Allied Investment Advisors LLC Increases Stock Position in NVIDIA Corporation $NVDA

Allied Investment Advisors LLC increased its holdings in NVIDIA Corporation (NASDAQ:NVDA) by 10.2% during the second quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission. The fund owned 5,609 shares of the computer hardware maker’s stock after buying an additional 519 shares during the quarter. Allied Investment Advisors LLC’s holdings in NVIDIA were worth $886,000 at the end of the most recent reporting period.

A number of other institutional investors have also bought and sold shares of NVDA. Astoria Portfolio Advisors LLC. grew its stake in NVIDIA by 0.9% during the 1st quarter. Astoria Portfolio Advisors LLC. now owns 93,568 shares of the computer hardware maker’s stock worth $9,610,000 after buying an additional 864 shares during the last quarter. Fielder Capital Group LLC boosted its holdings in NVIDIA by 9.7% in the first quarter. Fielder Capital Group LLC now owns 50,469 shares of the computer hardware maker’s stock worth $5,470,000 after acquiring an additional 4,444 shares in the last quarter. MADDEN SECURITIES Corp boosted its holdings in NVIDIA by 3.2% in the second quarter. MADDEN SECURITIES Corp now owns 81,322 shares of the computer hardware maker’s stock worth $12,848,000 after acquiring an additional 2,484 shares in the last quarter. Sentinel Pension Advisors LLC grew its stake in shares of NVIDIA by 4.1% during the second quarter. Sentinel Pension Advisors LLC now owns 2,743 shares of the computer hardware maker’s stock worth $433,000 after acquiring an additional 107 shares during the last quarter. Finally, ORG Wealth Partners LLC raised its position in shares of NVIDIA by 7.7% in the 2nd quarter. ORG Wealth Partners LLC now owns 49,301 shares of the computer hardware maker’s stock valued at $7,560,000 after purchasing an additional 3,542 shares during the last quarter. Hedge funds and other institutional investors own 65.27% of the company’s stock.

NVIDIA Trading Up 2.8%

Shares of NVDA stock opened at $186.52 on Thursday. NVIDIA Corporation has a 1-year low of $86.62 and a 1-year high of $212.19. The company has a 50-day moving average of $186.37 and a two-hundred day moving average of $167.48. The firm has a market cap of $4.53 trillion, a PE ratio of 53.14, a price-to-earnings-growth ratio of 1.49 and a beta of 2.11. The company has a debt-to-equity ratio of 0.08, a current ratio of 4.21 and a quick ratio of 3.60.

NVIDIA (NASDAQ:NVDA) last issued its quarterly earnings results on Wednesday, November 19th. The computer hardware maker reported $1.30 EPS for the quarter, beating the consensus estimate of $1.23 by $0.07. NVIDIA had a net margin of 52.41% and a return on equity of 101.74%. The company had revenue of $57.01 billion during the quarter, compared to analysts’ expectations of $54.66 billion. During the same quarter last year, the company posted $0.81 EPS. The firm’s revenue was up 62.5% compared to the same quarter last year. NVIDIA has set its Q4 2026 guidance at EPS. On average, analysts predict that NVIDIA Corporation will post 2.77 EPS for the current year.

NVIDIA Dividend Announcement

The company also recently announced a quarterly dividend, which will be paid on Friday, December 26th. Stockholders of record on Thursday, December 4th will be issued a $0.01 dividend. This represents a $0.04 annualized dividend and a dividend yield of 0.0%. The ex-dividend date of this dividend is Thursday, December 4th. NVIDIA’s payout ratio is presently 1.14%.

Insider Activity at NVIDIA

In other news, CFO Colette Kress sold 27,640 shares of NVIDIA stock in a transaction on Monday, November 3rd. The shares were sold at an average price of $208.33, for a total value of $5,758,241.20. Following the transaction, the chief financial officer directly owned 2,828,122 shares of the company’s stock, valued at $589,182,656.26. The trade was a 0.97% decrease in their position. The sale was disclosed in a legal filing with the SEC, which is available through this link. Also, CEO Jen Hsun Huang sold 25,000 shares of the business’s stock in a transaction that occurred on Wednesday, October 29th. The shares were sold at an average price of $207.91, for a total value of $5,197,750.00. Following the completion of the transaction, the chief executive officer directly owned 69,733,203 shares in the company, valued at approximately $14,498,230,235.73. The trade was a 0.04% decrease in their position. The disclosure for this sale is available in the SEC filing. Insiders sold 3,251,577 shares of company stock valued at $583,143,187 over the last three months. Corporate insiders own 4.17% of the company’s stock.

Wall Street Analyst Weigh In

Several analysts have weighed in on NVDA shares. Sanford C. Bernstein reissued a “buy” rating on shares of NVIDIA in a research report on Tuesday. BNP Paribas raised shares of NVIDIA to a “hold” rating in a report on Friday, August 1st. Morgan Stanley upped their target price on NVIDIA from $210.00 to $220.00 and gave the company an “overweight” rating in a research report on Friday, November 14th. President Capital boosted their price target on NVIDIA from $210.00 to $240.00 and gave the company a “buy” rating in a research note on Thursday, October 30th. Finally, Wall Street Zen upgraded NVIDIA from a “hold” rating to a “buy” rating in a research note on Sunday, October 19th. Five equities research analysts have rated the stock with a Strong Buy rating, forty-one have issued a Buy rating, two have issued a Hold rating and one has issued a Sell rating to the stock. According to data from MarketBeat.com, the stock presently has an average rating of “Buy” and a consensus price target of $240.49.

NVIDIA Profile

NVIDIA Corporation provides graphics and compute and networking solutions in the United States, Taiwan, China, Hong Kong, and internationally. The Graphics segment offers GeForce GPUs for gaming and PCs, the GeForce NOW game streaming service and related infrastructure, and solutions for gaming platforms; Quadro/NVIDIA RTX GPUs for enterprise workstation graphics; virtual GPU or vGPU software for cloud-based visual and virtual computing; automotive platforms for infotainment systems; and Omniverse software for building and operating metaverse and 3D internet applications.