B & T Capital Management DBA Alpha Capital Management Has $8.91 Million Stake in NVIDIA Corporation $NVDA

B & T Capital Management DBA Alpha Capital Management raised its holdings in NVIDIA Corporation (NASDAQ:NVDA) by 2.4% in the 2nd quarter, according to the company in its most recent 13F filing with the SEC. The fund owned 56,414 shares of the computer hardware maker’s stock after purchasing an additional 1,324 shares during the quarter. NVIDIA makes up about 1.5% of B & T Capital Management DBA Alpha Capital Management’s investment portfolio, making the stock its 20th largest position. B & T Capital Management DBA Alpha Capital Management’s holdings in NVIDIA were worth $8,913,000 at the end of the most recent quarter.

Several other large investors also recently made changes to their positions in NVDA. Morton Brown Family Wealth LLC grew its holdings in NVIDIA by 1.5% during the 2nd quarter. Morton Brown Family Wealth LLC now owns 3,928 shares of the computer hardware maker’s stock worth $621,000 after acquiring an additional 58 shares during the last quarter. Roof Eidam Maycock Peralta LLC raised its stake in shares of NVIDIA by 0.3% in the second quarter. Roof Eidam Maycock Peralta LLC now owns 20,903 shares of the computer hardware maker’s stock worth $3,302,000 after acquiring an additional 58 shares during the last quarter. Alpha Wealth Funds LLC lifted its position in shares of NVIDIA by 1.3% during the second quarter. Alpha Wealth Funds LLC now owns 4,634 shares of the computer hardware maker’s stock worth $732,000 after purchasing an additional 59 shares in the last quarter. Copia Wealth Management grew its stake in shares of NVIDIA by 14.7% during the second quarter. Copia Wealth Management now owns 468 shares of the computer hardware maker’s stock valued at $74,000 after purchasing an additional 60 shares during the last quarter. Finally, BKM Wealth Management LLC increased its holdings in shares of NVIDIA by 1.1% in the second quarter. BKM Wealth Management LLC now owns 5,745 shares of the computer hardware maker’s stock valued at $908,000 after purchasing an additional 60 shares in the last quarter. Institutional investors own 65.27% of the company’s stock.

Wall Street Analysts Forecast Growth

Several research firms have issued reports on NVDA. BNP Paribas Exane upped their price objective on NVIDIA from $240.00 to $250.00 and gave the stock an “outperform” rating in a report on Tuesday. Bank of America boosted their target price on NVIDIA from $235.00 to $275.00 and gave the stock a “buy” rating in a research report on Wednesday, October 29th. Robert W. Baird set a $275.00 price target on NVIDIA and gave the company an “outperform” rating in a research note on Thursday. Cantor Fitzgerald reiterated an “overweight” rating and issued a $300.00 price objective on shares of NVIDIA in a research report on Thursday. Finally, Needham & Company LLC reissued a “buy” rating and set a $240.00 price objective on shares of NVIDIA in a report on Thursday. Four investment analysts have rated the stock with a Strong Buy rating, forty-five have issued a Buy rating, two have given a Hold rating and one has issued a Sell rating to the company. According to data from MarketBeat, the company has a consensus rating of “Buy” and an average target price of $256.21.

Insider Buying and Selling at NVIDIA

In other news, Director Mark A. Stevens sold 350,000 shares of the firm’s stock in a transaction dated Friday, September 19th. The stock was sold at an average price of $176.39, for a total transaction of $61,736,500.00. Following the sale, the director owned 7,399,803 shares of the company’s stock, valued at $1,305,251,251.17. This trade represents a 4.52% decrease in their ownership of the stock. The transaction was disclosed in a document filed with the SEC, which is available through this hyperlink. Also, Director Harvey C. Jones sold 250,000 shares of NVIDIA stock in a transaction dated Thursday, September 18th. The shares were sold at an average price of $176.21, for a total value of $44,052,500.00. Following the transaction, the director owned 7,183,280 shares in the company, valued at $1,265,765,768.80. This trade represents a 3.36% decrease in their position. The disclosure for this sale is available in the SEC filing. Over the last ninety days, insiders sold 3,251,577 shares of company stock valued at $583,143,187. Company insiders own 4.17% of the company’s stock.

NVIDIA Stock Down 3.0%

Shares of NASDAQ NVDA opened at $180.98 on Friday. NVIDIA Corporation has a 52-week low of $86.62 and a 52-week high of $212.19. The company has a debt-to-equity ratio of 0.08, a quick ratio of 3.60 and a current ratio of 4.21. The stock has a market cap of $4.40 trillion, a P/E ratio of 51.56, a P/E/G ratio of 1.49 and a beta of 2.11. The firm has a 50 day moving average price of $186.44 and a 200 day moving average price of $167.58.

NVIDIA (NASDAQ:NVDA) last posted its earnings results on Wednesday, November 19th. The computer hardware maker reported $1.30 earnings per share for the quarter, topping 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 for the quarter, compared to analyst estimates of $54.66 billion. During the same period last year, the business posted $0.81 earnings per share. The business’s revenue for the quarter was up 62.5% compared to the same quarter last year. NVIDIA has set its Q4 2026 guidance at EPS. Analysts expect that NVIDIA Corporation will post 2.77 EPS for the current year.

NVIDIA Announces Dividend

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

NVIDIA Company 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.