Farmers & Merchants Investments Inc. lifted its holdings in shares of NVIDIA Corporation (NASDAQ:NVDA - Free Report) by 22.4% during the 2nd quarter, according to its most recent disclosure with the Securities and Exchange Commission. The firm owned 190,027 shares of the computer hardware maker's stock after purchasing an additional 34,733 shares during the quarter. NVIDIA accounts for 0.9% of Farmers & Merchants Investments Inc.'s holdings, making the stock its 21st largest position. Farmers & Merchants Investments Inc.'s holdings in NVIDIA were worth $30,022,000 as of its most recent SEC filing.
Other large investors have also made changes to their positions in the company. Narus Financial Partners LLC boosted its position in NVIDIA by 6.0% in the second quarter. Narus Financial Partners LLC now owns 40,524 shares of the computer hardware maker's stock valued at $6,402,000 after buying an additional 2,306 shares in the last quarter. Chico Wealth RIA lifted its holdings in NVIDIA by 34.8% in the second quarter. Chico Wealth RIA now owns 2,943 shares of the computer hardware maker's stock valued at $465,000 after buying an additional 760 shares during the period. Rooted Wealth Advisors Inc. lifted its holdings in NVIDIA by 2.3% in the second quarter. Rooted Wealth Advisors Inc. now owns 17,409 shares of the computer hardware maker's stock valued at $2,871,000 after buying an additional 393 shares during the period. Lewis Asset Management LLC lifted its holdings in NVIDIA by 8.5% in the second quarter. Lewis Asset Management LLC now owns 114,087 shares of the computer hardware maker's stock valued at $18,025,000 after buying an additional 8,910 shares during the period. Finally, Toth Financial Advisory Corp increased its stake in NVIDIA by 22.7% in the second quarter. Toth Financial Advisory Corp now owns 39,179 shares of the computer hardware maker's stock valued at $6,190,000 after purchasing an additional 7,243 shares in the last quarter. Institutional investors and hedge funds own 65.27% of the company's stock.
Analyst Ratings Changes
Several equities research analysts have weighed in on NVDA shares. Citigroup reaffirmed a "buy" rating and issued a $210.00 price target (up from $200.00) on shares of NVIDIA in a research note on Tuesday. Needham & Company LLC reaffirmed a "buy" rating and issued a $200.00 price target on shares of NVIDIA in a research note on Thursday, August 28th. Benchmark lifted their price target on shares of NVIDIA from $190.00 to $220.00 and gave the company a "buy" rating in a research note on Thursday, August 28th. Wall Street Zen raised shares of NVIDIA from a "hold" rating to a "buy" rating in a research report on Friday, September 5th. Finally, Stifel Nicolaus boosted their target price on shares of NVIDIA from $202.00 to $212.00 and gave the stock a "buy" rating in a research report on Monday, August 25th. Four equities research analysts have rated the stock with a Strong Buy rating, thirty-six have issued a Buy rating, four have given a Hold rating and one has assigned a Sell rating to the stock. According to MarketBeat, the company currently has a consensus rating of "Moderate Buy" and a consensus target price of $211.00.
Read Our Latest Stock Report on NVDA
Insider Transactions at NVIDIA
In other news, Director Mark A. Stevens sold 350,000 shares of the stock in a transaction on Friday, September 19th. The shares were sold at an average price of $176.39, for a total value of $61,736,500.00. Following the transaction, the director owned 7,399,803 shares of the company's stock, valued at $1,305,251,251.17. This represents a 4.52% decrease in their position. The sale was disclosed in a filing with the Securities & Exchange Commission, which is available at this link. Also, CEO Jen Hsun Huang sold 75,000 shares of the stock in a transaction on Monday, July 14th. The stock was sold at an average price of $164.36, for a total transaction of $12,327,000.00. Following the completion of the transaction, the chief executive officer directly owned 74,648,225 shares in the company, valued at $12,269,182,261. The trade was a 0.10% decrease in their position. The disclosure for this sale can be found here. Insiders have sold 4,022,407 shares of company stock valued at $700,382,754 in the last quarter. Insiders own 4.17% of the company's stock.
NVIDIA Stock Performance
Shares of NVDA stock opened at $186.44 on Wednesday. The stock has a market capitalization of $4.53 trillion, a P/E ratio of 53.12, a PEG ratio of 1.32 and a beta of 2.10. The company has a current ratio of 4.21, a quick ratio of 3.60 and a debt-to-equity ratio of 0.08. The firm's 50 day moving average is $177.20 and its 200 day moving average is $146.90. NVIDIA Corporation has a 12 month low of $86.62 and a 12 month high of $187.35.
NVIDIA (NASDAQ:NVDA - Get Free Report) last posted its earnings results on Wednesday, August 27th. The computer hardware maker reported $1.05 earnings per share (EPS) for the quarter, topping the consensus estimate of $1.01 by $0.04. NVIDIA had a net margin of 52.41% and a return on equity of 101.74%. The business had revenue of $46.74 billion for the quarter, compared to analysts' expectations of $45.65 billion. During the same period in the prior year, the company posted $0.68 EPS. The business's revenue for the quarter was up 55.6% compared to the same quarter last year. NVIDIA has set its Q3 2026 guidance at EPS. On average, sell-side analysts anticipate that NVIDIA Corporation will post 2.77 earnings per share for the current year.
NVIDIA Announces Dividend
The company also recently announced a quarterly dividend, which will be paid on Thursday, October 2nd. Shareholders of record on Thursday, September 11th will be paid a $0.01 dividend. The ex-dividend date is Thursday, September 11th. This represents a $0.04 annualized dividend and a yield of 0.0%. NVIDIA's dividend payout ratio is currently 1.14%.
NVIDIA Profile
(
Free Report)
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.
Further Reading
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