First Citizens Financial Corp Makes New $2.32 Million Investment in NVIDIA Corporation $NVDA

Key Points

• First Citizens Financial Corp purchased 10,168 NVIDIA shares worth approximately $2.32 million in the third quarter. Institutional investors collectively own 65.27% of NVIDIA’s stock.
• Analysts remain strongly bullish, with NVIDIA receiving an average “Buy” rating and a consensus price target of $321.47. The company recently exceeded quarterly earnings and revenue expectations, reporting $2.22 in EPS and $96.22 billion in revenue.
• NVIDIA approved a $150 billion share-repurchase program, while insiders sold approximately $399.5 million of stock over the prior 90 days, including a director’s $144.1 million sale.

First Citizens Financial Corp bought a new stake in shares of NVIDIA Corporation (NASDAQ:NVDA - Free Report) in the 3rd quarter, according to its most recent disclosure with the Securities and Exchange Commission (SEC). The institutional investor bought 10,168 shares of the computer hardware maker's stock, valued at approximately $2,322,000.

A number of other hedge funds and other institutional investors have also modified their holdings of NVDA. Montgomery Financial Services LLC purchased a new position in NVIDIA during the 2nd quarter worth approximately $28,000. Longview Financial Advisors Inc. purchased a new stake in shares of NVIDIA in the first quarter valued at $27,000. Phillip James Consulting Co. purchased a new position in shares of NVIDIA during the first quarter valued at $40,000. Bard Associates Inc. grew its holdings in shares of NVIDIA by 8,866.7% during the second quarter. Bard Associates Inc. now owns 269 shares of the computer hardware maker's stock valued at $54,000 after buying an additional 266 shares in the last quarter. Finally, Frankly Finances LLC acquired a new position in NVIDIA during the second quarter valued at $60,000. Institutional investors and hedge funds own 65.27% of the company's stock.

Wall Street Analyst Weigh In

Several equities research analysts recently issued reports on NVDA shares. Jefferies Financial Group reissued a "buy" rating on shares of NVIDIA in a research note on Wednesday, August 26th. Daiwa Securities Group lowered their target price on NVIDIA from $255.00 to $245.00 and set an "outperform" rating on the stock in a research note on Thursday, September 17th. Wells Fargo & Company set a $210.00 target price on NVIDIA in a research note on Friday, October 2nd. Piper Sandler initiated coverage on NVIDIA in a report on Wednesday, September 9th. They issued an "overweight" rating and a $300.00 target price on the stock. Finally, China Renaissance increased their price target on shares of NVIDIA from $319.00 to $330.00 and gave the stock a "buy" rating in a research report on Monday, August 31st. Five investment analysts have rated the stock with a Strong Buy rating, forty-nine have given a Buy rating and one has given a Hold rating to the stock. According to data from MarketBeat.com, the company has an average rating of "Buy" and a consensus target price of $321.47.

Insider Transactions at NVIDIA

In other news, EVP Timothy Teter sold 30,460 shares of the stock in a transaction on Monday, September 21st. The shares were sold at an average price of $222.80, for a total transaction of $6,786,488.00. Following the transaction, the executive vice president owned 2,687,660 shares in the company, valued at $598,810,648. This represents a 1.12% decrease in their position. The sale was disclosed in a document filed with the SEC, which can be accessed through this hyperlink. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Also, Director Mark Stevens sold 622,239 shares of NVIDIA stock in a transaction on Friday, September 4th. The shares were sold at an average price of $231.62, for a total transaction of $144,122,997.18. Following the completion of the sale, the director directly owned 2,336,531 shares of the company's stock, valued at approximately $541,187,310.22. The trade was a 21.03% decrease in their position. Additional details regarding this sale are available in the official SEC disclosure. Insiders have sold a total of 1,766,118 shares of company stock worth $399,450,353 in the last 90 days. 3.94% of the stock is owned by insiders.

NVIDIA Stock Up 2.4%

NVDA opened at $216.00 on Tuesday. The company has a market capitalization of $5.21 trillion, a PE ratio of 27.31, a price-to-earnings-growth ratio of 1.62 and a beta of 2.22. The company has a debt-to-equity ratio of 0.14, a current ratio of 4.59 and a quick ratio of 3.85. NVIDIA Corporation has a fifty-two week low of $164.27 and a fifty-two week high of $243.37. The business has a 50-day moving average of $222.48 and a 200-day moving average of $203.56.

NVIDIA (NASDAQ:NVDA - Get Free Report) last announced its quarterly earnings results on Wednesday, August 26th. The computer hardware maker reported $2.22 EPS for the quarter, beating the consensus estimate of $2.09 by $0.13. NVIDIA had a return on equity of 96.04% and a net margin of 63.66%. The business had revenue of $96.22 billion during the quarter, compared to analysts' expectations of $92.27 billion. During the same quarter in the previous year, the business posted $1.05 EPS. The firm's quarterly revenue was up 105.9% compared to the same quarter last year. Equities research analysts forecast that NVIDIA Corporation will post 9.30 EPS for the current fiscal year.

NVIDIA Announces Dividend

The firm also recently announced a quarterly dividend, which was paid on Thursday, October 1st. Shareholders of record on Thursday, September 10th were given a $0.25 dividend. This represents a $1.00 annualized dividend and a yield of 0.5%. The ex-dividend date of this dividend was Thursday, September 10th. NVIDIA's payout ratio is currently 12.64%.

NVIDIA declared that its Board of Directors has approved a stock repurchase program on Monday, September 28th that permits the company to buy back $150 billion in outstanding shares. This repurchase authorization permits the computer hardware maker to purchase up to 2.8% of its stock through open market purchases. Stock repurchase programs are usually an indication that the company's board believes its shares are undervalued.

More NVIDIA News

Here are the key news stories impacting NVIDIA this week:

• Positive Sentiment: SpaceX reportedly committed up to $40 billion in financing for NVIDIA’s Vera Rubin processors, with deliveries expected in 2027. SpaceX’s plans to build at least 10 gigawatts of computing capacity could create substantial long-term demand for NVIDIA hardware. Elon Musk and SpaceX Just Delivered Incredible News to Nvidia
• Positive Sentiment: Anthropic’s IPO filing highlighted approximately $224.5 billion in non-cancelable compute agreements with Amazon and Alphabet. The commitments reinforce expectations for sustained hyperscaler spending on NVIDIA GPUs and other AI infrastructure, despite Anthropic’s reported accounting-driven loss. Anthropic's IPO Filing Reveals a Massive Opportunity for AI Infrastructure Giants
• Positive Sentiment: Demand indicators remain strong: GPU rental prices have risen sharply, including for older chips, while NVIDIA is expanding beyond data centers through a self-driving partnership with Mercedes-Benz and an industrial AI collaboration with Honeywell and Dell. Nvidia Just Doubled Down on Self-Driving Cars With Mercedes
• Neutral Sentiment: Analyst sentiment remains overwhelmingly bullish, with reports citing a 98% buy-rating rate and continued confidence in NVIDIA’s triple-digit revenue growth. However, the shares remain below their 50-day moving average while trading above the 200-day average, reflecting both strong long-term momentum and near-term volatility.
• Negative Sentiment: Credit-market pressure could slow AI data-center construction and reduce GPU purchases by highly leveraged neocloud operators. Analysts also warn of infrastructure bottlenecks, while Broadcom’s custom AI chips and open Ethernet alternatives could gradually challenge NVIDIA’s ecosystem and InfiniBand position. Seaport Reiterates Sell Rating On Nvidia Stock Over Data Center Infrastructure Bottlenecks

NVIDIA Company Profile

NVIDIA Corporation NASDAQ: NVDA is a technology company that designs graphics processing units (GPUs), accelerated computing platforms, networking products and related software. Its technologies support artificial intelligence, machine learning, scientific computing, data analytics, professional visualization and computer graphics.

The company's products include GeForce GPUs for gaming and personal computing, data center GPUs and systems for AI and high-performance computing, and networking solutions used to connect and manage large-scale computing infrastructure.

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