NVIDIA Corporation $NVDA Stock Holdings Lifted by First National Advisers LLC

Key Points

• First National Advisers LLC increased its holdings in NVIDIA Corporation by 1.7%, now owning 220,316 shares valued at approximately $23.88 million.
• Multiple analysts have raised their price targets for NVIDIA shares, with Bank of America increasing its target from $180 to $220, reflecting growing confidence in the stock.
• Insider trading activity included CFO Colette Kress and CEO Jen Hsun Huang selling substantial shares, while insiders have collectively offloaded around 5.9 million shares worth nearly $903 million in the past 90 days.

First National Advisers LLC boosted its position in NVIDIA Corporation (NASDAQ:NVDA - Free Report) by 1.7% during the first quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The fund owned 220,316 shares of the computer hardware maker's stock after acquiring an additional 3,734 shares during the quarter. NVIDIA accounts for approximately 3.8% of First National Advisers LLC's portfolio, making the stock its 4th largest holding. First National Advisers LLC's holdings in NVIDIA were worth $23,878,000 at the end of the most recent reporting period.

A number of other institutional investors have also added to or reduced their stakes in NVDA. Kathleen S. Wright Associates Inc. increased its stake in NVIDIA by 169.3% in the first quarter. Kathleen S. Wright Associates Inc. now owns 404 shares of the computer hardware maker's stock valued at $44,000 after acquiring an additional 254 shares during the last quarter. Copia Wealth Management bought a new position in NVIDIA in the fourth quarter valued at $50,000. Barnes Dennig Private Wealth Management LLC bought a new position in NVIDIA in the first quarter valued at $51,000. Bruce G. Allen Investments LLC boosted its position in NVIDIA by 198.2% during the first quarter. Bruce G. Allen Investments LLC now owns 492 shares of the computer hardware maker's stock valued at $53,000 after buying an additional 327 shares during the period. Finally, LSV Asset Management purchased a new stake in NVIDIA during the fourth quarter valued at about $54,000. Institutional investors own 65.27% of the company's stock.

Insider Buying and Selling

In other news, CEO Jen Hsun Huang sold 75,000 shares of the firm's stock in a transaction on Friday, August 15th. The stock was sold at an average price of $179.76, for a total value of $13,482,000.00. Following the transaction, the chief executive officer directly owned 72,848,225 shares in the company, valued at $13,095,196,926. This trade represents a 0.10% decrease in their position. The transaction was disclosed in a filing with the SEC, which is available at this link. Also, CFO Colette Kress sold 27,640 shares of the business's stock in a transaction on Monday, August 4th. The shares were sold at an average price of $178.06, for a total transaction of $4,921,578.40. Following the sale, the chief financial officer directly owned 2,956,876 shares of the company's stock, valued at approximately $526,501,340.56. The trade was a 0.93% decrease in their position. The disclosure for this sale can be found here. In the last ninety days, insiders sold 5,862,440 shares of company stock valued at $896,145,782. 4.17% of the stock is currently owned by insiders.

NVIDIA Stock Down 3.3%

Shares of NASDAQ NVDA traded down $5.99 on Friday, reaching $174.18. 242,604,296 shares of the company's stock traded hands, compared to its average volume of 168,293,824. NVIDIA Corporation has a 12 month low of $86.62 and a 12 month high of $184.48. The business's 50 day simple moving average is $170.83 and its two-hundred day simple moving average is $139.08. The company has a market cap of $4.23 trillion, a price-to-earnings ratio of 49.62, a price-to-earnings-growth ratio of 1.52 and a beta of 2.14. The company has a quick ratio of 2.96, a current ratio of 4.21 and a debt-to-equity ratio of 0.08.

NVIDIA (NASDAQ:NVDA - Get Free Report) last announced its earnings results on Wednesday, August 27th. The computer hardware maker reported $1.05 earnings per share for the quarter, beating analysts' consensus estimates of $1.01 by $0.04. The business had revenue of $46.74 billion during the quarter, compared to the consensus estimate of $45.65 billion. NVIDIA had a net margin of 52.41% and a return on equity of 101.74%. The business's revenue for the quarter was up 55.6% on a year-over-year basis. During the same quarter last year, the firm earned $0.68 earnings per share. NVIDIA has set its Q3 2026 guidance at EPS. As a group, equities research analysts forecast that NVIDIA Corporation will post 2.77 EPS for the current fiscal year.

NVIDIA Announces Dividend

The company also recently declared a quarterly dividend, which will be paid on Thursday, October 2nd. Investors of record on Thursday, September 11th will be given a dividend of $0.01 per share. The ex-dividend date of this dividend is Thursday, September 11th. This represents a $0.04 annualized dividend and a dividend yield of 0.0%. NVIDIA's dividend payout ratio (DPR) is 1.14%.

Analyst Ratings Changes

Several analysts have issued reports on the stock. Summit Insights upgraded shares of NVIDIA from a "hold" rating to a "buy" rating in a research report on Thursday, May 29th. Craig Hallum upped their price target on shares of NVIDIA from $195.00 to $245.00 and gave the company a "buy" rating in a research report on Thursday. Benchmark upped their price target on shares of NVIDIA from $190.00 to $220.00 and gave the company a "buy" rating in a research report on Thursday. BNP Paribas upgraded shares of NVIDIA to a "hold" rating in a research report on Friday, August 1st. Finally, Arete Research upgraded shares of NVIDIA to a "strong-buy" rating in a research report on Wednesday, May 21st. Four investment analysts have rated the stock with a Strong Buy rating, thirty-three have issued a Buy rating, five have issued a Hold rating and one has assigned a Sell rating to the company. According to data from MarketBeat.com, the company currently has an average rating of "Moderate Buy" and a consensus target price of $207.69.

About NVIDIA

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.