NVIDIA Corporation $NVDA Shares Acquired by Thomasville National Bank

Key Points

• Thomasville National Bank increased its holdings in NVIDIA Corporation by 88.6% during the second quarter, acquiring an additional 85,328 shares and bringing its total to 181,677 shares valued at approximately $28.7 million.
• NVIDIA reported earning $1.05 EPS in its latest quarter, beating analysts' expectations, with a revenue of $46.74 billion, up 55.6% from last year.
• The company recently announced a quarterly dividend of $0.01 with a yield of 0.0%, while the stock currently holds an average target price of $209.82 among analysts.

Thomasville National Bank increased its holdings in NVIDIA Corporation (NASDAQ:NVDA - Free Report) by 88.6% during the 2nd quarter, according to the company in its most recent disclosure with the SEC. The institutional investor owned 181,677 shares of the computer hardware maker's stock after acquiring an additional 85,328 shares during the quarter. NVIDIA makes up 2.0% of Thomasville National Bank's portfolio, making the stock its 18th biggest position. Thomasville National Bank's holdings in NVIDIA were worth $28,703,000 as of its most recent SEC filing.

Several other institutional investors have also modified their holdings of NVDA. Brighton Jones LLC lifted its stake in shares of NVIDIA by 12.4% in the fourth quarter. Brighton Jones LLC now owns 324,901 shares of the computer hardware maker's stock worth $43,631,000 after acquiring an additional 35,815 shares in the last quarter. Bank Pictet & Cie Europe AG lifted its stake in shares of NVIDIA by 1.0% in the fourth quarter. Bank Pictet & Cie Europe AG now owns 2,346,417 shares of the computer hardware maker's stock worth $315,100,000 after acquiring an additional 22,929 shares in the last quarter. Highview Capital Management LLC DE raised its stake in NVIDIA by 6.7% during the fourth quarter. Highview Capital Management LLC DE now owns 58,396 shares of the computer hardware maker's stock valued at $7,842,000 after buying an additional 3,653 shares in the last quarter. Hudson Value Partners LLC raised its stake in NVIDIA by 30.7% during the fourth quarter. Hudson Value Partners LLC now owns 50,658 shares of the computer hardware maker's stock valued at $6,805,000 after buying an additional 11,900 shares in the last quarter. Finally, Summit Investment Advisors Inc. raised its stake in NVIDIA by 1.9% during the fourth quarter. Summit Investment Advisors Inc. now owns 737,749 shares of the computer hardware maker's stock valued at $99,072,000 after buying an additional 13,700 shares in the last quarter. Institutional investors and hedge funds own 65.27% of the company's stock.

NVIDIA Stock Up 0.3%

NVDA opened at $178.19 on Friday. NVIDIA Corporation has a 12 month low of $86.62 and a 12 month high of $184.55. The company has a debt-to-equity ratio of 0.08, a current ratio of 4.21 and a quick ratio of 3.60. The stock has a market cap of $4.33 trillion, a P/E ratio of 50.77, a P/E/G ratio of 1.29 and a beta of 2.10. The stock's 50 day moving average price is $176.60 and its 200 day moving average price is $145.99.

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

NVIDIA Announces Dividend

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

Wall Street Analyst Weigh In

Several analysts have issued reports on the company. UBS Group restated a "buy" rating on shares of NVIDIA in a research note on Tuesday, September 23rd. Robert W. Baird upped their price objective on NVIDIA from $195.00 to $225.00 and gave the company an "outperform" rating in a research note on Monday, August 25th. Piper Sandler set a $225.00 price objective on NVIDIA and gave the company an "overweight" rating in a research note on Wednesday, August 13th. KeyCorp restated an "overweight" rating and set a $230.00 price objective (up previously from $215.00) on shares of NVIDIA in a research note on Thursday, August 28th. Finally, Morgan Stanley upped their price objective on NVIDIA from $206.00 to $210.00 and gave the company an "overweight" rating in a research note on Thursday, August 28th. Four analysts have rated the stock with a Strong Buy rating, thirty-six have issued a Buy rating, four have assigned a Hold rating and one has assigned a Sell rating to the company. According to data from MarketBeat, the company has an average rating of "Moderate Buy" and a consensus target price of $209.82.

Insider Buying and Selling at NVIDIA

In other NVIDIA news, CEO Jen Hsun Huang sold 75,000 shares of the stock in a transaction on Wednesday, July 9th. The stock was sold at an average price of $163.11, for a total transaction of $12,233,250.00. Following the completion of the transaction, the chief executive officer directly owned 74,873,225 shares of the company's stock, valued at approximately $12,212,571,729.75. This trade represents a 0.10% decrease in their position. The sale was disclosed in a document filed with the SEC, which can be accessed through this hyperlink. Also, Director Harvey C. Jones sold 250,000 shares of the stock in a transaction on 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 directly owned 7,183,280 shares of the company's stock, valued at approximately $1,265,765,768.80. The trade was a 3.36% decrease in their ownership of the stock. The disclosure for this sale can be found here. In the last ninety days, insiders sold 4,176,470 shares of company stock valued at $720,979,162. 4.17% of the stock is owned by corporate insiders.

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.

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