NVIDIA Corporation $NVDA Stock Acquired by Dakota Community Bank & Trust NA

Key Points

• Dakota Community Bank & Trust increased its NVIDIA stake by 47.9% in the third quarter, bringing its holdings to 9,321 shares worth approximately $2.13 million. Institutional investors collectively own 65.27% of NVIDIA.
• Analyst sentiment remains broadly positive, with a consensus “Buy” rating and an average price target of $321.47, despite one downgrade from “strong buy” to “buy.”
• NVIDIA reported quarterly EPS and revenue above expectations, while also approving a $150 billion share-repurchase program and maintaining a $0.25 quarterly dividend; however, insiders have sold roughly $399.5 million of stock over the past 90 days.

Dakota Community Bank & Trust NA grew its stake in NVIDIA Corporation (NASDAQ:NVDA - Free Report) by 47.9% during the third quarter, according to its most recent Form 13F filing with the Securities & Exchange Commission. The institutional investor owned 9,321 shares of the computer hardware maker's stock after purchasing an additional 3,018 shares during the quarter. NVIDIA makes up about 5.5% of Dakota Community Bank & Trust NA's holdings, making the stock its 4th largest position. Dakota Community Bank & Trust NA's holdings in NVIDIA were worth $2,129,000 as of its most recent filing with the Securities & Exchange Commission.

Other institutional investors and hedge funds have also bought and sold shares of the company. Retirement Wealth Solutions LLC grew its position in NVIDIA by 1.2% in the 2nd quarter. Retirement Wealth Solutions LLC now owns 4,121 shares of the computer hardware maker's stock worth $825,000 after purchasing an additional 47 shares in the last quarter. LightSquare Wealth Management LLC increased its stake in NVIDIA by 0.3% in the 2nd quarter. LightSquare Wealth Management LLC now owns 18,695 shares of the computer hardware maker's stock valued at $3,741,000 after buying an additional 49 shares during the last quarter. Defender Capital LLC. lifted its position in shares of NVIDIA by 0.7% during the 2nd quarter. Defender Capital LLC. now owns 7,534 shares of the computer hardware maker's stock worth $1,507,000 after buying an additional 50 shares in the last quarter. Kooman & Associates lifted its position in shares of NVIDIA by 0.6% during the 2nd quarter. Kooman & Associates now owns 8,464 shares of the computer hardware maker's stock worth $1,694,000 after buying an additional 50 shares in the last quarter. Finally, Roof Eidam Maycock Peralta LLC boosted its stake in shares of NVIDIA by 0.3% in the 2nd quarter. Roof Eidam Maycock Peralta LLC now owns 18,827 shares of the computer hardware maker's stock worth $3,767,000 after buying an additional 50 shares during the last quarter. 65.27% of the stock is owned by hedge funds and other institutional investors.

Analyst Upgrades and Downgrades

A number of analysts recently commented on the company. Wall Street Zen downgraded NVIDIA from a "strong-buy" rating to a "buy" rating in a research report on Saturday, October 24th. KeyCorp restated an "overweight" rating and issued a $330.00 price objective on shares of NVIDIA in a research note on Monday, August 24th. BMO Capital Markets set a $340.00 target price on NVIDIA and gave the company an "outperform" rating in a research report on Thursday, August 20th. Evercore set a $465.00 target price on NVIDIA and gave the stock an "outperform" rating in a research note on Thursday, August 27th. Finally, Citigroup restated a "buy" rating and set a $315.00 price target (up from $300.00) on shares of NVIDIA in a research report on Thursday, August 27th. Five equities research analysts have rated the stock with a Strong Buy rating, forty-nine have assigned a Buy rating and one has given a Hold rating to the stock. According to data from MarketBeat, the company currently has a consensus rating of "Buy" and an average target price of $321.47.

NVIDIA Stock Down 4.2%

NVDA opened at $204.64 on Friday. NVIDIA Corporation has a 12 month low of $164.27 and a 12 month high of $243.37. The company has a market cap of $4.93 trillion, a PE ratio of 25.87, a price-to-earnings-growth ratio of 1.57 and a beta of 2.22. The company has a current ratio of 4.59, a quick ratio of 3.85 and a debt-to-equity ratio of 0.14. The company has a 50 day moving average of $221.74 and a 200 day moving average of $204.24.

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

NVIDIA Announces Dividend

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

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

Insider Buying and Selling at NVIDIA

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

Key Headlines Impacting NVIDIA

Here are the key news stories impacting NVIDIA this week:

• Positive Sentiment: NVIDIA’s strong earnings, expanding margins and outlook for roughly 70% revenue growth in fiscal 2028 continue to support the bullish case. Analysts argue that AI demand remains supply-constrained and that the company’s latest guidance exceeded expectations. NVIDIA’s AI Dominance Could Have Further to Run
• Positive Sentiment: The company is broadening its role beyond GPUs by offering complete AI-factory architectures, networking, software and edge systems. Expanded collaborations with Microsoft, Meta, Oracle and other partners could increase NVIDIA’s share of customers’ overall AI infrastructure budgets. How AI Factory Expansion Will Impact NVIDIA Investors
• Positive Sentiment: Commentary highlighting AI demand, pricing power and NVIDIA’s strategic investments in networking, software and AI companies provides potential long-term catalysts. Wall Street analyst sentiment remains broadly favorable despite the recent correction. NVIDIA Stock: Analyst Estimates and Ratings

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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