NVIDIA Corporation $NVDA Stock Bought by First National Bank of Omaha

Key Points

• First National Bank of Omaha increased its NVIDIA stake by 9.5% in the second quarter, owning 395,533 shares worth approximately $78.6 million. Institutional investors collectively hold 65.27% of NVIDIA’s stock.
• NVIDIA reported quarterly EPS of $2.22, beating estimates of $2.09, while revenue rose 105.9% year over year to $96.22 billion. The stock was trading near its 12-month high, and analysts maintained a consensus “Buy” rating with an average price target of $324.14.
• The company authorized a $150 billion share-repurchase program and declared a quarterly dividend of $0.25 per share. However, insiders sold roughly 1.77 million shares worth $399.5 million over the past three months.

First National Bank of Omaha boosted its holdings in shares of NVIDIA Corporation (NASDAQ:NVDA - Free Report) by 9.5% during the second quarter, according to the company in its most recent filing with the Securities and Exchange Commission (SEC). The firm owned 395,533 shares of the computer hardware maker's stock after purchasing an additional 34,332 shares during the period. NVIDIA comprises approximately 2.2% of First National Bank of Omaha's holdings, making the stock its 9th largest holding. First National Bank of Omaha's holdings in NVIDIA were worth $78,648,000 at the end of the most recent quarter.

A number of other hedge funds and other institutional investors have also bought and sold shares of NVDA. Navigoe LLC increased its stake in shares of NVIDIA by 17.2% during the second quarter. Navigoe LLC now owns 2,045 shares of the computer hardware maker's stock valued at $409,000 after buying an additional 300 shares during the period. Hurlow Wealth Management Group Inc. raised its holdings in shares of NVIDIA by 14.3% during the second quarter. Hurlow Wealth Management Group Inc. now owns 4,581 shares of the computer hardware maker's stock valued at $917,000 after acquiring an additional 572 shares in the last quarter. OFC Financial Planning LLC lifted its stake in NVIDIA by 3.2% in the second quarter. OFC Financial Planning LLC now owns 4,343 shares of the computer hardware maker's stock worth $869,000 after acquiring an additional 135 shares during the period. Mowery & Schoenfeld Wealth Management LLC lifted its stake in NVIDIA by 0.3% in the second quarter. Mowery & Schoenfeld Wealth Management LLC now owns 18,984 shares of the computer hardware maker's stock worth $3,798,000 after acquiring an additional 60 shares during the period. Finally, M.D. Sass LLC bought a new stake in NVIDIA in the second quarter valued at $1,929,000. Institutional investors own 65.27% of the company's stock.

NVIDIA Trading Up 1.1%

NASDAQ NVDA opened at $230.86 on Friday. NVIDIA Corporation has a 12 month low of $164.27 and a 12 month high of $236.54. The stock has a market cap of $5.56 trillion, a P/E ratio of 29.19, a P/E/G ratio of 1.76 and a beta of 2.22. The stock's fifty day moving average price is $218.20 and its 200-day moving average price is $207.30. The company has a current ratio of 4.59, a quick ratio of 3.85 and a debt-to-equity ratio of 0.14.

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, topping the consensus estimate of $2.09 by $0.13. NVIDIA had a net margin of 63.66% and a return on equity of 96.04%. The business had revenue of $96.22 billion during the quarter, compared to analysts' expectations of $92.27 billion. During the same period in the previous year, the company earned $1.05 earnings per share. The business's revenue for the quarter was up 105.9% compared to the same quarter last year. As a group, equities analysts forecast that NVIDIA Corporation will post 9.25 EPS for the current fiscal year.

NVIDIA announced that its Board of Directors has approved a stock buyback program on Monday, September 28th that permits the company to repurchase $150.00 billion in shares. This repurchase authorization permits the computer hardware maker to reacquire up to 2.8% of its shares through open market purchases. Shares repurchase programs are typically a sign that the company's board of directors believes its stock is undervalued.

NVIDIA Announces Dividend

The firm also recently disclosed a quarterly dividend, which was paid on Thursday, October 1st. Investors of record on Thursday, September 10th were given a $0.25 dividend. The ex-dividend date of this dividend was Thursday, September 10th. This represents a $1.00 annualized dividend and a yield of 0.4%. NVIDIA's dividend payout ratio is 12.64%.

Insider Buying and Selling at NVIDIA

In related news, CFO Colette Kress sold 34,918 shares of the firm's stock in a transaction that occurred on Thursday, September 17th. The shares were sold at an average price of $219.05, for a total value of $7,648,787.90. Following the sale, the chief financial officer owned 765,103 shares in the company, valued at approximately $167,595,812.15. This trade represents a 4.36% decrease in their ownership of the stock. The sale was disclosed in a document filed with the SEC, which can be accessed through the SEC website. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Also, Director Mark A. Stevens sold 622,239 shares of NVIDIA stock in a transaction that occurred on 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 directly owned 2,336,531 shares of the company's stock, valued at approximately $541,187,310.22. This trade represents a 21.03% decrease in their position. Additional details regarding this sale are available in the official SEC disclosure. In the last three months, insiders have sold 1,766,118 shares of company stock worth $399,450,353. Insiders own 3.94% of the company's stock.

Analyst Ratings Changes

A number of equities analysts recently issued reports on NVDA shares. TD Cowen reissued a "buy" rating on shares of NVIDIA in a research note on Tuesday, August 18th. Wall Street Zen cut NVIDIA from a "strong-buy" rating to a "buy" rating in a research report on Saturday, September 26th. Rosenblatt Securities reiterated a "buy" rating and set a $390.00 target price on shares of NVIDIA in a report on Tuesday. Itau BBA Securities decreased their target price on NVIDIA from $256.00 to $218.00 in a research report on Wednesday, June 24th. Finally, Wedbush increased their target price on NVIDIA from $330.00 to $345.00 and gave the stock an "outperform" rating in a research report on Thursday, August 27th. Four analysts have rated the stock with a Strong Buy rating, fifty have issued a Buy rating and one has issued a Hold rating to the company. According to data from MarketBeat, the company has a consensus rating of "Buy" and an average target price of $324.14.

Key NVIDIA News

Here are the key news stories impacting NVIDIA this week:

• Positive Sentiment: Barclays raised its estimate for NVIDIA’s 2027 hyperscaler revenue to approximately $401 billion, above its prior $370 billion forecast. The estimate reflects accelerating data-center investment by major cloud providers. Nvidia stock gains as Barclays sees $401B hyperscaler revenue in 2027
• Positive Sentiment: NVIDIA authorized an additional $150 billion share repurchase, bringing total buyback capacity to $235 billion through 2028. The move signals management confidence in future cash generation and could support earnings per share. Nvidia authorizes $150B buyback
• Positive Sentiment: Analysts remain constructive: Cantor Fitzgerald reaffirmed an overweight rating with a $350 price target, while other coverage highlights NVIDIA’s strong earnings prospects, rising cash flow and demand for its Vera Rubin platform. 2 Growth Stocks With Strong Earnings Prospects to Buy in October
• Positive Sentiment: New ecosystem activity, including NVIDIA’s participation in GMI Cloud’s $668 million financing and expanded digital-twin and AI-safety initiatives, reinforces demand for its full-stack AI platform.
• Neutral Sentiment: The stock is nearing its all-time high, making upcoming hyperscaler capital-expenditure updates and future earnings results important catalysts for sustaining momentum. Nvidia stock approaches record territory
• Negative Sentiment: Investors are debating NVIDIA’s financing arrangements for AI customers, which critics describe as potentially circular. Concerns about customer credit quality and overinvestment could increase volatility if AI infrastructure spending slows. Nvidia’s bet that its chips can finance the AI boom
• Negative Sentiment: China’s efforts to develop software for Huawei’s competing AI chips and the broader risk of hyperscaler CapEx fatigue remain longer-term threats to NVIDIA’s market share and valuation.

NVIDIA Company Profile

NVIDIA Corporation is a technology company that designs accelerated computing platforms, graphics processing units (GPUs), central processing units (CPUs), networking products and related software. Its technologies are used in artificial intelligence, data centers, scientific and technical computing, gaming, professional visualization, automotive systems and robotics.

The company's products include GeForce GPUs and gaming software, data center computing platforms, networking solutions, and enterprise software for AI development and deployment.

This instant news alert was generated by narrative science technology and financial data from MarketBeat in order to provide readers with the fastest reporting and unbiased coverage. Please send any questions or comments about this story to contact@marketbeat.com.