NVIDIA Corporation $NVDA Shares Purchased by Trust Co. of Oklahoma

Key Points

• Trust Co. of Oklahoma has increased its NVIDIA shareholding by 41.7% during the second quarter, owning 23,773 shares valued at approximately $3.76 million.
• Several institutional investors have also significantly adjusted their positions in NVIDIA, with Copia Wealth Management and Campbell Capital Management making notable new investments, raising the total institutional ownership to 65.27%.
• NVIDIA has reported a strong quarterly performance, with EPS of $1.05 exceeding expectations, and is projected to have a price target of around $208.47 from analysts.

Trust Co. of Oklahoma boosted its holdings in shares of NVIDIA Corporation (NASDAQ:NVDA - Free Report) by 41.7% during the second quarter, according to its most recent disclosure with the Securities and Exchange Commission. The institutional investor owned 23,773 shares of the computer hardware maker's stock after purchasing an additional 6,998 shares during the quarter. NVIDIA makes up 1.2% of Trust Co. of Oklahoma's holdings, making the stock its 18th largest position. Trust Co. of Oklahoma's holdings in NVIDIA were worth $3,756,000 as of its most recent SEC filing.

Other hedge funds also recently bought and sold shares of the company. Burkett Financial Services LLC boosted its holdings in NVIDIA by 1.3% in the second quarter. Burkett Financial Services LLC now owns 5,450 shares of the computer hardware maker's stock valued at $861,000 after purchasing an additional 70 shares during the period. Elevate Wealth Advisory Inc. increased its position in NVIDIA by 1.7% in the 1st quarter. Elevate Wealth Advisory Inc. now owns 4,617 shares of the computer hardware maker's stock valued at $500,000 after acquiring an additional 77 shares during the period. Earnest Partners LLC boosted its holdings in NVIDIA by 0.7% in the 1st quarter. Earnest Partners LLC now owns 11,334 shares of the computer hardware maker's stock valued at $1,228,000 after purchasing an additional 81 shares in the last quarter. Retirement Wealth Solutions LLC boosted its holdings in NVIDIA by 2.0% in the 2nd quarter. Retirement Wealth Solutions LLC now owns 4,172 shares of the computer hardware maker's stock valued at $659,000 after purchasing an additional 81 shares in the last quarter. Finally, High Note Wealth LLC boosted its holdings in NVIDIA by 0.5% in the 1st quarter. High Note Wealth LLC now owns 17,873 shares of the computer hardware maker's stock valued at $1,937,000 after purchasing an additional 91 shares in the last quarter. Hedge funds and other institutional investors own 65.27% of the company's stock.

NVIDIA Stock Up 0.2%

Shares of NVIDIA stock traded up $0.43 during trading hours on Friday, hitting $176.67. 236,580,653 shares of the company's stock traded hands, compared to its average volume of 177,120,144. The stock has a 50 day simple moving average of $175.73 and a 200-day simple moving average of $143.44. The company has a quick ratio of 3.60, a current ratio of 4.21 and a debt-to-equity ratio of 0.08. The company has a market cap of $4.29 trillion, a PE ratio of 50.33, a PEG ratio of 1.27 and a beta of 2.10. NVIDIA Corporation has a twelve month low of $86.62 and a twelve month high of $184.48.

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 the consensus estimate of $1.01 by $0.04. The company had revenue of $46.74 billion during the quarter, compared to the consensus estimate of $45.65 billion. NVIDIA had a return on equity of 101.74% and a net margin of 52.41%.The company's revenue was up 55.6% on a year-over-year basis. During the same period last year, the firm earned $0.68 earnings per share. NVIDIA has set its Q3 2026 guidance at EPS. Equities research analysts anticipate that NVIDIA Corporation will post 2.77 earnings per share for the current fiscal year.

NVIDIA Announces Dividend

The business also recently declared a quarterly dividend, which will be paid on Thursday, October 2nd. Stockholders 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 presently 1.14%.

Insider Transactions at NVIDIA

In other news, Director Mark A. Stevens sold 297,797 shares of the stock in a transaction dated Friday, September 12th. The shares were sold at an average price of $178.19, for a total transaction of $53,064,447.43. Following the transaction, the director owned 7,749,803 shares of the company's stock, valued at approximately $1,380,937,396.57. This trade represents a 3.70% decrease in their ownership of the stock. The sale was disclosed in a document filed with the SEC, which is accessible through this hyperlink. Also, EVP Ajay K. Puri sold 168,195 shares of the firm's stock in a transaction dated Wednesday, June 25th. The stock was sold at an average price of $152.64, for a total transaction of $25,673,284.80. Following the completion of the transaction, the executive vice president directly owned 4,018,547 shares in the company, valued at $613,391,014.08. This represents a 4.02% decrease in their position. The disclosure for this sale can be found here. Over the last 90 days, insiders have sold 4,020,022 shares of company stock valued at $677,418,500. Insiders own 4.17% of the company's stock.

Analyst Upgrades and Downgrades

Several equities research analysts have recently commented on the company. Robert W. Baird boosted their price target on NVIDIA from $195.00 to $225.00 and gave the stock an "outperform" rating in a research note on Monday, August 25th. Truist Financial boosted their price target on NVIDIA from $210.00 to $228.00 and gave the stock a "buy" rating in a research note on Thursday, August 28th. Summit Insights raised NVIDIA from a "hold" rating to a "buy" rating in a research note on Thursday, May 29th. Stifel Nicolaus upped their target price on NVIDIA from $202.00 to $212.00 and gave the company a "buy" rating in a research note on Monday, August 25th. Finally, Oppenheimer reaffirmed an "outperform" rating and issued a $225.00 target price (up previously from $200.00) on shares of NVIDIA in a research note on Thursday, August 28th. Four investment analysts have rated the stock with a Strong Buy rating, thirty-six have assigned a Buy rating, four have given a Hold rating and one has issued a Sell rating to the company. According to MarketBeat, NVIDIA has an average rating of "Moderate Buy" and a consensus price target of $208.47.

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.