NVIDIA Corporation $NVDA is State of Wyoming’s 3rd Largest Position

State of Wyoming raised its position in NVIDIA Corporation (NASDAQ:NVDA) by 1.0% during the second quarter, HoldingsChannel.com reports. The firm owned 76,299 shares of the computer hardware maker’s stock after buying an additional 726 shares during the quarter. NVIDIA comprises 1.5% of State of Wyoming’s investment portfolio, making the stock its 3rd biggest position. State of Wyoming’s holdings in NVIDIA were worth $12,054,000 at the end of the most recent quarter.

A number of other institutional investors have also modified their holdings of NVDA. Asset Dedication LLC raised its holdings in NVIDIA by 2.1% in the second quarter. Asset Dedication LLC now owns 114,756 shares of the computer hardware maker’s stock valued at $18,130,000 after buying an additional 2,331 shares during the period. Capital Impact Advisors LLC raised its stake in shares of NVIDIA by 9.8% in the 2nd quarter. Capital Impact Advisors LLC now owns 145,041 shares of the computer hardware maker’s stock valued at $23,142,000 after acquiring an additional 12,971 shares during the period. Old North State Trust LLC lifted its holdings in shares of NVIDIA by 2.9% during the 2nd quarter. Old North State Trust LLC now owns 46,963 shares of the computer hardware maker’s stock valued at $7,420,000 after acquiring an additional 1,322 shares in the last quarter. Tactive Advisors LLC purchased a new stake in NVIDIA during the 2nd quarter worth $8,687,000. Finally, Geneos Wealth Management Inc. increased its holdings in NVIDIA by 9.8% in the 2nd quarter. Geneos Wealth Management Inc. now owns 259,898 shares of the computer hardware maker’s stock valued at $41,061,000 after purchasing an additional 23,097 shares in the last quarter. Hedge funds and other institutional investors own 65.27% of the company’s stock.

NVIDIA Stock Down 1.1%

Shares of NASDAQ:NVDA opened at $185.54 on Tuesday. The firm has a market cap of $4.51 trillion, a PE ratio of 52.86, a price-to-earnings-growth ratio of 1.36 and a beta of 2.12. The company has a fifty day simple moving average of $178.29 and a 200 day simple moving average of $149.05. The company has a current ratio of 4.21, a quick ratio of 3.60 and a debt-to-equity ratio of 0.08. NVIDIA Corporation has a 12-month low of $86.62 and a 12-month high of $191.05.

NVIDIA (NASDAQ:NVDA) last announced its quarterly earnings data on Wednesday, August 27th. The computer hardware maker reported $1.05 earnings per share for the quarter, topping the consensus estimate of $1.01 by $0.04. The company had revenue of $46.74 billion during the quarter, compared to analyst estimates of $45.65 billion. NVIDIA had a net margin of 52.41% and a return on equity of 101.74%. The firm’s revenue for the quarter was up 55.6% compared to the same quarter last year. During the same period last year, the business earned $0.68 EPS. NVIDIA has set its Q3 2026 guidance at EPS. On average, equities research analysts anticipate that NVIDIA Corporation will post 2.77 EPS for the current fiscal year.

NVIDIA Dividend Announcement

The company also recently disclosed a quarterly dividend, which was paid on Thursday, October 2nd. Shareholders of record on Thursday, September 11th were paid a dividend of $0.01 per share. The ex-dividend date was Thursday, September 11th. This represents a $0.04 annualized dividend and a yield of 0.0%. NVIDIA’s dividend payout ratio is presently 1.14%.

Insiders Place Their Bets

In other NVIDIA news, CEO Jen Hsun Huang sold 75,000 shares of the business’s stock in a transaction on Friday, July 18th. The shares were sold at an average price of $172.52, for a total transaction of $12,939,000.00. Following the completion of the sale, the chief executive officer owned 74,348,225 shares in the company, valued at $12,826,555,777. The trade was a 0.10% decrease in their ownership of the stock. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is available at this link. Also, Director Harvey C. Jones sold 250,000 shares of the firm’s stock in a transaction dated Thursday, September 18th. The stock was sold at an average price of $176.21, for a total transaction of $44,052,500.00. Following the completion of the transaction, the director owned 7,183,280 shares in the company, 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. Insiders have sold a total of 3,921,593 shares of company stock valued at $686,502,137 in the last quarter. Insiders own 4.17% of the company’s stock.

Wall Street Analysts Forecast Growth

Several brokerages have recently weighed in on NVDA. Wolfe Research upped their target price on NVIDIA from $220.00 to $230.00 in a research report on Tuesday, September 23rd. TD Cowen upped their price target on NVIDIA from $140.00 to $235.00 and gave the stock a “buy” rating in a report on Tuesday, August 19th. Wells Fargo & Company increased their price objective on shares of NVIDIA from $185.00 to $220.00 and gave the company an “overweight” rating in a research report on Monday, August 11th. The Goldman Sachs Group set a $210.00 target price on shares of NVIDIA and gave the stock a “buy” rating in a research report on Monday. Finally, Loop Capital upped their target price on shares of NVIDIA from $175.00 to $250.00 and gave the company a “buy” rating in a research note on Wednesday, June 25th. Four equities research analysts have rated the stock with a Strong Buy rating, thirty-seven have assigned a Buy rating, four have given a Hold rating and one has given a Sell rating to the company. Based on data from MarketBeat.com, NVIDIA has a consensus rating of “Moderate Buy” and a consensus target price of $211.26.

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.