NVIDIA Corporation $NVDA Shares Purchased by Cornell Pochily Investment Advisors Inc.

Cornell Pochily Investment Advisors Inc. raised its stake in NVIDIA Corporation (NASDAQ:NVDA) by 0.5% in the second quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission. The firm owned 101,471 shares of the computer hardware maker’s stock after acquiring an additional 519 shares during the quarter. NVIDIA makes up approximately 5.2% of Cornell Pochily Investment Advisors Inc.’s investment portfolio, making the stock its 2nd largest position. Cornell Pochily Investment Advisors Inc.’s holdings in NVIDIA were worth $16,031,000 at the end of the most recent reporting period.

Other large investors also recently bought and sold shares of the company. Legend Financial Advisors Inc. acquired a new position in NVIDIA in the second quarter valued at approximately $55,000. Kathleen S. Wright Associates Inc. raised its stake in shares of NVIDIA by 169.3% during the 1st quarter. Kathleen S. Wright Associates Inc. now owns 404 shares of the computer hardware maker’s stock worth $44,000 after buying an additional 254 shares during the period. Westend Capital Management LLC raised its stake in shares of NVIDIA by 46.8% during the 2nd quarter. Westend Capital Management LLC now owns 455 shares of the computer hardware maker’s stock worth $72,000 after buying an additional 145 shares during the period. Barnes Dennig Private Wealth Management LLC acquired a new position in shares of NVIDIA during the 1st quarter worth approximately $51,000. Finally, Bruce G. Allen Investments LLC raised its stake in shares of NVIDIA by 198.2% during the 1st quarter. Bruce G. Allen Investments LLC now owns 492 shares of the computer hardware maker’s stock worth $53,000 after buying an additional 327 shares during the period. 65.27% of the stock is owned by institutional investors and hedge funds.

Insider Transactions at NVIDIA

In other news, Director Harvey C. Jones sold 250,000 shares of the stock in a transaction on 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 directly owned 7,183,280 shares in the company, valued at approximately $1,265,765,768.80. This represents a 3.36% decrease in their position. The transaction was disclosed in a document filed with the SEC, which can be accessed through this hyperlink. Also, Director Mark A. Stevens sold 350,000 shares of the stock in a transaction on Friday, September 19th. The stock was sold at an average price of $176.39, for a total value of $61,736,500.00. Following the transaction, the director owned 7,399,803 shares of the company’s stock, valued at approximately $1,305,251,251.17. This represents a 4.52% decrease in their ownership of the stock. The disclosure for this sale can be found here. In the last ninety days, insiders sold 3,678,937 shares of company stock worth $654,837,526. 4.17% of the stock is currently owned by company insiders.

Wall Street Analysts Forecast Growth

Several research analysts have recently weighed in on NVDA shares. Truist Financial upped their target price on NVIDIA from $210.00 to $228.00 and gave the stock a “buy” rating in a research note on Thursday, August 28th. Wells Fargo & Company upped their target price on NVIDIA from $185.00 to $220.00 and gave the stock an “overweight” rating in a research note on Monday, August 11th. HSBC set a $320.00 price target on NVIDIA and gave the stock a “buy” rating in a research report on Wednesday. Hsbc Global Res upgraded NVIDIA from a “hold” rating to a “strong-buy” rating in a research report on Wednesday, October 15th. Finally, TD Cowen boosted their price target on NVIDIA from $140.00 to $235.00 and gave the stock a “buy” rating in a research report on Tuesday, August 19th. Five investment analysts have rated the stock with a Strong Buy rating, thirty-nine have assigned a Buy rating, two have assigned a Hold rating and one has given a Sell rating to the stock. According to data from MarketBeat, the company presently has a consensus rating of “Buy” and an average price target of $222.23.

NVIDIA Stock Up 0.8%

Shares of NASDAQ:NVDA opened at $183.22 on Monday. 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 business has a fifty day moving average of $179.40 and a two-hundred day moving average of $153.63. The stock has a market cap of $4.45 trillion, a P/E ratio of 52.20, a PEG ratio of 1.32 and a beta of 2.12. NVIDIA Corporation has a 52-week low of $86.62 and a 52-week high of $195.62.

NVIDIA (NASDAQ:NVDA) last issued its earnings results on Wednesday, August 27th. The computer hardware maker reported $1.05 earnings per share (EPS) 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 analysts’ expectations of $45.65 billion. NVIDIA had a return on equity of 101.74% and a net margin of 52.41%.The firm’s quarterly revenue was up 55.6% on a year-over-year basis. During the same period in the prior year, the business earned $0.68 EPS. NVIDIA has set its Q3 2026 guidance at EPS. On average, research analysts expect that NVIDIA Corporation will post 2.77 earnings per share for the current year.

NVIDIA Dividend Announcement

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

About NVIDIA

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.