River Street Advisors LLC Acquires 2,278 Shares of NVIDIA Corporation $NVDA

River Street Advisors LLC grew its holdings in shares of NVIDIA Corporation (NASDAQ:NVDA) by 4.2% during the second quarter, according to its most recent Form 13F filing with the SEC. The firm owned 57,018 shares of the computer hardware maker’s stock after purchasing an additional 2,278 shares during the period. NVIDIA accounts for 3.9% of River Street Advisors LLC’s portfolio, making the stock its 3rd biggest position. River Street Advisors LLC’s holdings in NVIDIA were worth $9,008,000 as of its most recent SEC filing.

A number of other institutional investors and hedge funds also recently modified their holdings of the business. Pachira Investments Inc. raised its holdings in shares of NVIDIA by 1.0% during the second quarter. Pachira Investments Inc. now owns 6,450 shares of the computer hardware maker’s stock worth $1,019,000 after purchasing an additional 63 shares during the period. HFG Wealth Management LLC grew its position in shares of NVIDIA by 3.4% during the second quarter. HFG Wealth Management LLC now owns 2,075 shares of the computer hardware maker’s stock worth $328,000 after acquiring an additional 68 shares during the last quarter. Hidden Cove Wealth Management LLC grew its position in shares of NVIDIA by 0.3% during the second quarter. Hidden Cove Wealth Management LLC now owns 23,778 shares of the computer hardware maker’s stock worth $3,757,000 after acquiring an additional 69 shares during the last quarter. Summit Financial Strategies Inc. grew its position in shares of NVIDIA by 0.6% during the second quarter. Summit Financial Strategies Inc. now owns 11,637 shares of the computer hardware maker’s stock worth $1,839,000 after acquiring an additional 69 shares during the last quarter. Finally, Burkett Financial Services LLC grew its position in shares of NVIDIA by 1.3% during the second quarter. Burkett Financial Services LLC now owns 5,450 shares of the computer hardware maker’s stock worth $861,000 after acquiring an additional 70 shares during the last quarter. 65.27% of the stock is owned by institutional investors and hedge funds.

NVIDIA Price Performance

NVDA stock opened at $183.22 on Monday. 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 one year low of $86.62 and a one year high of $195.62. The firm has a market capitalization of $4.45 trillion, a PE ratio of 52.20, a P/E/G ratio of 1.32 and a beta of 2.12. The firm has a 50-day moving average of $179.40 and a two-hundred day moving average of $153.63.

NVIDIA (NASDAQ:NVDA) last posted its quarterly earnings data on Wednesday, August 27th. The computer hardware maker reported $1.05 EPS for the quarter, beating analysts’ consensus estimates of $1.01 by $0.04. NVIDIA had a net margin of 52.41% and a return on equity of 101.74%. The company had revenue of $46.74 billion during the quarter, compared to analyst estimates of $45.65 billion. During the same period in the prior year, the firm earned $0.68 earnings per share. The business’s quarterly revenue was up 55.6% on a year-over-year basis. NVIDIA has set its Q3 2026 guidance at EPS. On average, analysts forecast that NVIDIA Corporation will post 2.77 earnings per share for the current 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 of this dividend was Thursday, September 11th. This represents a $0.04 dividend on an annualized basis and a yield of 0.0%. NVIDIA’s dividend payout ratio is currently 1.14%.

Analysts Set New Price Targets

Several research firms have recently commented on NVDA. Cantor Fitzgerald set a $300.00 price target on shares of NVIDIA and gave the stock an “overweight” rating in a research report on Thursday, October 9th. Citigroup restated a “buy” rating and set a $210.00 price target (up previously from $200.00) on shares of NVIDIA in a research report on Tuesday, September 30th. Mizuho increased their target price on shares of NVIDIA from $205.00 to $225.00 and gave the company an “outperform” rating in a research report on Monday, October 13th. TD Cowen increased their target price on shares of NVIDIA from $140.00 to $235.00 and gave the company a “buy” rating in a research report on Tuesday, August 19th. Finally, Benchmark upped their price target on shares of NVIDIA from $190.00 to $220.00 and gave the company a “buy” rating in a report on Thursday, August 28th. Five analysts have rated the stock with a Strong Buy rating, thirty-nine have given a Buy rating, two have assigned a Hold rating and one has given a Sell rating to the company. According to data from MarketBeat.com, the company presently has a consensus rating of “Buy” and a consensus target price of $222.23.

Insider Activity

In other news, CEO Jen Hsun Huang sold 75,000 shares of the stock in a transaction that occurred on Wednesday, October 15th. The shares were sold at an average price of $181.01, for a total value of $13,575,750.00. Following the completion of the sale, the chief executive officer directly owned 70,333,203 shares of the company’s stock, valued at $12,731,013,075.03. This represents a 0.11% decrease in their ownership of the stock. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which can be accessed through this link. Insiders have sold 3,678,937 shares of company stock valued at $654,837,526 over the last ninety days. 4.17% of the stock is owned by corporate insiders.

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.