Ledyard National Bank Has $6.38 Million Stock Holdings in NVIDIA Corporation $NVDA

Ledyard National Bank grew its stake in shares of NVIDIA Corporation (NASDAQ:NVDA) by 15.1% in the second quarter, according to the company in its most recent filing with the SEC. The firm owned 31,887 shares of the computer hardware maker’s stock after acquiring an additional 4,183 shares during the quarter. Ledyard National Bank’s holdings in NVIDIA were worth $6,380,000 as of its most recent SEC filing.

Several other large investors also recently modified their holdings of the stock. Lifetime Wealth Management P.C. acquired a new stake in NVIDIA during the fourth quarter worth about $26,000. Longview Financial Advisors Inc. bought a new position in NVIDIA in the 1st quarter valued at about $27,000. Longfellow Investment Management Co. LLC raised its position in shares of NVIDIA by 47.9% in the 2nd quarter. Longfellow Investment Management Co. LLC now owns 207 shares of the computer hardware maker’s stock valued at $33,000 after buying an additional 67 shares in the last quarter. Phillip James Consulting Co. acquired a new position in shares of NVIDIA in the 1st quarter valued at approximately $40,000. Finally, Inspire Investing LLC bought a new stake in shares of NVIDIA during the 4th quarter worth approximately $44,000. 65.27% of the stock is owned by institutional investors and hedge funds.

Key Stories Impacting NVIDIA

Here are the key news stories impacting NVIDIA this week:

• Positive Sentiment: AI demand remains exceptionally strong. NVIDIA’s recent results showed revenue of approximately $96.2 billion, up 105.9% year over year, while management reportedly sees roughly 70% revenue growth in fiscal 2028. Analysts and investors continue to view the Vera Rubin platform and sustained hyperscaler spending as important long-term catalysts. Nvidia: Unstoppable Momentum As Vera Rubin Platform Takes Off
• Positive Sentiment: NVIDIA is expanding its platform and defending against custom chips. The company’s approximately $3.5 billion convertible-bond investment in MediaTek will support NVLink Fusion and extend NVIDIA technology into custom AI infrastructure, edge computing, PCs and automotive applications. The strategy could keep customers tied to NVIDIA’s networking and CUDA ecosystems as hyperscalers develop proprietary accelerators. Qualcomm rival MediaTek jumps 10% after $3.5 billion Nvidia AI chip deal
• Positive Sentiment: Additional ecosystem demand supports the growth narrative. Anthropic reportedly agreed to a $35 billion cloud-computing deal with NVIDIA-backed Lambda, while NVIDIA-backed SB Energy filed for an IPO. These developments reinforce demand for AI compute and data-center infrastructure, although they also raise questions about interconnected financing. Anthropic signs $35 billion cloud deal with Nvidia-backed Lambda
• Neutral Sentiment: Growth is shifting toward infrastructure bottlenecks. Reports highlight tight supply in memory, optical networking, power and cooling equipment. This validates AI expansion but may redirect some profit to suppliers and make NVIDIA’s own component costs higher. Not just Nvidia: these power and cooling firms are riding the trillion-dollar data centre boom
• Negative Sentiment: Margin and financing concerns are weighing on sentiment. NVIDIA expects higher supply costs to pressure gross margins, while reports that it paused parts of an AI-cloud financing program have revived concerns about circular transactions, credit risk and possible antitrust scrutiny. Nvidia’s Latest ‘Circular’ Deal Might Be Its Most Confusing Yet
• Negative Sentiment: Macro conditions are pressuring high-growth technology stocks. A global bond selloff, higher long-term Treasury yields, expectations of tighter Federal Reserve policy and traditionally weak September seasonality are encouraging investors to reduce exposure to richly valued semiconductor shares. Semiconductor Stocks Slide as Global Bond Selloff Lifts Yields

Insiders Place Their Bets

In related news, Director Mark A. Stevens sold 885,000 shares of the business’s stock in a transaction on Thursday, June 18th. The stock was sold at an average price of $210.17, for a total transaction of $186,000,450.00. Following the sale, the director owned 5,207,271 shares in the company, valued at $1,094,412,146.07. The trade was a 14.53% decrease in their position. The sale was disclosed in a legal filing with the SEC, which is available at this hyperlink. 3.94% of the stock is owned by corporate insiders.

NVIDIA Price Performance

Shares of NASDAQ:NVDA opened at $217.44 on Wednesday. The company has a market cap of $5.24 trillion, a price-to-earnings ratio of 27.49, a PEG ratio of 1.73 and a beta of 2.22. The company has a debt-to-equity ratio of 0.14, a current ratio of 4.59 and a quick ratio of 3.85. The firm has a 50 day simple moving average of $208.68 and a 200 day simple moving average of $201.27. NVIDIA Corporation has a one year low of $164.07 and a one year high of $236.54.

NVIDIA (NASDAQ:NVDA) last issued its earnings results on Wednesday, August 26th. The computer hardware maker reported $2.22 earnings per share for the quarter, beating analysts’ consensus estimates of $2.09 by $0.13. The firm had revenue of $96.22 billion for the quarter, compared to analyst estimates of $92.27 billion. NVIDIA had a net margin of 63.66% and a return on equity of 96.04%. The company’s quarterly revenue was up 105.9% on a year-over-year basis. During the same quarter last year, the business posted $1.05 earnings per share. Research analysts predict that NVIDIA Corporation will post 9.1 earnings per share for the current fiscal year.

NVIDIA announced that its board has authorized a stock buyback program on Wednesday, May 20th that permits the company to buyback $80.00 billion in outstanding shares. This buyback authorization permits the computer hardware maker to repurchase up to 1.5% of its stock through open market purchases. Stock buyback programs are usually an indication that the company’s management believes its stock is undervalued.

NVIDIA Announces Dividend

The company also recently disclosed a quarterly dividend, which will be paid on Thursday, October 1st. Investors of record on Thursday, September 10th will be issued a dividend of $0.25 per share. The ex-dividend date of this dividend is Thursday, September 10th. This represents a $1.00 annualized dividend and a dividend yield of 0.5%. NVIDIA’s dividend payout ratio (DPR) is 12.64%.

Analysts Set New Price Targets

Several research firms recently issued reports on NVDA. Zacks Research lowered shares of NVIDIA from a “strong-buy” rating to a “hold” rating in a research report on Friday, August 21st. Royal Bank Of Canada upped their target price on NVIDIA from $300.00 to $330.00 and gave the stock an “outperform” rating in a research note on Thursday, August 27th. BNP Paribas Exane raised their target price on NVIDIA from $270.00 to $285.00 and gave the company an “outperform” rating in a report on Thursday, May 21st. Phillip Securities lifted their price target on NVIDIA from $285.00 to $300.00 and gave the company a “buy” rating in a research note on Monday. Finally, Rothschild & Co Redburn lifted their price target on NVIDIA from $300.00 to $325.00 in a research note on Thursday, August 27th. Two research analysts have rated the stock with a Strong Buy rating, fifty have issued a Buy rating and three have given a Hold rating to the company’s stock. According to MarketBeat.com, NVIDIA presently has a consensus rating of “Moderate Buy” and an average target price of $324.23.

NVIDIA Profile

NVIDIA Corporation, founded in 1993 and headquartered in Santa Clara, California, is a global technology company that designs and develops graphics processing units (GPUs) and system-on-chip (SoC) technologies. Co-founded by Jensen Huang, who serves as president and chief executive officer, along with Chris Malachowsky and Curtis Priem, NVIDIA has grown from a graphics-focused chipmaker into a broad provider of accelerated computing hardware and software for multiple industries.

The company’s product portfolio spans discrete GPUs for gaming and professional visualization (marketed under the GeForce and NVIDIA RTX lines), high-performance data center accelerators used for AI training and inference (including widely adopted platforms such as the A100 and H100 series), and Tegra SoCs for automotive and edge applications.