OLD Second National Bank of Aurora Sells 4,898 Shares of NVIDIA Corporation $NVDA

OLD Second National Bank of Aurora lessened its holdings in shares of NVIDIA Corporation (NASDAQ:NVDA) by 3.6% during the second quarter, according to the company in its most recent Form 13F filing with the SEC. The firm owned 132,783 shares of the computer hardware maker’s stock after selling 4,898 shares during the period. NVIDIA accounts for 4.6% of OLD Second National Bank of Aurora’s holdings, making the stock its 3rd biggest holding. OLD Second National Bank of Aurora’s holdings in NVIDIA were worth $20,978,000 as of its most recent SEC filing.

A number of other hedge funds also recently modified their holdings of the business. Investment Planning Advisors Inc. lifted its holdings in shares of NVIDIA by 14.4% during the second quarter. Investment Planning Advisors Inc. now owns 2,712 shares of the computer hardware maker’s stock worth $429,000 after purchasing an additional 342 shares during the period. Triad Wealth Partners LLC lifted its holdings in shares of NVIDIA by 56.9% during the second quarter. Triad Wealth Partners LLC now owns 46,888 shares of the computer hardware maker’s stock worth $7,408,000 after purchasing an additional 17,000 shares during the period. Red Mountain Financial LLC lifted its holdings in shares of NVIDIA by 18.8% during the second quarter. Red Mountain Financial LLC now owns 27,078 shares of the computer hardware maker’s stock worth $4,278,000 after purchasing an additional 4,288 shares during the period. Cornell Pochily Investment Advisors Inc. lifted its holdings in NVIDIA by 0.5% in the second quarter. Cornell Pochily Investment Advisors Inc. now owns 101,471 shares of the computer hardware maker’s stock valued at $16,031,000 after buying an additional 519 shares during the period. Finally, J. Safra Sarasin Holding AG lifted its holdings in NVIDIA by 5.3% in the second quarter. J. Safra Sarasin Holding AG now owns 1,654,105 shares of the computer hardware maker’s stock valued at $261,292,000 after buying an additional 83,248 shares during the period. Institutional investors and hedge funds own 65.27% of the company’s stock.

NVIDIA Price Performance

Shares of NASDAQ NVDA opened at $183.22 on Monday. The firm’s 50-day moving average price is $179.40 and its 200-day moving average price is $153.63. NVIDIA Corporation has a 1-year low of $86.62 and a 1-year high of $195.62. The firm has a market capitalization of $4.45 trillion, a P/E ratio of 52.20, a P/E/G ratio of 1.32 and a beta of 2.12. 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 (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, beating the consensus estimate of $1.01 by $0.04. NVIDIA had a net margin of 52.41% and a return on equity of 101.74%. The firm had revenue of $46.74 billion for the quarter, compared to analyst estimates of $45.65 billion. During the same quarter in the prior year, the business earned $0.68 earnings per share. The business’s quarterly revenue was up 55.6% compared to the same quarter last year. 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 Dividend Announcement

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

Insider Buying and Selling at NVIDIA

In related news, CEO Jen Hsun Huang sold 75,000 shares of the company’s stock in a transaction dated 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 sale, the chief executive officer owned 70,333,203 shares in the company, valued at $12,731,013,075.03. This represents a 0.11% decrease in their position. The transaction was disclosed in a legal filing with the SEC, which is available at this link. In the last quarter, insiders have sold 3,678,937 shares of company stock valued at $654,837,526. Corporate insiders own 4.17% of the company’s stock.

Wall Street Analyst Weigh In

Several equities analysts recently issued reports on NVDA shares. Benchmark boosted their target price on shares of NVIDIA from $190.00 to $220.00 and gave the company a “buy” rating in a report on Thursday, August 28th. Daiwa Capital Markets boosted their target price on shares of NVIDIA from $165.00 to $205.00 and gave the company an “outperform” rating in a report on Wednesday, September 17th. DA Davidson upgraded shares of NVIDIA from a “neutral” rating to a “buy” rating and boosted their target price for the company from $195.00 to $210.00 in a report on Thursday, September 11th. Sanford C. Bernstein restated a “buy” rating on shares of NVIDIA in a report on Tuesday, September 23rd. Finally, JPMorgan Chase & Co. restated a “buy” rating and issued a $215.00 target price on shares of NVIDIA in a report on Friday, September 19th. Five research 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 issued a Sell rating to the company. According to data from MarketBeat.com, the company currently has a consensus rating of “Buy” and an average price target of $222.23.

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.