NVIDIA Corporation $NVDA Stock Acquired by Dakota Community Bank & Trust NA

Dakota Community Bank & Trust NA grew its stake in shares of NVIDIA Corporation (NASDAQ:NVDA) by 47.9% in the third quarter, according to the company in its most recent Form 13F filing with the SEC. The firm owned 9,321 shares of the computer hardware maker’s stock after purchasing an additional 3,018 shares during the quarter. NVIDIA makes up approximately 5.5% of Dakota Community Bank & Trust NA’s portfolio, making the stock its 4th biggest position. Dakota Community Bank & Trust NA’s holdings in NVIDIA were worth $2,129,000 at the end of the most recent reporting period.

A number of other institutional investors have also recently made changes to their positions in NVDA. Montgomery Financial Services LLC bought a new position in shares of NVIDIA during the second quarter valued at approximately $28,000. Phillip James Consulting Co. bought a new position in NVIDIA during the 1st quarter valued at approximately $40,000. Bard Associates Inc. raised its position in shares of NVIDIA by 8,866.7% in the 2nd quarter. Bard Associates Inc. now owns 269 shares of the computer hardware maker’s stock worth $54,000 after purchasing an additional 266 shares during the last quarter. Frankly Finances LLC bought a new stake in NVIDIA during the 2nd quarter valued at about $60,000. Finally, ABS Investment Management LLC purchased a new position in NVIDIA in the second quarter worth about $80,000. Hedge funds and other institutional investors own 65.27% of the company’s stock.

NVIDIA Stock Down 4.2%

NVDA stock opened at $204.64 on Friday. The company has a market cap of $4.93 trillion, a price-to-earnings ratio of 25.87, a P/E/G ratio of 1.57 and a beta of 2.22. The company has a debt-to-equity ratio of 0.14, a quick ratio of 3.85 and a current ratio of 4.59. The business’s 50-day moving average is $221.74 and its two-hundred day moving average is $204.24. NVIDIA Corporation has a fifty-two week low of $164.27 and a fifty-two week high of $243.37.

NVIDIA (NASDAQ:NVDA) last issued its quarterly earnings data on Wednesday, August 26th. The computer hardware maker reported $2.22 earnings per share for the quarter, topping the consensus estimate of $2.09 by $0.13. The firm had revenue of $96.22 billion for the quarter, compared to analysts’ expectations of $92.27 billion. NVIDIA had a net margin of 63.66% and a return on equity of 96.04%. The business’s quarterly revenue was up 105.9% on a year-over-year basis. During the same quarter in the prior year, the business earned $1.05 EPS. As a group, analysts forecast that NVIDIA Corporation will post 9.30 earnings per share for the current year.

NVIDIA declared that its Board of Directors has approved a share buyback plan on Monday, September 28th that allows the company to repurchase $150 billion in outstanding shares. This repurchase authorization allows the computer hardware maker to buy up to 2.8% of its stock through open market purchases. Share repurchase plans are often a sign that the company’s leadership believes its stock is undervalued.

NVIDIA Dividend Announcement

The business also recently disclosed a quarterly dividend, which was paid on Thursday, October 1st. Stockholders of record on Thursday, September 10th were paid a $0.25 dividend. This represents a $1.00 annualized dividend and a dividend yield of 0.5%. The ex-dividend date was Thursday, September 10th. NVIDIA’s dividend payout ratio is 12.64%.

Insider Buying and Selling at NVIDIA

In other news, Director Mark A. Stevens sold 622,239 shares of the stock in a transaction that occurred on Friday, September 4th. The stock was sold at an average price of $231.62, for a total transaction of $144,122,997.18. Following the completion of the transaction, the director directly owned 2,336,531 shares in the company, valued at approximately $541,187,310.22. This represents a 21.03% decrease in their position. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which can be accessed through the SEC website. Also, CFO Colette Kress sold 34,918 shares of the company’s stock in a transaction on Thursday, September 17th. The shares were sold at an average price of $219.05, for a total transaction of $7,648,787.90. Following the sale, the chief financial officer directly owned 765,103 shares in the company, valued at approximately $167,595,812.15. The trade was a 4.36% decrease in their position. The SEC filing for this sale provides additional information. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Insiders have sold 1,766,118 shares of company stock valued at $399,450,353 over the last 90 days. 3.94% of the stock is currently owned by corporate insiders.

Key Stories Impacting NVIDIA

Here are the key news stories impacting NVIDIA this week:

• Positive Sentiment: NVIDIA’s strong earnings, expanding margins and outlook for roughly 70% revenue growth in fiscal 2028 continue to support the bullish case. Analysts argue that AI demand remains supply-constrained and that the company’s latest guidance exceeded expectations. NVIDIA’s AI Dominance Could Have Further to Run
• Positive Sentiment: The company is broadening its role beyond GPUs by offering complete AI-factory architectures, networking, software and edge systems. Expanded collaborations with Microsoft, Meta, Oracle and other partners could increase NVIDIA’s share of customers’ overall AI infrastructure budgets. How AI Factory Expansion Will Impact NVIDIA Investors
• Positive Sentiment: Commentary highlighting AI demand, pricing power and NVIDIA’s strategic investments in networking, software and AI companies provides potential long-term catalysts. Wall Street analyst sentiment remains broadly favorable despite the recent correction. NVIDIA Stock: Analyst Estimates and Ratings

Wall Street Analyst Weigh In

Several research analysts have recently issued reports on the stock. KeyCorp reiterated an “overweight” rating and issued a $330.00 target price on shares of NVIDIA in a research note on Monday, August 24th. Sanford C. Bernstein reissued a “buy” rating on shares of NVIDIA in a research report on Monday, September 21st. Weiss Ratings upgraded shares of NVIDIA from a “buy (b)” rating to a “buy (b+)” rating in a report on Friday, October 16th. JPMorgan Chase & Co. upped their price objective on NVIDIA from $280.00 to $320.00 and gave the company an “overweight” rating in a research report on Thursday, August 27th. Finally, Morgan Stanley set a $230.00 target price on NVIDIA in a research note on Friday, October 2nd. Five equities research analysts have rated the stock with a Strong Buy rating, forty-nine have given a Buy rating and one has given a Hold rating to the company. According to data from MarketBeat, NVIDIA presently has a consensus rating of “Buy” and a consensus target price of $321.47.

NVIDIA Profile

NVIDIA Corporation (NASDAQ: NVDA) is a technology company that designs graphics processing units (GPUs), accelerated computing platforms, networking products and related software. Its technologies support artificial intelligence, machine learning, scientific computing, data analytics, professional visualization and computer graphics.

The company’s products include GeForce GPUs for gaming and personal computing, data center GPUs and systems for AI and high-performance computing, and networking solutions used to connect and manage large-scale computing infrastructure.