Peoples Financial Services CORP. Has $415,000 Stock Holdings in NVIDIA Corporation $NVDA

Peoples Financial Services CORP. lifted its stake in NVIDIA Corporation (NASDAQ:NVDA) by 94.4% during the second quarter, according to its most recent disclosure with the Securities and Exchange Commission. The fund owned 2,625 shares of the computer hardware maker’s stock after acquiring an additional 1,275 shares during the quarter. Peoples Financial Services CORP.’s holdings in NVIDIA were worth $415,000 as of its most recent filing with the Securities and Exchange Commission.

A number of other large investors have also recently bought and sold shares of the business. Smith Salley Wealth Management boosted its holdings in NVIDIA by 21.2% in the second quarter. Smith Salley Wealth Management now owns 798,020 shares of the computer hardware maker’s stock worth $126,079,000 after purchasing an additional 139,329 shares in the last quarter. Addenda Capital Inc. boosted its holdings in NVIDIA by 25.6% in the second quarter. Addenda Capital Inc. now owns 180,680 shares of the computer hardware maker’s stock worth $28,540,000 after purchasing an additional 36,789 shares in the last quarter. City Holding Co. boosted its holdings in NVIDIA by 5.3% in the second quarter. City Holding Co. now owns 100,035 shares of the computer hardware maker’s stock worth $15,804,000 after purchasing an additional 5,058 shares in the last quarter. Symmetry Partners LLC boosted its holdings in NVIDIA by 6.1% in the second quarter. Symmetry Partners LLC now owns 16,459 shares of the computer hardware maker’s stock worth $2,600,000 after purchasing an additional 942 shares in the last quarter. Finally, Wagner Wealth Management LLC boosted its holdings in NVIDIA by 9.8% in the second quarter. Wagner Wealth Management LLC now owns 9,322 shares of the computer hardware maker’s stock worth $1,473,000 after purchasing an additional 832 shares in the last quarter. 65.27% of the stock is currently owned by institutional investors.

Analyst Ratings Changes

A number of brokerages recently issued reports on NVDA. Oppenheimer reiterated an “outperform” rating and issued a $225.00 price objective (up from $200.00) on shares of NVIDIA in a report on Thursday, August 28th. New Street Research upped their price objective on shares of NVIDIA from $200.00 to $235.00 and gave the stock a “buy” rating in a report on Friday, September 12th. Rosenblatt Securities reiterated a “buy” rating and issued a $215.00 price objective on shares of NVIDIA in a report on Tuesday, September 23rd. Piper Sandler set a $225.00 price target on shares of NVIDIA and gave the company an “overweight” rating in a report on Wednesday, August 13th. 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. Four research analysts have rated the stock with a Strong Buy rating, thirty-seven have assigned a Buy rating, four have assigned a Hold rating and one has assigned a Sell rating to the company’s stock. Based on data from MarketBeat.com, NVIDIA has a consensus rating of “Moderate Buy” and an average target price of $212.84.

NVIDIA Stock Down 4.9%

NASDAQ NVDA opened at $183.16 on Monday. The company has a debt-to-equity ratio of 0.08, a quick ratio of 3.60 and a current ratio of 4.21. The firm has a 50-day simple moving average of $179.16 and a 200 day simple moving average of $151.02. NVIDIA Corporation has a twelve month low of $86.62 and a twelve month high of $195.62. The stock has a market cap of $4.45 trillion, a PE ratio of 52.18, a PEG ratio of 1.32 and a beta of 2.12.

NVIDIA (NASDAQ:NVDA) last released its earnings results 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 business had revenue of $46.74 billion during the quarter, compared to analysts’ expectations of $45.65 billion. During the same quarter last year, the company earned $0.68 earnings per share. The firm’s revenue was up 55.6% on a year-over-year basis. NVIDIA has set its Q3 2026 guidance at EPS. On average, research analysts forecast that NVIDIA Corporation will post 2.77 EPS for the current year.

NVIDIA Announces Dividend

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

Insider Activity

In other NVIDIA news, CEO Jen Hsun Huang sold 75,000 shares of the firm’s stock in a transaction dated Friday, October 10th. The shares were sold at an average price of $190.20, for a total transaction of $14,265,000.00. Following the completion of the transaction, the chief executive officer owned 70,558,203 shares in the company, valued at $13,420,170,210.60. This trade represents a 0.11% decrease in their ownership of the stock. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is available at this link. Also, CFO Colette Kress sold 30,500 shares of the firm’s stock in a transaction dated Friday, September 19th. The stock was sold at an average price of $176.40, for a total transaction of $5,380,200.00. Following the transaction, the chief financial officer owned 2,883,402 shares of the company’s stock, valued at approximately $508,632,112.80. This represents a 1.05% decrease in their position. The disclosure for this sale can be found here. In the last quarter, insiders sold 3,801,587 shares of company stock valued at $673,950,484. 4.17% of the stock is owned by corporate insiders.

NVIDIA Company 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.