Mitchell Mcleod Pugh & Williams Inc. Has $13.89 Million Stock Holdings in NVIDIA Corporation $NVDA

Mitchell Mcleod Pugh & Williams Inc. increased its position in NVIDIA Corporation (NASDAQ:NVDA) by 1.6% during the second quarter, according to the company in its most recent 13F filing with the Securities & Exchange Commission. The firm owned 87,893 shares of the computer hardware maker’s stock after acquiring an additional 1,393 shares during the period. NVIDIA makes up 2.6% of Mitchell Mcleod Pugh & Williams Inc.’s portfolio, making the stock its 8th biggest position. Mitchell Mcleod Pugh & Williams Inc.’s holdings in NVIDIA were worth $13,886,000 at the end of the most recent quarter.

Other hedge funds and other institutional investors have also recently bought and sold shares of the company. AEGON ASSET MANAGEMENT UK Plc increased its stake in shares of NVIDIA by 0.7% in the second quarter. AEGON ASSET MANAGEMENT UK Plc now owns 3,453,881 shares of the computer hardware maker’s stock valued at $545,230,000 after purchasing an additional 23,321 shares during the period. Brown Financial Advisory grew its holdings in NVIDIA by 37.6% in the 2nd quarter. Brown Financial Advisory now owns 3,848 shares of the computer hardware maker’s stock worth $608,000 after buying an additional 1,052 shares in the last quarter. JGP Wealth Management LLC grew its holdings in NVIDIA by 3.1% in the 2nd quarter. JGP Wealth Management LLC now owns 41,031 shares of the computer hardware maker’s stock worth $6,483,000 after buying an additional 1,243 shares in the last quarter. Cypress Wealth Services LLC increased its position in NVIDIA by 16.9% in the 2nd quarter. Cypress Wealth Services LLC now owns 41,198 shares of the computer hardware maker’s stock valued at $6,509,000 after acquiring an additional 5,963 shares during the period. Finally, Mowery & Schoenfeld Wealth Management LLC raised its stake in NVIDIA by 315.7% during the 2nd quarter. Mowery & Schoenfeld Wealth Management LLC now owns 19,292 shares of the computer hardware maker’s stock valued at $3,048,000 after acquiring an additional 14,651 shares in the last quarter. 65.27% of the stock is owned by institutional investors and hedge funds.

Insider Activity

In other news, CFO Colette Kress sold 27,640 shares of the business’s stock in a transaction that occurred on Monday, November 3rd. The shares were sold at an average price of $208.33, for a total transaction of $5,758,241.20. Following the sale, the chief financial officer owned 2,828,122 shares in the company, valued at $589,182,656.26. The trade was a 0.97% decrease in their ownership of the stock. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which can be accessed through the SEC website. Also, CEO Jen Hsun Huang sold 25,000 shares of the company’s stock in a transaction that occurred on Wednesday, October 29th. The shares were sold at an average price of $207.91, for a total transaction of $5,197,750.00. Following the completion of the sale, the chief executive officer owned 69,733,203 shares of the company’s stock, valued at approximately $14,498,230,235.73. This trade represents a 0.04% decrease in their position. The SEC filing for this sale provides additional information. In the last 90 days, insiders have sold 3,476,577 shares of company stock worth $623,934,187. Corporate insiders own 4.17% of the company’s stock.

NVIDIA Trading Up 0.0%

NVIDIA stock opened at $188.15 on Friday. 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 market cap of $4.57 trillion, a price-to-earnings ratio of 53.60, a price-to-earnings-growth ratio of 1.49 and a beta of 2.11. NVIDIA Corporation has a 1 year low of $86.62 and a 1 year high of $212.19. The firm’s 50 day moving average price is $183.43 and its two-hundred day moving average price is $162.53.

NVIDIA (NASDAQ:NVDA) last announced 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. The company had revenue of $46.74 billion during the quarter, compared to the consensus estimate of $45.65 billion. NVIDIA had a return on equity of 101.74% and a net margin of 52.41%.The company’s quarterly revenue was up 55.6% compared to the same quarter last year. During the same quarter in the prior year, the firm earned $0.68 EPS. NVIDIA has set its Q3 2026 guidance at EPS. On average, research analysts predict that NVIDIA Corporation will post 2.77 EPS for the current fiscal year.

NVIDIA Announces Dividend

The business also recently declared a quarterly dividend, which was paid on Thursday, October 2nd. Investors of record on Thursday, September 11th were paid a $0.01 dividend. 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 (DPR) is currently 1.14%.

Analyst Ratings Changes

A number of research analysts have recently commented on NVDA shares. Oppenheimer reissued an “outperform” rating and set a $225.00 price target (up from $200.00) on shares of NVIDIA in a report on Thursday, August 28th. Barclays reiterated an “overweight” rating and issued a $240.00 target price (up previously from $200.00) on shares of NVIDIA in a research report on Monday, September 22nd. TD Cowen boosted their price target on shares of NVIDIA from $140.00 to $235.00 and gave the stock a “buy” rating in a research report on Tuesday, August 19th. Cantor Fitzgerald reaffirmed an “overweight” rating and issued a $300.00 price target on shares of NVIDIA in a research note on Wednesday, October 29th. Finally, Sanford C. Bernstein reiterated a “buy” rating on shares of NVIDIA in a research note on Tuesday, September 23rd. Five research analysts have rated the stock with a Strong Buy rating, forty-one have assigned a Buy rating, two have issued a Hold rating and one has assigned a Sell rating to the company. Based on data from MarketBeat, NVIDIA presently has a consensus rating of “Buy” and an average target price of $233.75.

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.