Ledyard National Bank Acquires 4,183 Shares of NVIDIA Corporation $NVDA

Ledyard National Bank raised its holdings in NVIDIA Corporation (NASDAQ:NVDA) by 15.1% in the 2nd 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 have also recently modified their holdings of the business. Norges Bank bought a new position in NVIDIA during the 4th quarter worth $62,244,133,000. J. Stern & Co. LLP grew its position in shares of NVIDIA by 13,709.1% in the 4th quarter. J. Stern & Co. LLP now owns 125,760,307 shares of the computer hardware maker’s stock valued at $23,454,297,000 after buying an additional 124,849,603 shares during the last quarter. Cardano Risk Management B.V. grew its position in shares of NVIDIA by 896.4% in the 4th quarter. Cardano Risk Management B.V. now owns 78,123,960 shares of the computer hardware maker’s stock valued at $14,570,119,000 after buying an additional 70,283,539 shares during the last quarter. Capital Research Global Investors increased its stake in shares of NVIDIA by 16.1% in the third quarter. Capital Research Global Investors now owns 165,377,852 shares of the computer hardware maker’s stock valued at $30,855,564,000 after buying an additional 22,896,705 shares during the period. Finally, Laurel Wealth Advisors LLC increased its stake in shares of NVIDIA by 15,496.1% in the second quarter. Laurel Wealth Advisors LLC now owns 21,865,525 shares of the computer hardware maker’s stock valued at $3,454,534,000 after buying an additional 21,725,326 shares during the period. Institutional investors own 65.27% of the company’s stock.

NVIDIA Trading Down 1.5%

Shares of NVDA stock opened at $217.44 on Wednesday. The company has a market cap of $5.24 trillion, a P/E ratio of 27.49, a PEG ratio of 1.73 and a beta of 2.22. The stock has a 50 day simple moving average of $208.68 and a two-hundred day simple moving average of $201.27. The company has a debt-to-equity ratio of 0.14, a quick ratio of 3.85 and a current ratio of 4.59. NVIDIA Corporation has a fifty-two week low of $164.07 and a fifty-two week high of $236.54.

NVIDIA (NASDAQ:NVDA) last posted its quarterly earnings results on Wednesday, August 26th. The computer hardware maker reported $2.22 earnings per share (EPS) for the quarter, topping analysts’ consensus estimates 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 return on equity of 96.04% and a net margin of 63.66%.The company’s revenue for the quarter was up 105.9% compared to the same quarter last year. During the same period in the prior year, the business earned $1.05 EPS. Research analysts forecast that NVIDIA Corporation will post 9.1 earnings per share for the current year.

NVIDIA Announces Dividend

The business also recently announced a quarterly dividend, which will be paid on Thursday, October 1st. Investors of record on Thursday, September 10th will be given a dividend of $0.25 per share. This represents a $1.00 dividend on an annualized basis and a dividend yield of 0.5%. The ex-dividend date is Thursday, September 10th. NVIDIA’s payout ratio is presently 12.64%.

NVIDIA declared that its board has initiated a share buyback program on Wednesday, May 20th that authorizes the company to buyback $80.00 billion in outstanding shares. This buyback authorization authorizes the computer hardware maker to reacquire up to 1.5% of its shares through open market purchases. Shares buyback programs are often a sign that the company’s board of directors believes its shares are undervalued.

Key NVIDIA News

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

Wall Street Analysts Forecast Growth

A number of equities analysts recently commented on the company. KGI Securities lifted their price objective on NVIDIA from $335.00 to $345.00 in a research note on Thursday, August 27th. Benchmark reissued a “buy” rating and set a $335.00 target price on shares of NVIDIA in a research report on Thursday, August 27th. Susquehanna restated a “positive” rating and set a $275.00 price target (up from $250.00) on shares of NVIDIA in a report on Tuesday, May 12th. Deutsche Bank Aktiengesellschaft restated a “buy” rating on shares of NVIDIA in a research report on Monday. Finally, Zacks Research lowered shares of NVIDIA from a “strong-buy” rating to a “hold” rating in a research note on Friday, August 21st. Two equities research analysts have rated the stock with a Strong Buy rating, fifty have issued a Buy rating and three have assigned a Hold rating to the stock. Based on data from MarketBeat, the stock presently has a consensus rating of “Moderate Buy” and a consensus target price of $324.23.

Insider Activity

In related news, Director Mark A. Stevens sold 885,000 shares of the stock in a transaction on Thursday, June 18th. The shares were sold at an average price of $210.17, for a total transaction of $186,000,450.00. Following the transaction, the director directly owned 5,207,271 shares of the company’s stock, valued at $1,094,412,146.07. This represents a 14.53% decrease in their ownership of the stock. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which can be accessed through the SEC website. 3.94% of the stock is owned by insiders.

NVIDIA Company 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.