NVIDIA Corporation $NVDA Shares Sold by Midwest Trust Co

Midwest Trust Co trimmed its position in NVIDIA Corporation (NASDAQ:NVDA) by 1.8% during the first quarter, HoldingsChannel.com reports. The firm owned 1,756,012 shares of the computer hardware maker’s stock after selling 32,682 shares during the quarter. NVIDIA comprises 3.8% of Midwest Trust Co’s investment portfolio, making the stock its 2nd biggest position. Midwest Trust Co’s holdings in NVIDIA were worth $306,248,000 at the end of the most recent quarter.

Other hedge funds and other institutional investors have also modified their holdings of the company. Brighton Jones LLC raised its holdings in NVIDIA by 12.4% in the fourth quarter. Brighton Jones LLC now owns 324,901 shares of the computer hardware maker’s stock valued at $43,631,000 after buying an additional 35,815 shares during the period. Bank Pictet & Cie Europe AG grew its stake in NVIDIA by 1.0% during the fourth quarter. Bank Pictet & Cie Europe AG now owns 2,346,417 shares of the computer hardware maker’s stock worth $315,100,000 after buying an additional 22,929 shares during the period. Highview Capital Management LLC DE increased its position in shares of NVIDIA by 6.7% in the fourth quarter. Highview Capital Management LLC DE now owns 58,396 shares of the computer hardware maker’s stock worth $7,842,000 after acquiring an additional 3,653 shares in the last quarter. Hudson Value Partners LLC increased its position in shares of NVIDIA by 30.7% in the fourth quarter. Hudson Value Partners LLC now owns 50,658 shares of the computer hardware maker’s stock worth $6,805,000 after acquiring an additional 11,900 shares in the last quarter. Finally, Wealth Group Ltd. raised its stake in shares of NVIDIA by 15.7% in the 1st quarter. Wealth Group Ltd. now owns 6,598 shares of the computer hardware maker’s stock valued at $715,000 after acquiring an additional 896 shares during the period. 65.27% of the stock is owned by institutional investors and hedge funds.

Key NVIDIA News

Here are the key news stories impacting NVIDIA this week:

• Positive Sentiment: NVIDIA and the Naval Postgraduate School said NVIDIA donated a supercomputer using its latest chips to a nonprofit tied to the institution, highlighting expanding adoption of its AI hardware in U.S. defense and research. Reuters: Nvidia donates supercomputer to U.S. military university
• Positive Sentiment: Bank of America said NVIDIA’s Vera CPU launch is intensifying the AI server CPU battle and kept a Buy rating with a $350 target, suggesting the company could expand beyond GPUs into a larger share of AI infrastructure spending. Yahoo Finance: BofA sees server CPU TAM hitting $170bn by 2030 as NVIDIA takes on AMD
• Positive Sentiment: Several articles highlighted NVIDIA as a beneficiary of the broader AI capex cycle, with bullish takes pointing to cheaper AI models, sovereign AI demand, and continued chip spending that could support long-term growth. Zacks: Can NVIDIA’s Sovereign AI Push Unlock New Revenue Streams Now?
• Positive Sentiment: NVIDIA also gained support from market momentum and technical traders, with reports that the stock cleared an early buy trigger ahead of Alphabet earnings and that the semiconductor rebound is being treated as a positioning reset, not a collapse in demand. Investor’s Business Daily: Nvidia Hits Buy Trigger With Alphabet Earnings Due

Analysts Set New Price Targets

NVDA has been the topic of several recent research reports. New Street Research reduced their target price on shares of NVIDIA from $343.00 to $340.00 in a report on Thursday, May 21st. DZ Bank reiterated a “buy” rating on shares of NVIDIA in a report on Thursday, May 21st. William Blair reissued an “outperform” rating on shares of NVIDIA in a research report on Tuesday, June 2nd. Stifel Nicolaus set a $282.00 price objective on NVIDIA and gave the stock a “buy” rating in a research note on Thursday, May 21st. Finally, China Renaissance initiated coverage on NVIDIA in a research report on Friday, June 5th. They issued a “buy” rating and a $319.00 target price for the company. Three investment analysts have rated the stock with a Strong Buy rating, forty-eight have given a Buy rating and two have given a Hold rating to the company’s stock. According to MarketBeat, NVIDIA presently has a consensus rating of “Buy” and a consensus price target of $304.26.

Insiders Place Their Bets

In other news, Director Mark A. Stevens sold 885,000 shares of the stock in a transaction that occurred on Thursday, June 18th. The stock was sold at an average price of $210.17, for a total transaction of $186,000,450.00. Following the completion of the transaction, the director directly owned 5,207,271 shares in the company, valued at approximately $1,094,412,146.07. This represents a 14.53% decrease in their position. The transaction was disclosed in a filing with the SEC, which can be accessed through this hyperlink. Also, Director Stephen C. Neal sold 15,500 shares of the firm’s stock in a transaction that occurred on Wednesday, June 3rd. The stock was sold at an average price of $215.73, for a total transaction of $3,343,815.00. Following the sale, the director directly owned 116,135 shares of the company’s stock, valued at $25,053,803.55. The trade was a 11.77% decrease in their position. Additional details regarding this sale are available in the official SEC disclosure. Insiders have sold 1,901,125 shares of company stock worth $410,583,015 in the last three months. 3.94% of the stock is owned by insiders.

NVIDIA Stock Performance

NVIDIA stock opened at $212.06 on Thursday. NVIDIA Corporation has a 12-month low of $164.07 and a 12-month high of $236.54. The company has a market capitalization of $5.13 trillion, a price-to-earnings ratio of 32.47, a price-to-earnings-growth ratio of 0.40 and a beta of 2.21. The company has a debt-to-equity ratio of 0.04, a current ratio of 3.44 and a quick ratio of 2.85. The firm’s fifty day moving average price is $208.76 and its 200 day moving average price is $195.59.

NVIDIA (NASDAQ:NVDA) last posted its quarterly earnings data on Wednesday, May 20th. The computer hardware maker reported $1.87 earnings per share for the quarter, beating analysts’ consensus estimates of $1.76 by $0.11. The company had revenue of $81.61 billion during the quarter, compared to analysts’ expectations of $78.42 billion. NVIDIA had a net margin of 62.97% and a return on equity of 96.94%. The firm’s revenue for the quarter was up 85.2% on a year-over-year basis. During the same period in the prior year, the company posted $0.81 EPS. On average, research analysts forecast that NVIDIA Corporation will post 8.79 EPS for the current fiscal year.

NVIDIA Increases Dividend

The firm also recently disclosed a quarterly dividend, which was paid on Friday, June 26th. Shareholders of record on Thursday, June 4th were paid a dividend of $0.25 per share. This is a boost from NVIDIA’s previous quarterly dividend of $0.01. The ex-dividend date was Thursday, June 4th. This represents a $1.00 dividend on an annualized basis and a yield of 0.5%. NVIDIA’s payout ratio is 15.31%.

NVIDIA declared that its Board of Directors has authorized a stock buyback program on Wednesday, May 20th that authorizes the company to buyback $80.00 billion in shares. This buyback authorization authorizes the computer hardware maker to purchase up to 1.5% of its shares through open market purchases. Shares buyback programs are generally an indication that the company’s board of directors believes its shares are undervalued.

NVIDIA 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.