Beacon Bank & Trust Reduces Stock Holdings in NVIDIA Corporation $NVDA

Beacon Bank & Trust lessened its holdings in NVIDIA Corporation (NASDAQ:NVDA) by 5.6% during the first quarter, Holdings Channel.com reports. The institutional investor owned 80,235 shares of the computer hardware maker’s stock after selling 4,779 shares during the quarter. NVIDIA comprises approximately 2.9% of Beacon Bank & Trust’s holdings, making the stock its 9th biggest position. Beacon Bank & Trust’s holdings in NVIDIA were worth $13,993,000 as of its most recent filing with the Securities & Exchange Commission.

Other institutional investors also recently modified their holdings of the company. Lifetime Wealth Management P.C. purchased a new position in shares of NVIDIA in the 4th quarter worth about $26,000. Longview Financial Advisors Inc. bought a new position in NVIDIA during the first quarter valued at about $27,000. Longfellow Investment Management Co. LLC raised its position in NVIDIA by 47.9% in the second quarter. Longfellow Investment Management Co. LLC now owns 207 shares of the computer hardware maker’s stock worth $33,000 after acquiring an additional 67 shares during the period. Inspire Investing LLC purchased a new position in NVIDIA in the fourth quarter valued at about $44,000. Finally, AlphaCentric Advisors LLC purchased a new stake in shares of NVIDIA during the 4th quarter worth approximately $45,000. 65.27% of the stock is owned by institutional investors.

More NVIDIA News

Here are the key news stories impacting NVIDIA this week:

• Positive Sentiment: NVIDIA announced that major Japanese institutions and companies, including Institution of Science Tokyo, SoftBank’s SB Intuitions, Hitachi, ENEOS, NTT DATA, avatarin and Sakana AI, are adopting Nemotron open models to build localized Japanese-language AI applications. The news highlights expanding real-world demand for NVIDIA’s software stack and strengthens its position in Japan’s national AI ecosystem. Article Title
• Positive Sentiment: Jensen Huang said Vera Rubin is already in production and pushed back against reports of delays, easing investor concern about NVIDIA’s next-generation AI accelerator roadmap. Article Title
• Positive Sentiment: Wall Street remains constructive, with KeyBanc raising its price target and other analysts pointing to continued upside driven by AI demand, data-center networking, and NVIDIA’s broader platform expansion. Article Title
• Neutral Sentiment: Several articles emphasized NVIDIA’s strong momentum and valuation case, but they were largely commentary pieces rather than new company-specific developments. Article Title
• Negative Sentiment: Ongoing U.S.-China export scrutiny continues to hang over the stock, with officials saying only a very small number of approved H200 chips have shipped to China. Even though China access could add upside, the limited near-term volume keeps the issue a source of uncertainty. Article Title
• Negative Sentiment: Reports of unusual put options activity and continued discussion of NVIDIA as a crowded trade suggest some investors are still hedging or questioning how much upside is already priced in. Article Title

Insider Buying and Selling at NVIDIA

In related news, Director John Dabiri sold 625 shares of the firm’s stock in a transaction that occurred on Wednesday, May 27th. The shares were sold at an average price of $214.00, for a total value of $133,750.00. Following the transaction, the director owned 14,163 shares of the company’s stock, valued at approximately $3,030,882. This trade represents a 4.23% decrease in their ownership of the stock. The transaction was disclosed in a filing with the SEC, which can be accessed through this link. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Also, Director Mark A. Stevens sold 885,000 shares of the business’s stock in a transaction that occurred 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 sale, the director owned 5,207,271 shares of the company’s stock, valued at $1,094,412,146.07. This trade represents a 14.53% decrease in their ownership of the stock. The SEC filing for this sale provides additional information. Over the last 90 days, insiders have sold 1,901,125 shares of company stock valued at $410,583,015. 3.94% of the stock is owned by company insiders.

NVIDIA Price Performance

Shares of NASDAQ:NVDA opened at $212.50 on Thursday. The business has a 50-day simple moving average of $209.96 and a two-hundred day simple moving average of $194.93. The company has a debt-to-equity ratio of 0.04, a quick ratio of 2.85 and a current ratio of 3.44. The firm has a market cap of $5.14 trillion, a price-to-earnings ratio of 32.54, a price-to-earnings-growth ratio of 0.47 and a beta of 2.21. NVIDIA Corporation has a fifty-two week low of $164.07 and a fifty-two week high of $236.54.

NVIDIA (NASDAQ:NVDA) last released its quarterly earnings data on Wednesday, May 20th. The computer hardware maker reported $1.87 earnings per share for the quarter, beating the consensus estimate of $1.76 by $0.11. NVIDIA had a net margin of 62.97% and a return on equity of 96.94%. The firm had revenue of $81.61 billion during the quarter, compared to analysts’ expectations of $78.42 billion. During the same period in the previous year, the company earned $0.81 earnings per share. The firm’s quarterly revenue was up 85.2% on a year-over-year basis. On average, analysts expect that NVIDIA Corporation will post 8.8 earnings per share for the current year.

NVIDIA declared that its board has authorized a stock buyback plan 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 repurchase up to 1.5% of its stock through open market purchases. Stock buyback plans are usually a sign that the company’s board believes its shares are undervalued.

NVIDIA Increases Dividend

The company also recently disclosed a quarterly dividend, which was paid on Friday, June 26th. Investors of record on Thursday, June 4th were issued a $0.25 dividend. The ex-dividend date of this dividend was Thursday, June 4th. This is an increase from NVIDIA’s previous quarterly dividend of $0.01. This represents a $1.00 annualized dividend and a dividend yield of 0.5%. NVIDIA’s dividend payout ratio is presently 15.31%.

Wall Street Analysts Forecast Growth

NVDA has been the topic of several research reports. Argus boosted their target price on NVIDIA from $220.00 to $270.00 and gave the company a “buy” rating in a research note on Thursday, May 21st. Morgan Stanley set a $288.00 target price on shares of NVIDIA and gave the company an “overweight” rating in a research note on Thursday, May 21st. Citic Securities boosted their price target on shares of NVIDIA from $242.00 to $315.00 and gave the stock a “buy” rating in a research note on Friday, May 22nd. Needham & Company LLC reaffirmed a “buy” rating and set a $270.00 price objective on shares of NVIDIA in a research note on Tuesday, June 2nd. Finally, Tigress Financial reaffirmed a “strong-buy” rating and issued a $425.00 price target (up from $360.00) on shares of NVIDIA in a research note on Wednesday, May 27th. Two equities research analysts have rated the stock with a Strong Buy rating, forty-eight have issued a Buy rating and three have issued a Hold rating to the company. Based on data from MarketBeat.com, the stock currently has an average rating of “Moderate Buy” and a consensus price target of $304.26.

About NVIDIA

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.