12,999 NVIDIA Corporation $NVDA Shares Sold by TRB Wealth Management LLC

Key Points

• TRB Wealth Management reduced its NVIDIA position by 10.6%, selling 12,999 shares and retaining 109,343 shares valued at approximately $21.9 million. Institutional investors collectively own 65.27% of NVIDIA.
• NVIDIA insiders sold significant stock in recent months, including CFO Colette Kress and director Mark A. Stevens; insiders sold 1.77 million shares worth about $399.5 million over the past three months.
• NVIDIA reported strong quarterly results, with revenue up 105.9% year over year and EPS beating estimates. The company also authorized a $150 billion share repurchase program, while analysts maintained an overall “Buy” consensus with an average price target of $321.89.

TRB Wealth Management LLC lowered its position in shares of NVIDIA Corporation (NASDAQ:NVDA - Free Report) by 10.6% in the 2nd quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission. The institutional investor owned 109,343 shares of the computer hardware maker's stock after selling 12,999 shares during the period. NVIDIA accounts for about 2.9% of TRB Wealth Management LLC's holdings, making the stock its 8th biggest position. TRB Wealth Management LLC's holdings in NVIDIA were worth $21,878,000 at the end of the most recent reporting period.

Other institutional investors have also added to or reduced their stakes in the company. Harber Asset Management LLC raised its holdings in shares of NVIDIA by 6.4% during the 2nd quarter. Harber Asset Management LLC now owns 36,861 shares of the computer hardware maker's stock valued at $7,376,000 after buying an additional 2,218 shares in the last quarter. Avanda Investment Management Pte. Ltd. lifted its position in NVIDIA by 37.5% in the 2nd quarter. Avanda Investment Management Pte. Ltd. now owns 46,200 shares of the computer hardware maker's stock worth $9,244,000 after buying an additional 12,600 shares during the last quarter. EP Wealth Advisors LLC boosted its stake in NVIDIA by 16.9% in the second quarter. EP Wealth Advisors LLC now owns 3,070,726 shares of the computer hardware maker's stock worth $614,422,000 after buying an additional 443,070 shares in the last quarter. M1 Capital Management LLC grew its position in NVIDIA by 4.0% during the second quarter. M1 Capital Management LLC now owns 16,112 shares of the computer hardware maker's stock valued at $3,224,000 after acquiring an additional 620 shares during the last quarter. Finally, Rakuten Securities Inc. lifted its holdings in shares of NVIDIA by 23.7% in the 2nd quarter. Rakuten Securities Inc. now owns 160,514 shares of the computer hardware maker's stock worth $32,117,000 after acquiring an additional 30,774 shares during the last quarter. 65.27% of the stock is currently owned by institutional investors.

Insider Buying and Selling at NVIDIA

In other NVIDIA news, CFO Colette Kress sold 34,918 shares of NVIDIA stock in a transaction that occurred on Thursday, September 17th. The shares were sold at an average price of $219.05, for a total value of $7,648,787.90. Following the completion of the sale, the chief financial officer owned 765,103 shares of the company's stock, valued at approximately $167,595,812.15. The trade was a 4.36% decrease in their position. The transaction was disclosed in a document filed with the SEC, which is accessible through this hyperlink. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Also, Director Mark A. Stevens sold 622,239 shares of NVIDIA stock in a transaction on Friday, September 4th. The stock was sold at an average price of $231.62, for a total value of $144,122,997.18. Following the completion of the sale, the director directly owned 2,336,531 shares of the company's stock, valued at $541,187,310.22. The trade was a 21.03% decrease in their position. The disclosure for this sale is available in the SEC filing. In the last three months, insiders have sold 1,766,118 shares of company stock worth $399,450,353. Insiders own 3.94% of the company's stock.

NVIDIA Stock Performance

NVIDIA stock opened at $239.24 on Wednesday. The stock's 50 day simple moving average is $220.43 and its two-hundred day simple moving average is $208.47. The company has a debt-to-equity ratio of 0.14, a quick ratio of 3.85 and a current ratio of 4.59. The stock has a market cap of $5.77 trillion, a price-to-earnings ratio of 30.25, a PEG ratio of 1.85 and a beta of 2.22. NVIDIA Corporation has a fifty-two week low of $164.27 and a fifty-two week high of $243.37.

NVIDIA (NASDAQ:NVDA - Get Free Report) last issued its quarterly earnings results on Wednesday, August 26th. The computer hardware maker reported $2.22 earnings per share (EPS) for the quarter, topping the consensus estimate of $2.09 by $0.13. NVIDIA had a net margin of 63.66% and a return on equity of 96.04%. The company had revenue of $96.22 billion during the quarter, compared to analyst estimates of $92.27 billion. During the same period last year, the business earned $1.05 EPS. NVIDIA's quarterly revenue was up 105.9% compared to the same quarter last year. As a group, analysts expect that NVIDIA Corporation will post 9.25 earnings per share for the current fiscal year.

NVIDIA declared that its board has authorized a share buyback program on Monday, September 28th that permits the company to repurchase $150.00 billion in shares. This repurchase authorization permits the computer hardware maker to repurchase up to 2.8% of its stock through open market purchases. Stock repurchase programs are usually an indication that the company's board of directors believes its stock is undervalued.

NVIDIA Announces Dividend

The firm also recently disclosed a quarterly dividend, which was paid on Thursday, October 1st. Investors of record on Thursday, September 10th were given a $0.25 dividend. The ex-dividend date of this dividend was Thursday, September 10th. This represents a $1.00 annualized dividend and a yield of 0.4%. NVIDIA's dividend payout ratio is 12.64%.

Analyst Upgrades and Downgrades

Several analysts have weighed in on the stock. Rothschild & Co Redburn boosted their price target on shares of NVIDIA from $300.00 to $325.00 in a research note on Thursday, August 27th. Needham & Company LLC reiterated a "buy" rating and issued a $300.00 price objective on shares of NVIDIA in a report on Friday, September 4th. Deutsche Bank Aktiengesellschaft reissued a "buy" rating on shares of NVIDIA in a research note on Monday, August 31st. Itau BBA Securities dropped their target price on NVIDIA from $256.00 to $218.00 in a report on Wednesday, June 24th. Finally, KeyCorp restated an "overweight" rating and set a $330.00 price target on shares of NVIDIA in a research report on Monday, August 24th. Four investment analysts have rated the stock with a Strong Buy rating, fifty have assigned a Buy rating and one has given a Hold rating to the company. According to MarketBeat.com, NVIDIA has an average rating of "Buy" and a consensus price target of $321.89.

Key Stories Impacting NVIDIA

Here are the key news stories impacting NVIDIA this week:

• Positive Sentiment: AI demand indicators remain strong. Foxconn reported record quarterly revenue, helped by accelerating demand for NVIDIA-linked AI servers. Separately, AM Intelligence announced firm orders for 20,000 NVIDIA Rubin GPUs for deployments in India and Malaysia, providing additional evidence of international infrastructure expansion. Foxconn revenue report
• Positive Sentiment: Analysts see further upside. Recent commentary argues that rising earnings estimates, NVIDIA’s platform advantages and broadening demand from frontier AI labs, agentic AI and physical AI could extend the rally. One analyst suggested Wall Street may be underestimating growth over the next six to eight quarters. Zacks AI stock analysis
• Positive Sentiment: Strategic ecosystem investments are adding optionality. NVIDIA-backed startups Reflection AI and Lambda are advancing new AI models and cloud infrastructure, with Lambda reportedly seeking up to $4 billion ahead of a planned IPO. These developments could support future demand for NVIDIA computing products and strengthen its influence across the AI stack. Lambda funding report
• Neutral Sentiment: The $6 trillion valuation is now a near-term market milestone. NVIDIA’s market capitalization is approaching that level, and options traders reportedly see a meaningful chance of reaching it this month. The milestone may attract additional momentum buying, but it also raises expectations for execution and earnings. NVIDIA options report
• Negative Sentiment: Valuation and concentration risks are increasing. Some market strategists warn that mega-cap technology stocks may be overbought after their recent advances, while NVIDIA’s enormous market value leaves less room for disappointment if AI infrastructure spending slows.
• Negative Sentiment: Competition and legal scrutiny remain risks. Broadcom is expanding its custom AI accelerator business through an Anthropic-related financing arrangement, potentially challenging NVIDIA’s dominance. In addition, a lawsuit alleges NVIDIA’s $20 billion Groq transaction disadvantaged Groq shareholders, creating legal and reputational uncertainty. Groq lawsuit report

NVIDIA Profile

NVIDIA Corporation is a technology company that designs accelerated computing platforms, graphics processing units (GPUs), central processing units (CPUs), networking products and related software. Its technologies are used in artificial intelligence, data centers, scientific and technical computing, gaming, professional visualization, automotive systems and robotics.

The company's products include GeForce GPUs and gaming software, data center computing platforms, networking solutions, and enterprise software for AI development and deployment.

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