363,585 Shares in NVIDIA Corporation $NVDA Purchased by Trust Co. of Vermont

Key Points

• Trust Co. of Vermont bought 363,585 NVIDIA shares worth approximately $72.75 million in the second quarter, making NVIDIA its sixth-largest holding at 2.7% of the portfolio.
• NVIDIA reported stronger-than-expected quarterly results, with $2.22 in EPS and $96.22 billion in revenue, up 105.9% year over year. The board also authorized a $150 billion share-repurchase plan.
• Wall Street remains bullish, with the stock carrying a consensus “Buy” rating and an average price target of $324.14, although insiders sold more than $399 million in shares over the past 90 days.

Trust Co. of Vermont bought a new position in shares of NVIDIA Corporation (NASDAQ:NVDA - Free Report) during the second quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The fund bought 363,585 shares of the computer hardware maker's stock, valued at approximately $72,750,000. NVIDIA accounts for about 2.7% of Trust Co. of Vermont's portfolio, making the stock its 6th biggest holding.

Several other large investors have also recently bought and sold shares of the stock. Principle Wealth Partners LLC increased its holdings in shares of NVIDIA by 0.7% during the 2nd quarter. Principle Wealth Partners LLC now owns 285,774 shares of the computer hardware maker's stock worth $57,180,000 after purchasing an additional 1,968 shares during the period. Focused Wealth Management Inc raised its position in shares of NVIDIA by 6.0% during the second quarter. Focused Wealth Management Inc now owns 92,033 shares of the computer hardware maker's stock valued at $18,415,000 after buying an additional 5,199 shares during the last quarter. Mitsubishi UFJ Asset Management Co. Ltd. lifted its stake in shares of NVIDIA by 5.1% in the second quarter. Mitsubishi UFJ Asset Management Co. Ltd. now owns 59,298,961 shares of the computer hardware maker's stock valued at $11,865,129,000 after buying an additional 2,902,522 shares during the period. Plato Investment Management Ltd lifted its stake in shares of NVIDIA by 1.3% in the second quarter. Plato Investment Management Ltd now owns 605,743 shares of the computer hardware maker's stock valued at $120,496,000 after buying an additional 7,589 shares during the period. Finally, Privium Fund Management UK Ltd bought a new position in NVIDIA during the second quarter valued at about $9,398,000. 65.27% of the stock is currently owned by institutional investors and hedge funds.

NVIDIA Stock Performance

NVIDIA stock opened at $227.21 on Wednesday. The firm has a market capitalization of $5.48 trillion, a P/E ratio of 28.72, a P/E/G ratio of 1.77 and a beta of 2.22. The stock has a fifty day moving average price of $217.43 and a two-hundred day moving average price of $206.62. NVIDIA Corporation has a 52-week low of $164.27 and a 52-week high of $236.54. The company has a debt-to-equity ratio of 0.14, a current ratio of 4.59 and a quick ratio of 3.85.

NVIDIA (NASDAQ:NVDA - Get Free Report) last issued its earnings results on Wednesday, August 26th. The computer hardware maker reported $2.22 EPS for the quarter, beating 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 for the quarter, compared to the consensus estimate of $92.27 billion. During the same quarter in the previous year, the company earned $1.05 EPS. The firm's revenue for the quarter was up 105.9% compared to the same quarter last year. As a group, analysts anticipate that NVIDIA Corporation will post 9.25 EPS for the current fiscal year.

NVIDIA announced that its Board of Directors has authorized a share repurchase plan on Monday, September 28th that authorizes the company to repurchase $150.00 billion in shares. This repurchase authorization authorizes the computer hardware maker to buy up to 2.8% of its shares through open market purchases. Shares repurchase plans are typically an indication that the company's board of directors believes its stock is undervalued.

NVIDIA Announces Dividend

The company also recently declared a quarterly dividend, which will be paid on Thursday, October 1st. Shareholders of record on Thursday, September 10th will be given a $0.25 dividend. The ex-dividend date is Thursday, September 10th. This represents a $1.00 dividend on an annualized basis and a yield of 0.4%. NVIDIA's payout ratio is 12.64%.

NVIDIA News Summary

Here are the key news stories impacting NVIDIA this week:

• Positive Sentiment: NVIDIA’s decision to authorize an additional $150 billion in share repurchases, bringing total remaining authorization to approximately $235 billion through fiscal 2028, signals management’s confidence in future cash flow and could support earnings per share through a lower share count. Nvidia adds $150 billion to existing share repurchase plan
• Positive Sentiment: The company launched its Open Agent Safety Platform, including tools to control, monitor and isolate AI agents. Investors may see the initiative as a new software and inference-infrastructure opportunity rather than a constraint on AI spending. NVIDIA launches Open Agent Safety Platform
• Positive Sentiment: Demand indicators remain strong. SpaceX is reportedly purchasing more NVIDIA GPUs, Uniserve signed a five-year agreement involving NVIDIA B300 servers, and potential Chinese purchases of RTX PRO 5500 processors could expand the company’s addressable market if approved. SpaceX orders more Nvidia chips
• Neutral Sentiment: Analyst optimism persists, including Rosenblatt’s reiterated Buy rating and $390 price target. Commentary also highlights accelerating TSMC 2-nanometer capacity and continued hyperscaler capital spending as longer-term support for NVIDIA’s growth. TSMC prices out the competition
• Negative Sentiment: Near-term trading was pressured by rising bond yields and macroeconomic uncertainty, while NVIDIA’s shares consolidated below their recent high after Monday’s buyback-driven advance.
• Negative Sentiment: Investors are monitoring higher memory costs and supply-chain bottlenecks that could compress gross margins even as AI revenue grows. A Netlist complaint seeking to restrict imports of Micron memory used in NVIDIA-related AI systems adds a further legal and supply risk. Netlist seeks U.S. import ban on Micron chips
• Negative Sentiment: NVIDIA is also exploring insurance structures for chip-backed loans to smaller “neocloud” customers. The effort could broaden demand, but it highlights concerns about financing risk and the ability of emerging customers to support massive AI infrastructure investments. Nvidia turns to insurers to spread risk of AI build-out

Insider Buying and Selling at NVIDIA

In other NVIDIA news, CFO Colette Kress sold 34,918 shares of the stock in a transaction dated Thursday, September 17th. The shares were sold at an average price of $219.05, for a total transaction of $7,648,787.90. Following the sale, the chief financial officer owned 765,103 shares of the company's stock, valued at $167,595,812.15. This represents a 4.36% decrease in their position. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which can be accessed 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 the firm's stock in a transaction dated Friday, September 4th. The shares were sold at an average price of $231.62, for a total transaction of $144,122,997.18. Following the completion of the sale, the director 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 SEC filing for this sale provides additional information. Insiders have sold a total of 1,766,118 shares of company stock worth $399,450,353 over the last ninety days. Corporate insiders own 3.94% of the company's stock.

Wall Street Analysts Forecast Growth

A number of brokerages have commented on NVDA. Wedbush raised their price objective on NVIDIA from $330.00 to $345.00 and gave the stock an "outperform" rating in a research report on Thursday, August 27th. Oppenheimer set a $315.00 target price on NVIDIA and gave the company an "outperform" rating in a research note on Thursday, August 27th. DA Davidson reaffirmed a "buy" rating and issued a $300.00 target price on shares of NVIDIA in a research report on Thursday, August 27th. UBS Group set a $300.00 target price on NVIDIA and gave the stock a "buy" rating in a research report on Thursday, August 27th. Finally, Truist Financial lifted their price target on shares of NVIDIA from $307.00 to $346.00 and gave the stock a "buy" rating in a research note on Thursday, August 27th. Four equities research analysts have rated the stock with a Strong Buy rating, fifty have issued a Buy rating and one has given a Hold rating to the company. According to MarketBeat.com, the company has an average rating of "Buy" and an average price target of $324.14.

About NVIDIA

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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