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

Key Points

• Beacon Bank & Trust reduced its NVIDIA stake by 4.4% in the second quarter, selling 3,530 shares and retaining 76,705 shares valued at approximately $15.35 million. Institutional investors collectively own 65.27% of NVIDIA.
• NVIDIA reported strong quarterly results, with EPS of $2.22 and revenue of $96.22 billion, up 105.9% year over year and ahead of analyst expectations. The company also declared a quarterly dividend of $0.25 per share.
• Analyst sentiment remains broadly positive, with 53 analysts rating the stock Buy or Strong Buy and an average price target of $324.34, although investors face risks from competition, potential AI-spending deceleration, rising memory costs and elevated valuation.

Beacon Bank & Trust lowered its position in NVIDIA Corporation (NASDAQ:NVDA - Free Report) by 4.4% in the 2nd quarter, according to its most recent 13F filing with the SEC. The firm owned 76,705 shares of the computer hardware maker's stock after selling 3,530 shares during the period. NVIDIA comprises approximately 1.7% of Beacon Bank & Trust's holdings, making the stock its 14th largest position. Beacon Bank & Trust's holdings in NVIDIA were worth $15,348,000 at the end of the most recent quarter.

A number of other institutional investors have also bought and sold shares of NVDA. Bank of America Corp DE grew its position in shares of NVIDIA by 2.1% during the first quarter. Bank of America Corp DE now owns 191,200,989 shares of the computer hardware maker's stock worth $33,345,453,000 after purchasing an additional 4,019,505 shares in the last quarter. Invesco Ltd. lifted its holdings in NVIDIA by 0.3% in the 4th quarter. Invesco Ltd. now owns 143,239,504 shares of the computer hardware maker's stock worth $26,714,167,000 after purchasing an additional 446,178 shares in the last quarter. Amundi lifted its holdings in NVIDIA by 10.4% in the 1st quarter. Amundi now owns 133,768,018 shares of the computer hardware maker's stock worth $23,329,141,000 after purchasing an additional 12,575,177 shares in the last quarter. J. Stern & Co. LLP boosted its stake in 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 worth $23,454,297,000 after purchasing an additional 124,849,603 shares during the period. Finally, Dimensional Fund Advisors LP grew its holdings in NVIDIA by 0.6% during the 1st quarter. Dimensional Fund Advisors LP now owns 94,521,253 shares of the computer hardware maker's stock valued at $16,479,126,000 after buying an additional 555,221 shares in the last quarter. Hedge funds and other institutional investors own 65.27% of the company's stock.

NVIDIA Stock Performance

Shares of NASDAQ:NVDA opened at $222.27 on Monday. NVIDIA Corporation has a 52 week low of $164.27 and a 52 week high of $236.54. The stock has a market capitalization of $5.36 trillion, a P/E ratio of 28.10, a PEG ratio of 1.72 and a beta of 2.22. The firm has a fifty day simple moving average of $214.66 and a two-hundred day simple moving average of $204.44. The company has a quick ratio of 3.85, a current ratio of 4.59 and a debt-to-equity ratio of 0.14.

NVIDIA (NASDAQ:NVDA - Get Free Report) last announced its earnings results on Wednesday, August 26th. The computer hardware maker reported $2.22 earnings per share (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 firm had revenue of $96.22 billion for the quarter, compared to analysts' expectations of $92.27 billion. During the same period in the prior year, the company earned $1.05 EPS. The business's revenue was up 105.9% compared to the same quarter last year. On average, analysts expect that NVIDIA Corporation will post 9.25 earnings per share for the current fiscal year.

NVIDIA Announces Dividend

The business also recently disclosed a quarterly dividend, which will be paid on Thursday, October 1st. Shareholders of record on Thursday, September 10th will be given a dividend of $0.25 per share. 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 dividend payout ratio is 12.64%.

Key Headlines Impacting NVIDIA

Here are the key news stories impacting NVIDIA this week:

• Positive Sentiment: CEO Jensen Huang said NVIDIA expects to sell roughly twice as many chips next year, reinforcing expectations that hyperscaler spending on AI data centers remains strong. The forecast includes demand for GPUs, CPUs, networking equipment and complete server racks. Nvidia Chip Sales Could Double Next Year, CEO Jensen Huang Says
• Positive Sentiment: Analysts and market commentators increasingly view NVIDIA as attractively valued relative to its growth. Its scale, diversified AI exposure, high profitability and lower forward valuation multiple give it an advantage over peers such as Credo, while some estimates suggest revenue growth could remain near 70% in fiscal 2028. Credo vs. NVIDIA After Earnings
• Positive Sentiment: AI infrastructure demand is expanding beyond processors into high-bandwidth memory and optical networking. NVIDIA has identified memory and silicon photonics as potential bottlenecks and has committed capital and purchase agreements involving suppliers such as Coherent and Lumentum, signaling sustained demand throughout its supply chain.
• Positive Sentiment: New ecosystem activity supports NVIDIA’s long-term growth narrative. Cloud partner CoreWeave is deploying next-generation Vera Rubin clusters, while NVIDIA-backed Nscale filed for a U.S. IPO. NVIDIA technology is also being used in autonomous trading systems, quantum-computing research and planned enterprise augmented-reality products.
• Neutral Sentiment: Speculative initiatives, including potential orbital data centers with SpaceX and NVIDIA’s quantum-computing software, could create future demand but are unlikely to materially affect near-term revenue.
• Negative Sentiment: Investors remain alert to competition from Huawei’s planned 2027 Ascend chips, possible AI-spending deceleration, rising memory costs that could pressure gross margins, and the effects of higher interest rates. The stock’s elevated valuation and dependence on continued hyperscaler capital expenditure also leave it sensitive to disappointing guidance.

Insider Buying and Selling at NVIDIA

In other news, CFO Colette Kress sold 34,918 shares of the firm's stock in a transaction that occurred on Thursday, September 17th. The stock was 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 directly owned 765,103 shares of the company's stock, valued at $167,595,812.15. This trade represents a 4.36% decrease in their position. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is available at this link. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Also, Director Mark Stevens sold 622,239 shares of NVIDIA stock in a transaction that occurred 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 transaction, the director owned 2,336,531 shares of the company's stock, valued at approximately $541,187,310.22. This trade represents a 21.03% decrease in their position. The SEC filing for this sale provides additional information. Insiders have sold a total of 1,735,658 shares of company stock worth $392,663,865 over the last ninety days. Company insiders own 3.94% of the company's stock.

Analyst Ratings Changes

Several equities research analysts have recently issued reports on NVDA shares. Truist Financial lifted their price objective on shares of NVIDIA from $307.00 to $346.00 and gave the company a "buy" rating in a research report on Thursday, August 27th. Rothschild & Co Redburn raised their target price on shares of NVIDIA from $300.00 to $325.00 in a research note on Thursday, August 27th. HSBC lifted their price target on shares of NVIDIA from $360.00 to $365.00 in a report on Thursday, August 27th. Jefferies Financial Group reissued a "buy" rating on shares of NVIDIA in a report on Wednesday, August 26th. Finally, Cantor Fitzgerald restated an "overweight" rating and set a $350.00 price objective on shares of NVIDIA in a research report on Monday, August 24th. Three analysts have rated the stock with a Strong Buy rating, fifty have issued a Buy rating and two have issued a Hold rating to the company's stock. According to data from MarketBeat, NVIDIA has an average rating of "Buy" and an average target price of $324.34.

About NVIDIA

NVIDIA Corporation is a technology company that designs accelerated computing platforms, graphics processors and related software. Its products are used for artificial intelligence, machine learning, high-performance computing, computer graphics, data-center applications and other workloads that benefit from parallel processing.

The company's offerings include GeForce graphics processing units (GPUs) and software for gaming and personal computers; data-center GPUs, systems and networking products; and professional visualization solutions for design, engineering, media and scientific applications.

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