Community Trust & Investment Co. Sells 8,082 Shares of NVIDIA Corporation $NVDA

Key Points

• Community Trust & Investment Co. reduced its NVIDIA position by 1.1%, selling 8,082 shares in the second quarter. It still held 719,405 shares valued at approximately $143.9 million, representing 7.4% of its portfolio.
• Institutional investors own 65.27% of NVIDIA, though insider selling has been notable: insiders sold 1.9 million shares worth about $410.6 million over the past 90 days. Director Mark A. Stevens alone sold 885,000 shares for roughly $186 million.
• NVIDIA’s growth outlook remains strong, supported by surging AI infrastructure demand, an Ohio data-center project with OpenAI, and new networking products. However, investors are questioning the risks of NVIDIA financing customers that buy its equipment, while the stock’s high valuation increases execution risk.

Community Trust & Investment Co. lowered its holdings in shares of NVIDIA Corporation (NASDAQ:NVDA - Free Report) by 1.1% in the second quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission. The fund owned 719,405 shares of the computer hardware maker's stock after selling 8,082 shares during the period. NVIDIA comprises 7.4% of Community Trust & Investment Co.'s portfolio, making the stock its largest holding. Community Trust & Investment Co.'s holdings in NVIDIA were worth $143,946,000 as of its most recent SEC filing.

Other large investors have also modified their holdings of the company. Spectrum Financial Alliance Ltd LLC raised its holdings in shares of NVIDIA by 3.8% in the first quarter. Spectrum Financial Alliance Ltd LLC now owns 1,395 shares of the computer hardware maker's stock worth $243,000 after acquiring an additional 51 shares during the last quarter. LMG Wealth Partners LLC boosted its stake in shares of NVIDIA by 0.7% during the fourth quarter. LMG Wealth Partners LLC now owns 7,649 shares of the computer hardware maker's stock valued at $1,427,000 after acquiring an additional 53 shares during the last quarter. Vision Financial Markets LLC increased its position in NVIDIA by 1.2% during the 3rd quarter. Vision Financial Markets LLC now owns 4,640 shares of the computer hardware maker's stock worth $866,000 after purchasing an additional 53 shares in the last quarter. JGP Global Gestao de Recursos Ltda. increased its position in NVIDIA by 2.3% during the 4th quarter. JGP Global Gestao de Recursos Ltda. now owns 2,402 shares of the computer hardware maker's stock worth $448,000 after purchasing an additional 55 shares in the last quarter. Finally, Penobscot Wealth Management raised its stake in NVIDIA by 0.7% in the 1st quarter. Penobscot Wealth Management now owns 7,930 shares of the computer hardware maker's stock valued at $1,383,000 after purchasing an additional 55 shares during the last quarter. 65.27% of the stock is currently owned by institutional investors and hedge funds.

Key Headlines Impacting NVIDIA

Here are the key news stories impacting NVIDIA this week:

• Positive Sentiment: NVIDIA will provide up to $105 billion in financing and credit support for an OpenAI data center campus in Ohio. SB Energy will build and operate the site, while OpenAI has signed a 20-year lease. The project is expected to support approximately 8 gigawatts of NVIDIA-powered computing capacity, creating a potentially significant source of future GPU, networking and systems demand. Nvidia backs financing for OpenAI data center in Ohio
• Positive Sentiment: NVIDIA is also investing $1.5 billion in SB Energy and will be the exclusive AI-compute provider for the Ohio campus. The arrangement strengthens NVIDIA’s role in developing the power, land and data-center infrastructure needed to sell complete AI systems, rather than chips alone. Nvidia investing $1.5B in SoftBank data center developer
• Positive Sentiment: Wall Street executives continue to describe AI infrastructure as constrained by power and computing capacity—not capital. BlackRock’s Larry Fink estimates the U.S. alone may need more than 70 gigawatts of power for AI, reinforcing the long-term demand outlook for NVIDIA’s platforms. BlackRock’s Larry Fink discusses AI power demand
• Positive Sentiment: NVIDIA’s Spectrum-X co-packaged-optics switches have entered mass production, adding another potential growth driver as data-center operators expand high-speed networking capacity. Analysts also expect strong results at the company’s August 26 earnings report. Nvidia Spectrum-X switches enter mass production
• Neutral Sentiment: The financing strategy is attracting substantial institutional support, but individual fund managers remain divided: some increased NVIDIA positions while others sold shares or bought puts. This signals continued disagreement over how much future AI growth is already reflected in the valuation. Billionaires’ differing NVIDIA trades
• Negative Sentiment: Investors are questioning the risk of NVIDIA financing data centers that are expected to purchase NVIDIA equipment. Critics characterize this as a circular financing structure that could increase credit exposure and make reported AI demand harder to evaluate. The stock’s elevated valuation leaves less room for execution disappointments. NVIDIA’s circular financing structure

Insider Buying and Selling at NVIDIA

In other news, Director Mark A. Stevens sold 885,000 shares of NVIDIA stock in a transaction dated Thursday, June 18th. The stock was sold at an average price of $210.17, for a total value of $186,000,450.00. Following the transaction, the director directly owned 5,207,271 shares of the company's stock, valued at $1,094,412,146.07. The trade was a 14.53% decrease in their position. The transaction was disclosed in a document filed with the SEC, which is available at this link. Also, Director John Dabiri sold 625 shares of the business's stock in a transaction dated Wednesday, May 27th. The stock was sold at an average price of $214.00, for a total value of $133,750.00. Following the sale, the director owned 14,163 shares of the company's stock, valued at $3,030,882. The trade was a 4.23% decrease in their position. The SEC filing for this sale provides additional information. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Over the last 90 days, insiders sold 1,901,125 shares of company stock valued at $410,583,015. Company insiders own 3.94% of the company's stock.

NVIDIA Stock Performance

Shares of NVDA stock opened at $225.01 on Tuesday. 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 capitalization of $5.45 trillion, a price-to-earnings ratio of 34.46, a price-to-earnings-growth ratio of 0.44 and a beta of 2.23. NVIDIA Corporation has a one year low of $164.07 and a one year high of $236.54. The company has a 50 day moving average price of $206.47 and a 200 day moving average price of $198.85.

NVIDIA (NASDAQ:NVDA - Get Free Report) last announced its quarterly earnings results 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. NVIDIA had a net margin of 62.97% and a return on equity of 96.94%. The company had revenue of $81.61 billion for the quarter, compared to analyst estimates of $78.42 billion. During the same quarter last year, the business earned $0.81 EPS. NVIDIA's revenue for the quarter was up 85.2% on a year-over-year basis. Sell-side analysts anticipate that NVIDIA Corporation will post 8.79 EPS for the current year.

NVIDIA announced that its board has initiated a stock repurchase program on Wednesday, May 20th that allows the company to repurchase $80.00 billion in shares. This repurchase authorization allows the computer hardware maker to reacquire up to 1.5% of its shares through open market purchases. Shares repurchase programs are usually a sign that the company's leadership believes its shares are undervalued.

NVIDIA Increases Dividend

The company also recently announced 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 was Thursday, June 4th. This is an increase from NVIDIA's previous quarterly dividend of $0.01. This represents a $1.00 dividend on an annualized basis and a yield of 0.4%. NVIDIA's payout ratio is 15.31%.

Wall Street Analysts Forecast Growth

A number of research analysts have issued reports on NVDA shares. Rosenblatt Securities restated a "buy" rating and issued a $325.00 target price on shares of NVIDIA in a report on Thursday, May 21st. Truist Financial boosted their price objective on shares of NVIDIA from $287.00 to $307.00 and gave the company a "buy" rating in a research report on Thursday, May 21st. Seaport Research Partners upped their price objective on shares of NVIDIA from $140.00 to $180.00 and gave the company a "sell" rating in a research note on Thursday, May 21st. Citic Securities raised their target price on shares of NVIDIA from $242.00 to $315.00 and gave the stock a "buy" rating in a research report on Friday, May 22nd. Finally, Robert W. Baird set a $500.00 target price on shares of NVIDIA and gave the stock an "outperform" rating in a research note on Thursday, May 21st. Three equities research 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 stock. According to MarketBeat.com, NVIDIA has an average rating of "Buy" and a consensus price target of $305.94.

NVIDIA Company 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.

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