Eaton Financial Holdings Company LLC Trims Stake in NVIDIA Corporation $NVDA

Key Points

• Eaton Financial Holdings reduced its NVIDIA stake by 5.5% in the second quarter, selling 2,463 shares and retaining 42,216 shares valued at approximately $8.45 million. Institutional investors collectively own 65.27% of NVIDIA.
• Analysts remain broadly bullish, with a consensus “Buy” rating and an average price target of $324.34. NVIDIA also surpassed quarterly earnings and revenue estimates, reporting $2.22 in EPS and $96.22 billion in revenue, up 105.9% year over year.
• Insiders sold significant amounts of stock, including executive Timothy Teter’s approximately $6.8 million sale and director Mark Stevens’s roughly $144.1 million sale. While the transactions may weigh on sentiment, Teter’s sale was conducted under a pre-arranged Rule 10b5-1 plan.

Eaton Financial Holdings Company LLC lessened its holdings in shares of NVIDIA Corporation (NASDAQ:NVDA - Free Report) by 5.5% in the 2nd quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The firm owned 42,216 shares of the computer hardware maker's stock after selling 2,463 shares during the period. NVIDIA comprises approximately 2.3% of Eaton Financial Holdings Company LLC's investment portfolio, making the stock its 12th biggest position. Eaton Financial Holdings Company LLC's holdings in NVIDIA were worth $8,447,000 at the end of the most recent quarter.

A number of other hedge funds have also recently modified their holdings of the business. Boyd Wealth Management LLC increased its stake in NVIDIA by 273.4% in the 2nd quarter. Boyd Wealth Management LLC now owns 9,145 shares of the computer hardware maker's stock worth $1,830,000 after buying an additional 6,696 shares during the period. Altshuler Shaham Ltd boosted its position in NVIDIA by 6,451.9% in the 1st quarter. Altshuler Shaham Ltd now owns 637,236 shares of the computer hardware maker's stock valued at $111,134,000 after buying an additional 627,510 shares during the period. ASR Vermogensbeheer N.V. boosted its position in NVIDIA by 1.8% in the 4th quarter. ASR Vermogensbeheer N.V. now owns 3,169,377 shares of the computer hardware maker's stock valued at $591,086,000 after buying an additional 54,877 shares during the period. Storen Legacy Partners LLC bought a new position in NVIDIA in the 4th quarter worth about $1,350,000. Finally, Baker Tilly Wealth Management LLC increased its position in shares of NVIDIA by 7.4% during the second quarter. Baker Tilly Wealth Management LLC now owns 71,898 shares of the computer hardware maker's stock worth $14,386,000 after acquiring an additional 4,958 shares during the period. Institutional investors own 65.27% of the company's stock.

Wall Street Analysts Forecast Growth

Several research firms have recently weighed in on NVDA. Tigress Financial reaffirmed a "strong-buy" rating and set a $425.00 price target (up from $360.00) on shares of NVIDIA in a research note on Wednesday, May 27th. Rosenblatt Securities restated a "buy" rating and set a $390.00 price objective on shares of NVIDIA in a report on Friday, September 4th. Needham & Company LLC reaffirmed a "buy" rating and set a $300.00 target price on shares of NVIDIA in a research report on Friday, September 4th. Stifel Nicolaus set a $315.00 target price on NVIDIA in a report on Thursday, August 27th. Finally, Cantor Fitzgerald reissued an "overweight" rating and set a $350.00 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 issued a Hold rating to the company's stock. According to data from MarketBeat, NVIDIA has a consensus rating of "Buy" and an average target price of $324.34.

Insider Activity at NVIDIA

In other NVIDIA news, EVP Timothy Teter sold 30,460 shares of NVIDIA stock in a transaction dated Monday, September 21st. The stock was sold at an average price of $222.80, for a total value of $6,786,488.00. Following the transaction, the executive vice president owned 2,687,660 shares in the company, valued at $598,810,648. The trade was a 1.12% decrease in their ownership of the stock. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is available at the SEC website. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Also, Director Mark Stevens sold 622,239 shares of the business's stock in a transaction dated Friday, September 4th. The stock was sold at an average price of $231.62, for a total transaction 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 $541,187,310.22. This represents a 21.03% decrease in their ownership of the stock. The SEC filing for this sale provides additional information. Insiders have sold a total of 1,766,118 shares of company stock valued at $399,450,353 over the last quarter. 3.94% of the stock is owned by corporate insiders.

NVIDIA Stock Performance

Shares of NVDA stock opened at $225.51 on Thursday. The firm has a market cap of $5.43 trillion, a price-to-earnings ratio of 28.51, a PEG ratio of 1.77 and a beta of 2.22. NVIDIA Corporation has a 52-week low of $164.27 and a 52-week high of $236.54. The company has a quick ratio of 3.85, a current ratio of 4.59 and a debt-to-equity ratio of 0.14. The company's 50 day moving average is $215.73 and its 200 day moving average is $205.39.

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 return on equity of 96.04% and a net margin of 63.66%.The business had revenue of $96.22 billion for the quarter, compared to analysts' expectations of $92.27 billion. During the same quarter last year, the firm earned $1.05 EPS. The business's revenue for the quarter was up 105.9% on a year-over-year basis. On average, sell-side analysts anticipate that NVIDIA Corporation will post 9.25 EPS for the current fiscal year.

NVIDIA Dividend Announcement

The business also recently disclosed a quarterly dividend, which will be paid on Thursday, October 1st. Investors of record on Thursday, September 10th will be given a dividend of $0.25 per share. The ex-dividend date of this dividend 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 (DPR) is presently 12.64%.

NVIDIA News Roundup

Here are the key news stories impacting NVIDIA this week:

• Positive Sentiment: Demand for NVIDIA’s AI infrastructure remains strong. Management’s outlook implies roughly 70% revenue growth in fiscal 2028, while analysts and commentary continue to highlight the Vera Rubin product ramp, expanding data-center investment and potential supply constraints as catalysts. NVIDIA demand growth article
• Positive Sentiment: Super Micro Computer began shipping NVIDIA Vera Rubin NVL72 liquid-cooled server racks, providing evidence that NVIDIA’s latest systems are moving into customer deployments and supporting continued hyperscaler capital spending. Super Micro Vera Rubin shipment article
• Positive Sentiment: NVIDIA received a Zacks upgrade to Strong Buy. Other bullish analyses point to its broad AI hardware, networking and software portfolio, while IonQ’s planned quantum-computing deployment at an NVIDIA research center expands the company’s longer-term technology ecosystem. Zacks NVIDIA analysis
• Neutral Sentiment: Potential progress in Trump-Xi discussions could improve NVIDIA’s access to China, where the company’s latest revenue forecast assumes no data-center compute sales. However, export controls and the November tariff-truce deadline leave the opportunity highly uncertain. NVIDIA China sales outlook
• Negative Sentiment: Higher Treasury yields and renewed expectations for a possible October rate increase pressured high-growth technology stocks, making NVIDIA’s elevated valuation more vulnerable to multiple compression.
• Negative Sentiment: Insider-selling reports added to investor caution. EVP Timothy Teter sold approximately $6.8 million of shares under a pre-arranged Rule 10b5-1 plan, while separate coverage described a much larger sale by a senior director without a disclosed prearranged plan. The sales do not establish a fundamental problem but can weigh on sentiment. NVIDIA insider transaction
• Negative Sentiment: Management expects higher memory costs to pressure gross margins, highlighting a shift in AI bottleneck power toward memory and optical-networking suppliers. NVIDIA CEO Jensen Huang also said AI companies should not receive antitrust or liability exemptions, a stance that may increase compliance burdens across the industry. Reuters AI regulation article

NVIDIA Profile

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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