First National Bank & Trust Co. of Newtown Sells 33,875 Shares of NVIDIA Corporation $NVDA

Key Points

• First National Bank & Trust Co. of Newtown cut its NVIDIA stake by 71.8% in the first quarter, selling 33,875 shares and leaving it with 13,280 shares worth about $2.3 million.
• NVIDIA continues to see strong institutional interest overall, with hedge funds and other investors adjusting positions and institutions owning 65.27% of the stock.
• The company posted robust quarterly results, beating EPS and revenue estimates, while also authorizing an $80 billion share repurchase and raising its quarterly dividend from $0.01 to $0.25.

First National Bank & Trust Co. of Newtown lessened its position in shares of NVIDIA Corporation (NASDAQ:NVDA - Free Report) by 71.8% in the first quarter, according to its most recent filing with the SEC. The firm owned 13,280 shares of the computer hardware maker's stock after selling 33,875 shares during the quarter. First National Bank & Trust Co. of Newtown's holdings in NVIDIA were worth $2,316,000 at the end of the most recent quarter.

Several other hedge funds have also recently added to or reduced their stakes in the company. Diversified Enterprises LLC lifted its position in shares of NVIDIA by 44.2% during the 4th quarter. Diversified Enterprises LLC now owns 127,604 shares of the computer hardware maker's stock valued at $23,798,000 after acquiring an additional 39,129 shares during the period. ASR Vermogensbeheer N.V. raised its holdings in shares of NVIDIA by 1.8% during the fourth quarter. ASR Vermogensbeheer N.V. now owns 3,169,377 shares of the computer hardware maker's stock valued at $591,086,000 after purchasing an additional 54,877 shares during the period. Storen Legacy Partners LLC bought a new position in shares of NVIDIA during the 4th quarter worth about $1,350,000. Weaver Capital Management LLC grew its stake in shares of NVIDIA by 5.5% in the 4th quarter. Weaver Capital Management LLC now owns 85,216 shares of the computer hardware maker's stock valued at $15,893,000 after buying an additional 4,439 shares during the period. Finally, Arrowstreet Capital Limited Partnership increased its position in NVIDIA by 3.6% in the 4th quarter. Arrowstreet Capital Limited Partnership now owns 26,652,420 shares of the computer hardware maker's stock valued at $4,970,704,000 after buying an additional 936,506 shares in the last quarter. Institutional investors own 65.27% of the company's stock.

Trending Headlines about NVIDIA

Here are the key news stories impacting NVIDIA this week:

• Positive Sentiment: NVIDIA expanded Omniverse libraries in Agent Toolkit, strengthening its physical AI and simulation software ecosystem. Article Title
• Positive Sentiment: Bristol Myers Squibb expanded use of NVIDIA systems for drug discovery, highlighting demand beyond traditional tech customers. Article Title
• Positive Sentiment: QumulusAI bought 1,632 Blackwell GPUs, signaling continued strong appetite for NVIDIA’s AI hardware. Article Title
• Neutral Sentiment: Analysts and market commentary continue to frame NVIDIA as a long-term AI winner, but many pieces are mostly valuation-focused rather than new fundamental catalysts. Article Title
• Negative Sentiment: AMD’s Microsoft-backed Helios launch has intensified concerns about competitive pressure in AI data centers. Article Title
• Negative Sentiment: Broader semiconductor selloff and “AI bubble” worries may be capping upside and keeping investors cautious. Article Title

Insider Buying and Selling at NVIDIA

In related news, Director Stephen C. Neal sold 15,500 shares of NVIDIA stock in a transaction dated Wednesday, June 3rd. The stock was sold at an average price of $215.73, for a total value of $3,343,815.00. Following the completion of the sale, the director owned 116,135 shares of the company's stock, valued at approximately $25,053,803.55. This trade represents a 11.77% decrease in their position. The sale was disclosed in a legal filing with the SEC, which can be accessed through this hyperlink. Also, Director John Dabiri sold 625 shares of the business's stock in a transaction dated Wednesday, May 27th. The shares were sold at an average price of $214.00, for a total value of $133,750.00. Following the completion of the sale, the director owned 14,163 shares in the company, valued at $3,030,882. This represents a 4.23% decrease in their ownership of the stock. The disclosure for this sale is available in the SEC filing. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Insiders have sold a total of 1,901,125 shares of company stock worth $410,583,015 over the last ninety days. 3.94% of the stock is currently owned by company insiders.

NVIDIA Trading Up 0.2%

Shares of NVIDIA stock opened at $203.28 on Tuesday. The firm has a market cap of $4.92 trillion, a PE ratio of 31.13, a P/E/G ratio of 0.45 and a beta of 2.21. NVIDIA Corporation has a 1 year low of $164.07 and a 1 year high of $236.54. The company has a debt-to-equity ratio of 0.04, a current ratio of 3.44 and a quick ratio of 2.85. The stock has a fifty day moving average price of $209.31 and a 200-day moving average price of $195.26.

NVIDIA (NASDAQ:NVDA - Get Free Report) last issued its quarterly earnings results on Wednesday, May 20th. The computer hardware maker reported $1.87 earnings per share (EPS) for the quarter, topping the consensus estimate 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 during the quarter, compared to analyst estimates of $78.42 billion. During the same quarter last year, the business posted $0.81 EPS. NVIDIA's quarterly revenue was up 85.2% compared to the same quarter last year. Equities research analysts anticipate that NVIDIA Corporation will post 8.79 EPS for the current year.

NVIDIA announced that its board has initiated a stock repurchase plan on Wednesday, May 20th that allows the company to repurchase $80.00 billion in outstanding shares. This repurchase authorization allows the computer hardware maker to buy up to 1.5% of its shares through open market purchases. Shares repurchase plans are typically an indication that the company's leadership believes its stock is undervalued.

NVIDIA Increases Dividend

The company also recently announced a quarterly dividend, which was paid on Friday, June 26th. Shareholders of record on Thursday, June 4th were given a $0.25 dividend. 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 0.5%. The ex-dividend date of this dividend was Thursday, June 4th. NVIDIA's dividend payout ratio (DPR) is 15.31%.

Analyst Upgrades and Downgrades

NVDA has been the topic of several recent research reports. BTIG Research started coverage on NVIDIA in a report on Wednesday, April 15th. They issued a "buy" rating on the stock. Itau BBA Securities decreased their price objective on NVIDIA from $256.00 to $218.00 in a report on Wednesday, June 24th. Cantor Fitzgerald reaffirmed an "overweight" rating and set a $350.00 target price on shares of NVIDIA in a research report on Thursday, May 21st. Royal Bank Of Canada set a $280.00 price target on shares of NVIDIA in a research report on Thursday, May 21st. Finally, DA Davidson restated a "buy" rating and set a $300.00 price target on shares of NVIDIA in a research note on Monday, June 1st. Two investment analysts have rated the stock with a Strong Buy rating, forty-eight have assigned a Buy rating and three have assigned a Hold rating to the company. According to data from MarketBeat, NVIDIA has an average rating of "Moderate Buy" and a consensus target price of $304.26.

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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