NVIDIA Corporation $NVDA Shares Purchased by First Financial Bank Trust Division

Key Points

• First Financial Bank Trust Division increased its NVIDIA stake by 5.1% in the third quarter, bringing its holdings to 91,955 shares valued at approximately $21 million. Institutional investors and hedge funds own 65.27% of NVIDIA’s outstanding stock.
• NVIDIA reported quarterly earnings of $2.22 per share, beating estimates of $2.09, while revenue rose 105.9% year over year to $96.22 billion. The company also authorized a $150 billion share-repurchase program and maintains a $1.00 annualized dividend.
• Analyst sentiment remains strongly positive, with a consensus “Buy” rating and an average price target of $321.47, although risks include infrastructure bottlenecks, credit-market pressure affecting data-center construction and competition from custom AI chips.

First Financial Bank Trust Division increased its stake in NVIDIA Corporation (NASDAQ:NVDA - Free Report) by 5.1% in the third quarter, according to its most recent 13F filing with the Securities & Exchange Commission. The institutional investor owned 91,955 shares of the computer hardware maker's stock after purchasing an additional 4,471 shares during the period. NVIDIA accounts for about 1.6% of First Financial Bank Trust Division's portfolio, making the stock its 15th largest position. First Financial Bank Trust Division's holdings in NVIDIA were worth $21,001,000 as of its most recent filing with the Securities & Exchange Commission.

A number of other institutional investors also recently bought and sold shares of the stock. Montgomery Financial Services LLC acquired a new stake in NVIDIA during the 2nd quarter worth about $28,000. Longview Financial Advisors Inc. purchased a new stake in NVIDIA during the 1st quarter valued at about $27,000. Phillip James Consulting Co. acquired a new position in shares of NVIDIA in the first quarter valued at about $40,000. Bard Associates Inc. increased its holdings in shares of NVIDIA by 8,866.7% in the second quarter. Bard Associates Inc. now owns 269 shares of the computer hardware maker's stock valued at $54,000 after purchasing an additional 266 shares during the period. Finally, Frankly Finances LLC acquired a new position in shares of NVIDIA in the second quarter valued at about $60,000. 65.27% of the stock is currently owned by institutional investors and hedge funds.

NVIDIA Price Performance

NVIDIA stock opened at $216.00 on Tuesday. The stock has a market capitalization of $5.21 trillion, a P/E ratio of 27.31, a P/E/G ratio of 1.62 and a beta of 2.22. The company's fifty day moving average price is $222.48 and its 200 day moving average price is $203.56. The company has a debt-to-equity ratio of 0.14, a quick ratio of 3.85 and a current ratio of 4.59. NVIDIA Corporation has a 1 year low of $164.27 and a 1 year high of $243.37.

NVIDIA (NASDAQ:NVDA - Get Free Report) last announced its earnings results on Wednesday, August 26th. The computer hardware maker reported $2.22 EPS for the quarter, beating analysts' consensus estimates 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 during the quarter, compared to analysts' expectations of $92.27 billion. During the same quarter in the prior year, the firm earned $1.05 earnings per share. The business's revenue was up 105.9% compared to the same quarter last year. As a group, equities research analysts anticipate that NVIDIA Corporation will post 9.30 earnings per share for the current fiscal year.

NVIDIA Announces Dividend

The company also recently disclosed a quarterly dividend, which was paid on Thursday, October 1st. Investors of record on Thursday, September 10th were paid a $0.25 dividend. This represents a $1.00 annualized dividend and a yield of 0.5%. The ex-dividend date of this dividend was Thursday, September 10th. NVIDIA's dividend payout ratio is currently 12.64%.

NVIDIA announced that its board has initiated a share repurchase plan on Monday, September 28th that authorizes the company to repurchase $150 billion in shares. This repurchase authorization authorizes the computer hardware maker to purchase up to 2.8% of its shares through open market purchases. Stock repurchase plans are usually a sign that the company's board believes its stock is undervalued.

NVIDIA News Roundup

Here are the key news stories impacting NVIDIA this week:

• Positive Sentiment: SpaceX reportedly committed up to $40 billion in financing for NVIDIA’s Vera Rubin processors, with deliveries expected in 2027. SpaceX’s plans to build at least 10 gigawatts of computing capacity could create substantial long-term demand for NVIDIA hardware. Elon Musk and SpaceX Just Delivered Incredible News to Nvidia
• Positive Sentiment: Anthropic’s IPO filing highlighted approximately $224.5 billion in non-cancelable compute agreements with Amazon and Alphabet. The commitments reinforce expectations for sustained hyperscaler spending on NVIDIA GPUs and other AI infrastructure, despite Anthropic’s reported accounting-driven loss. Anthropic's IPO Filing Reveals a Massive Opportunity for AI Infrastructure Giants
• Positive Sentiment: Demand indicators remain strong: GPU rental prices have risen sharply, including for older chips, while NVIDIA is expanding beyond data centers through a self-driving partnership with Mercedes-Benz and an industrial AI collaboration with Honeywell and Dell. Nvidia Just Doubled Down on Self-Driving Cars With Mercedes
• Neutral Sentiment: Analyst sentiment remains overwhelmingly bullish, with reports citing a 98% buy-rating rate and continued confidence in NVIDIA’s triple-digit revenue growth. However, the shares remain below their 50-day moving average while trading above the 200-day average, reflecting both strong long-term momentum and near-term volatility.
• Negative Sentiment: Credit-market pressure could slow AI data-center construction and reduce GPU purchases by highly leveraged neocloud operators. Analysts also warn of infrastructure bottlenecks, while Broadcom’s custom AI chips and open Ethernet alternatives could gradually challenge NVIDIA’s ecosystem and InfiniBand position. Seaport Reiterates Sell Rating On Nvidia Stock Over Data Center Infrastructure Bottlenecks

Wall Street Analyst Weigh In

Several research analysts have recently issued reports on the company. Daiwa Securities Group reduced their price objective on NVIDIA from $255.00 to $245.00 and set an "outperform" rating for the company in a research note on Thursday, September 17th. President Capital upped their target price on NVIDIA from $295.00 to $330.00 in a research report on Thursday, August 27th. Sanford C. Bernstein reiterated a "buy" rating on shares of NVIDIA in a report on Monday, September 21st. Weiss Ratings upgraded shares of NVIDIA from a "buy (b)" rating to a "buy (b+)" rating in a report on Friday, October 16th. Finally, Royal Bank Of Canada raised their price target on shares of NVIDIA from $300.00 to $330.00 and gave the stock an "outperform" rating in a research report on Thursday, August 27th. Five analysts have rated the stock with a Strong Buy rating, forty-nine have given a Buy rating and one has issued a Hold rating to the company. Based on data from MarketBeat.com, the company presently has a consensus rating of "Buy" and a consensus target price of $321.47.

Insider Buying and Selling at NVIDIA

In other news, CFO Colette Kress sold 34,918 shares of the company's stock in a transaction on 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 completion of 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 ownership of the stock. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is available through this hyperlink. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Also, EVP Timothy S. Teter sold 30,460 shares of the company's stock in a transaction on Monday, September 21st. The stock was sold at an average price of $222.80, for a total transaction of $6,786,488.00. Following the sale, the executive vice president directly owned 2,687,660 shares of the company's stock, valued at $598,810,648. The trade was a 1.12% decrease in their position. Additional details regarding this sale are available in the official SEC disclosure. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. In the last 90 days, insiders have sold 1,766,118 shares of company stock worth $399,450,353. Corporate insiders own 3.94% of the company's stock.

About NVIDIA

NVIDIA Corporation NASDAQ: NVDA is a technology company that designs graphics processing units (GPUs), accelerated computing platforms, networking products and related software. Its technologies support artificial intelligence, machine learning, scientific computing, data analytics, professional visualization and computer graphics.

The company's products include GeForce GPUs for gaming and personal computing, data center GPUs and systems for AI and high-performance computing, and networking solutions used to connect and manage large-scale computing infrastructure.

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