NVIDIA Corporation $NVDA Shares Sold by Caldwell Trust Co

Key Points

• Caldwell Trust Co trimmed its NVIDIA stake by 3.2% in the fourth quarter, selling 10,682 shares and leaving it with 323,722 shares valued at about $60.4 million.
• NVIDIA continues to draw strong analyst support, with several firms raising price targets and the consensus rating remaining Buy with an average target of $298.58.
• The company posted a strong quarterly beat, reporting $1.87 EPS on $81.62 billion in revenue, and also announced an $80 billion share buyback plus a much larger quarterly dividend.

Caldwell Trust Co decreased its holdings in shares of NVIDIA Corporation (NASDAQ:NVDA - Free Report) by 3.2% in the 4th quarter, according to its most recent 13F filing with the SEC. The fund owned 323,722 shares of the computer hardware maker's stock after selling 10,682 shares during the period. NVIDIA makes up 5.4% of Caldwell Trust Co's holdings, making the stock its 2nd largest position. Caldwell Trust Co's holdings in NVIDIA were worth $60,374,000 as of its most recent SEC filing.

A number of other institutional investors have also made changes to their positions in the stock. Joule Financial LLC grew its position in shares of NVIDIA by 2.2% during the 3rd quarter. Joule Financial LLC now owns 2,308 shares of the computer hardware maker's stock worth $431,000 after buying an additional 50 shares during the period. Presidio Capital Management LLC raised its position in shares of NVIDIA by 0.4% in the 4th quarter. Presidio Capital Management LLC now owns 15,137 shares of the computer hardware maker's stock valued at $2,823,000 after acquiring an additional 53 shares during the period. Vision Financial Markets LLC boosted its stake 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 acquiring an additional 53 shares during the last quarter. IMG Wealth Management Inc. boosted its stake in NVIDIA by 1.4% during the 3rd quarter. IMG Wealth Management Inc. now owns 3,820 shares of the computer hardware maker's stock worth $713,000 after acquiring an additional 54 shares during the last quarter. Finally, Cyr Financial Inc. grew its holdings in NVIDIA by 0.7% during the third quarter. Cyr Financial Inc. now owns 7,737 shares of the computer hardware maker's stock valued at $1,444,000 after purchasing an additional 54 shares during the period. 65.27% of the stock is owned by institutional investors and hedge funds.

Analysts Set New Price Targets

NVDA has been the topic of a number of recent analyst reports. Argus lifted their price target on shares of NVIDIA from $220.00 to $270.00 and gave the stock a "buy" rating in a research report on Thursday. Weiss Ratings restated a "buy (b)" rating on shares of NVIDIA in a research report on Friday, April 10th. Sanford C. Bernstein reiterated an "outperform" rating on shares of NVIDIA in a report on Thursday. Rosenblatt Securities reissued a "buy" rating and issued a $325.00 target price on shares of NVIDIA in a research note on Thursday. Finally, Mizuho set a $300.00 price target on NVIDIA in a report on Thursday. Four analysts have rated the stock with a Strong Buy rating, forty-eight have issued a Buy rating and two have given a Hold rating to the company's stock. Based on data from MarketBeat, NVIDIA has an average rating of "Buy" and a consensus target price of $298.58.

NVIDIA Stock Down 1.8%

NVDA stock opened at $219.51 on Friday. The company has a debt-to-equity ratio of 0.05, a current ratio of 3.91 and a quick ratio of 3.24. The stock has a market capitalization of $5.32 trillion, a P/E ratio of 33.62, a P/E/G ratio of 0.69 and a beta of 2.25. NVIDIA Corporation has a fifty-two week low of $129.16 and a fifty-two week high of $236.54. The business has a 50-day moving average of $195.51 and a 200-day moving average of $188.87.

NVIDIA (NASDAQ:NVDA - Get Free Report) last announced its earnings results on Wednesday, May 20th. The computer hardware maker reported $1.87 earnings per share (EPS) for the quarter, beating analysts' consensus estimates of $1.76 by $0.11. NVIDIA had a return on equity of 110.48% and a net margin of 62.97%.The business had revenue of $81.62 billion for the quarter, compared to analyst estimates of $78.42 billion. During the same quarter last year, the firm earned $0.81 EPS. NVIDIA's revenue for the quarter was up 85.2% compared to the same quarter last year. On average, sell-side analysts anticipate that NVIDIA Corporation will post 7.89 earnings per share for the current fiscal year.

NVIDIA Increases Dividend

The firm also recently announced a quarterly dividend, which will be paid on Friday, June 26th. Investors of record on Thursday, June 4th will be given a $0.25 dividend. This represents a $1.00 dividend on an annualized basis and a yield of 0.5%. This is an increase from NVIDIA's previous quarterly dividend of $0.01. The ex-dividend date of this dividend is Thursday, June 4th. NVIDIA's payout ratio is 0.82%.

NVIDIA declared that its Board of Directors has authorized a share buyback program on Wednesday, May 20th that permits the company to buyback $80.00 billion in outstanding shares. This buyback authorization permits the computer hardware maker to repurchase up to 1.5% of its stock through open market purchases. Stock buyback programs are typically an indication that the company's management believes its shares are undervalued.

NVIDIA News Summary

Here are the key news stories impacting NVIDIA this week:

• Positive Sentiment: Record revenue, earnings and cash flow, plus a major beat in data center sales, reinforce NVIDIA’s AI leadership and suggest demand remains very strong.
• Positive Sentiment: The $80 billion buyback and much higher dividend signal management confidence and should support shareholder returns.
• Positive Sentiment: Multiple analysts raised price targets after the report, reflecting continued Wall Street optimism about NVDA’s long-term growth. Article Title
• Neutral Sentiment: Management’s new outlook excludes China data-center revenue, which leaves some uncertainty around a key growth market.
• Neutral Sentiment: The stock had already run up sharply into earnings, so the market may be using the report as a chance to take profits or wait for even more upside from next-generation Vera Rubin products.
• Negative Sentiment: Investor expectations were so high that even a blockbuster quarter failed to spark a rally, suggesting the stock may be priced for perfection and vulnerable to near-term volatility.

Insider Transactions at NVIDIA

In other NVIDIA news, EVP Ajay K. Puri sold 300,000 shares of the business's stock in a transaction dated Wednesday, March 18th. The shares were sold at an average price of $182.25, for a total transaction of $54,675,000.00. Following the sale, the executive vice president directly owned 3,018,547 shares of the company's stock, valued at $550,130,190.75. The trade was a 9.04% decrease in their position. The sale was disclosed in a filing with the SEC, which is available through this link. Also, Director John Dabiri sold 3,004 shares of the firm's stock in a transaction dated Friday, March 13th. The shares were sold at an average price of $184.90, for a total value of $555,439.60. Following the completion of the transaction, the director owned 14,788 shares of the company's stock, valued at $2,734,301.20. The trade was a 16.88% decrease in their position. The disclosure for this sale is available in the SEC filing. In the last ninety days, insiders sold 906,336 shares of company stock worth $162,802,518. 4.17% of the stock is owned by insiders.

About NVIDIA

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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