NVIDIA Corporation $NVDA Shares Sold by Coastline Trust Co

Key Points

• Coastline Trust Co. reduced its NVIDIA stake by 4.7% in the third quarter, selling 21,415 shares and retaining 433,372 shares worth approximately $99.0 billion. NVIDIA remains the trust’s largest holding, representing 9.2% of its portfolio.
• NVIDIA reported quarterly revenue of $96.22 billion, up 105.9% year over year, and earnings of $2.22 per share, exceeding analyst expectations. The company also authorized a $150 billion share-repurchase program.
• Analyst sentiment remains broadly positive, with a consensus “Buy” rating and an average price target of $321.47, although concerns include rising competition, heavy AI infrastructure spending and potential funding pressure among data-center customers.

Coastline Trust Co cut its holdings in shares of NVIDIA Corporation (NASDAQ:NVDA - Free Report) by 4.7% in the 3rd quarter, according to the company in its most recent filing with the Securities and Exchange Commission (SEC). The fund owned 433,372 shares of the computer hardware maker's stock after selling 21,415 shares during the quarter. NVIDIA makes up 9.2% of Coastline Trust Co's investment portfolio, making the stock its largest holding. Coastline Trust Co's holdings in NVIDIA were worth $98,973,000 as of its most recent SEC filing.

A number of other hedge funds also recently made changes to their positions in the business. Jupiter Topco LLC purchased a new stake in NVIDIA during the second quarter worth about $16,156,076,000. Van ECK Associates Corp raised its position in NVIDIA by 34.7% in the second quarter. Van ECK Associates Corp now owns 75,849,721 shares of the computer hardware maker's stock worth $15,176,771,000 after acquiring an additional 19,522,304 shares during the period. State Street Corp boosted its stake in NVIDIA by 1.6% in the second quarter. State Street Corp now owns 1,009,783,437 shares of the computer hardware maker's stock valued at $202,047,568,000 after acquiring an additional 15,897,836 shares during the last quarter. Amundi boosted its stake in NVIDIA by 10.4% in the first quarter. Amundi now owns 133,768,018 shares of the computer hardware maker's stock valued at $23,329,141,000 after acquiring an additional 12,575,177 shares during the last quarter. Finally, Nykredit A S purchased a new position in NVIDIA in the second quarter valued at about $2,315,956,000. 65.27% of the stock is currently owned by institutional investors.

NVIDIA Price Performance

Shares of NASDAQ:NVDA opened at $210.96 on Monday. 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 firm has a market capitalization of $5.08 trillion, a PE ratio of 26.67, a P/E/G ratio of 1.62 and a beta of 2.22. NVIDIA Corporation has a twelve month low of $164.27 and a twelve month high of $243.37. The company has a 50-day moving average price of $222.58 and a two-hundred day moving average price of $212.80.

NVIDIA (NASDAQ:NVDA - Get Free Report) last posted its earnings results on Wednesday, August 26th. The computer hardware maker reported $2.22 earnings per share for the quarter, topping the consensus estimate of $2.09 by $0.13. NVIDIA had a net margin of 63.66% and a return on equity of 96.04%. The firm had revenue of $96.22 billion during the quarter, compared to the consensus estimate of $92.27 billion. During the same quarter last year, the company earned $1.05 earnings per share. The company's revenue was up 105.9% on a year-over-year basis. Equities analysts forecast that NVIDIA Corporation will post 9.30 EPS for the current year.

NVIDIA announced that its board has initiated a share repurchase plan on Monday, September 28th that authorizes the company to buy back $150.00 billion in shares. This buyback authorization authorizes the computer hardware maker to reacquire up to 2.8% of its stock through open market purchases. Stock buyback plans are generally an indication that the company's leadership believes its shares are undervalued.

NVIDIA Announces Dividend

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

Insider Activity at NVIDIA

In related news, Director Mark Stevens sold 622,239 shares of NVIDIA stock in a transaction that occurred on Friday, September 4th. The shares were sold at an average price of $231.62, for a total value of $144,122,997.18. Following the completion of the transaction, the director directly owned 2,336,531 shares in the company, valued at approximately $541,187,310.22. The trade was a 21.03% decrease in their position. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is accessible through this hyperlink. Also, CFO Colette Kress sold 34,918 shares of the business'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 sale, the chief financial officer directly owned 765,103 shares in the company, valued at $167,595,812.15. The trade was a 4.36% 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. In the last ninety days, insiders sold 1,766,118 shares of company stock worth $399,450,353. Corporate insiders own 3.94% of the company's stock.

Analyst Ratings Changes

A number of research firms have recently weighed in on NVDA. BMO Capital Markets set a $340.00 target price on shares of NVIDIA and gave the company an "outperform" rating in a research report on Thursday, August 20th. Phillip Securities lifted their price target on shares of NVIDIA from $285.00 to $300.00 and gave the stock a "buy" rating in a report on Monday, August 31st. Weiss Ratings upgraded NVIDIA from a "buy (b)" rating to a "buy (b+)" rating in a research note on Friday, October 16th. BNP Paribas Exane reiterated an "outperform" rating and issued a $345.00 price objective on shares of NVIDIA in a research note on Monday, October 5th. Finally, Sanford C. Bernstein reissued a "buy" rating on shares of NVIDIA in a report on Monday, September 21st. Five investment analysts have rated the stock with a Strong Buy rating, forty-nine have given a Buy rating and one has assigned a Hold rating to the stock. According to MarketBeat.com, NVIDIA has a consensus rating of "Buy" and an average target price of $321.47.

Key Stories Impacting NVIDIA

Here are the key news stories impacting NVIDIA this week:

• Positive Sentiment: Several investment analyses remain bullish on NVIDIA’s long-term outlook. Its CUDA software ecosystem, scale, high margins and deep customer relationships are viewed as a stronger moat than competitors such as Broadcom and Lam Research. Some analysts believe the shares could still double over the next five to 10 years even if growth moderates. Prediction: Nvidia Will Outperform Broadcom Over the Next 5 Years
• Positive Sentiment: NVIDIA is broadening its opportunity beyond GPUs through CPUs, networking, AI factories, industrial AI, autonomous driving and quantum-computing interfaces. Partnerships involving Pony.ai, inDrive, Schneider Electric and HPE could support additional demand for its full-stack platform. Pony AI, NVIDIA Take Their Robotaxi Ambitions to a New Market
• Positive Sentiment: Erste Group modestly raised its fiscal 2027 and 2028 EPS forecasts, while other commentary highlights NVIDIA’s faster growth, stronger margins and relatively attractive valuation compared with some AI semiconductor peers. Brokers Suggest Investing in Nvidia
• Neutral Sentiment: Some analysts argue NVIDIA may become a relative “safe haven” within the AI trade because of its dependable earnings and dominant position, but this is an investor-rotation thesis rather than a new financial result or confirmed catalyst. Can Nvidia's Stock Become a Safe Haven?
• Negative Sentiment: Seaport Research reiterated a bearish view, citing mounting competition, strategic tension in NVIDIA’s business and substantial financial commitments tied to the AI buildout. This bearish call is the clearest company-specific pressure on the shares. Two Critical Nvidia Stock Flaws
• Negative Sentiment: The recent decline reflects broader concern that hyperscalers and neocloud operators may struggle to finance the hundreds of billions of dollars required for AI data centers. High borrowing costs, funding gaps and possible customer spending discipline are pressuring the entire AI trade, including NVIDIA. Why Nvidia Stock Is Down Over 4%?

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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