NVIDIA Corporation $NVDA Shares Sold by Glenview Trust Co

Key Points

• Glenview Trust trimmed its NVIDIA stake by 0.5% in the second quarter, selling 16,700 shares but retaining 3.11 million shares worth approximately $622.3 million. Institutional investors own about 65.3% of NVIDIA.
• Insider selling has been significant: company insiders sold 1.77 million shares valued at roughly $399.5 million over the past three months, including large sales by Director Mark A. Stevens and EVP Timothy S. Teter under a Rule 10b5-1 plan.
• NVIDIA reported quarterly revenue of $96.22 billion and EPS of $2.22, exceeding analyst estimates, while analysts maintain an overall “Buy” rating with an average price target of $321.89. Growth prospects from Vera Rubin and AI infrastructure remain strong, but China market-share losses, custom-chip competition and valuation risks are key concerns.

Glenview Trust Co trimmed its stake in NVIDIA Corporation (NASDAQ:NVDA - Free Report) by 0.5% in the second quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission. The firm owned 3,110,295 shares of the computer hardware maker's stock after selling 16,700 shares during the quarter. NVIDIA comprises about 5.9% of Glenview Trust Co's holdings, making the stock its 3rd biggest position. Glenview Trust Co's holdings in NVIDIA were worth $622,339,000 as of its most recent filing with the Securities and Exchange Commission.

Other hedge funds and other institutional investors have also recently bought and sold shares of the company. Boyd Wealth Management LLC grew its position 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 valued at $1,830,000 after purchasing an additional 6,696 shares during the period. Ally Financial Inc. increased its stake in NVIDIA by 10.3% during the 2nd quarter. Ally Financial Inc. now owns 172,000 shares of the computer hardware maker's stock valued at $34,415,000 after purchasing an additional 16,000 shares in the last quarter. Altshuler Shaham Ltd increased its stake in NVIDIA by 6,451.9% during the 1st quarter. Altshuler Shaham Ltd now owns 637,236 shares of the computer hardware maker's stock valued at $111,134,000 after purchasing an additional 627,510 shares in the last quarter. Storen Legacy Partners LLC bought a new stake in NVIDIA during the 4th quarter valued at $1,350,000. Finally, Baker Tilly Wealth Management LLC raised its holdings in 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 buying an additional 4,958 shares during the last quarter. 65.27% of the stock is owned by institutional investors.

Key Headlines Impacting NVIDIA

Here are the key news stories impacting NVIDIA this week:

• Positive Sentiment: Vera Rubin and AI infrastructure momentum: NVIDIA has begun production of its next-generation Vera Rubin platform, which could support another major growth cycle as hyperscalers increase AI capital spending. Analysts see substantial upside if the ramp proceeds smoothly. NVIDIA Begins Vera Rubin Production
• Positive Sentiment: Networking expansion: NVIDIA and Cisco announced a planned 400Gb/s-per-lane Ultra-Dense Small Form Factor Pluggable optical module. The technology is designed to increase AI-factory bandwidth, improve power efficiency and strengthen NVIDIA’s position across the broader data-center stack. NVIDIA and Cisco Announce USFP
• Positive Sentiment: Additional demand and strategic investments: Scaleway plans an NVIDIA-powered computing site in Copenhagen, while NVIDIA is reportedly considering a minority investment in French healthcare platform Doctolib. Investors are also highlighting NVIDIA’s exceptional profit margins, large buyback authorization and potential software exposure through investments in AI companies.
• Neutral Sentiment: New ecosystem opportunities: NVIDIA-backed AI infrastructure partners, including Navitas, Bitdeer and oil-and-gas customers, continue developing NVIDIA-based systems. These announcements reinforce demand but may take time to produce material revenue for NVIDIA.
• Negative Sentiment: China market-share erosion: IDC reportedly estimates NVIDIA’s share of China’s AI-chip market has fallen to 34% as Huawei gains ground. Export restrictions and the possibility of permanently lower China data-center sales remain significant overhangs. NVIDIA China AI Chip Market Share Falls
• Negative Sentiment: Customer competition is increasing: Microsoft is preparing to rely more heavily on its own Maia chips for AI inference, raising concerns that custom silicon could reduce demand for NVIDIA GPUs among major cloud customers. Intel’s new inference-focused GPU also targets cost- and power-conscious buyers.
• Negative Sentiment: Valuation and funding concerns: Recent semiconductor weakness, profit-taking and warnings about an AI spending bubble have pressured the group. Firmus’s canceled IPO may signal tighter financing conditions for AI data-center projects, while elevated valuation expectations leave NVIDIA vulnerable if hyperscaler spending or product execution disappoints.

Insider Activity

In related news, EVP Timothy S. Teter sold 30,460 shares of NVIDIA stock in a transaction that occurred on Monday, September 21st. The shares were sold at an average price of $222.80, for a total value of $6,786,488.00. Following the sale, the executive vice president owned 2,687,660 shares of the company's stock, valued at approximately $598,810,648. The trade was a 1.12% decrease in their position. The transaction was disclosed in a document filed with the SEC, which can be accessed through this hyperlink. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Also, Director Mark A. Stevens sold 622,239 shares of the company's 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 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. Additional details regarding this sale are available in the official SEC disclosure. Insiders sold 1,766,118 shares of company stock valued at $399,450,353 in the last three months. Company insiders own 3.94% of the company's stock.

Analyst Upgrades and Downgrades

A number of research analysts have weighed in on NVDA shares. Melius Research set a $420.00 price objective on shares of NVIDIA in a research note on Thursday, August 27th. Raymond James Financial set a $515.00 price objective on shares of NVIDIA and gave the company a "strong-buy" rating in a report on Thursday, August 27th. Stifel Nicolaus set a $315.00 target price on shares of NVIDIA in a research report on Thursday, August 27th. Evercore set a $465.00 target price on shares of NVIDIA and gave the stock an "outperform" rating in a report on Thursday, August 27th. Finally, Itau BBA Securities dropped their price target on shares of NVIDIA from $256.00 to $218.00 in a research report on Wednesday, June 24th. Five equities research 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's stock. Based on data from MarketBeat, the stock presently has an average rating of "Buy" and an average price target of $321.89.

NVIDIA Trading Up 1.0%

NASDAQ NVDA opened at $228.52 on Wednesday. The stock has a market capitalization of $5.51 trillion, a price-to-earnings ratio of 28.89, a PEG ratio of 1.75 and a beta of 2.22. NVIDIA Corporation has a one year low of $164.27 and a one year high of $243.37. The company has a debt-to-equity ratio of 0.14, a current ratio of 4.59 and a quick ratio of 3.85. The business's fifty day moving average is $223.39 and its 200-day moving average is $210.37.

NVIDIA (NASDAQ:NVDA - Get Free Report) last issued its quarterly earnings results on Wednesday, August 26th. The computer hardware maker reported $2.22 earnings per share for the quarter, topping analysts' consensus estimates of $2.09 by $0.13. The company had revenue of $96.22 billion for the quarter, compared to the consensus estimate of $92.27 billion. NVIDIA had a net margin of 63.66% and a return on equity of 96.04%. The firm's quarterly revenue was up 105.9% on a year-over-year basis. During the same period in the previous year, the firm earned $1.05 EPS. Equities research analysts predict that NVIDIA Corporation will post 9.25 EPS for the current year.

NVIDIA declared that its board has authorized a stock repurchase program on Monday, September 28th that permits the company to repurchase $150.00 billion in outstanding shares. This buyback authorization permits the computer hardware maker to repurchase up to 2.8% of its stock through open market purchases. Stock buyback programs are generally a sign that the company's leadership believes its shares are undervalued.

NVIDIA Dividend Announcement

The business also recently announced a quarterly dividend, which was paid on Thursday, October 1st. Stockholders of record on Thursday, September 10th were given a dividend of $0.25 per share. This represents a $1.00 dividend on an annualized basis and a dividend yield of 0.4%. The ex-dividend date of this dividend was Thursday, September 10th. NVIDIA's dividend payout ratio is currently 12.64%.

NVIDIA Company Profile

NVIDIA Corporation is a technology company that designs accelerated computing platforms, graphics processing units (GPUs), central processing units (CPUs), networking products and related software. Its technologies are used in artificial intelligence, data centers, scientific and technical computing, gaming, professional visualization, automotive systems and robotics.

The company's products include GeForce GPUs and gaming software, data center computing platforms, networking solutions, and enterprise software for AI development and deployment.

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