NVIDIA Corporation $NVDA Shares Sold by Midwest Trust Co

Key Points

• Midwest Trust Co. reduced its NVIDIA position by 1.7% in the second quarter, selling 29,012 shares and retaining 1.727 million shares valued at approximately $345.6 million. NVIDIA remains the trust’s fourth-largest holding and represents about 3.9% of its portfolio.
• Analysts remain broadly bullish: 54 analysts rate NVIDIA a Buy or Strong Buy, with a consensus price target of $324.14. The company also reported quarterly revenue of $96.22 billion, up 105.9% year over year, and beat earnings expectations.
• Insiders have sold 1.77 million NVIDIA shares worth roughly $399.5 million over the past three months, including significant sales by Director Mark Stevens and EVP Timothy Teter. Meanwhile, strong AI demand and progress on next-generation Vera Rubin systems support the company’s growth outlook, though higher yields, memory costs and valuation remain risks.

Midwest Trust Co decreased its position in shares of NVIDIA Corporation (NASDAQ:NVDA - Free Report) by 1.7% during the 2nd quarter, according to the company in its most recent filing with the SEC. The institutional investor owned 1,727,000 shares of the computer hardware maker's stock after selling 29,012 shares during the quarter. NVIDIA makes up approximately 3.9% of Midwest Trust Co's holdings, making the stock its 4th largest holding. Midwest Trust Co's holdings in NVIDIA were worth $345,555,000 as of its most recent filing with the SEC.

Other hedge funds have also recently bought and sold shares of the company. Sacks & Associates LLC acquired a new stake in shares of NVIDIA in the 2nd quarter valued at $3,147,000. R Squared Ltd boosted its holdings in NVIDIA by 802.8% in the second quarter. R Squared Ltd now owns 18,057 shares of the computer hardware maker's stock valued at $3,613,000 after acquiring an additional 16,057 shares during the last quarter. Amitell Capital Pte Ltd boosted its holdings in NVIDIA by 1,078.9% in the second quarter. Amitell Capital Pte Ltd now owns 33,727 shares of the computer hardware maker's stock valued at $6,748,000 after acquiring an additional 30,866 shares during the last quarter. 111 Capital increased its position in NVIDIA by 2.6% in the second quarter. 111 Capital now owns 134,888 shares of the computer hardware maker's stock worth $26,990,000 after purchasing an additional 3,396 shares during the period. Finally, Rollins Financial Advisors LLC raised its holdings in NVIDIA by 3.5% during the 2nd quarter. Rollins Financial Advisors LLC now owns 43,670 shares of the computer hardware maker's stock worth $8,738,000 after purchasing an additional 1,497 shares during the last quarter. 65.27% of the stock is currently owned by institutional investors.

Wall Street Analysts Forecast Growth

NVDA has been the topic of a number of research reports. Benchmark restated a "buy" rating and set a $335.00 target price on shares of NVIDIA in a research report on Thursday, August 27th. Royal Bank Of Canada boosted their price target on shares of NVIDIA from $300.00 to $330.00 and gave the stock an "outperform" rating in a research note on Thursday, August 27th. Mizuho set a $315.00 price objective on shares of NVIDIA and gave the company an "outperform" rating in a report on Thursday, August 27th. TD Cowen reaffirmed a "buy" rating on shares of NVIDIA in a research note on Tuesday, August 18th. Finally, Citigroup reaffirmed a "buy" rating and set a $315.00 target price (up from $300.00) on shares of NVIDIA in a report on Thursday, August 27th. Four research analysts have rated the stock with a Strong Buy rating, fifty have given a Buy rating and one has issued a Hold rating to the company's stock. According to data from MarketBeat.com, NVIDIA has an average rating of "Buy" and a consensus price target of $324.14.

Insider Buying and Selling

In other NVIDIA news, Director Mark Stevens sold 622,239 shares of the firm'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 transaction of $144,122,997.18. Following the sale, the director directly owned 2,336,531 shares in the company, valued at approximately $541,187,310.22. This trade represents a 21.03% decrease in their position. The sale was disclosed in a filing with the SEC, which is accessible through this link. Also, EVP Timothy 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 transaction of $6,786,488.00. Following the completion of the transaction, the executive vice president directly owned 2,687,660 shares in the company, valued at approximately $598,810,648. The trade was a 1.12% decrease in their position. The disclosure for this sale is available in the SEC filing. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. In the last three months, insiders sold 1,766,118 shares of company stock valued at $399,450,353. 3.94% of the stock is owned by corporate insiders.

NVIDIA News Summary

Here are the key news stories impacting NVIDIA this week:

• Positive Sentiment: AI demand remains exceptionally strong. Commentary indicates NVIDIA’s management sees a path to roughly 70% revenue growth in fiscal 2028, well above the approximately 45% previously modeled by analysts. This suggests hyperscaler spending and demand for NVIDIA’s accelerated-computing systems may remain robust for longer than expected. NVIDIA demand growth article
• Positive Sentiment: The Vera Rubin rollout is progressing, with Super Micro Computer reportedly shipping liquid-cooled NVL72 racks for customer deployments. Successful system integration supports NVIDIA’s next-generation sales cycle and reinforces demand for related data-center infrastructure. Vera Rubin shipment article
• Positive Sentiment: Sanford C. Bernstein reaffirmed its “Buy” rating, while other research coverage continues to favor NVIDIA over competing AI-chip stocks because of its faster growth, stronger margins and broader hardware, networking and software ecosystem. NVIDIA versus Marvell analysis
• Neutral Sentiment: NVIDIA’s reported agreement to acquire Hugging Face for nearly $13 billion would expand its access to AI models, developers, datasets and distribution. The strategic benefits could be significant, but the deal’s high price relative to Hugging Face’s reported revenue creates execution and valuation risk. Hugging Face acquisition analysis
• Negative Sentiment: Higher Treasury yields are making expensive technology stocks less attractive and increasing the risk of valuation compression. This macro pressure was the clearest reason for weakness across NVIDIA and other semiconductor shares. Semiconductor stocks and Treasury yields
• Negative Sentiment: Management expects higher memory costs to pressure gross margins, indicating that pricing power is shifting toward memory and optical-networking suppliers. NVIDIA also faces scrutiny from large insider sales, including an approximately $6.8 million Rule 10b5-1 sale by EVP Timothy Teter, although the transaction was prearranged. NVIDIA insider sale

NVIDIA Stock Performance

Shares of NVIDIA stock opened at $224.58 on Friday. The company has a market capitalization of $5.41 trillion, a PE ratio of 28.39, a PEG ratio of 1.77 and a beta of 2.22. NVIDIA Corporation has a 12 month low of $164.27 and a 12 month high of $236.54. The company has a current ratio of 4.59, a quick ratio of 3.85 and a debt-to-equity ratio of 0.14. The stock's fifty day simple moving average is $216.08 and its 200 day simple moving average is $205.72.

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 (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 firm had revenue of $96.22 billion during the quarter, compared to analysts' expectations of $92.27 billion. During the same period in the previous year, the firm earned $1.05 earnings per share. The company's revenue was up 105.9% on a year-over-year basis. On average, research analysts predict that NVIDIA Corporation will post 9.25 EPS for the current year.

NVIDIA Dividend Announcement

The firm also recently disclosed a quarterly dividend, which will be paid on Thursday, October 1st. Investors of record on Thursday, September 10th will be given a $0.25 dividend. The ex-dividend date is Thursday, September 10th. This represents a $1.00 annualized dividend and a dividend yield of 0.4%. NVIDIA's payout ratio is currently 12.64%.

NVIDIA Company Profile

NVIDIA Corporation is a technology company that designs accelerated computing platforms, graphics processors and related software. Its products are used for artificial intelligence, machine learning, high-performance computing, computer graphics, data-center applications and other workloads that benefit from parallel processing.

The company's offerings include GeForce graphics processing units (GPUs) and software for gaming and personal computers; data-center GPUs, systems and networking products; and professional visualization solutions for design, engineering, media and scientific applications.

This instant news alert was generated by narrative science technology and financial data from MarketBeat in order to provide readers with the fastest reporting and unbiased coverage. Please send any questions or comments about this story to contact@marketbeat.com.