NVIDIA Corporation $NVDA Stock: Bath Savings Trust Co Increases Position

Key Points

• Bath Savings Trust Co. increased its NVIDIA position by 5.5% in the third quarter, purchasing 4,207 additional shares and bringing its holdings to 80,260 shares valued at approximately $18.33 million. Institutional investors collectively own 65.27% of NVIDIA.
• Analyst sentiment remains broadly positive, with a consensus “Buy” rating and an average price target of $321.47. NVIDIA also reported quarterly revenue growth of 105.9% year over year and authorized a $150 billion share-repurchase program.
• Potential concerns include insider selling totaling $399.5 million over the past 90 days, competition from custom AI chips, rising memory costs that could pressure margins, and regulatory scrutiny surrounding its reported Hugging Face acquisition.

Bath Savings Trust Co raised its holdings in shares of NVIDIA Corporation (NASDAQ:NVDA - Free Report) by 5.5% in the third quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The fund owned 80,260 shares of the computer hardware maker's stock after purchasing an additional 4,207 shares during the period. NVIDIA accounts for about 1.9% of Bath Savings Trust Co's holdings, making the stock its 14th largest holding. Bath Savings Trust Co's holdings in NVIDIA were worth $18,330,000 at the end of the most recent quarter.

A number of other hedge funds and other institutional investors have also bought and sold shares of the business. State Street Corp raised its holdings in shares of NVIDIA by 1.6% during 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 in the last quarter. Bank of America Corp DE lifted its stake in NVIDIA by 2.2% in the second quarter. Bank of America Corp DE now owns 195,366,864 shares of the computer hardware maker's stock worth $39,090,956,000 after acquiring an additional 4,165,875 shares during the period. Amundi boosted its holdings 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 in the last quarter. Deutsche Bank AG boosted its holdings in NVIDIA by 2.3% in the second quarter. Deutsche Bank AG now owns 91,954,159 shares of the computer hardware maker's stock valued at $18,399,108,000 after acquiring an additional 2,045,101 shares in the last quarter. Finally, Dimensional Fund Advisors LP increased its position in NVIDIA by 0.6% during the 1st quarter. Dimensional Fund Advisors LP now owns 94,521,253 shares of the computer hardware maker's stock valued at $16,479,126,000 after purchasing an additional 555,221 shares during the period. Institutional investors own 65.27% of the company's stock.

Analyst Upgrades and Downgrades

Several research analysts have commented on the stock. Wall Street Zen lowered shares of NVIDIA from a "strong-buy" rating to a "buy" rating in a report on Saturday, October 24th. Phillip Securities raised their target price on shares of NVIDIA from $285.00 to $300.00 and gave the stock a "buy" rating in a research report on Monday, August 31st. Rothschild & Co Redburn lifted their target price on shares of NVIDIA from $300.00 to $325.00 in a research note on Thursday, August 27th. Jefferies Financial Group reiterated a "buy" rating on shares of NVIDIA in a research report on Wednesday, August 26th. Finally, JPMorgan Chase & Co. increased their price target on shares of NVIDIA from $280.00 to $320.00 and gave the stock an "overweight" rating in a research note on Thursday, August 27th. Five research 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, the stock currently has a consensus rating of "Buy" and a consensus price target of $321.47.

Key Stories Impacting NVIDIA

Here are the key news stories impacting NVIDIA this week:

• Positive Sentiment: Demand indicators remain strong across the AI supply chain. Vertiv reported 61% year-over-year revenue growth, more than doubled organic orders and $4.12 billion in deferred revenue, suggesting hyperscalers are paying to secure power and cooling capacity rather than slowing spending. NVIDIA’s partnership with Vertiv could also shorten data-center deployment timelines. Plugging In: Vertiv Cashes In On AI Demand
• Positive Sentiment: Several reports continue to point to substantial long-term growth. Analysts and commentators highlighted NVIDIA’s projected 70% fiscal 2028 revenue growth, expanding product portfolio, supply-constrained demand and potential customer commitments from companies such as Meta and SpaceX. NVIDIA also released open speech-AI models, broadening its software and ecosystem reach. Nvidia Shareholders Have a Major Reason to Be Bullish
• Neutral Sentiment: NVIDIA is partnering with Eclypsium to secure the hardware layer beneath AI-agent infrastructure. The initiative may strengthen enterprise trust and create additional platform value, although its near-term financial impact is unclear. Eclypsium partners with Nvidia
• Negative Sentiment: The U.S. Department of Justice is examining NVIDIA’s reported $12.9 billion acquisition of Hugging Face, focusing on whether the transaction could give NVIDIA control over an important AI-model and developer distribution channel. Regulatory scrutiny adds uncertainty around the deal and NVIDIA’s broader ecosystem strategy. US DOJ examines Nvidia’s Hugging Face acquisition
• Negative Sentiment: Reports alleging that a suspected Chinese intelligence asset had access to CEO Jensen Huang renewed concerns about China-related chip controls, corporate security and potential government investigations. NVIDIA disputed the underlying diversion allegations, saying they had been investigated and debunked, but the controversy remains an overhang. Nvidia responds to report on Chinese intelligence asset
• Negative Sentiment: Seaport reiterated its Sell rating, citing mounting competition from Google’s custom AI chips and other accelerators. Rising memory costs are also expected to pressure NVIDIA’s gross margin, while investors remain sensitive to the company’s dependence on a concentrated group of hyperscale customers. Seaport reiterates its Sell rating on Nvidia

Insider Activity at NVIDIA

In other NVIDIA news, CFO Colette Kress sold 34,918 shares of the business's stock in a transaction on Thursday, September 17th. The stock was sold at an average price of $219.05, for a total value of $7,648,787.90. Following the sale, the chief financial officer directly owned 765,103 shares of the company's stock, valued at approximately $167,595,812.15. The trade was a 4.36% decrease in their ownership of the stock. The transaction was disclosed in a legal filing with the SEC, which can be accessed through this link. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Also, Director Mark A. Stevens sold 622,239 shares of the stock in a transaction on Friday, September 4th. The stock was sold at an average price of $231.62, for a total value of $144,122,997.18. Following the completion of the sale, the director directly owned 2,336,531 shares in the company, valued at approximately $541,187,310.22. This represents a 21.03% decrease in their ownership of the stock. The disclosure for this sale is available in the SEC filing. Insiders sold a total of 1,766,118 shares of company stock valued at $399,450,353 in the last 90 days. Corporate insiders own 3.94% of the company's stock.

NVIDIA Trading Down 0.8%

NASDAQ:NVDA opened at $213.66 on Friday. The firm has a market capitalization of $5.15 trillion, a P/E ratio of 27.01, a PEG ratio of 1.65 and a beta of 2.22. The company has a debt-to-equity ratio of 0.14, a current ratio of 4.59 and a quick ratio of 3.85. NVIDIA Corporation has a one year low of $164.27 and a one year high of $243.37. The company's 50-day simple moving average is $221.99 and its 200 day simple moving average is $204.15.

NVIDIA (NASDAQ:NVDA - Get Free Report) last announced its earnings results on Wednesday, August 26th. The computer hardware maker reported $2.22 earnings per share for the quarter, beating analysts' consensus estimates of $2.09 by $0.13. NVIDIA had a net margin of 63.66% and a return on equity of 96.04%. The business 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 firm earned $1.05 earnings per share. The business's revenue for the quarter was up 105.9% on a year-over-year basis. As a group, analysts forecast that NVIDIA Corporation will post 9.30 EPS for the current fiscal year.

NVIDIA Announces Dividend

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

NVIDIA declared that its Board of Directors has initiated a share buyback program on Monday, September 28th that permits the company to buy back $150 billion in outstanding shares. This repurchase authorization permits the computer hardware maker to buy up to 2.8% of its stock through open market purchases. Stock repurchase programs are usually an indication that the company's board of directors believes its stock is undervalued.

NVIDIA Profile

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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