NVIDIA Corporation $NVDA Stock Holdings Cut by Whittier Trust Co.

Key Points

• Whittier Trust Co. cut its NVIDIA stake by 17.9% in the first quarter, selling 601,537 shares. Even after the reduction, NVIDIA remained its largest holding at about 5.5% of the portfolio.
• Insider selling has been significant: Director Mark A. Stevens sold 885,000 shares, and Director Stephen C. Neal sold 15,500 shares. Overall, insiders sold 1.9 million shares worth about $410.6 million over the last quarter.
• NVIDIA reported a strong quarter, with EPS of $1.87 and revenue of $81.61 billion, both topping estimates and showing 85.2% year-over-year revenue growth. The company also authorized an $80 billion buyback and raised its quarterly dividend from $0.01 to $0.25 per share.

Whittier Trust Co. lowered its holdings in shares of NVIDIA Corporation (NASDAQ:NVDA - Free Report) by 17.9% in the 1st quarter, according to its most recent 13F filing with the Securities & Exchange Commission. The fund owned 2,762,949 shares of the computer hardware maker's stock after selling 601,537 shares during the quarter. NVIDIA makes up approximately 5.5% of Whittier Trust Co.'s holdings, making the stock its biggest position. Whittier Trust Co.'s holdings in NVIDIA were worth $490,810,000 at the end of the most recent quarter.

Several other institutional investors have also recently made changes to their positions in NVDA. Presidio Capital Management LLC raised its position in NVIDIA by 0.4% in the fourth quarter. Presidio Capital Management LLC now owns 15,137 shares of the computer hardware maker's stock worth $2,823,000 after acquiring an additional 53 shares during the period. LMG Wealth Partners LLC increased its stake in shares of NVIDIA by 0.7% in the 4th quarter. LMG Wealth Partners LLC now owns 7,649 shares of the computer hardware maker's stock worth $1,427,000 after purchasing an additional 53 shares in the last quarter. Vision Financial Markets LLC increased its stake in shares of NVIDIA by 1.2% in the 3rd quarter. Vision Financial Markets LLC now owns 4,640 shares of the computer hardware maker's stock worth $866,000 after purchasing an additional 53 shares in the last quarter. Great Oak Capital Partners LLC raised its holdings in NVIDIA by 3.8% in the 4th quarter. Great Oak Capital Partners LLC now owns 1,508 shares of the computer hardware maker's stock worth $285,000 after purchasing an additional 55 shares during the period. Finally, JGP Global Gestao de Recursos Ltda. lifted its position in NVIDIA by 2.3% during the fourth quarter. JGP Global Gestao de Recursos Ltda. now owns 2,402 shares of the computer hardware maker's stock valued at $448,000 after purchasing an additional 55 shares in the last quarter. Institutional investors own 65.27% of the company's stock.

Insider Activity

In related news, Director Mark A. Stevens sold 885,000 shares of the firm's stock in a transaction on Thursday, June 18th. The shares were sold at an average price of $210.17, for a total transaction of $186,000,450.00. Following the completion of the transaction, the director directly owned 5,207,271 shares of the company's stock, valued at approximately $1,094,412,146.07. This trade represents a 14.53% decrease in their ownership of the stock. The transaction was disclosed in a legal filing with the SEC, which is accessible through this link. Also, Director Stephen C. Neal sold 15,500 shares of NVIDIA stock in a transaction on Wednesday, June 3rd. The shares were sold at an average price of $215.73, for a total transaction of $3,343,815.00. Following the completion of the sale, the director owned 116,135 shares in the company, valued at approximately $25,053,803.55. This represents a 11.77% decrease in their ownership of the stock. The disclosure for this sale is available in the SEC filing. Insiders have sold a total of 1,901,125 shares of company stock worth $410,583,015 over the last quarter. Insiders own 3.94% of the company's stock.

NVIDIA Price Performance

Shares of NVIDIA stock opened at $212.50 on Thursday. The company has a quick ratio of 2.85, a current ratio of 3.44 and a debt-to-equity ratio of 0.04. NVIDIA Corporation has a 52 week low of $164.07 and a 52 week high of $236.54. The stock's 50-day simple moving average is $209.96 and its 200-day simple moving average is $194.93. The company has a market capitalization of $5.14 trillion, a price-to-earnings ratio of 32.54, a PEG ratio of 0.47 and a beta of 2.21.

NVIDIA (NASDAQ:NVDA - Get Free Report) last issued its earnings results on Wednesday, May 20th. The computer hardware maker reported $1.87 earnings per share (EPS) for the quarter, beating the consensus estimate of $1.76 by $0.11. NVIDIA had a return on equity of 96.94% and a net margin of 62.97%.The company had revenue of $81.61 billion for the quarter, compared to the consensus estimate of $78.42 billion. During the same quarter last year, the company earned $0.81 EPS. The firm's quarterly revenue was up 85.2% on a year-over-year basis. As a group, analysts expect that NVIDIA Corporation will post 8.8 earnings per share for the current fiscal year.

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

NVIDIA Increases Dividend

The business also recently disclosed a quarterly dividend, which was paid on Friday, June 26th. Stockholders of record on Thursday, June 4th were given a dividend of $0.25 per share. The ex-dividend date was Thursday, June 4th. This is an increase from NVIDIA's previous quarterly dividend of $0.01. This represents a $1.00 annualized dividend and a dividend yield of 0.5%. NVIDIA's dividend payout ratio (DPR) is 15.31%.

Key Stories Impacting NVIDIA

Here are the key news stories impacting NVIDIA this week:

• Positive Sentiment: NVIDIA announced that major Japanese institutions and companies, including Institution of Science Tokyo, SoftBank’s SB Intuitions, Hitachi, ENEOS, NTT DATA, avatarin and Sakana AI, are adopting Nemotron open models to build localized Japanese-language AI applications. The news highlights expanding real-world demand for NVIDIA’s software stack and strengthens its position in Japan’s national AI ecosystem. Article Title
• Positive Sentiment: Jensen Huang said Vera Rubin is already in production and pushed back against reports of delays, easing investor concern about NVIDIA’s next-generation AI accelerator roadmap. Article Title
• Positive Sentiment: Wall Street remains constructive, with KeyBanc raising its price target and other analysts pointing to continued upside driven by AI demand, data-center networking, and NVIDIA’s broader platform expansion. Article Title
• Neutral Sentiment: Several articles emphasized NVIDIA’s strong momentum and valuation case, but they were largely commentary pieces rather than new company-specific developments. Article Title
• Negative Sentiment: Ongoing U.S.-China export scrutiny continues to hang over the stock, with officials saying only a very small number of approved H200 chips have shipped to China. Even though China access could add upside, the limited near-term volume keeps the issue a source of uncertainty. Article Title
• Negative Sentiment: Reports of unusual put options activity and continued discussion of NVIDIA as a crowded trade suggest some investors are still hedging or questioning how much upside is already priced in. Article Title

Analyst Upgrades and Downgrades

NVDA has been the subject of several recent research reports. Citic Securities boosted their price target on NVIDIA from $242.00 to $315.00 and gave the company a "buy" rating in a report on Friday, May 22nd. BTIG Research initiated coverage on NVIDIA in a research note on Wednesday, April 15th. They issued a "buy" rating on the stock. Zacks Research cut NVIDIA from a "strong-buy" rating to a "hold" rating in a research report on Thursday, May 21st. Benchmark reiterated a "buy" rating and set a $335.00 price objective (up from $250.00) on shares of NVIDIA in a research note on Thursday, May 21st. Finally, Needham & Company LLC reissued a "buy" rating and issued a $270.00 target price on shares of NVIDIA in a report on Tuesday, June 2nd. Two research analysts have rated the stock with a Strong Buy rating, forty-eight have assigned a Buy rating and three have assigned a Hold rating to the company's stock. According to data from MarketBeat.com, the company has an average rating of "Moderate Buy" and an average target price of $304.26.

NVIDIA Company Profile

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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