Park National Corp OH Sells 19,241 Shares of NVIDIA Corporation $NVDA

Key Points

• Park National Corp OH reduced its NVIDIA stake by 3%, selling 19,241 shares and retaining 621,863 shares valued at approximately $124.4 million. NVIDIA remains the fund’s fifth-largest holding, representing about 3.5% of its portfolio.
• Institutional investors own 65.27% of NVIDIA, while insiders sold 1.9 million shares worth roughly $410.4 million during the last quarter, including significant sales by directors Mark A. Stevens and Stephen C. Neal.
• NVIDIA reported quarterly revenue of $96.22 billion and EPS of $2.22, exceeding analyst estimates. Despite strong AI-driven growth and a “Moderate Buy” consensus rating with an average price target of $322.61, investors face risks from elevated valuation, supply constraints, narrowing margins and geopolitical restrictions.

Park National Corp OH trimmed its holdings in shares of NVIDIA Corporation (NASDAQ:NVDA - Free Report) by 3.0% during the second quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The fund owned 621,863 shares of the computer hardware maker's stock after selling 19,241 shares during the quarter. NVIDIA accounts for about 3.5% of Park National Corp OH's portfolio, making the stock its 5th largest position. Park National Corp OH's holdings in NVIDIA were worth $124,429,000 at the end of the most recent quarter.

Several other institutional investors and hedge funds have also recently added to or reduced their stakes in NVDA. BDFS Capital LLC raised its stake in shares of NVIDIA by 68.1% during the second quarter. BDFS Capital LLC now owns 17,610 shares of the computer hardware maker's stock valued at $3,524,000 after acquiring an additional 7,131 shares during the last quarter. Secure Asset Management LLC lifted its holdings in shares of NVIDIA by 2.8% during the second quarter. Secure Asset Management LLC now owns 144,954 shares of the computer hardware maker's stock worth $29,004,000 after purchasing an additional 3,987 shares during the period. Cliftonlarsonallen Wealth Advisors LLC grew its stake in shares of NVIDIA by 62.6% in the second quarter. Cliftonlarsonallen Wealth Advisors LLC now owns 112,309 shares of the computer hardware maker's stock worth $22,472,000 after purchasing an additional 43,237 shares during the last quarter. Embree Financial Group grew its stake in shares of NVIDIA by 4.9% in the second quarter. Embree Financial Group now owns 103,235 shares of the computer hardware maker's stock worth $20,656,000 after purchasing an additional 4,780 shares during the last quarter. Finally, Harold Davidson & Associates Inc. increased its holdings in NVIDIA by 1.1% in the second quarter. Harold Davidson & Associates Inc. now owns 38,525 shares of the computer hardware maker's stock valued at $7,708,000 after purchasing an additional 418 shares during the period. 65.27% of the stock is currently owned by institutional investors and hedge funds.

Insider Activity

In other news, Director Stephen C. Neal sold 15,500 shares of the firm's stock in a transaction dated Wednesday, June 3rd. The stock was sold at an average price of $215.73, for a total value of $3,343,815.00. Following the completion of the sale, the director directly owned 116,135 shares in the company, valued at $25,053,803.55. This trade represents a 11.77% decrease in their position. The sale was disclosed in a filing with the SEC, which is available at this link. Also, Director Mark A. Stevens sold 885,000 shares of the company's stock in a transaction that occurred on Thursday, June 18th. The stock was sold at an average price of $210.17, for a total value of $186,000,450.00. Following the transaction, the director directly owned 5,207,271 shares in the company, valued at approximately $1,094,412,146.07. This trade represents a 14.53% decrease in their ownership of the stock. The SEC filing for this sale provides additional information. Insiders have sold 1,900,500 shares of company stock worth $410,449,265 in the last quarter. Company insiders own 3.94% of the company's stock.

Analysts Set New Price Targets

Several research analysts recently issued reports on the company. Itau BBA Securities lowered their target price on NVIDIA from $256.00 to $218.00 in a research report on Wednesday, June 24th. Needham & Company LLC upped their price target on NVIDIA from $270.00 to $300.00 and gave the company a "buy" rating in a research report on Thursday. Wolfe Research reissued an "outperform" rating and issued a $275.00 price target on shares of NVIDIA in a research note on Thursday, May 21st. Citic Securities raised their price objective on NVIDIA from $242.00 to $315.00 and gave the stock a "buy" rating in a research report on Friday, May 22nd. Finally, Evercore set a $465.00 price objective on NVIDIA and gave the stock an "outperform" rating in a research note on Thursday. Two investment analysts have rated the stock with a Strong Buy rating, forty-eight have issued a Buy rating and four have assigned a Hold rating to the company's stock. According to MarketBeat, NVIDIA currently has a consensus rating of "Moderate Buy" and an average target price of $322.61.

NVIDIA News Roundup

Here are the key news stories impacting NVIDIA this week:

• Positive Sentiment: NVIDIA reported fiscal Q2 revenue of approximately $96.2 billion, up 106% year over year and ahead of Wall Street expectations. Data-center revenue rose 117% to $89 billion, while adjusted EPS of $2.22 also exceeded consensus. The results reinforced that hyperscaler AI spending remains robust. Nvidia rises after signaling longer AI spending runway
• Positive Sentiment: Management guided to roughly $108 billion in fiscal Q3 revenue and indicated that fiscal 2028 sales could grow about 70%, well above the roughly 45% growth analysts had modeled. The forecast has shifted the debate from whether AI demand is slowing to whether NVIDIA and its suppliers can build enough capacity. Nvidia's 70% growth forecast
• Positive Sentiment: Several analysts raised their NVIDIA price targets following the results, including Wedbush, Truist, RBC and JPMorgan. The upgrades reflect expectations for sustained Blackwell demand, the Vera Rubin product ramp and strong order visibility through fiscal 2028. Wedbush lifts Nvidia price target
• Neutral Sentiment: NVIDIA is reportedly pursuing a roughly $12.9 billion acquisition of open-source AI platform Hugging Face. The deal could expand NVIDIA’s software ecosystem and improve visibility into future AI workloads, but reports indicate terms may not be finalized and the valuation is high relative to Hugging Face’s revenue. Nvidia agrees to buy Hugging Face report
• Negative Sentiment: Investors are locking in gains after NVIDIA’s strong post-earnings rally. The stock’s elevated valuation and proximity to record levels make it vulnerable to short-term profit-taking even though fundamentals remain strong. Nvidia AMD Intel stocks slide as investors take profits
• Negative Sentiment: Gross-margin expectations are moving lower toward roughly 72%–73% as NVIDIA absorbs higher memory, packaging and infrastructure costs. Management also said supply constraints remain significant, potentially limiting how much demand can immediately translate into revenue and cash flow.
• Negative Sentiment: Broader market pressure is coming from a more hawkish Federal Reserve outlook, while NVIDIA’s decision to exclude China data-center compute revenue from its forecast underscores continuing export-control and geopolitical risks. Reports that the company paused some revenue-sharing arrangements with AI cloud providers also raise questions about financing and customer ROI. Nvidia pauses revenue-sharing deals

NVIDIA Price Performance

Shares of NVDA opened at $217.55 on Friday. The firm has a market cap of $5.24 trillion, a PE ratio of 27.50, a price-to-earnings-growth ratio of 0.42 and a beta of 2.23. NVIDIA Corporation has a 52-week low of $164.07 and a 52-week high of $236.54. The business's 50 day moving average price is $208.09 and its two-hundred day moving average price is $200.77. The company has a debt-to-equity ratio of 0.14, a quick ratio of 2.85 and a current ratio of 4.59.

NVIDIA (NASDAQ:NVDA - Get Free Report) last announced its quarterly earnings data on Wednesday, August 26th. The computer hardware maker reported $2.22 EPS 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 company 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 posted $1.05 EPS. The company's quarterly revenue was up 105.9% on a year-over-year basis. On average, equities analysts anticipate that NVIDIA Corporation will post 9.1 EPS for the current year.

NVIDIA declared that its board has authorized a share repurchase plan on Wednesday, May 20th that allows the company to repurchase $80.00 billion in outstanding shares. This repurchase authorization allows the computer hardware maker to repurchase up to 1.5% of its shares through open market purchases. Shares repurchase plans are typically a sign that the company's management believes its shares are undervalued.

NVIDIA Dividend Announcement

The business also recently declared a quarterly dividend, which will be paid on Thursday, October 1st. Shareholders of record on Thursday, September 10th will be paid a $0.25 dividend. This represents a $1.00 annualized dividend and a yield of 0.5%. The ex-dividend date of this dividend is Thursday, September 10th. NVIDIA's payout ratio is 15.31%.

About NVIDIA

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.

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.

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