Riverbridge Partners LLC Sells 157,641 Shares of NVIDIA Corporation $NVDA

Key Points

• Riverbridge Partners cut its NVIDIA position by 13.6%, selling 157,641 shares and retaining 998,902 shares worth approximately $199.9 million. NVIDIA remains the fund’s largest holding, representing about 5.6% of its portfolio.
• Wall Street remains broadly bullish, with an average “Buy” rating and a consensus price target of $308.01 versus NVIDIA’s opening price of $208.48. Analysts cited continued AI data-center demand, while the company also authorized an $80 billion share-repurchase program.
• NVIDIA faces mixed signals: new AI products and customer relationships support growth, but semiconductor-sector weakness, supply constraints, potential China-related export issues and substantial insider selling add risk.

Riverbridge Partners LLC trimmed its position in shares of NVIDIA Corporation (NASDAQ:NVDA - Free Report) by 13.6% during the 2nd quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission. The fund owned 998,902 shares of the computer hardware maker's stock after selling 157,641 shares during the quarter. NVIDIA makes up about 5.6% of Riverbridge Partners LLC's investment portfolio, making the stock its biggest position. Riverbridge Partners LLC's holdings in NVIDIA were worth $199,870,000 at the end of the most recent reporting period.

Several other hedge funds also recently modified their holdings of the company. Holland Advisory Services Inc. raised its stake in shares of NVIDIA by 61.2% in the second quarter. Holland Advisory Services Inc. now owns 3,252 shares of the computer hardware maker's stock valued at $651,000 after acquiring an additional 1,235 shares during the last quarter. Holcombe Financial Inc. acquired a new position in shares of NVIDIA in the 2nd quarter worth approximately $232,000. Eagle Capital Management LLC grew its position in NVIDIA by 1.2% during the 2nd quarter. Eagle Capital Management LLC now owns 13,722 shares of the computer hardware maker's stock worth $2,746,000 after acquiring an additional 159 shares during the last quarter. HMV Wealth Advisors LLC increased its holdings in NVIDIA by 23.8% during the 2nd quarter. HMV Wealth Advisors LLC now owns 6,516 shares of the computer hardware maker's stock valued at $1,304,000 after purchasing an additional 1,252 shares in the last quarter. Finally, LDIC Inc. acquired a new stake in NVIDIA during the 2nd quarter valued at $863,000. Institutional investors and hedge funds own 65.27% of the company's stock.

More NVIDIA News

Here are the key news stories impacting NVIDIA this week:

• Positive Sentiment: NVIDIA announced that its Groq 3 LPX inference accelerator is now in full production. The product reportedly achieved 3,400 output tokens per second in benchmarking, while Nebius plans to become its first AI-cloud adopter. This supports NVIDIA’s push beyond training into fast-growing agentic AI inference. NVIDIA Groq 3 LPX Now in Full Production
• Positive Sentiment: SpaceXAI said it will use NVIDIA’s Vera CPU for large-scale agentic AI and planned satellite deployments, providing another potential long-term customer and demonstrating demand for the Vera Rubin platform outside traditional data centers. SpaceXAI Adopts NVIDIA Vera CPU
• Positive Sentiment: Analysts including Rosenblatt, KeyBanc and Cantor Fitzgerald reaffirmed bullish ratings, with price targets ranging from $325 to $350. Consensus expectations call for roughly $92.2 billion in quarterly revenue, supported by strong AI data-center demand. NVIDIA Analyst Ratings
• Neutral Sentiment: NVIDIA is reportedly considering an investment in AI search startup Perplexity at a valuation above $30 billion. The deal could strengthen NVIDIA’s ecosystem, but it also adds to concerns about the company investing heavily in customers and AI partners. Nvidia Discusses Perplexity Investment
• Negative Sentiment: The broader market is rotating away from semiconductors amid higher yields, geopolitical concerns and uncertainty surrounding trade policy. NVIDIA’s earnings have beaten estimates for 14 straight quarters, but the stock has frequently declined after reports, raising the risk that strong results are already priced in.
• Negative Sentiment: Memory shortages and energy constraints are reportedly prompting AI-server price increases of more than 15%. While higher prices could lift revenue, investors worry about customer affordability, demand elasticity and margin pressure.
• Negative Sentiment: Taiwanese prosecutors indicted nine people, including individuals linked to NVIDIA and Super Micro, over alleged illegal AI-server exports to China. The investigation adds regulatory and China-exposure risk. Taiwan Indicts Nine Over AI Server Exports

Insider Activity at NVIDIA

In other NVIDIA news, Director Mark A. Stevens sold 885,000 shares of the business's stock in a transaction dated Thursday, June 18th. The stock was sold at an average price of $210.17, for a total transaction of $186,000,450.00. Following the completion of the sale, the director directly owned 5,207,271 shares of the company's stock, valued at approximately $1,094,412,146.07. The trade was a 14.53% decrease in their position. The sale was disclosed in a document filed with the SEC, which can be accessed through the SEC website. Also, Director John Dabiri sold 625 shares of the company's stock in a transaction dated Wednesday, May 27th. The shares were sold at an average price of $214.00, for a total transaction of $133,750.00. Following the transaction, the director owned 14,163 shares in the company, valued at approximately $3,030,882. The trade was a 4.23% decrease in their ownership of the stock. Additional details regarding this sale are available in the official SEC disclosure. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Insiders have sold a total of 1,901,125 shares of company stock worth $410,583,015 over the last 90 days. Insiders own 3.94% of the company's stock.

Wall Street Analysts Forecast Growth

A number of equities analysts have commented on NVDA shares. KeyCorp reissued an "overweight" rating and issued a $330.00 price objective on shares of NVIDIA in a research note on Monday. Oppenheimer set a $265.00 target price on NVIDIA in a research note on Thursday. Cantor Fitzgerald reaffirmed an "overweight" rating and issued a $350.00 price target on shares of NVIDIA in a report on Monday. Zacks Research raised NVIDIA from a "hold" rating to a "strong-buy" rating in a report on Monday, July 20th. Finally, Seaport Research Partners upped their price target on shares of NVIDIA from $140.00 to $180.00 and gave the stock a "sell" rating in a research report on Thursday, May 21st. Three research analysts have rated the stock with a Strong Buy rating, forty-nine have given a Buy rating and two have issued a Hold rating to the stock. According to data from MarketBeat, NVIDIA has an average rating of "Buy" and a consensus target price of $308.01.

NVIDIA Stock Down 2.9%

NASDAQ NVDA opened at $208.48 on Tuesday. The stock has a market capitalization of $5.05 trillion, a P/E ratio of 31.93, 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 company has a debt-to-equity ratio of 0.04, a quick ratio of 2.85 and a current ratio of 3.44. The stock has a fifty day moving average of $207.39 and a 200-day moving average of $199.81.

NVIDIA declared that its Board of Directors has authorized a stock buyback 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 purchase up to 1.5% of its stock through open market purchases. Stock repurchase plans are typically a sign that the company's board of directors believes its stock is undervalued.

NVIDIA 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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