Thomasville National Bank Acquires New Shares in NVIDIA Corporation $NVDA

Key Points

• Thomasville National Bank acquired 186,146 NVIDIA shares during the second quarter, valued at approximately $37.2 million and representing about 2% of its investment portfolio. Institutional investors collectively own 65.27% of NVIDIA.
• NVIDIA insiders sold shares totaling about $335.4 million over the past 90 days, including sales by Director Mark Stevens and EVP Timothy Teter; the transactions were made under planned trading arrangements.
• NVIDIA reported stronger-than-expected quarterly results, with revenue up 105.9% year over year, while analysts maintain a “Moderate Buy” consensus and an average price target of $324.83.

Thomasville National Bank acquired a new position in shares of NVIDIA Corporation (NASDAQ:NVDA - Free Report) during the second quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission. The institutional investor acquired 186,146 shares of the computer hardware maker's stock, valued at approximately $37,246,000. NVIDIA makes up about 2.0% of Thomasville National Bank's investment portfolio, making the stock its 16th largest position.

Several other large investors have also added to or reduced their stakes in the stock. Brighton Jones LLC lifted its holdings in shares of NVIDIA by 12.4% in the fourth quarter. Brighton Jones LLC now owns 324,901 shares of the computer hardware maker's stock worth $43,631,000 after buying an additional 35,815 shares in the last quarter. Bank Pictet & Cie Europe AG grew its stake in NVIDIA by 1.0% during the fourth quarter. Bank Pictet & Cie Europe AG now owns 2,346,417 shares of the computer hardware maker's stock valued at $315,100,000 after acquiring an additional 22,929 shares in the last quarter. Highview Capital Management LLC DE grew its stake in NVIDIA by 6.7% during the fourth quarter. Highview Capital Management LLC DE now owns 58,396 shares of the computer hardware maker's stock valued at $7,842,000 after acquiring an additional 3,653 shares in the last quarter. Hudson Value Partners LLC grew its stake in NVIDIA by 30.7% during the fourth quarter. Hudson Value Partners LLC now owns 50,658 shares of the computer hardware maker's stock valued at $6,805,000 after acquiring an additional 11,900 shares in the last quarter. Finally, Wealth Group Ltd. increased its holdings in NVIDIA by 15.7% during the 1st quarter. Wealth Group Ltd. now owns 6,598 shares of the computer hardware maker's stock worth $715,000 after acquiring an additional 896 shares during the period. Institutional investors own 65.27% of the company's stock.

Insider Activity

In related news, Director Mark A. Stevens sold 63,501 shares of the business's stock in a transaction that occurred on Tuesday, September 1st. The stock was sold at an average price of $220.06, for a total value of $13,974,030.06. Following the completion of the sale, the director owned 4,558,770 shares in the company, valued at $1,003,202,926.20. The trade was a 1.37% decrease in their position. The transaction was disclosed in a filing with the SEC, which is available through the SEC website. Also, EVP Timothy S. Teter sold 30,000 shares of the company's stock in a transaction that occurred on Monday, August 31st. The stock was sold at an average price of $217.88, for a total value of $6,536,400.00. Following the completion of the sale, the executive vice president directly owned 2,687,660 shares of the company's stock, valued at approximately $585,587,360.80. This represents a 1.10% decrease in their position. 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. In the last ninety days, insiders have sold 1,563,501 shares of company stock valued at $335,380,530. Corporate insiders own 3.94% of the company's stock.

Analysts Set New Price Targets

NVDA has been the topic of several recent analyst reports. The Goldman Sachs Group reiterated a "neutral" rating and issued a $300.00 target price (up from $285.00) on shares of NVIDIA in a research note on Thursday, August 27th. William Blair restated an "outperform" rating on shares of NVIDIA in a research report on Tuesday, June 2nd. 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 report on Thursday, May 21st. Raymond James Financial set a $515.00 price objective on NVIDIA and gave the stock a "strong-buy" rating in a research report on Thursday, August 27th. Finally, Cantor Fitzgerald reissued an "overweight" rating and set a $350.00 price objective on shares of NVIDIA in a research note on Monday, August 24th. Two investment analysts have rated the stock with a Strong Buy rating, fifty have given a Buy rating and three have given a Hold rating to the company's stock. According to MarketBeat, the stock currently has a consensus rating of "Moderate Buy" and a consensus price target of $324.83.

Key Stories Impacting NVIDIA

Here are the key news stories impacting NVIDIA this week:

• Positive Sentiment: Hugging Face expands NVIDIA’s AI ecosystem: The acquisition gives NVIDIA access to Hugging Face’s open-source platform, which hosts millions of models, applications and datasets used by more than 18 million developers. Investors view the deal as a way to deepen CUDA adoption, strengthen NVIDIA’s software moat and position the company as an AI platform provider rather than solely a chip supplier. Management says Hugging Face will remain open to the broader AI ecosystem. Why NVIDIA’s defensive move to acquire Hugging Face is about much more than chips
• Positive Sentiment: New consumer AI revenue channel: Lenovo and Acer are expected to launch Windows PCs powered by NVIDIA’s RTX Spark chip in October. Local AI processing could expand NVIDIA’s addressable market while reducing reliance on cloud data centers. HP also announced new OmniBook PCs using RTX Spark technology. NVIDIA sets October launch for RTX Spark AI PCs
• Positive Sentiment: Analyst support and demand remain strong: Needham and Rosenblatt reaffirmed Buy ratings with price targets of $300 and $390, respectively. Recent earnings showed revenue growth above 100%, a 63.7% net margin and results ahead of consensus, while management’s long-term outlook continues to imply robust AI infrastructure spending. NVIDIA’s equity investments in companies such as OpenAI, CoreWeave and Nebius have also grown substantially, reinforcing its influence across the AI supply chain. NVIDIA has built a $99 billion equity portfolio
• Neutral Sentiment: Competitive and valuation considerations: NVIDIA remains dominant, but AMD, Broadcom and Intel are pursuing AI and server opportunities. Rising memory and optical-networking costs could pressure gross margins even if they confirm that demand exceeds supply.
• Negative Sentiment: Insider selling adds a cautionary signal: Director Mark Stevens sold roughly 648,500 shares in two transactions, while EVP Timothy Teter sold 30,000 shares. The sales were disclosed under planned transactions and represent small portions of their remaining holdings, limiting their significance but potentially weighing on sentiment.

NVIDIA Price Performance

NVDA stock opened at $230.36 on Monday. 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 $164.07 and a one year high of $236.54. The stock has a market cap of $5.55 trillion, a PE ratio of 29.12, a P/E/G ratio of 1.81 and a beta of 2.22. The firm has a 50 day simple moving average of $210.61 and a two-hundred day simple moving average of $202.19.

NVIDIA (NASDAQ:NVDA - Get Free Report) last issued its quarterly earnings results on Wednesday, August 26th. The computer hardware maker reported $2.22 EPS for the quarter, topping analysts' consensus estimates of $2.09 by $0.13. The firm had revenue of $96.22 billion for the quarter, compared to analyst estimates of $92.27 billion. NVIDIA had a net margin of 63.66% and a return on equity of 96.04%. The business's revenue for the quarter was up 105.9% compared to the same quarter last year. During the same quarter in the prior year, the firm earned $1.05 EPS. On average, analysts predict that NVIDIA Corporation will post 9.1 EPS for the current fiscal year.

NVIDIA announced that its Board of Directors has initiated a share buyback plan on Wednesday, May 20th that allows the company to repurchase $80.00 billion in shares. This repurchase authorization allows the computer hardware maker to reacquire up to 1.5% of its shares through open market purchases. Shares repurchase plans are generally a sign that the company's board believes its shares are undervalued.

NVIDIA Dividend Announcement

The company also recently declared a quarterly dividend, which will be paid on Thursday, October 1st. Shareholders of record on Thursday, September 10th will be given a dividend of $0.25 per share. The ex-dividend date is Thursday, September 10th. This represents a $1.00 dividend on an annualized basis and a yield of 0.4%. NVIDIA's dividend payout ratio (DPR) is presently 12.64%.

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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