Trinity Legacy Partners LLC Reduces Stock Holdings in NVIDIA Corporation $NVDA

Key Points

• Trinity Legacy Partners reduced its NVIDIA stake by 11.3% in the second quarter, selling 9,392 shares and retaining 74,045 shares worth approximately $15.4 million. NVIDIA remains the firm’s fifth-largest holding at 3.1% of its portfolio.
• NVIDIA reported strong operating momentum: quarterly revenue rose 105.9% year over year to $96.22 billion, while earnings of $2.22 per share exceeded analyst expectations. Analysts maintain a consensus “Buy” rating with an average price target of $324.34.
• Investor risks include insider selling and rising competition. NVIDIA insiders sold roughly $385 million of stock over the past 90 days, while alternatives from AMD and other suppliers could pressure the company’s pricing and market share.

Trinity Legacy Partners LLC cut its holdings in NVIDIA Corporation (NASDAQ:NVDA - Free Report) by 11.3% during the second quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The firm owned 74,045 shares of the computer hardware maker's stock after selling 9,392 shares during the quarter. NVIDIA makes up about 3.1% of Trinity Legacy Partners LLC's holdings, making the stock its 5th biggest holding. Trinity Legacy Partners LLC's holdings in NVIDIA were worth $15,357,000 at the end of the most recent quarter.

Other large investors also recently bought and sold shares of the company. Lifetime Wealth Management P.C. purchased a new position in shares of NVIDIA during the fourth quarter valued at approximately $26,000. Longview Financial Advisors Inc. purchased a new stake in shares of NVIDIA in the 1st quarter worth approximately $27,000. Phillip James Consulting Co. purchased a new stake in shares of NVIDIA in the 1st quarter worth approximately $40,000. Syntax Research Inc. increased its position in NVIDIA by 62.5% during the 4th quarter. Syntax Research Inc. now owns 260 shares of the computer hardware maker's stock valued at $49,000 after buying an additional 100 shares in the last quarter. Finally, Frankly Finances LLC bought a new position in NVIDIA during the 2nd quarter valued at approximately $60,000. 65.27% of the stock is owned by hedge funds and other institutional investors.

Key NVIDIA News

Here are the key news stories impacting NVIDIA this week:

• Positive Sentiment: Management continues to defend AI spending. CEO Jensen Huang said the AI spending “flywheel” is accelerating and argued that companies, rather than new regulations, should manage AI safety. Meta CEO Mark Zuckerberg broadly supported that view, easing fears that safety concerns could trigger a development pause. NVIDIA CEO Says AI Spending Flywheel Is Really, Really Flying
• Positive Sentiment: Rubin demand is reinforcing the infrastructure story. CoreWeave brought a multi-rack NVIDIA Vera Rubin NVL72 cluster online, connecting hundreds of GPUs for large-scale training and inference. The deployment supports expectations for continued demand beyond Blackwell systems. CoreWeave Stock Gains as Nvidia Rubin Cluster Boosts AI Cloud Capacity
• Positive Sentiment: NVIDIA is expanding beyond GPUs. An energy alliance with Google and Emerald AI aims to make data centers flexible electricity customers, potentially reducing grid constraints that could otherwise limit AI capacity. NVIDIA is also supplying networking and software for Apple’s potential future AI servers. Nvidia and Google Launch Energy Alliance to Prevent AI Grid Overload
• Positive Sentiment: Quantum-computing research adds a longer-term catalyst. NVIDIA’s H200 GPU, CUDA-Q platform and cuQuantum software helped researchers reduce quantum-circuit compilation from minutes to roughly 28 seconds in larger tests, strengthening its position as an infrastructure provider for hybrid computing. IonQ and NVIDIA Just Cracked a Major Quantum Computing Bottleneck
• Neutral Sentiment: Strategic expansion could improve future monetization. Reports describe NVIDIA’s $12.9 billion acquisition of Hugging Face as a way to extend its ecosystem into AI software and models, although the deal may be expensive relative to current revenue and is unlikely to materially affect near-term results. Forget Nvidia’s Chips: Hugging Face Is the Real Reason to Own This Stock Now
• Negative Sentiment: Competition and customer bargaining power remain risks. OpenAI says it has more alternatives to NVIDIA, while AMD is pursuing large-scale chip deployments with major AI developers. Greater supplier choice could pressure NVIDIA’s pricing and market share over time. OpenAI’s CFO Just Explained Why Nvidia Is No Longer the Only Option
• Negative Sentiment: AI slowdown fears have not disappeared. Bearish investor Michael Burry continues to warn of a potential sharp decline in AI-linked stocks, while reports of insider selling and elevated valuation could encourage profit-taking if infrastructure spending moderates. Michael Burry Predicts a Possible 1987-Style Drop

Wall Street Analysts Forecast Growth

NVDA has been the topic of several analyst reports. Royal Bank Of Canada boosted their target price on NVIDIA from $300.00 to $330.00 and gave the stock an "outperform" rating in a report on Thursday, August 27th. Robert W. Baird set a $500.00 price target on NVIDIA and gave the company an "outperform" rating in a report on Thursday, May 21st. Melius Research set a $420.00 price target on shares of NVIDIA in a research note on Thursday, August 27th. Tigress Financial reissued a "strong-buy" rating and set a $425.00 price objective (up from $360.00) on shares of NVIDIA in a research report on Wednesday, May 27th. Finally, Rothschild & Co Redburn raised their price objective on shares of NVIDIA from $300.00 to $325.00 in a research note on Thursday, August 27th. Three research analysts have rated the stock with a Strong Buy rating, fifty have issued a Buy rating and two have issued a Hold rating to the company's stock. According to MarketBeat, the stock presently has an average rating of "Buy" and an average price target of $324.34.

Insider Activity at NVIDIA

In related news, Director Mark Stevens sold 622,239 shares of the firm's stock in a transaction that occurred on Friday, September 4th. The shares were sold at an average price of $231.62, for a total value of $144,122,997.18. Following the sale, the director owned 2,336,531 shares in the company, valued at approximately $541,187,310.22. This trade represents a 21.03% decrease in their ownership of the stock. The sale was disclosed in a document filed with the SEC, which can be accessed through the SEC website. Also, EVP Timothy Teter sold 30,000 shares of NVIDIA stock in a transaction that occurred on Monday, August 31st. The stock was sold at an average price of $217.88, for a total transaction 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 trade 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. Insiders sold 1,700,740 shares of company stock worth $385,015,077 in the last 90 days. 3.94% of the stock is currently owned by corporate insiders.

NVIDIA Price Performance

NASDAQ NVDA opened at $213.90 on Thursday. NVIDIA Corporation has a one year low of $164.27 and a one year high of $236.54. The stock has a 50-day moving average of $214.10 and a 200 day moving average of $203.86. The company has a debt-to-equity ratio of 0.14, a quick ratio of 3.85 and a current ratio of 4.59. The company has a market capitalization of $5.15 trillion, a price-to-earnings ratio of 27.04, a PEG ratio of 1.66 and a beta of 2.22.

NVIDIA (NASDAQ:NVDA - Get Free Report) last posted its earnings results on Wednesday, August 26th. The computer hardware maker reported $2.22 earnings per share (EPS) for the quarter, beating the consensus estimate of $2.09 by $0.13. The business had revenue of $96.22 billion for the quarter, compared to analysts' expectations 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 business earned $1.05 EPS. On average, sell-side analysts forecast that NVIDIA Corporation will post 9.12 EPS for the current year.

NVIDIA Announces Dividend

The business also recently disclosed a quarterly dividend, which will be paid on Thursday, October 1st. Investors 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 0.5%. NVIDIA's dividend payout ratio is 12.64%.

NVIDIA announced that its board has initiated a share buyback plan on Wednesday, May 20th that permits the company to buyback $80.00 billion in shares. This buyback authorization permits the computer hardware maker to repurchase up to 1.5% of its stock through open market purchases. Stock buyback plans are often an indication that the company's leadership believes its stock is undervalued.

NVIDIA Profile

NVIDIA Corporation is a technology company that designs accelerated computing platforms, graphics processors and related software. Its products are used for artificial intelligence, machine learning, high-performance computing, computer graphics, data-center applications and other workloads that benefit from parallel processing.

The company's offerings include GeForce graphics processing units (GPUs) and software for gaming and personal computers; data-center GPUs, systems and networking products; and professional visualization solutions for design, engineering, media and scientific applications.

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