Triumph Capital Management Has $5.75 Million Position in NVIDIA Corporation $NVDA

Key Points

• Triumph Capital Management cut its NVIDIA stake by 14.4% in the second quarter, selling 4,836 shares and retaining 28,759 shares valued at approximately $5.75 million.
• NVIDIA reported quarterly revenue of $96.22 billion and EPS of $2.22, exceeding analyst expectations, with revenue up 105.9% year over year. Analysts maintain a “Moderate Buy” consensus rating and an average price target of $324.83.
• The company announced a $0.25 quarterly dividend and has authorization for an $80 billion share-buyback program; however, insiders have sold about $335.4 million of stock over the past three months.

Triumph Capital Management lowered its stake in NVIDIA Corporation (NASDAQ:NVDA - Free Report) by 14.4% during the second quarter, according to the company in its most recent Form 13F filing with the SEC. The institutional investor owned 28,759 shares of the computer hardware maker's stock after selling 4,836 shares during the quarter. NVIDIA comprises approximately 1.0% of Triumph Capital Management's investment portfolio, making the stock its 18th biggest holding. Triumph Capital Management's holdings in NVIDIA were worth $5,754,000 as of its most recent SEC filing.

A number of other institutional investors and hedge funds have also recently added to or reduced their stakes in the stock. Oak Thistle LLC bought a new stake in shares of NVIDIA in the second quarter valued at about $3,044,000. Rydar Equities Inc. raised its position in NVIDIA by 11.8% in the 2nd quarter. Rydar Equities Inc. now owns 28,924 shares of the computer hardware maker's stock valued at $5,988,000 after buying an additional 3,054 shares during the last quarter. Motive Wealth Advisors raised its position in NVIDIA by 0.8% in the 2nd quarter. Motive Wealth Advisors now owns 26,386 shares of the computer hardware maker's stock valued at $5,280,000 after buying an additional 205 shares during the last quarter. Myriad Asset Management US LP lifted its stake in NVIDIA by 5.3% in the 2nd quarter. Myriad Asset Management US LP now owns 17,889 shares of the computer hardware maker's stock valued at $3,579,000 after acquiring an additional 895 shares in the last quarter. Finally, Sound Income Strategies LLC boosted its position in NVIDIA by 15.4% during the 2nd quarter. Sound Income Strategies LLC now owns 96,736 shares of the computer hardware maker's stock worth $19,356,000 after acquiring an additional 12,919 shares during the last quarter. 65.27% of the stock is owned by institutional investors and hedge funds.

Wall Street Analysts Forecast Growth

A number of equities analysts have recently commented on the stock. Rosenblatt Securities restated a "buy" rating and set a $390.00 price objective on shares of NVIDIA in a research note on Friday. Truist Financial upped their price objective on shares of NVIDIA from $307.00 to $346.00 and gave the company a "buy" rating in a report on Thursday, August 27th. Citigroup restated a "buy" rating and set a $315.00 target price (up from $300.00) on shares of NVIDIA in a research note on Thursday, August 27th. Raymond James Financial set a $515.00 price target on NVIDIA and gave the stock a "strong-buy" rating in a report on Thursday, August 27th. Finally, Weiss Ratings restated a "buy (b)" rating on shares of NVIDIA in a research note on Wednesday, July 8th. Two investment analysts have rated the stock with a Strong Buy rating, fifty have issued a Buy rating and three have given a Hold rating to the company's stock. Based on data from MarketBeat, the stock currently has a consensus rating of "Moderate Buy" and a consensus target price of $324.83.

NVIDIA Price Performance

NASDAQ NVDA opened at $230.36 on Tuesday. The business has a fifty day moving average price of $211.32 and a two-hundred day moving average price of $202.51. The stock has a market capitalization of $5.55 trillion, a PE ratio of 29.12, a PEG ratio of 1.81 and a beta of 2.22. NVIDIA Corporation has a fifty-two week low of $164.07 and a fifty-two week high of $236.54. 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 (NASDAQ:NVDA - Get Free Report) last issued its quarterly 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. NVIDIA had a return on equity of 96.04% and a net margin of 63.66%.The company had revenue of $96.22 billion for the quarter, compared to analyst estimates of $92.27 billion. During the same quarter last year, the company posted $1.05 EPS. The company's revenue for the quarter was up 105.9% compared to the same quarter last year. Equities analysts expect that NVIDIA Corporation will post 9.1 earnings per share for the current fiscal year.

NVIDIA Announces Dividend

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

NVIDIA declared that its Board of Directors has initiated a stock buyback program on Wednesday, May 20th that authorizes the company to buyback $80.00 billion in shares. This buyback authorization authorizes the computer hardware maker to repurchase up to 1.5% of its shares through open market purchases. Shares buyback programs are often an indication that the company's leadership believes its shares are undervalued.

Insider Activity

In other news, EVP Timothy Teter sold 30,000 shares of the stock in a transaction dated Monday, August 31st. The shares were sold at an average price of $217.88, for a total value of $6,536,400.00. Following the completion of the transaction, the executive vice president 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 ownership of the stock. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which can be accessed through the SEC website. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Also, Director Mark 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 transaction of $186,000,450.00. Following the transaction, the director owned 5,207,271 shares of the company's stock, valued at approximately $1,094,412,146.07. This represents a 14.53% decrease in their ownership of the stock. The SEC filing for this sale provides additional information. In the last three months, insiders have sold 1,563,501 shares of company stock valued at $335,380,530. Insiders own 3.94% of the company's stock.

Trending Headlines about NVIDIA

Here are the key news stories impacting NVIDIA this week:

• Positive Sentiment: NVIDIA’s planned $12.93 billion acquisition of Hugging Face could expand its full-stack AI strategy by combining its chips and CUDA software with Hugging Face’s open-model library and developer community. Analysts view the deal as potentially strengthening NVIDIA’s competitive moat. NVIDIA's Hugging Face Buyout article
• Positive Sentiment: CEO Jensen Huang said OpenAI’s GPT-6 Astra was trained on more than 100,000 Grace Blackwell systems, with another 400,000 GPUs coming online. The announcement reinforces NVIDIA’s role in the largest AI model deployments and highlights potential demand for future systems. Jensen Huang and OpenAI Astra article
• Positive Sentiment: NVIDIA’s $20 billion Groq investment is moving toward commercialization, with Groq 3 LPX racks expected to deploy alongside Vera CPUs and Rubin GPUs at Nebius later this year. This supports the company’s effort to broaden beyond standalone GPUs into complete AI infrastructure. NVIDIA Groq rack article
• Neutral Sentiment: Broadcom raised its expected fiscal 2027 AI-chip revenue to about $115 billion, signaling continued hyperscaler spending but also showing that customers increasingly want custom accelerators in addition to NVIDIA GPUs. Broadcom AI forecast article
• Negative Sentiment: Investors face growing risks from custom chips, AMD and older GPUs being redeployed for longer periods, potentially slowing replacement demand. Opposition to energy-intensive data centers could also delay the infrastructure buildout that supports NVIDIA’s sales. NVIDIA competition article
• Negative Sentiment: Despite exceptional growth, valuation expectations are demanding, while higher memory costs, rising receivables and weaker sequential free cash flow could pressure margins and investor confidence.

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.

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