Webster Bank N. A. Has $41.38 Million Stock Position in NVIDIA Corporation $NVDA

Key Points

• Webster Bank N.A. reduced its NVIDIA position by 3.3% in the second quarter, selling 7,004 shares and retaining 206,799 shares worth approximately $41.38 million. NVIDIA represents 3.6% of the bank’s portfolio and is its sixth-largest holding.
• NVIDIA reported strong quarterly results, with revenue up 105.9% year over year to $96.22 billion and earnings of $2.22 per share, exceeding analyst estimates. The company also authorized an $80 billion share-repurchase program.
• Analysts remain broadly bullish, with a “Moderate Buy” consensus and an average price target of $324.83, but investors face risks from custom AI chips, prolonged use of older GPUs, demanding valuation, rising costs and recent insider selling.

Webster Bank N. A. decreased its holdings in NVIDIA Corporation (NASDAQ:NVDA - Free Report) by 3.3% in the second quarter, according to the company in its most recent 13F filing with the SEC. The fund owned 206,799 shares of the computer hardware maker's stock after selling 7,004 shares during the quarter. NVIDIA accounts for approximately 3.6% of Webster Bank N. A.'s holdings, making the stock its 6th biggest position. Webster Bank N. A.'s holdings in NVIDIA were worth $41,378,000 as of its most recent SEC filing.

Other institutional investors have also recently made changes to their positions in the company. Lifetime Wealth Management P.C. bought a new stake in shares of NVIDIA during the 4th quarter valued at about $26,000. Longview Financial Advisors Inc. bought a new stake in NVIDIA during the 1st quarter worth approximately $27,000. Longfellow Investment Management Co. LLC lifted its holdings in NVIDIA by 47.9% during the second quarter. Longfellow Investment Management Co. LLC now owns 207 shares of the computer hardware maker's stock valued at $33,000 after purchasing an additional 67 shares in the last quarter. Phillip James Consulting Co. purchased a new position in NVIDIA during the first quarter valued at approximately $40,000. Finally, Spurstone Advisory Services LLC bought a new position in shares of NVIDIA in the second quarter worth approximately $40,000. Hedge funds and other institutional investors own 65.27% of the company's stock.

Key Headlines Impacting 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.

Insider Activity at NVIDIA

In other NVIDIA news, 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 value of $6,536,400.00. Following the sale, the executive vice president owned 2,687,660 shares of the company's stock, valued at $585,587,360.80. The trade was a 1.10% decrease in their position. The transaction was disclosed in a legal filing with the SEC, which is available 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 value of $186,000,450.00. Following the sale, the director directly owned 5,207,271 shares in the company, valued at $1,094,412,146.07. This trade represents a 14.53% decrease in their ownership of the stock. The disclosure for this sale is available in the SEC filing. Insiders have sold a total of 1,563,501 shares of company stock valued at $335,380,530 in the last 90 days. 3.94% of the stock is currently owned by company insiders.

NVIDIA Price Performance

Shares of NVDA stock opened at $230.36 on Tuesday. The stock has a market cap of $5.55 trillion, a P/E ratio of 29.12, a PEG ratio of 1.81 and a beta of 2.22. NVIDIA Corporation has a 52 week low of $164.07 and a 52 week high of $236.54. The company has a quick ratio of 3.85, a current ratio of 4.59 and a debt-to-equity ratio of 0.14. The company's fifty day simple moving average is $211.32 and its two-hundred day simple moving average is $202.51.

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

NVIDIA announced that its board has authorized a share repurchase program 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 stock through open market purchases. Stock repurchase programs are generally an indication that the company's leadership believes its stock is undervalued.

NVIDIA Announces Dividend

The company also recently declared a quarterly dividend, which will be paid on Thursday, October 1st. Investors 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 dividend on an annualized basis and a yield of 0.4%. NVIDIA's dividend payout ratio is presently 12.64%.

Analyst Upgrades and Downgrades

A number of brokerages have recently issued reports on NVDA. Itau BBA Securities reduced their price objective on shares of NVIDIA from $256.00 to $218.00 in a research note on Wednesday, June 24th. BMO Capital Markets set a $340.00 target price on shares of NVIDIA and gave the stock an "outperform" rating in a report on Thursday, August 20th. Deutsche Bank Aktiengesellschaft reiterated a "buy" rating on shares of NVIDIA in a research note on Monday, August 31st. 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. Finally, KGI Securities boosted their price objective on NVIDIA from $335.00 to $345.00 in a research report on Thursday, August 27th. Two research analysts have rated the stock with a Strong Buy rating, fifty have given a Buy rating and three have issued a Hold rating to the company. According to data from MarketBeat, NVIDIA presently has an average rating of "Moderate Buy" and an average target price of $324.83.

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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