Trust Asset Management LLC Lowers Stake in NVIDIA Corporation $NVDA

Trust Asset Management LLC decreased its holdings in NVIDIA Corporation (NASDAQ:NVDA) by 1.6% during the second quarter, HoldingsChannel.com reports. The institutional investor owned 267,768 shares of the computer hardware maker’s stock after selling 4,363 shares during the quarter. NVIDIA accounts for 1.9% of Trust Asset Management LLC’s portfolio, making the stock its 5th largest position. Trust Asset Management LLC’s holdings in NVIDIA were worth $53,578,000 as of its most recent SEC filing.

Several other large investors also recently added to or reduced their stakes in the business. Defender Capital LLC. grew its position in shares of NVIDIA by 0.7% during the 2nd quarter. Defender Capital LLC. now owns 7,534 shares of the computer hardware maker’s stock valued at $1,507,000 after acquiring an additional 50 shares during the period. Spectrum Financial Alliance Ltd LLC raised its holdings in NVIDIA by 3.8% in the 1st quarter. Spectrum Financial Alliance Ltd LLC now owns 1,395 shares of the computer hardware maker’s stock worth $243,000 after purchasing an additional 51 shares during the period. LMG Wealth Partners LLC raised its holdings in NVIDIA by 0.7% in the 4th quarter. LMG Wealth Partners LLC now owns 7,649 shares of the computer hardware maker’s stock worth $1,427,000 after purchasing an additional 53 shares during the period. Vision Financial Markets LLC lifted its position in NVIDIA by 1.2% during the third quarter. Vision Financial Markets LLC now owns 4,640 shares of the computer hardware maker’s stock valued at $866,000 after purchasing an additional 53 shares in the last quarter. Finally, JGP Global Gestao de Recursos Ltda. lifted its position in NVIDIA by 2.3% during the fourth quarter. JGP Global Gestao de Recursos Ltda. now owns 2,402 shares of the computer hardware maker’s stock valued at $448,000 after purchasing an additional 55 shares in the last quarter. 65.27% of the stock is currently owned by institutional investors.

Insider Buying and Selling at NVIDIA

In other news, Director Mark A. Stevens sold 885,000 shares of the business’s stock in a transaction on Thursday, June 18th. The shares were sold at an average price of $210.17, for a total value 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. The trade was a 14.53% decrease in their ownership of the stock. The transaction was disclosed in a filing with the Securities & Exchange Commission, which can be accessed through this hyperlink. Also, Director Stephen C. Neal sold 15,500 shares of the firm’s stock in a transaction on Wednesday, June 3rd. The shares were sold at an average price of $215.73, for a total transaction of $3,343,815.00. Following the transaction, the director directly owned 116,135 shares of the company’s stock, valued at $25,053,803.55. The trade was a 11.77% decrease in their ownership of the stock. Additional details regarding this sale are available in the official SEC disclosure. Insiders sold 1,900,500 shares of company stock worth $410,449,265 in the last three months. Insiders own 3.94% of the company’s stock.

NVIDIA Stock Performance

NASDAQ:NVDA opened at $209.66 on Thursday. The stock has a 50-day moving average price of $207.61 and a 200 day moving average price of $200.35. The stock has a market capitalization of $5.07 trillion, a P/E ratio of 32.11, a P/E/G ratio of 0.42 and a beta of 2.23. NVIDIA Corporation has a 12-month low of $164.07 and a 12-month high of $236.54. The company has a current ratio of 3.44, a quick ratio of 2.85 and a debt-to-equity ratio of 0.04.

NVIDIA (NASDAQ:NVDA) last posted 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. NVIDIA had a return on equity of 96.94% and a net margin of 62.97%.The company had revenue of $96.22 billion for the quarter, compared to analysts’ expectations of $92.27 billion. During the same period in the previous year, the firm earned $1.05 EPS. The firm’s revenue was up 105.9% compared to the same quarter last year. Equities research analysts forecast that NVIDIA Corporation will post 8.8 EPS for the current fiscal year.

NVIDIA announced that its Board of Directors has initiated a stock buyback program on Wednesday, May 20th that permits the company to repurchase $80.00 billion in outstanding shares. This repurchase authorization permits the computer hardware maker to repurchase up to 1.5% of its shares through open market purchases. Shares repurchase programs are typically a sign that the company’s management believes its stock is undervalued.

Key Stories Impacting NVIDIA

Here are the key news stories impacting NVIDIA this week:

• Positive Sentiment: NVIDIA reported record fiscal Q2 revenue of $96.2 billion, up 106% year over year, while adjusted earnings per share of $2.22 exceeded the $2.09 consensus estimate. Data Center revenue rose 117% to $89.0 billion, confirming continued hyperscaler and AI-infrastructure demand. NVIDIA reports earnings beat as revenue more than doubles
• Positive Sentiment: Management forecast fiscal Q3 revenue of approximately $108 billion, above Wall Street expectations, and said fiscal 2028 revenue is expected to grow about 70%. The Vera Rubin platform is ramping into full production, supporting the longer-term growth outlook. Nvidia forecasts quarterly revenue above estimates
• Positive Sentiment: NVIDIA expanded its partnership with Amazon Web Services to deliver up to 2 million additional GPUs and next-generation AI infrastructure. The company also announced financing partnerships with major investment firms intended to mobilize more than $500 billion for AI buildouts, potentially expanding its customer base. AWS and NVIDIA to deliver 2 million additional GPUs
• Neutral Sentiment: Profitability remains exceptionally strong, with a 75% Q2 gross margin, $59.7 billion in GAAP net income and approximately $26 billion returned through buybacks and dividends. However, operating expenses increased 55% year over year, and investors are monitoring whether spending and investments will rise faster than earnings. NVIDIA announces financial results for second quarter fiscal 2027
• Negative Sentiment: Fiscal Q3 gross-margin guidance of approximately 74% is below Q2’s 75%, giving investors a reason to take profits despite the revenue beat. The outlook also assumes no Data Center compute revenue from China, highlighting regulatory and market-access risks. Nvidia forecasts quarterly revenue above estimates
• Negative Sentiment: Investors remain concerned that custom chips from customers such as OpenAI and Microsoft could gradually reduce demand for NVIDIA GPUs in inference workloads. Analysts also questioned whether NVIDIA’s investments and compute-financing initiatives could create circular-financing concerns. OpenAI’s Jalapeño AI chip brings new threat to Nvidia margins

Analysts Set New Price Targets

NVDA has been the subject of a number of analyst reports. Jefferies Financial Group restated a “buy” rating and issued a $300.00 price target (up from $275.00) on shares of NVIDIA in a research report on Thursday, May 21st. Wolfe Research reaffirmed an “outperform” rating and set a $275.00 price objective on shares of NVIDIA in a research report on Thursday, May 21st. Itau BBA Securities cut their price objective on 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. Finally, Benchmark restated a “buy” rating on shares of NVIDIA in a research note on Friday, August 21st. One investment analyst has rated the stock with a Strong Buy rating, fifty have given a Buy rating and three have issued a Hold rating to the stock. Based on data from MarketBeat.com, the company currently has an average rating of “Moderate Buy” and an average target price of $308.46.

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.