Greenleaf Trust Has $110.47 Million Stock Position in NVIDIA Corporation $NVDA

Greenleaf Trust lowered its position in shares of NVIDIA Corporation (NASDAQ:NVDA) by 16.2% during the second quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission. The firm owned 699,201 shares of the computer hardware maker’s stock after selling 134,923 shares during the period. NVIDIA accounts for approximately 1.0% of Greenleaf Trust’s investment portfolio, making the stock its 7th biggest holding. Greenleaf Trust’s holdings in NVIDIA were worth $110,467,000 at the end of the most recent reporting period.

Several other hedge funds have also added to or reduced their stakes in the company. Kathleen S. Wright Associates Inc. lifted its holdings in shares of NVIDIA by 169.3% during the first quarter. Kathleen S. Wright Associates Inc. now owns 404 shares of the computer hardware maker’s stock worth $44,000 after buying an additional 254 shares in the last quarter. Barnes Dennig Private Wealth Management LLC bought a new position in NVIDIA during the first quarter worth about $51,000. Bruce G. Allen Investments LLC increased its position in NVIDIA by 198.2% during the first quarter. Bruce G. Allen Investments LLC now owns 492 shares of the computer hardware maker’s stock worth $53,000 after acquiring an additional 327 shares during the period. Legend Financial Advisors Inc. acquired a new stake in NVIDIA in the 2nd quarter worth about $55,000. Finally, Campbell Capital Management Inc. boosted its holdings in NVIDIA by 5,900.0% in the 1st quarter. Campbell Capital Management Inc. now owns 600 shares of the computer hardware maker’s stock valued at $65,000 after purchasing an additional 590 shares during the period. 65.27% of the stock is owned by institutional investors and hedge funds.

Analyst Ratings Changes

NVDA has been the topic of several recent research reports. Citigroup reaffirmed a “buy” rating and set a $210.00 target price (up from $200.00) on shares of NVIDIA in a report on Tuesday, September 30th. Mizuho raised their price objective on NVIDIA from $205.00 to $225.00 and gave the stock an “outperform” rating in a research note on Monday. Piper Sandler set a $225.00 target price on NVIDIA and gave the company an “overweight” rating in a research report on Wednesday, August 13th. Benchmark raised their price target on NVIDIA from $190.00 to $220.00 and gave the stock a “buy” rating in a research report on Thursday, August 28th. Finally, Sanford C. Bernstein reaffirmed a “buy” rating on shares of NVIDIA in a research note on Tuesday, September 23rd. Four equities research analysts have rated the stock with a Strong Buy rating, thirty-eight have assigned a Buy rating, four have given a Hold rating and one has assigned a Sell rating to the stock. Based on data from MarketBeat, the stock presently has a consensus rating of “Moderate Buy” and an average price target of $214.15.

Insider Activity at NVIDIA

In related news, CEO Jen Hsun Huang sold 75,000 shares of NVIDIA stock in a transaction that occurred on Monday, August 4th. The shares were sold at an average price of $178.16, for a total transaction of $13,362,000.00. Following the sale, the chief executive officer directly owned 73,523,225 shares in the company, valued at $13,098,897,766. This trade represents a 0.10% decrease in their position. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is available at this hyperlink. Also, Director Mark A. Stevens sold 350,000 shares of the company’s stock in a transaction that occurred on Friday, September 19th. The shares were sold at an average price of $176.39, for a total transaction of $61,736,500.00. Following the completion of the transaction, the director owned 7,399,803 shares of the company’s stock, valued at approximately $1,305,251,251.17. This trade represents a 4.52% decrease in their ownership of the stock. The disclosure for this sale can be found here. Insiders sold a total of 3,678,937 shares of company stock worth $653,013,526 in the last quarter. 4.17% of the stock is owned by insiders.

NVIDIA Stock Performance

Shares of NVIDIA stock opened at $180.12 on Wednesday. The company’s 50 day moving average price is $179.36 and its two-hundred day moving average price is $151.77. The firm has a market capitalization of $4.38 trillion, a P/E ratio of 51.32, a P/E/G ratio of 1.36 and a beta of 2.12. The company has a debt-to-equity ratio of 0.08, a current ratio of 4.21 and a quick ratio of 3.60. NVIDIA Corporation has a fifty-two week low of $86.62 and a fifty-two week high of $195.62.

NVIDIA (NASDAQ:NVDA) last issued its quarterly earnings data on Wednesday, August 27th. The computer hardware maker reported $1.05 earnings per share for the quarter, topping analysts’ consensus estimates of $1.01 by $0.04. NVIDIA had a return on equity of 101.74% and a net margin of 52.41%.The business had revenue of $46.74 billion for the quarter, compared to analyst estimates of $45.65 billion. During the same quarter in the previous year, the company posted $0.68 EPS. NVIDIA’s quarterly revenue was up 55.6% compared to the same quarter last year. NVIDIA has set its Q3 2026 guidance at EPS. On average, equities analysts forecast that NVIDIA Corporation will post 2.77 earnings per share for the current fiscal year.

NVIDIA Dividend Announcement

The company also recently disclosed a quarterly dividend, which was paid on Thursday, October 2nd. Stockholders of record on Thursday, September 11th were paid a $0.01 dividend. The ex-dividend date of this dividend was Thursday, September 11th. This represents a $0.04 annualized dividend and a dividend yield of 0.0%. NVIDIA’s dividend payout ratio is currently 1.14%.

NVIDIA Profile

NVIDIA Corporation provides graphics and compute and networking solutions in the United States, Taiwan, China, Hong Kong, and internationally. The Graphics segment offers GeForce GPUs for gaming and PCs, the GeForce NOW game streaming service and related infrastructure, and solutions for gaming platforms; Quadro/NVIDIA RTX GPUs for enterprise workstation graphics; virtual GPU or vGPU software for cloud-based visual and virtual computing; automotive platforms for infotainment systems; and Omniverse software for building and operating metaverse and 3D internet applications.