NVIDIA Corporation $NVDA Stock: Trustmark Bank Trust Department Grows Holdings

Trustmark Bank Trust Department grew its stake in shares of NVIDIA Corporation (NASDAQ:NVDA) by 5.0% in the second quarter, according to its most recent filing with the SEC. The institutional investor owned 124,608 shares of the computer hardware maker’s stock after purchasing an additional 5,975 shares during the period. NVIDIA comprises approximately 1.5% of Trustmark Bank Trust Department’s portfolio, making the stock its 12th biggest position. Trustmark Bank Trust Department’s holdings in NVIDIA were worth $24,933,000 as of its most recent SEC filing.

Several other institutional investors and hedge funds have also recently modified their holdings of NVDA. New Mexico Educational Retirement Board raised its stake in shares of NVIDIA by 8.0% during the 2nd quarter. New Mexico Educational Retirement Board now owns 1,205,486 shares of the computer hardware maker’s stock worth $241,206,000 after purchasing an additional 89,406 shares during the period. Royal London Asset Management Ltd. boosted its holdings in shares of NVIDIA by 0.3% in the 2nd quarter. Royal London Asset Management Ltd. now owns 17,986,795 shares of the computer hardware maker’s stock worth $3,598,978,000 after buying an additional 51,814 shares during the last quarter. Mufg Securities Americas Inc. boosted its holdings in shares of NVIDIA by 8.5% in the 2nd quarter. Mufg Securities Americas Inc. now owns 729,489 shares of the computer hardware maker’s stock worth $145,963,000 after buying an additional 57,236 shares during the last quarter. Van ECK Associates Corp grew its position in NVIDIA by 34.7% during the second quarter. Van ECK Associates Corp now owns 75,849,721 shares of the computer hardware maker’s stock valued at $15,176,771,000 after buying an additional 19,522,304 shares during the period. Finally, Northstar Asset Management Inc. grew its position in NVIDIA by 113.1% during the second quarter. Northstar Asset Management Inc. now owns 25,027 shares of the computer hardware maker’s stock valued at $5,008,000 after buying an additional 13,280 shares during the period. 65.27% of the stock is owned by hedge funds and other institutional investors.

Insider Buying and Selling at NVIDIA

In other NVIDIA news, Director Mark Stevens sold 622,239 shares of the stock in a transaction on Friday, September 4th. The stock was sold at an average price of $231.62, for a total transaction of $144,122,997.18. Following the sale, the director owned 2,336,531 shares in the company, valued at $541,187,310.22. This represents a 21.03% decrease in their ownership of the stock. The transaction was disclosed in a legal filing with the SEC, which is available at this link. Also, CFO Colette Kress sold 34,918 shares of the stock in a transaction on Thursday, September 17th. The stock was sold at an average price of $219.05, for a total value of $7,648,787.90. Following the sale, the chief financial officer owned 765,103 shares in the company, valued at approximately $167,595,812.15. This represents a 4.36% 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 have sold 1,766,118 shares of company stock valued at $399,450,353 in the last 90 days. 3.94% of the stock is currently owned by company insiders.

NVIDIA News Roundup

Here are the key news stories impacting NVIDIA this week:

• Positive Sentiment: Automotive expansion: Volvo Cars is expanding its long-running partnership with NVIDIA, adopting three NVIDIA hardware and software components for automated driving systems designed for urban streets and highways. This strengthens NVIDIA’s position in physical AI and autonomous vehicles. Volvo Cars expands automated driving partnership with Nvidia
• Positive Sentiment: Broader enterprise adoption: Adobe and NVIDIA expanded their collaboration to optimize Photoshop, Premiere, Substance 3D, Frame.io and Brand Concierge for faster AI-powered creation. LSEG also selected NVIDIA GPUs to accelerate analysis of its large Tick History dataset, supporting demand beyond hyperscale cloud providers. Adobe and NVIDIA Expand Collaboration to Speed Agentic Creation
• Positive Sentiment: Demand remains substantial: QumulusAI put all GPUs covered by a $71.9 million, three-year NVIDIA Blackwell agreement into production, while industry coverage continues to highlight supply constraints and extensive hyperscaler AI spending. These developments support NVIDIA’s revenue outlook, although they do not eliminate financing risks. QumulusAI Blackwell agreement
• Neutral Sentiment: AI safety initiatives: NVIDIA committed $250 million in computing resources over five years for U.K. agentic AI safety and security research. The move may improve NVIDIA’s regulatory and reputational position, but it is primarily a strategic investment rather than a near-term earnings catalyst. Nvidia pledges $250 million to boost UK AI safety research
• Neutral Sentiment: Political and governance attention: NVIDIA confirmed a multimillion-dollar donation to President Trump’s White House ballroom project, while CEO Jensen Huang discussed working with Chinese AI companies on safety and potentially withholding chips from irresponsible customers. These developments could generate reputational or regulatory scrutiny without directly changing near-term results. Nvidia and Cisco donations
• Negative Sentiment: Macro and financing concerns dominated: Rising Treasury yields and hotter inflation data encouraged investors to reduce exposure to high-growth AI stocks. Markets are increasingly questioning whether cloud providers and neoclouds can fund the infrastructure spending required to support NVIDIA’s growth. Rate pressure versus AI demand
• Negative Sentiment: Competition and valuation rotation: Analysts pointed to Micron’s lower valuation and improving AI-related margins as a more attractive alternative, while Broadcom, AMD and Microsoft’s custom-chip efforts reinforce concerns that NVIDIA’s market share and pricing power could face pressure. Micron versus NVIDIA

NVIDIA Price Performance

NVDA opened at $217.23 on Friday. The company has a market capitalization of $5.24 trillion, a price-to-earnings ratio of 27.46, a PEG ratio of 1.71 and a beta of 2.22. 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 firm has a 50-day moving average price of $223.40 and a 200-day moving average price of $211.08. NVIDIA Corporation has a twelve month low of $164.27 and a twelve month high of $243.37.

NVIDIA (NASDAQ:NVDA) last posted 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. The company had revenue of $96.22 billion for the quarter, compared to analyst estimates of $92.27 billion. NVIDIA had a net margin of 63.66% and a return on equity of 96.04%. The company’s quarterly revenue was up 105.9% compared to the same quarter last year. During the same quarter in the previous year, the firm posted $1.05 earnings per share. Equities analysts expect that NVIDIA Corporation will post 9.25 EPS for the current year.

NVIDIA announced that its Board of Directors has initiated a share repurchase program on Monday, September 28th that authorizes the company to buy back $150.00 billion in outstanding shares. This buyback authorization authorizes the computer hardware maker to repurchase up to 2.8% of its stock through open market purchases. Share buyback programs are generally an indication that the company’s leadership believes its stock is undervalued.

NVIDIA Dividend Announcement

The firm also recently disclosed a quarterly dividend, which was paid on Thursday, October 1st. Investors of record on Thursday, September 10th were paid a $0.25 dividend. This represents a $1.00 dividend on an annualized basis and a yield of 0.5%. The ex-dividend date was Thursday, September 10th. NVIDIA’s payout ratio is currently 12.64%.

Analyst Upgrades and Downgrades

A number of research firms recently issued reports on NVDA. Rothschild & Co Redburn raised their price objective on shares of NVIDIA from $300.00 to $325.00 in a report on Thursday, August 27th. Deutsche Bank Aktiengesellschaft reiterated a “buy” rating on shares of NVIDIA in a research note on Monday, August 31st. Piper Sandler began coverage on shares of NVIDIA in a research report on Wednesday, September 9th. They set an “overweight” rating and a $300.00 target price for the company. Weiss Ratings reissued a “buy (b)” rating on shares of NVIDIA in a research report on Friday, October 2nd. Finally, President Capital raised their price target on shares of NVIDIA from $295.00 to $330.00 in a research note on Thursday, August 27th. Five equities research analysts have rated the stock with a Strong Buy rating, forty-nine have issued a Buy rating and one has assigned a Hold rating to the stock. Based on data from MarketBeat.com, the stock currently has an average rating of “Buy” and a consensus price target of $321.89.

NVIDIA Profile

NVIDIA Corporation is a technology company that designs accelerated computing platforms, graphics processing units (GPUs), central processing units (CPUs), networking products and related software. Its technologies are used in artificial intelligence, data centers, scientific and technical computing, gaming, professional visualization, automotive systems and robotics.

The company’s products include GeForce GPUs and gaming software, data center computing platforms, networking solutions, and enterprise software for AI development and deployment.