Stock Yards Bank & Trust Co. Has $76.37 Million Stock Position in NVIDIA Corporation $NVDA

Stock Yards Bank & Trust Co. increased its stake in shares of NVIDIA Corporation (NASDAQ:NVDA) by 7.0% during the 1st quarter, HoldingsChannel.com reports. The fund owned 437,899 shares of the computer hardware maker’s stock after acquiring an additional 28,648 shares during the period. NVIDIA accounts for about 2.4% of Stock Yards Bank & Trust Co.’s holdings, making the stock its 11th biggest holding. Stock Yards Bank & Trust Co.’s holdings in NVIDIA were worth $76,370,000 as of its most recent SEC filing.

Other large investors have also recently bought and sold shares of the company. Jacobsen Capital Management grew its stake in NVIDIA by 0.3% in the first quarter. Jacobsen Capital Management now owns 49,255 shares of the computer hardware maker’s stock valued at $8,590,000 after purchasing an additional 164 shares in the last quarter. LB Partners LLC acquired a new stake in shares of NVIDIA in the 1st quarter valued at approximately $1,046,000. Midwest Capital Advisors LLC boosted its holdings in shares of NVIDIA by 6.8% in the 1st quarter. Midwest Capital Advisors LLC now owns 6,240 shares of the computer hardware maker’s stock valued at $1,088,000 after buying an additional 400 shares during the last quarter. Capital Asset Advisory Services LLC grew its stake in shares of NVIDIA by 7.9% in the first quarter. Capital Asset Advisory Services LLC now owns 210,440 shares of the computer hardware maker’s stock valued at $36,701,000 after buying an additional 15,483 shares in the last quarter. Finally, Bellevue Asset Management LLC increased its holdings in NVIDIA by 82.5% during the first quarter. Bellevue Asset Management LLC now owns 13,449 shares of the computer hardware maker’s stock worth $2,346,000 after buying an additional 6,079 shares during the last quarter. 65.27% of the stock is owned by institutional investors and hedge funds.

NVIDIA Stock Performance

NVDA opened at $210.96 on Friday. The business has a fifty day simple moving average of $209.48 and a 200 day simple moving average of $194.42. The company has a market capitalization of $5.11 trillion, a PE ratio of 32.31, a price-to-earnings-growth ratio of 0.45 and a beta of 2.21. NVIDIA Corporation has a 1 year low of $162.02 and a 1 year high of $236.54. The company has a debt-to-equity ratio of 0.04, a current ratio of 3.44 and a quick ratio of 2.85.

NVIDIA (NASDAQ:NVDA) last posted its quarterly earnings data on Wednesday, May 20th. The computer hardware maker reported $1.87 earnings per share for the quarter, topping the consensus estimate of $1.76 by $0.11. NVIDIA had a return on equity of 96.94% and a net margin of 62.97%.The firm had revenue of $81.61 billion for the quarter, compared to analysts’ expectations of $78.42 billion. During the same quarter last year, the business earned $0.81 EPS. The company’s quarterly revenue was up 85.2% compared to the same quarter last year. Research analysts expect that NVIDIA Corporation will post 8.79 EPS for the current year.

NVIDIA declared that its Board of Directors has approved a share buyback plan on Wednesday, May 20th that permits the company to repurchase $80.00 billion in shares. This repurchase authorization permits the computer hardware maker to purchase up to 1.5% of its stock through open market purchases. Stock repurchase plans are often a sign that the company’s board believes its shares are undervalued.

NVIDIA Increases Dividend

The firm also recently declared a quarterly dividend, which was paid on Friday, June 26th. Stockholders of record on Thursday, June 4th were given a $0.25 dividend. The ex-dividend date was Thursday, June 4th. This is a positive change from NVIDIA’s previous quarterly dividend of $0.01. This represents a $1.00 dividend on an annualized basis and a dividend yield of 0.5%. NVIDIA’s dividend payout ratio (DPR) is presently 15.31%.

Insider Activity

In other news, Director Stephen C. Neal sold 15,500 shares of the company’s stock in a transaction on Wednesday, June 3rd. The stock was sold at an average price of $215.73, for a total transaction of $3,343,815.00. Following the completion of the sale, the director directly owned 116,135 shares in the company, valued at approximately $25,053,803.55. This represents a 11.77% decrease in their position. The transaction was disclosed in a legal filing with the SEC, which can be accessed through this hyperlink. Also, Director Mark A. Stevens sold 885,000 shares of the company’s stock in a transaction dated 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 sale, the director directly owned 5,207,271 shares of the company’s stock, valued at $1,094,412,146.07. This represents a 14.53% decrease in their position. The SEC filing for this sale provides additional information. Over the last ninety days, insiders sold 1,901,125 shares of company stock worth $410,583,015. Corporate insiders own 3.94% of the company’s stock.

Analyst Ratings Changes

Several analysts have issued reports on NVDA shares. Deutsche Bank Aktiengesellschaft reaffirmed a “hold” rating and set a $255.00 price target (up from $220.00) on shares of NVIDIA in a research report on Thursday, May 21st. Truist Financial raised their target price on shares of NVIDIA from $287.00 to $307.00 and gave the company a “buy” rating in a research note on Thursday, May 21st. Stifel Nicolaus set a $282.00 price target on NVIDIA and gave the company a “buy” rating in a report on Thursday, May 21st. Barclays reaffirmed an “overweight” rating on shares of NVIDIA in a research report on Thursday, May 21st. Finally, UBS Group upped their price objective on shares of NVIDIA from $275.00 to $280.00 and gave the company a “buy” rating in a report on Thursday, May 21st. Three investment analysts have rated the stock with a Strong Buy rating, forty-eight have issued a Buy rating and three have issued a Hold rating to the stock. According to data from MarketBeat.com, the company currently has a consensus rating of “Buy” and an average target price of $303.84.

Trending Headlines about NVIDIA

Here are the key news stories impacting NVIDIA this week:

• Positive Sentiment: Analysts and commentators said NVDA’s lower valuation and dominant position in AI spending could make recent weakness a buying opportunity, with Bank of America and others highlighting strong long-term upside.
• Positive Sentiment: Reuters reported that Nvidia supplier King Yuan Electronics plans to invest up to $1.4 billion in a U.S. facility, reinforcing the scale of the AI hardware supply chain and ongoing buildout around NVIDIA. Article Title
• Positive Sentiment: NVIDIA also announced a partnership with Fervo to launch an EGS-Twin geothermal platform, adding another AI-related ecosystem collaboration that investors may view as supportive of future growth. Article Title
• Positive Sentiment: Coverage around Nvidia’s strong Q1 results and the company’s upbeat revenue guidance near $91 billion for the next quarter continues to underline that AI demand is still running hot.
• Neutral Sentiment: Media and trading activity around NVDA remains elevated, including options-flow commentary, “most watched” stock chatter, and repeated articles on its AI leadership, which can keep the shares volatile but do not change fundamentals on their own.
• Negative Sentiment: Some reports noted pressure from customers and competitors building in-house AI chips, and there was also discussion of a possible delay to NVIDIA’s next-gen Kyber rack-scale architecture, both of which could raise investor concerns about future margins and timing.

NVIDIA Profile

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.