NVIDIA Corporation $NVDA Stock Sold by Tompkins Financial Corp

Tompkins Financial Corp lessened its position in NVIDIA Corporation (NASDAQ:NVDA) by 6.7% during the 3rd quarter, HoldingsChannel reports. The institutional investor owned 238,194 shares of the computer hardware maker’s stock after selling 16,996 shares during the period. NVIDIA comprises about 3.8% of Tompkins Financial Corp’s investment portfolio, making the stock its 7th biggest holding. Tompkins Financial Corp’s holdings in NVIDIA were worth $54,399,000 at the end of the most recent quarter.

Other institutional investors have also recently made changes to their positions in the company. Baker Tilly Wealth Management LLC boosted its stake in NVIDIA by 0.7% during the 3rd quarter. Baker Tilly Wealth Management LLC now owns 72,424 shares of the computer hardware maker’s stock valued at $16,540,000 after purchasing an additional 526 shares during the last quarter. Ferguson Wellman Capital Management Inc. increased its holdings in shares of NVIDIA by 1.1% in the 3rd quarter. Ferguson Wellman Capital Management Inc. now owns 1,993,097 shares of the computer hardware maker’s stock worth $455,184,000 after purchasing an additional 22,126 shares in the last quarter. FC Advisory LLC increased its holdings in shares of NVIDIA by 5.1% in the 3rd quarter. FC Advisory LLC now owns 2,172 shares of the computer hardware maker’s stock worth $496,000 after purchasing an additional 106 shares in the last quarter. Heartwood Wealth Advisors LLC bought a new stake in shares of NVIDIA in the 3rd quarter worth $2,021,000. Finally, Rockland Trust Co. raised its stake in shares of NVIDIA by 6.4% in the third quarter. Rockland Trust Co. now owns 361,309 shares of the computer hardware maker’s stock worth $82,516,000 after purchasing an additional 21,664 shares during the last quarter. Hedge funds and other institutional investors own 65.27% of the company’s stock.

NVIDIA Stock Performance

Shares of NVDA opened at $216.00 on Tuesday. The company has a debt-to-equity ratio of 0.14, a current ratio of 4.59 and a quick ratio of 3.85. NVIDIA Corporation has a one year low of $164.27 and a one year high of $243.37. The firm has a market capitalization of $5.21 trillion, a P/E ratio of 27.31, a PEG ratio of 1.62 and a beta of 2.22. The business has a fifty day moving average of $222.48 and a 200 day moving average of $203.56.

NVIDIA (NASDAQ:NVDA) last posted its quarterly earnings data on Wednesday, August 26th. The computer hardware maker reported $2.22 EPS 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 company had revenue of $96.22 billion during the quarter, compared to analysts’ expectations of $92.27 billion. During the same quarter in the prior year, the business earned $1.05 earnings per share. NVIDIA’s revenue for the quarter was up 105.9% compared to the same quarter last year. As a group, sell-side analysts anticipate that NVIDIA Corporation will post 9.30 EPS for the current year.

NVIDIA announced that its Board of Directors has approved a share buyback plan on Monday, September 28th that allows the company to repurchase $150 billion in shares. This buyback authorization allows the computer hardware maker to buy up to 2.8% of its shares through open market purchases. Share buyback plans are often a sign that the company’s leadership believes its stock is undervalued.

NVIDIA Announces Dividend

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

Insider Buying and Selling at NVIDIA

In other news, Director Mark Stevens sold 622,239 shares of the company’s stock in a transaction dated Friday, September 4th. The shares were sold at an average price of $231.62, for a total transaction of $144,122,997.18. Following the completion of the sale, the director owned 2,336,531 shares of the company’s stock, valued at $541,187,310.22. This represents a 21.03% decrease in their position. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is available through this link. Also, EVP Timothy Teter sold 30,460 shares of the company’s stock in a transaction dated Monday, September 21st. The shares were sold at an average price of $222.80, for a total transaction of $6,786,488.00. Following the sale, the executive vice president directly owned 2,687,660 shares of the company’s stock, valued at $598,810,648. The trade was a 1.12% 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 sold a total of 1,766,118 shares of company stock worth $399,450,353 in the last three months. 3.94% of the stock is currently owned by company insiders.

Analyst Upgrades and Downgrades

NVDA has been the topic of a number of research analyst reports. Royal Bank Of Canada upped their price target on NVIDIA from $300.00 to $330.00 and gave the company an “outperform” rating in a report on Thursday, August 27th. President Capital increased their price objective on NVIDIA from $295.00 to $330.00 in a research report on Thursday, August 27th. UBS Group reiterated a “buy” rating on shares of NVIDIA in a report on Friday, October 9th. Raymond James Financial set a $515.00 target price on NVIDIA and gave the stock a “strong-buy” rating in a research report on Thursday, August 27th. Finally, Citigroup restated a “buy” rating and set a $315.00 target price (up from $300.00) on shares of NVIDIA in a research note on Thursday, August 27th. Five research analysts have rated the stock with a Strong Buy rating, forty-nine have assigned a Buy rating and one has assigned a Hold rating to the stock. According to data from MarketBeat, the company has an average rating of “Buy” and a consensus price target of $321.47.

NVIDIA News Summary

Here are the key news stories impacting NVIDIA this week:

• Positive Sentiment: SpaceX reportedly committed up to $40 billion in financing for NVIDIA’s Vera Rubin processors, with deliveries expected in 2027. SpaceX’s plans to build at least 10 gigawatts of computing capacity could create substantial long-term demand for NVIDIA hardware. Elon Musk and SpaceX Just Delivered Incredible News to Nvidia
• Positive Sentiment: Anthropic’s IPO filing highlighted approximately $224.5 billion in non-cancelable compute agreements with Amazon and Alphabet. The commitments reinforce expectations for sustained hyperscaler spending on NVIDIA GPUs and other AI infrastructure, despite Anthropic’s reported accounting-driven loss. Anthropic’s IPO Filing Reveals a Massive Opportunity for AI Infrastructure Giants
• Positive Sentiment: Demand indicators remain strong: GPU rental prices have risen sharply, including for older chips, while NVIDIA is expanding beyond data centers through a self-driving partnership with Mercedes-Benz and an industrial AI collaboration with Honeywell and Dell. Nvidia Just Doubled Down on Self-Driving Cars With Mercedes
• Neutral Sentiment: Analyst sentiment remains overwhelmingly bullish, with reports citing a 98% buy-rating rate and continued confidence in NVIDIA’s triple-digit revenue growth. However, the shares remain below their 50-day moving average while trading above the 200-day average, reflecting both strong long-term momentum and near-term volatility.
• Negative Sentiment: Credit-market pressure could slow AI data-center construction and reduce GPU purchases by highly leveraged neocloud operators. Analysts also warn of infrastructure bottlenecks, while Broadcom’s custom AI chips and open Ethernet alternatives could gradually challenge NVIDIA’s ecosystem and InfiniBand position. Seaport Reiterates Sell Rating On Nvidia Stock Over Data Center Infrastructure Bottlenecks

About NVIDIA

NVIDIA Corporation (NASDAQ: NVDA) is a technology company that designs graphics processing units (GPUs), accelerated computing platforms, networking products and related software. Its technologies support artificial intelligence, machine learning, scientific computing, data analytics, professional visualization and computer graphics.

The company’s products include GeForce GPUs for gaming and personal computing, data center GPUs and systems for AI and high-performance computing, and networking solutions used to connect and manage large-scale computing infrastructure.