NVIDIA Corporation $NVDA Stake Trimmed by Mitchell Mcleod Pugh & Williams Inc.

Posted by Jessica Moore on Jul 10th, 2026

Mitchell Mcleod Pugh & Williams Inc. lessened its holdings in shares of NVIDIA Corporation (NASDAQ:NVDA – Free Report) by 4.4% during the 1st quarter, according to the company in its most recent 13F filing with the Securities & Exchange Commission. The fund owned 92,468 shares of the computer hardware maker’s stock after selling 4,275 shares during the quarter. NVIDIA makes up about 2.4% of Mitchell Mcleod Pugh & Williams Inc.’s portfolio, making the stock its 6th biggest holding. Mitchell Mcleod Pugh & Williams Inc.’s holdings in NVIDIA were worth $16,126,000 at the end of the most recent quarter.

A number of other large investors have also modified their holdings of the business. Peoples Bank OH grew its holdings in shares of NVIDIA by 0.7% during the first quarter. Peoples Bank OH now owns 11,366 shares of the computer hardware maker’s stock worth $1,982,000 after buying an additional 77 shares in the last quarter. Alexis Investment Partners LLC lifted its stake in shares of NVIDIA by 3.7% in the first quarter. Alexis Investment Partners LLC now owns 14,963 shares of the computer hardware maker’s stock worth $2,471,000 after buying an additional 537 shares in the last quarter. Bayban boosted its position in NVIDIA by 40.0% during the first quarter. Bayban now owns 1,124 shares of the computer hardware maker’s stock worth $196,000 after acquiring an additional 321 shares during the last quarter. North Point Portfolio Managers Corp OH grew its stake in NVIDIA by 12.5% during the 1st quarter. North Point Portfolio Managers Corp OH now owns 1,213 shares of the computer hardware maker’s stock valued at $212,000 after acquiring an additional 135 shares in the last quarter. Finally, iA Global Asset Management Inc. raised its holdings in NVIDIA by 3.8% in the 1st quarter. iA Global Asset Management Inc. now owns 2,934,317 shares of the computer hardware maker’s stock valued at $511,745,000 after acquiring an additional 108,020 shares during the last quarter. Hedge funds and other institutional investors own 65.27% of the company’s stock.

NVIDIA Price Performance

NASDAQ:NVDA opened at $202.78 on Friday. NVIDIA Corporation has a 52 week low of $161.61 and a 52 week high of $236.54. The stock’s fifty day moving average is $209.45 and its two-hundred day moving average is $194.30. The company has a market capitalization of $4.91 trillion, a P/E ratio of 31.05, a P/E/G ratio of 0.45 and a beta of 2.21. The company has a quick ratio of 2.85, a current ratio of 3.44 and a debt-to-equity ratio of 0.04.

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

NVIDIA Increases Dividend

The business also recently announced a quarterly dividend, which was paid on Friday, June 26th. Shareholders of record on Thursday, June 4th were paid a dividend of $0.25 per share. This represents a $1.00 annualized dividend and a yield of 0.5%. This is a boost from NVIDIA’s previous quarterly dividend of $0.01. The ex-dividend date of this dividend was Thursday, June 4th. NVIDIA’s payout ratio is 15.31%.

NVIDIA announced that its Board of Directors has authorized 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 shares through open market purchases. Shares repurchase plans are usually a sign that the company’s management believes its stock is undervalued.

Analysts Set New Price Targets

Several brokerages have recently weighed in on NVDA. New Street Research lowered their target price on NVIDIA from $343.00 to $340.00 in a report on Thursday, May 21st. Melius Research set a $400.00 price target on NVIDIA in a report on Thursday, May 21st. Wolfe Research reiterated an “outperform” rating and set a $275.00 price objective on shares of NVIDIA in a research report on Thursday, May 21st. Mizuho set a $300.00 price objective on NVIDIA in a research note on Thursday, May 21st. Finally, KeyCorp set a $310.00 target price on NVIDIA and gave the company an “overweight” rating in a report on Thursday, May 21st. Three investment analysts have rated the stock with a Strong Buy rating, forty-eight have given a Buy rating and three have issued a Hold rating to the stock. According to data from MarketBeat, NVIDIA has a consensus rating of “Buy” and an average price target of $303.84.

View Our Latest Report on NVIDIA

Insider Buying and Selling at NVIDIA

In related news, Director John Dabiri sold 625 shares of the stock in a transaction that occurred on Wednesday, May 27th. The shares were sold at an average price of $214.00, for a total transaction of $133,750.00. Following the completion of the transaction, the director owned 14,163 shares of the company’s stock, valued at approximately $3,030,882. This trade represents a 4.23% decrease in their position. The transaction was disclosed in a document filed with the SEC, which is accessible through this hyperlink. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Also, Director Mark A. Stevens sold 885,000 shares of NVIDIA stock in a transaction that occurred on Thursday, June 18th. The shares were sold at an average price of $210.17, for a total transaction of $186,000,450.00. Following the completion of the sale, the director owned 5,207,271 shares of the company’s stock, valued at $1,094,412,146.07. This trade represents a 14.53% decrease in their position. The disclosure for this sale is available in the SEC filing. Insiders sold a total of 1,901,125 shares of company stock worth $410,583,015 over the last three months. Insiders own 3.94% of the company’s stock.

Trending Headlines about NVIDIA

Here are the key news stories impacting NVIDIA this week:

Positive Sentiment: Bank of America and other analysts reiterated bullish views, saying NVIDIA still dominates AI infrastructure spending and that the current valuation looks attractive after the recent selloff. Nvidia backed by Bank of America as analysts see AI leadership supporting further growth
Positive Sentiment: Research from SemiAnalysis suggested NVIDIA could beat Wall Street expectations on data center revenue, reinforcing the view that AI demand remains stronger than many investors fear. Wall Street’s Most Watched Researcher Just Predicted NVIDIA Will Crush Earnings. Will the Stock Rally?
Positive Sentiment: NVIDIA announced or was highlighted in several AI product and ecosystem updates, including Hugging Face LeRobot integration and new NIM microservices, which help support its long-term platform story. NVIDIA (NVDA) Integrates Isaac AI Tools into Hugging Face LeRobot
Neutral Sentiment: Reports that China may allow limited purchases of NVIDIA H200 chips could modestly improve sentiment, but supply appears tightly capped, limiting the near-term impact. China plans to let top AI firms buy limited amount of Nvidia H200 chips, the Information reports
Neutral Sentiment: Several articles argued NVIDIA is trading at a lower valuation than usual, which may attract value buyers, but the same decline also reflects investor concerns about competition, margins, and delays in next-gen infrastructure. Nvidia’s stock trades at a juicy discount, according to BofA
Negative Sentiment: Some coverage pointed to slower momentum in the stock versus other AI and semiconductor names, plus concerns about rising competition and a broader rotation away from NVIDIA into other parts of the AI supply chain. Nvidia stock continues to struggle even as AI peers soar: buy, sell, or hold?
Negative Sentiment: Reuters also reported that France’s competition probe into NVIDIA is nearing an end, keeping regulatory overhang in focus. French competition authority’s Nvidia probe nearing end

About NVIDIA

(Free Report)

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.