Trillium Asset Management Cuts NVIDIA Stake by 18.3% in Q2

Trillium Asset Management LLC reduced its stake in NVIDIA Corporation (NASDAQ:NVDA) by 18.3% during the second quarter, selling 266,278 shares. The institutional investor now holds 1,192,453 shares, which account for approximately 7.3% of its total holdings, making NVIDIA its largest holding. The value of Trillium’s NVIDIA holdings at the end of the reporting period was $238,598,000.

Other hedge funds and institutional investors have also adjusted their positions in NVIDIA. Lifetime Wealth Management P.C. purchased a new position valued at about $26,000 during the fourth quarter. Longview Financial Advisors Inc. acquired a new position worth approximately $27,000 in the first quarter. Langley Wealth Management LLC, Phillip James Consulting Co., and Frankly Finances LLC also bought new positions in the second quarter, with values ranging from $34,000 to $60,000. Institutional investors collectively own 65.27% of NVIDIA’s stock.

Analysts remain bullish on NVIDIA, with Morgan Stanley naming it a top semiconductor pick and setting a $300 price target. The firm highlighted NVIDIA’s software ecosystem and AI infrastructure trends as key strengths. Raymond James Financial set a $515.00 price target, while Citigroup, Wedbush, and China Renaissance also raised their target prices. The stock currently has a consensus rating of “Buy” with an average target price of $320.71.

NVIDIA’s stock opened at $233.95, with a market cap of $5.64 trillion. The company recently reported strong earnings, beating estimates with $2.22 EPS on revenue of $96.22 billion, up 105.9% year-over-year. The board authorized a $150 billion stock repurchase program, lifting total remaining repurchase capacity to approximately $235 billion. However, concerns include potential export-control risks and competition from companies like Amazon and Alphabet.