Alta Capital Management Llc/ 13F: Cuts NVDA Stake by $18M
Key Points
- Alta Capital Management now holds 419,885 shares of NVIDIA, down from 496,572, representing a 15.4% decrease.
- The fund's NVIDIA stake accounts for 9.0% of its total reported value of about $1.07 billion.
- NVIDIA shares recently traded around $216, about equal to the event closing price of $216.00 on October 26, 2026.
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On October 26, 2026, Alta Capital Management reduced its stake in NVIDIA Corporation (NVDA) by 76,687 shares, bringing its total to 419,885 shares valued at about $95.9 million. This information comes from the fund's latest Form 13F filing with the SEC.
The reduction marks a 15.4% decrease in Alta's holdings. After this cut, NVIDIA represents 9.0% of the fund's total reported value of approximately $1.07 billion, making it the largest position in their portfolio.
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NVIDIA Corporation
Other Institutional Activity in NVIDIA
UniSuper Management trimmed its NVIDIA shares by 532,501, ending with 8,071,857 shares valued at about $1.84 billion. J. Safra Sarasin Holding also reduced its stake by 70,539 shares, now holding 1,715,029 shares worth approximately $346.8 million. In contrast, Ag2R la Mondiale Gestion D'Actifs increased its holdings by 46,273 shares, bringing its total to 1,090,799 shares valued at about $249.1 million.
NVIDIA Corporation Stock Up 2.4%
NVIDIA shares recently traded around $215.98, which is about equal to the closing price of $216.00 on October 26, 2026. The stock is currently below its 50-day moving average by about 2.8%, but above its 200-day moving average by 6.0%. It also remains 11.3% below its 52-week high of $243.37.
Recent Earnings
NVIDIA reported trailing twelve-month revenue of approximately $302.97 billion, reflecting a year-over-year revenue growth of 105.9%. The next earnings report is expected on November 17, 2026.
Dividend
NVIDIA pays an annual dividend rate of $1.00 per share, with a dividend yield of 0.46% and a payout ratio of 3.5%.
Insider Buying and Selling at NVIDIA Corporation
Mark A. Stevens, a Director at NVIDIA, has sold a total of 4,471,740 shares in three transactions earlier this year, all before September 21, 2026. The total value of these sales was approximately $946.5 million.
Analysts Set New Price Targets
On October 22, 2026, Needham reiterated its "Buy" rating on NVIDIA, maintaining a price target of $300.00. The consensus rating among analysts is a "strong buy" with a mean price target of $328.95, based on 58 opinions.
About NVIDIA Corporation
NVIDIA Corporation operates as a technology company specializing in graphics processing units (GPUs) and artificial intelligence solutions. The company serves various sectors, including data centers and automotive industries, making it a significant player in the tech landscape.
Bottom Line
Investors should keep an eye on NVIDIA's upcoming earnings report on November 17, 2026, and watch for further institutional trading activity in the stock. Alta Capital's recent reduction in shares suggests a shift in their investment strategy regarding NVIDIA.
Related Filing Alerts
Source: Alta Capital Management Llc/'s 13F filing on $NVDA (Oct 26, 2026). 13F filings show holdings as of the end of the reporting quarter and may not reflect the fund's current position. Written by software, not financial advice. How we make alerts