First Horizon Corp Reduces Its Stake in NVIDIA Corporation $NVDA by 3.7% in Q1 2026

1. First Horizon Corp cut its NVIDIA stake by 3.7% in Q1 2026 to 132,551 shares worth $23.1 million Newsworthy Reliable Neutral
2. NVIDIA stock represents about 1.0% of First Horizon Corp's portfolio, ranked as its 27th largest holding Relevant Reliable Neutral
3. Other institutional investors like Brighton Jones LLC and Bank Pictet increased their NVIDIA holdings in late 2025 Relevant Reliable Positive
4. As of July 2026, NVIDIA shares traded around $202.81, with a 52-week range of $164 to $236.54 Newsworthy Reliable Positive
5. NVIDIA reported Q1 2026 EPS of $1.87 beating estimates, with revenue of $81.61 billion, an 85.2% increase year-over-year Newsworthy Reliable Very positive
6. The company announced an $80 billion share buyback plan authorizing repurchase of up to 1.5% of shares Relevant Reliable Positive
7. NVIDIA raised its quarterly dividend to $0.25 per share in June 2026, a significant increase from $0.01 previously Relevant Reliable Positive
8. Company insiders sold significant shares in June 2026, with Director Mark A. Stevens selling 885,000 shares valued at $186 million Relevant Reliable Negative

Type: standard news · Analysis confidence: 95%

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