NVIDIA Corporation $NVDA Shares Purchased by New Covenant Trust Company N.A.

New Covenant Trust Company N.A. grew its stake in shares of NVIDIA Corporation (NASDAQ:NVDA) by 13.8% during the third quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission. The fund owned 29,235 shares of the computer hardware maker’s stock after buying an additional 3,552 shares during the period. NVIDIA makes up 4.5% of New Covenant Trust Company N.A.’s portfolio, making the stock its 6th biggest position. New Covenant Trust Company N.A.’s holdings in NVIDIA were worth $6,677,000 as of its most recent filing with the Securities and Exchange Commission.

Other hedge funds and other institutional investors also recently made changes to their positions in the company. Retirement Wealth Solutions LLC lifted its holdings in NVIDIA by 1.2% during the second quarter. Retirement Wealth Solutions LLC now owns 4,121 shares of the computer hardware maker’s stock worth $825,000 after acquiring an additional 47 shares in the last quarter. LightSquare Wealth Management LLC grew its stake in NVIDIA by 0.3% in the second quarter. LightSquare Wealth Management LLC now owns 18,695 shares of the computer hardware maker’s stock valued at $3,741,000 after acquiring an additional 49 shares during the period. Defender Capital LLC. increased its holdings in shares of NVIDIA by 0.7% in the second quarter. Defender Capital LLC. now owns 7,534 shares of the computer hardware maker’s stock worth $1,507,000 after acquiring an additional 50 shares in the last quarter. Kooman & Associates increased its holdings in shares of NVIDIA by 0.6% in the second quarter. Kooman & Associates now owns 8,464 shares of the computer hardware maker’s stock worth $1,694,000 after acquiring an additional 50 shares in the last quarter. Finally, Roof Eidam Maycock Peralta LLC increased its holdings in shares of NVIDIA by 0.3% in the second quarter. Roof Eidam Maycock Peralta LLC now owns 18,827 shares of the computer hardware maker’s stock worth $3,767,000 after acquiring an additional 50 shares in the last quarter. 65.27% of the stock is owned by institutional investors.

Wall Street Analyst Weigh In

Several equities analysts have recently weighed in on NVDA shares. Rosenblatt Securities reiterated a “buy” rating and set a $390.00 price objective on shares of NVIDIA in a report on Tuesday, September 29th. BNP Paribas Exane reissued an “outperform” rating and set a $345.00 target price on shares of NVIDIA in a research note on Monday, October 5th. Wall Street Zen cut NVIDIA from a “strong-buy” rating to a “buy” rating in a research note on Saturday, October 24th. Piper Sandler started coverage on shares of NVIDIA in a report on Wednesday, September 9th. They set an “overweight” rating and a $300.00 target price on the stock. Finally, Needham & Company LLC reaffirmed a “buy” rating and issued a $300.00 price target on shares of NVIDIA in a research note on Wednesday, October 21st. Five investment analysts have rated the stock with a Strong Buy rating, forty-nine have issued a Buy rating and one has assigned a Hold rating to the company. According to MarketBeat.com, the stock currently has an average rating of “Buy” and a consensus target price of $321.47.

Insider Activity at NVIDIA

In other NVIDIA news, Director Mark Stevens sold 622,239 shares of the business’s stock in a transaction that occurred on Friday, September 4th. The stock was sold at an average price of $231.62, for a total value of $144,122,997.18. Following the sale, the director owned 2,336,531 shares in the company, valued at approximately $541,187,310.22. The trade was a 21.03% decrease in their position. The transaction was disclosed in a legal filing with the SEC, which is accessible through this link. Also, EVP Timothy Teter sold 30,460 shares of the company’s stock in a transaction that occurred on Monday, September 21st. The stock was sold at an average price of $222.80, for a total value of $6,786,488.00. Following the transaction, the executive vice president directly owned 2,687,660 shares of the company’s stock, valued at approximately $598,810,648. This trade represents a 1.12% decrease in their position. The SEC filing for this sale provides additional information. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. In the last quarter, insiders have sold 1,766,118 shares of company stock valued at $399,450,353. 3.94% of the stock is owned by insiders.

NVIDIA News Roundup

Here are the key news stories impacting NVIDIA this week:

• Positive Sentiment: Demand indicators remain strong across the AI supply chain. Vertiv reported 61% year-over-year revenue growth, more than doubled organic orders and $4.12 billion in deferred revenue, suggesting hyperscalers are paying to secure power and cooling capacity rather than slowing spending. NVIDIA’s partnership with Vertiv could also shorten data-center deployment timelines. Plugging In: Vertiv Cashes In On AI Demand
• Positive Sentiment: Several reports continue to point to substantial long-term growth. Analysts and commentators highlighted NVIDIA’s projected 70% fiscal 2028 revenue growth, expanding product portfolio, supply-constrained demand and potential customer commitments from companies such as Meta and SpaceX. NVIDIA also released open speech-AI models, broadening its software and ecosystem reach. Nvidia Shareholders Have a Major Reason to Be Bullish
• Neutral Sentiment: NVIDIA is partnering with Eclypsium to secure the hardware layer beneath AI-agent infrastructure. The initiative may strengthen enterprise trust and create additional platform value, although its near-term financial impact is unclear. Eclypsium partners with Nvidia
• Negative Sentiment: The U.S. Department of Justice is examining NVIDIA’s reported $12.9 billion acquisition of Hugging Face, focusing on whether the transaction could give NVIDIA control over an important AI-model and developer distribution channel. Regulatory scrutiny adds uncertainty around the deal and NVIDIA’s broader ecosystem strategy. US DOJ examines Nvidia’s Hugging Face acquisition
• Negative Sentiment: Reports alleging that a suspected Chinese intelligence asset had access to CEO Jensen Huang renewed concerns about China-related chip controls, corporate security and potential government investigations. NVIDIA disputed the underlying diversion allegations, saying they had been investigated and debunked, but the controversy remains an overhang. Nvidia responds to report on Chinese intelligence asset
• Negative Sentiment: Seaport reiterated its Sell rating, citing mounting competition from Google’s custom AI chips and other accelerators. Rising memory costs are also expected to pressure NVIDIA’s gross margin, while investors remain sensitive to the company’s dependence on a concentrated group of hyperscale customers. Seaport reiterates its Sell rating on Nvidia

NVIDIA Stock Performance

NVDA opened at $213.66 on Friday. The business’s 50-day moving average price is $221.99 and its two-hundred day moving average price is $204.15. NVIDIA Corporation has a 1 year low of $164.27 and a 1 year high of $243.37. The company has a market capitalization of $5.15 trillion, a price-to-earnings ratio of 27.01, a P/E/G ratio of 1.65 and a beta of 2.22. 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 (NASDAQ:NVDA) last issued its quarterly earnings results 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. The company had revenue of $96.22 billion for the quarter, compared to analyst estimates of $92.27 billion. NVIDIA had a return on equity of 96.04% and a net margin of 63.66%. The company’s quarterly revenue was up 105.9% compared to the same quarter last year. During the same period in the previous year, the company posted $1.05 earnings per share. Equities analysts expect that NVIDIA Corporation will post 9.30 EPS for the current fiscal year.

NVIDIA Dividend Announcement

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

NVIDIA declared that its Board of Directors has approved a stock buyback program on Monday, September 28th that allows the company to repurchase $150 billion in outstanding shares. This buyback authorization allows the computer hardware maker to repurchase up to 2.8% of its shares through open market purchases. Stock buyback programs are often an indication that the company’s leadership believes its shares are undervalued.

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.