NVIDIA Corporation $NVDA Shares Sold by SPX Gestao de Recursos Ltda

SPX Gestao de Recursos Ltda lessened its holdings in NVIDIA Corporation (NASDAQ:NVDA) by 57.2% in the 2nd quarter, HoldingsChannel.com reports. The firm owned 112,739 shares of the computer hardware maker’s stock after selling 150,461 shares during the quarter. NVIDIA comprises approximately 2.2% of SPX Gestao de Recursos Ltda’s portfolio, making the stock its 15th largest holding. SPX Gestao de Recursos Ltda’s holdings in NVIDIA were worth $22,558,000 as of its most recent SEC filing.

Several other hedge funds have also recently added to or reduced their stakes in NVDA. Lifetime Wealth Management P.C. bought a new stake in NVIDIA in the fourth quarter valued at $26,000. Longview Financial Advisors Inc. acquired a new position in NVIDIA during the first quarter worth $27,000. Phillip James Consulting Co. acquired a new position in NVIDIA during the first quarter worth $40,000. Frankly Finances LLC acquired a new position in NVIDIA during the second quarter worth $60,000. Finally, Lam Group Inc. bought a new position in shares of NVIDIA during the first quarter valued at $77,000. Institutional investors and hedge funds own 65.27% of the company’s stock.

Wall Street Analysts Forecast Growth

Several equities research analysts have recently weighed in on the stock. Rothschild & Co Redburn upped their target price on shares of NVIDIA from $300.00 to $325.00 in a report on Thursday, August 27th. Piper Sandler began coverage on shares of NVIDIA in a report on Wednesday, September 9th. They set an “overweight” rating and a $300.00 price target for the company. HSBC lifted their price target on shares of NVIDIA from $360.00 to $365.00 in a report on Thursday, August 27th. President Capital raised their price objective on shares of NVIDIA from $295.00 to $330.00 in a report on Thursday, August 27th. Finally, Truist Financial raised their price objective on shares of NVIDIA from $307.00 to $346.00 and gave the stock a “buy” rating in a report on Thursday, August 27th. Five equities research analysts have rated the stock with a Strong Buy rating, forty-nine have issued a Buy rating and one has issued a Hold rating to the company’s stock. Based on data from MarketBeat.com, the stock has an average rating of “Buy” and an average target price of $321.89.

NVIDIA Stock Performance

Shares of NASDAQ:NVDA opened at $221.30 on Thursday. The business has a fifty day moving average of $223.43 and a 200-day moving average of $210.73. The company has a debt-to-equity ratio of 0.14, a quick ratio of 3.85 and a current ratio of 4.59. NVIDIA Corporation has a twelve month low of $164.27 and a twelve month high of $243.37. The firm has a market cap of $5.33 trillion, a PE ratio of 27.98, a price-to-earnings-growth ratio of 1.77 and a beta of 2.22.

NVIDIA (NASDAQ:NVDA) last issued its quarterly earnings results on Wednesday, August 26th. The computer hardware maker reported $2.22 earnings per share (EPS) for the quarter, topping the consensus estimate of $2.09 by $0.13. The business had revenue of $96.22 billion for the quarter, compared to the consensus estimate of $92.27 billion. NVIDIA had a net margin of 63.66% and a return on equity of 96.04%. The firm’s quarterly revenue was up 105.9% on a year-over-year basis. During the same quarter in the prior year, the company earned $1.05 EPS. On average, equities research analysts predict that NVIDIA Corporation will post 9.25 EPS for the current fiscal year.

NVIDIA Dividend Announcement

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

NVIDIA declared that its Board of Directors has approved a share buyback plan on Monday, September 28th that permits the company to buy back $150.00 billion in shares. This repurchase authorization permits the computer hardware maker to repurchase up to 2.8% of its stock through open market purchases. Stock repurchase plans are generally a sign that the company’s board believes its stock is undervalued.

More NVIDIA News

Here are the key news stories impacting NVIDIA this week:

• Positive Sentiment: NVIDIA announced a five-year, $250 million compute commitment to support U.K. AI safety and security research. The initiative strengthens NVIDIA’s relationships with governments, universities and AI developers while promoting its hardware and software ecosystem. NVIDIA pledges $250 million to boost UK AI safety research
• Positive Sentiment: New ecosystem announcements highlighted continued demand for NVIDIA technology. LSEG is using NVIDIA GPUs to accelerate historical market-data processing, while NVIDIA introduced tools including cuPotential for molecular simulation and expanded collaborations in AI-defined chip manufacturing. LSEG teams up with NVIDIA for faster market data processing
• Positive Sentiment: State Street launched a sector ETF designed to give NVIDIA a 20.93% allocation, above the 15.41% weighting in its comparable fund, potentially creating incremental demand for NVDA shares. New State Street Sector ETFs Give Biggest Stocks Full Weight
• Neutral Sentiment: CEO Jensen Huang said NVIDIA would stop supplying chips to customers developing unsafe AI systems. The stance may improve regulatory and reputational positioning, although broader AI-safety concerns could increase scrutiny of the company and industry. Nvidia, Anthropic Weigh In On AI Safeguards
• Negative Sentiment: Investors are assessing competitive threats from Microsoft’s Maia 300 architecture and Intel’s lower-cost, air-cooled Crescent Island inference GPU. Custom accelerators and cheaper inference solutions could pressure NVIDIA’s pricing, growth assumptions and market share over time. Microsoft Just Unveiled a Brand-New AI Chip
• Negative Sentiment: IDC reportedly estimates NVIDIA’s China AI-chip market share has fallen to 34% as Huawei gains ground, underscoring export restrictions and rising local competition. Separately, investor Michael Burry is betting against chip stocks, reinforcing valuation and AI-spending concerns. NVIDIA’s China AI chip market share falls to 34%

Insiders Place Their Bets

In other news, Director Mark Stevens sold 622,239 shares of the company’s stock in a transaction that occurred on Friday, September 4th. The shares were sold at an average price of $231.62, for a total transaction of $144,122,997.18. Following the transaction, the director directly owned 2,336,531 shares in the company, valued at approximately $541,187,310.22. This represents a 21.03% decrease in their ownership of the stock. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is accessible through this link. Also, CFO Colette Kress sold 34,918 shares of the company’s stock in a transaction that occurred on Thursday, September 17th. The stock was sold at an average price of $219.05, for a total transaction of $7,648,787.90. Following the transaction, the chief financial officer owned 765,103 shares in the company, valued at $167,595,812.15. The trade was a 4.36% decrease in their ownership of the stock. The disclosure for this sale is available in the SEC filing. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Over the last three months, insiders sold 1,766,118 shares of company stock valued at $399,450,353. Insiders own 3.94% of the company’s stock.

About NVIDIA

NVIDIA Corporation is a technology company that designs accelerated computing platforms, graphics processing units (GPUs), central processing units (CPUs), networking products and related software. Its technologies are used in artificial intelligence, data centers, scientific and technical computing, gaming, professional visualization, automotive systems and robotics.

The company’s products include GeForce GPUs and gaming software, data center computing platforms, networking solutions, and enterprise software for AI development and deployment.