NVIDIA Corporation $NVDA Shares Bought by Wall Street Financial Group Inc.

Wall Street Financial Group Inc. lifted its position in shares of NVIDIA Corporation (NASDAQ:NVDA) by 13.4% during the 2nd quarter, HoldingsChannel.com reports. The fund owned 48,008 shares of the computer hardware maker’s stock after acquiring an additional 5,674 shares during the quarter. NVIDIA makes up about 5.1% of Wall Street Financial Group Inc.’s investment portfolio, making the stock its 6th biggest position. Wall Street Financial Group Inc.’s holdings in NVIDIA were worth $9,606,000 as of its most recent SEC filing.

Other large investors have also recently added to or reduced their stakes in the company. Arnold Financial Planning LLC increased its stake in NVIDIA by 32.5% during the second quarter. Arnold Financial Planning LLC now owns 4,266 shares of the computer hardware maker’s stock valued at $854,000 after purchasing an additional 1,046 shares during the last quarter. Y Intercept Hong Kong Ltd bought a new stake in shares of NVIDIA during the 2nd quarter valued at about $25,980,000. Jeter Robert S II lifted its holdings in NVIDIA by 1.1% in the second quarter. Jeter Robert S II now owns 13,981 shares of the computer hardware maker’s stock worth $2,949,000 after acquiring an additional 154 shares during the last quarter. Cadent Capital Advisors LLC boosted its stake in NVIDIA by 650.0% in the second quarter. Cadent Capital Advisors LLC now owns 11,857 shares of the computer hardware maker’s stock valued at $2,373,000 after acquiring an additional 10,276 shares during the period. Finally, Define Financial LLC grew its holdings in shares of NVIDIA by 36.5% during the second quarter. Define Financial LLC now owns 5,498 shares of the computer hardware maker’s stock valued at $1,100,000 after purchasing an additional 1,471 shares during the last quarter. 65.27% of the stock is currently owned by institutional investors.

Analyst Ratings Changes

A number of research firms recently issued reports on NVDA. JPMorgan Chase & Co. boosted their price objective on NVIDIA from $265.00 to $280.00 and gave the company an “overweight” rating in a research report on Thursday, May 21st. William Blair reissued an “outperform” rating on shares of NVIDIA in a report on Tuesday, June 2nd. Benchmark reaffirmed a “buy” rating on shares of NVIDIA in a report on Friday. KeyCorp reiterated an “overweight” rating and issued a $330.00 price objective on shares of NVIDIA in a research report on Monday. Finally, Royal Bank Of Canada restated an “outperform” rating and issued a $300.00 target price on shares of NVIDIA in a research report on Thursday, August 20th. Two research analysts have rated the stock with a Strong Buy rating, forty-nine have given a Buy rating and three have given a Hold rating to the company’s stock. Based on data from MarketBeat, NVIDIA currently has a consensus rating of “Moderate Buy” and an average target price of $308.46.

NVIDIA Trading Up 2.2%

NASDAQ:NVDA opened at $213.05 on Wednesday. The stock has a market cap of $5.16 trillion, a price-to-earnings ratio of 32.63, a PEG ratio of 0.41 and a beta of 2.23. The company has a debt-to-equity ratio of 0.04, a quick ratio of 2.85 and a current ratio of 3.44. NVIDIA Corporation has a 1 year low of $164.07 and a 1 year high of $236.54. The business has a fifty day moving average of $207.50 and a 200-day moving average of $200.09.

NVIDIA announced that its Board of Directors has approved a stock buyback program on Wednesday, May 20th that permits the company to buyback $80.00 billion in outstanding shares. This buyback authorization permits the computer hardware maker to buy up to 1.5% of its shares through open market purchases. Shares buyback programs are usually an indication that the company’s board of directors believes its shares are undervalued.

Insider Activity

In related news, Director Mark A. Stevens sold 885,000 shares of the stock in a transaction dated Thursday, June 18th. The shares were sold at an average price of $210.17, for a total value of $186,000,450.00. Following the completion of the transaction, the director owned 5,207,271 shares in the company, valued at $1,094,412,146.07. This represents a 14.53% decrease in their position. The sale was disclosed in a filing with the SEC, which is available at this hyperlink. Also, Director Stephen C. Neal sold 15,500 shares of the firm’s stock in a transaction dated Wednesday, June 3rd. The shares were sold at an average price of $215.73, for a total transaction of $3,343,815.00. Following the transaction, the director directly owned 116,135 shares in the company, valued at approximately $25,053,803.55. The trade was a 11.77% decrease in their position. The SEC filing for this sale provides additional information. Insiders sold 1,900,500 shares of company stock valued at $410,449,265 in the last ninety days. Corporate insiders own 3.94% of the company’s stock.

Key Headlines Impacting NVIDIA

Here are the key news stories impacting NVIDIA this week:

• Positive Sentiment: NVIDIA’s launch of the Groq 3 LPX into full production strengthens its inference-AI portfolio. The accelerator reportedly achieved 3,400 output tokens per second in benchmarking, while Nebius plans to become its first AI-cloud customer. NVIDIA Groq 3 LPX production announcement
• Positive Sentiment: The new Jetson Orin Nano 2 robotics computer delivers twice the inference performance of its predecessor at the same size and uses 40% less power, expanding NVIDIA’s opportunity in edge AI, robotics and autonomous systems. Jetson Orin Nano 2 announcement
• Positive Sentiment: Wall Street expects another exceptionally strong quarter, with consensus revenue near $92 billion and approximately 95% year-over-year growth. Analysts including Raymond James, Rosenblatt, KeyBanc and Cantor Fitzgerald maintained bullish ratings and price targets ranging from $325 to $352. NVIDIA growth and Rubin earnings preview
• Neutral Sentiment: Options markets imply an unusually large post-earnings move, estimated at roughly 5.4% or approximately $280 billion in market value. Investors are focused on Rubin shipment growth, margins, hyperscaler demand, supply constraints and management’s forward guidance. NVIDIA options-implied earnings move
• Negative Sentiment: Despite strong expected results, NVIDIA entered earnings after a seven-session losing streak and is testing technical support. Investors increasingly worry that a simple earnings beat may already be priced in, particularly because the stock has often declined after prior beats. NVIDIA tests support ahead of earnings
• Negative Sentiment: Reports of potential 15% or greater price increases for next-generation AI servers could create customer resistance and give competing chips or custom silicon an opening. Concerns also persist around hyperscalers’ heavy capital spending, NVIDIA’s AI investments and financing arrangements, and possible competition from startups such as Etched and Cerebras. NVIDIA hyperscaler dependence
• Negative Sentiment: Taiwanese authorities indicted individuals, including employees linked to NVIDIA and Super Micro, over alleged illegal AI-server exports to China, adding regulatory and geopolitical risk. Taiwan AI-server export investigation

NVIDIA Company Profile

NVIDIA Corporation, founded in 1993 and headquartered in Santa Clara, California, is a global technology company that designs and develops graphics processing units (GPUs) and system-on-chip (SoC) technologies. Co-founded by Jensen Huang, who serves as president and chief executive officer, along with Chris Malachowsky and Curtis Priem, NVIDIA has grown from a graphics-focused chipmaker into a broad provider of accelerated computing hardware and software for multiple industries.

The company’s product portfolio spans discrete GPUs for gaming and professional visualization (marketed under the GeForce and NVIDIA RTX lines), high-performance data center accelerators used for AI training and inference (including widely adopted platforms such as the A100 and H100 series), and Tegra SoCs for automotive and edge applications.