NVIDIA Corporation $NVDA Shares Sold by Senator Investment Group LP

Senator Investment Group LP cut its stake in shares of NVIDIA Corporation (NASDAQ:NVDA) by 59.2% during the second quarter, according to the company in its most recent Form 13F filing with the SEC. The firm owned 336,579 shares of the computer hardware maker’s stock after selling 488,100 shares during the quarter. NVIDIA makes up approximately 2.5% of Senator Investment Group LP’s holdings, making the stock its 13th biggest holding. Senator Investment Group LP’s holdings in NVIDIA were worth $67,346,000 at the end of the most recent reporting period.

Other institutional investors and hedge funds have also recently modified their holdings of the company. Ancora Advisors LLC lifted its holdings in shares of NVIDIA by 0.4% in the 2nd quarter. Ancora Advisors LLC now owns 174,716 shares of the computer hardware maker’s stock worth $34,959,000 after buying an additional 782 shares during the period. Fosun International Ltd raised its holdings in shares of NVIDIA by 46.9% in the second quarter. Fosun International Ltd now owns 21,945 shares of the computer hardware maker’s stock valued at $4,391,000 after acquiring an additional 7,010 shares in the last quarter. Moore Capital Management LP raised its holdings in shares of NVIDIA by 72.5% in the second quarter. Moore Capital Management LP now owns 506,088 shares of the computer hardware maker’s stock valued at $101,263,000 after acquiring an additional 212,726 shares in the last quarter. Benjamin Edwards Inc. raised its holdings in shares of NVIDIA by 32.7% in the second quarter. Benjamin Edwards Inc. now owns 849,108 shares of the computer hardware maker’s stock valued at $169,896,000 after acquiring an additional 209,467 shares in the last quarter. Finally, GTS Securities LLC lifted its stake in NVIDIA by 26.5% in the second quarter. GTS Securities LLC now owns 583,462 shares of the computer hardware maker’s stock worth $116,745,000 after acquiring an additional 122,310 shares during the period. Institutional investors own 65.27% of the company’s stock.

NVIDIA Stock Down 1.4%

Shares of NASDAQ:NVDA traded down $3.10 during trading on Friday, reaching $214.13. The stock had a trading volume of 120,783,023 shares, compared to its average volume of 108,333,480. NVIDIA Corporation has a one year low of $164.27 and a one year high of $243.37. The company has a market capitalization of $5.16 trillion, a P/E ratio of 27.07, a PEG ratio of 1.67 and a beta of 2.22. The company has a current ratio of 4.59, a quick ratio of 3.85 and a debt-to-equity ratio of 0.14. The firm’s 50-day simple moving average is $223.20 and its 200 day simple moving average is $211.10.

NVIDIA (NASDAQ:NVDA) last posted its quarterly earnings data on Wednesday, August 26th. The computer hardware maker reported $2.22 EPS for the quarter, topping the consensus estimate of $2.09 by $0.13. NVIDIA had a net margin of 63.66% and a return on equity of 96.04%. The firm had revenue of $96.22 billion during the quarter, compared to analyst estimates of $92.27 billion. During the same quarter in the previous year, the business posted $1.05 EPS. NVIDIA’s revenue was up 105.9% on a year-over-year basis. As a group, research analysts expect that NVIDIA Corporation will post 9.27 EPS for the current fiscal year.

NVIDIA Dividend Announcement

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

NVIDIA announced that its Board of Directors has authorized a stock repurchase program on Monday, September 28th that allows the company to repurchase $150.00 billion in outstanding shares. This repurchase authorization allows the computer hardware maker to reacquire up to 2.8% of its shares through open market purchases. Share repurchase programs are generally a sign that the company’s management believes its shares are undervalued.

Wall Street Analyst Weigh In

Several research analysts have issued reports on the stock. 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. JPMorgan Chase & Co. boosted their price target on shares of NVIDIA from $280.00 to $320.00 and gave the company an “overweight” rating in a report on Thursday, August 27th. Rothschild & Co Redburn boosted their price target on shares of NVIDIA from $300.00 to $325.00 in a report on Thursday, August 27th. HSBC upped their price target on shares of NVIDIA from $360.00 to $365.00 in a research report on Thursday, August 27th. Finally, President Capital boosted their price objective on shares of NVIDIA from $295.00 to $330.00 in a research note on Thursday, August 27th. Five analysts have rated the stock with a Strong Buy rating, forty-nine have given a Buy rating and one has issued a Hold rating to the company’s stock. According to MarketBeat.com, the stock has a consensus rating of “Buy” and a consensus target price of $321.89.

Trending Headlines about NVIDIA

Here are the key news stories impacting NVIDIA this week:

• Positive Sentiment: New RTX Spark laptops expand NVIDIA’s addressable market. Systems from ASUS, Dell, HP, Lenovo, Microsoft and MSI are now available starting at $2,599, combining Blackwell graphics, up to 128GB of memory and local AI capabilities. The launch could create a new consumer and developer revenue stream beyond data centers. NVIDIA RTX Spark PCs Available Today
• Positive Sentiment: Automotive and enterprise adoption continues. Volvo expanded its partnership with NVIDIA for automated-driving systems, while Adobe is integrating NVIDIA technology across Photoshop, Premiere and other creative tools. These agreements support longer-term demand for NVIDIA hardware and software. Volvo Cars expands automated driving partnership
• Positive Sentiment: Supply-chain investment and customer deployments remain strong. Taiwan is reportedly considering as much as $4 billion for Texas industrial parks serving NVIDIA suppliers, and customers continue deploying Blackwell systems. The developments reinforce demand, although they may take time to affect revenue. Taiwan Texas industrial parks
• Neutral Sentiment: NVIDIA is broadening its software and AI-model ecosystem. Paid offerings such as AI Enterprise and Mission Control, along with Nemotron open models and partnerships with AI startups, could make earnings less dependent on hardware. However, the articles provide no near-term financial contribution.
• Negative Sentiment: AI financing concerns are the main pressure. CoreWeave’s debt has reportedly traded at distressed yields, raising questions about whether highly leveraged customers can continue funding data-center expansion. Higher Treasury yields and inflation concerns are also making large AI projects more expensive. CoreWeave financing worries
• Negative Sentiment: Investors are questioning AI growth expectations. OpenAI’s reported $50 billion revenue run rate was below the roughly $68 billion previously anticipated, prompting concern that AI demand may mature more slowly. Microsoft’s development of custom Maia chips also highlights the risk of customers developing alternatives to NVIDIA GPUs. OpenAI revenue expectations
• Negative Sentiment: Reported insider selling adds a sentiment overhang. Recent data showed NVIDIA insiders made numerous sales and no open-market purchases over the past six months, though such transactions may reflect planned diversification rather than a change in business outlook.

Insiders Place Their Bets

In other news, EVP Timothy Teter sold 30,460 shares of the company’s stock in a transaction on Monday, September 21st. The stock was sold at an average price of $222.80, for a total transaction 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 represents a 1.12% decrease in their ownership of the stock. The sale was disclosed in a document filed with the SEC, which is accessible through this hyperlink. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Also, CFO Colette Kress sold 34,918 shares of the stock in a transaction on Thursday, September 17th. The shares were sold at an average price of $219.05, for a total value of $7,648,787.90. Following the sale, the chief financial officer owned 765,103 shares of the company’s stock, valued at approximately $167,595,812.15. This represents a 4.36% decrease in their position. 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 have sold 1,766,118 shares of company stock valued at $399,450,353. 3.94% of the stock is currently owned by insiders.

NVIDIA Profile

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.