NVIDIA Corporation $NVDA Shares Newly Purchased by Varenne Capital Partners

Varenne Capital Partners purchased a new position in NVIDIA Corporation (NASDAQ:NVDA) in the 2nd quarter, according to its most recent 13F filing with the Securities & Exchange Commission. The institutional investor purchased 154,959 shares of the computer hardware maker’s stock, valued at approximately $30,984,000. NVIDIA makes up approximately 5.1% of Varenne Capital Partners’ portfolio, making the stock its 7th biggest holding.

Other large investors also recently modified their holdings of the company. Montgomery Financial Services LLC acquired a new position in shares of NVIDIA in the 2nd quarter valued at approximately $28,000. Longview Financial Advisors Inc. bought a new stake in NVIDIA during the 1st quarter worth approximately $27,000. Phillip James Consulting Co. acquired a new stake in NVIDIA during the 1st quarter worth approximately $40,000. Bard Associates Inc. raised its holdings in NVIDIA by 8,866.7% during the 2nd quarter. Bard Associates Inc. now owns 269 shares of the computer hardware maker’s stock worth $54,000 after buying an additional 266 shares during the period. Finally, Frankly Finances LLC acquired a new stake in NVIDIA during the 2nd quarter worth approximately $60,000. 65.27% of the stock is currently owned by institutional investors.

Insider Activity

In other news, CFO Colette Kress sold 34,918 shares of the business’s 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 $167,595,812.15. The trade was a 4.36% decrease in their ownership of the stock. The sale was disclosed in a document filed with the SEC, which can be accessed through the SEC website. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Also, EVP Timothy Teter sold 30,460 shares of the business’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 completion of the sale, the executive vice president directly owned 2,687,660 shares in the company, valued at approximately $598,810,648. This represents a 1.12% 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. Insiders have sold 1,766,118 shares of company stock worth $399,450,353 over the last ninety days. Insiders own 3.94% of the company’s stock.

Analyst Upgrades and Downgrades

NVDA has been the topic of a number of research reports. TD Cowen reaffirmed a “buy” rating on shares of NVIDIA in a research note on Tuesday, August 18th. Raymond James Financial set a $515.00 price objective on shares of NVIDIA and gave the stock a “strong-buy” rating in a research report on Thursday, August 27th. China Renaissance increased their price objective on shares of NVIDIA from $319.00 to $330.00 and gave the stock a “buy” rating in a research report on Monday, August 31st. Sanford C. Bernstein restated a “buy” rating on shares of NVIDIA in a report on Monday, September 21st. Finally, Yorkville Ives assumed coverage on shares of NVIDIA in a report on Tuesday, October 6th. They set an “outperform” rating and a $300.00 price objective on the stock. 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, the company presently has a consensus rating of “Buy” and a consensus target price of $321.47.

NVIDIA Stock Up 2.5%

Shares of NVIDIA stock opened at $221.88 on Thursday. The business’s 50 day simple moving average is $223.13 and its 200 day simple moving average is $212.32. NVIDIA Corporation has a 52-week low of $164.27 and a 52-week high of $243.37. The firm has a market cap of $5.35 trillion, a PE ratio of 28.05, a P/E/G ratio of 1.66 and a beta of 2.22. 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 (NASDAQ:NVDA) last released its earnings results on Wednesday, August 26th. The computer hardware maker reported $2.22 EPS for the quarter, beating the consensus estimate of $2.09 by $0.13. NVIDIA had a return on equity of 96.04% and a net margin of 63.66%. The firm had revenue of $96.22 billion for the quarter, compared to analysts’ expectations of $92.27 billion. During the same quarter in the previous year, the business posted $1.05 EPS. The business’s quarterly revenue was up 105.9% compared to the same quarter last year. On average, analysts predict that NVIDIA Corporation will post 9.30 earnings per share for the current fiscal year.

NVIDIA announced that its board has initiated a stock repurchase program on Monday, September 28th that authorizes the company to buy back $150.00 billion in outstanding shares. This buyback authorization authorizes the computer hardware maker to purchase up to 2.8% of its shares through open market purchases. Stock buyback programs are generally an indication that the company’s board of directors believes its stock is undervalued.

NVIDIA Dividend Announcement

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

More NVIDIA News

Here are the key news stories impacting NVIDIA this week:

• Positive Sentiment: SpaceX demand supported the broader AI trade. Elon Musk said SpaceX is adding approximately 200,000 chips per month, strengthening investor confidence that spending on NVIDIA’s systems remains robust. Nvidia Stock Rises as SpaceX Adds Chips
• Positive Sentiment: New DSX platforms could accelerate revenue deployment. NVIDIA introduced the factory-built DSX POD, which packages Vera Rubin computing, networking, cabling, power and liquid cooling in modular units. The design could reduce deployment time from roughly six months to as little as 14 days, allowing data-center operators to bring AI capacity online and generate revenue sooner. Nvidia Announces Vera Rubin Racks
• Positive Sentiment: NVIDIA is expanding beyond GPUs into complete AI factories. Its DSX ecosystem targets power, cooling and infrastructure constraints, with claims of up to 30% lower power use and near-zero cooling-water consumption in some designs. Partners including Dell, HPE, Schneider Electric, Vertiv and major cloud providers are supporting the platform. European Ecosystem Builds AI Factories With NVIDIA DSX
• Positive Sentiment: Multiple partnerships broaden NVIDIA’s long-term opportunity. GTC announcements covered robotics, autonomous vehicles, telecom AI-RAN, enterprise AI-agent security, healthcare and quantum computing. Separately, Agile Robots plans to produce up to 2,000 humanoid robots using NVIDIA technology, highlighting potential growth beyond data centers. Germany’s Agile Robots Partnership
• Neutral Sentiment: Investors remain focused on execution and competition. Analysts see continued AI spending, but Google and Amazon are developing alternatives to NVIDIA’s software and accelerators. NVIDIA’s high valuation, reliance on partners and reports of sustained insider selling could also limit upside if growth expectations or deployment timelines disappoint.

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.