Encompass More Asset Management Sells 14,254 Shares of NVIDIA Corporation $NVDA

Encompass More Asset Management cut its stake in NVIDIA Corporation (NASDAQ:NVDA) by 34.0% in the 2nd quarter, Holdings Channel.com reports. The fund owned 27,610 shares of the computer hardware maker’s stock after selling 14,254 shares during the quarter. NVIDIA comprises approximately 0.8% of Encompass More Asset Management’s investment portfolio, making the stock its 27th biggest position. Encompass More Asset Management’s holdings in NVIDIA were worth $5,525,000 as of its most recent SEC filing.

Other institutional investors have also recently modified their holdings of the company. Cox Capital Mgt LLC grew its holdings in shares of NVIDIA by 12.1% during the 2nd quarter. Cox Capital Mgt LLC now owns 27,603 shares of the computer hardware maker’s stock worth $5,523,000 after purchasing an additional 2,982 shares in the last quarter. Baldwin Wealth Partners LLC MA raised its stake in NVIDIA by 10.3% in the second quarter. Baldwin Wealth Partners LLC MA now owns 496,839 shares of the computer hardware maker’s stock valued at $99,413,000 after purchasing an additional 46,572 shares in the last quarter. Advisory Resource Group lifted its position in NVIDIA by 7.1% during the second quarter. Advisory Resource Group now owns 19,023 shares of the computer hardware maker’s stock worth $3,806,000 after purchasing an additional 1,259 shares during the period. Hudson Capital Management LLC lifted its position in NVIDIA by 7.9% during the second quarter. Hudson Capital Management LLC now owns 6,796 shares of the computer hardware maker’s stock worth $1,360,000 after purchasing an additional 498 shares during the period. Finally, LRI Investments LLC grew its stake in NVIDIA by 2.3% during the second quarter. LRI Investments LLC now owns 72,730 shares of the computer hardware maker’s stock worth $14,553,000 after buying an additional 1,625 shares in the last quarter. 65.27% of the stock is currently owned by institutional investors.

Key NVIDIA News

Here are the key news stories impacting NVIDIA this week:

• Positive Sentiment: NVIDIA reported record fiscal Q2 revenue of $96.2 billion, up 106% year over year, while adjusted earnings per share of $2.22 exceeded the $2.09 consensus estimate. Data Center revenue rose 117% to $89.0 billion, confirming continued hyperscaler and AI-infrastructure demand. NVIDIA reports earnings beat as revenue more than doubles
• Positive Sentiment: Management forecast fiscal Q3 revenue of approximately $108 billion, above Wall Street expectations, and said fiscal 2028 revenue is expected to grow about 70%. The Vera Rubin platform is ramping into full production, supporting the longer-term growth outlook. Nvidia forecasts quarterly revenue above estimates
• Positive Sentiment: NVIDIA expanded its partnership with Amazon Web Services to deliver up to 2 million additional GPUs and next-generation AI infrastructure. The company also announced financing partnerships with major investment firms intended to mobilize more than $500 billion for AI buildouts, potentially expanding its customer base. AWS and NVIDIA to deliver 2 million additional GPUs
• Neutral Sentiment: Profitability remains exceptionally strong, with a 75% Q2 gross margin, $59.7 billion in GAAP net income and approximately $26 billion returned through buybacks and dividends. However, operating expenses increased 55% year over year, and investors are monitoring whether spending and investments will rise faster than earnings. NVIDIA announces financial results for second quarter fiscal 2027
• Negative Sentiment: Fiscal Q3 gross-margin guidance of approximately 74% is below Q2’s 75%, giving investors a reason to take profits despite the revenue beat. The outlook also assumes no Data Center compute revenue from China, highlighting regulatory and market-access risks. Nvidia forecasts quarterly revenue above estimates
• Negative Sentiment: Investors remain concerned that custom chips from customers such as OpenAI and Microsoft could gradually reduce demand for NVIDIA GPUs in inference workloads. Analysts also questioned whether NVIDIA’s investments and compute-financing initiatives could create circular-financing concerns. OpenAI’s Jalapeño AI chip brings new threat to Nvidia margins

Insiders Place Their Bets

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

Analyst Ratings Changes

Several equities analysts have commented on NVDA shares. Deutsche Bank Aktiengesellschaft reissued a “hold” rating and issued a $255.00 target price (up from $220.00) on shares of NVIDIA in a report on Thursday, May 21st. Tigress Financial restated a “strong-buy” rating and set a $425.00 price objective (up from $360.00) on shares of NVIDIA in a research report on Wednesday, May 27th. UBS Group restated a “buy” rating on shares of NVIDIA in a research note on Friday, August 14th. Argus raised their target price on NVIDIA from $220.00 to $270.00 and gave the company a “buy” rating in a report on Thursday, May 21st. Finally, Royal Bank Of Canada reiterated an “outperform” rating and issued a $300.00 price target on shares of NVIDIA in a research note on Thursday, August 20th. One research analyst has rated the stock with a Strong Buy rating, fifty have issued a Buy rating and three have given a Hold rating to the company. Based on data from MarketBeat.com, the company currently has an average rating of “Moderate Buy” and an average price target of $308.46.

NVIDIA Stock Down 1.6%

Shares of NASDAQ NVDA opened at $209.66 on Thursday. The company has a 50 day simple moving average of $207.61 and a 200 day simple moving average of $200.35. The company has a debt-to-equity ratio of 0.04, a current ratio of 3.44 and a quick ratio of 2.85. NVIDIA Corporation has a 1 year low of $164.07 and a 1 year high of $236.54. The firm has a market cap of $5.07 trillion, a PE ratio of 32.11, a price-to-earnings-growth ratio of 0.42 and a beta of 2.23.

NVIDIA (NASDAQ:NVDA) last posted its earnings results on Wednesday, August 26th. The computer hardware maker reported $2.22 earnings per share for the quarter, topping analysts’ consensus estimates of $2.09 by $0.13. NVIDIA had a net margin of 62.97% and a return on equity of 96.94%. The firm had revenue of $96.22 billion for the quarter, compared to analyst estimates of $92.27 billion. During the same period in the previous year, the firm posted $1.05 EPS. The company’s revenue for the quarter was up 105.9% compared to the same quarter last year. On average, research analysts forecast that NVIDIA Corporation will post 8.8 EPS for the current year.

NVIDIA announced that its Board of Directors has approved a stock buyback plan on Wednesday, May 20th that authorizes the company to repurchase $80.00 billion in outstanding shares. This repurchase authorization authorizes the computer hardware maker to purchase up to 1.5% of its stock through open market purchases. Stock repurchase plans are usually a sign that the company’s board of directors believes its stock is undervalued.

NVIDIA 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.