NVIDIA Corporation $NVDA Stake Increased by Proficio Capital Partners LLC

Proficio Capital Partners LLC lifted its stake in shares of NVIDIA Corporation (NASDAQ:NVDA) by 70.1% in the second quarter, according to its most recent filing with the SEC. The fund owned 246,335 shares of the computer hardware maker’s stock after acquiring an additional 101,481 shares during the period. NVIDIA makes up 1.8% of Proficio Capital Partners LLC’s investment portfolio, making the stock its 12th biggest position. Proficio Capital Partners LLC’s holdings in NVIDIA were worth $49,289,000 as of its most recent filing with the SEC.

Other hedge funds and other institutional investors also recently added to or reduced their stakes in the company. Nwam LLC grew its position in NVIDIA by 0.4% in the second quarter. Nwam LLC now owns 240,813 shares of the computer hardware maker’s stock worth $48,184,000 after acquiring an additional 865 shares in the last quarter. Teza Capital Management LLC increased its stake in NVIDIA by 59.5% in the second quarter. Teza Capital Management LLC now owns 6,715 shares of the computer hardware maker’s stock valued at $1,344,000 after acquiring an additional 2,506 shares during the last quarter. Gill Capital Partners LLC raised its position in NVIDIA by 0.3% during the second quarter. Gill Capital Partners LLC now owns 20,862 shares of the computer hardware maker’s stock valued at $4,174,000 after purchasing an additional 60 shares in the last quarter. Rehmann Capital Advisory Group raised its position in NVIDIA by 1.8% during the second quarter. Rehmann Capital Advisory Group now owns 150,653 shares of the computer hardware maker’s stock valued at $30,127,000 after purchasing an additional 2,709 shares in the last quarter. Finally, CMH Wealth Management LLC raised its position in NVIDIA by 4.0% during the second quarter. CMH Wealth Management LLC now owns 46,153 shares of the computer hardware maker’s stock valued at $9,235,000 after purchasing an additional 1,784 shares in the last quarter. 65.27% of the stock is currently owned by hedge funds and other institutional investors.

Analyst Upgrades and Downgrades

A number of equities analysts have recently issued reports on NVDA shares. Rosenblatt Securities reiterated a “buy” rating and issued a $390.00 price objective on shares of NVIDIA in a report on Tuesday, September 29th. President Capital increased their price objective on NVIDIA from $295.00 to $330.00 in a research report on Thursday, August 27th. DZ Bank reissued a “buy” rating on shares of NVIDIA in a report on Wednesday, August 26th. Truist Financial boosted their target price on NVIDIA from $307.00 to $346.00 and gave the stock a “buy” rating in a research report on Thursday, August 27th. Finally, Deutsche Bank Aktiengesellschaft restated a “buy” rating on shares of NVIDIA in a research report on Monday, August 31st. Five investment analysts have rated the stock with a Strong Buy rating, forty-nine have issued a Buy rating and one has given a Hold rating to the stock. According to data from MarketBeat.com, NVIDIA currently has a consensus rating of “Buy” and an average target price of $321.89.

Insiders Place Their Bets

In other news, EVP Timothy S. Teter sold 30,460 shares of the stock in a transaction that occurred 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 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 transaction was disclosed in a document filed with the SEC, which can be accessed 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 firm’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 completion of the transaction, the chief financial officer owned 765,103 shares in the company, valued at $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. Insiders have sold 1,766,118 shares of company stock valued at $399,450,353 in the last ninety days. Company insiders own 3.94% of the company’s stock.

NVIDIA Trading Down 1.4%

Shares of NASDAQ:NVDA traded down $3.10 on Friday, reaching $214.13. 120,783,023 shares of the company traded hands, compared to its average volume of 108,333,480. The business’s 50-day simple moving average is $223.20 and its 200 day simple moving average is $211.10. NVIDIA Corporation has a 52 week low of $164.27 and a 52 week high of $243.37. The stock has a market capitalization of $5.16 trillion, a P/E ratio of 27.07, a price-to-earnings-growth 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.

NVIDIA (NASDAQ:NVDA) last released 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 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 the consensus estimate of $92.27 billion. During the same quarter in the previous year, the business earned $1.05 earnings per share. The company’s quarterly revenue was up 105.9% on a year-over-year basis. As a group, equities analysts anticipate that NVIDIA Corporation will post 9.27 EPS for the current fiscal year.

NVIDIA Dividend Announcement

The business also recently declared a quarterly dividend, which was paid on Thursday, October 1st. Investors of record on Thursday, September 10th were given a dividend of $0.25 per share. This represents a $1.00 annualized dividend and a yield of 0.5%. The ex-dividend date was Thursday, September 10th. NVIDIA’s dividend payout ratio (DPR) is presently 12.64%.

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

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.

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.