Riversedge Advisors LLC Makes New $10.25 Million Investment in NVIDIA Corporation $NVDA

Riversedge Advisors LLC bought a new position in NVIDIA Corporation (NASDAQ:NVDA) during the 3rd quarter, according to its most recent Form 13F filing with the Securities & Exchange Commission. The fund bought 44,891 shares of the computer hardware maker’s stock, valued at approximately $10,252,000. NVIDIA makes up approximately 1.3% of Riversedge Advisors LLC’s portfolio, making the stock its 15th biggest holding.

A number of other institutional investors have also recently modified their holdings of the stock. Wedmont Private Capital increased its holdings in NVIDIA by 25.8% in the 3rd quarter. Wedmont Private Capital now owns 626,367 shares of the computer hardware maker’s stock worth $144,365,000 after buying an additional 128,477 shares in the last quarter. Intelligence Driven Advisers LLC raised its position in NVIDIA by 7.6% in the 3rd quarter. Intelligence Driven Advisers LLC now owns 19,978 shares of the computer hardware maker’s stock worth $4,563,000 after buying an additional 1,403 shares during the last quarter. Gouws Capital LLC lifted its stake in NVIDIA by 11.4% during the 3rd quarter. Gouws Capital LLC now owns 20,350 shares of the computer hardware maker’s stock valued at $4,648,000 after acquiring an additional 2,085 shares during the period. WoodTrust Financial Corp lifted its stake in NVIDIA by 8.5% during the 3rd quarter. WoodTrust Financial Corp now owns 40,291 shares of the computer hardware maker’s stock valued at $9,201,000 after acquiring an additional 3,155 shares during the period. Finally, Dakota Community Bank & Trust NA lifted its stake in NVIDIA by 47.9% during the 3rd quarter. Dakota Community Bank & Trust NA now owns 9,321 shares of the computer hardware maker’s stock valued at $2,129,000 after acquiring an additional 3,018 shares during the period. 65.27% of the stock is owned by hedge funds and other institutional investors.

Key Stories Impacting NVIDIA

Here are the key news stories impacting NVIDIA this week:

• Positive Sentiment: NVIDIA’s strong earnings, expanding margins and outlook for roughly 70% revenue growth in fiscal 2028 continue to support the bullish case. Analysts argue that AI demand remains supply-constrained and that the company’s latest guidance exceeded expectations. NVIDIA’s AI Dominance Could Have Further to Run
• Positive Sentiment: The company is broadening its role beyond GPUs by offering complete AI-factory architectures, networking, software and edge systems. Expanded collaborations with Microsoft, Meta, Oracle and other partners could increase NVIDIA’s share of customers’ overall AI infrastructure budgets. How AI Factory Expansion Will Impact NVIDIA Investors
• Positive Sentiment: Commentary highlighting AI demand, pricing power and NVIDIA’s strategic investments in networking, software and AI companies provides potential long-term catalysts. Wall Street analyst sentiment remains broadly favorable despite the recent correction. NVIDIA Stock: Analyst Estimates and Ratings

NVIDIA Price Performance

NVDA opened at $204.64 on Monday. The firm’s 50 day simple moving average is $221.74 and its two-hundred day simple moving average is $204.24. The company has a market capitalization of $4.93 trillion, a PE ratio of 25.87, a PEG ratio of 1.57 and a beta of 2.21. NVIDIA Corporation has a 1-year low of $164.27 and a 1-year high of $243.37. 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 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. The firm had revenue of $96.22 billion during the quarter, compared to analyst estimates of $92.27 billion. NVIDIA had a return on equity of 96.04% and a net margin of 63.66%. NVIDIA’s revenue was up 105.9% on a year-over-year basis. During the same period in the prior year, the business posted $1.05 EPS. As a group, equities analysts forecast that NVIDIA Corporation will post 9.30 EPS for the current year.

NVIDIA Announces Dividend

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

NVIDIA declared that its board has authorized a share buyback program on Monday, September 28th that permits the company to repurchase $150 billion in shares. This repurchase authorization permits the computer hardware maker to buy up to 2.8% of its shares through open market purchases. Stock repurchase programs are usually an indication that the company’s management believes its shares are undervalued.

Wall Street Analysts Forecast Growth

A number of analysts have recently issued reports on NVDA shares. Morgan Stanley set a $230.00 price target on shares of NVIDIA in a report on Friday, October 2nd. Wedbush boosted their price objective on shares of NVIDIA from $330.00 to $345.00 and gave the company an “outperform” rating in a report on Thursday, August 27th. Melius Research set a $420.00 price objective on shares of NVIDIA in a research report on Thursday, August 27th. Deutsche Bank Aktiengesellschaft restated a “buy” rating on shares of NVIDIA in a report on Monday, August 31st. Finally, Jefferies Financial Group reaffirmed a “buy” rating on shares of NVIDIA in a research report on Wednesday, August 26th. Five investment 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. According to data from MarketBeat.com, NVIDIA has a consensus rating of “Buy” and a consensus price target of $321.47.

Insider Transactions at NVIDIA

In other news, EVP Timothy Teter sold 30,460 shares of NVIDIA stock in a transaction dated 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 $598,810,648. The trade was a 1.12% decrease in their position. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is available at 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 business’s stock in a transaction that occurred 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 transaction, the chief financial officer owned 765,103 shares of the company’s stock, valued at approximately $167,595,812.15. This trade represents a 4.36% decrease in their ownership of the stock. The SEC filing for this sale provides additional information. 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 over the last quarter. 3.94% of the stock is currently owned by company insiders.

NVIDIA Profile

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.