Tucker Asset Management LLC boosted its position in NVIDIA Corporation (NASDAQ:NVDA – Free Report) by 2.8% during the 2nd quarter, Holdings Channel.com reports. The firm owned 108,000 shares of the computer hardware maker’s stock after purchasing an additional 2,930 shares during the period. NVIDIA comprises about 5.3% of Tucker Asset Management LLC’s portfolio, making the stock its 5th biggest holding. Tucker Asset Management LLC’s holdings in NVIDIA were worth $21,610,000 at the end of the most recent quarter.
Several other institutional investors have also bought and sold shares of the company. Bank of America Corp DE lifted its position in shares of NVIDIA by 2.2% during the 2nd quarter. Bank of America Corp DE now owns 195,366,864 shares of the computer hardware maker’s stock valued at $39,090,956,000 after buying an additional 4,165,875 shares during the last quarter. Amundi grew its stake in shares of NVIDIA by 10.4% during the 1st quarter. Amundi now owns 133,768,018 shares of the computer hardware maker’s stock worth $23,329,141,000 after acquiring an additional 12,575,177 shares during the period. Dimensional Fund Advisors LP grew its stake in shares of NVIDIA by 0.6% during the 1st quarter. Dimensional Fund Advisors LP now owns 94,521,253 shares of the computer hardware maker’s stock worth $16,479,126,000 after acquiring an additional 555,221 shares during the period. Deutsche Bank AG increased its holdings in NVIDIA by 2.3% in the 2nd quarter. Deutsche Bank AG now owns 91,954,159 shares of the computer hardware maker’s stock worth $18,399,108,000 after acquiring an additional 2,045,101 shares during the last quarter. Finally, Jupiter Topco LLC purchased a new stake in NVIDIA in the 2nd quarter worth about $16,156,076,000. Hedge funds and other institutional investors own 65.27% of the company’s stock.
Analyst Ratings Changes
A number of equities research analysts recently issued reports on the company. Wall Street Zen upgraded NVIDIA from a “buy” rating to a “strong-buy” rating in a research note on Saturday, October 10th. President Capital increased their target price on shares of NVIDIA from $295.00 to $330.00 in a research report on Thursday, August 27th. Mizuho set a $315.00 target price on shares of NVIDIA and gave the stock an “outperform” rating in a research report on Thursday, August 27th. Wedbush lifted their target price on shares of NVIDIA from $330.00 to $345.00 and gave the stock an “outperform” rating in a research note on Thursday, August 27th. Finally, Piper Sandler assumed coverage on shares of NVIDIA in a research report on Wednesday, September 9th. They issued an “overweight” rating and a $300.00 price target on the stock. Five research analysts have rated the stock with a Strong Buy rating, forty-nine have given a Buy rating and one has given a Hold rating to the company’s stock. According to MarketBeat, NVIDIA has a consensus rating of “Buy” and a consensus target price of $321.47.
Get Our Latest Analysis on NVIDIA
Insider Activity
In related news, EVP Timothy Teter sold 30,460 shares of the business’s stock in a transaction that occurred on Monday, September 21st. The shares were sold at an average price of $222.80, for a total transaction of $6,786,488.00. Following the completion of the transaction, the executive vice president owned 2,687,660 shares of the company’s stock, valued at approximately $598,810,648. The trade was a 1.12% decrease in their ownership of the stock. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which is accessible through the SEC website. 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 transaction of $7,648,787.90. Following the transaction, the chief financial officer directly 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. Additional details regarding this sale are available in the official SEC disclosure. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Over the last ninety days, insiders sold 1,766,118 shares of company stock worth $399,450,353. 3.94% of the stock is owned by company insiders.
NVIDIA News Roundup
Here are the key news stories impacting NVIDIA this week:
- Positive Sentiment: AI infrastructure demand remains robust. CEO Jensen Huang said neocloud demand is “off the charts,” while Super Micro’s significantly higher revenue outlook and SpaceX’s plans to add substantial computing capacity provided evidence that customers continue expanding AI infrastructure. Nvidia CEO Jensen Huang says neocloud demand is off the charts but capital is scarce
- Positive Sentiment: GTC Berlin expanded NVIDIA’s addressable market. The company introduced DSX POD modular Vera Rubin AI factories, designed to reduce deployment timelines from roughly six months to as little as 14 days. Its DSX platform also targets up to 30% lower power consumption and near-zero cooling-water usage, potentially easing customers’ power and permitting constraints. NVIDIA introduces DSX POD AI factories
- Positive Sentiment: Platform expansion supports the long-term bull case. New partnerships involving AI-agent security, robotics, autonomous vehicles, telecom networks, quantum-computing interfaces and industrial AI reinforce NVIDIA’s strategy of selling a broader full-stack computing ecosystem rather than only GPUs.
- Neutral Sentiment: Quantum news is strategically relevant but not yet a material earnings driver. Quantum X Labs reported improved error-correction results using NVIDIA CUDA-Q, illustrating ecosystem adoption, although the announcement does not provide meaningful near-term revenue information for NVIDIA.
- Negative Sentiment: Investors are questioning AI-spending sustainability and financing. Concerns that hyperscalers, neoclouds and other customers may struggle to fund massive data-center buildouts are weighing on the entire AI trade. Rising-rate risk adds pressure to high-growth technology valuations.
- Negative Sentiment: Semiconductor-sector pressure compounded the decline. Chip stocks weakened after Lam Research cited supply-chain constraints, while broader technology indexes also fell. NVIDIA’s high valuation and upcoming earnings raise the risk of a “sell-the-news” reaction even if results exceed expectations.
NVIDIA Stock Down 4.4%
Shares of NASDAQ NVDA opened at $212.21 on Friday. NVIDIA Corporation has a 52 week low of $164.27 and a 52 week high of $243.37. The business has a 50-day simple moving average of $222.86 and a two-hundred day simple moving average of $212.57. The company has a quick ratio of 3.85, a current ratio of 4.59 and a debt-to-equity ratio of 0.14. The company has a market cap of $5.11 trillion, a P/E ratio of 26.83, a P/E/G ratio of 1.71 and a beta of 2.22.
NVIDIA (NASDAQ:NVDA – Get Free Report) last posted its earnings results on Wednesday, August 26th. The computer hardware maker reported $2.22 earnings per share for the quarter, beating analysts’ consensus estimates of $2.09 by $0.13. NVIDIA had a return on equity of 96.04% and a net margin of 63.66%. The business 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 firm earned $1.05 EPS. The company’s quarterly revenue was up 105.9% compared to the same quarter last year. Research analysts anticipate that NVIDIA Corporation will post 9.30 earnings per share for the current fiscal year.
NVIDIA Announces Dividend
The company also recently disclosed a quarterly dividend, which was paid on Thursday, October 1st. Stockholders of record on Thursday, September 10th were given a $0.25 dividend. This represents a $1.00 dividend on an annualized basis and a dividend yield of 0.5%. The ex-dividend date was Thursday, September 10th. NVIDIA’s dividend payout ratio (DPR) is 12.64%.
NVIDIA declared that its board has approved a share repurchase plan on Monday, September 28th that permits the company to repurchase $150.00 billion in shares. This buyback authorization permits the computer hardware maker to repurchase up to 2.8% of its stock through open market purchases. Stock buyback plans are usually a sign that the company’s board believes its stock is undervalued.
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.
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