Neville Rodie & Shaw Inc. cut its stake in shares of NVIDIA Corporation (NASDAQ:NVDA – Free Report) by 13.7% in the 3rd quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission (SEC). The firm owned 107,643 shares of the computer hardware maker’s stock after selling 17,134 shares during the quarter. NVIDIA accounts for approximately 1.7% of Neville Rodie & Shaw Inc.’s holdings, making the stock its 13th biggest position. Neville Rodie & Shaw Inc.’s holdings in NVIDIA were worth $24,583,000 at the end of the most recent reporting period.
Other hedge funds and other institutional investors have also recently bought and sold shares of the company. Baker Tilly Wealth Management LLC increased its stake in NVIDIA by 0.7% in the 3rd quarter. Baker Tilly Wealth Management LLC now owns 72,424 shares of the computer hardware maker’s stock valued at $16,540,000 after buying an additional 526 shares during the period. Ferguson Wellman Capital Management Inc. lifted its stake in shares of NVIDIA by 1.1% in the 3rd quarter. Ferguson Wellman Capital Management Inc. now owns 1,993,097 shares of the computer hardware maker’s stock worth $455,184,000 after acquiring an additional 22,126 shares during the period. FC Advisory LLC lifted its stake in shares of NVIDIA by 5.1% in the 3rd quarter. FC Advisory LLC now owns 2,172 shares of the computer hardware maker’s stock worth $496,000 after acquiring an additional 106 shares during the period. Heartwood Wealth Advisors LLC acquired a new stake in shares of NVIDIA in the 3rd quarter worth $2,021,000. Finally, Rockland Trust Co. lifted its stake in shares of NVIDIA by 6.4% in the 3rd quarter. Rockland Trust Co. now owns 361,309 shares of the computer hardware maker’s stock worth $82,516,000 after acquiring an additional 21,664 shares during the period. 65.27% of the stock is currently owned by hedge funds and other institutional investors.
More NVIDIA News
Here are the key news stories impacting NVIDIA this week:
- Positive Sentiment: SpaceX reportedly committed up to $40 billion in financing for NVIDIA’s Vera Rubin processors, with deliveries expected in 2027. SpaceX’s plans to build at least 10 gigawatts of computing capacity could create substantial long-term demand for NVIDIA hardware. Elon Musk and SpaceX Just Delivered Incredible News to Nvidia
- Positive Sentiment: Anthropic’s IPO filing highlighted approximately $224.5 billion in non-cancelable compute agreements with Amazon and Alphabet. The commitments reinforce expectations for sustained hyperscaler spending on NVIDIA GPUs and other AI infrastructure, despite Anthropic’s reported accounting-driven loss. Anthropic’s IPO Filing Reveals a Massive Opportunity for AI Infrastructure Giants
- Positive Sentiment: Demand indicators remain strong: GPU rental prices have risen sharply, including for older chips, while NVIDIA is expanding beyond data centers through a self-driving partnership with Mercedes-Benz and an industrial AI collaboration with Honeywell and Dell. Nvidia Just Doubled Down on Self-Driving Cars With Mercedes
- Neutral Sentiment: Analyst sentiment remains overwhelmingly bullish, with reports citing a 98% buy-rating rate and continued confidence in NVIDIA’s triple-digit revenue growth. However, the shares remain below their 50-day moving average while trading above the 200-day average, reflecting both strong long-term momentum and near-term volatility.
- Negative Sentiment: Credit-market pressure could slow AI data-center construction and reduce GPU purchases by highly leveraged neocloud operators. Analysts also warn of infrastructure bottlenecks, while Broadcom’s custom AI chips and open Ethernet alternatives could gradually challenge NVIDIA’s ecosystem and InfiniBand position. Seaport Reiterates Sell Rating On Nvidia Stock Over Data Center Infrastructure Bottlenecks
Analyst Ratings Changes
Several brokerages have recently weighed in on NVDA. Oppenheimer set a $315.00 target price on shares of NVIDIA and gave the company an “outperform” rating in a report on Thursday, August 27th. Rothschild & Co Redburn increased their price target on shares of NVIDIA from $300.00 to $325.00 in a report on Thursday, August 27th. Cantor Fitzgerald restated an “overweight” rating and issued a $350.00 price objective on shares of NVIDIA in a research report on Thursday, October 1st. Jefferies Financial Group reaffirmed a “buy” rating on shares of NVIDIA in a report on Wednesday, August 26th. Finally, JPMorgan Chase & Co. boosted their target price on NVIDIA from $280.00 to $320.00 and gave the stock an “overweight” rating in a research report on Thursday, August 27th. Five equities research analysts have rated the stock with a Strong Buy rating, forty-nine have issued a Buy rating and one has assigned a Hold rating to the company’s stock. According to data from MarketBeat, the stock has a consensus rating of “Buy” and an average price target of $321.47.
Check Out Our Latest Report on NVDA
Insiders Place Their Bets
In other NVIDIA news, CFO Colette Kress sold 34,918 shares of the stock in a transaction dated 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 completion of the transaction, the chief financial officer directly 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 sale was disclosed in a filing with the SEC, which is accessible 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 NVIDIA 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 sale, 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 disclosure for this sale is available in the SEC filing. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Over the last three months, insiders have sold 1,766,118 shares of company stock worth $399,450,353. 3.94% of the stock is owned by company insiders.
NVIDIA Stock Performance
NASDAQ:NVDA opened at $216.00 on Tuesday. The company has a quick ratio of 3.85, a current ratio of 4.59 and a debt-to-equity ratio of 0.14. NVIDIA Corporation has a fifty-two week low of $164.27 and a fifty-two week high of $243.37. The stock has a market cap of $5.21 trillion, a PE ratio of 27.31, a price-to-earnings-growth ratio of 1.62 and a beta of 2.22. The firm’s fifty day simple moving average is $222.48 and its 200-day simple moving average is $203.56.
NVIDIA (NASDAQ:NVDA – Get Free Report) last announced its quarterly earnings results on Wednesday, August 26th. The computer hardware maker reported $2.22 earnings per share (EPS) for the quarter, beating analysts’ consensus estimates of $2.09 by $0.13. NVIDIA had a net margin of 63.66% and a return on equity of 96.04%. The business had revenue of $96.22 billion during the quarter, compared to the consensus estimate of $92.27 billion. During the same quarter last year, the firm posted $1.05 EPS. The business’s revenue was up 105.9% compared to the same quarter last year. Analysts expect that NVIDIA Corporation will post 9.30 earnings per share for the current fiscal year.
NVIDIA Dividend Announcement
The business also recently announced a quarterly dividend, which was paid on Thursday, October 1st. Shareholders 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 is presently 12.64%.
NVIDIA declared that its Board of Directors has initiated a stock repurchase program on Monday, September 28th that permits the company to repurchase $150 billion in shares. This buyback authorization permits the computer hardware maker to reacquire up to 2.8% of its shares through open market purchases. Share buyback programs are generally an indication that the company’s board of directors believes its shares are undervalued.
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.
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