5,094 NVIDIA Corporation $NVDA Shares Sold by Overbrook Management Corp

Overbrook Management Corp decreased its holdings in shares of NVIDIA Corporation (NASDAQ:NVDA – Free Report) by 1.6% during the 3rd quarter, according to the company in its most recent 13F filing with the Securities & Exchange Commission. The fund owned 309,939 shares of the computer hardware maker’s stock after selling 5,094 shares during the quarter. NVIDIA makes up about 11.2% of Overbrook Management Corp’s holdings, making the stock its biggest position. Overbrook Management Corp’s holdings in NVIDIA were worth $70,784,000 at the end of the most recent quarter.

Several other hedge funds also recently modified their holdings of the business. Meadowbrook Wealth Management LLC raised its holdings in shares of NVIDIA by 11.3% during the 3rd quarter. Meadowbrook Wealth Management LLC now owns 10,619 shares of the computer hardware maker’s stock valued at $2,425,000 after purchasing an additional 1,080 shares in the last quarter. Brighton Securities CORP. boosted its holdings in NVIDIA by 2.9% in the third quarter. Brighton Securities CORP. now owns 1,821 shares of the computer hardware maker’s stock worth $416,000 after purchasing an additional 51 shares in the last quarter. CoreCap Advisors LLC boosted its holdings in NVIDIA by 4.3% in the third quarter. CoreCap Advisors LLC now owns 253,471 shares of the computer hardware maker’s stock worth $57,888,000 after purchasing an additional 10,367 shares in the last quarter. Atwood & Palmer Inc. boosted its holdings in NVIDIA by 1.1% in the third quarter. Atwood & Palmer Inc. now owns 153,289 shares of the computer hardware maker’s stock worth $35,008,000 after purchasing an additional 1,613 shares in the last quarter. Finally, Artemis Investment Management LLP boosted its holdings in NVIDIA by 6.3% in the third quarter. Artemis Investment Management LLP now owns 1,388,432 shares of the computer hardware maker’s stock worth $317,090,000 after purchasing an additional 81,980 shares in the last quarter. Institutional investors and hedge funds own 65.27% of the company’s stock.

NVIDIA Trading Down 4.2%

NVIDIA stock opened at $204.64 on Friday. The company has a debt-to-equity ratio of 0.14, a quick ratio of 3.85 and a current ratio of 4.59. The business’s 50-day simple moving average is $221.74 and its 200-day simple moving average is $204.24. The firm has a market capitalization of $4.93 trillion, a PE ratio of 25.87, a PEG ratio of 1.64 and a beta of 2.22. NVIDIA Corporation has a 52 week low of $164.27 and a 52 week high of $243.37.

NVIDIA (NASDAQ:NVDA – Get Free Report) last announced its earnings results on Wednesday, August 26th. The computer hardware maker reported $2.22 earnings per share for the quarter, beating 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 during the quarter, compared to the consensus estimate of $92.27 billion. During the same quarter in the prior year, the company earned $1.05 EPS. The firm’s revenue for the quarter was up 105.9% compared to the same quarter last year. Equities research analysts forecast that NVIDIA Corporation will post 9.30 earnings per share for the current year.

NVIDIA Announces Dividend

The firm also recently declared a quarterly dividend, which was paid on Thursday, October 1st. Shareholders of record on Thursday, September 10th were given a $0.25 dividend. This represents a $1.00 annualized dividend and a yield of 0.5%. The ex-dividend date of this dividend was Thursday, September 10th. NVIDIA’s payout ratio is currently 12.64%.

NVIDIA announced that its Board of Directors has authorized a share repurchase plan on Monday, September 28th that authorizes the company to repurchase $150 billion in shares. This repurchase authorization authorizes the computer hardware maker to buy up to 2.8% of its stock through open market purchases. Share repurchase plans are usually a sign that the company’s board believes its stock is undervalued.

Analyst Upgrades and Downgrades

Several research firms have commented on NVDA. HSBC increased their target price on shares of NVIDIA from $360.00 to $365.00 in a research report on Thursday, August 27th. Phillip Securities boosted their price target on NVIDIA from $285.00 to $300.00 and gave the stock a “buy” rating in a research report on Monday, August 31st. TD Cowen reiterated a “buy” rating on shares of NVIDIA in a research note on Tuesday, August 18th. Zacks Research upgraded NVIDIA from a “hold” rating to a “strong-buy” rating in a research note on Monday, September 21st. Finally, DA Davidson reissued a “buy” rating and set a $300.00 price objective on shares of NVIDIA in a report on Thursday, August 27th. Five equities research analysts have rated the stock with a Strong Buy rating, forty-nine have assigned 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 a consensus price target of $321.47.

Check Out Our Latest Stock Report on NVDA

NVIDIA News Summary

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

Insider Transactions at NVIDIA

In other news, EVP Timothy S. Teter sold 30,460 shares of the firm’s stock in a transaction on Monday, September 21st. The shares were sold at an average price of $222.80, for a total value of $6,786,488.00. Following the sale, the executive vice president owned 2,687,660 shares in the company, valued at approximately $598,810,648. This trade represents a 1.12% decrease in their ownership of the stock. The sale was disclosed in a legal filing with the SEC, which is accessible through this hyperlink. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Also, Director Mark A. Stevens sold 622,239 shares of the firm’s stock in a transaction on Friday, September 4th. The stock was sold at an average price of $231.62, for a total transaction of $144,122,997.18. Following the completion of the sale, the director owned 2,336,531 shares in the company, valued at approximately $541,187,310.22. The trade was a 21.03% decrease in their position. Additional details regarding this sale are available in the official SEC disclosure. Insiders sold a total of 1,766,118 shares of company stock worth $399,450,353 over the last three months. 3.94% of the stock is currently owned by insiders.

About NVIDIA

(Free Report)

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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Institutional Ownership by Quarter for NVIDIA (NASDAQ:NVDA)

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