Sound Income Strategies LLC increased its holdings in NVIDIA Corporation (NASDAQ:NVDA – Free Report) by 15.4% in the 2nd quarter, according to its most recent filing with the SEC. The institutional investor owned 96,736 shares of the computer hardware maker’s stock after buying an additional 12,919 shares during the quarter. Sound Income Strategies LLC’s holdings in NVIDIA were worth $19,356,000 at the end of the most recent reporting period.
Several other hedge funds and other institutional investors have also bought and sold shares of NVDA. IFP Advisors Inc lifted its holdings in shares of NVIDIA by 1.8% during the 2nd quarter. IFP Advisors Inc now owns 663,778 shares of the computer hardware maker’s stock valued at $132,815,000 after buying an additional 11,936 shares during the period. Brindle & Bay Financial Advisors LLC purchased a new stake in NVIDIA during the second quarter valued at $461,000. Oak Family Advisors LLC lifted its holdings in NVIDIA by 20.4% in the second quarter. Oak Family Advisors LLC now owns 19,826 shares of the computer hardware maker’s stock valued at $3,967,000 after acquiring an additional 3,357 shares during the period. Interchange Capital Partners LLC boosted its position in NVIDIA by 82.3% in the second quarter. Interchange Capital Partners LLC now owns 70,178 shares of the computer hardware maker’s stock worth $14,043,000 after purchasing an additional 31,687 shares during the last quarter. Finally, Market Street Wealth Management Advisors LLC grew its stake in shares of NVIDIA by 13.7% during the 2nd quarter. Market Street Wealth Management Advisors LLC now owns 20,305 shares of the computer hardware maker’s stock valued at $4,063,000 after purchasing an additional 2,450 shares during the period. Institutional investors own 65.27% of the company’s stock.
NVIDIA Stock Performance
NASDAQ NVDA opened at $230.36 on Tuesday. The firm has a market cap of $5.55 trillion, a price-to-earnings ratio of 29.12, a price-to-earnings-growth ratio of 1.81 and a beta of 2.22. 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 business has a 50-day moving average price of $211.32 and a 200-day moving average price of $202.51. NVIDIA Corporation has a twelve month low of $164.07 and a twelve month high of $236.54.
NVIDIA Dividend Announcement
The business also recently disclosed a quarterly dividend, which will be paid on Thursday, October 1st. Shareholders of record on Thursday, September 10th will be issued a dividend of $0.25 per share. This represents a $1.00 dividend on an annualized basis and a yield of 0.4%. The ex-dividend date of this dividend is Thursday, September 10th. NVIDIA’s dividend payout ratio (DPR) is 12.64%.
NVIDIA announced that its board has approved a share repurchase program on Wednesday, May 20th that permits the company to repurchase $80.00 billion in outstanding shares. This repurchase authorization permits the computer hardware maker to repurchase up to 1.5% of its stock through open market purchases. Stock repurchase programs are usually a sign that the company’s management believes its shares are undervalued.
Analysts Set New Price Targets
Several equities analysts have recently weighed in on the stock. Citic Securities increased their price objective on shares of NVIDIA from $242.00 to $315.00 and gave the stock a “buy” rating in a research note on Friday, May 22nd. Stifel Nicolaus set a $315.00 target price on shares of NVIDIA in a report on Thursday, August 27th. Needham & Company LLC reiterated a “buy” rating and issued a $300.00 price target on shares of NVIDIA in a research report on Friday. Barclays reiterated an “overweight” rating on shares of NVIDIA in a research note on Thursday, May 21st. Finally, Oppenheimer set a $315.00 price objective on shares of NVIDIA and gave the company an “outperform” rating in a research report on Thursday, August 27th. Two equities research analysts have rated the stock with a Strong Buy rating, fifty have given a Buy rating and three have given a Hold rating to the company. Based on data from MarketBeat, NVIDIA currently has a consensus rating of “Moderate Buy” and an average target price of $324.83.
Check Out Our Latest Stock Analysis on NVDA
Insider Activity at NVIDIA
In other news, EVP Timothy Teter sold 30,000 shares of the business’s stock in a transaction on Monday, August 31st. The shares were sold at an average price of $217.88, for a total value of $6,536,400.00. Following the transaction, the executive vice president owned 2,687,660 shares of the company’s stock, valued at approximately $585,587,360.80. The trade was a 1.10% decrease in their ownership of the stock. The transaction was disclosed in a filing with the Securities & Exchange Commission, which can be accessed through this hyperlink. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Also, Director Mark Stevens sold 63,501 shares of the company’s stock in a transaction on Tuesday, September 1st. The stock was sold at an average price of $220.06, for a total transaction of $13,974,030.06. Following the transaction, the director owned 4,558,770 shares of the company’s stock, valued at approximately $1,003,202,926.20. This represents a 1.37% decrease in their position. The SEC filing for this sale provides additional information. In the last quarter, insiders have sold 1,563,501 shares of company stock worth $335,380,530. Company insiders own 3.94% of the company’s stock.
Key Stories Impacting NVIDIA
Here are the key news stories impacting NVIDIA this week:
- Positive Sentiment: NVIDIA’s planned $12.93 billion acquisition of Hugging Face could expand its full-stack AI strategy by combining its chips and CUDA software with Hugging Face’s open-model library and developer community. Analysts view the deal as potentially strengthening NVIDIA’s competitive moat. NVIDIA’s Hugging Face Buyout article
- Positive Sentiment: CEO Jensen Huang said OpenAI’s GPT-6 Astra was trained on more than 100,000 Grace Blackwell systems, with another 400,000 GPUs coming online. The announcement reinforces NVIDIA’s role in the largest AI model deployments and highlights potential demand for future systems. Jensen Huang and OpenAI Astra article
- Positive Sentiment: NVIDIA’s $20 billion Groq investment is moving toward commercialization, with Groq 3 LPX racks expected to deploy alongside Vera CPUs and Rubin GPUs at Nebius later this year. This supports the company’s effort to broaden beyond standalone GPUs into complete AI infrastructure. NVIDIA Groq rack article
- Neutral Sentiment: Broadcom raised its expected fiscal 2027 AI-chip revenue to about $115 billion, signaling continued hyperscaler spending but also showing that customers increasingly want custom accelerators in addition to NVIDIA GPUs. Broadcom AI forecast article
- Negative Sentiment: Investors face growing risks from custom chips, AMD and older GPUs being redeployed for longer periods, potentially slowing replacement demand. Opposition to energy-intensive data centers could also delay the infrastructure buildout that supports NVIDIA’s sales. NVIDIA competition article
- Negative Sentiment: Despite exceptional growth, valuation expectations are demanding, while higher memory costs, rising receivables and weaker sequential free cash flow could pressure margins and investor confidence.
NVIDIA Company Profile
NVIDIA Corporation, founded in 1993 and headquartered in Santa Clara, California, is a global technology company that designs and develops graphics processing units (GPUs) and system-on-chip (SoC) technologies. Co-founded by Jensen Huang, who serves as president and chief executive officer, along with Chris Malachowsky and Curtis Priem, NVIDIA has grown from a graphics-focused chipmaker into a broad provider of accelerated computing hardware and software for multiple industries.
The company’s product portfolio spans discrete GPUs for gaming and professional visualization (marketed under the GeForce and NVIDIA RTX lines), high-performance data center accelerators used for AI training and inference (including widely adopted platforms such as the A100 and H100 series), and Tegra SoCs for automotive and edge applications.
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