Spartan Planning & Wealth Management Buys 19,532 Shares of NVIDIA Corporation $NVDA

Posted by Geri Gentry on Sep 12th, 2026

Spartan Planning & Wealth Management grew its position in NVIDIA Corporation (NASDAQ:NVDA – Free Report) by 67.3% during the 2nd quarter, HoldingsChannel reports. The firm owned 48,552 shares of the computer hardware maker’s stock after purchasing an additional 19,532 shares during the quarter. NVIDIA comprises about 6.5% of Spartan Planning & Wealth Management’s portfolio, making the stock its 5th largest holding. Spartan Planning & Wealth Management’s holdings in NVIDIA were worth $9,715,000 as of its most recent SEC filing.

Several other large investors also recently made changes to their positions in NVDA. State Street Corp boosted its position in NVIDIA by 1.2% during the fourth quarter. State Street Corp now owns 991,480,489 shares of the computer hardware maker’s stock worth $184,911,111,000 after purchasing an additional 11,451,386 shares during the period. Geode Capital Management LLC grew its position in NVIDIA by 0.6% in the fourth quarter. Geode Capital Management LLC now owns 588,803,093 shares of the computer hardware maker’s stock valued at $109,446,217,000 after acquiring an additional 3,383,441 shares during the last quarter. Norges Bank bought a new stake in shares of NVIDIA during the 4th quarter valued at approximately $62,244,133,000. Bank of America Corp DE increased its position in NVIDIA by 2.1% during the 1st quarter. Bank of America Corp DE now owns 191,200,989 shares of the computer hardware maker’s stock worth $33,345,453,000 after purchasing an additional 4,019,505 shares in the last quarter. Finally, Legal & General Group Plc lifted its stake in NVIDIA by 1.5% in the 3rd quarter. Legal & General Group Plc now owns 181,203,035 shares of the computer hardware maker’s stock valued at $33,808,862,000 after purchasing an additional 2,609,560 shares during the last quarter. Institutional investors own 65.27% of the company’s stock.

NVIDIA Price Performance

NVDA stock opened at $218.29 on Friday. 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’s fifty day simple moving average is $213.29 and its 200 day simple moving average is $203.33. NVIDIA Corporation has a 12-month low of $164.27 and a 12-month high of $236.54. The firm has a market cap of $5.26 trillion, a price-to-earnings ratio of 27.60, a PEG ratio of 1.71 and a beta of 2.22.

NVIDIA (NASDAQ:NVDA – Get Free Report) last announced its quarterly earnings data 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 return on equity of 96.04% and a net margin of 63.66%.The company had revenue of $96.22 billion for the quarter, compared to the consensus estimate of $92.27 billion. During the same period in the previous year, the business earned $1.05 EPS. The firm’s revenue was up 105.9% compared to the same quarter last year. On average, analysts expect that NVIDIA Corporation will post 9.12 earnings per share for the current year.

NVIDIA announced that its board has approved a stock repurchase program on Wednesday, May 20th that allows the company to buyback $80.00 billion in shares. This buyback authorization allows the computer hardware maker to repurchase up to 1.5% of its shares through open market purchases. Shares buyback programs are typically an indication that the company’s board of directors believes its stock is undervalued.

NVIDIA Announces Dividend

The business also recently disclosed a quarterly dividend, which will be paid on Thursday, October 1st. Stockholders of record on Thursday, September 10th will be issued a dividend of $0.25 per share. The ex-dividend date is Thursday, September 10th. This represents a $1.00 annualized dividend and a dividend yield of 0.5%. NVIDIA’s dividend payout ratio is currently 12.64%.

Insider Transactions at NVIDIA

In other news, Director Mark A. Stevens sold 885,000 shares of the business’s stock in a transaction that occurred on Thursday, June 18th. The stock was sold at an average price of $210.17, for a total transaction of $186,000,450.00. Following the completion of the sale, the director owned 5,207,271 shares in the company, valued at $1,094,412,146.07. The trade was a 14.53% decrease in their ownership of the stock. The transaction was disclosed in a legal filing with the SEC, which is available through this hyperlink. Also, EVP Timothy S. Teter sold 30,000 shares of the stock in a transaction on Monday, August 31st. The stock was sold at an average price of $217.88, for a total value of $6,536,400.00. Following the completion of the transaction, the executive vice president owned 2,687,660 shares in the company, valued at approximately $585,587,360.80. This represents a 1.10% 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. Insiders have sold a total of 2,585,740 shares of company stock worth $571,015,527 in the last three months. Insiders own 3.94% of the company’s stock.

Analyst Ratings Changes

Several brokerages have recently issued reports on NVDA. Craig Hallum upped their price target on shares of NVIDIA from $245.00 to $275.00 and gave the stock a “buy” rating in a report on Thursday, May 21st. KeyCorp restated an “overweight” rating and set a $330.00 price target on shares of NVIDIA in a report on Monday, August 24th. BMO Capital Markets set a $340.00 price objective on shares of NVIDIA and gave the company an “outperform” rating in a report on Thursday, August 20th. Itau BBA Securities cut their target price on shares of NVIDIA from $256.00 to $218.00 in a research report on Wednesday, June 24th. Finally, Citigroup reissued a “buy” rating and set a $315.00 target price (up from $300.00) on shares of NVIDIA in a report on Thursday, August 27th. Three research analysts have rated the stock with a Strong Buy rating, fifty have given a Buy rating and two have given a Hold rating to the stock. According to MarketBeat.com, NVIDIA has a consensus rating of “Buy” and an average target price of $324.34.

Check Out Our Latest Research Report on NVIDIA

Trending Headlines about NVIDIA

Here are the key news stories impacting NVIDIA this week:

Positive Sentiment: Analyst upgrade and growth outlook: Piper Sandler upgraded NVIDIA to “strong buy,” while CEO Jensen Huang reiterated expectations for roughly 70% revenue growth next year and a potential $3 trillion–$4 trillion AI market by 2030. Erste Group also raised its FY2027 EPS estimate to $9.23 from $9.00. NVIDIA analyst upgrade Jensen Huang growth outlook
Positive Sentiment: Evidence of sustained chip demand: TSMC reported August revenue growth of 53.3% year over year, signaling continued orders for AI accelerators and advanced packaging. The data supports NVIDIA’s view that hyperscaler and enterprise AI infrastructure spending remains strong. TSMC August revenue
Positive Sentiment: Infrastructure expansion and partnerships: NVIDIA is working with Australian cloud and data-center companies on up to 2 gigawatts of AI-factory capacity by 2027. Its collaborations with Palantir on sovereign AI supply chains and d-Matrix on chip-linking technology further expand the CUDA-based ecosystem and potential future demand. NVIDIA Australia AI infrastructure d-Matrix partnership
Neutral Sentiment: Valuation remains the central debate: Investors are weighing NVIDIA’s exceptional growth, profitability and AI leadership against a very high market capitalization and the possibility that optimistic forecasts are already reflected in the stock. Analysts continue to compare NVIDIA with Broadcom and AMD as custom silicon competition develops. NVIDIA valuation debate
Negative Sentiment: Regulatory and sentiment risks: The Justice Department is reportedly examining NVIDIA’s licensing arrangement with Groq for possible antitrust concerns. In addition, insiders have reported substantial selling with no purchases in the past six months, while higher oil prices and Treasury yields have pressured high-growth technology shares. DOJ Groq investigation NVIDIA insider sales

About NVIDIA

(Free Report)

NVIDIA Corporation is a technology company that designs accelerated computing platforms, graphics processors and related software. Its products are used for artificial intelligence, machine learning, high-performance computing, computer graphics, data-center applications and other workloads that benefit from parallel processing.

The company’s offerings include GeForce graphics processing units (GPUs) and software for gaming and personal computers; data-center GPUs, systems and networking products; and professional visualization solutions for design, engineering, media and scientific applications.