101,481 NVIDIA Corporation $NVDA Shares Bought by Proficio Capital Partners LLC

Key Points

• Proficio Capital Partners increased its NVIDIA position by 70.1% in the second quarter, buying 101,481 shares for a total holding of 246,335 shares worth approximately $49.3 million. Institutional investors collectively own 65.27% of NVDA.
• NVIDIA reported strong growth, with quarterly revenue rising 105.9% year over year to $96.22 billion and EPS beating estimates. The company also authorized a $150 billion share-repurchase plan.
• Despite bullish analyst sentiment and continued AI infrastructure demand, risks include insider selling, Microsoft’s growing reliance on in-house Maia chips, concerns about AI spending and valuation, and NVDA trading down 1.3% at $226.32.

Proficio Capital Partners LLC grew its holdings in NVIDIA Corporation (NASDAQ:NVDA - Free Report) by 70.1% during the second quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The firm owned 246,335 shares of the computer hardware maker's stock after purchasing an additional 101,481 shares during the period. NVIDIA comprises approximately 1.8% of Proficio Capital Partners LLC's holdings, making the stock its 11th largest holding. Proficio Capital Partners LLC's holdings in NVIDIA were worth $49,289,000 as of its most recent SEC filing.

Several other institutional investors and hedge funds have also made changes to their positions in NVDA. Bank of America Corp DE increased its stake in NVIDIA by 2.2% in the 2nd quarter. Bank of America Corp DE now owns 195,366,864 shares of the computer hardware maker's stock worth $39,090,956,000 after buying an additional 4,165,875 shares during the period. Invesco Ltd. lifted its holdings in NVIDIA by 0.3% during the 4th quarter. Invesco Ltd. now owns 143,239,504 shares of the computer hardware maker's stock valued at $26,714,167,000 after buying an additional 446,178 shares in the last quarter. J. Stern & Co. LLP boosted its position in NVIDIA by 13,709.1% in the 4th quarter. J. Stern & Co. LLP now owns 125,760,307 shares of the computer hardware maker's stock valued at $23,454,297,000 after buying an additional 124,849,603 shares during the period. Amundi boosted its position in NVIDIA by 10.4% in the 1st quarter. Amundi now owns 133,768,018 shares of the computer hardware maker's stock valued at $23,329,141,000 after buying an additional 12,575,177 shares during the period. Finally, Deutsche Bank AG grew its stake 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 in the last quarter. 65.27% of the stock is currently owned by institutional investors.

Key Headlines Impacting NVIDIA

Here are the key news stories impacting NVIDIA this week:

• Positive Sentiment: NVIDIA and Cisco announced USFP, a next-generation optical module designed to support 400Gb/s-per-lane signals and up to 12.8Tb/s of capacity. The technology could help AI data centers scale bandwidth while reducing power use and network complexity. NVIDIA and Cisco announce USFP
• Positive Sentiment: Navitas Semiconductor is collaborating with NVIDIA on a 24-kilowatt power-delivery board for next-generation AI infrastructure. The single-stage design is intended to improve efficiency and reduce board space, reinforcing demand for NVIDIA-based AI factories. Navitas collaborates with NVIDIA
• Positive Sentiment: Bitdeer secured an eight-year agreement for a 60MW Malaysia facility designed for NVIDIA’s Vera Rubin systems, bringing its contracted AI data-center capacity to approximately 333.5MW. This provides another indication of long-term infrastructure demand. Bitdeer expands Malaysia AI campus
• Neutral Sentiment: NVIDIA is reportedly considering a larger investment in or acquisition of open-weight AI startup Reflection AI. The move could broaden NVIDIA’s software and model ecosystem, but discussions are preliminary and could fail to produce a deal. NVIDIA and Reflection AI talks
• Neutral Sentiment: Analysts and commentators remain divided: some argue triple-digit growth makes NVDA reasonably valued and see further upside, while others point to technical signs of a potential peak, a roughly $5.5 trillion valuation, and concentration risk in AI-related equities.
• Negative Sentiment: Microsoft said it plans to rely increasingly on its internally developed Maia chips for AI inference, potentially reducing its dependence on NVIDIA GPUs and intensifying competition from hyperscaler-designed silicon. Microsoft to rely more on Maia chips
• Negative Sentiment: Reports that OpenAI’s annualized revenue may be about $50 billion—below previously cited estimates—have raised questions about AI spending, infrastructure demand and the valuation of AI suppliers. Separately, Firmus’ canceled data-center IPO suggested financing conditions for AI infrastructure could be tightening.
• Negative Sentiment: Technical analysts warned that NVDA’s retreat from its record high could signal weakening momentum. Investor caution is also reflected in a reported $21 million options position betting the stock falls below $180 by January and continued insider selling, although these signals do not necessarily predict operating performance. Nvidia falls back from record high

Insider Buying and Selling

In related news, Director Mark Stevens sold 622,239 shares of the business's stock in a transaction that occurred on Friday, September 4th. The shares were sold at an average price of $231.62, for a total value of $144,122,997.18. Following the completion of the transaction, the director owned 2,336,531 shares of the company's stock, valued at $541,187,310.22. The trade was a 21.03% decrease in their ownership of the stock. The sale was disclosed in a filing with the SEC, which is available at the SEC website. Also, CFO Colette Kress sold 34,918 shares of the company's stock in a transaction on Thursday, September 17th. The stock was sold at an average price of $219.05, for a total value of $7,648,787.90. Following the sale, the chief financial officer 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. 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 sold 1,766,118 shares of company stock valued at $399,450,353 over the last 90 days. Corporate insiders own 3.94% of the company's stock.

NVIDIA Trading Down 1.3%

NASDAQ NVDA opened at $226.32 on Tuesday. 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 company has a market capitalization of $5.45 trillion, a price-to-earnings ratio of 28.61, a price-to-earnings-growth ratio of 1.77 and a beta of 2.22. The company's 50-day simple moving average is $223.05 and its two-hundred day simple moving average is $210.02. NVIDIA Corporation has a one year low of $164.27 and a one year high of $243.37.

NVIDIA (NASDAQ:NVDA - Get Free Report) last posted its quarterly earnings results on Wednesday, August 26th. The computer hardware maker reported $2.22 EPS for the quarter, beating the consensus estimate 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 analyst estimates of $92.27 billion. During the same quarter in the previous year, the business posted $1.05 EPS. The company's quarterly revenue was up 105.9% compared to the same quarter last year. Equities analysts forecast that NVIDIA Corporation will post 9.25 EPS for the current fiscal year.

NVIDIA declared that its board has initiated a stock repurchase plan on Monday, September 28th that authorizes the company to buy back $150.00 billion in outstanding shares. This repurchase authorization authorizes the computer hardware maker to repurchase up to 2.8% of its shares through open market purchases. Stock repurchase plans are usually a sign that the company's leadership believes its stock is undervalued.

NVIDIA Dividend Announcement

The firm also recently disclosed a quarterly dividend, which was paid on Thursday, October 1st. Investors of record on Thursday, September 10th were issued a dividend of $0.25 per share. This represents a $1.00 annualized dividend and a yield of 0.4%. The ex-dividend date of this dividend was Thursday, September 10th. NVIDIA's dividend payout ratio (DPR) is presently 12.64%.

Analysts Set New Price Targets

A number of equities analysts have recently commented on the stock. TD Cowen reaffirmed a "buy" rating on shares of NVIDIA in a research report on Tuesday, August 18th. Wells Fargo & Company set a $210.00 price target on NVIDIA in a report on Friday, October 2nd. UBS Group reiterated a "buy" rating on shares of NVIDIA in a report on Friday. Melius Research set a $420.00 price objective on NVIDIA in a research note on Thursday, August 27th. Finally, DA Davidson restated a "buy" rating and set a $300.00 price objective on shares of NVIDIA in a report on Thursday, August 27th. Five investment 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.com, NVIDIA presently has an average rating of "Buy" and an average price target of $321.89.

About NVIDIA

NVIDIA Corporation is a technology company that designs accelerated computing platforms, graphics processing units (GPUs), central processing units (CPUs), networking products and related software. Its technologies are used in artificial intelligence, data centers, scientific and technical computing, gaming, professional visualization, automotive systems and robotics.

The company's products include GeForce GPUs and gaming software, data center computing platforms, networking solutions, and enterprise software for AI development and deployment.

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