105,419 NVIDIA Corporation $NVDA Shares Sold by Nissay Asset Management Corp Japan

Key Points

• Nissay Asset Management Japan reduced its NVIDIA stake by 105,419 shares, or 1.8%, but still held 5.9 million shares valued at approximately $1.18 billion. NVIDIA remains about 5% of Nissay’s portfolio and its third-largest holding.
• Institutional investors own 65.27% of NVIDIA, while insiders sold 1.77 million shares worth roughly $399.5 million during the latest quarter. CFO Colette Kress and director Mark A. Stevens were among the insiders who sold shares under disclosed transactions.
• NVIDIA reported better-than-expected quarterly results, with revenue up 105.9% year over year, and authorized a $150 billion share-buyback program. Analysts maintain a consensus “Buy” rating with an average price target of $321.89, though competition, China market-share losses and AI-chip alternatives remain risks.

Nissay Asset Management Corp Japan decreased its holdings in shares of NVIDIA Corporation (NASDAQ:NVDA - Free Report) by 1.8% during the second quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The firm owned 5,903,568 shares of the computer hardware maker's stock after selling 105,419 shares during the quarter. NVIDIA comprises approximately 5.0% of Nissay Asset Management Corp Japan's portfolio, making the stock its 3rd biggest holding. Nissay Asset Management Corp Japan's holdings in NVIDIA were worth $1,181,245,000 as of its most recent SEC filing.

Several other institutional investors have also recently made changes to their positions in the stock. Boyd Wealth Management LLC lifted its stake in NVIDIA by 273.4% in the second quarter. Boyd Wealth Management LLC now owns 9,145 shares of the computer hardware maker's stock worth $1,830,000 after purchasing an additional 6,696 shares during the last quarter. Ally Financial Inc. boosted its position in NVIDIA by 10.3% during the second quarter. Ally Financial Inc. now owns 172,000 shares of the computer hardware maker's stock valued at $34,415,000 after buying an additional 16,000 shares during the period. Altshuler Shaham Ltd boosted its position in NVIDIA by 6,451.9% during the first quarter. Altshuler Shaham Ltd now owns 637,236 shares of the computer hardware maker's stock valued at $111,134,000 after buying an additional 627,510 shares during the period. Storen Legacy Partners LLC purchased a new stake in NVIDIA during the fourth quarter valued at about $1,350,000. Finally, Baker Tilly Wealth Management LLC grew its stake in shares of NVIDIA by 7.4% during the second quarter. Baker Tilly Wealth Management LLC now owns 71,898 shares of the computer hardware maker's stock valued at $14,386,000 after buying an additional 4,958 shares during the last quarter. Hedge funds and other institutional investors own 65.27% of the company's stock.

Insider Transactions at NVIDIA

In related news, CFO Colette Kress sold 34,918 shares of the company's 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 sale, the chief financial officer directly owned 765,103 shares of the company's stock, valued at $167,595,812.15. This represents a 4.36% decrease in their ownership of the stock. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is available through the SEC website. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Also, Director Mark A. Stevens sold 622,239 shares of the stock in a transaction that occurred on Friday, September 4th. The shares were sold at an average price of $231.62, for a total transaction of $144,122,997.18. Following the transaction, the director owned 2,336,531 shares in the company, valued at approximately $541,187,310.22. This represents a 21.03% decrease in their ownership of the stock. The disclosure for this sale is available in the SEC filing. In the last quarter, insiders sold 1,766,118 shares of company stock worth $399,450,353. 3.94% of the stock is currently owned by insiders.

NVIDIA Stock Performance

Shares of NVDA stock opened at $221.30 on Thursday. 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 has a 50 day moving average price of $223.43 and a 200-day moving average price of $210.73. NVIDIA Corporation has a 52 week low of $164.27 and a 52 week high of $243.37. The firm has a market capitalization of $5.33 trillion, a PE ratio of 27.98, a P/E/G ratio of 1.77 and a beta of 2.22.

NVIDIA (NASDAQ:NVDA - Get Free Report) last announced its earnings results on Wednesday, August 26th. The computer hardware maker reported $2.22 EPS for the quarter, topping 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 analysts' expectations of $92.27 billion. During the same period last year, the firm earned $1.05 EPS. NVIDIA's revenue for the quarter was up 105.9% compared to the same quarter last year. As a group, equities research analysts expect that NVIDIA Corporation will post 9.25 earnings per share for the current year.

NVIDIA announced that its board has approved a stock buyback program on Monday, September 28th that authorizes the company to repurchase $150.00 billion in shares. This buyback authorization authorizes the computer hardware maker to purchase up to 2.8% of its shares through open market purchases. Stock buyback programs are often an indication that the company's board believes its stock is undervalued.

NVIDIA Announces Dividend

The company also recently announced a quarterly dividend, which was paid on Thursday, October 1st. Stockholders of record on Thursday, September 10th were paid a $0.25 dividend. The ex-dividend date of this dividend was 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%.

Analyst Upgrades and Downgrades

NVDA has been the topic of several recent analyst reports. Wells Fargo & Company set a $210.00 target price on shares of NVIDIA in a report on Friday, October 2nd. DZ Bank reiterated a "buy" rating on shares of NVIDIA in a report on Wednesday, August 26th. Truist Financial increased their price target on shares of NVIDIA from $307.00 to $346.00 and gave the company a "buy" rating in a research report on Thursday, August 27th. Benchmark reissued a "buy" rating and set a $335.00 price target on shares of NVIDIA in a research report on Thursday, August 27th. Finally, Itau BBA Securities cut their price target on shares of NVIDIA from $256.00 to $218.00 in a report on Wednesday, June 24th. Five research analysts have rated the stock with a Strong Buy rating, forty-nine have issued a Buy rating and one has issued a Hold rating to the stock. Based on data from MarketBeat, the company presently has a consensus rating of "Buy" and an average target price of $321.89.

Key Stories Impacting NVIDIA

Here are the key news stories impacting NVIDIA this week:

• Positive Sentiment: NVIDIA announced a five-year, $250 million compute commitment to support U.K. AI safety and security research. The initiative strengthens NVIDIA’s relationships with governments, universities and AI developers while promoting its hardware and software ecosystem. NVIDIA pledges $250 million to boost UK AI safety research
• Positive Sentiment: New ecosystem announcements highlighted continued demand for NVIDIA technology. LSEG is using NVIDIA GPUs to accelerate historical market-data processing, while NVIDIA introduced tools including cuPotential for molecular simulation and expanded collaborations in AI-defined chip manufacturing. LSEG teams up with NVIDIA for faster market data processing
• Positive Sentiment: State Street launched a sector ETF designed to give NVIDIA a 20.93% allocation, above the 15.41% weighting in its comparable fund, potentially creating incremental demand for NVDA shares. New State Street Sector ETFs Give Biggest Stocks Full Weight
• Neutral Sentiment: CEO Jensen Huang said NVIDIA would stop supplying chips to customers developing unsafe AI systems. The stance may improve regulatory and reputational positioning, although broader AI-safety concerns could increase scrutiny of the company and industry. Nvidia, Anthropic Weigh In On AI Safeguards
• Negative Sentiment: Investors are assessing competitive threats from Microsoft’s Maia 300 architecture and Intel’s lower-cost, air-cooled Crescent Island inference GPU. Custom accelerators and cheaper inference solutions could pressure NVIDIA’s pricing, growth assumptions and market share over time. Microsoft Just Unveiled a Brand-New AI Chip
• Negative Sentiment: IDC reportedly estimates NVIDIA’s China AI-chip market share has fallen to 34% as Huawei gains ground, underscoring export restrictions and rising local competition. Separately, investor Michael Burry is betting against chip stocks, reinforcing valuation and AI-spending concerns. NVIDIA’s China AI chip market share falls to 34%

NVIDIA Company Profile

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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