10,618 Shares in NVIDIA Corporation $NVDA Bought by FIDELIS iM LLC

Key Points

• FIDELIS iM LLC bought 10,618 NVIDIA shares in the third quarter, valued at about $2.425 million. The stock now represents 0.8% of the firm’s portfolio and is its 14th-largest holding.
• NVIDIA’s latest reported quarter beat estimates, with EPS of $2.22 and revenue of $96.22 billion, up 105.9% year over year. The company also authorized a $150 billion share-repurchase program.
• The article flags questions about how AI infrastructure spending converts into revenue, alongside reported leadership and chip-diversion scrutiny that could create regulatory and reputational risks.

FIDELIS iM LLC purchased a new stake in NVIDIA Corporation (NASDAQ:NVDA - Free Report) in the third quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission (SEC). The firm purchased 10,618 shares of the computer hardware maker's stock, valued at approximately $2,425,000. NVIDIA makes up 0.8% of FIDELIS iM LLC's holdings, making the stock its 14th biggest position.

Other institutional investors and hedge funds have also recently bought and sold shares of the company. Boyd Wealth Management LLC grew its stake in NVIDIA by 273.4% in the 2nd quarter. Boyd Wealth Management LLC now owns 9,145 shares of the computer hardware maker's stock worth $1,830,000 after acquiring an additional 6,696 shares during the period. Ally Financial Inc. raised its holdings in NVIDIA by 10.3% in the 2nd quarter. Ally Financial Inc. now owns 172,000 shares of the computer hardware maker's stock valued at $34,415,000 after acquiring an additional 16,000 shares during the last quarter. Altshuler Shaham Ltd lifted its stake in shares of NVIDIA by 6,451.9% during the 1st quarter. Altshuler Shaham Ltd now owns 637,236 shares of the computer hardware maker's stock worth $111,134,000 after purchasing an additional 627,510 shares during the period. Vanguard Capital Wealth Advisors lifted its stake in shares of NVIDIA by 5.6% during the 2nd quarter. Vanguard Capital Wealth Advisors now owns 52,163 shares of the computer hardware maker's stock worth $10,437,000 after purchasing an additional 2,758 shares during the period. Finally, Baker Tilly Wealth Management LLC boosted its holdings 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 worth $14,386,000 after purchasing an additional 4,958 shares during the last quarter. Hedge funds and other institutional investors own 65.27% of the company's stock.

Key Headlines Impacting NVIDIA

Investors following NVDA have been watching these headlines:

• Neutral Sentiment: Investors are also being urged to judge AI demand by the revenue generated from computing capacity—not just the capital companies spend to build it. That could sharpen questions about how quickly AI infrastructure investments translate into sales. Barron's analysis of AI revenue
• Negative Sentiment: Huang’s departure creates uncertainty around succession and strategy. CFO Colette Kress is interim CEO, and the board has not yet selected a search firm for a permanent replacement. CEO search update
• Negative Sentiment: Reports connecting the leadership scandal to scrutiny of possible chip diversions to China have raised risks of regulatory action and reputational damage. The allegations remain under investigation, while U.S. lawmakers are seeking testimony. Congressional scrutiny

NVIDIA Trading Down 2.0%

NASDAQ NVDA opened at $162.85 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 company has a 50-day simple moving average of $214.64 and a 200-day simple moving average of $204.12. The firm has a market capitalization of $3.92 trillion, a PE ratio of 20.59, a price-to-earnings-growth ratio of 1.28 and a beta of 2.21. NVIDIA Corporation has a one year low of $148.80 and a one year 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 for the quarter, compared to the consensus estimate of $92.27 billion. During the same quarter in the previous year, the business earned $1.05 EPS. The firm's revenue for the quarter was up 105.9% on a year-over-year basis. On average, equities analysts forecast that NVIDIA Corporation will post 9.29 earnings per share for the current year.

NVIDIA Dividend Announcement

The business also recently disclosed a quarterly dividend, which was paid on Thursday, October 1st. Investors of record on Thursday, September 10th were paid a dividend of $0.25 per share. This represents a $1.00 dividend on an annualized basis and a dividend yield of 0.6%. The ex-dividend date was Thursday, September 10th. NVIDIA's payout ratio is currently 12.64%.

NVIDIA announced that its board has authorized a share repurchase program on Monday, September 28th that permits the company to repurchase $150 billion in shares. This repurchase authorization permits the computer hardware maker to repurchase up to 2.8% of its shares through open market purchases. Stock repurchase programs are usually an indication that the company's leadership believes its stock is undervalued.

Analysts Set New Price Targets

A number of equities research analysts have recently commented on the company. Sanford C. Bernstein set a $200.00 price objective on NVIDIA and gave the company a "market perform" rating in a research report on Thursday. KGI Securities increased their target price on NVIDIA from $335.00 to $345.00 in a research report on Thursday, August 27th. Weiss Ratings lowered NVIDIA from a "buy (b+)" rating to a "buy (b)" rating in a research note on Monday, November 2nd. HSBC lowered NVIDIA from a "buy" rating to a "hold" rating and set a $170.00 price target on the stock. in a research note on Friday. Finally, DA Davidson dropped their price objective on shares of NVIDIA from $300.00 to $200.00 and set a "buy" rating for the company in a research note on Thursday. Five equities research analysts have rated the stock with a Strong Buy rating, thirty-eight have issued a Buy rating and thirteen have assigned a Hold rating to the company. According to MarketBeat.com, the company currently has an average rating of "Moderate Buy" and a consensus target price of $277.89.

Insider Activity at NVIDIA

In other news, Director Mark A. Stevens sold 622,239 shares of the company'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 sale, the director directly owned 2,336,531 shares of the company's stock, valued at approximately $541,187,310.22. This represents a 21.03% decrease in their position. The sale was disclosed in a legal filing with the SEC, which is accessible through this link. Also, EVP Timothy S. Teter sold 30,460 shares of the stock in a transaction that occurred on Monday, September 21st. The shares were sold at an average price of $222.80, for a total transaction of $6,786,488.00. Following the completion of the transaction, the executive vice president owned 2,687,660 shares of the company's stock, valued at $598,810,648. This trade represents a 1.12% decrease in their ownership of the stock. The SEC filing for this sale provides additional information. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Insiders have sold a total of 1,766,118 shares of company stock worth $399,450,353 over the last ninety days. 3.94% of the stock is currently owned by corporate insiders.

NVIDIA Profile

NVIDIA Corporation develops graphics processing units (GPUs), accelerated computing platforms and related software. Founded in 1993, the company first became widely known for GPUs used in PC gaming and professional graphics. Its technology now also supports artificial intelligence, scientific computing and other data-intensive applications. NVIDIA's offerings include GeForce products for gaming, data-center GPUs and systems for AI workloads, and networking products that connect computing infrastructure.

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