12,300 NVIDIA Corporation $NVDA Shares Purchased by Varma Mutual Pension Insurance Co

Key Points

• Institutional ownership increased: Varma Mutual Pension Insurance Co. purchased 12,300 additional NVIDIA shares, bringing its holdings to 3.92 million shares valued at approximately $784.5 million. Institutional investors collectively own 65.27% of NVIDIA.
• Strong operating results and shareholder returns: NVIDIA exceeded quarterly earnings and revenue expectations, with revenue up 105.9% year over year. The company also authorized a $150 billion share-repurchase plan and pays a quarterly dividend.
• Analyst sentiment remains bullish, but risks persist: NVIDIA has a consensus “Buy” rating and an average price target of $321.89, while strong AI demand supports the outlook. However, elevated valuation, insider selling, growing competition and legal scrutiny create potential risks.

Varma Mutual Pension Insurance Co grew its holdings in NVIDIA Corporation (NASDAQ:NVDA - Free Report) by 0.3% during the second quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The firm owned 3,920,566 shares of the computer hardware maker's stock after purchasing an additional 12,300 shares during the quarter. NVIDIA comprises about 4.2% of Varma Mutual Pension Insurance Co's portfolio, making the stock its 4th biggest position. Varma Mutual Pension Insurance Co's holdings in NVIDIA were worth $784,466,000 at the end of the most recent quarter.

Several other institutional investors and hedge funds also recently made changes to their positions in NVDA. Bank of America Corp DE lifted its stake in NVIDIA by 2.1% in the first quarter. Bank of America Corp DE now owns 191,200,989 shares of the computer hardware maker's stock valued at $33,345,453,000 after buying an additional 4,019,505 shares during the period. Invesco Ltd. grew its position in shares of NVIDIA by 0.3% during the 4th quarter. Invesco Ltd. now owns 143,239,504 shares of the computer hardware maker's stock worth $26,714,167,000 after buying an additional 446,178 shares during the period. Amundi increased its stake in shares of 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 acquiring an additional 12,575,177 shares in the last quarter. J. Stern & Co. LLP increased its stake in shares of 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 acquiring an additional 124,849,603 shares in the last quarter. Finally, Dimensional Fund Advisors LP lifted its position in shares of NVIDIA by 0.6% during the 1st quarter. Dimensional Fund Advisors LP now owns 94,521,253 shares of the computer hardware maker's stock valued at $16,479,126,000 after acquiring an additional 555,221 shares during the period. Institutional investors own 65.27% of the company's stock.

NVIDIA Trading Up 0.1%

NASDAQ:NVDA opened at $239.24 on Wednesday. The company has a debt-to-equity ratio of 0.14, a current ratio of 4.59 and a quick ratio of 3.85. NVIDIA Corporation has a one year low of $164.27 and a one year high of $243.37. The company has a market cap of $5.77 trillion, a PE ratio of 30.25, a PEG ratio of 1.85 and a beta of 2.22. The firm has a 50-day moving average of $220.43 and a 200-day moving average of $208.47.

NVIDIA (NASDAQ:NVDA - Get Free Report) last announced its quarterly 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. The business had revenue of $96.22 billion for the quarter, compared to analysts' expectations of $92.27 billion. NVIDIA had a net margin of 63.66% and a return on equity of 96.04%. The firm's revenue for the quarter was up 105.9% compared to the same quarter last year. During the same quarter last year, the firm earned $1.05 EPS. As a group, equities research analysts expect that NVIDIA Corporation will post 9.25 EPS for the current fiscal year.

NVIDIA declared that its board has authorized a share repurchase plan on Monday, September 28th that permits the company to buyback $150.00 billion in outstanding shares. This buyback authorization permits the computer hardware maker to purchase up to 2.8% of its shares through open market purchases. Shares buyback plans are typically a sign that the company's board of directors believes its shares are undervalued.

NVIDIA Dividend Announcement

The business also recently disclosed 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 0.4%. NVIDIA's dividend payout ratio is 12.64%.

NVIDIA News Summary

Here are the key news stories impacting NVIDIA this week:

• Positive Sentiment: AI demand indicators remain strong. Foxconn reported record quarterly revenue, helped by accelerating demand for NVIDIA-linked AI servers. Separately, AM Intelligence announced firm orders for 20,000 NVIDIA Rubin GPUs for deployments in India and Malaysia, providing additional evidence of international infrastructure expansion. Foxconn revenue report
• Positive Sentiment: Analysts see further upside. Recent commentary argues that rising earnings estimates, NVIDIA’s platform advantages and broadening demand from frontier AI labs, agentic AI and physical AI could extend the rally. One analyst suggested Wall Street may be underestimating growth over the next six to eight quarters. Zacks AI stock analysis
• Positive Sentiment: Strategic ecosystem investments are adding optionality. NVIDIA-backed startups Reflection AI and Lambda are advancing new AI models and cloud infrastructure, with Lambda reportedly seeking up to $4 billion ahead of a planned IPO. These developments could support future demand for NVIDIA computing products and strengthen its influence across the AI stack. Lambda funding report
• Neutral Sentiment: The $6 trillion valuation is now a near-term market milestone. NVIDIA’s market capitalization is approaching that level, and options traders reportedly see a meaningful chance of reaching it this month. The milestone may attract additional momentum buying, but it also raises expectations for execution and earnings. NVIDIA options report
• Negative Sentiment: Valuation and concentration risks are increasing. Some market strategists warn that mega-cap technology stocks may be overbought after their recent advances, while NVIDIA’s enormous market value leaves less room for disappointment if AI infrastructure spending slows.
• Negative Sentiment: Competition and legal scrutiny remain risks. Broadcom is expanding its custom AI accelerator business through an Anthropic-related financing arrangement, potentially challenging NVIDIA’s dominance. In addition, a lawsuit alleges NVIDIA’s $20 billion Groq transaction disadvantaged Groq shareholders, creating legal and reputational uncertainty. Groq lawsuit report

Insider Activity

In related news, CFO Colette Kress sold 34,918 shares of the 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 completion of the sale, the chief financial officer directly 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 transaction was disclosed in a filing with the SEC, which can be accessed 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 firm's stock in a transaction 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 transaction, the director owned 2,336,531 shares in the company, valued at approximately $541,187,310.22. This trade represents a 21.03% decrease in their ownership of the stock. The disclosure for this sale is available in the SEC filing. Insiders have sold 1,766,118 shares of company stock worth $399,450,353 over the last 90 days. 3.94% of the stock is currently owned by corporate insiders.

Analyst Upgrades and Downgrades

Several research analysts recently issued reports on the stock. Jefferies Financial Group reissued a "buy" rating on shares of NVIDIA in a research note on Wednesday, August 26th. Benchmark reiterated a "buy" rating and set a $335.00 price objective on shares of NVIDIA in a report on Thursday, August 27th. Zacks Research upgraded shares of NVIDIA from a "hold" rating to a "strong-buy" rating in a report on Monday, September 21st. Weiss Ratings reissued a "buy (b)" rating on shares of NVIDIA in a research report on Wednesday, July 8th. Finally, JPMorgan Chase & Co. raised their target price on NVIDIA from $280.00 to $320.00 and gave the company an "overweight" rating in a research note on Thursday, August 27th. Four research analysts have rated the stock with a Strong Buy rating, fifty have issued a Buy rating and one has issued a Hold rating to the company. According to data from MarketBeat, the company currently has a consensus rating of "Buy" and an average target price of $321.89.

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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