15,897,836 NVIDIA Corporation $NVDA Shares Bought by State Street Corp

Key Points

• State Street increased its NVIDIA stake by 1.6%, buying 15.9 million additional shares and bringing its holdings to roughly 1.01 billion shares, valued at about $202 billion. NVIDIA now represents approximately 4% of State Street’s portfolio, while institutional investors own 65.27% of the company.
• Analyst sentiment remains broadly bullish, with a consensus “Buy” rating and an average price target of $321.47. NVIDIA also reported quarterly EPS and revenue above expectations, with revenue rising 105.9% year over year.
• Insiders sold approximately $399.5 million of NVIDIA stock over the past 90 days, while the company authorized a $150 billion share-repurchase program and continues paying a quarterly dividend of $0.25 per share.

State Street Corp grew its position in shares of NVIDIA Corporation (NASDAQ:NVDA - Free Report) by 1.6% during the second quarter, according to its most recent disclosure with the Securities & Exchange Commission. The firm owned 1,009,783,437 shares of the computer hardware maker's stock after purchasing an additional 15,897,836 shares during the period. NVIDIA makes up about 4.0% of State Street Corp's investment portfolio, making the stock its largest position. State Street Corp owned approximately 4.19% of NVIDIA worth $202,047,568,000 at the end of the most recent reporting period.

A number of other hedge funds also recently made changes to their positions in NVDA. Wellington Altus USA Inc. lifted its position in shares of NVIDIA by 8.0% during the second quarter. Wellington Altus USA Inc. now owns 14,583 shares of the computer hardware maker's stock worth $2,918,000 after purchasing an additional 1,081 shares in the last quarter. Anchor Investment Management LLC boosted its stake in shares of NVIDIA by 4.7% in the second quarter. Anchor Investment Management LLC now owns 90,989 shares of the computer hardware maker's stock valued at $18,206,000 after purchasing an additional 4,049 shares during the period. Bullseye Investment Management LLC purchased a new position in shares of NVIDIA in the second quarter valued at $396,000. Talon Private Wealth LLC grew its holdings in NVIDIA by 22.9% during the 2nd quarter. Talon Private Wealth LLC now owns 44,085 shares of the computer hardware maker's stock valued at $8,821,000 after purchasing an additional 8,224 shares in the last quarter. Finally, Marathon Wealth Advisors LLC grew its holdings in NVIDIA by 0.3% during the 2nd quarter. Marathon Wealth Advisors LLC now owns 102,811 shares of the computer hardware maker's stock valued at $20,571,000 after purchasing an additional 306 shares in the last quarter. Hedge funds and other institutional investors own 65.27% of the company's stock.

Analyst Upgrades and Downgrades

NVDA has been the topic of several analyst reports. Rosenblatt Securities reaffirmed a "buy" rating and set a $390.00 price target on shares of NVIDIA in a research note on Tuesday, September 29th. Phillip Securities boosted their price objective on shares of NVIDIA from $285.00 to $300.00 and gave the stock a "buy" rating in a report on Monday, August 31st. Royal Bank Of Canada upped their price objective on shares of NVIDIA from $300.00 to $330.00 and gave the company an "outperform" rating in a research report on Thursday, August 27th. Truist Financial raised their target price on NVIDIA from $307.00 to $346.00 and gave the company a "buy" rating in a research note on Thursday, August 27th. Finally, Morgan Stanley set a $230.00 target price on NVIDIA in a research note on Friday, October 2nd. 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, NVIDIA presently has a consensus rating of "Buy" and a consensus target price of $321.47.

Insider Buying and Selling at NVIDIA

In other news, CFO Colette Kress sold 34,918 shares of the business'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 owned 765,103 shares of the company's stock, valued at approximately $167,595,812.15. The trade was a 4.36% decrease in their position. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is available at 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 company's stock in a transaction dated 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 completion of the sale, 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 position. Additional details regarding this sale are available in the official SEC disclosure. Insiders have sold 1,766,118 shares of company stock worth $399,450,353 in the last ninety days. 3.94% of the stock is owned by insiders.

Key Headlines Impacting NVIDIA

Here are the key news stories impacting NVIDIA this week:

• Positive Sentiment: Several investment analyses remain bullish on NVIDIA’s long-term outlook. Its CUDA software ecosystem, scale, high margins and deep customer relationships are viewed as a stronger moat than competitors such as Broadcom and Lam Research. Some analysts believe the shares could still double over the next five to 10 years even if growth moderates. Prediction: Nvidia Will Outperform Broadcom Over the Next 5 Years
• Positive Sentiment: NVIDIA is broadening its opportunity beyond GPUs through CPUs, networking, AI factories, industrial AI, autonomous driving and quantum-computing interfaces. Partnerships involving Pony.ai, inDrive, Schneider Electric and HPE could support additional demand for its full-stack platform. Pony AI, NVIDIA Take Their Robotaxi Ambitions to a New Market
• Positive Sentiment: Erste Group modestly raised its fiscal 2027 and 2028 EPS forecasts, while other commentary highlights NVIDIA’s faster growth, stronger margins and relatively attractive valuation compared with some AI semiconductor peers. Brokers Suggest Investing in Nvidia
• Neutral Sentiment: Some analysts argue NVIDIA may become a relative “safe haven” within the AI trade because of its dependable earnings and dominant position, but this is an investor-rotation thesis rather than a new financial result or confirmed catalyst. Can Nvidia's Stock Become a Safe Haven?
• Negative Sentiment: Seaport Research reiterated a bearish view, citing mounting competition, strategic tension in NVIDIA’s business and substantial financial commitments tied to the AI buildout. This bearish call is the clearest company-specific pressure on the shares. Two Critical Nvidia Stock Flaws
• Negative Sentiment: The recent decline reflects broader concern that hyperscalers and neocloud operators may struggle to finance the hundreds of billions of dollars required for AI data centers. High borrowing costs, funding gaps and possible customer spending discipline are pressuring the entire AI trade, including NVIDIA. Why Nvidia Stock Is Down Over 4%?

NVIDIA Stock Performance

NVIDIA stock opened at $210.96 on Monday. NVIDIA Corporation has a 52 week low of $164.27 and a 52 week high of $243.37. The company has a current ratio of 4.59, a quick ratio of 3.85 and a debt-to-equity ratio of 0.14. The stock has a market cap of $5.08 trillion, a P/E ratio of 26.67, a price-to-earnings-growth ratio of 1.62 and a beta of 2.22. The stock has a 50 day moving average of $222.58 and a 200-day moving average of $212.80.

NVIDIA (NASDAQ:NVDA - Get Free Report) last issued its quarterly earnings results on Wednesday, August 26th. The computer hardware maker reported $2.22 earnings per share (EPS) for the quarter, topping analysts' consensus estimates of $2.09 by $0.13. The business had revenue of $96.22 billion during the quarter, compared to analyst estimates of $92.27 billion. NVIDIA had a net margin of 63.66% and a return on equity of 96.04%. The business's revenue was up 105.9% compared to the same quarter last year. During the same quarter in the previous year, the firm earned $1.05 earnings per share. On average, analysts expect that NVIDIA Corporation will post 9.30 EPS for the current fiscal year.

NVIDIA Announces Dividend

The business also recently disclosed a quarterly dividend, which was paid on Thursday, October 1st. Shareholders 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 yield of 0.5%. The ex-dividend date was Thursday, September 10th. NVIDIA's dividend payout ratio is 12.64%.

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

NVIDIA Profile

NVIDIA Corporation NASDAQ: NVDA is a technology company that designs graphics processing units (GPUs), accelerated computing platforms, networking products and related software. Its technologies support artificial intelligence, machine learning, scientific computing, data analytics, professional visualization and computer graphics.

The company's products include GeForce GPUs for gaming and personal computing, data center GPUs and systems for AI and high-performance computing, and networking solutions used to connect and manage large-scale computing infrastructure.

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