162,800 Shares in NVIDIA Corporation $NVDA Bought by HMI Capital Management L.P.

Key Points

• HMI Capital Management purchased 162,800 NVIDIA shares worth approximately $32.6 million, making NVDA about 4.6% of its portfolio. Institutional investors and hedge funds collectively own 65.27% of NVIDIA.
• NVIDIA insiders sold 1.77 million shares valued at roughly $399.5 million over the past 90 days, while insiders retain a 3.94% ownership stake.
• NVIDIA reported quarterly earnings and revenue above analyst expectations, with revenue up 105.9% year over year. Analysts maintain a consensus “Buy” rating with an average price target of $321.89, and the company authorized a $150 billion share repurchase program.

HMI Capital Management L.P. purchased a new stake in NVIDIA Corporation (NASDAQ:NVDA - Free Report) in the 2nd quarter, according to its most recent 13F filing with the Securities and Exchange Commission. The institutional investor purchased 162,800 shares of the computer hardware maker's stock, valued at approximately $32,575,000. NVIDIA accounts for approximately 4.6% of HMI Capital Management L.P.'s portfolio, making the stock its 11th biggest position.

Several other institutional investors and hedge funds have also recently added to or reduced their stakes in NVDA. J. Stern & Co. LLP raised its position in NVIDIA by 13,709.1% during the 4th quarter. J. Stern & Co. LLP now owns 125,760,307 shares of the computer hardware maker's stock worth $23,454,297,000 after purchasing an additional 124,849,603 shares during the last quarter. Amundi lifted its holdings in NVIDIA by 10.4% during the 1st quarter. Amundi now owns 133,768,018 shares of the computer hardware maker's stock worth $23,329,141,000 after buying an additional 12,575,177 shares during the period. SEB Asset Management AB bought a new stake in shares of NVIDIA in the 1st quarter valued at about $1,692,807,000. Employees Provident Fund Board bought a new stake in shares of NVIDIA in the 4th quarter valued at about $1,243,336,000. Finally, H&H International Investment LLC grew its position in shares of NVIDIA by 91.3% in the 1st quarter. H&H International Investment LLC now owns 13,843,775 shares of the computer hardware maker's stock valued at $2,414,354,000 after buying an additional 6,606,675 shares during the last quarter. 65.27% of the stock is currently owned by institutional investors and hedge funds.

Insider Activity at NVIDIA

In other NVIDIA news, Director Mark Stevens sold 622,239 shares of the business's stock in a transaction 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 completion of the sale, the director owned 2,336,531 shares in the company, valued at approximately $541,187,310.22. The trade was a 21.03% decrease in their position. The sale was disclosed in a document filed with the SEC, which can be accessed through the SEC website. Also, EVP Timothy Teter sold 30,460 shares of NVIDIA stock in a transaction dated 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 transaction, the executive vice president owned 2,687,660 shares of the company's stock, valued at $598,810,648. This 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. In the last 90 days, insiders sold 1,766,118 shares of company stock valued at $399,450,353. 3.94% of the stock is owned by company insiders.

NVIDIA Stock Down 0.5%

NVIDIA stock opened at $229.28 on Friday. The company has a quick ratio of 3.85, a current ratio of 4.59 and a debt-to-equity ratio of 0.14. NVIDIA Corporation has a 12-month low of $164.27 and a 12-month high of $243.37. The firm's fifty day moving average is $222.66 and its 200 day moving average is $209.43. The company has a market capitalization of $5.53 trillion, a PE ratio of 28.99, a PEG ratio of 1.77 and a beta of 2.22.

NVIDIA (NASDAQ:NVDA - Get Free Report) last posted its quarterly earnings results on Wednesday, August 26th. The computer hardware maker reported $2.22 earnings per share for the quarter, topping analysts' consensus estimates of $2.09 by $0.13. The business had revenue of $96.22 billion for the quarter, compared to the consensus estimate of $92.27 billion. NVIDIA had a return on equity of 96.04% and a net margin of 63.66%. The firm's revenue for the quarter was up 105.9% on a year-over-year basis. During the same period in the prior year, the business earned $1.05 EPS. As a group, sell-side analysts predict that NVIDIA Corporation will post 9.25 EPS for the current fiscal year.

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

NVIDIA Dividend Announcement

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

Analyst Upgrades and Downgrades

A number of equities analysts have recently issued reports on the company. Melius Research set a $420.00 price objective on NVIDIA in a research report on Thursday, August 27th. HSBC upped their target price on NVIDIA from $360.00 to $365.00 in a report on Thursday, August 27th. Citigroup reiterated a "buy" rating and issued a $315.00 target price (up from $300.00) on shares of NVIDIA in a report on Thursday, August 27th. KeyCorp reissued an "overweight" rating and set a $330.00 target price on shares of NVIDIA in a research report on Monday, August 24th. Finally, Weiss Ratings restated a "buy (b)" rating on shares of NVIDIA in a report on Friday, October 2nd. Five research analysts have rated the stock with a Strong Buy rating, forty-nine have given a Buy rating and one has issued a Hold rating to the company's stock. According to MarketBeat, the stock has an average rating of "Buy" and an average target price of $321.89.

Key Headlines Impacting NVIDIA

Here are the key news stories impacting NVIDIA this week:

• Positive Sentiment: AI infrastructure demand remains robust. TSMC reported third-quarter revenue growth of 50%, while analysts cited continued hyperscaler spending and projected U.S. data-center capital expenditures of roughly $2 trillion next year—supportive of NVIDIA’s accelerator demand. NVIDIA AI spending outlook
• Positive Sentiment: SpaceX reportedly plans to raise as much as $40 billion to purchase NVIDIA AI chips, highlighting the scale of demand from emerging AI customers. NVIDIA also committed $1 billion over five years to U.S. scientific research in areas including quantum computing, healthcare and energy security. SpaceX NVIDIA chip purchase report
• Neutral Sentiment: Options activity is mixed: a large bullish trade suggests some investors expect further gains, but heavier put buying in the semiconductor ETF indicates increased hedging and caution across the chip sector. Technical analysts also see resistance near $235 and potential support around $215–$220. NVIDIA and semiconductor options activity
• Negative Sentiment: Investors remain concerned that AI spending may be debt-funded and approaching a peak. The withdrawal of NVIDIA-backed Firmus Grid’s proposed multibillion-dollar IPO, alongside reports that OpenAI’s annualized revenue was below earlier expectations, has raised questions about AI infrastructure valuations and customer funding. Firmus IPO withdrawal
• Negative Sentiment: Leadership and governance headlines add limited uncertainty: NVIDIA’s head of corporate communications left after roughly four months, while a legal challenge to the company’s Groq technology transaction could create additional execution and reputational risk. NVIDIA communications chief departure

NVIDIA 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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