1,970,793 NVIDIA Corporation $NVDA Shares Sold by ABN AMRO Bank N.V.

Key Points

• ABN AMRO Bank N.V. cut its NVIDIA stake by 38.3%, selling 1.97 million shares in the second quarter and retaining 3.18 million shares valued at approximately $634 million. NVIDIA remains the bank’s largest holding, representing 8.2% of its portfolio.
• NVIDIA reported strong quarterly results, with revenue rising 105.9% year over year to $96.22 billion and EPS of $2.22, exceeding analyst expectations. Continued demand for its AI GPUs, including orders for H200 systems and potential expansion at xAI’s Colossus 2 data center, supports the growth outlook.
• Analysts remain broadly bullish, with 54 of 55 covering analysts rating the stock Buy or Strong Buy and a consensus price target of $324.14. However, insider selling, higher memory costs, rising Treasury yields and unresolved China export restrictions remain key risks.

ABN AMRO Bank N.V. reduced its stake in shares of NVIDIA Corporation (NASDAQ:NVDA - Free Report) by 38.3% in the second quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The fund owned 3,181,157 shares of the computer hardware maker's stock after selling 1,970,793 shares during the quarter. NVIDIA makes up 8.2% of ABN AMRO Bank N.V.'s holdings, making the stock its largest position. ABN AMRO Bank N.V.'s holdings in NVIDIA were worth $634,033,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

A number of other institutional investors also recently added to or reduced their stakes in NVDA. Mivtachim The Workers Social Insurance Fund Ltd. Under Special Management grew its stake in NVIDIA by 34.1% in the second quarter. Mivtachim The Workers Social Insurance Fund Ltd. Under Special Management now owns 89,200 shares of the computer hardware maker's stock valued at $17,848,000 after purchasing an additional 22,700 shares during the last quarter. Kelleher Financial Advisors boosted its holdings in shares of NVIDIA by 122.8% in the 2nd quarter. Kelleher Financial Advisors now owns 42,923 shares of the computer hardware maker's stock valued at $8,588,000 after buying an additional 23,661 shares in the last quarter. Bellars Harris Wealth Management LLC bought a new stake in shares of NVIDIA in the 2nd quarter valued at about $7,380,000. Sutton Place Investors LLC raised its stake in shares of NVIDIA by 2.6% during the 2nd quarter. Sutton Place Investors LLC now owns 22,543 shares of the computer hardware maker's stock worth $4,511,000 after acquiring an additional 579 shares in the last quarter. Finally, Langley Wealth Management LLC bought a new position in shares of NVIDIA during the 2nd quarter worth approximately $34,000. Institutional investors own 65.27% of the company's stock.

Key NVIDIA News

Here are the key news stories impacting NVIDIA this week:

• Positive Sentiment: Elon Musk said xAI’s Colossus 2 data center could more than double its NVIDIA chip count by year-end. The facility reportedly already uses 110,000 GB200 and 440,000 GB300 GPUs, reinforcing expectations for large hyperscaler and AI-lab orders. xAI Colossus 2 chip deployment article
• Positive Sentiment: Industry commentary indicates NVIDIA GPU demand is so strong that even poorly built cloud infrastructure can attract customers at healthy margins. This supports the view that AI compute demand still exceeds available supply. NVIDIA GPU demand article
• Positive Sentiment: RMX Industries placed an order for NVIDIA H200 GPU systems through Technologent, providing another example of demand for NVIDIA’s data-center products. Super Micro’s shipment of Vera Rubin NVL72 racks also signals that next-generation systems are reaching customers. RMX H200 purchase order article
• Positive Sentiment: Analysts continue to favor NVIDIA over competing AI-chip names such as Micron and Marvell, citing broader AI exposure, stronger margins and higher returns on equity. Bullish coverage also points to a potential Vera Rubin volume ramp and substantial cloud infrastructure backlogs. Micron versus NVIDIA analysis
• Neutral Sentiment: Extended U.S.-China trade discussions may eventually improve NVIDIA’s China opportunity, but export restrictions remain unresolved. The stock is also testing important technical levels after a strong recent advance. NVIDIA technical and China outlook article
• Negative Sentiment: EVP Timothy Teter sold approximately $6.8 million of NVIDIA shares under a pre-arranged Rule 10b5-1 plan. The sale was only about 1.1% of his holdings and does not indicate a fundamental change, but it may weigh on sentiment alongside broader reports of insider profit-taking. NVIDIA insider sale article
• Negative Sentiment: Higher memory costs are expected to pressure NVIDIA’s gross margins, while rising Treasury yields could compress the valuation of high-growth technology stocks. Investors are therefore balancing exceptional AI demand against increasing supply-chain costs and macroeconomic risk.

NVIDIA Stock Performance

NVIDIA stock opened at $225.07 on Monday. The stock has a 50-day moving average price of $216.52 and a 200 day moving average price of $206.02. The company has a market capitalization of $5.42 trillion, a price-to-earnings ratio of 28.45, a price-to-earnings-growth ratio of 1.74 and a beta of 2.22. NVIDIA Corporation has a 52 week low of $164.27 and a 52 week high of $236.54. 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 (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 (EPS) for the quarter, topping analysts' consensus estimates of $2.09 by $0.13. NVIDIA had a net margin of 63.66% and a return on equity of 96.04%. The company had revenue of $96.22 billion during the quarter, compared to analyst estimates of $92.27 billion. During the same period last year, the firm posted $1.05 EPS. NVIDIA's revenue for the quarter was up 105.9% compared to the same quarter last year. Sell-side analysts anticipate that NVIDIA Corporation will post 9.25 EPS for the current year.

NVIDIA Announces Dividend

The firm also recently disclosed a quarterly dividend, which will be paid on Thursday, October 1st. Stockholders of record on Thursday, September 10th will be paid a $0.25 dividend. The ex-dividend date is Thursday, September 10th. This represents a $1.00 dividend on an annualized basis and a dividend yield of 0.4%. NVIDIA's dividend payout ratio is presently 12.64%.

Wall Street Analyst Weigh In

A number of brokerages have recently issued reports on NVDA. Jefferies Financial Group reaffirmed a "buy" rating on shares of NVIDIA in a research report on Wednesday, August 26th. Itau BBA Securities dropped their target price on NVIDIA from $256.00 to $218.00 in a research note on Wednesday, June 24th. Benchmark reaffirmed a "buy" rating and set a $335.00 target price on shares of NVIDIA in a research report on Thursday, August 27th. KGI Securities raised their price target on NVIDIA from $335.00 to $345.00 in a report on Thursday, August 27th. Finally, Phillip Securities boosted their price target on NVIDIA from $285.00 to $300.00 and gave the stock a "buy" rating in a research note on Monday, August 31st. Four research analysts have rated the stock with a Strong Buy rating, fifty have assigned a Buy rating and one has assigned a Hold rating to the company. According to data from MarketBeat.com, NVIDIA currently has an average rating of "Buy" and a consensus target price of $324.14.

Insider Buying and Selling

In other NVIDIA news, EVP Timothy S. Teter sold 30,460 shares of the stock in a transaction dated Monday, September 21st. The stock was sold at an average price of $222.80, for a total transaction of $6,786,488.00. Following the sale, the executive vice president directly owned 2,687,660 shares of the company's stock, valued at approximately $598,810,648. This trade represents a 1.12% decrease in their position. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is accessible through this link. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Also, CFO Colette Kress sold 34,918 shares of NVIDIA 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 transaction, the chief financial officer owned 765,103 shares of the company's stock, valued at $167,595,812.15. The trade was a 4.36% decrease in their position. The disclosure for this sale is available in the SEC filing. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Insiders sold a total of 1,766,118 shares of company stock valued at $399,450,353 over the last 90 days. Insiders own 3.94% of the company's stock.

About NVIDIA

NVIDIA Corporation is a technology company that designs accelerated computing platforms, graphics processors and related software. Its products are used for artificial intelligence, machine learning, high-performance computing, computer graphics, data-center applications and other workloads that benefit from parallel processing.

The company's offerings include GeForce graphics processing units (GPUs) and software for gaming and personal computers; data-center GPUs, systems and networking products; and professional visualization solutions for design, engineering, media and scientific applications.

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