2,819 NVIDIA Corporation $NVDA Shares Sold by Leigh Baldwin & CO. LLC

Key Points

• Leigh Baldwin & Co. LLC reduced its NVIDIA stake by 6.8%, selling 2,819 shares and retaining 38,438 shares valued at approximately $7.69 million. NVIDIA remains the firm’s third-largest holding and represents about 4.1% of its portfolio.
• NVIDIA insiders sold substantial stock recently, including CFO Colette Kress and EVP Timothy Teter, while insiders collectively sold 1.77 million shares worth about $399.5 million over the past 90 days.
• Analyst sentiment remains strongly positive, with a consensus “Buy” rating and an average price target of $321.89. NVIDIA also reported better-than-expected quarterly earnings and authorized a $150 billion share-repurchase program.

Leigh Baldwin & CO. LLC lowered its stake in NVIDIA Corporation (NASDAQ:NVDA - Free Report) by 6.8% during the 2nd quarter, according to its most recent filing with the Securities & Exchange Commission. The fund owned 38,438 shares of the computer hardware maker's stock after selling 2,819 shares during the period. NVIDIA accounts for about 4.1% of Leigh Baldwin & CO. LLC's holdings, making the stock its 3rd largest holding. Leigh Baldwin & CO. LLC's holdings in NVIDIA were worth $7,691,000 as of its most recent filing with the Securities & Exchange Commission.

A number of other institutional investors and hedge funds also recently added to or reduced their stakes in NVDA. Lifetime Wealth Management P.C. purchased a new stake in shares of NVIDIA in the fourth quarter worth $26,000. Longview Financial Advisors Inc. bought a new position in NVIDIA in the 1st quarter worth about $27,000. Phillip James Consulting Co. purchased a new stake in NVIDIA during the 1st quarter valued at about $40,000. Bard Associates Inc. grew its position in NVIDIA by 8,866.7% during the 2nd quarter. Bard Associates Inc. now owns 269 shares of the computer hardware maker's stock valued at $54,000 after purchasing an additional 266 shares during the last quarter. Finally, Frankly Finances LLC bought a new stake in NVIDIA during the 2nd quarter valued at about $60,000. Institutional investors own 65.27% of the company's stock.

Insider Activity at NVIDIA

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

Analyst Upgrades and Downgrades

Several brokerages have issued reports on NVDA. Oppenheimer set a $315.00 target price on shares of NVIDIA and gave the stock an "outperform" rating in a report on Thursday, August 27th. Royal Bank Of Canada increased their price target on shares of NVIDIA from $300.00 to $330.00 and gave the company an "outperform" rating in a report on Thursday, August 27th. DA Davidson reissued a "buy" rating and set a $300.00 price target on shares of NVIDIA in a research report on Thursday, August 27th. JPMorgan Chase & Co. boosted their price objective on shares of NVIDIA from $280.00 to $320.00 and gave the stock an "overweight" rating in a report on Thursday, August 27th. Finally, Stifel Nicolaus set a $315.00 price objective on NVIDIA in a research report on Thursday, August 27th. Five research analysts have rated the stock with a Strong Buy rating, forty-nine have assigned a Buy rating and one has given a Hold rating to the company's stock. According to data from MarketBeat, the stock has an average rating of "Buy" and a consensus target price of $321.89.

NVIDIA Stock Down 2.9%

Shares of NVIDIA stock opened at $230.48 on Friday. NVIDIA Corporation has a twelve month low of $164.27 and a twelve month high of $243.37. The company has a quick ratio of 3.85, a current ratio of 4.59 and a debt-to-equity ratio of 0.14. The company's 50 day moving average is $222.09 and its 200 day moving average is $209.29. The company has a market cap of $5.55 trillion, a price-to-earnings ratio of 29.14, a price-to-earnings-growth ratio of 1.83 and a beta of 2.22.

NVIDIA (NASDAQ:NVDA - Get Free Report) last posted its earnings results on Wednesday, August 26th. The computer hardware maker reported $2.22 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 the consensus estimate of $92.27 billion. NVIDIA had a net margin of 63.66% and a return on equity of 96.04%. The firm's revenue was up 105.9% on a year-over-year basis. During the same quarter in the previous year, the firm posted $1.05 EPS. Research analysts anticipate that NVIDIA Corporation will post 9.25 EPS for the current year.

NVIDIA announced that its Board of Directors has initiated a stock repurchase plan on Monday, September 28th that allows the company to buyback $150.00 billion in shares. This buyback authorization allows the computer hardware maker to purchase up to 2.8% of its stock through open market purchases. Stock buyback plans are usually a sign that the company's management believes its stock is undervalued.

NVIDIA Announces Dividend

The company also recently disclosed a quarterly dividend, which was paid on Thursday, October 1st. Investors of record on Thursday, September 10th were issued 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 payout ratio is presently 12.64%.

NVIDIA News Roundup

Here are the key news stories impacting NVIDIA this week:

• Positive Sentiment: SpaceX is reportedly seeking approximately $40 billion in debt financing to purchase NVIDIA GPUs, potentially creating a major future order and reinforcing demand for the company’s data-center products. Apollo, banks in talks to finance SpaceX's $40 billion Nvidia GPU purchase
• Positive Sentiment: TSMC reported record quarterly revenue of roughly $46.7 billion, up 50% year over year, indicating that demand for advanced AI processors—including NVIDIA’s products—remains robust. Nvidia and AMD fuel a $46.7B TSMC quarter
• Positive Sentiment: NVIDIA committed $1 billion over five years to U.S. science initiatives spanning artificial intelligence, quantum computing, healthcare and energy security. The investment may strengthen government relationships and expand long-term technology adoption. NVIDIA Commits $1 Billion to Advance US Science
• Positive Sentiment: BNP Paribas Exane upgraded NVIDIA to “strong buy,” while Microsoft and PC manufacturers unveiled systems using NVIDIA’s RTX Spark chips, supporting expansion into local and personal AI computing. NVIDIA Stock Lifted to Strong-Buy
• Neutral Sentiment: A large options trade reportedly bets on additional upside, but the signal is speculative and does not change NVIDIA’s underlying earnings outlook. Nvidia Stock Slips. A Big Options Trade Signals Where It Might Go Next
• Negative Sentiment: OpenAI’s reported annualized revenue of about $50 billion was below a previously circulated $68 billion figure, prompting a selloff across AI stocks and raising questions about the pace of AI monetization. Nvidia, Oracle, CoreWeave and other AI stocks sink on OpenAI revenue report
• Negative Sentiment: Firmus, an NVIDIA-backed cloud-computing company, abandoned plans for a major Australian IPO, citing market conditions. The failed offering highlights tightening investor appetite for AI infrastructure financing. NVIDIA’s proposed $20 billion Groq transaction also faces a Delaware lawsuit alleging improper deal structuring, adding legal risk. Nvidia-Backed Firmus Scraps Australian IPO

About NVIDIA

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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