2,930 NVIDIA Corporation $NVDA Shares Acquired by Tucker Asset Management LLC

Key Points

• Tucker Asset Management increased its NVIDIA stake by 2.8% during the second quarter, purchasing 2,930 shares to hold 108,000 shares valued at approximately $21.61 million. Institutional investors collectively own 65.27% of NVIDIA.
• NVIDIA continues to benefit from robust AI-infrastructure demand, new modular AI-factory products, and expansion into robotics, autonomous vehicles, quantum computing, and industrial AI. However, concerns about the sustainability and financing of large-scale AI spending, along with semiconductor-sector weakness, are pressuring the stock.
• NVIDIA shares opened at $212.21 after falling 4.4%; the company recently reported revenue growth of 105.9% year over year and authorized a $150 billion share buyback. Wall Street maintains a consensus “Buy” rating with an average price target of $321.47.

Tucker Asset Management LLC boosted its holdings in NVIDIA Corporation (NASDAQ:NVDA - Free Report) by 2.8% in the 2nd quarter, according to the company in its most recent filing with the Securities and Exchange Commission. The firm owned 108,000 shares of the computer hardware maker's stock after purchasing an additional 2,930 shares during the quarter. NVIDIA comprises approximately 5.3% of Tucker Asset Management LLC's investment portfolio, making the stock its 5th largest holding. Tucker Asset Management LLC's holdings in NVIDIA were worth $21,610,000 at the end of the most recent quarter.

Other hedge funds and other institutional investors have also bought and sold shares of the company. Montgomery Financial Services LLC acquired a new position in shares of NVIDIA during the second quarter valued at about $28,000. Longview Financial Advisors Inc. acquired a new stake in shares of NVIDIA in the 1st quarter worth about $27,000. Phillip James Consulting Co. acquired a new stake in shares of NVIDIA in the 1st quarter worth about $40,000. Bard Associates Inc. raised its holdings in shares of NVIDIA by 8,866.7% in the 2nd quarter. Bard Associates Inc. now owns 269 shares of the computer hardware maker's stock worth $54,000 after acquiring an additional 266 shares during the last quarter. Finally, Frankly Finances LLC bought a new position in NVIDIA in the 2nd quarter valued at about $60,000. Institutional investors own 65.27% of the company's stock.

NVIDIA News Roundup

Here are the key news stories impacting NVIDIA this week:

• Positive Sentiment: AI infrastructure demand remains robust. CEO Jensen Huang said neocloud demand is “off the charts,” while Super Micro’s significantly higher revenue outlook and SpaceX’s plans to add substantial computing capacity provided evidence that customers continue expanding AI infrastructure. Nvidia CEO Jensen Huang says neocloud demand is off the charts but capital is scarce
• Positive Sentiment: GTC Berlin expanded NVIDIA’s addressable market. The company introduced DSX POD modular Vera Rubin AI factories, designed to reduce deployment timelines from roughly six months to as little as 14 days. Its DSX platform also targets up to 30% lower power consumption and near-zero cooling-water usage, potentially easing customers’ power and permitting constraints. NVIDIA introduces DSX POD AI factories
• Positive Sentiment: Platform expansion supports the long-term bull case. New partnerships involving AI-agent security, robotics, autonomous vehicles, telecom networks, quantum-computing interfaces and industrial AI reinforce NVIDIA’s strategy of selling a broader full-stack computing ecosystem rather than only GPUs.
• Neutral Sentiment: Quantum news is strategically relevant but not yet a material earnings driver. Quantum X Labs reported improved error-correction results using NVIDIA CUDA-Q, illustrating ecosystem adoption, although the announcement does not provide meaningful near-term revenue information for NVIDIA.
• Negative Sentiment: Investors are questioning AI-spending sustainability and financing. Concerns that hyperscalers, neoclouds and other customers may struggle to fund massive data-center buildouts are weighing on the entire AI trade. Rising-rate risk adds pressure to high-growth technology valuations.
• Negative Sentiment: Semiconductor-sector pressure compounded the decline. Chip stocks weakened after Lam Research cited supply-chain constraints, while broader technology indexes also fell. NVIDIA’s high valuation and upcoming earnings raise the risk of a “sell-the-news” reaction even if results exceed expectations.

NVIDIA Trading Down 4.4%

Shares of NVDA stock opened at $212.21 on Friday. NVIDIA Corporation has a 52-week low of $164.27 and a 52-week high of $243.37. The company has a debt-to-equity ratio of 0.14, a quick ratio of 3.85 and a current ratio of 4.59. The company has a 50-day simple moving average of $222.86 and a two-hundred day simple moving average of $212.57. The company has a market capitalization of $5.11 trillion, a price-to-earnings ratio of 26.83, a PEG ratio of 1.71 and a beta of 2.22.

NVIDIA (NASDAQ:NVDA - Get Free Report) last posted its quarterly earnings data on Wednesday, August 26th. The computer hardware maker reported $2.22 EPS for the quarter, beating the consensus estimate of $2.09 by $0.13. NVIDIA had a net margin of 63.66% and a return on equity of 96.04%. The firm had revenue of $96.22 billion during the quarter, compared to analyst estimates of $92.27 billion. During the same quarter last year, the business posted $1.05 EPS. The company's revenue for the quarter was up 105.9% on a year-over-year basis. Research analysts anticipate that NVIDIA Corporation will post 9.30 EPS for the current fiscal year.

NVIDIA Announces Dividend

The firm also recently announced a quarterly dividend, which was paid on Thursday, October 1st. Stockholders 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 0.5%. NVIDIA's dividend payout ratio is currently 12.64%.

NVIDIA announced that its board has approved a share buyback program on Monday, September 28th that allows the company to buy back $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 programs are usually an indication that the company's board believes its stock is undervalued.

Wall Street Analysts Forecast Growth

A number of research firms have issued reports on NVDA. Raymond James Financial set a $515.00 price target on NVIDIA and gave the company a "strong-buy" rating in a research note on Thursday, August 27th. DA Davidson reissued a "buy" rating and issued a $300.00 price objective on shares of NVIDIA in a research note on Thursday, August 27th. UBS Group restated a "buy" rating on shares of NVIDIA in a report on Friday, October 9th. China Renaissance lifted their target price on NVIDIA from $319.00 to $330.00 and gave the company a "buy" rating in a research report on Monday, August 31st. Finally, Rosenblatt Securities reiterated a "buy" rating and set a $390.00 price target on shares of NVIDIA in a report on Tuesday, September 29th. Five investment 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. Based on data from MarketBeat, NVIDIA has a consensus rating of "Buy" and an average target price of $321.47.

Insider Activity at NVIDIA

In other NVIDIA news, Director Mark A. Stevens sold 622,239 shares of the business's stock in a transaction on Friday, September 4th. The stock was 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 of the company's stock, valued at approximately $541,187,310.22. The trade was a 21.03% decrease in their ownership of the stock. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is accessible through this link. Also, CFO Colette Kress sold 34,918 shares of the business's 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 transaction, the chief financial officer directly owned 765,103 shares in the company, valued at approximately $167,595,812.15. This represents 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. Over the last three months, insiders sold 1,766,118 shares of company stock valued at $399,450,353. 3.94% of the stock is owned by insiders.

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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