29,500 Shares of NVIDIA Corporation $NVDA Bought by EMC Capital Management

Key Points

• EMC Capital Management purchased 29,500 NVIDIA shares worth approximately $6.1 million, making NVIDIA its seventh-largest holding and representing about 2.4% of its portfolio. Institutional investors collectively own 65.27% of the stock.
• Analysts remain broadly bullish, with 49 Buy and five Strong Buy ratings and a consensus price target of $321.89. NVIDIA also reported quarterly revenue of $96.22 billion, up 105.9% year over year, and exceeded earnings expectations.
• NVIDIA authorized a $150 billion share-repurchase program, but investor sentiment faces pressure from substantial insider selling and concerns about AI financing, slower-than-expected customer growth, and competition from customers developing custom chips.

EMC Capital Management purchased a new position in shares of NVIDIA Corporation (NASDAQ:NVDA - Free Report) during the second quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The institutional investor purchased 29,500 shares of the computer hardware maker's stock, valued at approximately $6,106,000. NVIDIA makes up about 2.4% of EMC Capital Management's holdings, making the stock its 7th largest holding.

Several other institutional investors also recently bought and sold shares of NVDA. Lifetime Wealth Management P.C. acquired a new stake in NVIDIA in the 4th quarter worth about $26,000. Longview Financial Advisors Inc. acquired a new stake in shares of NVIDIA in the 1st quarter worth $27,000. Langley Wealth Management LLC purchased a new position in NVIDIA during the second quarter worth about $34,000. Phillip James Consulting Co. acquired a new position in NVIDIA in the first quarter valued at approximately $40,000. Finally, Bard Associates Inc. lifted its stake 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 valued at $54,000 after purchasing an additional 266 shares during the last quarter. 65.27% of the stock is owned by institutional investors and hedge funds.

Analyst Ratings Changes

A number of brokerages recently commented on NVDA. HSBC raised their target price on NVIDIA from $360.00 to $365.00 in a report on Thursday, August 27th. China Renaissance lifted their target price on NVIDIA from $319.00 to $330.00 and gave the stock a "buy" rating in a research report on Monday, August 31st. Royal Bank Of Canada raised their price target on NVIDIA from $300.00 to $330.00 and gave the stock an "outperform" rating in a report on Thursday, August 27th. Weiss Ratings restated a "buy (b)" rating on shares of NVIDIA in a research report on Friday, October 2nd. Finally, DA Davidson reiterated a "buy" rating and set a $300.00 price target on shares of NVIDIA in a research report on Thursday, August 27th. Five analysts have rated the stock with a Strong Buy rating, forty-nine have given a Buy rating and one has assigned a Hold rating to the company's stock. According to MarketBeat.com, the stock presently has an average rating of "Buy" and a consensus price target of $321.89.

NVIDIA News Roundup

Here are the key news stories impacting NVIDIA this week:

• Positive Sentiment: New RTX Spark laptops expand NVIDIA’s addressable market. Systems from ASUS, Dell, HP, Lenovo, Microsoft and MSI are now available starting at $2,599, combining Blackwell graphics, up to 128GB of memory and local AI capabilities. The launch could create a new consumer and developer revenue stream beyond data centers. NVIDIA RTX Spark PCs Available Today
• Positive Sentiment: Automotive and enterprise adoption continues. Volvo expanded its partnership with NVIDIA for automated-driving systems, while Adobe is integrating NVIDIA technology across Photoshop, Premiere and other creative tools. These agreements support longer-term demand for NVIDIA hardware and software. Volvo Cars expands automated driving partnership
• Positive Sentiment: Supply-chain investment and customer deployments remain strong. Taiwan is reportedly considering as much as $4 billion for Texas industrial parks serving NVIDIA suppliers, and customers continue deploying Blackwell systems. The developments reinforce demand, although they may take time to affect revenue. Taiwan Texas industrial parks
• Neutral Sentiment: NVIDIA is broadening its software and AI-model ecosystem. Paid offerings such as AI Enterprise and Mission Control, along with Nemotron open models and partnerships with AI startups, could make earnings less dependent on hardware. However, the articles provide no near-term financial contribution.
• Negative Sentiment: AI financing concerns are the main pressure. CoreWeave’s debt has reportedly traded at distressed yields, raising questions about whether highly leveraged customers can continue funding data-center expansion. Higher Treasury yields and inflation concerns are also making large AI projects more expensive. CoreWeave financing worries
• Negative Sentiment: Investors are questioning AI growth expectations. OpenAI’s reported $50 billion revenue run rate was below the roughly $68 billion previously anticipated, prompting concern that AI demand may mature more slowly. Microsoft’s development of custom Maia chips also highlights the risk of customers developing alternatives to NVIDIA GPUs. OpenAI revenue expectations
• Negative Sentiment: Reported insider selling adds a sentiment overhang. Recent data showed NVIDIA insiders made numerous sales and no open-market purchases over the past six months, though such transactions may reflect planned diversification rather than a change in business outlook.

Insider Buying and Selling

In related news, Director Mark Stevens sold 622,239 shares of the firm's stock in a transaction that occurred 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 sale, the director directly owned 2,336,531 shares in the company, valued at $541,187,310.22. This trade represents a 21.03% decrease in their position. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is available through this hyperlink. Also, EVP Timothy Teter sold 30,460 shares of the firm's stock in a transaction that occurred on Monday, September 21st. The shares were sold at an average price of $222.80, for a total value of $6,786,488.00. Following the completion of the sale, the executive vice president owned 2,687,660 shares in the company, valued at approximately $598,810,648. This represents a 1.12% decrease in their ownership of the stock. Additional details regarding this sale are available in the official SEC disclosure. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Insiders sold 1,766,118 shares of company stock valued at $399,450,353 in the last three months. 3.94% of the stock is currently owned by corporate insiders.

NVIDIA Trading Down 1.4%

NVDA opened at $214.13 on Friday. The company has a debt-to-equity ratio of 0.14, a current ratio of 4.59 and a quick ratio of 3.85. 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 price is $223.20 and its 200 day moving average price is $211.10. The stock has a market capitalization of $5.16 trillion, a PE ratio of 27.07, a P/E/G ratio of 1.65 and a beta of 2.22.

NVIDIA (NASDAQ:NVDA - Get Free Report) last released its quarterly earnings data 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 firm 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 company posted $1.05 earnings per share. As a group, research analysts expect that NVIDIA Corporation will post 9.30 EPS for the current fiscal year.

NVIDIA Announces Dividend

The firm also recently disclosed a quarterly dividend, which was paid on Thursday, October 1st. Stockholders of record on Thursday, September 10th were given a dividend of $0.25 per share. The ex-dividend date was Thursday, September 10th. This represents a $1.00 annualized dividend and a dividend yield of 0.5%. NVIDIA's payout ratio is currently 12.64%.

NVIDIA announced that its board has authorized a stock repurchase program on Monday, September 28th that authorizes the company to repurchase $150.00 billion in outstanding shares. This repurchase authorization authorizes the computer hardware maker to purchase up to 2.8% of its shares through open market purchases. Share repurchase programs are typically an indication that the company's management believes its shares are 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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