31,559 NVIDIA Corporation $NVDA Shares Acquired by Cullinan Associates Inc.

Key Points

• Cullinan Associates increased its NVIDIA position by 53.1% in the second quarter, acquiring 31,559 additional shares and bringing its holdings to 90,984 shares valued at approximately $18.2 million. Institutional investors collectively own 65.27% of NVIDIA.
• NVIDIA delivered strong operating results, reporting quarterly revenue of $96.22 billion, up 105.9% year over year, and EPS of $2.22, exceeding analyst expectations. The board also authorized a $150 billion share-repurchase program.
• Investor sentiment remains broadly bullish but faces risks: analysts maintain a consensus “Buy” rating with an average price target of $321.89, while insiders sold roughly $399.5 million of stock over the past 90 days and concerns persist around high valuations, competition, financing conditions and macroeconomic pressure.

Cullinan Associates Inc. grew its position in NVIDIA Corporation (NASDAQ:NVDA - Free Report) by 53.1% during the 2nd quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission. The firm owned 90,984 shares of the computer hardware maker's stock after acquiring an additional 31,559 shares during the quarter. NVIDIA comprises about 1.4% of Cullinan Associates Inc.'s portfolio, making the stock its 18th largest position. Cullinan Associates Inc.'s holdings in NVIDIA were worth $18,205,000 at the end of the most recent reporting period.

Several other institutional investors have also recently made changes to their positions in the company. LightSquare Wealth Management LLC boosted its position in shares of NVIDIA by 0.3% during the second quarter. LightSquare Wealth Management LLC now owns 18,695 shares of the computer hardware maker's stock valued at $3,741,000 after buying an additional 49 shares during the period. Defender Capital LLC. grew its stake in shares of NVIDIA by 0.7% during the second quarter. Defender Capital LLC. now owns 7,534 shares of the computer hardware maker's stock valued at $1,507,000 after buying an additional 50 shares during the last quarter. Kooman & Associates grew its stake in shares of NVIDIA by 0.6% during the second quarter. Kooman & Associates now owns 8,464 shares of the computer hardware maker's stock valued at $1,694,000 after buying an additional 50 shares during the last quarter. Roof Eidam Maycock Peralta LLC grew its stake in shares of NVIDIA by 0.3% during the second quarter. Roof Eidam Maycock Peralta LLC now owns 18,827 shares of the computer hardware maker's stock valued at $3,767,000 after buying an additional 50 shares during the last quarter. Finally, Persium Advisors LLC raised its holdings in shares of NVIDIA by 3.5% in the second quarter. Persium Advisors LLC now owns 1,466 shares of the computer hardware maker's stock worth $293,000 after buying an additional 50 shares during the period. Institutional investors own 65.27% of the company's stock.

Insiders Place Their Bets

In other NVIDIA news, Director Mark A. Stevens sold 622,239 shares of the company'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 completion of the sale, the director directly owned 2,336,531 shares in the company, valued at approximately $541,187,310.22. This represents a 21.03% decrease in their position. The sale was disclosed in a filing with the Securities & Exchange Commission, which can be accessed through this hyperlink. Also, EVP Timothy S. Teter sold 30,460 shares of the stock in a transaction on 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 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 position. 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 have sold 1,766,118 shares of company stock worth $399,450,353 in the last ninety days. 3.94% of the stock is owned by company insiders.

More NVIDIA News

Here are the key news stories impacting NVIDIA this week:

• Positive Sentiment: Automotive expansion: Volvo Cars is expanding its long-running partnership with NVIDIA, adopting three NVIDIA hardware and software components for automated driving systems designed for urban streets and highways. This strengthens NVIDIA’s position in physical AI and autonomous vehicles. Volvo Cars expands automated driving partnership with Nvidia
• Positive Sentiment: Broader enterprise adoption: Adobe and NVIDIA expanded their collaboration to optimize Photoshop, Premiere, Substance 3D, Frame.io and Brand Concierge for faster AI-powered creation. LSEG also selected NVIDIA GPUs to accelerate analysis of its large Tick History dataset, supporting demand beyond hyperscale cloud providers. Adobe and NVIDIA Expand Collaboration to Speed Agentic Creation
• Positive Sentiment: Demand remains substantial: QumulusAI put all GPUs covered by a $71.9 million, three-year NVIDIA Blackwell agreement into production, while industry coverage continues to highlight supply constraints and extensive hyperscaler AI spending. These developments support NVIDIA’s revenue outlook, although they do not eliminate financing risks. QumulusAI Blackwell agreement
• Neutral Sentiment: AI safety initiatives: NVIDIA committed $250 million in computing resources over five years for U.K. agentic AI safety and security research. The move may improve NVIDIA’s regulatory and reputational position, but it is primarily a strategic investment rather than a near-term earnings catalyst. Nvidia pledges $250 million to boost UK AI safety research
• Neutral Sentiment: Political and governance attention: NVIDIA confirmed a multimillion-dollar donation to President Trump’s White House ballroom project, while CEO Jensen Huang discussed working with Chinese AI companies on safety and potentially withholding chips from irresponsible customers. These developments could generate reputational or regulatory scrutiny without directly changing near-term results. Nvidia and Cisco donations
• Negative Sentiment: Macro and financing concerns dominated: Rising Treasury yields and hotter inflation data encouraged investors to reduce exposure to high-growth AI stocks. Markets are increasingly questioning whether cloud providers and neoclouds can fund the infrastructure spending required to support NVIDIA’s growth. Rate pressure versus AI demand
• Negative Sentiment: Competition and valuation rotation: Analysts pointed to Micron’s lower valuation and improving AI-related margins as a more attractive alternative, while Broadcom, AMD and Microsoft’s custom-chip efforts reinforce concerns that NVIDIA’s market share and pricing power could face pressure. Micron versus NVIDIA

Analyst Upgrades and Downgrades

NVDA has been the subject of a number of research analyst reports. Oppenheimer set a $315.00 price target on NVIDIA and gave the stock an "outperform" rating in a research note on Thursday, August 27th. President Capital upped their price objective on NVIDIA from $295.00 to $330.00 in a research report on Thursday, August 27th. Wedbush upped their price objective on NVIDIA from $330.00 to $345.00 and gave the company an "outperform" rating in a research report on Thursday, August 27th. DZ Bank reiterated a "buy" rating on shares of NVIDIA in a research note on Wednesday, August 26th. Finally, The Goldman Sachs Group reiterated a "buy" rating on shares of NVIDIA in a research report on Thursday, September 10th. Five equities 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. According to data from MarketBeat, the company currently has a consensus rating of "Buy" and an average target price of $321.89.

NVIDIA Stock Performance

Shares of NASDAQ:NVDA opened at $217.23 on Friday. The firm's 50 day simple moving average is $223.40 and its 200-day simple moving average is $211.08. The company has a debt-to-equity ratio of 0.14, a quick ratio of 3.85 and a current ratio of 4.59. NVIDIA Corporation has a one year low of $164.27 and a one year high of $243.37. The firm has a market cap of $5.24 trillion, a PE ratio of 27.46, a price-to-earnings-growth ratio of 1.71 and a beta of 2.22.

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

NVIDIA announced that its board has authorized a share buyback program on Monday, September 28th that allows the company to repurchase $150.00 billion in shares. This repurchase authorization allows the computer hardware maker to buy up to 2.8% of its shares through open market purchases. Share repurchase programs are usually a sign that the company's leadership believes its shares are undervalued.

NVIDIA Dividend Announcement

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

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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