3,158 NVIDIA Corporation $NVDA Shares Sold by Ridgecrest Wealth Partners LLC

Key Points

• Ridgecrest Wealth Partners cut its NVIDIA stake by 4.5%, selling 3,158 shares and retaining 67,440 shares valued at approximately $13.5 million. NVIDIA remains 6.5% of the firm’s portfolio, while institutional investors collectively own 65.27% of the stock.
• NVIDIA reported strong quarterly results, with adjusted EPS of $2.22 exceeding estimates of $2.09 and revenue of $96.22 billion topping expectations. Revenue increased 105.9% year over year, supported by a 63.66% net margin.
• Analysts maintain a bullish outlook, with the stock receiving a consensus “Buy” rating and an average price target of $324.14 versus its reported $225.07 share price. NVIDIA also declared a quarterly dividend of $0.25 per share, equal to a 0.4% annualized yield.

Ridgecrest Wealth Partners LLC decreased its stake in NVIDIA Corporation (NASDAQ:NVDA - Free Report) by 4.5% in the second quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The institutional investor owned 67,440 shares of the computer hardware maker's stock after selling 3,158 shares during the quarter. NVIDIA makes up 6.5% of Ridgecrest Wealth Partners LLC's portfolio, making the stock its 4th biggest holding. Ridgecrest Wealth Partners LLC's holdings in NVIDIA were worth $13,494,000 as of its most recent filing with the Securities & Exchange Commission.

Other institutional investors have also recently made changes to their positions in the company. Ceera Investments LLC lifted its holdings in shares of NVIDIA by 17.9% in the second quarter. Ceera Investments LLC now owns 5,985 shares of the computer hardware maker's stock worth $1,198,000 after buying an additional 910 shares in the last quarter. SMART Wealth LLC lifted its position in NVIDIA by 0.3% in the second quarter. SMART Wealth LLC now owns 76,294 shares of the computer hardware maker's stock worth $15,266,000 after buying an additional 230 shares during the last quarter. WPG Advisers LLC increased its holdings in NVIDIA by 14.0% during the 2nd quarter. WPG Advisers LLC now owns 18,040 shares of the computer hardware maker's stock worth $3,610,000 after purchasing an additional 2,216 shares during the period. Red Wave Investments LLC lifted its holdings in shares of NVIDIA by 0.5% in the 2nd quarter. Red Wave Investments LLC now owns 31,306 shares of the computer hardware maker's stock worth $6,264,000 after buying an additional 158 shares during the period. Finally, Tevis Investment Management grew its holdings in NVIDIA by 6.1% during the 2nd quarter. Tevis Investment Management now owns 25,800 shares of the computer hardware maker's stock worth $5,162,000 after acquiring an additional 1,487 shares in the last quarter. Institutional investors own 65.27% of the company's stock.

NVIDIA Stock Performance

Shares of NVDA stock opened at $225.07 on Friday. The business's 50 day moving average is $216.52 and its two-hundred day moving average is $205.86. NVIDIA Corporation has a 12-month low of $164.27 and a 12-month high of $236.54. The company has a market capitalization of $5.42 trillion, a P/E ratio of 28.45, a P/E/G ratio of 1.74 and a beta of 2.22. The company has a current ratio of 4.59, a quick ratio of 3.85 and a debt-to-equity ratio of 0.14.

NVIDIA (NASDAQ:NVDA - Get Free Report) last released 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. NVIDIA had a net margin of 63.66% and a return on equity of 96.04%. The business had revenue of $96.22 billion during the quarter, compared to analysts' expectations of $92.27 billion. During the same quarter in the previous year, the company earned $1.05 earnings per share. The company's quarterly revenue was up 105.9% on a year-over-year basis. Analysts expect that NVIDIA Corporation will post 9.25 EPS for the current fiscal year.

NVIDIA Announces Dividend

The company also recently announced a quarterly dividend, which will be paid on Thursday, October 1st. Shareholders of record on Thursday, September 10th will be issued a dividend of $0.25 per share. The ex-dividend date of this dividend 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%.

Analyst Ratings Changes

Several equities analysts have issued reports on NVDA shares. Rosenblatt Securities reiterated a "buy" rating and issued a $390.00 target price on shares of NVIDIA in a research note on Friday, September 4th. Deutsche Bank Aktiengesellschaft restated a "buy" rating on shares of NVIDIA in a research note on Monday, August 31st. JPMorgan Chase & Co. raised their price target on shares of NVIDIA from $280.00 to $320.00 and gave the stock an "overweight" rating in a report on Thursday, August 27th. Rothschild & Co Redburn lifted their price objective on shares of NVIDIA from $300.00 to $325.00 in a research note on Thursday, August 27th. Finally, Wells Fargo & Company reissued an "overweight" rating and set a $315.00 price objective on shares of NVIDIA in a report on Tuesday, August 11th. Four investment analysts have rated the stock with a Strong Buy rating, fifty have given a Buy rating and one has assigned a Hold rating to the company's stock. According to MarketBeat.com, NVIDIA currently has a consensus rating of "Buy" and an average target price of $324.14.

More 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.

Insider Activity at NVIDIA

In other NVIDIA news, EVP Timothy Teter sold 30,460 shares of the firm's 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 owned 2,687,660 shares in the company, 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 SEC, which is accessible through the SEC website. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Also, Director Mark Stevens sold 622,239 shares of NVIDIA stock in a transaction on Friday, September 4th. The stock was sold at an average price of $231.62, for a total transaction of $144,122,997.18. Following the sale, the director directly owned 2,336,531 shares in the company, valued at approximately $541,187,310.22. This trade represents a 21.03% decrease in their position. The SEC filing for this sale provides additional information. In the last ninety days, insiders sold 1,766,118 shares of company stock valued at $399,450,353. 3.94% of the stock is owned by insiders.

NVIDIA Company Profile

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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