3,300 NVIDIA Corporation $NVDA Shares Bought by Keating Financial Advisory Services Inc.

Key Points

• Keating Financial Advisory Services increased its NVIDIA stake by 2.1%, adding 3,300 shares to reach 159,579 shares valued at approximately $31.93 million. NVIDIA represents about 4.2% of the firm’s portfolio.
• Institutional ownership remains high at 65.27%, although NVIDIA insiders sold 1.77 million shares worth roughly $399.5 million during the latest quarter.
• NVIDIA reported stronger-than-expected quarterly results, with $2.22 in EPS and $96.22 billion in revenue, while analysts maintained a “Buy” consensus with an average price target of $321.89. The company also authorized a $150 billion share-repurchase program.

Keating Financial Advisory Services Inc. lifted its holdings in shares of NVIDIA Corporation (NASDAQ:NVDA - Free Report) by 2.1% in the second quarter, according to its most recent disclosure with the Securities and Exchange Commission. The fund owned 159,579 shares of the computer hardware maker's stock after acquiring an additional 3,300 shares during the quarter. NVIDIA accounts for about 4.2% of Keating Financial Advisory Services Inc.'s holdings, making the stock its 5th largest position. Keating Financial Advisory Services Inc.'s holdings in NVIDIA were worth $31,930,000 at the end of the most recent quarter.

A number of other hedge funds have also bought and sold shares of NVDA. Alaska Wealth Advisors LLC boosted its position in NVIDIA by 21.5% in the second quarter. Alaska Wealth Advisors LLC now owns 12,603 shares of the computer hardware maker's stock worth $2,522,000 after purchasing an additional 2,226 shares during the last quarter. Beckerman Institutional LLC purchased a new stake in shares of NVIDIA during the 2nd quarter valued at $1,503,000. OneAscent Wealth Management LLC raised its stake in shares of NVIDIA by 40.4% during the 2nd quarter. OneAscent Wealth Management LLC now owns 10,465 shares of the computer hardware maker's stock worth $2,094,000 after purchasing an additional 3,010 shares during the period. OneAscent Family Office LLC boosted its holdings in shares of NVIDIA by 45.4% in the 2nd quarter. OneAscent Family Office LLC now owns 27,837 shares of the computer hardware maker's stock worth $5,570,000 after buying an additional 8,693 shares during the last quarter. Finally, Presper Financial Architects LLC boosted its holdings in shares of NVIDIA by 6.7% in the 2nd quarter. Presper Financial Architects LLC now owns 1,328 shares of the computer hardware maker's stock worth $266,000 after buying an additional 83 shares during the last quarter. 65.27% of the stock is currently owned by institutional investors.

Insiders Place Their Bets

In other NVIDIA news, Director Mark Stevens sold 622,239 shares of NVIDIA stock in a transaction dated 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 completion of the transaction, the director owned 2,336,531 shares of the company's stock, valued at $541,187,310.22. The trade was a 21.03% decrease in their position. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is available through this link. Also, EVP Timothy Teter sold 30,460 shares of the company's stock in a transaction dated 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 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. The disclosure for this sale is available in the SEC filing. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Insiders sold a total of 1,766,118 shares of company stock worth $399,450,353 in the last quarter. 3.94% of the stock is owned by company insiders.

NVIDIA Stock Up 2.1%

NVIDIA stock opened at $238.90 on Tuesday. NVIDIA Corporation has a 1-year low of $164.27 and a 1-year high of $240.10. The firm has a market capitalization of $5.76 trillion, a price-to-earnings ratio of 30.20, a P/E/G ratio of 1.81 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. The firm has a 50 day simple moving average of $219.59 and a 200 day simple moving average of $208.05.

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

NVIDIA announced that its board has initiated a stock buyback program on Monday, September 28th that permits the company to repurchase $150.00 billion in outstanding shares. This repurchase authorization permits the computer hardware maker to repurchase up to 2.8% of its stock through open market purchases. Stock repurchase programs are generally a sign that the company's board of directors believes its stock is undervalued.

NVIDIA Dividend Announcement

The business also recently disclosed a quarterly dividend, which was paid on Thursday, October 1st. Investors of record on Thursday, September 10th were issued a dividend of $0.25 per share. The ex-dividend date of this dividend was Thursday, September 10th. This represents a $1.00 dividend on an annualized basis and a yield of 0.4%. NVIDIA's dividend payout ratio is 12.64%.

Wall Street Analysts Forecast Growth

Several research firms recently weighed in on NVDA. Benchmark restated a "buy" rating and set a $335.00 price target on shares of NVIDIA in a research report on Thursday, August 27th. HSBC boosted their target price on shares of NVIDIA from $360.00 to $365.00 in a research note on Thursday, August 27th. Wall Street Zen downgraded shares of NVIDIA from a "strong-buy" rating to a "buy" rating in a research report on Saturday, September 26th. Weiss Ratings restated a "buy (b)" rating on shares of NVIDIA in a research note on Wednesday, July 8th. Finally, Oppenheimer set a $315.00 price target on shares of NVIDIA and gave the stock an "outperform" rating in a report on Thursday, August 27th. Four research analysts have rated the stock with a Strong Buy rating, fifty have issued a Buy rating and one has given a Hold rating to the stock. According to data from MarketBeat, the company currently has an average rating of "Buy" and an average price target of $321.89.

Key Headlines Impacting NVIDIA

Here are the key news stories impacting NVIDIA this week:

• Positive Sentiment: Strong supplier data reinforced AI demand. Foxconn reported its strongest-ever monthly revenue, helped by accelerating demand for AI servers that use NVIDIA systems. The report gave investors a near-term signal that hyperscaler and data-center spending remains robust. Why is Nvidia stock rising today?
• Positive Sentiment: Large Rubin GPU orders highlighted future growth. AM Intelligence announced firm orders for 20,000 NVIDIA Rubin GPUs for AI factories in India and Malaysia, supporting expectations for continued demand as customers expand beyond current-generation systems. AM Intelligence Expands NVIDIA Vera Rubin AI Factory Buildout
• Positive Sentiment: Analysts and technical signals remained bullish. Coverage pointed to NVIDIA’s central role in frontier AI, robotics and physical AI, while some analysts argued that its forward valuation remains reasonable relative to projected earnings growth. NVIDIA also led IBD’s list of top-performing stocks. The case for Nvidia's stock to march even higher
• Positive Sentiment: Capital-return and ecosystem catalysts added support. NVIDIA’s total share-buyback authorization was reported at $235 billion, and investments in AI startups such as Reflection AI could strengthen its software and developer ecosystem. AI stocks announce major buybacks

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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