3,347 Shares of NVIDIA Corporation $NVDA Acquired by Vermillion & White Wealth Management Group LLC

Key Points

• Vermillion & White Wealth Management Group acquired 3,347 NVIDIA shares worth approximately $670,000, while institutional investors overall own 65.27% of the company.
• NVIDIA insiders sold 1.77 million shares valued at roughly $399.5 million over the past 90 days, including major sales by CFO Colette Kress and director Mark A. Stevens.
• NVIDIA reported stronger-than-expected quarterly results, with revenue up 105.9% year over year, and approved a $150 billion share-buyback program. Analysts maintain a consensus “Buy” rating with an average price target of $321.89.

Vermillion & White Wealth Management Group LLC purchased a new stake in NVIDIA Corporation (NASDAQ:NVDA - Free Report) during the 2nd quarter, according to the company in its most recent 13F filing with the Securities & Exchange Commission. The firm purchased 3,347 shares of the computer hardware maker's stock, valued at approximately $670,000. NVIDIA accounts for 0.3% of Vermillion & White Wealth Management Group LLC's investment portfolio, making the stock its 29th biggest holding.

Other hedge funds also recently made changes to their positions in the company. Kingsview Wealth Management LLC raised its stake in NVIDIA by 2.9% during the 2nd quarter. Kingsview Wealth Management LLC now owns 1,117,091 shares of the computer hardware maker's stock valued at $223,519,000 after acquiring an additional 31,528 shares in the last quarter. Henson Edgewater Management LLC grew its stake in shares of NVIDIA by 6.6% in the second quarter. Henson Edgewater Management LLC now owns 29,826 shares of the computer hardware maker's stock worth $5,968,000 after purchasing an additional 1,839 shares in the last quarter. Sankala Group LLC grew its stake in shares of NVIDIA by 12.0% in the second quarter. Sankala Group LLC now owns 8,493 shares of the computer hardware maker's stock worth $1,862,000 after purchasing an additional 907 shares in the last quarter. Pin Oak Investment Advisors Inc. increased its holdings in shares of NVIDIA by 2.5% during the second quarter. Pin Oak Investment Advisors Inc. now owns 9,067 shares of the computer hardware maker's stock valued at $1,814,000 after purchasing an additional 222 shares during the period. Finally, Unconventional Investor LLC increased its holdings in shares of NVIDIA by 0.9% during the second quarter. Unconventional Investor LLC now owns 11,485 shares of the computer hardware maker's stock valued at $2,298,000 after purchasing an additional 101 shares during the period. Institutional investors own 65.27% of the company's stock.

Insider Activity

In other news, CFO Colette Kress sold 34,918 shares of NVIDIA stock in a transaction dated Thursday, September 17th. The stock was sold at an average price of $219.05, for a total transaction of $7,648,787.90. Following the completion of the sale, the chief financial officer directly owned 765,103 shares in the company, valued at $167,595,812.15. The trade was a 4.36% decrease in their position. The sale was disclosed in a filing with the Securities & Exchange Commission, which can be accessed through this link. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Also, Director Mark A. Stevens sold 622,239 shares of the business's stock in a transaction that occurred on Friday, September 4th. The shares were 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 of the company's stock, valued at approximately $541,187,310.22. The trade was a 21.03% decrease in their position. The SEC filing for this sale provides additional information. Insiders have sold 1,766,118 shares of company stock worth $399,450,353 in the last 90 days. Company insiders own 3.94% of the company's stock.

NVIDIA Stock Performance

NVIDIA stock opened at $221.30 on Thursday. The firm's 50 day simple moving average is $223.43 and its 200-day simple moving average is $210.73. The company has a market cap of $5.33 trillion, a P/E ratio of 27.98, a price-to-earnings-growth ratio of 1.77 and a beta of 2.22. 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 fifty-two week low of $164.27 and a fifty-two week high of $243.37.

NVIDIA (NASDAQ:NVDA - Get Free Report) last issued its quarterly earnings results 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 business had revenue of $96.22 billion during the quarter, compared to the consensus estimate of $92.27 billion. During the same quarter in the prior year, the firm earned $1.05 EPS. The firm's quarterly revenue was up 105.9% on a year-over-year basis. As a group, equities research analysts predict that NVIDIA Corporation will post 9.25 EPS for the current year.

NVIDIA declared that its Board of Directors has approved a share buyback plan on Monday, September 28th that authorizes the company to buy back $150.00 billion in outstanding shares. This buyback authorization authorizes the computer hardware maker to reacquire up to 2.8% of its stock through open market purchases. Share buyback plans are generally an indication that the company's leadership believes its stock is undervalued.

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 was Thursday, September 10th. This represents a $1.00 dividend on an annualized basis and a dividend yield of 0.5%. NVIDIA's dividend payout ratio is currently 12.64%.

Key NVIDIA News

Here are the key news stories impacting NVIDIA this week:

• Positive Sentiment: NVIDIA announced a five-year, $250 million compute commitment to support U.K. AI safety and security research. The initiative strengthens NVIDIA’s relationships with governments, universities and AI developers while promoting its hardware and software ecosystem. NVIDIA pledges $250 million to boost UK AI safety research
• Positive Sentiment: New ecosystem announcements highlighted continued demand for NVIDIA technology. LSEG is using NVIDIA GPUs to accelerate historical market-data processing, while NVIDIA introduced tools including cuPotential for molecular simulation and expanded collaborations in AI-defined chip manufacturing. LSEG teams up with NVIDIA for faster market data processing
• Positive Sentiment: State Street launched a sector ETF designed to give NVIDIA a 20.93% allocation, above the 15.41% weighting in its comparable fund, potentially creating incremental demand for NVDA shares. New State Street Sector ETFs Give Biggest Stocks Full Weight
• Neutral Sentiment: CEO Jensen Huang said NVIDIA would stop supplying chips to customers developing unsafe AI systems. The stance may improve regulatory and reputational positioning, although broader AI-safety concerns could increase scrutiny of the company and industry. Nvidia, Anthropic Weigh In On AI Safeguards
• Negative Sentiment: Investors are assessing competitive threats from Microsoft’s Maia 300 architecture and Intel’s lower-cost, air-cooled Crescent Island inference GPU. Custom accelerators and cheaper inference solutions could pressure NVIDIA’s pricing, growth assumptions and market share over time. Microsoft Just Unveiled a Brand-New AI Chip
• Negative Sentiment: IDC reportedly estimates NVIDIA’s China AI-chip market share has fallen to 34% as Huawei gains ground, underscoring export restrictions and rising local competition. Separately, investor Michael Burry is betting against chip stocks, reinforcing valuation and AI-spending concerns. NVIDIA’s China AI chip market share falls to 34%

Analyst Upgrades and Downgrades

A number of brokerages recently issued reports on NVDA. Melius Research set a $420.00 target price on shares of NVIDIA in a research report on Thursday, August 27th. Wells Fargo & Company set a $210.00 price target on shares of NVIDIA in a research report on Friday, October 2nd. Needham & Company LLC reaffirmed a "buy" rating and issued a $300.00 price target on shares of NVIDIA in a research note on Friday, September 4th. Stifel Nicolaus set a $315.00 price target on shares of NVIDIA in a research note on Thursday, August 27th. Finally, China Renaissance increased their price objective on shares of NVIDIA from $319.00 to $330.00 and gave the company a "buy" rating in a report on Monday, August 31st. Five research 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 stock. Based on data from MarketBeat.com, the company has a consensus rating of "Buy" and a consensus target price of $321.89.

NVIDIA Profile

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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