348,464 NVIDIA Corporation $NVDA Shares Bought by Quintet Private Bank Europe S.A.

Key Points

• Quintet Private Bank Europe increased its NVIDIA stake by 30.3% in the third quarter, buying 348,464 shares to own 1.5 million shares valued at approximately $342.4 million. NVIDIA now represents 15.9% of the bank’s portfolio, while institutional investors collectively own 65.27% of the stock.
• NVIDIA reported strong quarterly results, with revenue rising 105.9% year over year to $96.22 billion and EPS of $2.22, exceeding estimates. The company also authorized a $150 billion share buyback, while analysts maintain a consensus “Buy” rating and an average price target of $321.47.
• Despite robust AI demand and long-term growth expectations, investors face risks from increasing competition, rising memory costs, customer concentration and regulatory scrutiny of NVIDIA’s reported Hugging Face acquisition. The stock opened at $213.66, down 0.8%.

Quintet Private Bank Europe S.A. lifted its stake in NVIDIA Corporation (NASDAQ:NVDA - Free Report) by 30.3% in the 3rd quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The firm owned 1,499,197 shares of the computer hardware maker's stock after buying an additional 348,464 shares during the period. NVIDIA makes up 15.9% of Quintet Private Bank Europe S.A.'s portfolio, making the stock its biggest position. Quintet Private Bank Europe S.A.'s holdings in NVIDIA were worth $342,387,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

Other large investors have also modified their holdings of the company. Longview Financial Advisors Inc. purchased a new position in NVIDIA in the 1st quarter worth approximately $27,000. Montgomery Financial Services LLC purchased a new stake in shares of NVIDIA during the second quarter valued at approximately $28,000. Langley Wealth Management LLC purchased a new stake in shares of NVIDIA during the second quarter valued at approximately $34,000. Phillip James Consulting Co. acquired a new position in shares of NVIDIA during the first quarter worth $40,000. Finally, Bard Associates Inc. lifted its position in shares of NVIDIA by 8,866.7% during the second quarter. Bard Associates Inc. now owns 269 shares of the computer hardware maker's stock worth $54,000 after purchasing an additional 266 shares in the last quarter. Institutional investors and hedge funds own 65.27% of the company's stock.

Key Headlines Impacting NVIDIA

Here are the key news stories impacting NVIDIA this week:

• Positive Sentiment: Demand indicators remain strong across the AI supply chain. Vertiv reported 61% year-over-year revenue growth, more than doubled organic orders and $4.12 billion in deferred revenue, suggesting hyperscalers are paying to secure power and cooling capacity rather than slowing spending. NVIDIA’s partnership with Vertiv could also shorten data-center deployment timelines. Plugging In: Vertiv Cashes In On AI Demand
• Positive Sentiment: Several reports continue to point to substantial long-term growth. Analysts and commentators highlighted NVIDIA’s projected 70% fiscal 2028 revenue growth, expanding product portfolio, supply-constrained demand and potential customer commitments from companies such as Meta and SpaceX. NVIDIA also released open speech-AI models, broadening its software and ecosystem reach. Nvidia Shareholders Have a Major Reason to Be Bullish
• Neutral Sentiment: NVIDIA is partnering with Eclypsium to secure the hardware layer beneath AI-agent infrastructure. The initiative may strengthen enterprise trust and create additional platform value, although its near-term financial impact is unclear. Eclypsium partners with Nvidia
• Negative Sentiment: The U.S. Department of Justice is examining NVIDIA’s reported $12.9 billion acquisition of Hugging Face, focusing on whether the transaction could give NVIDIA control over an important AI-model and developer distribution channel. Regulatory scrutiny adds uncertainty around the deal and NVIDIA’s broader ecosystem strategy. US DOJ examines Nvidia’s Hugging Face acquisition
• Negative Sentiment: Reports alleging that a suspected Chinese intelligence asset had access to CEO Jensen Huang renewed concerns about China-related chip controls, corporate security and potential government investigations. NVIDIA disputed the underlying diversion allegations, saying they had been investigated and debunked, but the controversy remains an overhang. Nvidia responds to report on Chinese intelligence asset
• Negative Sentiment: Seaport reiterated its Sell rating, citing mounting competition from Google’s custom AI chips and other accelerators. Rising memory costs are also expected to pressure NVIDIA’s gross margin, while investors remain sensitive to the company’s dependence on a concentrated group of hyperscale customers. Seaport reiterates its Sell rating on Nvidia

NVIDIA Stock Down 0.8%

NASDAQ:NVDA opened at $213.66 on Friday. The company has a market capitalization of $5.15 trillion, a price-to-earnings ratio of 27.01, a price-to-earnings-growth ratio of 1.65 and a beta of 2.22. NVIDIA Corporation has a one year low of $164.27 and a one year high of $243.37. The stock has a 50-day simple moving average of $221.99 and a 200 day simple moving average of $204.15. 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 (NASDAQ:NVDA - Get Free Report) last announced its quarterly earnings data on Wednesday, August 26th. The computer hardware maker reported $2.22 earnings per share (EPS) for the quarter, beating 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 analysts' expectations of $92.27 billion. During the same quarter in the prior year, the firm posted $1.05 earnings per share. NVIDIA's revenue for the quarter was up 105.9% compared to the same quarter last year. Sell-side analysts predict that NVIDIA Corporation will post 9.30 EPS for the current fiscal year.

NVIDIA declared that its board has initiated a share buyback program on Monday, September 28th that allows the company to buy back $150 billion in shares. This repurchase authorization allows the computer hardware maker to reacquire up to 2.8% of its stock through open market purchases. Stock repurchase programs are generally an indication that the company's management believes its shares are undervalued.

NVIDIA Announces Dividend

The company also recently declared a quarterly dividend, which was paid on Thursday, October 1st. Stockholders of record on Thursday, September 10th were issued a $0.25 dividend. This represents a $1.00 dividend on an annualized basis and a dividend yield of 0.5%. The ex-dividend date was Thursday, September 10th. NVIDIA's payout ratio is 12.64%.

Insider Activity

In other news, EVP Timothy Teter sold 30,460 shares of the business's stock in a transaction that occurred 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 completion of the sale, the executive vice president directly owned 2,687,660 shares in the company, valued at approximately $598,810,648. The trade was a 1.12% decrease in their position. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which can be accessed through this hyperlink. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Also, CFO Colette Kress sold 34,918 shares of the company's stock in a transaction that occurred on Thursday, September 17th. The shares were sold at an average price of $219.05, for a total value of $7,648,787.90. Following the sale, the chief financial officer directly owned 765,103 shares in the company, valued at approximately $167,595,812.15. This represents a 4.36% 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. In the last ninety days, insiders sold 1,766,118 shares of company stock worth $399,450,353. 3.94% of the stock is currently owned by insiders.

Analysts Set New Price Targets

Several brokerages have recently weighed in on NVDA. Wall Street Zen downgraded shares of NVIDIA from a "strong-buy" rating to a "buy" rating in a research note on Saturday, October 24th. UBS Group reaffirmed a "buy" rating on shares of NVIDIA in a report on Friday, October 9th. Needham & Company LLC reaffirmed a "buy" rating and set a $300.00 price target on shares of NVIDIA in a research note on Wednesday, October 21st. KGI Securities boosted their price objective on shares of NVIDIA from $335.00 to $345.00 in a report on Thursday, August 27th. Finally, Jefferies Financial Group reiterated a "buy" rating on shares of NVIDIA in a report on Wednesday, August 26th. Five analysts have rated the stock with a Strong Buy rating, forty-nine have given a Buy rating and one has given a Hold rating to the company. According to data from MarketBeat.com, NVIDIA currently has a consensus rating of "Buy" and an average target price of $321.47.

NVIDIA Company 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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