35,160 Shares of NVIDIA Corporation $NVDA Purchased by Freestone Grove Partners LP

Key Points

• Freestone Grove Partners initiated a 35,160-share NVIDIA position worth approximately $7.0 million during the second quarter. Institutional investors collectively own 65.27% of NVIDIA’s stock.
• NVIDIA continues to post strong operating results, with quarterly revenue rising 105.9% year over year to $96.22 billion and EPS beating estimates. The board also authorized a $150 billion stock-repurchase program.
• Analyst sentiment remains overwhelmingly positive, with a consensus “Buy” rating and an average price target of $321.89, although insiders sold shares under pre-arranged trading plans and some investors remain cautious about AI-spending sustainability.

Freestone Grove Partners LP purchased a new stake in NVIDIA Corporation (NASDAQ:NVDA - Free Report) during the second quarter, according to its most recent 13F filing with the SEC. The firm purchased 35,160 shares of the computer hardware maker's stock, valued at approximately $7,035,000.

Several other large investors have also recently modified their holdings of the company. J. Stern & Co. LLP boosted its position in shares of NVIDIA by 13,709.1% in the 4th quarter. J. Stern & Co. LLP now owns 125,760,307 shares of the computer hardware maker's stock worth $23,454,297,000 after purchasing an additional 124,849,603 shares in the last quarter. Jupiter Topco LLC purchased a new position in NVIDIA during the 2nd quarter worth $16,156,076,000. Amundi grew its stake in NVIDIA by 10.4% during the 1st quarter. Amundi now owns 133,768,018 shares of the computer hardware maker's stock worth $23,329,141,000 after buying an additional 12,575,177 shares during the last quarter. SEB Asset Management AB acquired a new position in NVIDIA during the 1st quarter valued at about $1,692,807,000. Finally, Employees Provident Fund Board acquired a new position in NVIDIA during the 4th quarter valued at about $1,243,336,000. Institutional investors own 65.27% of the company's stock.

Trending Headlines about NVIDIA

Here are the key news stories impacting NVIDIA this week:

• Positive Sentiment: AI infrastructure demand remains robust. TSMC reported third-quarter revenue growth of 50%, while analysts cited continued hyperscaler spending and projected U.S. data-center capital expenditures of roughly $2 trillion next year—supportive of NVIDIA’s accelerator demand. NVIDIA AI spending outlook
• Positive Sentiment: SpaceX reportedly plans to raise as much as $40 billion to purchase NVIDIA AI chips, highlighting the scale of demand from emerging AI customers. NVIDIA also committed $1 billion over five years to U.S. scientific research in areas including quantum computing, healthcare and energy security. SpaceX NVIDIA chip purchase report
• Neutral Sentiment: Options activity is mixed: a large bullish trade suggests some investors expect further gains, but heavier put buying in the semiconductor ETF indicates increased hedging and caution across the chip sector. Technical analysts also see resistance near $235 and potential support around $215–$220. NVIDIA and semiconductor options activity
• Negative Sentiment: Investors remain concerned that AI spending may be debt-funded and approaching a peak. The withdrawal of NVIDIA-backed Firmus Grid’s proposed multibillion-dollar IPO, alongside reports that OpenAI’s annualized revenue was below earlier expectations, has raised questions about AI infrastructure valuations and customer funding. Firmus IPO withdrawal
• Negative Sentiment: Leadership and governance headlines add limited uncertainty: NVIDIA’s head of corporate communications left after roughly four months, while a legal challenge to the company’s Groq technology transaction could create additional execution and reputational risk. NVIDIA communications chief departure

Insider Activity

In related news, EVP Timothy Teter sold 30,460 shares of NVIDIA stock in a transaction that occurred on Monday, September 21st. The stock was sold at an average price of $222.80, for a total transaction of $6,786,488.00. Following the completion of the transaction, the executive vice president directly owned 2,687,660 shares in the company, valued at approximately $598,810,648. This trade represents a 1.12% decrease in their ownership of the stock. 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 business'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 completion of the transaction, the chief financial officer directly owned 765,103 shares of the company's stock, valued at $167,595,812.15. The trade was a 4.36% decrease in their ownership of the stock. 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 sold a total of 1,766,118 shares of company stock valued at $399,450,353 in the last quarter. 3.94% of the stock is currently owned by company insiders.

Analysts Set New Price Targets

NVDA has been the topic of a number of research analyst reports. Zacks Research upgraded NVIDIA from a "hold" rating to a "strong-buy" rating in a research note on Monday, September 21st. Benchmark reaffirmed a "buy" rating and issued a $335.00 price objective on shares of NVIDIA in a research report on Thursday, August 27th. DA Davidson reiterated a "buy" rating and issued a $300.00 target price on shares of NVIDIA in a research note on Thursday, August 27th. Mizuho set a $315.00 target price on shares of NVIDIA and gave the stock an "outperform" rating in a research note on Thursday, August 27th. Finally, BNP Paribas Exane reissued an "outperform" rating and set a $345.00 target price on shares of NVIDIA in a research report on Monday, October 5th. Five equities research analysts have rated the stock with a Strong Buy rating, forty-nine have issued a Buy rating and one has assigned a Hold rating to the company's stock. According to MarketBeat.com, the stock has a consensus rating of "Buy" and a consensus target price of $321.89.

NVIDIA Stock Performance

NVDA opened at $229.28 on Monday. NVIDIA Corporation has a 12-month low of $164.27 and a 12-month high of $243.37. 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 market capitalization of $5.53 trillion, a PE ratio of 28.99, a P/E/G ratio of 1.77 and a beta of 2.22. The firm has a 50 day moving average of $222.66 and a two-hundred day moving average of $209.66.

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, beating 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 company had revenue of $96.22 billion during the quarter, compared to the consensus estimate of $92.27 billion. During the same period in the previous year, the firm posted $1.05 earnings per share. The firm's quarterly revenue was up 105.9% on a year-over-year basis. On average, analysts anticipate that NVIDIA Corporation will post 9.25 EPS for the current year.

NVIDIA declared that its board has initiated a stock repurchase plan on Monday, September 28th that permits the company to repurchase $150.00 billion in shares. This repurchase authorization permits the computer hardware maker to reacquire up to 2.8% of its stock through open market purchases. Stock repurchase plans are usually an indication that the company's board believes its stock is undervalued.

NVIDIA Announces Dividend

The business also recently disclosed a quarterly dividend, which was paid on Thursday, October 1st. Shareholders of record on Thursday, September 10th were paid a dividend of $0.25 per share. The ex-dividend date was 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 (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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