36,220 NVIDIA Corporation $NVDA Shares Sold by Evolve Private Wealth LLC

Key Points

• Evolve Private Wealth LLC reduced its NVIDIA position by 12.8%, selling 36,220 shares and retaining 246,013 shares valued at approximately $49.2 million. NVIDIA remains about 3% of the firm’s portfolio and its fourth-largest holding.
• Institutional ownership and analyst sentiment remain strong: institutional investors own 65.27% of NVIDIA, while analysts give the stock a consensus “Buy” rating with an average price target of $321.89.
• NVIDIA reported quarterly revenue of $96.22 billion, up 105.9% year over year, and exceeded earnings expectations. The company also authorized a $150 billion share-repurchase program, although recent insider selling and valuation concerns pose potential risks.

Evolve Private Wealth LLC trimmed its holdings in shares of NVIDIA Corporation (NASDAQ:NVDA - Free Report) by 12.8% in the 2nd quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The institutional investor owned 246,013 shares of the computer hardware maker's stock after selling 36,220 shares during the quarter. NVIDIA comprises about 3.0% of Evolve Private Wealth LLC's holdings, making the stock its 4th largest position. Evolve Private Wealth LLC's holdings in NVIDIA were worth $49,226,000 at the end of the most recent quarter.

Several other institutional investors and hedge funds have also recently modified their holdings of the business. W1M Asset Management Ltd boosted its position in shares of NVIDIA by 14.9% during the 2nd quarter. W1M Asset Management Ltd now owns 32,118 shares of the computer hardware maker's stock valued at $6,416,000 after acquiring an additional 4,176 shares during the last quarter. Madison Wealth Partners Inc increased its position in shares of NVIDIA by 14.9% in the second quarter. Madison Wealth Partners Inc now owns 30,492 shares of the computer hardware maker's stock worth $6,101,000 after purchasing an additional 3,960 shares during the last quarter. Krane Financial Solutions LLC raised its stake in NVIDIA by 9.0% in the second quarter. Krane Financial Solutions LLC now owns 1,869 shares of the computer hardware maker's stock valued at $374,000 after purchasing an additional 154 shares in the last quarter. Varma Mutual Pension Insurance Co raised its stake in NVIDIA by 0.3% in the second quarter. Varma Mutual Pension Insurance Co now owns 3,920,566 shares of the computer hardware maker's stock valued at $784,466,000 after purchasing an additional 12,300 shares in the last quarter. Finally, George Kaiser Family Foundation lifted its position in NVIDIA by 246.0% during the second quarter. George Kaiser Family Foundation now owns 12,204 shares of the computer hardware maker's stock valued at $2,442,000 after purchasing an additional 8,677 shares during the last quarter. Hedge funds and other institutional investors own 65.27% of the company's stock.

Wall Street Analyst Weigh In

A number of equities analysts have commented on the stock. Sanford C. Bernstein reissued a "buy" rating on shares of NVIDIA in a research note on Monday, September 21st. Needham & Company LLC reiterated a "buy" rating and issued a $300.00 target price on shares of NVIDIA in a research report on Friday, September 4th. The Goldman Sachs Group reissued a "buy" rating on shares of NVIDIA in a research note on Thursday, September 10th. Royal Bank Of Canada raised their price target on NVIDIA from $300.00 to $330.00 and gave the company an "outperform" rating in a research report on Thursday, August 27th. Finally, Evercore set a $465.00 price target on NVIDIA and gave the stock an "outperform" rating in a research note on Thursday, August 27th. Four analysts have rated the stock with a Strong Buy rating, fifty have given a Buy rating and one has issued a Hold rating to the company's stock. According to data from MarketBeat.com, NVIDIA has an average rating of "Buy" and a consensus price target of $321.89.

NVIDIA Price Performance

Shares of NASDAQ:NVDA opened at $237.36 on Thursday. The stock has a market cap of $5.72 trillion, a PE ratio of 30.01, a PEG ratio of 1.85 and a beta of 2.22. The company's fifty day moving average is $221.38 and its 200 day moving average is $208.88. NVIDIA Corporation has a 52 week low of $164.27 and a 52 week high of $243.37. The company has a quick ratio of 3.85, a current ratio of 4.59 and a debt-to-equity ratio of 0.14.

NVIDIA (NASDAQ:NVDA - Get Free Report) last posted its quarterly earnings results 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 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 analyst estimates of $92.27 billion. During the same period in the prior year, the business posted $1.05 earnings per share. The company's revenue was up 105.9% on a year-over-year basis. Research analysts anticipate that NVIDIA Corporation will post 9.25 earnings per share for the current year.

NVIDIA Announces Dividend

The business also recently announced 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 was Thursday, September 10th. This represents a $1.00 annualized dividend and a yield of 0.4%. NVIDIA's dividend payout ratio is currently 12.64%.

NVIDIA announced that its Board of Directors has authorized a stock buyback plan on Monday, September 28th that permits the company to buyback $150.00 billion in shares. This buyback authorization permits the computer hardware maker to buy up to 2.8% of its shares through open market purchases. Shares buyback plans are generally a sign that the company's leadership believes its stock is undervalued.

More NVIDIA News

Here are the key news stories impacting NVIDIA this week:

• Positive Sentiment: SpaceX may become a major new customer. SpaceX is reportedly seeking approximately $40 billion in debt financing—potentially including bank loans and investment-grade bonds—to purchase NVIDIA GPUs for its AI infrastructure. The proposed transaction would reinforce demand for NVIDIA’s chips, although the debt-funded nature of the purchase raises questions about customer financing risk. Apollo, banks in talks to finance SpaceX's $40 billion Nvidia GPU purchase
• Positive Sentiment: NVIDIA is expanding beyond data centers into PCs and edge AI. Microsoft unveiled the $2,599 Surface Laptop Ultra with an NVIDIA AI chip, while ASUS and other manufacturers began offering RTX Spark-powered systems for local AI workloads. This could broaden NVIDIA’s addressable market and create a new consumer and enterprise revenue stream. Microsoft to sell Surface Laptop Ultra containing Nvidia AI chip
• Positive Sentiment: AI infrastructure adoption remains widespread. NVIDIA-backed Lambda is reportedly targeting up to $4 billion in additional funding ahead of a planned IPO, while robotics, sovereign-AI and cloud-computing companies continue announcing deployments using NVIDIA platforms. These developments support the company’s ecosystem and long-term demand outlook. Nvidia-backed Lambda targets $4 billion raise
• Positive Sentiment: Analyst sentiment remains bullish. Morgan Stanley raised its price target, and consensus estimates cited by analysts imply additional upside. NVIDIA’s prior quarterly earnings beat and more-than-doubling revenue growth continue to support the bullish case.
• Neutral Sentiment: Market conditions are mixed. Rising oil prices tied to renewed Strait of Hormuz tensions pressured broader equities, while investors also remained focused on interest rates and Federal Reserve minutes.
• Negative Sentiment: Valuation and concentration risks are becoming more prominent. NVIDIA is approaching a $6 trillion market capitalization after a powerful rally, increasing the potential for profit-taking. Michael Burry has reportedly shifted to longer-dated put options on NVIDIA, citing the risk of an eventual AI downturn.
• Negative Sentiment: Trade and execution risks could weigh on the shares. Fresh tariff threats and concerns about margin compression, inventory levels and the sustainability of debt-financed AI spending are tempering enthusiasm. Investors may also be reluctant to chase the stock near record highs without evidence that earnings growth can continue to exceed elevated expectations.

Insider Activity at NVIDIA

In related news, EVP Timothy Teter sold 30,460 shares of the firm'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 transaction of $6,786,488.00. Following the transaction, the executive vice president directly owned 2,687,660 shares in the company, valued at $598,810,648. This trade represents a 1.12% decrease in their position. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is available 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 that occurred on Friday, September 4th. The stock was sold at an average price of $231.62, for a total value of $144,122,997.18. Following the completion of the transaction, the director directly owned 2,336,531 shares in the company, valued at $541,187,310.22. This trade represents a 21.03% decrease in their ownership of the stock. The disclosure for this sale is available in the SEC filing. Insiders sold 1,766,118 shares of company stock worth $399,450,353 in the last ninety days. 3.94% of the stock is owned by company insiders.

NVIDIA Company 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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