37,051 NVIDIA Corporation $NVDA Shares Bought by Wealthfront Advisers LLC

Key Points

• Wealthfront Advisers increased its NVIDIA position by 37,051 shares in the second quarter, bringing its holdings to 4.4 million shares valued at approximately $880.6 million. Institutional investors and hedge funds own 65.27% of NVIDIA.
• NVIDIA reported quarterly revenue of $96.22 billion and earnings of $2.22 per share, exceeding analyst expectations, while revenue rose 105.9% year over year. The company also authorized a $150 billion share buyback, bringing total repurchase capacity to $235 billion through 2028.
• Despite bullish analyst sentiment and a consensus “Buy” rating with an average $324.14 price target, insiders sold 1.77 million shares worth approximately $399.5 million over the past 90 days. Investors are also monitoring risks related to AI spending sustainability, customer financing arrangements and competition from China.

Wealthfront Advisers LLC lifted its position in NVIDIA Corporation (NASDAQ:NVDA - Free Report) by 0.8% in the 2nd quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The institutional investor owned 4,400,817 shares of the computer hardware maker's stock after acquiring an additional 37,051 shares during the quarter. NVIDIA accounts for approximately 1.7% of Wealthfront Advisers LLC's investment portfolio, making the stock its 9th largest holding. Wealthfront Advisers LLC's holdings in NVIDIA were worth $880,560,000 at the end of the most recent quarter.

A number of other large investors have also made changes to their positions in the business. Global Strategic Investment Solutions LLC increased its position in shares of NVIDIA by 2.3% in the 2nd quarter. Global Strategic Investment Solutions LLC now owns 18,413 shares of the computer hardware maker's stock valued at $3,684,000 after acquiring an additional 421 shares during the period. Boulder Wealth Advisors LLC raised its position in NVIDIA by 14.1% during the second quarter. Boulder Wealth Advisors LLC now owns 2,768 shares of the computer hardware maker's stock worth $554,000 after acquiring an additional 342 shares during the period. Foster & Motley Inc. lifted its stake in NVIDIA by 37.9% in the 2nd quarter. Foster & Motley Inc. now owns 60,749 shares of the computer hardware maker's stock valued at $12,155,000 after buying an additional 16,694 shares in the last quarter. Four Tree Island Advisory LLC purchased a new position in shares of NVIDIA in the second quarter valued at approximately $3,239,000. Finally, First National Bank of Omaha grew its holdings in shares of NVIDIA by 9.5% during the second quarter. First National Bank of Omaha now owns 395,533 shares of the computer hardware maker's stock worth $78,648,000 after buying an additional 34,332 shares in the last quarter. 65.27% of the stock is owned by institutional investors and hedge funds.

Insider Buying and Selling at NVIDIA

In related news, 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 transaction of $7,648,787.90. Following the transaction, the chief financial officer owned 765,103 shares of the company's stock, valued at approximately $167,595,812.15. This represents a 4.36% decrease in their ownership of the stock. The sale was disclosed in a filing with the SEC, which is available at the SEC website. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Also, Director Mark A. Stevens sold 622,239 shares of the stock in a transaction dated 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 transaction, the director 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. Additional details regarding this sale are available in the official SEC disclosure. In the last 90 days, insiders have sold 1,766,118 shares of company stock worth $399,450,353. 3.94% of the stock is owned by insiders.

More NVIDIA News

Here are the key news stories impacting NVIDIA this week:

• Positive Sentiment: Barclays raised its estimate for NVIDIA’s 2027 hyperscaler revenue to approximately $401 billion, above its prior $370 billion forecast. The estimate reflects accelerating data-center investment by major cloud providers. Nvidia stock gains as Barclays sees $401B hyperscaler revenue in 2027
• Positive Sentiment: NVIDIA authorized an additional $150 billion share repurchase, bringing total buyback capacity to $235 billion through 2028. The move signals management confidence in future cash generation and could support earnings per share. Nvidia authorizes $150B buyback
• Positive Sentiment: Analysts remain constructive: Cantor Fitzgerald reaffirmed an overweight rating with a $350 price target, while other coverage highlights NVIDIA’s strong earnings prospects, rising cash flow and demand for its Vera Rubin platform. 2 Growth Stocks With Strong Earnings Prospects to Buy in October
• Positive Sentiment: New ecosystem activity, including NVIDIA’s participation in GMI Cloud’s $668 million financing and expanded digital-twin and AI-safety initiatives, reinforces demand for its full-stack AI platform.
• Neutral Sentiment: The stock is nearing its all-time high, making upcoming hyperscaler capital-expenditure updates and future earnings results important catalysts for sustaining momentum. Nvidia stock approaches record territory
• Negative Sentiment: Investors are debating NVIDIA’s financing arrangements for AI customers, which critics describe as potentially circular. Concerns about customer credit quality and overinvestment could increase volatility if AI infrastructure spending slows. Nvidia’s bet that its chips can finance the AI boom
• Negative Sentiment: China’s efforts to develop software for Huawei’s competing AI chips and the broader risk of hyperscaler CapEx fatigue remain longer-term threats to NVIDIA’s market share and valuation.

NVIDIA Stock Up 1.1%

Shares of NASDAQ NVDA opened at $230.86 on Friday. The firm has a 50-day moving average price of $218.20 and a 200 day moving average price of $207.30. NVIDIA Corporation has a 52 week low of $164.27 and a 52 week high of $236.54. The company has a quick ratio of 3.85, a current ratio of 4.59 and a debt-to-equity ratio of 0.14. The stock has a market capitalization of $5.56 trillion, a price-to-earnings ratio of 29.19, a price-to-earnings-growth ratio of 1.76 and a beta of 2.22.

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

NVIDIA announced that its board has initiated a share buyback program on Monday, September 28th that allows the company to buyback $150.00 billion in shares. This buyback authorization allows the computer hardware maker to buy up to 2.8% of its shares through open market purchases. Shares buyback programs are often an indication that the company's board believes its shares are undervalued.

NVIDIA Dividend Announcement

The firm also recently declared a quarterly dividend, which was paid on Thursday, October 1st. Stockholders of record on Thursday, September 10th were given a $0.25 dividend. The ex-dividend date was Thursday, September 10th. This represents a $1.00 annualized dividend and a dividend yield of 0.4%. NVIDIA's dividend payout ratio is currently 12.64%.

Analysts Set New Price Targets

Several equities research analysts recently issued reports on the stock. HSBC raised their price objective on shares of NVIDIA from $360.00 to $365.00 in a research report on Thursday, August 27th. President Capital increased their target price on shares of NVIDIA from $295.00 to $330.00 in a report on Thursday, August 27th. BMO Capital Markets set a $340.00 target price on shares of NVIDIA and gave the stock an "outperform" rating in a research note on Thursday, August 20th. Stifel Nicolaus set a $315.00 price target on NVIDIA in a research note on Thursday, August 27th. Finally, JPMorgan Chase & Co. boosted their price target on shares of NVIDIA from $280.00 to $320.00 and gave the company an "overweight" rating in a research report on Thursday, August 27th. Four research analysts have rated the stock with a Strong Buy rating, fifty have given a Buy rating and one has assigned a Hold rating to the company's stock. Based on data from MarketBeat.com, the company has a consensus rating of "Buy" and an average target price of $324.14.

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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