39,656 NVIDIA Corporation $NVDA Shares Sold by Great Lakes Advisors LLC

Key Points

• Great Lakes Advisors reduced its NVIDIA stake by 3.9%, selling 39,656 shares and retaining 965,969 shares valued at approximately $193.3 million. Institutional investors collectively own 65.27% of NVIDIA.
• NVIDIA reported quarterly earnings and revenue above analyst expectations, with revenue up 105.9% year over year. The company also authorized a $150 billion share buyback, equal to up to 2.8% of outstanding shares.
• Analyst sentiment remains strongly positive: 4 analysts rate NVIDIA a Strong Buy and 50 rate it a Buy, with a consensus price target of $320.71. However, insider selling, export controls, valuation concerns and potential competition from customers’ in-house chips remain risks.

Great Lakes Advisors LLC lessened its stake in NVIDIA Corporation (NASDAQ:NVDA - Free Report) by 3.9% in the second quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission (SEC). The institutional investor owned 965,969 shares of the computer hardware maker's stock after selling 39,656 shares during the period. NVIDIA makes up about 1.5% of Great Lakes Advisors LLC's holdings, making the stock its 8th biggest holding. Great Lakes Advisors LLC's holdings in NVIDIA were worth $193,281,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

Several other institutional investors and hedge funds have also recently made changes to their positions in NVDA. Richardson Financial Services Inc. raised its stake in shares of NVIDIA by 0.5% during the second quarter. Richardson Financial Services Inc. now owns 24,306 shares of the computer hardware maker's stock worth $4,863,000 after acquiring an additional 116 shares in the last quarter. Avaii Wealth Management LLC lifted its holdings in shares of NVIDIA by 197.6% in the 2nd quarter. Avaii Wealth Management LLC now owns 54,664 shares of the computer hardware maker's stock worth $10,938,000 after acquiring an additional 36,295 shares during the last quarter. Compass Wealth Management LLC purchased a new stake in shares of NVIDIA in the 2nd quarter valued at $299,000. Pacific Sun Financial Corp grew its holdings in shares of NVIDIA by 6.3% during the 2nd quarter. Pacific Sun Financial Corp now owns 13,794 shares of the computer hardware maker's stock valued at $2,760,000 after purchasing an additional 812 shares during the last quarter. Finally, Stevens Capital Partners raised its position in NVIDIA by 67.5% in the 2nd quarter. Stevens Capital Partners now owns 22,339 shares of the computer hardware maker's stock worth $4,470,000 after purchasing an additional 9,000 shares during the period. Hedge funds and other institutional investors own 65.27% of the company's stock.

Insider Transactions at NVIDIA

In related news, Director Mark A. Stevens sold 622,239 shares of the stock in a transaction dated Friday, September 4th. The shares were sold at an average price of $231.62, for a total transaction of $144,122,997.18. Following the sale, the director directly owned 2,336,531 shares of the company's stock, valued at approximately $541,187,310.22. This represents a 21.03% decrease in their position. The sale was disclosed in a document filed with the SEC, which can be accessed through this hyperlink. Also, EVP Timothy S. Teter sold 30,460 shares of the firm's stock in a transaction dated Monday, September 21st. The shares were sold at an average price of $222.80, for a total transaction of $6,786,488.00. Following the sale, the executive vice president owned 2,687,660 shares of the company's stock, valued at approximately $598,810,648. This represents a 1.12% decrease in their ownership of the stock. The SEC filing for this sale provides additional information. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Over the last three months, insiders have sold 1,766,118 shares of company stock valued at $399,450,353. Insiders own 3.94% of the company's stock.

Analyst Upgrades and Downgrades

NVDA has been the subject of several recent research reports. Melius Research set a $420.00 price target on shares of NVIDIA in a research note on Thursday, August 27th. Oppenheimer set a $315.00 price objective on NVIDIA and gave the stock an "outperform" rating in a report on Thursday, August 27th. JPMorgan Chase & Co. boosted their target price on NVIDIA from $280.00 to $320.00 and gave the company an "overweight" rating in a research note on Thursday, August 27th. BMO Capital Markets set a $340.00 price target on NVIDIA and gave the stock an "outperform" rating in a research report on Thursday, August 20th. Finally, Rothschild & Co Redburn lifted their price target on NVIDIA from $300.00 to $325.00 in a research note on Thursday, August 27th. Four analysts have rated the stock with a Strong Buy rating, fifty have issued a Buy rating and one has assigned a Hold rating to the stock. Based on data from MarketBeat.com, NVIDIA currently has an average rating of "Buy" and a consensus target price of $320.71.

Key Headlines Impacting NVIDIA

Here are the key news stories impacting NVIDIA this week:

• Positive Sentiment: Morgan Stanley named NVIDIA its top semiconductor pick, maintaining an Overweight rating and setting a $300 price target. The firm believes NVIDIA’s software ecosystem, scale and positioning across AI infrastructure trends give it a durable competitive moat. Morgan Stanley names NVIDIA a top pick
• Positive Sentiment: NVIDIA’s recently announced $150 billion buyback authorization lifts total remaining repurchase capacity to approximately $235 billion. Investors view the plan as a sign of management confidence and a potential source of per-share earnings support. NVIDIA buyback analysis
• Positive Sentiment: Analysts continue to raise expectations for hyperscaler spending, with Barclays estimating NVIDIA could generate $401 billion in hyperscaler revenue in 2027. CoreWeave’s launch of the Vera Rubin platform and additional enterprise customers also supports demand for NVIDIA’s next-generation systems. Barclays hyperscaler revenue estimate
• Neutral Sentiment: The broader semiconductor and technology complex is attracting buying interest as AI investment remains a major market leadership theme. However, NVIDIA’s valuation and substantial market concentration leave the stock sensitive to interest rates, economic data and shifts in institutional positioning.
• Negative Sentiment: Investors are monitoring reports that Amazon may move roughly $8 billion of NVIDIA chips off its balance sheet through leasing or financing structures. While this could improve customer flexibility, it adds scrutiny around AI infrastructure financing and so-called circular transactions. Amazon NVIDIA chip balance-sheet report
• Negative Sentiment: Export-control concerns remain a headline risk after prosecutors alleged a California man helped smuggle approximately $300 million of NVIDIA chips to China. Separately, Michael Burry warned that GPU depreciation could undermine the economics of the AI infrastructure boom, while Alphabet’s growing use of internally designed chips represents a longer-term competitive threat. NVIDIA chip smuggling prosecution

NVIDIA Price Performance

NVDA stock opened at $233.95 on Friday. The firm has a 50 day moving average price of $218.74 and a 200-day moving average price of $207.48. NVIDIA Corporation has a 52-week low of $164.27 and a 52-week high of $237.88. The firm has a market capitalization of $5.64 trillion, a price-to-earnings ratio of 29.58, a PEG ratio of 1.78 and a beta of 2.22. 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 posted its quarterly earnings results on Wednesday, August 26th. The computer hardware maker reported $2.22 earnings per share for the quarter, topping 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 company had revenue of $96.22 billion for the quarter, compared to the consensus estimate of $92.27 billion. During the same quarter in the prior year, the business posted $1.05 EPS. The firm's quarterly revenue was up 105.9% compared to the same quarter last year. Equities research analysts forecast that NVIDIA Corporation will post 9.25 EPS for the current fiscal year.

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

NVIDIA Announces Dividend

The business also recently announced a quarterly dividend, which was paid on Thursday, October 1st. Shareholders of record on Thursday, September 10th were issued a $0.25 dividend. This represents a $1.00 annualized dividend and a yield of 0.4%. The ex-dividend date of this dividend was Thursday, September 10th. NVIDIA's payout ratio is 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.

This instant news alert was generated by narrative science technology and financial data from MarketBeat in order to provide readers with the fastest reporting and unbiased coverage. Please send any questions or comments about this story to contact@marketbeat.com.