40,841 NVIDIA Corporation $NVDA Shares Sold by Argent Capital Management LLC

Key Points

• Argent Capital Management reduced its NVIDIA stake by 4%, selling 40,841 shares and retaining 990,937 shares valued at approximately $226.3 million. Institutional investors collectively own 65.27% of NVIDIA.
• NVIDIA reported strong results, including $2.22 adjusted EPS and $96.22 billion in quarterly revenue, with revenue rising 105.9% year over year. The board also authorized a $150 billion share-repurchase plan.
• Wall Street remains broadly bullish, with a consensus “Buy” rating and a $321.47 price target, although insider selling and potential credit, infrastructure, and competitive pressures remain risks.

Argent Capital Management LLC lessened its holdings in NVIDIA Corporation (NASDAQ:NVDA - Free Report) by 4.0% during the 3rd quarter, according to its most recent filing with the Securities & Exchange Commission. The firm owned 990,937 shares of the computer hardware maker's stock after selling 40,841 shares during the period. NVIDIA comprises approximately 1.7% of Argent Capital Management LLC's holdings, making the stock its 2nd biggest position. Argent Capital Management LLC's holdings in NVIDIA were worth $226,310,000 at the end of the most recent quarter.

Several other hedge funds and other institutional investors have also recently modified their holdings of NVDA. Jupiter Topco LLC purchased a new stake in NVIDIA in the 2nd quarter worth $16,156,076,000. Van ECK Associates Corp increased its position in NVIDIA by 34.7% in the second quarter. Van ECK Associates Corp now owns 75,849,721 shares of the computer hardware maker's stock worth $15,176,771,000 after purchasing an additional 19,522,304 shares during the last quarter. State Street Corp raised its position in shares of NVIDIA by 1.6% during the 2nd quarter. State Street Corp now owns 1,009,783,437 shares of the computer hardware maker's stock valued at $202,047,568,000 after buying an additional 15,897,836 shares in the last quarter. Amundi raised its position in NVIDIA by 10.4% during the first quarter. Amundi now owns 133,768,018 shares of the computer hardware maker's stock valued at $23,329,141,000 after purchasing an additional 12,575,177 shares during the period. Finally, Nykredit A S purchased a new position in shares of NVIDIA in the 2nd quarter worth approximately $2,315,956,000. 65.27% of the stock is currently owned by hedge funds and other institutional investors.

Insider Transactions at NVIDIA

In other news, CFO Colette Kress sold 34,918 shares of the company's stock in a transaction dated 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 owned 765,103 shares in the company, valued at approximately $167,595,812.15. This represents a 4.36% decrease in their position. The sale was disclosed in a document filed with the SEC, which can be accessed through this hyperlink. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Also, EVP Timothy S. Teter sold 30,460 shares of NVIDIA 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 completion of the sale, the executive vice president owned 2,687,660 shares in the company, valued at approximately $598,810,648. This represents a 1.12% 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 worth $399,450,353 over the last ninety days. 3.94% of the stock is currently owned by corporate insiders.

Wall Street Analysts Forecast Growth

A number of research firms have recently commented on NVDA. The Goldman Sachs Group restated a "buy" rating on shares of NVIDIA in a report on Wednesday, October 21st. Rothschild & Co Redburn raised their price target on NVIDIA from $300.00 to $325.00 in a research note on Thursday, August 27th. Weiss Ratings raised shares of NVIDIA from a "buy (b)" rating to a "buy (b+)" rating in a research note on Friday, October 16th. HSBC increased their target price on shares of NVIDIA from $360.00 to $365.00 in a report on Thursday, August 27th. Finally, Mizuho set a $315.00 target price on NVIDIA and gave the stock an "outperform" rating in a report on Thursday, August 27th. Five equities research analysts have rated the stock with a Strong Buy rating, forty-nine have issued a Buy rating and one has issued a Hold rating to the company. According to MarketBeat, the company has an average rating of "Buy" and a consensus price target of $321.47.

NVIDIA Trading Up 2.4%

NVDA opened at $216.00 on Tuesday. NVIDIA Corporation has a 1-year low of $164.27 and a 1-year high of $243.37. The company has a debt-to-equity ratio of 0.14, a current ratio of 4.59 and a quick ratio of 3.85. The company's 50 day simple moving average is $222.48 and its two-hundred day simple moving average is $203.56. The firm has a market capitalization of $5.21 trillion, a price-to-earnings ratio of 30.57, a price-to-earnings-growth ratio of 1.62 and a beta of 2.22.

NVIDIA (NASDAQ:NVDA - Get Free Report) last released its earnings results on Wednesday, August 26th. The computer hardware maker reported $2.22 earnings per share 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 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 company posted $1.05 EPS. NVIDIA's revenue was up 105.9% compared to the same quarter last year. Analysts expect that NVIDIA Corporation will post 9.30 EPS for the current fiscal year.

NVIDIA declared that its board has authorized a share repurchase plan on Monday, September 28th that allows the company to buy back $150 billion in outstanding shares. This buyback authorization allows the computer hardware maker to purchase up to 2.8% of its stock through open market purchases. Stock buyback plans are often a sign that the company's board of directors 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 0.5%. NVIDIA's dividend payout ratio is currently 12.64%.

NVIDIA News Summary

Here are the key news stories impacting NVIDIA this week:

• Positive Sentiment: SpaceX reportedly committed up to $40 billion in financing for NVIDIA’s Vera Rubin processors, with deliveries expected in 2027. SpaceX’s plans to build at least 10 gigawatts of computing capacity could create substantial long-term demand for NVIDIA hardware. Elon Musk and SpaceX Just Delivered Incredible News to Nvidia
• Positive Sentiment: Anthropic’s IPO filing highlighted approximately $224.5 billion in non-cancelable compute agreements with Amazon and Alphabet. The commitments reinforce expectations for sustained hyperscaler spending on NVIDIA GPUs and other AI infrastructure, despite Anthropic’s reported accounting-driven loss. Anthropic's IPO Filing Reveals a Massive Opportunity for AI Infrastructure Giants
• Positive Sentiment: Demand indicators remain strong: GPU rental prices have risen sharply, including for older chips, while NVIDIA is expanding beyond data centers through a self-driving partnership with Mercedes-Benz and an industrial AI collaboration with Honeywell and Dell. Nvidia Just Doubled Down on Self-Driving Cars With Mercedes
• Neutral Sentiment: Analyst sentiment remains overwhelmingly bullish, with reports citing a 98% buy-rating rate and continued confidence in NVIDIA’s triple-digit revenue growth. However, the shares remain below their 50-day moving average while trading above the 200-day average, reflecting both strong long-term momentum and near-term volatility.
• Negative Sentiment: Credit-market pressure could slow AI data-center construction and reduce GPU purchases by highly leveraged neocloud operators. Analysts also warn of infrastructure bottlenecks, while Broadcom’s custom AI chips and open Ethernet alternatives could gradually challenge NVIDIA’s ecosystem and InfiniBand position. Seaport Reiterates Sell Rating On Nvidia Stock Over Data Center Infrastructure Bottlenecks

About NVIDIA

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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