443,070 NVIDIA Corporation $NVDA Shares Acquired by EP Wealth Advisors LLC

Key Points

• EP Wealth Advisors increased its NVIDIA stake by 16.9% in the second quarter, acquiring 443,070 shares for a total position of 3.07 million shares valued at approximately $614.4 million. Institutional investors and hedge funds own 65.27% of NVIDIA.
• NVIDIA insiders sold roughly $399.5 million in stock over the past 90 days, including significant sales by Director Mark A. Stevens and CFO Colette Kress.
• NVIDIA continues to show strong operating momentum, with quarterly revenue rising 105.9% year over year and earnings exceeding estimates. Analysts maintain a consensus “Buy” rating with an average price target of $321.89, though elevated valuation, competition and legal scrutiny remain risks.

EP Wealth Advisors LLC increased its stake in NVIDIA Corporation (NASDAQ:NVDA - Free Report) by 16.9% during the second quarter, according to its most recent filing with the Securities & Exchange Commission. The fund owned 3,070,726 shares of the computer hardware maker's stock after acquiring an additional 443,070 shares during the quarter. NVIDIA makes up 2.3% of EP Wealth Advisors LLC's holdings, making the stock its 9th largest holding. EP Wealth Advisors LLC's holdings in NVIDIA were worth $614,422,000 as of its most recent filing with the Securities & Exchange Commission.

A number of other institutional investors and hedge funds also recently modified their holdings of NVDA. Lifetime Wealth Management P.C. acquired a new stake in NVIDIA during the 4th quarter worth about $26,000. Longview Financial Advisors Inc. acquired a new position in shares of NVIDIA in the first quarter worth about $27,000. Langley Wealth Management LLC purchased a new position in shares of NVIDIA in the second quarter worth approximately $34,000. Phillip James Consulting Co. acquired a new stake in shares of NVIDIA during the first quarter valued at approximately $40,000. Finally, Bard Associates Inc. raised its holdings in shares of NVIDIA by 8,866.7% during the second quarter. Bard Associates Inc. now owns 269 shares of the computer hardware maker's stock valued at $54,000 after acquiring an additional 266 shares during the period. 65.27% of the stock is owned by institutional investors and hedge funds.

Insider Buying and Selling at NVIDIA

In other news, Director Mark A. Stevens sold 622,239 shares of the firm's stock in a transaction on 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 transaction, the director owned 2,336,531 shares in the company, valued at approximately $541,187,310.22. This trade represents a 21.03% decrease in their position. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which can be accessed through this link. Also, CFO Colette Kress sold 34,918 shares of NVIDIA stock in a transaction 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 completion of the sale, the chief financial officer directly owned 765,103 shares of the company's stock, valued at approximately $167,595,812.15. The trade was a 4.36% decrease in their position. 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 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 insiders.

NVIDIA News Roundup

Here are the key news stories impacting NVIDIA this week:

• Positive Sentiment: AI demand indicators remain strong. Foxconn reported record quarterly revenue, helped by accelerating demand for NVIDIA-linked AI servers. Separately, AM Intelligence announced firm orders for 20,000 NVIDIA Rubin GPUs for deployments in India and Malaysia, providing additional evidence of international infrastructure expansion. Foxconn revenue report
• Positive Sentiment: Analysts see further upside. Recent commentary argues that rising earnings estimates, NVIDIA’s platform advantages and broadening demand from frontier AI labs, agentic AI and physical AI could extend the rally. One analyst suggested Wall Street may be underestimating growth over the next six to eight quarters. Zacks AI stock analysis
• Positive Sentiment: Strategic ecosystem investments are adding optionality. NVIDIA-backed startups Reflection AI and Lambda are advancing new AI models and cloud infrastructure, with Lambda reportedly seeking up to $4 billion ahead of a planned IPO. These developments could support future demand for NVIDIA computing products and strengthen its influence across the AI stack. Lambda funding report
• Neutral Sentiment: The $6 trillion valuation is now a near-term market milestone. NVIDIA’s market capitalization is approaching that level, and options traders reportedly see a meaningful chance of reaching it this month. The milestone may attract additional momentum buying, but it also raises expectations for execution and earnings. NVIDIA options report
• Negative Sentiment: Valuation and concentration risks are increasing. Some market strategists warn that mega-cap technology stocks may be overbought after their recent advances, while NVIDIA’s enormous market value leaves less room for disappointment if AI infrastructure spending slows.
• Negative Sentiment: Competition and legal scrutiny remain risks. Broadcom is expanding its custom AI accelerator business through an Anthropic-related financing arrangement, potentially challenging NVIDIA’s dominance. In addition, a lawsuit alleges NVIDIA’s $20 billion Groq transaction disadvantaged Groq shareholders, creating legal and reputational uncertainty. Groq lawsuit report

Wall Street Analyst Weigh In

A number of equities analysts recently commented on the stock. Weiss Ratings reaffirmed a "buy (b)" rating on shares of NVIDIA in a research note on Wednesday, July 8th. Cantor Fitzgerald restated an "overweight" rating and issued a $350.00 target price on shares of NVIDIA in a report on Thursday, October 1st. Mizuho set a $315.00 target price on NVIDIA and gave the stock an "outperform" rating in a research report on Thursday, August 27th. Deutsche Bank Aktiengesellschaft reiterated a "buy" rating on shares of NVIDIA in a report on Monday, August 31st. Finally, Rothschild & Co Redburn increased their price objective 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 given a Buy rating and one has assigned a Hold rating to the company's stock. Based on data from MarketBeat, the stock currently has a consensus rating of "Buy" and an average price target of $321.89.

NVIDIA Stock Performance

Shares of NASDAQ NVDA opened at $239.24 on Wednesday. The business's 50-day moving average price is $220.43 and its two-hundred day moving average price is $208.47. The company has a debt-to-equity ratio of 0.14, a current ratio of 4.59 and a quick ratio of 3.85. NVIDIA Corporation has a one year low of $164.27 and a one year high of $243.37. The company has a market capitalization of $5.77 trillion, a P/E ratio of 30.25, a price-to-earnings-growth ratio of 1.85 and a beta of 2.22.

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 analysts' consensus estimates of $2.09 by $0.13. The company had revenue of $96.22 billion during the quarter, compared to the consensus estimate of $92.27 billion. NVIDIA had a return on equity of 96.04% and a net margin of 63.66%.The business's quarterly revenue was up 105.9% on a year-over-year basis. During the same period last year, the business earned $1.05 EPS. Analysts anticipate that NVIDIA Corporation will post 9.25 earnings per share for the current fiscal year.

NVIDIA announced that its Board of Directors has authorized a share repurchase program on Monday, September 28th that authorizes the company to repurchase $150.00 billion in shares. This repurchase authorization authorizes the computer hardware maker to buy up to 2.8% of its shares through open market purchases. Shares repurchase programs are typically a sign that the company's board of directors believes its shares are undervalued.

NVIDIA Announces Dividend

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