454,604 NVIDIA Corporation $NVDA Shares Sold by Danske Bank A S

Key Points

• Danske Bank reduced its NVIDIA position by 2.5%, selling 454,604 shares, but still held 17.99 million shares worth approximately $3.6 billion. NVIDIA remains the bank’s largest holding, representing 7.1% of its portfolio.
• NVIDIA reported strong quarterly results, with revenue up 105.9% year over year to $96.22 billion and EPS of $2.22, exceeding analyst expectations. The company also authorized an additional $150 billion share buyback, bringing total repurchase capacity to $235 billion through 2028.
• Analyst sentiment remains broadly positive, with a consensus “Buy” rating and an average price target of $324.14. However, investors continue to monitor risks including potential AI infrastructure overspending, financing concerns involving AI customers, China-based competition and hyperscaler capital-expenditure fatigue.

Danske Bank A S lowered its position in shares of NVIDIA Corporation (NASDAQ:NVDA - Free Report) by 2.5% during the second quarter, according to its most recent filing with the Securities & Exchange Commission. The fund owned 17,989,213 shares of the computer hardware maker's stock after selling 454,604 shares during the period. NVIDIA comprises about 7.1% of Danske Bank A S's portfolio, making the stock its biggest position. Danske Bank A S owned about 0.07% of NVIDIA worth $3,599,462,000 at the end of the most recent reporting period.

Other institutional investors and hedge funds have also bought and sold shares of the company. Bank of America Corp DE grew its holdings in shares of NVIDIA by 2.1% during the first quarter. Bank of America Corp DE now owns 191,200,989 shares of the computer hardware maker's stock worth $33,345,453,000 after purchasing an additional 4,019,505 shares during the last quarter. Invesco Ltd. raised its holdings in NVIDIA by 0.3% in the 4th quarter. Invesco Ltd. now owns 143,239,504 shares of the computer hardware maker's stock valued at $26,714,167,000 after buying an additional 446,178 shares during the last quarter. J. Stern & Co. LLP raised its holdings in NVIDIA by 13,709.1% in the 4th quarter. J. Stern & Co. LLP now owns 125,760,307 shares of the computer hardware maker's stock valued at $23,454,297,000 after buying an additional 124,849,603 shares during the last quarter. Amundi boosted its position in NVIDIA by 10.4% during the 1st quarter. Amundi now owns 133,768,018 shares of the computer hardware maker's stock worth $23,329,141,000 after buying an additional 12,575,177 shares during the period. Finally, Deutsche Bank AG grew its holdings in NVIDIA by 2.3% during the 2nd quarter. Deutsche Bank AG now owns 91,954,159 shares of the computer hardware maker's stock worth $18,399,108,000 after acquiring an additional 2,045,101 shares during the last quarter. Institutional investors and hedge funds own 65.27% of the company's stock.

Key Stories Impacting NVIDIA

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.

Insider Transactions at NVIDIA

In other NVIDIA news, Director Mark A. Stevens sold 622,239 shares of NVIDIA stock in a transaction dated Friday, September 4th. The stock was sold at an average price of $231.62, for a total transaction of $144,122,997.18. Following the completion of the transaction, the director owned 2,336,531 shares in the company, valued at approximately $541,187,310.22. The trade was a 21.03% decrease in their position. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is accessible through the SEC website. Also, CFO Colette Kress sold 34,918 shares of the business's stock in a transaction that occurred on Thursday, September 17th. The stock was sold at an average price of $219.05, for a total value of $7,648,787.90. Following the sale, the chief financial officer directly owned 765,103 shares of the company's stock, valued at $167,595,812.15. This represents a 4.36% decrease in their ownership of the stock. The disclosure for this sale is available in the SEC filing. 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 valued at $399,450,353 over the last three months. Corporate insiders own 3.94% of the company's stock.

Analyst Ratings Changes

Several equities analysts have issued reports on the stock. Wells Fargo & Company restated an "overweight" rating and issued a $315.00 price target on shares of NVIDIA in a research report on Tuesday, August 11th. KeyCorp reiterated an "overweight" rating and set a $330.00 price target on shares of NVIDIA in a report on Monday, August 24th. Cantor Fitzgerald reissued an "overweight" rating and issued a $350.00 price objective on shares of NVIDIA in a research note on Thursday. Evercore set a $465.00 price objective on NVIDIA and gave the company an "outperform" rating in a report on Thursday, August 27th. Finally, BMO Capital Markets set a $340.00 target price on NVIDIA and gave the stock an "outperform" rating in a research report on Thursday, August 20th. Four investment analysts have rated the stock with a Strong Buy rating, fifty have assigned a Buy rating and one has given a Hold rating to the company's stock. According to MarketBeat, the company has an average rating of "Buy" and a consensus price target of $324.14.

NVIDIA Price Performance

Shares of NVDA opened at $230.86 on Friday. NVIDIA Corporation has a 12-month low of $164.27 and a 12-month high of $236.54. The business's fifty day moving average is $218.20 and its 200 day moving average is $207.30. 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 cap of $5.56 trillion, a P/E ratio of 29.19, a P/E/G ratio of 1.76 and a beta of 2.22.

NVIDIA (NASDAQ:NVDA - Get Free Report) last announced its quarterly earnings results on Wednesday, August 26th. The computer hardware maker reported $2.22 EPS for the quarter, beating analysts' consensus estimates 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 quarter in the previous year, the business posted $1.05 EPS. NVIDIA's quarterly revenue was up 105.9% on a year-over-year basis. Sell-side 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 initiated a stock buyback program on Monday, September 28th that authorizes the company to buyback $150.00 billion in shares. This buyback authorization authorizes the computer hardware maker to reacquire up to 2.8% of its stock through open market purchases. Stock buyback programs are usually a sign that the company's management believes its stock is undervalued.

NVIDIA Announces Dividend

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

NVIDIA 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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