474,600 Shares in NVIDIA Corporation $NVDA Bought by Alberta Investment Management Corp

Key Points

• Alberta Investment Management Corp. acquired 474,600 NVIDIA shares worth approximately $95 million in the second quarter, making NVDA its 24th-largest holding and about 0.5% of its portfolio.
• NVIDIA reported strong quarterly results, with revenue up 105.9% year over year to $96.22 billion and earnings per share of $2.22, beating analyst estimates. The company also authorized a $150 billion share-repurchase program.
• Wall Street remains bullish, with NVIDIA holding an average “Buy” rating and a $324.14 price target, though investors should weigh its high valuation, insider share sales, export restrictions, competition and dependence on data-center demand.

Alberta Investment Management Corp acquired a new stake in NVIDIA Corporation (NASDAQ:NVDA - Free Report) in the second quarter, according to the company in its most recent disclosure with the SEC. The institutional investor acquired 474,600 shares of the computer hardware maker's stock, valued at approximately $94,963,000. NVIDIA makes up approximately 0.5% of Alberta Investment Management Corp's investment portfolio, making the stock its 24th largest position.

Several other institutional investors and hedge funds also recently made changes to their positions in NVDA. LightSquare Wealth Management LLC grew its stake in shares of NVIDIA by 0.3% during the second quarter. LightSquare Wealth Management LLC now owns 18,695 shares of the computer hardware maker's stock valued at $3,741,000 after buying an additional 49 shares during the last quarter. Defender Capital LLC. lifted its stake in shares of NVIDIA by 0.7% in the 2nd quarter. Defender Capital LLC. now owns 7,534 shares of the computer hardware maker's stock valued at $1,507,000 after acquiring an additional 50 shares during the last quarter. Kooman & Associates boosted its holdings in NVIDIA by 0.6% during the 2nd quarter. Kooman & Associates now owns 8,464 shares of the computer hardware maker's stock valued at $1,694,000 after acquiring an additional 50 shares during the period. Roof Eidam Maycock Peralta LLC boosted its holdings in NVIDIA by 0.3% during the 2nd quarter. Roof Eidam Maycock Peralta LLC now owns 18,827 shares of the computer hardware maker's stock valued at $3,767,000 after acquiring an additional 50 shares during the period. Finally, Persium Advisors LLC grew its position in NVIDIA by 3.5% during the 2nd quarter. Persium Advisors LLC now owns 1,466 shares of the computer hardware maker's stock worth $293,000 after acquiring an additional 50 shares during the last quarter. Institutional investors own 65.27% of the company's stock.

NVIDIA News Summary

Here are the key news stories impacting NVIDIA this week:

• Positive Sentiment: Record buyback signals confidence and may support earnings per share. NVIDIA authorized an additional $150 billion in share repurchases, bringing the remaining program to $235 billion through fiscal 2028—the largest increase in its history. The move highlights the company’s substantial cash generation and could reduce the share count over time. Nvidia adds $150 billion to existing share repurchase plan
• Positive Sentiment: Possible reopening of China demand provides an additional sales catalyst. Chinese officials reportedly asked ByteDance and Alibaba to outline potential purchases of NVIDIA’s RTX PRO 5500 processors, suggesting Beijing may permit selected companies to buy some NVIDIA chips despite U.S. export restrictions. Any approval would expand NVIDIA’s addressable market, although the policy remains unconfirmed. China weighs letting ByteDance and Alibaba buy new Nvidia chips
• Positive Sentiment: AI safety platform broadens NVIDIA’s software opportunity. The company launched its Open Agent Safety Platform, including tools that isolate AI agents, enforce access policies, monitor behavior, and shut down violations. The initiative addresses high-profile AI security incidents and could strengthen NVIDIA’s software ecosystem while encouraging safer enterprise adoption. Nvidia releases software platform to stop AI agents from misbehaving
• Positive Sentiment: Advanced packaging could increase future chip capacity. NVIDIA is reportedly exploring glass substrates to build larger packages with denser connections and more high-bandwidth memory. The technology could help address scaling constraints, though rising HBM prices make packaging economics increasingly important. Nvidia's Glass Packaging Push Could Reshape AI Chips
• Neutral Sentiment: Technical analysts see further upside but require a breakout. One forecast identifies $261.84–$265.30 as a potential target if NVDA clears approximately $234.76. This is market sentiment rather than a fundamental change and depends on continued momentum. NVIDIA Stock Forecast: Breakout Could Unlock $265 Target
• Negative Sentiment: Macro and valuation risks remain. Oil above $106 and Treasury yields above 5.20% pressured technology stocks, while NVIDIA’s multitrillion-dollar valuation leaves little room for execution or demand disappointments.
• Negative Sentiment: Competition and concentration could limit long-term returns. Hyperscalers and AI laboratories are developing proprietary chips, while most of NVIDIA’s revenue remains tied to data-center demand. Investors must also monitor energy costs, HBM prices, export controls, and whether AI spending ultimately produces sufficient returns.

NVIDIA Price Performance

Shares of NVIDIA stock opened at $228.86 on Tuesday. The business has a 50 day moving average of $217.03 and a 200 day moving average of $206.33. NVIDIA Corporation has a 52 week low of $164.27 and a 52 week high of $236.54. The company has a market cap of $5.52 trillion, a PE ratio of 28.93, a P/E/G ratio of 1.74 and a beta of 2.22. The company has a quick ratio of 3.85, a current ratio of 4.59 and a debt-to-equity ratio of 0.14.

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, beating the consensus estimate 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 net margin of 63.66% and a return on equity of 96.04%. The firm's revenue for the quarter was up 105.9% compared to the same quarter last year. During the same quarter in the previous year, the business posted $1.05 earnings per share. As a group, equities research analysts forecast that NVIDIA Corporation will post 9.25 earnings per share for the current year.

NVIDIA Dividend Announcement

The business also recently announced a quarterly dividend, which will be paid on Thursday, October 1st. Stockholders of record on Thursday, September 10th will be paid a dividend of $0.25 per share. The ex-dividend date of this dividend is Thursday, September 10th. This represents a $1.00 dividend on an annualized basis and a dividend yield of 0.4%. NVIDIA's payout ratio is presently 12.64%.

NVIDIA declared that its board has initiated a share repurchase program on Monday, September 28th that permits the company to repurchase $150.00 billion in shares. This repurchase authorization permits the computer hardware maker to reacquire up to 2.8% of its stock through open market purchases. Stock repurchase programs are typically an indication that the company's management believes its shares are undervalued.

Wall Street Analyst Weigh In

A number of brokerages have commented on NVDA. Deutsche Bank Aktiengesellschaft reaffirmed a "buy" rating on shares of NVIDIA in a research note on Monday, August 31st. Phillip Securities raised their target price on shares of NVIDIA from $285.00 to $300.00 and gave the stock a "buy" rating in a report on Monday, August 31st. JPMorgan Chase & Co. lifted their target price on shares of NVIDIA from $280.00 to $320.00 and gave the stock an "overweight" rating in a research note on Thursday, August 27th. Piper Sandler started coverage on shares of NVIDIA in a report on Wednesday, September 9th. They set an "overweight" rating and a $300.00 price target for the company. Finally, China Renaissance increased their price target on shares of NVIDIA from $319.00 to $330.00 and gave the company a "buy" rating in a research report on Monday, August 31st. Four equities research analysts have rated the stock with a Strong Buy rating, fifty have given a Buy rating and one has issued a Hold rating to the stock. Based on data from MarketBeat, NVIDIA currently has an average rating of "Buy" and an average price target of $324.14.

Insider Activity at NVIDIA

In other NVIDIA news, CFO Colette Kress sold 34,918 shares of the company'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 transaction of $7,648,787.90. Following the transaction, 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 transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is accessible through 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 that occurred on 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 completion of the transaction, the director directly owned 2,336,531 shares of the company's stock, valued at $541,187,310.22. This represents a 21.03% decrease in their position. The disclosure for this sale is available in the SEC filing. Insiders have sold 1,766,118 shares of company stock worth $399,450,353 over the last 90 days. 3.94% of the stock is owned by company insiders.

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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