5,550 NVIDIA Corporation $NVDA Shares Bought by S.E.E.D. Planning Group LLC

Key Points

• S.E.E.D. Planning Group LLC increased its NVIDIA stake by 177.4% in the third quarter, acquiring 5,550 additional shares for a total of 8,678 shares valued at approximately $1.98 million. Institutional investors and hedge funds own 65.27% of NVIDIA.
• NVIDIA reported quarterly revenue of $96.22 billion, up 105.9% year over year, and earnings of $2.22 per share, exceeding analyst expectations. The company also authorized a $150 billion share-repurchase program.
• Analysts remain broadly bullish, with an average “Buy” rating and a $321.47 price target, though risks include DOJ scrutiny of the proposed Hugging Face acquisition, growing competition from Google’s custom AI chips, and potentially higher production costs from TSMC.

S.E.E.D. Planning Group LLC grew its holdings in NVIDIA Corporation (NASDAQ:NVDA - Free Report) by 177.4% in the third quarter, according to the company in its most recent Form 13F filing with the SEC. The firm owned 8,678 shares of the computer hardware maker's stock after acquiring an additional 5,550 shares during the quarter. S.E.E.D. Planning Group LLC's holdings in NVIDIA were worth $1,982,000 as of its most recent SEC filing.

Several other institutional investors and hedge funds have also modified their holdings of NVDA. Longview Financial Advisors Inc. bought a new stake in NVIDIA in the 1st quarter valued at about $27,000. Montgomery Financial Services LLC acquired a new position in shares of NVIDIA during the 2nd quarter worth approximately $28,000. Langley Wealth Management LLC bought a new position in shares of NVIDIA during the second quarter worth approximately $34,000. Phillip James Consulting Co. bought a new position in shares of NVIDIA during the first quarter worth approximately $40,000. Finally, Bard Associates Inc. increased 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 worth $54,000 after purchasing an additional 266 shares during the period. 65.27% of the stock is currently owned by institutional investors and hedge funds.

NVIDIA Stock Performance

NASDAQ NVDA opened at $215.38 on Thursday. The firm's 50 day simple moving average is $222.06 and its 200 day simple moving average is $204.00. The firm has a market capitalization of $5.19 trillion, a price-to-earnings ratio of 27.23, a P/E/G ratio of 1.62 and a beta of 2.22. The company has a current ratio of 4.59, a quick ratio of 3.85 and a debt-to-equity ratio of 0.14. NVIDIA Corporation has a 1 year low of $164.27 and a 1 year high of $243.37.

NVIDIA (NASDAQ:NVDA - Get Free Report) last announced its quarterly earnings data on Wednesday, August 26th. The computer hardware maker reported $2.22 EPS for the quarter, beating the consensus estimate 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 the consensus estimate of $92.27 billion. During the same period in the previous year, the business earned $1.05 earnings per share. The company's revenue was up 105.9% on a year-over-year basis. As a group, research analysts expect that NVIDIA Corporation will post 9.30 earnings per share for the current fiscal year.

NVIDIA declared that its board has approved a share buyback program on Monday, September 28th that authorizes the company to buy back $150 billion in shares. This repurchase authorization authorizes the computer hardware maker to reacquire up to 2.8% of its shares through open market purchases. Share repurchase programs are usually a sign that the company's leadership 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 issued a dividend of $0.25 per share. The ex-dividend date of this dividend was Thursday, September 10th. This represents a $1.00 dividend on an annualized basis and a dividend yield of 0.5%. NVIDIA's payout ratio is 12.64%.

Insider Buying and Selling

In other NVIDIA news, CFO Colette Kress sold 34,918 shares of the business's stock in a transaction dated 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 completion of the transaction, the chief financial officer 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 ownership of the stock. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which can be accessed through the SEC website. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Also, EVP Timothy Teter sold 30,460 shares of the company's stock in a transaction that occurred on Monday, September 21st. The stock was sold at an average price of $222.80, for a total transaction of $6,786,488.00. Following the transaction, 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. Insiders sold a total of 1,766,118 shares of company stock worth $399,450,353 in the last ninety days. 3.94% of the stock is owned by insiders.

Key NVIDIA News

Here are the key news stories impacting NVIDIA this week:

• Positive Sentiment: NVIDIA will invest $3 billion in Meta as the companies expand their partnership on Meta’s Muse AI models. Meta also plans to deploy more NVIDIA Vera Rubin systems, Vera CPUs, Spectrum-X networking, and BlueField-4 technology, reinforcing NVIDIA’s position as a core supplier for hyperscale AI infrastructure. Nvidia, Meta partner on Muse agent as Nvidia invests $3 billion
• Positive Sentiment: NVIDIA released Nemotron 3.5 Transcribe, an open-weight speech model supporting up to 40 languages, broadening its software and AI-model ecosystem beyond hardware. Nvidia releases new open transcription model
• Positive Sentiment: Investor commentary remains bullish on upcoming results, with expectations for triple-digit earnings growth and the possibility that NVIDIA could raise its existing growth outlook as supply constraints ease and major customers increase AI infrastructure spending. What to expect from NVIDIA’s next quarterly earnings report
• Neutral Sentiment: NVIDIA scheduled its third-quarter financial-results conference call for November 17. The event may become the next major catalyst, particularly for guidance on demand, supply, margins, and customer capital spending. NVIDIA sets conference call for third-quarter financial results
• Negative Sentiment: The U.S. Department of Justice is examining NVIDIA’s proposed $12.93 billion acquisition of Hugging Face, creating potential antitrust and deal-completion risk. US DOJ examines Nvidia’s Hugging Face acquisition
• Negative Sentiment: Google’s TPUs are gaining distribution through Oracle Cloud, while OpenAI is reportedly buying Google’s AI chips. Greater adoption of custom accelerators could pressure NVIDIA’s market share, pricing power, and dependence on hyperscaler spending. Google’s AI chip business is getting harder for Nvidia to ignore
• Negative Sentiment: Reported price increases from TSMC of 10%–20% for advanced packaging and 3%–6% for leading-edge wafers could raise NVIDIA’s production costs, although strong demand may allow some costs to be passed through. Taiwan Semiconductor flexes pricing power on AI’s frontline

Wall Street Analysts Forecast Growth

A number of research firms have recently weighed in on NVDA. Rothschild & Co Redburn lifted their price target on shares of NVIDIA from $300.00 to $325.00 in a research report on Thursday, August 27th. President Capital increased their price target on NVIDIA from $295.00 to $330.00 in a research report on Thursday, August 27th. The Goldman Sachs Group restated a "buy" rating on shares of NVIDIA in a research note on Wednesday, October 21st. Yorkville Ives assumed coverage on NVIDIA in a report on Tuesday, October 6th. They issued an "outperform" rating and a $300.00 price objective for the company. Finally, Deutsche Bank Aktiengesellschaft reaffirmed a "buy" rating on shares of NVIDIA in a report on Monday, August 31st. Five research analysts have rated the stock with a Strong Buy rating, forty-nine have assigned a Buy rating and one has assigned a Hold rating to the company. According to MarketBeat.com, the stock currently has an average rating of "Buy" and an average target price of $321.47.

NVIDIA Profile

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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