7,519 NVIDIA Corporation $NVDA Shares Purchased by Copeland Capital Management LLC

Key Points

• Copeland Capital Management increased its NVIDIA stake by 6%, buying 7,519 shares in the third quarter to hold 133,027 shares valued at about $30.4 million.
• Other institutional investors also adjusted or expanded their positions; hedge funds and institutions collectively own 65.27% of NVIDIA shares.
• NVIDIA’s latest quarterly results beat analyst expectations for earnings and revenue, while shares were reported down 3.2%. The company also approved a $150 billion share-repurchase program and pays a quarterly dividend.

Copeland Capital Management LLC lifted its stake in NVIDIA Corporation (NASDAQ:NVDA - Free Report) by 6.0% in the 3rd quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The institutional investor owned 133,027 shares of the computer hardware maker's stock after purchasing an additional 7,519 shares during the period. Copeland Capital Management LLC's holdings in NVIDIA were worth $30,381,000 at the end of the most recent reporting period.

Several other hedge funds and other institutional investors have also recently modified their holdings of NVDA. BigSur Wealth Management LLC grew its position in shares of NVIDIA by 3.4% during the third quarter. BigSur Wealth Management LLC now owns 82,231 shares of the computer hardware maker's stock worth $18,800,000 after purchasing an additional 2,700 shares in the last quarter. Foster Group Inc. grew its holdings in NVIDIA by 6.2% during the 3rd quarter. Foster Group Inc. now owns 47,819 shares of the computer hardware maker's stock valued at $10,921,000 after buying an additional 2,787 shares in the last quarter. Ulrich Consultants & Investment Group LLC bought a new stake in shares of NVIDIA during the third quarter valued at approximately $272,000. Krilogy Financial LLC raised its position in shares of NVIDIA by 1.7% during the third quarter. Krilogy Financial LLC now owns 283,467 shares of the computer hardware maker's stock valued at $64,154,000 after buying an additional 4,743 shares during the last quarter. Finally, Walker Asset Management LLC raised its position in shares of NVIDIA by 3.3% during the third quarter. Walker Asset Management LLC now owns 34,762 shares of the computer hardware maker's stock valued at $7,939,000 after buying an additional 1,101 shares during the last quarter. 65.27% of the stock is currently owned by hedge funds and other institutional investors.

Key NVIDIA News

Here are the key news stories impacting NVIDIA this week:

• Positive Sentiment: Underlying AI infrastructure demand remains a support: one report cited resilient demand and tight TSMC manufacturing capacity, while NVIDIA’s OpenShell integration with ModelOp adds another enterprise AI governance use case. Article: What Is Going On With Nvidia Stock on Wednesday? Article: ModelOp Unveils Industry-First Full-Stack AI Policy Enforcement With NVIDIA OpenShell
• Neutral Sentiment: NVIDIA’s reported guidance of $108 billion sets a high bar for upcoming revenue expectations, making the next results and outlook an important test of whether demand can continue to meet investor expectations. Article: Nvidia Stocks Decline 1.35% as $108 Billion Guide Sets the Next Revenue Hurdle
• Negative Sentiment: Democratic midterm victories sparked concerns that data-center projects could face slower approvals or higher costs, weighing on semiconductor shares even as broader markets rallied. Article: Why is Nvidia stock falling while broader markets rally on Democratic midterm win?
• Negative Sentiment: NVIDIA has reportedly told cloud partners to generate at least 51% of sales from non-Chinese customers. The move responds to U.S. export rules but could constrain business with Chinese customers and complicate operations for some providers. Article: Nvidia Is Telling Cloud Clients to Sell at Least 51% to Non-Chinese Customers
• Negative Sentiment: Melius Research reportedly cut its price target, and shares slipped below their 200-day moving average—adding to near-term caution amid broader chip-sector weakness. Article: NVIDIA Stock Price Target Cut by Melius Research Article: NVIDIA Share Price Crosses Below 200 Day Moving Average Following Analyst Downgrade

NVIDIA Trading Down 3.2%

Shares of NVDA opened at $200.13 on Thursday. The company's fifty day simple moving average is $221.19 and its 200-day simple moving average is $204.51. The company has a market cap of $4.82 trillion, a P/E ratio of 25.30, a P/E/G ratio of 1.59 and a beta of 2.21. 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 twelve month low of $164.27 and a twelve month high of $243.37.

NVIDIA (NASDAQ:NVDA - Get Free Report) last released its quarterly earnings results on Wednesday, August 26th. The computer hardware maker reported $2.22 EPS for the quarter, topping analysts' consensus estimates of $2.09 by $0.13. The firm had revenue of $96.22 billion during 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 period in the previous year, the company earned $1.05 EPS. As a group, analysts expect that NVIDIA Corporation will post 9.30 EPS for the current year.

NVIDIA Announces Dividend

The firm also recently announced a quarterly dividend, which was paid on Thursday, October 1st. Shareholders of record on Thursday, September 10th were given a dividend of $0.25 per share. This represents a $1.00 annualized dividend and a dividend yield of 0.5%. The ex-dividend date was Thursday, September 10th. NVIDIA's payout ratio is 12.64%.

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 buy up to 2.8% of its shares through open market purchases. Stock repurchase programs are often an indication that the company's board believes its stock is undervalued.

Analysts Set New Price Targets

A number of brokerages recently weighed in on NVDA. The Goldman Sachs Group restated a "buy" rating on shares of NVIDIA in a research report on Wednesday, October 21st. Truist Financial boosted their price target on shares of NVIDIA from $307.00 to $346.00 and gave the stock a "buy" rating in a research note on Thursday, August 27th. BNP Paribas Exane restated an "outperform" rating and set a $345.00 price objective on shares of NVIDIA in a research report on Monday, October 5th. Needham & Company LLC restated a "buy" rating and set a $300.00 price objective on shares of NVIDIA in a research report on Wednesday, October 21st. Finally, KeyCorp reiterated an "overweight" rating and issued a $330.00 target price on shares of NVIDIA in a research report on Monday, August 24th. Five investment analysts have rated the stock with a Strong Buy rating, forty-eight have given a Buy rating and one has given a Hold rating to the company's stock. According to data from MarketBeat, the stock has an average rating of "Buy" and an average price target of $318.85.

Insider Activity

In related news, Director Mark A. Stevens sold 622,239 shares of the business's stock in a transaction on 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 $541,187,310.22. The trade was a 21.03% decrease in their position. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is available through this hyperlink. Also, EVP Timothy S. Teter sold 30,460 shares of the stock in a transaction on Monday, September 21st. The stock was sold at an average price of $222.80, for a total value 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. The trade was a 1.12% decrease in their position. The disclosure for this sale is available in the SEC filing. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Over the last 90 days, insiders have sold 1,766,118 shares of company stock valued at $399,450,353. 3.94% of the stock is currently owned by insiders.

NVIDIA Company 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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