843,227 NVIDIA Corporation $NVDA Shares Purchased by NEOS Investment Management LLC

Key Points

• NEOS Investment Management increased its NVIDIA position by 10.1%, purchasing 843,227 shares to reach 9.21 million shares valued at approximately $1.84 billion. NVIDIA now represents 6.9% of NEOS’s portfolio and is its largest holding.
• NVIDIA reported quarterly revenue of $96.22 billion and adjusted EPS of $2.22, exceeding analyst expectations, with revenue up 105.9% year over year. The company also authorized a $150 billion share-repurchase plan and declared a $0.25 quarterly dividend.
• Analyst sentiment remains strongly positive, with an average “Buy” rating and a $321.89 price target, although recent insider selling and concerns about AI financing, slowing growth expectations, and potential customer-developed chips present risks.

NEOS Investment Management LLC increased its position in NVIDIA Corporation (NASDAQ:NVDA - Free Report) by 10.1% in the second quarter, according to its most recent disclosure with the Securities and Exchange Commission. The firm owned 9,211,357 shares of the computer hardware maker's stock after acquiring an additional 843,227 shares during the quarter. NVIDIA comprises about 6.9% of NEOS Investment Management LLC's holdings, making the stock its biggest holding. NEOS Investment Management LLC's holdings in NVIDIA were worth $1,843,100,000 at the end of the most recent reporting period.

A number of other large investors also recently modified their holdings of NVDA. Lifetime Wealth Management P.C. bought a new position in NVIDIA in the 4th quarter valued at $26,000. Longview Financial Advisors Inc. purchased a new position in shares of NVIDIA during the 1st quarter valued at $27,000. Phillip James Consulting Co. purchased a new position in shares of NVIDIA during the 1st quarter valued at $40,000. Bard Associates Inc. increased its holdings in shares of NVIDIA by 8,866.7% in 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. Finally, Frankly Finances LLC bought a new position in shares of NVIDIA in the second quarter worth $60,000. 65.27% of the stock is currently owned by institutional investors.

NVIDIA Stock Performance

NVDA stock opened at $214.13 on Monday. The company has a market capitalization of $5.16 trillion, a PE ratio of 27.07, a price-to-earnings-growth ratio of 1.65 and a beta of 2.22. The company has a debt-to-equity ratio of 0.14, a quick ratio of 3.85 and a current ratio of 4.59. NVIDIA Corporation has a one year low of $164.27 and a one year high of $243.37. The company's 50 day moving average price is $223.20 and its two-hundred day moving average price is $211.42.

NVIDIA (NASDAQ:NVDA - Get Free Report) last announced its quarterly earnings data on Wednesday, August 26th. The computer hardware maker reported $2.22 earnings per share (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 company had revenue of $96.22 billion during the quarter, compared to analysts' expectations of $92.27 billion. During the same quarter in the prior year, the company earned $1.05 EPS. The firm's revenue was up 105.9% on a year-over-year basis. As a group, analysts predict that NVIDIA Corporation will post 9.30 earnings per share for the current fiscal year.

NVIDIA announced that its board has authorized a share repurchase plan on Monday, September 28th that authorizes the company to repurchase $150.00 billion in outstanding shares. This buyback authorization authorizes the computer hardware maker to reacquire up to 2.8% of its shares through open market purchases. Share buyback plans are generally an indication that the company's board believes its shares are undervalued.

NVIDIA Announces Dividend

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

Insider Activity

In other news, Director Mark A. Stevens sold 622,239 shares of the business's stock in a transaction dated 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 sale, the director owned 2,336,531 shares of the company's stock, valued at approximately $541,187,310.22. The trade was a 21.03% decrease in their position. The transaction was disclosed in a legal filing with the SEC, which is accessible through this link. Also, EVP Timothy S. Teter sold 30,460 shares of the stock in a transaction dated Monday, September 21st. The shares were sold at an average price of $222.80, for a total value of $6,786,488.00. Following the sale, the executive vice president owned 2,687,660 shares of the company's stock, valued at $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. Over the last three months, 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.

Wall Street Analyst Weigh In

NVDA has been the topic of a number of recent analyst reports. UBS Group reiterated a "buy" rating on shares of NVIDIA in a research report on Friday, October 9th. Zacks Research upgraded NVIDIA from a "hold" rating to a "strong-buy" rating in a research report on Monday, September 21st. KGI Securities upped their target price on NVIDIA from $335.00 to $345.00 in a research note on Thursday, August 27th. Piper Sandler assumed coverage on NVIDIA in a research note on Wednesday, September 9th. They issued an "overweight" rating and a $300.00 target price on the stock. Finally, JPMorgan Chase & Co. lifted their price target on NVIDIA from $280.00 to $320.00 and gave the company an "overweight" rating in a research report on Thursday, August 27th. Five research analysts have rated the stock with a Strong Buy rating, forty-nine have given a Buy rating and one has issued a Hold rating to the company. Based on data from MarketBeat.com, the stock currently has an average rating of "Buy" and an average price target of $321.89.

NVIDIA News Roundup

Here are the key news stories impacting NVIDIA this week:

• Positive Sentiment: New RTX Spark laptops expand NVIDIA’s addressable market. Systems from ASUS, Dell, HP, Lenovo, Microsoft and MSI are now available starting at $2,599, combining Blackwell graphics, up to 128GB of memory and local AI capabilities. The launch could create a new consumer and developer revenue stream beyond data centers. NVIDIA RTX Spark PCs Available Today
• Positive Sentiment: Automotive and enterprise adoption continues. Volvo expanded its partnership with NVIDIA for automated-driving systems, while Adobe is integrating NVIDIA technology across Photoshop, Premiere and other creative tools. These agreements support longer-term demand for NVIDIA hardware and software. Volvo Cars expands automated driving partnership
• Positive Sentiment: Supply-chain investment and customer deployments remain strong. Taiwan is reportedly considering as much as $4 billion for Texas industrial parks serving NVIDIA suppliers, and customers continue deploying Blackwell systems. The developments reinforce demand, although they may take time to affect revenue. Taiwan Texas industrial parks
• Neutral Sentiment: NVIDIA is broadening its software and AI-model ecosystem. Paid offerings such as AI Enterprise and Mission Control, along with Nemotron open models and partnerships with AI startups, could make earnings less dependent on hardware. However, the articles provide no near-term financial contribution.
• Negative Sentiment: AI financing concerns are the main pressure. CoreWeave’s debt has reportedly traded at distressed yields, raising questions about whether highly leveraged customers can continue funding data-center expansion. Higher Treasury yields and inflation concerns are also making large AI projects more expensive. CoreWeave financing worries
• Negative Sentiment: Investors are questioning AI growth expectations. OpenAI’s reported $50 billion revenue run rate was below the roughly $68 billion previously anticipated, prompting concern that AI demand may mature more slowly. Microsoft’s development of custom Maia chips also highlights the risk of customers developing alternatives to NVIDIA GPUs. OpenAI revenue expectations
• Negative Sentiment: Reported insider selling adds a sentiment overhang. Recent data showed NVIDIA insiders made numerous sales and no open-market purchases over the past six months, though such transactions may reflect planned diversification rather than a change in business outlook.

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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