8,869 NVIDIA Corporation $NVDA Shares Acquired by Pinnacle Wealth Management Advisory Group LLC

Key Points

• Pinnacle Wealth Management increased its NVIDIA stake by 5% in the second quarter, acquiring 8,869 shares and bringing its holdings to 186,833 shares valued at approximately $37.4 million.
• NVIDIA reported quarterly results above expectations, with EPS of $2.22 and revenue of $96.22 billion; revenue rose 105.9% year over year, supported by a 63.66% net margin.
• The company authorized a $150 billion share-repurchase program, while analysts remained broadly bullish: 54 analysts rated the stock Buy or Strong Buy, with an average price target of $321.47.

Pinnacle Wealth Management Advisory Group LLC grew its holdings in NVIDIA Corporation (NASDAQ:NVDA - Free Report) by 5.0% in the 2nd quarter, according to the company in its most recent 13F filing with the SEC. The institutional investor owned 186,833 shares of the computer hardware maker's stock after purchasing an additional 8,869 shares during the quarter. NVIDIA makes up 2.2% of Pinnacle Wealth Management Advisory Group LLC's portfolio, making the stock its 9th biggest position. Pinnacle Wealth Management Advisory Group LLC's holdings in NVIDIA were worth $37,383,000 as of its most recent SEC filing.

Several other hedge funds have also recently modified their holdings of NVDA. Longview Financial Advisors Inc. bought a new position in NVIDIA in the first quarter worth approximately $27,000. Montgomery Financial Services LLC purchased a new stake in NVIDIA during the second quarter worth $28,000. Langley Wealth Management LLC bought a new stake in NVIDIA during the 2nd quarter valued at $34,000. Phillip James Consulting Co. bought a new stake in NVIDIA during the 1st quarter valued at $40,000. Finally, Bard Associates Inc. boosted its position in NVIDIA by 8,866.7% during the 2nd quarter. Bard Associates Inc. now owns 269 shares of the computer hardware maker's stock valued at $54,000 after acquiring an additional 266 shares in the last quarter. Hedge funds and other institutional investors own 65.27% of the company's stock.

NVIDIA Price Performance

NASDAQ NVDA opened at $210.96 on Friday. The firm's fifty day simple moving average is $222.58 and its two-hundred day simple moving average is $212.56. 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 12-month low of $164.27 and a 12-month high of $243.37. The firm has a market capitalization of $5.08 trillion, a P/E ratio of 26.67, a P/E/G ratio of 1.62 and a beta of 2.22.

NVIDIA (NASDAQ:NVDA - Get Free Report) last issued 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. The firm had revenue of $96.22 billion during the quarter, compared to analyst estimates of $92.27 billion. NVIDIA had a return on equity of 96.04% and a net margin of 63.66%. The business's revenue for the quarter was up 105.9% compared to the same quarter last year. During the same quarter in the prior year, the business posted $1.05 EPS. Analysts forecast that NVIDIA Corporation will post 9.30 EPS for the current fiscal year.

NVIDIA declared that its Board of Directors has initiated a share buyback plan on Monday, September 28th that authorizes the company to buy back $150.00 billion in outstanding shares. This buyback authorization authorizes the computer hardware maker to repurchase up to 2.8% of its stock through open market purchases. Stock buyback plans are often an indication that the company's board of directors believes its shares are undervalued.

NVIDIA Dividend Announcement

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 was Thursday, September 10th. This represents a $1.00 dividend on an annualized basis and a yield of 0.5%. NVIDIA's dividend payout ratio (DPR) is 12.64%.

Insider Buying and Selling at NVIDIA

In other NVIDIA news, Director Mark Stevens sold 622,239 shares of the firm'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. This trade represents a 21.03% 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. Also, 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 value of $7,648,787.90. Following the sale, the chief financial officer owned 765,103 shares in the company, valued at $167,595,812.15. The trade was a 4.36% 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 ninety days, insiders sold 1,766,118 shares of company stock worth $399,450,353. 3.94% of the stock is owned by insiders.

Analysts Set New Price Targets

A number of research analysts have recently issued reports on NVDA shares. Wedbush lifted their price target on NVIDIA from $330.00 to $345.00 and gave the company an "outperform" rating in a report on Thursday, August 27th. KeyCorp restated an "overweight" rating and set a $330.00 price objective on shares of NVIDIA in a research note on Monday, August 24th. Raymond James Financial set a $515.00 price objective on NVIDIA and gave the company a "strong-buy" rating in a research report on Thursday, August 27th. The Goldman Sachs Group reiterated a "buy" rating on shares of NVIDIA in a research note on Wednesday. Finally, Stifel Nicolaus set a $315.00 target price on NVIDIA in a research note on Thursday, August 27th. Five 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's stock. According to data from MarketBeat, NVIDIA presently has an average rating of "Buy" and an average price target of $321.47.

Key NVIDIA News

Here are the key news stories impacting NVIDIA this week:

• Positive Sentiment: Several investment analyses remain bullish on NVIDIA’s long-term outlook. Its CUDA software ecosystem, scale, high margins and deep customer relationships are viewed as a stronger moat than competitors such as Broadcom and Lam Research. Some analysts believe the shares could still double over the next five to 10 years even if growth moderates. Prediction: Nvidia Will Outperform Broadcom Over the Next 5 Years
• Positive Sentiment: NVIDIA is broadening its opportunity beyond GPUs through CPUs, networking, AI factories, industrial AI, autonomous driving and quantum-computing interfaces. Partnerships involving Pony.ai, inDrive, Schneider Electric and HPE could support additional demand for its full-stack platform. Pony AI, NVIDIA Take Their Robotaxi Ambitions to a New Market
• Positive Sentiment: Erste Group modestly raised its fiscal 2027 and 2028 EPS forecasts, while other commentary highlights NVIDIA’s faster growth, stronger margins and relatively attractive valuation compared with some AI semiconductor peers. Brokers Suggest Investing in Nvidia
• Neutral Sentiment: Some analysts argue NVIDIA may become a relative “safe haven” within the AI trade because of its dependable earnings and dominant position, but this is an investor-rotation thesis rather than a new financial result or confirmed catalyst. Can Nvidia's Stock Become a Safe Haven?
• Negative Sentiment: Seaport Research reiterated a bearish view, citing mounting competition, strategic tension in NVIDIA’s business and substantial financial commitments tied to the AI buildout. This bearish call is the clearest company-specific pressure on the shares. Two Critical Nvidia Stock Flaws
• Negative Sentiment: The recent decline reflects broader concern that hyperscalers and neocloud operators may struggle to finance the hundreds of billions of dollars required for AI data centers. High borrowing costs, funding gaps and possible customer spending discipline are pressuring the entire AI trade, including NVIDIA. Why Nvidia Stock Is Down Over 4%?

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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