ACT Advisors LLC. Buys 3,860 Shares of NVIDIA Corporation $NVDA

Key Points

• ACT Advisors increased its NVIDIA position by 37.8%: The firm bought 3,860 shares during the second quarter, bringing its holdings to 14,059 shares worth approximately $2.8 million. Institutional investors collectively own 65.27% of NVIDIA.
• NVIDIA reported strong quarterly results: The company earned $2.22 per share versus the $2.09 consensus estimate and generated $96.22 billion in revenue, up 105.9% year over year. Its board also authorized an $80 billion share-buyback program.
• Analysts remain bullish, but insider selling is a risk: NVIDIA has a consensus “Buy” rating and an average price target of $324.34, while insiders sold roughly $571 million of stock over the past 90 days.

ACT Advisors LLC. boosted its position in shares of NVIDIA Corporation (NASDAQ:NVDA - Free Report) by 37.8% during the 2nd quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission. The institutional investor owned 14,059 shares of the computer hardware maker's stock after acquiring an additional 3,860 shares during the quarter. NVIDIA accounts for approximately 0.9% of ACT Advisors LLC.'s investment portfolio, making the stock its 13th biggest holding. ACT Advisors LLC.'s holdings in NVIDIA were worth $2,813,000 at the end of the most recent reporting period.

Other hedge funds and other institutional investors also recently modified their holdings of the company. Sightline Wealth Advisors LLC increased its stake in shares of NVIDIA by 3.9% during the 2nd quarter. Sightline Wealth Advisors LLC now owns 1,846 shares of the computer hardware maker's stock worth $369,000 after purchasing an additional 69 shares during the last quarter. Spartan Planning & Wealth Management lifted its stake in NVIDIA by 67.3% in the 2nd quarter. Spartan Planning & Wealth Management now owns 48,552 shares of the computer hardware maker's stock valued at $9,715,000 after purchasing an additional 19,532 shares during the last quarter. Duncan Williams Asset Management LLC grew its holdings in NVIDIA by 4.2% during the second quarter. Duncan Williams Asset Management LLC now owns 6,464 shares of the computer hardware maker's stock worth $1,293,000 after purchasing an additional 258 shares during the period. Citizens National Bank Trust Department grew its holdings in NVIDIA by 0.8% during the second quarter. Citizens National Bank Trust Department now owns 54,983 shares of the computer hardware maker's stock worth $11,002,000 after purchasing an additional 440 shares during the period. Finally, Synergy Asset Management LLC increased its position in NVIDIA by 14.7% during the second quarter. Synergy Asset Management LLC now owns 326,910 shares of the computer hardware maker's stock worth $65,411,000 after buying an additional 41,894 shares during the last quarter. Institutional investors own 65.27% of the company's stock.

NVIDIA Trading Down 0.0%

Shares of NVDA stock opened at $218.29 on Friday. The company has a current ratio of 4.59, a quick ratio of 3.85 and a debt-to-equity ratio of 0.14. The stock has a market cap of $5.26 trillion, a P/E ratio of 27.60, a price-to-earnings-growth ratio of 1.71 and a beta of 2.22. The stock has a 50 day simple moving average of $213.29 and a 200 day simple moving average of $203.33. NVIDIA Corporation has a 1 year low of $164.27 and a 1 year high of $236.54.

NVIDIA (NASDAQ:NVDA - Get Free Report) last released its earnings results 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 for the quarter, compared to analyst estimates of $92.27 billion. NVIDIA had a net margin of 63.66% and a return on equity of 96.04%. The business's quarterly revenue was up 105.9% compared to the same quarter last year. During the same period last year, the firm earned $1.05 EPS. On average, research analysts predict that NVIDIA Corporation will post 9.12 earnings per share for the current fiscal year.

NVIDIA announced that its Board of Directors has approved a share buyback plan on Wednesday, May 20th that allows the company to buyback $80.00 billion in shares. This buyback authorization allows the computer hardware maker to reacquire up to 1.5% of its stock through open market purchases. Stock buyback plans are generally a sign that the company's management believes its stock is undervalued.

NVIDIA Dividend Announcement

The company also recently announced a quarterly dividend, which will be paid on Thursday, October 1st. Investors of record on Thursday, September 10th will be issued a $0.25 dividend. The ex-dividend date is Thursday, September 10th. This represents a $1.00 annualized dividend and a yield of 0.5%. NVIDIA's payout ratio is presently 12.64%.

NVIDIA News Roundup

Here are the key news stories impacting NVIDIA this week:

• Positive Sentiment: Analyst upgrade and growth outlook: Piper Sandler upgraded NVIDIA to “strong buy,” while CEO Jensen Huang reiterated expectations for roughly 70% revenue growth next year and a potential $3 trillion–$4 trillion AI market by 2030. Erste Group also raised its FY2027 EPS estimate to $9.23 from $9.00. NVIDIA analyst upgrade Jensen Huang growth outlook
• Positive Sentiment: Evidence of sustained chip demand: TSMC reported August revenue growth of 53.3% year over year, signaling continued orders for AI accelerators and advanced packaging. The data supports NVIDIA’s view that hyperscaler and enterprise AI infrastructure spending remains strong. TSMC August revenue
• Positive Sentiment: Infrastructure expansion and partnerships: NVIDIA is working with Australian cloud and data-center companies on up to 2 gigawatts of AI-factory capacity by 2027. Its collaborations with Palantir on sovereign AI supply chains and d-Matrix on chip-linking technology further expand the CUDA-based ecosystem and potential future demand. NVIDIA Australia AI infrastructure d-Matrix partnership
• Neutral Sentiment: Valuation remains the central debate: Investors are weighing NVIDIA’s exceptional growth, profitability and AI leadership against a very high market capitalization and the possibility that optimistic forecasts are already reflected in the stock. Analysts continue to compare NVIDIA with Broadcom and AMD as custom silicon competition develops. NVIDIA valuation debate
• Negative Sentiment: Regulatory and sentiment risks: The Justice Department is reportedly examining NVIDIA’s licensing arrangement with Groq for possible antitrust concerns. In addition, insiders have reported substantial selling with no purchases in the past six months, while higher oil prices and Treasury yields have pressured high-growth technology shares. DOJ Groq investigation NVIDIA insider sales

Insiders Place Their Bets

In other news, EVP Timothy Teter sold 30,000 shares of NVIDIA stock in a transaction dated Monday, August 31st. The stock was sold at an average price of $217.88, for a total value of $6,536,400.00. Following the completion of the transaction, the executive vice president directly owned 2,687,660 shares of the company's stock, valued at approximately $585,587,360.80. This trade represents a 1.10% decrease in their position. The transaction was disclosed in a legal filing with the SEC, which is accessible through this link. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Also, Director Mark Stevens sold 622,239 shares of the company's stock in a transaction dated Friday, September 4th. The shares were sold at an average price of $231.62, for a total value of $144,122,997.18. Following the sale, the director owned 2,336,531 shares in the company, valued at approximately $541,187,310.22. The trade was a 21.03% decrease in their position. Additional details regarding this sale are available in the official SEC disclosure. Insiders have sold 2,585,740 shares of company stock worth $571,015,527 in the last ninety days. Insiders own 3.94% of the company's stock.

Analyst Upgrades and Downgrades

NVDA has been the topic of a number of research analyst reports. Daiwa Securities Group increased their price target on NVIDIA from $215.00 to $255.00 and gave the company an "outperform" rating in a research note on Friday, May 22nd. BMO Capital Markets set a $340.00 price objective on shares of NVIDIA and gave the stock an "outperform" rating in a research report on Thursday, August 20th. Truist Financial upped their price objective on shares of NVIDIA from $307.00 to $346.00 and gave the company a "buy" rating in a report on Thursday, August 27th. Needham & Company LLC reissued a "buy" rating and issued a $300.00 price objective on shares of NVIDIA in a research report on Friday, September 4th. Finally, Melius Research set a $420.00 target price on shares of NVIDIA in a research note on Thursday, August 27th. Three equities research analysts have rated the stock with a Strong Buy rating, fifty have issued a Buy rating and two have given a Hold rating to the stock. According to data from MarketBeat.com, the company presently has a consensus rating of "Buy" and an average price target of $324.34.

About NVIDIA

NVIDIA Corporation is a technology company that designs accelerated computing platforms, graphics processors and related software. Its products are used for artificial intelligence, machine learning, high-performance computing, computer graphics, data-center applications and other workloads that benefit from parallel processing.

The company's offerings include GeForce graphics processing units (GPUs) and software for gaming and personal computers; data-center GPUs, systems and networking products; and professional visualization solutions for design, engineering, media and scientific applications.

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