Alaska Wealth Advisors LLC Buys 2,226 Shares of NVIDIA Corporation $NVDA

Key Points

• Alaska Wealth Advisors increased its NVIDIA position by 21.5% in the second quarter, purchasing 2,226 shares for a total holding of 12,603 shares worth approximately $2.52 million. Institutional investors own 65.27% of NVIDIA.
• NVIDIA reported quarterly earnings and revenue above analyst expectations, with revenue up 105.9% year over year. Analysts maintain a consensus “Buy” rating and an average price target of $321.89.
• The company authorized a $150 billion share-repurchase plan, allowing it to buy back up to 2.8% of outstanding shares, while strong AI-server demand and new GPU orders continue to support its growth outlook.

Alaska Wealth Advisors LLC grew its position in shares of NVIDIA Corporation (NASDAQ:NVDA - Free Report) by 21.5% in the 2nd quarter, according to the company in its most recent 13F filing with the SEC. The fund owned 12,603 shares of the computer hardware maker's stock after purchasing an additional 2,226 shares during the quarter. NVIDIA comprises approximately 0.3% of Alaska Wealth Advisors LLC's investment portfolio, making the stock its 20th largest position. Alaska Wealth Advisors LLC's holdings in NVIDIA were worth $2,522,000 at the end of the most recent reporting period.

Other institutional investors also recently modified their holdings of the company. Lifetime Wealth Management P.C. purchased a new position in NVIDIA during the 4th quarter worth $26,000. Longview Financial Advisors Inc. bought a new position in shares of NVIDIA during the 1st quarter worth approximately $27,000. Langley Wealth Management LLC purchased a new position in shares of NVIDIA in the 2nd quarter worth approximately $34,000. Phillip James Consulting Co. purchased a new position in shares of NVIDIA in the 1st quarter worth approximately $40,000. Finally, Frankly Finances LLC bought a new position in shares of NVIDIA in the second quarter valued at approximately $60,000. 65.27% of the stock is owned by institutional investors.

Trending Headlines about NVIDIA

Here are the key news stories impacting NVIDIA this week:

• Positive Sentiment: Strong supplier data reinforced AI demand. Foxconn reported its strongest-ever monthly revenue, helped by accelerating demand for AI servers that use NVIDIA systems. The report gave investors a near-term signal that hyperscaler and data-center spending remains robust. Why is Nvidia stock rising today?
• Positive Sentiment: Large Rubin GPU orders highlighted future growth. AM Intelligence announced firm orders for 20,000 NVIDIA Rubin GPUs for AI factories in India and Malaysia, supporting expectations for continued demand as customers expand beyond current-generation systems. AM Intelligence Expands NVIDIA Vera Rubin AI Factory Buildout
• Positive Sentiment: Analysts and technical signals remained bullish. Coverage pointed to NVIDIA’s central role in frontier AI, robotics and physical AI, while some analysts argued that its forward valuation remains reasonable relative to projected earnings growth. NVIDIA also led IBD’s list of top-performing stocks. The case for Nvidia's stock to march even higher
• Positive Sentiment: Capital-return and ecosystem catalysts added support. NVIDIA’s total share-buyback authorization was reported at $235 billion, and investments in AI startups such as Reflection AI could strengthen its software and developer ecosystem. AI stocks announce major buybacks

Analysts Set New Price Targets

Several research firms have weighed in on NVDA. Deutsche Bank Aktiengesellschaft reissued a "buy" rating on shares of NVIDIA in a research report on Monday, August 31st. Rothschild & Co Redburn lifted their target price on NVIDIA from $300.00 to $325.00 in a research note on Thursday, August 27th. Morgan Stanley set a $230.00 price target on shares of NVIDIA in a report on Friday. Wells Fargo & Company set a $210.00 price target on shares of NVIDIA in a research report on Friday. Finally, Daiwa Securities Group decreased their price objective on shares of NVIDIA from $255.00 to $245.00 and set an "outperform" rating for the company in a report on Thursday, September 17th. Four equities research analysts have rated the stock with a Strong Buy rating, fifty have assigned a Buy rating and one has assigned a Hold rating to the company's stock. Based on data from MarketBeat, NVIDIA has a consensus rating of "Buy" and an average price target of $321.89.

NVIDIA Price Performance

NASDAQ NVDA opened at $238.90 on Tuesday. The company has a quick ratio of 3.85, a current ratio of 4.59 and a debt-to-equity ratio of 0.14. The company has a market cap of $5.76 trillion, a PE ratio of 30.20, a price-to-earnings-growth ratio of 1.81 and a beta of 2.22. NVIDIA Corporation has a 52 week low of $164.27 and a 52 week high of $240.10. The firm's 50-day simple moving average is $219.59 and its two-hundred day simple moving average is $208.05.

NVIDIA (NASDAQ:NVDA - Get Free Report) last posted its earnings results on Wednesday, August 26th. The computer hardware maker reported $2.22 earnings per share for the quarter, topping the consensus estimate of $2.09 by $0.13. The firm had revenue of $96.22 billion during the quarter, compared to the consensus estimate of $92.27 billion. NVIDIA had a net margin of 63.66% and a return on equity of 96.04%. The company's revenue was up 105.9% on a year-over-year basis. During the same quarter last year, the company earned $1.05 earnings per share. Research analysts predict that NVIDIA Corporation will post 9.25 earnings per share for the current year.

NVIDIA Announces Dividend

The business also recently disclosed a quarterly dividend, which was paid on Thursday, October 1st. Investors of record on Thursday, September 10th were paid a dividend of $0.25 per share. This represents a $1.00 dividend on an annualized basis and a dividend yield of 0.4%. The ex-dividend date was Thursday, September 10th. NVIDIA's payout ratio is presently 12.64%.

NVIDIA declared that its board has approved a share repurchase plan on Monday, September 28th that permits the company to buyback $150.00 billion in shares. This buyback authorization permits the computer hardware maker to repurchase up to 2.8% of its stock through open market purchases. Stock buyback plans are generally a sign that the company's board of directors believes its shares are undervalued.

Insider Buying and Selling

In other news, CFO Colette Kress sold 34,918 shares of the company'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 sale, the chief financial officer directly owned 765,103 shares in the company, valued at $167,595,812.15. This represents a 4.36% decrease in their ownership of the stock. The sale was disclosed in a filing with the SEC, which is available at this link. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Also, Director Mark A. Stevens sold 622,239 shares of the stock in a transaction dated 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 sale, the director directly owned 2,336,531 shares in the company, valued at approximately $541,187,310.22. The trade was a 21.03% decrease in their ownership of the stock. The SEC filing for this sale provides additional information. In the last quarter, insiders have sold 1,766,118 shares of company stock valued at $399,450,353. Corporate insiders own 3.94% of the company's stock.

About NVIDIA

NVIDIA Corporation is a technology company that designs accelerated computing platforms, graphics processing units (GPUs), central processing units (CPUs), networking products and related software. Its technologies are used in artificial intelligence, data centers, scientific and technical computing, gaming, professional visualization, automotive systems and robotics.

The company's products include GeForce GPUs and gaming software, data center computing platforms, networking solutions, and enterprise software for AI development and deployment.

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