Alecta Tjanstepension Omsesidigt Increases Stock Holdings in NVIDIA Corporation $NVDA

Alecta Tjanstepension Omsesidigt grew its stake in shares of NVIDIA Corporation (NASDAQ:NVDA - Free Report) by 1.4% in the second quarter, according to its most recent disclosure with the Securities and Exchange Commission. The firm owned 9,841,100 shares of the computer hardware maker's stock after purchasing an additional 133,200 shares during the quarter. NVIDIA makes up approximately 8.3% of Alecta Tjanstepension Omsesidigt's investment portfolio, making the stock its largest position. Alecta Tjanstepension Omsesidigt's holdings in NVIDIA were worth $1,965,858,000 as of its most recent filing with the Securities and Exchange Commission.

A number of other hedge funds have also recently made changes to their positions in the stock. Lifetime Wealth Management P.C. purchased a new position in NVIDIA during the 4th quarter worth $26,000. Longview Financial Advisors Inc. purchased a new stake in shares of NVIDIA in the 1st quarter worth $27,000. Longfellow Investment Management Co. LLC lifted its holdings in shares of NVIDIA by 47.9% in the 2nd quarter. Longfellow Investment Management Co. LLC now owns 207 shares of the computer hardware maker's stock worth $33,000 after buying an additional 67 shares during the period. Phillip James Consulting Co. bought a new position in shares of NVIDIA during the 1st quarter worth $40,000. Finally, Inspire Investing LLC bought a new position in shares of NVIDIA during the 4th quarter worth $44,000. 65.27% of the stock is currently owned by institutional investors.

NVIDIA News Summary

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

NVIDIA Stock Performance

Shares of NVIDIA stock opened at $218.29 on Monday. The company has a debt-to-equity ratio of 0.14, a current ratio of 4.59 and a quick ratio of 3.85. The firm has a fifty day moving average price of $213.29 and a 200 day moving average price of $203.41. NVIDIA Corporation has a 1 year low of $164.27 and a 1 year high of $236.54. The stock has a market cap of $5.26 trillion, a PE ratio of 27.60, a price-to-earnings-growth ratio of 1.71 and a beta of 2.22.

NVIDIA (NASDAQ:NVDA - Get Free Report) last announced its quarterly earnings results on Wednesday, August 26th. The computer hardware maker reported $2.22 earnings per share for the quarter, beating the consensus estimate of $2.09 by $0.13. NVIDIA had a return on equity of 96.04% and a net margin of 63.66%.The firm had revenue of $96.22 billion during the quarter, compared to analyst estimates of $92.27 billion. During the same quarter in the previous year, the business earned $1.05 EPS. NVIDIA's revenue for the quarter was up 105.9% compared to the same quarter last year. Equities research analysts predict that NVIDIA Corporation will post 9.12 earnings per share for the current year.

NVIDIA Announces Dividend

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

NVIDIA announced that its Board of Directors has authorized a stock buyback program on Wednesday, May 20th that authorizes the company to buyback $80.00 billion in shares. This buyback authorization authorizes the computer hardware maker to repurchase up to 1.5% of its shares through open market purchases. Shares buyback programs are typically an indication that the company's board of directors believes its shares are undervalued.

Wall Street Analyst Weigh In

Several brokerages have recently weighed in on NVDA. Benchmark reaffirmed a "buy" rating and issued a $335.00 price target on shares of NVIDIA in a research report on Thursday, August 27th. New Street Research cut their price objective on shares of NVIDIA from $343.00 to $340.00 in a report on Thursday, May 21st. KeyCorp reissued an "overweight" rating and issued a $330.00 price objective on shares of NVIDIA in a research note on Monday, August 24th. Zacks Research lowered NVIDIA from a "strong-buy" rating to a "hold" rating in a report on Friday, August 21st. Finally, Piper Sandler initiated coverage on NVIDIA in a research report on Wednesday. They set an "overweight" rating and a $300.00 target price on the stock. Three analysts have rated the stock with a Strong Buy rating, fifty have assigned a Buy rating and two have given a Hold rating to the company's stock. According to data from MarketBeat, NVIDIA currently has an average rating of "Buy" and a consensus price target of $324.34.

Insider Activity

In other news, Director Mark Stevens sold 622,239 shares of NVIDIA stock in a transaction that occurred on Friday, September 4th. The shares were sold at an average price of $231.62, for a total transaction of $144,122,997.18. Following 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 filing with the Securities & Exchange Commission, which can be accessed through this link. Also, EVP Timothy Teter sold 30,000 shares of NVIDIA stock in a transaction dated Monday, August 31st. The shares were sold at an average price of $217.88, for a total transaction of $6,536,400.00. Following the sale, the executive vice president owned 2,687,660 shares of the company's stock, valued at approximately $585,587,360.80. This represents a 1.10% decrease in their ownership of the stock. 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 2,585,740 shares of company stock valued at $571,015,527. 3.94% of the stock is owned by company insiders.

NVIDIA Company Profile

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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