Archford Capital Strategies LLC trimmed its position in shares of NVIDIA Corporation (NASDAQ:NVDA - Free Report) by 3.9% during the second quarter, according to its most recent disclosure with the Securities & Exchange Commission. The institutional investor owned 156,732 shares of the computer hardware maker's stock after selling 6,334 shares during the period. NVIDIA makes up approximately 3.2% of Archford Capital Strategies LLC's investment portfolio, making the stock its 7th largest position. Archford Capital Strategies LLC's holdings in NVIDIA were worth $31,361,000 at the end of the most recent reporting period.
Several other hedge funds have also recently bought and sold shares of NVDA. Cypress Capital LLC raised its position in NVIDIA by 4.5% in the second quarter. Cypress Capital LLC now owns 7,086 shares of the computer hardware maker's stock valued at $1,418,000 after purchasing an additional 308 shares during the last quarter. OFI Invest Asset Management increased its position in NVIDIA by 14.3% in the 2nd quarter. OFI Invest Asset Management now owns 3,809,430 shares of the computer hardware maker's stock valued at $762,229,000 after acquiring an additional 475,316 shares during the period. Rezny Wealth Management Inc. increased its position in NVIDIA by 10.8% in the 2nd quarter. Rezny Wealth Management Inc. now owns 18,400 shares of the computer hardware maker's stock valued at $3,682,000 after acquiring an additional 1,791 shares during the period. Old North State Wealth Management LLC raised its stake in shares of NVIDIA by 3.3% during the second quarter. Old North State Wealth Management LLC now owns 40,735 shares of the computer hardware maker's stock valued at $8,160,000 after acquiring an additional 1,285 shares during the last quarter. Finally, Aspen Investment Management Inc raised its stake in shares of NVIDIA by 3.2% during the second quarter. Aspen Investment Management Inc now owns 22,272 shares of the computer hardware maker's stock valued at $4,456,000 after acquiring an additional 682 shares during the last quarter. 65.27% of the stock is owned by institutional investors.
NVIDIA Stock Up 1.8%
Shares of NASDAQ:NVDA opened at $228.45 on Friday. NVIDIA Corporation has a 1 year low of $164.07 and a 1 year high of $236.54. 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 business's 50-day moving average is $209.85 and its 200-day moving average is $201.85. The company has a market capitalization of $5.51 trillion, a price-to-earnings ratio of 28.88, a P/E/G ratio of 1.76 and a beta of 2.22.
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, topping the consensus estimate of $2.09 by $0.13. The business had revenue of $96.22 billion during the quarter, compared to analysts' expectations of $92.27 billion. NVIDIA had a return on equity of 96.04% and a net margin of 63.66%.The firm's revenue was up 105.9% on a year-over-year basis. During the same quarter last year, the firm posted $1.05 earnings per share. Equities research analysts predict that NVIDIA Corporation will post 9.1 earnings per share for the current year.
NVIDIA Dividend Announcement
The business also recently disclosed a quarterly dividend, which will be paid on Thursday, October 1st. Stockholders of record on Thursday, September 10th will be given a dividend of $0.25 per share. The ex-dividend date of this dividend is Thursday, September 10th. This represents a $1.00 annualized dividend and a dividend yield of 0.4%. NVIDIA's dividend payout ratio (DPR) is 12.64%.
NVIDIA announced that its Board of Directors has approved a stock buyback plan on Wednesday, May 20th that permits the company to repurchase $80.00 billion in shares. This repurchase authorization permits the computer hardware maker to repurchase up to 1.5% of its stock through open market purchases. Stock repurchase plans are generally an indication that the company's board of directors believes its stock is undervalued.
Key Headlines Impacting NVIDIA
Here are the key news stories impacting NVIDIA this week:
- Positive Sentiment: Hugging Face acquisition: NVIDIA agreed to acquire open-source AI platform Hugging Face for approximately $12.93 billion. The deal could strengthen CUDA adoption, improve developer retention and give NVIDIA a larger role in AI model development and deployment beyond selling chips. Nvidia to buy Hugging Face for nearly $13 billion
- Positive Sentiment: Growth outlook remains strong: NVIDIA’s recent quarterly results exceeded expectations, with $96.22 billion in revenue and $2.22 in EPS. Management’s roughly 70% fiscal 2028 revenue-growth outlook was materially above consensus, reducing concerns that AI demand is rapidly decelerating. Nvidia: The Market Is Crazy Not To Push The Stock Higher
- Positive Sentiment: Customer spending validation: Dell Technologies’ stronger guidance and expanding AI-server demand reinforced NVIDIA’s view that enterprise and hyperscaler capital expenditures remain elevated. NVIDIA also announced that Lenovo and Acer will launch RTX Spark AI PCs in October, extending its reach into client computing. Nvidia sets October launch for RTX Spark AI PCs
- Positive Sentiment: Broader AI ecosystem exposure: Partnerships with Equinix and Together AI on enterprise inference, plus a reported $6 billion GPU deployment connected to humanoid-robotics company Figure, point to additional demand for NVIDIA’s platforms in inference and physical AI. Nvidia lands surprise $6B GPU windfall with Figure
- Neutral Sentiment: Strategic execution will be closely watched: The Hugging Face transaction is intended to preserve an open developer ecosystem, but NVIDIA must integrate the platform without undermining its neutrality or causing developers to migrate elsewhere. The acquisition also comes as cloud providers continue developing custom AI chips.
- Negative Sentiment: Margin pressure: Rising memory and networking costs are expected to weigh on gross margins, even though they reflect supply constraints and strong demand. Investors are monitoring whether NVIDIA can maintain profitability above 70%. Memory Costs Rise: Can NVIDIA Protect Its 70% Gross Margin?
- Negative Sentiment: Insider selling and policy risks: Executives and directors recently sold shares, including a Rule 10b5-1 sale by EVP Timothy Teter. Possible U.S. semiconductor tariffs and elevated interest rates remain additional risks to valuation and global supply chains.
Wall Street Analyst Weigh In
Several analysts recently weighed in on NVDA shares. China Renaissance boosted their price objective on shares of NVIDIA from $319.00 to $330.00 and gave the stock a "buy" rating in a research note on Monday. Craig Hallum raised their target price on NVIDIA from $245.00 to $275.00 and gave the stock a "buy" rating in a research report on Thursday, May 21st. Robert W. Baird set a $500.00 target price on NVIDIA and gave the stock an "outperform" rating in a report on Thursday, May 21st. KGI Securities upped their price target on NVIDIA from $335.00 to $345.00 in a research report on Thursday, August 27th. Finally, CICC Research increased their price target on NVIDIA from $240.60 to $268.30 and gave the company an "outperform" rating in a research note on Friday, May 22nd. Two analysts have rated the stock with a Strong Buy rating, fifty have assigned a Buy rating and three have assigned a Hold rating to the company's stock. Based on data from MarketBeat, the company has an average rating of "Moderate Buy" and an average target price of $324.23.
Get Our Latest Research Report on NVDA
Insider Activity at NVIDIA
In other news, Director Mark Stevens sold 63,501 shares of NVIDIA stock in a transaction on Tuesday, September 1st. The shares were sold at an average price of $220.06, for a total value of $13,974,030.06. Following the completion of the sale, the director owned 4,558,770 shares in the company, valued at $1,003,202,926.20. The trade was a 1.37% decrease in their position. The transaction was disclosed in a legal filing with the SEC, which is available through this link. Also, EVP Timothy S. Teter sold 30,000 shares of the business's stock in a transaction on 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 transaction, the executive vice president owned 2,687,660 shares in the company, valued at $585,587,360.80. The trade was a 1.10% decrease in their position. Additional details regarding this sale are available in the official SEC disclosure. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. In the last ninety days, insiders have sold 1,563,501 shares of company stock valued at $335,380,530. Insiders own 3.94% of the company's stock.
About NVIDIA
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Free Report)
NVIDIA Corporation, founded in 1993 and headquartered in Santa Clara, California, is a global technology company that designs and develops graphics processing units (GPUs) and system-on-chip (SoC) technologies. Co-founded by Jensen Huang, who serves as president and chief executive officer, along with Chris Malachowsky and Curtis Priem, NVIDIA has grown from a graphics-focused chipmaker into a broad provider of accelerated computing hardware and software for multiple industries.
The company's product portfolio spans discrete GPUs for gaming and professional visualization (marketed under the GeForce and NVIDIA RTX lines), high-performance data center accelerators used for AI training and inference (including widely adopted platforms such as the A100 and H100 series), and Tegra SoCs for automotive and edge applications.
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This instant news alert was generated by narrative science technology and financial data from MarketBeat in order to provide readers with the fastest reporting and unbiased coverage. Please send any questions or comments about this story to contact@marketbeat.com.
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