Beckerman Institutional LLC Acquires New Stake in NVIDIA Corporation $NVDA

Key Points

• Beckerman Institutional LLC acquired 7,509 NVIDIA shares worth approximately $1.5 million, making NVIDIA about 0.7% of its portfolio. Institutional investors and hedge funds collectively own 65.27% of the company.
• NVIDIA exceeded quarterly expectations with $2.22 in earnings per share and $96.22 billion in revenue, up 105.9% year over year. The company also authorized a share-repurchase program allowing up to $150 billion in buybacks.
• Analysts maintained a broadly bullish outlook, with a consensus “Buy” rating and a $321.89 price target, although insiders sold approximately $399.5 million of stock over the past three months.

Beckerman Institutional LLC bought a new position in shares of NVIDIA Corporation (NASDAQ:NVDA - Free Report) during the 2nd quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The fund bought 7,509 shares of the computer hardware maker's stock, valued at approximately $1,503,000. NVIDIA makes up approximately 0.7% of Beckerman Institutional LLC's investment portfolio, making the stock its 23rd largest holding.

A number of other institutional investors have also recently added to or reduced their stakes in NVDA. Lifetime Wealth Management P.C. bought a new stake in shares of NVIDIA in the 4th quarter worth $26,000. Longview Financial Advisors Inc. acquired a new position in NVIDIA during the first quarter worth about $27,000. Langley Wealth Management LLC bought a new stake in NVIDIA in the second quarter worth about $34,000. Phillip James Consulting Co. acquired a new stake in NVIDIA in the 1st quarter valued at about $40,000. Finally, Frankly Finances LLC bought a new position in shares of NVIDIA during the 2nd quarter valued at about $60,000. 65.27% of the stock is currently owned by institutional investors and hedge funds.

NVIDIA Trading Up 2.1%

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

NVIDIA (NASDAQ:NVDA - Get Free Report) last issued 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%.NVIDIA's revenue was up 105.9% compared to the same quarter last year. During the same quarter last year, the firm posted $1.05 earnings per share. Equities analysts anticipate that NVIDIA Corporation will post 9.25 EPS for the current year.

NVIDIA Dividend Announcement

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

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

Analysts Set New Price Targets

Several equities analysts have recently issued reports on NVDA shares. Wedbush lifted their price objective on shares of NVIDIA from $330.00 to $345.00 and gave the stock an "outperform" rating in a research note on Thursday, August 27th. Zacks Research upgraded shares of NVIDIA from a "hold" rating to a "strong-buy" rating in a report on Monday, September 21st. Needham & Company LLC restated a "buy" rating and issued a $300.00 price target on shares of NVIDIA in a research report on Friday, September 4th. DZ Bank reaffirmed a "buy" rating on shares of NVIDIA in a report on Wednesday, August 26th. Finally, HSBC increased their price objective on NVIDIA from $360.00 to $365.00 in a research report on Thursday, August 27th. Four research analysts have rated the stock with a Strong Buy rating, fifty have issued a Buy rating and one has assigned a Hold rating to the company's stock. According to data from MarketBeat, the stock has a consensus rating of "Buy" and a consensus price target of $321.89.

Insider Activity at NVIDIA

In other news, Director Mark A. Stevens sold 622,239 shares of the company's stock in a transaction on 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 transaction, the director directly owned 2,336,531 shares of the company's stock, valued at approximately $541,187,310.22. This represents a 21.03% decrease in their ownership of the stock. The transaction was disclosed in a legal filing with the SEC, which can be accessed through this link. Also, EVP Timothy S. Teter sold 30,460 shares of the stock in a transaction on Monday, September 21st. The stock was sold at an average price of $222.80, for a total value of $6,786,488.00. Following the sale, the executive vice president owned 2,687,660 shares of the company's stock, valued at approximately $598,810,648. This represents a 1.12% decrease in their ownership of the stock. 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. Over the last three months, 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.

Key Stories Impacting 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

NVIDIA Company Profile

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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