Benjamin Edwards Inc. Has $169.90 Million Stake in NVIDIA Corporation $NVDA

Benjamin Edwards Inc. increased its position in shares of NVIDIA Corporation (NASDAQ:NVDA - Free Report) by 32.7% in the 2nd quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission. The fund owned 849,108 shares of the computer hardware maker's stock after purchasing an additional 209,467 shares during the period. NVIDIA makes up about 1.5% of Benjamin Edwards Inc.'s portfolio, making the stock its 11th biggest holding. Benjamin Edwards Inc.'s holdings in NVIDIA were worth $169,896,000 at the end of the most recent reporting period.

Other institutional investors have also added to or reduced their stakes in the company. Boyd Wealth Management LLC grew its holdings in shares of NVIDIA by 273.4% during the second quarter. Boyd Wealth Management LLC now owns 9,145 shares of the computer hardware maker's stock worth $1,830,000 after purchasing an additional 6,696 shares during the last quarter. Altshuler Shaham Ltd increased its stake in shares of NVIDIA by 6,451.9% in the first quarter. Altshuler Shaham Ltd now owns 637,236 shares of the computer hardware maker's stock valued at $111,134,000 after buying an additional 627,510 shares during the period. ASR Vermogensbeheer N.V. raised its holdings in NVIDIA by 1.8% in the 4th quarter. ASR Vermogensbeheer N.V. now owns 3,169,377 shares of the computer hardware maker's stock valued at $591,086,000 after buying an additional 54,877 shares during the last quarter. Storen Legacy Partners LLC bought a new position in NVIDIA in the 4th quarter valued at approximately $1,350,000. Finally, Baker Tilly Wealth Management LLC boosted its position in NVIDIA by 7.4% during the 2nd quarter. Baker Tilly Wealth Management LLC now owns 71,898 shares of the computer hardware maker's stock worth $14,386,000 after buying an additional 4,958 shares during the period. 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: Management continues to defend AI spending. CEO Jensen Huang said the AI spending “flywheel” is accelerating and argued that companies, rather than new regulations, should manage AI safety. Meta CEO Mark Zuckerberg broadly supported that view, easing fears that safety concerns could trigger a development pause. NVIDIA CEO Says AI Spending Flywheel Is Really, Really Flying
• Positive Sentiment: Rubin demand is reinforcing the infrastructure story. CoreWeave brought a multi-rack NVIDIA Vera Rubin NVL72 cluster online, connecting hundreds of GPUs for large-scale training and inference. The deployment supports expectations for continued demand beyond Blackwell systems. CoreWeave Stock Gains as Nvidia Rubin Cluster Boosts AI Cloud Capacity
• Positive Sentiment: NVIDIA is expanding beyond GPUs. An energy alliance with Google and Emerald AI aims to make data centers flexible electricity customers, potentially reducing grid constraints that could otherwise limit AI capacity. NVIDIA is also supplying networking and software for Apple’s potential future AI servers. Nvidia and Google Launch Energy Alliance to Prevent AI Grid Overload
• Positive Sentiment: Quantum-computing research adds a longer-term catalyst. NVIDIA’s H200 GPU, CUDA-Q platform and cuQuantum software helped researchers reduce quantum-circuit compilation from minutes to roughly 28 seconds in larger tests, strengthening its position as an infrastructure provider for hybrid computing. IonQ and NVIDIA Just Cracked a Major Quantum Computing Bottleneck
• Neutral Sentiment: Strategic expansion could improve future monetization. Reports describe NVIDIA’s $12.9 billion acquisition of Hugging Face as a way to extend its ecosystem into AI software and models, although the deal may be expensive relative to current revenue and is unlikely to materially affect near-term results. Forget Nvidia’s Chips: Hugging Face Is the Real Reason to Own This Stock Now
• Negative Sentiment: Competition and customer bargaining power remain risks. OpenAI says it has more alternatives to NVIDIA, while AMD is pursuing large-scale chip deployments with major AI developers. Greater supplier choice could pressure NVIDIA’s pricing and market share over time. OpenAI’s CFO Just Explained Why Nvidia Is No Longer the Only Option
• Negative Sentiment: AI slowdown fears have not disappeared. Bearish investor Michael Burry continues to warn of a potential sharp decline in AI-linked stocks, while reports of insider selling and elevated valuation could encourage profit-taking if infrastructure spending moderates. Michael Burry Predicts a Possible 1987-Style Drop

Analyst Upgrades and Downgrades

Several equities analysts have issued reports on NVDA shares. Oppenheimer set a $315.00 price target on shares of NVIDIA and gave the company an "outperform" rating in a research report on Thursday, August 27th. Wells Fargo & Company reiterated an "overweight" rating and set a $315.00 price target on shares of NVIDIA in a report on Tuesday, August 11th. Mizuho set a $315.00 price objective on shares of NVIDIA and gave the stock an "outperform" rating in a research note on Thursday, August 27th. KeyCorp reaffirmed an "overweight" rating and set a $330.00 target price on shares of NVIDIA in a research report on Monday, August 24th. Finally, China Renaissance upped their price target on NVIDIA from $319.00 to $330.00 and gave the company a "buy" rating in a research report on Monday, August 31st. Three 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. Based on data from MarketBeat, the stock presently has an average rating of "Buy" and an average price target of $324.34.

NVIDIA Stock Up 0.8%

Shares of NVIDIA stock opened at $213.90 on Thursday. The stock's 50-day moving average is $214.10 and its 200 day moving average is $203.86. NVIDIA Corporation has a one year low of $164.27 and a one year high of $236.54. The firm has a market cap of $5.15 trillion, a price-to-earnings ratio of 27.04, a PEG ratio of 1.66 and a beta of 2.22. The company has a debt-to-equity ratio of 0.14, a current ratio of 4.59 and a quick ratio of 3.85.

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

NVIDIA Announces Dividend

The business also recently announced 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 dividend on an annualized basis and a dividend yield of 0.5%. The ex-dividend date is Thursday, September 10th. NVIDIA's payout ratio is presently 12.64%.

NVIDIA declared that its board has authorized a share repurchase program on Wednesday, May 20th that permits the company to buyback $80.00 billion in outstanding shares. This buyback authorization permits the computer hardware maker to repurchase up to 1.5% of its shares through open market purchases. Shares buyback programs are generally an indication that the company's board believes its shares are undervalued.

Insider Buying and Selling at NVIDIA

In other news, EVP Timothy S. Teter sold 30,000 shares of the company's 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 transaction, the executive vice president owned 2,687,660 shares in the company, valued at approximately $585,587,360.80. This represents a 1.10% decrease in their ownership of the stock. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is accessible through 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 transaction, the director directly owned 2,336,531 shares in the company, valued at $541,187,310.22. This trade represents a 21.03% decrease in their position. The SEC filing for this sale provides additional information. Over the last three months, insiders have sold 1,700,740 shares of company stock worth $385,015,077. 3.94% of the stock is owned by insiders.

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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