Caitlin John LLC Buys 3,800 Shares of NVIDIA Corporation $NVDA

Caitlin John LLC boosted its stake in NVIDIA Corporation (NASDAQ:NVDA - Free Report) by 29.5% during the 2nd quarter, according to its most recent 13F filing with the Securities and Exchange Commission. The institutional investor owned 16,692 shares of the computer hardware maker's stock after acquiring an additional 3,800 shares during the quarter. NVIDIA accounts for 1.8% of Caitlin John LLC's portfolio, making the stock its 8th largest position. Caitlin John LLC's holdings in NVIDIA were worth $3,340,000 as of its most recent filing with the Securities and Exchange Commission.

A number of other institutional investors and hedge funds have also recently added to or reduced their stakes in NVDA. Lifetime Wealth Management P.C. bought a new position in shares of NVIDIA during the fourth quarter worth about $26,000. Longview Financial Advisors Inc. acquired a new stake in NVIDIA in the 1st quarter valued at approximately $27,000. Phillip James Consulting Co. bought a new stake in NVIDIA in the 1st quarter valued at approximately $40,000. Bard Associates Inc. lifted its stake in NVIDIA by 8,866.7% in the 2nd quarter. Bard Associates Inc. now owns 269 shares of the computer hardware maker's stock valued at $54,000 after acquiring an additional 266 shares in the last quarter. Finally, Frankly Finances LLC bought a new stake in NVIDIA in the 2nd quarter valued at approximately $60,000. 65.27% of the stock is owned by institutional investors and hedge funds.

NVIDIA Stock Performance

Shares of NASDAQ NVDA opened at $228.52 on Wednesday. The company has a current ratio of 4.59, a quick ratio of 3.85 and a debt-to-equity ratio of 0.14. The company has a market capitalization of $5.51 trillion, a P/E ratio of 32.80, a P/E/G ratio of 1.75 and a beta of 2.22. NVIDIA Corporation has a 12 month low of $164.27 and a 12 month high of $243.37. The stock has a 50 day moving average of $223.39 and a 200-day moving average of $210.37.

NVIDIA (NASDAQ:NVDA - Get Free Report) last released its quarterly earnings data on Wednesday, August 26th. The computer hardware maker reported $2.22 EPS for the quarter, topping analysts' consensus estimates of $2.09 by $0.13. NVIDIA had a net margin of 63.66% and a return on equity of 96.04%. The firm had revenue of $96.22 billion during the quarter, compared to analysts' expectations of $92.27 billion. During the same period in the previous year, the business posted $1.05 earnings per share. The company's revenue for the quarter was up 105.9% compared to the same quarter last year. As a group, equities research analysts predict that NVIDIA Corporation will post 9.25 EPS for the current year.

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

NVIDIA Announces Dividend

The business also recently announced a quarterly dividend, which was paid on Thursday, October 1st. Stockholders 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 dividend payout ratio (DPR) is currently 12.64%.

Insider Transactions at NVIDIA

In other NVIDIA news, CFO Colette Kress sold 34,918 shares of the company's stock in a transaction on Thursday, September 17th. The stock was sold at an average price of $219.05, for a total value of $7,648,787.90. Following the transaction, the chief financial officer directly owned 765,103 shares of the company's stock, valued at $167,595,812.15. This represents a 4.36% decrease in their position. The sale was disclosed in a filing with the SEC, which is available through this hyperlink. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Also, Director Mark A. Stevens sold 622,239 shares of the company's stock in a transaction dated 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 completion of the transaction, the director owned 2,336,531 shares in the company, valued at $541,187,310.22. This trade represents a 21.03% decrease in their ownership of the stock. Additional details regarding this sale are available in the official SEC disclosure. In the last 90 days, insiders sold 1,766,118 shares of company stock worth $399,450,353. 3.94% of the stock is owned by insiders.

Analysts Set New Price Targets

A number of equities analysts have weighed in on the company. Weiss Ratings reaffirmed a "buy (b)" rating on shares of NVIDIA in a research report on Friday, October 2nd. Rosenblatt Securities reiterated a "buy" rating and issued a $390.00 price objective on shares of NVIDIA in a report on Tuesday, September 29th. Zacks Research raised shares of NVIDIA from a "hold" rating to a "strong-buy" rating in a research report on Monday, September 21st. BNP Paribas Exane reissued an "outperform" rating and issued a $345.00 price objective on shares of NVIDIA in a research report on Monday, October 5th. Finally, JPMorgan Chase & Co. increased their target price on shares of NVIDIA from $280.00 to $320.00 and gave the stock an "overweight" rating in a report on Thursday, August 27th. Five equities research analysts have rated the stock with a Strong Buy rating, forty-nine have assigned a Buy rating and one has issued a Hold rating to the company. According to data from MarketBeat.com, the stock has a consensus rating of "Buy" and a consensus target price of $321.89.

More NVIDIA News

Here are the key news stories impacting NVIDIA this week:

• Positive Sentiment: Vera Rubin and AI infrastructure momentum: NVIDIA has begun production of its next-generation Vera Rubin platform, which could support another major growth cycle as hyperscalers increase AI capital spending. Analysts see substantial upside if the ramp proceeds smoothly. NVIDIA Begins Vera Rubin Production
• Positive Sentiment: Networking expansion: NVIDIA and Cisco announced a planned 400Gb/s-per-lane Ultra-Dense Small Form Factor Pluggable optical module. The technology is designed to increase AI-factory bandwidth, improve power efficiency and strengthen NVIDIA’s position across the broader data-center stack. NVIDIA and Cisco Announce USFP
• Positive Sentiment: Additional demand and strategic investments: Scaleway plans an NVIDIA-powered computing site in Copenhagen, while NVIDIA is reportedly considering a minority investment in French healthcare platform Doctolib. Investors are also highlighting NVIDIA’s exceptional profit margins, large buyback authorization and potential software exposure through investments in AI companies.
• Neutral Sentiment: New ecosystem opportunities: NVIDIA-backed AI infrastructure partners, including Navitas, Bitdeer and oil-and-gas customers, continue developing NVIDIA-based systems. These announcements reinforce demand but may take time to produce material revenue for NVIDIA.
• Negative Sentiment: China market-share erosion: IDC reportedly estimates NVIDIA’s share of China’s AI-chip market has fallen to 34% as Huawei gains ground. Export restrictions and the possibility of permanently lower China data-center sales remain significant overhangs. NVIDIA China AI Chip Market Share Falls
• Negative Sentiment: Customer competition is increasing: Microsoft is preparing to rely more heavily on its own Maia chips for AI inference, raising concerns that custom silicon could reduce demand for NVIDIA GPUs among major cloud customers. Intel’s new inference-focused GPU also targets cost- and power-conscious buyers.
• Negative Sentiment: Valuation and funding concerns: Recent semiconductor weakness, profit-taking and warnings about an AI spending bubble have pressured the group. Firmus’s canceled IPO may signal tighter financing conditions for AI data-center projects, while elevated valuation expectations leave NVIDIA vulnerable if hyperscaler spending or product execution disappoints.

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.

Want to see what other hedge funds are holding NVDA? Visit HoldingsChannel.com to get the latest 13F filings and insider trades for NVIDIA Corporation (NASDAQ:NVDA - Free Report).

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.