Callan Family Office LLC Acquires 27,745 Shares of NVIDIA Corporation $NVDA

Key Points

• Callan Family Office increased its NVIDIA position by 2.8%, purchasing 27,745 shares for a total holding of 1,004,009 shares valued at approximately $200.9 million. Institutional investors and hedge funds collectively own 65.27% of the stock.
• Analysts remain broadly bullish, with NVIDIA receiving an average “Buy” rating and a consensus price target of $321.89. The company also exceeded quarterly earnings and revenue estimates, reporting $2.22 in EPS and $96.22 billion in revenue, up 105.9% year over year.
• NVIDIA approved a $150 billion share-repurchase authorization and paid a quarterly dividend of $0.25, while insiders sold shares worth roughly $399.5 million over the past 90 days under pre-arranged trading plans.

Callan Family Office LLC lifted its holdings in shares of NVIDIA Corporation (NASDAQ:NVDA - Free Report) by 2.8% in the second quarter, according to the company in its most recent filing with the Securities and Exchange Commission. The institutional investor owned 1,004,009 shares of the computer hardware maker's stock after buying an additional 27,745 shares during the period. NVIDIA comprises 3.9% of Callan Family Office LLC's investment portfolio, making the stock its 2nd biggest holding. Callan Family Office LLC's holdings in NVIDIA were worth $200,892,000 as of its most recent SEC filing.

Several other hedge funds have also modified their holdings of the business. Expressive Wealth LLC grew its holdings in shares of NVIDIA by 0.9% in the 2nd quarter. Expressive Wealth LLC now owns 13,974 shares of the computer hardware maker's stock worth $2,796,000 after acquiring an additional 127 shares during the period. Gambit Capital Management LLC raised its holdings in NVIDIA by 10.7% during the second quarter. Gambit Capital Management LLC now owns 7,898 shares of the computer hardware maker's stock worth $1,580,000 after purchasing an additional 761 shares during the last quarter. G2 Capital Management LLC OH raised its holdings in NVIDIA by 1.0% during the second quarter. G2 Capital Management LLC OH now owns 35,552 shares of the computer hardware maker's stock worth $7,114,000 after purchasing an additional 354 shares during the last quarter. Manhattan West Asset Management LLC boosted its position in NVIDIA by 6.6% during the second quarter. Manhattan West Asset Management LLC now owns 179,151 shares of the computer hardware maker's stock worth $35,846,000 after purchasing an additional 11,094 shares in the last quarter. Finally, Cahill Financial Advisors Inc. boosted its position in NVIDIA by 2.4% during the second quarter. Cahill Financial Advisors Inc. now owns 12,992 shares of the computer hardware maker's stock worth $2,600,000 after purchasing an additional 310 shares in the last quarter. 65.27% of the stock is owned by institutional investors and hedge funds.

Wall Street Analysts Forecast Growth

A number of research analysts have recently weighed in on NVDA shares. KeyCorp restated an "overweight" rating and issued a $330.00 price target on shares of NVIDIA in a research report on Monday, August 24th. Truist Financial boosted their price objective on shares of NVIDIA from $307.00 to $346.00 and gave the stock a "buy" rating in a research report on Thursday, August 27th. Daiwa Securities Group lowered their price objective on shares of NVIDIA from $255.00 to $245.00 and set an "outperform" rating on the stock in a research note on Thursday, September 17th. Needham & Company LLC reiterated a "buy" rating and issued a $300.00 price target on shares of NVIDIA in a research report on Friday, September 4th. Finally, Weiss Ratings restated a "buy (b)" rating on shares of NVIDIA in a research report on Wednesday, July 8th. Four investment analysts have rated the stock with a Strong Buy rating, fifty have given a Buy rating and one has assigned a Hold rating to the company. According to data from MarketBeat.com, NVIDIA currently has an average rating of "Buy" and a consensus target price of $321.89.

NVIDIA Price Performance

NVIDIA stock opened at $238.90 on Tuesday. NVIDIA Corporation has a 1 year low of $164.27 and a 1 year high of $240.10. The firm has a 50 day moving average price of $219.59 and a 200 day moving average price of $208.05. The company 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. 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 (NASDAQ:NVDA - Get Free Report) last posted its quarterly 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 company had revenue of $96.22 billion for the quarter, compared to the consensus estimate of $92.27 billion. NVIDIA had a net margin of 63.66% and a return on equity of 96.04%. NVIDIA'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. Sell-side analysts predict that NVIDIA Corporation will post 9.25 earnings per share for the current year.

NVIDIA Announces Dividend

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

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

Insider Buying and Selling

In other NVIDIA news, EVP Timothy S. Teter sold 30,460 shares of the company's stock in a transaction dated Monday, September 21st. The stock was sold at an average price of $222.80, for a total transaction of $6,786,488.00. Following the completion of the sale, the executive vice president directly owned 2,687,660 shares in the company, valued at $598,810,648. This represents a 1.12% decrease in their ownership of the stock. The sale was disclosed in a legal filing with the SEC, which is available through this hyperlink. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Also, CFO Colette Kress sold 34,918 shares of NVIDIA stock in a transaction dated Thursday, September 17th. The shares were sold at an average price of $219.05, for a total value of $7,648,787.90. Following the completion of the transaction, the chief financial officer directly owned 765,103 shares in the company, valued at $167,595,812.15. This represents a 4.36% 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. In the last ninety days, insiders have sold 1,766,118 shares of company stock valued at $399,450,353. 3.94% of the stock is currently owned by company insiders.

Key Headlines 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

About NVIDIA

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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