Commerce Bank Increases Holdings in NVIDIA Corporation $NVDA

Key Points

• Commerce Bank increased its NVIDIA holdings by 8,321 shares to 5.15 million shares, valued at approximately $1.03 billion. NVIDIA now represents 4.5% of the bank’s portfolio and is its third-largest position.
• Institutional ownership and analyst sentiment remain strong: institutions own 65.27% of NVIDIA, while analysts maintain a consensus “Buy” rating with an average price target of $321.89.
• NVIDIA reported quarterly earnings and revenue above expectations, with revenue up 105.9% year over year. The company also approved a $150 billion share-repurchase program, though insiders sold more than $399 million of stock over the past 90 days.

Commerce Bank raised its holdings in NVIDIA Corporation (NASDAQ:NVDA - Free Report) by 0.2% during the 2nd quarter, according to the company in its most recent filing with the Securities & Exchange Commission. The institutional investor owned 5,152,698 shares of the computer hardware maker's stock after acquiring an additional 8,321 shares during the period. NVIDIA makes up 4.5% of Commerce Bank's investment portfolio, making the stock its 3rd largest position. Commerce Bank's holdings in NVIDIA were worth $1,031,003,000 as of its most recent SEC filing.

A number of other large investors have also recently modified their holdings of the business. J. Stern & Co. LLP raised its stake in NVIDIA by 13,709.1% in the fourth quarter. J. Stern & Co. LLP now owns 125,760,307 shares of the computer hardware maker's stock valued at $23,454,297,000 after purchasing an additional 124,849,603 shares in the last quarter. Amundi grew its stake in NVIDIA by 10.4% in the 1st quarter. Amundi now owns 133,768,018 shares of the computer hardware maker's stock worth $23,329,141,000 after buying an additional 12,575,177 shares in the last quarter. SEB Asset Management AB purchased a new position in NVIDIA in the 1st quarter worth approximately $1,692,807,000. Employees Provident Fund Board bought a new position in shares of NVIDIA in the 4th quarter worth $1,243,336,000. Finally, H&H International Investment LLC increased its holdings in shares of NVIDIA by 91.3% in the 1st quarter. H&H International Investment LLC now owns 13,843,775 shares of the computer hardware maker's stock worth $2,414,354,000 after buying an additional 6,606,675 shares during the last quarter. Institutional investors own 65.27% of the company's stock.

Wall Street Analysts Forecast Growth

A number of equities research analysts have weighed in on the company. JPMorgan Chase & Co. raised their price target on NVIDIA from $280.00 to $320.00 and gave the company an "overweight" rating in a research report on Thursday, August 27th. Mizuho set a $315.00 price objective on NVIDIA and gave the stock an "outperform" rating in a report on Thursday, August 27th. DZ Bank reissued a "buy" rating on shares of NVIDIA in a report on Wednesday, August 26th. Rothschild & Co Redburn boosted their target price on NVIDIA from $300.00 to $325.00 in a research report on Thursday, August 27th. Finally, KeyCorp reaffirmed an "overweight" rating and issued a $330.00 target price on shares of NVIDIA in a research note on Monday, August 24th. 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.com, the company presently has a consensus rating of "Buy" and an average price target of $321.89.

NVIDIA Price Performance

NVDA stock opened at $237.36 on Thursday. 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 Corporation has a 1 year low of $164.27 and a 1 year high of $243.37. The firm has a 50-day moving average of $221.38 and a 200 day moving average of $208.88. The company has a market cap of $5.72 trillion, a P/E ratio of 30.01, a PEG ratio of 1.85 and a beta of 2.22.

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

NVIDIA Announces Dividend

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

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

Insider Buying and Selling

In other NVIDIA news, Director Mark Stevens sold 622,239 shares of the stock in a transaction on Friday, September 4th. The stock was sold at an average price of $231.62, for a total value of $144,122,997.18. Following the completion of the transaction, the director owned 2,336,531 shares in the company, 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 document filed with the Securities & Exchange Commission, which can be accessed through this link. Also, EVP Timothy Teter sold 30,460 shares of the firm's stock in a transaction on Monday, September 21st. The shares were sold at an average price of $222.80, for a total value of $6,786,488.00. Following the transaction, the executive vice president directly owned 2,687,660 shares of the company's stock, valued at $598,810,648. This represents a 1.12% 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. Insiders have sold a total of 1,766,118 shares of company stock valued at $399,450,353 over the last ninety days. Company insiders own 3.94% of the company's stock.

More NVIDIA News

Here are the key news stories impacting NVIDIA this week:

• Positive Sentiment: SpaceX may become a major new customer. SpaceX is reportedly seeking approximately $40 billion in debt financing—potentially including bank loans and investment-grade bonds—to purchase NVIDIA GPUs for its AI infrastructure. The proposed transaction would reinforce demand for NVIDIA’s chips, although the debt-funded nature of the purchase raises questions about customer financing risk. Apollo, banks in talks to finance SpaceX's $40 billion Nvidia GPU purchase
• Positive Sentiment: NVIDIA is expanding beyond data centers into PCs and edge AI. Microsoft unveiled the $2,599 Surface Laptop Ultra with an NVIDIA AI chip, while ASUS and other manufacturers began offering RTX Spark-powered systems for local AI workloads. This could broaden NVIDIA’s addressable market and create a new consumer and enterprise revenue stream. Microsoft to sell Surface Laptop Ultra containing Nvidia AI chip
• Positive Sentiment: AI infrastructure adoption remains widespread. NVIDIA-backed Lambda is reportedly targeting up to $4 billion in additional funding ahead of a planned IPO, while robotics, sovereign-AI and cloud-computing companies continue announcing deployments using NVIDIA platforms. These developments support the company’s ecosystem and long-term demand outlook. Nvidia-backed Lambda targets $4 billion raise
• Positive Sentiment: Analyst sentiment remains bullish. Morgan Stanley raised its price target, and consensus estimates cited by analysts imply additional upside. NVIDIA’s prior quarterly earnings beat and more-than-doubling revenue growth continue to support the bullish case.
• Neutral Sentiment: Market conditions are mixed. Rising oil prices tied to renewed Strait of Hormuz tensions pressured broader equities, while investors also remained focused on interest rates and Federal Reserve minutes.
• Negative Sentiment: Valuation and concentration risks are becoming more prominent. NVIDIA is approaching a $6 trillion market capitalization after a powerful rally, increasing the potential for profit-taking. Michael Burry has reportedly shifted to longer-dated put options on NVIDIA, citing the risk of an eventual AI downturn.
• Negative Sentiment: Trade and execution risks could weigh on the shares. Fresh tariff threats and concerns about margin compression, inventory levels and the sustainability of debt-financed AI spending are tempering enthusiasm. Investors may also be reluctant to chase the stock near record highs without evidence that earnings growth can continue to exceed elevated expectations.

NVIDIA 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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