Emergent Wealth Advisors LLC Makes New Investment in NVIDIA Corporation $NVDA

Key Points

• Emergent Wealth Advisors LLC acquired 12,006 NVIDIA shares worth approximately $2.74 million in the third quarter, making NVDA 1.4% of its portfolio. Institutional investors collectively own 65.27% of the company.
• NVIDIA reported quarterly revenue of $96.22 billion, up 105.9% year over year, and earnings of $2.22 per share, beating analyst estimates. The company also authorized a $150 billion stock-buyback program.
• Analyst sentiment remains positive, with an average “Buy” rating and a $321.47 price target, although NVIDIA shares opened at $204.64 after declining 4.2%. Insiders have sold roughly $399.5 million of stock over the past 90 days through pre-arranged trading plans.

Emergent Wealth Advisors LLC acquired a new stake in shares of NVIDIA Corporation (NASDAQ:NVDA - Free Report) in the 3rd quarter, according to the company in its most recent Form 13F filing with the SEC. The institutional investor acquired 12,006 shares of the computer hardware maker's stock, valued at approximately $2,742,000. NVIDIA comprises about 1.4% of Emergent Wealth Advisors LLC's investment portfolio, making the stock its 16th largest position.

Other institutional investors have also recently made changes to their positions in the company. Mn Services Vermogensbeheer B.V. grew its position in shares of NVIDIA by 1.1% during the 3rd quarter. Mn Services Vermogensbeheer B.V. now owns 2,399,611 shares of the computer hardware maker's stock worth $548,023,000 after buying an additional 26,400 shares in the last quarter. Diversified Management Inc. raised its holdings in NVIDIA by 7.2% in the third quarter. Diversified Management Inc. now owns 13,598 shares of the computer hardware maker's stock worth $3,106,000 after purchasing an additional 914 shares in the last quarter. Acropolis Investment Management LLC lifted its position in shares of NVIDIA by 2.9% during the third quarter. Acropolis Investment Management LLC now owns 50,537 shares of the computer hardware maker's stock valued at $11,542,000 after buying an additional 1,422 shares during the last quarter. First Heartland Consultants Inc. lifted its position in shares of NVIDIA by 5.1% during the third quarter. First Heartland Consultants Inc. now owns 73,844 shares of the computer hardware maker's stock valued at $16,864,000 after buying an additional 3,590 shares during the last quarter. Finally, GAMMA Investing LLC boosted its holdings in shares of NVIDIA by 9.8% in the 3rd quarter. GAMMA Investing LLC now owns 749,074 shares of the computer hardware maker's stock valued at $171,073,000 after buying an additional 66,819 shares in the last quarter. Hedge funds and other institutional investors own 65.27% of the company's stock.

More NVIDIA News

Here are the key news stories impacting NVIDIA this week:

• Positive Sentiment: NVIDIA’s strong earnings, expanding margins and outlook for roughly 70% revenue growth in fiscal 2028 continue to support the bullish case. Analysts argue that AI demand remains supply-constrained and that the company’s latest guidance exceeded expectations. NVIDIA’s AI Dominance Could Have Further to Run
• Positive Sentiment: The company is broadening its role beyond GPUs by offering complete AI-factory architectures, networking, software and edge systems. Expanded collaborations with Microsoft, Meta, Oracle and other partners could increase NVIDIA’s share of customers’ overall AI infrastructure budgets. How AI Factory Expansion Will Impact NVIDIA Investors
• Positive Sentiment: Commentary highlighting AI demand, pricing power and NVIDIA’s strategic investments in networking, software and AI companies provides potential long-term catalysts. Wall Street analyst sentiment remains broadly favorable despite the recent correction. NVIDIA Stock: Analyst Estimates and Ratings

Insiders Place Their Bets

In other news, EVP Timothy Teter sold 30,460 shares of the business's stock in a transaction that occurred 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 completion of the sale, the executive vice president directly owned 2,687,660 shares in the company, valued at $598,810,648. The trade was a 1.12% decrease in their ownership of the stock. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is available through this link. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Also, CFO Colette Kress sold 34,918 shares of the business's stock in a transaction that occurred on 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 sale, the chief financial officer owned 765,103 shares of the company's stock, valued at $167,595,812.15. This trade represents a 4.36% decrease in their ownership of the stock. The SEC filing for this sale provides additional information. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Over the last 90 days, insiders have sold 1,766,118 shares of company stock worth $399,450,353. 3.94% of the stock is owned by corporate insiders.

Analyst Upgrades and Downgrades

Several brokerages have weighed in on NVDA. KeyCorp reissued an "overweight" rating and issued a $330.00 price target on shares of NVIDIA in a report on Monday, August 24th. Stifel Nicolaus set a $315.00 price objective on shares of NVIDIA in a report on Thursday, August 27th. Royal Bank Of Canada increased their price objective on shares of NVIDIA from $300.00 to $330.00 and gave the company an "outperform" rating in a research report on Thursday, August 27th. Weiss Ratings upgraded shares of NVIDIA from a "buy (b)" rating to a "buy (b+)" rating in a research note on Friday, October 16th. Finally, Benchmark reissued a "buy" rating and set a $335.00 target price on shares of NVIDIA in a research report on Thursday, August 27th. Five 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 stock. According to data from MarketBeat, the stock has an average rating of "Buy" and an average price target of $321.47.

NVIDIA Stock Down 4.2%

NVDA stock opened at $204.64 on Friday. The firm has a market cap of $4.93 trillion, a PE ratio of 25.87, a P/E/G ratio of 1.57 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. The firm's fifty day moving average is $221.74 and its 200 day moving average is $204.24. NVIDIA Corporation has a one year low of $164.27 and a one year high of $243.37.

NVIDIA (NASDAQ:NVDA - Get Free Report) last posted its earnings results on Wednesday, August 26th. The computer hardware maker reported $2.22 earnings per share (EPS) for the quarter, topping the consensus estimate of $2.09 by $0.13. NVIDIA had a net margin of 63.66% and a return on equity of 96.04%. The business had revenue of $96.22 billion for the quarter, compared to analyst estimates of $92.27 billion. During the same period in the prior year, the company posted $1.05 EPS. The company's revenue for the quarter was up 105.9% on a year-over-year basis. On average, research analysts forecast that NVIDIA Corporation will post 9.30 EPS for the current year.

NVIDIA announced that its Board of Directors has initiated a stock buyback plan on Monday, September 28th that authorizes the company to buy back $150 billion in outstanding shares. This repurchase authorization authorizes the computer hardware maker to buy up to 2.8% of its shares through open market purchases. Stock repurchase plans are typically a sign that the company's management believes its shares are undervalued.

NVIDIA Announces Dividend

The firm also recently declared a quarterly dividend, which was paid on Thursday, October 1st. Shareholders 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 dividend on an annualized basis and a yield of 0.5%. NVIDIA's dividend payout ratio is currently 12.64%.

NVIDIA Company Profile

NVIDIA Corporation NASDAQ: NVDA is a technology company that designs graphics processing units (GPUs), accelerated computing platforms, networking products and related software. Its technologies support artificial intelligence, machine learning, scientific computing, data analytics, professional visualization and computer graphics.

The company's products include GeForce GPUs for gaming and personal computing, data center GPUs and systems for AI and high-performance computing, and networking solutions used to connect and manage large-scale computing infrastructure.

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