Encompass More Asset Management Has $5.53 Million Holdings in NVIDIA Corporation $NVDA

Encompass More Asset Management lessened its holdings in NVIDIA Corporation (NASDAQ:NVDA - Free Report) by 34.0% during the 2nd quarter, according to its most recent filing with the Securities and Exchange Commission. The fund owned 27,610 shares of the computer hardware maker's stock after selling 14,254 shares during the quarter. NVIDIA makes up approximately 0.8% of Encompass More Asset Management's holdings, making the stock its 27th biggest holding. Encompass More Asset Management's holdings in NVIDIA were worth $5,525,000 at the end of the most recent quarter.

Several other institutional investors also recently modified their holdings of the business. Brighton Jones LLC grew its stake in shares of NVIDIA by 12.4% during the fourth quarter. Brighton Jones LLC now owns 324,901 shares of the computer hardware maker's stock worth $43,631,000 after purchasing an additional 35,815 shares during the period. Bank Pictet & Cie Europe AG boosted its holdings in NVIDIA by 1.0% during the fourth quarter. Bank Pictet & Cie Europe AG now owns 2,346,417 shares of the computer hardware maker's stock worth $315,100,000 after buying an additional 22,929 shares during the last quarter. Highview Capital Management LLC DE boosted its holdings in NVIDIA by 6.7% during the fourth quarter. Highview Capital Management LLC DE now owns 58,396 shares of the computer hardware maker's stock worth $7,842,000 after buying an additional 3,653 shares during the last quarter. Hudson Value Partners LLC grew its position in shares of NVIDIA by 30.7% during the 4th quarter. Hudson Value Partners LLC now owns 50,658 shares of the computer hardware maker's stock worth $6,805,000 after buying an additional 11,900 shares during the period. Finally, Wealth Group Ltd. grew its position in shares of NVIDIA by 15.7% during the 1st quarter. Wealth Group Ltd. now owns 6,598 shares of the computer hardware maker's stock worth $715,000 after buying an additional 896 shares during the period. Institutional investors and hedge funds own 65.27% of the company's stock.

Analyst Upgrades and Downgrades

A number of brokerages recently weighed in on NVDA. Wolfe Research reiterated an "outperform" rating and issued a $275.00 price target on shares of NVIDIA in a research report on Thursday, May 21st. BNP Paribas Exane boosted their price objective on shares of NVIDIA from $270.00 to $285.00 and gave the company an "outperform" rating in a report on Thursday, May 21st. Citic Securities upped their target price on shares of NVIDIA from $242.00 to $315.00 and gave the company a "buy" rating in a research note on Friday, May 22nd. President Capital increased their target price on shares of NVIDIA from $280.00 to $295.00 and gave the stock a "buy" rating in a report on Thursday, May 21st. Finally, Cantor Fitzgerald reissued an "overweight" rating and set a $350.00 price target on shares of NVIDIA in a research report on Monday. One research analyst has rated the stock with a Strong Buy rating, fifty have given a Buy rating and three have issued a Hold rating to the stock. According to data from MarketBeat.com, the stock has an average rating of "Moderate Buy" and a consensus price target of $308.46.

NVIDIA Stock Down 1.6%

NVDA stock opened at $209.66 on Thursday. The company has a market cap of $5.07 trillion, a price-to-earnings ratio of 32.11, a P/E/G ratio of 0.42 and a beta of 2.23. NVIDIA Corporation has a twelve month low of $164.07 and a twelve month high of $236.54. The business has a 50 day moving average price of $207.61 and a two-hundred day moving average price of $200.35. The company has a quick ratio of 2.85, a current ratio of 3.44 and a debt-to-equity ratio of 0.04.

NVIDIA (NASDAQ:NVDA - Get Free Report) last announced its quarterly earnings data on Wednesday, August 26th. The computer hardware maker reported $2.22 earnings per share (EPS) 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 analysts' expectations of $92.27 billion. NVIDIA had a return on equity of 96.94% and a net margin of 62.97%.The business's revenue was up 105.9% compared to the same quarter last year. During the same quarter in the prior year, the business posted $1.05 EPS. Analysts anticipate that NVIDIA Corporation will post 8.8 EPS for the current fiscal year.

NVIDIA declared that its board has approved a stock repurchase plan on Wednesday, May 20th that permits the company to repurchase $80.00 billion in outstanding shares. This repurchase authorization permits the computer hardware maker to buy up to 1.5% of its shares through open market purchases. Shares repurchase plans are usually a sign that the company's management believes its shares are undervalued.

Insiders Place Their Bets

In other news, Director Stephen C. Neal sold 15,500 shares of the firm's stock in a transaction that occurred on Wednesday, June 3rd. The stock was sold at an average price of $215.73, for a total value of $3,343,815.00. Following the completion of the sale, the director directly owned 116,135 shares of the company's stock, valued at $25,053,803.55. This trade represents a 11.77% decrease in their ownership of the stock. The transaction was disclosed in a filing with the SEC, which is available at this link. Also, Director Mark A. Stevens sold 885,000 shares of the company's stock in a transaction on Thursday, June 18th. The shares were sold at an average price of $210.17, for a total transaction of $186,000,450.00. Following the completion of the transaction, the director owned 5,207,271 shares in the company, valued at approximately $1,094,412,146.07. This represents a 14.53% decrease in their ownership of the stock. Additional details regarding this sale are available in the official SEC disclosure. Over the last 90 days, insiders have sold 1,900,500 shares of company stock worth $410,449,265. 3.94% of the stock is owned by corporate insiders.

Key Stories Impacting NVIDIA

Here are the key news stories impacting NVIDIA this week:

• Positive Sentiment: NVIDIA reported record fiscal Q2 revenue of $96.2 billion, up 106% year over year, while adjusted earnings per share of $2.22 exceeded the $2.09 consensus estimate. Data Center revenue rose 117% to $89.0 billion, confirming continued hyperscaler and AI-infrastructure demand. NVIDIA reports earnings beat as revenue more than doubles
• Positive Sentiment: Management forecast fiscal Q3 revenue of approximately $108 billion, above Wall Street expectations, and said fiscal 2028 revenue is expected to grow about 70%. The Vera Rubin platform is ramping into full production, supporting the longer-term growth outlook. Nvidia forecasts quarterly revenue above estimates
• Positive Sentiment: NVIDIA expanded its partnership with Amazon Web Services to deliver up to 2 million additional GPUs and next-generation AI infrastructure. The company also announced financing partnerships with major investment firms intended to mobilize more than $500 billion for AI buildouts, potentially expanding its customer base. AWS and NVIDIA to deliver 2 million additional GPUs
• Neutral Sentiment: Profitability remains exceptionally strong, with a 75% Q2 gross margin, $59.7 billion in GAAP net income and approximately $26 billion returned through buybacks and dividends. However, operating expenses increased 55% year over year, and investors are monitoring whether spending and investments will rise faster than earnings. NVIDIA announces financial results for second quarter fiscal 2027
• Negative Sentiment: Fiscal Q3 gross-margin guidance of approximately 74% is below Q2’s 75%, giving investors a reason to take profits despite the revenue beat. The outlook also assumes no Data Center compute revenue from China, highlighting regulatory and market-access risks. Nvidia forecasts quarterly revenue above estimates
• Negative Sentiment: Investors remain concerned that custom chips from customers such as OpenAI and Microsoft could gradually reduce demand for NVIDIA GPUs in inference workloads. Analysts also questioned whether NVIDIA’s investments and compute-financing initiatives could create circular-financing concerns. OpenAI’s Jalapeño AI chip brings new threat to Nvidia margins

NVIDIA Profile

NVIDIA Corporation, founded in 1993 and headquartered in Santa Clara, California, is a global technology company that designs and develops graphics processing units (GPUs) and system-on-chip (SoC) technologies. Co-founded by Jensen Huang, who serves as president and chief executive officer, along with Chris Malachowsky and Curtis Priem, NVIDIA has grown from a graphics-focused chipmaker into a broad provider of accelerated computing hardware and software for multiple industries.

The company's product portfolio spans discrete GPUs for gaming and professional visualization (marketed under the GeForce and NVIDIA RTX lines), high-performance data center accelerators used for AI training and inference (including widely adopted platforms such as the A100 and H100 series), and Tegra SoCs for automotive and edge applications.

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.

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