Envestnet Portfolio Solutions Inc. Purchases 62,828 Shares of NVIDIA Corporation $NVDA

Key Points

• Envestnet Portfolio Solutions increased its NVIDIA position by 6.7%, purchasing 62,828 shares to hold 997,308 shares valued at approximately $199.5 million. Institutional investors collectively own 65.27% of NVIDIA.
• NVIDIA reported exceptional quarterly results, with revenue rising 105.9% year over year to $96.22 billion and EPS beating estimates. Analysts maintain a broadly positive outlook, with a “Moderate Buy” consensus rating and an average price target of $324.83.
• Despite strong AI demand and an $80 billion share-repurchase authorization, investors face risks from valuation concerns, custom-chip competition and recent insider selling. Director Mark Stevens sold more than 1 million shares for approximately $235.6 million across reported transactions.

Envestnet Portfolio Solutions Inc. increased its position in shares of NVIDIA Corporation (NASDAQ:NVDA - Free Report) by 6.7% during the 2nd quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission. The firm owned 997,308 shares of the computer hardware maker's stock after buying an additional 62,828 shares during the period. NVIDIA comprises approximately 1.0% of Envestnet Portfolio Solutions Inc.'s holdings, making the stock its 19th largest holding. Envestnet Portfolio Solutions Inc.'s holdings in NVIDIA were worth $199,533,000 at the end of the most recent quarter.

Several other institutional investors and hedge funds have also recently made changes to their positions in the company. B.O.S.S. Retirement Advisors LLC lifted its position in shares of NVIDIA by 0.9% in the 2nd quarter. B.O.S.S. Retirement Advisors LLC now owns 34,840 shares of the computer hardware maker's stock worth $6,971,000 after purchasing an additional 299 shares during the period. Arkansas Financial Group Inc. increased its holdings in NVIDIA by 5.4% during the second quarter. Arkansas Financial Group Inc. now owns 2,649 shares of the computer hardware maker's stock valued at $530,000 after buying an additional 136 shares during the period. First United Bank & Trust increased its holdings in NVIDIA by 4.0% during the second quarter. First United Bank & Trust now owns 22,992 shares of the computer hardware maker's stock valued at $4,600,000 after buying an additional 885 shares during the period. Opal Wealth Advisors LLC raised its stake in NVIDIA by 8.0% in the second quarter. Opal Wealth Advisors LLC now owns 24,036 shares of the computer hardware maker's stock worth $4,809,000 after buying an additional 1,785 shares in the last quarter. Finally, Oak Thistle LLC purchased a new stake in NVIDIA during the second quarter worth $3,044,000. 65.27% of the stock is currently owned by institutional investors.

NVIDIA News Summary

Here are the key news stories impacting NVIDIA this week:

• Positive Sentiment: NVIDIA continues to benefit from exceptional AI infrastructure demand. Recent analysis highlighted $96.2 billion in quarterly revenue, 106% year-over-year growth, strong data-center momentum and management’s expectation for approximately 70% revenue growth in fiscal 2028. Blackwell, networking and the upcoming Vera Rubin platform provide additional product catalysts. Nvidia's Earnings Staircase Keeps The Momentum Rolling
• Positive Sentiment: CEO Jensen Huang reinforced the investment case by describing NVIDIA’s computing hardware as durable, rentable and capable of generating revenue for customers even as chips age. Continued rental demand for older H100 systems supports the resale and utilization value of NVIDIA’s installed base. Jensen Huang Calls Nvidia Chips a Revenue-Generating Asset
• Positive Sentiment: Customer and ecosystem news remains supportive: NVIDIA-backed Firmus signed a multiyear computing-capacity agreement with OpenAI, while Quantum Cyber announced an eight-GPU NVIDIA A100 cluster for autonomous defense and drone applications. These announcements indicate expanding use of NVIDIA hardware beyond traditional hyperscale deployments. Nvidia-backed Firmus Signs Deal With OpenAI
• Neutral Sentiment: NVIDIA’s approximately $12.9 billion acquisition of Hugging Face is viewed as a way to deepen its software and developer ecosystem, but investors are watching whether the open-source community embraces the platform under NVIDIA ownership and whether the deal produces adequate returns.
• Neutral Sentiment: Supplier activity points to sustained demand but also rising execution and financing requirements. Wistron announced a $1.5 billion share sale to fund materials and capacity, illustrating the capital intensity of the AI-server buildout without directly changing NVIDIA’s earnings outlook.
• Negative Sentiment: Director Mark Stevens sold 1,022,239 NVIDIA shares for approximately $235.6 million across September 3–4, reducing his direct ownership by roughly one-third across the reported transactions. Although insider sales do not necessarily signal deteriorating fundamentals, the size of the sales can weigh on sentiment.
• Negative Sentiment: The stock’s pullback reflects profit-taking after three sessions of gains and weaker risk appetite linked to higher oil prices and renewed Middle East tensions. Investors also continue to debate competition from custom AI chips, data-center opposition, customer concentration and whether AI spending can justify NVIDIA’s multitrillion-dollar valuation.

Analysts Set New Price Targets

Several analysts have issued reports on NVDA shares. DZ Bank reaffirmed a "buy" rating on shares of NVIDIA in a research report on Wednesday, August 26th. Citic Securities upped their price objective on NVIDIA from $242.00 to $315.00 and gave the stock a "buy" rating in a research note on Friday, May 22nd. DA Davidson reaffirmed a "buy" rating and set a $300.00 price objective on shares of NVIDIA in a research report on Thursday, August 27th. Seaport Research Partners lifted their target price on NVIDIA from $140.00 to $180.00 and gave the company a "sell" rating in a research note on Thursday, May 21st. Finally, Wall Street Zen upgraded shares of NVIDIA from a "buy" rating to a "strong-buy" rating in a report on Saturday, August 29th. Two research analysts have 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, NVIDIA presently has an average rating of "Moderate Buy" and an average price target of $324.83.

NVIDIA Price Performance

NASDAQ NVDA opened at $225.73 on Wednesday. The company has a market cap of $5.44 trillion, a price-to-earnings ratio of 28.54, a PEG ratio of 1.81 and a beta of 2.22. The company has a debt-to-equity ratio of 0.14, a current ratio of 4.59 and a quick ratio of 3.85. The stock's fifty day moving average price is $211.83 and its 200 day moving average price is $202.77. NVIDIA Corporation has a 1 year low of $164.27 and a 1 year high of $236.54.

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, 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 the consensus estimate of $92.27 billion. During the same quarter in the previous year, the business earned $1.05 EPS. The company's quarterly revenue was up 105.9% compared to the same quarter last year. As a group, equities research analysts forecast that NVIDIA Corporation will post 9.1 earnings per share for the current year.

NVIDIA Announces Dividend

The firm also recently declared a quarterly dividend, which will be paid on Thursday, October 1st. Shareholders of record on Thursday, September 10th will be given a dividend of $0.25 per share. The ex-dividend date of this dividend is Thursday, September 10th. This represents a $1.00 dividend on an annualized basis and a yield of 0.4%. NVIDIA's dividend payout ratio (DPR) is currently 12.64%.

NVIDIA announced that its Board of Directors has authorized a stock repurchase program on Wednesday, May 20th that authorizes the company to buyback $80.00 billion in outstanding shares. This buyback authorization authorizes the computer hardware maker to repurchase up to 1.5% of its shares through open market purchases. Shares buyback programs are often a sign that the company's board believes its shares are undervalued.

Insider Activity at NVIDIA

In other NVIDIA news, EVP Timothy Teter sold 30,000 shares of NVIDIA stock in a transaction that occurred on Monday, August 31st. The shares were sold at an average price of $217.88, for a total transaction of $6,536,400.00. Following the completion of the sale, the executive vice president directly owned 2,687,660 shares in the company, valued at approximately $585,587,360.80. The trade was a 1.10% decrease in their position. The sale was disclosed in a legal filing with the SEC, which is accessible through the SEC website. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Also, 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 transaction of $144,122,997.18. Following the completion of the sale, the director owned 2,336,531 shares in the company, valued at $541,187,310.22. The trade was a 21.03% decrease in their position. Additional details regarding this sale are available in the official SEC disclosure. Over the last 90 days, insiders have sold 2,585,740 shares of company stock valued at $571,015,527. Company insiders own 3.94% of the company's stock.

About NVIDIA

NVIDIA Corporation is a technology company that designs accelerated computing platforms, graphics processors and related software. Its products are used for artificial intelligence, machine learning, high-performance computing, computer graphics, data-center applications and other workloads that benefit from parallel processing.

The company's offerings include GeForce graphics processing units (GPUs) and software for gaming and personal computers; data-center GPUs, systems and networking products; and professional visualization solutions for design, engineering, media and scientific applications.

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