Flynn Zito Capital Management LLC Sells 7,029 Shares of NVIDIA Corporation $NVDA

Key Points

• Flynn Zito Capital Management reduced its NVIDIA stake by 12.6%, selling 7,029 shares and retaining 48,805 shares valued at approximately $9.8 million. Institutional investors collectively own 65.27% of NVIDIA.
• NVIDIA reported strong quarterly results, with revenue rising 105.9% year over year to $96.22 billion and EPS of $2.22, exceeding analyst expectations. Analysts maintain a consensus “Buy” rating with an average price target of $324.34.
• Investor sentiment remains supported by robust AI-chip demand and expanding data-center and networking opportunities, although rising competition from Huawei, higher memory costs and substantial insider selling remain potential risks.

Flynn Zito Capital Management LLC reduced its holdings in shares of NVIDIA Corporation (NASDAQ:NVDA - Free Report) by 12.6% in the 2nd quarter, according to the company in its most recent filing with the Securities & Exchange Commission. The fund owned 48,805 shares of the computer hardware maker's stock after selling 7,029 shares during the quarter. NVIDIA accounts for about 2.7% of Flynn Zito Capital Management LLC's holdings, making the stock its 13th biggest holding. Flynn Zito Capital Management LLC's holdings in NVIDIA were worth $9,765,000 as of its most recent SEC filing.

A number of other hedge funds and other institutional investors have also recently bought and sold shares of the business. Lifetime Wealth Management P.C. acquired a new stake in shares of NVIDIA in the 4th quarter valued at approximately $26,000. Longview Financial Advisors Inc. acquired a new position in NVIDIA during the 1st quarter worth approximately $27,000. Phillip James Consulting Co. acquired a new position in NVIDIA during the 1st quarter worth approximately $40,000. Syntax Research Inc. lifted its stake in NVIDIA by 62.5% in the 4th quarter. Syntax Research Inc. now owns 260 shares of the computer hardware maker's stock valued at $49,000 after purchasing an additional 100 shares during the last quarter. Finally, Frankly Finances LLC acquired a new stake in NVIDIA in the second quarter valued at approximately $60,000. Institutional investors own 65.27% of the company's stock.

NVIDIA Trading Up 2.5%

NVDA opened at $219.34 on Friday. NVIDIA Corporation has a twelve month low of $164.27 and a twelve month high of $236.54. The company has a fifty day moving average of $214.43 and a 200-day moving average of $204.16. The stock has a market cap of $5.29 trillion, a PE ratio of 27.73, a price-to-earnings-growth ratio of 1.68 and a beta of 2.22. The company has a quick ratio of 3.85, a current ratio of 4.59 and a debt-to-equity ratio of 0.14.

NVIDIA (NASDAQ:NVDA - Get Free Report) last released its earnings results on Wednesday, August 26th. The computer hardware maker reported $2.22 earnings per share (EPS) for the quarter, beating 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 quarter in the previous year, the business earned $1.05 earnings per share. NVIDIA's revenue for the quarter was up 105.9% on a year-over-year basis. On average, sell-side analysts predict that NVIDIA Corporation will post 9.12 EPS for the current year.

NVIDIA Dividend Announcement

The business also recently announced a quarterly dividend, which will be paid on Thursday, October 1st. Investors of record on Thursday, September 10th will be given a dividend of $0.25 per share. This represents a $1.00 dividend on an annualized basis and a dividend yield of 0.5%. The ex-dividend date is Thursday, September 10th. NVIDIA's payout ratio is presently 12.64%.

Key Stories Impacting NVIDIA

Here are the key news stories impacting NVIDIA this week:

• Positive Sentiment: CEO Jensen Huang said NVIDIA expects to sell roughly twice as many chips next year, reinforcing the view that hyperscaler and enterprise AI demand is not slowing. The comments directly counter concerns that the AI investment cycle is approaching a peak. Jensen Huang says Nvidia will sell twice as many chips next year
• Positive Sentiment: Customer and ecosystem activity provided additional validation: CoreWeave deployed multi-rack NVIDIA Vera Rubin clusters, while ASUS and Poesis demonstrated autonomous trading agents running locally on NVIDIA-powered systems. These developments expand demand beyond traditional model training into cloud computing, enterprise AI and agentic applications. CoreWeave Boosts Agentic AI With Multi-Rack NVIDIA Vera Rubin Clusters
• Positive Sentiment: NVIDIA’s work with IonQ and Oak Ridge National Laboratory showed generative AI reducing quantum-circuit compilation time from about 11 minutes to 28 seconds. The project highlights CUDA-Q and NVIDIA GPUs as an infrastructure layer for future hybrid quantum-classical computing. IonQ and NVIDIA Just Cracked a Major Quantum Computing Bottleneck
• Positive Sentiment: Reports that Apple is discussing NVIDIA high-speed networking for potential M8 Ultra-based servers suggest NVIDIA can benefit even when customers develop their own AI processors. This supports the company’s strategy of monetizing networking and data-center connectivity in addition to GPUs. Apple Is Quietly Building an AI Advantage Few Expected
• Neutral Sentiment: Shares also benefited from a broader semiconductor and Nasdaq rebound, with AMD and Broadcom among the stronger chip-sector performers. This improves near-term sentiment but is less specific to NVIDIA’s fundamentals. AMD Jumps as Semiconductor Rebound Reaches a Third Session
• Negative Sentiment: Huawei plans to launch two Ascend 960 AI chips in 2027, signaling intensifying competition and potential geopolitical pressure in China. Investors are also monitoring rising memory costs, which could weigh on NVIDIA’s gross margins as demand scales. Huawei Sets 2027 AI Chip Launches to Challenge Nvidia

Analyst Ratings Changes

Several brokerages have recently issued reports on NVDA. Citigroup reiterated a "buy" rating and set a $315.00 price target (up from $300.00) on shares of NVIDIA in a report on Thursday, August 27th. KeyCorp restated an "overweight" rating and set a $330.00 price objective on shares of NVIDIA in a research report on Monday, August 24th. New Street Research reduced their price objective on NVIDIA from $343.00 to $340.00 in a research report on Thursday, May 21st. CICC Research upped their target price on NVIDIA from $240.60 to $268.30 and gave the stock an "outperform" rating in a report on Friday, May 22nd. Finally, Jefferies Financial Group reiterated a "buy" rating on shares of NVIDIA in a research report on Wednesday, August 26th. Three investment analysts have rated the stock with a Strong Buy rating, fifty have issued a Buy rating and two have assigned a Hold rating to the stock. Based on data from MarketBeat, NVIDIA has an average rating of "Buy" and a consensus target price of $324.34.

Insider Buying and Selling at NVIDIA

In related news, EVP Timothy S. Teter sold 30,000 shares of the stock in a transaction on Monday, August 31st. The stock was sold at an average price of $217.88, for a total value of $6,536,400.00. Following the transaction, the executive vice president directly owned 2,687,660 shares in the company, valued at $585,587,360.80. This trade represents a 1.10% decrease in their position. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is available at this link. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Also, Director Mark A. Stevens sold 622,239 shares of NVIDIA stock in a transaction dated Friday, September 4th. The shares were sold at an average price of $231.62, for a total transaction of $144,122,997.18. Following the transaction, the director owned 2,336,531 shares of the company's stock, valued at $541,187,310.22. This represents a 21.03% decrease in their ownership of the stock. The SEC filing for this sale provides additional information. Over the last three months, insiders have sold 1,700,740 shares of company stock worth $385,015,077. 3.94% of the stock is owned by insiders.

NVIDIA Profile

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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