Fortis Group Advisors LLC Cuts Position in NVIDIA Corporation $NVDA

Key Points

• Fortis Group Advisors reduced its NVIDIA position by 12.2% in the second quarter, selling 3,536 shares and retaining 25,503 shares valued at approximately $5.1 million. Institutional investors and hedge funds collectively own 65.27% of NVIDIA.
• NVIDIA reported quarterly EPS of $2.22 and revenue of $96.22 billion, exceeding analyst estimates, while revenue surged 105.9% year over year. Management’s expectation of roughly doubling chip sales next year continues to support the company’s strong AI-growth outlook.
• Wall Street remains broadly bullish, with a consensus “Buy” rating and an average price target of $324.34 versus the reported share price of $222.27. Investors nevertheless face risks from competition, potential AI-spending deceleration, rising memory costs and the stock’s elevated valuation.

Fortis Group Advisors LLC decreased its holdings in NVIDIA Corporation (NASDAQ:NVDA - Free Report) by 12.2% in the second quarter, according to its most recent filing with the Securities and Exchange Commission. The firm owned 25,503 shares of the computer hardware maker's stock after selling 3,536 shares during the quarter. NVIDIA accounts for about 0.8% of Fortis Group Advisors LLC's holdings, making the stock its 28th largest holding. Fortis Group Advisors LLC's holdings in NVIDIA were worth $5,103,000 as of its most recent SEC filing.

Several other institutional investors also recently bought and sold shares of NVDA. Farmers & Merchants Trust Co of Chambersburg PA lifted its stake in shares of NVIDIA by 0.6% in the second quarter. Farmers & Merchants Trust Co of Chambersburg PA now owns 43,659 shares of the computer hardware maker's stock worth $8,736,000 after buying an additional 253 shares in the last quarter. Wealth Advisory Solutions LLC lifted its stake in NVIDIA by 1.3% in the 2nd quarter. Wealth Advisory Solutions LLC now owns 7,934 shares of the computer hardware maker's stock worth $1,588,000 after purchasing an additional 100 shares in the last quarter. DHJJ Financial Advisors Ltd. boosted its holdings in shares of NVIDIA by 1.0% during the 2nd quarter. DHJJ Financial Advisors Ltd. now owns 9,160 shares of the computer hardware maker's stock worth $1,833,000 after purchasing an additional 87 shares during the last quarter. BridgePort Financial Solutions LLC grew its position in shares of NVIDIA by 6.5% in the second quarter. BridgePort Financial Solutions LLC now owns 35,782 shares of the computer hardware maker's stock valued at $7,160,000 after purchasing an additional 2,172 shares in the last quarter. Finally, Quaker Wealth Management LLC grew its position in shares of NVIDIA by 2.8% in the second quarter. Quaker Wealth Management LLC now owns 3,016 shares of the computer hardware maker's stock valued at $603,000 after purchasing an additional 81 shares in the last quarter. 65.27% of the stock is owned by institutional investors and hedge funds.

NVIDIA Stock Performance

Shares of NVDA stock opened at $222.27 on Friday. 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 Corporation has a 52 week low of $164.27 and a 52 week high of $236.54. The stock has a market capitalization of $5.36 trillion, a PE ratio of 28.10, a P/E/G ratio of 1.69 and a beta of 2.22. The firm has a 50 day moving average of $214.66 and a two-hundred day moving average of $204.29.

NVIDIA (NASDAQ:NVDA - Get Free Report) last announced its quarterly earnings data on Wednesday, August 26th. The computer hardware maker reported $2.22 EPS for the quarter, topping analysts' consensus estimates 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 during the quarter, compared to the consensus estimate of $92.27 billion. During the same period in the previous year, the company posted $1.05 earnings per share. The business's revenue for the quarter was up 105.9% on a year-over-year basis. On average, research analysts predict that NVIDIA Corporation will post 9.25 EPS for the current fiscal year.

NVIDIA Announces Dividend

The firm also recently announced a quarterly dividend, which will be paid on Thursday, October 1st. Investors of record on Thursday, September 10th will be issued a $0.25 dividend. This represents a $1.00 annualized dividend and a yield of 0.4%. The ex-dividend date of this dividend is Thursday, September 10th. NVIDIA's dividend payout ratio is 12.64%.

Key Headlines 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 expectations that hyperscaler spending on AI data centers remains strong. The forecast includes demand for GPUs, CPUs, networking equipment and complete server racks. Nvidia Chip Sales Could Double Next Year, CEO Jensen Huang Says
• Positive Sentiment: Analysts and market commentators increasingly view NVIDIA as attractively valued relative to its growth. Its scale, diversified AI exposure, high profitability and lower forward valuation multiple give it an advantage over peers such as Credo, while some estimates suggest revenue growth could remain near 70% in fiscal 2028. Credo vs. NVIDIA After Earnings
• Positive Sentiment: AI infrastructure demand is expanding beyond processors into high-bandwidth memory and optical networking. NVIDIA has identified memory and silicon photonics as potential bottlenecks and has committed capital and purchase agreements involving suppliers such as Coherent and Lumentum, signaling sustained demand throughout its supply chain.
• Positive Sentiment: New ecosystem activity supports NVIDIA’s long-term growth narrative. Cloud partner CoreWeave is deploying next-generation Vera Rubin clusters, while NVIDIA-backed Nscale filed for a U.S. IPO. NVIDIA technology is also being used in autonomous trading systems, quantum-computing research and planned enterprise augmented-reality products.
• Neutral Sentiment: Speculative initiatives, including potential orbital data centers with SpaceX and NVIDIA’s quantum-computing software, could create future demand but are unlikely to materially affect near-term revenue.
• Negative Sentiment: Investors remain alert to competition from Huawei’s planned 2027 Ascend chips, possible AI-spending deceleration, rising memory costs that could pressure gross margins, and the effects of higher interest rates. The stock’s elevated valuation and dependence on continued hyperscaler capital expenditure also leave it sensitive to disappointing guidance.

Wall Street Analyst Weigh In

NVDA has been the subject of a number of recent research reports. Benchmark reaffirmed a "buy" rating and issued a $335.00 target price on shares of NVIDIA in a research note on Thursday, August 27th. Citigroup reissued a "buy" rating and issued a $315.00 price objective (up from $300.00) on shares of NVIDIA in a report on Thursday, August 27th. Oppenheimer set a $315.00 price objective on shares of NVIDIA and gave the stock an "outperform" rating in a research report on Thursday, August 27th. Zacks Research downgraded shares of NVIDIA from a "strong-buy" rating to a "hold" rating in a research note on Friday, August 21st. Finally, KeyCorp restated an "overweight" rating and set a $330.00 price target on shares of NVIDIA in a report on Monday, August 24th. Three 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 company's stock. According to MarketBeat, the company presently has a consensus rating of "Buy" and a consensus price target of $324.34.

Insider Activity at NVIDIA

In related news, CFO Colette Kress sold 34,918 shares of the business's stock in a transaction that occurred on Thursday, September 17th. The stock was sold at an average price of $219.05, for a total transaction of $7,648,787.90. Following the completion of the sale, the chief financial officer owned 765,103 shares in the company, valued at $167,595,812.15. The trade was a 4.36% decrease in their ownership of the stock. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is available through the SEC website. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Also, EVP Timothy S. Teter sold 30,000 shares of the company's stock in a transaction that occurred on Monday, August 31st. The shares were sold at an average price of $217.88, for a total value of $6,536,400.00. Following the completion of the transaction, the executive vice president directly owned 2,687,660 shares of the company's stock, valued at $585,587,360.80. This trade represents a 1.10% decrease in their ownership of the stock. 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 1,735,658 shares of company stock valued at $392,663,865 over the last quarter. 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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