Galaxy Digital Capital Management GP LLC Acquires New Holdings in NVIDIA Corporation $NVDA

Key Points

• Galaxy Digital Capital Management acquired 27,341 NVIDIA shares worth approximately $5.47 million, making NVIDIA its fifth-largest holding at 2.7% of its portfolio. Institutional investors collectively own 65.27% of the stock.
• NVIDIA reported quarterly EPS of $2.22 and revenue of $96.22 billion, exceeding analyst estimates, with revenue up 105.9% year over year. The company also authorized a $150 billion share buyback and pays a quarterly dividend of $0.25 per share.
• Analysts maintain a broadly bullish view, with a consensus “Buy” rating and average price target of $321.89. However, insiders sold 1.77 million shares worth about $399.5 million over the past 90 days.

Galaxy Digital Capital Management GP LLC acquired a new stake in NVIDIA Corporation (NASDAQ:NVDA - Free Report) in the 2nd quarter, according to its most recent filing with the SEC. The fund acquired 27,341 shares of the computer hardware maker's stock, valued at approximately $5,471,000. NVIDIA accounts for about 2.7% of Galaxy Digital Capital Management GP LLC's investment portfolio, making the stock its 5th biggest holding.

A number of other large investors have also bought and sold shares of the business. Boyd Wealth Management LLC grew its stake in NVIDIA by 273.4% in the second quarter. Boyd Wealth Management LLC now owns 9,145 shares of the computer hardware maker's stock valued at $1,830,000 after purchasing an additional 6,696 shares in the last quarter. Ally Financial Inc. increased its position in shares of NVIDIA by 10.3% during the 2nd quarter. Ally Financial Inc. now owns 172,000 shares of the computer hardware maker's stock worth $34,415,000 after purchasing an additional 16,000 shares during the last quarter. Altshuler Shaham Ltd raised its stake in shares of NVIDIA by 6,451.9% during the 1st quarter. Altshuler Shaham Ltd now owns 637,236 shares of the computer hardware maker's stock worth $111,134,000 after purchasing an additional 627,510 shares in the last quarter. Storen Legacy Partners LLC bought a new stake in shares of NVIDIA during the 4th quarter worth approximately $1,350,000. Finally, Baker Tilly Wealth Management LLC raised its stake in shares of NVIDIA by 7.4% during the 2nd quarter. Baker Tilly Wealth Management LLC now owns 71,898 shares of the computer hardware maker's stock worth $14,386,000 after purchasing an additional 4,958 shares in the last quarter. 65.27% of the stock is owned by institutional investors.

NVIDIA Trading Down 0.5%

NASDAQ NVDA opened at $229.28 on Friday. The firm has a market capitalization of $5.53 trillion, a PE ratio of 28.99, a price-to-earnings-growth ratio of 1.77 and a beta of 2.22. The business's 50-day moving average price is $222.66 and its two-hundred day moving average price is $209.43. The company has a current ratio of 4.59, a quick ratio of 3.85 and a debt-to-equity ratio of 0.14. NVIDIA Corporation has a 12 month low of $164.27 and a 12 month high of $243.37.

NVIDIA (NASDAQ:NVDA - Get Free Report) last issued 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 during the quarter, compared to the consensus estimate of $92.27 billion. NVIDIA had a return on equity of 96.04% and a net margin of 63.66%. The firm's revenue was up 105.9% compared to the same quarter last year. During the same period last year, the company earned $1.05 earnings per share. On average, analysts expect that NVIDIA Corporation will post 9.25 EPS for the current year.

NVIDIA announced that its Board of Directors has approved a share buyback plan on Monday, September 28th that permits the company to buy back $150.00 billion in outstanding shares. This buyback authorization permits the computer hardware maker to purchase up to 2.8% of its shares through open market purchases. Share buyback plans are often an indication that the company's board believes its shares are undervalued.

NVIDIA Announces Dividend

The company also recently announced 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. This represents a $1.00 dividend on an annualized basis and a yield of 0.4%. The ex-dividend date of this dividend was Thursday, September 10th. NVIDIA's dividend payout ratio is currently 12.64%.

Key Stories Impacting NVIDIA

Here are the key news stories impacting NVIDIA this week:

• Positive Sentiment: AI infrastructure demand remains robust. TSMC reported third-quarter revenue growth of 50%, while analysts cited continued hyperscaler spending and projected U.S. data-center capital expenditures of roughly $2 trillion next year—supportive of NVIDIA’s accelerator demand. NVIDIA AI spending outlook
• Positive Sentiment: SpaceX reportedly plans to raise as much as $40 billion to purchase NVIDIA AI chips, highlighting the scale of demand from emerging AI customers. NVIDIA also committed $1 billion over five years to U.S. scientific research in areas including quantum computing, healthcare and energy security. SpaceX NVIDIA chip purchase report
• Neutral Sentiment: Options activity is mixed: a large bullish trade suggests some investors expect further gains, but heavier put buying in the semiconductor ETF indicates increased hedging and caution across the chip sector. Technical analysts also see resistance near $235 and potential support around $215–$220. NVIDIA and semiconductor options activity
• Negative Sentiment: Investors remain concerned that AI spending may be debt-funded and approaching a peak. The withdrawal of NVIDIA-backed Firmus Grid’s proposed multibillion-dollar IPO, alongside reports that OpenAI’s annualized revenue was below earlier expectations, has raised questions about AI infrastructure valuations and customer funding. Firmus IPO withdrawal
• Negative Sentiment: Leadership and governance headlines add limited uncertainty: NVIDIA’s head of corporate communications left after roughly four months, while a legal challenge to the company’s Groq technology transaction could create additional execution and reputational risk. NVIDIA communications chief departure

Insider Buying and Selling at NVIDIA

In other news, CFO Colette Kress sold 34,918 shares of the company's stock in a transaction 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 sale, the chief financial officer directly owned 765,103 shares of the company's stock, valued at approximately $167,595,812.15. This represents a 4.36% decrease in their position. The transaction was disclosed in a document filed with the SEC, which is available through the SEC website. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Also, Director Mark A. 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 sale, the director owned 2,336,531 shares of the company's stock, valued at approximately $541,187,310.22. This trade represents a 21.03% decrease in their ownership of the stock. The SEC filing for this sale provides additional information. In the last 90 days, insiders sold 1,766,118 shares of company stock valued at $399,450,353. 3.94% of the stock is currently owned by company insiders.

Analyst Upgrades and Downgrades

Several equities research analysts have recently commented on NVDA shares. KGI Securities increased their price objective on NVIDIA from $335.00 to $345.00 in a report on Thursday, August 27th. Raymond James Financial set a $515.00 target price on shares of NVIDIA and gave the stock a "strong-buy" rating in a report on Thursday, August 27th. Needham & Company LLC restated a "buy" rating and set a $300.00 target price on shares of NVIDIA in a report on Friday, September 4th. Benchmark reaffirmed a "buy" rating and set a $335.00 price target on shares of NVIDIA in a research report on Thursday, August 27th. Finally, Stifel Nicolaus set a $315.00 price target on shares of NVIDIA in a research note on Thursday, August 27th. Five equities research analysts have rated the stock with a Strong Buy rating, forty-nine have given a Buy rating and one has given a Hold rating to the company's stock. Based on data from MarketBeat, the stock currently has a consensus rating of "Buy" and an average price target of $321.89.

About NVIDIA

NVIDIA Corporation is a technology company that designs accelerated computing platforms, graphics processing units (GPUs), central processing units (CPUs), networking products and related software. Its technologies are used in artificial intelligence, data centers, scientific and technical computing, gaming, professional visualization, automotive systems and robotics.

The company's products include GeForce GPUs and gaming software, data center computing platforms, networking solutions, and enterprise software for AI development and deployment.

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