Halter Ferguson Financial Inc. Sells 43,328 Shares of NVIDIA Corporation $NVDA

Key Points

• Halter Ferguson Financial cut its NVIDIA stake by 76.2% in the second quarter, selling 43,328 shares and retaining 13,537 shares valued at approximately $2.7 million. Institutional investors collectively own 65.27% of NVIDIA.
• Analysts remain broadly bullish, with a consensus rating of “Buy” and an average price target of $324.34; several firms recently reiterated or raised their targets.
• NVIDIA reported quarterly EPS of $2.22 and revenue of $96.22 billion, exceeding expectations, while insiders sold $392.7 million of stock over the past 90 days.

Halter Ferguson Financial Inc. cut its stake in shares of NVIDIA Corporation (NASDAQ:NVDA - Free Report) by 76.2% during the 2nd quarter, according to its most recent Form 13F filing with the SEC. The institutional investor owned 13,537 shares of the computer hardware maker's stock after selling 43,328 shares during the period. NVIDIA comprises about 0.4% of Halter Ferguson Financial Inc.'s investment portfolio, making the stock its 18th biggest position. Halter Ferguson Financial Inc.'s holdings in NVIDIA were worth $2,709,000 as of its most recent filing with the SEC.

Other hedge funds have also bought and sold shares of the company. Lummis Asset Management LP increased its position in NVIDIA by 16.1% in the second quarter. Lummis Asset Management LP now owns 497 shares of the computer hardware maker's stock worth $99,000 after buying an additional 69 shares in the last quarter. Wallace Advisory Group LLC raised its position in shares of NVIDIA by 17.3% during the 2nd quarter. Wallace Advisory Group LLC now owns 11,546 shares of the computer hardware maker's stock valued at $2,310,000 after purchasing an additional 1,704 shares during the period. Hardworking Capital Advisors LLC boosted its holdings in NVIDIA by 1.8% in the 2nd quarter. Hardworking Capital Advisors LLC now owns 5,703 shares of the computer hardware maker's stock worth $1,141,000 after buying an additional 100 shares during the period. Lowe Brockenbrough & Co. Inc. boosted its holdings in NVIDIA by 3.0% in the 2nd quarter. Lowe Brockenbrough & Co. Inc. now owns 226,813 shares of the computer hardware maker's stock worth $45,378,000 after buying an additional 6,699 shares during the period. Finally, Carrera Capital Advisors increased its stake in NVIDIA by 27.1% in the 2nd quarter. Carrera Capital Advisors now owns 12,288 shares of the computer hardware maker's stock worth $2,459,000 after buying an additional 2,621 shares in the last quarter. Institutional investors own 65.27% of the company's stock.

Analyst Upgrades and Downgrades

Several research firms recently weighed in on NVDA. Evercore set a $465.00 target price on shares of NVIDIA and gave the company an "outperform" rating in a research note on Thursday, August 27th. DA Davidson reiterated a "buy" rating and issued a $300.00 target price on shares of NVIDIA in a research report on Thursday, August 27th. Tigress Financial restated a "strong-buy" rating and set a $425.00 price target (up from $360.00) on shares of NVIDIA in a report on Wednesday, May 27th. BMO Capital Markets set a $340.00 price objective on NVIDIA and gave the stock an "outperform" rating in a research note on Thursday, August 20th. Finally, KGI Securities increased their price target on shares of NVIDIA from $335.00 to $345.00 in a report on Thursday, August 27th. Three equities research analysts have rated the stock with a Strong Buy rating, fifty have given a Buy rating and two have assigned a Hold rating to the company's stock. According to data from MarketBeat, the stock has an average rating of "Buy" and a consensus price target of $324.34.

Insiders Place Their Bets

In other NVIDIA news, Director Mark A. Stevens sold 622,239 shares of the 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 completion of the sale, the director directly owned 2,336,531 shares of the company's stock, valued at approximately $541,187,310.22. This represents a 21.03% decrease in their ownership of the stock. The transaction was disclosed in a filing with the SEC, which can be accessed through this hyperlink. Also, EVP Timothy S. Teter sold 30,000 shares of NVIDIA stock in a transaction that occurred on Monday, August 31st. The stock was sold at an average price of $217.88, for a total transaction of $6,536,400.00. Following the completion of the transaction, 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 SEC filing for this sale provides additional information. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Insiders sold a total of 1,735,658 shares of company stock worth $392,663,865 over the last 90 days. Company insiders own 3.94% of the company's stock.

NVIDIA Price Performance

NVDA 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. The stock has a market cap of $5.36 trillion, a P/E ratio of 28.10, a PEG ratio of 1.72 and a beta of 2.22. The business has a fifty day moving average of $214.66 and a 200 day moving average of $204.29. NVIDIA Corporation has a 52-week low of $164.27 and a 52-week high of $236.54.

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 the consensus estimate 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 96.04% and a net margin of 63.66%.NVIDIA's revenue was up 105.9% compared to the same quarter last year. During the same quarter in the prior year, the firm earned $1.05 earnings per share. As a group, sell-side analysts anticipate that NVIDIA Corporation will post 9.25 EPS for the current year.

NVIDIA Announces Dividend

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

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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