Hilton Capital Management LLC lifted its position in shares of NVIDIA Corporation (NASDAQ:NVDA - Free Report) by 61.6% in the second quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The fund owned 219,766 shares of the computer hardware maker's stock after acquiring an additional 83,736 shares during the quarter. NVIDIA makes up about 3.0% of Hilton Capital Management LLC's investment portfolio, making the stock its 6th largest position. Hilton Capital Management LLC's holdings in NVIDIA were worth $43,973,000 at the end of the most recent reporting period.
Other hedge funds have also added to or reduced their stakes in the company. Lifetime Wealth Management P.C. acquired a new position in shares of NVIDIA in the 4th quarter valued at $26,000. Longview Financial Advisors Inc. acquired a new stake in NVIDIA during the 1st quarter worth $27,000. Phillip James Consulting Co. bought a new position in NVIDIA during the first quarter worth about $40,000. Syntax Research Inc. lifted its holdings in NVIDIA by 62.5% during the fourth quarter. Syntax Research Inc. now owns 260 shares of the computer hardware maker's stock worth $49,000 after acquiring an additional 100 shares in the last quarter. Finally, Frankly Finances LLC acquired a new position in NVIDIA in the second quarter valued at about $60,000. Institutional investors own 65.27% of the company's stock.
Analyst Ratings Changes
Several equities analysts recently issued reports on NVDA shares. Evercore set a $465.00 price objective on NVIDIA and gave the company an "outperform" rating in a research report on Thursday, August 27th. Morgan Stanley set a $300.00 price target on shares of NVIDIA and gave the company an "overweight" rating in a report on Thursday, August 27th. Deutsche Bank Aktiengesellschaft reissued a "buy" rating on shares of NVIDIA in a research report on Monday, August 31st. The Goldman Sachs Group restated a "buy" rating on shares of NVIDIA in a report on Thursday, September 10th. Finally, Oppenheimer set a $315.00 price objective on shares of NVIDIA and gave the company an "outperform" rating in a research report on Thursday, August 27th. Three 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 stock. According to data from MarketBeat.com, NVIDIA has a consensus rating of "Buy" and a consensus price target of $324.34.
Get Our Latest Analysis on NVIDIA
Insider Buying and Selling at NVIDIA
In other NVIDIA news, CFO Colette Kress sold 34,918 shares of the firm's stock in a transaction that occurred 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 owned 765,103 shares in the company, valued at $167,595,812.15. This trade represents a 4.36% decrease in their ownership of the stock. The sale was disclosed in a filing with the SEC, which is available at this link. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Also, Director Mark Stevens sold 622,239 shares of the firm's stock in a transaction on Friday, September 4th. The shares were sold at an average price of $231.62, for a total value of $144,122,997.18. Following the sale, the director directly owned 2,336,531 shares in the company, valued at approximately $541,187,310.22. This trade represents a 21.03% decrease in their position. The SEC filing for this sale provides additional information. Insiders have sold 1,735,658 shares of company stock worth $392,663,865 over the last quarter. Corporate insiders own 3.94% of the company's stock.
NVIDIA Stock Up 0.7%
NVIDIA stock opened at $228.87 on Wednesday. The stock has a market cap of $5.52 trillion, a P/E ratio of 28.93, a P/E/G ratio of 1.76 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 Corporation has a twelve month low of $164.27 and a twelve month high of $236.54. The company's 50-day moving average price is $215.47 and its two-hundred day moving average price is $205.09.
NVIDIA (NASDAQ:NVDA - Get Free Report) last released its earnings results on Wednesday, August 26th. The computer hardware maker reported $2.22 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 firm had revenue of $96.22 billion for the quarter, compared to analyst estimates of $92.27 billion. During the same period last year, the firm earned $1.05 EPS. The business's quarterly revenue was up 105.9% compared to the same quarter last year. As a group, analysts expect that NVIDIA Corporation will post 9.25 EPS for the current year.
NVIDIA Announces Dividend
The business also recently disclosed a quarterly dividend, which will be paid on Thursday, October 1st. Investors of record on Thursday, September 10th will be paid a $0.25 dividend. The ex-dividend date of this dividend is Thursday, September 10th. This represents a $1.00 annualized dividend and a yield of 0.4%. NVIDIA's dividend payout ratio is presently 12.64%.
Key Headlines Impacting NVIDIA
Here are the key news stories impacting NVIDIA this week:
- Positive Sentiment: CEO Jensen Huang pushed back against AI “doomsday” scenarios and argued that existing laws are sufficient, helping ease concerns that overly restrictive regulation could slow AI deployment. Nvidia’s Jensen Huang rejects AI doomsday fears
- Positive Sentiment: Analysts and financial commentators continue to highlight NVIDIA’s earnings momentum, broad AI hardware and networking portfolio, and projected long-term demand. Zacks restored the stock to a Rank #1 “Strong Buy,” while another report cited potential upside from positive earnings revisions. Bull of the Day: NVIDIA Corp.
- Positive Sentiment: Potentially improved access to China is a major catalyst. NVIDIA’s latest forecast reportedly assumes no data-center compute sales to China, leaving upside if the upcoming Trump-Xi discussions lead to licenses or expanded chip shipments. Nvidia’s forecast assumes no data center chip sales to China
- Positive Sentiment: New ecosystem initiatives reinforce NVIDIA’s expansion beyond GPUs. QAD | Redzone plans to integrate NVIDIA technology into manufacturing intelligence, while NVIDIA’s reported roughly $12.9 billion Hugging Face acquisition would add a major developer, model and dataset ecosystem. QAD Redzone Accelerates Manufacturing Intelligence with NVIDIA
- Neutral Sentiment: Investors are increasingly focused on AI infrastructure bottlenecks such as high-bandwidth memory, optical networking, power and cooling. Rising component costs could pressure NVIDIA’s margins, but may also validate demand and strengthen the position of critical suppliers such as Micron, Coherent and Lumentum. NVIDIA just named AI’s next bottleneck
- Negative Sentiment: AMD’s rapid advance is intensifying competitive pressure. Large OpenAI and Oracle commitments, rising data-center revenue and potential pricing power suggest hyperscalers are diversifying away from a single accelerator supplier. AMD chips away at NVIDIA’s AI throne
- Negative Sentiment: Other reports warn that higher interest rates, concentrated AI revenue, expensive infrastructure financing and persistent bubble concerns could weigh on NVIDIA’s richly valued shares. NVIDIA also missed the strongest portion of a Meta-driven chip rally, underscoring lingering growth expectations.
NVIDIA Company Profile
(
Free Report)
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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