Impax Asset Management Group plc Purchases 81,671 Shares of NVIDIA Corporation $NVDA

Key Points

• Impax Asset Management increased its NVIDIA position by 81,671 shares in the second quarter, bringing its holdings to 3.72 million shares valued at approximately $744.9 million. NVIDIA now represents 4.8% of Impax’s portfolio and is its second-largest holding.
• Investor sentiment remains broadly positive: NVIDIA has an average “Buy” rating and an average analyst price target of $320.71, while its latest quarterly results exceeded expectations with $2.22 in EPS and $96.22 billion in revenue, up 105.9% year over year.
• NVIDIA authorized a $150 billion share repurchase program, but investors are also monitoring risks including insider selling, export controls, potential AI infrastructure financing concerns and competition from customers developing their own chips.

Impax Asset Management Group plc lifted its holdings in shares of NVIDIA Corporation (NASDAQ:NVDA - Free Report) by 2.2% in the second quarter, according to its most recent 13F filing with the SEC. The institutional investor owned 3,722,756 shares of the computer hardware maker's stock after buying an additional 81,671 shares during the period. NVIDIA comprises about 4.8% of Impax Asset Management Group plc's portfolio, making the stock its 2nd biggest holding. Impax Asset Management Group plc's holdings in NVIDIA were worth $744,886,000 at the end of the most recent quarter.

A number of other institutional investors and hedge funds have also bought and sold shares of NVDA. Lifetime Wealth Management P.C. bought a new position in shares of NVIDIA during the fourth quarter valued at $26,000. Longview Financial Advisors Inc. acquired a new position in NVIDIA during the first quarter worth $27,000. Langley Wealth Management LLC bought a new stake in NVIDIA during the 2nd quarter worth approximately $34,000. Phillip James Consulting Co. bought a new stake in shares of NVIDIA in the 1st quarter worth $40,000. Finally, Frankly Finances LLC bought a new position in shares of NVIDIA in the second quarter valued at approximately $60,000. Institutional investors and hedge funds own 65.27% of the company's stock.

NVIDIA News Summary

Here are the key news stories impacting NVIDIA this week:

• Positive Sentiment: Morgan Stanley named NVIDIA its top semiconductor pick, maintaining an Overweight rating and setting a $300 price target. The firm believes NVIDIA’s software ecosystem, scale and positioning across AI infrastructure trends give it a durable competitive moat. Morgan Stanley names NVIDIA a top pick
• Positive Sentiment: NVIDIA’s recently announced $150 billion buyback authorization lifts total remaining repurchase capacity to approximately $235 billion. Investors view the plan as a sign of management confidence and a potential source of per-share earnings support. NVIDIA buyback analysis
• Positive Sentiment: Analysts continue to raise expectations for hyperscaler spending, with Barclays estimating NVIDIA could generate $401 billion in hyperscaler revenue in 2027. CoreWeave’s launch of the Vera Rubin platform and additional enterprise customers also supports demand for NVIDIA’s next-generation systems. Barclays hyperscaler revenue estimate
• Neutral Sentiment: The broader semiconductor and technology complex is attracting buying interest as AI investment remains a major market leadership theme. However, NVIDIA’s valuation and substantial market concentration leave the stock sensitive to interest rates, economic data and shifts in institutional positioning.
• Negative Sentiment: Investors are monitoring reports that Amazon may move roughly $8 billion of NVIDIA chips off its balance sheet through leasing or financing structures. While this could improve customer flexibility, it adds scrutiny around AI infrastructure financing and so-called circular transactions. Amazon NVIDIA chip balance-sheet report
• Negative Sentiment: Export-control concerns remain a headline risk after prosecutors alleged a California man helped smuggle approximately $300 million of NVIDIA chips to China. Separately, Michael Burry warned that GPU depreciation could undermine the economics of the AI infrastructure boom, while Alphabet’s growing use of internally designed chips represents a longer-term competitive threat. NVIDIA chip smuggling prosecution

Analyst Ratings Changes

Several brokerages have weighed in on NVDA. Sanford C. Bernstein reissued a "buy" rating on shares of NVIDIA in a report on Monday, September 21st. JPMorgan Chase & Co. increased their target price on shares of NVIDIA from $280.00 to $320.00 and gave the stock an "overweight" rating in a research report on Thursday, August 27th. The Goldman Sachs Group reaffirmed a "buy" rating on shares of NVIDIA in a report on Thursday, September 10th. DZ Bank reaffirmed a "buy" rating on shares of NVIDIA in a report on Wednesday, August 26th. Finally, Stifel Nicolaus set a $315.00 target price on shares of NVIDIA in a report on Thursday, August 27th. Four equities research analysts have rated the stock with a Strong Buy rating, fifty have given a Buy rating and one has issued a Hold rating to the company. Based on data from MarketBeat, the stock currently has an average rating of "Buy" and an average price target of $320.71.

NVIDIA Stock Performance

NASDAQ NVDA opened at $233.95 on Monday. NVIDIA Corporation has a twelve month low of $164.27 and a twelve month high of $237.88. 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's 50 day moving average is $218.74 and its 200 day moving average is $207.65. The firm has a market capitalization of $5.64 trillion, a PE ratio of 29.58, a P/E/G ratio of 1.81 and a beta of 2.22.

NVIDIA (NASDAQ:NVDA - Get Free Report) last posted its quarterly earnings results on Wednesday, August 26th. The computer hardware maker reported $2.22 EPS for the quarter, beating analysts' consensus estimates 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 analysts' expectations of $92.27 billion. During the same quarter in the prior 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. Research analysts forecast that NVIDIA Corporation will post 9.25 earnings per share for the current fiscal year.

NVIDIA Announces Dividend

The company also recently disclosed a quarterly dividend, which was paid on Thursday, October 1st. Stockholders of record on Thursday, September 10th were given a dividend of $0.25 per share. The ex-dividend date was 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 presently 12.64%.

NVIDIA announced that its Board of Directors has approved a stock repurchase plan on Monday, September 28th that allows the company to buyback $150.00 billion in shares. This buyback authorization allows the computer hardware maker to purchase up to 2.8% of its stock through open market purchases. Stock buyback plans are generally an indication that the company's management believes its stock is undervalued.

Insider Activity at NVIDIA

In other NVIDIA news, Director Mark A. Stevens sold 622,239 shares of the company's stock in a transaction on Friday, September 4th. The stock was sold at an average price of $231.62, for a total value of $144,122,997.18. Following the completion of the sale, the director directly owned 2,336,531 shares in the company, valued at approximately $541,187,310.22. This represents a 21.03% decrease in their position. The sale was disclosed in a filing with the Securities & Exchange Commission, which can be accessed through this hyperlink. Also, EVP Timothy S. Teter sold 30,460 shares of the company's stock in a transaction on Monday, September 21st. The stock was sold at an average price of $222.80, for a total value of $6,786,488.00. Following the sale, the executive vice president owned 2,687,660 shares of the company's stock, valued at $598,810,648. This trade represents a 1.12% decrease in their ownership of the stock. The SEC filing for this sale provides additional information. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Over the last ninety days, insiders sold 1,766,118 shares of company stock valued at $399,450,353. 3.94% of the stock is owned by corporate insiders.

NVIDIA Company Profile

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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