J. L. Bainbridge & Co. Inc. Has $39.66 Million Stake in NVIDIA Corporation $NVDA

Key Points

• J. L. Bainbridge & Co. increased its NVIDIA stake by 33.8% in the second quarter, bringing its holdings to 198,236 shares valued at approximately $39.66 million. Institutional investors collectively own 65.27% of NVIDIA.
• NVIDIA reported quarterly EPS of $2.22 and revenue of $96.22 billion, exceeding analyst expectations, while revenue surged 105.9% year over year. Analysts maintain a consensus “Buy” rating with an average price target of $324.34.
• The company authorized an $80 billion share-repurchase program and declared a $0.25 quarterly dividend, but insiders have sold more than 2.58 million shares over the past 90 days, highlighting a potential sentiment risk.

J. L. Bainbridge & Co. Inc. boosted its position in shares of NVIDIA Corporation (NASDAQ:NVDA - Free Report) by 33.8% during the 2nd quarter, according to the company in its most recent filing with the SEC. The institutional investor owned 198,236 shares of the computer hardware maker's stock after buying an additional 50,055 shares during the quarter. NVIDIA makes up approximately 3.1% of J. L. Bainbridge & Co. Inc.'s holdings, making the stock its 14th largest holding. J. L. Bainbridge & Co. Inc.'s holdings in NVIDIA were worth $39,665,000 as of its most recent filing with the SEC.

Other hedge funds have also recently bought and sold shares of the company. Defender Capital LLC. boosted its holdings in NVIDIA by 0.7% in the second quarter. Defender Capital LLC. now owns 7,534 shares of the computer hardware maker's stock valued at $1,507,000 after acquiring an additional 50 shares during the last quarter. Spectrum Financial Alliance Ltd LLC raised its holdings in NVIDIA by 3.8% during the 1st quarter. Spectrum Financial Alliance Ltd LLC now owns 1,395 shares of the computer hardware maker's stock worth $243,000 after purchasing an additional 51 shares during the last quarter. PFS Partners LLC lifted its position in NVIDIA by 1.2% during the 2nd quarter. PFS Partners LLC now owns 4,375 shares of the computer hardware maker's stock valued at $875,000 after purchasing an additional 51 shares during the period. LMG Wealth Partners LLC lifted its position in NVIDIA by 0.7% during the 4th quarter. LMG Wealth Partners LLC now owns 7,649 shares of the computer hardware maker's stock valued at $1,427,000 after purchasing an additional 53 shares during the period. Finally, Vision Financial Markets LLC boosted its stake in shares of NVIDIA by 1.2% in the 3rd quarter. Vision Financial Markets LLC now owns 4,640 shares of the computer hardware maker's stock valued at $866,000 after purchasing an additional 53 shares during the last quarter. 65.27% of the stock is currently owned by institutional investors.

NVIDIA Stock Performance

NVDA opened at $218.29 on Friday. The company has a debt-to-equity ratio of 0.14, a quick ratio of 3.85 and a current ratio of 4.59. NVIDIA Corporation has a 52-week low of $164.27 and a 52-week high of $236.54. The firm has a market cap of $5.26 trillion, a P/E ratio of 27.60, a price-to-earnings-growth ratio of 1.71 and a beta of 2.22. The business's fifty day moving average is $213.29 and its 200-day moving average is $203.33.

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 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 quarter in the previous year, the firm earned $1.05 earnings per share. NVIDIA's revenue for the quarter was up 105.9% compared to the same quarter last year. Sell-side analysts expect that NVIDIA Corporation will post 9.12 EPS for the current fiscal year.

NVIDIA Announces Dividend

The company also recently announced a quarterly dividend, which will be paid on Thursday, October 1st. Stockholders of record on Thursday, September 10th will be given a $0.25 dividend. The ex-dividend date is Thursday, September 10th. This represents a $1.00 annualized dividend and a dividend yield of 0.5%. NVIDIA's payout ratio is presently 12.64%.

NVIDIA announced that its Board of Directors has authorized a share repurchase plan on Wednesday, May 20th that authorizes the company to repurchase $80.00 billion in outstanding shares. This repurchase authorization authorizes the computer hardware maker to buy up to 1.5% of its stock through open market purchases. Stock repurchase plans are usually a sign that the company's board of directors believes its stock is undervalued.

Analysts Set New Price Targets

NVDA has been the subject of several analyst reports. Needham & Company LLC reiterated a "buy" rating and set a $300.00 price target on shares of NVIDIA in a research report on Friday, September 4th. Tigress Financial reaffirmed a "strong-buy" rating and issued a $425.00 price objective (up from $360.00) on shares of NVIDIA in a research note on Wednesday, May 27th. Royal Bank Of Canada lifted their target price on shares of NVIDIA from $300.00 to $330.00 and gave the stock an "outperform" rating in a report on Thursday, August 27th. CICC Research increased their price target on NVIDIA from $240.60 to $268.30 and gave the company an "outperform" rating in a research note on Friday, May 22nd. Finally, DA Davidson restated a "buy" rating and issued a $300.00 price target on shares of NVIDIA 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 given a Hold rating to the stock. According to MarketBeat, NVIDIA currently has a consensus rating of "Buy" and a consensus target price of $324.34.

Insider Buying and Selling

In other NVIDIA news, Director Mark Stevens sold 622,239 shares of the firm'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 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 position. The sale was disclosed in a document filed with the SEC, which can be accessed through the SEC website. Also, EVP Timothy Teter sold 30,000 shares of NVIDIA stock in a transaction 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 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. 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. In the last ninety days, insiders have sold 2,585,740 shares of company stock valued at $571,015,527. 3.94% of the stock is currently owned by insiders.

Key NVIDIA News

Here are the key news stories impacting NVIDIA this week:

• Positive Sentiment: Analyst upgrade and growth outlook: Piper Sandler upgraded NVIDIA to “strong buy,” while CEO Jensen Huang reiterated expectations for roughly 70% revenue growth next year and a potential $3 trillion–$4 trillion AI market by 2030. Erste Group also raised its FY2027 EPS estimate to $9.23 from $9.00. NVIDIA analyst upgrade Jensen Huang growth outlook
• Positive Sentiment: Evidence of sustained chip demand: TSMC reported August revenue growth of 53.3% year over year, signaling continued orders for AI accelerators and advanced packaging. The data supports NVIDIA’s view that hyperscaler and enterprise AI infrastructure spending remains strong. TSMC August revenue
• Positive Sentiment: Infrastructure expansion and partnerships: NVIDIA is working with Australian cloud and data-center companies on up to 2 gigawatts of AI-factory capacity by 2027. Its collaborations with Palantir on sovereign AI supply chains and d-Matrix on chip-linking technology further expand the CUDA-based ecosystem and potential future demand. NVIDIA Australia AI infrastructure d-Matrix partnership
• Neutral Sentiment: Valuation remains the central debate: Investors are weighing NVIDIA’s exceptional growth, profitability and AI leadership against a very high market capitalization and the possibility that optimistic forecasts are already reflected in the stock. Analysts continue to compare NVIDIA with Broadcom and AMD as custom silicon competition develops. NVIDIA valuation debate
• Negative Sentiment: Regulatory and sentiment risks: The Justice Department is reportedly examining NVIDIA’s licensing arrangement with Groq for possible antitrust concerns. In addition, insiders have reported substantial selling with no purchases in the past six months, while higher oil prices and Treasury yields have pressured high-growth technology shares. DOJ Groq investigation NVIDIA insider sales

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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