Knuff & Co LLC Buys 9,120 Shares of NVIDIA Corporation $NVDA

Key Points

• Knuff & Co. increased its NVIDIA position by 22.6%, purchasing 9,120 additional shares to own 49,535 shares valued at approximately $9.9 million. Institutional investors collectively own 65.27% of the stock.
• Analysts remain broadly bullish, with NVIDIA receiving an average “Buy” rating and a consensus price target of $320.71. The company also exceeded quarterly earnings and revenue expectations, reporting $2.22 in EPS and $96.22 billion in revenue.
• NVIDIA authorized a $150 billion share-repurchase plan and declared a $0.25 quarterly dividend, while insiders sold approximately $399.5 million of stock during the latest quarter.

Knuff & Co LLC raised its position in shares of NVIDIA Corporation (NASDAQ:NVDA - Free Report) by 22.6% in the second quarter, according to its most recent filing with the SEC. The firm owned 49,535 shares of the computer hardware maker's stock after purchasing an additional 9,120 shares during the quarter. NVIDIA makes up approximately 2.5% of Knuff & Co LLC's investment portfolio, making the stock its 12th largest holding. Knuff & Co LLC's holdings in NVIDIA were worth $9,911,000 at the end of the most recent reporting period.

A number of other institutional investors also recently modified their holdings of the company. Denali Advisors LLC raised its stake in NVIDIA by 0.4% during the second quarter. Denali Advisors LLC now owns 219,391 shares of the computer hardware maker's stock worth $43,898,000 after buying an additional 825 shares during the last quarter. Flossbach Von Storch SE increased its holdings in NVIDIA by 506.4% in the second quarter. Flossbach Von Storch SE now owns 1,966,637 shares of the computer hardware maker's stock worth $393,504,000 after purchasing an additional 1,642,337 shares in the last quarter. Freedom Investment Management Inc. lifted its stake in NVIDIA by 17.1% in the second quarter. Freedom Investment Management Inc. now owns 2,051 shares of the computer hardware maker's stock valued at $410,000 after buying an additional 300 shares during the period. Empirical Asset Management LLC lifted its stake in NVIDIA by 27.0% in the second quarter. Empirical Asset Management LLC now owns 49,426 shares of the computer hardware maker's stock valued at $9,890,000 after buying an additional 10,511 shares during the period. Finally, Catalyst Investment Management LLC grew its position in shares of NVIDIA by 14.7% during the 2nd quarter. Catalyst Investment Management LLC now owns 6,292 shares of the computer hardware maker's stock worth $1,259,000 after buying an additional 808 shares during the period. 65.27% of the stock is owned by institutional investors.

Analysts Set New Price Targets

Several research analysts recently issued reports on the stock. Wedbush increased their target price on shares of NVIDIA from $330.00 to $345.00 and gave the stock an "outperform" rating in a research note on Thursday, August 27th. Needham & Company LLC reiterated a "buy" rating and set a $300.00 price objective on shares of NVIDIA in a report on Friday, September 4th. Piper Sandler assumed coverage on shares of NVIDIA in a research report on Wednesday, September 9th. They set an "overweight" rating and a $300.00 price objective on the stock. Sanford C. Bernstein restated a "buy" rating on shares of NVIDIA in a research note on Monday, September 21st. Finally, Wall Street Zen downgraded NVIDIA from a "strong-buy" rating to a "buy" rating in a research note on Saturday, September 26th. Four investment analysts have rated the stock with a Strong Buy rating, fifty have issued a Buy rating and one has issued a Hold rating to the company's stock. According to data from MarketBeat, the stock currently has an average rating of "Buy" and a consensus target price of $320.71.

NVIDIA Trading Up 1.3%

Shares of NVDA opened at $233.95 on Friday. The business's 50-day moving average price is $218.74 and its 200-day moving average price is $207.48. The stock has a market cap of $5.64 trillion, a PE ratio of 29.58, a P/E/G ratio of 1.78 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 $237.88.

NVIDIA (NASDAQ:NVDA - Get Free Report) last released its quarterly earnings results on Wednesday, August 26th. The computer hardware maker reported $2.22 earnings per share for the quarter, topping the consensus estimate of $2.09 by $0.13. The firm had revenue of $96.22 billion for the quarter, compared to analysts' expectations of $92.27 billion. NVIDIA had a net margin of 63.66% and a return on equity of 96.04%. The business's quarterly revenue was up 105.9% on a year-over-year basis. During the same quarter in the prior year, the firm posted $1.05 earnings per share. On average, equities analysts forecast that NVIDIA Corporation will post 9.25 EPS for the current fiscal year.

NVIDIA Announces Dividend

The business 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. The ex-dividend date was Thursday, September 10th. This represents a $1.00 annualized dividend and a yield of 0.4%. NVIDIA's payout ratio is presently 12.64%.

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

Insiders Place Their Bets

In related news, Director Mark A. Stevens sold 622,239 shares of the company'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 completion of the transaction, the director directly owned 2,336,531 shares in the company, valued at approximately $541,187,310.22. The trade was a 21.03% decrease in their ownership of the stock. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which is accessible through the SEC website. Also, CFO Colette Kress sold 34,918 shares of the 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 completion of the transaction, the chief financial officer directly owned 765,103 shares in the company, valued at approximately $167,595,812.15. This represents a 4.36% 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 1,766,118 shares of company stock valued at $399,450,353 in the last quarter. Corporate insiders own 3.94% of the company's stock.

Key NVIDIA News

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

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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