Lazari Capital Management Inc. Raises Stock Position in NVIDIA Corporation $NVDA

Key Points

• Lazari Capital Management increased its NVIDIA stake by 8.4% in the second quarter, bringing its holdings to 101,514 shares worth approximately $20.3 million. NVIDIA now represents 6.3% of the fund’s portfolio and is its third-largest position.
• Other institutional investors also added to NVIDIA, and institutional ownership stands at 65.27%. The company recently reported $96.22 billion in quarterly revenue, up 105.9% year over year, and exceeded analysts’ earnings expectations.
• Analysts maintain a bullish outlook, with a consensus “Buy” rating and a $324.34 price target versus the reported $218.29 share price. NVIDIA also authorized an $80 billion share repurchase program, while insider selling totaled roughly $571 million over the past 90 days.

Lazari Capital Management Inc. lifted its holdings in shares of NVIDIA Corporation (NASDAQ:NVDA - Free Report) by 8.4% in the second quarter, according to the company in its most recent filing with the Securities and Exchange Commission (SEC). The fund owned 101,514 shares of the computer hardware maker's stock after buying an additional 7,850 shares during the period. NVIDIA comprises 6.3% of Lazari Capital Management Inc.'s holdings, making the stock its 3rd largest position. Lazari Capital Management Inc.'s holdings in NVIDIA were worth $20,312,000 as of its most recent SEC filing.

Several other hedge funds also recently modified their holdings of the stock. Beaumont Asset Management L.L.C. raised its holdings in NVIDIA by 78.7% during the second quarter. Beaumont Asset Management L.L.C. now owns 4,757 shares of the computer hardware maker's stock worth $952,000 after acquiring an additional 2,095 shares in the last quarter. Retireful LLC boosted its position in NVIDIA by 5.0% during the second quarter. Retireful LLC now owns 1,738 shares of the computer hardware maker's stock valued at $348,000 after purchasing an additional 82 shares during the last quarter. Marathon Capital Management grew its stake in NVIDIA by 91.5% in the second quarter. Marathon Capital Management now owns 11,415 shares of the computer hardware maker's stock valued at $2,284,000 after purchasing an additional 5,455 shares in the last quarter. Hopwood Financial Services Inc. bought a new position in NVIDIA in the second quarter valued at approximately $237,000. Finally, Atlatl Advisers LLC grew its stake in NVIDIA by 0.6% in the second quarter. Atlatl Advisers LLC now owns 12,677 shares of the computer hardware maker's stock valued at $2,537,000 after purchasing an additional 78 shares in the last quarter. Institutional investors own 65.27% of the company's stock.

NVIDIA Stock Down 0.0%

NVDA opened at $218.29 on Friday. The stock has a fifty day moving average of $213.29 and a 200-day moving average of $203.33. The company has a market capitalization of $5.26 trillion, a P/E ratio of 27.60, a P/E/G ratio of 1.71 and a beta of 2.22. NVIDIA Corporation has a fifty-two week low of $164.27 and a fifty-two week high of $236.54. 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 (NASDAQ:NVDA - Get Free Report) last released its quarterly 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 business had revenue of $96.22 billion for the quarter, compared to the consensus estimate of $92.27 billion. During the same period in the prior year, the company posted $1.05 earnings per share. NVIDIA's revenue was up 105.9% compared to the same quarter last year. On average, equities analysts expect that NVIDIA Corporation will post 9.12 EPS for the current year.

NVIDIA declared that its Board of Directors has approved a share buyback program 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 programs are usually a sign that the company's board believes its shares are undervalued.

NVIDIA Announces Dividend

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

Insider Activity at NVIDIA

In other news, Director Mark Stevens sold 885,000 shares of NVIDIA stock in a transaction that occurred on Thursday, June 18th. The shares were sold at an average price of $210.17, for a total value of $186,000,450.00. Following the completion of the sale, the director directly owned 5,207,271 shares in the company, valued at approximately $1,094,412,146.07. The trade was a 14.53% decrease in their ownership of the stock. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is accessible through this link. Also, EVP Timothy Teter sold 30,000 shares of the business's stock in a transaction that occurred 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 sale, the executive vice president owned 2,687,660 shares of the company's stock, valued at approximately $585,587,360.80. This trade represents a 1.10% decrease in their ownership of the stock. The disclosure for this sale is available in the SEC filing. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Insiders have sold 2,585,740 shares of company stock worth $571,015,527 over the last ninety days. Insiders own 3.94% of the company's stock.

Analyst Ratings Changes

A number of brokerages have recently issued reports on NVDA. Sanford C. Bernstein reiterated an "outperform" rating and set a $400.00 price objective (up from $315.00) on shares of NVIDIA in a research note on Thursday, August 27th. Wells Fargo & Company reissued an "overweight" rating and issued a $315.00 target price on shares of NVIDIA in a research note on Tuesday, August 11th. Citigroup restated a "buy" rating and set a $315.00 target price (up from $300.00) on shares of NVIDIA in a report on Thursday, August 27th. DZ Bank reaffirmed a "buy" rating on shares of NVIDIA in a research report on Wednesday, August 26th. Finally, BMO Capital Markets set a $340.00 price target on shares of NVIDIA and gave the company an "outperform" rating in a research note on Thursday, August 20th. Three analysts have rated the stock with a Strong Buy rating, fifty have given a Buy rating and two have issued a Hold rating to the stock. According to MarketBeat, the company currently has a consensus rating of "Buy" and a consensus price target of $324.34.

NVIDIA News Summary

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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