Leuthold Group LLC Has $13.72 Million Stock Holdings in NVIDIA Corporation $NVDA

Key Points

• Leuthold Group increased its NVIDIA position by 51.2% in the second quarter, holding 68,568 shares worth approximately $13.72 million. NVIDIA represented 1.4% of the firm’s portfolio and was its eighth-largest holding.
• NVIDIA reported quarterly earnings of $2.22 per share and revenue of $96.22 billion, exceeding analyst estimates; revenue rose 105.9% year over year. Analysts maintained a consensus “Buy” rating with an average price target of $324.34.
• Despite strong institutional interest, NVIDIA insiders sold substantial shares, including CFO Colette Kress’s $7.65 million sale and director Mark Stevens’s $144.1 million sale. The company also announced a quarterly dividend of $0.25 per share, yielding 0.4% annually.

Leuthold Group LLC increased its position in NVIDIA Corporation (NASDAQ:NVDA - Free Report) by 51.2% during the second quarter, according to the company in its most recent 13F filing with the Securities & Exchange Commission. The firm owned 68,568 shares of the computer hardware maker's stock after acquiring an additional 23,227 shares during the period. NVIDIA makes up 1.4% of Leuthold Group LLC's portfolio, making the stock its 8th biggest position. Leuthold Group LLC's holdings in NVIDIA were worth $13,720,000 at the end of the most recent quarter.

Several other hedge funds have also recently bought and sold shares of NVDA. Lifetime Wealth Management P.C. acquired a new stake in NVIDIA in the 4th quarter valued at approximately $26,000. Longview Financial Advisors Inc. acquired a new position in NVIDIA during the 1st quarter worth $27,000. Phillip James Consulting Co. acquired a new position in NVIDIA during the 1st quarter worth $40,000. Syntax Research Inc. grew its stake in shares of NVIDIA by 62.5% in the fourth quarter. Syntax Research Inc. now owns 260 shares of the computer hardware maker's stock worth $49,000 after purchasing an additional 100 shares in the last quarter. Finally, Frankly Finances LLC bought a new position in shares of NVIDIA in the second quarter worth $60,000. 65.27% of the stock is currently owned by institutional investors.

NVIDIA Trading Up 0.7%

NVIDIA stock opened at $228.87 on Wednesday. The company has a debt-to-equity ratio of 0.14, a quick ratio of 3.85 and a current ratio of 4.59. The firm has a market cap of $5.52 trillion, a price-to-earnings ratio of 28.93, a price-to-earnings-growth ratio of 1.76 and a beta of 2.22. NVIDIA Corporation has a 1 year low of $164.27 and a 1 year high of $236.54. The firm'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 announced its quarterly earnings data 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. The company had revenue of $96.22 billion during the quarter, compared to the consensus estimate of $92.27 billion. NVIDIA had a return on equity of 96.04% and a net margin of 63.66%.The company's quarterly revenue was up 105.9% compared to the same quarter last year. During the same quarter in the prior year, the firm earned $1.05 EPS. On average, research analysts predict 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 will be paid on Thursday, October 1st. Stockholders of record on Thursday, September 10th will be issued a dividend of $0.25 per share. This represents a $1.00 annualized dividend and a dividend yield of 0.4%. The ex-dividend date of this dividend is Thursday, September 10th. NVIDIA's dividend payout ratio is currently 12.64%.

Analyst Upgrades and Downgrades

A number of brokerages recently weighed in on NVDA. Citigroup restated a "buy" rating and set a $315.00 price objective (up from $300.00) on shares of NVIDIA in a research note on Thursday, August 27th. China Renaissance increased their target price on shares of NVIDIA from $319.00 to $330.00 and gave the company a "buy" rating in a research report on Monday, August 31st. BMO Capital Markets set a $340.00 target price on shares of NVIDIA and gave the company an "outperform" rating in a research note on Thursday, August 20th. Stifel Nicolaus set a $315.00 price target on shares of NVIDIA in a research report on Thursday, August 27th. Finally, Morgan Stanley set a $300.00 price target on shares of NVIDIA and gave the stock an "overweight" rating in a research note on Thursday, August 27th. Three analysts have rated the stock with a Strong Buy rating, fifty have assigned a Buy rating and two have issued a Hold rating to the stock. According to data from MarketBeat.com, the company presently has a consensus rating of "Buy" and a consensus target price of $324.34.

Insider Activity

In related news, CFO Colette Kress sold 34,918 shares of the stock in a transaction on Thursday, September 17th. The stock was 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 owned 765,103 shares in the company, valued at $167,595,812.15. This trade represents a 4.36% decrease in their position. The transaction was disclosed in a document filed with the SEC, which can be accessed through the SEC website. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Also, Director Mark Stevens sold 622,239 shares of NVIDIA stock in a transaction dated 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 transaction, the director directly owned 2,336,531 shares in the company, valued at $541,187,310.22. This represents a 21.03% decrease in their position. The SEC filing for this sale provides additional information. Insiders sold a total of 1,735,658 shares of company stock valued at $392,663,865 over the last three months. Insiders own 3.94% of the company's stock.

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 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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