Market Street Wealth Management Advisors LLC Increases Holdings in NVIDIA Corporation $NVDA

Market Street Wealth Management Advisors LLC grew its holdings in NVIDIA Corporation (NASDAQ:NVDA - Free Report) by 13.7% during the second quarter, according to the company in its most recent filing with the SEC. The fund owned 20,305 shares of the computer hardware maker's stock after acquiring an additional 2,450 shares during the quarter. NVIDIA comprises 0.6% of Market Street Wealth Management Advisors LLC's investment portfolio, making the stock its 14th biggest holding. Market Street Wealth Management Advisors LLC's holdings in NVIDIA were worth $4,063,000 as of its most recent SEC filing.

Other institutional investors and hedge funds have also recently added to or reduced their stakes in the company. Brighton Jones LLC grew its holdings in shares of NVIDIA by 12.4% during the fourth quarter. Brighton Jones LLC now owns 324,901 shares of the computer hardware maker's stock worth $43,631,000 after purchasing an additional 35,815 shares during the last quarter. Bank Pictet & Cie Europe AG boosted its position in shares of NVIDIA by 1.0% in the 4th quarter. Bank Pictet & Cie Europe AG now owns 2,346,417 shares of the computer hardware maker's stock valued at $315,100,000 after purchasing an additional 22,929 shares during the period. Highview Capital Management LLC DE grew its stake in NVIDIA by 6.7% during the 4th quarter. Highview Capital Management LLC DE now owns 58,396 shares of the computer hardware maker's stock worth $7,842,000 after buying an additional 3,653 shares during the last quarter. Hudson Value Partners LLC increased its position in NVIDIA by 30.7% during the fourth quarter. Hudson Value Partners LLC now owns 50,658 shares of the computer hardware maker's stock worth $6,805,000 after buying an additional 11,900 shares during the period. Finally, Wealth Group Ltd. increased its position in NVIDIA by 15.7% during the first quarter. Wealth Group Ltd. now owns 6,598 shares of the computer hardware maker's stock worth $715,000 after buying an additional 896 shares during the period. 65.27% of the stock is owned by institutional investors and hedge funds.

NVIDIA Stock Performance

Shares of NVDA opened at $230.36 on Tuesday. The stock has a market capitalization of $5.55 trillion, a P/E ratio of 29.12, a P/E/G ratio of 1.81 and a beta of 2.22. 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 1 year low of $164.07 and a 1 year high of $236.54. The company's fifty day moving average is $211.32 and its two-hundred day moving average is $202.51.

NVIDIA (NASDAQ:NVDA - Get Free Report) last released its earnings results on Wednesday, August 26th. The computer hardware maker reported $2.22 EPS for the quarter, topping the consensus estimate of $2.09 by $0.13. The company had revenue of $96.22 billion during 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 revenue was up 105.9% on a year-over-year basis. During the same quarter last year, the business earned $1.05 EPS. On average, sell-side analysts predict that NVIDIA Corporation will post 9.1 earnings per share for the current year.

NVIDIA announced that its Board of Directors has approved a stock repurchase program on Wednesday, May 20th that authorizes the company to buyback $80.00 billion in outstanding shares. This buyback authorization authorizes the computer hardware maker to purchase up to 1.5% of its stock through open market purchases. Stock buyback programs are generally a sign that the company's board believes its shares are undervalued.

NVIDIA Dividend Announcement

The company also recently disclosed a quarterly dividend, which will be paid on Thursday, October 1st. Investors 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 dividend on an annualized basis and a yield of 0.4%. NVIDIA's dividend payout ratio (DPR) is presently 12.64%.

Insider Buying and Selling

In other NVIDIA news, Director Mark Stevens sold 63,501 shares of the business's stock in a transaction that occurred on Tuesday, September 1st. The stock was sold at an average price of $220.06, for a total transaction of $13,974,030.06. Following the transaction, the director owned 4,558,770 shares in the company, valued at approximately $1,003,202,926.20. The trade was a 1.37% decrease in their position. The transaction was disclosed in a document filed with the SEC, which is accessible through the SEC website. Also, EVP Timothy Teter sold 30,000 shares of the stock in a transaction that occurred on Monday, August 31st. The stock was sold at an average price of $217.88, for a total value of $6,536,400.00. Following the transaction, the executive vice president directly 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 sold a total of 1,563,501 shares of company stock worth $335,380,530 in the last ninety days. 3.94% of the stock is owned by corporate insiders.

Wall Street Analysts Forecast Growth

NVDA has been the subject of several research analyst reports. Truist Financial increased their price objective on NVIDIA from $307.00 to $346.00 and gave the company a "buy" rating in a report on Thursday, August 27th. Oppenheimer set a $315.00 price target on shares of NVIDIA and gave the company an "outperform" rating in a research report on Thursday, August 27th. Royal Bank Of Canada increased their price target on shares of NVIDIA from $300.00 to $330.00 and gave the stock an "outperform" rating in a research note on Thursday, August 27th. Citigroup reissued a "buy" rating and set a $315.00 price objective (up from $300.00) on shares of NVIDIA in a research report on Thursday, August 27th. Finally, Wells Fargo & Company reaffirmed an "overweight" rating and issued a $315.00 target price on shares of NVIDIA in a report on Tuesday, August 11th. Two equities research analysts have rated the stock with a Strong Buy rating, fifty have issued a Buy rating and three have issued a Hold rating to the company. Based on data from MarketBeat.com, NVIDIA currently has an average rating of "Moderate Buy" and an average target price of $324.83.

More NVIDIA News

Here are the key news stories impacting NVIDIA this week:

• Positive Sentiment: NVIDIA’s planned $12.93 billion acquisition of Hugging Face could expand its full-stack AI strategy by combining its chips and CUDA software with Hugging Face’s open-model library and developer community. Analysts view the deal as potentially strengthening NVIDIA’s competitive moat. NVIDIA's Hugging Face Buyout article
• Positive Sentiment: CEO Jensen Huang said OpenAI’s GPT-6 Astra was trained on more than 100,000 Grace Blackwell systems, with another 400,000 GPUs coming online. The announcement reinforces NVIDIA’s role in the largest AI model deployments and highlights potential demand for future systems. Jensen Huang and OpenAI Astra article
• Positive Sentiment: NVIDIA’s $20 billion Groq investment is moving toward commercialization, with Groq 3 LPX racks expected to deploy alongside Vera CPUs and Rubin GPUs at Nebius later this year. This supports the company’s effort to broaden beyond standalone GPUs into complete AI infrastructure. NVIDIA Groq rack article
• Neutral Sentiment: Broadcom raised its expected fiscal 2027 AI-chip revenue to about $115 billion, signaling continued hyperscaler spending but also showing that customers increasingly want custom accelerators in addition to NVIDIA GPUs. Broadcom AI forecast article
• Negative Sentiment: Investors face growing risks from custom chips, AMD and older GPUs being redeployed for longer periods, potentially slowing replacement demand. Opposition to energy-intensive data centers could also delay the infrastructure buildout that supports NVIDIA’s sales. NVIDIA competition article
• Negative Sentiment: Despite exceptional growth, valuation expectations are demanding, while higher memory costs, rising receivables and weaker sequential free cash flow could pressure margins and investor confidence.

About NVIDIA

NVIDIA Corporation, founded in 1993 and headquartered in Santa Clara, California, is a global technology company that designs and develops graphics processing units (GPUs) and system-on-chip (SoC) technologies. Co-founded by Jensen Huang, who serves as president and chief executive officer, along with Chris Malachowsky and Curtis Priem, NVIDIA has grown from a graphics-focused chipmaker into a broad provider of accelerated computing hardware and software for multiple industries.

The company's product portfolio spans discrete GPUs for gaming and professional visualization (marketed under the GeForce and NVIDIA RTX lines), high-performance data center accelerators used for AI training and inference (including widely adopted platforms such as the A100 and H100 series), and Tegra SoCs for automotive and edge applications.

This instant news alert was generated by narrative science technology and financial data from MarketBeat in order to provide readers with the fastest reporting and unbiased coverage. Please send any questions or comments about this story to contact@marketbeat.com.