M.D. Sass LLC Acquires New Holdings in NVIDIA Corporation $NVDA

Key Points

• M.D. Sass LLC acquired 9,642 NVIDIA shares during the second quarter, valued at approximately $1.93 million. Institutional investors collectively own 65.27% of NVIDIA’s stock.
• Analysts remain broadly bullish, with an average rating of “Buy” and a consensus price target of $324.14; recent targets ranged from $218 to $325.
• NVIDIA reported quarterly revenue of $96.22 billion, up 105.9% year over year, and authorized a $150 billion share-repurchase program. Meanwhile, insiders sold $399.45 million of stock during the last quarter, largely through pre-arranged trading plans.

M.D. Sass LLC bought a new position in shares of NVIDIA Corporation (NASDAQ:NVDA - Free Report) during the second quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission. The institutional investor bought 9,642 shares of the computer hardware maker's stock, valued at approximately $1,929,000.

Several other institutional investors and hedge funds have also bought and sold shares of NVDA. Element Pointe Advisors LLC increased its holdings in shares of NVIDIA by 0.8% in the second quarter. Element Pointe Advisors LLC now owns 58,581 shares of the computer hardware maker's stock worth $11,721,000 after purchasing an additional 456 shares during the period. M. Kulyk & Associates LLC raised its position in shares of NVIDIA by 9.4% in the second quarter. M. Kulyk & Associates LLC now owns 136,056 shares of the computer hardware maker's stock worth $27,223,000 after buying an additional 11,708 shares in the last quarter. Aljian Capital Management LLC boosted its stake in NVIDIA by 0.5% during the second quarter. Aljian Capital Management LLC now owns 248,161 shares of the computer hardware maker's stock valued at $49,655,000 after buying an additional 1,128 shares during the period. JLB & Associates Inc. boosted its stake in NVIDIA by 34.1% during the second quarter. JLB & Associates Inc. now owns 9,717 shares of the computer hardware maker's stock valued at $1,944,000 after buying an additional 2,470 shares during the period. Finally, Meeder Advisory Services Inc. grew its position in NVIDIA by 4.8% during the second quarter. Meeder Advisory Services Inc. now owns 631,375 shares of the computer hardware maker's stock worth $126,332,000 after buying an additional 29,141 shares in the last quarter. 65.27% of the stock is currently owned by hedge funds and other institutional investors.

Analyst Ratings Changes

Several research firms have weighed in on NVDA. Wall Street Zen cut NVIDIA from a "strong-buy" rating to a "buy" rating in a report on Saturday, September 26th. Jefferies Financial Group reissued a "buy" rating on shares of NVIDIA in a report on Wednesday, August 26th. Itau BBA Securities decreased their price objective on shares of NVIDIA from $256.00 to $218.00 in a research report on Wednesday, June 24th. JPMorgan Chase & Co. upped their price objective on shares of NVIDIA from $280.00 to $320.00 and gave the stock an "overweight" rating in a research report on Thursday, August 27th. Finally, Rothschild & Co Redburn lifted their price objective on shares of NVIDIA from $300.00 to $325.00 in a report on Thursday, August 27th. Four research analysts have rated the stock with a Strong Buy rating, fifty have given a Buy rating and one has given a Hold rating to the company. According to data from MarketBeat, the stock presently has an average rating of "Buy" and a consensus price target of $324.14.

Insiders Place Their Bets

In other news, CFO Colette Kress sold 34,918 shares of the company's stock in a transaction dated Thursday, September 17th. The shares were sold at an average price of $219.05, for a total transaction of $7,648,787.90. Following the completion of the transaction, the chief financial officer directly owned 765,103 shares of the company's stock, valued at approximately $167,595,812.15. This represents a 4.36% decrease in their ownership of the stock. The sale was disclosed in a legal filing with the SEC, which is accessible through this hyperlink. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Also, EVP Timothy S. Teter sold 30,460 shares of the stock in a transaction dated Monday, September 21st. The stock was sold at an average price of $222.80, for a total transaction of $6,786,488.00. Following the sale, the executive vice president owned 2,687,660 shares of the company's stock, valued at approximately $598,810,648. This represents a 1.12% 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 a total of 1,766,118 shares of company stock valued at $399,450,353 in the last quarter. Insiders own 3.94% of the company's stock.

More NVIDIA News

Here are the key news stories impacting NVIDIA this week:

• Positive Sentiment: Barclays raised its estimate for NVIDIA’s 2027 hyperscaler revenue to approximately $401 billion, above its prior $370 billion forecast. The estimate reflects accelerating data-center investment by major cloud providers. Nvidia stock gains as Barclays sees $401B hyperscaler revenue in 2027
• Positive Sentiment: NVIDIA authorized an additional $150 billion share repurchase, bringing total buyback capacity to $235 billion through 2028. The move signals management confidence in future cash generation and could support earnings per share. Nvidia authorizes $150B buyback
• Positive Sentiment: Analysts remain constructive: Cantor Fitzgerald reaffirmed an overweight rating with a $350 price target, while other coverage highlights NVIDIA’s strong earnings prospects, rising cash flow and demand for its Vera Rubin platform. 2 Growth Stocks With Strong Earnings Prospects to Buy in October
• Positive Sentiment: New ecosystem activity, including NVIDIA’s participation in GMI Cloud’s $668 million financing and expanded digital-twin and AI-safety initiatives, reinforces demand for its full-stack AI platform.
• Neutral Sentiment: The stock is nearing its all-time high, making upcoming hyperscaler capital-expenditure updates and future earnings results important catalysts for sustaining momentum. Nvidia stock approaches record territory
• Negative Sentiment: Investors are debating NVIDIA’s financing arrangements for AI customers, which critics describe as potentially circular. Concerns about customer credit quality and overinvestment could increase volatility if AI infrastructure spending slows. Nvidia’s bet that its chips can finance the AI boom
• Negative Sentiment: China’s efforts to develop software for Huawei’s competing AI chips and the broader risk of hyperscaler CapEx fatigue remain longer-term threats to NVIDIA’s market share and valuation.

NVIDIA Price Performance

Shares of NVIDIA stock opened at $230.86 on Friday. The company has a debt-to-equity ratio of 0.14, a current ratio of 4.59 and a quick ratio of 3.85. NVIDIA Corporation has a one year low of $164.27 and a one year high of $236.54. The business's 50 day simple moving average is $218.20 and its two-hundred day simple moving average is $207.30. The stock has a market capitalization of $5.56 trillion, a P/E ratio of 29.19, a price-to-earnings-growth ratio of 1.76 and a beta of 2.22.

NVIDIA (NASDAQ:NVDA - Get Free Report) last released its quarterly earnings data on Wednesday, August 26th. The computer hardware maker reported $2.22 earnings per share 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 firm had revenue of $96.22 billion during the quarter, compared to analyst estimates of $92.27 billion. During the same quarter in the prior year, the firm posted $1.05 earnings per share. The business's quarterly revenue was up 105.9% compared to the same quarter last year. Analysts forecast that NVIDIA Corporation will post 9.25 EPS for the current year.

NVIDIA Announces Dividend

The company also recently declared 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 of this dividend was Thursday, September 10th. This represents a $1.00 annualized dividend and a yield of 0.4%. NVIDIA's dividend payout ratio is presently 12.64%.

NVIDIA announced that its Board of Directors has authorized a share buyback program on Monday, September 28th that allows the company to repurchase $150.00 billion in outstanding shares. This repurchase authorization allows the computer hardware maker to repurchase up to 2.8% of its stock through open market purchases. Stock repurchase programs are generally an indication that the company's board believes its shares are undervalued.

NVIDIA Profile

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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