Mid American Wealth Advisory Group Inc. Grows Stake in NVIDIA Corporation $NVDA

Key Points

• Mid American Wealth Advisory Group increased its NVIDIA stake by 582.5% in the second quarter, bringing its holdings to 20,066 shares worth approximately $4.02 million. Institutional investors collectively own 65.27% of NVIDIA.
• NVIDIA reported quarterly EPS of $2.22 and revenue of $96.22 billion, exceeding analyst estimates, while revenue surged 105.9% year over year. The company also authorized an $80 billion share-repurchase program and declared a quarterly dividend of $0.25 per share.
• Analysts remain broadly bullish, with 52 rating the stock Buy or Strong Buy and an average price target of $324.23, although insider selling, supply-chain constraints, valuation concerns and competition from custom AI chips remain notable risks.

Mid American Wealth Advisory Group Inc. grew its stake in shares of NVIDIA Corporation (NASDAQ:NVDA - Free Report) by 582.5% during the second quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission (SEC). The institutional investor owned 20,066 shares of the computer hardware maker's stock after purchasing an additional 17,126 shares during the quarter. NVIDIA accounts for 1.5% of Mid American Wealth Advisory Group Inc.'s investment portfolio, making the stock its 11th biggest position. Mid American Wealth Advisory Group Inc.'s holdings in NVIDIA were worth $4,015,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

Several other institutional investors and hedge funds also recently modified their holdings of NVDA. Diversified Enterprises LLC grew its stake in NVIDIA by 44.2% during the 4th quarter. Diversified Enterprises LLC now owns 127,604 shares of the computer hardware maker's stock valued at $23,798,000 after purchasing an additional 39,129 shares in the last quarter. Altshuler Shaham Ltd boosted its stake in shares of NVIDIA by 6,451.9% during the 1st quarter. Altshuler Shaham Ltd now owns 637,236 shares of the computer hardware maker's stock valued at $111,134,000 after buying an additional 627,510 shares during the last quarter. ASR Vermogensbeheer N.V. grew its position in shares of NVIDIA by 1.8% during the fourth quarter. ASR Vermogensbeheer N.V. now owns 3,169,377 shares of the computer hardware maker's stock worth $591,086,000 after buying an additional 54,877 shares in the last quarter. Storen Legacy Partners LLC acquired a new stake in shares of NVIDIA during the fourth quarter worth approximately $1,350,000. Finally, Arrowstreet Capital Limited Partnership increased its stake in shares of NVIDIA by 3.6% in the fourth quarter. Arrowstreet Capital Limited Partnership now owns 26,652,420 shares of the computer hardware maker's stock worth $4,970,704,000 after buying an additional 936,506 shares during the last quarter. Hedge funds and other institutional investors own 65.27% of the company's stock.

Insider Activity

In related news, Director Stephen C. Neal sold 15,500 shares of the stock in a transaction dated Wednesday, June 3rd. The shares were sold at an average price of $215.73, for a total value of $3,343,815.00. Following the sale, the director owned 116,135 shares of the company's stock, valued at $25,053,803.55. This trade represents a 11.77% decrease in their position. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is accessible through the SEC website. Also, Director Mark A. Stevens sold 885,000 shares of NVIDIA stock in a transaction dated Thursday, June 18th. The shares were sold at an average price of $210.17, for a total transaction of $186,000,450.00. Following the completion of the sale, the director owned 5,207,271 shares in the company, valued at approximately $1,094,412,146.07. This represents a 14.53% decrease in their ownership of the stock. Additional details regarding this sale are available in the official SEC disclosure. Insiders have sold 1,400,500 shares of company stock valued at $299,259,265 in the last 90 days. Insiders own 3.94% of the company's stock.

NVIDIA Stock Up 1.4%

NASDAQ:NVDA opened at $220.60 on Tuesday. The company has a current ratio of 4.59, a quick ratio of 3.85 and a debt-to-equity ratio of 0.14. The stock has a 50 day moving average of $208.33 and a 200-day moving average of $201.08. The firm has a market capitalization of $5.32 trillion, a PE ratio of 27.89, a price-to-earnings-growth ratio of 1.71 and a beta of 2.23. NVIDIA Corporation has a 52 week low of $164.07 and a 52 week high of $236.54.

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 (EPS) for the quarter, beating analysts' consensus estimates of $2.09 by $0.13. The business had revenue of $96.22 billion during the quarter, compared to analyst estimates of $92.27 billion. NVIDIA had a return on equity of 96.04% and a net margin of 63.66%.The business's revenue for the quarter was up 105.9% compared to the same quarter last year. During the same quarter in the previous year, the firm posted $1.05 EPS. Analysts predict that NVIDIA Corporation will post 9.1 EPS for the current year.

NVIDIA declared that its Board of Directors has initiated a share repurchase program on Wednesday, May 20th that allows the company to repurchase $80.00 billion in shares. This repurchase authorization allows the computer hardware maker to repurchase up to 1.5% of its shares through open market purchases. Shares repurchase programs are generally a sign that the company's board of directors believes its stock is undervalued.

NVIDIA Dividend Announcement

The company also recently declared 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. The ex-dividend date of this dividend is Thursday, September 10th. This represents a $1.00 annualized dividend and a dividend yield of 0.5%. NVIDIA's payout ratio is 12.64%.

Wall Street Analysts Forecast Growth

A number of research firms have commented on NVDA. Daiwa Securities Group increased their price objective on shares of NVIDIA from $215.00 to $255.00 and gave the company an "outperform" rating in a research note on Friday, May 22nd. Susquehanna reissued a "positive" rating and issued a $275.00 target price (up from $250.00) on shares of NVIDIA in a research report on Tuesday, May 12th. William Blair restated an "outperform" rating on shares of NVIDIA in a research note on Tuesday, June 2nd. Truist Financial lifted their price target on NVIDIA from $307.00 to $346.00 and gave the stock a "buy" rating in a research note on Thursday, August 27th. Finally, Wedbush upped their price objective on NVIDIA from $330.00 to $345.00 and gave the company an "outperform" rating in a research note on Thursday, August 27th. Two equities research analysts have rated the stock with a Strong Buy rating, fifty have issued a Buy rating and three have given a Hold rating to the company's stock. Based on data from MarketBeat.com, NVIDIA has an average rating of "Moderate Buy" and an average price target of $324.23.

More NVIDIA News

Here are the key news stories impacting NVIDIA this week:

• Positive Sentiment: NVIDIA announced a $3.5 billion investment in MediaTek and expanded their partnership across data-center, edge-computing and automotive AI. MediaTek will adopt NVIDIA’s NVLink Fusion technology to develop custom chips that can connect to NVIDIA-based AI systems, potentially broadening NVIDIA’s platform and ecosystem reach. NVIDIA MediaTek partnership
• Positive Sentiment: Anthropic reportedly signed a $35 billion cloud agreement backed by NVIDIA, reinforcing demand for NVIDIA-powered AI infrastructure and supporting the broader investment case for continued hyperscaler and AI-cloud spending. Anthropic cloud deal
• Positive Sentiment: Analysts raised price targets while retaining Buy ratings, including China Renaissance at $330 and Phillip Securities at $300. Recent commentary highlights NVIDIA’s strong cash generation, integrated AI platform and management’s expectation for roughly 70% revenue growth in fiscal 2028. China Renaissance price target
• Positive Sentiment: ARK Invest, led by Cathie Wood, purchased approximately $53 million of NVIDIA stock following the earnings-related selloff, providing a notable vote of confidence from a prominent growth investor. ARK Invest NVIDIA purchase
• Neutral Sentiment: NVIDIA’s exceptional demand is exposing supply-chain bottlenecks in memory, networking, optical components, power and copper. Higher input costs and supply commitments could pressure gross margins even as they signal that customer demand remains ahead of available capacity.
• Neutral Sentiment: Broadcom’s VMware Cloud Foundation validated NVIDIA’s Nemotron models for private-cloud deployment, supporting enterprise adoption and data-sovereignty use cases, though the announcement provided no specific customer or revenue figures. AI models validated on VMware Cloud Foundation
• Negative Sentiment: A reported NVIDIA program designed to participate in cloud profits from chips it had already sold was paused after internal concerns about potential antitrust exposure, highlighting regulatory risk around NVIDIA’s growing influence over AI infrastructure. NVIDIA cloud revenue program
• Negative Sentiment: Investors also face risks from a possible September market pullback, elevated valuation expectations, insider selling and emerging competition from custom AI chips, including reports of an OpenAI-designed processor.

NVIDIA Company Profile

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.

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