Midwest Financial Group LLC Has $2.33 Million Holdings in NVIDIA Corporation $NVDA

Key Points

• Midwest Financial Group increased its NVIDIA position by 24.5% in the second quarter, holding 11,626 shares valued at approximately $2.33 million. Institutional investors collectively own 65.27% of NVIDIA.
• NVIDIA reported strong fundamentals, including quarterly revenue of $96.22 billion, up 105.9% year over year, and EPS of $2.22 that exceeded analyst expectations. Analysts maintain a “Moderate Buy” consensus rating with an average price target of $324.34.
• Despite continued AI infrastructure demand and an $80 billion buyback authorization, insiders have sold roughly $571 million of stock over the past 90 days, while competition and concerns about GPU rental economics remain risks.

Midwest Financial Group LLC raised its position in shares of NVIDIA Corporation (NASDAQ:NVDA - Free Report) by 24.5% in the second quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The institutional investor owned 11,626 shares of the computer hardware maker's stock after purchasing an additional 2,287 shares during the period. NVIDIA accounts for about 0.8% of Midwest Financial Group LLC's investment portfolio, making the stock its 24th largest position. Midwest Financial Group LLC's holdings in NVIDIA were worth $2,326,000 at the end of the most recent reporting period.

Several other large investors have also made changes to their positions in the company. Brighton Jones LLC grew its position in NVIDIA by 12.4% in the fourth quarter. Brighton Jones LLC now owns 324,901 shares of the computer hardware maker's stock worth $43,631,000 after acquiring an additional 35,815 shares in the last quarter. Bank Pictet & Cie Europe AG lifted its stake 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 last quarter. Highview Capital Management LLC DE boosted its holdings in NVIDIA by 6.7% in the fourth quarter. Highview Capital Management LLC DE now owns 58,396 shares of the computer hardware maker's stock worth $7,842,000 after purchasing an additional 3,653 shares in 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 last quarter. 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 last quarter. Institutional investors own 65.27% of the company's stock.

More NVIDIA News

Here are the key news stories impacting NVIDIA this week:

• Positive Sentiment: NVIDIA is expanding its AI-infrastructure footprint through a reported $3.1 billion Indonesia deal, potentially strengthening regional data-center capacity and demand for its GPUs and networking products. Nvidia Expands AI Infrastructure Push With Indonesia Deal
• Positive Sentiment: OpenAI’s plan to spend roughly $750 billion on computing infrastructure through 2030 reinforces the scale of the addressable market for NVIDIA accelerators, although OpenAI says it remains short of capacity. OpenAI Compute Spending Plans
• Positive Sentiment: NVIDIA’s latest quarterly results remain a strong fundamental backdrop: revenue reached $96.2 billion, up 105.9% year over year, while earnings exceeded expectations. Analysts continue to cite Blackwell, Vera Rubin, networking and supply-constrained demand as growth drivers. Nvidia Customers Wanted More Than It Could Build
• Positive Sentiment: Michael Burry exited his December 2026-dated NVIDIA put positions while retaining longer-dated puts. Closing near-term bearish bets may modestly ease concerns, though his remaining positions still signal skepticism. Michael Burry Sells December 2026 NVIDIA Puts
• Neutral Sentiment: NVIDIA’s investment in Verily Health and expanded ecosystem relationships, including open-source AI and healthcare initiatives, could broaden future applications but are unlikely to materially affect near-term earnings. Verily Health Investment
• Negative Sentiment: Director Mark Stevens sold 1,022,239 shares for approximately $235.6 million across two transactions, reducing a sizable personal holding. The sales may weigh on sentiment despite not necessarily indicating weaker company fundamentals. NVIDIA Director Insider Selling
• Negative Sentiment: Short seller Jim Chanos questioned the economics of renting NVIDIA GPUs, raising concerns about utilization, customer returns and whether high rental rates can persist as newer chips are introduced. Jim Chanos Challenges NVIDIA GPU Rental Economics
• Negative Sentiment: Qualcomm’s AI infrastructure agreement with Amazon highlights the growing threat from custom and competing accelerators, while investors continue to debate NVIDIA’s multitrillion-dollar valuation and margin outlook. Nvidia and Qualcomm AI Chip Competition

Analysts Set New Price Targets

A number of analysts have weighed in on the company. HSBC boosted their price target on NVIDIA from $360.00 to $365.00 in a research report on Thursday, August 27th. Evercore set a $465.00 price objective on NVIDIA and gave the company an "outperform" rating in a research note on Thursday, August 27th. KeyCorp reaffirmed an "overweight" rating and set a $330.00 target price on shares of NVIDIA in a research report on Monday, August 24th. Daiwa Securities Group increased their price target on NVIDIA from $215.00 to $255.00 and gave the company an "outperform" rating in a report on Friday, May 22nd. Finally, Royal Bank Of Canada lifted their price target on shares of NVIDIA from $300.00 to $330.00 and gave the company an "outperform" rating in a research report on Thursday, August 27th. Two 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. According to data from MarketBeat, the company has a consensus rating of "Moderate Buy" and an average target price of $324.34.

Insider Activity

In other news, EVP Timothy S. Teter sold 30,000 shares of the business's stock in a transaction that occurred on Monday, August 31st. The stock was sold at an average price of $217.88, for a total transaction of $6,536,400.00. Following the sale, the executive vice president directly owned 2,687,660 shares in the company, valued at approximately $585,587,360.80. The trade was a 1.10% decrease in their ownership of the stock. The transaction was disclosed in a document filed with the SEC, which is accessible through the SEC website. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Also, Director Mark A. Stevens sold 885,000 shares of the company's stock in a transaction 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 transaction, the director owned 5,207,271 shares of the company's stock, valued at $1,094,412,146.07. The trade was a 14.53% decrease in their ownership of the stock. The disclosure for this sale is available in the SEC filing. Insiders have sold 2,585,740 shares of company stock worth $571,015,527 over the last 90 days. Corporate insiders own 3.94% of the company's stock.

NVIDIA Trading Down 0.9%

Shares of NVIDIA stock opened at $223.67 on Thursday. NVIDIA Corporation has a 1 year low of $164.27 and a 1 year high of $236.54. The company's fifty day simple moving average is $212.35 and its 200-day simple moving average is $203.02. The company has a market cap of $5.39 trillion, a price-to-earnings ratio of 28.28, a PEG ratio of 1.77 and a beta of 2.22. The company has a current ratio of 4.59, a quick ratio of 3.85 and a debt-to-equity ratio of 0.14.

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, beating the consensus estimate of $2.09 by $0.13. The firm 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 quarterly revenue was up 105.9% compared to the same quarter last year. During the same period in the prior year, the company earned $1.05 EPS. As a group, sell-side analysts expect that NVIDIA Corporation will post 9.1 EPS for the current year.

NVIDIA Announces Dividend

The company also recently announced a quarterly dividend, which will be paid on Thursday, October 1st. Investors of record on Thursday, September 10th will be given a dividend of $0.25 per share. The ex-dividend date of this dividend 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 12.64%.

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

NVIDIA Company 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.

Want to see what other hedge funds are holding NVDA? Visit HoldingsChannel.com to get the latest 13F filings and insider trades for NVIDIA Corporation (NASDAQ:NVDA - Free Report).

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.