MJP Associates Inc. ADV Buys 5,676 Shares of NVIDIA Corporation $NVDA

Key Points

• MJP Associates increased its NVIDIA stake by 5.2% in the second quarter, acquiring 5,676 shares for a total holding of 115,059 shares valued at approximately $23.0 million. Institutional investors and hedge funds collectively own 65.27% of NVIDIA.
• NVIDIA reported quarterly revenue of $96.22 billion and EPS of $2.22, exceeding analyst expectations, while revenue increased 105.9% year over year. Analysts maintain a consensus “Buy” rating with an average price target of $320.71.
• The company authorized a $150 billion share-repurchase program, but investors continue to monitor valuation, export controls, AI infrastructure financing concerns and competitive threats from internally developed chips.

MJP Associates Inc. ADV raised its stake in NVIDIA Corporation (NASDAQ:NVDA - Free Report) by 5.2% during the 2nd quarter, according to the company in its most recent 13F filing with the Securities & Exchange Commission. The firm owned 115,059 shares of the computer hardware maker's stock after acquiring an additional 5,676 shares during the quarter. NVIDIA comprises 2.5% of MJP Associates Inc. ADV's holdings, making the stock its 12th largest position. MJP Associates Inc. ADV's holdings in NVIDIA were worth $23,022,000 as of its most recent filing with the Securities & Exchange Commission.

Other hedge funds have also recently bought and sold shares of the company. Lifetime Wealth Management P.C. acquired a new stake in shares of NVIDIA during the fourth quarter worth $26,000. Longview Financial Advisors Inc. acquired a new position in shares of NVIDIA in the first quarter valued at about $27,000. Langley Wealth Management LLC bought a new position in NVIDIA during the second quarter worth about $34,000. Phillip James Consulting Co. acquired a new stake in NVIDIA in the 1st quarter worth about $40,000. Finally, Frankly Finances LLC acquired a new stake in NVIDIA in the 2nd quarter worth about $60,000. 65.27% of the stock is currently owned by institutional investors and hedge funds.

Trending Headlines about NVIDIA

Here are the key news stories impacting NVIDIA this week:

• Positive Sentiment: Morgan Stanley named NVIDIA its top semiconductor pick, maintaining an Overweight rating and setting a $300 price target. The firm believes NVIDIA’s software ecosystem, scale and positioning across AI infrastructure trends give it a durable competitive moat. Morgan Stanley names NVIDIA a top pick
• Positive Sentiment: NVIDIA’s recently announced $150 billion buyback authorization lifts total remaining repurchase capacity to approximately $235 billion. Investors view the plan as a sign of management confidence and a potential source of per-share earnings support. NVIDIA buyback analysis
• Positive Sentiment: Analysts continue to raise expectations for hyperscaler spending, with Barclays estimating NVIDIA could generate $401 billion in hyperscaler revenue in 2027. CoreWeave’s launch of the Vera Rubin platform and additional enterprise customers also supports demand for NVIDIA’s next-generation systems. Barclays hyperscaler revenue estimate
• Neutral Sentiment: The broader semiconductor and technology complex is attracting buying interest as AI investment remains a major market leadership theme. However, NVIDIA’s valuation and substantial market concentration leave the stock sensitive to interest rates, economic data and shifts in institutional positioning.
• Negative Sentiment: Investors are monitoring reports that Amazon may move roughly $8 billion of NVIDIA chips off its balance sheet through leasing or financing structures. While this could improve customer flexibility, it adds scrutiny around AI infrastructure financing and so-called circular transactions. Amazon NVIDIA chip balance-sheet report
• Negative Sentiment: Export-control concerns remain a headline risk after prosecutors alleged a California man helped smuggle approximately $300 million of NVIDIA chips to China. Separately, Michael Burry warned that GPU depreciation could undermine the economics of the AI infrastructure boom, while Alphabet’s growing use of internally designed chips represents a longer-term competitive threat. NVIDIA chip smuggling prosecution

Wall Street Analysts Forecast Growth

A number of research analysts have issued reports on NVDA shares. BMO Capital Markets set a $340.00 target price on shares of NVIDIA and gave the stock an "outperform" rating in a research report on Thursday, August 20th. Stifel Nicolaus set a $315.00 price target on NVIDIA in a research note on Thursday, August 27th. Rothschild & Co Redburn increased their price target on NVIDIA from $300.00 to $325.00 in a research report on Thursday, August 27th. DA Davidson restated a "buy" rating and set a $300.00 price objective on shares of NVIDIA in a research note on Thursday, August 27th. Finally, UBS Group set a $300.00 price objective on NVIDIA and gave the company a "buy" rating in a report on Thursday, August 27th. Four research analysts have rated the stock with a Strong Buy rating, fifty have assigned a Buy rating and one has assigned a Hold rating to the company's stock. Based on data from MarketBeat.com, NVIDIA currently has a consensus rating of "Buy" and an average price target of $320.71.

NVIDIA Price Performance

NASDAQ NVDA opened at $233.95 on Monday. The business has a fifty day moving average price of $218.74 and a two-hundred day moving average price of $207.65. The stock has a market capitalization of $5.64 trillion, a PE ratio of 29.58, a PEG ratio of 1.81 and a beta of 2.22. NVIDIA Corporation has a fifty-two week low of $164.27 and a fifty-two week high of $237.88. 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 (NASDAQ:NVDA - Get Free Report) last issued its quarterly earnings results on Wednesday, August 26th. The computer hardware maker reported $2.22 earnings per share (EPS) for the quarter, beating the consensus estimate of $2.09 by $0.13. NVIDIA had a return on equity of 96.04% and a net margin of 63.66%.The company had revenue of $96.22 billion for the quarter, compared to analyst estimates of $92.27 billion. During the same quarter last year, the company posted $1.05 EPS. The company's revenue for the quarter was up 105.9% compared to the same quarter last year. Equities analysts expect that NVIDIA Corporation will post 9.25 earnings per share for the current fiscal year.

NVIDIA Announces Dividend

The firm also recently announced a quarterly dividend, which was paid on Thursday, October 1st. Shareholders of record on Thursday, September 10th were given a $0.25 dividend. This represents a $1.00 dividend on an annualized basis and a yield of 0.4%. The ex-dividend date was Thursday, September 10th. NVIDIA's payout ratio is currently 12.64%.

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

Insider Buying and Selling at NVIDIA

In other NVIDIA news, Director Mark Stevens sold 622,239 shares of the business's stock in a transaction dated Friday, September 4th. The stock was sold at an average price of $231.62, for a total transaction of $144,122,997.18. Following the completion of the transaction, the director owned 2,336,531 shares of the company's stock, valued at approximately $541,187,310.22. The trade was a 21.03% decrease in their ownership of the stock. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which can be accessed through the SEC website. Also, CFO Colette Kress sold 34,918 shares of the stock in a transaction dated Thursday, September 17th. The stock was 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 $167,595,812.15. This trade represents a 4.36% decrease in their position. The SEC filing for this sale provides additional information. 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 worth $399,450,353 over the last 90 days. Insiders own 3.94% of the company's stock.

About NVIDIA

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.

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.