MW Advisory LLC Buys 53,946 Shares of NVIDIA Corporation $NVDA

Key Points

• MW Advisory LLC acquired 53,946 NVIDIA shares worth approximately $10.8 million, making NVIDIA its fourth-largest holding at 4.3% of the portfolio. Other institutional investors also initiated positions, with institutions collectively owning 65.27% of the stock.
• Analysts remain broadly bullish, with an average “Buy” rating and a $321.47 price target. NVIDIA also reported quarterly earnings and revenue above expectations, including 105.9% year-over-year revenue growth.
• NVIDIA approved a $150 billion share-repurchase plan while maintaining a quarterly dividend of $0.25 per share. However, recent insider sales and competitive threats to its CUDA software ecosystem remain considerations for investors.

MW Advisory LLC bought a new position in shares of NVIDIA Corporation (NASDAQ:NVDA - Free Report) in the second quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission (SEC). The institutional investor bought 53,946 shares of the computer hardware maker's stock, valued at approximately $10,794,000. NVIDIA makes up about 4.3% of MW Advisory LLC's holdings, making the stock its 4th biggest holding.

A number of other large investors have also modified their holdings of NVDA. Tenet Wealth Partners LLC acquired a new position in shares of NVIDIA during the 2nd quarter valued at about $3,209,000. Maloon Powers Pitre Higgins & Dennehy LLC purchased a new stake in shares of NVIDIA in the second quarter valued at about $3,095,000. Markowski Investments acquired a new stake in NVIDIA during the second quarter worth about $10,571,000. Old Mission Investment Co LLC acquired a new stake in NVIDIA during the second quarter worth about $4,973,000. Finally, Montgomery Financial Services LLC acquired a new stake in NVIDIA during the second quarter worth about $28,000. Hedge funds and other institutional investors own 65.27% of the company's stock.

Wall Street Analysts Forecast Growth

NVDA has been the topic of several recent analyst reports. Melius Research set a $420.00 target price on shares of NVIDIA in a report on Thursday, August 27th. Needham & Company LLC reissued a "buy" rating and issued a $300.00 price target on shares of NVIDIA in a research note on Friday, September 4th. Rosenblatt Securities restated a "buy" rating and set a $390.00 price target on shares of NVIDIA in a report on Tuesday, September 29th. Wall Street Zen raised shares of NVIDIA from a "buy" rating to a "strong-buy" rating in a research report on Saturday, October 10th. 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. Five research analysts have rated the stock with a Strong Buy rating, fifty have issued a Buy rating and one has assigned a Hold rating to the company. According to MarketBeat.com, the company has an average rating of "Buy" and an average price target of $321.47.

NVIDIA Trading Down 0.3%

NASDAQ NVDA opened at $216.47 on Wednesday. The firm's 50-day moving average is $223.17 and its two-hundred day moving average is $212.01. NVIDIA Corporation has a 12 month low of $164.27 and a 12 month high of $243.37. The company has a debt-to-equity ratio of 0.14, a current ratio of 4.59 and a quick ratio of 3.85. The stock has a market capitalization of $5.22 trillion, a P/E ratio of 27.37, a PEG ratio of 1.67 and a beta of 2.22.

NVIDIA (NASDAQ:NVDA - Get Free Report) last announced its quarterly earnings results 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 net margin of 63.66% and a return on equity of 96.04%. The business had revenue of $96.22 billion during the quarter, compared to analysts' expectations of $92.27 billion. During the same period last year, the business earned $1.05 earnings per share. The business's revenue for the quarter was up 105.9% on a year-over-year basis. On average, sell-side analysts anticipate that NVIDIA Corporation will post 9.30 earnings per share for the current year.

NVIDIA Announces Dividend

The business also recently announced a quarterly dividend, which was paid on Thursday, October 1st. Investors of record on Thursday, September 10th were issued a $0.25 dividend. This represents a $1.00 annualized dividend and a yield of 0.5%. The ex-dividend date was Thursday, September 10th. NVIDIA's dividend payout ratio (DPR) is 12.64%.

NVIDIA declared that its Board of Directors has approved a share repurchase plan on Monday, September 28th that permits the company to repurchase $150.00 billion in shares. This buyback authorization permits the computer hardware maker to purchase up to 2.8% of its stock through open market purchases. Stock buyback plans are usually an indication that the company's board of directors believes its shares are undervalued.

Key Headlines Impacting NVIDIA

Here are the key news stories impacting NVIDIA this week:

• Positive Sentiment: Reportedly, ByteDance, Alibaba and Tencent have placed more than $35 billion in NVIDIA chip orders. The agreement could reopen a significant Chinese market, although the arrangement reportedly includes the U.S. government receiving 15% of Chinese sales. NVIDIA China chip orders
• Positive Sentiment: OpenAI is reportedly raising approximately $30 billion, while NVIDIA has agreed to guarantee up to $105 billion of obligations tied to an Ohio data-center campus OpenAI will lease. The deal could support substantial future demand for NVIDIA systems, but also increases NVIDIA’s exposure to customer financing. OpenAI fundraising and NVIDIA
• Positive Sentiment: Anthropic is reportedly discussing an expansion that could take its Nscale commitment to roughly $90 billion, potentially benefiting NVIDIA as a leading supplier of AI infrastructure. Anthropic Nscale expansion
• Positive Sentiment: NVIDIA announced German partnerships, investments in AI startups and a broader European AI initiative approaching $10 billion, strengthening its position in sovereign and industrial AI. NVIDIA German AI investments
• Positive Sentiment: A record 104-qubit fault-tolerant quantum simulation on Europe’s JUPITER supercomputer demonstrated NVIDIA’s CUDA-Q, cuQuantum and accelerated-computing capabilities, expanding its longer-term technology opportunity beyond AI. NVIDIA quantum simulation
• Neutral Sentiment: Amazon is reportedly receiving billions of dollars of NVIDIA GB300 systems, but some racks are being stored because data centers lack sufficient power. This confirms demand while highlighting deployment bottlenecks. Amazon NVIDIA GPU systems
• Negative Sentiment: Google’s open-source TorchTPU and Amazon’s TorchNeuron initiatives are designed to make competing AI chips easier to use, threatening NVIDIA’s CUDA software moat and long-term pricing power. Google and Amazon challenge NVIDIA CUDA
• Negative Sentiment: Investors remain concerned that heavily indebted neocloud customers, including CoreWeave, may struggle with higher borrowing costs. NVIDIA’s guarantees and investment relationships increase fears that AI infrastructure spending could involve circular or financially fragile demand. Why NVIDIA needs CoreWeave
• Negative Sentiment: Broad semiconductor selling, fading momentum in the AI trade and hedge-fund technology reductions are weighing on NVDA’s near-term performance despite continued strong chip demand. Chip stocks decline

Insider Activity at NVIDIA

In other news, CFO Colette Kress sold 34,918 shares of the firm's stock in a transaction on 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 in the company, valued at $167,595,812.15. This trade represents a 4.36% decrease in their ownership of the stock. The transaction was disclosed in a filing with the SEC, which is available at the SEC website. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Also, EVP Timothy S. Teter sold 30,460 shares of NVIDIA stock in a transaction on Monday, September 21st. The shares were sold at an average price of $222.80, for a total value of $6,786,488.00. Following the completion of the sale, the executive vice president directly owned 2,687,660 shares of the company's stock, valued at $598,810,648. The trade was a 1.12% decrease in their ownership of the stock. The SEC filing for this sale provides additional information. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. In the last quarter, insiders sold 1,766,118 shares of company stock worth $399,450,353. Insiders own 3.94% of the company's stock.

NVIDIA Company Profile

NVIDIA Corporation NASDAQ: NVDA is a technology company that designs graphics processing units (GPUs), accelerated computing platforms, networking products and related software. Its technologies support artificial intelligence, machine learning, scientific computing, data analytics, professional visualization and computer graphics.

The company's products include GeForce GPUs for gaming and personal computing, data center GPUs and systems for AI and high-performance computing, and networking solutions used to connect and manage large-scale computing infrastructure.

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.