Nelson Capital Management LLC Sells 24,342 Shares of NVIDIA Corporation $NVDA

Key Points

• Nelson Capital Management reduced its NVIDIA stake by 24,342 shares, or 1.5%, but still held 1.61 million shares worth approximately $321.3 million. NVIDIA remains the firm’s largest position, representing 35.3% of its holdings.
• Institutional ownership stands at 65.27%, with several investors increasing their positions during recent quarters, signaling continued strong institutional interest in NVIDIA.
• NVIDIA reported better-than-expected quarterly earnings and revenue growth of 105.9% year over year. Analysts maintain a consensus “Buy” rating with an average price target of $324.34, though rising competition from Huawei and higher memory costs remain potential risks.

Nelson Capital Management LLC lowered its stake in shares of NVIDIA Corporation (NASDAQ:NVDA - Free Report) by 1.5% during the second quarter, according to the company in its most recent filing with the Securities & Exchange Commission. The institutional investor owned 1,606,013 shares of the computer hardware maker's stock after selling 24,342 shares during the period. NVIDIA accounts for 35.3% of Nelson Capital Management LLC's holdings, making the stock its biggest position. Nelson Capital Management LLC's holdings in NVIDIA were worth $321,347,000 as of its most recent filing with the Securities & Exchange Commission.

Several other hedge funds and other institutional investors have also made changes to their positions in the company. Boyd Wealth Management LLC boosted its stake in shares of NVIDIA by 273.4% during the 2nd quarter. Boyd Wealth Management LLC now owns 9,145 shares of the computer hardware maker's stock worth $1,830,000 after acquiring an additional 6,696 shares during the period. Altshuler Shaham Ltd raised its stake in NVIDIA by 6,451.9% in the 1st quarter. Altshuler Shaham Ltd now owns 637,236 shares of the computer hardware maker's stock valued at $111,134,000 after acquiring an additional 627,510 shares during the period. ASR Vermogensbeheer N.V. lifted its holdings in NVIDIA by 1.8% during the 4th quarter. ASR Vermogensbeheer N.V. now owns 3,169,377 shares of the computer hardware maker's stock valued at $591,086,000 after purchasing an additional 54,877 shares during the last quarter. Storen Legacy Partners LLC acquired a new stake in NVIDIA during the 4th quarter valued at $1,350,000. Finally, Baker Tilly Wealth Management LLC boosted its position in NVIDIA by 7.4% during the second quarter. Baker Tilly Wealth Management LLC now owns 71,898 shares of the computer hardware maker's stock worth $14,386,000 after purchasing an additional 4,958 shares during the period. 65.27% of the stock is owned by institutional investors.

NVIDIA News Roundup

Here are the key news stories impacting NVIDIA this week:

• Positive Sentiment: CEO Jensen Huang said NVIDIA expects to sell roughly twice as many chips next year, reinforcing the view that hyperscaler and enterprise AI demand is not slowing. The comments directly counter concerns that the AI investment cycle is approaching a peak. Jensen Huang says Nvidia will sell twice as many chips next year
• Positive Sentiment: Customer and ecosystem activity provided additional validation: CoreWeave deployed multi-rack NVIDIA Vera Rubin clusters, while ASUS and Poesis demonstrated autonomous trading agents running locally on NVIDIA-powered systems. These developments expand demand beyond traditional model training into cloud computing, enterprise AI and agentic applications. CoreWeave Boosts Agentic AI With Multi-Rack NVIDIA Vera Rubin Clusters
• Positive Sentiment: NVIDIA’s work with IonQ and Oak Ridge National Laboratory showed generative AI reducing quantum-circuit compilation time from about 11 minutes to 28 seconds. The project highlights CUDA-Q and NVIDIA GPUs as an infrastructure layer for future hybrid quantum-classical computing. IonQ and NVIDIA Just Cracked a Major Quantum Computing Bottleneck
• Positive Sentiment: Reports that Apple is discussing NVIDIA high-speed networking for potential M8 Ultra-based servers suggest NVIDIA can benefit even when customers develop their own AI processors. This supports the company’s strategy of monetizing networking and data-center connectivity in addition to GPUs. Apple Is Quietly Building an AI Advantage Few Expected
• Neutral Sentiment: Shares also benefited from a broader semiconductor and Nasdaq rebound, with AMD and Broadcom among the stronger chip-sector performers. This improves near-term sentiment but is less specific to NVIDIA’s fundamentals. AMD Jumps as Semiconductor Rebound Reaches a Third Session
• Negative Sentiment: Huawei plans to launch two Ascend 960 AI chips in 2027, signaling intensifying competition and potential geopolitical pressure in China. Investors are also monitoring rising memory costs, which could weigh on NVIDIA’s gross margins as demand scales. Huawei Sets 2027 AI Chip Launches to Challenge Nvidia

Analyst Ratings Changes

Several equities analysts have recently weighed in on the stock. Oppenheimer set a $315.00 price objective on shares of NVIDIA and gave the company an "outperform" rating in a research report on Thursday, August 27th. DA Davidson reiterated a "buy" rating and issued a $300.00 price target on shares of NVIDIA in a research note on Thursday, August 27th. New Street Research decreased their price target on shares of NVIDIA from $343.00 to $340.00 in a research note on Thursday, May 21st. UBS Group set a $300.00 price target on shares of NVIDIA and gave the company a "buy" rating in a report on Thursday, August 27th. Finally, Raymond James Financial set a $515.00 target price on NVIDIA and gave the company a "strong-buy" rating in a research report on Thursday, August 27th. Three research analysts have rated the stock with a Strong Buy rating, fifty have issued a Buy rating and two have issued a Hold rating to the company. According to MarketBeat, the stock has a consensus rating of "Buy" and an average price target of $324.34.

NVIDIA Stock Performance

NASDAQ NVDA opened at $219.34 on Friday. The firm has a 50-day moving average price of $214.43 and a two-hundred day moving average price of $204.16. NVIDIA Corporation has a 12-month low of $164.27 and a 12-month high of $236.54. The company has a market capitalization of $5.29 trillion, a P/E ratio of 27.73, a P/E/G ratio of 1.68 and a beta of 2.22. The company has a quick ratio of 3.85, a current ratio of 4.59 and a debt-to-equity ratio of 0.14.

NVIDIA (NASDAQ:NVDA - Get Free Report) last released 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. The company had revenue of $96.22 billion during the quarter, compared to the consensus estimate of $92.27 billion. NVIDIA had a net margin of 63.66% and a return on equity of 96.04%. The firm's quarterly revenue was up 105.9% on a year-over-year basis. During the same period in the previous year, the business earned $1.05 earnings per share. Analysts anticipate that NVIDIA Corporation will post 9.12 earnings per share for the current year.

NVIDIA Dividend Announcement

The business also recently disclosed a quarterly dividend, which will be paid on Thursday, October 1st. Shareholders of record on Thursday, September 10th will be issued a $0.25 dividend. The ex-dividend date of this dividend is Thursday, September 10th. This represents a $1.00 annualized dividend and a yield of 0.5%. NVIDIA's payout ratio is currently 12.64%.

Insiders Place Their Bets

In other news, EVP Timothy Teter sold 30,000 shares of the company's stock in a transaction 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 completion of the sale, the executive vice president directly owned 2,687,660 shares in the company, valued at approximately $585,587,360.80. This represents a 1.10% decrease in their position. The transaction was disclosed in a legal filing with the SEC, which can be accessed through this hyperlink. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Also, Director Mark Stevens sold 622,239 shares of the firm's stock in a transaction on Friday, September 4th. The stock was sold at an average price of $231.62, for a total value of $144,122,997.18. Following the completion of the transaction, the director owned 2,336,531 shares in the company, valued at $541,187,310.22. The trade was a 21.03% decrease in their position. The disclosure for this sale is available in the SEC filing. Over the last quarter, insiders have sold 1,700,740 shares of company stock valued at $385,015,077. Corporate insiders own 3.94% of the company's stock.

About NVIDIA

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.

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.