NVIDIA Corporation $NVDA Holdings Decreased by CogentBlue Wealth Advisors LLC

Key Points

• CogentBlue Wealth Advisors cut its NVIDIA position by 92.3% in the third quarter, selling 19,595 shares and retaining 1,640 shares valued at approximately $375,000. Institutional investors collectively own 65.27% of NVIDIA.
• NVIDIA faces a mixed outlook ahead of its Nov. 17 earnings report: strong AI infrastructure demand and analyst optimism support growth, but elevated valuation, potential spending slowdowns, supply commitments, competition and geopolitical risks remain concerns.
• The stock opened at $202.06, down 1.3%, while analysts maintained a consensus “Buy” rating with an average price target of $318.85. NVIDIA also authorized a $150 billion share-repurchase program and recently paid a quarterly dividend of $0.25 per share.

CogentBlue Wealth Advisors LLC lowered its position in NVIDIA Corporation (NASDAQ:NVDA - Free Report) by 92.3% in the 3rd quarter, according to its most recent disclosure with the Securities and Exchange Commission (SEC). The firm owned 1,640 shares of the computer hardware maker's stock after selling 19,595 shares during the quarter. CogentBlue Wealth Advisors LLC's holdings in NVIDIA were worth $375,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

A number of other large investors have also added to or reduced their stakes in NVDA. Montgomery Financial Services LLC bought a new position in shares of NVIDIA during the second quarter valued at $28,000. Langley Wealth Management LLC acquired a new position in shares of NVIDIA during the second quarter worth $34,000. Phillip James Consulting Co. bought a new stake in shares of NVIDIA in the first quarter worth $40,000. Bard Associates Inc. grew its stake in shares of NVIDIA by 8,866.7% in the second quarter. Bard Associates Inc. now owns 269 shares of the computer hardware maker's stock worth $54,000 after purchasing an additional 266 shares during the last quarter. Finally, Frankly Finances LLC bought a new stake in shares of NVIDIA in the second quarter worth $60,000. Institutional investors own 65.27% of the company's stock.

NVIDIA News Summary

Here are the key news stories impacting NVIDIA this week:

• Positive Sentiment: Strong demand expectations ahead of Nov. 17 earnings: NVIDIA has guided for approximately $108 billion in quarterly revenue, while analysts expect a modest beat. Recent coverage points to continued hyperscaler capital spending, potentially exceeding $1 trillion next year, supporting demand for NVIDIA’s data-center accelerators. Prediction: Nvidia Stock Is Going to Soar After Nov. 17
• Positive Sentiment: Analysts still see upside: Melius Research maintained a Buy rating despite reducing its price target to $315 from $420. Other previews forecast another earnings beat, with revenue near $113 billion and supply—not demand—as the primary constraint. Melius Research NVIDIA rating
• Positive Sentiment: Additional AI growth opportunities: NVIDIA is reportedly positioned to benefit from SpaceX’s planned AI data-center buildout, while its investment in AI startup Hark could expand future ecosystem demand. Edge-computing markets that include NVIDIA are also forecast to grow rapidly through 2030. Nvidia: SpaceX Offers An Ignored Bonus
• Neutral Sentiment: Earnings volatility remains high: NVIDIA exceeded management’s revenue forecast range in each of its past 10 reports, but shares declined the following day in six instances. This suggests a strong report may already be partly anticipated by investors. Nvidia Reports Nov. 17
• Negative Sentiment: Valuation and technical pressure: Commentators described NVIDIA’s chart as vulnerable and argued that major AI-chip stocks have not sold off enough to become compelling bargains. A market strategist also called NVIDIA’s valuation “unbelievable.” Nvidia Rebounds but Its Stock Chart Is Looking Really Ugly
• Negative Sentiment: Spending and execution risks: A prominent investor sold most of his NVIDIA position while warning that AI infrastructure spending could slow. Separate analysis highlighted $279 billion in supply commitments, rising receivables and inventory, increasing balance-sheet risk. Wall Street Veteran Dumps Most of His NVIDIA Stake
• Negative Sentiment: Geopolitical and competitive concerns: NVIDIA’s humanoid-robot reference platforms rely on hands from Chinese-linked startups, highlighting potential supply-chain and regulatory exposure. Investors are also watching AMD’s Helios AI-system ramp as a measure of whether competition is gaining ground. Nvidia’s humanoid push relies on China-made robot hands

Analysts Set New Price Targets

A number of analysts recently weighed in on NVDA shares. Weiss Ratings upgraded NVIDIA from a "buy (b)" rating to a "buy (b+)" rating in a report on Friday, October 16th. Piper Sandler initiated coverage on NVIDIA in a report on Wednesday, September 9th. They set an "overweight" rating and a $300.00 target price on the stock. Cantor Fitzgerald reiterated an "overweight" rating and issued a $350.00 price target on shares of NVIDIA in a research report on Thursday, October 1st. Wells Fargo & Company set a $210.00 price target on NVIDIA in a research report on Friday, October 2nd. Finally, Truist Financial increased their price target on NVIDIA from $307.00 to $346.00 and gave the company a "buy" rating in a research note on Thursday, August 27th. Five investment analysts have rated the stock with a Strong Buy rating, forty-eight have assigned a Buy rating and one has given a Hold rating to the company. According to MarketBeat.com, the company currently has a consensus rating of "Buy" and a consensus price target of $318.85.

NVIDIA Trading Down 1.3%

NASDAQ NVDA opened at $202.06 on Tuesday. The stock has a market capitalization of $4.87 trillion, a P/E ratio of 25.54, a P/E/G ratio of 1.65 and a beta of 2.22. The business has a 50 day simple moving average of $221.49 and a 200 day simple moving average of $204.33. 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 Corporation has a one year low of $164.27 and a one year high of $243.37.

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. The firm had revenue of $96.22 billion for 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 company's revenue was up 105.9% compared to the same quarter last year. During the same period in the previous year, the firm earned $1.05 earnings per share. Research analysts expect 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 given a dividend of $0.25 per share. This represents a $1.00 dividend on an annualized basis and a dividend yield of 0.5%. The ex-dividend date was Thursday, September 10th. NVIDIA's payout ratio is presently 12.64%.

NVIDIA declared that its board has authorized a share repurchase program on Monday, September 28th that permits the company to buy back $150 billion in shares. This buyback authorization permits the computer hardware maker to buy up to 2.8% of its stock through open market purchases. Share buyback programs are generally a sign that the company's leadership believes its shares are undervalued.

Insider Buying and Selling

In other NVIDIA news, 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 approximately $598,810,648. The trade was a 1.12% decrease in their ownership of the stock. The transaction was disclosed in a document filed with the SEC, which is accessible through this hyperlink. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Also, Director Mark A. Stevens sold 622,239 shares of the company's stock in a transaction dated Friday, September 4th. The shares were sold at an average price of $231.62, for a total transaction of $144,122,997.18. Following the transaction, the director owned 2,336,531 shares in the company, valued at $541,187,310.22. This represents a 21.03% decrease in their position. The disclosure for this sale is available in the SEC filing. Insiders have sold a total of 1,766,118 shares of company stock valued at $399,450,353 over the last ninety days. 3.94% of the stock is owned by corporate insiders.

NVIDIA 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.

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