NVIDIA Corporation $NVDA Holdings Lessened by Castleview Partners LLC

Key Points

• Castleview Partners reduced its NVIDIA stake by 27.2% in the third quarter, selling 2,486 shares and retaining 6,661 shares valued at approximately $1.52 million. Other institutional investors increased their positions, and institutions collectively own 65.27% of NVIDIA.
• NVIDIA reported quarterly revenue of $96.22 billion and earnings of $2.22 per share, exceeding analyst expectations, while revenue more than doubled year over year. The company also authorized a $150 billion share-repurchase program and declared a $0.25 quarterly dividend.
• Analysts maintain a broadly bullish outlook, with a consensus “Buy” rating and average price target of $318.85 versus a recent share price near $202. However, elevated valuation, earnings-related volatility, AI spending concerns, competition, and supply-chain and geopolitical risks remain potential headwinds.

Castleview Partners LLC cut its stake in shares of NVIDIA Corporation (NASDAQ:NVDA - Free Report) by 27.2% during the third quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The firm owned 6,661 shares of the computer hardware maker's stock after selling 2,486 shares during the period. Castleview Partners LLC's holdings in NVIDIA were worth $1,521,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

Several other institutional investors have also recently made changes to their positions in the company. Stokes Capital Advisors LLC boosted its position in NVIDIA by 6.5% in the 3rd quarter. Stokes Capital Advisors LLC now owns 3,223 shares of the computer hardware maker's stock valued at $736,000 after buying an additional 198 shares during the period. Mirador Capital Partners LP raised its position in shares of NVIDIA by 2.1% in the 3rd quarter. Mirador Capital Partners LP now owns 74,467 shares of the computer hardware maker's stock worth $17,007,000 after acquiring an additional 1,524 shares in the last quarter. Capital Advisors Wealth Management LLC lifted its position in shares of NVIDIA by 2.1% during the third quarter. Capital Advisors Wealth Management LLC now owns 39,402 shares of the computer hardware maker's stock valued at $8,999,000 after buying an additional 819 shares during the last quarter. Williams & Novak Wealth Management LLC boosted its stake in NVIDIA by 33.0% in the third quarter. Williams & Novak Wealth Management LLC now owns 6,038 shares of the computer hardware maker's stock valued at $1,379,000 after acquiring an additional 1,499 shares in the last quarter. Finally, RFG Bristol Wealth Advisors LLC boosted its position in shares of NVIDIA by 1.6% in the 3rd quarter. RFG Bristol Wealth Advisors LLC now owns 15,248 shares of the computer hardware maker's stock worth $3,482,000 after purchasing an additional 246 shares in the last quarter. Institutional investors own 65.27% of the company's stock.

NVIDIA Trading Down 1.3%

NASDAQ NVDA opened at $202.06 on Tuesday. The company has a market capitalization of $4.87 trillion, a price-to-earnings ratio of 25.54, a price-to-earnings-growth ratio of 1.65 and a beta of 2.22. NVIDIA Corporation has a 12 month low of $164.27 and a 12 month high of $243.37. The firm's fifty day moving average price is $221.49 and its 200 day moving average price is $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 (NASDAQ:NVDA - Get Free Report) last posted its quarterly earnings data on Wednesday, August 26th. The computer hardware maker reported $2.22 earnings per share 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 business had revenue of $96.22 billion during the quarter, compared to the consensus estimate of $92.27 billion. During the same period in the prior year, the company earned $1.05 earnings per share. The company's revenue was up 105.9% compared to the same quarter last year. On average, sell-side analysts expect that NVIDIA Corporation will post 9.30 earnings per share for the current fiscal year.

NVIDIA Dividend Announcement

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

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

Analysts Set New Price Targets

NVDA has been the topic of several research analyst reports. Piper Sandler began coverage on shares of NVIDIA in a research report on Wednesday, September 9th. They set an "overweight" rating and a $300.00 target price on the stock. Wedbush boosted their target price on shares of NVIDIA from $330.00 to $345.00 and gave the company an "outperform" rating in a research note on Thursday, August 27th. Mizuho set a $315.00 target price on shares of NVIDIA and gave the company an "outperform" rating in a research report on Thursday, August 27th. KeyCorp reaffirmed an "overweight" rating and set a $330.00 price objective on shares of NVIDIA in a research note on Monday, August 24th. Finally, Wall Street Zen lowered shares of NVIDIA from a "strong-buy" rating to a "buy" rating in a research report on Saturday, October 24th. Five equities research analysts have rated the stock with a Strong Buy rating, forty-eight have issued a Buy rating and one has given a Hold rating to the company. According to data from MarketBeat.com, the company presently has a consensus rating of "Buy" and an average target price of $318.85.

Key Stories Impacting NVIDIA

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

Insiders Place Their Bets

In other news, Director Mark A. Stevens sold 622,239 shares of the stock in a transaction that occurred on Friday, September 4th. The shares were sold at an average price of $231.62, for a total value of $144,122,997.18. Following the sale, the director directly owned 2,336,531 shares in the company, valued at $541,187,310.22. This represents a 21.03% decrease in their ownership of the stock. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is available through the SEC website. Also, EVP Timothy S. Teter sold 30,460 shares of NVIDIA stock in a transaction dated Monday, September 21st. The stock was sold at an average price of $222.80, for a total value of $6,786,488.00. Following the sale, the executive vice president owned 2,687,660 shares of the company's stock, valued at approximately $598,810,648. This represents a 1.12% 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. In the last ninety days, insiders have sold 1,766,118 shares of company stock worth $399,450,353. Corporate insiders own 3.94% of the company's stock.

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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