NVIDIA Corporation $NVDA is Annex Advisory Services LLC's 10th Largest Position

Key Points

• Annex Advisory Services reduced its NVIDIA position by 18.9% in the second quarter, selling 152,852 shares. It still held 656,898 shares valued at approximately $131.4 million, representing 2.2% of its portfolio.
• Wall Street sentiment remains strongly positive, with a consensus “Buy” rating and an average price target of $308.01. NVIDIA recently exceeded quarterly earnings and revenue expectations, with revenue rising 85.2% year over year.
• NVIDIA insiders sold approximately 1.9 million shares worth $410.6 million over the past three months, while the company authorized an $80 billion share-repurchase program.

Annex Advisory Services LLC lowered its position in shares of NVIDIA Corporation (NASDAQ:NVDA - Free Report) by 18.9% in the second quarter, according to the company in its most recent filing with the SEC. The firm owned 656,898 shares of the computer hardware maker's stock after selling 152,852 shares during the quarter. NVIDIA comprises about 2.2% of Annex Advisory Services LLC's portfolio, making the stock its 10th largest position. Annex Advisory Services LLC's holdings in NVIDIA were worth $131,439,000 at the end of the most recent reporting period.

Other large investors have also added to or reduced their stakes in the company. Lifetime Wealth Management P.C. purchased a new stake in NVIDIA in the fourth quarter valued at approximately $26,000. Longview Financial Advisors Inc. acquired a new stake in NVIDIA during the first quarter valued at $27,000. Longfellow Investment Management Co. LLC grew its position in shares of NVIDIA by 47.9% during the 2nd quarter. Longfellow Investment Management Co. LLC now owns 207 shares of the computer hardware maker's stock valued at $33,000 after acquiring an additional 67 shares during the period. Phillip James Consulting Co. acquired a new stake in NVIDIA in the first quarter valued at approximately $40,000. Finally, Spurstone Advisory Services LLC acquired a new stake in NVIDIA in the 2nd quarter valued at $40,000. Hedge funds and other institutional investors own 65.27% of the company's stock.

Wall Street Analysts Forecast Growth

Several equities research analysts recently issued reports on the company. Benchmark reiterated a "buy" rating on shares of NVIDIA in a report on Friday. William Blair reaffirmed an "outperform" rating on shares of NVIDIA in a research note on Tuesday, June 2nd. Needham & Company LLC reiterated a "buy" rating and set a $270.00 price target on shares of NVIDIA in a research report on Tuesday, June 2nd. Weiss Ratings reissued a "buy (b)" rating on shares of NVIDIA in a research note on Wednesday, July 8th. Finally, UBS Group reissued a "buy" rating on shares of NVIDIA in a research note on Friday, August 14th. Three research analysts have rated the stock with a Strong Buy rating, forty-nine have issued a Buy rating and two have given a Hold rating to the company. According to MarketBeat, the company currently has a consensus rating of "Buy" and a consensus target price of $308.01.

Insider Activity at NVIDIA

In related news, Director Mark A. Stevens sold 885,000 shares of the stock in a transaction that occurred on Thursday, June 18th. The stock was sold at an average price of $210.17, for a total value of $186,000,450.00. Following the completion of the transaction, the director directly owned 5,207,271 shares in the company, valued at approximately $1,094,412,146.07. This represents a 14.53% decrease in their ownership of the stock. The sale was disclosed in a legal filing with the SEC, which is accessible through this link. Also, Director John Dabiri sold 625 shares of the firm's stock in a transaction on Wednesday, May 27th. The stock was sold at an average price of $214.00, for a total value of $133,750.00. Following the sale, the director directly owned 14,163 shares of the company's stock, valued at approximately $3,030,882. This trade represents a 4.23% 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. Over the last three months, insiders have sold 1,901,125 shares of company stock worth $410,583,015. Insiders own 3.94% of the company's stock.

Trending Headlines about NVIDIA

Here are the key news stories impacting NVIDIA this week:

• Positive Sentiment: NVIDIA is reportedly in advanced talks to invest several hundred million dollars in Cloverleaf Infrastructure, a developer of U.S. data-center power and infrastructure. The move could help address the electricity bottleneck limiting AI capacity while strengthening NVIDIA’s role in projects that use its systems. Nvidia in Talks to Invest in Data-Center Power Developer Cloverleaf Infrastructure
• Positive Sentiment: Analyst support remains strong before earnings. BMO named NVIDIA its top semiconductor pick with a $340 price target, while Jefferies reportedly expects revenue to exceed consensus by roughly $3 billion. Consensus forecasts call for approximately $91 billion of quarterly revenue, supported by Blackwell and broader AI infrastructure demand. Nvidia stock dubbed top pick ahead of Q2 earnings
• Positive Sentiment: Reports that SpaceX is standardizing its AI infrastructure on NVIDIA chips reinforce the company’s competitive position and could support demand for its next-generation Vera Rubin platform. NVIDIA is also exploring a potential partnership or acquisition involving South Korean AI-chip designer Rebellions, indicating continued investment in its AI ecosystem. NVIDIA Could Snap up Korean AI Chip Startup Rebellions
• Neutral Sentiment: NVIDIA’s proposed investment in Cloverleaf follows other efforts to finance AI infrastructure and convert future GPU capacity into a financeable asset. The strategy could accelerate deployments, but it also exposes NVIDIA to capital-allocation and customer-financing risks. Nvidia Makes Another Bet on the AI Power Bottleneck
• Negative Sentiment: Investors are weighing possible competitive and product risks. NVIDIA is reportedly testing Rubin Ultra configurations with less high-bandwidth memory than originally planned, while Microsoft is preparing its own Maia 300 AI chip. These developments could raise questions about performance, supply availability and long-term customer diversification. NVIDIA and AMD: Rubin Ultra memory reports
• Negative Sentiment: NVIDIA denied a report that it plans small-batch shipments of a China-specific AI chip by year-end, removing a potential near-term catalyst. Analysts also say any renewed China H200 sales may have only a limited effect on revenue. Nvidia to ship AI chip for China by year-end
• Negative Sentiment: Higher Treasury yields and warnings from investors such as Michael Burry that AI data-center financing may be excessive are adding valuation pressure ahead of a high-expectation earnings event.

NVIDIA Stock Performance

NASDAQ:NVDA opened at $214.75 on Friday. The company's 50-day moving average is $207.47 and its two-hundred day moving average is $199.52. NVIDIA Corporation has a 1-year low of $164.07 and a 1-year high of $236.54. The company has a debt-to-equity ratio of 0.04, a current ratio of 3.44 and a quick ratio of 2.85. The firm has a market capitalization of $5.20 trillion, a price-to-earnings ratio of 32.89, a PEG ratio of 0.43 and a beta of 2.23.

NVIDIA (NASDAQ:NVDA - Get Free Report) last announced its quarterly earnings results on Wednesday, May 20th. The computer hardware maker reported $1.87 earnings per share (EPS) for the quarter, topping analysts' consensus estimates of $1.76 by $0.11. The business had revenue of $81.61 billion during the quarter, compared to the consensus estimate of $78.42 billion. NVIDIA had a net margin of 62.97% and a return on equity of 96.94%. The business's revenue was up 85.2% compared to the same quarter last year. During the same quarter last year, the firm earned $0.81 EPS. Analysts forecast that NVIDIA Corporation will post 8.8 EPS for the current year.

NVIDIA announced that its Board of Directors has initiated a stock repurchase plan on Wednesday, May 20th that authorizes the company to repurchase $80.00 billion in outstanding shares. This repurchase authorization authorizes the computer hardware maker to purchase up to 1.5% of its stock through open market purchases. Stock repurchase plans are often an indication that the company's management believes its shares are undervalued.

NVIDIA Profile

NVIDIA Corporation, founded in 1993 and headquartered in Santa Clara, California, is a global technology company that designs and develops graphics processing units (GPUs) and system-on-chip (SoC) technologies. Co-founded by Jensen Huang, who serves as president and chief executive officer, along with Chris Malachowsky and Curtis Priem, NVIDIA has grown from a graphics-focused chipmaker into a broad provider of accelerated computing hardware and software for multiple industries.

The company's product portfolio spans discrete GPUs for gaming and professional visualization (marketed under the GeForce and NVIDIA RTX lines), high-performance data center accelerators used for AI training and inference (including widely adopted platforms such as the A100 and H100 series), and Tegra SoCs for automotive and edge applications.

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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.

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