NVIDIA Corporation $NVDA is Griffin Asset Management Inc.'s 9th Largest Position

Griffin Asset Management Inc. increased its holdings in shares of NVIDIA Corporation (NASDAQ:NVDA - Free Report) by 8.7% in the second quarter, according to its most recent 13F filing with the Securities and Exchange Commission. The fund owned 98,014 shares of the computer hardware maker's stock after purchasing an additional 7,860 shares during the quarter. NVIDIA accounts for approximately 2.1% of Griffin Asset Management Inc.'s portfolio, making the stock its 9th biggest position. Griffin Asset Management Inc.'s holdings in NVIDIA were worth $19,612,000 as of its most recent SEC filing.

Several other institutional investors and hedge funds have also recently bought and sold shares of the stock. Bank of America Corp DE boosted its position in shares of NVIDIA by 2.1% during the 1st quarter. Bank of America Corp DE now owns 191,200,989 shares of the computer hardware maker's stock worth $33,345,453,000 after purchasing an additional 4,019,505 shares during the period. Invesco Ltd. raised its position in NVIDIA by 0.3% in the fourth quarter. Invesco Ltd. now owns 143,239,504 shares of the computer hardware maker's stock valued at $26,714,167,000 after purchasing an additional 446,178 shares during the period. Amundi lifted its stake in NVIDIA by 10.4% during the first quarter. Amundi now owns 133,768,018 shares of the computer hardware maker's stock worth $23,329,141,000 after purchasing an additional 12,575,177 shares in the last quarter. J. Stern & Co. LLP lifted its stake in NVIDIA by 13,709.1% during the fourth quarter. J. Stern & Co. LLP now owns 125,760,307 shares of the computer hardware maker's stock worth $23,454,297,000 after purchasing an additional 124,849,603 shares in the last quarter. Finally, Dimensional Fund Advisors LP boosted its position in shares of NVIDIA by 0.6% during the first quarter. Dimensional Fund Advisors LP now owns 94,521,253 shares of the computer hardware maker's stock worth $16,479,126,000 after buying an additional 555,221 shares during the period. 65.27% of the stock is currently owned by hedge funds and other institutional investors.

Wall Street Analyst Weigh In

Several equities research analysts recently issued reports on NVDA shares. Bank of America reiterated a "buy" rating and issued a $350.00 price objective (up from $320.00) on shares of NVIDIA in a report on Thursday, May 21st. Raymond James Financial set a $515.00 target price on NVIDIA and gave the company a "strong-buy" rating in a report on Thursday, August 27th. Deutsche Bank Aktiengesellschaft reaffirmed a "buy" rating on shares of NVIDIA in a research report on Monday, August 31st. Itau BBA Securities reduced their price target on shares of NVIDIA from $256.00 to $218.00 in a research report on Wednesday, June 24th. Finally, Stifel Nicolaus set a $315.00 price objective on shares of NVIDIA in a research note on Thursday, August 27th. Three research analysts have rated the stock with a Strong Buy rating, fifty have assigned a Buy rating and two have issued a Hold rating to the stock. According to MarketBeat.com, the stock presently has a consensus rating of "Buy" and a consensus target price of $324.34.

NVIDIA Stock Up 0.6%

NVDA stock opened at $212.17 on Wednesday. The company's 50 day moving average price is $213.90 and its 200 day moving average price is $203.66. The company has a debt-to-equity ratio of 0.14, a quick ratio of 3.85 and a current ratio of 4.59. NVIDIA Corporation has a fifty-two week low of $164.27 and a fifty-two week high of $236.54. The firm has a market capitalization of $5.11 trillion, a price-to-earnings ratio of 26.82, a PEG ratio of 1.65 and a beta of 2.22.

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, topping 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 company had revenue of $96.22 billion during the quarter, compared to the consensus estimate of $92.27 billion. During the same quarter in the previous year, the firm earned $1.05 earnings per share. The firm's quarterly revenue was up 105.9% on a year-over-year basis. On average, equities research analysts anticipate that NVIDIA Corporation will post 9.12 EPS for the current fiscal year.

NVIDIA Announces Dividend

The company also recently announced a quarterly dividend, which will be paid on Thursday, October 1st. Investors of record on Thursday, September 10th will be paid a dividend of $0.25 per share. The ex-dividend date is Thursday, September 10th. This represents a $1.00 dividend on an annualized basis and a dividend yield of 0.5%. NVIDIA's payout ratio is presently 12.64%.

NVIDIA announced that its Board of Directors has authorized a stock repurchase program on Wednesday, May 20th that authorizes the company to buyback $80.00 billion in shares. This buyback authorization authorizes the computer hardware maker to buy up to 1.5% of its stock through open market purchases. Stock buyback programs are generally a sign that the company's management believes its shares are undervalued.

Insiders Place Their Bets

In other news, Director Mark A. Stevens sold 885,000 shares of the company's stock in a transaction dated Thursday, June 18th. The stock was sold at an average price of $210.17, for a total transaction of $186,000,450.00. Following the completion of the transaction, the director directly owned 5,207,271 shares of the company's stock, valued at approximately $1,094,412,146.07. This represents a 14.53% decrease in their position. The transaction was disclosed in a legal filing with the SEC, which can be accessed through this link. Also, EVP Timothy S. Teter sold 30,000 shares of the stock in a transaction dated Monday, August 31st. The shares were sold at an average price of $217.88, for a total value of $6,536,400.00. Following the completion of the transaction, the executive vice president owned 2,687,660 shares in the company, valued at approximately $585,587,360.80. The trade was a 1.10% decrease in their position. Additional details regarding this sale are available in the official SEC disclosure. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. In the last quarter, insiders have sold 2,585,740 shares of company stock valued at $571,015,527. 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: Management pushed back against AI slowdown concerns. CEO Jensen Huang said AI safety risks should be addressed through engineering and testing rather than new regulations, while also arguing that demand for data-center infrastructure remains strong. His planned attendance at a U.S.-China state dinner could also support investor hopes for constructive technology discussions. Nvidia's Huang on AI safety and antitrust
• Positive Sentiment: New products and partnerships reinforce ecosystem demand. Salesforce launched Koa, a CRM reasoning model built on NVIDIA’s Nemotron platform. NVIDIA is also expanding CUDA-Q Logical, which links GPUs with quantum processors and could create longer-term demand for GPUs, networking equipment and DGX systems. Salesforce launches Koa
• Positive Sentiment: Supply-chain developments point to sustained demand. MediaTek launched a flagship chip using TSMC’s 2-nanometer process, while its broader partnership with NVIDIA includes custom AI chips, PCs and automotive applications. Separate reports highlight demand for NVIDIA’s GB300 systems and the high GPU content of upcoming Vera Rubin racks. TSMC 2-nanometer technology and NVIDIA partnership
• Neutral Sentiment: Analysts remain broadly constructive but acknowledge execution risks. Commentary points to NVIDIA’s strong profitability, broad AI ecosystem and potential growth in CPUs, networking, inference and quantum computing. However, much of this optimism depends on successfully deploying new products and maintaining hyperscaler capital spending. NVIDIA revenue guidance outlook
• Negative Sentiment: AI spending and valuation concerns continue to cap upside. Calls from AI executives to slow frontier-model development have raised questions about whether enormous data-center investments can continue at the same pace. Higher Treasury yields and oil prices are also pressuring high-growth technology valuations, while rising memory costs may weigh on NVIDIA’s gross margins. AI development slowdown concerns

NVIDIA Profile

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.

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