NVIDIA Corporation $NVDA is Hidden Cove Wealth Management LLC's 9th Largest Position

Key Points

• Hidden Cove Wealth Management increased its NVIDIA stake by 12.1% in the second quarter to 29,584 shares, making NVDA its ninth-largest holding and representing 3.3% of its portfolio. Institutional investors collectively own 65.27% of the company.
• NVIDIA reported quarterly earnings of $2.22 per share and $96.22 billion in revenue, beating estimates, while revenue surged 105.9% year over year. The company also authorized an $80 billion share-repurchase plan and declared a quarterly dividend of $0.25 per share.
• Analysts maintain a consensus “Buy” rating with a $324.34 price target, but substantial insider selling—including a $144.1 million sale by director Mark Stevens—and regulatory and competitive concerns remain potential risks.

Hidden Cove Wealth Management LLC raised its stake in shares of NVIDIA Corporation (NASDAQ:NVDA - Free Report) by 12.1% during the 2nd quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission. The institutional investor owned 29,584 shares of the computer hardware maker's stock after acquiring an additional 3,201 shares during the period. NVIDIA comprises approximately 3.3% of Hidden Cove Wealth Management LLC's investment portfolio, making the stock its 9th largest holding. Hidden Cove Wealth Management LLC's holdings in NVIDIA were worth $5,920,000 as of its most recent filing with the Securities and Exchange Commission.

A number of other hedge funds have also recently bought and sold shares of the company. Defender Capital LLC. boosted its stake in shares of NVIDIA by 0.7% in the 2nd quarter. Defender Capital LLC. now owns 7,534 shares of the computer hardware maker's stock worth $1,507,000 after buying an additional 50 shares during the last quarter. Spectrum Financial Alliance Ltd LLC increased its position in shares of NVIDIA by 3.8% during the first quarter. Spectrum Financial Alliance Ltd LLC now owns 1,395 shares of the computer hardware maker's stock valued at $243,000 after acquiring an additional 51 shares during the last quarter. PFS Partners LLC increased its position in shares of NVIDIA by 1.2% during the second quarter. PFS Partners LLC now owns 4,375 shares of the computer hardware maker's stock valued at $875,000 after acquiring an additional 51 shares during the last quarter. LMG Wealth Partners LLC lifted its holdings in NVIDIA by 0.7% during the fourth quarter. LMG Wealth Partners LLC now owns 7,649 shares of the computer hardware maker's stock worth $1,427,000 after acquiring an additional 53 shares during the period. Finally, Vision Financial Markets LLC lifted its holdings in NVIDIA by 1.2% during the third quarter. Vision Financial Markets LLC now owns 4,640 shares of the computer hardware maker's stock worth $866,000 after acquiring an additional 53 shares during the period. 65.27% of the stock is owned by hedge funds and other institutional investors.

NVIDIA Price Performance

Shares of NASDAQ NVDA opened at $218.36 on Friday. 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 stock has a market cap of $5.26 trillion, a PE ratio of 27.61, a price-to-earnings-growth ratio of 1.75 and a beta of 2.22. The stock has a fifty day moving average of $212.82 and a 200-day moving average of $203.23.

NVIDIA (NASDAQ:NVDA - Get Free Report) last issued its earnings results on Wednesday, August 26th. The computer hardware maker reported $2.22 EPS for the quarter, topping the consensus estimate of $2.09 by $0.13. The business had revenue of $96.22 billion during the quarter, compared to the consensus estimate of $92.27 billion. NVIDIA had a return on equity of 96.04% and a net margin of 63.66%.The firm's revenue was up 105.9% compared to the same quarter last year. During the same quarter last year, the company earned $1.05 EPS. Equities research analysts anticipate that NVIDIA Corporation will post 9.1 earnings per share for the current year.

NVIDIA announced that its board has authorized a share repurchase plan on Wednesday, May 20th that authorizes the company to buyback $80.00 billion in shares. This buyback authorization authorizes the computer hardware maker to reacquire up to 1.5% of its shares through open market purchases. Shares buyback plans are usually an indication that the company's board believes its stock is undervalued.

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 issued a dividend of $0.25 per share. This represents a $1.00 dividend on an annualized basis and a yield of 0.5%. The ex-dividend date of this dividend is Thursday, September 10th. NVIDIA's dividend payout ratio is 12.64%.

Insider Activity at NVIDIA

In other NVIDIA news, EVP Timothy S. Teter sold 30,000 shares of NVIDIA stock in a transaction that occurred on Monday, August 31st. The shares were 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 $585,587,360.80. The trade was a 1.10% decrease in their ownership of the stock. The sale was disclosed in a document filed with the SEC, which is available 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 NVIDIA stock in a transaction on Friday, September 4th. The stock was sold at an average price of $231.62, for a total transaction of $144,122,997.18. Following the sale, the director directly owned 2,336,531 shares of the company's stock, valued at $541,187,310.22. This represents a 21.03% decrease in their ownership of the stock. Additional details regarding this sale are available in the official SEC disclosure. Insiders sold a total of 2,585,740 shares of company stock worth $571,015,527 over the last quarter. Corporate insiders own 3.94% of the company's stock.

Analyst Upgrades and Downgrades

A number of brokerages have issued reports on NVDA. Wolfe Research restated an "outperform" rating and issued a $275.00 price objective on shares of NVIDIA in a research note on Thursday, May 21st. Evercore set a $465.00 target price on NVIDIA and gave the stock an "outperform" rating in a research note on Thursday, August 27th. Morgan Stanley set a $300.00 price target on shares of NVIDIA and gave the stock an "overweight" rating in a report on Thursday, August 27th. President Capital increased their price target on shares of NVIDIA from $295.00 to $330.00 in a research report on Thursday, August 27th. Finally, Robert W. Baird set a $500.00 price objective on shares of NVIDIA and gave the stock an "outperform" rating in a research report on Thursday, May 21st. Two investment analysts have rated the stock with a Strong Buy rating, fifty-one have given a Buy rating and two have issued a Hold rating to the stock. Based on data from MarketBeat, the company presently has an average rating of "Buy" and a consensus target price of $324.34.

Key Headlines Impacting NVIDIA

Here are the key news stories impacting NVIDIA this week:

• Positive Sentiment: NVIDIA’s AI growth outlook remains exceptionally strong. CEO Jensen Huang said revenue could grow roughly 70% next year, while the company’s next-generation Rubin platform is already shipping. Recent quarterly revenue reached $96.2 billion, up about 106% year over year, exceeding estimates and reinforcing expectations for continued data-center demand. Nvidia Has $96 Billion in Quarterly Revenue
• Positive Sentiment: Microsoft reportedly plans to more than triple its data-center capacity, a potentially significant demand catalyst for NVIDIA’s GPUs, networking products and full-stack systems. Strong August revenue growth at manufacturing partner TSMC also signals that AI-chip orders remain robust. Microsoft Data Center Expansion
• Positive Sentiment: NVIDIA is expanding its ecosystem through a planned Australian AI-infrastructure buildout of up to 2 gigawatts by 2027, partnerships with Palantir for sovereign supply-chain AI, and adoption of its chip-linking technology by d-Matrix. These initiatives broaden demand beyond traditional hyperscalers. Australian AI Infrastructure Expansion
• Neutral Sentiment: Competition and valuation remain investor concerns. Positron AI raised $875 million to develop memory-based inference technology that could challenge NVIDIA’s software and hardware advantage, while AMD and Broadcom are being promoted as alternative AI investments. High Treasury yields also make NVIDIA’s elevated valuation more difficult to justify.
• Negative Sentiment: The Justice Department is reportedly investigating whether NVIDIA’s licensing arrangement with AI-chip startup Groq was structured to avoid antitrust scrutiny. Any regulatory action could limit strategic flexibility or increase legal uncertainty. DOJ Groq Licensing Investigation
• Negative Sentiment: Insider selling is weighing on sentiment: director Mark Stevens reportedly sold hundreds of thousands of shares, and broader recent filings show substantial insider sales with no reported purchases. The transactions do not prove weakening fundamentals, but they can encourage profit-taking after the stock’s strong rally.
• Negative Sentiment: Higher oil prices, rising bond yields and a hotter inflation reading have pressured technology stocks broadly. These macro forces, combined with concerns about AI-capital-spending sustainability and fresh regulatory scrutiny, help explain why NVIDIA has decreased despite strong company-specific news.

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.

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