NVIDIA Corporation $NVDA Position Increased by PDS Planning Inc

Key Points

• PDS Planning increased its NVIDIA position by 2.1% in the second quarter, bringing its holdings to 180,460 shares valued at approximately $36.1 million. Institutional investors collectively own 65.27% of NVIDIA.
• NVIDIA reported stronger-than-expected quarterly results, with $2.22 in EPS and $96.22 billion in revenue, up 105.9% year over year. Analysts remain broadly bullish, with a consensus “Buy” rating and an average price target of $324.14.
• Despite robust AI demand and progress on next-generation products, NVIDIA faces risks from higher Treasury yields, rising memory costs and insider selling. The stock opened at $224.58, near its 12-month high of $236.54.

PDS Planning Inc raised its position in NVIDIA Corporation (NASDAQ:NVDA - Free Report) by 2.1% during the 2nd quarter, according to its most recent disclosure with the SEC. The fund owned 180,460 shares of the computer hardware maker's stock after purchasing an additional 3,771 shares during the period. NVIDIA comprises approximately 2.1% of PDS Planning Inc's portfolio, making the stock its 10th biggest holding. PDS Planning Inc's holdings in NVIDIA were worth $36,108,000 at the end of the most recent quarter.

Other hedge funds have also made changes to their positions in the company. Weinberger Asset Management Inc raised its stake in shares of NVIDIA by 2.6% during the 2nd quarter. Weinberger Asset Management Inc now owns 10,424 shares of the computer hardware maker's stock worth $2,093,000 after buying an additional 261 shares during the last quarter. Janney Montgomery Scott LLC grew its stake in NVIDIA by 4.8% in the 2nd quarter. Janney Montgomery Scott LLC now owns 4,692,290 shares of the computer hardware maker's stock valued at $938,880,000 after acquiring an additional 214,621 shares during the last quarter. LiftPoint Family Wealth Advisors LLC increased its holdings in NVIDIA by 58.2% during the 2nd quarter. LiftPoint Family Wealth Advisors LLC now owns 10,121 shares of the computer hardware maker's stock valued at $2,025,000 after acquiring an additional 3,725 shares in the last quarter. Mccarter Private Wealth Services LLC increased its holdings in NVIDIA by 3.1% during the 2nd quarter. Mccarter Private Wealth Services LLC now owns 11,268 shares of the computer hardware maker's stock valued at $2,255,000 after acquiring an additional 335 shares in the last quarter. Finally, Beacon Bridge Wealth Partners LLC increased its stake in shares of NVIDIA by 3.5% during the 2nd quarter. Beacon Bridge Wealth Partners LLC now owns 7,270 shares of the computer hardware maker's stock worth $1,455,000 after purchasing an additional 245 shares in the last quarter. Hedge funds and other 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: AI demand remains exceptionally strong. Commentary indicates NVIDIA’s management sees a path to roughly 70% revenue growth in fiscal 2028, well above the approximately 45% previously modeled by analysts. This suggests hyperscaler spending and demand for NVIDIA’s accelerated-computing systems may remain robust for longer than expected. NVIDIA demand growth article
• Positive Sentiment: The Vera Rubin rollout is progressing, with Super Micro Computer reportedly shipping liquid-cooled NVL72 racks for customer deployments. Successful system integration supports NVIDIA’s next-generation sales cycle and reinforces demand for related data-center infrastructure. Vera Rubin shipment article
• Positive Sentiment: Sanford C. Bernstein reaffirmed its “Buy” rating, while other research coverage continues to favor NVIDIA over competing AI-chip stocks because of its faster growth, stronger margins and broader hardware, networking and software ecosystem. NVIDIA versus Marvell analysis
• Neutral Sentiment: NVIDIA’s reported agreement to acquire Hugging Face for nearly $13 billion would expand its access to AI models, developers, datasets and distribution. The strategic benefits could be significant, but the deal’s high price relative to Hugging Face’s reported revenue creates execution and valuation risk. Hugging Face acquisition analysis
• Negative Sentiment: Higher Treasury yields are making expensive technology stocks less attractive and increasing the risk of valuation compression. This macro pressure was the clearest reason for weakness across NVIDIA and other semiconductor shares. Semiconductor stocks and Treasury yields
• Negative Sentiment: Management expects higher memory costs to pressure gross margins, indicating that pricing power is shifting toward memory and optical-networking suppliers. NVIDIA also faces scrutiny from large insider sales, including an approximately $6.8 million Rule 10b5-1 sale by EVP Timothy Teter, although the transaction was prearranged. NVIDIA insider sale

Wall Street Analyst Weigh In

A number of equities research analysts recently issued reports on NVDA shares. Needham & Company LLC reaffirmed a "buy" rating and issued a $300.00 target price on shares of NVIDIA in a research note on Friday, September 4th. Jefferies Financial Group reiterated a "buy" rating on shares of NVIDIA in a research report on Wednesday, August 26th. Rothschild & Co Redburn upped their target price on shares of NVIDIA from $300.00 to $325.00 in a report on Thursday, August 27th. The Goldman Sachs Group reaffirmed a "buy" rating on shares of NVIDIA in a research note on Thursday, September 10th. Finally, KeyCorp reiterated an "overweight" rating and issued a $330.00 price target on shares of NVIDIA in a report on Monday, August 24th. Four investment analysts have rated the stock with a Strong Buy rating, fifty have given a Buy rating and one has assigned a Hold rating to the company. According to data from MarketBeat.com, the stock currently has an average rating of "Buy" and a consensus price target of $324.14.

NVIDIA Stock Performance

NVIDIA stock opened at $224.58 on Friday. The company has a market cap of $5.41 trillion, a price-to-earnings ratio of 28.39, a price-to-earnings-growth ratio of 1.77 and a beta of 2.22. NVIDIA Corporation has a 12 month low of $164.27 and a 12 month high of $236.54. The company has a debt-to-equity ratio of 0.14, a current ratio of 4.59 and a quick ratio of 3.85. The stock's 50-day moving average is $216.08 and its 200-day moving average is $205.72.

NVIDIA (NASDAQ:NVDA - Get Free Report) last posted its 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. The firm had revenue of $96.22 billion during the quarter, compared to the consensus estimate of $92.27 billion. NVIDIA had a net margin of 63.66% and a return on equity of 96.04%. The company's revenue was up 105.9% on a year-over-year basis. During the same quarter in the prior year, the company earned $1.05 EPS. Equities analysts anticipate that NVIDIA Corporation will post 9.25 earnings per share for the current year.

NVIDIA Announces Dividend

The firm also recently disclosed a quarterly dividend, which will be paid on Thursday, October 1st. Stockholders of record on Thursday, September 10th will be given a $0.25 dividend. The ex-dividend date of this dividend is Thursday, September 10th. This represents a $1.00 annualized dividend and a dividend yield of 0.4%. NVIDIA's dividend payout ratio is presently 12.64%.

Insider Activity at NVIDIA

In other NVIDIA news, EVP Timothy S. Teter sold 30,460 shares of the firm's 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 transaction, the executive vice president directly owned 2,687,660 shares of the company's stock, valued at $598,810,648. This trade represents a 1.12% decrease in their ownership of the stock. The transaction 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, CFO Colette Kress sold 34,918 shares of the company's stock in a transaction dated Thursday, September 17th. The stock was sold at an average price of $219.05, for a total value of $7,648,787.90. Following the completion of the sale, the chief financial officer directly owned 765,103 shares of the company's stock, valued at $167,595,812.15. The trade was a 4.36% decrease in their position. The disclosure for this sale is available in the SEC filing. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. In the last 90 days, insiders have sold 1,766,118 shares of company stock worth $399,450,353. 3.94% of the stock is currently owned by corporate insiders.

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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