NVIDIA Corporation $NVDA Position Lifted by Envestnet Portfolio Solutions Inc.

Key Points

• Envestnet Portfolio Solutions increased its NVIDIA stake by 6.7% in the second quarter, bringing its holdings to 997,308 shares valued at approximately $199.5 million. Institutional investors and hedge funds collectively own 65.27% of NVIDIA.
• Wall Street remains broadly bullish, with a consensus “Buy” rating and an average price target of $321.47. NVIDIA recently exceeded quarterly earnings and revenue expectations, reporting $2.22 in EPS and $96.22 billion in revenue.
• NVIDIA authorized a $150 billion share-repurchase program, while insiders have sold approximately $399.5 million of stock over the past 90 days. The company’s outlook is supported by AI-related expansion, but analysts also cite competition and funding concerns surrounding AI infrastructure as risks.

Envestnet Portfolio Solutions Inc. raised its position in shares of NVIDIA Corporation (NASDAQ:NVDA - Free Report) by 6.7% in the second quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission. The firm owned 997,308 shares of the computer hardware maker's stock after acquiring an additional 62,828 shares during the period. NVIDIA makes up 0.9% of Envestnet Portfolio Solutions Inc.'s portfolio, making the stock its 25th biggest position. Envestnet Portfolio Solutions Inc.'s holdings in NVIDIA were worth $199,533,000 at the end of the most recent quarter.

Several other institutional investors and hedge funds also recently added to or reduced their stakes in NVDA. Envestnet Asset Management Inc. boosted its holdings in NVIDIA by 3.7% in the 2nd quarter. Envestnet Asset Management Inc. now owns 23,901,229 shares of the computer hardware maker's stock worth $4,782,365,000 after acquiring an additional 856,390 shares during the period. State Street Corp grew its position in NVIDIA by 1.6% in the second quarter. State Street Corp now owns 1,009,783,437 shares of the computer hardware maker's stock valued at $202,047,568,000 after acquiring an additional 15,897,836 shares in the last quarter. Wellington Altus USA Inc. raised its stake in shares of NVIDIA by 8.0% during the second quarter. Wellington Altus USA Inc. now owns 14,583 shares of the computer hardware maker's stock valued at $2,918,000 after purchasing an additional 1,081 shares during the period. Anchor Investment Management LLC raised its stake in shares of NVIDIA by 4.7% during the second quarter. Anchor Investment Management LLC now owns 90,989 shares of the computer hardware maker's stock valued at $18,206,000 after purchasing an additional 4,049 shares during the period. Finally, Bullseye Investment Management LLC purchased a new stake in shares of NVIDIA during the second quarter valued at approximately $396,000. 65.27% of the stock is currently owned by institutional investors and hedge funds.

Wall Street Analysts Forecast Growth

NVDA has been the topic of a number of recent research reports. Sanford C. Bernstein reissued a "buy" rating on shares of NVIDIA in a research report on Monday, September 21st. Mizuho set a $315.00 price target on shares of NVIDIA and gave the company an "outperform" rating in a report on Thursday, August 27th. Rothschild & Co Redburn raised their price target on shares of NVIDIA from $300.00 to $325.00 in a report on Thursday, August 27th. Citigroup reaffirmed a "buy" rating and set a $315.00 price target (up from $300.00) on shares of NVIDIA in a research note on Thursday, August 27th. Finally, Evercore set a $465.00 price objective on shares of NVIDIA and gave the stock an "outperform" rating in a report on Thursday, August 27th. Five investment analysts have rated the stock with a Strong Buy rating, forty-nine have assigned a Buy rating and one has given a Hold rating to the company's stock. According to data from MarketBeat.com, NVIDIA currently has a consensus rating of "Buy" and an average price target of $321.47.

Insider Buying and Selling at NVIDIA

In other NVIDIA news, Director Mark Stevens sold 622,239 shares of the stock in a transaction on Friday, September 4th. The shares were sold at an average price of $231.62, for a total transaction of $144,122,997.18. Following the transaction, 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 position. The transaction was disclosed in a legal filing with the SEC, which is available through this link. Also, CFO Colette Kress sold 34,918 shares of the firm's stock in a transaction on Thursday, September 17th. The stock was sold at an average price of $219.05, for a total transaction of $7,648,787.90. Following the transaction, the chief financial officer directly owned 765,103 shares of the company's stock, valued at approximately $167,595,812.15. This represents a 4.36% decrease in their ownership of the stock. The disclosure for this sale is available in the SEC filing. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Insiders have sold 1,766,118 shares of company stock worth $399,450,353 in the last ninety days. 3.94% of the stock is owned by insiders.

Key Headlines Impacting NVIDIA

Here are the key news stories impacting NVIDIA this week:

• Positive Sentiment: Several investment analyses remain bullish on NVIDIA’s long-term outlook. Its CUDA software ecosystem, scale, high margins and deep customer relationships are viewed as a stronger moat than competitors such as Broadcom and Lam Research. Some analysts believe the shares could still double over the next five to 10 years even if growth moderates. Prediction: Nvidia Will Outperform Broadcom Over the Next 5 Years
• Positive Sentiment: NVIDIA is broadening its opportunity beyond GPUs through CPUs, networking, AI factories, industrial AI, autonomous driving and quantum-computing interfaces. Partnerships involving Pony.ai, inDrive, Schneider Electric and HPE could support additional demand for its full-stack platform. Pony AI, NVIDIA Take Their Robotaxi Ambitions to a New Market
• Positive Sentiment: Erste Group modestly raised its fiscal 2027 and 2028 EPS forecasts, while other commentary highlights NVIDIA’s faster growth, stronger margins and relatively attractive valuation compared with some AI semiconductor peers. Brokers Suggest Investing in Nvidia
• Neutral Sentiment: Some analysts argue NVIDIA may become a relative “safe haven” within the AI trade because of its dependable earnings and dominant position, but this is an investor-rotation thesis rather than a new financial result or confirmed catalyst. Can Nvidia's Stock Become a Safe Haven?
• Negative Sentiment: Seaport Research reiterated a bearish view, citing mounting competition, strategic tension in NVIDIA’s business and substantial financial commitments tied to the AI buildout. This bearish call is the clearest company-specific pressure on the shares. Two Critical Nvidia Stock Flaws
• Negative Sentiment: The recent decline reflects broader concern that hyperscalers and neocloud operators may struggle to finance the hundreds of billions of dollars required for AI data centers. High borrowing costs, funding gaps and possible customer spending discipline are pressuring the entire AI trade, including NVIDIA. Why Nvidia Stock Is Down Over 4%?

NVIDIA Stock Performance

NVIDIA stock opened at $210.96 on Monday. The stock has a market cap of $5.08 trillion, a P/E ratio of 26.67, a price-to-earnings-growth ratio of 1.62 and a beta of 2.22. The company has a current ratio of 4.59, a quick ratio of 3.85 and a debt-to-equity ratio of 0.14. The stock has a 50 day moving average of $222.58 and a 200-day moving average of $212.80. NVIDIA Corporation has a 52 week low of $164.27 and a 52 week high of $243.37.

NVIDIA (NASDAQ:NVDA - Get Free Report) last released its quarterly earnings results on Wednesday, August 26th. The computer hardware maker reported $2.22 earnings per share for the quarter, topping analysts' consensus estimates 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 net margin of 63.66% and a return on equity of 96.04%. The business's quarterly revenue was up 105.9% compared to the same quarter last year. During the same quarter last year, the company earned $1.05 earnings per share. On average, analysts expect that NVIDIA Corporation will post 9.30 EPS for the current fiscal year.

NVIDIA Announces Dividend

The business also recently disclosed a quarterly dividend, which was paid on Thursday, October 1st. Shareholders of record on Thursday, September 10th were paid 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 was Thursday, September 10th. NVIDIA's dividend payout ratio is 12.64%.

NVIDIA declared that its board has approved a share buyback program on Monday, September 28th that permits the company to repurchase $150.00 billion in shares. This repurchase authorization permits the computer hardware maker to purchase up to 2.8% of its shares through open market purchases. Stock repurchase programs are generally a sign that the company's management believes its stock is undervalued.

NVIDIA Company 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.

Want to see what other hedge funds are holding NVDA? Visit HoldingsChannel.com to get the latest 13F filings and insider trades for NVIDIA Corporation (NASDAQ:NVDA - Free Report).

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.