NVIDIA Corporation $NVDA Position Raised by Ferguson Wellman Capital Management Inc.

Key Points

• Ferguson Wellman Capital Management increased its NVIDIA position by 1.1% in the third quarter, bringing its holdings to 1.99 million shares valued at approximately $455.2 million. Institutional investors collectively own 65.27% of NVIDIA.
• NVIDIA continues to benefit from strong AI infrastructure demand, including potential long-term orders from SpaceX and major cloud-computing commitments tied to Anthropic. Analysts remain broadly bullish, with a consensus “Buy” rating and a $321.47 price target.
• Potential risks include insider stock sales, data-center construction bottlenecks, credit pressure on leveraged AI operators and growing competition from Broadcom’s custom AI chips. NVIDIA also reported 105.9% year-over-year quarterly revenue growth and authorized a $150 billion share-repurchase program.

Ferguson Wellman Capital Management Inc. boosted its holdings in NVIDIA Corporation (NASDAQ:NVDA - Free Report) by 1.1% in the third quarter, according to its most recent disclosure with the Securities & Exchange Commission. The institutional investor owned 1,993,097 shares of the computer hardware maker's stock after purchasing an additional 22,126 shares during the quarter. NVIDIA comprises approximately 5.4% of Ferguson Wellman Capital Management Inc.'s portfolio, making the stock its 2nd biggest position. Ferguson Wellman Capital Management Inc.'s holdings in NVIDIA were worth $455,184,000 as of its most recent SEC filing.

Several other hedge funds also recently added to or reduced their stakes in the stock. Jupiter Topco LLC acquired a new position in shares of NVIDIA in the 2nd quarter valued at $16,156,076,000. Van ECK Associates Corp raised its stake in NVIDIA by 34.7% during the 2nd quarter. Van ECK Associates Corp now owns 75,849,721 shares of the computer hardware maker's stock worth $15,176,771,000 after acquiring an additional 19,522,304 shares in the last quarter. State Street Corp raised its stake in NVIDIA by 1.6% during the 2nd quarter. State Street Corp now owns 1,009,783,437 shares of the computer hardware maker's stock worth $202,047,568,000 after acquiring an additional 15,897,836 shares in the last quarter. Amundi raised its stake in NVIDIA by 10.4% during the 1st quarter. Amundi now owns 133,768,018 shares of the computer hardware maker's stock worth $23,329,141,000 after acquiring an additional 12,575,177 shares in the last quarter. Finally, Nykredit A S acquired a new stake in NVIDIA during the 2nd quarter worth $2,315,956,000. 65.27% of the stock is currently owned by hedge funds and other institutional investors.

NVIDIA News Summary

Here are the key news stories impacting NVIDIA this week:

• Positive Sentiment: SpaceX reportedly committed up to $40 billion in financing for NVIDIA’s Vera Rubin processors, with deliveries expected in 2027. SpaceX’s plans to build at least 10 gigawatts of computing capacity could create substantial long-term demand for NVIDIA hardware. Elon Musk and SpaceX Just Delivered Incredible News to Nvidia
• Positive Sentiment: Anthropic’s IPO filing highlighted approximately $224.5 billion in non-cancelable compute agreements with Amazon and Alphabet. The commitments reinforce expectations for sustained hyperscaler spending on NVIDIA GPUs and other AI infrastructure, despite Anthropic’s reported accounting-driven loss. Anthropic's IPO Filing Reveals a Massive Opportunity for AI Infrastructure Giants
• Positive Sentiment: Demand indicators remain strong: GPU rental prices have risen sharply, including for older chips, while NVIDIA is expanding beyond data centers through a self-driving partnership with Mercedes-Benz and an industrial AI collaboration with Honeywell and Dell. Nvidia Just Doubled Down on Self-Driving Cars With Mercedes
• Neutral Sentiment: Analyst sentiment remains overwhelmingly bullish, with reports citing a 98% buy-rating rate and continued confidence in NVIDIA’s triple-digit revenue growth. However, the shares remain below their 50-day moving average while trading above the 200-day average, reflecting both strong long-term momentum and near-term volatility.
• Negative Sentiment: Credit-market pressure could slow AI data-center construction and reduce GPU purchases by highly leveraged neocloud operators. Analysts also warn of infrastructure bottlenecks, while Broadcom’s custom AI chips and open Ethernet alternatives could gradually challenge NVIDIA’s ecosystem and InfiniBand position. Seaport Reiterates Sell Rating On Nvidia Stock Over Data Center Infrastructure Bottlenecks

Insider Activity

In other news, Director Mark Stevens sold 622,239 shares of the stock in a transaction dated 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 completion of the sale, the director owned 2,336,531 shares in the company, valued at approximately $541,187,310.22. This represents a 21.03% decrease in their ownership of the stock. The sale was disclosed in a filing with the Securities & Exchange Commission, which is accessible through this link. Also, EVP Timothy 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 in the company, valued at approximately $598,810,648. This represents a 1.12% 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 sold 1,766,118 shares of company stock valued at $399,450,353. Insiders own 3.94% of the company's stock.

Analyst Upgrades and Downgrades

Several equities analysts have issued reports on NVDA shares. Sanford C. Bernstein restated a "buy" rating on shares of NVIDIA in a research note on Monday, September 21st. Daiwa Securities Group dropped their price objective on NVIDIA from $255.00 to $245.00 and set an "outperform" rating on the stock in a report on Thursday, September 17th. Evercore set a $465.00 target price on NVIDIA and gave the stock an "outperform" rating in a research report on Thursday, August 27th. Weiss Ratings raised NVIDIA from a "buy (b)" rating to a "buy (b+)" rating in a report on Friday, October 16th. Finally, DZ Bank reissued a "buy" rating on shares of NVIDIA in a report on Wednesday, August 26th. Five investment analysts have rated the stock with a Strong Buy rating, forty-nine have issued a Buy rating and one has assigned a Hold rating to the company. According to data from MarketBeat, the company has an average rating of "Buy" and a consensus target price of $321.47.

NVIDIA Stock Up 2.4%

NVDA stock opened at $216.00 on Tuesday. The company has a fifty day moving average price of $222.48 and a 200 day moving average price of $203.56. NVIDIA Corporation has a 12 month low of $164.27 and a 12 month high of $243.37. The company has a market cap of $5.21 trillion, a price-to-earnings ratio of 27.31, a price-to-earnings-growth ratio of 1.62 and a beta of 2.22. The company has a debt-to-equity ratio of 0.14, a current ratio of 4.59 and a quick ratio of 3.85.

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 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 firm had revenue of $96.22 billion during the quarter, compared to analysts' expectations of $92.27 billion. During the same quarter in the prior year, the business earned $1.05 EPS. NVIDIA's quarterly revenue was up 105.9% compared to the same quarter last year. Sell-side analysts expect that NVIDIA Corporation will post 9.30 earnings per share for the current year.

NVIDIA declared that its Board of Directors has authorized a stock repurchase plan on Monday, September 28th that authorizes the company to buy back $150 billion in shares. This repurchase authorization authorizes the computer hardware maker to purchase up to 2.8% 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 Announces Dividend

The firm also recently announced a quarterly dividend, which was paid on Thursday, October 1st. Stockholders of record on Thursday, September 10th were issued a $0.25 dividend. This represents a $1.00 dividend on an annualized basis and a dividend yield of 0.5%. The ex-dividend date of this dividend was Thursday, September 10th. NVIDIA's dividend payout ratio is presently 12.64%.

NVIDIA 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.

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.