NVIDIA Corporation $NVDA Shares Bought by Canada Pension Plan Investment Board

Key Points

Error: One or more errors occurred.

Canada Pension Plan Investment Board increased its position in NVIDIA Corporation (NASDAQ:NVDA - Free Report) by 5.4% during the second quarter, according to the company in its most recent 13F filing with the Securities & Exchange Commission. The institutional investor owned 51,428,520 shares of the computer hardware maker's stock after purchasing an additional 2,642,169 shares during the period. NVIDIA makes up 5.7% of Canada Pension Plan Investment Board's investment portfolio, making the stock its largest holding. Canada Pension Plan Investment Board owned about 0.21% of NVIDIA worth $10,290,333,000 at the end of the most recent quarter.

Other hedge funds and other institutional investors have also bought and sold shares of the company. Lifetime Wealth Management P.C. acquired a new position in shares of NVIDIA during the fourth quarter valued at about $26,000. Longview Financial Advisors Inc. bought a new position in NVIDIA in the 1st quarter valued at about $27,000. Langley Wealth Management LLC acquired a new position in NVIDIA during the 2nd quarter valued at about $34,000. Phillip James Consulting Co. bought a new stake in NVIDIA during the 1st quarter worth approximately $40,000. Finally, Bard Associates Inc. increased its holdings in NVIDIA by 8,866.7% during the 2nd quarter. Bard Associates Inc. now owns 269 shares of the computer hardware maker's stock worth $54,000 after purchasing an additional 266 shares in the last quarter. Institutional investors own 65.27% of the company's stock.

Insider Activity

In other NVIDIA news, EVP Timothy S. Teter sold 30,460 shares of the stock in a transaction on Monday, September 21st. The stock was sold at an average price of $222.80, for a total transaction of $6,786,488.00. Following the completion of the transaction, the executive vice president directly owned 2,687,660 shares of the company's stock, valued at approximately $598,810,648. This represents a 1.12% decrease in their ownership of the stock. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is accessible through this link. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Also, Director Mark A. 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 value of $144,122,997.18. Following the transaction, the director directly owned 2,336,531 shares of the company's stock, valued at approximately $541,187,310.22. This trade represents a 21.03% decrease in their ownership of the stock. The disclosure for this sale is available in the SEC filing. Insiders sold 1,766,118 shares of company stock valued at $399,450,353 in the last three months. Company insiders own 3.94% of the company's stock.

Key Headlines Impacting NVIDIA

Here are the key news stories impacting NVIDIA this week:

• Positive Sentiment: AI infrastructure demand remains robust. TSMC reported third-quarter revenue growth of 50%, while analysts cited continued hyperscaler spending and projected U.S. data-center capital expenditures of roughly $2 trillion next year—supportive of NVIDIA’s accelerator demand. NVIDIA AI spending outlook
• Positive Sentiment: SpaceX reportedly plans to raise as much as $40 billion to purchase NVIDIA AI chips, highlighting the scale of demand from emerging AI customers. NVIDIA also committed $1 billion over five years to U.S. scientific research in areas including quantum computing, healthcare and energy security. SpaceX NVIDIA chip purchase report
• Neutral Sentiment: Options activity is mixed: a large bullish trade suggests some investors expect further gains, but heavier put buying in the semiconductor ETF indicates increased hedging and caution across the chip sector. Technical analysts also see resistance near $235 and potential support around $215–$220. NVIDIA and semiconductor options activity
• Negative Sentiment: Investors remain concerned that AI spending may be debt-funded and approaching a peak. The withdrawal of NVIDIA-backed Firmus Grid’s proposed multibillion-dollar IPO, alongside reports that OpenAI’s annualized revenue was below earlier expectations, has raised questions about AI infrastructure valuations and customer funding. Firmus IPO withdrawal
• Negative Sentiment: Leadership and governance headlines add limited uncertainty: NVIDIA’s head of corporate communications left after roughly four months, while a legal challenge to the company’s Groq technology transaction could create additional execution and reputational risk. NVIDIA communications chief departure

Analyst Ratings Changes

NVDA has been the topic of a number of recent research reports. Jefferies Financial Group restated a "buy" rating on shares of NVIDIA in a report on Wednesday, August 26th. UBS Group restated a "buy" rating on shares of NVIDIA in a research note on Friday. Wells Fargo & Company set a $210.00 price objective on shares of NVIDIA in a report on Friday, October 2nd. Zacks Research upgraded shares of NVIDIA from a "hold" rating to a "strong-buy" rating in a report on Monday, September 21st. Finally, Truist Financial raised their price target on shares of NVIDIA from $307.00 to $346.00 and gave the company a "buy" rating in a research report on Thursday, August 27th. Five equities research analysts have rated the stock with a Strong Buy rating, forty-nine have issued a Buy rating and one has issued a Hold rating to the company. Based on data from MarketBeat.com, the stock has a consensus rating of "Buy" and an average target price of $321.89.

NVIDIA Trading Down 0.5%

Shares of NVIDIA stock opened at $229.28 on Friday. NVIDIA Corporation has a 1 year low of $164.27 and a 1 year high of $243.37. The firm has a market cap of $5.53 trillion, a PE ratio of 28.99, a P/E/G ratio of 1.77 and a beta of 2.22. The stock has a fifty day moving average price of $222.66 and a 200-day moving average price of $209.43. 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. The company had revenue of $96.22 billion for 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 firm's quarterly revenue was up 105.9% on a year-over-year basis. During the same period in the previous year, the firm earned $1.05 EPS. Equities research analysts anticipate that NVIDIA Corporation will post 9.25 EPS for the current year.

NVIDIA announced that its Board of Directors has authorized a stock repurchase program on Monday, September 28th that permits the company to repurchase $150.00 billion in outstanding shares. This repurchase authorization permits the computer hardware maker to buy up to 2.8% of its stock through open market purchases. Share repurchase programs are generally an indication that the company's leadership believes its shares are undervalued.

NVIDIA Announces Dividend

The business also recently announced a quarterly dividend, which was paid on Thursday, October 1st. Stockholders of record on Thursday, September 10th were given a dividend of $0.25 per share. This represents a $1.00 dividend on an annualized basis and a dividend yield of 0.4%. The ex-dividend date of this dividend was Thursday, September 10th. NVIDIA's dividend payout ratio is currently 12.64%.

NVIDIA Profile

NVIDIA Corporation is a technology company that designs accelerated computing platforms, graphics processing units (GPUs), central processing units (CPUs), networking products and related software. Its technologies are used in artificial intelligence, data centers, scientific and technical computing, gaming, professional visualization, automotive systems and robotics.

The company's products include GeForce GPUs and gaming software, data center computing platforms, networking solutions, and enterprise software for AI development and deployment.

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.