NVIDIA Corporation $NVDA Shares Bought by Journey Advisory Group LLC

Key Points

• Journey Advisory Group increased its NVIDIA stake by 18.1% in the second quarter, bringing its holdings to 90,065 shares valued at approximately $18.0 million. Institutional investors and hedge funds collectively own 65.27% of NVIDIA.
• Wall Street sentiment remains strongly positive, with an average rating of “Buy” and an average price target of $324.34. Analysts cited in the article issued buy or strong-buy ratings, with targets ranging from $300 to $420.
• NVIDIA exceeded quarterly expectations with $2.22 in earnings per share and $96.22 billion in revenue, up 105.9% year over year. However, insider selling, competition from AMD, valuation concerns and AI infrastructure bottlenecks remain potential risks.

Journey Advisory Group LLC lifted its stake in shares of NVIDIA Corporation (NASDAQ:NVDA - Free Report) by 18.1% during the second quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The fund owned 90,065 shares of the computer hardware maker's stock after acquiring an additional 13,773 shares during the period. NVIDIA accounts for approximately 1.4% of Journey Advisory Group LLC's portfolio, making the stock its 15th biggest holding. Journey Advisory Group LLC's holdings in NVIDIA were worth $18,021,000 at the end of the most recent reporting period.

Other institutional investors have also recently added to or reduced their stakes in the company. Lifetime Wealth Management P.C. purchased a new position in shares of NVIDIA during the 4th quarter worth $26,000. Longview Financial Advisors Inc. purchased a new position in NVIDIA during the first quarter worth about $27,000. Phillip James Consulting Co. acquired a new stake in NVIDIA in the 1st quarter worth about $40,000. Syntax Research Inc. grew its holdings in NVIDIA by 62.5% in the 4th quarter. Syntax Research Inc. now owns 260 shares of the computer hardware maker's stock valued at $49,000 after buying an additional 100 shares during the period. Finally, Frankly Finances LLC acquired a new position in shares of NVIDIA during the 2nd quarter valued at about $60,000. Institutional investors and hedge funds own 65.27% of the company's stock.

Wall Street Analyst Weigh In

Several equities analysts recently commented on the stock. Rosenblatt Securities reaffirmed a "buy" rating and set a $390.00 price target on shares of NVIDIA in a research report on Friday, September 4th. Melius Research set a $420.00 target price on NVIDIA in a research report on Thursday, August 27th. Weiss Ratings reissued a "buy (b)" rating on shares of NVIDIA in a research report on Wednesday, July 8th. DA Davidson restated a "buy" rating and issued a $300.00 price objective on shares of NVIDIA in a report on Thursday, August 27th. Finally, Rothschild & Co Redburn boosted their target price on NVIDIA from $300.00 to $325.00 in a report on Thursday, August 27th. Three investment analysts have rated the stock with a Strong Buy rating, fifty have assigned a Buy rating and two have issued a Hold rating to the stock. According to data from MarketBeat.com, the company has an average rating of "Buy" and an average target price of $324.34.

Trending Headlines about NVIDIA

Here are the key news stories impacting NVIDIA this week:

• Positive Sentiment: CEO Jensen Huang pushed back against AI “doomsday” scenarios and argued that existing laws are sufficient, helping ease concerns that overly restrictive regulation could slow AI deployment. Nvidia’s Jensen Huang rejects AI doomsday fears
• Positive Sentiment: Analysts and financial commentators continue to highlight NVIDIA’s earnings momentum, broad AI hardware and networking portfolio, and projected long-term demand. Zacks restored the stock to a Rank #1 “Strong Buy,” while another report cited potential upside from positive earnings revisions. Bull of the Day: NVIDIA Corp.
• Positive Sentiment: Potentially improved access to China is a major catalyst. NVIDIA’s latest forecast reportedly assumes no data-center compute sales to China, leaving upside if the upcoming Trump-Xi discussions lead to licenses or expanded chip shipments. Nvidia’s forecast assumes no data center chip sales to China
• Positive Sentiment: New ecosystem initiatives reinforce NVIDIA’s expansion beyond GPUs. QAD | Redzone plans to integrate NVIDIA technology into manufacturing intelligence, while NVIDIA’s reported roughly $12.9 billion Hugging Face acquisition would add a major developer, model and dataset ecosystem. QAD Redzone Accelerates Manufacturing Intelligence with NVIDIA
• Neutral Sentiment: Investors are increasingly focused on AI infrastructure bottlenecks such as high-bandwidth memory, optical networking, power and cooling. Rising component costs could pressure NVIDIA’s margins, but may also validate demand and strengthen the position of critical suppliers such as Micron, Coherent and Lumentum. NVIDIA just named AI’s next bottleneck
• Negative Sentiment: AMD’s rapid advance is intensifying competitive pressure. Large OpenAI and Oracle commitments, rising data-center revenue and potential pricing power suggest hyperscalers are diversifying away from a single accelerator supplier. AMD chips away at NVIDIA’s AI throne
• Negative Sentiment: Other reports warn that higher interest rates, concentrated AI revenue, expensive infrastructure financing and persistent bubble concerns could weigh on NVIDIA’s richly valued shares. NVIDIA also missed the strongest portion of a Meta-driven chip rally, underscoring lingering growth expectations.

NVIDIA Stock Performance

NVIDIA stock opened at $228.87 on Wednesday. The firm has a market capitalization of $5.52 trillion, a PE ratio of 28.93, a price-to-earnings-growth ratio of 1.76 and a beta of 2.22. NVIDIA Corporation has a one year low of $164.27 and a one year high of $236.54. The stock's 50 day moving average price is $215.47 and its 200 day moving average price is $205.09. 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 (NASDAQ:NVDA - Get Free Report) last posted its quarterly earnings data on Wednesday, August 26th. The computer hardware maker reported $2.22 earnings per share (EPS) for the quarter, beating analysts' consensus estimates of $2.09 by $0.13. The company had revenue of $96.22 billion for the quarter, compared to analyst estimates 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% on a year-over-year basis. During the same quarter last year, the firm posted $1.05 earnings per share. As a group, sell-side analysts expect that NVIDIA Corporation will post 9.25 EPS for the current fiscal year.

NVIDIA Announces Dividend

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

Insider Transactions at NVIDIA

In related news, CFO Colette Kress sold 34,918 shares of the business'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 transaction, the chief financial officer owned 765,103 shares in the company, valued at approximately $167,595,812.15. The trade was a 4.36% decrease in their ownership of the stock. The transaction was disclosed in a legal filing with the SEC, which can be accessed through this link. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Also, Director Mark Stevens sold 622,239 shares of the firm's stock in a transaction that occurred 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 sale, the director 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 position. The SEC filing for this sale provides additional information. Over the last ninety days, insiders have sold 1,735,658 shares of company stock valued at $392,663,865. 3.94% of the stock is currently owned by 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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