NVIDIA Corporation $NVDA Shares Bought by Montanova Capital LLC

Key Points

• Montanova Capital increased its NVIDIA stake by 25.4% in the second quarter, adding 145,953 shares to reach 720,609 shares valued at approximately $144.2 million. Institutional investors collectively own 65.27% of NVIDIA.
• NVIDIA reported stronger-than-expected quarterly results, with EPS of $2.22 and revenue of $96.22 billion, representing 105.9% year-over-year growth. The board also authorized a $150 billion share-repurchase program.
• Shares traded at $214.13, while analysts maintained a broadly bullish outlook with an average “Buy” rating and a $321.89 price target. However, significant insider selling and concerns about AI financing, growth expectations and customer-developed alternatives remain potential risks.

Montanova Capital LLC raised its holdings in NVIDIA Corporation (NASDAQ:NVDA - Free Report) by 25.4% in the second quarter, according to the company in its most recent disclosure with the SEC. The fund owned 720,609 shares of the computer hardware maker's stock after buying an additional 145,953 shares during the quarter. NVIDIA comprises 2.4% of Montanova Capital LLC's holdings, making the stock its 12th largest position. Montanova Capital LLC's holdings in NVIDIA were worth $144,187,000 as of its most recent SEC filing.

A number of other hedge funds and other institutional investors also recently added to or reduced their stakes in NVDA. A. D. Beadell Investment Counsel Inc. boosted its holdings in NVIDIA by 2.3% in the second quarter. A. D. Beadell Investment Counsel Inc. now owns 3,485 shares of the computer hardware maker's stock worth $697,000 after acquiring an additional 80 shares in the last quarter. JNBA Financial Advisors increased its holdings in shares of NVIDIA by 2.7% during the second quarter. JNBA Financial Advisors now owns 12,982 shares of the computer hardware maker's stock valued at $2,598,000 after acquiring an additional 339 shares in the last quarter. Advocacy Wealth Management LLC increased its holdings in shares of NVIDIA by 1.7% during the second quarter. Advocacy Wealth Management LLC now owns 120,359 shares of the computer hardware maker's stock valued at $24,083,000 after acquiring an additional 2,041 shares in the last quarter. American Asset Management Inc. increased its holdings in shares of NVIDIA by 23.5% during the second quarter. American Asset Management Inc. now owns 2,365 shares of the computer hardware maker's stock valued at $473,000 after acquiring an additional 450 shares in the last quarter. Finally, RPg Family Wealth Advisory LLC raised its position in shares of NVIDIA by 2.3% in the 2nd quarter. RPg Family Wealth Advisory LLC now owns 58,863 shares of the computer hardware maker's stock valued at $11,778,000 after purchasing an additional 1,296 shares during the last quarter. 65.27% of the stock is currently owned by hedge funds and other institutional investors.

NVIDIA Stock Performance

Shares of NASDAQ:NVDA traded down $3.10 during midday trading on Friday, reaching $214.13. The company's stock had a trading volume of 120,783,023 shares, compared to its average volume of 108,333,480. The stock has a fifty day moving average of $223.20 and a 200 day moving average of $211.10. The firm has a market capitalization of $5.16 trillion, a PE ratio of 27.07, a P/E/G ratio of 1.67 and a beta of 2.22. NVIDIA Corporation has a twelve month low of $164.27 and a twelve month high of $243.37. The company has a quick ratio of 3.85, a current ratio of 4.59 and a debt-to-equity ratio of 0.14.

NVIDIA (NASDAQ:NVDA - Get Free Report) last issued its earnings results on Wednesday, August 26th. The computer hardware maker reported $2.22 EPS for the quarter, topping analysts' consensus estimates of $2.09 by $0.13. The firm had revenue of $96.22 billion for the quarter, compared to the consensus estimate of $92.27 billion. NVIDIA had a return on equity of 96.04% and a net margin of 63.66%. The company's revenue was up 105.9% compared to the same quarter last year. During the same quarter in the prior year, the business earned $1.05 earnings per share. On average, equities analysts expect that NVIDIA Corporation will post 9.27 EPS for the current fiscal year.

NVIDIA announced that its Board of Directors has approved a stock repurchase plan on Monday, September 28th that allows the company to buy back $150.00 billion in shares. This repurchase authorization allows the computer hardware maker to reacquire up to 2.8% of its shares through open market purchases. Share repurchase plans are often a sign that the company's board of directors believes its stock is undervalued.

NVIDIA Dividend Announcement

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

Insider Transactions at NVIDIA

In other news, EVP Timothy Teter sold 30,460 shares of NVIDIA stock in a transaction that occurred on Monday, September 21st. The shares were 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 $598,810,648. The trade was a 1.12% decrease in their position. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is available through the SEC website. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Also, Director Mark Stevens sold 622,239 shares of NVIDIA 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 completion of the transaction, the director directly owned 2,336,531 shares of the company's stock, valued at $541,187,310.22. The trade was a 21.03% decrease in their position. Additional details regarding this sale are available in the official SEC disclosure. Insiders have sold 1,766,118 shares of company stock valued at $399,450,353 in the last 90 days. 3.94% of the stock is currently owned by company insiders.

Key NVIDIA News

Here are the key news stories impacting NVIDIA this week:

• Positive Sentiment: New RTX Spark laptops expand NVIDIA’s addressable market. Systems from ASUS, Dell, HP, Lenovo, Microsoft and MSI are now available starting at $2,599, combining Blackwell graphics, up to 128GB of memory and local AI capabilities. The launch could create a new consumer and developer revenue stream beyond data centers. NVIDIA RTX Spark PCs Available Today
• Positive Sentiment: Automotive and enterprise adoption continues. Volvo expanded its partnership with NVIDIA for automated-driving systems, while Adobe is integrating NVIDIA technology across Photoshop, Premiere and other creative tools. These agreements support longer-term demand for NVIDIA hardware and software. Volvo Cars expands automated driving partnership
• Positive Sentiment: Supply-chain investment and customer deployments remain strong. Taiwan is reportedly considering as much as $4 billion for Texas industrial parks serving NVIDIA suppliers, and customers continue deploying Blackwell systems. The developments reinforce demand, although they may take time to affect revenue. Taiwan Texas industrial parks
• Neutral Sentiment: NVIDIA is broadening its software and AI-model ecosystem. Paid offerings such as AI Enterprise and Mission Control, along with Nemotron open models and partnerships with AI startups, could make earnings less dependent on hardware. However, the articles provide no near-term financial contribution.
• Negative Sentiment: AI financing concerns are the main pressure. CoreWeave’s debt has reportedly traded at distressed yields, raising questions about whether highly leveraged customers can continue funding data-center expansion. Higher Treasury yields and inflation concerns are also making large AI projects more expensive. CoreWeave financing worries
• Negative Sentiment: Investors are questioning AI growth expectations. OpenAI’s reported $50 billion revenue run rate was below the roughly $68 billion previously anticipated, prompting concern that AI demand may mature more slowly. Microsoft’s development of custom Maia chips also highlights the risk of customers developing alternatives to NVIDIA GPUs. OpenAI revenue expectations
• Negative Sentiment: Reported insider selling adds a sentiment overhang. Recent data showed NVIDIA insiders made numerous sales and no open-market purchases over the past six months, though such transactions may reflect planned diversification rather than a change in business outlook.

Analyst Upgrades and Downgrades

NVDA has been the subject of a number of recent analyst reports. BNP Paribas Exane reiterated an "outperform" rating and issued a $345.00 target price on shares of NVIDIA in a research note on Monday, October 5th. Truist Financial upped their price target on shares of NVIDIA from $307.00 to $346.00 and gave the company a "buy" rating in a research note on Thursday, August 27th. Cantor Fitzgerald restated an "overweight" rating and set a $350.00 price target on shares of NVIDIA in a research note on Thursday, October 1st. Benchmark reaffirmed a "buy" rating and issued a $335.00 price target on shares of NVIDIA in a report on Thursday, August 27th. Finally, Weiss Ratings reiterated a "buy (b)" rating on shares of NVIDIA in a research note on Friday, October 2nd. Five 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's stock. According to MarketBeat, NVIDIA currently has an average rating of "Buy" and an average target price of $321.89.

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.

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