NVIDIA Corporation $NVDA Shares Bought by MRA Advisory Group

Key Points

• MRA Advisory Group increased its NVIDIA position by 144.2% in the third quarter, purchasing 15,594 additional shares. NVIDIA represented about 2.2% of the firm’s portfolio, while institutional investors collectively owned 65.27% of the stock.
• NVIDIA reported strong recent operating results, with quarterly revenue rising 105.9% year over year to $96.22 billion and earnings per share exceeding estimates. Analysts maintain a consensus “Buy” rating with an average price target of $321.47, and NVIDIA authorized a $150 billion share-repurchase program.
• Investors face both significant AI-related growth opportunities and risks: NVIDIA is expanding partnerships and software offerings, but competition from Google’s TPUs, higher TSMC production costs, and DOJ scrutiny of its proposed $12.93 billion Hugging Face acquisition could weigh on the company.

MRA Advisory Group raised its position in NVIDIA Corporation (NASDAQ:NVDA - Free Report) by 144.2% in the third quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission. The fund owned 26,409 shares of the computer hardware maker's stock after buying an additional 15,594 shares during the quarter. NVIDIA makes up approximately 2.2% of MRA Advisory Group's portfolio, making the stock its 15th biggest position. MRA Advisory Group's holdings in NVIDIA were worth $6,031,000 at the end of the most recent quarter.

Several other large investors have also modified their holdings of NVDA. Boyd Wealth Management LLC increased its position in NVIDIA by 273.4% in the 2nd quarter. Boyd Wealth Management LLC now owns 9,145 shares of the computer hardware maker's stock valued at $1,830,000 after acquiring an additional 6,696 shares during the period. Ally Financial Inc. grew its holdings in NVIDIA by 10.3% during the second quarter. Ally Financial Inc. now owns 172,000 shares of the computer hardware maker's stock worth $34,415,000 after acquiring an additional 16,000 shares during the period. Altshuler Shaham Ltd grew its stake in shares of NVIDIA by 6,451.9% during the 1st quarter. Altshuler Shaham Ltd now owns 637,236 shares of the computer hardware maker's stock worth $111,134,000 after purchasing an additional 627,510 shares during the period. Vanguard Capital Wealth Advisors increased its holdings in NVIDIA by 5.6% in the second quarter. Vanguard Capital Wealth Advisors now owns 52,163 shares of the computer hardware maker's stock valued at $10,437,000 after buying an additional 2,758 shares in the last quarter. Finally, Baker Tilly Wealth Management LLC lifted its position in shares of NVIDIA by 7.4% during the 2nd quarter. Baker Tilly Wealth Management LLC now owns 71,898 shares of the computer hardware maker's stock valued at $14,386,000 after acquiring an additional 4,958 shares during the period. 65.27% of the stock is owned by institutional investors and hedge funds.

Insider Activity at NVIDIA

In other NVIDIA news, EVP Timothy Teter sold 30,460 shares of the company's stock in a transaction dated Monday, September 21st. The shares were 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 transaction 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 Stevens sold 622,239 shares of the company's 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 transaction, the director owned 2,336,531 shares in the company, 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. In the last quarter, insiders sold 1,766,118 shares of company stock valued at $399,450,353. 3.94% of the stock is owned by insiders.

More NVIDIA News

Here are the key news stories impacting NVIDIA this week:

• Positive Sentiment: NVIDIA will invest $3 billion in Meta as the companies expand their partnership on Meta’s Muse AI models. Meta also plans to deploy more NVIDIA Vera Rubin systems, Vera CPUs, Spectrum-X networking, and BlueField-4 technology, reinforcing NVIDIA’s position as a core supplier for hyperscale AI infrastructure. Nvidia, Meta partner on Muse agent as Nvidia invests $3 billion
• Positive Sentiment: NVIDIA released Nemotron 3.5 Transcribe, an open-weight speech model supporting up to 40 languages, broadening its software and AI-model ecosystem beyond hardware. Nvidia releases new open transcription model
• Positive Sentiment: Investor commentary remains bullish on upcoming results, with expectations for triple-digit earnings growth and the possibility that NVIDIA could raise its existing growth outlook as supply constraints ease and major customers increase AI infrastructure spending. What to expect from NVIDIA’s next quarterly earnings report
• Neutral Sentiment: NVIDIA scheduled its third-quarter financial-results conference call for November 17. The event may become the next major catalyst, particularly for guidance on demand, supply, margins, and customer capital spending. NVIDIA sets conference call for third-quarter financial results
• Negative Sentiment: The U.S. Department of Justice is examining NVIDIA’s proposed $12.93 billion acquisition of Hugging Face, creating potential antitrust and deal-completion risk. US DOJ examines Nvidia’s Hugging Face acquisition
• Negative Sentiment: Google’s TPUs are gaining distribution through Oracle Cloud, while OpenAI is reportedly buying Google’s AI chips. Greater adoption of custom accelerators could pressure NVIDIA’s market share, pricing power, and dependence on hyperscaler spending. Google’s AI chip business is getting harder for Nvidia to ignore
• Negative Sentiment: Reported price increases from TSMC of 10%–20% for advanced packaging and 3%–6% for leading-edge wafers could raise NVIDIA’s production costs, although strong demand may allow some costs to be passed through. Taiwan Semiconductor flexes pricing power on AI’s frontline

Analysts Set New Price Targets

A number of equities research analysts recently weighed in on NVDA shares. KGI Securities upped their price target on NVIDIA from $335.00 to $345.00 in a report on Thursday, August 27th. The Goldman Sachs Group reaffirmed a "buy" rating on shares of NVIDIA in a report on Wednesday, October 21st. Wedbush lifted their price objective on NVIDIA from $330.00 to $345.00 and gave the stock an "outperform" rating in a report on Thursday, August 27th. Wall Street Zen downgraded NVIDIA from a "strong-buy" rating to a "buy" rating in a research report on Saturday, October 24th. Finally, HSBC upped their target price on NVIDIA from $360.00 to $365.00 in a report on Thursday, August 27th. Five research 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 stock. Based on data from MarketBeat, the company presently has a consensus rating of "Buy" and a consensus target price of $321.47.

NVIDIA Price Performance

Shares of NASDAQ:NVDA opened at $215.38 on Thursday. The company has a debt-to-equity ratio of 0.14, a quick ratio of 3.85 and a current ratio of 4.59. The business's fifty day moving average price is $222.06 and its two-hundred day moving average price is $204.00. The stock has a market cap of $5.19 trillion, a PE ratio of 27.23, a price-to-earnings-growth ratio of 1.62 and a beta of 2.22. NVIDIA Corporation has a one year low of $164.27 and a one year 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. NVIDIA had a return on equity of 96.04% and a net margin of 63.66%. The company had revenue of $96.22 billion during the quarter, compared to analysts' expectations of $92.27 billion. During the same period in the previous year, the firm posted $1.05 earnings per share. The business's revenue for the quarter was up 105.9% compared to the same quarter last year. On average, analysts forecast that NVIDIA Corporation will post 9.30 EPS for the current fiscal year.

NVIDIA declared that its Board of Directors has initiated a stock repurchase plan on Monday, September 28th that permits the company to buy back $150 billion in outstanding shares. This buyback authorization permits the computer hardware maker to purchase up to 2.8% of its shares through open market purchases. Share buyback plans are generally an indication that the company's management believes its stock is undervalued.

NVIDIA Announces Dividend

The business also recently disclosed a quarterly dividend, which was paid on Thursday, October 1st. Investors 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 yield of 0.5%. The ex-dividend date was Thursday, September 10th. NVIDIA's dividend payout ratio (DPR) is currently 12.64%.

About NVIDIA

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.

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