NVIDIA Corporation $NVDA Shares Bought by Norris Perne & French LLP MI

Key Points

• Norris Perne & French LLP MI increased its NVIDIA position by 39.5% in the second quarter, holding 115,863 shares valued at approximately $23.2 million. Institutional investors collectively own 65.27% of NVIDIA.
• NVIDIA reported quarterly revenue of $96.22 billion, up 105.9% year over year, while EPS of $2.22 exceeded analysts’ $2.09 consensus estimate. The company also authorized an $80 billion share-repurchase program and declared a $0.25 quarterly dividend.
• Insiders sold approximately $571 million of NVIDIA stock over the past 90 days, including a substantial sale by director Mark A. Stevens. Despite the selling, analysts maintain a “Moderate Buy” consensus with an average price target of $324.34.

Norris Perne & French LLP MI lifted its position in shares of NVIDIA Corporation (NASDAQ:NVDA - Free Report) by 39.5% in the 2nd quarter, according to its most recent filing with the Securities & Exchange Commission. The fund owned 115,863 shares of the computer hardware maker's stock after buying an additional 32,820 shares during the quarter. NVIDIA makes up about 1.4% of Norris Perne & French LLP MI's holdings, making the stock its 16th largest position. Norris Perne & French LLP MI's holdings in NVIDIA were worth $23,183,000 at the end of the most recent quarter.

Several other institutional investors and hedge funds have also made changes to their positions in the business. Norges Bank purchased a new position in shares of NVIDIA during the 4th quarter worth approximately $62,244,133,000. J. Stern & Co. LLP grew its holdings in NVIDIA by 13,709.1% during the 4th quarter. J. Stern & Co. LLP now owns 125,760,307 shares of the computer hardware maker's stock valued at $23,454,297,000 after buying an additional 124,849,603 shares during the last quarter. Cardano Risk Management B.V. increased its position in NVIDIA by 896.4% during the fourth quarter. Cardano Risk Management B.V. now owns 78,123,960 shares of the computer hardware maker's stock worth $14,570,119,000 after buying an additional 70,283,539 shares in the last quarter. Capital Research Global Investors increased its position in NVIDIA by 16.1% during the third quarter. Capital Research Global Investors now owns 165,377,852 shares of the computer hardware maker's stock worth $30,855,564,000 after buying an additional 22,896,705 shares in the last quarter. Finally, Laurel Wealth Advisors LLC raised its holdings in shares of NVIDIA by 15,496.1% in the second quarter. Laurel Wealth Advisors LLC now owns 21,865,525 shares of the computer hardware maker's stock worth $3,454,534,000 after acquiring an additional 21,725,326 shares during the last quarter. 65.27% of the stock is currently owned by hedge funds and other institutional investors.

NVIDIA Stock Down 0.9%

NVDA opened at $223.67 on Thursday. NVIDIA Corporation has a 1 year low of $164.27 and a 1 year high of $236.54. The firm has a 50 day moving average price of $212.35 and a 200 day moving average price of $203.02. 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 company has a market cap of $5.39 trillion, a PE ratio of 28.28, a price-to-earnings-growth ratio of 1.77 and a beta of 2.22.

NVIDIA (NASDAQ:NVDA - Get Free Report) last released its quarterly earnings data on Wednesday, August 26th. The computer hardware maker reported $2.22 earnings per share (EPS) for the quarter, topping the consensus estimate of $2.09 by $0.13. NVIDIA had a net margin of 63.66% and a return on equity of 96.04%. The company had revenue of $96.22 billion during the quarter, compared to the consensus estimate of $92.27 billion. During the same period in the previous year, the firm earned $1.05 earnings per share. NVIDIA's revenue for the quarter was up 105.9% on a year-over-year basis. Sell-side analysts expect that NVIDIA Corporation will post 9.1 earnings per share for the current year.

NVIDIA announced that its Board of Directors has initiated a share repurchase plan on Wednesday, May 20th that authorizes the company to repurchase $80.00 billion in outstanding shares. This repurchase authorization authorizes the computer hardware maker to reacquire up to 1.5% of its stock through open market purchases. Stock repurchase plans are generally an indication that the company's board believes its stock is undervalued.

NVIDIA Announces Dividend

The business also recently disclosed a quarterly dividend, which will be paid on Thursday, October 1st. Shareholders of record on Thursday, September 10th will be paid 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 is Thursday, September 10th. NVIDIA's payout ratio is currently 12.64%.

Insider Activity

In related news, EVP Timothy S. Teter sold 30,000 shares of the firm's stock in a transaction on Monday, August 31st. The shares were sold at an average price of $217.88, for a total transaction of $6,536,400.00. Following the completion of the sale, the executive vice president directly owned 2,687,660 shares of the company's stock, valued at approximately $585,587,360.80. This trade represents a 1.10% 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 A. Stevens sold 622,239 shares of the business's stock in a transaction on Friday, September 4th. The stock was 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 $541,187,310.22. This represents a 21.03% decrease in their position. Additional details regarding this sale are available in the official SEC disclosure. Insiders sold 2,585,740 shares of company stock valued at $571,015,527 in the last ninety days. Company insiders own 3.94% of the company's stock.

NVIDIA News Roundup

Here are the key news stories impacting NVIDIA this week:

• Positive Sentiment: NVIDIA is expanding its AI-infrastructure footprint through a reported $3.1 billion Indonesia deal, potentially strengthening regional data-center capacity and demand for its GPUs and networking products. Nvidia Expands AI Infrastructure Push With Indonesia Deal
• Positive Sentiment: OpenAI’s plan to spend roughly $750 billion on computing infrastructure through 2030 reinforces the scale of the addressable market for NVIDIA accelerators, although OpenAI says it remains short of capacity. OpenAI Compute Spending Plans
• Positive Sentiment: NVIDIA’s latest quarterly results remain a strong fundamental backdrop: revenue reached $96.2 billion, up 105.9% year over year, while earnings exceeded expectations. Analysts continue to cite Blackwell, Vera Rubin, networking and supply-constrained demand as growth drivers. Nvidia Customers Wanted More Than It Could Build
• Positive Sentiment: Michael Burry exited his December 2026-dated NVIDIA put positions while retaining longer-dated puts. Closing near-term bearish bets may modestly ease concerns, though his remaining positions still signal skepticism. Michael Burry Sells December 2026 NVIDIA Puts
• Neutral Sentiment: NVIDIA’s investment in Verily Health and expanded ecosystem relationships, including open-source AI and healthcare initiatives, could broaden future applications but are unlikely to materially affect near-term earnings. Verily Health Investment
• Negative Sentiment: Director Mark Stevens sold 1,022,239 shares for approximately $235.6 million across two transactions, reducing a sizable personal holding. The sales may weigh on sentiment despite not necessarily indicating weaker company fundamentals. NVIDIA Director Insider Selling
• Negative Sentiment: Short seller Jim Chanos questioned the economics of renting NVIDIA GPUs, raising concerns about utilization, customer returns and whether high rental rates can persist as newer chips are introduced. Jim Chanos Challenges NVIDIA GPU Rental Economics
• Negative Sentiment: Qualcomm’s AI infrastructure agreement with Amazon highlights the growing threat from custom and competing accelerators, while investors continue to debate NVIDIA’s multitrillion-dollar valuation and margin outlook. Nvidia and Qualcomm AI Chip Competition

Analyst Ratings Changes

A number of analysts recently commented on NVDA shares. Wall Street Zen upgraded NVIDIA from a "buy" rating to a "strong-buy" rating in a research report on Saturday, August 29th. HSBC lifted their price target on shares of NVIDIA from $360.00 to $365.00 in a report on Thursday, August 27th. DA Davidson reissued a "buy" rating and issued a $300.00 price objective on shares of NVIDIA in a research report on Thursday, August 27th. Benchmark reissued a "buy" rating and set a $335.00 price objective on shares of NVIDIA in a research note on Thursday, August 27th. Finally, Citigroup restated a "buy" rating and set a $315.00 target price (up from $300.00) on shares of NVIDIA in a research report on Thursday, August 27th. Two equities research analysts have rated the stock with a Strong Buy rating, fifty have assigned a Buy rating and three have assigned a Hold rating to the company's stock. Based on data from MarketBeat, the company has a consensus rating of "Moderate Buy" and a consensus target price of $324.34.

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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