NVIDIA Corporation $NVDA Shares Bought by Waddell & Associates LLC

Key Points

• Waddell & Associates increased its NVIDIA stake by 16.4% in the second quarter, purchasing 11,041 additional shares for a total of 78,458 shares valued at approximately $15.7 million. Institutional investors collectively own 65.27% of NVIDIA.
• NVIDIA reported fiscal second-quarter revenue of $96.22 billion, up 105.9% year over year, while EPS of $2.22 exceeded analyst expectations. Strong AI and data-center demand prompted several analysts to raise their price targets, contributing to a “Moderate Buy” consensus rating.
• Despite strong fundamentals, NVIDIA faces risks from profit-taking, elevated valuation, lower gross-margin expectations, supply constraints and ongoing China export restrictions. Insiders sold roughly 1.9 million shares worth $410.4 million during the latest quarter.

Waddell & Associates LLC grew its holdings in NVIDIA Corporation (NASDAQ:NVDA - Free Report) by 16.4% during the 2nd quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The fund owned 78,458 shares of the computer hardware maker's stock after purchasing an additional 11,041 shares during the quarter. NVIDIA makes up approximately 0.8% of Waddell & Associates LLC's portfolio, making the stock its 15th largest holding. Waddell & Associates LLC's holdings in NVIDIA were worth $15,699,000 as of its most recent SEC filing.

A number of other hedge funds have also modified their holdings of the business. Defender Capital LLC. increased its position in NVIDIA by 0.7% during the second quarter. Defender Capital LLC. now owns 7,534 shares of the computer hardware maker's stock worth $1,507,000 after buying an additional 50 shares in the last quarter. Spectrum Financial Alliance Ltd LLC lifted its position in shares of NVIDIA by 3.8% in the first quarter. Spectrum Financial Alliance Ltd LLC now owns 1,395 shares of the computer hardware maker's stock valued at $243,000 after acquiring an additional 51 shares in the last quarter. LMG Wealth Partners LLC boosted its stake in shares of NVIDIA by 0.7% during the fourth quarter. LMG Wealth Partners LLC now owns 7,649 shares of the computer hardware maker's stock valued at $1,427,000 after acquiring an additional 53 shares during the last quarter. Vision Financial Markets LLC boosted its stake in shares of NVIDIA by 1.2% during the third quarter. Vision Financial Markets LLC now owns 4,640 shares of the computer hardware maker's stock valued at $866,000 after acquiring an additional 53 shares during the last quarter. Finally, JGP Global Gestao de Recursos Ltda. increased its position in NVIDIA by 2.3% during the 4th quarter. JGP Global Gestao de Recursos Ltda. now owns 2,402 shares of the computer hardware maker's stock worth $448,000 after purchasing an additional 55 shares in the last quarter. 65.27% of the stock is owned by hedge funds and other institutional investors.

Trending Headlines about NVIDIA

Here are the key news stories impacting NVIDIA this week:

• Positive Sentiment: NVIDIA reported fiscal Q2 revenue of approximately $96.2 billion, up 106% year over year and ahead of Wall Street expectations. Data-center revenue rose 117% to $89 billion, while adjusted EPS of $2.22 also exceeded consensus. The results reinforced that hyperscaler AI spending remains robust. Nvidia rises after signaling longer AI spending runway
• Positive Sentiment: Management guided to roughly $108 billion in fiscal Q3 revenue and indicated that fiscal 2028 sales could grow about 70%, well above the roughly 45% growth analysts had modeled. The forecast has shifted the debate from whether AI demand is slowing to whether NVIDIA and its suppliers can build enough capacity. Nvidia's 70% growth forecast
• Positive Sentiment: Several analysts raised their NVIDIA price targets following the results, including Wedbush, Truist, RBC and JPMorgan. The upgrades reflect expectations for sustained Blackwell demand, the Vera Rubin product ramp and strong order visibility through fiscal 2028. Wedbush lifts Nvidia price target
• Neutral Sentiment: NVIDIA is reportedly pursuing a roughly $12.9 billion acquisition of open-source AI platform Hugging Face. The deal could expand NVIDIA’s software ecosystem and improve visibility into future AI workloads, but reports indicate terms may not be finalized and the valuation is high relative to Hugging Face’s revenue. Nvidia agrees to buy Hugging Face report
• Negative Sentiment: Investors are locking in gains after NVIDIA’s strong post-earnings rally. The stock’s elevated valuation and proximity to record levels make it vulnerable to short-term profit-taking even though fundamentals remain strong. Nvidia AMD Intel stocks slide as investors take profits
• Negative Sentiment: Gross-margin expectations are moving lower toward roughly 72%–73% as NVIDIA absorbs higher memory, packaging and infrastructure costs. Management also said supply constraints remain significant, potentially limiting how much demand can immediately translate into revenue and cash flow.
• Negative Sentiment: Broader market pressure is coming from a more hawkish Federal Reserve outlook, while NVIDIA’s decision to exclude China data-center compute revenue from its forecast underscores continuing export-control and geopolitical risks. Reports that the company paused some revenue-sharing arrangements with AI cloud providers also raise questions about financing and customer ROI. Nvidia pauses revenue-sharing deals

Analyst Ratings Changes

NVDA has been the subject of several analyst reports. Citigroup reissued a "buy" rating and issued a $315.00 target price (up from $300.00) on shares of NVIDIA in a research note on Thursday. Wall Street Zen upgraded shares of NVIDIA from a "buy" rating to a "strong-buy" rating in a report on Saturday. Rothschild & Co Redburn boosted their price objective on shares of NVIDIA from $280.00 to $300.00 and gave the company a "buy" rating in a research report on Tuesday, May 26th. BMO Capital Markets set a $340.00 price objective on shares of NVIDIA and gave the company an "outperform" rating in a research note on Thursday, August 20th. Finally, UBS Group set a $300.00 target price on shares of NVIDIA and gave the stock a "buy" rating in a research report on Thursday. Two equities research analysts have rated the stock with a Strong Buy rating, forty-eight have issued a Buy rating and four have given a Hold rating to the stock. According to data from MarketBeat.com, NVIDIA presently has a consensus rating of "Moderate Buy" and an average price target of $322.61.

Insiders Place Their Bets

In other news, Director Mark A. Stevens sold 885,000 shares of the business's stock in a transaction on Thursday, June 18th. The shares were sold at an average price of $210.17, for a total transaction of $186,000,450.00. Following the completion of the sale, the director directly owned 5,207,271 shares of the company's stock, valued at $1,094,412,146.07. The trade was a 14.53% decrease in their position. The sale was disclosed in a filing with the Securities & Exchange Commission, which is available at this link. Also, Director Stephen C. Neal sold 15,500 shares of the company's stock in a transaction on Wednesday, June 3rd. The stock was sold at an average price of $215.73, for a total value of $3,343,815.00. Following the sale, the director owned 116,135 shares of the company's stock, valued at approximately $25,053,803.55. The trade was a 11.77% decrease in their ownership of the stock. The disclosure for this sale is available in the SEC filing. In the last quarter, insiders sold 1,900,500 shares of company stock worth $410,449,265. 3.94% of the stock is owned by company insiders.

NVIDIA Stock Down 4.6%

NVDA opened at $217.55 on Friday. NVIDIA Corporation has a 12 month low of $164.07 and a 12 month high of $236.54. The business has a 50-day moving average of $208.09 and a two-hundred day moving average of $200.77. The company has a debt-to-equity ratio of 0.14, a current ratio of 4.59 and a quick ratio of 2.85. The stock has a market capitalization of $5.24 trillion, a price-to-earnings ratio of 27.50, a price-to-earnings-growth ratio of 0.42 and a beta of 2.23.

NVIDIA (NASDAQ:NVDA - Get Free Report) last announced its quarterly earnings data on Wednesday, August 26th. The computer hardware maker reported $2.22 earnings per share 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 business had revenue of $96.22 billion for the quarter, compared to analyst estimates of $92.27 billion. During the same period in the prior year, the firm posted $1.05 EPS. The company's revenue was up 105.9% on a year-over-year basis. On average, research analysts expect that NVIDIA Corporation will post 9.1 earnings per share for the current year.

NVIDIA Announces Dividend

The business also recently declared 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. The ex-dividend date of this dividend is Thursday, September 10th. This represents a $1.00 dividend on an annualized basis and a yield of 0.5%. NVIDIA's dividend payout ratio (DPR) is currently 15.31%.

NVIDIA announced that its Board of Directors has initiated a share buyback program on Wednesday, May 20th that permits the company to buyback $80.00 billion in shares. This buyback authorization permits the computer hardware maker to buy up to 1.5% of its stock through open market purchases. Stock buyback programs are generally a sign that the company's board believes its shares are undervalued.

NVIDIA Company Profile

NVIDIA Corporation, founded in 1993 and headquartered in Santa Clara, California, is a global technology company that designs and develops graphics processing units (GPUs) and system-on-chip (SoC) technologies. Co-founded by Jensen Huang, who serves as president and chief executive officer, along with Chris Malachowsky and Curtis Priem, NVIDIA has grown from a graphics-focused chipmaker into a broad provider of accelerated computing hardware and software for multiple industries.

The company's product portfolio spans discrete GPUs for gaming and professional visualization (marketed under the GeForce and NVIDIA RTX lines), high-performance data center accelerators used for AI training and inference (including widely adopted platforms such as the A100 and H100 series), and Tegra SoCs for automotive and edge applications.

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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.

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