NVIDIA Corporation $NVDA Shares Newly Acquired by Pacifica Partners Inc.

Key Points

• Pacifica Partners acquired 19,112 NVIDIA shares worth approximately $4.4 million in the third quarter, making NVDA about 1.4% of its portfolio. Institutional investors and hedge funds collectively own 65.27% of NVIDIA.
• NVIDIA reported quarterly EPS of $2.22 and revenue of $96.22 billion, exceeding analyst expectations, while revenue surged 105.9% year over year. Analysts maintain a broadly bullish outlook, with a consensus “Buy” rating and a $321.47 price target.
• NVIDIA authorized a $150 billion stock buyback, allowing repurchases of up to 2.8% of outstanding shares. The company also pays a $0.25 quarterly dividend, although insiders have sold roughly $399.5 million of stock over the past 90 days.

Pacifica Partners Inc. acquired a new position in shares of NVIDIA Corporation (NASDAQ:NVDA - Free Report) in the 3rd quarter, according to its most recent disclosure with the Securities and Exchange Commission (SEC). The institutional investor acquired 19,112 shares of the computer hardware maker's stock, valued at approximately $4,414,000. NVIDIA accounts for about 1.4% of Pacifica Partners Inc.'s holdings, making the stock its 25th largest holding.

Several other institutional investors and hedge funds also recently modified their holdings of NVDA. Montgomery Financial Services LLC acquired a new position in NVIDIA during the 2nd quarter worth approximately $28,000. Langley Wealth Management LLC bought a new position in NVIDIA in the second quarter valued at $34,000. Phillip James Consulting Co. bought a new position in shares of NVIDIA in the 1st quarter valued at about $40,000. Bard Associates Inc. increased its position in shares of NVIDIA by 8,866.7% in the second quarter. Bard Associates Inc. now owns 269 shares of the computer hardware maker's stock valued at $54,000 after acquiring an additional 266 shares during the last quarter. Finally, Frankly Finances LLC acquired a new stake in shares of NVIDIA in the second quarter valued at about $60,000. 65.27% of the stock is owned by institutional investors and hedge funds.

Analysts Set New Price Targets

Several research firms recently issued reports on NVDA. DZ Bank reiterated a "buy" rating on shares of NVIDIA in a report on Wednesday, August 26th. Rosenblatt Securities restated a "buy" rating and issued a $390.00 price target on shares of NVIDIA in a research note on Tuesday, September 29th. KeyCorp reaffirmed an "overweight" rating and set a $330.00 price target on shares of NVIDIA in a research report on Monday, August 24th. Stifel Nicolaus set a $315.00 price target on shares of NVIDIA in a research report on Thursday, August 27th. Finally, UBS Group reissued a "buy" rating on shares of NVIDIA in a research report on Friday, October 9th. Five research analysts have rated the stock with a Strong Buy rating, forty-nine have given a Buy rating and one has assigned a Hold rating to the company. Based on data from MarketBeat.com, NVIDIA presently has an average rating of "Buy" and a consensus price target of $321.47.

NVIDIA Stock Performance

Shares of NASDAQ NVDA opened at $204.64 on Friday. The company has a current ratio of 4.59, a quick ratio of 3.85 and a debt-to-equity ratio of 0.14. NVIDIA Corporation has a 12 month low of $164.27 and a 12 month high of $243.37. The stock has a 50 day moving average of $221.74 and a 200-day moving average of $204.24. The company has a market capitalization of $4.93 trillion, a P/E ratio of 25.87, a P/E/G ratio of 1.57 and a beta of 2.22.

NVIDIA (NASDAQ:NVDA - Get Free Report) last posted its quarterly earnings results on Wednesday, August 26th. The computer hardware maker reported $2.22 earnings per share for the quarter, beating 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 business had revenue of $96.22 billion for the quarter, compared to analysts' expectations of $92.27 billion. During the same quarter in the prior year, the business earned $1.05 EPS. The firm's revenue for the quarter was up 105.9% on a year-over-year basis. As a group, equities research analysts predict that NVIDIA Corporation will post 9.30 EPS for the current year.

NVIDIA Dividend Announcement

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

NVIDIA declared that its board has authorized a stock buyback plan on Monday, September 28th that authorizes the company to buy back $150 billion in shares. This repurchase authorization authorizes the computer hardware maker to reacquire up to 2.8% of its stock through open market purchases. Share repurchase plans are typically a sign that the company's board believes its shares are undervalued.

Insider Buying and Selling at NVIDIA

In other news, EVP Timothy S. Teter sold 30,460 shares of the firm's stock in a transaction dated 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 sale, the executive vice president owned 2,687,660 shares in the company, valued at approximately $598,810,648. This trade represents a 1.12% decrease in their position. The transaction was disclosed in a 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 A. Stevens sold 622,239 shares of the firm's stock in a transaction dated 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 sale, the director owned 2,336,531 shares of the company's stock, valued at approximately $541,187,310.22. This represents a 21.03% decrease in their position. The SEC filing for this sale provides additional information. Insiders have sold a total of 1,766,118 shares of company stock worth $399,450,353 over the last ninety days. Insiders own 3.94% of the company's stock.

Key Headlines Impacting NVIDIA

Here are the key news stories impacting NVIDIA this week:

• Positive Sentiment: NVIDIA’s strong earnings, expanding margins and outlook for roughly 70% revenue growth in fiscal 2028 continue to support the bullish case. Analysts argue that AI demand remains supply-constrained and that the company’s latest guidance exceeded expectations. NVIDIA’s AI Dominance Could Have Further to Run
• Positive Sentiment: The company is broadening its role beyond GPUs by offering complete AI-factory architectures, networking, software and edge systems. Expanded collaborations with Microsoft, Meta, Oracle and other partners could increase NVIDIA’s share of customers’ overall AI infrastructure budgets. How AI Factory Expansion Will Impact NVIDIA Investors
• Positive Sentiment: Commentary highlighting AI demand, pricing power and NVIDIA’s strategic investments in networking, software and AI companies provides potential long-term catalysts. Wall Street analyst sentiment remains broadly favorable despite the recent correction. NVIDIA Stock: Analyst Estimates and Ratings

NVIDIA Company Profile

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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