NVIDIA Corporation $NVDA Shares Purchased by AWM Capital LLC

Key Points

• AWM Capital increased its NVIDIA stake by 77.6% in the third quarter, adding 5,248 shares to hold 12,013 shares valued at about $2.74 million. Institutional investors and hedge funds collectively own 65.27% of the stock.
• NVIDIA reported quarterly earnings of $2.22 per share and revenue of $96.22 billion, beating analyst estimates; revenue rose 105.9% year over year.
• Analyst views were mixed: the consensus rating was “Moderate Buy” with a $283.63 price target, while Truist downgraded the stock to “Hold.”

AWM Capital LLC boosted its stake in NVIDIA Corporation (NASDAQ:NVDA - Free Report) by 77.6% during the 3rd quarter, according to its most recent 13F filing with the Securities & Exchange Commission. The firm owned 12,013 shares of the computer hardware maker's stock after acquiring an additional 5,248 shares during the period. AWM Capital LLC's holdings in NVIDIA were worth $2,744,000 as of its most recent SEC filing.

Other institutional investors and hedge funds have also recently added to or reduced their stakes in the company. Intelligent Financial Strategies acquired a new stake in shares of NVIDIA during the third quarter worth $26,000. Montgomery Financial Services LLC purchased a new position in NVIDIA in the 2nd quarter valued at $28,000. Langley Wealth Management LLC purchased a new position in NVIDIA in the 2nd quarter valued at $34,000. Newton One Investments LLC purchased a new position in NVIDIA during the 3rd quarter worth $34,000. Finally, Phillip James Consulting Co. purchased a new position in NVIDIA during the 1st quarter worth $40,000. 65.27% of the stock is owned by hedge funds and other institutional investors.

Trending Headlines about NVIDIA

Investors following NVDA have been watching these headlines:

• Positive Sentiment: Some investors see the selloff as an opportunity: retail traders reportedly bought about $111 million of NVDA in the first 30 minutes of trading. Bullish commentary points to NVIDIA’s established AI business and continuing infrastructure demand. Article: Huang Exit Fuels Nvidia Bulls
• Negative Sentiment: Huang’s departure raises key-person and succession concerns after 33 years at the helm. The surrounding allegations and scrutiny—including questions about possible chip diversion to China—could invite tighter export controls and damage investor confidence; these claims remain under investigation and are not established findings. Article: Jensen Huang steps down
• Negative Sentiment: Several analysts downgraded the stock or cut price targets, citing leadership, governance and China-related risks. A securities class action adds another source of uncertainty for shareholders. Article: Nvidia Stock Just Got Downgraded

Wall Street Analyst Weigh In

Several analysts have recently weighed in on NVDA shares. Truist Financial downgraded shares of NVIDIA from a "buy" rating to a "hold" rating and set a $174.00 target price on the stock. in a report on Thursday. Piper Sandler assumed coverage on shares of NVIDIA in a research report on Wednesday, September 9th. They issued an "overweight" rating and a $300.00 price objective for the company. HSBC lifted their price objective on NVIDIA from $360.00 to $365.00 in a report on Thursday, August 27th. KGI Securities boosted their target price on NVIDIA from $335.00 to $345.00 in a research report on Thursday, August 27th. Finally, Oppenheimer downgraded NVIDIA from an "outperform" rating to a "market perform" rating in a research note on Thursday. Five investment analysts have rated the stock with a Strong Buy rating, thirty-nine have given a Buy rating and twelve have given a Hold rating to the stock. According to data from MarketBeat.com, NVIDIA currently has a consensus rating of "Moderate Buy" and a consensus price target of $283.63.

NVIDIA Stock Performance

NVDA opened at $166.19 on Friday. The stock has a market cap of $4.01 trillion, a P/E ratio of 21.01, a P/E/G ratio of 1.34 and a beta of 2.21. The company has a debt-to-equity ratio of 0.14, a current ratio of 4.59 and a quick ratio of 3.85. The stock's 50 day simple moving average is $215.96 and its 200 day simple moving average is $204.25. NVIDIA Corporation has a 1-year low of $148.80 and a 1-year high of $243.37.

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 for the quarter, beating the consensus estimate of $2.09 by $0.13. The firm had revenue of $96.22 billion during 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%. NVIDIA's quarterly revenue was up 105.9% on a year-over-year basis. During the same period last year, the business posted $1.05 EPS. As a group, equities analysts anticipate that NVIDIA Corporation will post 9.29 EPS for the current fiscal year.

NVIDIA Dividend Announcement

The firm also recently disclosed a quarterly dividend, which was paid on Thursday, October 1st. Investors of record on Thursday, September 10th were given a $0.25 dividend. The ex-dividend date was Thursday, September 10th. This represents a $1.00 annualized dividend and a dividend yield of 0.6%. NVIDIA's payout ratio is currently 12.64%.

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

Insider Buying and Selling

In related news, EVP Timothy Teter sold 30,460 shares of the 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 sale, the executive vice president directly owned 2,687,660 shares of the company's stock, valued at approximately $598,810,648. This represents a 1.12% decrease in their position. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which is available at this hyperlink. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Also, CFO Colette Kress sold 34,918 shares of the firm's stock in a transaction dated Thursday, September 17th. The shares were sold at an average price of $219.05, for a total transaction of $7,648,787.90. Following the transaction, the chief financial officer owned 765,103 shares of the company's stock, valued at $167,595,812.15. This trade represents a 4.36% decrease in their ownership of the stock. Additional details regarding this sale are available in the official SEC disclosure. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Insiders have sold 1,766,118 shares of company stock worth $399,450,353 in the last three months. Corporate insiders own 3.94% of the company's stock.

NVIDIA Profile

NVIDIA Corporation develops graphics processing units (GPUs), accelerated computing platforms and related software. Founded in 1993, the company first became widely known for GPUs used in PC gaming and professional graphics. Its technology now also supports artificial intelligence, scientific computing and other data-intensive applications. NVIDIA's offerings include GeForce products for gaming, data-center GPUs and systems for AI workloads, and networking products that connect computing infrastructure.

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