NVIDIA Corporation $NVDA Shares Purchased by AXQ Capital LP

Key Points

• AXQ Capital LP more than doubled its NVIDIA stake in the second quarter, purchasing 11,111 additional shares for a total of 21,942 shares valued at approximately $4.39 million. Institutional investors collectively own 65.27% of NVIDIA.
• NVIDIA insiders have been selling shares: Director Mark A. Stevens sold roughly $144.1 million worth, while CFO Colette Kress sold about $7.6 million; insiders sold 1.77 million shares valued at approximately $399.5 million over the quarter.
• The company continues to show strong operating momentum. Quarterly revenue rose 105.9% year over year and EPS exceeded estimates, while NVIDIA authorized a $150 billion share-repurchase program; analysts maintain a consensus “Buy” rating with an average price target of $321.89.

AXQ Capital LP grew its stake in NVIDIA Corporation (NASDAQ:NVDA - Free Report) by 102.6% in the 2nd quarter, according to its most recent disclosure with the Securities & Exchange Commission. The firm owned 21,942 shares of the computer hardware maker's stock after buying an additional 11,111 shares during the quarter. NVIDIA accounts for about 0.5% of AXQ Capital LP's investment portfolio, making the stock its 25th biggest holding. AXQ Capital LP's holdings in NVIDIA were worth $4,390,000 as of its most recent filing with the Securities & Exchange Commission.

Several other large investors also recently made changes to their positions in the stock. Lifetime Wealth Management P.C. acquired a new position in NVIDIA in the 4th quarter worth $26,000. Longview Financial Advisors Inc. bought a new position in NVIDIA during the 1st quarter worth about $27,000. Phillip James Consulting Co. bought a new position in NVIDIA during the 1st quarter worth about $40,000. Bard Associates Inc. increased its holdings in NVIDIA by 8,866.7% during the 2nd quarter. Bard Associates Inc. now owns 269 shares of the computer hardware maker's stock worth $54,000 after purchasing an additional 266 shares in the last quarter. Finally, Frankly Finances LLC acquired a new stake in shares of NVIDIA in the 2nd quarter valued at about $60,000. Institutional investors own 65.27% of the company's stock.

Insider Activity at NVIDIA

In other NVIDIA news, Director Mark A. Stevens sold 622,239 shares of the firm's stock in a transaction that occurred on Friday, September 4th. The stock was sold at an average price of $231.62, for a total value of $144,122,997.18. Following the completion of the transaction, the director directly owned 2,336,531 shares in the company, valued at $541,187,310.22. This trade represents a 21.03% decrease in their ownership of the stock. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is available through this link. Also, CFO Colette Kress sold 34,918 shares of the firm's stock in a transaction that occurred on Thursday, September 17th. The shares were sold at an average price of $219.05, for a total value of $7,648,787.90. Following the completion of the transaction, the chief financial officer owned 765,103 shares of the company's stock, valued at approximately $167,595,812.15. This represents a 4.36% decrease in their ownership of the stock. The SEC filing for this sale provides additional information. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Over the last quarter, insiders have sold 1,766,118 shares of company stock valued at $399,450,353. 3.94% of the stock is owned by insiders.

NVIDIA Price Performance

NVIDIA stock opened at $214.13 on Monday. 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 1-year low of $164.27 and a 1-year high of $243.37. The company has a fifty day simple moving average of $223.20 and a 200 day simple moving average of $211.42. The company has a market cap of $5.16 trillion, a P/E ratio of 27.07, a price-to-earnings-growth ratio of 1.65 and a beta of 2.22.

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

NVIDIA announced that its board has approved a stock repurchase plan on Monday, September 28th that authorizes the company to repurchase $150.00 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 often an indication that the company's leadership believes its shares are undervalued.

NVIDIA Announces Dividend

The business also recently disclosed a quarterly dividend, which was paid on Thursday, October 1st. Stockholders of record on Thursday, September 10th were issued a $0.25 dividend. The ex-dividend date was Thursday, September 10th. This represents a $1.00 annualized dividend and a dividend yield of 0.5%. NVIDIA's dividend payout ratio (DPR) is presently 12.64%.

Key Stories Impacting NVIDIA

Here are the key news stories impacting NVIDIA this week:

• Positive Sentiment: New RTX Spark laptops expand NVIDIA’s addressable market. Systems from ASUS, Dell, HP, Lenovo, Microsoft and MSI are now available starting at $2,599, combining Blackwell graphics, up to 128GB of memory and local AI capabilities. The launch could create a new consumer and developer revenue stream beyond data centers. NVIDIA RTX Spark PCs Available Today
• Positive Sentiment: Automotive and enterprise adoption continues. Volvo expanded its partnership with NVIDIA for automated-driving systems, while Adobe is integrating NVIDIA technology across Photoshop, Premiere and other creative tools. These agreements support longer-term demand for NVIDIA hardware and software. Volvo Cars expands automated driving partnership
• Positive Sentiment: Supply-chain investment and customer deployments remain strong. Taiwan is reportedly considering as much as $4 billion for Texas industrial parks serving NVIDIA suppliers, and customers continue deploying Blackwell systems. The developments reinforce demand, although they may take time to affect revenue. Taiwan Texas industrial parks
• Neutral Sentiment: NVIDIA is broadening its software and AI-model ecosystem. Paid offerings such as AI Enterprise and Mission Control, along with Nemotron open models and partnerships with AI startups, could make earnings less dependent on hardware. However, the articles provide no near-term financial contribution.
• Negative Sentiment: AI financing concerns are the main pressure. CoreWeave’s debt has reportedly traded at distressed yields, raising questions about whether highly leveraged customers can continue funding data-center expansion. Higher Treasury yields and inflation concerns are also making large AI projects more expensive. CoreWeave financing worries
• Negative Sentiment: Investors are questioning AI growth expectations. OpenAI’s reported $50 billion revenue run rate was below the roughly $68 billion previously anticipated, prompting concern that AI demand may mature more slowly. Microsoft’s development of custom Maia chips also highlights the risk of customers developing alternatives to NVIDIA GPUs. OpenAI revenue expectations
• Negative Sentiment: Reported insider selling adds a sentiment overhang. Recent data showed NVIDIA insiders made numerous sales and no open-market purchases over the past six months, though such transactions may reflect planned diversification rather than a change in business outlook.

Analyst Ratings Changes

A number of analysts have recently commented on the company. Deutsche Bank Aktiengesellschaft restated a "buy" rating on shares of NVIDIA in a report on Monday, August 31st. Phillip Securities upped their price objective on NVIDIA from $285.00 to $300.00 and gave the stock a "buy" rating in a research report on Monday, August 31st. DA Davidson reaffirmed a "buy" rating and set a $300.00 price objective on shares of NVIDIA in a research report on Thursday, August 27th. Wells Fargo & Company set a $210.00 price objective on NVIDIA in a report on Friday, October 2nd. Finally, UBS Group reissued a "buy" rating on shares of NVIDIA in a research report on Friday, October 9th. Five equities 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's stock. According to MarketBeat.com, the stock presently has a consensus rating of "Buy" and an average price target of $321.89.

NVIDIA 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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