NVIDIA Corporation $NVDA Shares Purchased by LifeGoal Investments LLC

Key Points

• LifeGoal Investments LLC increased its NVIDIA position by 371.5% in the third quarter, acquiring 51,462 additional shares for a total of 65,314 shares valued at approximately $14.9 million.
• Institutional investors hold 65.27% of NVIDIA, with major holders including State Street, Bank of America, Amundi and Deutsche Bank adding to their positions.
• NVIDIA reported quarterly revenue of $96.22 billion, up 105.9% year over year, and exceeded earnings expectations. Analysts maintain a consensus “Buy” rating, while the company has authorized a $150 billion share-repurchase program.

LifeGoal Investments LLC grew its position in shares of NVIDIA Corporation (NASDAQ:NVDA - Free Report) by 371.5% during the 3rd quarter, according to the company in its most recent filing with the SEC. The firm owned 65,314 shares of the computer hardware maker's stock after purchasing an additional 51,462 shares during the quarter. NVIDIA accounts for 4.6% of LifeGoal Investments LLC's portfolio, making the stock its 5th largest position. LifeGoal Investments LLC's holdings in NVIDIA were worth $14,916,000 at the end of the most recent quarter.

A number of other hedge funds and other institutional investors also recently modified their holdings of NVDA. State Street Corp grew its holdings in NVIDIA by 1.6% during the second quarter. State Street Corp now owns 1,009,783,437 shares of the computer hardware maker's stock worth $202,047,568,000 after acquiring an additional 15,897,836 shares during the period. Bank of America Corp DE lifted its holdings in NVIDIA by 2.2% in the 2nd quarter. Bank of America Corp DE now owns 195,366,864 shares of the computer hardware maker's stock valued at $39,090,956,000 after acquiring an additional 4,165,875 shares during the last quarter. Amundi lifted its holdings in NVIDIA by 10.4% in the 1st quarter. Amundi now owns 133,768,018 shares of the computer hardware maker's stock valued at $23,329,141,000 after acquiring an additional 12,575,177 shares during the last quarter. Deutsche Bank AG lifted its holdings in NVIDIA by 2.3% in the 2nd quarter. Deutsche Bank AG now owns 91,954,159 shares of the computer hardware maker's stock valued at $18,399,108,000 after acquiring an additional 2,045,101 shares during the last quarter. Finally, Dimensional Fund Advisors LP boosted its position in shares of NVIDIA by 0.6% during the 1st quarter. Dimensional Fund Advisors LP now owns 94,521,253 shares of the computer hardware maker's stock valued at $16,479,126,000 after purchasing an additional 555,221 shares in the last quarter. Institutional investors own 65.27% 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

Analyst Upgrades and Downgrades

Several equities analysts have recently issued reports on the stock. Jefferies Financial Group reaffirmed a "buy" rating on shares of NVIDIA in a research note on Wednesday, August 26th. Morgan Stanley set a $230.00 target price on shares of NVIDIA in a research note on Friday, October 2nd. China Renaissance lifted their price target on shares of NVIDIA from $319.00 to $330.00 and gave the stock a "buy" rating in a research report on Monday, August 31st. BNP Paribas Exane restated an "outperform" rating and issued a $345.00 price target on shares of NVIDIA in a research report on Monday, October 5th. Finally, Weiss Ratings raised NVIDIA from a "buy (b)" rating to a "buy (b+)" rating in a report on Friday, October 16th. Five investment analysts have rated the stock with a Strong Buy rating, forty-nine have issued a Buy rating and one has given a Hold rating to the company. Based on data from MarketBeat, the company currently has a consensus rating of "Buy" and an average price target of $321.47.

NVIDIA Stock Performance

Shares of NVDA opened at $204.64 on Friday. NVIDIA Corporation has a one year low of $164.27 and a one year high of $243.37. The company has a 50-day moving average of $221.74 and a two-hundred day moving average of $204.24. The stock has a market cap of $4.93 trillion, a price-to-earnings ratio of 25.87, a PEG ratio of 1.57 and a beta of 2.22. The company has a debt-to-equity ratio of 0.14, a current ratio of 4.59 and a quick ratio of 3.85.

NVIDIA (NASDAQ:NVDA - Get Free Report) last released its earnings results 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 the consensus estimate of $92.27 billion. During the same period last year, the firm posted $1.05 earnings per share. The firm's quarterly revenue was up 105.9% compared to the same quarter last year. On average, equities research analysts expect that NVIDIA Corporation will post 9.30 earnings per share for the current year.

NVIDIA Dividend Announcement

The company 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 annualized dividend and a yield of 0.5%. The ex-dividend date was Thursday, September 10th. NVIDIA's payout ratio is presently 12.64%.

NVIDIA announced that its Board of Directors has initiated a stock repurchase program on Monday, September 28th that allows the company to repurchase $150 billion in shares. This repurchase authorization allows the computer hardware maker to reacquire up to 2.8% of its stock through open market purchases. Share repurchase programs are often a sign that the company's board believes its stock is undervalued.

Insiders Place Their Bets

In other NVIDIA news, Director Mark Stevens sold 622,239 shares of the business's stock in a transaction on Friday, September 4th. The shares were sold at an average price of $231.62, for a total transaction of $144,122,997.18. Following the sale, the director directly owned 2,336,531 shares of the company's stock, valued at $541,187,310.22. The trade was a 21.03% decrease in their position. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is available through this hyperlink. Also, CFO Colette Kress sold 34,918 shares of the business's stock in a transaction on 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 sale, the chief financial officer directly owned 765,103 shares in the company, valued at approximately $167,595,812.15. This trade 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. In the last three months, insiders have sold 1,766,118 shares of company stock worth $399,450,353. Corporate insiders own 3.94% of the company's stock.

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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