NVIDIA Corporation $NVDA Shares Purchased by Nicholas Investment Partners LP

Key Points

• Nicholas Investment Partners LP increased its NVIDIA holdings by 7% in the second quarter, owning 126,682 shares valued at approximately $25.3 million. Institutional investors collectively own 65.27% of NVIDIA.
• NVIDIA reported strong fundamentals, including quarterly revenue growth of 105.9% year over year and earnings that exceeded analyst expectations. The company also authorized a $150 billion share-buyback plan.
• Analyst sentiment remains broadly positive, with an average “Buy” rating and a $321.89 target price, though concerns persist around elevated AI spending, insider selling and mixed options activity.

Nicholas Investment Partners LP lifted its holdings in shares of NVIDIA Corporation (NASDAQ:NVDA - Free Report) by 7.0% during the 2nd quarter, according to the company in its most recent filing with the Securities and Exchange Commission (SEC). The institutional investor owned 126,682 shares of the computer hardware maker's stock after purchasing an additional 8,335 shares during the period. NVIDIA accounts for about 1.4% of Nicholas Investment Partners LP's portfolio, making the stock its 10th biggest position. Nicholas Investment Partners LP's holdings in NVIDIA were worth $25,348,000 at the end of the most recent quarter.

Several other institutional investors and hedge funds also recently made changes to their positions in NVDA. Boyd Wealth Management LLC lifted its position in NVIDIA by 273.4% in the 2nd quarter. Boyd Wealth Management LLC now owns 9,145 shares of the computer hardware maker's stock valued at $1,830,000 after acquiring an additional 6,696 shares in the last quarter. Ally Financial Inc. boosted its stake in NVIDIA by 10.3% during the 2nd quarter. Ally Financial Inc. now owns 172,000 shares of the computer hardware maker's stock valued at $34,415,000 after purchasing an additional 16,000 shares during the last quarter. Altshuler Shaham Ltd increased its holdings in NVIDIA by 6,451.9% during the 1st quarter. Altshuler Shaham Ltd now owns 637,236 shares of the computer hardware maker's stock worth $111,134,000 after purchasing an additional 627,510 shares in the last quarter. Storen Legacy Partners LLC bought a new stake in NVIDIA during the 4th quarter worth approximately $1,350,000. Finally, Baker Tilly Wealth Management LLC increased its holdings in NVIDIA by 7.4% during the 2nd quarter. Baker Tilly Wealth Management LLC now owns 71,898 shares of the computer hardware maker's stock worth $14,386,000 after purchasing an additional 4,958 shares in the last quarter. Institutional investors own 65.27% of the company's stock.

Key Stories Impacting NVIDIA

Here are the key news stories impacting NVIDIA this week:

• Positive Sentiment: AI infrastructure demand remains robust. TSMC reported third-quarter revenue growth of 50%, while analysts cited continued hyperscaler spending and projected U.S. data-center capital expenditures of roughly $2 trillion next year—supportive of NVIDIA’s accelerator demand. NVIDIA AI spending outlook
• Positive Sentiment: SpaceX reportedly plans to raise as much as $40 billion to purchase NVIDIA AI chips, highlighting the scale of demand from emerging AI customers. NVIDIA also committed $1 billion over five years to U.S. scientific research in areas including quantum computing, healthcare and energy security. SpaceX NVIDIA chip purchase report
• Neutral Sentiment: Options activity is mixed: a large bullish trade suggests some investors expect further gains, but heavier put buying in the semiconductor ETF indicates increased hedging and caution across the chip sector. Technical analysts also see resistance near $235 and potential support around $215–$220. NVIDIA and semiconductor options activity
• Negative Sentiment: Investors remain concerned that AI spending may be debt-funded and approaching a peak. The withdrawal of NVIDIA-backed Firmus Grid’s proposed multibillion-dollar IPO, alongside reports that OpenAI’s annualized revenue was below earlier expectations, has raised questions about AI infrastructure valuations and customer funding. Firmus IPO withdrawal
• Negative Sentiment: Leadership and governance headlines add limited uncertainty: NVIDIA’s head of corporate communications left after roughly four months, while a legal challenge to the company’s Groq technology transaction could create additional execution and reputational risk. NVIDIA communications chief departure

NVIDIA Trading Down 0.5%

NASDAQ:NVDA opened at $229.28 on Friday. NVIDIA Corporation has a 1 year low of $164.27 and a 1 year high of $243.37. The stock's fifty day moving average price is $222.66 and its two-hundred day moving average price is $209.43. 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 company has a market cap of $5.53 trillion, a P/E ratio of 28.99, a P/E/G ratio of 1.77 and a beta of 2.22.

NVIDIA (NASDAQ:NVDA - Get Free Report) last posted its 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 during the quarter, compared to analyst estimates of $92.27 billion. During the same quarter in the previous year, the firm earned $1.05 EPS. The company's quarterly revenue was up 105.9% compared to the same quarter last year. As a group, analysts expect that NVIDIA Corporation will post 9.25 EPS for the current year.

NVIDIA Dividend Announcement

The firm also recently declared a quarterly dividend, which was paid on Thursday, October 1st. Shareholders of record on Thursday, September 10th were issued a $0.25 dividend. The ex-dividend date of this dividend was Thursday, September 10th. This represents a $1.00 annualized dividend and a dividend yield of 0.4%. NVIDIA's dividend payout ratio (DPR) is presently 12.64%.

NVIDIA announced that its board has authorized a stock buyback plan on Monday, September 28th that authorizes the company to buy back $150.00 billion in outstanding shares. This buyback authorization authorizes the computer hardware maker to reacquire up to 2.8% of its stock through open market purchases. Stock buyback plans are generally an indication that the company's board believes its shares are undervalued.

Analyst Upgrades and Downgrades

Several research analysts recently issued reports on NVDA shares. KeyCorp reaffirmed an "overweight" rating and set a $330.00 target price on shares of NVIDIA in a research report on Monday, August 24th. Wall Street Zen raised NVIDIA from a "buy" rating to a "strong-buy" rating in a research report on Saturday. Sanford C. Bernstein restated a "buy" rating on shares of NVIDIA in a research note on Monday, September 21st. Cantor Fitzgerald restated an "overweight" rating and set a $350.00 price objective on shares of NVIDIA in a research note on Thursday, October 1st. Finally, Piper Sandler initiated coverage on shares of NVIDIA in a report on Wednesday, September 9th. They set an "overweight" rating and a $300.00 price objective on the stock. Five investment analysts have rated the stock with a Strong Buy rating, forty-nine have given a Buy rating and one has issued a Hold rating to the company's stock. According to data from MarketBeat.com, the company presently has an average rating of "Buy" and an average target price of $321.89.

Insider Activity

In other news, CFO Colette Kress sold 34,918 shares of the business's stock in a transaction dated Thursday, September 17th. The stock was sold at an average price of $219.05, for a total transaction 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. The trade was a 4.36% decrease in their ownership of the stock. The sale was disclosed in a document filed with the Securities & Exchange Commission, which can be accessed through the SEC website. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Also, Director Mark Stevens sold 622,239 shares of the company'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 transaction of $144,122,997.18. Following the completion of the transaction, the director owned 2,336,531 shares in the company, valued at approximately $541,187,310.22. This trade represents a 21.03% decrease in their ownership of the stock. The disclosure for this sale is available in the SEC filing. In the last 90 days, insiders sold 1,766,118 shares of company stock worth $399,450,353. 3.94% of the stock is currently owned by insiders.

NVIDIA Company Profile

NVIDIA Corporation is a technology company that designs accelerated computing platforms, graphics processing units (GPUs), central processing units (CPUs), networking products and related software. Its technologies are used in artificial intelligence, data centers, scientific and technical computing, gaming, professional visualization, automotive systems and robotics.

The company's products include GeForce GPUs and gaming software, data center computing platforms, networking solutions, and enterprise software for AI development and deployment.

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