NVIDIA Corporation $NVDA Shares Purchased by Synergy Asset Management LLC

Key Points

• Synergy Asset Management increased its NVIDIA stake by 14.7% in the second quarter, acquiring 41,894 additional shares for a total of 326,910 shares valued at approximately $65.4 million. Institutional investors and hedge funds own 65.27% of NVIDIA’s stock.
• NVIDIA reported quarterly earnings of $2.22 per share and revenue of $96.22 billion, exceeding analyst estimates, with revenue rising 105.9% year over year and a 63.66% net margin.
• Wall Street remains bullish, with a consensus “Buy” rating and an average price target of $324.34, although insiders sold $571 million of stock in the latest quarter and investors continue to weigh NVIDIA’s high valuation and regulatory risks.

Synergy Asset Management LLC boosted its holdings in NVIDIA Corporation (NASDAQ:NVDA - Free Report) by 14.7% during the 2nd quarter, according to the company in its most recent 13F filing with the Securities & Exchange Commission. The firm owned 326,910 shares of the computer hardware maker's stock after buying an additional 41,894 shares during the period. NVIDIA makes up about 6.2% of Synergy Asset Management LLC's investment portfolio, making the stock its 2nd largest position. Synergy Asset Management LLC's holdings in NVIDIA were worth $65,411,000 at the end of the most recent quarter.

A number of other large investors also recently modified their holdings of the business. Lifetime Wealth Management P.C. bought a new stake in NVIDIA in the 4th quarter valued at $26,000. Longview Financial Advisors Inc. acquired a new stake in NVIDIA in the 1st quarter worth $27,000. Longfellow Investment Management Co. LLC increased its holdings in shares of NVIDIA by 47.9% during the 2nd quarter. Longfellow Investment Management Co. LLC now owns 207 shares of the computer hardware maker's stock worth $33,000 after purchasing an additional 67 shares during the period. Phillip James Consulting Co. acquired a new position in shares of NVIDIA during the first quarter valued at about $40,000. Finally, Spurstone Advisory Services LLC acquired a new position in shares of NVIDIA during the second quarter valued at about $40,000. 65.27% of the stock is currently owned by institutional investors and hedge funds.

NVIDIA Stock Down 0.0%

Shares of NASDAQ NVDA opened at $218.29 on Friday. NVIDIA Corporation has a 52-week low of $164.27 and a 52-week high of $236.54. The company has a debt-to-equity ratio of 0.14, a quick ratio of 3.85 and a current ratio of 4.59. The business has a fifty day moving average of $213.29 and a two-hundred day moving average of $203.33. The stock has a market cap of $5.26 trillion, a PE ratio of 27.60, a PEG ratio of 1.71 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, topping the consensus estimate of $2.09 by $0.13. The business had revenue of $96.22 billion for the quarter, compared to analyst estimates of $92.27 billion. NVIDIA had a net margin of 63.66% and a return on equity of 96.04%. The firm's quarterly revenue was up 105.9% compared to the same quarter last year. During the same quarter in the prior year, the firm earned $1.05 EPS. As a group, equities research analysts expect that NVIDIA Corporation will post 9.12 earnings per share for the current fiscal year.

NVIDIA announced that its Board of Directors has authorized a share repurchase plan on Wednesday, May 20th that authorizes the company to repurchase $80.00 billion in shares. This repurchase authorization authorizes the computer hardware maker to buy up to 1.5% of its shares through open market purchases. Shares repurchase plans are typically an indication that the company's board of directors believes its stock is undervalued.

NVIDIA Dividend Announcement

The company also recently disclosed a quarterly dividend, which will be paid on Thursday, October 1st. Stockholders of record on Thursday, September 10th will be issued a dividend of $0.25 per share. The ex-dividend date of this dividend is 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%.

NVIDIA News Summary

Here are the key news stories impacting NVIDIA this week:

• Positive Sentiment: Analyst upgrade and growth outlook: Piper Sandler upgraded NVIDIA to “strong buy,” while CEO Jensen Huang reiterated expectations for roughly 70% revenue growth next year and a potential $3 trillion–$4 trillion AI market by 2030. Erste Group also raised its FY2027 EPS estimate to $9.23 from $9.00. NVIDIA analyst upgrade Jensen Huang growth outlook
• Positive Sentiment: Evidence of sustained chip demand: TSMC reported August revenue growth of 53.3% year over year, signaling continued orders for AI accelerators and advanced packaging. The data supports NVIDIA’s view that hyperscaler and enterprise AI infrastructure spending remains strong. TSMC August revenue
• Positive Sentiment: Infrastructure expansion and partnerships: NVIDIA is working with Australian cloud and data-center companies on up to 2 gigawatts of AI-factory capacity by 2027. Its collaborations with Palantir on sovereign AI supply chains and d-Matrix on chip-linking technology further expand the CUDA-based ecosystem and potential future demand. NVIDIA Australia AI infrastructure d-Matrix partnership
• Neutral Sentiment: Valuation remains the central debate: Investors are weighing NVIDIA’s exceptional growth, profitability and AI leadership against a very high market capitalization and the possibility that optimistic forecasts are already reflected in the stock. Analysts continue to compare NVIDIA with Broadcom and AMD as custom silicon competition develops. NVIDIA valuation debate
• Negative Sentiment: Regulatory and sentiment risks: The Justice Department is reportedly examining NVIDIA’s licensing arrangement with Groq for possible antitrust concerns. In addition, insiders have reported substantial selling with no purchases in the past six months, while higher oil prices and Treasury yields have pressured high-growth technology shares. DOJ Groq investigation NVIDIA insider sales

Insider Buying and Selling

In related news, EVP Timothy S. Teter sold 30,000 shares of the firm's stock in a transaction on Monday, August 31st. The stock was sold at an average price of $217.88, for a total transaction of $6,536,400.00. Following the completion of the sale, the executive vice president directly owned 2,687,660 shares of the company's stock, valued at $585,587,360.80. This trade represents a 1.10% decrease in their position. The transaction was disclosed in a document filed with the SEC, which is available at this hyperlink. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Also, Director Mark A. Stevens sold 885,000 shares of NVIDIA stock in a transaction dated Thursday, June 18th. The shares were sold at an average price of $210.17, for a total value of $186,000,450.00. Following the completion of the transaction, the director directly owned 5,207,271 shares of the company's stock, valued at $1,094,412,146.07. This represents a 14.53% decrease in their ownership of the stock. The SEC filing for this sale provides additional information. Insiders sold 2,585,740 shares of company stock valued at $571,015,527 in the last quarter. 3.94% of the stock is currently owned by corporate insiders.

Wall Street Analyst Weigh In

NVDA has been the topic of a number of recent research reports. Craig Hallum lifted their target price on NVIDIA from $245.00 to $275.00 and gave the stock a "buy" rating in a research report on Thursday, May 21st. Truist Financial raised their target price on NVIDIA from $307.00 to $346.00 and gave the stock a "buy" rating in a research report on Thursday, August 27th. DZ Bank reiterated a "buy" rating on shares of NVIDIA in a research note on Wednesday, August 26th. New Street Research lowered their price target on shares of NVIDIA from $343.00 to $340.00 in a report on Thursday, May 21st. Finally, Argus increased their price objective on shares of NVIDIA from $220.00 to $270.00 and gave the company a "buy" rating in a research note on Thursday, May 21st. Three equities research analysts have rated the stock with a Strong Buy rating, fifty have issued a Buy rating and two have assigned a Hold rating to the company's stock. Based on data from MarketBeat, the company currently has an average rating of "Buy" and a consensus target price of $324.34.

NVIDIA Profile

NVIDIA Corporation is a technology company that designs accelerated computing platforms, graphics processors and related software. Its products are used for artificial intelligence, machine learning, high-performance computing, computer graphics, data-center applications and other workloads that benefit from parallel processing.

The company's offerings include GeForce graphics processing units (GPUs) and software for gaming and personal computers; data-center GPUs, systems and networking products; and professional visualization solutions for design, engineering, media and scientific applications.

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