NVIDIA Corporation $NVDA Shares Purchased by TriaGen Wealth Management LLC

Key Points

• TriaGen Wealth Management increased its NVIDIA position by 23.4% in the second quarter, adding 9,412 shares to hold 49,597 shares worth approximately $9.9 million. Institutional investors collectively own 65.27% of NVIDIA.
• NVIDIA reported exceptionally strong quarterly results, with revenue rising 105.9% year over year to $96.22 billion and EPS of $2.22, beating analyst expectations. Continued AI infrastructure demand, new platforms and expanding customer applications support the growth outlook.
• Despite a consensus “Moderate Buy” rating and a $324.83 price target, investor concerns include valuation, competition and insider selling. Insiders sold 2.59 million shares worth about $571 million over the past three months, while the stock recently declined 2%.

TriaGen Wealth Management LLC raised its position in NVIDIA Corporation (NASDAQ:NVDA - Free Report) by 23.4% during the 2nd quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The fund owned 49,597 shares of the computer hardware maker's stock after purchasing an additional 9,412 shares during the quarter. NVIDIA comprises 2.5% of TriaGen Wealth Management LLC's investment portfolio, making the stock its 9th biggest position. TriaGen Wealth Management LLC's holdings in NVIDIA were worth $9,924,000 at the end of the most recent quarter.

Several other hedge funds have also made changes to their positions in the company. Lifetime Wealth Management P.C. purchased a new position in NVIDIA in the fourth quarter worth approximately $26,000. Longview Financial Advisors Inc. purchased a new stake in NVIDIA in the first quarter valued at $27,000. Longfellow Investment Management Co. LLC lifted its stake in shares of NVIDIA by 47.9% in the 2nd quarter. Longfellow Investment Management Co. LLC now owns 207 shares of the computer hardware maker's stock valued at $33,000 after purchasing an additional 67 shares during the last quarter. Phillip James Consulting Co. acquired a new position in shares of NVIDIA in the 1st quarter valued at $40,000. Finally, Inspire Investing LLC purchased a new position in shares of NVIDIA during the 4th quarter worth $44,000. Hedge funds and other institutional investors own 65.27% of the company's stock.

NVIDIA News Summary

Here are the key news stories impacting NVIDIA this week:

• Positive Sentiment: NVIDIA continues to benefit from exceptional AI infrastructure demand. Recent analysis highlighted $96.2 billion in quarterly revenue, 106% year-over-year growth, strong data-center momentum and management’s expectation for approximately 70% revenue growth in fiscal 2028. Blackwell, networking and the upcoming Vera Rubin platform provide additional product catalysts. Nvidia's Earnings Staircase Keeps The Momentum Rolling
• Positive Sentiment: CEO Jensen Huang reinforced the investment case by describing NVIDIA’s computing hardware as durable, rentable and capable of generating revenue for customers even as chips age. Continued rental demand for older H100 systems supports the resale and utilization value of NVIDIA’s installed base. Jensen Huang Calls Nvidia Chips a Revenue-Generating Asset
• Positive Sentiment: Customer and ecosystem news remains supportive: NVIDIA-backed Firmus signed a multiyear computing-capacity agreement with OpenAI, while Quantum Cyber announced an eight-GPU NVIDIA A100 cluster for autonomous defense and drone applications. These announcements indicate expanding use of NVIDIA hardware beyond traditional hyperscale deployments. Nvidia-backed Firmus Signs Deal With OpenAI
• Neutral Sentiment: NVIDIA’s approximately $12.9 billion acquisition of Hugging Face is viewed as a way to deepen its software and developer ecosystem, but investors are watching whether the open-source community embraces the platform under NVIDIA ownership and whether the deal produces adequate returns.
• Neutral Sentiment: Supplier activity points to sustained demand but also rising execution and financing requirements. Wistron announced a $1.5 billion share sale to fund materials and capacity, illustrating the capital intensity of the AI-server buildout without directly changing NVIDIA’s earnings outlook.
• Negative Sentiment: Director Mark Stevens sold 1,022,239 NVIDIA shares for approximately $235.6 million across September 3–4, reducing his direct ownership by roughly one-third across the reported transactions. Although insider sales do not necessarily signal deteriorating fundamentals, the size of the sales can weigh on sentiment.
• Negative Sentiment: The stock’s pullback reflects profit-taking after three sessions of gains and weaker risk appetite linked to higher oil prices and renewed Middle East tensions. Investors also continue to debate competition from custom AI chips, data-center opposition, customer concentration and whether AI spending can justify NVIDIA’s multitrillion-dollar valuation.

NVIDIA Stock Down 2.0%

Shares of NASDAQ:NVDA opened at $225.73 on Wednesday. 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 firm has a market capitalization of $5.44 trillion, a PE ratio of 28.54, a price-to-earnings-growth ratio of 1.81 and a beta of 2.22. The firm's 50-day moving average is $211.83 and its two-hundred day moving average is $202.77. NVIDIA Corporation has a 1 year low of $164.27 and a 1 year high of $236.54.

NVIDIA (NASDAQ:NVDA - Get Free Report) last posted its quarterly earnings data on Wednesday, August 26th. The computer hardware maker reported $2.22 EPS for the quarter, beating the consensus estimate of $2.09 by $0.13. The business had revenue of $96.22 billion during 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 business's revenue for the quarter was up 105.9% compared to the same quarter last year. During the same quarter last year, the firm posted $1.05 earnings per share. Analysts predict that NVIDIA Corporation will post 9.1 EPS for the current year.

NVIDIA Announces Dividend

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

NVIDIA declared that its Board of Directors has initiated a stock 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 stock through open market purchases. Stock repurchase plans are often a sign that the company's board believes its stock is undervalued.

Analyst Upgrades and Downgrades

A number of analysts recently issued reports on the company. Wolfe Research restated an "outperform" rating and issued a $275.00 price objective on shares of NVIDIA in a report on Thursday, May 21st. HSBC increased their target price on shares of NVIDIA from $360.00 to $365.00 in a research note on Thursday, August 27th. China Renaissance lifted their price target on shares of NVIDIA from $319.00 to $330.00 and gave the company a "buy" rating in a research report on Monday, August 31st. KGI Securities boosted their price target on shares of NVIDIA from $335.00 to $345.00 in a research note on Thursday, August 27th. Finally, Barclays restated an "overweight" rating on shares of NVIDIA in a report on Thursday, May 21st. Two analysts have rated the stock with a Strong Buy rating, fifty have assigned a Buy rating and three have issued a Hold rating to the stock. According to data from MarketBeat, the stock presently has an average rating of "Moderate Buy" and a consensus price target of $324.83.

Insider Activity at NVIDIA

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

NVIDIA Company 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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