NVIDIA Corporation $NVDA Shares Sold by Alpine Woods Capital Investors LLC

Key Points

• Alpine Woods Capital Investors cut its NVIDIA position by 73.6% in the second quarter, selling 134,090 shares and retaining 48,172 shares worth approximately $9.6 million. Institutional investors and hedge funds collectively own 65.27% of NVIDIA.
• NVIDIA reported strong quarterly results, with EPS of $2.22 and revenue of $96.22 billion, exceeding analyst expectations; revenue increased 105.9% year over year. Analysts maintain a consensus “Buy” rating with an average price target of $324.14.
• Insiders sold 1.77 million shares worth roughly $399.5 million over the past 90 days, while NVIDIA authorized a $150 billion share buyback and declared a quarterly dividend of $0.25 per share.

Alpine Woods Capital Investors LLC cut its holdings in shares of NVIDIA Corporation (NASDAQ:NVDA - Free Report) by 73.6% during the 2nd quarter, according to its most recent 13F filing with the Securities & Exchange Commission. The fund owned 48,172 shares of the computer hardware maker's stock after selling 134,090 shares during the quarter. NVIDIA makes up approximately 2.1% of Alpine Woods Capital Investors LLC's holdings, making the stock its 5th largest holding. Alpine Woods Capital Investors LLC's holdings in NVIDIA were worth $9,639,000 as of its most recent SEC filing.

A number of other institutional investors also recently made changes to their positions in NVDA. Boyd Wealth Management LLC raised its stake in NVIDIA by 273.4% during 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. Altshuler Shaham Ltd boosted its position 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 acquiring an additional 627,510 shares during the period. Storen Legacy Partners LLC bought a new position in shares of NVIDIA in the fourth quarter worth $1,350,000. Baker Tilly Wealth Management LLC grew its stake in shares of NVIDIA by 7.4% in the second 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. Finally, Arrowstreet Capital Limited Partnership increased its holdings in shares of NVIDIA by 3.6% during the fourth quarter. Arrowstreet Capital Limited Partnership now owns 26,652,420 shares of the computer hardware maker's stock valued at $4,970,704,000 after purchasing an additional 936,506 shares during the period. 65.27% of the stock is owned by institutional investors and hedge funds.

Insider Activity

In other NVIDIA news, EVP Timothy Teter sold 30,460 shares of the stock in a transaction on Monday, September 21st. The stock was sold at an average price of $222.80, for a total transaction of $6,786,488.00. Following the completion of the transaction, the executive vice president directly owned 2,687,660 shares in the company, valued at $598,810,648. This represents a 1.12% decrease in their ownership of the stock. The transaction was disclosed in a legal filing with the SEC, which can be accessed through this link. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Also, Director Mark 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 transaction of $144,122,997.18. Following the sale, the director directly owned 2,336,531 shares of the company's stock, valued at approximately $541,187,310.22. The trade was a 21.03% decrease in their position. Additional details regarding this sale are available in the official SEC disclosure. In the last ninety days, insiders have sold 1,766,118 shares of company stock worth $399,450,353. Company insiders own 3.94% of the company's stock.

Analyst Ratings Changes

A number of brokerages recently weighed in on NVDA. Raymond James Financial set a $515.00 price objective on shares of NVIDIA and gave the company a "strong-buy" rating in a research note on Thursday, August 27th. Wells Fargo & Company reissued an "overweight" rating and set a $315.00 target price on shares of NVIDIA in a report on Tuesday, August 11th. Zacks Research upgraded NVIDIA from a "hold" rating to a "strong-buy" rating in a research report on Monday, September 21st. Phillip Securities increased their price target on NVIDIA from $285.00 to $300.00 and gave the company a "buy" rating in a research note on Monday, August 31st. Finally, Daiwa Securities Group decreased their target price on NVIDIA from $255.00 to $245.00 and set an "outperform" rating on the stock in a report on Thursday, September 17th. Four investment analysts have rated the stock with a Strong Buy rating, fifty have assigned a Buy rating and one has assigned a Hold rating to the stock. According to MarketBeat.com, NVIDIA has a consensus rating of "Buy" and an average price target of $324.14.

NVIDIA Stock Performance

Shares of NASDAQ NVDA opened at $230.86 on Friday. NVIDIA Corporation has a 12 month low of $164.27 and a 12 month high of $236.54. The company has a market cap of $5.56 trillion, a P/E ratio of 29.19, a P/E/G ratio of 1.76 and a beta of 2.22. The business's 50 day moving average is $218.20 and its two-hundred day moving average is $207.30. The company has a quick ratio of 3.85, a current ratio of 4.59 and a debt-to-equity ratio of 0.14.

NVIDIA (NASDAQ:NVDA - Get Free Report) last announced its quarterly earnings data on Wednesday, August 26th. The computer hardware maker reported $2.22 earnings per share (EPS) 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 the consensus estimate of $92.27 billion. NVIDIA had a net margin of 63.66% and a return on equity of 96.04%. NVIDIA's quarterly revenue was up 105.9% on a year-over-year basis. During the same quarter last year, the company posted $1.05 earnings per share. On average, equities analysts expect that NVIDIA Corporation will post 9.25 EPS for the current year.

NVIDIA announced that its Board of Directors has authorized a share buyback plan on Monday, September 28th that allows the company to repurchase $150.00 billion in shares. This repurchase authorization allows the computer hardware maker to purchase up to 2.8% of its stock through open market purchases. Stock repurchase plans are usually an indication that the company's board believes its stock is undervalued.

NVIDIA Announces Dividend

The company also recently declared a quarterly dividend, which was paid on Thursday, October 1st. Investors of record on Thursday, September 10th were paid a dividend of $0.25 per share. This represents a $1.00 annualized dividend and a yield of 0.4%. The ex-dividend date was Thursday, September 10th. NVIDIA's payout ratio is currently 12.64%.

Key NVIDIA News

Here are the key news stories impacting NVIDIA this week:

• Positive Sentiment: Barclays raised its estimate for NVIDIA’s 2027 hyperscaler revenue to approximately $401 billion, above its prior $370 billion forecast. The estimate reflects accelerating data-center investment by major cloud providers. Nvidia stock gains as Barclays sees $401B hyperscaler revenue in 2027
• Positive Sentiment: NVIDIA authorized an additional $150 billion share repurchase, bringing total buyback capacity to $235 billion through 2028. The move signals management confidence in future cash generation and could support earnings per share. Nvidia authorizes $150B buyback
• Positive Sentiment: Analysts remain constructive: Cantor Fitzgerald reaffirmed an overweight rating with a $350 price target, while other coverage highlights NVIDIA’s strong earnings prospects, rising cash flow and demand for its Vera Rubin platform. 2 Growth Stocks With Strong Earnings Prospects to Buy in October
• Positive Sentiment: New ecosystem activity, including NVIDIA’s participation in GMI Cloud’s $668 million financing and expanded digital-twin and AI-safety initiatives, reinforces demand for its full-stack AI platform.
• Neutral Sentiment: The stock is nearing its all-time high, making upcoming hyperscaler capital-expenditure updates and future earnings results important catalysts for sustaining momentum. Nvidia stock approaches record territory
• Negative Sentiment: Investors are debating NVIDIA’s financing arrangements for AI customers, which critics describe as potentially circular. Concerns about customer credit quality and overinvestment could increase volatility if AI infrastructure spending slows. Nvidia’s bet that its chips can finance the AI boom
• Negative Sentiment: China’s efforts to develop software for Huawei’s competing AI chips and the broader risk of hyperscaler CapEx fatigue remain longer-term threats to NVIDIA’s market share and valuation.

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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