NVIDIA Corporation $NVDA Shares Sold by Burr Financial Services LLC

Key Points

• Burr Financial Services trimmed its NVIDIA position by 2% in the third quarter, selling 4,675 shares and retaining 231,470 shares valued at approximately $52.9 million. NVIDIA remains the firm’s largest holding, representing 32.4% of its portfolio.
• Institutional ownership remains substantial at 65.27%, with major investors including State Street, Bank of America, Amundi and Deutsche Bank increasing their stakes. Analysts remain bullish, with NVIDIA receiving an average “Buy” rating and a consensus price target of $321.47.
• NVIDIA reported better-than-expected quarterly results, including $96.22 billion in revenue and $2.22 in EPS, while authorizing a $150 billion share-repurchase program. The stock opened at $204.64 after falling 4.2%, and insiders have sold roughly $399.5 million of shares over the past 90 days under pre-arranged trading plans.

Burr Financial Services LLC decreased its position in NVIDIA Corporation (NASDAQ:NVDA - Free Report) by 2.0% during the 3rd quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The firm owned 231,470 shares of the computer hardware maker's stock after selling 4,675 shares during the quarter. NVIDIA accounts for approximately 32.4% of Burr Financial Services LLC's holdings, making the stock its largest holding. Burr Financial Services LLC's holdings in NVIDIA were worth $52,863,000 at the end of the most recent reporting period.

Other institutional investors and hedge funds also recently modified their holdings of the company. State Street Corp grew its position in shares of NVIDIA by 1.6% in the 2nd quarter. State Street Corp now owns 1,009,783,437 shares of the computer hardware maker's stock valued at $202,047,568,000 after acquiring an additional 15,897,836 shares during the period. Bank of America Corp DE grew its stake in shares of NVIDIA by 2.2% in the second 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 in the last quarter. Amundi grew its stake in shares of NVIDIA by 10.4% in the first 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 in the last quarter. Deutsche Bank AG grew its position in shares of NVIDIA by 2.3% during the 2nd quarter. Deutsche Bank AG now owns 91,954,159 shares of the computer hardware maker's stock worth $18,399,108,000 after purchasing an additional 2,045,101 shares in the last quarter. Finally, Dimensional Fund Advisors LP grew 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 worth $16,479,126,000 after purchasing an additional 555,221 shares in the last quarter. 65.27% of the stock is owned by institutional investors and hedge funds.

Trending Headlines about 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

Insider Activity

In other news, EVP Timothy Teter sold 30,460 shares of the stock in a transaction dated Monday, September 21st. The shares were sold at an average price of $222.80, for a total transaction of $6,786,488.00. Following the completion of the sale, the executive vice president directly owned 2,687,660 shares in the company, valued at approximately $598,810,648. This represents a 1.12% decrease in their ownership of the stock. The transaction was disclosed in a document filed with the SEC, which is accessible through this hyperlink. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Also, CFO Colette Kress sold 34,918 shares of the business's stock in a transaction dated Thursday, September 17th. The shares were sold at an average price of $219.05, for a total value of $7,648,787.90. Following the transaction, the chief financial officer owned 765,103 shares in the company, valued at approximately $167,595,812.15. This represents a 4.36% decrease in their position. Additional details regarding this sale are available in the official SEC disclosure. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Over the last ninety days, insiders sold 1,766,118 shares of company stock valued at $399,450,353. Insiders own 3.94% of the company's stock.

Wall Street Analyst Weigh In

A number of equities research analysts have recently weighed in on the stock. KeyCorp reiterated an "overweight" rating and issued a $330.00 price target on shares of NVIDIA in a research report on Monday, August 24th. Morgan Stanley set a $230.00 price target on NVIDIA in a research report on Friday, October 2nd. China Renaissance raised their price objective on NVIDIA from $319.00 to $330.00 and gave the stock a "buy" rating in a research note on Monday, August 31st. Oppenheimer set a $315.00 price objective on NVIDIA and gave the company an "outperform" rating in a report on Thursday, August 27th. Finally, Rosenblatt Securities reiterated a "buy" rating and set a $390.00 price objective on shares of NVIDIA in a research note on Tuesday, September 29th. Five equities research 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 stock. According to data from MarketBeat.com, NVIDIA presently has an average rating of "Buy" and an average price target of $321.47.

NVIDIA Trading Down 4.2%

NASDAQ NVDA opened at $204.64 on Friday. The firm has a market cap of $4.93 trillion, a PE ratio of 25.87, a price-to-earnings-growth ratio of 1.64 and a beta of 2.22. NVIDIA Corporation has a 1-year low of $164.27 and a 1-year high of $243.37. The stock has a 50-day moving average of $221.74 and a 200-day moving average of $204.24. The company has a current ratio of 4.59, a quick ratio of 3.85 and a debt-to-equity ratio of 0.14.

NVIDIA (NASDAQ:NVDA - Get Free Report) last posted its quarterly earnings results 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. NVIDIA had a return on equity of 96.04% and a net margin of 63.66%. The business had revenue of $96.22 billion for the quarter, compared to analyst estimates of $92.27 billion. During the same period last year, the company earned $1.05 EPS. NVIDIA's revenue for the quarter was up 105.9% compared to the same quarter last year. As a group, sell-side analysts forecast that NVIDIA Corporation will post 9.30 EPS for the current year.

NVIDIA announced that its Board of Directors has approved a share repurchase program on Monday, September 28th that allows the company to repurchase $150 billion in outstanding shares. This repurchase authorization allows the computer hardware maker to repurchase up to 2.8% of its shares through open market purchases. Share repurchase programs are typically an indication that the company's leadership believes its shares are undervalued.

NVIDIA Announces Dividend

The company also recently disclosed a quarterly dividend, which was paid on Thursday, October 1st. Stockholders of record on Thursday, September 10th were paid a dividend of $0.25 per share. This represents a $1.00 annualized dividend and a dividend yield of 0.5%. The ex-dividend date of this dividend was Thursday, September 10th. NVIDIA's dividend payout ratio is 12.64%.

NVIDIA Company 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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