NVIDIA Corporation $NVDA Shares Sold by Eleva Capital SAS

Key Points

• Eleva Capital SAS cut its NVIDIA stake by 86.2% during the third quarter, selling 44,823 shares and retaining 7,179 shares worth approximately $1.64 million. Institutional investors still own 65.27% of NVIDIA’s stock.
• NVIDIA continues to report strong operating momentum, with quarterly revenue up 105.9% year over year and earnings exceeding estimates. Analysts maintain a consensus “Buy” rating with an average price target of $321.47, while the company also authorized a $150 billion share-repurchase program.
• Despite robust AI demand and expanded partnerships with Meta and Oracle, NVIDIA faces risks from China export restrictions, rising manufacturing costs, competition from custom AI chips and recent insider selling.

Eleva Capital SAS cut its holdings in NVIDIA Corporation (NASDAQ:NVDA - Free Report) by 86.2% in the 3rd quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The institutional investor owned 7,179 shares of the computer hardware maker's stock after selling 44,823 shares during the period. NVIDIA comprises approximately 1.4% of Eleva Capital SAS's portfolio, making the stock its 16th biggest holding. Eleva Capital SAS's holdings in NVIDIA were worth $1,640,000 at the end of the most recent quarter.

A number of other institutional investors and hedge funds also recently modified their holdings of NVDA. Byrne Asset Management LLC lifted its holdings in NVIDIA by 5.9% during the third quarter. Byrne Asset Management LLC now owns 35,052 shares of the computer hardware maker's stock worth $8,092,000 after acquiring an additional 1,955 shares during the period. Ridgewood Investments LLC increased its position in shares of NVIDIA by 5.4% during the 3rd quarter. Ridgewood Investments LLC now owns 15,464 shares of the computer hardware maker's stock valued at $3,532,000 after purchasing an additional 788 shares during the last quarter. General Partner Inc. purchased a new stake in shares of NVIDIA during the 3rd quarter valued at $3,396,000. Horizons Wealth Management purchased a new stake in shares of NVIDIA during the 3rd quarter valued at $228,000. Finally, Baker Tilly Wealth Management LLC raised its stake in shares of NVIDIA by 0.7% during the 3rd quarter. Baker Tilly Wealth Management LLC now owns 72,424 shares of the computer hardware maker's stock worth $16,540,000 after purchasing an additional 526 shares during the period. 65.27% of the stock is owned by hedge funds and other institutional investors.

Key NVIDIA News

Here are the key news stories impacting NVIDIA this week:

• Positive Sentiment: NVIDIA plans to invest $3 billion in Meta’s equity offering while expanding collaboration on Meta’s Muse AI models. Meta also intends to deploy more NVIDIA Vera Rubin systems, Vera CPUs, Spectrum-X networking and BlueField-4 technology. The deal strengthens NVIDIA’s relationship with one of its largest customers and could support future infrastructure sales. Nvidia to invest $3 billion in Meta as tech giants deepen AI partnership
• Positive Sentiment: Oracle and NVIDIA expanded the availability of Vera Rubin NVL72 systems and Vera CPUs on Oracle Cloud Infrastructure, with additional Rubin systems planned. Broader cloud availability may accelerate customer adoption and reinforce NVIDIA’s position in AI training and inference. NVIDIA and Oracle Expand NVIDIA Vera Rubin
• Positive Sentiment: Anthropic’s IPO filing disclosed large, long-term computing commitments with Amazon, Alphabet and other providers. The spending supports the broader AI infrastructure market, where NVIDIA remains a major merchant-GPU supplier, although some demand may be served by custom chips. Anthropic's IPO Filing Reveals a Massive Opportunity for AI Infrastructure Giants
• Positive Sentiment: Partners including CoreWeave, NTT DATA and Schneider Electric continue expanding data-center and AI-factory deployments using NVIDIA systems, providing additional evidence of sustained demand across cloud, enterprise and industrial applications. NVIDIA Omniverse DSX Blueprint AI Factory Pilot
• Neutral Sentiment: Analysts and investors continue to debate NVIDIA’s valuation after its pullback from the record high. Strong revenue growth and high profitability support the long-term case, but expectations remain elevated.
• Negative Sentiment: Anthropic’s filing highlights its ability to use multiple AI-chip providers. A broader multichip strategy could weaken NVIDIA’s pricing power over time, particularly as custom accelerators from hyperscalers and Broadcom gain traction. Anthropic's worst nightmare may be lurking inside Anthropic's IPO filing
• Negative Sentiment: NVIDIA’s China AI-chip shipments reportedly fell 44% in the first half of 2026 as Huawei gains ground and supply constraints complicate deliveries. Export restrictions and geopolitical risk remain meaningful headwinds.
• Negative Sentiment: Potentially higher advanced-packaging and wafer costs at TSMC could pressure NVIDIA’s margins, while tighter credit markets may slow data-center construction and reduce GPU orders from financially weaker operators.

Insiders Place Their Bets

In related news, EVP Timothy S. Teter sold 30,460 shares of the business's 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 sale, the executive vice president directly owned 2,687,660 shares in the company, valued at approximately $598,810,648. The trade was a 1.12% decrease in their position. The transaction was disclosed in a document filed with the SEC, which can be accessed through this hyperlink. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Also, Director Mark A. Stevens sold 622,239 shares of the stock in a transaction dated Friday, September 4th. The stock was sold at an average price of $231.62, for a total value of $144,122,997.18. Following the sale, the director directly owned 2,336,531 shares in the company, valued at $541,187,310.22. This trade represents a 21.03% decrease in their position. The disclosure for this sale is available in the SEC filing. Insiders have sold a total of 1,766,118 shares of company stock worth $399,450,353 over the last 90 days. Corporate insiders own 3.94% of the company's stock.

Wall Street Analyst Weigh In

NVDA has been the topic of a number of research analyst reports. Truist Financial boosted their price target on shares of NVIDIA from $307.00 to $346.00 and gave the stock a "buy" rating in a report on Thursday, August 27th. UBS Group reaffirmed a "buy" rating on shares of NVIDIA in a report on Friday, October 9th. Wells Fargo & Company set a $210.00 price target on shares of NVIDIA in a report on Friday, October 2nd. Jefferies Financial Group reiterated a "buy" rating on shares of NVIDIA in a research note on Wednesday, August 26th. Finally, Cantor Fitzgerald reissued an "overweight" rating and set a $350.00 price objective on shares of NVIDIA in a report on Thursday, October 1st. Five analysts have rated the stock with a Strong Buy rating, forty-nine have assigned a Buy rating and one has issued a Hold rating to the company's stock. According to MarketBeat, the company presently has an average rating of "Buy" and a consensus price target of $321.47.

NVIDIA Stock Up 0.9%

NASDAQ NVDA opened at $217.94 on Wednesday. The company's 50 day moving average is $222.15 and its 200-day moving average is $203.85. NVIDIA Corporation has a 12-month low of $164.27 and a 12-month high of $243.37. The firm has a market cap of $5.25 trillion, a P/E ratio of 27.55 and a beta of 2.22.

NVIDIA (NASDAQ:NVDA - Get Free Report) last released its quarterly earnings data on Wednesday, August 26th. The computer hardware maker reported $2.22 EPS for the quarter, topping the consensus estimate of $2.09 by $0.13. The business had revenue of $96.22 billion during the quarter, compared to the consensus estimate of $92.27 billion. The firm's quarterly revenue was up 105.9% on a year-over-year basis. During the same period last year, the business posted $1.05 earnings per share. Equities analysts expect that NVIDIA Corporation will post 9.30 EPS for the current year.

NVIDIA declared that its board has authorized a share buyback plan on Monday, September 28th that authorizes the company to repurchase $150 billion in outstanding shares. This buyback authorization authorizes the computer hardware maker to purchase up to 2.8% of its stock through open market purchases. Share buyback plans are typically a sign that the company's management believes its shares are undervalued.

NVIDIA Announces Dividend

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

About NVIDIA

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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