NVIDIA Corporation $NVDA Shares Sold by KBC Group NV

Key Points

• KBC Group reduced its NVIDIA position by 7.7%, selling 1.46 million shares in the second quarter, but still held 17.55 million shares worth approximately $3.51 billion. NVIDIA remains the fund’s largest holding and institutional investors own 65.27% of the stock.
• NVIDIA reported exceptional operating results, with quarterly revenue up 105.9% year over year to $96.22 billion and EPS of $2.22, ahead of analyst estimates. Analysts maintain a consensus “Buy” rating with an average price target of $324.14.
• Insiders sold significant amounts of stock, including approximately $6.8 million by EVP Timothy Teter and $7.6 million by CFO Colette Kress, though both transactions were made under pre-arranged Rule 10b5-1 plans. Higher Treasury yields and rising memory costs could pressure NVIDIA’s valuation and margins.

KBC Group NV cut its holdings in shares of NVIDIA Corporation (NASDAQ:NVDA - Free Report) by 7.7% during the 2nd quarter, according to its most recent 13F filing with the Securities & Exchange Commission. The fund owned 17,549,127 shares of the computer hardware maker's stock after selling 1,455,209 shares during the quarter. NVIDIA makes up approximately 7.6% of KBC Group NV's holdings, making the stock its largest holding. KBC Group NV owned about 0.07% of NVIDIA worth $3,511,405,000 as of its most recent SEC filing.

A number of other institutional investors also recently made changes to their positions in NVDA. LightSquare Wealth Management LLC raised its holdings in NVIDIA by 0.3% in the second quarter. LightSquare Wealth Management LLC now owns 18,695 shares of the computer hardware maker's stock valued at $3,741,000 after acquiring an additional 49 shares in the last quarter. Defender Capital LLC. boosted its stake in NVIDIA by 0.7% during the 2nd quarter. Defender Capital LLC. now owns 7,534 shares of the computer hardware maker's stock valued at $1,507,000 after acquiring an additional 50 shares during the last quarter. Kooman & Associates grew its holdings in NVIDIA by 0.6% during the 2nd quarter. Kooman & Associates now owns 8,464 shares of the computer hardware maker's stock worth $1,694,000 after acquiring an additional 50 shares in the last quarter. Roof Eidam Maycock Peralta LLC grew its holdings in NVIDIA by 0.3% during the 2nd quarter. Roof Eidam Maycock Peralta LLC now owns 18,827 shares of the computer hardware maker's stock worth $3,767,000 after acquiring an additional 50 shares in the last quarter. Finally, Persium Advisors LLC increased its position in shares of NVIDIA by 3.5% in the 2nd quarter. Persium Advisors LLC now owns 1,466 shares of the computer hardware maker's stock worth $293,000 after purchasing an additional 50 shares during the last quarter. 65.27% of the stock is owned by institutional investors and hedge funds.

Insider Buying and Selling

In other NVIDIA news, EVP Timothy S. Teter sold 30,460 shares of the company's stock in a transaction dated Monday, September 21st. The shares were sold at an average price of $222.80, for a total value of $6,786,488.00. Following the completion of the transaction, the executive vice president owned 2,687,660 shares in the company, valued at approximately $598,810,648. This represents a 1.12% decrease in their position. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is available at this link. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Also, CFO Colette Kress sold 34,918 shares of the firm's stock in a transaction that occurred on Thursday, September 17th. The shares were sold at an average price of $219.05, for a total transaction of $7,648,787.90. Following the completion of the sale, the chief financial officer owned 765,103 shares in the company, valued at $167,595,812.15. The trade was 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. Insiders have sold a total of 1,766,118 shares of company stock valued at $399,450,353 in the last quarter. Company insiders own 3.94% of the company's stock.

Analyst Ratings Changes

NVDA has been the topic of several research analyst reports. UBS Group set a $300.00 price target on shares of NVIDIA and gave the stock a "buy" rating in a research report on Thursday, August 27th. Royal Bank Of Canada boosted their price objective on NVIDIA from $300.00 to $330.00 and gave the company an "outperform" rating in a report on Thursday, August 27th. Deutsche Bank Aktiengesellschaft restated a "buy" rating on shares of NVIDIA in a research note on Monday, August 31st. Wells Fargo & Company reaffirmed an "overweight" rating and set a $315.00 target price on shares of NVIDIA in a report on Tuesday, August 11th. Finally, Zacks Research upgraded NVIDIA from a "hold" rating to a "strong-buy" rating in a research report on Monday. Four research analysts have rated the stock with a Strong Buy rating, fifty have issued a Buy rating and one has given a Hold rating to the company's stock. Based on data from MarketBeat, the stock has a consensus rating of "Buy" and a consensus target price of $324.14.

More NVIDIA News

Here are the key news stories impacting NVIDIA this week:

• Positive Sentiment: AI demand remains exceptionally strong. Commentary indicates NVIDIA’s management sees a path to roughly 70% revenue growth in fiscal 2028, well above the approximately 45% previously modeled by analysts. This suggests hyperscaler spending and demand for NVIDIA’s accelerated-computing systems may remain robust for longer than expected. NVIDIA demand growth article
• Positive Sentiment: The Vera Rubin rollout is progressing, with Super Micro Computer reportedly shipping liquid-cooled NVL72 racks for customer deployments. Successful system integration supports NVIDIA’s next-generation sales cycle and reinforces demand for related data-center infrastructure. Vera Rubin shipment article
• Positive Sentiment: Sanford C. Bernstein reaffirmed its “Buy” rating, while other research coverage continues to favor NVIDIA over competing AI-chip stocks because of its faster growth, stronger margins and broader hardware, networking and software ecosystem. NVIDIA versus Marvell analysis
• Neutral Sentiment: NVIDIA’s reported agreement to acquire Hugging Face for nearly $13 billion would expand its access to AI models, developers, datasets and distribution. The strategic benefits could be significant, but the deal’s high price relative to Hugging Face’s reported revenue creates execution and valuation risk. Hugging Face acquisition analysis
• Negative Sentiment: Higher Treasury yields are making expensive technology stocks less attractive and increasing the risk of valuation compression. This macro pressure was the clearest reason for weakness across NVIDIA and other semiconductor shares. Semiconductor stocks and Treasury yields
• Negative Sentiment: Management expects higher memory costs to pressure gross margins, indicating that pricing power is shifting toward memory and optical-networking suppliers. NVIDIA also faces scrutiny from large insider sales, including an approximately $6.8 million Rule 10b5-1 sale by EVP Timothy Teter, although the transaction was prearranged. NVIDIA insider sale

NVIDIA Trading Down 0.4%

Shares of NASDAQ NVDA opened at $224.58 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 $5.41 trillion, a price-to-earnings ratio of 28.39, a price-to-earnings-growth ratio of 1.77 and a beta of 2.22. The company has a current ratio of 4.59, a quick ratio of 3.85 and a debt-to-equity ratio of 0.14. The stock's 50 day simple moving average is $216.08 and its 200 day simple moving average is $205.72.

NVIDIA (NASDAQ:NVDA - Get Free Report) last issued its quarterly earnings data on Wednesday, August 26th. The computer hardware maker reported $2.22 EPS for the quarter, topping analysts' consensus estimates of $2.09 by $0.13. NVIDIA had a return on equity of 96.04% and a net margin of 63.66%.The firm had revenue of $96.22 billion during the quarter, compared to the consensus estimate of $92.27 billion. During the same period in the prior year, the business earned $1.05 EPS. The firm's revenue was up 105.9% on a year-over-year basis. Equities research analysts expect that NVIDIA Corporation will post 9.25 EPS for the current year.

NVIDIA Announces Dividend

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

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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