NVIDIA Corporation $NVDA Shares Sold by Pursue Wealth Partners LLC

Key Points

• Pursue Wealth Partners LLC cut its NVIDIA stake by 20.5% in the second quarter, selling 14,078 shares and retaining 54,610 shares worth approximately $10.9 million. NVIDIA remains the fund’s third-largest holding, representing 6.1% of its portfolio.
• Institutional ownership remains substantial at 65.27%, with several major investors increasing their positions. NVIDIA also authorized an additional $150 billion share-repurchase program, potentially supporting earnings per share.
• Analysts maintain a broadly bullish outlook, with a consensus “Buy” rating and an average price target of $324.14. The company recently beat quarterly earnings and revenue estimates, reporting 105.9% year-over-year revenue growth, although insiders have sold significant shares and supply-chain risks remain.

Pursue Wealth Partners LLC lowered its stake in NVIDIA Corporation (NASDAQ:NVDA - Free Report) by 20.5% in the second quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission. The fund owned 54,610 shares of the computer hardware maker's stock after selling 14,078 shares during the quarter. NVIDIA makes up approximately 6.1% of Pursue Wealth Partners LLC's investment portfolio, making the stock its 3rd largest position. Pursue Wealth Partners LLC's holdings in NVIDIA were worth $10,927,000 as of its most recent SEC filing.

A number of other hedge funds also recently made changes to their positions in NVDA. J. Stern & Co. LLP grew its stake in shares of NVIDIA by 13,709.1% during the fourth quarter. J. Stern & Co. LLP now owns 125,760,307 shares of the computer hardware maker's stock worth $23,454,297,000 after buying an additional 124,849,603 shares during the last quarter. Amundi lifted its stake in shares of NVIDIA by 10.4% in the 1st 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 during the last quarter. SEB Asset Management AB bought a new position in shares of NVIDIA in the 1st quarter valued at $1,692,807,000. Employees Provident Fund Board acquired a new stake in shares of NVIDIA during the 4th quarter valued at $1,243,336,000. Finally, H&H International Investment LLC grew its position in NVIDIA by 91.3% during the 1st quarter. H&H International Investment LLC now owns 13,843,775 shares of the computer hardware maker's stock worth $2,414,354,000 after acquiring an additional 6,606,675 shares during the last quarter. 65.27% of the stock is currently owned by institutional investors and hedge funds.

More NVIDIA News

Here are the key news stories impacting NVIDIA this week:

• Positive Sentiment: NVIDIA’s decision to authorize an additional $150 billion in share repurchases, bringing total remaining authorization to approximately $235 billion through fiscal 2028, signals management’s confidence in future cash flow and could support earnings per share through a lower share count. Nvidia adds $150 billion to existing share repurchase plan
• Positive Sentiment: The company launched its Open Agent Safety Platform, including tools to control, monitor and isolate AI agents. Investors may see the initiative as a new software and inference-infrastructure opportunity rather than a constraint on AI spending. NVIDIA launches Open Agent Safety Platform
• Positive Sentiment: Demand indicators remain strong. SpaceX is reportedly purchasing more NVIDIA GPUs, Uniserve signed a five-year agreement involving NVIDIA B300 servers, and potential Chinese purchases of RTX PRO 5500 processors could expand the company’s addressable market if approved. SpaceX orders more Nvidia chips
• Neutral Sentiment: Analyst optimism persists, including Rosenblatt’s reiterated Buy rating and $390 price target. Commentary also highlights accelerating TSMC 2-nanometer capacity and continued hyperscaler capital spending as longer-term support for NVIDIA’s growth. TSMC prices out the competition
• Negative Sentiment: Near-term trading was pressured by rising bond yields and macroeconomic uncertainty, while NVIDIA’s shares consolidated below their recent high after Monday’s buyback-driven advance.
• Negative Sentiment: Investors are monitoring higher memory costs and supply-chain bottlenecks that could compress gross margins even as AI revenue grows. A Netlist complaint seeking to restrict imports of Micron memory used in NVIDIA-related AI systems adds a further legal and supply risk. Netlist seeks U.S. import ban on Micron chips
• Negative Sentiment: NVIDIA is also exploring insurance structures for chip-backed loans to smaller “neocloud” customers. The effort could broaden demand, but it highlights concerns about financing risk and the ability of emerging customers to support massive AI infrastructure investments. Nvidia turns to insurers to spread risk of AI build-out

Insiders Place Their Bets

In related news, EVP Timothy S. Teter sold 30,460 shares of the company's stock in a transaction that occurred on 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 transaction, 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 Securities & Exchange Commission, which is accessible through the SEC website. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Also, CFO Colette Kress sold 34,918 shares of NVIDIA stock in a transaction on Thursday, September 17th. The stock was sold at an average price of $219.05, for a total transaction of $7,648,787.90. Following the sale, the chief financial officer directly owned 765,103 shares of the company's stock, valued at $167,595,812.15. This represents a 4.36% decrease in their ownership of the stock. 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 1,766,118 shares of company stock worth $399,450,353 in the last ninety days. 3.94% of the stock is currently owned by insiders.

Analysts Set New Price Targets

Several equities research analysts recently commented on NVDA shares. Itau BBA Securities cut their target price on shares of NVIDIA from $256.00 to $218.00 in a research report on Wednesday, June 24th. HSBC upped their price target on shares of NVIDIA from $360.00 to $365.00 in a research report on Thursday, August 27th. Daiwa Securities Group dropped their price target on shares of NVIDIA from $255.00 to $245.00 and set an "outperform" rating for the company in a research note on Thursday, September 17th. KGI Securities lifted their price target on shares of NVIDIA from $335.00 to $345.00 in a report on Thursday, August 27th. Finally, Zacks Research upgraded NVIDIA from a "hold" rating to a "strong-buy" rating in a report on Monday, September 21st. Four equities research analysts have rated the stock with a Strong Buy rating, fifty have assigned a Buy rating and one has given a Hold rating to the stock. Based on data from MarketBeat.com, the stock presently has a consensus rating of "Buy" and an average target price of $324.14.

NVIDIA Price Performance

Shares of NASDAQ:NVDA opened at $227.21 on Wednesday. The firm has a market capitalization of $5.48 trillion, a PE ratio of 28.72, a P/E/G ratio of 1.77 and a beta of 2.22. The company has a quick ratio of 3.85, a current ratio of 4.59 and a debt-to-equity ratio of 0.14. The company has a 50-day moving average price of $217.43 and a two-hundred day moving average price of $206.62. NVIDIA Corporation has a twelve month low of $164.27 and a twelve month high of $236.54.

NVIDIA (NASDAQ:NVDA - Get Free Report) last posted its earnings results on Wednesday, August 26th. The computer hardware maker reported $2.22 earnings per share for the quarter, beating 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 business had revenue of $96.22 billion during the quarter, compared to analyst estimates of $92.27 billion. During the same quarter in the previous year, the firm earned $1.05 EPS. The company's quarterly revenue was up 105.9% compared to the same quarter last year. Equities analysts forecast that NVIDIA Corporation will post 9.25 EPS for the current year.

NVIDIA announced that its board has authorized a stock buyback plan on Monday, September 28th that permits the company to buyback $150.00 billion in outstanding shares. This buyback authorization permits the computer hardware maker to purchase up to 2.8% of its stock through open market purchases. Stock buyback plans are typically a sign that the company's leadership believes its stock is undervalued.

NVIDIA Announces Dividend

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

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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