NVIDIA Corporation $NVDA Shares Sold by Reynders McVeigh Capital Management LLC

Key Points

• Reynders McVeigh Capital Management reduced its NVIDIA position by 3.5%, selling 33,091 shares and retaining 925,981 shares worth approximately $185.3 million. NVIDIA remains the firm’s largest holding, representing 7.5% of its portfolio.
• NVIDIA reported quarterly EPS of $2.22 and revenue of $96.22 billion, exceeding analyst estimates, while revenue increased 105.9% year over year. The company also authorized a $150 billion stock-repurchase program.
• Institutional investors own 65.27% of NVIDIA, and analysts maintain a broadly bullish outlook: the stock has a consensus “Buy” rating and an average price target of $321.47.

Reynders McVeigh Capital Management LLC cut its holdings in shares of NVIDIA Corporation (NASDAQ:NVDA - Free Report) by 3.5% during the second quarter, according to the company in its most recent filing with the Securities & Exchange Commission. The institutional investor owned 925,981 shares of the computer hardware maker's stock after selling 33,091 shares during the quarter. NVIDIA accounts for 7.5% of Reynders McVeigh Capital Management LLC's investment portfolio, making the stock its largest position. Reynders McVeigh Capital Management LLC's holdings in NVIDIA were worth $185,280,000 as of its most recent SEC filing.

Several other hedge funds and other institutional investors also recently added to or reduced their stakes in the business. Bank of America Corp DE boosted its holdings in 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 purchasing an additional 4,165,875 shares during the period. Amundi raised its position in 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 purchasing an additional 12,575,177 shares in the last quarter. Dimensional Fund Advisors LP raised its position in NVIDIA by 0.6% in the 1st quarter. Dimensional Fund Advisors LP now owns 94,521,253 shares of the computer hardware maker's stock valued at $16,479,126,000 after purchasing an additional 555,221 shares in the last quarter. Deutsche Bank AG boosted its stake in shares of NVIDIA by 2.3% in the 2nd quarter. Deutsche Bank AG now owns 91,954,159 shares of the computer hardware maker's stock valued at $18,399,108,000 after buying an additional 2,045,101 shares during the period. Finally, Jupiter Topco LLC acquired a new position in shares of NVIDIA during the second quarter worth about $16,156,076,000. Hedge funds and other institutional investors own 65.27% of the company's stock.

NVIDIA Price Performance

NVDA opened at $210.96 on Monday. NVIDIA Corporation has a one year low of $164.27 and a one year high of $243.37. The company has a debt-to-equity ratio of 0.14, a quick ratio of 3.85 and a current ratio of 4.59. The stock has a market capitalization of $5.08 trillion, a P/E ratio of 26.67, a price-to-earnings-growth ratio of 1.62 and a beta of 2.22. The business's 50-day simple moving average is $222.58 and its 200-day simple moving average is $212.80.

NVIDIA (NASDAQ:NVDA - Get Free Report) last released its quarterly earnings results on Wednesday, August 26th. The computer hardware maker reported $2.22 earnings per share (EPS) for the quarter, topping analysts' consensus estimates of $2.09 by $0.13. The firm had revenue of $96.22 billion for the quarter, compared to the consensus estimate of $92.27 billion. NVIDIA had a return on equity of 96.04% and a net margin of 63.66%. The firm's quarterly revenue was up 105.9% compared to the same quarter last year. During the same quarter last year, the business posted $1.05 EPS. Analysts anticipate that NVIDIA Corporation will post 9.30 EPS for the current year.

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

NVIDIA Dividend Announcement

The company also recently disclosed a quarterly dividend, which was paid on Thursday, October 1st. Stockholders of record on Thursday, September 10th were issued a $0.25 dividend. 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 presently 12.64%.

Insider Transactions at NVIDIA

In other news, 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 transaction, the chief financial officer directly owned 765,103 shares in the company, valued at approximately $167,595,812.15. This trade represents a 4.36% decrease in their ownership of the stock. The sale was disclosed in a legal filing with the SEC, which is accessible through this link. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Also, EVP Timothy Teter sold 30,460 shares of NVIDIA stock in a transaction on 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 transaction, the executive vice president directly owned 2,687,660 shares in the company, valued at $598,810,648. The trade was a 1.12% decrease in their ownership of the stock. The SEC filing for this sale provides additional information. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Over the last ninety days, insiders have sold 1,766,118 shares of company stock worth $399,450,353. Insiders own 3.94% of the company's stock.

Key Stories Impacting NVIDIA

Here are the key news stories impacting NVIDIA this week:

• Positive Sentiment: Several investment analyses remain bullish on NVIDIA’s long-term outlook. Its CUDA software ecosystem, scale, high margins and deep customer relationships are viewed as a stronger moat than competitors such as Broadcom and Lam Research. Some analysts believe the shares could still double over the next five to 10 years even if growth moderates. Prediction: Nvidia Will Outperform Broadcom Over the Next 5 Years
• Positive Sentiment: NVIDIA is broadening its opportunity beyond GPUs through CPUs, networking, AI factories, industrial AI, autonomous driving and quantum-computing interfaces. Partnerships involving Pony.ai, inDrive, Schneider Electric and HPE could support additional demand for its full-stack platform. Pony AI, NVIDIA Take Their Robotaxi Ambitions to a New Market
• Positive Sentiment: Erste Group modestly raised its fiscal 2027 and 2028 EPS forecasts, while other commentary highlights NVIDIA’s faster growth, stronger margins and relatively attractive valuation compared with some AI semiconductor peers. Brokers Suggest Investing in Nvidia
• Neutral Sentiment: Some analysts argue NVIDIA may become a relative “safe haven” within the AI trade because of its dependable earnings and dominant position, but this is an investor-rotation thesis rather than a new financial result or confirmed catalyst. Can Nvidia's Stock Become a Safe Haven?
• Negative Sentiment: Seaport Research reiterated a bearish view, citing mounting competition, strategic tension in NVIDIA’s business and substantial financial commitments tied to the AI buildout. This bearish call is the clearest company-specific pressure on the shares. Two Critical Nvidia Stock Flaws
• Negative Sentiment: The recent decline reflects broader concern that hyperscalers and neocloud operators may struggle to finance the hundreds of billions of dollars required for AI data centers. High borrowing costs, funding gaps and possible customer spending discipline are pressuring the entire AI trade, including NVIDIA. Why Nvidia Stock Is Down Over 4%?

Analyst Upgrades and Downgrades

Several analysts recently weighed in on NVDA shares. The Goldman Sachs Group reaffirmed a "buy" rating on shares of NVIDIA in a report on Wednesday. Raymond James Financial set a $515.00 price objective on shares of NVIDIA and gave the company a "strong-buy" rating in a research report on Thursday, August 27th. China Renaissance boosted their target price on shares of NVIDIA from $319.00 to $330.00 and gave the stock a "buy" rating in a research note on Monday, August 31st. DZ Bank reissued a "buy" rating on shares of NVIDIA in a report on Wednesday, August 26th. Finally, JPMorgan Chase & Co. lifted their price target on NVIDIA from $280.00 to $320.00 and gave the stock an "overweight" rating in a report on Thursday, August 27th. Five research 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 data from MarketBeat, NVIDIA presently has a consensus rating of "Buy" and an average target price of $321.47.

NVIDIA 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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