NVIDIA Corporation $NVDA Shares Sold by Rice Hall James & Associates LLC

Key Points

• Rice Hall James & Associates cut its NVIDIA stake by 27.9% in the second quarter, selling 4,290 shares and retaining 11,111 shares valued at approximately $2.2 million. Institutional investors still own 65.27% of NVIDIA.
• NVIDIA insiders sold approximately $399.5 million worth of shares over the past three months, including major sales by Director Mark A. Stevens and EVP Timothy S. Teter.
• NVIDIA reported strong quarterly results, with revenue up 105.9% year over year and earnings exceeding estimates. The company authorized a $150 billion share repurchase, while analysts maintained a consensus “Buy” rating and a $324.14 price target; supply-chain costs and macroeconomic uncertainty remain risks.

Rice Hall James & Associates LLC cut its holdings in NVIDIA Corporation (NASDAQ:NVDA - Free Report) by 27.9% in the 2nd quarter, according to the company in its most recent filing with the Securities and Exchange Commission. The institutional investor owned 11,111 shares of the computer hardware maker's stock after selling 4,290 shares during the period. Rice Hall James & Associates LLC's holdings in NVIDIA were worth $2,223,000 as of its most recent filing with the Securities and Exchange Commission.

A number of other hedge funds and other institutional investors also recently made changes to their positions in NVDA. Trust Co. of Vermont acquired a new stake in shares of NVIDIA in the 2nd quarter valued at about $72,750,000. Principle Wealth Partners LLC raised its stake in NVIDIA by 0.7% during the 2nd quarter. Principle Wealth Partners LLC now owns 285,774 shares of the computer hardware maker's stock worth $57,180,000 after buying an additional 1,968 shares during the period. Focused Wealth Management Inc boosted its holdings in NVIDIA by 6.0% in the second quarter. Focused Wealth Management Inc now owns 92,033 shares of the computer hardware maker's stock worth $18,415,000 after acquiring an additional 5,199 shares in the last quarter. Mitsubishi UFJ Asset Management Co. Ltd. grew its stake in NVIDIA by 5.1% in the second quarter. Mitsubishi UFJ Asset Management Co. Ltd. now owns 59,298,961 shares of the computer hardware maker's stock valued at $11,865,129,000 after acquiring an additional 2,902,522 shares during the period. Finally, Plato Investment Management Ltd increased its holdings in shares of NVIDIA by 1.3% during the second quarter. Plato Investment Management Ltd now owns 605,743 shares of the computer hardware maker's stock valued at $120,496,000 after acquiring an additional 7,589 shares in the last quarter. 65.27% of the stock is owned by institutional investors and hedge funds.

Insider Activity at NVIDIA

In other news, Director Mark A. Stevens sold 622,239 shares of the business's stock in a transaction that occurred on Friday, September 4th. The shares were sold at an average price of $231.62, for a total value of $144,122,997.18. Following the sale, the director owned 2,336,531 shares of the company's stock, valued at $541,187,310.22. The trade was a 21.03% decrease in their ownership of the stock. The transaction was disclosed in a document filed with the SEC, which is available at the SEC website. Also, EVP Timothy S. Teter sold 30,460 shares of the stock in a transaction on Monday, September 21st. The stock was sold at an average price of $222.80, for a total value of $6,786,488.00. Following the sale, 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. 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. In the last three months, insiders have sold 1,766,118 shares of company stock worth $399,450,353. Company insiders own 3.94% of the company's stock.

NVIDIA News Roundup

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

NVIDIA Trading Down 0.7%

NASDAQ:NVDA opened at $227.21 on Wednesday. NVIDIA Corporation has a 12 month low of $164.27 and a 12 month high of $236.54. 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 firm's 50 day moving average is $217.43 and its 200 day moving average is $206.62. The stock has a market capitalization of $5.48 trillion, a PE ratio of 28.72, a price-to-earnings-growth ratio of 1.77 and a beta of 2.22.

NVIDIA (NASDAQ:NVDA - Get Free Report) last announced its quarterly earnings data on Wednesday, August 26th. The computer hardware maker reported $2.22 earnings per share for the quarter, beating 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 during the quarter, compared to analyst estimates of $92.27 billion. During the same period in the prior year, the company earned $1.05 earnings per share. NVIDIA's revenue was up 105.9% compared to the same quarter last year. Sell-side analysts expect that NVIDIA Corporation will post 9.25 earnings per share for the current year.

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

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 paid 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 presently 12.64%.

Wall Street Analysts Forecast Growth

A number of brokerages have commented on NVDA. Wall Street Zen lowered shares of NVIDIA from a "strong-buy" rating to a "buy" rating in a research note on Saturday. Truist Financial raised their price objective on shares of NVIDIA from $307.00 to $346.00 and gave the company a "buy" rating in a research note on Thursday, August 27th. Stifel Nicolaus set a $315.00 price objective on shares of NVIDIA in a report on Thursday, August 27th. Royal Bank Of Canada boosted their target price on shares of NVIDIA from $300.00 to $330.00 and gave the stock an "outperform" rating in a research report on Thursday, August 27th. Finally, KeyCorp restated an "overweight" rating and issued a $330.00 target price on shares of NVIDIA in a report on Monday, August 24th. Four equities 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. According to MarketBeat, the stock has a consensus rating of "Buy" and a consensus target price of $324.14.

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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