NVIDIA Corporation $NVDA Shares Sold by Summit Wealth Group LLC

Key Points

• Summit Wealth Group cut its NVIDIA stake by 31.3% in the second quarter, selling 8,458 shares and retaining 18,565 shares worth approximately $3.7 million.
• Institutional investors still hold 65.27% of NVIDIA, while insiders have sold roughly $399.5 million of stock over the past 90 days, including major sales by Director Mark Stevens and EVP Timothy Teter.
• NVIDIA continues to show strong operating momentum, with quarterly revenue up 105.9% year over year and analysts maintaining a consensus “Buy” rating. Key risks include elevated valuation, higher yields, potential margin pressure from memory costs and uncertainty over China sales.

Summit Wealth Group LLC decreased its stake in NVIDIA Corporation (NASDAQ:NVDA - Free Report) by 31.3% in the 2nd quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The firm owned 18,565 shares of the computer hardware maker's stock after selling 8,458 shares during the period. NVIDIA makes up 0.8% of Summit Wealth Group LLC's portfolio, making the stock its 17th biggest position. Summit Wealth Group LLC's holdings in NVIDIA were worth $3,715,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

A number of other large investors have also modified their holdings of NVDA. J. Stern & Co. LLP grew its position in NVIDIA by 13,709.1% in the fourth quarter. J. Stern & Co. LLP now owns 125,760,307 shares of the computer hardware maker's stock valued at $23,454,297,000 after acquiring an additional 124,849,603 shares in the last quarter. Amundi boosted its stake in shares of NVIDIA by 10.4% in the first 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 during the period. SEB Asset Management AB acquired a new stake in NVIDIA during the 1st quarter valued at $1,692,807,000. Employees Provident Fund Board acquired a new stake in NVIDIA during the 4th quarter valued at $1,243,336,000. Finally, H&H International Investment LLC increased its stake 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 buying an additional 6,606,675 shares during the period. Institutional investors and hedge funds own 65.27% of the company's stock.

Key Stories Impacting NVIDIA

Here are the key news stories impacting NVIDIA this week:

• Positive Sentiment: Demand for NVIDIA’s AI infrastructure remains strong. Management’s outlook implies roughly 70% revenue growth in fiscal 2028, while analysts and commentary continue to highlight the Vera Rubin product ramp, expanding data-center investment and potential supply constraints as catalysts. NVIDIA demand growth article
• Positive Sentiment: Super Micro Computer began shipping NVIDIA Vera Rubin NVL72 liquid-cooled server racks, providing evidence that NVIDIA’s latest systems are moving into customer deployments and supporting continued hyperscaler capital spending. Super Micro Vera Rubin shipment article
• Positive Sentiment: NVIDIA received a Zacks upgrade to Strong Buy. Other bullish analyses point to its broad AI hardware, networking and software portfolio, while IonQ’s planned quantum-computing deployment at an NVIDIA research center expands the company’s longer-term technology ecosystem. Zacks NVIDIA analysis
• Neutral Sentiment: Potential progress in Trump-Xi discussions could improve NVIDIA’s access to China, where the company’s latest revenue forecast assumes no data-center compute sales. However, export controls and the November tariff-truce deadline leave the opportunity highly uncertain. NVIDIA China sales outlook
• Negative Sentiment: Higher Treasury yields and renewed expectations for a possible October rate increase pressured high-growth technology stocks, making NVIDIA’s elevated valuation more vulnerable to multiple compression.
• Negative Sentiment: Insider-selling reports added to investor caution. EVP Timothy Teter sold approximately $6.8 million of shares under a pre-arranged Rule 10b5-1 plan, while separate coverage described a much larger sale by a senior director without a disclosed prearranged plan. The sales do not establish a fundamental problem but can weigh on sentiment. NVIDIA insider transaction
• Negative Sentiment: Management expects higher memory costs to pressure gross margins, highlighting a shift in AI bottleneck power toward memory and optical-networking suppliers. NVIDIA CEO Jensen Huang also said AI companies should not receive antitrust or liability exemptions, a stance that may increase compliance burdens across the industry. Reuters AI regulation article

Insider Buying and Selling at NVIDIA

In other news, Director Mark Stevens sold 622,239 shares of NVIDIA stock in a transaction that occurred on Friday, September 4th. The stock was sold at an average price of $231.62, for a total transaction of $144,122,997.18. Following the sale, the director owned 2,336,531 shares of the company's stock, valued at approximately $541,187,310.22. The trade was a 21.03% decrease in their ownership of the stock. The transaction was disclosed in a filing with the SEC, which is accessible through the SEC website. Also, EVP Timothy Teter sold 30,460 shares of the firm's stock in a transaction 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 $598,810,648. This trade represents a 1.12% decrease in their ownership of the stock. The disclosure for this sale is available in the SEC filing. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Over the last 90 days, insiders have sold 1,766,118 shares of company stock worth $399,450,353. 3.94% of the stock is owned by company insiders.

Analyst Upgrades and Downgrades

NVDA has been the topic of a number of analyst reports. UBS Group set a $300.00 target price on NVIDIA and gave the stock a "buy" rating in a research report on Thursday, August 27th. China Renaissance increased their price target on NVIDIA from $319.00 to $330.00 and gave the company a "buy" rating in a report on Monday, August 31st. Phillip Securities raised their price objective on NVIDIA from $285.00 to $300.00 and gave the company a "buy" rating in a research note on Monday, August 31st. TD Cowen restated a "buy" rating on shares of NVIDIA in a report on Tuesday, August 18th. Finally, Melius Research set a $420.00 target price on NVIDIA in a research report on Thursday, August 27th. Four investment analysts have rated the stock with a Strong Buy rating, fifty have issued a Buy rating and one has assigned a Hold rating to the stock. According to data from MarketBeat.com, the company presently has a consensus rating of "Buy" and a consensus price target of $324.34.

NVIDIA Price Performance

Shares of NASDAQ:NVDA opened at $225.51 on Thursday. 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 firm has a 50-day simple moving average of $215.73 and a 200 day simple moving average of $205.39. NVIDIA Corporation has a fifty-two week low of $164.27 and a fifty-two week high of $236.54. The company has a market cap of $5.43 trillion, a PE ratio of 28.51, a P/E/G ratio of 1.77 and a beta of 2.22.

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

NVIDIA Announces Dividend

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