NVIDIA Corporation $NVDA Shares Sold by WD Rutherford LLC

Key Points

• WD Rutherford LLC reduced its NVIDIA position by 2.7% in the second quarter, selling 3,017 shares and retaining 107,475 shares valued at approximately $21.5 million. NVIDIA remains the firm’s largest holding, representing 7.8% of its portfolio.
• NVIDIA reported quarterly revenue of $96.22 billion and adjusted earnings of $2.22 per share, exceeding analyst expectations, with revenue up 105.9% year over year. Shares recently traded at $230.36, near their 52-week high of $236.54.
• The company authorized an $80 billion share-repurchase program and declared a quarterly dividend of $0.25 per share, while insiders sold shares through disclosed transactions. Analysts remain broadly bullish, with a consensus “Moderate Buy” rating and an average price target of $324.83.

WD Rutherford LLC cut its position in NVIDIA Corporation (NASDAQ:NVDA - Free Report) by 2.7% in the second quarter, according to the company in its most recent 13F filing with the Securities & Exchange Commission. The firm owned 107,475 shares of the computer hardware maker's stock after selling 3,017 shares during the quarter. NVIDIA makes up 7.8% of WD Rutherford LLC's investment portfolio, making the stock its biggest holding. WD Rutherford LLC's holdings in NVIDIA were worth $21,505,000 at the end of the most recent quarter.

Other institutional investors also recently added to or reduced their stakes in the company. Lifetime Wealth Management P.C. acquired a new position in shares of NVIDIA in the 4th quarter valued at $26,000. Longview Financial Advisors Inc. acquired a new stake in NVIDIA during the 1st quarter worth $27,000. Longfellow Investment Management Co. LLC grew its position in NVIDIA by 47.9% during the 2nd quarter. Longfellow Investment Management Co. LLC now owns 207 shares of the computer hardware maker's stock worth $33,000 after purchasing an additional 67 shares during the last quarter. Phillip James Consulting Co. purchased a new position in NVIDIA during the 1st quarter worth $40,000. Finally, Spurstone Advisory Services LLC acquired a new position in NVIDIA in the second quarter valued at $40,000. Institutional investors and hedge funds own 65.27% of the company's stock.

NVIDIA Trading Up 0.8%

Shares of NVIDIA stock opened at $230.36 on Friday. The firm has a market cap of $5.55 trillion, a price-to-earnings ratio of 29.12, a price-to-earnings-growth ratio of 1.81 and a beta of 2.22. NVIDIA Corporation has a 52-week low of $164.07 and a 52-week high of $236.54. The company's 50-day simple moving average is $210.61 and its 200-day simple moving average is $202.05. The company has a quick ratio of 3.85, a current ratio of 4.59 and a debt-to-equity ratio of 0.14.

NVIDIA (NASDAQ:NVDA - Get Free Report) last announced its quarterly earnings data on Wednesday, August 26th. The computer hardware maker reported $2.22 EPS for the quarter, beating analysts' consensus estimates of $2.09 by $0.13. NVIDIA had a net margin of 63.66% and a return on equity of 96.04%. The firm had revenue of $96.22 billion during the quarter, compared to the consensus estimate of $92.27 billion. During the same quarter last year, the firm earned $1.05 earnings per share. The firm's revenue was up 105.9% compared to the same quarter last year. As a group, equities research analysts anticipate that NVIDIA Corporation will post 9.1 earnings per share for the current year.

NVIDIA announced that its Board of Directors has approved a stock buyback plan on Wednesday, May 20th that authorizes the company to repurchase $80.00 billion in shares. This repurchase authorization authorizes the computer hardware maker to reacquire up to 1.5% of its stock through open market purchases. Stock repurchase plans are usually a sign that the company's leadership believes its shares are undervalued.

NVIDIA Dividend Announcement

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

Insider Activity at NVIDIA

In other NVIDIA news, Director Mark A. Stevens sold 63,501 shares of the stock in a transaction on Tuesday, September 1st. The stock was sold at an average price of $220.06, for a total value of $13,974,030.06. Following the completion of the transaction, the director owned 4,558,770 shares in the company, valued at approximately $1,003,202,926.20. This represents a 1.37% decrease in their ownership of the stock. The transaction was disclosed in a legal filing with the SEC, which can be accessed through this link. Also, EVP Timothy S. Teter sold 30,000 shares of the firm's stock in a transaction on Monday, August 31st. The shares were sold at an average price of $217.88, for a total value of $6,536,400.00. Following the completion of the sale, the executive vice president directly owned 2,687,660 shares of the company's stock, valued at approximately $585,587,360.80. This trade represents a 1.10% 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 sold a total of 1,563,501 shares of company stock valued at $335,380,530 over the last three months. Insiders own 3.94% of the company's stock.

Key Headlines Impacting NVIDIA

Here are the key news stories impacting NVIDIA this week:

• Positive Sentiment: Hugging Face expands NVIDIA’s AI ecosystem: The acquisition gives NVIDIA access to Hugging Face’s open-source platform, which hosts millions of models, applications and datasets used by more than 18 million developers. Investors view the deal as a way to deepen CUDA adoption, strengthen NVIDIA’s software moat and position the company as an AI platform provider rather than solely a chip supplier. Management says Hugging Face will remain open to the broader AI ecosystem. Why NVIDIA’s defensive move to acquire Hugging Face is about much more than chips
• Positive Sentiment: New consumer AI revenue channel: Lenovo and Acer are expected to launch Windows PCs powered by NVIDIA’s RTX Spark chip in October. Local AI processing could expand NVIDIA’s addressable market while reducing reliance on cloud data centers. HP also announced new OmniBook PCs using RTX Spark technology. NVIDIA sets October launch for RTX Spark AI PCs
• Positive Sentiment: Analyst support and demand remain strong: Needham and Rosenblatt reaffirmed Buy ratings with price targets of $300 and $390, respectively. Recent earnings showed revenue growth above 100%, a 63.7% net margin and results ahead of consensus, while management’s long-term outlook continues to imply robust AI infrastructure spending. NVIDIA’s equity investments in companies such as OpenAI, CoreWeave and Nebius have also grown substantially, reinforcing its influence across the AI supply chain. NVIDIA has built a $99 billion equity portfolio
• Neutral Sentiment: Competitive and valuation considerations: NVIDIA remains dominant, but AMD, Broadcom and Intel are pursuing AI and server opportunities. Rising memory and optical-networking costs could pressure gross margins even if they confirm that demand exceeds supply.
• Negative Sentiment: Insider selling adds a cautionary signal: Director Mark Stevens sold roughly 648,500 shares in two transactions, while EVP Timothy Teter sold 30,000 shares. The sales were disclosed under planned transactions and represent small portions of their remaining holdings, limiting their significance but potentially weighing on sentiment.

Analysts Set New Price Targets

A number of brokerages have recently commented on NVDA. Bank of America reaffirmed a "buy" rating and issued a $350.00 target price (up from $320.00) on shares of NVIDIA in a report on Thursday, May 21st. Zacks Research cut NVIDIA from a "strong-buy" rating to a "hold" rating in a research report on Friday, August 21st. Morgan Stanley set a $300.00 price objective on NVIDIA and gave the company an "overweight" rating in a research note on Thursday, August 27th. Craig Hallum increased their price objective on NVIDIA from $245.00 to $275.00 and gave the stock a "buy" rating in a research report on Thursday, May 21st. Finally, Royal Bank Of Canada lifted their target price on NVIDIA from $300.00 to $330.00 and gave the company an "outperform" rating in a research note on Thursday, August 27th. Two analysts have rated the stock with a Strong Buy rating, fifty have issued a Buy rating and three have given a Hold rating to the company. According to data from MarketBeat, the company has a consensus rating of "Moderate Buy" and an average price target of $324.83.

About NVIDIA

NVIDIA Corporation, founded in 1993 and headquartered in Santa Clara, California, is a global technology company that designs and develops graphics processing units (GPUs) and system-on-chip (SoC) technologies. Co-founded by Jensen Huang, who serves as president and chief executive officer, along with Chris Malachowsky and Curtis Priem, NVIDIA has grown from a graphics-focused chipmaker into a broad provider of accelerated computing hardware and software for multiple industries.

The company's product portfolio spans discrete GPUs for gaming and professional visualization (marketed under the GeForce and NVIDIA RTX lines), high-performance data center accelerators used for AI training and inference (including widely adopted platforms such as the A100 and H100 series), and Tegra SoCs for automotive and edge applications.

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This instant news alert was generated by narrative science technology and financial data from MarketBeat in order to provide readers with the fastest reporting and unbiased coverage. Please send any questions or comments about this story to contact@marketbeat.com.

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