NVIDIA Corporation $NVDA Stake Raised by Wedbush Fund Advisers LLC

Key Points

• Wedbush Fund Advisers increased its NVIDIA stake by 7.7% in the second quarter, bringing its holdings to 261,432 shares worth approximately $52.3 million. Institutional investors collectively own 65.27% of NVIDIA.
• NVIDIA reported quarterly earnings of $2.22 per share, exceeding estimates, while revenue rose 105.9% year over year to $96.22 billion. The company also authorized a $150 billion share-buyback program.
• Analyst sentiment remains broadly positive, with a consensus “Buy” rating and a $321.89 price target, although insider selling and concerns about the sustainability and financing of AI infrastructure spending remain risks.

Wedbush Fund Advisers LLC raised its holdings in NVIDIA Corporation (NASDAQ:NVDA - Free Report) by 7.7% in the second quarter, according to its most recent 13F filing with the Securities and Exchange Commission. The fund owned 261,432 shares of the computer hardware maker's stock after acquiring an additional 18,717 shares during the quarter. NVIDIA accounts for about 4.6% of Wedbush Fund Advisers LLC's portfolio, making the stock its 6th biggest holding. Wedbush Fund Advisers LLC's holdings in NVIDIA were worth $52,310,000 as of its most recent SEC filing.

Several other large investors also recently made changes to their positions in the business. Bank of America Corp DE lifted its stake in NVIDIA by 2.1% during the first quarter. Bank of America Corp DE now owns 191,200,989 shares of the computer hardware maker's stock valued at $33,345,453,000 after purchasing an additional 4,019,505 shares during the last quarter. Invesco Ltd. boosted its holdings in NVIDIA by 0.3% during the fourth quarter. Invesco Ltd. now owns 143,239,504 shares of the computer hardware maker's stock worth $26,714,167,000 after buying an additional 446,178 shares in the last quarter. J. Stern & Co. LLP boosted its holdings in 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 in the last quarter. Amundi grew its position in NVIDIA by 10.4% in the first quarter. Amundi now owns 133,768,018 shares of the computer hardware maker's stock worth $23,329,141,000 after buying an additional 12,575,177 shares during the last quarter. Finally, Deutsche Bank AG grew its position in NVIDIA by 2.3% in the second quarter. Deutsche Bank AG now owns 91,954,159 shares of the computer hardware maker's stock worth $18,399,108,000 after buying an additional 2,045,101 shares during the last quarter. Institutional investors own 65.27% of the company's stock.

NVIDIA Stock Performance

Shares of NVDA stock opened at $229.28 on Friday. NVIDIA Corporation has a 1-year low of $164.27 and a 1-year high of $243.37. 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 company has a market capitalization of $5.53 trillion, a price-to-earnings ratio of 28.99, a P/E/G ratio of 1.77 and a beta of 2.22. The stock's fifty day simple moving average is $222.66 and its 200-day simple moving average is $209.43.

NVIDIA (NASDAQ:NVDA - Get Free Report) last posted its quarterly earnings results 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. The firm had revenue of $96.22 billion for the quarter, compared to analyst estimates of $92.27 billion. NVIDIA had a return on equity of 96.04% and a net margin of 63.66%. NVIDIA's quarterly revenue was up 105.9% on a year-over-year basis. During the same period in the previous year, the firm earned $1.05 earnings per share. On average, sell-side analysts predict that NVIDIA Corporation will post 9.25 earnings per share for the current fiscal year.

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

NVIDIA Announces Dividend

The firm also recently announced a quarterly dividend, which was paid on Thursday, October 1st. Stockholders of record on Thursday, September 10th were issued a $0.25 dividend. The ex-dividend date was Thursday, September 10th. This represents a $1.00 dividend on an annualized basis and a dividend yield of 0.4%. NVIDIA's dividend payout ratio is currently 12.64%.

Insider Activity

In other news, Director Mark Stevens sold 622,239 shares of the 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 completion of the sale, the director directly owned 2,336,531 shares of the company's stock, valued at $541,187,310.22. This represents a 21.03% decrease in their ownership of the stock. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which can be accessed through this link. Also, CFO Colette Kress sold 34,918 shares of the firm's stock in a transaction that occurred 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 owned 765,103 shares of the company's stock, valued at approximately $167,595,812.15. This represents a 4.36% 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. Insiders have sold 1,766,118 shares of company stock worth $399,450,353 in the last 90 days. Company insiders own 3.94% of the company's stock.

Trending Headlines about NVIDIA

Here are the key news stories impacting NVIDIA this week:

• Positive Sentiment: AI infrastructure demand remains robust. TSMC reported third-quarter revenue growth of 50%, while analysts cited continued hyperscaler spending and projected U.S. data-center capital expenditures of roughly $2 trillion next year—supportive of NVIDIA’s accelerator demand. NVIDIA AI spending outlook
• Positive Sentiment: SpaceX reportedly plans to raise as much as $40 billion to purchase NVIDIA AI chips, highlighting the scale of demand from emerging AI customers. NVIDIA also committed $1 billion over five years to U.S. scientific research in areas including quantum computing, healthcare and energy security. SpaceX NVIDIA chip purchase report
• Neutral Sentiment: Options activity is mixed: a large bullish trade suggests some investors expect further gains, but heavier put buying in the semiconductor ETF indicates increased hedging and caution across the chip sector. Technical analysts also see resistance near $235 and potential support around $215–$220. NVIDIA and semiconductor options activity
• Negative Sentiment: Investors remain concerned that AI spending may be debt-funded and approaching a peak. The withdrawal of NVIDIA-backed Firmus Grid’s proposed multibillion-dollar IPO, alongside reports that OpenAI’s annualized revenue was below earlier expectations, has raised questions about AI infrastructure valuations and customer funding. Firmus IPO withdrawal
• Negative Sentiment: Leadership and governance headlines add limited uncertainty: NVIDIA’s head of corporate communications left after roughly four months, while a legal challenge to the company’s Groq technology transaction could create additional execution and reputational risk. NVIDIA communications chief departure

Analyst Ratings Changes

NVDA has been the topic of several research reports. Zacks Research raised NVIDIA from a "hold" rating to a "strong-buy" rating in a report on Monday, September 21st. Morgan Stanley set a $230.00 price objective on NVIDIA in a research note on Friday, October 2nd. Sanford C. Bernstein reissued a "buy" rating on shares of NVIDIA in a research note on Monday, September 21st. Benchmark restated a "buy" rating and issued a $335.00 target price on shares of NVIDIA in a report on Thursday, August 27th. Finally, Citigroup reaffirmed a "buy" rating and set a $315.00 target price (up from $300.00) on shares of NVIDIA in a research report on Thursday, August 27th. Five research analysts have rated the stock with a Strong Buy rating, forty-nine have issued a Buy rating and one has given a Hold rating to the stock. According to MarketBeat.com, the stock presently has a consensus rating of "Buy" and a consensus price target of $321.89.

About NVIDIA

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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