NVIDIA Corporation $NVDA Stock Acquired by Empirical Asset Management LLC

Key Points

• Empirical Asset Management increased its NVIDIA stake by 27% in the second quarter to 49,426 shares valued at approximately $9.89 million. Institutional investors collectively own 65.27% of NVIDIA.
• NVIDIA reported strong quarterly results, with revenue rising 105.9% year over year to $96.22 billion and earnings of $2.22 per share, while its board approved a $150 billion share-repurchase plan.
• Analyst sentiment remains broadly positive, with 54 analysts rating the stock Buy or Strong Buy and a consensus price target of $320.71, though insider selling, export-control concerns and valuation sensitivity remain risks.

Empirical Asset Management LLC lifted its stake in NVIDIA Corporation (NASDAQ:NVDA - Free Report) by 27.0% during the 2nd quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission. The firm owned 49,426 shares of the computer hardware maker's stock after buying an additional 10,511 shares during the period. NVIDIA makes up approximately 2.2% of Empirical Asset Management LLC's holdings, making the stock its 5th largest holding. Empirical Asset Management LLC's holdings in NVIDIA were worth $9,890,000 as of its most recent SEC filing.

A number of other hedge funds and other institutional investors also recently modified their holdings of NVDA. Lifetime Wealth Management P.C. bought a new stake in NVIDIA in the fourth quarter valued at approximately $26,000. Longview Financial Advisors Inc. bought a new position in shares of NVIDIA in the first quarter worth approximately $27,000. Langley Wealth Management LLC bought a new position in shares of NVIDIA in the second quarter worth approximately $34,000. Phillip James Consulting Co. purchased a new position in shares of NVIDIA in the first quarter worth $40,000. Finally, Frankly Finances LLC bought a new stake in NVIDIA during the 2nd quarter valued at $60,000. Institutional investors own 65.27% of the company's stock.

Trending Headlines about NVIDIA

Here are the key news stories impacting NVIDIA this week:

• Positive Sentiment: Morgan Stanley named NVIDIA its top semiconductor pick, maintaining an Overweight rating and setting a $300 price target. The firm believes NVIDIA’s software ecosystem, scale and positioning across AI infrastructure trends give it a durable competitive moat. Morgan Stanley names NVIDIA a top pick
• Positive Sentiment: NVIDIA’s recently announced $150 billion buyback authorization lifts total remaining repurchase capacity to approximately $235 billion. Investors view the plan as a sign of management confidence and a potential source of per-share earnings support. NVIDIA buyback analysis
• Positive Sentiment: Analysts continue to raise expectations for hyperscaler spending, with Barclays estimating NVIDIA could generate $401 billion in hyperscaler revenue in 2027. CoreWeave’s launch of the Vera Rubin platform and additional enterprise customers also supports demand for NVIDIA’s next-generation systems. Barclays hyperscaler revenue estimate
• Neutral Sentiment: The broader semiconductor and technology complex is attracting buying interest as AI investment remains a major market leadership theme. However, NVIDIA’s valuation and substantial market concentration leave the stock sensitive to interest rates, economic data and shifts in institutional positioning.
• Negative Sentiment: Investors are monitoring reports that Amazon may move roughly $8 billion of NVIDIA chips off its balance sheet through leasing or financing structures. While this could improve customer flexibility, it adds scrutiny around AI infrastructure financing and so-called circular transactions. Amazon NVIDIA chip balance-sheet report
• Negative Sentiment: Export-control concerns remain a headline risk after prosecutors alleged a California man helped smuggle approximately $300 million of NVIDIA chips to China. Separately, Michael Burry warned that GPU depreciation could undermine the economics of the AI infrastructure boom, while Alphabet’s growing use of internally designed chips represents a longer-term competitive threat. NVIDIA chip smuggling prosecution

Insider Transactions at NVIDIA

In other news, Director Mark Stevens sold 622,239 shares of the firm's stock in a transaction on Friday, September 4th. The stock was sold at an average price of $231.62, for a total value of $144,122,997.18. Following the transaction, the director directly owned 2,336,531 shares in the company, valued at $541,187,310.22. This trade represents a 21.03% decrease in their position. The transaction was disclosed in a filing with the SEC, which is available at this link. Also, CFO Colette Kress sold 34,918 shares of NVIDIA stock in a transaction on Thursday, September 17th. The stock was sold at an average price of $219.05, for a total value of $7,648,787.90. Following the completion of the sale, the chief financial officer directly owned 765,103 shares of the company's stock, valued at $167,595,812.15. The trade was a 4.36% decrease in their position. The disclosure for this sale is available in the SEC filing. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Insiders have sold a total of 1,766,118 shares of company stock worth $399,450,353 in the last ninety days. Insiders own 3.94% of the company's stock.

NVIDIA Stock Up 1.3%

NVDA stock opened at $233.95 on Friday. The stock has a market capitalization of $5.64 trillion, a P/E ratio of 29.58, a P/E/G ratio of 1.78 and a beta of 2.22. The company has a debt-to-equity ratio of 0.14, a current ratio of 4.59 and a quick ratio of 3.85. NVIDIA Corporation has a 1-year low of $164.27 and a 1-year high of $237.88. The business has a fifty day moving average price of $218.74 and a 200-day moving average price of $207.48.

NVIDIA (NASDAQ:NVDA - Get Free Report) last released 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 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 analysts' expectations of $92.27 billion. During the same period in the previous year, the company earned $1.05 earnings per share. The firm's quarterly revenue was up 105.9% on a year-over-year basis. Equities analysts forecast that NVIDIA Corporation will post 9.25 earnings per share for the current fiscal year.

NVIDIA announced that its board has approved a stock buyback plan on Monday, September 28th that allows the company to buyback $150.00 billion in shares. This buyback authorization allows the computer hardware maker to buy up to 2.8% of its shares through open market purchases. Shares buyback plans are generally a sign that the company's leadership believes its shares are undervalued.

NVIDIA Announces Dividend

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

Wall Street Analysts Forecast Growth

Several equities research analysts have weighed in on NVDA shares. The Goldman Sachs Group reissued a "buy" rating on shares of NVIDIA in a research report on Thursday, September 10th. Citigroup reaffirmed a "buy" rating and set a $315.00 price objective (up from $300.00) on shares of NVIDIA in a research note on Thursday, August 27th. HSBC increased their target price on shares of NVIDIA from $360.00 to $365.00 in a report on Thursday, August 27th. TD Cowen reissued a "buy" rating on shares of NVIDIA in a research note on Tuesday, August 18th. Finally, Deutsche Bank Aktiengesellschaft restated a "buy" rating on shares of NVIDIA in a report on Monday, August 31st. 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 stock. Based on data from MarketBeat.com, NVIDIA currently has an average rating of "Buy" and a consensus price target of $320.71.

NVIDIA 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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