NVIDIA Corporation $NVDA Stock Acquired by Northwestern Mutual Wealth Management Co.

Key Points

• Northwestern Mutual increased its NVIDIA position by 2.2% in the second quarter, adding 126,986 shares to hold 5.92 million shares valued at approximately $1.19 billion. Institutional investors collectively own 65.27% of NVIDIA.
• NVIDIA reported stronger-than-expected quarterly results, with $2.22 adjusted EPS and $96.22 billion in revenue, up 105.9% year over year. The board also authorized a $150 billion share-repurchase program, covering up to 2.8% of outstanding shares.
• Analyst sentiment remains bullish: NVIDIA has a consensus “Buy” rating and a $321.89 average price target, although insiders sold 1.77 million shares worth roughly $399.5 million during the latest quarter.

Northwestern Mutual Wealth Management Co. boosted its position in NVIDIA Corporation (NASDAQ:NVDA - Free Report) by 2.2% during the second quarter, according to the company in its most recent filing with the Securities & Exchange Commission. The fund owned 5,923,023 shares of the computer hardware maker's stock after acquiring an additional 126,986 shares during the period. NVIDIA accounts for 0.6% of Northwestern Mutual Wealth Management Co.'s investment portfolio, making the stock its 24th biggest position. Northwestern Mutual Wealth Management Co.'s holdings in NVIDIA were worth $1,185,138,000 at the end of the most recent reporting period.

A number of other hedge funds have also recently modified their holdings of NVDA. Bank of America Corp DE grew its stake in shares of NVIDIA by 2.2% in the second quarter. Bank of America Corp DE now owns 195,366,864 shares of the computer hardware maker's stock worth $39,090,956,000 after purchasing an additional 4,165,875 shares during the last quarter. Invesco Ltd. increased its holdings in NVIDIA by 0.3% during the 4th quarter. Invesco Ltd. now owns 143,239,504 shares of the computer hardware maker's stock valued at $26,714,167,000 after purchasing an additional 446,178 shares during the period. Amundi increased its holdings in NVIDIA by 10.4% during the 1st 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. Deutsche Bank AG increased its holdings in NVIDIA by 2.3% during the 2nd quarter. Deutsche Bank AG now owns 91,954,159 shares of the computer hardware maker's stock valued at $18,399,108,000 after purchasing an additional 2,045,101 shares during the period. Finally, Dimensional Fund Advisors LP raised its position in NVIDIA by 0.6% during the 1st quarter. Dimensional Fund Advisors LP now owns 94,521,253 shares of the computer hardware maker's stock valued at $16,479,126,000 after purchasing an additional 555,221 shares during the last quarter. Hedge funds and other institutional investors own 65.27% of the company's stock.

Insider Transactions at NVIDIA

In other news, Director Mark Stevens sold 622,239 shares of the firm's stock in a transaction that occurred 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 completion of the transaction, the director 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 document filed with the SEC, which is available through this hyperlink. Also, EVP Timothy Teter sold 30,460 shares of NVIDIA stock in a transaction that occurred 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 sale, the executive vice president owned 2,687,660 shares in the company, valued at $598,810,648. This represents a 1.12% decrease in their ownership of the stock. 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 quarter, insiders sold 1,766,118 shares of company stock valued at $399,450,353. Corporate insiders own 3.94% of the company's stock.

NVIDIA Price Performance

NVDA stock opened at $217.23 on Friday. NVIDIA Corporation has a 1 year low of $164.27 and a 1 year high of $243.37. The company has a market cap of $5.24 trillion, a P/E ratio of 27.46, a PEG ratio of 1.71 and a beta of 2.22. The firm has a 50-day moving average of $223.40 and a 200 day moving average of $211.08. 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 (NASDAQ:NVDA - Get Free Report) last posted 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. 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 revenue was up 105.9% on a year-over-year basis. During the same period in the previous year, the firm posted $1.05 EPS. On average, sell-side analysts forecast that NVIDIA Corporation will post 9.25 EPS for the current year.

NVIDIA announced that its board has approved a stock repurchase program on Monday, September 28th that allows the company to buy back $150.00 billion in outstanding shares. This buyback authorization allows the computer hardware maker to repurchase up to 2.8% of its shares through open market purchases. Share buyback programs are usually an indication that the company's board of directors believes its stock is undervalued.

NVIDIA Dividend Announcement

The company also recently announced a quarterly dividend, which was paid on Thursday, October 1st. Stockholders of record on Thursday, September 10th were given a $0.25 dividend. The ex-dividend date of this dividend was Thursday, September 10th. This represents a $1.00 annualized dividend and a dividend yield of 0.5%. NVIDIA's dividend payout ratio is currently 12.64%.

More NVIDIA News

Here are the key news stories impacting NVIDIA this week:

• Positive Sentiment: Automotive expansion: Volvo Cars is expanding its long-running partnership with NVIDIA, adopting three NVIDIA hardware and software components for automated driving systems designed for urban streets and highways. This strengthens NVIDIA’s position in physical AI and autonomous vehicles. Volvo Cars expands automated driving partnership with Nvidia
• Positive Sentiment: Broader enterprise adoption: Adobe and NVIDIA expanded their collaboration to optimize Photoshop, Premiere, Substance 3D, Frame.io and Brand Concierge for faster AI-powered creation. LSEG also selected NVIDIA GPUs to accelerate analysis of its large Tick History dataset, supporting demand beyond hyperscale cloud providers. Adobe and NVIDIA Expand Collaboration to Speed Agentic Creation
• Positive Sentiment: Demand remains substantial: QumulusAI put all GPUs covered by a $71.9 million, three-year NVIDIA Blackwell agreement into production, while industry coverage continues to highlight supply constraints and extensive hyperscaler AI spending. These developments support NVIDIA’s revenue outlook, although they do not eliminate financing risks. QumulusAI Blackwell agreement
• Neutral Sentiment: AI safety initiatives: NVIDIA committed $250 million in computing resources over five years for U.K. agentic AI safety and security research. The move may improve NVIDIA’s regulatory and reputational position, but it is primarily a strategic investment rather than a near-term earnings catalyst. Nvidia pledges $250 million to boost UK AI safety research
• Neutral Sentiment: Political and governance attention: NVIDIA confirmed a multimillion-dollar donation to President Trump’s White House ballroom project, while CEO Jensen Huang discussed working with Chinese AI companies on safety and potentially withholding chips from irresponsible customers. These developments could generate reputational or regulatory scrutiny without directly changing near-term results. Nvidia and Cisco donations
• Negative Sentiment: Macro and financing concerns dominated: Rising Treasury yields and hotter inflation data encouraged investors to reduce exposure to high-growth AI stocks. Markets are increasingly questioning whether cloud providers and neoclouds can fund the infrastructure spending required to support NVIDIA’s growth. Rate pressure versus AI demand
• Negative Sentiment: Competition and valuation rotation: Analysts pointed to Micron’s lower valuation and improving AI-related margins as a more attractive alternative, while Broadcom, AMD and Microsoft’s custom-chip efforts reinforce concerns that NVIDIA’s market share and pricing power could face pressure. Micron versus NVIDIA

Wall Street Analyst Weigh In

NVDA has been the subject of a number of recent analyst reports. BMO Capital Markets set a $340.00 price target on NVIDIA and gave the company an "outperform" rating in a research report on Thursday, August 20th. Deutsche Bank Aktiengesellschaft reiterated a "buy" rating on shares of NVIDIA in a research report on Monday, August 31st. Benchmark reiterated a "buy" rating and issued a $335.00 price objective on shares of NVIDIA in a research report on Thursday, August 27th. Piper Sandler assumed coverage on NVIDIA in a research note on Wednesday, September 9th. They set an "overweight" rating and a $300.00 target price on the stock. Finally, TD Cowen reissued a "buy" rating on shares of NVIDIA in a research note on Tuesday, August 18th. Five investment analysts have rated the stock with a Strong Buy rating, forty-nine have assigned a Buy rating and one has given a Hold rating to the stock. According to data from MarketBeat, the company has a consensus rating of "Buy" and a consensus target price 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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