NVIDIA Corporation $NVDA Stock Bought by Baird Financial Group Inc.

Key Points

• Baird Financial Group increased its NVIDIA holdings by 2.9% in the second quarter, adding 141,761 shares for a total of 5.03 million shares valued at approximately $1.01 billion. Institutional investors and hedge funds collectively own 65.27% of NVIDIA.
• Analyst sentiment remains strongly bullish, with a consensus “Buy” rating and an average price target of $321.47. NVIDIA also reported quarterly revenue of $96.22 billion, up 105.9% year over year, and exceeded earnings expectations.
• Despite institutional buying, insiders sold 1.77 million shares worth about $399.5 million over the past 90 days. NVIDIA separately authorized a $150 billion share-repurchase program, allowing buybacks of up to 2.8% of outstanding shares.

Baird Financial Group Inc. grew its holdings in NVIDIA Corporation (NASDAQ:NVDA - Free Report) by 2.9% during the 2nd quarter, according to the company in its most recent 13F filing with the Securities & Exchange Commission. The fund owned 5,033,805 shares of the computer hardware maker's stock after purchasing an additional 141,761 shares during the period. NVIDIA makes up 1.4% of Baird Financial Group Inc.'s investment portfolio, making the stock its 15th largest position. Baird Financial Group Inc.'s holdings in NVIDIA were worth $1,007,214,000 as of its most recent SEC filing.

Several other large investors have also modified their holdings of the business. Retirement Wealth Solutions LLC lifted its position in NVIDIA by 1.2% in the second quarter. Retirement Wealth Solutions LLC now owns 4,121 shares of the computer hardware maker's stock valued at $825,000 after buying an additional 47 shares during the last quarter. LightSquare Wealth Management LLC increased its position in shares of NVIDIA by 0.3% during the second quarter. LightSquare Wealth Management LLC now owns 18,695 shares of the computer hardware maker's stock valued at $3,741,000 after acquiring an additional 49 shares during the last quarter. Defender Capital LLC. increased its position in shares of NVIDIA by 0.7% during the second quarter. Defender Capital LLC. now owns 7,534 shares of the computer hardware maker's stock valued at $1,507,000 after acquiring an additional 50 shares during the last quarter. Kooman & Associates increased its position in shares of NVIDIA by 0.6% during the second quarter. Kooman & Associates now owns 8,464 shares of the computer hardware maker's stock valued at $1,694,000 after acquiring an additional 50 shares during the last quarter. Finally, Roof Eidam Maycock Peralta LLC raised its stake in shares of NVIDIA by 0.3% in the 2nd quarter. Roof Eidam Maycock Peralta LLC now owns 18,827 shares of the computer hardware maker's stock valued at $3,767,000 after acquiring an additional 50 shares during the period. Institutional investors and hedge funds own 65.27% of the company's stock.

Analysts Set New Price Targets

Several brokerages have recently commented on NVDA. Sanford C. Bernstein restated a "buy" rating on shares of NVIDIA in a report on Monday, September 21st. Mizuho set a $315.00 target price on shares of NVIDIA and gave the company an "outperform" rating in a report on Thursday, August 27th. KGI Securities boosted their target price on NVIDIA from $335.00 to $345.00 in a research report on Thursday, August 27th. Stifel Nicolaus set a $315.00 price target on NVIDIA in a research note on Thursday, August 27th. Finally, DA Davidson restated a "buy" rating and set a $300.00 price target on shares of NVIDIA in a research report on Thursday, August 27th. Five investment analysts have rated the stock with a Strong Buy rating, forty-nine have given a Buy rating and one has issued a Hold rating to the company. According to data from MarketBeat.com, the company has a consensus rating of "Buy" and a consensus target price of $321.47.

Insiders Place Their Bets

In other news, Director Mark A. Stevens sold 622,239 shares of the firm's stock in a transaction dated 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. This trade represents a 21.03% decrease in their position. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which is accessible through the SEC website. Also, CFO Colette Kress sold 34,918 shares of the business'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 value 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. The trade was a 4.36% decrease in their position. The SEC filing for this sale provides additional information. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Insiders sold 1,766,118 shares of company stock valued at $399,450,353 in the last ninety days. 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: Several investment analyses remain bullish on NVIDIA’s long-term outlook. Its CUDA software ecosystem, scale, high margins and deep customer relationships are viewed as a stronger moat than competitors such as Broadcom and Lam Research. Some analysts believe the shares could still double over the next five to 10 years even if growth moderates. Prediction: Nvidia Will Outperform Broadcom Over the Next 5 Years
• Positive Sentiment: NVIDIA is broadening its opportunity beyond GPUs through CPUs, networking, AI factories, industrial AI, autonomous driving and quantum-computing interfaces. Partnerships involving Pony.ai, inDrive, Schneider Electric and HPE could support additional demand for its full-stack platform. Pony AI, NVIDIA Take Their Robotaxi Ambitions to a New Market
• Positive Sentiment: Erste Group modestly raised its fiscal 2027 and 2028 EPS forecasts, while other commentary highlights NVIDIA’s faster growth, stronger margins and relatively attractive valuation compared with some AI semiconductor peers. Brokers Suggest Investing in Nvidia
• Neutral Sentiment: Some analysts argue NVIDIA may become a relative “safe haven” within the AI trade because of its dependable earnings and dominant position, but this is an investor-rotation thesis rather than a new financial result or confirmed catalyst. Can Nvidia's Stock Become a Safe Haven?
• Negative Sentiment: Seaport Research reiterated a bearish view, citing mounting competition, strategic tension in NVIDIA’s business and substantial financial commitments tied to the AI buildout. This bearish call is the clearest company-specific pressure on the shares. Two Critical Nvidia Stock Flaws
• Negative Sentiment: The recent decline reflects broader concern that hyperscalers and neocloud operators may struggle to finance the hundreds of billions of dollars required for AI data centers. High borrowing costs, funding gaps and possible customer spending discipline are pressuring the entire AI trade, including NVIDIA. Why Nvidia Stock Is Down Over 4%?

NVIDIA Trading Down 0.6%

Shares of NASDAQ:NVDA opened at $210.96 on Friday. NVIDIA Corporation has a 52 week low of $164.27 and a 52 week high of $243.37. The company's 50 day moving average is $222.58 and its two-hundred day moving average is $212.56. The company has a market cap of $5.08 trillion, a PE ratio of 26.67, a P/E/G ratio of 1.63 and a beta of 2.22. The company has a current ratio of 4.59, a quick ratio of 3.85 and a debt-to-equity ratio of 0.14.

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 (EPS) for the quarter, topping the consensus estimate of $2.09 by $0.13. The business had revenue of $96.22 billion during the quarter, compared to analysts' expectations of $92.27 billion. NVIDIA had a net margin of 63.66% and a return on equity of 96.04%. The company's revenue for the quarter was up 105.9% on a year-over-year basis. During the same period in the previous year, the company earned $1.05 EPS. Equities analysts predict that NVIDIA Corporation will post 9.30 earnings per share for the current fiscal year.

NVIDIA Dividend Announcement

The firm also recently declared a quarterly dividend, which was paid on Thursday, October 1st. Shareholders of record on Thursday, September 10th were paid a $0.25 dividend. The ex-dividend date was Thursday, September 10th. This represents a $1.00 dividend on an annualized basis and a yield of 0.5%. NVIDIA's dividend payout ratio (DPR) is currently 12.64%.

NVIDIA declared that its board has initiated a share repurchase program on Monday, September 28th that permits the company to buy back $150.00 billion in outstanding shares. This buyback authorization permits the computer hardware maker to purchase up to 2.8% of its stock through open market purchases. Stock buyback programs are typically an indication that the company's leadership believes its shares are undervalued.

About NVIDIA

NVIDIA Corporation NASDAQ: NVDA is a technology company that designs graphics processing units (GPUs), accelerated computing platforms, networking products and related software. Its technologies support artificial intelligence, machine learning, scientific computing, data analytics, professional visualization and computer graphics.

The company's products include GeForce GPUs for gaming and personal computing, data center GPUs and systems for AI and high-performance computing, and networking solutions used to connect and manage large-scale computing infrastructure.

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