NVIDIA Corporation $NVDA Stock Bought by Spirepoint Private Client LLC

Key Points

• Spirepoint Private Client LLC increased its NVIDIA stake by 20.8% in the second quarter, adding 31,016 shares to own 180,362 shares valued at approximately $36.1 million. NVIDIA now represents 2.9% of its portfolio, while institutional investors own 65.27% of the stock.
• NVIDIA reported quarterly EPS of $2.22 and revenue of $96.22 billion, exceeding estimates, with revenue up 105.9% year over year. Analysts maintain a broadly bullish outlook, with a consensus “Buy” rating and an average price target of $324.14.
• Strong AI and data-center demand continues to support NVIDIA, but investors face risks from higher memory costs, rising Treasury yields, unresolved China export restrictions and substantial insider selling, including a $144.1 million sale by director Mark A. Stevens.

Spirepoint Private Client LLC increased its stake in NVIDIA Corporation (NASDAQ:NVDA - Free Report) by 20.8% in the second quarter, according to the company in its most recent disclosure with the SEC. The institutional investor owned 180,362 shares of the computer hardware maker's stock after buying an additional 31,016 shares during the quarter. NVIDIA comprises 2.9% of Spirepoint Private Client LLC's portfolio, making the stock its 7th largest position. Spirepoint Private Client LLC's holdings in NVIDIA were worth $36,089,000 as of its most recent filing with the SEC.

Several other hedge funds have also modified their holdings of NVDA. Mechanics Financial Corp increased its stake in NVIDIA by 3.2% during the 2nd quarter. Mechanics Financial Corp now owns 30,460 shares of the computer hardware maker's stock worth $6,095,000 after buying an additional 953 shares during the period. Ellis Investment Partners LLC lifted its holdings in NVIDIA by 8.8% in the 2nd quarter. Ellis Investment Partners LLC now owns 18,432 shares of the computer hardware maker's stock worth $3,688,000 after buying an additional 1,492 shares in the last quarter. Mosaic Family Wealth Partners LLC boosted its position in NVIDIA by 96.9% in the 2nd quarter. Mosaic Family Wealth Partners LLC now owns 65,224 shares of the computer hardware maker's stock valued at $13,050,000 after buying an additional 32,104 shares during the last quarter. Capital Analysts LLC boosted its position in NVIDIA by 42.9% in the 2nd quarter. Capital Analysts LLC now owns 121,129 shares of the computer hardware maker's stock valued at $24,236,000 after buying an additional 36,340 shares during the last quarter. Finally, Delta Accumulation LLC purchased a new stake in shares of NVIDIA during the second quarter worth about $1,110,000. 65.27% of the stock is currently owned by hedge funds and other institutional investors.

Trending Headlines about NVIDIA

Here are the key news stories impacting NVIDIA this week:

• Positive Sentiment: Elon Musk said xAI’s Colossus 2 data center could more than double its NVIDIA chip count by year-end. The facility reportedly already uses 110,000 GB200 and 440,000 GB300 GPUs, reinforcing expectations for large hyperscaler and AI-lab orders. xAI Colossus 2 chip deployment article
• Positive Sentiment: Industry commentary indicates NVIDIA GPU demand is so strong that even poorly built cloud infrastructure can attract customers at healthy margins. This supports the view that AI compute demand still exceeds available supply. NVIDIA GPU demand article
• Positive Sentiment: RMX Industries placed an order for NVIDIA H200 GPU systems through Technologent, providing another example of demand for NVIDIA’s data-center products. Super Micro’s shipment of Vera Rubin NVL72 racks also signals that next-generation systems are reaching customers. RMX H200 purchase order article
• Positive Sentiment: Analysts continue to favor NVIDIA over competing AI-chip names such as Micron and Marvell, citing broader AI exposure, stronger margins and higher returns on equity. Bullish coverage also points to a potential Vera Rubin volume ramp and substantial cloud infrastructure backlogs. Micron versus NVIDIA analysis
• Neutral Sentiment: Extended U.S.-China trade discussions may eventually improve NVIDIA’s China opportunity, but export restrictions remain unresolved. The stock is also testing important technical levels after a strong recent advance. NVIDIA technical and China outlook article
• Negative Sentiment: EVP Timothy Teter sold approximately $6.8 million of NVIDIA shares under a pre-arranged Rule 10b5-1 plan. The sale was only about 1.1% of his holdings and does not indicate a fundamental change, but it may weigh on sentiment alongside broader reports of insider profit-taking. NVIDIA insider sale article
• Negative Sentiment: Higher memory costs are expected to pressure NVIDIA’s gross margins, while rising Treasury yields could compress the valuation of high-growth technology stocks. Investors are therefore balancing exceptional AI demand against increasing supply-chain costs and macroeconomic risk.

NVIDIA Price Performance

Shares of NASDAQ:NVDA opened at $225.07 on Friday. The firm's 50 day moving average is $216.52 and its two-hundred day moving average is $205.86. NVIDIA Corporation has a 52 week low of $164.27 and a 52 week high of $236.54. The firm has a market capitalization of $5.42 trillion, a P/E ratio of 28.45, a PEG ratio of 1.73 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 issued 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. NVIDIA had a return on equity of 96.04% and a net margin of 63.66%.The business had revenue of $96.22 billion during the quarter, compared to the consensus estimate of $92.27 billion. During the same period in the previous year, the firm posted $1.05 earnings per share. The business's revenue was up 105.9% on a year-over-year basis. Analysts anticipate that NVIDIA Corporation will post 9.25 earnings per share for the current year.

NVIDIA Dividend Announcement

The firm also recently declared a quarterly dividend, which will be paid on Thursday, October 1st. Shareholders of record on Thursday, September 10th will be given a dividend of $0.25 per share. This represents a $1.00 dividend on an annualized basis and a yield of 0.4%. The ex-dividend date is Thursday, September 10th. NVIDIA's payout ratio is 12.64%.

Wall Street Analysts Forecast Growth

NVDA has been the topic of several recent analyst reports. KeyCorp reiterated an "overweight" rating and issued a $330.00 price target on shares of NVIDIA in a research note on Monday, August 24th. Raymond James Financial set a $515.00 price objective on NVIDIA and gave the stock a "strong-buy" rating in a report on Thursday, August 27th. Rosenblatt Securities reaffirmed a "buy" rating and issued a $390.00 target price on shares of NVIDIA in a research report on Friday, September 4th. Itau BBA Securities reduced their target price on NVIDIA from $256.00 to $218.00 in a research note on Wednesday, June 24th. Finally, JPMorgan Chase & Co. raised their price target on shares of NVIDIA from $280.00 to $320.00 and gave the stock an "overweight" rating in a research report on Thursday, August 27th. Four 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 company. Based on data from MarketBeat.com, the company currently has an average rating of "Buy" and a consensus target price of $324.14.

Insiders Place Their Bets

In related news, Director Mark A. Stevens sold 622,239 shares of the company's stock in a transaction dated 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 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 SEC, which is available through the SEC website. Also, CFO Colette Kress sold 34,918 shares of the stock in a transaction dated Thursday, September 17th. The shares were sold at an average price of $219.05, for a total transaction of $7,648,787.90. Following the completion of the transaction, the chief financial officer owned 765,103 shares of the company's stock, valued at $167,595,812.15. This represents 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. In the last quarter, insiders sold 1,766,118 shares of company stock worth $399,450,353. 3.94% of the stock is owned by company insiders.

NVIDIA Company Profile

NVIDIA Corporation is a technology company that designs accelerated computing platforms, graphics processors and related software. Its products are used for artificial intelligence, machine learning, high-performance computing, computer graphics, data-center applications and other workloads that benefit from parallel processing.

The company's offerings include GeForce graphics processing units (GPUs) and software for gaming and personal computers; data-center GPUs, systems and networking products; and professional visualization solutions for design, engineering, media and scientific applications.

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