NVIDIA Corporation $NVDA Stock: CoreCap Advisors LLC Increases Position

Key Points

• CoreCap Advisors increased its NVIDIA stake by 4.3% in the third quarter, bringing its holdings to 253,471 shares valued at approximately $57.9 million. Institutional investors collectively own 65.27% of NVIDIA.
• NVIDIA reported quarterly revenue of $96.22 billion and EPS of $2.22, exceeding analyst expectations, while revenue grew 105.9% year over year. The company also authorized a $150 billion share-repurchase program.
• Despite recent insider sales and a 4.2% stock decline, analyst sentiment remains bullish: NVIDIA has a consensus “Buy” rating and an average price target of $321.47, compared with its reported opening price of $204.64.

CoreCap Advisors LLC raised its stake in shares of NVIDIA Corporation (NASDAQ:NVDA - Free Report) by 4.3% in the 3rd quarter, according to its most recent 13F filing with the Securities & Exchange Commission. The fund owned 253,471 shares of the computer hardware maker's stock after purchasing an additional 10,367 shares during the period. NVIDIA accounts for approximately 1.7% of CoreCap Advisors LLC's holdings, making the stock its 10th biggest position. CoreCap Advisors LLC's holdings in NVIDIA were worth $57,888,000 at the end of the most recent reporting period.

Several other large investors also recently bought and sold shares of NVDA. State Street Corp grew its stake in NVIDIA by 1.6% in the 2nd quarter. State Street Corp now owns 1,009,783,437 shares of the computer hardware maker's stock worth $202,047,568,000 after acquiring an additional 15,897,836 shares in the last quarter. Bank of America Corp DE grew its holdings in shares of NVIDIA by 2.2% during 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 buying an additional 4,165,875 shares in the last quarter. Amundi grew its stake in shares of NVIDIA by 10.4% in the 1st quarter. Amundi now owns 133,768,018 shares of the computer hardware maker's stock valued at $23,329,141,000 after buying an additional 12,575,177 shares during the period. Deutsche Bank AG lifted its stake in NVIDIA by 2.3% during 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 purchasing an additional 2,045,101 shares in the last quarter. Finally, Dimensional Fund Advisors LP boosted its stake in shares of NVIDIA by 0.6% in 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 buying an additional 555,221 shares during the period. 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: NVIDIA’s strong earnings, expanding margins and outlook for roughly 70% revenue growth in fiscal 2028 continue to support the bullish case. Analysts argue that AI demand remains supply-constrained and that the company’s latest guidance exceeded expectations. NVIDIA’s AI Dominance Could Have Further to Run
• Positive Sentiment: The company is broadening its role beyond GPUs by offering complete AI-factory architectures, networking, software and edge systems. Expanded collaborations with Microsoft, Meta, Oracle and other partners could increase NVIDIA’s share of customers’ overall AI infrastructure budgets. How AI Factory Expansion Will Impact NVIDIA Investors
• Positive Sentiment: Commentary highlighting AI demand, pricing power and NVIDIA’s strategic investments in networking, software and AI companies provides potential long-term catalysts. Wall Street analyst sentiment remains broadly favorable despite the recent correction. NVIDIA Stock: Analyst Estimates and Ratings

Insider Transactions at NVIDIA

In other NVIDIA news, EVP Timothy Teter sold 30,460 shares of the stock in a transaction 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 completion of the sale, the executive vice president owned 2,687,660 shares in the company, valued at $598,810,648. This trade represents a 1.12% decrease in their ownership of the stock. The sale was disclosed in a legal filing with the SEC, which is available through this link. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Also, CFO Colette Kress sold 34,918 shares of the company's stock in a transaction on 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 in the company, valued at approximately $167,595,812.15. This represents a 4.36% 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. Insiders have sold a total of 1,766,118 shares of company stock worth $399,450,353 in the last 90 days. Corporate insiders own 3.94% of the company's stock.

NVIDIA Stock Down 4.2%

Shares of NVDA opened at $204.64 on Friday. The firm has a market capitalization of $4.93 trillion, a price-to-earnings ratio of 25.87, a PEG ratio of 1.64 and a beta of 2.22. The company has a debt-to-equity ratio of 0.14, a quick ratio of 3.85 and a current ratio of 4.59. NVIDIA Corporation has a 52 week low of $164.27 and a 52 week high of $243.37. The business's fifty day moving average price is $221.74 and its two-hundred day moving average price is $204.24.

NVIDIA (NASDAQ:NVDA - Get Free Report) last posted its earnings results 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 company had revenue of $96.22 billion during 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%. The company's revenue for the quarter was up 105.9% compared to the same quarter last year. During the same period in the previous year, the company earned $1.05 EPS. On average, analysts predict that NVIDIA Corporation will post 9.30 earnings per share for the current year.

NVIDIA announced that its board has authorized a share repurchase plan on Monday, September 28th that authorizes the company to buy back $150 billion in shares. This repurchase authorization authorizes the computer hardware maker to buy up to 2.8% of its stock through open market purchases. Stock repurchase plans are often an indication that the company's leadership believes its stock is undervalued.

NVIDIA Dividend Announcement

The firm also recently disclosed 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 0.5%. NVIDIA's dividend payout ratio (DPR) is 12.64%.

Analyst Ratings Changes

A number of analysts have weighed in on NVDA shares. Royal Bank Of Canada increased their price objective on NVIDIA from $300.00 to $330.00 and gave the stock an "outperform" rating in a research report on Thursday, August 27th. Phillip Securities raised their price target on shares of NVIDIA from $285.00 to $300.00 and gave the stock a "buy" rating in a research report on Monday, August 31st. Yorkville Ives assumed coverage on shares of NVIDIA in a research report on Tuesday, October 6th. They issued an "outperform" rating and a $300.00 price objective on the stock. Oppenheimer set a $315.00 price target on shares of NVIDIA and gave the stock an "outperform" rating in a research report on Thursday, August 27th. Finally, Zacks Research upgraded shares of NVIDIA from a "hold" rating to a "strong-buy" rating in a report on Monday, September 21st. 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 company's stock. Based on data from MarketBeat.com, the stock currently has a consensus rating of "Buy" and an average price target of $321.47.

NVIDIA Profile

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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