NVIDIA Corporation $NVDA Stock: Engineers Gate Manager LP Lowers Holdings

Key Points

• Engineers Gate Manager LP reduced its NVIDIA stake by 3.9% in the second quarter, selling 5,460 shares and retaining 132,788 shares valued at approximately $26.6 million. Other institutional investors generally increased their positions, with institutions and hedge funds owning 65.27% of the stock.
• Analyst sentiment remains strongly positive: NVIDIA has an average “Buy” rating and a consensus price target of $321.47, supported by multiple “Buy” and “Outperform” recommendations.
• NVIDIA reported quarterly earnings and revenue above analyst expectations, with revenue up 105.9% year over year. The company also authorized a $150 billion share-repurchase program, while insiders sold more than $399 million of stock over the prior three months.

Engineers Gate Manager LP reduced its position in shares of NVIDIA Corporation (NASDAQ:NVDA - Free Report) by 3.9% during the 2nd quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission. The fund owned 132,788 shares of the computer hardware maker's stock after selling 5,460 shares during the period. Engineers Gate Manager LP's holdings in NVIDIA were worth $26,570,000 as of its most recent filing with the Securities and Exchange Commission.

Other institutional investors and hedge funds also recently made changes to their positions in the company. Capital Analysts LLC raised its stake in NVIDIA by 42.9% during the second quarter. Capital Analysts LLC now owns 121,129 shares of the computer hardware maker's stock worth $24,236,000 after buying an additional 36,340 shares during the last quarter. Summit Financial Strategies Inc. lifted its holdings in NVIDIA by 0.6% in the second quarter. Summit Financial Strategies Inc. now owns 12,703 shares of the computer hardware maker's stock valued at $2,542,000 after buying an additional 70 shares during the period. Insight Wealth Partners LLC lifted its holdings in NVIDIA by 2.5% in the second quarter. Insight Wealth Partners LLC now owns 28,500 shares of the computer hardware maker's stock valued at $5,703,000 after buying an additional 687 shares during the period. Pinnacle Wealth Management Advisory Group LLC boosted its position in NVIDIA by 5.0% during the second quarter. Pinnacle Wealth Management Advisory Group LLC now owns 186,833 shares of the computer hardware maker's stock valued at $37,383,000 after acquiring an additional 8,869 shares during the last quarter. Finally, Community Bank N.A. boosted its position in NVIDIA by 0.5% during the second quarter. Community Bank N.A. now owns 46,942 shares of the computer hardware maker's stock valued at $9,393,000 after acquiring an additional 235 shares during the last quarter. Institutional investors and hedge funds own 65.27% of the company's stock.

Analyst Upgrades and Downgrades

A number of analysts have weighed in on NVDA shares. Deutsche Bank Aktiengesellschaft reiterated a "buy" rating on shares of NVIDIA in a report on Monday, August 31st. Royal Bank Of Canada increased their price target on NVIDIA from $300.00 to $330.00 and gave the stock an "outperform" rating in a report on Thursday, August 27th. China Renaissance raised their price objective on shares of NVIDIA from $319.00 to $330.00 and gave the stock a "buy" rating in a research report on Monday, August 31st. TD Cowen reaffirmed a "buy" rating on shares of NVIDIA in a research report on Tuesday, August 18th. Finally, Daiwa Securities Group lowered their price objective on shares of NVIDIA from $255.00 to $245.00 and set an "outperform" rating for the company in a research note on Thursday, September 17th. Five equities 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 stock. Based on data from MarketBeat, the company currently has an average rating of "Buy" and a consensus target price of $321.47.

NVIDIA Stock Performance

Shares of NVIDIA stock opened at $210.96 on Friday. The business has a 50-day simple moving average of $222.58 and a 200 day simple moving average of $212.56. NVIDIA Corporation has a one year low of $164.27 and a one year high of $243.37. The company has a debt-to-equity ratio of 0.14, a current ratio of 4.59 and a quick ratio of 3.85. The firm has a market capitalization of $5.08 trillion, a price-to-earnings ratio of 26.67, a PEG ratio of 1.62 and a beta of 2.22.

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 analysts' consensus estimates 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 for the quarter, compared to analyst estimates of $92.27 billion. During the same period last year, the firm earned $1.05 earnings per share. The business's quarterly revenue was up 105.9% compared to the same quarter last year. On average, research analysts anticipate that NVIDIA Corporation will post 9.30 earnings per share for the current fiscal year.

NVIDIA Announces Dividend

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

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

Insider Buying and Selling

In other NVIDIA news, Director Mark Stevens sold 622,239 shares of the company'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 completion of the transaction, the director owned 2,336,531 shares in the company, valued at $541,187,310.22. This represents a 21.03% decrease in their position. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is available through the SEC website. Also, EVP Timothy Teter sold 30,460 shares of the firm's 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 sale, the executive vice president directly owned 2,687,660 shares of the company's stock, valued at approximately $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. Over the last three months, insiders have sold 1,766,118 shares of company stock worth $399,450,353. 3.94% of the stock is owned by company insiders.

NVIDIA News Roundup

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 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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