NVIDIA Corporation $NVDA Stock: Financial Futures Ltd Liability Co. Increases Position

Key Points

• Financial Futures Ltd Liability Co. increased its NVIDIA position by 165.3% in the third quarter, adding 2,489 shares to hold 3,995 shares worth about $912,000.
• NVIDIA insiders sold 1.77 million shares worth approximately $399 million over the past three months. CFO Colette Kress and director Mark Stevens still held substantial stakes after their reported sales.
• NVIDIA’s latest reported quarter beat earnings and revenue estimates, with revenue up 105.9% year over year; the company also authorized up to $150 billion in share repurchases. Analysts’ consensus rating was Buy, with an average price target of $318.85.

Financial Futures Ltd Liability Co. boosted its position in shares of NVIDIA Corporation (NASDAQ:NVDA - Free Report) by 165.3% in the third quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission. The institutional investor owned 3,995 shares of the computer hardware maker's stock after purchasing an additional 2,489 shares during the period. Financial Futures Ltd Liability Co.'s holdings in NVIDIA were worth $912,000 at the end of the most recent reporting period.

A number of other large investors have also added to or reduced their stakes in NVDA. Montgomery Financial Services LLC acquired a new position in shares of NVIDIA in the 2nd quarter valued at approximately $28,000. Langley Wealth Management LLC acquired a new position in shares of NVIDIA in the 2nd quarter valued at about $34,000. Phillip James Consulting Co. bought a new position in shares of NVIDIA during the first quarter valued at approximately $40,000. Bard Associates Inc. increased its position in NVIDIA by 8,866.7% in the second quarter. Bard Associates Inc. now owns 269 shares of the computer hardware maker's stock worth $54,000 after buying an additional 266 shares during the period. Finally, Frankly Finances LLC acquired a new stake in shares of NVIDIA in the 2nd quarter worth about $60,000. 65.27% of the stock is owned by institutional investors and hedge funds.

Insider Transactions at NVIDIA

In other news, CFO Colette Kress sold 34,918 shares of the firm's stock in a transaction on Thursday, September 17th. The stock was sold at an average price of $219.05, for a total transaction of $7,648,787.90. Following the completion of the sale, the chief financial officer directly owned 765,103 shares of the company's stock, valued at $167,595,812.15. This trade represents a 4.36% decrease in their position. The transaction 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, Director Mark Stevens sold 622,239 shares of NVIDIA 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. The trade was a 21.03% decrease in their ownership of the stock. Additional details regarding this sale are available in the official SEC disclosure. Insiders sold a total of 1,766,118 shares of company stock valued at $399,450,353 in the last three months. 3.94% of the stock is currently owned by corporate insiders.

Key Headlines Impacting NVIDIA

Here are the key news stories impacting NVIDIA this week:

• Positive Sentiment: The sector recovery helped NVIDIA rebound after four consecutive losing sessions. Some coverage also described the recent pullback as a potential buying opportunity, citing the company’s strong revenue growth and continued demand for AI chips. Nvidia stock up over 3%: what's driving Tuesday's rally?
• Positive Sentiment: NVIDIA’s proposed DSX POD modular design aims to shorten AI-factory deployment to 14 days. Faster installation could let customers put GPUs to work and generate returns sooner, potentially supporting infrastructure demand. Nvidia's New 14-Day AI Deployment Goal Could Unlock Faster Growth
• Neutral Sentiment: Reports say NVIDIA is asking cloud and data-center partners to ensure at least 51% of services sales come from customers outside China, in response to U.S. export rules. The move may help partners comply, but the reports do not quantify the effect on NVIDIA’s sales. What Is Nvidia Asking Cloud Clients To Change Under New China Rules?
• Negative Sentiment: Broader worries about the AI trade remain a headwind: reports point to a substantial recent decline in AI-stock valuations and hedge funds reducing exposure. A warning that Chinese AI-chip competitors could expand overseas adds to uncertainty ahead of NVIDIA’s November 17 earnings report. AI Stocks Lose $5 Trillion in 3 Weeks as Hedge Funds Go Underweight AI

Wall Street Analyst Weigh In

NVDA has been the topic of several recent analyst reports. Sanford C. Bernstein reaffirmed a "buy" rating on shares of NVIDIA in a research note on Monday, September 21st. JPMorgan Chase & Co. raised their target price on shares of NVIDIA from $280.00 to $320.00 and gave the company an "overweight" rating in a research note on Thursday, August 27th. Evercore set a $465.00 price target on shares of NVIDIA and gave the stock an "outperform" rating in a research report on Thursday, August 27th. Daiwa Securities Group dropped their price target on shares of NVIDIA from $255.00 to $245.00 and set an "outperform" rating on the stock in a research report on Thursday, September 17th. Finally, TD Cowen reaffirmed a "buy" rating on shares of NVIDIA in a research note on Tuesday, August 18th. Five research analysts have rated the stock with a Strong Buy rating, forty-eight have issued a Buy rating and one has issued a Hold rating to the stock. According to MarketBeat, the stock currently has an average rating of "Buy" and a consensus target price of $318.85.

NVIDIA Stock Performance

Shares of NVDA opened at $206.65 on Wednesday. The firm's 50 day moving average is $221.45 and its 200-day moving average is $204.44. The stock has a market capitalization of $4.98 trillion, a P/E ratio of 26.13, a P/E/G ratio of 1.55 and a beta of 2.21. 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 Corporation has a 12-month low of $164.27 and a 12-month high of $243.37.

NVIDIA (NASDAQ:NVDA - Get Free Report) last released its earnings results on Wednesday, August 26th. The computer hardware maker reported $2.22 EPS for the quarter, beating the consensus estimate of $2.09 by $0.13. NVIDIA had a net margin of 63.66% and a return on equity of 96.04%. The business had revenue of $96.22 billion during the quarter, compared to analyst estimates of $92.27 billion. During the same period in the prior year, the business earned $1.05 earnings per share. The business's quarterly revenue was up 105.9% on a year-over-year basis. Equities research analysts anticipate that NVIDIA Corporation will post 9.30 EPS for the current fiscal year.

NVIDIA declared that its Board of Directors has approved a stock repurchase program on Monday, September 28th that permits the company to repurchase $150 billion in shares. This repurchase authorization permits the computer hardware maker to reacquire up to 2.8% of its shares through open market purchases. Stock repurchase programs are usually an indication that the company's board believes its shares are undervalued.

NVIDIA Dividend Announcement

The business also recently disclosed a quarterly dividend, which was paid on Thursday, October 1st. Stockholders 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 was Thursday, September 10th. NVIDIA's dividend payout ratio is 12.64%.

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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