NVIDIA Corporation $NVDA Stock: Focus Financial Network Inc. Reduces Stake

Key Points

• Focus Financial Network trimmed its NVIDIA stake by 0.4%, selling 5,785 shares, but still held 1,592,916 shares worth about $364.2 million. NVIDIA remained its largest holding, at roughly 11% of its portfolio.
• NVIDIA’s latest reported quarter beat analyst estimates, with EPS of $2.22 versus $2.09 expected and revenue of $96.22 billion, up 105.9% year over year. The company also authorized a $150 billion share-repurchase program.
• The article reports NVIDIA shares down 9.3%; despite the decline, analysts’ consensus rating was “Buy,” with an average price target of $318.85.

Focus Financial Network Inc. decreased its position in shares of NVIDIA Corporation (NASDAQ:NVDA - Free Report) by 0.4% in the third quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The institutional investor owned 1,592,916 shares of the computer hardware maker's stock after selling 5,785 shares during the period. NVIDIA makes up approximately 11.0% of Focus Financial Network Inc.'s investment portfolio, making the stock its biggest position. Focus Financial Network Inc.'s holdings in NVIDIA were worth $364,189,000 at the end of the most recent reporting period.

A number of other institutional investors have also recently made changes to their positions in the business. Montgomery Financial Services LLC bought a new position in shares of NVIDIA during the 2nd quarter valued at approximately $28,000. Phillip James Consulting Co. bought a new position in shares of NVIDIA during the 1st quarter worth $40,000. Bard Associates Inc. raised its holdings in shares of NVIDIA by 8,866.7% in the 2nd quarter. Bard Associates Inc. now owns 269 shares of the computer hardware maker's stock valued at $54,000 after purchasing an additional 266 shares in the last quarter. Frankly Finances LLC bought a new position in shares of NVIDIA in the 2nd quarter worth $60,000. Finally, ABS Investment Management LLC bought a new position in shares of NVIDIA during the 2nd quarter worth approximately $80,000. Institutional investors own 65.27% of the company's stock.

More NVIDIA News

Here are the key news stories impacting NVIDIA this week:

• Positive Sentiment: Box expanded its partnership with NVIDIA, integrating NVIDIA’s Nemotron technology into new AI search and workflow tools—an example of continued enterprise demand for the company’s AI platform. Box expands Nvidia partnership
• Positive Sentiment: Ark Invest reportedly bought NVIDIA shares while selling AMD, and some commentators argue NVIDIA’s valuation looks more attractive after the recent retreat. These are supportive sentiment signals, not evidence that the broader concerns have eased. Cathie Wood buys Nvidia
• Neutral Sentiment: NVIDIA’s next major catalyst is its scheduled November 17 quarterly report. With investors focused on whether growth can exceed already-high expectations, the results and guidance may help determine the stock’s near-term direction. Nvidia investors need to watch Nov. 17
• Negative Sentiment: Election-related uncertainty is raising fears that data-center construction could slow or become more expensive. UBS estimates that delays could affect a substantial share of U.S. capacity planned for 2028 if construction pauses spread, threatening a key source of future chip demand. AI selloff and data-center concerns
• Negative Sentiment: Investors are also reassessing AI valuations and the scale and financing of infrastructure spending. The weakness has spread across chipmakers, and NVIDIA’s move below a widely watched technical support level may add to selling pressure. AI spending fears and financing risks
• Negative Sentiment: China-related headlines add geopolitical and compliance uncertainty: Chinese AI firm Moonshot has explored accessing Blackwell chips through European data centers, while House Republican leaders requested a closed-door briefing with CEO Jensen Huang following a report about an executive’s alleged links to Chinese intelligence. Moonshot seeks Nvidia chip access in Europe

Analyst Ratings Changes

A number of brokerages have commented on NVDA. Cantor Fitzgerald reaffirmed an "overweight" rating and set a $350.00 price target on shares of NVIDIA in a research report on Thursday, October 1st. KGI Securities upped their price objective on shares of NVIDIA from $335.00 to $345.00 in a research report on Thursday, August 27th. Rosenblatt Securities reissued a "buy" rating and set a $390.00 target price on shares of NVIDIA in a report on Tuesday, September 29th. Weiss Ratings lowered shares of NVIDIA from a "buy (b+)" rating to a "buy (b)" rating in a report on Monday. Finally, Jefferies Financial Group restated a "buy" rating on shares of NVIDIA in a report on Wednesday, August 26th. Five analysts have rated the stock with a Strong Buy rating, forty-eight have given a Buy rating and one has given a Hold rating to the stock. According to data from MarketBeat.com, the stock presently has a consensus rating of "Buy" and an average price target of $318.85.

NVIDIA Stock Down 9.3%

Shares of NASDAQ:NVDA opened at $181.60 on Friday. NVIDIA Corporation has a 52-week low of $164.27 and a 52-week high of $243.37. The stock's fifty day simple moving average is $220.63 and its 200-day simple moving average is $204.48. The company has a quick ratio of 3.85, a current ratio of 4.59 and a debt-to-equity ratio of 0.14. The company has a market capitalization of $4.38 trillion, a P/E ratio of 22.96, a P/E/G ratio of 1.54 and a beta of 2.21.

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 company had revenue of $96.22 billion during the quarter, compared to the consensus estimate of $92.27 billion. NVIDIA had a net margin of 63.66% and a return on equity of 96.04%. NVIDIA's revenue for the quarter was up 105.9% on a year-over-year basis. During the same period in the previous year, the firm earned $1.05 earnings per share. As a group, equities research analysts forecast that NVIDIA Corporation will post 9.30 earnings per share for the current fiscal year.

NVIDIA Dividend Announcement

The business also recently declared a quarterly dividend, which was paid on Thursday, October 1st. Investors of record on Thursday, September 10th were issued a $0.25 dividend. The ex-dividend date of this dividend was Thursday, September 10th. This represents a $1.00 annualized dividend and a dividend yield of 0.6%. NVIDIA's dividend payout ratio (DPR) is 12.64%.

NVIDIA declared that its board has approved a stock buyback plan on Monday, September 28th that authorizes the company to repurchase $150 billion in shares. This buyback authorization authorizes the computer hardware maker to buy up to 2.8% of its stock through open market purchases. Stock buyback plans are usually a sign that the company's board believes its shares are undervalued.

Insider Activity at NVIDIA

In related news, EVP Timothy S. Teter sold 30,460 shares of the firm's stock in a transaction that occurred on Monday, September 21st. The shares were sold at an average price of $222.80, for a total transaction of $6,786,488.00. Following the completion of the sale, the executive vice president directly owned 2,687,660 shares in the company, valued at approximately $598,810,648. This trade represents a 1.12% decrease in their ownership of the stock. The sale was disclosed in a filing with the SEC, which is available at the SEC website. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Also, 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 value of $144,122,997.18. Following the sale, the director directly owned 2,336,531 shares of the company's stock, valued at $541,187,310.22. This trade represents a 21.03% decrease in their ownership of the stock. The disclosure for this sale is available in the SEC filing. Insiders have sold a total of 1,766,118 shares of company stock worth $399,450,353 in the last ninety days. 3.94% of the stock is owned by insiders.

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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