NVIDIA Corporation $NVDA Stock Holdings Cut by SPX Gestao de Recursos Ltda

Key Points

• SPX Gestao de Recursos Ltda cut its NVIDIA holdings by 57.2% in the second quarter, selling 150,461 shares and retaining 112,739 shares worth approximately $22.6 million. Institutional investors still own 65.27% of NVDA.
• NVIDIA reported quarterly results above expectations, with earnings of $2.22 per share and revenue of $96.22 billion, up 105.9% year over year. The board also authorized a $150 billion share-repurchase program.
• Analysts remain broadly bullish, with a consensus “Buy” rating and an average price target of $321.89, although rising competition, declining China market share and recent insider selling present risks.

SPX Gestao de Recursos Ltda trimmed its holdings in NVIDIA Corporation (NASDAQ:NVDA - Free Report) by 57.2% in the 2nd quarter, according to its most recent disclosure with the Securities & Exchange Commission. The institutional investor owned 112,739 shares of the computer hardware maker's stock after selling 150,461 shares during the period. NVIDIA accounts for approximately 2.2% of SPX Gestao de Recursos Ltda's holdings, making the stock its 15th largest position. SPX Gestao de Recursos Ltda's holdings in NVIDIA were worth $22,558,000 at the end of the most recent quarter.

Several other large investors also recently added to or reduced their stakes in NVDA. Lifetime Wealth Management P.C. bought a new stake in shares of NVIDIA during the 4th quarter worth about $26,000. Longview Financial Advisors Inc. acquired a new position in shares of NVIDIA during the 1st quarter valued at about $27,000. Phillip James Consulting Co. bought a new position in shares of NVIDIA in the 1st quarter valued at approximately $40,000. Frankly Finances LLC bought a new position in shares of NVIDIA in the 2nd quarter valued at approximately $60,000. Finally, Lam Group Inc. bought a new position in shares of NVIDIA in the 1st quarter valued at approximately $77,000. 65.27% of the stock is owned by institutional investors.

NVIDIA Price Performance

Shares of NASDAQ:NVDA opened at $221.30 on Thursday. The business has a 50 day moving average price of $223.43 and a 200 day moving average price of $210.73. NVIDIA Corporation has a twelve month low of $164.27 and a twelve month high of $243.37. The company has a market cap of $5.33 trillion, a price-to-earnings ratio of 27.98, a PEG ratio of 1.77 and a beta of 2.22. The company has a quick ratio of 3.85, a current ratio of 4.59 and a debt-to-equity ratio of 0.14.

NVIDIA (NASDAQ:NVDA - Get Free Report) last issued its quarterly earnings results on Wednesday, August 26th. The computer hardware maker reported $2.22 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 company had revenue of $96.22 billion for the quarter, compared to the consensus estimate of $92.27 billion. During the same period in the previous year, the business posted $1.05 EPS. The company's revenue for the quarter was up 105.9% on a year-over-year basis. Research analysts predict that NVIDIA Corporation will post 9.25 earnings per share for the current year.

NVIDIA announced that its board has authorized a stock buyback plan on Monday, September 28th that authorizes the company to repurchase $150.00 billion in outstanding shares. This repurchase authorization authorizes the computer hardware maker to buy up to 2.8% of its shares through open market purchases. Stock repurchase plans are generally a sign that the company's leadership believes its stock is 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 paid a $0.25 dividend. The ex-dividend date was Thursday, September 10th. This represents a $1.00 annualized dividend and a dividend yield of 0.5%. NVIDIA's dividend payout ratio (DPR) is presently 12.64%.

More NVIDIA News

Here are the key news stories impacting NVIDIA this week:

• Positive Sentiment: NVIDIA announced a five-year, $250 million compute commitment to support U.K. AI safety and security research. The initiative strengthens NVIDIA’s relationships with governments, universities and AI developers while promoting its hardware and software ecosystem. NVIDIA pledges $250 million to boost UK AI safety research
• Positive Sentiment: New ecosystem announcements highlighted continued demand for NVIDIA technology. LSEG is using NVIDIA GPUs to accelerate historical market-data processing, while NVIDIA introduced tools including cuPotential for molecular simulation and expanded collaborations in AI-defined chip manufacturing. LSEG teams up with NVIDIA for faster market data processing
• Positive Sentiment: State Street launched a sector ETF designed to give NVIDIA a 20.93% allocation, above the 15.41% weighting in its comparable fund, potentially creating incremental demand for NVDA shares. New State Street Sector ETFs Give Biggest Stocks Full Weight
• Neutral Sentiment: CEO Jensen Huang said NVIDIA would stop supplying chips to customers developing unsafe AI systems. The stance may improve regulatory and reputational positioning, although broader AI-safety concerns could increase scrutiny of the company and industry. Nvidia, Anthropic Weigh In On AI Safeguards
• Negative Sentiment: Investors are assessing competitive threats from Microsoft’s Maia 300 architecture and Intel’s lower-cost, air-cooled Crescent Island inference GPU. Custom accelerators and cheaper inference solutions could pressure NVIDIA’s pricing, growth assumptions and market share over time. Microsoft Just Unveiled a Brand-New AI Chip
• Negative Sentiment: IDC reportedly estimates NVIDIA’s China AI-chip market share has fallen to 34% as Huawei gains ground, underscoring export restrictions and rising local competition. Separately, investor Michael Burry is betting against chip stocks, reinforcing valuation and AI-spending concerns. NVIDIA’s China AI chip market share falls to 34%

Insider Transactions at NVIDIA

In other NVIDIA news, CFO Colette Kress sold 34,918 shares of the stock in a transaction on Thursday, September 17th. The shares were sold at an average price of $219.05, for a total value 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 represents a 4.36% decrease in their position. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is available at this link. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Also, Director Mark A. Stevens sold 622,239 shares of the stock in a transaction on Friday, September 4th. The shares were sold at an average price of $231.62, for a total transaction of $144,122,997.18. Following the completion of the sale, the director directly owned 2,336,531 shares of the company's stock, valued at approximately $541,187,310.22. This trade represents a 21.03% decrease in their ownership of the stock. Additional details regarding this sale are available in the official SEC disclosure. Over the last quarter, insiders have sold 1,766,118 shares of company stock worth $399,450,353. Insiders own 3.94% of the company's stock.

Wall Street Analyst Weigh In

NVDA has been the subject of a number of recent analyst reports. China Renaissance upped their target price on NVIDIA from $319.00 to $330.00 and gave the stock a "buy" rating in a research report on Monday, August 31st. The Goldman Sachs Group reiterated a "buy" rating on shares of NVIDIA in a report on Thursday, September 10th. 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. BNP Paribas Exane restated an "outperform" rating and issued a $345.00 price objective on shares of NVIDIA in a research note on Monday, October 5th. Finally, Oppenheimer set a $315.00 price objective on shares of NVIDIA and gave the stock an "outperform" rating in a research note on Thursday, August 27th. 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 company's stock. Based on data from MarketBeat.com, the stock currently has an average rating of "Buy" and a consensus price target of $321.89.

NVIDIA Profile

NVIDIA Corporation is a technology company that designs accelerated computing platforms, graphics processing units (GPUs), central processing units (CPUs), networking products and related software. Its technologies are used in artificial intelligence, data centers, scientific and technical computing, gaming, professional visualization, automotive systems and robotics.

The company's products include GeForce GPUs and gaming software, data center computing platforms, networking solutions, and enterprise software for AI development and deployment.

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