NVIDIA Corporation $NVDA Stock Holdings Reduced by Spire Wealth Management

Spire Wealth Management lowered its position in NVIDIA Corporation (NASDAQ:NVDA - Free Report) by 5.0% during the second quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission (SEC). The firm owned 581,448 shares of the computer hardware maker's stock after selling 30,360 shares during the period. NVIDIA makes up about 3.5% of Spire Wealth Management's investment portfolio, making the stock its 3rd biggest position. Spire Wealth Management's holdings in NVIDIA were worth $116,331,000 at the end of the most recent reporting period.

Other hedge funds have also recently added to or reduced their stakes in the company. Lifetime Wealth Management P.C. purchased a new position in NVIDIA during the fourth quarter worth $26,000. Longview Financial Advisors Inc. acquired a new position in shares of NVIDIA during the 1st quarter valued at about $27,000. Longfellow Investment Management Co. LLC raised its stake in NVIDIA by 47.9% during the second quarter. Longfellow Investment Management Co. LLC now owns 207 shares of the computer hardware maker's stock worth $33,000 after purchasing an additional 67 shares during the period. Phillip James Consulting Co. purchased a new stake in NVIDIA during the first quarter valued at about $40,000. Finally, Spurstone Advisory Services LLC acquired a new position in shares of NVIDIA in the 2nd quarter valued at about $40,000. 65.27% of the stock is currently owned by hedge funds and other institutional investors.

Analyst Upgrades and Downgrades

NVDA has been the topic of several recent research reports. William Blair restated an "outperform" rating on shares of NVIDIA in a report on Tuesday, June 2nd. Evercore set a $465.00 price target on shares of NVIDIA and gave the stock an "outperform" rating in a research report on Thursday. Susquehanna reiterated a "positive" rating and issued a $275.00 price target (up from $250.00) on shares of NVIDIA in a research note on Tuesday, May 12th. Melius Research set a $420.00 target price on shares of NVIDIA in a report on Thursday. Finally, Wells Fargo & Company reissued an "overweight" rating and issued a $315.00 price target on shares of NVIDIA in a report on Tuesday, August 11th. Two research analysts have rated the stock with a Strong Buy rating, forty-eight have given a Buy rating and four have issued a Hold rating to the company's stock. According to MarketBeat, NVIDIA has a consensus rating of "Moderate Buy" and an average price target of $322.61.

NVIDIA Price Performance

Shares of NASDAQ:NVDA opened at $217.55 on Friday. NVIDIA Corporation has a 1 year low of $164.07 and a 1 year high of $236.54. The business has a fifty day simple moving average of $208.09 and a 200 day simple moving average of $200.77. The company has a current ratio of 4.59, a quick ratio of 2.85 and a debt-to-equity ratio of 0.14. The firm has a market cap of $5.24 trillion, a price-to-earnings ratio of 27.50, a P/E/G ratio of 0.44 and a beta of 2.23.

NVIDIA (NASDAQ:NVDA - Get Free Report) last issued its quarterly earnings results on Wednesday, August 26th. The computer hardware maker reported $2.22 earnings per share (EPS) for the quarter, beating the consensus estimate of $2.09 by $0.13. The firm had revenue of $96.22 billion for 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 quarterly revenue was up 105.9% compared to the same quarter last year. During the same period in the previous year, the company posted $1.05 earnings per share. As a group, sell-side analysts predict that NVIDIA Corporation will post 8.92 earnings per share for the current fiscal year.

NVIDIA Announces Dividend

The firm also recently declared a quarterly dividend, which will be paid on Thursday, October 1st. Investors of record on Thursday, September 10th will be given a $0.25 dividend. This represents a $1.00 annualized dividend and a yield of 0.5%. The ex-dividend date of this dividend is Thursday, September 10th. NVIDIA's dividend payout ratio is 15.31%.

NVIDIA declared that its Board of Directors has approved a share buyback plan on Wednesday, May 20th that permits the company to repurchase $80.00 billion in outstanding shares. This repurchase authorization permits the computer hardware maker to purchase up to 1.5% of its stock through open market purchases. Stock repurchase plans are generally a sign that the company's board believes its shares are undervalued.

NVIDIA News Roundup

Here are the key news stories impacting NVIDIA this week:

• Positive Sentiment: NVIDIA reported fiscal Q2 revenue of approximately $96.2 billion, up 106% year over year and ahead of Wall Street expectations. Data-center revenue rose 117% to $89 billion, while adjusted EPS of $2.22 also exceeded consensus. The results reinforced that hyperscaler AI spending remains robust. Nvidia rises after signaling longer AI spending runway
• Positive Sentiment: Management guided to roughly $108 billion in fiscal Q3 revenue and indicated that fiscal 2028 sales could grow about 70%, well above the roughly 45% growth analysts had modeled. The forecast has shifted the debate from whether AI demand is slowing to whether NVIDIA and its suppliers can build enough capacity. Nvidia's 70% growth forecast
• Positive Sentiment: Several analysts raised their NVIDIA price targets following the results, including Wedbush, Truist, RBC and JPMorgan. The upgrades reflect expectations for sustained Blackwell demand, the Vera Rubin product ramp and strong order visibility through fiscal 2028. Wedbush lifts Nvidia price target
• Neutral Sentiment: NVIDIA is reportedly pursuing a roughly $12.9 billion acquisition of open-source AI platform Hugging Face. The deal could expand NVIDIA’s software ecosystem and improve visibility into future AI workloads, but reports indicate terms may not be finalized and the valuation is high relative to Hugging Face’s revenue. Nvidia agrees to buy Hugging Face report
• Negative Sentiment: Investors are locking in gains after NVIDIA’s strong post-earnings rally. The stock’s elevated valuation and proximity to record levels make it vulnerable to short-term profit-taking even though fundamentals remain strong. Nvidia AMD Intel stocks slide as investors take profits
• Negative Sentiment: Gross-margin expectations are moving lower toward roughly 72%–73% as NVIDIA absorbs higher memory, packaging and infrastructure costs. Management also said supply constraints remain significant, potentially limiting how much demand can immediately translate into revenue and cash flow.
• Negative Sentiment: Broader market pressure is coming from a more hawkish Federal Reserve outlook, while NVIDIA’s decision to exclude China data-center compute revenue from its forecast underscores continuing export-control and geopolitical risks. Reports that the company paused some revenue-sharing arrangements with AI cloud providers also raise questions about financing and customer ROI. Nvidia pauses revenue-sharing deals

Insider Buying and Selling

In related news, Director Mark A. Stevens sold 885,000 shares of the firm's stock in a transaction that occurred on Thursday, June 18th. The stock was sold at an average price of $210.17, for a total transaction of $186,000,450.00. Following the completion of the transaction, the director owned 5,207,271 shares in the company, valued at $1,094,412,146.07. This trade represents a 14.53% decrease in their position. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is available through the SEC website. Also, Director Stephen C. Neal sold 15,500 shares of NVIDIA stock in a transaction on Wednesday, June 3rd. The shares were sold at an average price of $215.73, for a total value of $3,343,815.00. Following the transaction, the director directly owned 116,135 shares of the company's stock, valued at approximately $25,053,803.55. The trade was a 11.77% decrease in their ownership of the stock. The SEC filing for this sale provides additional information. Over the last three months, insiders sold 1,900,500 shares of company stock valued at $410,449,265. 3.94% of the stock is currently owned by insiders.

NVIDIA Company Profile

NVIDIA Corporation, founded in 1993 and headquartered in Santa Clara, California, is a global technology company that designs and develops graphics processing units (GPUs) and system-on-chip (SoC) technologies. Co-founded by Jensen Huang, who serves as president and chief executive officer, along with Chris Malachowsky and Curtis Priem, NVIDIA has grown from a graphics-focused chipmaker into a broad provider of accelerated computing hardware and software for multiple industries.

The company's product portfolio spans discrete GPUs for gaming and professional visualization (marketed under the GeForce and NVIDIA RTX lines), high-performance data center accelerators used for AI training and inference (including widely adopted platforms such as the A100 and H100 series), and Tegra SoCs for automotive and edge applications.

Want to see what other hedge funds are holding NVDA? Visit HoldingsChannel.com to get the latest 13F filings and insider trades for NVIDIA Corporation (NASDAQ:NVDA - Free Report).

This instant news alert was generated by narrative science technology and financial data from MarketBeat in order to provide readers with the fastest reporting and unbiased coverage. Please send any questions or comments about this story to contact@marketbeat.com.

Continue following MarketBeat

Add MarketBeat as your preferred source on Google to see our latest stories in your feed.

Add As Preferred Source