NVIDIA Corporation $NVDA Stock: Jacobs Equity LLC Increases Holdings

Key Points

• Jacobs Equity LLC increased its NVIDIA position by 59.7% in the second quarter, owning 8,650 shares valued at approximately $1.73 million. Institutional investors and hedge funds collectively own 65.27% of NVDA.
• NVIDIA exceeded quarterly expectations with $2.22 in earnings per share and $96.22 billion in revenue, representing 105.9% year-over-year growth. The company also authorized a $150 billion share-buyback program.
• Wall Street remains broadly bullish, with an average “Buy” rating and a consensus price target of $321.89, although insiders sold roughly $399.5 million of stock over the past 90 days.

Jacobs Equity LLC grew its position in NVIDIA Corporation (NASDAQ:NVDA - Free Report) by 59.7% during the 2nd quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission. The fund owned 8,650 shares of the computer hardware maker's stock after purchasing an additional 3,234 shares during the quarter. NVIDIA comprises approximately 1.2% of Jacobs Equity LLC's investment portfolio, making the stock its 11th biggest holding. Jacobs Equity LLC's holdings in NVIDIA were worth $1,731,000 at the end of the most recent quarter.

A number of other large investors have also made changes to their positions in NVDA. Lifetime Wealth Management P.C. purchased a new position in NVIDIA during the 4th quarter worth $26,000. Longview Financial Advisors Inc. acquired a new position in NVIDIA during the 1st quarter valued at about $27,000. Phillip James Consulting Co. purchased a new stake in NVIDIA in the first quarter valued at about $40,000. Bard Associates Inc. raised its stake in NVIDIA by 8,866.7% in the second quarter. Bard Associates Inc. now owns 269 shares of the computer hardware maker's stock valued at $54,000 after buying an additional 266 shares during the last quarter. Finally, Frankly Finances LLC purchased a new stake in NVIDIA in the second quarter valued at about $60,000. 65.27% of the stock is owned by institutional investors and hedge funds.

NVIDIA Stock Performance

NASDAQ NVDA opened at $226.32 on Tuesday. The stock has a market capitalization of $5.45 trillion, a price-to-earnings ratio of 28.61, a PEG ratio of 1.77 and a beta of 2.22. NVIDIA Corporation has a twelve month low of $164.27 and a twelve month high of $243.37. The company has a current ratio of 4.59, a quick ratio of 3.85 and a debt-to-equity ratio of 0.14. The stock has a 50-day moving average of $223.05 and a 200 day moving average of $210.02.

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. The company had revenue of $96.22 billion during the quarter, compared to analyst estimates of $92.27 billion. NVIDIA had a net margin of 63.66% and a return on equity of 96.04%. The firm's revenue was up 105.9% compared to the same quarter last year. During the same quarter in the previous year, the firm earned $1.05 EPS. Sell-side analysts anticipate that NVIDIA Corporation will post 9.25 EPS for the current fiscal year.

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

NVIDIA Dividend Announcement

The business also recently announced a quarterly dividend, which was paid on Thursday, October 1st. Stockholders of record on Thursday, September 10th were given a $0.25 dividend. The ex-dividend date was Thursday, September 10th. This represents a $1.00 annualized dividend and a dividend yield of 0.4%. NVIDIA's dividend payout ratio (DPR) is 12.64%.

Insider Activity

In other news, Director Mark Stevens sold 622,239 shares of the business's stock in a transaction dated 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 owned 2,336,531 shares of the company's stock, valued at $541,187,310.22. The trade was a 21.03% decrease in their ownership of the stock. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is available at this link. Also, EVP Timothy Teter sold 30,460 shares of the company's stock in a transaction dated Monday, September 21st. The stock was sold at an average price of $222.80, for a total transaction of $6,786,488.00. Following the transaction, the executive vice president owned 2,687,660 shares of the company's stock, valued at approximately $598,810,648. This trade represents a 1.12% decrease in their position. The disclosure for this sale is available in the SEC filing. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Insiders have sold a total of 1,766,118 shares of company stock worth $399,450,353 over the last 90 days. 3.94% of the stock is currently owned by company insiders.

Wall Street Analyst Weigh In

Several equities research analysts have weighed in on NVDA shares. Sanford C. Bernstein reissued a "buy" rating on shares of NVIDIA in a report on Monday, September 21st. Zacks Research upgraded shares of NVIDIA from a "hold" rating to a "strong-buy" rating in a report on Monday, September 21st. JPMorgan Chase & Co. increased their price objective on shares of NVIDIA from $280.00 to $320.00 and gave the company an "overweight" rating in a research report on Thursday, August 27th. Citigroup reaffirmed a "buy" rating and issued a $315.00 price objective (up from $300.00) on shares of NVIDIA in a research report on Thursday, August 27th. Finally, Mizuho set a $315.00 target price on shares of NVIDIA and gave the stock an "outperform" rating in a research note on Thursday, August 27th. Five analysts have rated the stock with a Strong Buy rating, forty-nine have assigned a Buy rating and one has given a Hold rating to the company's stock. According to data from MarketBeat.com, the company currently has an average rating of "Buy" and a consensus target price of $321.89.

Trending Headlines about NVIDIA

Here are the key news stories impacting NVIDIA this week:

• Positive Sentiment: NVIDIA and Cisco announced USFP, a next-generation optical module designed to support 400Gb/s-per-lane signals and up to 12.8Tb/s of capacity. The technology could help AI data centers scale bandwidth while reducing power use and network complexity. NVIDIA and Cisco announce USFP
• Positive Sentiment: Navitas Semiconductor is collaborating with NVIDIA on a 24-kilowatt power-delivery board for next-generation AI infrastructure. The single-stage design is intended to improve efficiency and reduce board space, reinforcing demand for NVIDIA-based AI factories. Navitas collaborates with NVIDIA
• Positive Sentiment: Bitdeer secured an eight-year agreement for a 60MW Malaysia facility designed for NVIDIA’s Vera Rubin systems, bringing its contracted AI data-center capacity to approximately 333.5MW. This provides another indication of long-term infrastructure demand. Bitdeer expands Malaysia AI campus
• Neutral Sentiment: NVIDIA is reportedly considering a larger investment in or acquisition of open-weight AI startup Reflection AI. The move could broaden NVIDIA’s software and model ecosystem, but discussions are preliminary and could fail to produce a deal. NVIDIA and Reflection AI talks
• Neutral Sentiment: Analysts and commentators remain divided: some argue triple-digit growth makes NVDA reasonably valued and see further upside, while others point to technical signs of a potential peak, a roughly $5.5 trillion valuation, and concentration risk in AI-related equities.
• Negative Sentiment: Microsoft said it plans to rely increasingly on its internally developed Maia chips for AI inference, potentially reducing its dependence on NVIDIA GPUs and intensifying competition from hyperscaler-designed silicon. Microsoft to rely more on Maia chips
• Negative Sentiment: Reports that OpenAI’s annualized revenue may be about $50 billion—below previously cited estimates—have raised questions about AI spending, infrastructure demand and the valuation of AI suppliers. Separately, Firmus’ canceled data-center IPO suggested financing conditions for AI infrastructure could be tightening.
• Negative Sentiment: Technical analysts warned that NVDA’s retreat from its record high could signal weakening momentum. Investor caution is also reflected in a reported $21 million options position betting the stock falls below $180 by January and continued insider selling, although these signals do not necessarily predict operating performance. Nvidia falls back from record high

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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