NVIDIA Corporation $NVDA Stock Position Increased by Envestnet Asset Management Inc.

Key Points

• Envestnet Asset Management increased its NVIDIA position by 3.7%, adding 856,390 shares to hold 23.9 million shares valued at approximately $4.78 billion. Institutional investors collectively own 65.27% of NVIDIA.
• NVIDIA reported quarterly results above expectations, with EPS of $2.22 versus the $2.09 consensus and revenue of $96.22 billion. Revenue increased 105.9% year over year, supported by a 63.66% net margin.
• The company authorized a $150 billion share-repurchase program, while analysts maintained a broadly bullish view with a consensus “Buy” rating and a $321.47 price target. However, insiders sold approximately $399.5 million of shares over the past three months.

Envestnet Asset Management Inc. grew its holdings in NVIDIA Corporation (NASDAQ:NVDA - Free Report) by 3.7% during the 2nd quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The fund owned 23,901,229 shares of the computer hardware maker's stock after acquiring an additional 856,390 shares during the period. NVIDIA comprises 0.7% of Envestnet Asset Management Inc.'s holdings, making the stock its 19th biggest position. Envestnet Asset Management Inc. owned about 0.10% of NVIDIA worth $4,782,365,000 as of its most recent SEC filing.

Other hedge funds and other institutional investors have also recently made changes to their positions in the company. Longview Financial Advisors Inc. purchased a new stake in NVIDIA in the first quarter valued at $27,000. Montgomery Financial Services LLC acquired a new stake in NVIDIA during the 2nd quarter worth about $28,000. Langley Wealth Management LLC acquired a new stake in NVIDIA during the 2nd quarter worth about $34,000. Phillip James Consulting Co. acquired a new stake in NVIDIA during the 1st quarter worth about $40,000. Finally, Bard Associates Inc. raised its stake in shares of NVIDIA by 8,866.7% during the 2nd 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. Institutional investors and hedge funds own 65.27% of the company's stock.

NVIDIA Price Performance

Shares of NVIDIA stock opened at $210.96 on Monday. 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 Corporation has a twelve month low of $164.27 and a twelve month high of $243.37. The business has a 50-day moving average price of $222.58 and a 200 day moving average price of $212.80. The firm has a market cap of $5.08 trillion, a PE ratio of 26.67, a P/E/G ratio of 1.62 and a beta of 2.22.

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

NVIDIA Dividend Announcement

The firm also recently disclosed 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 dividend on an annualized basis and a dividend yield of 0.5%. NVIDIA's payout ratio is 12.64%.

NVIDIA declared that its board has authorized a share buyback program on Monday, September 28th that authorizes the company to repurchase $150.00 billion in shares. This buyback authorization authorizes the computer hardware maker to repurchase up to 2.8% of its shares through open market purchases. Stock buyback programs are generally an indication that the company's leadership believes its stock is undervalued.

Analyst Upgrades and Downgrades

Several brokerages have recently issued reports on NVDA. Benchmark reissued a "buy" rating and issued a $335.00 price objective on shares of NVIDIA in a report on Thursday, August 27th. Wedbush upped their target price on NVIDIA from $330.00 to $345.00 and gave the stock an "outperform" rating in a research note on Thursday, August 27th. Weiss Ratings upgraded NVIDIA from a "buy (b)" rating to a "buy (b+)" rating in a research note on Friday, October 16th. President Capital raised their target price on NVIDIA from $295.00 to $330.00 in a report on Thursday, August 27th. Finally, Morgan Stanley set a $230.00 price target on NVIDIA in a research report on Friday, October 2nd. Five equities research analysts have rated the stock with a Strong Buy rating, forty-nine have given a Buy rating and one has issued a Hold rating to the company's stock. According to MarketBeat.com, NVIDIA currently has a consensus rating of "Buy" and a consensus target price of $321.47.

Insider Activity

In related news, Director Mark A. Stevens sold 622,239 shares of NVIDIA stock in a transaction on Friday, September 4th. The shares were sold at an average price of $231.62, for a total value of $144,122,997.18. Following the sale, the director 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 position. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which can be accessed through the SEC website. Also, EVP Timothy S. Teter sold 30,460 shares of NVIDIA stock in a transaction 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 $598,810,648. This represents a 1.12% decrease in their position. The SEC filing for this sale provides additional information. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Insiders sold 1,766,118 shares of company stock worth $399,450,353 over the last three months. 3.94% of the stock is currently owned by corporate insiders.

NVIDIA News Roundup

Here are the key news stories impacting NVIDIA this week:

• Positive Sentiment: Several investment analyses remain bullish on NVIDIA’s long-term outlook. Its CUDA software ecosystem, scale, high margins and deep customer relationships are viewed as a stronger moat than competitors such as Broadcom and Lam Research. Some analysts believe the shares could still double over the next five to 10 years even if growth moderates. Prediction: Nvidia Will Outperform Broadcom Over the Next 5 Years
• Positive Sentiment: NVIDIA is broadening its opportunity beyond GPUs through CPUs, networking, AI factories, industrial AI, autonomous driving and quantum-computing interfaces. Partnerships involving Pony.ai, inDrive, Schneider Electric and HPE could support additional demand for its full-stack platform. Pony AI, NVIDIA Take Their Robotaxi Ambitions to a New Market
• Positive Sentiment: Erste Group modestly raised its fiscal 2027 and 2028 EPS forecasts, while other commentary highlights NVIDIA’s faster growth, stronger margins and relatively attractive valuation compared with some AI semiconductor peers. Brokers Suggest Investing in Nvidia
• Neutral Sentiment: Some analysts argue NVIDIA may become a relative “safe haven” within the AI trade because of its dependable earnings and dominant position, but this is an investor-rotation thesis rather than a new financial result or confirmed catalyst. Can Nvidia's Stock Become a Safe Haven?
• Negative Sentiment: Seaport Research reiterated a bearish view, citing mounting competition, strategic tension in NVIDIA’s business and substantial financial commitments tied to the AI buildout. This bearish call is the clearest company-specific pressure on the shares. Two Critical Nvidia Stock Flaws
• Negative Sentiment: The recent decline reflects broader concern that hyperscalers and neocloud operators may struggle to finance the hundreds of billions of dollars required for AI data centers. High borrowing costs, funding gaps and possible customer spending discipline are pressuring the entire AI trade, including NVIDIA. Why Nvidia Stock Is Down Over 4%?

NVIDIA Company 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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