NVIDIA Corporation $NVDA Stock Position Trimmed by Dougherty & Associates LLC

Key Points

• Dougherty & Associates trimmed its NVIDIA position by 3.7% in the second quarter, selling 2,638 shares and retaining 68,937 shares worth approximately $13.8 million. NVIDIA remains the firm’s largest holding, representing about 11% of its portfolio.
• NVIDIA reported quarterly EPS of $2.22 and revenue of $96.22 billion, exceeding analyst expectations, with revenue rising 105.9% year over year. The company also authorized an $80 billion share-repurchase program.
• Analyst sentiment remains broadly positive, with a consensus “Moderate Buy” rating and an average price target of $324.23, though investors face risks from supply-chain constraints, insider selling, valuation concerns, regulation and competition from custom AI chips.

Dougherty & Associates LLC trimmed its position in shares of NVIDIA Corporation (NASDAQ:NVDA - Free Report) by 3.7% in the 2nd quarter, according to its most recent disclosure with the Securities & Exchange Commission. The firm owned 68,937 shares of the computer hardware maker's stock after selling 2,638 shares during the quarter. NVIDIA accounts for approximately 11.0% of Dougherty & Associates LLC's investment portfolio, making the stock its largest position. Dougherty & Associates LLC's holdings in NVIDIA were worth $13,794,000 at the end of the most recent reporting period.

Other hedge funds have also bought and sold shares of the company. Defender Capital LLC. raised its holdings in shares of NVIDIA by 0.7% in the second quarter. Defender Capital LLC. now owns 7,534 shares of the computer hardware maker's stock worth $1,507,000 after buying an additional 50 shares during the period. Spectrum Financial Alliance Ltd LLC boosted its holdings in NVIDIA by 3.8% during the 1st quarter. Spectrum Financial Alliance Ltd LLC now owns 1,395 shares of the computer hardware maker's stock valued at $243,000 after acquiring an additional 51 shares during the period. LMG Wealth Partners LLC grew its position in NVIDIA by 0.7% in the 4th quarter. LMG Wealth Partners LLC now owns 7,649 shares of the computer hardware maker's stock valued at $1,427,000 after acquiring an additional 53 shares during the last quarter. Vision Financial Markets LLC increased its stake in NVIDIA by 1.2% in the third quarter. Vision Financial Markets LLC now owns 4,640 shares of the computer hardware maker's stock worth $866,000 after purchasing an additional 53 shares during the period. Finally, JGP Global Gestao de Recursos Ltda. increased its stake in NVIDIA by 2.3% in the fourth quarter. JGP Global Gestao de Recursos Ltda. now owns 2,402 shares of the computer hardware maker's stock worth $448,000 after purchasing an additional 55 shares during the period. Institutional investors own 65.27% of the company's stock.

Key Headlines Impacting NVIDIA

Here are the key news stories impacting NVIDIA this week:

• Positive Sentiment: NVIDIA announced a $3.5 billion investment in MediaTek and expanded their partnership across data-center, edge-computing and automotive AI. MediaTek will adopt NVIDIA’s NVLink Fusion technology to develop custom chips that can connect to NVIDIA-based AI systems, potentially broadening NVIDIA’s platform and ecosystem reach. NVIDIA MediaTek partnership
• Positive Sentiment: Anthropic reportedly signed a $35 billion cloud agreement backed by NVIDIA, reinforcing demand for NVIDIA-powered AI infrastructure and supporting the broader investment case for continued hyperscaler and AI-cloud spending. Anthropic cloud deal
• Positive Sentiment: Analysts raised price targets while retaining Buy ratings, including China Renaissance at $330 and Phillip Securities at $300. Recent commentary highlights NVIDIA’s strong cash generation, integrated AI platform and management’s expectation for roughly 70% revenue growth in fiscal 2028. China Renaissance price target
• Positive Sentiment: ARK Invest, led by Cathie Wood, purchased approximately $53 million of NVIDIA stock following the earnings-related selloff, providing a notable vote of confidence from a prominent growth investor. ARK Invest NVIDIA purchase
• Neutral Sentiment: NVIDIA’s exceptional demand is exposing supply-chain bottlenecks in memory, networking, optical components, power and copper. Higher input costs and supply commitments could pressure gross margins even as they signal that customer demand remains ahead of available capacity.
• Neutral Sentiment: Broadcom’s VMware Cloud Foundation validated NVIDIA’s Nemotron models for private-cloud deployment, supporting enterprise adoption and data-sovereignty use cases, though the announcement provided no specific customer or revenue figures. AI models validated on VMware Cloud Foundation
• Negative Sentiment: A reported NVIDIA program designed to participate in cloud profits from chips it had already sold was paused after internal concerns about potential antitrust exposure, highlighting regulatory risk around NVIDIA’s growing influence over AI infrastructure. NVIDIA cloud revenue program
• Negative Sentiment: Investors also face risks from a possible September market pullback, elevated valuation expectations, insider selling and emerging competition from custom AI chips, including reports of an OpenAI-designed processor.

NVIDIA Trading Up 1.4%

NVDA opened at $220.60 on Tuesday. 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 firm has a market cap of $5.32 trillion, a price-to-earnings ratio of 27.89, a PEG ratio of 1.71 and a beta of 2.23. NVIDIA Corporation has a 12 month low of $164.07 and a 12 month high of $236.54. The stock has a fifty day moving average price of $208.33 and a 200-day moving average price of $201.08.

NVIDIA (NASDAQ:NVDA - Get Free Report) last posted its 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 company 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 firm's quarterly 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 earnings per share. As a group, equities research analysts anticipate that NVIDIA Corporation will post 9.1 earnings per share for the current fiscal year.

NVIDIA announced that its board has approved a share repurchase plan on Wednesday, May 20th that allows the company to repurchase $80.00 billion in shares. This repurchase authorization allows the computer hardware maker to purchase up to 1.5% of its stock through open market purchases. Stock repurchase plans are typically an indication that the company's board believes its stock is undervalued.

NVIDIA Dividend Announcement

The company also recently disclosed a quarterly dividend, which will be paid on Thursday, October 1st. Stockholders of record on Thursday, September 10th will be given a $0.25 dividend. The ex-dividend date of this dividend is 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 presently 12.64%.

Insider Buying and Selling

In related news, Director Mark A. Stevens sold 885,000 shares of the stock in a transaction that occurred on Thursday, June 18th. The shares were sold at an average price of $210.17, for a total transaction of $186,000,450.00. Following the completion of the sale, the director owned 5,207,271 shares of the company's stock, valued at $1,094,412,146.07. This represents a 14.53% decrease in their ownership of the stock. The transaction was disclosed in a legal filing with the SEC, which is available at this link. Also, Director Stephen C. Neal sold 15,500 shares of the firm's stock in a transaction that occurred on Wednesday, June 3rd. The shares were sold at an average price of $215.73, for a total transaction of $3,343,815.00. Following the completion of the sale, the director owned 116,135 shares of the company's stock, valued at approximately $25,053,803.55. This trade represents a 11.77% decrease in their ownership of the stock. The disclosure for this sale is available in the SEC filing. Insiders have sold 1,400,500 shares of company stock valued at $299,259,265 in the last three months. 3.94% of the stock is currently owned by corporate insiders.

Wall Street Analysts Forecast Growth

A number of analysts have recently issued reports on NVDA shares. Zacks Research lowered shares of NVIDIA from a "strong-buy" rating to a "hold" rating in a research note on Friday, August 21st. UBS Group set a $300.00 price objective on shares of NVIDIA and gave the company a "buy" rating in a report on Thursday. CICC Research boosted their price objective on shares of NVIDIA from $240.60 to $268.30 and gave the company an "outperform" rating in a research report on Friday, May 22nd. BNP Paribas Exane upped their target price on shares of NVIDIA from $270.00 to $285.00 and gave the stock an "outperform" rating in a research note on Thursday, May 21st. Finally, William Blair reaffirmed an "outperform" rating on shares of NVIDIA in a research note on Tuesday, June 2nd. Two equities research analysts have rated the stock with a Strong Buy rating, fifty have given a Buy rating and three have assigned a Hold rating to the company's stock. Based on data from MarketBeat, the company has a consensus rating of "Moderate Buy" and an average target price of $324.23.

NVIDIA 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.

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