NVIDIA Corporation $NVDA Stock Purchased by Bamco Inc. NY

Key Points

• Bamco Inc. NY increased its NVIDIA stake by 1.6% in the second quarter, acquiring 45,548 shares for a total holding of 2.97 million shares valued at approximately $593.3 million.
• Institutional investors own 65.27% of NVIDIA, while analysts maintain a broadly bullish outlook with an average “Buy” rating and a consensus price target of $321.89.
• NVIDIA recently reported revenue growth of 105.9% year over year and earnings above expectations, and authorized a $150 billion stock buyback; however, insiders have sold significant shares over the past 90 days.

Bamco Inc. NY grew its holdings in NVIDIA Corporation (NASDAQ:NVDA - Free Report) by 1.6% during the 2nd quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The fund owned 2,965,306 shares of the computer hardware maker's stock after purchasing an additional 45,548 shares during the quarter. NVIDIA makes up approximately 0.9% of Bamco Inc. NY's portfolio, making the stock its 22nd largest holding. Bamco Inc. NY's holdings in NVIDIA were worth $593,328,000 as of its most recent SEC filing.

A number of other hedge funds have also modified their holdings of NVDA. J. Stern & Co. LLP increased its position in NVIDIA by 13,709.1% during the 4th quarter. J. Stern & Co. LLP now owns 125,760,307 shares of the computer hardware maker's stock worth $23,454,297,000 after purchasing an additional 124,849,603 shares in the last quarter. Jupiter Topco LLC purchased a new position in NVIDIA in the 2nd quarter valued at about $16,156,076,000. Amundi lifted its holdings in NVIDIA by 10.4% in the 1st quarter. Amundi now owns 133,768,018 shares of the computer hardware maker's stock valued at $23,329,141,000 after purchasing an additional 12,575,177 shares in the last quarter. SEB Asset Management AB acquired a new stake in shares of NVIDIA during the 1st quarter worth about $1,692,807,000. Finally, Employees Provident Fund Board acquired a new position in NVIDIA in the 4th quarter valued at $1,243,336,000. 65.27% of the stock is owned by hedge funds and other institutional investors.

NVIDIA News Roundup

Here are the key news stories impacting NVIDIA this week:

• Positive Sentiment: AI infrastructure demand remains robust. TSMC reported third-quarter revenue growth of 50%, while analysts cited continued hyperscaler spending and projected U.S. data-center capital expenditures of roughly $2 trillion next year—supportive of NVIDIA’s accelerator demand. NVIDIA AI spending outlook
• Positive Sentiment: SpaceX reportedly plans to raise as much as $40 billion to purchase NVIDIA AI chips, highlighting the scale of demand from emerging AI customers. NVIDIA also committed $1 billion over five years to U.S. scientific research in areas including quantum computing, healthcare and energy security. SpaceX NVIDIA chip purchase report
• Neutral Sentiment: Options activity is mixed: a large bullish trade suggests some investors expect further gains, but heavier put buying in the semiconductor ETF indicates increased hedging and caution across the chip sector. Technical analysts also see resistance near $235 and potential support around $215–$220. NVIDIA and semiconductor options activity
• Negative Sentiment: Investors remain concerned that AI spending may be debt-funded and approaching a peak. The withdrawal of NVIDIA-backed Firmus Grid’s proposed multibillion-dollar IPO, alongside reports that OpenAI’s annualized revenue was below earlier expectations, has raised questions about AI infrastructure valuations and customer funding. Firmus IPO withdrawal
• Negative Sentiment: Leadership and governance headlines add limited uncertainty: NVIDIA’s head of corporate communications left after roughly four months, while a legal challenge to the company’s Groq technology transaction could create additional execution and reputational risk. NVIDIA communications chief departure

Insider Activity

In other news, Director Mark Stevens sold 622,239 shares of NVIDIA stock in a transaction dated Friday, September 4th. The stock was sold at an average price of $231.62, for a total transaction of $144,122,997.18. Following the sale, the director directly owned 2,336,531 shares of the company's stock, valued at approximately $541,187,310.22. The trade was a 21.03% decrease in their ownership of the stock. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which can be accessed through this hyperlink. Also, CFO Colette Kress sold 34,918 shares of NVIDIA stock in a transaction dated Thursday, September 17th. The stock was sold at an average price of $219.05, for a total value of $7,648,787.90. Following the sale, the chief financial officer directly owned 765,103 shares in the company, valued at approximately $167,595,812.15. The trade was a 4.36% decrease in their ownership of the stock. 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 ninety days. Corporate insiders own 3.94% of the company's stock.

Analyst Upgrades and Downgrades

Several equities research analysts have recently issued reports on the company. China Renaissance raised their price objective on NVIDIA from $319.00 to $330.00 and gave the stock a "buy" rating in a report on Monday, August 31st. Melius Research set a $420.00 target price on NVIDIA in a research note on Thursday, August 27th. Deutsche Bank Aktiengesellschaft reiterated a "buy" rating on shares of NVIDIA in a research report on Monday, August 31st. The Goldman Sachs Group reiterated a "buy" rating on shares of NVIDIA in a research report on Thursday, September 10th. Finally, KeyCorp reissued an "overweight" rating and issued a $330.00 price target on shares of NVIDIA in a research note on Monday, August 24th. Five 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. Based on data from MarketBeat.com, the company presently has an average rating of "Buy" and an average target price of $321.89.

NVIDIA Price Performance

NVDA stock opened at $229.28 on Monday. The firm has a market cap of $5.53 trillion, a P/E ratio of 28.99, a price-to-earnings-growth ratio of 1.77 and a beta of 2.22. The company has a debt-to-equity ratio of 0.14, a quick ratio of 3.85 and a current ratio of 4.59. NVIDIA Corporation has a 1 year low of $164.27 and a 1 year high of $243.37. The stock has a 50-day simple moving average of $222.66 and a 200-day simple moving average of $209.66.

NVIDIA (NASDAQ:NVDA - Get Free Report) last released 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 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%. NVIDIA's revenue for the quarter was up 105.9% on a year-over-year basis. During the same period in the previous year, the company posted $1.05 EPS. On average, equities analysts predict that NVIDIA Corporation will post 9.25 earnings per share for the current fiscal year.

NVIDIA announced that its board has initiated a stock repurchase program on Monday, September 28th that allows the company to buy back $150.00 billion in shares. This buyback authorization allows the computer hardware maker to purchase up to 2.8% of its stock through open market purchases. Stock buyback programs are typically a sign that the company's board of directors believes its shares are undervalued.

NVIDIA Announces Dividend

The company also recently disclosed a quarterly dividend, which was paid on Thursday, October 1st. Shareholders of record on Thursday, September 10th were given a $0.25 dividend. This represents a $1.00 dividend on an annualized basis and a yield of 0.4%. The ex-dividend date of this dividend was Thursday, September 10th. NVIDIA's dividend payout ratio is presently 12.64%.

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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