NVIDIA Corporation $NVDA Stock Sold by Algert Global LLC

Key Points

• Algert Global cut its NVIDIA stake by 5.9% in the second quarter, selling 13,074 shares and retaining 208,519 shares worth approximately $41.7 million. Institutional investors collectively own 65.27% of the company.
• NVIDIA insiders sold 1.77 million shares valued at roughly $399.5 million over the past 90 days, including sales by EVP Timothy Teter and CFO Colette Kress under pre-arranged Rule 10b5-1 plans.
• Wall Street remains broadly bullish, with an average “Buy” rating and a consensus price target of $321.89. NVIDIA also reported quarterly revenue of $96.22 billion, authorized a $150 billion share repurchase program, and continues to benefit from strong AI infrastructure demand, though investors remain concerned about valuations and the sustainability of AI spending.

Algert Global LLC reduced its stake in NVIDIA Corporation (NASDAQ:NVDA - Free Report) by 5.9% in the 2nd quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission. The institutional investor owned 208,519 shares of the computer hardware maker's stock after selling 13,074 shares during the period. NVIDIA makes up about 0.5% of Algert Global LLC's investment portfolio, making the stock its 5th biggest holding. Algert Global LLC's holdings in NVIDIA were worth $41,723,000 as of its most recent filing with the Securities and Exchange Commission.

A number of other hedge funds and other institutional investors also recently modified their holdings of the stock. Boyd Wealth Management LLC boosted its stake in shares of NVIDIA by 273.4% during the 2nd quarter. Boyd Wealth Management LLC now owns 9,145 shares of the computer hardware maker's stock valued at $1,830,000 after buying an additional 6,696 shares during the last quarter. Ally Financial Inc. increased its stake in shares of NVIDIA by 10.3% in the second quarter. Ally Financial Inc. now owns 172,000 shares of the computer hardware maker's stock worth $34,415,000 after buying an additional 16,000 shares during the last quarter. Altshuler Shaham Ltd raised its holdings in NVIDIA by 6,451.9% in the first quarter. Altshuler Shaham Ltd now owns 637,236 shares of the computer hardware maker's stock valued at $111,134,000 after acquiring an additional 627,510 shares in the last quarter. Storen Legacy Partners LLC bought a new position in NVIDIA during the 4th quarter valued at $1,350,000. Finally, Baker Tilly Wealth Management LLC boosted its stake in NVIDIA by 7.4% during the 2nd quarter. Baker Tilly Wealth Management LLC now owns 71,898 shares of the computer hardware maker's stock valued at $14,386,000 after acquiring an additional 4,958 shares during the last quarter. Institutional investors and hedge funds own 65.27% of the company's stock.

Insider Buying and Selling at NVIDIA

In other news, EVP Timothy S. Teter sold 30,460 shares of NVIDIA stock in a transaction that occurred on 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 sale, the executive vice president owned 2,687,660 shares of the company's stock, valued at approximately $598,810,648. The trade was a 1.12% decrease in their ownership of the stock. The transaction was disclosed in a filing with the SEC, which is accessible through the SEC website. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Also, CFO Colette Kress sold 34,918 shares of the business's stock in a transaction that occurred on 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 transaction, the chief financial officer owned 765,103 shares of the company's stock, valued at approximately $167,595,812.15. This represents a 4.36% decrease in their ownership of the stock. 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 sold 1,766,118 shares of company stock valued at $399,450,353 in the last ninety days. Company insiders own 3.94% of the company's stock.

Wall Street Analysts Forecast Growth

Several equities research analysts have recently weighed in on NVDA shares. Melius Research set a $420.00 target price on shares of NVIDIA in a research report on Thursday, August 27th. Stifel Nicolaus set a $315.00 price target on NVIDIA in a research note on Thursday, August 27th. DA Davidson reissued a "buy" rating and issued a $300.00 price objective on shares of NVIDIA in a report on Thursday, August 27th. Wells Fargo & Company set a $210.00 price objective on NVIDIA in a research note on Friday, October 2nd. Finally, Weiss Ratings reiterated a "buy (b)" rating on shares of NVIDIA in a research report on Friday, October 2nd. Five investment analysts have rated the stock with a Strong Buy rating, forty-nine have given a Buy rating and one has assigned a Hold rating to the stock. According to data from MarketBeat.com, the stock presently has an average rating of "Buy" and a consensus target price of $321.89.

Key Headlines Impacting NVIDIA

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

NVIDIA Price Performance

Shares of NVDA opened at $229.28 on Friday. NVIDIA Corporation has a 12 month low of $164.27 and a 12 month high of $243.37. The company has a debt-to-equity ratio of 0.14, a current ratio of 4.59 and a quick ratio of 3.85. The stock has a fifty day moving average price of $222.66 and a 200 day moving average price of $209.43. The company has a market cap of $5.53 trillion, a P/E ratio of 28.99, a PEG ratio of 1.78 and a beta of 2.22.

NVIDIA (NASDAQ:NVDA - Get Free Report) last announced 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 company had revenue of $96.22 billion during the quarter, compared to the consensus estimate of $92.27 billion. NVIDIA had a net margin of 63.66% and a return on equity of 96.04%. The company's revenue for the quarter was up 105.9% compared to the same quarter last year. During the same quarter in the previous year, the company posted $1.05 earnings per share. On average, research analysts forecast that NVIDIA Corporation will post 9.25 earnings per share for the current year.

NVIDIA declared that its Board of Directors has initiated a share buyback program on Monday, September 28th that allows the company to repurchase $150.00 billion in outstanding 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 generally an indication that the company's leadership believes its shares are undervalued.

NVIDIA Dividend Announcement

The company also recently announced a quarterly dividend, which was paid on Thursday, October 1st. Shareholders of record on Thursday, September 10th were paid a dividend of $0.25 per share. 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 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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