NVIDIA Corporation $NVDA Stock Sold by CapWealth Advisors LLC

Key Points

• CapWealth Advisors cut its NVIDIA position by 14.8% in the third quarter, selling 9,673 shares and retaining 55,593 shares valued at approximately $12.7 million. Institutional ownership remains high at 65.27%.
• Analyst sentiment remains strongly positive, with a consensus “Buy” rating and an average price target of $321.47, supported by 49 Buy and five Strong Buy ratings.
• NVIDIA reported better-than-expected quarterly results, with $2.22 in EPS and $96.22 billion in revenue, while its board authorized a $150 billion share-repurchase program. Insiders, however, sold approximately $399.5 million of stock over the preceding 90 days.

CapWealth Advisors LLC trimmed its position in shares of NVIDIA Corporation (NASDAQ:NVDA - Free Report) by 14.8% during the 3rd quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The institutional investor owned 55,593 shares of the computer hardware maker's stock after selling 9,673 shares during the period. CapWealth Advisors LLC's holdings in NVIDIA were worth $12,696,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

A number of other hedge funds and other institutional investors have also recently modified their holdings of the company. FC Advisory LLC grew its holdings in shares of NVIDIA by 5.1% in the third quarter. FC Advisory LLC now owns 2,172 shares of the computer hardware maker's stock valued at $496,000 after purchasing an additional 106 shares in the last quarter. Heartwood Wealth Advisors LLC bought a new stake in NVIDIA in the third quarter worth $2,021,000. Rockland Trust Co. raised its stake in NVIDIA by 6.4% during the third quarter. Rockland Trust Co. now owns 361,309 shares of the computer hardware maker's stock valued at $82,516,000 after purchasing an additional 21,664 shares in the last quarter. Violich Capital Management Inc. raised its stake in NVIDIA by 54.8% during the third quarter. Violich Capital Management Inc. now owns 17,230 shares of the computer hardware maker's stock valued at $3,935,000 after purchasing an additional 6,100 shares in the last quarter. Finally, Miller Global Investments LLC raised its stake in NVIDIA by 17.8% during the third quarter. Miller Global Investments LLC now owns 9,203 shares of the computer hardware maker's stock valued at $2,102,000 after purchasing an additional 1,392 shares in the last quarter. 65.27% of the stock is currently owned by institutional investors.

Analyst Upgrades and Downgrades

A number of equities analysts have commented on NVDA shares. BMO Capital Markets set a $340.00 price objective on shares of NVIDIA and gave the stock an "outperform" rating in a research note on Thursday, August 20th. Evercore set a $465.00 target price on shares of NVIDIA and gave the company an "outperform" rating in a research report on Thursday, August 27th. Deutsche Bank Aktiengesellschaft restated a "buy" rating on shares of NVIDIA in a research report on Monday, August 31st. Phillip Securities increased their price target on shares of NVIDIA from $285.00 to $300.00 and gave the company a "buy" rating in a report on Monday, August 31st. Finally, Stifel Nicolaus set a $315.00 price target on NVIDIA in a research report on Thursday, August 27th. Five equities research 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. Based on data from MarketBeat, the stock has a consensus rating of "Buy" and a consensus target price of $321.47.

Insider Buying and Selling at NVIDIA

In other news, Director Mark Stevens sold 622,239 shares of the company's stock in a transaction that occurred on 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 transaction, the director owned 2,336,531 shares of the company's stock, valued at approximately $541,187,310.22. This represents a 21.03% decrease in their ownership of the stock. The transaction was disclosed in a filing with the SEC, which can be accessed through this link. Also, EVP Timothy Teter sold 30,460 shares of the stock in a transaction that occurred on Monday, September 21st. The stock was sold at an average price of $222.80, for a total value of $6,786,488.00. Following the completion of the sale, the executive vice president owned 2,687,660 shares in the company, valued at approximately $598,810,648. The trade was a 1.12% decrease in their ownership of the stock. Additional details regarding this sale are available in the official SEC disclosure. 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 90 days. Company insiders own 3.94% of the company's stock.

NVIDIA Trading Up 2.4%

NVDA stock opened at $216.00 on Tuesday. NVIDIA Corporation has a twelve month low of $164.27 and a twelve month high of $243.37. The stock has a market capitalization of $5.21 trillion, a price-to-earnings ratio of 27.31, a price-to-earnings-growth ratio of 1.62 and a beta of 2.22. The company has a quick ratio of 3.85, a current ratio of 4.59 and a debt-to-equity ratio of 0.14. The firm's fifty day simple moving average is $222.48 and its two-hundred day simple moving average is $203.56.

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 analysts' consensus estimates of $2.09 by $0.13. The firm had revenue of $96.22 billion during the quarter, compared to analysts' expectations of $92.27 billion. NVIDIA had a net margin of 63.66% and a return on equity of 96.04%. The firm's revenue for the quarter was up 105.9% compared to the same quarter last year. During the same period in the previous year, the company earned $1.05 EPS. As a group, analysts anticipate that NVIDIA Corporation will post 9.30 earnings per share for the current year.

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 paid a $0.25 dividend. The ex-dividend date of this dividend was Thursday, September 10th. This represents a $1.00 annualized dividend and a yield of 0.5%. NVIDIA's dividend payout ratio (DPR) is presently 12.64%.

NVIDIA announced that its board has authorized a stock repurchase program on Monday, September 28th that allows the company to repurchase $150 billion in shares. This buyback authorization allows the computer hardware maker to reacquire up to 2.8% of its shares through open market purchases. Stock buyback programs are often a sign that the company's board believes its shares are undervalued.

NVIDIA News Roundup

Here are the key news stories impacting NVIDIA this week:

• Positive Sentiment: SpaceX reportedly committed up to $40 billion in financing for NVIDIA’s Vera Rubin processors, with deliveries expected in 2027. SpaceX’s plans to build at least 10 gigawatts of computing capacity could create substantial long-term demand for NVIDIA hardware. Elon Musk and SpaceX Just Delivered Incredible News to Nvidia
• Positive Sentiment: Anthropic’s IPO filing highlighted approximately $224.5 billion in non-cancelable compute agreements with Amazon and Alphabet. The commitments reinforce expectations for sustained hyperscaler spending on NVIDIA GPUs and other AI infrastructure, despite Anthropic’s reported accounting-driven loss. Anthropic's IPO Filing Reveals a Massive Opportunity for AI Infrastructure Giants
• Positive Sentiment: Demand indicators remain strong: GPU rental prices have risen sharply, including for older chips, while NVIDIA is expanding beyond data centers through a self-driving partnership with Mercedes-Benz and an industrial AI collaboration with Honeywell and Dell. Nvidia Just Doubled Down on Self-Driving Cars With Mercedes
• Neutral Sentiment: Analyst sentiment remains overwhelmingly bullish, with reports citing a 98% buy-rating rate and continued confidence in NVIDIA’s triple-digit revenue growth. However, the shares remain below their 50-day moving average while trading above the 200-day average, reflecting both strong long-term momentum and near-term volatility.
• Negative Sentiment: Credit-market pressure could slow AI data-center construction and reduce GPU purchases by highly leveraged neocloud operators. Analysts also warn of infrastructure bottlenecks, while Broadcom’s custom AI chips and open Ethernet alternatives could gradually challenge NVIDIA’s ecosystem and InfiniBand position. Seaport Reiterates Sell Rating On Nvidia Stock Over Data Center Infrastructure Bottlenecks

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.

Want to see what other hedge funds are holding NVDA? Visit HoldingsChannel.com to get the latest 13F filings and insider trades for NVIDIA Corporation (NASDAQ:NVDA - Free Report).

This instant news alert was generated by narrative science technology and financial data from MarketBeat in order to provide readers with the fastest reporting and unbiased coverage. Please send any questions or comments about this story to contact@marketbeat.com.