NVIDIA Corporation $NVDA Stock Sold by Kinetic Partners Management LP

Key Points

• Kinetic Partners Management LP reduced its NVIDIA stake by 2.8%, selling 25,001 shares and retaining 855,724 shares valued at approximately $171.2 million. Institutional investors and hedge funds collectively own 65.27% of NVIDIA.
• Analysts remain broadly bullish, with a consensus “Buy” rating and average price target of $321.89. Recent firms raised their targets as high as $346.
• NVIDIA insiders sold 1.77 million shares worth roughly $399.5 million over the past three months, while the company reported stronger-than-expected quarterly earnings and authorized a $150 billion share-repurchase program.

Kinetic Partners Management LP cut its holdings in shares of NVIDIA Corporation (NASDAQ:NVDA - Free Report) by 2.8% during the second quarter, according to its most recent 13F filing with the Securities and Exchange Commission. The fund owned 855,724 shares of the computer hardware maker's stock after selling 25,001 shares during the quarter. NVIDIA comprises 4.1% of Kinetic Partners Management LP's portfolio, making the stock its 5th biggest holding. Kinetic Partners Management LP's holdings in NVIDIA were worth $171,222,000 as of its most recent SEC filing.

Other institutional investors have also made changes to their positions in the company. ABS Investment Management LLC acquired a new position in shares of NVIDIA in the second quarter valued at $80,000. EFG International AG raised its position in shares of NVIDIA by 6.1% in the second quarter. EFG International AG now owns 1,342,712 shares of the computer hardware maker's stock valued at $268,593,000 after purchasing an additional 77,160 shares during the period. Ancora Advisors LLC lifted its stake in shares of NVIDIA by 0.4% during the 2nd quarter. Ancora Advisors LLC now owns 174,716 shares of the computer hardware maker's stock worth $34,959,000 after buying an additional 782 shares during the last quarter. American Trust lifted its stake in shares of NVIDIA by 2.9% during the 2nd quarter. American Trust now owns 44,594 shares of the computer hardware maker's stock worth $8,923,000 after buying an additional 1,272 shares during the last quarter. Finally, Palisade Capital Management LP lifted its stake in shares of NVIDIA by 11.3% during the 2nd quarter. Palisade Capital Management LP now owns 282,019 shares of the computer hardware maker's stock worth $56,429,000 after buying an additional 28,724 shares during the last quarter. 65.27% of the stock is owned by institutional investors and hedge funds.

Analysts Set New Price Targets

A number of research analysts recently commented on NVDA shares. Truist Financial upped their price target on shares of NVIDIA from $307.00 to $346.00 and gave the company a "buy" rating in a research note on Thursday, August 27th. Stifel Nicolaus set a $315.00 price target on shares of NVIDIA in a report on Thursday, August 27th. 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. Rothschild & Co Redburn raised their price objective on shares of NVIDIA from $300.00 to $325.00 in a research report on Thursday, August 27th. Finally, UBS Group restated a "buy" rating on shares of NVIDIA in a report on Friday. Five equities research analysts have rated the stock with a Strong Buy rating, forty-nine have issued a Buy rating and one has assigned a Hold rating to the stock. According to MarketBeat, NVIDIA has a consensus rating of "Buy" and an average target price of $321.89.

Insider Activity

In other NVIDIA news, Director Mark Stevens sold 622,239 shares of the company's stock in a transaction on Friday, September 4th. The shares were sold at an average price of $231.62, for a total transaction 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 represents a 21.03% decrease in their ownership of the stock. The sale was disclosed in a legal filing with the SEC, which can be accessed through this hyperlink. Also, CFO Colette Kress sold 34,918 shares of the company's stock in a transaction dated Thursday, September 17th. The shares were sold at an average price of $219.05, for a total value of $7,648,787.90. Following the sale, the chief financial officer owned 765,103 shares in the company, valued at approximately $167,595,812.15. The trade was a 4.36% decrease in their position. 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. In the last three months, insiders have sold 1,766,118 shares of company stock valued at $399,450,353. 3.94% of the stock is currently owned by insiders.

More NVIDIA News

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 Trading Down 0.5%

Shares of NVIDIA stock opened at $229.28 on Friday. The firm's 50-day moving average price is $222.66 and its two-hundred day moving average price is $209.43. The company has a market capitalization of $5.53 trillion, a price-to-earnings ratio of 28.99, a PEG ratio of 1.77 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. NVIDIA Corporation has a 12-month low of $164.27 and a 12-month high of $243.37.

NVIDIA (NASDAQ:NVDA - Get Free Report) last posted its quarterly earnings results on Wednesday, August 26th. The computer hardware maker reported $2.22 earnings per share for the quarter, beating analysts' consensus estimates of $2.09 by $0.13. The company had revenue of $96.22 billion for 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 firm's quarterly revenue was up 105.9% compared to the same quarter last year. During the same period last year, the company posted $1.05 EPS. On average, analysts forecast that NVIDIA Corporation will post 9.25 earnings per share for the current fiscal year.

NVIDIA Announces Dividend

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

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

About NVIDIA

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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