NVIDIA Corporation $NVDA Stock Sold by Montag A & Associates Inc.

Key Points

• Montag A & Associates reduced its NVIDIA stake by 2.1%, selling 3,671 shares and retaining 171,219 shares valued at approximately $34.3 million. Institutional investors still own about 65.27% of NVIDIA.
• NVIDIA reported quarterly earnings and revenue above analyst expectations, with revenue up 105.9% year over year. Analysts remain broadly bullish, with a consensus “Buy” rating and an average price target of $324.14.
• Despite strong AI demand and upcoming Vera Rubin system deployments, NVIDIA faces risks from higher Treasury yields, rising memory costs and insider stock sales. Shares were recently down 0.4% and opened at $224.58.

Montag A & Associates Inc. reduced its holdings in shares of NVIDIA Corporation (NASDAQ:NVDA - Free Report) by 2.1% in the 2nd quarter, according to the company in its most recent 13F filing with the SEC. The institutional investor owned 171,219 shares of the computer hardware maker's stock after selling 3,671 shares during the quarter. NVIDIA makes up 1.4% of Montag A & Associates Inc.'s investment portfolio, making the stock its 12th biggest holding. Montag A & Associates Inc.'s holdings in NVIDIA were worth $34,259,000 as of its most recent SEC filing.

A number of other hedge funds have also made changes to their positions in the business. Lifetime Wealth Management P.C. acquired a new stake in NVIDIA during the fourth quarter worth approximately $26,000. Longview Financial Advisors Inc. acquired a new position in shares of NVIDIA in the 1st quarter valued at $27,000. Phillip James Consulting Co. acquired a new position in shares of NVIDIA in the 1st quarter valued at $40,000. Frankly Finances LLC purchased a new position in shares of NVIDIA in the 2nd quarter valued at $60,000. Finally, Horrell Capital Management Inc. raised its stake in NVIDIA by 38.1% during the 4th quarter. Horrell Capital Management Inc. now owns 373 shares of the computer hardware maker's stock worth $70,000 after acquiring an additional 103 shares in the last quarter. Hedge funds and other institutional investors own 65.27% of the company's stock.

Trending Headlines about NVIDIA

Here are the key news stories impacting NVIDIA this week:

• Positive Sentiment: AI demand remains exceptionally strong. Commentary indicates NVIDIA’s management sees a path to roughly 70% revenue growth in fiscal 2028, well above the approximately 45% previously modeled by analysts. This suggests hyperscaler spending and demand for NVIDIA’s accelerated-computing systems may remain robust for longer than expected. NVIDIA demand growth article
• Positive Sentiment: The Vera Rubin rollout is progressing, with Super Micro Computer reportedly shipping liquid-cooled NVL72 racks for customer deployments. Successful system integration supports NVIDIA’s next-generation sales cycle and reinforces demand for related data-center infrastructure. Vera Rubin shipment article
• Positive Sentiment: Sanford C. Bernstein reaffirmed its “Buy” rating, while other research coverage continues to favor NVIDIA over competing AI-chip stocks because of its faster growth, stronger margins and broader hardware, networking and software ecosystem. NVIDIA versus Marvell analysis
• Neutral Sentiment: NVIDIA’s reported agreement to acquire Hugging Face for nearly $13 billion would expand its access to AI models, developers, datasets and distribution. The strategic benefits could be significant, but the deal’s high price relative to Hugging Face’s reported revenue creates execution and valuation risk. Hugging Face acquisition analysis
• Negative Sentiment: Higher Treasury yields are making expensive technology stocks less attractive and increasing the risk of valuation compression. This macro pressure was the clearest reason for weakness across NVIDIA and other semiconductor shares. Semiconductor stocks and Treasury yields
• Negative Sentiment: Management expects higher memory costs to pressure gross margins, indicating that pricing power is shifting toward memory and optical-networking suppliers. NVIDIA also faces scrutiny from large insider sales, including an approximately $6.8 million Rule 10b5-1 sale by EVP Timothy Teter, although the transaction was prearranged. NVIDIA insider sale

NVIDIA Stock Down 0.4%

NVDA opened at $224.58 on Friday. The company has a debt-to-equity ratio of 0.14, a quick ratio of 3.85 and a current ratio of 4.59. The company has a market cap of $5.41 trillion, a price-to-earnings ratio of 28.39, a PEG ratio of 1.77 and a beta of 2.22. NVIDIA Corporation has a one year low of $164.27 and a one year high of $236.54. The business's fifty day moving average is $216.08 and its two-hundred day moving average is $205.72.

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 for the quarter, beating analysts' consensus estimates of $2.09 by $0.13. The business had revenue of $96.22 billion during the quarter, compared to analysts' expectations of $92.27 billion. NVIDIA had a return on equity of 96.04% and a net margin of 63.66%.The business's revenue for the quarter was up 105.9% on a year-over-year basis. During the same quarter last year, the business posted $1.05 earnings per share. Analysts anticipate that NVIDIA Corporation will post 9.25 EPS for the current fiscal year.

NVIDIA Dividend Announcement

The firm also recently declared a quarterly dividend, which will be paid on Thursday, October 1st. Shareholders of record on Thursday, September 10th will be issued a $0.25 dividend. This represents a $1.00 annualized dividend and a dividend yield of 0.4%. The ex-dividend date of this dividend is Thursday, September 10th. NVIDIA's dividend payout ratio is 12.64%.

Insider Buying and Selling at NVIDIA

In other news, CFO Colette Kress sold 34,918 shares of the company's stock in a transaction 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 sale, the chief financial officer directly owned 765,103 shares in the company, valued at $167,595,812.15. This represents a 4.36% decrease in their ownership of the stock. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which is available through the SEC website. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Also, EVP Timothy S. Teter sold 30,460 shares of the stock in a transaction on Monday, September 21st. The shares were sold at an average price of $222.80, for a total value of $6,786,488.00. Following the sale, the executive vice president directly owned 2,687,660 shares in the company, valued at approximately $598,810,648. The trade was a 1.12% decrease in their position. 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 have sold 1,766,118 shares of company stock valued at $399,450,353 over the last quarter. Corporate insiders own 3.94% of the company's stock.

Analyst Upgrades and Downgrades

A number of brokerages recently issued reports on NVDA. William Blair reissued an "outperform" rating on shares of NVIDIA in a research report on Tuesday, June 2nd. Weiss Ratings reiterated a "buy (b)" rating on shares of NVIDIA in a research report on Wednesday, July 8th. Zacks Research raised shares of NVIDIA from a "hold" rating to a "strong-buy" rating in a research note on Monday. Melius Research set a $420.00 price objective on shares of NVIDIA in a research report on Thursday, August 27th. Finally, JPMorgan Chase & Co. lifted their target price on shares of NVIDIA from $280.00 to $320.00 and gave the company an "overweight" rating in a report on Thursday, August 27th. Four research analysts have rated the stock with a Strong Buy rating, fifty have issued a Buy rating and one has assigned a Hold rating to the company's stock. Based on data from MarketBeat.com, the company currently has a consensus rating of "Buy" and an average price target of $324.14.

NVIDIA Profile

NVIDIA Corporation is a technology company that designs accelerated computing platforms, graphics processors and related software. Its products are used for artificial intelligence, machine learning, high-performance computing, computer graphics, data-center applications and other workloads that benefit from parallel processing.

The company's offerings include GeForce graphics processing units (GPUs) and software for gaming and personal computers; data-center GPUs, systems and networking products; and professional visualization solutions for design, engineering, media and scientific applications.

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.