NVIDIA Corporation $NVDA Stock Sold by William Blair Investment Management LLC

Key Points

• William Blair Investment Management reduced its NVIDIA stake by 3.8%, selling 342,735 shares and retaining 8.6 million shares valued at approximately $1.72 billion. Institutional investors still own 65.27% of the company.
• Analysts remain broadly bullish: NVIDIA has a consensus “Buy” rating and an average price target of $321.89, despite some analysts recently lowering ratings or targets.
• NVIDIA reported strong operating momentum, with quarterly revenue rising 105.9% year over year to $96.22 billion and earnings exceeding estimates. The company also authorized a $150 billion share-repurchase program, while elevated valuation, competition and insider selling remain risks.

William Blair Investment Management LLC cut its holdings in shares of NVIDIA Corporation (NASDAQ:NVDA - Free Report) by 3.8% in the 2nd quarter, according to its most recent disclosure with the Securities and Exchange Commission (SEC). The institutional investor owned 8,599,021 shares of the computer hardware maker's stock after selling 342,735 shares during the period. NVIDIA comprises about 5.2% of William Blair Investment Management LLC's investment portfolio, making the stock its 2nd biggest holding. William Blair Investment Management LLC's holdings in NVIDIA were worth $1,720,578,000 at the end of the most recent quarter.

A number of other hedge funds and other institutional investors have also modified their holdings of the business. Lifetime Wealth Management P.C. acquired a new stake in NVIDIA during the 4th quarter valued at approximately $26,000. Longview Financial Advisors Inc. acquired a new position in shares of NVIDIA in the 1st quarter valued at approximately $27,000. Langley Wealth Management LLC acquired a new position in shares of NVIDIA in the 2nd quarter valued at approximately $34,000. Phillip James Consulting Co. purchased a new position in shares of NVIDIA during the 1st quarter valued at approximately $40,000. Finally, Bard Associates Inc. boosted its stake in shares of NVIDIA by 8,866.7% during the 2nd quarter. Bard Associates Inc. now owns 269 shares of the computer hardware maker's stock valued at $54,000 after buying an additional 266 shares during the last quarter. 65.27% of the stock is owned by hedge funds and other institutional investors.

Wall Street Analysts Forecast Growth

A number of analysts have recently weighed in on the stock. Wall Street Zen downgraded shares of NVIDIA from a "strong-buy" rating to a "buy" rating in a research report on Saturday, September 26th. Morgan Stanley set a $230.00 price objective on shares of NVIDIA in a research note on Friday. Royal Bank Of Canada raised their price objective on shares of NVIDIA from $300.00 to $330.00 and gave the stock an "outperform" rating in a report on Thursday, August 27th. Rothschild & Co Redburn boosted their target price on shares of NVIDIA from $300.00 to $325.00 in a research report on Thursday, August 27th. Finally, Daiwa Securities Group cut their target price on shares of NVIDIA from $255.00 to $245.00 and set an "outperform" rating on the stock in a research note on Thursday, September 17th. Four research analysts have rated the stock with a Strong Buy rating, fifty have issued a Buy rating and one has issued a Hold rating to the stock. According to MarketBeat, the company presently has a consensus rating of "Buy" and an average target price of $321.89.

Key Headlines Impacting NVIDIA

Here are the key news stories impacting NVIDIA this week:

• Positive Sentiment: AI demand indicators remain strong. Foxconn reported record quarterly revenue, helped by accelerating demand for NVIDIA-linked AI servers. Separately, AM Intelligence announced firm orders for 20,000 NVIDIA Rubin GPUs for deployments in India and Malaysia, providing additional evidence of international infrastructure expansion. Foxconn revenue report
• Positive Sentiment: Analysts see further upside. Recent commentary argues that rising earnings estimates, NVIDIA’s platform advantages and broadening demand from frontier AI labs, agentic AI and physical AI could extend the rally. One analyst suggested Wall Street may be underestimating growth over the next six to eight quarters. Zacks AI stock analysis
• Positive Sentiment: Strategic ecosystem investments are adding optionality. NVIDIA-backed startups Reflection AI and Lambda are advancing new AI models and cloud infrastructure, with Lambda reportedly seeking up to $4 billion ahead of a planned IPO. These developments could support future demand for NVIDIA computing products and strengthen its influence across the AI stack. Lambda funding report
• Neutral Sentiment: The $6 trillion valuation is now a near-term market milestone. NVIDIA’s market capitalization is approaching that level, and options traders reportedly see a meaningful chance of reaching it this month. The milestone may attract additional momentum buying, but it also raises expectations for execution and earnings. NVIDIA options report
• Negative Sentiment: Valuation and concentration risks are increasing. Some market strategists warn that mega-cap technology stocks may be overbought after their recent advances, while NVIDIA’s enormous market value leaves less room for disappointment if AI infrastructure spending slows.
• Negative Sentiment: Competition and legal scrutiny remain risks. Broadcom is expanding its custom AI accelerator business through an Anthropic-related financing arrangement, potentially challenging NVIDIA’s dominance. In addition, a lawsuit alleges NVIDIA’s $20 billion Groq transaction disadvantaged Groq shareholders, creating legal and reputational uncertainty. Groq lawsuit report

Insider Buying and Selling

In other news, Director Mark A. Stevens sold 622,239 shares of the 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 sale, the director directly owned 2,336,531 shares in the company, valued at approximately $541,187,310.22. This represents a 21.03% decrease in their position. The sale was disclosed in a document filed with the Securities & Exchange Commission, which can be accessed through the SEC website. Also, EVP Timothy S. Teter sold 30,460 shares of the business's stock in a transaction that occurred 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 transaction, the executive vice president owned 2,687,660 shares of the company's stock, valued at $598,810,648. This represents a 1.12% decrease in their position. The SEC filing for this sale provides additional information. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Insiders have sold a total of 1,766,118 shares of company stock worth $399,450,353 over the last quarter. 3.94% of the stock is owned by company insiders.

NVIDIA Stock Performance

NVIDIA stock opened at $239.24 on Wednesday. The company has a debt-to-equity ratio of 0.14, a current ratio of 4.59 and a quick ratio of 3.85. NVIDIA Corporation has a 12 month low of $164.27 and a 12 month high of $243.37. The company has a fifty day moving average price of $220.43 and a two-hundred day moving average price of $208.47. The company has a market cap of $5.77 trillion, a PE ratio of 30.25, a P/E/G ratio of 1.85 and a beta of 2.22.

NVIDIA (NASDAQ:NVDA - Get Free Report) last issued its earnings results on Wednesday, August 26th. The computer hardware maker reported $2.22 earnings per share for the quarter, topping analysts' consensus estimates of $2.09 by $0.13. NVIDIA had a net margin of 63.66% and a return on equity of 96.04%. The company had revenue of $96.22 billion for the quarter, compared to analysts' expectations of $92.27 billion. During the same period in the prior year, the company earned $1.05 earnings per share. The firm's revenue was up 105.9% compared to the same quarter last year. Research analysts expect that NVIDIA Corporation will post 9.25 earnings per share for the current year.

NVIDIA Dividend Announcement

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

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