Osterweis Capital Management Inc. Sells 6,347 Shares of NVIDIA Corporation $NVDA

Key Points

• Osterweis Capital Management reduced its NVIDIA stake by 2.8%, selling 6,347 shares and retaining 222,332 shares valued at approximately $44.5 million. NVIDIA represents 2.1% of the firm’s portfolio, while institutional investors collectively own 65.27% of the company.
• NVIDIA reported strong quarterly results, with revenue of $96.22 billion—up 105.9% year over year—and earnings of $2.22 per share, exceeding analyst expectations.
• The company authorized a $150 billion share-repurchase program and maintains a “Buy” consensus analyst rating, with an average price target of $321.89; however, insiders have sold roughly $399.5 million of stock over the past 90 days.

Osterweis Capital Management Inc. lowered its stake in shares of NVIDIA Corporation (NASDAQ:NVDA - Free Report) by 2.8% in the second quarter, according to its most recent disclosure with the Securities & Exchange Commission. The firm owned 222,332 shares of the computer hardware maker's stock after selling 6,347 shares during the quarter. NVIDIA comprises 2.1% of Osterweis Capital Management Inc.'s portfolio, making the stock its 14th largest holding. Osterweis Capital Management Inc.'s holdings in NVIDIA were worth $44,486,000 as of its most recent filing with the Securities & Exchange Commission.

Several other hedge funds and other institutional investors also recently added to or reduced their stakes in NVDA. Lifetime Wealth Management P.C. bought a new stake in shares of NVIDIA during the 4th quarter worth $26,000. Longview Financial Advisors Inc. bought a new position in NVIDIA in the 1st quarter worth $27,000. Phillip James Consulting Co. bought a new position in NVIDIA in the 1st quarter worth $40,000. Bard Associates Inc. raised its holdings in NVIDIA by 8,866.7% in the 2nd quarter. Bard Associates Inc. now owns 269 shares of the computer hardware maker's stock worth $54,000 after acquiring an additional 266 shares during the period. Finally, Frankly Finances LLC bought a new position in NVIDIA in the 2nd quarter worth $60,000. Institutional investors and hedge funds own 65.27% of the company's stock.

NVIDIA News Roundup

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 Stock Down 0.5%

Shares of NASDAQ NVDA opened at $229.28 on Friday. NVIDIA Corporation has a 52-week low of $164.27 and a 52-week high of $243.37. The stock has a market cap of $5.53 trillion, a PE ratio of 28.99, a PEG ratio of 1.77 and a beta of 2.22. The business has a fifty day moving average of $222.66 and a two-hundred day moving average of $209.43. The company has a debt-to-equity ratio of 0.14, a quick ratio of 3.85 and a current ratio of 4.59.

NVIDIA (NASDAQ:NVDA - Get Free Report) last posted its quarterly earnings data 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. NVIDIA had a return on equity of 96.04% and a net margin of 63.66%. The company had revenue of $96.22 billion for the quarter, compared to analyst estimates of $92.27 billion. During the same quarter in the previous year, the firm earned $1.05 earnings per share. The business's revenue was up 105.9% on a year-over-year basis. As a group, equities research analysts expect that NVIDIA Corporation will post 9.25 earnings per share for the current fiscal year.

NVIDIA Announces Dividend

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

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

Analyst Upgrades and Downgrades

A number of research firms have weighed in on NVDA. Deutsche Bank Aktiengesellschaft reissued a "buy" rating on shares of NVIDIA in a research report on Monday, August 31st. Rosenblatt Securities reaffirmed a "buy" rating and issued a $390.00 price target on shares of NVIDIA in a research report on Tuesday, September 29th. Weiss Ratings reiterated a "buy (b)" rating on shares of NVIDIA in a research note on Friday, October 2nd. KGI Securities boosted their price objective on NVIDIA from $335.00 to $345.00 in a research report on Thursday, August 27th. Finally, Sanford C. Bernstein reissued a "buy" rating on shares of NVIDIA in a research report on Monday, September 21st. Five 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. According to data from MarketBeat, the stock currently has a consensus rating of "Buy" and a consensus target price of $321.89.

Insider Activity at NVIDIA

In other news, CFO Colette Kress sold 34,918 shares of the business's stock in a transaction on 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 completion of the transaction, the chief financial officer owned 765,103 shares of the company's stock, valued at $167,595,812.15. The trade was a 4.36% decrease in their position. The sale was disclosed in a filing with the Securities & Exchange Commission, which is available at this hyperlink. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Also, EVP Timothy S. Teter sold 30,460 shares of the business's stock in a transaction on Monday, September 21st. The shares were sold at an average price of $222.80, for a total transaction of $6,786,488.00. Following the completion of the transaction, the executive vice president directly owned 2,687,660 shares of the company's stock, valued at $598,810,648. This trade represents a 1.12% 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. Over the last 90 days, insiders sold 1,766,118 shares of company stock worth $399,450,353. 3.94% of the stock is currently owned by company insiders.

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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