Pacific Wealth Strategies Group Inc. Sells 9,248 Shares of NVIDIA Corporation $NVDA

Key Points

• Pacific Wealth Strategies Group reduced its NVIDIA position by 26%, selling 9,248 shares and retaining 26,285 shares worth approximately $5.26 million. NVIDIA remains about 3% of the firm’s portfolio, while institutional investors and hedge funds collectively own 65.27% of the stock.
• NVIDIA reported strong operating momentum: quarterly revenue rose 105.9% year over year to $96.22 billion, beating estimates, while EPS of $2.22 exceeded the $2.09 consensus. Analysts maintain a broadly positive view, with a consensus “Moderate Buy” rating and a $324.83 price target.
• AI expansion remains the central growth catalyst, including NVIDIA’s Hugging Face acquisition and upcoming RTX Spark-powered consumer PCs. Key risks include competition, potential margin pressure from rising component costs, and recent insider selling, although the company also authorized an $80 billion share-repurchase program.

Pacific Wealth Strategies Group Inc. lowered its position in shares of NVIDIA Corporation (NASDAQ:NVDA - Free Report) by 26.0% during the second quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission. The firm owned 26,285 shares of the computer hardware maker's stock after selling 9,248 shares during the period. NVIDIA accounts for approximately 3.0% of Pacific Wealth Strategies Group Inc.'s investment portfolio, making the stock its 10th biggest holding. Pacific Wealth Strategies Group Inc.'s holdings in NVIDIA were worth $5,259,000 at the end of the most recent reporting period.

Other hedge funds have also added to or reduced their stakes in the company. Norges Bank bought a new stake in shares of NVIDIA in the fourth quarter valued at about $62,244,133,000. J. Stern & Co. LLP grew its stake in shares of NVIDIA by 13,709.1% in the fourth quarter. J. Stern & Co. LLP now owns 125,760,307 shares of the computer hardware maker's stock valued at $23,454,297,000 after acquiring an additional 124,849,603 shares in the last quarter. Cardano Risk Management B.V. increased its position in NVIDIA by 896.4% during the fourth quarter. Cardano Risk Management B.V. now owns 78,123,960 shares of the computer hardware maker's stock worth $14,570,119,000 after acquiring an additional 70,283,539 shares during the period. Capital Research Global Investors increased its position in NVIDIA by 16.1% during the third quarter. Capital Research Global Investors now owns 165,377,852 shares of the computer hardware maker's stock worth $30,855,564,000 after acquiring an additional 22,896,705 shares during the period. Finally, Laurel Wealth Advisors LLC raised its stake in NVIDIA by 15,496.1% in the 2nd quarter. Laurel Wealth Advisors LLC now owns 21,865,525 shares of the computer hardware maker's stock worth $3,454,534,000 after purchasing an additional 21,725,326 shares in the last quarter. 65.27% of the stock is owned by institutional investors and hedge funds.

NVIDIA News Roundup

Here are the key news stories impacting NVIDIA this week:

• Positive Sentiment: Hugging Face expands NVIDIA’s AI ecosystem: The acquisition gives NVIDIA access to Hugging Face’s open-source platform, which hosts millions of models, applications and datasets used by more than 18 million developers. Investors view the deal as a way to deepen CUDA adoption, strengthen NVIDIA’s software moat and position the company as an AI platform provider rather than solely a chip supplier. Management says Hugging Face will remain open to the broader AI ecosystem. Why NVIDIA’s defensive move to acquire Hugging Face is about much more than chips
• Positive Sentiment: New consumer AI revenue channel: Lenovo and Acer are expected to launch Windows PCs powered by NVIDIA’s RTX Spark chip in October. Local AI processing could expand NVIDIA’s addressable market while reducing reliance on cloud data centers. HP also announced new OmniBook PCs using RTX Spark technology. NVIDIA sets October launch for RTX Spark AI PCs
• Positive Sentiment: Analyst support and demand remain strong: Needham and Rosenblatt reaffirmed Buy ratings with price targets of $300 and $390, respectively. Recent earnings showed revenue growth above 100%, a 63.7% net margin and results ahead of consensus, while management’s long-term outlook continues to imply robust AI infrastructure spending. NVIDIA’s equity investments in companies such as OpenAI, CoreWeave and Nebius have also grown substantially, reinforcing its influence across the AI supply chain. NVIDIA has built a $99 billion equity portfolio
• Neutral Sentiment: Competitive and valuation considerations: NVIDIA remains dominant, but AMD, Broadcom and Intel are pursuing AI and server opportunities. Rising memory and optical-networking costs could pressure gross margins even if they confirm that demand exceeds supply.
• Negative Sentiment: Insider selling adds a cautionary signal: Director Mark Stevens sold roughly 648,500 shares in two transactions, while EVP Timothy Teter sold 30,000 shares. The sales were disclosed under planned transactions and represent small portions of their remaining holdings, limiting their significance but potentially weighing on sentiment.

Wall Street Analyst Weigh In

NVDA has been the topic of a number of analyst reports. Wall Street Zen upgraded shares of NVIDIA from a "buy" rating to a "strong-buy" rating in a research report on Saturday, August 29th. Raymond James Financial set a $515.00 price target on shares of NVIDIA and gave the company a "strong-buy" rating in a research report on Thursday, August 27th. Susquehanna reissued a "positive" rating and set a $275.00 price target (up from $250.00) on shares of NVIDIA in a research report on Tuesday, May 12th. Mizuho set a $315.00 price objective on shares of NVIDIA and gave the stock an "outperform" rating in a research report on Thursday, August 27th. Finally, KeyCorp reaffirmed an "overweight" rating and issued a $330.00 target price on shares of NVIDIA in a report on Monday, August 24th. Two research analysts have rated the stock with a Strong Buy rating, fifty have issued a Buy rating and three have issued a Hold rating to the company's stock. Based on data from MarketBeat.com, NVIDIA has an average rating of "Moderate Buy" and a consensus price target of $324.83.

NVIDIA Price Performance

NVIDIA stock opened at $230.36 on Friday. The stock's 50 day moving average is $210.61 and its 200 day moving average is $202.05. NVIDIA Corporation has a one year low of $164.07 and a one year high of $236.54. The firm has a market cap of $5.55 trillion, a P/E ratio of 29.12, a P/E/G ratio of 1.79 and a beta of 2.22. 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 (NASDAQ:NVDA - Get Free Report) last released its 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. NVIDIA had a net margin of 63.66% and a return on equity of 96.04%. The business had revenue of $96.22 billion during the quarter, compared to the consensus estimate of $92.27 billion. During the same quarter in the prior year, the firm posted $1.05 EPS. The company's revenue for the quarter was up 105.9% compared to the same quarter last year. As a group, research analysts expect that NVIDIA Corporation will post 9.1 EPS for the current year.

NVIDIA Announces Dividend

The company also recently announced a quarterly dividend, which will be paid on Thursday, October 1st. Investors of record on Thursday, September 10th will be paid a dividend of $0.25 per share. This represents a $1.00 dividend on an annualized basis and a yield of 0.4%. The ex-dividend date of this dividend is Thursday, September 10th. NVIDIA's dividend payout ratio (DPR) is currently 12.64%.

NVIDIA announced that its Board of Directors has approved a stock repurchase program on Wednesday, May 20th that authorizes the company to buyback $80.00 billion in shares. This buyback authorization authorizes the computer hardware maker to buy up to 1.5% of its shares through open market purchases. Shares buyback programs are often an indication that the company's leadership believes its stock is undervalued.

Insider Buying and Selling at NVIDIA

In other NVIDIA news, EVP Timothy Teter sold 30,000 shares of the company's stock in a transaction on Monday, August 31st. The shares were sold at an average price of $217.88, for a total transaction of $6,536,400.00. Following the sale, the executive vice president owned 2,687,660 shares of the company's stock, valued at approximately $585,587,360.80. This represents a 1.10% 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. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Also, Director Mark Stevens sold 885,000 shares of the stock in a transaction dated Thursday, June 18th. The stock was sold at an average price of $210.17, for a total value of $186,000,450.00. Following the sale, the director owned 5,207,271 shares of the company's stock, valued at approximately $1,094,412,146.07. The trade was a 14.53% decrease in their ownership of the stock. Additional details regarding this sale are available in the official SEC disclosure. In the last 90 days, insiders sold 1,563,501 shares of company stock worth $335,380,530. 3.94% of the stock is owned by company insiders.

NVIDIA Company Profile

NVIDIA Corporation, founded in 1993 and headquartered in Santa Clara, California, is a global technology company that designs and develops graphics processing units (GPUs) and system-on-chip (SoC) technologies. Co-founded by Jensen Huang, who serves as president and chief executive officer, along with Chris Malachowsky and Curtis Priem, NVIDIA has grown from a graphics-focused chipmaker into a broad provider of accelerated computing hardware and software for multiple industries.

The company's product portfolio spans discrete GPUs for gaming and professional visualization (marketed under the GeForce and NVIDIA RTX lines), high-performance data center accelerators used for AI training and inference (including widely adopted platforms such as the A100 and H100 series), and Tegra SoCs for automotive and edge 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.

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