Palisade Capital Management LP Acquires 28,724 Shares of NVIDIA Corporation $NVDA

Key Points

• Palisade Capital Management increased its NVIDIA position by 11.3%, purchasing 28,724 additional shares to hold 282,019 shares valued at approximately $56.4 million. Institutional investors and hedge funds collectively own 65.27% of NVIDIA.
• NVIDIA reported quarterly EPS and revenue above analyst expectations, with revenue rising 105.9% year over year. Analysts maintain a consensus “Buy” rating, though price targets vary widely.
• NVIDIA authorized a $150 billion share-repurchase program, while insiders sold roughly 1.77 million shares worth $399.5 million over the past three months.

Palisade Capital Management LP boosted its holdings in shares of NVIDIA Corporation (NASDAQ:NVDA - Free Report) by 11.3% in the second quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The firm owned 282,019 shares of the computer hardware maker's stock after purchasing an additional 28,724 shares during the period. NVIDIA comprises 2.5% of Palisade Capital Management LP's portfolio, making the stock its 3rd biggest holding. Palisade Capital Management LP's holdings in NVIDIA were worth $56,429,000 as of its most recent SEC filing.

A number of other institutional investors also recently added to or reduced their stakes in NVDA. LightSquare Wealth Management LLC raised its holdings in NVIDIA by 0.3% in the 2nd quarter. LightSquare Wealth Management LLC now owns 18,695 shares of the computer hardware maker's stock valued at $3,741,000 after acquiring an additional 49 shares during the period. Defender Capital LLC. lifted its position in NVIDIA by 0.7% during the second quarter. Defender Capital LLC. now owns 7,534 shares of the computer hardware maker's stock worth $1,507,000 after acquiring an additional 50 shares during the last quarter. Kooman & Associates lifted its position in NVIDIA by 0.6% during the second quarter. Kooman & Associates now owns 8,464 shares of the computer hardware maker's stock worth $1,694,000 after acquiring an additional 50 shares during the last quarter. Roof Eidam Maycock Peralta LLC boosted its holdings in shares of NVIDIA by 0.3% during the second quarter. Roof Eidam Maycock Peralta LLC now owns 18,827 shares of the computer hardware maker's stock worth $3,767,000 after acquiring an additional 50 shares during the period. Finally, Persium Advisors LLC boosted its holdings in shares of NVIDIA by 3.5% during the second quarter. Persium Advisors LLC now owns 1,466 shares of the computer hardware maker's stock worth $293,000 after acquiring an additional 50 shares during the period. 65.27% of the stock is owned by institutional investors and hedge funds.

Trending Headlines about NVIDIA

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

Wall Street Analyst Weigh In

NVDA has been the topic of several research reports. Daiwa Securities Group decreased their target price on NVIDIA from $255.00 to $245.00 and set an "outperform" rating on the stock in a research report on Thursday, September 17th. Itau BBA Securities dropped their price target on NVIDIA from $256.00 to $218.00 in a report on Wednesday, June 24th. Mizuho set a $315.00 price target on NVIDIA and gave the stock an "outperform" rating in a report on Thursday, August 27th. Morgan Stanley set a $230.00 price target on NVIDIA in a research note on Friday, October 2nd. Finally, TD Cowen reissued a "buy" rating on shares of NVIDIA in a report on Tuesday, August 18th. 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 company's stock. According to MarketBeat.com, the company currently has a consensus rating of "Buy" and an average target price of $321.89.

Insider Transactions at NVIDIA

In related news, Director Mark A. Stevens sold 622,239 shares of the firm's stock in a transaction that occurred on Friday, September 4th. The shares were sold at an average price of $231.62, for a total value of $144,122,997.18. Following the completion of the transaction, the director owned 2,336,531 shares in the company, valued at $541,187,310.22. This trade represents a 21.03% decrease in their position. The sale was disclosed in a filing with the Securities & Exchange Commission, which is available through this hyperlink. Also, CFO Colette Kress sold 34,918 shares of NVIDIA stock in a transaction that occurred on Thursday, September 17th. The stock was sold at an average price of $219.05, for a total transaction 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. This represents a 4.36% decrease in their ownership of the stock. 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 three months, insiders have sold 1,766,118 shares of company stock worth $399,450,353. Insiders own 3.94% of the company's stock.

NVIDIA Trading Down 0.5%

Shares of NVDA stock opened at $229.28 on Friday. The firm has a market capitalization of $5.53 trillion, a P/E ratio of 28.99, a P/E/G ratio of 1.77 and a beta of 2.22. NVIDIA Corporation has a twelve month low of $164.27 and a twelve month high of $243.37. The company has a quick ratio of 3.85, a current ratio of 4.59 and a debt-to-equity ratio of 0.14. The stock's fifty day simple moving average is $222.66 and its 200 day simple moving average is $209.43.

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 (EPS) for the quarter, topping 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% compared to the same quarter last year. During the same quarter in the prior year, the firm earned $1.05 EPS. As a group, sell-side analysts predict that NVIDIA Corporation will post 9.25 EPS for the current fiscal year.

NVIDIA Dividend Announcement

The company also recently declared a quarterly dividend, which was paid on Thursday, October 1st. Stockholders of record on Thursday, September 10th were issued 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 12.64%.

NVIDIA declared that its board has initiated a stock buyback plan on Monday, September 28th that allows the company to repurchase $150.00 billion in outstanding shares. This buyback authorization allows the computer hardware maker to repurchase up to 2.8% of its shares through open market purchases. Share buyback plans are generally a sign that the company's management 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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