Peddock Capital Advisors LLC Has $64.91 Million Stake in NVIDIA Corporation $NVDA

Key Points

• Peddock Capital Advisors reduced its NVIDIA stake by 8.5% in the second quarter, selling 30,016 shares. It still held 324,409 shares worth approximately $64.91 million, representing 13% of its portfolio.
• NVIDIA exceeded quarterly expectations, reporting $2.22 in EPS and $96.22 billion in revenue, with revenue up 105.9% year over year. The company also authorized an $80 billion share-repurchase program and declared a quarterly dividend of $0.25 per share.
• Analysts remain broadly bullish, with an average “Buy” rating and a $324.34 price target, although valuation, insider selling and potential regulatory scrutiny of NVIDIA’s Groq licensing arrangement remain key risks.

Peddock Capital Advisors LLC trimmed its stake in shares of NVIDIA Corporation (NASDAQ:NVDA - Free Report) by 8.5% in the 2nd quarter, according to its most recent disclosure with the SEC. The institutional investor owned 324,409 shares of the computer hardware maker's stock after selling 30,016 shares during the period. NVIDIA accounts for 13.0% of Peddock Capital Advisors LLC's portfolio, making the stock its largest holding. Peddock Capital Advisors LLC's holdings in NVIDIA were worth $64,911,000 as of its most recent filing with the SEC.

A number of other institutional investors and hedge funds also recently bought and sold shares of NVDA. Lifetime Wealth Management P.C. purchased a new position in shares of NVIDIA during the fourth quarter valued at about $26,000. Longview Financial Advisors Inc. purchased a new stake in shares of NVIDIA in the first quarter worth about $27,000. Longfellow Investment Management Co. LLC lifted its position in shares of NVIDIA by 47.9% in the second quarter. Longfellow Investment Management Co. LLC now owns 207 shares of the computer hardware maker's stock worth $33,000 after buying an additional 67 shares in the last quarter. Phillip James Consulting Co. bought a new position in NVIDIA during the first quarter valued at approximately $40,000. Finally, Inspire Investing LLC bought a new position in NVIDIA during the fourth quarter valued at approximately $44,000. 65.27% of the stock is currently owned by institutional investors.

NVIDIA Trading Down 0.0%

Shares of NVDA stock opened at $218.29 on Friday. The company has a market cap of $5.26 trillion, a PE ratio of 27.60, a price-to-earnings-growth ratio of 1.71 and a beta of 2.22. NVIDIA Corporation has a 1 year low of $164.27 and a 1 year high of $236.54. The stock's 50 day simple moving average is $213.29 and its two-hundred day simple moving average is $203.33. 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 announced its earnings results 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. The firm 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 company's quarterly revenue was up 105.9% on a year-over-year basis. During the same quarter in the previous year, the business earned $1.05 EPS. Research analysts predict that NVIDIA Corporation will post 9.12 earnings per share for the current year.

NVIDIA announced that its Board of Directors has authorized a stock repurchase program on Wednesday, May 20th that allows the company to repurchase $80.00 billion in outstanding shares. This repurchase authorization allows the computer hardware maker to repurchase up to 1.5% of its stock through open market purchases. Stock repurchase programs are usually an indication that the company's board believes its stock is undervalued.

NVIDIA Dividend Announcement

The company also recently disclosed a quarterly dividend, which will be paid on Thursday, October 1st. Shareholders of record on Thursday, September 10th will be paid a dividend of $0.25 per share. This represents a $1.00 annualized dividend and a yield of 0.5%. The ex-dividend date of this dividend is Thursday, September 10th. NVIDIA's payout ratio is presently 12.64%.

Key Headlines Impacting NVIDIA

Here are the key news stories impacting NVIDIA this week:

• Positive Sentiment: Analyst upgrade and growth outlook: Piper Sandler upgraded NVIDIA to “strong buy,” while CEO Jensen Huang reiterated expectations for roughly 70% revenue growth next year and a potential $3 trillion–$4 trillion AI market by 2030. Erste Group also raised its FY2027 EPS estimate to $9.23 from $9.00. NVIDIA analyst upgrade Jensen Huang growth outlook
• Positive Sentiment: Evidence of sustained chip demand: TSMC reported August revenue growth of 53.3% year over year, signaling continued orders for AI accelerators and advanced packaging. The data supports NVIDIA’s view that hyperscaler and enterprise AI infrastructure spending remains strong. TSMC August revenue
• Positive Sentiment: Infrastructure expansion and partnerships: NVIDIA is working with Australian cloud and data-center companies on up to 2 gigawatts of AI-factory capacity by 2027. Its collaborations with Palantir on sovereign AI supply chains and d-Matrix on chip-linking technology further expand the CUDA-based ecosystem and potential future demand. NVIDIA Australia AI infrastructure d-Matrix partnership
• Neutral Sentiment: Valuation remains the central debate: Investors are weighing NVIDIA’s exceptional growth, profitability and AI leadership against a very high market capitalization and the possibility that optimistic forecasts are already reflected in the stock. Analysts continue to compare NVIDIA with Broadcom and AMD as custom silicon competition develops. NVIDIA valuation debate
• Negative Sentiment: Regulatory and sentiment risks: The Justice Department is reportedly examining NVIDIA’s licensing arrangement with Groq for possible antitrust concerns. In addition, insiders have reported substantial selling with no purchases in the past six months, while higher oil prices and Treasury yields have pressured high-growth technology shares. DOJ Groq investigation NVIDIA insider sales

Insiders Place Their Bets

In related news, Director Mark A. Stevens sold 885,000 shares of NVIDIA stock in a transaction dated Thursday, June 18th. The shares were sold at an average price of $210.17, for a total transaction of $186,000,450.00. Following the completion of the transaction, the director directly 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 position. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is accessible through the SEC website. Also, EVP Timothy S. Teter sold 30,000 shares of the stock in a transaction dated Monday, August 31st. The stock was sold at an average price of $217.88, for a total transaction of $6,536,400.00. Following the completion of the sale, the executive vice president directly owned 2,687,660 shares in the company, valued at $585,587,360.80. This trade represents a 1.10% decrease in their ownership of the stock. 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 2,585,740 shares of company stock worth $571,015,527 in the last quarter. Company insiders own 3.94% of the company's stock.

Analysts Set New Price Targets

A number of analysts have issued reports on NVDA shares. UBS Group set a $300.00 price objective on NVIDIA and gave the stock a "buy" rating in a research note on Thursday, August 27th. Raymond James Financial set a $515.00 price objective on NVIDIA and gave the stock a "strong-buy" rating in a report on Thursday, August 27th. Evercore set a $465.00 target price on NVIDIA and gave the company an "outperform" rating in a research report on Thursday, August 27th. Piper Sandler assumed coverage on shares of NVIDIA in a report on Wednesday. They issued an "overweight" rating and a $300.00 target price for the company. Finally, Seaport Research Partners boosted their price target on shares of NVIDIA from $140.00 to $180.00 and gave the stock a "sell" rating in a research report on Thursday, May 21st. Three research analysts have rated the stock with a Strong Buy rating, fifty have assigned a Buy rating and two have assigned a Hold rating to the company. Based on data from MarketBeat, the company presently has an average rating of "Buy" and an average price target of $324.34.

NVIDIA Company 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.

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