Petra Financial Advisors Inc. Increases Stock Holdings in NVIDIA Corporation $NVDA

Key Points

• Petra Financial Advisors increased its NVIDIA stake by 36.2% in the second quarter, adding 5,534 shares to own 20,809 shares valued at approximately $4.16 million. NVIDIA now represents about 1.9% of the firm’s portfolio.
• Analysts remain broadly bullish, with NVIDIA holding a consensus “Buy” rating and an average price target of $324.34. The company recently reported quarterly revenue of $96.22 billion, up 105.9% year over year, and earnings that exceeded estimates.
• NVIDIA insiders sold substantial amounts of stock, including CFO Colette Kress’s $7.65 million sale and director Mark Stevens’s $144.1 million sale; insiders sold $392.7 million worth of shares over the past three months.

Petra Financial Advisors Inc. increased its holdings in NVIDIA Corporation (NASDAQ:NVDA - Free Report) by 36.2% in the 2nd quarter, according to the company in its most recent filing with the Securities and Exchange Commission (SEC). The institutional investor owned 20,809 shares of the computer hardware maker's stock after acquiring an additional 5,534 shares during the quarter. NVIDIA comprises about 1.9% of Petra Financial Advisors Inc.'s investment portfolio, making the stock its 13th biggest holding. Petra Financial Advisors Inc.'s holdings in NVIDIA were worth $4,164,000 at the end of the most recent quarter.

A number of other hedge funds also recently added to or reduced their stakes in NVDA. Lifetime Wealth Management P.C. bought a new position in shares of NVIDIA during the fourth quarter valued at $26,000. Longview Financial Advisors Inc. bought a new stake in NVIDIA in the 1st quarter worth about $27,000. Phillip James Consulting Co. purchased a new position in NVIDIA in the 1st quarter worth about $40,000. Syntax Research Inc. raised its position in NVIDIA by 62.5% in the 4th quarter. Syntax Research Inc. now owns 260 shares of the computer hardware maker's stock worth $49,000 after buying an additional 100 shares during the last quarter. Finally, Frankly Finances LLC bought a new position in NVIDIA during the 2nd quarter valued at about $60,000. 65.27% of the stock is currently owned by hedge funds and other institutional investors.

Wall Street Analysts Forecast Growth

Several research analysts have recently weighed in on NVDA shares. Cantor Fitzgerald reissued an "overweight" rating and set a $350.00 price objective on shares of NVIDIA in a report on Monday, August 24th. Evercore set a $465.00 price target on NVIDIA and gave the company an "outperform" rating in a report on Thursday, August 27th. Rosenblatt Securities restated a "buy" rating and issued a $390.00 price target on shares of NVIDIA in a research note on Friday, September 4th. Citic Securities boosted their price target on NVIDIA from $242.00 to $315.00 and gave the company a "buy" rating in a research note on Friday, May 22nd. Finally, Jefferies Financial Group reiterated a "buy" rating on shares of NVIDIA in a research note on Wednesday, August 26th. Three investment analysts have rated the stock with a Strong Buy rating, fifty have issued a Buy rating and two have issued a Hold rating to the company's stock. According to data from MarketBeat, NVIDIA currently has an average rating of "Buy" and a consensus target price of $324.34.

Insider Transactions at NVIDIA

In other NVIDIA news, CFO Colette Kress sold 34,918 shares of the firm's 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 completion of the transaction, the chief financial officer owned 765,103 shares in the company, valued at $167,595,812.15. This trade represents a 4.36% decrease in their position. The transaction was disclosed in a filing with the SEC, which is available through this link. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Also, Director Mark Stevens sold 622,239 shares of the company's stock in a transaction that occurred on Friday, September 4th. The stock was sold at an average price of $231.62, for a total value of $144,122,997.18. Following the sale, the director directly owned 2,336,531 shares in the company, valued at $541,187,310.22. This trade represents a 21.03% decrease in their ownership of the stock. The disclosure for this sale is available in the SEC filing. Over the last three months, insiders have sold 1,735,658 shares of company stock valued at $392,663,865. 3.94% of the stock is currently owned by insiders.

NVIDIA News Summary

Here are the key news stories impacting NVIDIA this week:

• Positive Sentiment: CEO Jensen Huang said NVIDIA expects to sell roughly twice as many chips next year, reinforcing expectations that hyperscaler spending on AI data centers remains strong. The forecast includes demand for GPUs, CPUs, networking equipment and complete server racks. Nvidia Chip Sales Could Double Next Year, CEO Jensen Huang Says
• Positive Sentiment: Analysts and market commentators increasingly view NVIDIA as attractively valued relative to its growth. Its scale, diversified AI exposure, high profitability and lower forward valuation multiple give it an advantage over peers such as Credo, while some estimates suggest revenue growth could remain near 70% in fiscal 2028. Credo vs. NVIDIA After Earnings
• Positive Sentiment: AI infrastructure demand is expanding beyond processors into high-bandwidth memory and optical networking. NVIDIA has identified memory and silicon photonics as potential bottlenecks and has committed capital and purchase agreements involving suppliers such as Coherent and Lumentum, signaling sustained demand throughout its supply chain.
• Positive Sentiment: New ecosystem activity supports NVIDIA’s long-term growth narrative. Cloud partner CoreWeave is deploying next-generation Vera Rubin clusters, while NVIDIA-backed Nscale filed for a U.S. IPO. NVIDIA technology is also being used in autonomous trading systems, quantum-computing research and planned enterprise augmented-reality products.
• Neutral Sentiment: Speculative initiatives, including potential orbital data centers with SpaceX and NVIDIA’s quantum-computing software, could create future demand but are unlikely to materially affect near-term revenue.
• Negative Sentiment: Investors remain alert to competition from Huawei’s planned 2027 Ascend chips, possible AI-spending deceleration, rising memory costs that could pressure gross margins, and the effects of higher interest rates. The stock’s elevated valuation and dependence on continued hyperscaler capital expenditure also leave it sensitive to disappointing guidance.

NVIDIA Stock Performance

NASDAQ:NVDA opened at $222.27 on Friday. NVIDIA Corporation has a 12-month low of $164.27 and a 12-month high of $236.54. The company has a current ratio of 4.59, a quick ratio of 3.85 and a debt-to-equity ratio of 0.14. The stock has a market capitalization of $5.36 trillion, a P/E ratio of 28.10, a P/E/G ratio of 1.69 and a beta of 2.22. The stock has a 50-day moving average price of $214.66 and a 200 day moving average price of $204.29.

NVIDIA (NASDAQ:NVDA - Get Free Report) last released its quarterly earnings data on Wednesday, August 26th. The computer hardware maker reported $2.22 earnings per share (EPS) for the quarter, beating the consensus estimate of $2.09 by $0.13. NVIDIA had a net margin of 63.66% and a return on equity of 96.04%. The firm had revenue of $96.22 billion for the quarter, compared to analysts' expectations of $92.27 billion. During the same quarter last year, the business posted $1.05 earnings per share. The company's revenue for the quarter was up 105.9% compared to the same quarter last year. Equities research analysts forecast that NVIDIA Corporation will post 9.25 EPS for the current fiscal year.

NVIDIA Announces Dividend

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

About NVIDIA

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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