Pinnacle Family Advisors LLC Sells 2,689 Shares of NVIDIA Corporation $NVDA

Key Points

• Pinnacle Family Advisors LLC reduced its NVIDIA stake by 6.9%, selling 2,689 shares and retaining 36,428 shares valued at approximately $7.29 million.
• Institutional investors own 65.27% of NVIDIA, while insiders sold about $399.5 million worth of shares over the past three months, primarily through pre-arranged Rule 10b5-1 plans.
• NVIDIA reported quarterly earnings and revenue above analyst expectations and authorized a $150 billion share-repurchase program. Analysts remain bullish, with a consensus “Buy” rating and an average price target of $321.89.

Pinnacle Family Advisors LLC lowered its stake in NVIDIA Corporation (NASDAQ:NVDA - Free Report) by 6.9% during the 2nd quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission. The firm owned 36,428 shares of the computer hardware maker's stock after selling 2,689 shares during the period. NVIDIA makes up approximately 3.1% of Pinnacle Family Advisors LLC's holdings, making the stock its 10th largest holding. Pinnacle Family Advisors LLC's holdings in NVIDIA were worth $7,289,000 as of its most recent SEC filing.

A number of other hedge funds and other institutional investors also recently modified their holdings of NVDA. J. Stern & Co. LLP increased its stake in NVIDIA by 13,709.1% in the 4th quarter. J. Stern & Co. LLP now owns 125,760,307 shares of the computer hardware maker's stock worth $23,454,297,000 after purchasing an additional 124,849,603 shares during the period. Jupiter Topco LLC bought a new stake in NVIDIA in the second quarter valued at approximately $16,156,076,000. Amundi boosted its stake in shares of NVIDIA by 10.4% during the first quarter. Amundi now owns 133,768,018 shares of the computer hardware maker's stock valued at $23,329,141,000 after purchasing an additional 12,575,177 shares during the period. SEB Asset Management AB purchased a new stake in shares of NVIDIA during the first quarter valued at approximately $1,692,807,000. Finally, Employees Provident Fund Board purchased a new stake in shares of NVIDIA during the fourth quarter valued at approximately $1,243,336,000. Institutional investors own 65.27% of the company's stock.

Insiders Place Their Bets

In other NVIDIA news, EVP Timothy S. Teter sold 30,460 shares of the company's stock in a transaction that occurred on Monday, September 21st. The stock was sold at an average price of $222.80, for a total transaction of $6,786,488.00. Following the transaction, the executive vice president owned 2,687,660 shares in the company, valued at approximately $598,810,648. This represents a 1.12% decrease in their position. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is accessible through the SEC website. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Also, CFO Colette Kress sold 34,918 shares of the company'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 value of $7,648,787.90. Following 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. 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. Insiders sold 1,766,118 shares of company stock worth $399,450,353 over the last three months. Company insiders own 3.94% of the company's stock.

NVIDIA Stock Performance

NASDAQ:NVDA opened at $229.28 on Monday. The company has a 50-day moving average price of $222.66 and a 200-day moving average price of $209.66. NVIDIA Corporation has a 12 month low of $164.27 and a 12 month high of $243.37. 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 cap of $5.53 trillion, a price-to-earnings ratio of 28.99, a P/E/G ratio of 1.77 and a beta of 2.22.

NVIDIA (NASDAQ:NVDA - Get Free Report) last announced 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. The firm had revenue of $96.22 billion for the quarter, compared to analyst estimates of $92.27 billion. NVIDIA had a net margin of 63.66% and a return on equity of 96.04%. The company's revenue for the quarter was up 105.9% compared to the same quarter last year. During the same quarter in the previous year, the firm posted $1.05 EPS. Equities analysts predict that NVIDIA Corporation will post 9.25 EPS for the current year.

NVIDIA declared that its Board of Directors has initiated a share repurchase plan on Monday, September 28th that allows the company to repurchase $150.00 billion in shares. This buyback authorization allows the computer hardware maker to reacquire up to 2.8% of its stock through open market purchases. Share buyback plans are usually an indication that the company's board of directors believes its stock is undervalued.

NVIDIA Announces Dividend

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

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

Wall Street Analysts Forecast Growth

Several brokerages have recently issued reports on NVDA. Royal Bank Of Canada raised their target price on shares of NVIDIA from $300.00 to $330.00 and gave the stock an "outperform" rating in a report on Thursday, August 27th. Piper Sandler assumed coverage on shares of NVIDIA in a report on Wednesday, September 9th. They set an "overweight" rating and a $300.00 price target for the company. JPMorgan Chase & Co. increased their price target on shares of NVIDIA from $280.00 to $320.00 and gave the company an "overweight" rating in a research report on Thursday, August 27th. Itau BBA Securities dropped their price target on shares of NVIDIA from $256.00 to $218.00 in a research report on Wednesday, June 24th. Finally, Rothschild & Co Redburn raised their price target on shares of NVIDIA from $300.00 to $325.00 in a report on Thursday, August 27th. Five investment analysts have rated the stock with a Strong Buy rating, forty-nine have assigned a Buy rating and one has issued a Hold rating to the stock. Based on data from MarketBeat, the company has a consensus rating of "Buy" and an average price target of $321.89.

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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