Port Capital LLC Acquires New Stake in NVIDIA Corporation $NVDA

Key Points

• Port Capital LLC acquired 4,359 NVIDIA shares during the second quarter, worth approximately $872,000. Institutional investors and hedge funds collectively own 65.27% of NVIDIA.
• NVIDIA reported quarterly revenue of $96.22 billion and earnings of $2.22 per share, exceeding analyst expectations, while revenue rose 105.9% year over year. The board also authorized a $150 billion share-repurchase program.
• Wall Street remains bullish, with an average “Buy” rating and a consensus price target of $321.89, though insiders sold approximately $399.5 million of stock during the quarter.

Port Capital LLC purchased a new stake in shares of NVIDIA Corporation (NASDAQ:NVDA - Free Report) during the 2nd quarter, according to its most recent filing with the Securities and Exchange Commission. The firm purchased 4,359 shares of the computer hardware maker's stock, valued at approximately $872,000.

Several other institutional investors and hedge funds have also added to or reduced their stakes in NVDA. Windsor Advisory Group LLC grew its position in NVIDIA by 208.1% during the 2nd quarter. Windsor Advisory Group LLC now owns 39,204 shares of the computer hardware maker's stock worth $7,844,000 after purchasing an additional 26,478 shares in the last quarter. Fund 1 Investments LLC raised its stake in shares of NVIDIA by 160.9% during the 2nd quarter. Fund 1 Investments LLC now owns 60,000 shares of the computer hardware maker's stock worth $12,005,000 after purchasing an additional 37,000 shares in the last quarter. Freestone Grove Partners LP acquired a new stake in NVIDIA in the second quarter valued at approximately $7,035,000. Odyssean LLC boosted its holdings in NVIDIA by 77.4% in the second quarter. Odyssean LLC now owns 14,488 shares of the computer hardware maker's stock worth $2,899,000 after purchasing an additional 6,321 shares in the last quarter. Finally, Roberts Glore & Co. Inc. IL lifted its holdings in NVIDIA by 10.0% in the 2nd quarter. Roberts Glore & Co. Inc. IL now owns 29,225 shares of the computer hardware maker's stock worth $5,848,000 after purchasing an additional 2,660 shares during the last quarter. 65.27% of the stock is owned by institutional investors and hedge funds.

Insider Activity at NVIDIA

In other news, EVP Timothy S. Teter sold 30,460 shares of the stock in a transaction dated Monday, September 21st. The shares were sold at an average price of $222.80, for a total transaction of $6,786,488.00. Following the completion of the transaction, the executive vice president directly owned 2,687,660 shares in the company, valued at $598,810,648. This represents a 1.12% decrease in their position. The transaction was disclosed in a filing with the SEC, which is available at the SEC website. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Also, Director Mark A. Stevens sold 622,239 shares of the 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 transaction, the director directly owned 2,336,531 shares of the company's stock, 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. In the last quarter, insiders have sold 1,766,118 shares of company stock valued at $399,450,353. 3.94% of the stock is owned by insiders.

Wall Street Analysts Forecast Growth

A number of analysts have issued reports on NVDA shares. Citigroup reaffirmed a "buy" rating and issued a $315.00 target price (up from $300.00) on shares of NVIDIA in a report on Thursday, August 27th. Cantor Fitzgerald reaffirmed an "overweight" rating and set a $350.00 price objective on shares of NVIDIA in a research note on Thursday, October 1st. Royal Bank Of Canada raised their target price on NVIDIA from $300.00 to $330.00 and gave the company an "outperform" rating in a research note on Thursday, August 27th. Truist Financial lifted their price target on NVIDIA from $307.00 to $346.00 and gave the company a "buy" rating in a report on Thursday, August 27th. Finally, KeyCorp reiterated an "overweight" rating and set a $330.00 price target on shares of NVIDIA in a research report on Monday, August 24th. Five investment analysts have rated the stock with a Strong Buy rating, forty-nine have assigned a Buy rating and one has assigned a Hold rating to the stock. Based on data from MarketBeat.com, NVIDIA currently has an average rating of "Buy" and a consensus price target of $321.89.

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

NVIDIA Price Performance

NVDA opened at $229.28 on Monday. The company has a debt-to-equity ratio of 0.14, a quick ratio of 3.85 and a current ratio of 4.59. NVIDIA Corporation has a 52 week low of $164.27 and a 52 week high of $243.37. The company has a fifty day moving average price of $222.66 and a two-hundred day moving average price of $209.66. The firm has a market capitalization of $5.53 trillion, a PE 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 released its quarterly earnings data on Wednesday, August 26th. The computer hardware maker reported $2.22 earnings per share for the quarter, topping the consensus estimate of $2.09 by $0.13. The business 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%. NVIDIA's quarterly revenue was up 105.9% compared to the same quarter last year. During the same quarter last year, the firm earned $1.05 EPS. As a group, analysts anticipate that NVIDIA Corporation will post 9.25 earnings per share for the current year.

NVIDIA announced that its board has initiated a stock repurchase plan on Monday, September 28th that allows the company to buy back $150.00 billion in outstanding shares. This repurchase authorization allows the computer hardware maker to purchase up to 2.8% of its shares through open market purchases. Stock repurchase plans are typically a sign that the company's board believes its stock is undervalued.

NVIDIA Dividend Announcement

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

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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