RiverPark Advisors LLC Sells 5,215 Shares of NVIDIA Corporation $NVDA

Key Points

• RiverPark Advisors reduced its NVIDIA position by 17.9%. The fund sold 5,215 shares and retained 23,919 shares worth approximately $4.8 million, with NVIDIA representing 2.2% of its portfolio.
• NVIDIA reported strong financial momentum. Quarterly EPS of $2.22 and revenue of $96.22 billion exceeded estimates, while revenue increased 105.9% year over year; analysts maintain a consensus “Buy” rating with a $324.34 price target.
• Growth prospects remain strong but risks are evident. AI infrastructure demand, Rubin systems and expansion into networking and software support the outlook, while competition, AI-spending concerns and substantial insider selling could pressure the stock.

RiverPark Advisors LLC decreased its position in shares of NVIDIA Corporation (NASDAQ:NVDA - Free Report) by 17.9% during the second quarter, according to its most recent Form 13F filing with the Securities & Exchange Commission. The fund owned 23,919 shares of the computer hardware maker's stock after selling 5,215 shares during the period. NVIDIA makes up about 2.2% of RiverPark Advisors LLC's investment portfolio, making the stock its 18th largest position. RiverPark Advisors LLC's holdings in NVIDIA were worth $4,786,000 at the end of the most recent reporting period.

Several other hedge funds and other institutional investors have also made changes to their positions in NVDA. Defender Capital LLC. grew its holdings in NVIDIA by 0.7% during the 2nd quarter. Defender Capital LLC. now owns 7,534 shares of the computer hardware maker's stock valued at $1,507,000 after purchasing an additional 50 shares during the last quarter. Kooman & Associates lifted its stake in NVIDIA by 0.6% in the second quarter. Kooman & Associates now owns 8,464 shares of the computer hardware maker's stock worth $1,694,000 after purchasing an additional 50 shares during the last quarter. Roof Eidam Maycock Peralta LLC lifted its stake in NVIDIA by 0.3% in 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 purchasing an additional 50 shares during the last quarter. Spectrum Financial Alliance Ltd LLC boosted its position in shares of NVIDIA by 3.8% during the first quarter. Spectrum Financial Alliance Ltd LLC now owns 1,395 shares of the computer hardware maker's stock valued at $243,000 after buying an additional 51 shares during the period. Finally, PFS Partners LLC grew its stake in shares of NVIDIA by 1.2% during the second quarter. PFS Partners LLC now owns 4,375 shares of the computer hardware maker's stock valued at $875,000 after buying an additional 51 shares during the last quarter. Hedge funds and other institutional investors own 65.27% of the company's stock.

Key Stories Impacting NVIDIA

Here are the key news stories impacting NVIDIA this week:

• Positive Sentiment: Management continues to defend AI spending. CEO Jensen Huang said the AI spending “flywheel” is accelerating and argued that companies, rather than new regulations, should manage AI safety. Meta CEO Mark Zuckerberg broadly supported that view, easing fears that safety concerns could trigger a development pause. NVIDIA CEO Says AI Spending Flywheel Is Really, Really Flying
• Positive Sentiment: Rubin demand is reinforcing the infrastructure story. CoreWeave brought a multi-rack NVIDIA Vera Rubin NVL72 cluster online, connecting hundreds of GPUs for large-scale training and inference. The deployment supports expectations for continued demand beyond Blackwell systems. CoreWeave Stock Gains as Nvidia Rubin Cluster Boosts AI Cloud Capacity
• Positive Sentiment: NVIDIA is expanding beyond GPUs. An energy alliance with Google and Emerald AI aims to make data centers flexible electricity customers, potentially reducing grid constraints that could otherwise limit AI capacity. NVIDIA is also supplying networking and software for Apple’s potential future AI servers. Nvidia and Google Launch Energy Alliance to Prevent AI Grid Overload
• Positive Sentiment: Quantum-computing research adds a longer-term catalyst. NVIDIA’s H200 GPU, CUDA-Q platform and cuQuantum software helped researchers reduce quantum-circuit compilation from minutes to roughly 28 seconds in larger tests, strengthening its position as an infrastructure provider for hybrid computing. IonQ and NVIDIA Just Cracked a Major Quantum Computing Bottleneck
• Neutral Sentiment: Strategic expansion could improve future monetization. Reports describe NVIDIA’s $12.9 billion acquisition of Hugging Face as a way to extend its ecosystem into AI software and models, although the deal may be expensive relative to current revenue and is unlikely to materially affect near-term results. Forget Nvidia’s Chips: Hugging Face Is the Real Reason to Own This Stock Now
• Negative Sentiment: Competition and customer bargaining power remain risks. OpenAI says it has more alternatives to NVIDIA, while AMD is pursuing large-scale chip deployments with major AI developers. Greater supplier choice could pressure NVIDIA’s pricing and market share over time. OpenAI’s CFO Just Explained Why Nvidia Is No Longer the Only Option
• Negative Sentiment: AI slowdown fears have not disappeared. Bearish investor Michael Burry continues to warn of a potential sharp decline in AI-linked stocks, while reports of insider selling and elevated valuation could encourage profit-taking if infrastructure spending moderates. Michael Burry Predicts a Possible 1987-Style Drop

NVIDIA Stock Up 0.8%

NASDAQ:NVDA opened at $213.90 on Thursday. 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 Corporation has a 1-year low of $164.27 and a 1-year high of $236.54. The company has a 50-day moving average of $214.10 and a 200 day moving average of $203.86. The firm has a market cap of $5.15 trillion, a PE ratio of 27.04, a price-to-earnings-growth ratio of 1.66 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 (EPS) 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 the consensus estimate of $92.27 billion. NVIDIA had a net margin of 63.66% and a return on equity of 96.04%. The company's quarterly revenue was up 105.9% on a year-over-year basis. During the same period last year, the firm earned $1.05 earnings per share. As a group, research analysts anticipate that NVIDIA Corporation will post 9.12 EPS for the current fiscal year.

NVIDIA declared that its Board of Directors has initiated a stock buyback plan on Wednesday, May 20th that allows the company to buyback $80.00 billion in outstanding shares. This buyback authorization allows the computer hardware maker to purchase up to 1.5% of its shares through open market purchases. Shares buyback plans are often a sign that the company's board of directors believes its stock is undervalued.

NVIDIA Announces Dividend

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

Insider Transactions at NVIDIA

In other NVIDIA news, EVP Timothy S. Teter sold 30,000 shares of the business's stock in a transaction dated Monday, August 31st. The shares were sold at an average price of $217.88, for a total value of $6,536,400.00. Following the completion of the transaction, the executive vice president directly owned 2,687,660 shares in the company, valued at approximately $585,587,360.80. The trade was a 1.10% decrease in their ownership of the stock. The sale was disclosed in a document filed with the SEC, which can be accessed through 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 dated Friday, September 4th. The shares were sold at an average price of $231.62, for a total transaction of $144,122,997.18. Following the sale, the director directly owned 2,336,531 shares of the company's stock, valued at approximately $541,187,310.22. The trade was a 21.03% decrease in their ownership of the stock. Additional details regarding this sale are available in the official SEC disclosure. In the last ninety days, insiders have sold 1,700,740 shares of company stock worth $385,015,077. 3.94% of the stock is owned by corporate insiders.

Wall Street Analysts Forecast Growth

NVDA has been the topic of several recent analyst reports. DZ Bank reiterated a "buy" rating on shares of NVIDIA in a report on Wednesday, August 26th. BMO Capital Markets set a $340.00 price objective on NVIDIA and gave the company an "outperform" rating in a research report on Thursday, August 20th. JPMorgan Chase & Co. increased their target price on NVIDIA from $280.00 to $320.00 and gave the stock an "overweight" rating in a research note on Thursday, August 27th. Piper Sandler began coverage on NVIDIA in a research report on Wednesday, September 9th. They set an "overweight" rating and a $300.00 target price for the company. Finally, Royal Bank Of Canada boosted their target price on shares of NVIDIA from $300.00 to $330.00 and gave the company an "outperform" rating in a research note on Thursday, August 27th. Three equities research analysts have rated the stock with a Strong Buy rating, fifty have given a Buy rating and two have given a Hold rating to the company. According to data from MarketBeat.com, NVIDIA has a consensus rating of "Buy" and a consensus price target of $324.34.

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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