Romano Brothers AND Company Has $11.52 Million Stock Position in NVIDIA Corporation $NVDA

Key Points

• Romano Brothers increased its NVIDIA stake by 5.7% in the second quarter, holding 57,586 shares worth approximately $11.52 million. NVIDIA represents 1.2% of the firm’s portfolio, while institutional investors and hedge funds own 65.27% of the stock.
• NVIDIA reported exceptional quarterly results, with revenue rising 105.9% year over year to $96.22 billion and EPS of $2.22, exceeding estimates. Analysts maintain a consensus “Buy” rating with an average price target of $324.34, supported by strong AI infrastructure demand and the company’s $80 billion buyback authorization.
• Investor risks include elevated valuation, increased competition, macroeconomic pressure and a reported DOJ investigation into NVIDIA’s licensing arrangement with Groq. Insiders have also sold 2.59 million shares worth approximately $571 million over the past 90 days.

Romano Brothers AND Company lifted its stake in shares of NVIDIA Corporation (NASDAQ:NVDA - Free Report) by 5.7% during the second quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The institutional investor owned 57,586 shares of the computer hardware maker's stock after purchasing an additional 3,098 shares during the quarter. NVIDIA comprises 1.2% of Romano Brothers AND Company's investment portfolio, making the stock its 15th biggest holding. Romano Brothers AND Company's holdings in NVIDIA were worth $11,522,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

Several other large investors also recently made changes to their positions in NVDA. Lifetime Wealth Management P.C. acquired a new stake in NVIDIA in the fourth quarter valued at approximately $26,000. Longview Financial Advisors Inc. acquired a new position in shares of NVIDIA during the first quarter worth approximately $27,000. Longfellow Investment Management Co. LLC raised its position in shares of NVIDIA by 47.9% during the second quarter. Longfellow Investment Management Co. LLC now owns 207 shares of the computer hardware maker's stock worth $33,000 after purchasing an additional 67 shares during the period. Phillip James Consulting Co. bought a new position in shares of NVIDIA in the 1st quarter worth $40,000. Finally, Spurstone Advisory Services LLC bought a new position in shares of NVIDIA in the 2nd quarter worth $40,000. 65.27% of the stock is currently owned by institutional investors and hedge funds.

Key NVIDIA News

Here are the key news stories impacting NVIDIA this week:

• Positive Sentiment: NVIDIA’s AI growth outlook remains exceptionally strong. CEO Jensen Huang said revenue could grow roughly 70% next year, while the company’s next-generation Rubin platform is already shipping. Recent quarterly revenue reached $96.2 billion, up about 106% year over year, exceeding estimates and reinforcing expectations for continued data-center demand. Nvidia Has $96 Billion in Quarterly Revenue
• Positive Sentiment: Microsoft reportedly plans to more than triple its data-center capacity, a potentially significant demand catalyst for NVIDIA’s GPUs, networking products and full-stack systems. Strong August revenue growth at manufacturing partner TSMC also signals that AI-chip orders remain robust. Microsoft Data Center Expansion
• Positive Sentiment: NVIDIA is expanding its ecosystem through a planned Australian AI-infrastructure buildout of up to 2 gigawatts by 2027, partnerships with Palantir for sovereign supply-chain AI, and adoption of its chip-linking technology by d-Matrix. These initiatives broaden demand beyond traditional hyperscalers. Australian AI Infrastructure Expansion
• Neutral Sentiment: Competition and valuation remain investor concerns. Positron AI raised $875 million to develop memory-based inference technology that could challenge NVIDIA’s software and hardware advantage, while AMD and Broadcom are being promoted as alternative AI investments. High Treasury yields also make NVIDIA’s elevated valuation more difficult to justify.
• Negative Sentiment: The Justice Department is reportedly investigating whether NVIDIA’s licensing arrangement with AI-chip startup Groq was structured to avoid antitrust scrutiny. Any regulatory action could limit strategic flexibility or increase legal uncertainty. DOJ Groq Licensing Investigation
• Negative Sentiment: Insider selling is weighing on sentiment: director Mark Stevens reportedly sold hundreds of thousands of shares, and broader recent filings show substantial insider sales with no reported purchases. The transactions do not prove weakening fundamentals, but they can encourage profit-taking after the stock’s strong rally.
• Negative Sentiment: Higher oil prices, rising bond yields and a hotter inflation reading have pressured technology stocks broadly. These macro forces, combined with concerns about AI-capital-spending sustainability and fresh regulatory scrutiny, help explain why NVIDIA has decreased despite strong company-specific news.

Analyst Upgrades and Downgrades

A number of analysts have commented on NVDA shares. Argus boosted their price target on shares of NVIDIA from $220.00 to $270.00 and gave the company a "buy" rating in a research note on Thursday, May 21st. Cantor Fitzgerald reaffirmed an "overweight" rating and issued a $350.00 price objective on shares of NVIDIA in a research note on Monday, August 24th. Sanford C. Bernstein reiterated an "outperform" rating and set a $400.00 price objective (up from $315.00) on shares of NVIDIA in a report on Thursday, August 27th. New Street Research reduced their price objective on shares of NVIDIA from $343.00 to $340.00 in a report on Thursday, May 21st. Finally, Truist Financial boosted their target price on shares of NVIDIA from $307.00 to $346.00 and gave the stock a "buy" rating in a research report on Thursday, August 27th. Two research analysts have rated the stock with a Strong Buy rating, fifty-one have issued a Buy rating and two have issued a Hold rating to the company. Based on data from MarketBeat.com, the company currently has a consensus rating of "Buy" and a consensus target price of $324.34.

Insider Activity

In other NVIDIA news, Director Mark Stevens sold 885,000 shares of the company's stock in a transaction dated Thursday, June 18th. The shares were sold at an average price of $210.17, for a total value of $186,000,450.00. Following the completion of the sale, the director directly owned 5,207,271 shares of the company's stock, valued at approximately $1,094,412,146.07. This represents a 14.53% decrease in their position. The sale was disclosed in a document filed with the SEC, which is accessible through the SEC website. Also, EVP Timothy Teter sold 30,000 shares of the stock in a transaction dated Monday, August 31st. The shares were 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 owned 2,687,660 shares of the company's stock, valued at approximately $585,587,360.80. This trade represents a 1.10% decrease in their position. The disclosure for this sale is available in the SEC filing. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Over the last 90 days, insiders have sold 2,585,740 shares of company stock worth $571,015,527. 3.94% of the stock is owned by corporate insiders.

NVIDIA Trading Down 2.4%

NASDAQ NVDA opened at $218.36 on Friday. 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 business has a fifty day simple moving average of $212.82 and a 200 day simple moving average of $203.23. NVIDIA Corporation has a 12 month low of $164.27 and a 12 month high of $236.54. The firm has a market capitalization of $5.26 trillion, a P/E ratio of 27.61, a PEG ratio of 1.75 and a beta of 2.22.

NVIDIA (NASDAQ:NVDA - Get Free Report) last posted its quarterly earnings data on Wednesday, August 26th. The computer hardware maker reported $2.22 earnings per share (EPS) for the quarter, topping analysts' consensus estimates 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 the consensus estimate of $92.27 billion. During the same period in the previous year, the firm earned $1.05 EPS. The business's revenue for the quarter was up 105.9% compared to the same quarter last year. On average, analysts predict that NVIDIA Corporation will post 9.1 EPS for the current fiscal year.

NVIDIA Dividend Announcement

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

NVIDIA announced that its Board of Directors has approved a share buyback plan on Wednesday, May 20th that allows the company to buyback $80.00 billion in shares. This buyback authorization allows the computer hardware maker to repurchase up to 1.5% of its shares through open market purchases. Shares buyback plans are typically a sign that the company's management believes its stock is undervalued.

NVIDIA 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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