Simplicity Wealth LLC Acquires 94,819 Shares of NVIDIA Corporation $NVDA

Key Points

• Simplicity Wealth increased its NVIDIA stake by 52.1% in the second quarter, acquiring 94,819 shares and bringing its total holdings to 276,909 shares valued at approximately $55.4 million.
• Institutional ownership remains substantial at 65.27%, while analysts maintain a consensus “Buy” rating with an average price target of $324.14.
• NVIDIA reported quarterly earnings and revenue above expectations, with revenue up 105.9% year over year. The company also authorized a $150 billion share-repurchase program, although insiders have sold more than 1.7 million shares over the past 90 days.

Simplicity Wealth LLC raised its holdings in NVIDIA Corporation (NASDAQ:NVDA - Free Report) by 52.1% during the 2nd quarter, according to its most recent disclosure with the Securities & Exchange Commission. The firm owned 276,909 shares of the computer hardware maker's stock after buying an additional 94,819 shares during the period. NVIDIA comprises approximately 1.9% of Simplicity Wealth LLC's investment portfolio, making the stock its 9th biggest holding. Simplicity Wealth LLC's holdings in NVIDIA were worth $55,407,000 at the end of the most recent quarter.

Other hedge funds and other institutional investors also recently made changes to their positions in the company. Baxter Bros Inc. boosted its stake in shares of NVIDIA by 51.7% during the 2nd quarter. Baxter Bros Inc. now owns 15,307 shares of the computer hardware maker's stock worth $3,063,000 after acquiring an additional 5,220 shares during the period. Trivium Point Advisory LLC raised its stake in NVIDIA by 44.4% in the 2nd quarter. Trivium Point Advisory LLC now owns 247,081 shares of the computer hardware maker's stock valued at $49,438,000 after acquiring an additional 75,934 shares during the period. First National Bank & Trust Co. of Newtown raised its stake in NVIDIA by 2.2% in the 2nd quarter. First National Bank & Trust Co. of Newtown now owns 13,573 shares of the computer hardware maker's stock valued at $2,725,000 after acquiring an additional 293 shares during the period. AMS Capital Ltda lifted its holdings in NVIDIA by 370.5% during the 2nd quarter. AMS Capital Ltda now owns 173,181 shares of the computer hardware maker's stock valued at $34,652,000 after purchasing an additional 136,371 shares during the last quarter. Finally, Chase Investment Counsel Corp lifted its holdings in NVIDIA by 5.3% during the 2nd quarter. Chase Investment Counsel Corp now owns 95,962 shares of the computer hardware maker's stock valued at $19,201,000 after purchasing an additional 4,802 shares during the last quarter. 65.27% of the stock is currently owned by institutional investors.

Wall Street Analysts Forecast Growth

Several research firms have commented on NVDA. HSBC upped their price objective on shares of NVIDIA from $360.00 to $365.00 in a report on Thursday, August 27th. Rosenblatt Securities restated a "buy" rating and set a $390.00 target price on shares of NVIDIA in a research note on Tuesday. Phillip Securities lifted their target price on shares of NVIDIA from $285.00 to $300.00 and gave the stock a "buy" rating in a report on Monday, August 31st. Wall Street Zen lowered shares of NVIDIA from a "strong-buy" rating to a "buy" rating in a research note on Saturday. Finally, UBS Group set a $300.00 price target on shares of NVIDIA and gave the company a "buy" rating in a report on Thursday, August 27th. Four research analysts have rated the stock with a Strong Buy rating, fifty have issued a Buy rating and one has given a Hold rating to the stock. According to data from MarketBeat, the stock has a consensus rating of "Buy" and a consensus target price of $324.14.

Insider Transactions at NVIDIA

In other news, Director Mark Stevens sold 622,239 shares of the firm's stock in a transaction that occurred on 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 transaction, the director directly owned 2,336,531 shares of the company's stock, valued at approximately $541,187,310.22. This trade represents a 21.03% decrease in their ownership of the stock. The sale was disclosed in a document filed with the Securities & Exchange Commission, which can be accessed through this hyperlink. Also, EVP Timothy Teter sold 30,460 shares of NVIDIA stock in a transaction that occurred on 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 sale, the executive vice president owned 2,687,660 shares of the company's stock, valued at approximately $598,810,648. The trade was a 1.12% decrease in their ownership of the stock. 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. Over the last ninety days, insiders have sold 1,766,118 shares of company stock valued at $399,450,353. 3.94% of the stock is currently owned by company insiders.

NVIDIA Trading Down 0.7%

Shares of NVIDIA stock opened at $227.21 on Wednesday. The company has a debt-to-equity ratio of 0.14, a quick ratio of 3.85 and a current ratio of 4.59. The firm has a 50-day moving average of $217.43 and a 200-day moving average of $206.62. NVIDIA Corporation has a 52-week low of $164.27 and a 52-week high of $236.54. The stock has a market cap of $5.48 trillion, a PE ratio of 28.72, a PEG ratio of 1.77 and a beta of 2.22.

NVIDIA (NASDAQ:NVDA - Get Free Report) last released its quarterly earnings results on Wednesday, August 26th. The computer hardware maker reported $2.22 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 business had revenue of $96.22 billion for the quarter, compared to analyst estimates of $92.27 billion. During the same period last year, the firm earned $1.05 earnings per share. NVIDIA's revenue for the quarter was up 105.9% compared to the same quarter last year. As a group, sell-side analysts forecast that NVIDIA Corporation will post 9.25 EPS for the current year.

NVIDIA Announces Dividend

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

NVIDIA announced that its board has initiated a stock repurchase program on Monday, September 28th that authorizes the company to buyback $150.00 billion in outstanding shares. This buyback authorization authorizes the computer hardware maker to repurchase up to 2.8% of its shares through open market purchases. Shares buyback programs are generally an indication that the company's board believes its stock is undervalued.

Trending Headlines about NVIDIA

Here are the key news stories impacting NVIDIA this week:

• Positive Sentiment: NVIDIA’s decision to authorize an additional $150 billion in share repurchases, bringing total remaining authorization to approximately $235 billion through fiscal 2028, signals management’s confidence in future cash flow and could support earnings per share through a lower share count. Nvidia adds $150 billion to existing share repurchase plan
• Positive Sentiment: The company launched its Open Agent Safety Platform, including tools to control, monitor and isolate AI agents. Investors may see the initiative as a new software and inference-infrastructure opportunity rather than a constraint on AI spending. NVIDIA launches Open Agent Safety Platform
• Positive Sentiment: Demand indicators remain strong. SpaceX is reportedly purchasing more NVIDIA GPUs, Uniserve signed a five-year agreement involving NVIDIA B300 servers, and potential Chinese purchases of RTX PRO 5500 processors could expand the company’s addressable market if approved. SpaceX orders more Nvidia chips
• Neutral Sentiment: Analyst optimism persists, including Rosenblatt’s reiterated Buy rating and $390 price target. Commentary also highlights accelerating TSMC 2-nanometer capacity and continued hyperscaler capital spending as longer-term support for NVIDIA’s growth. TSMC prices out the competition
• Negative Sentiment: Near-term trading was pressured by rising bond yields and macroeconomic uncertainty, while NVIDIA’s shares consolidated below their recent high after Monday’s buyback-driven advance.
• Negative Sentiment: Investors are monitoring higher memory costs and supply-chain bottlenecks that could compress gross margins even as AI revenue grows. A Netlist complaint seeking to restrict imports of Micron memory used in NVIDIA-related AI systems adds a further legal and supply risk. Netlist seeks U.S. import ban on Micron chips
• Negative Sentiment: NVIDIA is also exploring insurance structures for chip-backed loans to smaller “neocloud” customers. The effort could broaden demand, but it highlights concerns about financing risk and the ability of emerging customers to support massive AI infrastructure investments. Nvidia turns to insurers to spread risk of AI build-out

About NVIDIA

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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