Trivest Advisors Ltd Purchases 84,160 Shares of NVIDIA Corporation $NVDA

Key Points

• Trivest Advisors increased its NVIDIA stake by 23.4%, purchasing 84,160 shares to hold 444,160 shares valued at approximately $88.9 million. Institutional investors collectively own 65.27% of NVIDIA.
• NVIDIA reported stronger-than-expected quarterly results, with $2.22 in EPS and $96.22 billion in revenue, up 105.9% year over year. The company also authorized a $150 billion share repurchase program and maintained a quarterly dividend.
• Wall Street remains broadly bullish, with a consensus “Buy” rating and an average price target of $320.71, although insiders have sold approximately $399.5 million of stock over the past 90 days.

Trivest Advisors Ltd grew its holdings in shares of NVIDIA Corporation (NASDAQ:NVDA - Free Report) by 23.4% during the second quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission. The fund owned 444,160 shares of the computer hardware maker's stock after buying an additional 84,160 shares during the period. NVIDIA accounts for about 2.8% of Trivest Advisors Ltd's investment portfolio, making the stock its 7th biggest holding. Trivest Advisors Ltd's holdings in NVIDIA were worth $88,872,000 at the end of the most recent quarter.

Other hedge funds and other institutional investors have also made changes to their positions in the company. Uptick Partners LLC boosted its holdings in shares of NVIDIA by 8.8% in the second quarter. Uptick Partners LLC now owns 23,634 shares of the computer hardware maker's stock valued at $4,729,000 after acquiring an additional 1,903 shares in the last quarter. Madison Asset Management LLC raised its holdings in NVIDIA by 9.0% during the second quarter. Madison Asset Management LLC now owns 27,969 shares of the computer hardware maker's stock worth $5,596,000 after purchasing an additional 2,298 shares in the last quarter. Csenge Advisory Group raised its holdings in NVIDIA by 4.1% during the second quarter. Csenge Advisory Group now owns 121,296 shares of the computer hardware maker's stock worth $24,270,000 after purchasing an additional 4,794 shares in the last quarter. Crescent Grove Advisors LLC lifted its position in NVIDIA by 2.3% in the second quarter. Crescent Grove Advisors LLC now owns 33,831 shares of the computer hardware maker's stock worth $6,769,000 after purchasing an additional 747 shares during the period. Finally, Kelman Lazarov Inc. lifted its position in NVIDIA by 10.4% in the second quarter. Kelman Lazarov Inc. now owns 5,830 shares of the computer hardware maker's stock worth $1,167,000 after purchasing an additional 547 shares during the period. 65.27% of the stock is currently owned by institutional investors and hedge funds.

Insider Activity

In other NVIDIA news, Director Mark A. Stevens sold 622,239 shares of NVIDIA 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 in the company, valued at approximately $541,187,310.22. The trade was a 21.03% decrease in their position. The transaction was disclosed in a document filed with the SEC, which is accessible through this hyperlink. Also, EVP Timothy S. Teter sold 30,460 shares of the business's stock in a transaction 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 sale, the executive vice president directly owned 2,687,660 shares in the company, valued at approximately $598,810,648. This trade represents a 1.12% decrease in their ownership of the stock. The SEC filing for this sale provides additional information. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Insiders have sold 1,766,118 shares of company stock worth $399,450,353 over the last 90 days. 3.94% of the stock is owned by company insiders.

Wall Street Analysts Forecast Growth

Several equities analysts have recently issued reports on NVDA shares. President Capital lifted their price target on NVIDIA from $295.00 to $330.00 in a research report on Thursday, August 27th. UBS Group set a $300.00 price objective on NVIDIA and gave the company a "buy" rating in a report on Thursday, August 27th. Piper Sandler initiated coverage on NVIDIA in a research note on Wednesday, September 9th. They set an "overweight" rating and a $300.00 target price for the company. Stifel Nicolaus set a $315.00 target price on NVIDIA in a report on Thursday, August 27th. Finally, The Goldman Sachs Group reiterated a "buy" rating on shares of NVIDIA in a research report on Thursday, September 10th. Four equities research analysts have rated the stock with a Strong Buy rating, fifty have issued a Buy rating and one has issued a Hold rating to the stock. Based on data from MarketBeat.com, NVIDIA presently has a consensus rating of "Buy" and an average price target of $320.71.

NVIDIA Trading Up 1.3%

Shares of NASDAQ NVDA opened at $233.95 on Friday. The company has a quick ratio of 3.85, a current ratio of 4.59 and a debt-to-equity ratio of 0.14. NVIDIA Corporation has a 12 month low of $164.27 and a 12 month high of $237.88. The company has a market cap of $5.64 trillion, a price-to-earnings ratio of 29.58, a P/E/G ratio of 1.81 and a beta of 2.22. The business has a fifty day simple moving average of $218.74 and a 200-day simple moving average of $207.48.

NVIDIA (NASDAQ:NVDA - Get Free Report) last issued its quarterly earnings results on Wednesday, August 26th. The computer hardware maker reported $2.22 earnings per share for the quarter, topping analysts' consensus estimates of $2.09 by $0.13. The firm had revenue of $96.22 billion for the quarter, compared to analysts' expectations of $92.27 billion. NVIDIA had a return on equity of 96.04% and a net margin of 63.66%.NVIDIA's revenue was up 105.9% on a year-over-year basis. During the same quarter last year, the business posted $1.05 EPS. Sell-side analysts predict that NVIDIA Corporation will post 9.25 EPS for the current year.

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

NVIDIA Announces Dividend

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

Key Headlines Impacting NVIDIA

Here are the key news stories impacting NVIDIA this week:

• Positive Sentiment: Morgan Stanley named NVIDIA its top semiconductor pick, maintaining an Overweight rating and setting a $300 price target. The firm believes NVIDIA’s software ecosystem, scale and positioning across AI infrastructure trends give it a durable competitive moat. Morgan Stanley names NVIDIA a top pick
• Positive Sentiment: NVIDIA’s recently announced $150 billion buyback authorization lifts total remaining repurchase capacity to approximately $235 billion. Investors view the plan as a sign of management confidence and a potential source of per-share earnings support. NVIDIA buyback analysis
• Positive Sentiment: Analysts continue to raise expectations for hyperscaler spending, with Barclays estimating NVIDIA could generate $401 billion in hyperscaler revenue in 2027. CoreWeave’s launch of the Vera Rubin platform and additional enterprise customers also supports demand for NVIDIA’s next-generation systems. Barclays hyperscaler revenue estimate
• Neutral Sentiment: The broader semiconductor and technology complex is attracting buying interest as AI investment remains a major market leadership theme. However, NVIDIA’s valuation and substantial market concentration leave the stock sensitive to interest rates, economic data and shifts in institutional positioning.
• Negative Sentiment: Investors are monitoring reports that Amazon may move roughly $8 billion of NVIDIA chips off its balance sheet through leasing or financing structures. While this could improve customer flexibility, it adds scrutiny around AI infrastructure financing and so-called circular transactions. Amazon NVIDIA chip balance-sheet report
• Negative Sentiment: Export-control concerns remain a headline risk after prosecutors alleged a California man helped smuggle approximately $300 million of NVIDIA chips to China. Separately, Michael Burry warned that GPU depreciation could undermine the economics of the AI infrastructure boom, while Alphabet’s growing use of internally designed chips represents a longer-term competitive threat. NVIDIA chip smuggling prosecution

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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