Whalen Wealth Management Inc. Acquires 3,591 Shares of NVIDIA Corporation $NVDA

Key Points

• Whalen Wealth Management increased its NVIDIA stake by 8.3% in the third quarter, adding 3,591 shares to hold 46,638 shares valued at approximately $10.65 million. NVIDIA now represents about 4.7% of the firm’s portfolio, its largest position.
• Institutional investors own 65.27% of NVIDIA, while several hedge funds increased their holdings during the quarter. Analysts maintain a consensus “Buy” rating with an average price target of $321.47.
• NVIDIA reported quarterly revenue growth of 105.9% and earnings above expectations, while its board approved a $150 billion share-buyback plan. Offsetting concerns include substantial insider selling, rising competition in AI chips and potential regulatory scrutiny.

Whalen Wealth Management Inc. boosted its stake in shares of NVIDIA Corporation (NASDAQ:NVDA - Free Report) by 8.3% during the 3rd quarter, according to its most recent 13F filing with the Securities and Exchange Commission. The firm owned 46,638 shares of the computer hardware maker's stock after buying an additional 3,591 shares during the quarter. NVIDIA makes up approximately 4.7% of Whalen Wealth Management Inc.'s portfolio, making the stock its biggest position. Whalen Wealth Management Inc.'s holdings in NVIDIA were worth $10,651,000 as of its most recent SEC filing.

Several other hedge funds and other institutional investors have also bought and sold shares of the company. Alkeme Wealth LLC lifted its stake in shares of NVIDIA by 6.7% in the 3rd quarter. Alkeme Wealth LLC now owns 4,415 shares of the computer hardware maker's stock valued at $1,008,000 after purchasing an additional 277 shares during the period. Ayalon Insurance Comp Ltd. grew its holdings in NVIDIA by 103.4% in the third quarter. Ayalon Insurance Comp Ltd. now owns 101,503 shares of the computer hardware maker's stock worth $23,192,000 after purchasing an additional 51,600 shares during the period. Steph & Co. increased its stake in NVIDIA by 5.6% in the third quarter. Steph & Co. now owns 3,574 shares of the computer hardware maker's stock valued at $816,000 after purchasing an additional 190 shares in the last quarter. KFA Private Wealth Group LLC bought a new stake in NVIDIA in the third quarter valued at $3,547,000. Finally, Elevation Wealth Partners LLC raised its holdings in shares of NVIDIA by 0.6% during the third quarter. Elevation Wealth Partners LLC now owns 19,884 shares of the computer hardware maker's stock valued at $4,541,000 after purchasing an additional 117 shares during the period. Institutional investors and hedge funds own 65.27% of the company's stock.

Trending Headlines about NVIDIA

Here are the key news stories impacting NVIDIA this week:

• Positive Sentiment: Demand indicators remain strong across the AI supply chain. Vertiv reported 61% year-over-year revenue growth, more than doubled organic orders and $4.12 billion in deferred revenue, suggesting hyperscalers are paying to secure power and cooling capacity rather than slowing spending. NVIDIA’s partnership with Vertiv could also shorten data-center deployment timelines. Plugging In: Vertiv Cashes In On AI Demand
• Positive Sentiment: Several reports continue to point to substantial long-term growth. Analysts and commentators highlighted NVIDIA’s projected 70% fiscal 2028 revenue growth, expanding product portfolio, supply-constrained demand and potential customer commitments from companies such as Meta and SpaceX. NVIDIA also released open speech-AI models, broadening its software and ecosystem reach. Nvidia Shareholders Have a Major Reason to Be Bullish
• Neutral Sentiment: NVIDIA is partnering with Eclypsium to secure the hardware layer beneath AI-agent infrastructure. The initiative may strengthen enterprise trust and create additional platform value, although its near-term financial impact is unclear. Eclypsium partners with Nvidia
• Negative Sentiment: The U.S. Department of Justice is examining NVIDIA’s reported $12.9 billion acquisition of Hugging Face, focusing on whether the transaction could give NVIDIA control over an important AI-model and developer distribution channel. Regulatory scrutiny adds uncertainty around the deal and NVIDIA’s broader ecosystem strategy. US DOJ examines Nvidia’s Hugging Face acquisition
• Negative Sentiment: Reports alleging that a suspected Chinese intelligence asset had access to CEO Jensen Huang renewed concerns about China-related chip controls, corporate security and potential government investigations. NVIDIA disputed the underlying diversion allegations, saying they had been investigated and debunked, but the controversy remains an overhang. Nvidia responds to report on Chinese intelligence asset
• Negative Sentiment: Seaport reiterated its Sell rating, citing mounting competition from Google’s custom AI chips and other accelerators. Rising memory costs are also expected to pressure NVIDIA’s gross margin, while investors remain sensitive to the company’s dependence on a concentrated group of hyperscale customers. Seaport reiterates its Sell rating on Nvidia

Wall Street Analyst Weigh In

NVDA has been the topic of a number of research analyst reports. Daiwa Securities Group cut their price objective on shares of NVIDIA from $255.00 to $245.00 and set an "outperform" rating on the stock in a research report on Thursday, September 17th. KGI Securities boosted their target price on NVIDIA from $335.00 to $345.00 in a research report on Thursday, August 27th. Truist Financial upped their price target on NVIDIA from $307.00 to $346.00 and gave the stock a "buy" rating in a research note on Thursday, August 27th. Morgan Stanley set a $230.00 price target on NVIDIA in a report on Friday, October 2nd. Finally, UBS Group reissued a "buy" rating on shares of NVIDIA in a research note on Friday, October 9th. Five analysts have rated the stock with a Strong Buy rating, forty-nine have given a Buy rating and one has given a Hold rating to the stock. Based on data from MarketBeat, NVIDIA presently has a consensus rating of "Buy" and an average price target of $321.47.

Insider Buying and Selling

In other NVIDIA 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 value of $6,786,488.00. Following the completion of the sale, the executive vice president owned 2,687,660 shares in the company, valued at approximately $598,810,648. This trade represents a 1.12% decrease in their position. The transaction was disclosed in a filing with the SEC, which is accessible 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 NVIDIA stock in a transaction that occurred on Friday, September 4th. The stock was 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. This represents a 21.03% decrease in their position. The SEC filing for this sale provides additional information. Over the last ninety days, insiders have sold 1,766,118 shares of company stock worth $399,450,353. 3.94% of the stock is owned by insiders.

NVIDIA Price Performance

Shares of NASDAQ:NVDA opened at $213.66 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 stock's fifty day simple moving average is $221.99 and its two-hundred day simple moving average is $204.15. NVIDIA Corporation has a 1-year low of $164.27 and a 1-year high of $243.37. The stock has a market cap of $5.15 trillion, a PE ratio of 27.01, a price-to-earnings-growth ratio of 1.65 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. As a group, analysts forecast that NVIDIA Corporation will post 9.30 EPS for the current fiscal year.

NVIDIA Dividend Announcement

The company also recently declared a quarterly dividend, which was paid on Thursday, October 1st. Investors of record on Thursday, September 10th were given 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 of this dividend was Thursday, September 10th. NVIDIA's dividend payout ratio (DPR) is presently 12.64%.

NVIDIA announced that its Board of Directors has approved a share buyback plan on Monday, September 28th that allows the company to repurchase $150 billion in shares. This buyback authorization allows the computer hardware maker to purchase up to 2.8% of its shares through open market purchases. Share buyback plans are often an indication that the company's board of directors believes its shares are undervalued.

NVIDIA Company Profile

NVIDIA Corporation NASDAQ: NVDA is a technology company that designs graphics processing units (GPUs), accelerated computing platforms, networking products and related software. Its technologies support artificial intelligence, machine learning, scientific computing, data analytics, professional visualization and computer graphics.

The company's products include GeForce GPUs for gaming and personal computing, data center GPUs and systems for AI and high-performance computing, and networking solutions used to connect and manage large-scale computing infrastructure.

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