Whetstone Capital Advisors LLC Acquires 9,710 Shares of NVIDIA Corporation $NVDA

Key Points

• Whetstone Capital Advisors acquired 9,710 NVIDIA shares worth approximately $1.94 million, making NVDA its 28th-largest holding and representing about 0.5% of its portfolio.
• Institutional investors remain heavily invested in NVIDIA, with hedge funds and other institutions owning 65.27% of the stock. Several major firms increased their positions during the first and second quarters.
• NVIDIA reported quarterly revenue of $96.22 billion, up 105.9% year over year, and earnings of $2.22 per share, beating estimates. Analysts maintain a consensus “Buy” rating with an average price target of $321.47, while the company also authorized a $150 billion share-repurchase program.

Whetstone Capital Advisors LLC acquired a new position in NVIDIA Corporation (NASDAQ:NVDA - Free Report) during the 2nd quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The firm acquired 9,710 shares of the computer hardware maker's stock, valued at approximately $1,943,000. NVIDIA accounts for approximately 0.5% of Whetstone Capital Advisors LLC's holdings, making the stock its 28th biggest holding.

A number of other large investors have also recently made changes to their positions in NVDA. Bank of America Corp DE increased its stake in shares of NVIDIA by 2.2% in the second quarter. Bank of America Corp DE now owns 195,366,864 shares of the computer hardware maker's stock worth $39,090,956,000 after purchasing an additional 4,165,875 shares in the last quarter. Amundi lifted its stake in shares of NVIDIA by 10.4% during the 1st quarter. Amundi now owns 133,768,018 shares of the computer hardware maker's stock valued at $23,329,141,000 after buying an additional 12,575,177 shares in the last quarter. Deutsche Bank AG lifted its stake in shares of NVIDIA by 2.3% during the 2nd quarter. Deutsche Bank AG now owns 91,954,159 shares of the computer hardware maker's stock valued at $18,399,108,000 after buying an additional 2,045,101 shares in the last quarter. Dimensional Fund Advisors LP lifted its stake in shares of NVIDIA by 0.6% during the 1st quarter. Dimensional Fund Advisors LP now owns 94,521,253 shares of the computer hardware maker's stock valued at $16,479,126,000 after buying an additional 555,221 shares in the last quarter. Finally, Jupiter Topco LLC bought a new position in NVIDIA in the 2nd quarter worth $16,156,076,000. 65.27% of the stock is owned by hedge funds and other institutional investors.

NVIDIA Stock Down 0.6%

Shares of NASDAQ NVDA opened at $210.96 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. NVIDIA Corporation has a 12-month low of $164.27 and a 12-month high of $243.37. The firm's 50-day moving average price is $222.58 and its 200-day moving average price is $212.56. The stock has a market capitalization of $5.08 trillion, a price-to-earnings ratio of 26.67, a P/E/G ratio of 1.62 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 earnings per share for the quarter, beating the consensus estimate of $2.09 by $0.13. NVIDIA had a return on equity of 96.04% and a net margin of 63.66%. The company had revenue of $96.22 billion for the quarter, compared to analyst estimates of $92.27 billion. During the same quarter in the prior year, the firm posted $1.05 EPS. NVIDIA's quarterly revenue was up 105.9% compared to the same quarter last year. On average, equities research analysts anticipate that NVIDIA Corporation will post 9.30 EPS for the current fiscal year.

NVIDIA Dividend Announcement

The business also recently announced a quarterly dividend, which was paid on Thursday, October 1st. Shareholders of record on Thursday, September 10th were paid a $0.25 dividend. This represents a $1.00 dividend on an annualized basis and a yield of 0.5%. The ex-dividend date was Thursday, September 10th. NVIDIA's dividend payout ratio is currently 12.64%.

NVIDIA announced that its board has authorized a share buyback program on Monday, September 28th that allows the company to repurchase $150.00 billion in outstanding shares. This repurchase authorization allows the computer hardware maker to repurchase up to 2.8% of its stock through open market purchases. Share repurchase programs are usually a sign that the company's board believes its shares are undervalued.

Analysts Set New Price Targets

A number of equities research analysts have issued reports on the company. Piper Sandler assumed coverage on NVIDIA in a research note on Wednesday, September 9th. They issued an "overweight" rating and a $300.00 price target for the company. DZ Bank restated a "buy" rating on shares of NVIDIA in a research report on Wednesday, August 26th. KGI Securities upped their price objective on NVIDIA from $335.00 to $345.00 in a research note on Thursday, August 27th. Wedbush upped their price objective on NVIDIA from $330.00 to $345.00 and gave the stock an "outperform" rating in a research note on Thursday, August 27th. Finally, Truist Financial increased their target price on NVIDIA from $307.00 to $346.00 and gave the stock a "buy" rating in a research report on Thursday, August 27th. Five investment analysts have rated the stock with a Strong Buy rating, forty-nine have assigned a Buy rating and one has given a Hold rating to the stock. Based on data from MarketBeat.com, the company presently has a consensus rating of "Buy" and an average target price of $321.47.

More NVIDIA News

Here are the key news stories impacting NVIDIA this week:

• Positive Sentiment: Several investment analyses remain bullish on NVIDIA’s long-term outlook. Its CUDA software ecosystem, scale, high margins and deep customer relationships are viewed as a stronger moat than competitors such as Broadcom and Lam Research. Some analysts believe the shares could still double over the next five to 10 years even if growth moderates. Prediction: Nvidia Will Outperform Broadcom Over the Next 5 Years
• Positive Sentiment: NVIDIA is broadening its opportunity beyond GPUs through CPUs, networking, AI factories, industrial AI, autonomous driving and quantum-computing interfaces. Partnerships involving Pony.ai, inDrive, Schneider Electric and HPE could support additional demand for its full-stack platform. Pony AI, NVIDIA Take Their Robotaxi Ambitions to a New Market
• Positive Sentiment: Erste Group modestly raised its fiscal 2027 and 2028 EPS forecasts, while other commentary highlights NVIDIA’s faster growth, stronger margins and relatively attractive valuation compared with some AI semiconductor peers. Brokers Suggest Investing in Nvidia
• Neutral Sentiment: Some analysts argue NVIDIA may become a relative “safe haven” within the AI trade because of its dependable earnings and dominant position, but this is an investor-rotation thesis rather than a new financial result or confirmed catalyst. Can Nvidia's Stock Become a Safe Haven?
• Negative Sentiment: Seaport Research reiterated a bearish view, citing mounting competition, strategic tension in NVIDIA’s business and substantial financial commitments tied to the AI buildout. This bearish call is the clearest company-specific pressure on the shares. Two Critical Nvidia Stock Flaws
• Negative Sentiment: The recent decline reflects broader concern that hyperscalers and neocloud operators may struggle to finance the hundreds of billions of dollars required for AI data centers. High borrowing costs, funding gaps and possible customer spending discipline are pressuring the entire AI trade, including NVIDIA. Why Nvidia Stock Is Down Over 4%?

Insiders Place Their Bets

In other NVIDIA news, EVP Timothy S. Teter sold 30,460 shares of the firm's stock in a transaction dated 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 transaction, the executive vice president owned 2,687,660 shares of the company's stock, valued at approximately $598,810,648. This trade represents a 1.12% decrease in their position. The transaction was disclosed in a document filed with the SEC, which is available at this hyperlink. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Also, CFO Colette Kress sold 34,918 shares of NVIDIA stock in a transaction that occurred on Thursday, September 17th. The shares were sold at an average price of $219.05, for a total transaction of $7,648,787.90. Following the transaction, the chief financial officer directly owned 765,103 shares in the company, valued at approximately $167,595,812.15. The trade was a 4.36% 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 in the last three months. Corporate insiders own 3.94% of the company's stock.

NVIDIA 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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