William John Sempolinski Buys 251,777 Shares of NVIDIA Corporation $NVDA

Key Points

• William John Sempolinski acquired 251,777 NVIDIA shares worth approximately $50.4 million, making NVDA his fund’s largest holding at 20.3% of its portfolio.
• Institutional investors own 65.27% of NVIDIA, while insiders sold approximately $399.5 million worth of shares last quarter through pre-arranged trading plans.
• Analysts maintain a broadly bullish view, with an average “Buy” rating and a $321.47 consensus price target; NVIDIA also reported better-than-expected quarterly results and authorized a $150 billion stock-buyback program.

William John Sempolinski acquired a new stake in NVIDIA Corporation (NASDAQ:NVDA - Free Report) during the second quarter, according to its most recent 13F filing with the SEC. The fund acquired 251,777 shares of the computer hardware maker's stock, valued at approximately $50,378,000. NVIDIA accounts for 20.3% of William John Sempolinski's portfolio, making the stock its largest holding.

Several other institutional investors have also added to or reduced their stakes in NVDA. Jupiter Topco LLC bought a new stake in NVIDIA during the 2nd quarter valued at $16,156,076,000. Van ECK Associates Corp boosted its holdings in shares of NVIDIA by 34.7% in the second quarter. Van ECK Associates Corp now owns 75,849,721 shares of the computer hardware maker's stock worth $15,176,771,000 after acquiring an additional 19,522,304 shares during the period. Amundi grew its position in shares of NVIDIA by 10.4% in the first quarter. Amundi now owns 133,768,018 shares of the computer hardware maker's stock valued at $23,329,141,000 after purchasing an additional 12,575,177 shares in the last quarter. Nykredit A S purchased a new position in shares of NVIDIA in the second quarter valued at $2,315,956,000. Finally, SEB Asset Management AB bought a new stake in shares of NVIDIA during the 1st quarter valued at $1,692,807,000. 65.27% of the stock is owned by hedge funds and other institutional investors.

Insider Activity at NVIDIA

In other news, CFO Colette Kress sold 34,918 shares of the firm's stock in a transaction dated Thursday, September 17th. The shares were sold at an average price of $219.05, for a total value of $7,648,787.90. Following the completion of the sale, the chief financial officer directly owned 765,103 shares of the company's stock, valued at approximately $167,595,812.15. This trade represents a 4.36% decrease in their position. The transaction was disclosed in a document filed with the SEC, which is accessible through the SEC website. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Also, EVP Timothy Teter sold 30,460 shares of the firm's stock in a transaction dated Monday, September 21st. The stock was 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 $598,810,648. This trade represents a 1.12% decrease in their ownership of the stock. The disclosure for this sale is available in the SEC filing. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Insiders sold a total of 1,766,118 shares of company stock worth $399,450,353 over the last quarter. 3.94% of the stock is owned by corporate insiders.

Analyst Upgrades and Downgrades

Several brokerages have commented on NVDA. Deutsche Bank Aktiengesellschaft restated a "buy" rating on shares of NVIDIA in a research note on Monday, August 31st. Oppenheimer set a $315.00 price target on NVIDIA and gave the company an "outperform" rating in a research report on Thursday, August 27th. KeyCorp reiterated an "overweight" rating and set a $330.00 price target on shares of NVIDIA in a research report on Monday, August 24th. UBS Group reissued a "buy" rating on shares of NVIDIA in a report on Friday, October 9th. Finally, Stifel Nicolaus set a $315.00 price objective on shares of NVIDIA in a research report on Thursday, August 27th. Five research analysts have rated the stock with a Strong Buy rating, fifty have given a Buy rating and one has assigned a Hold rating to the company's stock. According to MarketBeat, the company presently has an average rating of "Buy" and a consensus price target of $321.47.

Key Stories Impacting NVIDIA

Here are the key news stories impacting NVIDIA this week:

• Positive Sentiment: Reportedly, ByteDance, Alibaba and Tencent have placed more than $35 billion in NVIDIA chip orders. The agreement could reopen a significant Chinese market, although the arrangement reportedly includes the U.S. government receiving 15% of Chinese sales. NVIDIA China chip orders
• Positive Sentiment: OpenAI is reportedly raising approximately $30 billion, while NVIDIA has agreed to guarantee up to $105 billion of obligations tied to an Ohio data-center campus OpenAI will lease. The deal could support substantial future demand for NVIDIA systems, but also increases NVIDIA’s exposure to customer financing. OpenAI fundraising and NVIDIA
• Positive Sentiment: Anthropic is reportedly discussing an expansion that could take its Nscale commitment to roughly $90 billion, potentially benefiting NVIDIA as a leading supplier of AI infrastructure. Anthropic Nscale expansion
• Positive Sentiment: NVIDIA announced German partnerships, investments in AI startups and a broader European AI initiative approaching $10 billion, strengthening its position in sovereign and industrial AI. NVIDIA German AI investments
• Positive Sentiment: A record 104-qubit fault-tolerant quantum simulation on Europe’s JUPITER supercomputer demonstrated NVIDIA’s CUDA-Q, cuQuantum and accelerated-computing capabilities, expanding its longer-term technology opportunity beyond AI. NVIDIA quantum simulation
• Neutral Sentiment: Amazon is reportedly receiving billions of dollars of NVIDIA GB300 systems, but some racks are being stored because data centers lack sufficient power. This confirms demand while highlighting deployment bottlenecks. Amazon NVIDIA GPU systems
• Negative Sentiment: Google’s open-source TorchTPU and Amazon’s TorchNeuron initiatives are designed to make competing AI chips easier to use, threatening NVIDIA’s CUDA software moat and long-term pricing power. Google and Amazon challenge NVIDIA CUDA
• Negative Sentiment: Investors remain concerned that heavily indebted neocloud customers, including CoreWeave, may struggle with higher borrowing costs. NVIDIA’s guarantees and investment relationships increase fears that AI infrastructure spending could involve circular or financially fragile demand. Why NVIDIA needs CoreWeave
• Negative Sentiment: Broad semiconductor selling, fading momentum in the AI trade and hedge-fund technology reductions are weighing on NVDA’s near-term performance despite continued strong chip demand. Chip stocks decline

NVIDIA Stock Down 0.3%

Shares of NVDA opened at $216.47 on Wednesday. The firm has a market cap of $5.22 trillion, a P/E ratio of 27.37, a P/E/G ratio of 1.67 and a beta of 2.22. The stock has a 50 day simple moving average of $223.17 and a two-hundred day simple moving average of $212.01. The company has a debt-to-equity ratio of 0.14, a current ratio of 4.59 and a quick ratio of 3.85. NVIDIA Corporation has a 1 year low of $164.27 and a 1 year high of $243.37.

NVIDIA (NASDAQ:NVDA - Get Free Report) last posted its quarterly earnings results on Wednesday, August 26th. The computer hardware maker reported $2.22 earnings per share (EPS) for the quarter, beating the consensus estimate of $2.09 by $0.13. The business had revenue of $96.22 billion during the quarter, compared to analyst estimates of $92.27 billion. NVIDIA had a net margin of 63.66% and a return on equity of 96.04%. The company's revenue was up 105.9% on a year-over-year basis. During the same period in the prior year, the business posted $1.05 earnings per share. On average, analysts forecast that NVIDIA Corporation will post 9.30 earnings per share for the current fiscal year.

NVIDIA declared that its Board of Directors has initiated a stock buyback 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 reacquire up to 2.8% of its stock through open market purchases. Stock repurchase programs are usually a sign that the company's board of directors believes its shares are undervalued.

NVIDIA Announces Dividend

The firm also recently announced a quarterly dividend, which was paid on Thursday, October 1st. Investors of record on Thursday, September 10th were issued 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 was Thursday, September 10th. NVIDIA's dividend payout ratio is currently 12.64%.

About NVIDIA

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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