Winthrop Advisory Group LLC Purchases 7,398 Shares of NVIDIA Corporation $NVDA

Winthrop Advisory Group LLC grew its holdings in shares of NVIDIA Corporation (NASDAQ:NVDA - Free Report) by 21.3% in the 2nd quarter, according to its most recent 13F filing with the Securities & Exchange Commission. The fund owned 42,201 shares of the computer hardware maker's stock after purchasing an additional 7,398 shares during the quarter. NVIDIA makes up approximately 0.6% of Winthrop Advisory Group LLC's holdings, making the stock its 19th biggest position. Winthrop Advisory Group LLC's holdings in NVIDIA were worth $8,444,000 at the end of the most recent quarter.

Several other institutional investors have also recently made changes to their positions in NVDA. Mcrae Capital Management Inc. boosted its stake in shares of NVIDIA by 7.1% during the 2nd quarter. Mcrae Capital Management Inc. now owns 4,513 shares of the computer hardware maker's stock worth $903,000 after acquiring an additional 300 shares during the last quarter. AAF Wealth Management LLC increased its stake in shares of NVIDIA by 3.8% in the 2nd quarter. AAF Wealth Management LLC now owns 5,995 shares of the computer hardware maker's stock worth $1,200,000 after purchasing an additional 222 shares in the last quarter. HM Payson & Co. raised its holdings in NVIDIA by 1.7% in the 2nd quarter. HM Payson & Co. now owns 1,740,693 shares of the computer hardware maker's stock worth $348,295,000 after purchasing an additional 29,312 shares during the period. Cary Street Partners Investment Advisory LLC raised its holdings in NVIDIA by 10.2% in the 2nd quarter. Cary Street Partners Investment Advisory LLC now owns 60,300 shares of the computer hardware maker's stock worth $12,065,000 after purchasing an additional 5,606 shares during the period. Finally, Cypress Capital LLC lifted its position in NVIDIA by 4.5% during the second quarter. Cypress Capital LLC now owns 7,086 shares of the computer hardware maker's stock valued at $1,418,000 after purchasing an additional 308 shares in the last quarter. Institutional investors own 65.27% of the company's stock.

Analyst Upgrades and Downgrades

NVDA has been the subject of several recent research reports. Weiss Ratings reissued a "buy (b)" rating on shares of NVIDIA in a report on Wednesday, July 8th. Needham & Company LLC lifted their price objective on NVIDIA from $270.00 to $300.00 and gave the company a "buy" rating in a research report on Thursday, August 27th. Citic Securities boosted their price objective on NVIDIA from $242.00 to $315.00 and gave the company a "buy" rating in a research note on Friday, May 22nd. Stifel Nicolaus set a $315.00 target price on shares of NVIDIA in a research note on Thursday, August 27th. Finally, Royal Bank Of Canada lifted their price target on shares of NVIDIA from $300.00 to $330.00 and gave the company an "outperform" rating in a report on Thursday, August 27th. Two equities research analysts have rated the stock with a Strong Buy rating, fifty have given a Buy rating and three have given a Hold rating to the stock. According to data from MarketBeat, NVIDIA has an average rating of "Moderate Buy" and a consensus target price of $324.23.

More NVIDIA News

Here are the key news stories impacting NVIDIA this week:

• Positive Sentiment: Hugging Face acquisition: NVIDIA agreed to acquire open-source AI platform Hugging Face for approximately $12.93 billion. The deal could strengthen CUDA adoption, improve developer retention and give NVIDIA a larger role in AI model development and deployment beyond selling chips. Nvidia to buy Hugging Face for nearly $13 billion
• Positive Sentiment: Growth outlook remains strong: NVIDIA’s recent quarterly results exceeded expectations, with $96.22 billion in revenue and $2.22 in EPS. Management’s roughly 70% fiscal 2028 revenue-growth outlook was materially above consensus, reducing concerns that AI demand is rapidly decelerating. Nvidia: The Market Is Crazy Not To Push The Stock Higher
• Positive Sentiment: Customer spending validation: Dell Technologies’ stronger guidance and expanding AI-server demand reinforced NVIDIA’s view that enterprise and hyperscaler capital expenditures remain elevated. NVIDIA also announced that Lenovo and Acer will launch RTX Spark AI PCs in October, extending its reach into client computing. Nvidia sets October launch for RTX Spark AI PCs
• Positive Sentiment: Broader AI ecosystem exposure: Partnerships with Equinix and Together AI on enterprise inference, plus a reported $6 billion GPU deployment connected to humanoid-robotics company Figure, point to additional demand for NVIDIA’s platforms in inference and physical AI. Nvidia lands surprise $6B GPU windfall with Figure
• Neutral Sentiment: Strategic execution will be closely watched: The Hugging Face transaction is intended to preserve an open developer ecosystem, but NVIDIA must integrate the platform without undermining its neutrality or causing developers to migrate elsewhere. The acquisition also comes as cloud providers continue developing custom AI chips.
• Negative Sentiment: Margin pressure: Rising memory and networking costs are expected to weigh on gross margins, even though they reflect supply constraints and strong demand. Investors are monitoring whether NVIDIA can maintain profitability above 70%. Memory Costs Rise: Can NVIDIA Protect Its 70% Gross Margin?
• Negative Sentiment: Insider selling and policy risks: Executives and directors recently sold shares, including a Rule 10b5-1 sale by EVP Timothy Teter. Possible U.S. semiconductor tariffs and elevated interest rates remain additional risks to valuation and global supply chains.

NVIDIA Stock Performance

NASDAQ NVDA opened at $228.45 on Friday. The firm has a market cap of $5.51 trillion, a price-to-earnings ratio of 28.88, a price-to-earnings-growth ratio of 1.76 and a beta of 2.22. The company has a quick ratio of 3.85, a current ratio of 4.59 and a debt-to-equity ratio of 0.14. The business has a 50-day moving average price of $209.85 and a 200-day moving average price of $201.85. NVIDIA Corporation has a twelve month low of $164.07 and a twelve month high of $236.54.

NVIDIA (NASDAQ:NVDA - Get Free Report) last issued its 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. 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 the consensus estimate of $92.27 billion. During the same quarter last year, the company earned $1.05 EPS. The firm's quarterly revenue was up 105.9% on a year-over-year basis. As a group, equities research analysts predict that NVIDIA Corporation will post 9.1 EPS for the current fiscal year.

NVIDIA Announces Dividend

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

NVIDIA declared that its board has authorized a stock repurchase plan on Wednesday, May 20th that permits the company to buyback $80.00 billion in shares. This buyback authorization permits the computer hardware maker to buy up to 1.5% of its stock through open market purchases. Stock buyback plans are generally a sign that the company's board of directors believes its stock is undervalued.

Insider Activity at NVIDIA

In related news, Director Mark A. Stevens sold 63,501 shares of the firm's stock in a transaction on Tuesday, September 1st. The shares were sold at an average price of $220.06, for a total transaction of $13,974,030.06. Following the completion of the transaction, the director directly owned 4,558,770 shares of the company's stock, valued at approximately $1,003,202,926.20. This trade represents a 1.37% decrease in their ownership of the stock. The transaction was disclosed in a legal filing with the SEC, which is accessible through this link. Also, EVP Timothy S. Teter sold 30,000 shares of NVIDIA stock in a transaction on Monday, August 31st. The shares were sold at an average price of $217.88, for a total transaction of $6,536,400.00. Following the completion of the sale, the executive vice president owned 2,687,660 shares in the company, valued at approximately $585,587,360.80. This represents a 1.10% 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. In the last quarter, insiders have sold 1,563,501 shares of company stock worth $335,380,530. Company insiders own 3.94% of the company's stock.

NVIDIA Profile

NVIDIA Corporation, founded in 1993 and headquartered in Santa Clara, California, is a global technology company that designs and develops graphics processing units (GPUs) and system-on-chip (SoC) technologies. Co-founded by Jensen Huang, who serves as president and chief executive officer, along with Chris Malachowsky and Curtis Priem, NVIDIA has grown from a graphics-focused chipmaker into a broad provider of accelerated computing hardware and software for multiple industries.

The company's product portfolio spans discrete GPUs for gaming and professional visualization (marketed under the GeForce and NVIDIA RTX lines), high-performance data center accelerators used for AI training and inference (including widely adopted platforms such as the A100 and H100 series), and Tegra SoCs for automotive and edge applications.

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