488,100 NVIDIA Corporation $NVDA Shares Sold by Senator Investment Group LP

Senator Investment Group LP decreased its stake in shares of NVIDIA Corporation (NASDAQ:NVDA) by 59.2% in the second quarter, according to the company in its most recent Form 13F filing with the SEC. The fund owned 336,579 shares of the computer hardware maker’s stock after selling 488,100 shares during the quarter. NVIDIA comprises about 2.5% of Senator Investment Group LP’s portfolio, making the stock its 13th largest holding. Senator Investment Group LP’s holdings in NVIDIA were worth $67,346,000 as of its most recent filing with the SEC.

Other institutional investors also recently bought and sold shares of the company. Bank of America Corp DE boosted its stake in NVIDIA by 2.2% during the second quarter. Bank of America Corp DE now owns 195,366,864 shares of the computer hardware maker’s stock valued at $39,090,956,000 after buying an additional 4,165,875 shares during the last quarter. Invesco Ltd. increased its stake in NVIDIA by 0.3% in the 4th quarter. Invesco Ltd. now owns 143,239,504 shares of the computer hardware maker’s stock worth $26,714,167,000 after acquiring an additional 446,178 shares during the last quarter. Amundi increased its stake in NVIDIA by 10.4% in the 1st quarter. Amundi now owns 133,768,018 shares of the computer hardware maker’s stock worth $23,329,141,000 after acquiring an additional 12,575,177 shares during the last quarter. Dimensional Fund Advisors LP increased its stake in NVIDIA by 0.6% in the 1st quarter. Dimensional Fund Advisors LP now owns 94,521,253 shares of the computer hardware maker’s stock worth $16,479,126,000 after acquiring an additional 555,221 shares during the last quarter. Finally, Deutsche Bank AG raised its holdings 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 worth $18,399,108,000 after acquiring an additional 2,045,101 shares in the last quarter. 65.27% of the stock is owned by hedge funds and other institutional investors.

Analyst Ratings Changes

A number of research firms have recently commented on NVDA. BNP Paribas Exane reiterated an “outperform” rating and set a $345.00 target price on shares of NVIDIA in a research report on Monday, October 5th. Piper Sandler began coverage on shares of NVIDIA in a report on Wednesday, September 9th. They issued an “overweight” rating and a $300.00 target price for the company. Evercore set a $465.00 price target on shares of NVIDIA and gave the stock an “outperform” rating in a research report on Thursday, August 27th. Rosenblatt Securities reaffirmed a “buy” rating and set a $390.00 price target on shares of NVIDIA in a research note on Tuesday, September 29th. Finally, Needham & Company LLC reaffirmed a “buy” rating and set a $300.00 price target on shares of NVIDIA in a research note on Friday, September 4th. Five investment analysts have rated the stock with a Strong Buy rating, forty-nine have assigned a Buy rating and one has assigned a Hold rating to the company’s stock. According to data from MarketBeat, the company has a consensus rating of “Buy” and an average target price of $321.89.

Insider Buying and Selling at NVIDIA

In other news, Director Mark Stevens sold 622,239 shares of the company’s 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 owned 2,336,531 shares of the company’s stock, valued at approximately $541,187,310.22. This represents a 21.03% decrease in their ownership of the stock. The transaction was disclosed in a filing with the SEC, which can be accessed through this link. Also, EVP Timothy Teter sold 30,460 shares of the stock in a transaction that occurred on Monday, September 21st. The stock was 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. The trade was a 1.12% decrease in their ownership of the stock. Additional details regarding this sale are available in the official SEC disclosure. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Insiders sold 1,766,118 shares of company stock worth $399,450,353 over the last 90 days. Company insiders own 3.94% of the company’s stock.

NVIDIA Trading Down 1.4%

Shares of NVDA traded down $3.10 during midday trading on Friday, hitting $214.13. The stock had a trading volume of 120,783,023 shares, compared to its average volume of 108,333,480. NVIDIA Corporation has a 1 year low of $164.27 and a 1 year high of $243.37. The firm has a market cap of $5.16 trillion, a PE ratio of 27.07, a price-to-earnings-growth ratio of 1.67 and a beta of 2.22. The company has a debt-to-equity ratio of 0.14, a current ratio of 4.59 and a quick ratio of 3.85. The stock’s 50 day moving average is $223.20 and its 200 day moving average is $211.10.

NVIDIA (NASDAQ:NVDA) last released its earnings results on Wednesday, August 26th. The computer hardware maker reported $2.22 earnings per share (EPS) for the quarter, topping the consensus estimate of $2.09 by $0.13. The firm 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 business’s revenue was up 105.9% on a year-over-year basis. During the same quarter last year, the business earned $1.05 EPS. As a group, analysts forecast that NVIDIA Corporation will post 9.27 EPS for the current fiscal year.

NVIDIA Dividend Announcement

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

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

NVIDIA News Roundup

Here are the key news stories impacting NVIDIA this week:

• Positive Sentiment: New RTX Spark laptops expand NVIDIA’s addressable market. Systems from ASUS, Dell, HP, Lenovo, Microsoft and MSI are now available starting at $2,599, combining Blackwell graphics, up to 128GB of memory and local AI capabilities. The launch could create a new consumer and developer revenue stream beyond data centers. NVIDIA RTX Spark PCs Available Today
• Positive Sentiment: Automotive and enterprise adoption continues. Volvo expanded its partnership with NVIDIA for automated-driving systems, while Adobe is integrating NVIDIA technology across Photoshop, Premiere and other creative tools. These agreements support longer-term demand for NVIDIA hardware and software. Volvo Cars expands automated driving partnership
• Positive Sentiment: Supply-chain investment and customer deployments remain strong. Taiwan is reportedly considering as much as $4 billion for Texas industrial parks serving NVIDIA suppliers, and customers continue deploying Blackwell systems. The developments reinforce demand, although they may take time to affect revenue. Taiwan Texas industrial parks
• Neutral Sentiment: NVIDIA is broadening its software and AI-model ecosystem. Paid offerings such as AI Enterprise and Mission Control, along with Nemotron open models and partnerships with AI startups, could make earnings less dependent on hardware. However, the articles provide no near-term financial contribution.
• Negative Sentiment: AI financing concerns are the main pressure. CoreWeave’s debt has reportedly traded at distressed yields, raising questions about whether highly leveraged customers can continue funding data-center expansion. Higher Treasury yields and inflation concerns are also making large AI projects more expensive. CoreWeave financing worries
• Negative Sentiment: Investors are questioning AI growth expectations. OpenAI’s reported $50 billion revenue run rate was below the roughly $68 billion previously anticipated, prompting concern that AI demand may mature more slowly. Microsoft’s development of custom Maia chips also highlights the risk of customers developing alternatives to NVIDIA GPUs. OpenAI revenue expectations
• Negative Sentiment: Reported insider selling adds a sentiment overhang. Recent data showed NVIDIA insiders made numerous sales and no open-market purchases over the past six months, though such transactions may reflect planned diversification rather than a change in business outlook.

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.