NVIDIA Corporation $NVDA Stock Acquired by Washington Trust Advisors Inc.

Washington Trust Advisors Inc. grew its holdings in NVIDIA Corporation (NASDAQ:NVDA) by 5.7% in the 2nd quarter, according to the company in its most recent Form 13F filing with the SEC. The firm owned 188,690 shares of the computer hardware maker’s stock after purchasing an additional 10,257 shares during the quarter. NVIDIA accounts for about 2.8% of Washington Trust Advisors Inc.’s holdings, making the stock its 10th biggest holding. Washington Trust Advisors Inc.’s holdings in NVIDIA were worth $37,755,000 as of its most recent SEC filing.

Other hedge funds and other institutional investors have also made changes to their positions in the company. Jupiter Topco LLC acquired a new stake in NVIDIA during the 2nd quarter worth approximately $16,156,076,000. Van ECK Associates Corp boosted its position in NVIDIA by 34.7% in the 2nd quarter. Van ECK Associates Corp now owns 75,849,721 shares of the computer hardware maker’s stock valued at $15,176,771,000 after buying an additional 19,522,304 shares during the period. Amundi grew its stake 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 worth $23,329,141,000 after acquiring an additional 12,575,177 shares in the last quarter. Nykredit A S acquired a new position in shares of NVIDIA in the second quarter worth $2,315,956,000. Finally, SEB Asset Management AB acquired a new position in shares of NVIDIA in the first quarter worth $1,692,807,000. Hedge funds and other institutional investors own 65.27% of the company’s stock.

Insider Buying and Selling

In related news, Director Mark Stevens sold 622,239 shares of NVIDIA stock in a transaction on Friday, September 4th. The shares were sold at an average price of $231.62, for a total transaction of $144,122,997.18. Following the sale, the director directly owned 2,336,531 shares in the company, valued at $541,187,310.22. This trade represents a 21.03% decrease in their position. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which is available through the SEC website. Also, EVP Timothy Teter sold 30,460 shares of the business’s stock in a transaction on 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 completion of the sale, the executive vice president directly 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 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 have sold 1,766,118 shares of company stock worth $399,450,353 in the last ninety days. 3.94% of the stock is owned by corporate insiders.

NVIDIA Stock Performance

Shares of NVIDIA stock opened at $221.88 on Thursday. The company has a quick ratio of 3.85, a current ratio of 4.59 and a debt-to-equity ratio of 0.14. NVIDIA Corporation has a 52 week low of $164.27 and a 52 week high of $243.37. The firm’s 50 day moving average is $223.13 and its two-hundred day moving average is $212.32. The firm has a market capitalization of $5.35 trillion, a P/E ratio of 28.05, a P/E/G ratio of 1.66 and a beta of 2.22.

NVIDIA (NASDAQ:NVDA) last issued its quarterly earnings data on Wednesday, August 26th. The computer hardware maker reported $2.22 earnings per share for the quarter, topping the consensus estimate of $2.09 by $0.13. NVIDIA had a net margin of 63.66% and a return on equity of 96.04%. The business had revenue of $96.22 billion during the quarter, compared to the consensus estimate of $92.27 billion. During the same quarter in the previous year, the firm earned $1.05 EPS. The company’s revenue was up 105.9% compared to the same quarter last year. Research analysts forecast that NVIDIA Corporation will post 9.30 EPS for the current fiscal year.

NVIDIA announced that its board has approved a share buyback program on Monday, September 28th that permits the company to buy back $150.00 billion in outstanding shares. This buyback authorization permits the computer hardware maker to repurchase up to 2.8% of its shares through open market purchases. Stock buyback programs are generally a sign that the company’s board believes its stock is undervalued.

NVIDIA Announces Dividend

The business also recently announced a quarterly dividend, which was paid on Thursday, October 1st. Investors of record on Thursday, September 10th were given a $0.25 dividend. 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 12.64%.

Analyst Upgrades and Downgrades

A number of analysts have recently weighed in on the company. Wedbush upped their price objective on NVIDIA from $330.00 to $345.00 and gave the stock an “outperform” rating in a research report on Thursday, August 27th. Wall Street Zen upgraded NVIDIA from a “buy” rating to a “strong-buy” rating in a report on Saturday, October 10th. Rosenblatt Securities reiterated a “buy” rating and issued a $390.00 target price on shares of NVIDIA in a report on Tuesday, September 29th. TD Cowen reissued a “buy” rating on shares of NVIDIA in a research note on Tuesday, August 18th. Finally, Benchmark restated a “buy” rating and set a $335.00 price target on shares of NVIDIA in a report on Thursday, August 27th. Five equities research analysts have rated the stock with a Strong Buy rating, forty-nine have issued a Buy rating and one has assigned a Hold rating to the company’s stock. Based on data from MarketBeat, NVIDIA presently has an average rating of “Buy” and a consensus target price of $321.47.

Key Stories Impacting NVIDIA

Here are the key news stories impacting NVIDIA this week:

• Positive Sentiment: SpaceX demand supported the broader AI trade. Elon Musk said SpaceX is adding approximately 200,000 chips per month, strengthening investor confidence that spending on NVIDIA’s systems remains robust. Nvidia Stock Rises as SpaceX Adds Chips
• Positive Sentiment: New DSX platforms could accelerate revenue deployment. NVIDIA introduced the factory-built DSX POD, which packages Vera Rubin computing, networking, cabling, power and liquid cooling in modular units. The design could reduce deployment time from roughly six months to as little as 14 days, allowing data-center operators to bring AI capacity online and generate revenue sooner. Nvidia Announces Vera Rubin Racks
• Positive Sentiment: NVIDIA is expanding beyond GPUs into complete AI factories. Its DSX ecosystem targets power, cooling and infrastructure constraints, with claims of up to 30% lower power use and near-zero cooling-water consumption in some designs. Partners including Dell, HPE, Schneider Electric, Vertiv and major cloud providers are supporting the platform. European Ecosystem Builds AI Factories With NVIDIA DSX
• Positive Sentiment: Multiple partnerships broaden NVIDIA’s long-term opportunity. GTC announcements covered robotics, autonomous vehicles, telecom AI-RAN, enterprise AI-agent security, healthcare and quantum computing. Separately, Agile Robots plans to produce up to 2,000 humanoid robots using NVIDIA technology, highlighting potential growth beyond data centers. Germany’s Agile Robots Partnership
• Neutral Sentiment: Investors remain focused on execution and competition. Analysts see continued AI spending, but Google and Amazon are developing alternatives to NVIDIA’s software and accelerators. NVIDIA’s high valuation, reliance on partners and reports of sustained insider selling could also limit upside if growth expectations or deployment timelines disappoint.

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.