NVIDIA Corporation $NVDA Stock: Wedmont Private Capital Raises Position

Wedmont Private Capital grew its position in NVIDIA Corporation (NASDAQ:NVDA) by 10.0% during the 2nd quarter, according to the company in its most recent filing with the Securities and Exchange Commission (SEC). The fund owned 497,890 shares of the computer hardware maker’s stock after purchasing an additional 45,357 shares during the period. NVIDIA comprises about 2.9% of Wedmont Private Capital’s holdings, making the stock its 9th largest position. Wedmont Private Capital’s holdings in NVIDIA were worth $105,035,000 at the end of the most recent reporting period.

Other hedge funds also recently bought and sold shares of the company. Longview Financial Advisors Inc. bought a new stake in shares of NVIDIA in the 1st quarter valued at approximately $27,000. Montgomery Financial Services LLC acquired a new position in NVIDIA in the second quarter worth approximately $28,000. Langley Wealth Management LLC bought a new position in NVIDIA during the second quarter valued at approximately $34,000. Phillip James Consulting Co. bought a new position in NVIDIA during the first quarter valued at approximately $40,000. Finally, Bard Associates Inc. raised its position in NVIDIA by 8,866.7% during the second quarter. Bard Associates Inc. now owns 269 shares of the computer hardware maker’s stock valued at $54,000 after acquiring an additional 266 shares in the last quarter. 65.27% of the stock is owned by institutional investors and hedge funds.

NVIDIA Stock Up 2.5%

Shares of NVDA stock opened at $221.88 on Thursday. The stock’s 50 day simple moving average is $223.13 and its 200 day simple moving average is $212.32. NVIDIA Corporation has a twelve month low of $164.27 and a twelve month high of $243.37. The company has a debt-to-equity ratio of 0.14, a quick ratio of 3.85 and a current ratio of 4.59. The company has a market capitalization of $5.35 trillion, a price-to-earnings ratio of 28.05, a PEG ratio of 1.66 and a beta of 2.22.

NVIDIA (NASDAQ:NVDA) last announced its earnings results on Wednesday, August 26th. The computer hardware maker reported $2.22 earnings per share (EPS) for the quarter, topping analysts’ consensus estimates of $2.09 by $0.13. The firm had revenue of $96.22 billion during the quarter, compared to analysts’ expectations of $92.27 billion. NVIDIA had a return on equity of 96.04% and a net margin of 63.66%. The company’s revenue was up 105.9% on a year-over-year basis. During the same quarter in the prior year, the business earned $1.05 earnings per share. As a group, research analysts predict that NVIDIA Corporation will post 9.30 EPS for the current year.

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

NVIDIA Dividend Announcement

The company also recently declared a quarterly dividend, which was paid on Thursday, October 1st. Stockholders of record on Thursday, September 10th were given a $0.25 dividend. The ex-dividend date of this dividend was Thursday, September 10th. This represents a $1.00 dividend on an annualized basis and a dividend yield of 0.5%. NVIDIA’s dividend payout ratio (DPR) is currently 12.64%.

Insider Transactions at NVIDIA

In other news, Director Mark Stevens sold 622,239 shares of the business’s stock in a transaction on Friday, September 4th. The shares were sold at an average price of $231.62, for a total value of $144,122,997.18. Following the completion of the sale, the director directly owned 2,336,531 shares in the company, valued at approximately $541,187,310.22. The trade was a 21.03% decrease in their ownership of the stock. The sale was disclosed in a filing with the Securities & Exchange Commission, which can be accessed through this hyperlink. Also, CFO Colette Kress sold 34,918 shares of the company’s stock in a transaction on Thursday, September 17th. The stock was sold at an average price of $219.05, for a total transaction of $7,648,787.90. Following the sale, the chief financial officer directly owned 765,103 shares of the company’s stock, valued at approximately $167,595,812.15. This represents a 4.36% 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. Over the last three months, insiders sold 1,766,118 shares of company stock worth $399,450,353. 3.94% of the stock is owned by insiders.

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.

Analyst Ratings Changes

A number of research firms have issued reports on NVDA. DZ Bank reiterated a “buy” rating on shares of NVIDIA in a research note on Wednesday, August 26th. DA Davidson restated a “buy” rating and set a $300.00 price target on shares of NVIDIA in a research note on Thursday, August 27th. Rosenblatt Securities restated a “buy” rating and set a $390.00 price target on shares of NVIDIA in a report on Tuesday, September 29th. Zacks Research raised shares of NVIDIA from a “hold” rating to a “strong-buy” rating in a research note on Monday, September 21st. Finally, Oppenheimer set a $315.00 price objective on shares of NVIDIA and gave the company an “outperform” rating in a research note on Thursday, August 27th. Five analysts have rated the stock with a Strong Buy rating, forty-nine have issued a Buy rating and one has given a Hold rating to the company. According to data from MarketBeat, NVIDIA presently has a consensus rating of “Buy” and an average target price of $321.47.

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.