Smithbridge Asset Management Inc. DE Sells 3,236 Shares of NVIDIA Corporation $NVDA

Smithbridge Asset Management Inc. DE trimmed its position in shares of NVIDIA Corporation (NASDAQ:NVDA) by 2.4% in the 2nd quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission. The institutional investor owned 131,496 shares of the computer hardware maker’s stock after selling 3,236 shares during the period. NVIDIA comprises approximately 3.6% of Smithbridge Asset Management Inc. DE’s portfolio, making the stock its 7th biggest holding. Smithbridge Asset Management Inc. DE’s holdings in NVIDIA were worth $26,311,000 as of its most recent filing with the Securities and Exchange Commission.

A number of other institutional investors have also recently bought and sold shares of the company. Ticino Wealth grew its stake in NVIDIA by 5.2% in the second quarter. Ticino Wealth now owns 10,635 shares of the computer hardware maker’s stock valued at $2,128,000 after purchasing an additional 528 shares in the last quarter. Farmers & Merchants Investments Inc. raised its stake in shares of NVIDIA by 7.5% during the 2nd quarter. Farmers & Merchants Investments Inc. now owns 199,159 shares of the computer hardware maker’s stock worth $39,850,000 after purchasing an additional 13,817 shares in the last quarter. Hixon Zuercher LLC lifted its holdings in shares of NVIDIA by 16.7% during the 2nd quarter. Hixon Zuercher LLC now owns 57,102 shares of the computer hardware maker’s stock valued at $11,426,000 after buying an additional 8,180 shares during the last quarter. Venturi Wealth Management LLC grew its stake in shares of NVIDIA by 4.7% in the 2nd quarter. Venturi Wealth Management LLC now owns 340,034 shares of the computer hardware maker’s stock valued at $68,037,000 after buying an additional 15,227 shares in the last quarter. Finally, Selective Wealth Management Inc. increased its holdings in NVIDIA by 9.9% in the second quarter. Selective Wealth Management Inc. now owns 14,459 shares of the computer hardware maker’s stock worth $2,932,000 after buying an additional 1,301 shares during the last quarter. Institutional investors and hedge funds own 65.27% of the company’s stock.

More NVIDIA News

Here are the key news stories impacting NVIDIA this week:

• Positive Sentiment: Hugging Face expands NVIDIA’s AI ecosystem: The acquisition gives NVIDIA access to Hugging Face’s open-source platform, which hosts millions of models, applications and datasets used by more than 18 million developers. Investors view the deal as a way to deepen CUDA adoption, strengthen NVIDIA’s software moat and position the company as an AI platform provider rather than solely a chip supplier. Management says Hugging Face will remain open to the broader AI ecosystem. Why NVIDIA’s defensive move to acquire Hugging Face is about much more than chips
• Positive Sentiment: New consumer AI revenue channel: Lenovo and Acer are expected to launch Windows PCs powered by NVIDIA’s RTX Spark chip in October. Local AI processing could expand NVIDIA’s addressable market while reducing reliance on cloud data centers. HP also announced new OmniBook PCs using RTX Spark technology. NVIDIA sets October launch for RTX Spark AI PCs
• Positive Sentiment: Analyst support and demand remain strong: Needham and Rosenblatt reaffirmed Buy ratings with price targets of $300 and $390, respectively. Recent earnings showed revenue growth above 100%, a 63.7% net margin and results ahead of consensus, while management’s long-term outlook continues to imply robust AI infrastructure spending. NVIDIA’s equity investments in companies such as OpenAI, CoreWeave and Nebius have also grown substantially, reinforcing its influence across the AI supply chain. NVIDIA has built a $99 billion equity portfolio
• Neutral Sentiment: Competitive and valuation considerations: NVIDIA remains dominant, but AMD, Broadcom and Intel are pursuing AI and server opportunities. Rising memory and optical-networking costs could pressure gross margins even if they confirm that demand exceeds supply.
• Negative Sentiment: Insider selling adds a cautionary signal: Director Mark Stevens sold roughly 648,500 shares in two transactions, while EVP Timothy Teter sold 30,000 shares. The sales were disclosed under planned transactions and represent small portions of their remaining holdings, limiting their significance but potentially weighing on sentiment.

NVIDIA Price Performance

NVDA opened at $230.36 on Monday. The business has a 50 day moving average of $210.61 and a 200-day moving average of $202.19. NVIDIA Corporation has a 1-year low of $164.07 and a 1-year high of $236.54. The company has a current ratio of 4.59, a quick ratio of 3.85 and a debt-to-equity ratio of 0.14. The stock has a market capitalization of $5.55 trillion, a price-to-earnings ratio of 29.12, a P/E/G ratio of 1.81 and a beta of 2.22.

NVIDIA (NASDAQ:NVDA) last released its earnings results on Wednesday, August 26th. The computer hardware maker reported $2.22 earnings per share for the quarter, topping analysts’ consensus estimates of $2.09 by $0.13. The business had revenue of $96.22 billion for the quarter, compared to the consensus estimate of $92.27 billion. NVIDIA had a return on equity of 96.04% and a net margin of 63.66%.The firm’s revenue for the quarter was up 105.9% compared to the same quarter last year. During the same period last year, the business earned $1.05 earnings per share. As a group, sell-side analysts anticipate that NVIDIA Corporation will post 9.1 earnings per share for the current year.

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

NVIDIA Announces Dividend

The company also recently announced a quarterly dividend, which will be paid on Thursday, October 1st. Investors of record on Thursday, September 10th will be given a $0.25 dividend. This represents a $1.00 annualized dividend and a yield of 0.4%. The ex-dividend date of this dividend is Thursday, September 10th. NVIDIA’s dividend payout ratio (DPR) is 12.64%.

Insiders Place Their Bets

In other news, Director Mark Stevens sold 63,501 shares of the stock in a transaction on Tuesday, September 1st. The shares were sold at an average price of $220.06, for a total value of $13,974,030.06. Following the completion of the transaction, the director owned 4,558,770 shares in the company, valued at approximately $1,003,202,926.20. This represents a 1.37% decrease in their position. The sale was disclosed in a filing with the SEC, which can be accessed through the SEC website. Also, EVP Timothy Teter sold 30,000 shares of NVIDIA stock in a transaction that occurred on Monday, August 31st. The shares were sold at an average price of $217.88, for a total value of $6,536,400.00. Following the sale, the executive vice president directly owned 2,687,660 shares in the company, valued at $585,587,360.80. The trade was a 1.10% decrease in their ownership of the stock. The SEC filing for this sale provides additional information. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Insiders have sold 1,563,501 shares of company stock worth $335,380,530 in the last quarter. Corporate insiders own 3.94% of the company’s stock.

Analyst Upgrades and Downgrades

NVDA has been the subject of a number of analyst reports. Royal Bank Of Canada lifted their target price on shares of NVIDIA from $300.00 to $330.00 and gave the company an “outperform” rating in a research note on Thursday, August 27th. Tigress Financial restated a “strong-buy” rating and set a $425.00 price target (up from $360.00) on shares of NVIDIA in a report on Wednesday, May 27th. Melius Research set a $420.00 price objective on shares of NVIDIA in a research note on Thursday, August 27th. President Capital upped their price objective on shares of NVIDIA from $295.00 to $330.00 in a report on Thursday, August 27th. Finally, Oppenheimer set a $315.00 target price on shares of NVIDIA and gave the stock an “outperform” rating in a research report on Thursday, August 27th. Two equities research analysts have rated the stock with a Strong Buy rating, fifty have assigned a Buy rating and three have assigned a Hold rating to the company’s stock. According to MarketBeat.com, the company has a consensus rating of “Moderate Buy” and an average price target of $324.83.

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.