Myriad Asset Management Advisors LLC Acquires 6,501 Shares of NVIDIA Corporation $NVDA

Myriad Asset Management Advisors LLC increased its holdings in NVIDIA Corporation (NASDAQ:NVDA) by 6.5% during the second quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The institutional investor owned 107,253 shares of the computer hardware maker’s stock after purchasing an additional 6,501 shares during the quarter. NVIDIA accounts for 5.1% of Myriad Asset Management Advisors LLC’s holdings, making the stock its 3rd biggest position. Myriad Asset Management Advisors LLC’s holdings in NVIDIA were worth $21,460,000 as of its most recent SEC filing.

Several other institutional investors and hedge funds have also added to or reduced their stakes in the business. Hughes Financial Services LLC boosted its holdings in NVIDIA by 14.3% during the second quarter. Hughes Financial Services LLC now owns 7,295 shares of the computer hardware maker’s stock worth $1,460,000 after buying an additional 914 shares in the last quarter. Graphene Investments SAS increased its holdings in shares of NVIDIA by 34.8% in the second quarter. Graphene Investments SAS now owns 46,900 shares of the computer hardware maker’s stock valued at $9,384,000 after buying an additional 12,100 shares in the last quarter. Cornerstone Wealth Advisors Inc. lifted its position in shares of NVIDIA by 7.4% during the 2nd quarter. Cornerstone Wealth Advisors Inc. now owns 1,456 shares of the computer hardware maker’s stock valued at $291,000 after acquiring an additional 100 shares during the last quarter. Sowell Financial Services LLC lifted its position in shares of NVIDIA by 2.7% during the 2nd quarter. Sowell Financial Services LLC now owns 413,140 shares of the computer hardware maker’s stock valued at $82,665,000 after acquiring an additional 10,981 shares during the last quarter. Finally, West Paces Advisors Inc. boosted its stake in shares of NVIDIA by 12.3% during the 2nd quarter. West Paces Advisors Inc. now owns 13,537 shares of the computer hardware maker’s stock worth $2,709,000 after acquiring an additional 1,478 shares in the last quarter. 65.27% of the stock is owned by institutional investors and hedge funds.

Key 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 Stock Up 0.8%

NASDAQ:NVDA opened at $230.36 on Friday. The business’s fifty day moving average price is $210.61 and its 200 day moving average price is $202.05. The firm has a market capitalization of $5.55 trillion, a price-to-earnings ratio of 29.12, a PEG ratio of 1.81 and a beta of 2.22. The company has a current ratio of 4.59, a quick ratio of 3.85 and a debt-to-equity ratio of 0.14. NVIDIA Corporation has a 1-year low of $164.07 and a 1-year high of $236.54.

NVIDIA (NASDAQ:NVDA) last announced its quarterly earnings data on Wednesday, August 26th. The computer hardware maker reported $2.22 EPS for the quarter, topping analysts’ consensus estimates of $2.09 by $0.13. NVIDIA had a return on equity of 96.04% and a net margin of 63.66%.The firm had revenue of $96.22 billion during the quarter, compared to analyst estimates of $92.27 billion. During the same period last year, the company posted $1.05 EPS. The business’s quarterly revenue was up 105.9% compared to the same quarter last year. On average, sell-side analysts forecast that NVIDIA Corporation will post 9.1 earnings per share for the current fiscal year.

NVIDIA announced that its board has initiated a share 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 reacquire up to 1.5% of its shares through open market purchases. Shares buyback plans are typically an indication that the company’s management believes its shares are undervalued.

NVIDIA Announces Dividend

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

Insider Buying and Selling

In other NVIDIA news, 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 of the company’s stock, valued at $585,587,360.80. This trade represents a 1.10% decrease in their position. The sale was disclosed in a filing with the SEC, which is available at this hyperlink. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Also, Director Mark A. Stevens sold 885,000 shares of the business’s stock in a transaction on Thursday, June 18th. The shares were sold at an average price of $210.17, for a total transaction of $186,000,450.00. Following the transaction, the director owned 5,207,271 shares in the company, valued at approximately $1,094,412,146.07. This represents a 14.53% decrease in their ownership of the stock. The disclosure for this sale is available in the SEC filing. Insiders have sold 1,563,501 shares of company stock worth $335,380,530 over the last ninety days. 3.94% of the stock is currently owned by insiders.

Analyst Ratings Changes

NVDA has been the topic of a number of recent research reports. JPMorgan Chase & Co. lifted their target price on NVIDIA from $280.00 to $320.00 and gave the stock an “overweight” rating in a report on Thursday, August 27th. Susquehanna reiterated a “positive” rating and issued a $275.00 price target (up from $250.00) on shares of NVIDIA in a research report on Tuesday, May 12th. Citigroup reissued a “buy” rating and issued a $315.00 price target (up from $300.00) on shares of NVIDIA in a research note on Thursday, August 27th. The Goldman Sachs Group restated a “neutral” rating and set a $300.00 price objective (up from $285.00) on shares of NVIDIA in a report on Thursday, August 27th. Finally, Wells Fargo & Company reaffirmed an “overweight” rating and set a $315.00 price objective on shares of NVIDIA in a research note on Tuesday, August 11th. Two investment 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 company’s stock. According to data from MarketBeat, NVIDIA presently has a consensus rating of “Moderate Buy” and a consensus target price of $324.83.

NVIDIA Company 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.