Sound Income Strategies LLC Boosts Stock Position in NVIDIA Corporation $NVDA

Sound Income Strategies LLC increased its holdings in NVIDIA Corporation (NASDAQ:NVDA) by 15.4% during the 2nd quarter, according to its most recent Form 13F filing with the SEC. The fund owned 96,736 shares of the computer hardware maker’s stock after purchasing an additional 12,919 shares during the period. Sound Income Strategies LLC’s holdings in NVIDIA were worth $19,356,000 at the end of the most recent quarter.

Several other institutional investors have also bought and sold shares of the business. State Street Corp lifted its holdings in shares of NVIDIA by 1.2% in the 4th quarter. State Street Corp now owns 991,480,489 shares of the computer hardware maker’s stock valued at $184,911,111,000 after acquiring an additional 11,451,386 shares during the last quarter. Geode Capital Management LLC grew its position in NVIDIA by 0.6% in the fourth quarter. Geode Capital Management LLC now owns 588,803,093 shares of the computer hardware maker’s stock worth $109,446,217,000 after acquiring an additional 3,383,441 shares in the last quarter. Norges Bank bought a new stake in NVIDIA during the fourth quarter worth approximately $62,244,133,000. Bank of America Corp DE raised its position in NVIDIA by 2.1% during the first quarter. Bank of America Corp DE now owns 191,200,989 shares of the computer hardware maker’s stock valued at $33,345,453,000 after purchasing an additional 4,019,505 shares during the period. Finally, Legal & General Group Plc raised its position in NVIDIA by 1.5% during the third quarter. Legal & General Group Plc now owns 181,203,035 shares of the computer hardware maker’s stock valued at $33,808,862,000 after purchasing an additional 2,609,560 shares during the period. Institutional investors own 65.27% of the company’s stock.

NVIDIA Stock Performance

Shares of NASDAQ:NVDA opened at $230.36 on Tuesday. The firm has a market cap of $5.55 trillion, a PE ratio of 29.12, a price-to-earnings-growth ratio of 1.81 and a beta of 2.22. The firm’s 50 day simple moving average is $211.32 and its 200-day simple moving average is $202.51. NVIDIA Corporation has a one year low of $164.07 and a one year high of $236.54. The company has a debt-to-equity ratio of 0.14, a quick ratio of 3.85 and a current ratio of 4.59.

NVIDIA (NASDAQ:NVDA) last announced its quarterly earnings results on Wednesday, August 26th. The computer hardware maker reported $2.22 earnings per share (EPS) for the quarter, beating 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 quarter in the previous year, the business earned $1.05 earnings per share. NVIDIA’s quarterly revenue was up 105.9% on a year-over-year basis. As a group, equities analysts predict that NVIDIA Corporation will post 9.1 EPS for the current year.

NVIDIA declared that its board has initiated a share buyback plan on Wednesday, May 20th that allows the company to buyback $80.00 billion in outstanding shares. This buyback authorization allows the computer hardware maker to purchase up to 1.5% of its stock through open market purchases. Stock buyback plans are typically an indication 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. Shareholders of record on Thursday, September 10th will be issued a $0.25 dividend. 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 is currently 12.64%.

NVIDIA News Summary

Here are the key news stories impacting NVIDIA this week:

• Positive Sentiment: NVIDIA’s planned $12.93 billion acquisition of Hugging Face could expand its full-stack AI strategy by combining its chips and CUDA software with Hugging Face’s open-model library and developer community. Analysts view the deal as potentially strengthening NVIDIA’s competitive moat. NVIDIA’s Hugging Face Buyout article
• Positive Sentiment: CEO Jensen Huang said OpenAI’s GPT-6 Astra was trained on more than 100,000 Grace Blackwell systems, with another 400,000 GPUs coming online. The announcement reinforces NVIDIA’s role in the largest AI model deployments and highlights potential demand for future systems. Jensen Huang and OpenAI Astra article
• Positive Sentiment: NVIDIA’s $20 billion Groq investment is moving toward commercialization, with Groq 3 LPX racks expected to deploy alongside Vera CPUs and Rubin GPUs at Nebius later this year. This supports the company’s effort to broaden beyond standalone GPUs into complete AI infrastructure. NVIDIA Groq rack article
• Neutral Sentiment: Broadcom raised its expected fiscal 2027 AI-chip revenue to about $115 billion, signaling continued hyperscaler spending but also showing that customers increasingly want custom accelerators in addition to NVIDIA GPUs. Broadcom AI forecast article
• Negative Sentiment: Investors face growing risks from custom chips, AMD and older GPUs being redeployed for longer periods, potentially slowing replacement demand. Opposition to energy-intensive data centers could also delay the infrastructure buildout that supports NVIDIA’s sales. NVIDIA competition article
• Negative Sentiment: Despite exceptional growth, valuation expectations are demanding, while higher memory costs, rising receivables and weaker sequential free cash flow could pressure margins and investor confidence.

Insider Buying and Selling at NVIDIA

In related news, EVP Timothy S. Teter sold 30,000 shares of NVIDIA stock in a transaction dated Monday, August 31st. The stock was sold at an average price of $217.88, for a total value of $6,536,400.00. Following the completion of 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 transaction was disclosed in a legal filing with the SEC, which is available through the SEC website. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Also, Director Mark A. Stevens sold 63,501 shares of the stock in a transaction dated Tuesday, September 1st. The stock was sold at an average price of $220.06, for a total transaction of $13,974,030.06. Following the transaction, the director owned 4,558,770 shares in the company, valued at approximately $1,003,202,926.20. The trade was a 1.37% decrease in their ownership of the stock. The disclosure for this sale is available in the SEC filing. Insiders sold a total of 1,563,501 shares of company stock valued at $335,380,530 over the last quarter. Company insiders own 3.94% of the company’s stock.

Wall Street Analysts Forecast Growth

A number of brokerages have recently commented on NVDA. Susquehanna reiterated a “positive” rating and issued a $275.00 target price (up from $250.00) on shares of NVIDIA in a report on Tuesday, May 12th. Benchmark restated a “buy” rating and set a $335.00 price target on shares of NVIDIA in a report on Thursday, August 27th. Craig Hallum raised their price target on NVIDIA from $245.00 to $275.00 and gave the stock a “buy” rating in a research report on Thursday, May 21st. Oppenheimer set a $315.00 price objective on shares of NVIDIA and gave the stock an “outperform” rating in a research note on Thursday, August 27th. Finally, Seaport Research Partners boosted their price objective on shares of NVIDIA from $140.00 to $180.00 and gave the company a “sell” rating in a research report on Thursday, May 21st. Two investment analysts have rated the stock with a Strong Buy rating, fifty have issued a Buy rating and three have assigned a Hold rating to the company’s stock. According to data from MarketBeat.com, the company currently has an average rating of “Moderate Buy” and a consensus price target 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.