Krilogy Financial LLC boosted its holdings in NVIDIA Corporation (NASDAQ:NVDA – Free Report) by 1.7% during the third quarter, according to the company in its most recent filing with the Securities and Exchange Commission. The firm owned 283,467 shares of the computer hardware maker’s stock after acquiring an additional 4,743 shares during the period. NVIDIA accounts for 1.7% of Krilogy Financial LLC’s holdings, making the stock its 14th biggest position. Krilogy Financial LLC’s holdings in NVIDIA were worth $64,154,000 as of its most recent SEC filing.
Several other hedge funds have also added to or reduced their stakes in NVDA. Walker Asset Management LLC boosted its stake in NVIDIA by 3.3% in the 3rd quarter. Walker Asset Management LLC now owns 34,762 shares of the computer hardware maker’s stock valued at $7,939,000 after purchasing an additional 1,101 shares during the period. Affinity Capital Advisors LLC grew its holdings in NVIDIA by 72.5% in the 3rd quarter. Affinity Capital Advisors LLC now owns 42,728 shares of the computer hardware maker’s stock valued at $9,797,000 after buying an additional 17,958 shares in the last quarter. Trinity Wealth Management LLC grew its holdings in NVIDIA by 21.3% in the 3rd quarter. Trinity Wealth Management LLC now owns 2,127 shares of the computer hardware maker’s stock valued at $486,000 after buying an additional 373 shares in the last quarter. Mechanics Bank Trust Department increased its position in NVIDIA by 6.4% during the 3rd quarter. Mechanics Bank Trust Department now owns 89,443 shares of the computer hardware maker’s stock worth $20,427,000 after buying an additional 5,383 shares during the period. Finally, Clay Northam Wealth Management LLC increased its position in NVIDIA by 0.7% during the 3rd quarter. Clay Northam Wealth Management LLC now owns 36,670 shares of the computer hardware maker’s stock worth $8,375,000 after buying an additional 250 shares during the period. Institutional investors and hedge funds own 65.27% of the company’s stock.
Key NVIDIA News
Here are the key news stories impacting NVIDIA this week:
- Positive Sentiment: Underlying AI infrastructure demand remains a support: one report cited resilient demand and tight TSMC manufacturing capacity, while NVIDIA’s OpenShell integration with ModelOp adds another enterprise AI governance use case. Article: What Is Going On With Nvidia Stock on Wednesday? Article: ModelOp Unveils Industry-First Full-Stack AI Policy Enforcement With NVIDIA OpenShell
- Neutral Sentiment: NVIDIA’s reported guidance of $108 billion sets a high bar for upcoming revenue expectations, making the next results and outlook an important test of whether demand can continue to meet investor expectations. Article: Nvidia Stocks Decline 1.35% as $108 Billion Guide Sets the Next Revenue Hurdle
- Negative Sentiment: Democratic midterm victories sparked concerns that data-center projects could face slower approvals or higher costs, weighing on semiconductor shares even as broader markets rallied. Article: Why is Nvidia stock falling while broader markets rally on Democratic midterm win?
- Negative Sentiment: NVIDIA has reportedly told cloud partners to generate at least 51% of sales from non-Chinese customers. The move responds to U.S. export rules but could constrain business with Chinese customers and complicate operations for some providers. Article: Nvidia Is Telling Cloud Clients to Sell at Least 51% to Non-Chinese Customers
- Negative Sentiment: Melius Research reportedly cut its price target, and shares slipped below their 200-day moving average—adding to near-term caution amid broader chip-sector weakness. Article: NVIDIA Stock Price Target Cut by Melius Research Article: NVIDIA Share Price Crosses Below 200 Day Moving Average Following Analyst Downgrade
Analysts Set New Price Targets
A number of research firms have recently weighed in on NVDA. Weiss Ratings downgraded NVIDIA from a “buy (b+)” rating to a “buy (b)” rating in a report on Monday. Benchmark restated a “buy” rating and issued a $335.00 price target on shares of NVIDIA in a research note on Thursday, August 27th. Royal Bank Of Canada raised their price target on shares of NVIDIA from $300.00 to $330.00 and gave the stock an “outperform” rating in a research report on Thursday, August 27th. Wells Fargo & Company set a $210.00 price objective on shares of NVIDIA in a research note on Friday, October 2nd. Finally, BMO Capital Markets set a $340.00 price objective on shares of NVIDIA and gave the company an “outperform” rating in a report on Thursday, August 20th. Five analysts have rated the stock with a Strong Buy rating, forty-eight have given a Buy rating and one has issued a Hold rating to the company. Based on data from MarketBeat, NVIDIA has a consensus rating of “Buy” and an average price target of $318.85.
Read Our Latest Stock Report on NVDA
NVIDIA Stock Performance
NASDAQ:NVDA opened at $200.13 on Thursday. The stock has a fifty day moving average price of $221.19 and a 200-day moving average price of $204.51. The company has a market cap of $4.82 trillion, a price-to-earnings ratio of 25.30, a PEG ratio of 1.59 and a beta of 2.21. 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 Corporation has a fifty-two week low of $164.27 and a fifty-two week high of $243.37.
NVIDIA (NASDAQ:NVDA – Get Free Report) last released its earnings results on Wednesday, August 26th. The computer hardware maker reported $2.22 earnings per share (EPS) for the quarter, topping the consensus estimate of $2.09 by $0.13. NVIDIA had a return on equity of 96.04% and a net margin of 63.66%. The company had revenue of $96.22 billion for the quarter, compared to analyst estimates of $92.27 billion. During the same period in the prior year, the firm posted $1.05 EPS. NVIDIA’s quarterly revenue was up 105.9% on a year-over-year basis. As a group, equities analysts anticipate that NVIDIA Corporation will post 9.30 EPS for the current fiscal year.
NVIDIA Announces Dividend
The company also recently disclosed a quarterly dividend, which was paid on Thursday, October 1st. Investors of record on Thursday, September 10th were given a dividend of $0.25 per share. The ex-dividend date of this dividend was Thursday, September 10th. This represents a $1.00 annualized dividend and a yield of 0.5%. NVIDIA’s dividend payout ratio is currently 12.64%.
NVIDIA declared that its Board of Directors has initiated a share repurchase plan on Monday, September 28th that permits the company to buy back $150 billion in shares. This repurchase authorization permits the computer hardware maker to repurchase up to 2.8% of its shares through open market purchases. Share repurchase plans are usually an indication that the company’s leadership believes its shares are undervalued.
Insider Buying and Selling
In other NVIDIA news, EVP Timothy Teter sold 30,460 shares of the stock in a transaction dated 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 sale, the executive vice president directly owned 2,687,660 shares in the company, valued at $598,810,648. This represents a 1.12% decrease in their ownership of the stock. The sale was disclosed in a filing with the SEC, which is available at the SEC website. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Also, Director Mark Stevens sold 622,239 shares of the firm’s stock in a transaction dated 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 completion of the transaction, the director directly owned 2,336,531 shares in the company, valued at approximately $541,187,310.22. This represents a 21.03% decrease in their ownership of the stock. The disclosure for this sale is available in the SEC filing. Insiders sold 1,766,118 shares of company stock valued at $399,450,353 over the last quarter. 3.94% of the stock is owned by company insiders.
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.
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