44,891 Shares of NVIDIA Corporation $NVDA Acquired by Riversedge Advisors LLC

Riversedge Advisors LLC acquired a new position in NVIDIA Corporation (NASDAQ:NVDA) in the third quarter, HoldingsChannel.com reports. The institutional investor acquired 44,891 shares of the computer hardware maker’s stock, valued at approximately $10,252,000. NVIDIA comprises 1.3% of Riversedge Advisors LLC’s holdings, making the stock its 15th biggest holding.

Several other institutional investors have also recently made changes to their positions in NVDA. Wedmont Private Capital increased its stake in NVIDIA by 25.8% in the 3rd quarter. Wedmont Private Capital now owns 626,367 shares of the computer hardware maker’s stock worth $144,365,000 after acquiring an additional 128,477 shares during the last quarter. Intelligence Driven Advisers LLC raised its holdings in shares of NVIDIA by 7.6% during the 3rd quarter. Intelligence Driven Advisers LLC now owns 19,978 shares of the computer hardware maker’s stock worth $4,563,000 after acquiring an additional 1,403 shares in the last quarter. Gouws Capital LLC boosted its position in shares of NVIDIA by 11.4% during the 3rd quarter. Gouws Capital LLC now owns 20,350 shares of the computer hardware maker’s stock valued at $4,648,000 after acquiring an additional 2,085 shares during the last quarter. WoodTrust Financial Corp boosted its position in shares of NVIDIA by 8.5% during the 3rd quarter. WoodTrust Financial Corp now owns 40,291 shares of the computer hardware maker’s stock valued at $9,201,000 after acquiring an additional 3,155 shares during the last quarter. Finally, Dakota Community Bank & Trust NA grew its holdings in shares of NVIDIA by 47.9% in the third quarter. Dakota Community Bank & Trust NA now owns 9,321 shares of the computer hardware maker’s stock valued at $2,129,000 after purchasing an additional 3,018 shares in the last quarter. Hedge funds and other institutional investors own 65.27% of the company’s stock.

NVIDIA News Summary

Here are the key news stories impacting NVIDIA this week:

• Positive Sentiment: NVIDIA’s strong earnings, expanding margins and outlook for roughly 70% revenue growth in fiscal 2028 continue to support the bullish case. Analysts argue that AI demand remains supply-constrained and that the company’s latest guidance exceeded expectations. NVIDIA’s AI Dominance Could Have Further to Run
• Positive Sentiment: The company is broadening its role beyond GPUs by offering complete AI-factory architectures, networking, software and edge systems. Expanded collaborations with Microsoft, Meta, Oracle and other partners could increase NVIDIA’s share of customers’ overall AI infrastructure budgets. How AI Factory Expansion Will Impact NVIDIA Investors
• Positive Sentiment: Commentary highlighting AI demand, pricing power and NVIDIA’s strategic investments in networking, software and AI companies provides potential long-term catalysts. Wall Street analyst sentiment remains broadly favorable despite the recent correction. NVIDIA Stock: Analyst Estimates and Ratings

Analyst Ratings Changes

Several equities research analysts recently weighed in on NVDA shares. The Goldman Sachs Group restated a “buy” rating on shares of NVIDIA in a research report on Wednesday, October 21st. Weiss Ratings upgraded shares of NVIDIA from a “buy (b)” rating to a “buy (b+)” rating in a research report on Friday, October 16th. UBS Group reiterated a “buy” rating on shares of NVIDIA in a research report on Friday, October 9th. Royal Bank Of Canada lifted their price objective on shares of NVIDIA from $300.00 to $330.00 and gave the stock an “outperform” rating in a research note on Thursday, August 27th. Finally, TD Cowen restated a “buy” rating on shares of NVIDIA in a report on Tuesday, August 18th. Five analysts have rated the stock with a Strong Buy rating, forty-nine have assigned a Buy rating and one has given a Hold rating to the company’s stock. According to MarketBeat, the stock has an average rating of “Buy” and an average price target of $321.47.

NVIDIA Stock Performance

NASDAQ NVDA opened at $204.64 on Monday. The company has a market cap of $4.93 trillion, a P/E ratio of 25.87, a P/E/G ratio of 1.57 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. The business’s 50 day moving average price is $221.74 and its 200-day moving average price is $204.24. NVIDIA Corporation has a fifty-two week low of $164.27 and a fifty-two week high of $243.37.

NVIDIA (NASDAQ:NVDA) last posted its quarterly earnings data on Wednesday, August 26th. The computer hardware maker reported $2.22 earnings per share for the quarter, beating analysts’ consensus estimates of $2.09 by $0.13. NVIDIA had a net margin of 63.66% and a return on equity of 96.04%. The business had revenue of $96.22 billion for the quarter, compared to analysts’ expectations of $92.27 billion. During the same quarter in the previous year, the business posted $1.05 earnings per share. The business’s revenue was up 105.9% compared to the same quarter last year. Sell-side analysts predict that NVIDIA Corporation will post 9.30 earnings per share for the current year.

NVIDIA Announces Dividend

The company also recently declared a quarterly dividend, which was paid on Thursday, October 1st. Investors of record on Thursday, September 10th were issued a dividend of $0.25 per share. This represents a $1.00 annualized dividend and a yield of 0.5%. The ex-dividend date was Thursday, September 10th. NVIDIA’s dividend payout ratio is presently 12.64%.

NVIDIA declared that its board has initiated a share buyback plan on Monday, September 28th that allows the company to repurchase $150 billion in outstanding shares. This buyback authorization allows the computer hardware maker to buy up to 2.8% of its stock through open market purchases. Stock buyback plans are typically a sign that the company’s board of directors believes its shares are undervalued.

Insider Buying and Selling

In other NVIDIA news, CFO Colette Kress sold 34,918 shares of the firm’s stock in a transaction dated Thursday, September 17th. The shares were sold at an average price of $219.05, for a total value of $7,648,787.90. Following the completion of the sale, the chief financial officer owned 765,103 shares of the company’s stock, valued at $167,595,812.15. This trade represents a 4.36% decrease in their ownership of the stock. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is available at this hyperlink. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Also, EVP Timothy Teter sold 30,460 shares of the firm’s stock in a transaction dated Monday, September 21st. The stock was sold at an average price of $222.80, for a total transaction of $6,786,488.00. Following the completion of the sale, the executive vice president directly owned 2,687,660 shares of the company’s stock, valued at approximately $598,810,648. The trade was a 1.12% decrease in their position. 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. Insiders have sold 1,766,118 shares of company stock valued at $399,450,353 in the last ninety days. 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.