NVIDIA Corporation $NVDA Stock Acquired by S.E.E.D. Planning Group LLC

S.E.E.D. Planning Group LLC grew its holdings in shares of NVIDIA Corporation (NASDAQ:NVDA) by 177.4% in the third quarter, HoldingsChannel.com reports. The fund owned 8,678 shares of the computer hardware maker’s stock after acquiring an additional 5,550 shares during the quarter. S.E.E.D. Planning Group LLC’s holdings in NVIDIA were worth $1,982,000 at the end of the most recent quarter.

A number of other large investors have also recently bought and sold shares of NVDA. State Street Corp grew its stake in NVIDIA by 1.6% during the second quarter. State Street Corp now owns 1,009,783,437 shares of the computer hardware maker’s stock worth $202,047,568,000 after purchasing an additional 15,897,836 shares during the period. Bank of America Corp DE increased its holdings in NVIDIA by 2.2% in the second quarter. Bank of America Corp DE now owns 195,366,864 shares of the computer hardware maker’s stock worth $39,090,956,000 after purchasing an additional 4,165,875 shares in the last quarter. Amundi increased its holdings in NVIDIA by 10.4% in the first quarter. Amundi now owns 133,768,018 shares of the computer hardware maker’s stock worth $23,329,141,000 after purchasing an additional 12,575,177 shares in the last quarter. Deutsche Bank AG lifted its stake in NVIDIA by 2.3% in the second quarter. Deutsche Bank AG now owns 91,954,159 shares of the computer hardware maker’s stock valued at $18,399,108,000 after buying an additional 2,045,101 shares during the period. Finally, Dimensional Fund Advisors LP lifted its stake in NVIDIA by 0.6% in the first quarter. Dimensional Fund Advisors LP now owns 94,521,253 shares of the computer hardware maker’s stock valued at $16,479,126,000 after buying an additional 555,221 shares during the period. 65.27% of the stock is currently owned by institutional investors and hedge funds.

NVIDIA Trading Down 1.2%

NASDAQ NVDA opened at $215.38 on Thursday. The company has a quick ratio of 3.85, a current ratio of 4.59 and a debt-to-equity ratio of 0.14. NVIDIA Corporation has a 52 week low of $164.27 and a 52 week high of $243.37. The business has a 50 day moving average price of $222.06 and a 200-day moving average price of $204.00. The company has a market cap of $5.19 trillion, a price-to-earnings ratio of 27.23, a P/E/G ratio of 1.62 and a beta of 2.22.

NVIDIA (NASDAQ:NVDA) last posted its quarterly earnings results on Wednesday, August 26th. The computer hardware maker reported $2.22 earnings per share (EPS) for the quarter, beating the consensus estimate of $2.09 by $0.13. The business had revenue of $96.22 billion during the quarter, compared to the consensus estimate of $92.27 billion. NVIDIA had a net margin of 63.66% and a return on equity of 96.04%. NVIDIA’s revenue was up 105.9% compared to the same quarter last year. During the same quarter last year, the firm posted $1.05 EPS. As a group, equities analysts expect that NVIDIA Corporation will post 9.30 earnings per share for the current fiscal year.

NVIDIA Dividend Announcement

The firm also recently disclosed a quarterly dividend, which was paid on Thursday, October 1st. Shareholders of record on Thursday, September 10th were paid a $0.25 dividend. This represents a $1.00 dividend on an annualized basis and a dividend yield of 0.5%. The ex-dividend date of this dividend was Thursday, September 10th. NVIDIA’s dividend payout ratio (DPR) is 12.64%.

NVIDIA announced that its Board of Directors has approved a share repurchase program on Monday, September 28th that authorizes the company to repurchase $150 billion in shares. This buyback authorization authorizes the computer hardware maker to repurchase up to 2.8% of its stock through open market purchases. Share buyback programs are generally an indication that the company’s management believes its stock is undervalued.

Key Stories Impacting NVIDIA

Here are the key news stories impacting NVIDIA this week:

• Positive Sentiment: NVIDIA will invest $3 billion in Meta as the companies expand their partnership on Meta’s Muse AI models. Meta also plans to deploy more NVIDIA Vera Rubin systems, Vera CPUs, Spectrum-X networking, and BlueField-4 technology, reinforcing NVIDIA’s position as a core supplier for hyperscale AI infrastructure. Nvidia, Meta partner on Muse agent as Nvidia invests $3 billion
• Positive Sentiment: NVIDIA released Nemotron 3.5 Transcribe, an open-weight speech model supporting up to 40 languages, broadening its software and AI-model ecosystem beyond hardware. Nvidia releases new open transcription model
• Positive Sentiment: Investor commentary remains bullish on upcoming results, with expectations for triple-digit earnings growth and the possibility that NVIDIA could raise its existing growth outlook as supply constraints ease and major customers increase AI infrastructure spending. What to expect from NVIDIA’s next quarterly earnings report
• Neutral Sentiment: NVIDIA scheduled its third-quarter financial-results conference call for November 17. The event may become the next major catalyst, particularly for guidance on demand, supply, margins, and customer capital spending. NVIDIA sets conference call for third-quarter financial results
• Negative Sentiment: The U.S. Department of Justice is examining NVIDIA’s proposed $12.93 billion acquisition of Hugging Face, creating potential antitrust and deal-completion risk. US DOJ examines Nvidia’s Hugging Face acquisition
• Negative Sentiment: Google’s TPUs are gaining distribution through Oracle Cloud, while OpenAI is reportedly buying Google’s AI chips. Greater adoption of custom accelerators could pressure NVIDIA’s market share, pricing power, and dependence on hyperscaler spending. Google’s AI chip business is getting harder for Nvidia to ignore
• Negative Sentiment: Reported price increases from TSMC of 10%–20% for advanced packaging and 3%–6% for leading-edge wafers could raise NVIDIA’s production costs, although strong demand may allow some costs to be passed through. Taiwan Semiconductor flexes pricing power on AI’s frontline

Analyst Ratings Changes

A number of equities analysts have issued reports on the company. UBS Group restated a “buy” rating on shares of NVIDIA in a report on Friday, October 9th. Yorkville Ives started coverage on shares of NVIDIA in a report on Tuesday, October 6th. They issued an “outperform” rating and a $300.00 price target for the company. Benchmark reaffirmed a “buy” rating and issued a $335.00 price target on shares of NVIDIA in a research note on Thursday, August 27th. HSBC lifted their price target on shares of NVIDIA from $360.00 to $365.00 in a research note on Thursday, August 27th. Finally, KGI Securities upped their price objective on shares of NVIDIA from $335.00 to $345.00 in a report on Thursday, August 27th. Five investment analysts have rated the stock with a Strong Buy rating, forty-nine have assigned a Buy rating and one has assigned a Hold rating to the company’s stock. According to MarketBeat, NVIDIA presently has a consensus rating of “Buy” and a consensus target price of $321.47.

Insider Buying and Selling at NVIDIA

In other news, Director Mark Stevens sold 622,239 shares of NVIDIA 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 $541,187,310.22. This trade represents a 21.03% decrease in their ownership of the stock. The sale was disclosed in a filing with the Securities & Exchange Commission, which is available through this hyperlink. Also, EVP Timothy Teter sold 30,460 shares of the business’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 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 ownership of the stock. 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. Over the last three months, insiders have sold 1,766,118 shares of company stock valued at $399,450,353. Corporate insiders own 3.94% of the company’s stock.

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.