NVIDIA Corporation $NVDA Stock: Sherry Group Inc. Decreases Position

Sherry Group Inc. cut its position in shares of NVIDIA Corporation (NASDAQ:NVDA) by 3.2% in the third quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission. The fund owned 93,976 shares of the computer hardware maker’s stock after selling 3,080 shares during the period. NVIDIA makes up about 20.1% of Sherry Group Inc.’s portfolio, making the stock its biggest holding. Sherry Group Inc.’s holdings in NVIDIA were worth $21,462,000 at the end of the most recent reporting period.

A number of other hedge funds and other institutional investors also recently added to or reduced their stakes in NVDA. Retirement Wealth Solutions LLC grew its holdings in shares of NVIDIA by 1.2% in the second quarter. Retirement Wealth Solutions LLC now owns 4,121 shares of the computer hardware maker’s stock valued at $825,000 after purchasing an additional 47 shares in the last quarter. LightSquare Wealth Management LLC increased its position in NVIDIA by 0.3% in the second quarter. LightSquare Wealth Management LLC now owns 18,695 shares of the computer hardware maker’s stock worth $3,741,000 after purchasing an additional 49 shares during the last quarter. Defender Capital LLC. raised its stake in NVIDIA by 0.7% during the second quarter. Defender Capital LLC. now owns 7,534 shares of the computer hardware maker’s stock valued at $1,507,000 after purchasing an additional 50 shares in the last quarter. Kooman & Associates raised its stake in NVIDIA by 0.6% during the second quarter. Kooman & Associates now owns 8,464 shares of the computer hardware maker’s stock valued at $1,694,000 after purchasing an additional 50 shares in the last quarter. Finally, Roof Eidam Maycock Peralta LLC lifted its position in NVIDIA by 0.3% during the second quarter. Roof Eidam Maycock Peralta LLC now owns 18,827 shares of the computer hardware maker’s stock valued at $3,767,000 after purchasing an additional 50 shares during the last quarter. 65.27% of the stock is owned by institutional investors.

Analyst Ratings Changes

A number of equities analysts have commented on the stock. Jefferies Financial Group reissued a “buy” rating on shares of NVIDIA in a research note on Wednesday, August 26th. JPMorgan Chase & Co. upped their target price on shares of NVIDIA from $280.00 to $320.00 and gave the company an “overweight” rating in a research report on Thursday, August 27th. Yorkville Ives assumed 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. Deutsche Bank Aktiengesellschaft reiterated a “buy” rating on shares of NVIDIA in a research report on Monday, August 31st. Finally, Citigroup restated a “buy” rating and set a $315.00 price objective (up from $300.00) on shares of NVIDIA in a research report on Thursday, August 27th. Five equities research analysts have rated the stock with a Strong Buy rating, forty-eight have issued a Buy rating and one has given a Hold rating to the stock. According to MarketBeat, the company currently has a consensus rating of “Buy” and a consensus price target of $318.85.

NVIDIA Trading Down 1.3%

NASDAQ NVDA opened at $202.06 on Tuesday. The company’s 50-day moving average price is $221.49 and its 200-day moving average price is $204.33. The stock has a market cap of $4.87 trillion, a PE ratio of 25.54, a PEG ratio of 1.65 and a beta of 2.22. NVIDIA Corporation has a 12 month low of $164.27 and a 12 month high of $243.37. 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 (NASDAQ:NVDA) last issued its earnings results on Wednesday, August 26th. The computer hardware maker reported $2.22 earnings per share for the quarter, topping the consensus estimate of $2.09 by $0.13. The business had revenue of $96.22 billion during the quarter, compared to analysts’ expectations of $92.27 billion. NVIDIA had a return on equity of 96.04% and a net margin of 63.66%. The business’s revenue for the quarter was up 105.9% compared to the same quarter last year. During the same period in the prior year, the business earned $1.05 EPS. Equities research analysts forecast that NVIDIA Corporation will post 9.30 earnings per share for the current year.

NVIDIA Announces Dividend

The firm also recently announced 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. This represents a $1.00 annualized dividend and a yield of 0.5%. The ex-dividend date of this dividend was Thursday, September 10th. NVIDIA’s dividend payout ratio is currently 12.64%.

NVIDIA declared that its board has authorized a share repurchase program on Monday, September 28th that allows the company to repurchase $150 billion in shares. This buyback authorization allows the computer hardware maker to buy up to 2.8% of its stock through open market purchases. Stock buyback programs are often an indication that the company’s management believes its shares are undervalued.

Insider Buying and Selling at NVIDIA

In other news, Director Mark A. Stevens sold 622,239 shares of the business’s stock in a transaction dated Friday, September 4th. The stock was sold at an average price of $231.62, for a total value of $144,122,997.18. Following the completion of the transaction, the director owned 2,336,531 shares of the company’s stock, valued at $541,187,310.22. The trade was a 21.03% decrease in their position. The sale was disclosed in a filing with the SEC, which is available through the SEC website. Also, 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 sale, the chief financial officer owned 765,103 shares in the company, valued at $167,595,812.15. This trade represents a 4.36% 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. In the last quarter, insiders have sold 1,766,118 shares of company stock worth $399,450,353. 3.94% of the stock is owned by corporate insiders.

Trending Headlines about NVIDIA

Here are the key news stories impacting NVIDIA this week:

• Positive Sentiment: Strong demand expectations ahead of Nov. 17 earnings: NVIDIA has guided for approximately $108 billion in quarterly revenue, while analysts expect a modest beat. Recent coverage points to continued hyperscaler capital spending, potentially exceeding $1 trillion next year, supporting demand for NVIDIA’s data-center accelerators. Prediction: Nvidia Stock Is Going to Soar After Nov. 17
• Positive Sentiment: Analysts still see upside: Melius Research maintained a Buy rating despite reducing its price target to $315 from $420. Other previews forecast another earnings beat, with revenue near $113 billion and supply—not demand—as the primary constraint. Melius Research NVIDIA rating
• Positive Sentiment: Additional AI growth opportunities: NVIDIA is reportedly positioned to benefit from SpaceX’s planned AI data-center buildout, while its investment in AI startup Hark could expand future ecosystem demand. Edge-computing markets that include NVIDIA are also forecast to grow rapidly through 2030. Nvidia: SpaceX Offers An Ignored Bonus
• Neutral Sentiment: Earnings volatility remains high: NVIDIA exceeded management’s revenue forecast range in each of its past 10 reports, but shares declined the following day in six instances. This suggests a strong report may already be partly anticipated by investors. Nvidia Reports Nov. 17
• Negative Sentiment: Valuation and technical pressure: Commentators described NVIDIA’s chart as vulnerable and argued that major AI-chip stocks have not sold off enough to become compelling bargains. A market strategist also called NVIDIA’s valuation “unbelievable.” Nvidia Rebounds but Its Stock Chart Is Looking Really Ugly
• Negative Sentiment: Spending and execution risks: A prominent investor sold most of his NVIDIA position while warning that AI infrastructure spending could slow. Separate analysis highlighted $279 billion in supply commitments, rising receivables and inventory, increasing balance-sheet risk. Wall Street Veteran Dumps Most of His NVIDIA Stake
• Negative Sentiment: Geopolitical and competitive concerns: NVIDIA’s humanoid-robot reference platforms rely on hands from Chinese-linked startups, highlighting potential supply-chain and regulatory exposure. Investors are also watching AMD’s Helios AI-system ramp as a measure of whether competition is gaining ground. Nvidia’s humanoid push relies on China-made robot hands

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.