Gemmer Asset Management LLC Sells 24,560 Shares of NVIDIA Corporation $NVDA

Gemmer Asset Management LLC decreased its holdings in NVIDIA Corporation (NASDAQ:NVDA) by 8.8% during the 2nd quarter, HoldingsChannel reports. The firm owned 253,718 shares of the computer hardware maker’s stock after selling 24,560 shares during the quarter. NVIDIA comprises approximately 3.4% of Gemmer Asset Management LLC’s holdings, making the stock its 9th largest position. Gemmer Asset Management LLC’s holdings in NVIDIA were worth $50,767,000 at the end of the most recent reporting period.

Other institutional investors have also added to or reduced their stakes in the company. Churchill Financial Advisors LLC grew its position in NVIDIA by 19.5% during the 2nd quarter. Churchill Financial Advisors LLC now owns 19,744 shares of the computer hardware maker’s stock worth $3,951,000 after acquiring an additional 3,220 shares during the last quarter. Milestone Asset Management LLC raised its holdings in NVIDIA by 3.2% during the 2nd quarter. Milestone Asset Management LLC now owns 53,310 shares of the computer hardware maker’s stock worth $10,667,000 after purchasing an additional 1,665 shares during the last quarter. Firethorn Wealth Partners LLC lifted its holdings in NVIDIA by 8.6% in the second quarter. Firethorn Wealth Partners LLC now owns 12,858 shares of the computer hardware maker’s stock valued at $2,573,000 after buying an additional 1,022 shares during the period. Unique Wealth Strategies LLC boosted its position in shares of NVIDIA by 7.7% during the 2nd quarter. Unique Wealth Strategies LLC now owns 26,338 shares of the computer hardware maker’s stock valued at $5,270,000 after purchasing an additional 1,875 shares in the last quarter. Finally, Frankly Finances LLC bought a new stake in shares of NVIDIA in the 2nd quarter valued at $60,000. 65.27% of the stock is currently owned by institutional investors and hedge funds.

NVIDIA Stock Down 4.6%

Shares of NASDAQ:NVDA opened at $217.55 on Friday. The company has a debt-to-equity ratio of 0.14, a quick ratio of 2.85 and a current ratio of 4.59. The firm has a market capitalization of $5.24 trillion, a PE ratio of 27.50, a price-to-earnings-growth ratio of 0.44 and a beta of 2.23. The firm has a fifty day moving average of $208.09 and a 200 day moving average of $200.77. NVIDIA Corporation has a 52-week low of $164.07 and a 52-week high of $236.54.

NVIDIA (NASDAQ:NVDA) last announced 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. The company had revenue of $96.22 billion for 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%.NVIDIA’s revenue for the quarter was up 105.9% compared to the same quarter last year. During the same period last year, the firm posted $1.05 EPS. As a group, research analysts anticipate that NVIDIA Corporation will post 8.92 EPS for the current fiscal year.

NVIDIA announced that its board has authorized a stock buyback plan on Wednesday, May 20th that permits the company to buyback $80.00 billion in outstanding shares. This buyback authorization permits the computer hardware maker to purchase up to 1.5% of its stock through open market purchases. Stock buyback plans are typically a sign that the company’s leadership believes its stock is undervalued.

NVIDIA Dividend Announcement

The business also recently announced a quarterly dividend, which will be paid on Thursday, October 1st. Stockholders of record on Thursday, September 10th will be 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 is Thursday, September 10th. NVIDIA’s payout ratio is 15.31%.

Insider Buying and Selling

In related news, Director Stephen C. Neal sold 15,500 shares of the business’s stock in a transaction dated Wednesday, June 3rd. The stock was sold at an average price of $215.73, for a total transaction of $3,343,815.00. Following the transaction, the director owned 116,135 shares in the company, valued at $25,053,803.55. The trade was a 11.77% decrease in their position. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is available at this link. Also, Director Mark A. Stevens sold 885,000 shares of the business’s stock in a transaction that occurred on Thursday, June 18th. The shares were sold at an average price of $210.17, for a total value of $186,000,450.00. Following the transaction, the director directly owned 5,207,271 shares in the company, valued at $1,094,412,146.07. This trade represents a 14.53% decrease in their ownership of the stock. The disclosure for this sale is available in the SEC filing. In the last three months, insiders have sold 1,900,500 shares of company stock valued at $410,449,265. Insiders own 3.94% of the company’s stock.

Wall Street Analyst Weigh In

NVDA has been the topic of several recent research reports. Oppenheimer set a $315.00 price target on NVIDIA and gave the stock an “outperform” rating in a report on Thursday. JPMorgan Chase & Co. boosted their target price on NVIDIA from $280.00 to $320.00 and gave the stock an “overweight” rating in a research note on Thursday. Benchmark restated a “buy” rating and set a $335.00 price objective on shares of NVIDIA in a report on Thursday. Tigress Financial reaffirmed a “strong-buy” rating and set a $425.00 price target (up from $360.00) on shares of NVIDIA in a research report on Wednesday, May 27th. Finally, Daiwa Securities Group raised their price objective on shares of NVIDIA from $215.00 to $255.00 and gave the stock an “outperform” rating in a report on Friday, May 22nd. Two equities research analysts have rated the stock with a Strong Buy rating, forty-eight have assigned a Buy rating and four have issued a Hold rating to the stock. Based on data from MarketBeat.com, the company currently has an average rating of “Moderate Buy” and an average price target of $322.61.

NVIDIA News Roundup

Here are the key news stories impacting NVIDIA this week:

• Positive Sentiment: NVIDIA reported fiscal Q2 revenue of approximately $96.2 billion, up 106% year over year and ahead of Wall Street expectations. Data-center revenue rose 117% to $89 billion, while adjusted EPS of $2.22 also exceeded consensus. The results reinforced that hyperscaler AI spending remains robust. Nvidia rises after signaling longer AI spending runway
• Positive Sentiment: Management guided to roughly $108 billion in fiscal Q3 revenue and indicated that fiscal 2028 sales could grow about 70%, well above the roughly 45% growth analysts had modeled. The forecast has shifted the debate from whether AI demand is slowing to whether NVIDIA and its suppliers can build enough capacity. Nvidia’s 70% growth forecast
• Positive Sentiment: Several analysts raised their NVIDIA price targets following the results, including Wedbush, Truist, RBC and JPMorgan. The upgrades reflect expectations for sustained Blackwell demand, the Vera Rubin product ramp and strong order visibility through fiscal 2028. Wedbush lifts Nvidia price target
• Neutral Sentiment: NVIDIA is reportedly pursuing a roughly $12.9 billion acquisition of open-source AI platform Hugging Face. The deal could expand NVIDIA’s software ecosystem and improve visibility into future AI workloads, but reports indicate terms may not be finalized and the valuation is high relative to Hugging Face’s revenue. Nvidia agrees to buy Hugging Face report
• Negative Sentiment: Investors are locking in gains after NVIDIA’s strong post-earnings rally. The stock’s elevated valuation and proximity to record levels make it vulnerable to short-term profit-taking even though fundamentals remain strong. Nvidia AMD Intel stocks slide as investors take profits
• Negative Sentiment: Gross-margin expectations are moving lower toward roughly 72%–73% as NVIDIA absorbs higher memory, packaging and infrastructure costs. Management also said supply constraints remain significant, potentially limiting how much demand can immediately translate into revenue and cash flow.
• Negative Sentiment: Broader market pressure is coming from a more hawkish Federal Reserve outlook, while NVIDIA’s decision to exclude China data-center compute revenue from its forecast underscores continuing export-control and geopolitical risks. Reports that the company paused some revenue-sharing arrangements with AI cloud providers also raise questions about financing and customer ROI. Nvidia pauses revenue-sharing deals

NVIDIA 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.