2,709 NVIDIA Corporation $NVDA Shares Acquired by Rehmann Capital Advisory Group

Rehmann Capital Advisory Group raised its holdings in shares of NVIDIA Corporation (NASDAQ:NVDA) by 1.8% in the 2nd quarter, Holdings Channel reports. The institutional investor owned 150,653 shares of the computer hardware maker’s stock after purchasing an additional 2,709 shares during the quarter. NVIDIA accounts for about 1.3% of Rehmann Capital Advisory Group’s portfolio, making the stock its 12th largest position. Rehmann Capital Advisory Group’s holdings in NVIDIA were worth $30,127,000 at the end of the most recent quarter.

A number of other hedge funds have also recently modified their holdings of the business. CMH Wealth Management LLC increased its holdings in NVIDIA by 4.0% during the 2nd quarter. CMH Wealth Management LLC now owns 46,153 shares of the computer hardware maker’s stock worth $9,235,000 after purchasing an additional 1,784 shares during the period. Denver PWM LLC raised its position in NVIDIA by 26.2% during the 2nd quarter. Denver PWM LLC now owns 9,780 shares of the computer hardware maker’s stock valued at $1,957,000 after purchasing an additional 2,032 shares in the last quarter. Railway Pension Investments Ltd lifted its holdings in shares of NVIDIA by 67.4% in the 2nd quarter. Railway Pension Investments Ltd now owns 2,356,300 shares of the computer hardware maker’s stock worth $471,472,000 after buying an additional 948,600 shares during the period. Orgel Wealth Management LLC purchased a new stake in shares of NVIDIA in the 2nd quarter worth $726,000. Finally, Covington Investment Advisors Inc. lifted its holdings in shares of NVIDIA by 2.1% in the 2nd quarter. Covington Investment Advisors Inc. now owns 163,112 shares of the computer hardware maker’s stock worth $32,637,000 after buying an additional 3,413 shares during the period. Institutional investors own 65.27% of the company’s stock.

NVIDIA Stock Down 1.4%

NVDA stock traded down $3.10 on Friday, hitting $214.13. 120,783,023 shares of the company’s stock were exchanged, compared to its average volume of 108,333,480. The firm has a 50 day moving average price of $223.20 and a two-hundred day moving average price of $211.10. NVIDIA Corporation has a 12-month low of $164.27 and a 12-month high of $243.37. The stock has a market cap of $5.16 trillion, a P/E ratio of 27.07, a price-to-earnings-growth ratio of 1.67 and a beta of 2.22. 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 (NASDAQ:NVDA) last issued its quarterly 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. NVIDIA had a return on equity of 96.04% and a net margin of 63.66%. The business had revenue of $96.22 billion during the quarter, compared to the consensus estimate of $92.27 billion. During the same quarter last year, the company earned $1.05 earnings per share. The company’s quarterly revenue was up 105.9% on a year-over-year basis. As a group, equities research analysts expect that NVIDIA Corporation will post 9.27 EPS for the current fiscal year.

NVIDIA Announces Dividend

The business also recently disclosed a quarterly dividend, which was paid on Thursday, October 1st. Investors of record on Thursday, September 10th were given a $0.25 dividend. This represents a $1.00 annualized dividend 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 presently 12.64%.

NVIDIA announced that its Board of Directors has approved a share buyback program on Monday, September 28th that permits the company to repurchase $150.00 billion in outstanding shares. This buyback authorization permits the computer hardware maker to buy up to 2.8% of its stock through open market purchases. Share buyback programs are generally an indication that the company’s leadership believes its shares are undervalued.

Key Headlines Impacting NVIDIA

Here are the key news stories impacting NVIDIA this week:

• Positive Sentiment: New RTX Spark laptops expand NVIDIA’s addressable market. Systems from ASUS, Dell, HP, Lenovo, Microsoft and MSI are now available starting at $2,599, combining Blackwell graphics, up to 128GB of memory and local AI capabilities. The launch could create a new consumer and developer revenue stream beyond data centers. NVIDIA RTX Spark PCs Available Today
• Positive Sentiment: Automotive and enterprise adoption continues. Volvo expanded its partnership with NVIDIA for automated-driving systems, while Adobe is integrating NVIDIA technology across Photoshop, Premiere and other creative tools. These agreements support longer-term demand for NVIDIA hardware and software. Volvo Cars expands automated driving partnership
• Positive Sentiment: Supply-chain investment and customer deployments remain strong. Taiwan is reportedly considering as much as $4 billion for Texas industrial parks serving NVIDIA suppliers, and customers continue deploying Blackwell systems. The developments reinforce demand, although they may take time to affect revenue. Taiwan Texas industrial parks
• Neutral Sentiment: NVIDIA is broadening its software and AI-model ecosystem. Paid offerings such as AI Enterprise and Mission Control, along with Nemotron open models and partnerships with AI startups, could make earnings less dependent on hardware. However, the articles provide no near-term financial contribution.
• Negative Sentiment: AI financing concerns are the main pressure. CoreWeave’s debt has reportedly traded at distressed yields, raising questions about whether highly leveraged customers can continue funding data-center expansion. Higher Treasury yields and inflation concerns are also making large AI projects more expensive. CoreWeave financing worries
• Negative Sentiment: Investors are questioning AI growth expectations. OpenAI’s reported $50 billion revenue run rate was below the roughly $68 billion previously anticipated, prompting concern that AI demand may mature more slowly. Microsoft’s development of custom Maia chips also highlights the risk of customers developing alternatives to NVIDIA GPUs. OpenAI revenue expectations
• Negative Sentiment: Reported insider selling adds a sentiment overhang. Recent data showed NVIDIA insiders made numerous sales and no open-market purchases over the past six months, though such transactions may reflect planned diversification rather than a change in business outlook.

Wall Street Analyst Weigh In

A number of equities analysts have recently issued reports on NVDA shares. Rothschild & Co Redburn increased their price target on NVIDIA from $300.00 to $325.00 in a research report on Thursday, August 27th. Morgan Stanley set a $230.00 price objective on NVIDIA in a report on Friday, October 2nd. DZ Bank reaffirmed a “buy” rating on shares of NVIDIA in a research note on Wednesday, August 26th. Citigroup reaffirmed a “buy” rating and issued a $315.00 price objective (up from $300.00) on shares of NVIDIA in a research note on Thursday, August 27th. Finally, Wells Fargo & Company set a $210.00 target price on shares of NVIDIA in a report on Friday, October 2nd. Five equities research 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. According to data from MarketBeat.com, NVIDIA has a consensus rating of “Buy” and an average target price of $321.89.

Insider Activity at NVIDIA

In related news, CFO Colette Kress sold 34,918 shares of NVIDIA stock in a transaction that occurred on 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 directly owned 765,103 shares in the company, valued at $167,595,812.15. This trade represents a 4.36% decrease in their position. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is available at this link. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Also, EVP Timothy Teter sold 30,460 shares of NVIDIA stock in a transaction that occurred on 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 owned 2,687,660 shares of the company’s stock, valued at $598,810,648. This trade represents a 1.12% decrease in their ownership of the stock. The disclosure for this sale is available in the SEC filing. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Insiders sold 1,766,118 shares of company stock valued at $399,450,353 in the last three months. 3.94% of the stock is owned by insiders.

About NVIDIA

NVIDIA Corporation is a technology company that designs accelerated computing platforms, graphics processing units (GPUs), central processing units (CPUs), networking products and related software. Its technologies are used in artificial intelligence, data centers, scientific and technical computing, gaming, professional visualization, automotive systems and robotics.

The company’s products include GeForce GPUs and gaming software, data center computing platforms, networking solutions, and enterprise software for AI development and deployment.