NVIDIA Corporation $NVDA Position Lowered by Salem Investment Counselors Inc.

Salem Investment Counselors Inc. cut its stake in NVIDIA Corporation (NASDAQ:NVDA) by 1.2% in the second quarter, HoldingsChannel.com reports. The fund owned 1,373,183 shares of the computer hardware maker’s stock after selling 17,346 shares during the period. NVIDIA accounts for 6.8% of Salem Investment Counselors Inc.’s holdings, making the stock its 2nd biggest position. Salem Investment Counselors Inc.’s holdings in NVIDIA were worth $274,760,000 at the end of the most recent reporting period.

Other large investors also recently modified their holdings of the company. Cardinal Point Capital Management ULC increased its position in shares of NVIDIA by 0.4% during the 2nd quarter. Cardinal Point Capital Management ULC now owns 153,736 shares of the computer hardware maker’s stock valued at $30,761,000 after purchasing an additional 668 shares during the last quarter. Plancorp LLC raised its position in shares of NVIDIA by 15.1% during the 2nd quarter. Plancorp LLC now owns 60,873 shares of the computer hardware maker’s stock valued at $12,390,000 after purchasing an additional 7,998 shares during the period. Welch Financial Planning LLC lifted its position in shares of NVIDIA by 24.1% in the second quarter. Welch Financial Planning LLC now owns 5,545 shares of the computer hardware maker’s stock valued at $1,110,000 after acquiring an additional 1,078 shares in the last quarter. Capelight Capital Asset Management LP lifted its holdings in NVIDIA by 39.4% in the 2nd quarter. Capelight Capital Asset Management LP now owns 46,000 shares of the computer hardware maker’s stock worth $9,204,000 after purchasing an additional 13,000 shares in the last quarter. Finally, Burney Co. boosted its position in shares of NVIDIA by 17.6% during the second quarter. Burney Co. now owns 408,265 shares of the computer hardware maker’s stock worth $81,690,000 after acquiring an additional 61,078 shares during the last quarter. Institutional investors own 65.27% of the company’s stock.

NVIDIA Stock Down 4.6%

Shares of NVDA stock opened at $217.55 on Friday. NVIDIA Corporation has a fifty-two week low of $164.07 and a fifty-two week high of $236.54. 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 P/E/G ratio of 0.44 and a beta of 2.23. The stock’s 50-day simple moving average is $208.09 and its 200-day simple moving average is $200.77.

NVIDIA (NASDAQ:NVDA) last announced its quarterly earnings data on Wednesday, August 26th. The computer hardware maker reported $2.22 EPS for the quarter, beating the consensus estimate 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 during the quarter, compared to analysts’ expectations of $92.27 billion. During the same period in the previous year, the business posted $1.05 EPS. The business’s quarterly revenue was up 105.9% compared to the same quarter last year. Equities analysts expect that NVIDIA Corporation will post 8.92 earnings per share for the current year.

NVIDIA announced that its Board of Directors has initiated a share buyback program on Wednesday, May 20th that permits the company to repurchase $80.00 billion in outstanding shares. This repurchase authorization permits the computer hardware maker to purchase up to 1.5% of its shares through open market purchases. Shares repurchase programs are usually a sign that the company’s board of directors believes its stock is undervalued.

NVIDIA Announces Dividend

The business also recently declared a quarterly dividend, which will be paid on Thursday, October 1st. Shareholders of record on Thursday, September 10th will be issued a $0.25 dividend. The ex-dividend date of this dividend is Thursday, September 10th. This represents a $1.00 dividend on an annualized basis and a yield of 0.5%. NVIDIA’s payout ratio is presently 15.31%.

Insider Buying and Selling at NVIDIA

In other NVIDIA news, Director Mark A. Stevens sold 885,000 shares of the stock in a transaction that occurred on Thursday, June 18th. The stock was sold at an average price of $210.17, for a total transaction of $186,000,450.00. Following the transaction, the director owned 5,207,271 shares in the company, valued at approximately $1,094,412,146.07. This represents a 14.53% decrease in their ownership of the stock. The sale was disclosed in a document filed with the SEC, which can be accessed through this hyperlink. Also, Director Stephen C. Neal sold 15,500 shares of NVIDIA stock in a transaction on Wednesday, June 3rd. The shares were sold at an average price of $215.73, for a total transaction of $3,343,815.00. Following the completion of the sale, the director directly owned 116,135 shares in the company, valued at $25,053,803.55. This represents a 11.77% decrease in their position. The SEC filing for this sale provides additional information. Over the last quarter, insiders sold 1,900,500 shares of company stock valued at $410,449,265. Company insiders own 3.94% of the company’s stock.

Analyst Ratings Changes

A number of brokerages recently commented on NVDA. Susquehanna reissued a “positive” rating and set a $275.00 price target (up from $250.00) on shares of NVIDIA in a research note on Tuesday, May 12th. Royal Bank Of Canada lifted their price target on shares of NVIDIA from $300.00 to $330.00 and gave the stock an “outperform” rating in a research note on Thursday. KeyCorp reaffirmed an “overweight” rating and issued a $330.00 price objective on shares of NVIDIA in a research report on Monday, August 24th. DZ Bank restated a “buy” rating on shares of NVIDIA in a research note on Thursday, May 21st. Finally, BMO Capital Markets set a $340.00 price target on NVIDIA and gave the stock an “outperform” rating in a research report on Thursday, August 20th. Two investment 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, the stock presently has a consensus rating of “Moderate Buy” and a consensus target price of $322.61.

Trending Headlines about NVIDIA

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

About NVIDIA

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.