NVIDIA Corporation $NVDA Shares Acquired by Norris Perne & French LLP MI

Norris Perne & French LLP MI lifted its stake in shares of NVIDIA Corporation (NASDAQ:NVDA) by 39.5% during the second quarter, Holdings Channel reports. The firm owned 115,863 shares of the computer hardware maker’s stock after buying an additional 32,820 shares during the period. NVIDIA comprises about 1.4% of Norris Perne & French LLP MI’s holdings, making the stock its 16th largest position. Norris Perne & French LLP MI’s holdings in NVIDIA were worth $23,183,000 as of its most recent SEC filing.

Several other hedge funds have also recently bought and sold shares of the company. Defender Capital LLC. boosted its position in shares of NVIDIA by 0.7% during the second quarter. Defender Capital LLC. now owns 7,534 shares of the computer hardware maker’s stock worth $1,507,000 after buying an additional 50 shares during the period. Spectrum Financial Alliance Ltd LLC raised its stake in NVIDIA by 3.8% during the 1st quarter. Spectrum Financial Alliance Ltd LLC now owns 1,395 shares of the computer hardware maker’s stock valued at $243,000 after acquiring an additional 51 shares in the last quarter. PFS Partners LLC boosted its position in NVIDIA by 1.2% during the 2nd quarter. PFS Partners LLC now owns 4,375 shares of the computer hardware maker’s stock worth $875,000 after acquiring an additional 51 shares during the period. LMG Wealth Partners LLC increased its holdings in shares of NVIDIA by 0.7% during the fourth quarter. LMG Wealth Partners LLC now owns 7,649 shares of the computer hardware maker’s stock valued at $1,427,000 after purchasing an additional 53 shares during the period. Finally, Vision Financial Markets LLC lifted its holdings in NVIDIA by 1.2% in the third quarter. Vision Financial Markets LLC now owns 4,640 shares of the computer hardware maker’s stock worth $866,000 after purchasing an additional 53 shares during the period. 65.27% of the stock is currently owned by institutional investors.

Trending Headlines about NVIDIA

Here are the key news stories impacting NVIDIA this week:

• Positive Sentiment: NVIDIA is expanding its AI-infrastructure footprint through a reported $3.1 billion Indonesia deal, potentially strengthening regional data-center capacity and demand for its GPUs and networking products. Nvidia Expands AI Infrastructure Push With Indonesia Deal
• Positive Sentiment: OpenAI’s plan to spend roughly $750 billion on computing infrastructure through 2030 reinforces the scale of the addressable market for NVIDIA accelerators, although OpenAI says it remains short of capacity. OpenAI Compute Spending Plans
• Positive Sentiment: NVIDIA’s latest quarterly results remain a strong fundamental backdrop: revenue reached $96.2 billion, up 105.9% year over year, while earnings exceeded expectations. Analysts continue to cite Blackwell, Vera Rubin, networking and supply-constrained demand as growth drivers. Nvidia Customers Wanted More Than It Could Build
• Positive Sentiment: Michael Burry exited his December 2026-dated NVIDIA put positions while retaining longer-dated puts. Closing near-term bearish bets may modestly ease concerns, though his remaining positions still signal skepticism. Michael Burry Sells December 2026 NVIDIA Puts
• Neutral Sentiment: NVIDIA’s investment in Verily Health and expanded ecosystem relationships, including open-source AI and healthcare initiatives, could broaden future applications but are unlikely to materially affect near-term earnings. Verily Health Investment
• Negative Sentiment: Director Mark Stevens sold 1,022,239 shares for approximately $235.6 million across two transactions, reducing a sizable personal holding. The sales may weigh on sentiment despite not necessarily indicating weaker company fundamentals. NVIDIA Director Insider Selling
• Negative Sentiment: Short seller Jim Chanos questioned the economics of renting NVIDIA GPUs, raising concerns about utilization, customer returns and whether high rental rates can persist as newer chips are introduced. Jim Chanos Challenges NVIDIA GPU Rental Economics
• Negative Sentiment: Qualcomm’s AI infrastructure agreement with Amazon highlights the growing threat from custom and competing accelerators, while investors continue to debate NVIDIA’s multitrillion-dollar valuation and margin outlook. Nvidia and Qualcomm AI Chip Competition

Insider Transactions at NVIDIA

In other NVIDIA news, EVP Timothy S. Teter sold 30,000 shares of the company’s stock in a transaction that occurred on Monday, August 31st. The shares were sold at an average price of $217.88, for a total value of $6,536,400.00. Following the transaction, the executive vice president owned 2,687,660 shares in the company, valued at approximately $585,587,360.80. This represents a 1.10% decrease in their position. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is available through the SEC website. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Also, 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 completion of the sale, the director owned 5,207,271 shares of the company’s stock, valued at approximately $1,094,412,146.07. The trade was a 14.53% decrease in their position. The SEC filing for this sale provides additional information. Insiders sold a total of 2,585,740 shares of company stock worth $571,015,527 in the last quarter. 3.94% of the stock is owned by corporate insiders.

Wall Street Analysts Forecast Growth

Several research analysts have recently issued reports on NVDA shares. Robert W. Baird set a $500.00 price objective on shares of NVIDIA and gave the company an “outperform” rating in a report on Thursday, May 21st. BMO Capital Markets set a $340.00 price target on NVIDIA and gave the company an “outperform” rating in a research report on Thursday, August 20th. TD Cowen restated a “buy” rating on shares of NVIDIA in a report on Tuesday, August 18th. Stifel Nicolaus set a $315.00 price target on shares of NVIDIA in a report on Thursday, August 27th. Finally, William Blair restated an “outperform” rating on shares of NVIDIA in a research report on Tuesday, June 2nd. Two investment analysts have rated the stock with a Strong Buy rating, fifty have given a Buy rating and three have assigned a Hold rating to the company. Based on data from MarketBeat.com, NVIDIA has an average rating of “Moderate Buy” and a consensus price target of $324.34.

NVIDIA Price Performance

Shares of NASDAQ:NVDA opened at $223.67 on Thursday. The company’s fifty day moving average is $212.35 and its two-hundred day moving average is $203.02. 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 12-month low of $164.27 and a 12-month high of $236.54. The company has a market cap of $5.39 trillion, a P/E ratio of 28.28, a price-to-earnings-growth ratio of 1.77 and a beta of 2.22.

NVIDIA (NASDAQ:NVDA) last issued its earnings results on Wednesday, August 26th. The computer hardware maker reported $2.22 EPS 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%.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 earnings per share. Equities analysts expect that NVIDIA Corporation will post 9.1 earnings per share for the current fiscal year.

NVIDIA declared that its board has approved a share repurchase 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 buy up to 1.5% of its stock through open market purchases. Stock repurchase programs are usually a sign that the company’s board believes its stock is undervalued.

NVIDIA Announces Dividend

The firm also recently announced a quarterly dividend, which will be paid on Thursday, October 1st. Shareholders of record on Thursday, September 10th will be paid a dividend of $0.25 per share. This represents a $1.00 annualized dividend and a yield of 0.4%. The ex-dividend date of this dividend is Thursday, September 10th. NVIDIA’s payout ratio is 12.64%.

NVIDIA Profile

NVIDIA Corporation is a technology company that designs accelerated computing platforms, graphics processors and related software. Its products are used for artificial intelligence, machine learning, high-performance computing, computer graphics, data-center applications and other workloads that benefit from parallel processing.

The company’s offerings include GeForce graphics processing units (GPUs) and software for gaming and personal computers; data-center GPUs, systems and networking products; and professional visualization solutions for design, engineering, media and scientific applications.