NVIDIA Corporation $NVDA Stock Bought by Mid American Wealth Advisory Group Inc.

Mid American Wealth Advisory Group Inc. increased its position in shares of NVIDIA Corporation (NASDAQ:NVDA) by 582.5% in the second quarter, according to its most recent Form 13F filing with the Securities & Exchange Commission. The firm owned 20,066 shares of the computer hardware maker’s stock after purchasing an additional 17,126 shares during the quarter. NVIDIA accounts for approximately 1.5% of Mid American Wealth Advisory Group Inc.’s investment portfolio, making the stock its 15th largest holding. Mid American Wealth Advisory Group Inc.’s holdings in NVIDIA were worth $4,015,000 at the end of the most recent quarter.

Several other hedge funds also recently added to or reduced their stakes in NVDA. Gibson Wealth Advisors LLC boosted its stake in shares of NVIDIA by 1.1% in the second quarter. Gibson Wealth Advisors LLC now owns 12,552 shares of the computer hardware maker’s stock worth $2,512,000 after buying an additional 135 shares during the last quarter. Saudi Central Bank grew its position in shares of NVIDIA by 80.2% in the second quarter. Saudi Central Bank now owns 1,615,955 shares of the computer hardware maker’s stock valued at $323,336,000 after purchasing an additional 719,014 shares during the period. Hutchens & Kramer Investment Management Group LLC boosted its holdings in NVIDIA by 10.9% in the 2nd quarter. Hutchens & Kramer Investment Management Group LLC now owns 17,489 shares of the computer hardware maker’s stock worth $3,499,000 after buying an additional 1,717 shares during the last quarter. Asset Allocation Strategies LLC boosted its stake in shares of NVIDIA by 6.3% in the second quarter. Asset Allocation Strategies LLC now owns 8,569 shares of the computer hardware maker’s stock worth $1,715,000 after acquiring an additional 510 shares during the last quarter. Finally, Angeles Wealth Management LLC boosted its stake in NVIDIA by 4.4% during the 2nd quarter. Angeles Wealth Management LLC now owns 177,055 shares of the computer hardware maker’s stock worth $35,427,000 after purchasing an additional 7,515 shares during the last quarter. 65.27% of the stock is owned by hedge funds and other institutional investors.

Insider Activity at NVIDIA

In other NVIDIA news, EVP Timothy S. Teter sold 30,460 shares of the 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 directly owned 2,687,660 shares of the company’s stock, valued at approximately $598,810,648. This trade represents a 1.12% decrease in their position. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which can be accessed through the SEC website. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Also, Director Mark A. Stevens sold 622,239 shares of NVIDIA stock in a transaction that occurred on Friday, September 4th. The shares were 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 in the company, valued at $541,187,310.22. This trade represents a 21.03% decrease in their ownership of the stock. Additional details regarding this sale are available in the official SEC disclosure. Insiders have sold 1,766,118 shares of company stock worth $399,450,353 in the last quarter. Company insiders own 3.94% of the company’s stock.

NVIDIA Stock Up 2.5%

Shares of NASDAQ:NVDA opened at $221.88 on Thursday. NVIDIA Corporation has a 1-year low of $164.27 and a 1-year high of $243.37. The company has a debt-to-equity ratio of 0.14, a current ratio of 4.59 and a quick ratio of 3.85. The stock has a market cap of $5.35 trillion, a P/E ratio of 28.05, a P/E/G ratio of 1.66 and a beta of 2.22. The firm has a fifty day moving average price of $223.13 and a 200 day moving average price of $212.32.

NVIDIA (NASDAQ:NVDA) last posted its quarterly earnings data on Wednesday, August 26th. The computer hardware maker reported $2.22 EPS for the quarter, beating analysts’ consensus estimates of $2.09 by $0.13. NVIDIA had a net margin of 63.66% and a return on equity of 96.04%. The company had revenue of $96.22 billion for the quarter, compared to analyst estimates of $92.27 billion. During the same period in the previous year, the business posted $1.05 earnings per share. NVIDIA’s quarterly revenue was up 105.9% on a year-over-year basis. Sell-side analysts predict that NVIDIA Corporation will post 9.30 EPS for the current year.

NVIDIA announced that its board has approved a stock buyback program on Monday, September 28th that authorizes the company to repurchase $150.00 billion in outstanding shares. This buyback authorization authorizes the computer hardware maker to repurchase up to 2.8% of its shares through open market purchases. Stock buyback programs are usually a sign that the company’s management believes its shares are undervalued.

NVIDIA Dividend Announcement

The business also recently declared a quarterly dividend, which was paid on Thursday, October 1st. Investors of record on Thursday, September 10th were issued a dividend of $0.25 per share. The ex-dividend date of this dividend was Thursday, September 10th. This represents a $1.00 dividend on an annualized basis and a dividend yield of 0.5%. NVIDIA’s dividend payout ratio (DPR) is currently 12.64%.

NVIDIA News Roundup

Here are the key news stories impacting NVIDIA this week:

• Positive Sentiment: SpaceX demand supported the broader AI trade. Elon Musk said SpaceX is adding approximately 200,000 chips per month, strengthening investor confidence that spending on NVIDIA’s systems remains robust. Nvidia Stock Rises as SpaceX Adds Chips
• Positive Sentiment: New DSX platforms could accelerate revenue deployment. NVIDIA introduced the factory-built DSX POD, which packages Vera Rubin computing, networking, cabling, power and liquid cooling in modular units. The design could reduce deployment time from roughly six months to as little as 14 days, allowing data-center operators to bring AI capacity online and generate revenue sooner. Nvidia Announces Vera Rubin Racks
• Positive Sentiment: NVIDIA is expanding beyond GPUs into complete AI factories. Its DSX ecosystem targets power, cooling and infrastructure constraints, with claims of up to 30% lower power use and near-zero cooling-water consumption in some designs. Partners including Dell, HPE, Schneider Electric, Vertiv and major cloud providers are supporting the platform. European Ecosystem Builds AI Factories With NVIDIA DSX
• Positive Sentiment: Multiple partnerships broaden NVIDIA’s long-term opportunity. GTC announcements covered robotics, autonomous vehicles, telecom AI-RAN, enterprise AI-agent security, healthcare and quantum computing. Separately, Agile Robots plans to produce up to 2,000 humanoid robots using NVIDIA technology, highlighting potential growth beyond data centers. Germany’s Agile Robots Partnership
• Neutral Sentiment: Investors remain focused on execution and competition. Analysts see continued AI spending, but Google and Amazon are developing alternatives to NVIDIA’s software and accelerators. NVIDIA’s high valuation, reliance on partners and reports of sustained insider selling could also limit upside if growth expectations or deployment timelines disappoint.

Wall Street Analysts Forecast Growth

A number of research firms have recently issued reports on NVDA. Royal Bank Of Canada upped their price target on NVIDIA from $300.00 to $330.00 and gave the company an “outperform” rating in a research report on Thursday, August 27th. Weiss Ratings raised shares of NVIDIA from a “buy (b)” rating to a “buy (b+)” rating in a research note on Friday, October 16th. Rosenblatt Securities reissued a “buy” rating and set a $390.00 target price on shares of NVIDIA in a research note on Tuesday, September 29th. Wall Street Zen upgraded shares of NVIDIA from a “buy” rating to a “strong-buy” rating in a report on Saturday, October 10th. Finally, TD Cowen reaffirmed a “buy” rating on shares of NVIDIA in a research report on Tuesday, August 18th. Five research analysts have rated the stock with a Strong Buy rating, forty-nine have assigned a Buy rating and one has assigned a Hold rating to the company. According to MarketBeat, NVIDIA presently has a consensus rating of “Buy” and an average price target of $321.47.

NVIDIA Profile

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.