Octavia Wealth Advisors LLC Sells 13,510 Shares of NVIDIA Corporation $NVDA

Octavia Wealth Advisors LLC lessened its stake in NVIDIA Corporation (NASDAQ:NVDA) by 9.2% in the second quarter, according to the company in its most recent 13F filing with the Securities & Exchange Commission. The firm owned 133,717 shares of the computer hardware maker’s stock after selling 13,510 shares during the quarter. NVIDIA comprises about 2.3% of Octavia Wealth Advisors LLC’s holdings, making the stock its 7th largest holding. Octavia Wealth Advisors LLC’s holdings in NVIDIA were worth $26,755,000 at the end of the most recent reporting period.

A number of other hedge funds also recently made changes to their positions in NVDA. Defender Capital LLC. lifted its holdings in NVIDIA by 0.7% in the 2nd 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 in the last quarter. Spectrum Financial Alliance Ltd LLC grew its stake in shares of NVIDIA by 3.8% during the first 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. LMG Wealth Partners LLC increased its position 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 worth $1,427,000 after acquiring an additional 53 shares during the last quarter. Vision Financial Markets LLC lifted its stake in shares of 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 acquiring an additional 53 shares in the last quarter. Finally, JGP Global Gestao de Recursos Ltda. lifted its stake in shares of NVIDIA by 2.3% in the fourth quarter. JGP Global Gestao de Recursos Ltda. now owns 2,402 shares of the computer hardware maker’s stock worth $448,000 after acquiring an additional 55 shares in the last quarter. Hedge funds and other institutional investors own 65.27% of the company’s stock.

Key NVIDIA News

Here are the key news stories impacting NVIDIA this week:

• Positive Sentiment: Record results exceeded expectations: Fiscal Q2 revenue reached $96.2 billion, up 106% year over year, while Data Center revenue rose 117% to $89.0 billion. Non-GAAP EPS was $2.22 versus the $2.09 consensus, and gross margin remained 75%. NVIDIA Announces Financial Results for Second Quarter Fiscal 2027
• Positive Sentiment: Guidance reinforced the AI growth story: NVIDIA forecast approximately $108 billion in fiscal Q3 revenue and indicated that fiscal 2028 revenue could grow about 70%, well above prior Wall Street expectations. Management said demand is exceeding available supply across memory, packaging, power and computing capacity. Nvidia rises after signaling longer AI spending runway
• Positive Sentiment: Customer commitments and product expansion support visibility: AWS plans to add two million NVIDIA GPUs, while the Vera Rubin platform is entering full production. The company also announced financing partnerships intended to mobilize more than $500 billion for AI infrastructure. NVIDIA quarterly results
• Positive Sentiment: Analysts raised their targets: JPMorgan lifted its target to $320, RBC to $330, and other firms set targets as high as $345-$352, citing NVIDIA’s growth, margins and CUDA ecosystem. What Wall Street is saying about NVIDIA
• Neutral Sentiment: NVIDIA is reportedly pursuing a roughly $12.9 billion acquisition of open-source AI platform Hugging Face, which could broaden its software ecosystem but remains unconfirmed and may carry integration and valuation risks. Nvidia agrees to buy Hugging Face, report says
• Negative Sentiment: Investors are monitoring profitability and execution risks: Fiscal Q3 gross-margin guidance of 74% is below the latest quarter, reflecting higher memory and infrastructure costs. NVIDIA also excludes China Data Center compute revenue from its outlook. NVIDIA earnings call puts supply limits at center of outlook
• Negative Sentiment: The company paused some revenue-sharing and financing arrangements with AI cloud firms, raising questions about customer funding, circular financing concerns and the sustainability of AI returns. Nvidia pauses revenue-sharing deals

Analyst Ratings Changes

Several equities research analysts have issued reports on the company. Susquehanna restated a “positive” rating and set a $275.00 price objective (up from $250.00) on shares of NVIDIA in a report on Tuesday, May 12th. Daiwa Securities Group lifted their price target on shares of NVIDIA from $215.00 to $255.00 and gave the stock an “outperform” rating in a research note on Friday, May 22nd. Argus upped their price target on shares of NVIDIA from $220.00 to $270.00 and gave the company a “buy” rating in a report on Thursday, May 21st. Seaport Research Partners raised their price objective on shares of NVIDIA from $140.00 to $180.00 and gave the stock a “sell” rating in a report on Thursday, May 21st. Finally, Rothschild & Co Redburn upped their target price on shares of NVIDIA from $280.00 to $300.00 and gave the company a “buy” rating in a research note on Tuesday, May 26th. Two research analysts have rated the stock with a Strong Buy rating, forty-eight have given a Buy rating and four have given a Hold rating to the company. According to data from MarketBeat, NVIDIA presently has a consensus rating of “Moderate Buy” and a consensus price target of $322.61.

NVIDIA Price Performance

Shares of NVDA opened at $227.98 on Friday. NVIDIA Corporation has a one year low of $164.07 and a one year high of $236.54. The stock’s fifty day moving average is $207.95 and its 200-day moving average is $200.66. The company has a debt-to-equity ratio of 0.04, a quick ratio of 2.85 and a current ratio of 3.44. The firm has a market capitalization of $5.52 trillion, a price-to-earnings ratio of 28.82, a price-to-earnings-growth ratio of 0.41 and a beta of 2.23.

NVIDIA (NASDAQ:NVDA) last announced its earnings results on Wednesday, August 26th. The computer hardware maker reported $2.22 earnings per share (EPS) for the quarter, beating analysts’ consensus estimates of $2.09 by $0.13. The firm had revenue of $96.22 billion during the quarter, compared to analyst estimates of $92.27 billion. NVIDIA had a net margin of 63.66% and a return on equity of 107.00%. NVIDIA’s revenue was up 105.9% compared to the same quarter last year. During the same quarter in the prior year, the firm posted $1.05 EPS. Equities analysts anticipate that NVIDIA Corporation will post 8.8 EPS for the current year.

NVIDIA Announces Dividend

The business also recently disclosed a quarterly dividend, which will be paid on Thursday, October 1st. Investors of record on Thursday, September 10th will be paid a dividend of $0.25 per share. This represents a $1.00 dividend on an annualized basis and a dividend yield of 0.4%. The ex-dividend date is Thursday, September 10th. NVIDIA’s dividend payout ratio (DPR) is currently 15.31%.

NVIDIA declared that its board has authorized a stock buyback plan on Wednesday, May 20th that allows the company to buyback $80.00 billion in shares. This buyback authorization allows the computer hardware maker to buy up to 1.5% of its stock through open market purchases. Stock buyback plans are often an indication that the company’s management believes its stock is undervalued.

Insider Activity at NVIDIA

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

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.