11,773,591 NVIDIA Corporation $NVDA Shares Sold by Wellington Management Group LLP

Wellington Management Group LLP trimmed its position in NVIDIA Corporation (NASDAQ:NVDA) by 8.8% during the 2nd quarter, HoldingsChannel reports. The firm owned 122,084,399 shares of the computer hardware maker’s stock after selling 11,773,591 shares during the period. NVIDIA comprises about 4.2% of Wellington Management Group LLP’s investment portfolio, making the stock its biggest position. Wellington Management Group LLP’s holdings in NVIDIA were worth $24,427,867,000 at the end of the most recent quarter.

A number of other large investors have also made changes to their positions in NVDA. J. Stern & Co. LLP grew its position in NVIDIA by 13,709.1% during the fourth quarter. J. Stern & Co. LLP now owns 125,760,307 shares of the computer hardware maker’s stock valued at $23,454,297,000 after buying an additional 124,849,603 shares during the period. Jupiter Topco LLC bought a new position in NVIDIA in the second quarter worth approximately $16,156,076,000. Amundi raised its position in NVIDIA by 10.4% in the first quarter. Amundi now owns 133,768,018 shares of the computer hardware maker’s stock worth $23,329,141,000 after acquiring an additional 12,575,177 shares during the period. SEB Asset Management AB bought a new position in NVIDIA in the first quarter worth approximately $1,692,807,000. Finally, Employees Provident Fund Board purchased a new position in shares of NVIDIA during the 4th quarter worth $1,243,336,000. 65.27% of the stock is currently owned by institutional investors.

Insider Activity

In related news, CFO Colette Kress sold 34,918 shares of the firm’s stock in a transaction 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 transaction, the chief financial officer directly owned 765,103 shares of the company’s stock, valued at approximately $167,595,812.15. This trade represents a 4.36% decrease in their ownership of the stock. The transaction was disclosed in a document filed with the SEC, which can be accessed through this hyperlink. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Also, Director Mark Stevens sold 622,239 shares of the business’s stock in a transaction dated Friday, September 4th. The stock was sold at an average price of $231.62, for a total transaction of $144,122,997.18. Following the completion of the sale, the director owned 2,336,531 shares in the company, valued at approximately $541,187,310.22. This trade represents a 21.03% decrease in their ownership of the stock. The disclosure for this sale is available in the SEC filing. In the last ninety days, insiders sold 1,766,118 shares of company stock worth $399,450,353. 3.94% of the stock is currently owned by insiders.

More NVIDIA News

Here are the key news stories impacting NVIDIA this week:

• Positive Sentiment: NVIDIA announced a five-year, $250 million compute commitment to support U.K. AI safety and security research. The initiative strengthens NVIDIA’s relationships with governments, universities and AI developers while promoting its hardware and software ecosystem. NVIDIA pledges $250 million to boost UK AI safety research
• Positive Sentiment: New ecosystem announcements highlighted continued demand for NVIDIA technology. LSEG is using NVIDIA GPUs to accelerate historical market-data processing, while NVIDIA introduced tools including cuPotential for molecular simulation and expanded collaborations in AI-defined chip manufacturing. LSEG teams up with NVIDIA for faster market data processing
• Positive Sentiment: State Street launched a sector ETF designed to give NVIDIA a 20.93% allocation, above the 15.41% weighting in its comparable fund, potentially creating incremental demand for NVDA shares. New State Street Sector ETFs Give Biggest Stocks Full Weight
• Neutral Sentiment: CEO Jensen Huang said NVIDIA would stop supplying chips to customers developing unsafe AI systems. The stance may improve regulatory and reputational positioning, although broader AI-safety concerns could increase scrutiny of the company and industry. Nvidia, Anthropic Weigh In On AI Safeguards
• Negative Sentiment: Investors are assessing competitive threats from Microsoft’s Maia 300 architecture and Intel’s lower-cost, air-cooled Crescent Island inference GPU. Custom accelerators and cheaper inference solutions could pressure NVIDIA’s pricing, growth assumptions and market share over time. Microsoft Just Unveiled a Brand-New AI Chip
• Negative Sentiment: IDC reportedly estimates NVIDIA’s China AI-chip market share has fallen to 34% as Huawei gains ground, underscoring export restrictions and rising local competition. Separately, investor Michael Burry is betting against chip stocks, reinforcing valuation and AI-spending concerns. NVIDIA’s China AI chip market share falls to 34%

Wall Street Analysts Forecast Growth

NVDA has been the subject of a number of recent research reports. Stifel Nicolaus set a $315.00 price objective on shares of NVIDIA in a research report on Thursday, August 27th. Rothschild & Co Redburn raised their target price on NVIDIA from $300.00 to $325.00 in a report on Thursday, August 27th. UBS Group reiterated a “buy” rating on shares of NVIDIA in a research report on Friday, October 9th. Weiss Ratings reiterated a “buy (b)” rating on shares of NVIDIA in a research report on Friday, October 2nd. Finally, Oppenheimer set a $315.00 price target on NVIDIA and gave the company an “outperform” rating in a report on Thursday, August 27th. Five research analysts have rated the stock with a Strong Buy rating, forty-nine have issued a Buy rating and one has issued a Hold rating to the company’s stock. Based on data from MarketBeat.com, the company currently has a consensus rating of “Buy” and a consensus price target of $321.89.

NVIDIA Price Performance

Shares of NVIDIA stock opened at $221.30 on Thursday. The stock’s 50-day simple moving average is $223.43 and its 200-day simple moving average is $210.73. NVIDIA Corporation has a 52 week low of $164.27 and a 52 week high of $243.37. The company has a market capitalization of $5.33 trillion, a price-to-earnings ratio of 27.98, a PEG ratio of 1.77 and a beta of 2.22. 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 (NASDAQ:NVDA) last posted its quarterly earnings results on Wednesday, August 26th. The computer hardware maker reported $2.22 EPS for the quarter, topping analysts’ consensus estimates of $2.09 by $0.13. NVIDIA had a return on equity of 96.04% and a net margin of 63.66%. The company had revenue of $96.22 billion for the quarter, compared to analysts’ expectations of $92.27 billion. During the same period in the previous year, the firm earned $1.05 EPS. The firm’s revenue was up 105.9% compared to the same quarter last year. As a group, analysts expect that NVIDIA Corporation will post 9.25 earnings per share for the current fiscal year.

NVIDIA declared that its Board of Directors has initiated a stock buyback plan on Monday, September 28th that allows the company to repurchase $150.00 billion in outstanding shares. This buyback authorization allows the computer hardware maker to purchase up to 2.8% of its shares through open market purchases. Stock buyback plans are usually a sign that the company’s management believes its stock is undervalued.

NVIDIA Announces Dividend

The company also recently declared a quarterly dividend, which was paid on Thursday, October 1st. Investors of record on Thursday, September 10th were paid 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 yield of 0.5%. NVIDIA’s dividend payout ratio is presently 12.64%.

NVIDIA Profile

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.