2,406 NVIDIA Corporation $NVDA Shares Sold by Private Harbour Investment Management & Counsel LLC

Private Harbour Investment Management & Counsel LLC cut its stake in NVIDIA Corporation (NASDAQ:NVDA) by 6.8% in the second quarter, according to its most recent Form 13F filing with the Securities & Exchange Commission. The firm owned 32,913 shares of the computer hardware maker’s stock after selling 2,406 shares during the quarter. NVIDIA accounts for about 7.8% of Private Harbour Investment Management & Counsel LLC’s investment portfolio, making the stock its 2nd largest holding. Private Harbour Investment Management & Counsel LLC’s holdings in NVIDIA were worth $6,586,000 as of its most recent filing with the Securities & Exchange Commission.

Several other hedge funds have also recently made changes to their positions in the stock. Harvest Management LLC raised its position in NVIDIA by 7.9% in the second quarter. Harvest Management LLC now owns 2,533 shares of the computer hardware maker’s stock worth $507,000 after acquiring an additional 186 shares during the period. Flputnam Investment Management Co. boosted its stake in shares of NVIDIA by 8.9% during the 2nd quarter. Flputnam Investment Management Co. now owns 1,717,562 shares of the computer hardware maker’s stock worth $343,667,000 after acquiring an additional 139,872 shares during the last quarter. Provident Trust Co. bought a new stake in shares of NVIDIA during the 2nd quarter valued at $212,000. Nichols & Pratt Advisers LLP MA grew its position in shares of NVIDIA by 1.7% during the 2nd quarter. Nichols & Pratt Advisers LLP MA now owns 32,010 shares of the computer hardware maker’s stock valued at $6,405,000 after acquiring an additional 540 shares during the period. Finally, Northwestern Mutual Wealth Management Co. grew its position in shares of NVIDIA by 2.2% during the 2nd quarter. Northwestern Mutual Wealth Management Co. now owns 5,923,023 shares of the computer hardware maker’s stock valued at $1,185,138,000 after acquiring an additional 126,986 shares during the period. 65.27% of the stock is owned by hedge funds and other institutional investors.

NVIDIA News Summary

Here are the key news stories impacting NVIDIA this week:

• Positive Sentiment: Automotive expansion: Volvo Cars is expanding its long-running partnership with NVIDIA, adopting three NVIDIA hardware and software components for automated driving systems designed for urban streets and highways. This strengthens NVIDIA’s position in physical AI and autonomous vehicles. Volvo Cars expands automated driving partnership with Nvidia
• Positive Sentiment: Broader enterprise adoption: Adobe and NVIDIA expanded their collaboration to optimize Photoshop, Premiere, Substance 3D, Frame.io and Brand Concierge for faster AI-powered creation. LSEG also selected NVIDIA GPUs to accelerate analysis of its large Tick History dataset, supporting demand beyond hyperscale cloud providers. Adobe and NVIDIA Expand Collaboration to Speed Agentic Creation
• Positive Sentiment: Demand remains substantial: QumulusAI put all GPUs covered by a $71.9 million, three-year NVIDIA Blackwell agreement into production, while industry coverage continues to highlight supply constraints and extensive hyperscaler AI spending. These developments support NVIDIA’s revenue outlook, although they do not eliminate financing risks. QumulusAI Blackwell agreement
• Neutral Sentiment: AI safety initiatives: NVIDIA committed $250 million in computing resources over five years for U.K. agentic AI safety and security research. The move may improve NVIDIA’s regulatory and reputational position, but it is primarily a strategic investment rather than a near-term earnings catalyst. Nvidia pledges $250 million to boost UK AI safety research
• Neutral Sentiment: Political and governance attention: NVIDIA confirmed a multimillion-dollar donation to President Trump’s White House ballroom project, while CEO Jensen Huang discussed working with Chinese AI companies on safety and potentially withholding chips from irresponsible customers. These developments could generate reputational or regulatory scrutiny without directly changing near-term results. Nvidia and Cisco donations
• Negative Sentiment: Macro and financing concerns dominated: Rising Treasury yields and hotter inflation data encouraged investors to reduce exposure to high-growth AI stocks. Markets are increasingly questioning whether cloud providers and neoclouds can fund the infrastructure spending required to support NVIDIA’s growth. Rate pressure versus AI demand
• Negative Sentiment: Competition and valuation rotation: Analysts pointed to Micron’s lower valuation and improving AI-related margins as a more attractive alternative, while Broadcom, AMD and Microsoft’s custom-chip efforts reinforce concerns that NVIDIA’s market share and pricing power could face pressure. Micron versus NVIDIA

Analyst Upgrades and Downgrades

Several equities research analysts have recently commented on NVDA shares. Mizuho set a $315.00 price objective on NVIDIA and gave the stock an “outperform” rating in a research note on Thursday, August 27th. Benchmark reiterated a “buy” rating and set a $335.00 target price on shares of NVIDIA in a research report on Thursday, August 27th. Itau BBA Securities cut their price target on NVIDIA from $256.00 to $218.00 in a report on Wednesday, June 24th. Deutsche Bank Aktiengesellschaft reissued a “buy” rating on shares of NVIDIA in a report on Monday, August 31st. Finally, KGI Securities upped their price target on NVIDIA from $335.00 to $345.00 in a research report on Thursday, August 27th. Five equities 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 stock. According to data from MarketBeat.com, NVIDIA presently has a consensus rating of “Buy” and a consensus target price of $321.89.

Insider Buying and Selling

In other NVIDIA news, CFO Colette Kress sold 34,918 shares of the stock in a transaction on Thursday, September 17th. The stock was sold at an average price of $219.05, for a total value of $7,648,787.90. Following the completion of the sale, the chief financial officer owned 765,103 shares in the company, valued at approximately $167,595,812.15. This represents a 4.36% decrease in their position. The sale was disclosed in a filing with the SEC, which is accessible through the SEC website. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Also, EVP Timothy Teter sold 30,460 shares of the firm’s stock in a transaction dated Monday, September 21st. The shares were sold at an average price of $222.80, for a total value of $6,786,488.00. Following the sale, the executive vice president directly owned 2,687,660 shares in the company, valued at approximately $598,810,648. This represents a 1.12% decrease in their ownership of the stock. The SEC filing for this sale provides additional information. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. In the last quarter, insiders sold 1,766,118 shares of company stock valued at $399,450,353. Company insiders own 3.94% of the company’s stock.

NVIDIA Stock Performance

NVDA opened at $217.23 on Friday. The firm has a market cap of $5.24 trillion, a P/E ratio of 27.46, a PEG ratio of 1.71 and a beta of 2.22. NVIDIA Corporation has a 1-year low of $164.27 and a 1-year high of $243.37. The company has a 50 day simple moving average of $223.40 and a two-hundred day simple moving average of $211.08. The company has a debt-to-equity ratio of 0.14, a current ratio of 4.59 and a quick ratio of 3.85.

NVIDIA (NASDAQ:NVDA) last announced its quarterly earnings data on Wednesday, August 26th. The computer hardware maker reported $2.22 earnings per share (EPS) for the quarter, topping analysts’ consensus estimates of $2.09 by $0.13. The firm had revenue of $96.22 billion during the quarter, compared to analysts’ expectations of $92.27 billion. NVIDIA had a net margin of 63.66% and a return on equity of 96.04%. The company’s revenue for the quarter was up 105.9% compared to the same quarter last year. During the same period in the prior year, the company posted $1.05 earnings per share. Equities analysts forecast that NVIDIA Corporation will post 9.25 earnings per share for the current fiscal year.

NVIDIA Dividend Announcement

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

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

NVIDIA Company 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.