Pacifica Partners Inc. Purchases New Shares in NVIDIA Corporation $NVDA

Pacifica Partners Inc. purchased a new stake in NVIDIA Corporation (NASDAQ:NVDA) in the 3rd quarter, according to its most recent 13F filing with the Securities and Exchange Commission. The fund purchased 19,112 shares of the computer hardware maker’s stock, valued at approximately $4,414,000. NVIDIA accounts for approximately 1.4% of Pacifica Partners Inc.’s investment portfolio, making the stock its 25th biggest position.

Other institutional investors and hedge funds have also recently added to or reduced their stakes in the company. Retirement Wealth Solutions LLC increased its position in NVIDIA by 1.2% during the second quarter. Retirement Wealth Solutions LLC now owns 4,121 shares of the computer hardware maker’s stock worth $825,000 after acquiring an additional 47 shares during the period. LightSquare Wealth Management LLC raised its stake in NVIDIA by 0.3% in the 2nd quarter. LightSquare Wealth Management LLC now owns 18,695 shares of the computer hardware maker’s stock worth $3,741,000 after purchasing an additional 49 shares in the last quarter. Defender Capital LLC. raised its stake 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 purchasing an additional 50 shares in the last quarter. Kooman & Associates boosted its holdings in NVIDIA by 0.6% in the 2nd quarter. Kooman & Associates now owns 8,464 shares of the computer hardware maker’s stock valued at $1,694,000 after purchasing an additional 50 shares during the period. Finally, Roof Eidam Maycock Peralta LLC boosted its holdings in NVIDIA by 0.3% in the 2nd quarter. Roof Eidam Maycock Peralta LLC now owns 18,827 shares of the computer hardware maker’s stock valued at $3,767,000 after purchasing an additional 50 shares during the period. 65.27% of the stock is owned by institutional investors and hedge funds.

Insider Buying and Selling at NVIDIA

In other NVIDIA news, Director Mark Stevens sold 622,239 shares of the company’s stock in a transaction on 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 directly owned 2,336,531 shares in the company, valued at $541,187,310.22. This represents a 21.03% decrease in their ownership of the stock. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is available at the SEC website. Also, 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 sale, the chief financial officer directly owned 765,103 shares in the company, valued at approximately $167,595,812.15. This represents a 4.36% decrease in their position. The SEC filing for this sale provides additional information. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Insiders sold a total of 1,766,118 shares of company stock worth $399,450,353 over the last three months. Corporate insiders own 3.94% of the company’s stock.

NVIDIA Price Performance

NVDA stock opened at $204.64 on Friday. 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 $243.37. The firm has a market cap of $4.93 trillion, a P/E ratio of 25.87, a P/E/G ratio of 1.57 and a beta of 2.22. The company’s 50-day moving average price is $221.74 and its two-hundred day moving average price is $204.24.

NVIDIA (NASDAQ:NVDA) last issued its earnings results on Wednesday, August 26th. The computer hardware maker reported $2.22 EPS for the quarter, beating the consensus estimate 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 during the quarter, compared to analysts’ expectations of $92.27 billion. During the same period in the previous year, the company earned $1.05 EPS. The business’s revenue for the quarter was up 105.9% compared to the same quarter last year. On average, analysts anticipate that NVIDIA Corporation will post 9.30 earnings per share for the current fiscal year.

NVIDIA declared that its board has initiated a share buyback plan on Monday, September 28th that allows the company to buy back $150 billion in outstanding shares. This repurchase authorization allows the computer hardware maker to reacquire up to 2.8% of its shares through open market purchases. Stock repurchase plans are typically an indication that the company’s board believes its stock is undervalued.

NVIDIA Announces Dividend

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

Key Headlines Impacting NVIDIA

Here are the key news stories impacting NVIDIA this week:

• Positive Sentiment: NVIDIA’s strong earnings, expanding margins and outlook for roughly 70% revenue growth in fiscal 2028 continue to support the bullish case. Analysts argue that AI demand remains supply-constrained and that the company’s latest guidance exceeded expectations. NVIDIA’s AI Dominance Could Have Further to Run
• Positive Sentiment: The company is broadening its role beyond GPUs by offering complete AI-factory architectures, networking, software and edge systems. Expanded collaborations with Microsoft, Meta, Oracle and other partners could increase NVIDIA’s share of customers’ overall AI infrastructure budgets. How AI Factory Expansion Will Impact NVIDIA Investors
• Positive Sentiment: Commentary highlighting AI demand, pricing power and NVIDIA’s strategic investments in networking, software and AI companies provides potential long-term catalysts. Wall Street analyst sentiment remains broadly favorable despite the recent correction. NVIDIA Stock: Analyst Estimates and Ratings

Analyst Upgrades and Downgrades

A number of brokerages have issued reports on NVDA. Royal Bank Of Canada increased their target price on shares of NVIDIA from $300.00 to $330.00 and gave the stock an “outperform” rating in a research report on Thursday, August 27th. DZ Bank reiterated a “buy” rating on shares of NVIDIA in a research report on Wednesday, August 26th. Truist Financial boosted their price target on NVIDIA from $307.00 to $346.00 and gave the company a “buy” rating in a research note on Thursday, August 27th. Weiss Ratings raised NVIDIA from a “buy (b)” rating to a “buy (b+)” rating in a research report on Friday, October 16th. Finally, Rosenblatt Securities restated a “buy” rating and set a $390.00 price objective on shares of NVIDIA in a research note on Tuesday, September 29th. Five analysts have rated the stock with a Strong Buy rating, forty-nine have given a Buy rating and one has issued a Hold rating to the company’s stock. According to MarketBeat.com, the stock has a consensus rating of “Buy” and a consensus target price 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.