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12,917 Shares in NVIDIA Co. (NASDAQ:NVDA) Acquired by BXM Wealth LLC

12,917 Shares in NVIDIA Co. (NASDAQ:NVDA) Acquired by BXM Wealth LLC

  • 19.03.2025 00:00
  • etfdailynews.com
  • Keywords: High Risk

BXM Wealth LLC purchased 12,917 NVIDIA shares worth $1.7 million, making it their 8th largest holding. Analysts have a "Moderate Buy" consensus with a target price of $171.51.

Nvidia NewsNvidia ReportsNVDAsentiment_satisfied

Estimated market influence

NVIDIA Co.

NVIDIA Co.

Positivesentiment_satisfied
Analyst rating: Strong buy

BXM Wealth LLC purchased a new position in NVIDIA, increasing its holdings and indicating confidence in the company's future performance.

BXM Wealth LLC

Positivesentiment_satisfied
Analyst rating: N/A

Acquired 12,917 shares of NVIDIA, showing investment confidence.

Context

Analysis of NVIDIA Co. (NASDAQ:NVDA) Stock Acquisition by BXM Wealth LLC and Market Implications

Key Facts and Data Points

  • Shares Acquired: 12,917 shares by BXM Wealth LLC
  • Valuation: Approximately $1,735,000
  • Portfolio Weight: NVIDIA constitutes 2.4% of BXM Wealth LLC’s holdings, ranking as its 8th largest holding

Market Trends and Business Impact

  • Institutional Investment Surge: Multiple large investors increased their stakes in NVIDIA during the third quarter:
    • International Assets Investment Management LLC increased by 12,898.6%, acquiring 55,859,917 shares worth $6.836 billion.
    • Clear Street Derivatives LLC invested $4.589 billion in new shares.
    • Geode Capital Management LLC increased holdings by 2.2% (11.5 million shares).
    • UBS AM increased by 3.8% (6.5 million shares).
    • National Pension Service increased by 14.9% (6.1 million shares).

Analyst Sentiment and Price Targets

  • Consensus Rating: "Moderate Buy" with a target price of $171.51.
  • Price Target Highlights:
    • Cantor Fitzgerald: $200.00 (Overweight)
    • Citigroup: $175.00 (Buy, up from $170.00)
    • Barclays: $175.00 (Overweight, up from $160.00)
    • Wedbush: $175.00 (Outperform)
    • Robert W. Baird: $190.00 (Outperform, up from $150.00)

Stock Performance Metrics

  • Current Share Price: Opened at $115.43 on Wednesday.
  • Moving Averages: 50-day ($128.17), 200-day ($131.21).
  • Price Range: 1-year low of $75.61, high of $153.13.
  • Market Cap: $2.82 trillion.
  • Financial Ratios: P/E (45.43), PEG (1.76), Beta (1.77).

Earnings and Dividends

  • Qtrly Earnings: $0.89 EPS vs. estimate $0.84, with revenue $39.33 billion vs. estimate $38.16 billion.
  • Dividend Announcement: Quarterly dividend of $0.01 ($0.04 annualized), yield 0.03%, payout ratio 1.36%.

Insider Activity

  • Director Sale: Sold 2,663 shares at $110.00, reducing holdings by 13.35%.
  • EVP Ajay K. Puri Sale: Sold 36,462 shares at $151.10, reducing holdings by 0.93%.
  • Total Insider Sales: 92,449 shares worth $11.96 million in the last three months.

Competitive Dynamics and Strategic Considerations

  • NVIDIA’s dominance in graphics and compute solutions positions it as a key player in gaming, enterprise workstations, AI, and the metaverse.
  • Institutional inflows indicate confidence in NVIDIA’s long-term growth potential, driven by advancements in GPU technology and AI adoption.

Long-Term Effects and Regulatory Impacts

  • Growth Potential: Strong earnings and increasing institutional investments suggest sustained demand for NVIDIA’s products.
  • Regulatory Environment: As AI regulation evolves, NVIDIA’s role in enabling AI technologies may attract further scrutiny and opportunities.

Conclusion

The acquisition by BXM Wealth LLC and other institutional investors underscores NVIDIA’s strategic importance in the tech sector. Positive analyst sentiment, strong financial performance, and consistent insider activity suggest continued growth and market leadership for NVIDIA.