Premier Path Wealth Partners LLC grew its holdings in NVIDIA Corporation (NASDAQ:NVDA – Free Report) by 8.6% in the first quarter, according to its most recent disclosure with the SEC. The fund owned 162,857 shares of the computer hardware maker’s stock after buying an additional 12,965 shares during the period. NVIDIA accounts for approximately 3.7% of Premier Path Wealth Partners LLC’s portfolio, making the stock its 3rd largest position. Premier Path Wealth Partners LLC’s holdings in NVIDIA were worth $28,402,000 as of its most recent SEC filing.
Other hedge funds have also made changes to their positions in the company. Presidio Capital Management LLC raised its stake in shares of NVIDIA by 0.4% during the fourth quarter. Presidio Capital Management LLC now owns 15,137 shares of the computer hardware maker’s stock worth $2,823,000 after purchasing an additional 53 shares during the last quarter. LMG Wealth Partners LLC grew its position in NVIDIA by 0.7% in the 4th quarter. LMG Wealth Partners LLC now owns 7,649 shares of the computer hardware maker’s stock valued at $1,427,000 after buying an additional 53 shares during the last quarter. Vision Financial Markets LLC grew its position in NVIDIA by 1.2% in the 3rd quarter. Vision Financial Markets LLC now owns 4,640 shares of the computer hardware maker’s stock valued at $866,000 after buying an additional 53 shares during the last quarter. Great Oak Capital Partners LLC increased its stake in NVIDIA by 3.8% in the 4th quarter. Great Oak Capital Partners LLC now owns 1,508 shares of the computer hardware maker’s stock valued at $285,000 after buying an additional 55 shares during the period. Finally, JGP Global Gestao de Recursos Ltda. raised its position in NVIDIA by 2.3% during the 4th quarter. JGP Global Gestao de Recursos Ltda. now owns 2,402 shares of the computer hardware maker’s stock worth $448,000 after buying an additional 55 shares during the last quarter. Institutional investors and hedge funds own 65.27% of the company’s stock.
Analyst Ratings Changes
Several research firms have recently commented on NVDA. Mizuho set a $300.00 target price on shares of NVIDIA in a research note on Thursday, May 21st. Daiwa Securities Group boosted 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. Wedbush raised their price objective on shares of NVIDIA from $300.00 to $330.00 and gave the company an “outperform” rating in a research report on Thursday, May 21st. Citigroup assumed coverage on NVIDIA in a report on Wednesday, April 15th. They issued a “buy” rating on the stock. Finally, Deutsche Bank Aktiengesellschaft reiterated a “hold” rating and set a $255.00 target price (up from $220.00) on shares of NVIDIA in a research report on Thursday, May 21st. Three analysts have rated the stock with a Strong Buy rating, forty-eight have issued a Buy rating and three have given a Hold rating to the stock. Based on data from MarketBeat.com, the stock presently has an average rating of “Buy” and an average target price of $303.84.
Insider Transactions at NVIDIA
In related news, Director John Dabiri sold 625 shares of the company’s stock in a transaction that occurred on Wednesday, May 27th. The stock was sold at an average price of $214.00, for a total value of $133,750.00. Following the sale, the director owned 14,163 shares in the company, valued at $3,030,882. This represents a 4.23% decrease in their position. The transaction was disclosed in a legal filing with the SEC, which is available at this hyperlink. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Also, Director Stephen C. Neal sold 15,500 shares of the firm’s stock in a transaction that occurred 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 completion of the transaction, the director directly owned 116,135 shares of the company’s stock, valued at $25,053,803.55. The trade was a 11.77% decrease in their ownership of the stock. The disclosure for this sale is available in the SEC filing. Insiders have sold 1,901,125 shares of company stock valued at $410,583,015 in the last quarter. 3.94% of the stock is currently owned by corporate insiders.
NVIDIA News Summary
Here are the key news stories impacting NVIDIA this week:
- Positive Sentiment: Bank of America reaffirmed its bullish stance, saying NVIDIA remains a top AI stock and could keep a 65% to 70%+ share of AI capital spending. Article Title
- Positive Sentiment: Multiple reports frame NVDA as a value opportunity after its selloff, with analysts citing a cheaper valuation despite record revenue and strong long-term AI demand. Article Title
- Neutral Sentiment: China may allow limited purchases of NVIDIA H200 chips by major AI firms, which could support sales but would likely be tightly capped. Article Title
- Negative Sentiment: Reports that DeepSeek is developing its own AI chip revived concerns that large customers are trying to reduce dependence on NVIDIA hardware. Article Title
- Negative Sentiment: Speculation that NVIDIA’s Kyber rack-scale system could be delayed has pressured sentiment, even though the company publicly denied a delay. Article Title
NVIDIA Stock Performance
Shares of NVDA opened at $204.12 on Thursday. The company has a quick ratio of 2.85, a current ratio of 3.44 and a debt-to-equity ratio of 0.04. NVIDIA Corporation has a 52-week low of $161.16 and a 52-week high of $236.54. The company has a 50-day simple moving average of $209.66 and a 200-day simple moving average of $194.15. The company has a market capitalization of $4.94 trillion, a PE ratio of 31.26, a P/E/G ratio of 0.44 and a beta of 2.21.
NVIDIA (NASDAQ:NVDA – Get Free Report) last released its quarterly earnings data on Wednesday, May 20th. The computer hardware maker reported $1.87 EPS for the quarter, topping analysts’ consensus estimates of $1.76 by $0.11. NVIDIA had a net margin of 62.97% and a return on equity of 96.94%. The firm had revenue of $81.61 billion for the quarter, compared to the consensus estimate of $78.42 billion. During the same quarter in the previous year, the firm earned $0.81 earnings per share. The firm’s revenue was up 85.2% on a year-over-year basis. Equities research analysts predict that NVIDIA Corporation will post 8.69 earnings per share for the current fiscal year.
NVIDIA Increases Dividend
The company also recently declared a quarterly dividend, which was paid on Friday, June 26th. Stockholders of record on Thursday, June 4th were paid a dividend of $0.25 per share. This is a positive change from NVIDIA’s previous quarterly dividend of $0.01. The ex-dividend date of this dividend was Thursday, June 4th. This represents a $1.00 annualized dividend and a dividend yield of 0.5%. NVIDIA’s dividend payout ratio is presently 15.31%.
NVIDIA announced that its board has approved a stock repurchase program on Wednesday, May 20th that allows the company to repurchase $80.00 billion in outstanding shares. This repurchase authorization allows the computer hardware maker to repurchase up to 1.5% of its stock through open market purchases. Stock repurchase programs are generally a sign that the company’s leadership believes its shares are undervalued.
NVIDIA Company Profile
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.
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