Uptick Partners LLC boosted its stake in shares of NVIDIA Corporation (NASDAQ:NVDA – Free Report) by 16.2% in the first quarter, Holdings Channel reports. The fund owned 21,731 shares of the computer hardware maker’s stock after purchasing an additional 3,034 shares during the period. NVIDIA accounts for about 0.8% of Uptick Partners LLC’s portfolio, making the stock its 28th biggest position. Uptick Partners LLC’s holdings in NVIDIA were worth $3,790,000 as of its most recent SEC filing.
Other hedge funds and other institutional investors also recently modified their holdings of the company. State Street Corp lifted its stake in shares of NVIDIA by 1.2% in the 4th quarter. State Street Corp now owns 991,480,489 shares of the computer hardware maker’s stock worth $184,911,111,000 after acquiring an additional 11,451,386 shares during the period. Geode Capital Management LLC raised its holdings in NVIDIA by 0.6% during the fourth quarter. Geode Capital Management LLC now owns 588,803,093 shares of the computer hardware maker’s stock worth $109,446,217,000 after purchasing an additional 3,383,441 shares in the last quarter. Norges Bank purchased a new position in NVIDIA during the fourth quarter worth about $62,244,133,000. Bank of America Corp DE lifted its position in NVIDIA by 1.5% in the fourth quarter. Bank of America Corp DE now owns 187,181,484 shares of the computer hardware maker’s stock valued at $34,909,347,000 after purchasing an additional 2,849,678 shares during the period. Finally, Legal & General Group Plc boosted its holdings in NVIDIA by 1.5% in the 3rd quarter. Legal & General Group Plc now owns 181,203,035 shares of the computer hardware maker’s stock valued at $33,808,862,000 after purchasing an additional 2,609,560 shares in the last quarter. 65.27% of the stock is currently owned by hedge funds and other institutional investors.
Analyst Ratings Changes
A number of equities analysts have recently issued reports on the company. Rothschild & Co Redburn increased their target price on NVIDIA from $280.00 to $300.00 and gave the stock a “buy” rating in a research note on Tuesday, May 26th. BTIG Research started coverage on NVIDIA in a research note on Wednesday, April 15th. They issued a “buy” rating on the stock. New Street Research dropped their price objective on NVIDIA from $343.00 to $340.00 in a report on Thursday, May 21st. Wells Fargo & Company reiterated an “overweight” rating and issued a $315.00 price objective (up from $265.00) on shares of NVIDIA in a research report on Tuesday, May 12th. Finally, Royal Bank Of Canada set a $280.00 target price on NVIDIA in a report on Thursday, May 21st. Three equities research analysts have rated the stock with a Strong Buy rating, forty-eight have assigned a Buy rating and two have issued a Hold rating to the stock. Based on data from MarketBeat, the company has an average rating of “Buy” and a consensus price target of $304.26.
Insiders Place Their Bets
In other news, Director Stephen C. Neal sold 15,500 shares of the 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 sale, the director directly owned 116,135 shares in the company, valued at $25,053,803.55. This represents a 11.77% decrease in their ownership of the stock. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is available through the SEC website. Also, Director John Dabiri sold 625 shares of the firm’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 transaction of $133,750.00. Following the transaction, the director directly owned 14,163 shares of the company’s stock, valued at approximately $3,030,882. This trade represents a 4.23% decrease in their ownership of the stock. Additional details regarding this sale are available in the official SEC disclosure. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Over the last quarter, insiders sold 1,901,125 shares of company stock worth $410,583,015. Insiders own 3.94% of the company’s stock.
NVIDIA Stock Down 1.6%
NVDA opened at $208.76 on Friday. The company has a debt-to-equity ratio of 0.04, a quick ratio of 2.85 and a current ratio of 3.44. The company has a market cap of $5.05 trillion, a price-to-earnings ratio of 31.97, a PEG ratio of 0.41 and a beta of 2.21. NVIDIA Corporation has a one year low of $164.07 and a one year high of $236.54. The business’s fifty day moving average is $208.22 and its two-hundred day moving average is $195.73.
NVIDIA (NASDAQ:NVDA – Get Free Report) last announced its quarterly earnings results on Wednesday, May 20th. The computer hardware maker reported $1.87 earnings per share for the quarter, beating analysts’ consensus estimates of $1.76 by $0.11. The business had revenue of $81.61 billion during the quarter, compared to analysts’ expectations of $78.42 billion. NVIDIA had a return on equity of 96.94% and a net margin of 62.97%.The business’s revenue for the quarter was up 85.2% on a year-over-year basis. During the same quarter last year, the business posted $0.81 earnings per share. Analysts anticipate that NVIDIA Corporation will post 8.79 EPS for the current fiscal year.
NVIDIA Increases Dividend
The firm also recently announced a quarterly dividend, which was paid on Friday, June 26th. Shareholders of record on Thursday, June 4th were given a dividend of $0.25 per share. The ex-dividend date was Thursday, June 4th. This is an increase from NVIDIA’s previous quarterly dividend of $0.01. This represents a $1.00 dividend on an annualized basis and a yield of 0.5%. NVIDIA’s dividend payout ratio (DPR) is presently 15.31%.
NVIDIA declared that its board has approved a share buyback plan on Wednesday, May 20th that authorizes the company to buyback $80.00 billion in shares. This buyback authorization authorizes the computer hardware maker to reacquire up to 1.5% of its shares through open market purchases. Shares buyback plans are often an indication that the company’s board of directors believes its stock is undervalued.
NVIDIA News Summary
Here are the key news stories impacting NVIDIA this week:
- Positive Sentiment: NVIDIA announced a joint AI research lab with KAIST in Seoul, backed by a $300 million five-year collaboration, to advance agentic AI models for Korean industries and language use cases. The deal includes compute contributions, funding for at least 10 researchers annually, and NVIDIA internships/full-time hiring pathways, reinforcing NVIDIA’s global AI ecosystem and talent pipeline. Article Title
- Positive Sentiment: NVIDIA’s partnership with Amkor to support U.S. advanced chip packaging expansion is another supportive development, as it strengthens supply-chain capacity for next-generation AI chips and helps meet rising demand for AI infrastructure. Article Title
- Positive Sentiment: Investor sentiment remains constructive on NVIDIA’s AI leadership, with analysts and market commentators highlighting its dominance in GPUs, strong fundamentals, and technical breakout signals above key moving averages. Article Title
- Neutral Sentiment: Some commentary suggests the stock may face near-term “sell-the-news” pressure after its latest earnings beat, especially as traders reassess whether AI spending momentum has already been priced in.
- Neutral Sentiment: Broader AI-capex headlines from Alphabet and other hyperscalers continue to drive sector interest, but they also appear to be fueling rotation within semiconductors rather than uniformly lifting NVIDIA shares.
- Negative Sentiment: NVIDIA is also facing renewed competitive noise, including AMD’s push with Anthropic and a wave of articles questioning whether large AI spending could eventually favor other chip and memory suppliers, which may temper enthusiasm for NVDA in the short term. Article Title
NVIDIA 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.
Featured Stories
- Five stocks we like better than NVIDIA
- Premium Retail’s Stress Test Is Separating Winners From Losers
- D-Wave Quantum or a Quantum ETF: Which Is the Better Bet?
- GE Vernova Just Sent a Mixed AI Signal to Investors
- Alphabet Crushed Earnings, But One Number Spooked the Market
Want to see what other hedge funds are holding NVDA? Visit HoldingsChannel.com to get the latest 13F filings and insider trades for NVIDIA Corporation (NASDAQ:NVDA – Free Report).
Receive News & Ratings for NVIDIA Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for NVIDIA and related companies with MarketBeat.com's FREE daily email newsletter.
