Navigation Group LLC purchased a new stake in NVIDIA Corporation (NASDAQ:NVDA – Free Report) in the 1st quarter, according to its most recent filing with the SEC. The fund purchased 24,131 shares of the computer hardware maker’s stock, valued at approximately $4,208,000. NVIDIA comprises about 1.0% of Navigation Group LLC’s portfolio, making the stock its 21st largest position.
Other large investors have also modified their holdings of the company. Lifetime Wealth Management P.C. acquired a new stake in shares of NVIDIA in the fourth quarter worth $26,000. Longview Financial Advisors Inc. purchased a new position in NVIDIA in the first quarter valued at about $27,000. Longfellow Investment Management Co. LLC grew its position in shares of NVIDIA by 47.9% during the second quarter. Longfellow Investment Management Co. LLC now owns 207 shares of the computer hardware maker’s stock worth $33,000 after buying an additional 67 shares in the last quarter. Spurstone Advisory Services LLC bought a new stake in shares of NVIDIA in the 2nd quarter worth about $40,000. Finally, Inspire Investing LLC bought a new stake in NVIDIA in the fourth quarter valued at about $44,000. 65.27% of the stock is currently owned by hedge funds and other institutional investors.
NVIDIA News Roundup
Here are the key news stories impacting NVIDIA this week:
- Positive Sentiment: NVIDIA announced a joint AI research lab with KAIST in Seoul, a $300 million collaboration that will fund researchers, internships, and AI infrastructure to advance agentic AI in South Korea. NVIDIA and KAIST Launch Joint AI Research Lab to Accelerate AI Innovation in Korea
- Positive Sentiment: The company also struck a $1.5 billion partnership with Amkor to expand advanced semiconductor packaging and test capacity in the U.S., reinforcing NVIDIA’s AI supply chain and manufacturing footprint. Nvidia, Amkor strike $1.5 billion chip packaging deal
- Positive Sentiment: Jensen Huang and NVIDIA joined Microsoft, Meta, and others in publicly backing open-source AI models, which could support broader AI adoption and future demand for NVIDIA GPUs. Nvidia, Microsoft and other tech giants back open-source AI models
- Positive Sentiment: Several technical reports say NVDA is holding support and may be forming a bullish inverse head-and-shoulders pattern, while other analysts point to a breakout above the 50-day moving average as a possible catalyst. NVIDIA Corp. (NVDA) Price Forecast: Can NVDA Break Above Key Resistance?
- Neutral Sentiment: Institutional filings show continued buying from some funds, but insider activity remains dominated by sales, which keeps sentiment mixed rather than decisively bullish. Fund Update: 337,821 NVIDIA (NVDA) shares added to COMGEST GLOBAL INVESTORS S.A.S. portfolio
- Negative Sentiment: Broader semiconductor shares have pulled back as investors take profits and worry about AI valuation levels and heavy capex spending, which has weighed on NVIDIA along with the rest of the AI trade. Semiconductor Crossroads: Healthy Consolidation or Deeper Repricing?
- Negative Sentiment: News flow also highlights investor rotation out of the biggest AI winners and concerns that the “Magnificent 7” are digesting a surge in AI infrastructure spending, creating near-term pressure on NVDA despite strong long-term demand. Magnificent 7 stocks shed hundreds of billions amid AI spending fears
Insiders Place Their Bets
Analyst Upgrades and Downgrades
A number of equities analysts have issued reports on NVDA shares. Citigroup initiated coverage on shares of NVIDIA in a report on Wednesday, April 15th. They issued a “buy” rating on the stock. Mizuho set a $300.00 price objective on shares of NVIDIA in a research note on Thursday, May 21st. China Renaissance assumed coverage on shares of NVIDIA in a research report on Friday, June 5th. They issued a “buy” rating and a $319.00 price target on the stock. Wolfe Research reiterated an “outperform” rating and set a $275.00 price objective on shares of NVIDIA in a research report on Thursday, May 21st. Finally, Jefferies Financial Group reaffirmed a “buy” rating and set a $300.00 target price (up from $275.00) on shares of NVIDIA in a report on Thursday, May 21st. Three analysts have rated the stock with a Strong Buy rating, forty-eight have issued a Buy rating and two have issued a Hold rating to the company. According to MarketBeat.com, the company presently has a consensus rating of “Buy” and an average price target of $304.26.
Get Our Latest Analysis on NVIDIA
NVIDIA Price Performance
NASDAQ:NVDA opened at $206.84 on Monday. The business’s fifty day moving average price is $207.85 and its 200 day moving average price is $195.86. The firm has a market capitalization of $5.01 trillion, a price-to-earnings ratio of 31.68, a PEG ratio of 0.40 and a beta of 2.21. The company has a current ratio of 3.44, a quick ratio of 2.85 and a debt-to-equity ratio of 0.04. NVIDIA Corporation has a 1-year low of $164.07 and a 1-year high of $236.54.
NVIDIA (NASDAQ:NVDA – Get Free Report) last released its earnings results on Wednesday, May 20th. The computer hardware maker reported $1.87 earnings per share for the quarter, beating the consensus estimate of $1.76 by $0.11. The company had revenue of $81.61 billion for 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 in the previous year, the business posted $0.81 EPS. On average, sell-side analysts forecast that NVIDIA Corporation will post 8.79 earnings per share for the current fiscal year.
NVIDIA announced that its Board of Directors has approved a stock buyback plan on Wednesday, May 20th that permits the company to repurchase $80.00 billion in shares. This repurchase authorization permits the computer hardware maker to buy up to 1.5% of its shares through open market purchases. Shares repurchase plans are generally an indication that the company’s board believes its stock is undervalued.
NVIDIA Increases Dividend
The business also recently announced a quarterly dividend, which was paid on Friday, June 26th. Shareholders of record on Thursday, June 4th were given a $0.25 dividend. This represents a $1.00 dividend on an annualized basis and a yield of 0.5%. The ex-dividend date was Thursday, June 4th. This is a positive change from NVIDIA’s previous quarterly dividend of $0.01. NVIDIA’s payout ratio is currently 15.31%.
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.
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