Tiger Global Management LLC raised its holdings in shares of NVIDIA Corporation (NASDAQ:NVDA – Free Report) by 9.1% in the 1st quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission (SEC). The fund owned 12,011,752 shares of the computer hardware maker’s stock after purchasing an additional 1,000,000 shares during the period. NVIDIA comprises about 9.2% of Tiger Global Management LLC’s portfolio, making the stock its 2nd largest holding. Tiger Global Management LLC’s holdings in NVIDIA were worth $2,094,850,000 as of its most recent SEC filing.
A number of other large investors also recently modified their holdings of the business. State Street Corp lifted its holdings in NVIDIA by 1.2% in the fourth 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 last quarter. Geode Capital Management LLC grew its holdings in shares of 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 valued at $109,446,217,000 after purchasing an additional 3,383,441 shares during the last quarter. Norges Bank acquired a new stake in shares of NVIDIA during the 4th quarter worth approximately $62,244,133,000. Bank of America Corp DE raised its position in shares of NVIDIA by 1.5% during the 4th quarter. Bank of America Corp DE now owns 187,181,484 shares of the computer hardware maker’s stock worth $34,909,347,000 after purchasing an additional 2,849,678 shares during the period. Finally, Legal & General Group Plc lifted its holdings in shares of 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 worth $33,808,862,000 after purchasing an additional 2,609,560 shares during the last quarter. 65.27% of the stock is currently owned by institutional investors.
NVIDIA Trading Down 0.2%
NASDAQ:NVDA opened at $218.78 on Friday. The stock has a market cap of $5.29 trillion, a price-to-earnings ratio of 33.50, a PEG ratio of 0.43 and a beta of 2.23. The company has a debt-to-equity ratio of 0.04, a quick ratio of 2.85 and a current ratio of 3.44. NVIDIA Corporation has a 1 year low of $164.07 and a 1 year high of $236.54. The business has a fifty day moving average of $205.40 and a 200-day moving average of $197.00.
NVIDIA Increases Dividend
The business also recently declared 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. This is a positive change from NVIDIA’s previous quarterly dividend of $0.01. The ex-dividend date was Thursday, June 4th. This represents a $1.00 dividend on an annualized basis and a dividend yield of 0.5%. NVIDIA’s payout ratio is presently 15.31%.
NVIDIA announced that its Board of Directors has authorized 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 reacquire up to 1.5% of its stock through open market purchases. Stock repurchase plans are usually an indication that the company’s leadership believes its stock is undervalued.
Wall Street Analyst Weigh In
NVDA has been the subject of a number of analyst reports. TD Cowen restated a “buy” rating and set a $275.00 price objective (up from $235.00) on shares of NVIDIA in a research report on Friday, May 15th. UBS Group raised their target price on NVIDIA from $275.00 to $280.00 and gave the company a “buy” rating in a research note on Thursday, May 21st. Zacks Research raised shares of NVIDIA from a “hold” rating to a “strong-buy” rating in a report on Monday, July 20th. Morgan Stanley set a $288.00 price target on shares of NVIDIA and gave the stock an “overweight” rating in a research report on Thursday, May 21st. Finally, The Goldman Sachs Group reaffirmed a “buy” rating and issued a $285.00 price objective (up from $250.00) on shares of NVIDIA in a report on Wednesday, May 20th. Three analysts have rated the stock with a Strong Buy rating, forty-eight have issued a Buy rating and two have assigned a Hold rating to the stock. According to MarketBeat.com, NVIDIA has a consensus rating of “Buy” and a consensus target price of $304.26.
NVIDIA News Summary
Here are the key news stories impacting NVIDIA this week:
- Positive Sentiment: SpaceX endorsement strengthens demand outlook: Elon Musk said SpaceX will build its AI infrastructure exclusively with NVIDIA chips, including Vera Rubin systems. The announcement supports expectations for substantial incremental GPU demand and contributed to NVIDIA’s recent rally. Nvidia Stock Is on the Rise After SpaceX Announcement
- Positive Sentiment: AI infrastructure demand remains robust: AZIO AI outlined a potential purchase of up to 128 NVIDIA HGX B300 systems valued at approximately $77 million, while Zayo announced plans to expand network capacity for NVIDIA-powered AI factories. These announcements reinforce demand for NVIDIA’s next-generation systems and surrounding infrastructure. AZIO AI Secures Sales Pipeline Zayo Teams with NVIDIA
- Positive Sentiment: Growth expectations remain elevated: Analysts and bullish commentary point to custom CPU expansion, networking, software and enterprise AI as potential long-term growth drivers beyond GPUs. NVIDIA’s August 26 earnings report is viewed as the next major catalyst, with several analysts maintaining buy ratings and price targets well above the current level. NVIDIA’s Custom CPU Expansion
- Neutral Sentiment: Short-term momentum is being debated: After the sharp rally, some traders are pausing because immediate catalysts may be limited before earnings, although analysts continue to cite strong hyperscaler spending and AI demand. NVIDIA Stock Slips After Five-Day Rally
- Negative Sentiment: Semiconductor and supply-chain risks are resurfacing: SanDisk’s weaker outlook pressured AI and memory shares, while reports that NVIDIA may reduce memory in future Rubin Ultra designs highlight high-bandwidth-memory bottlenecks. Proposed restrictions on Chinese AI components could also raise costs and complicate deployment.
- Negative Sentiment: Profit-taking and insider selling add caution: NVIDIA insiders have reported sales but no open-market purchases during the past six months. Michael Burry’s warning that AI stocks could become “future ghost towns” is also reinforcing concerns about elevated expectations, despite remaining a minority view.
Insider Transactions at NVIDIA
In other news, Director John Dabiri sold 625 shares of the stock in a transaction that occurred on Wednesday, May 27th. The shares were sold at an average price of $214.00, for a total value of $133,750.00. Following the completion of the transaction, the director directly owned 14,163 shares in the company, valued at $3,030,882. This trade represents a 4.23% decrease in their ownership of the stock. The transaction was disclosed in a legal filing with the SEC, which is accessible through this link. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Also, Director Mark A. Stevens sold 885,000 shares of the firm’s stock in a transaction that occurred on Thursday, June 18th. The shares were sold at an average price of $210.17, for a total transaction of $186,000,450.00. Following the transaction, the director owned 5,207,271 shares in the company, valued at $1,094,412,146.07. This represents a 14.53% decrease in their position. Additional details regarding this sale are available in the official SEC disclosure. In the last three months, insiders sold 1,901,125 shares of company stock valued at $410,583,015. Company insiders own 3.94% of the company’s stock.
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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