Oddo BHF Asset Management Sas grew its stake in NVIDIA Corporation (NASDAQ:NVDA – Free Report) by 18.6% in the 4th quarter, HoldingsChannel.com reports. The institutional investor owned 1,370,537 shares of the computer hardware maker’s stock after purchasing an additional 214,762 shares during the period. NVIDIA comprises 9.6% of Oddo BHF Asset Management Sas’ investment portfolio, making the stock its biggest position. Oddo BHF Asset Management Sas’ holdings in NVIDIA were worth $255,605,000 at the end of the most recent reporting period.
Several other institutional investors and hedge funds have also modified their holdings of NVDA. Longfellow Investment Management Co. LLC grew its position in NVIDIA by 47.9% during the second quarter. Longfellow Investment Management Co. LLC now owns 207 shares of the computer hardware maker’s stock valued at $33,000 after buying an additional 67 shares during the period. AlphaCentric Advisors LLC acquired a new stake in NVIDIA during the fourth quarter valued at $45,000. Spurstone Advisory Services LLC acquired a new stake in NVIDIA during the second quarter valued at $40,000. Syntax Research Inc. grew its position in NVIDIA by 62.5% during the fourth quarter. Syntax Research Inc. now owns 260 shares of the computer hardware maker’s stock valued at $49,000 after buying an additional 100 shares during the period. Finally, Networth Advisors LLC acquired a new stake in NVIDIA during the fourth quarter valued at $51,000. Institutional investors and hedge funds own 65.27% of the company’s stock.
More NVIDIA News
Here are the key news stories impacting NVIDIA this week:
- Positive Sentiment: NVIDIA landed new AI infrastructure deals in South Korea, reinforcing that global demand for its hardware and networking stack remains strong. Nvidia Corp (NVDA) Lands AI Infrastructure Deals in South Korea
- Positive Sentiment: HPE announced new agentic AI offerings built with NVIDIA, another sign that enterprises continue adopting NVIDIA’s ecosystem for production AI deployments. HPE Brings Agentic AI Into Production With NVIDIA, Delivering Security, Governance, Scale, and Sovereignty
- Positive Sentiment: Analysts and market commentary continue to point to upside for NVIDIA, citing strong AI demand and the company’s central role in the cloud buildout. As Demand Continues To Grow, Nvidia (NVDA) Has 46% Upside According To Analysts
- Positive Sentiment: NVIDIA’s return to the bond market is being read as a way to fund a massive AI buildout, and investors are treating that as a signal the company still sees major demand ahead. Nvidia to raise $20 billion, source says, in first corporate bond issuance in five years
- Positive Sentiment: Market coverage says NVIDIA regained the $5 trillion valuation level as chip stocks rallied, underscoring continued investor enthusiasm for the AI trade. 3 Stocks Diluting Shareholders to Fund Big Long-Term Opportunities (NVDA)
- Neutral Sentiment: Jefferies commentary on NVIDIA appears to be part of the ongoing analyst debate around how much upside remains after the stock’s huge AI-driven run. Here’s What Jefferies Thinks About NVIDIA Corporation (NVDA)
- Negative Sentiment: NVIDIA’s new bond sale also raises debt and dilution-style concerns for some investors, especially after years of funding growth largely from operating cash flow. Nvidia Stock: How the Chip Maker Is Trading Today
- Negative Sentiment: Some articles also highlight rising competition and skepticism that AI stocks are getting overheated, which can cap gains even when sentiment is broadly bullish. Why AI investor Aschenbrenner is shorting Nvidia, buying HIVE
Wall Street Analysts Forecast Growth
View Our Latest Stock Report on NVIDIA
NVIDIA Trading Down 2.4%
NVDA stock opened at $207.41 on Wednesday. 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 12-month low of $142.03 and a 12-month high of $236.54. The stock has a market cap of $5.02 trillion, a price-to-earnings ratio of 31.76, a PEG ratio of 0.47 and a beta of 2.22. The business’s 50-day moving average is $208.14 and its 200 day moving average is $191.84.
NVIDIA (NASDAQ:NVDA – Get Free Report) last posted its quarterly earnings data on Wednesday, May 20th. The computer hardware maker reported $1.87 earnings per share (EPS) for the quarter, topping the consensus estimate of $1.76 by $0.11. The company had revenue of $81.62 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%.NVIDIA’s revenue was up 85.2% compared to the same quarter last year. During the same period in the previous year, the firm posted $0.81 EPS. On average, sell-side analysts anticipate that NVIDIA Corporation will post 8.65 EPS for the current fiscal year.
NVIDIA Increases Dividend
The firm also recently announced a quarterly dividend, which will be paid on Friday, June 26th. Stockholders of record on Thursday, June 4th will be given a $0.25 dividend. This represents a $1.00 dividend on an annualized basis and a dividend yield of 0.5%. This is a positive change from NVIDIA’s previous quarterly dividend of $0.01. The ex-dividend date is Thursday, June 4th. NVIDIA’s dividend payout ratio (DPR) is currently 15.31%.
NVIDIA declared that its board has authorized a share buyback program on Wednesday, May 20th that authorizes the company to buyback $80.00 billion in outstanding shares. This buyback authorization authorizes the computer hardware maker to reacquire up to 1.5% of its shares through open market purchases. Shares buyback programs are usually a sign that the company’s board believes its stock is undervalued.
Insiders Place Their Bets
In other news, CFO Colette Kress sold 20,000 shares of the stock in a transaction dated Friday, March 20th. The shares were sold at an average price of $174.89, for a total value of $3,497,800.00. Following the completion of the sale, the chief financial officer directly owned 83,060 shares in the company, valued at $14,526,363.40. This represents a 19.41% decrease in their ownership of the stock. The sale was disclosed in a filing with the Securities & Exchange Commission, which is available at this link. Also, Director John Dabiri sold 625 shares of the stock in a transaction dated Wednesday, May 27th. The shares were sold at an average price of $214.00, for a total transaction of $133,750.00. Following the completion of the sale, the director owned 14,163 shares of the company’s stock, valued at $3,030,882. This trade represents a 4.23% decrease in their ownership of the stock. The disclosure for this sale is available in the SEC filing. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Over the last three months, insiders sold 1,319,457 shares of company stock valued at $277,398,643. Corporate 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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