Forum Financial Management LP lessened its position in NVIDIA Corporation (NASDAQ:NVDA – Free Report) by 66.3% in the first quarter, HoldingsChannel reports. The firm owned 54,832 shares of the computer hardware maker’s stock after selling 107,741 shares during the quarter. Forum Financial Management LP’s holdings in NVIDIA were worth $9,563,000 as of its most recent SEC filing.
Several other hedge funds also recently made changes to their positions in NVDA. Lifetime Wealth Management P.C. bought a new stake in shares of NVIDIA during the 4th quarter valued at $26,000. Longview Financial Advisors Inc. bought a new position in shares of NVIDIA in the 1st quarter worth about $27,000. Longfellow Investment Management Co. LLC lifted its position in NVIDIA by 47.9% during the 2nd quarter. Longfellow Investment Management Co. LLC now owns 207 shares of the computer hardware maker’s stock valued at $33,000 after acquiring an additional 67 shares during the period. Inspire Investing LLC purchased a new position in NVIDIA during the 4th quarter valued at about $44,000. Finally, AlphaCentric Advisors LLC bought a new stake in NVIDIA during the fourth quarter worth about $45,000. 65.27% of the stock is currently owned by institutional investors.
NVIDIA Stock Performance
NVDA stock opened at $196.93 on Wednesday. The stock has a market capitalization of $4.77 trillion, a PE ratio of 30.16, a price-to-earnings-growth ratio of 0.43 and a beta of 2.21. The stock’s 50 day simple moving average is $209.91 and its 200 day simple moving average is $193.94. NVIDIA Corporation has a 12-month low of $158.39 and a 12-month high of $236.54. 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 announced that its Board of Directors has approved a stock buyback program 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 shares through open market purchases. Shares repurchase programs are typically a sign that the company’s board of directors believes its stock is undervalued.
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 $0.25 dividend. 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 dividend on an annualized basis and a yield of 0.5%. NVIDIA’s payout ratio is presently 15.31%.
Insider Buying and Selling at NVIDIA
In other NVIDIA news, Director Stephen C. Neal sold 15,500 shares of the company’s stock in a transaction dated Wednesday, June 3rd. The shares were sold at an average price of $215.73, for a total transaction of $3,343,815.00. Following the transaction, the director owned 116,135 shares in the company, valued at approximately $25,053,803.55. This represents a 11.77% decrease in their position. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is accessible through this hyperlink. Also, Director John Dabiri sold 625 shares of the firm’s 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 sale, the director directly owned 14,163 shares in the company, valued at approximately $3,030,882. The trade was a 4.23% decrease in their position. The SEC filing for this sale provides additional information. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. In the last 90 days, insiders have sold 1,901,125 shares of company stock worth $410,583,015. Company insiders own 3.94% of the company’s stock.
Wall Street Analysts Forecast Growth
A number of equities analysts have weighed in on the stock. China Renaissance assumed coverage on shares of NVIDIA in a research note on Friday, June 5th. They set a “buy” rating and a $319.00 target price for the company. Rothschild & Co Redburn boosted their price target on NVIDIA from $280.00 to $300.00 and gave the stock a “buy” rating in a research report on Tuesday, May 26th. Needham & Company LLC restated a “buy” rating and issued a $270.00 price target on shares of NVIDIA in a research note on Tuesday, June 2nd. Truist Financial raised their price objective on NVIDIA from $287.00 to $307.00 and gave the company a “buy” rating in a research report on Thursday, May 21st. Finally, DZ Bank reiterated a “buy” rating on shares of NVIDIA in a research note on Thursday, May 21st. Three research analysts have rated the stock with a Strong Buy rating, forty-eight have issued a Buy rating and three have assigned a Hold rating to the company’s stock. According to data from MarketBeat.com, the company currently has an average rating of “Buy” and an average price target of $303.84.
Check Out Our Latest Research Report on NVIDIA
Key Stories Impacting NVIDIA
Here are the key news stories impacting NVIDIA this week:
- Positive Sentiment: AI startup Perplexity said it plans to use NVIDIA’s new CPU, reinforcing demand for NVIDIA’s expanding data-center and AI silicon lineup. Perplexity says it plans to use Nvidia’s new CPU
- Positive Sentiment: NVIDIA-backed Nscale secured a $900 million revolving credit facility to accelerate data-center buildout, signaling continued capital support for NVIDIA’s AI infrastructure ecosystem. Nvidia-Backed Startup Nscale Locks in $900 Million for Data-Center Buildout
- Positive Sentiment: Several commentaries argued NVIDIA remains undervalued relative to its AI growth profile, with analysts and bullish writers pointing to strong revenue growth, robust cash flow, and ongoing AI spending as reasons to stay constructive on the stock. Nvidia Stock Looks Cheap, Goldman Says Buy
- Neutral Sentiment: NVIDIA and related AI chip names were caught in a broader semiconductor sell-off tied to market volatility and liquidity stress, which appears to be weighing on the stock even though the move may be more about sector plumbing than NVIDIA’s fundamentals. The AI Chip Sell-Off Looks Scary, But the Real Story May Be Liquidity
- Neutral Sentiment: Reports also highlighted that NVIDIA’s AI ecosystem is expanding into life sciences and enterprise workflows, including new initiatives with Certara and Silo Pharma, which supports the long-term adoption story but is unlikely to move the stock sharply on its own. Certara, Silo Pharma Advance AI Agent Strategies with Nvidia Initiatives
- Negative Sentiment: A Reuters-linked report said Chinese AI startup DeepSeek is developing its own inference chip, raising concerns that major AI customers want to reduce reliance on NVIDIA hardware. Perplexity says it plans to use Nvidia’s new CPU
- Negative Sentiment: Another headline said NVIDIA’s next-gen Kyber NVL144 AI rack may be delayed until 2028 due to circuit board/manufacturing issues, which has fueled concerns about product cadence and near-term growth visibility. Nvidia’s next-gen AI rack system delayed to 2028 on manufacturing snags, SemiAnalysis says
- Negative Sentiment: Additional reports noted DeepSeek’s in-house chip efforts and broader AI chip competition fears, adding to pressure on NVIDIA shares as investors reassess how durable its hardware dominance will be. Nvidia Stock Drops Again as More AI Chip Competition Fears Emerge
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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