Plimoth Trust Co. LLC boosted its position in NVIDIA Corporation (NASDAQ:NVDA – Free Report) by 3.1% during the first quarter, according to its most recent 13F filing with the Securities and Exchange Commission. The fund owned 129,499 shares of the computer hardware maker’s stock after buying an additional 3,894 shares during the quarter. NVIDIA makes up about 5.0% of Plimoth Trust Co. LLC’s holdings, making the stock its 2nd biggest position. Plimoth Trust Co. LLC’s holdings in NVIDIA were worth $22,585,000 at the end of the most recent reporting period.
Other institutional investors have also recently bought and sold shares of the company. Lifetime Wealth Management P.C. acquired a new position in shares of NVIDIA during the 4th quarter worth about $26,000. Longview Financial Advisors Inc. bought a new stake in NVIDIA during the 1st quarter valued at approximately $27,000. Longfellow Investment Management Co. LLC grew its holdings in NVIDIA by 47.9% in the 2nd 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 last quarter. Spurstone Advisory Services LLC bought a new position in NVIDIA in the 2nd quarter worth approximately $40,000. Finally, Inspire Investing LLC bought a new position in NVIDIA in the 4th quarter worth approximately $44,000. Institutional investors own 65.27% of the company’s stock.
Insider Transactions at NVIDIA
In other NVIDIA news, Director Stephen C. Neal sold 15,500 shares of the company’s stock in a transaction on Wednesday, June 3rd. The stock was 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 sale was disclosed in a legal filing with the SEC, which is available at this hyperlink. Also, Director Mark A. Stevens sold 885,000 shares of the stock in a transaction on Thursday, June 18th. The stock was sold at an average price of $210.17, for a total value of $186,000,450.00. Following the transaction, the director owned 5,207,271 shares of the company’s stock, valued at $1,094,412,146.07. This represents a 14.53% decrease in their ownership of the stock. The disclosure for this sale is available in the SEC filing. In the last ninety days, insiders sold 1,901,125 shares of company stock valued at $410,583,015. Corporate insiders own 3.94% of the company’s stock.
Analyst Ratings Changes
Check Out Our Latest Stock Analysis on NVDA
Key NVIDIA News
Here are the key news stories impacting NVIDIA this week:
- Positive Sentiment: Commentary from investors and analysts continued to frame NVIDIA as the leader in AI infrastructure, with strong earnings, high margins, and ongoing demand for its chips and full-stack platform. Article Title
- Positive Sentiment: Several reports said NVIDIA remains the preferred AI-chip exposure for Wall Street, citing continued AI capex, favorable analyst ratings, and the company’s dominant position versus rivals like AMD and custom-chip efforts. Article Title
- Positive Sentiment: Coverage on AI spending suggested demand is still healthy, with TSMC’s strong sales and broader AI buildout trends reinforcing the idea that NVIDIA’s end-market remains resilient. Article Title
- Neutral Sentiment: Some articles argued that NVIDIA’s stock has lagged the broader AI trade or that other names such as Broadcom may outperform in the near term, which adds debate but does not change the core long-term thesis. Article Title
- Negative Sentiment: Broader tech weakness and profit-taking hit semiconductor stocks, and one article noted investors were trimming exposure to high-growth names, which pressured NVIDIA in the short term. Article Title
- Negative Sentiment: Several reports raised questions about whether AI spending is becoming more selective or whether competition from custom chips and rivals could eventually limit NVIDIA’s upside, creating a cautionary tone. Article Title
NVIDIA Trading Down 3.4%
Shares of NVDA stock opened at $203.69 on Tuesday. The firm has a fifty day moving average of $209.57 and a 200-day moving average of $194.60. The stock has a market cap of $4.93 trillion, a price-to-earnings ratio of 31.19, a P/E/G ratio of 0.46 and a beta of 2.21. NVIDIA Corporation has a 52-week low of $162.02 and a 52-week high of $236.54. 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 (NASDAQ:NVDA – Get Free Report) last posted its 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. NVIDIA had a net margin of 62.97% and a return on equity of 96.94%. The business had revenue of $81.61 billion for the quarter, compared to analysts’ expectations of $78.42 billion. During the same quarter in the previous year, the firm posted $0.81 earnings per share. The firm’s revenue for the quarter was up 85.2% on a year-over-year basis. On average, equities research analysts forecast that NVIDIA Corporation will post 8.8 earnings per share for the current fiscal year.
NVIDIA announced that its Board of Directors has initiated a share repurchase program on Wednesday, May 20th that permits the company to buyback $80.00 billion in shares. This buyback authorization permits the computer hardware maker to buy up to 1.5% of its stock through open market purchases. Stock buyback programs are generally a sign that the company’s leadership believes its stock is undervalued.
NVIDIA Increases Dividend
The business also recently disclosed a quarterly dividend, which was paid on Friday, June 26th. Stockholders of record on Thursday, June 4th were paid a $0.25 dividend. The ex-dividend date was Thursday, June 4th. This represents a $1.00 annualized dividend and a dividend yield of 0.5%. This is an increase from NVIDIA’s previous quarterly dividend of $0.01. NVIDIA’s dividend payout ratio is currently 15.31%.
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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