jvl associates llc lifted its position in shares of NVIDIA Corporation (NASDAQ:NVDA – Free Report) by 17.4% during the 2nd quarter, according to the company in its most recent 13F filing with the Securities & Exchange Commission. The institutional investor owned 15,918 shares of the computer hardware maker’s stock after acquiring an additional 2,361 shares during the quarter. NVIDIA accounts for approximately 0.9% of jvl associates llc’s investment portfolio, making the stock its 21st biggest holding. jvl associates llc’s holdings in NVIDIA were worth $3,185,000 at the end of the most recent quarter.
Several other institutional investors and hedge funds have also recently modified their holdings of NVDA. Spectrum Financial Alliance Ltd LLC increased its stake in NVIDIA by 3.8% during the 1st quarter. Spectrum Financial Alliance Ltd LLC now owns 1,395 shares of the computer hardware maker’s stock worth $243,000 after buying an additional 51 shares in the last quarter. LMG Wealth Partners LLC increased its position in shares of NVIDIA by 0.7% during the fourth quarter. LMG Wealth Partners LLC now owns 7,649 shares of the computer hardware maker’s stock worth $1,427,000 after purchasing an additional 53 shares in the last quarter. Vision Financial Markets LLC raised its stake in NVIDIA by 1.2% in the 3rd quarter. Vision Financial Markets LLC now owns 4,640 shares of the computer hardware maker’s stock valued at $866,000 after purchasing an additional 53 shares during the last quarter. JGP Global Gestao de Recursos Ltda. lifted its holdings in NVIDIA by 2.3% in the 4th quarter. JGP Global Gestao de Recursos Ltda. now owns 2,402 shares of the computer hardware maker’s stock valued at $448,000 after purchasing an additional 55 shares in the last quarter. Finally, Penobscot Wealth Management lifted its holdings in NVIDIA by 0.7% in the 1st quarter. Penobscot Wealth Management now owns 7,930 shares of the computer hardware maker’s stock valued at $1,383,000 after purchasing an additional 55 shares in the last quarter. Hedge funds and other institutional investors own 65.27% of the company’s stock.
NVIDIA Price Performance
NVDA opened at $225.30 on Friday. The stock’s 50-day moving average price is $205.74 and its 200 day moving average price is $198.32. NVIDIA Corporation has a 12-month low of $164.07 and a 12-month high of $236.54. The firm has a market cap of $5.45 trillion, a price-to-earnings ratio of 34.50, a PEG ratio of 0.44 and a beta of 2.23. 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 has approved a stock repurchase plan on Wednesday, May 20th that allows the company to repurchase $80.00 billion in shares. This repurchase authorization allows the computer hardware maker to repurchase up to 1.5% of its shares through open market purchases. Shares repurchase plans are generally a sign that the company’s board of directors believes its shares are 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 given a dividend of $0.25 per share. The ex-dividend date was Thursday, June 4th. This represents a $1.00 annualized dividend and a dividend yield of 0.4%. This is a boost from NVIDIA’s previous quarterly dividend of $0.01. NVIDIA’s payout ratio is presently 15.31%.
Insider Activity
In other news, Director Mark A. Stevens sold 885,000 shares of the stock in a transaction that occurred 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 completion of the sale, the director directly owned 5,207,271 shares of the company’s stock, valued at approximately $1,094,412,146.07. This represents a 14.53% decrease in their ownership of the stock. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which can be accessed through this hyperlink. Also, Director John Dabiri sold 625 shares of the firm’s stock in a transaction on Wednesday, May 27th. The stock was sold at an average price of $214.00, for a total transaction of $133,750.00. Following the transaction, the director directly owned 14,163 shares in the company, valued at $3,030,882. The trade was a 4.23% decrease in their ownership of the stock. 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 quarter, insiders sold 1,901,125 shares of company stock worth $410,583,015. Corporate insiders own 3.94% of the company’s stock.
Wall Street Analysts Forecast Growth
NVDA has been the topic of a number of recent research reports. Wall Street Zen lowered shares of NVIDIA from a “strong-buy” rating to a “buy” rating in a research report on Saturday, July 4th. UBS Group boosted their target price on NVIDIA from $275.00 to $280.00 and gave the stock a “buy” rating in a report on Thursday, May 21st. Wolfe Research reaffirmed an “outperform” rating and issued a $275.00 price target on shares of NVIDIA in a report on Thursday, May 21st. New Street Research reduced their price objective on NVIDIA from $343.00 to $340.00 in a research report on Thursday, May 21st. Finally, Benchmark restated a “buy” rating and issued a $335.00 target price (up from $250.00) 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 given a Hold rating to the stock. Based on data from MarketBeat, the stock currently has an average rating of “Buy” and a consensus price target of $305.94.
Check Out Our Latest Stock Analysis on NVIDIA
Key NVIDIA News
Here are the key news stories impacting NVIDIA this week:
- Positive Sentiment: $500 billion AI financing initiative: NVIDIA’s agreement with major financial firms—including Apollo, BlackRock, Blackstone, Brookfield, Goldman Sachs and KKR—could reduce funding barriers for data-center construction and stimulate demand for NVIDIA GPUs, networking products and software. Bank of America said the plan helps ease financing risk. NVIDIA’s $500B Funding Push: Can It Unlock More Revenue Growth?
- Positive Sentiment: Demand remains broad and durable: CoreWeave reportedly continues renting older A100 GPUs through 2029 at full pricing, challenging fears of rapid hardware obsolescence. NVIDIA also added seven Japanese industrial companies to its physical-AI coalition, potentially expanding long-term demand in robotics and manufacturing. This 2020 Nvidia chip is still going strong
- Positive Sentiment: Analyst and institutional support: Bank of America identified NVIDIA and AMD as leading beneficiaries of the expanding AI chip market, while Wells Fargo reiterated an Overweight rating. Cathie Wood’s Ark Invest also purchased approximately $59.9 million of NVIDIA shares before earnings. BofA picks AMD and Nvidia as AI chip winners
- Neutral Sentiment: Earnings are the next major catalyst: Investors are watching the price level highlighted by Bank of America and whether NVIDIA can extend its recent momentum. Consensus expectations call for another substantial revenue increase, raising the importance of guidance on Blackwell, Vera Rubin, networking and customer diversification. BofA Says This Nvidia Price Level Is the One to Watch Before Earnings
- Negative Sentiment: Financing and valuation concerns persist: Critics, including Michael Burry, argue that NVIDIA’s investments, customer funding and GPU sales may create a circular-financing web. The stock’s very large market capitalization leaves little room for execution or demand disappointments. Nvidia is trying to quiet circular financing accusations
- Negative Sentiment: Geopolitical and customer risks: CEO Jensen Huang warned that China shifting AI workloads toward Huawei hardware could weaken U.S. chip dominance. Investors are also examining whether hyperscaler concentration and potential customer self-designed chips could eventually pressure NVIDIA’s growth.
- Neutral Sentiment: Market backdrop: Asian market halts and currency-driven liquidations have created volatility across semiconductor stocks, but the reported disruptions appear liquidity-related rather than evidence of weakening AI demand. Asian Market Circuit Breakers Hit Stocks, Not AI Demand
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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