World Equity Group Inc. grew its stake in NVIDIA Corporation (NASDAQ:NVDA – Free Report) by 6.4% in the 2nd quarter, according to its most recent filing with the SEC. The firm owned 63,153 shares of the computer hardware maker’s stock after buying an additional 3,799 shares during the quarter. NVIDIA accounts for approximately 2.8% of World Equity Group Inc.’s portfolio, making the stock its 4th biggest position. World Equity Group Inc.’s holdings in NVIDIA were worth $12,637,000 at the end of the most recent reporting period.
A number of other institutional investors and hedge funds have also made changes to their positions in NVDA. Lifetime Wealth Management P.C. acquired a new position in NVIDIA during the 4th quarter worth approximately $26,000. Longview Financial Advisors Inc. acquired a new stake in shares of NVIDIA in the 1st quarter valued at $27,000. Longfellow Investment Management Co. LLC raised its holdings in shares of 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 purchasing an additional 67 shares in the last quarter. Phillip James Consulting Co. purchased a new stake in shares of NVIDIA during the 1st quarter worth $40,000. Finally, Spurstone Advisory Services LLC purchased a new stake in shares of NVIDIA during the 2nd quarter worth $40,000. 65.27% of the stock is owned by institutional investors and hedge funds.
NVIDIA Stock Performance
NASDAQ NVDA opened at $217.56 on Thursday. The company has a fifty day moving average of $207.04 and a two-hundred day moving average of $199.23. The company has a market capitalization of $5.26 trillion, a PE ratio of 33.32, a P/E/G ratio of 0.44 and a beta of 2.23. NVIDIA Corporation has a 1 year low of $164.07 and a 1 year high of $236.54. The company has a debt-to-equity ratio of 0.04, a current ratio of 3.44 and a quick ratio of 2.85.
NVIDIA declared that its Board of Directors has initiated a stock buyback program on Wednesday, May 20th that allows the company to buyback $80.00 billion in outstanding shares. This buyback authorization allows the computer hardware maker to repurchase up to 1.5% of its shares through open market purchases. Shares buyback programs are generally a sign that the company’s board believes its stock is undervalued.
Analyst Upgrades and Downgrades
Several equities analysts recently commented on the company. Barclays reissued an “overweight” rating on shares of NVIDIA in a report on Thursday, May 21st. Tigress Financial reaffirmed a “strong-buy” rating and set a $425.00 price objective (up from $360.00) on shares of NVIDIA in a research report on Wednesday, May 27th. Bank of America reiterated a “buy” rating and issued a $350.00 price objective (up from $320.00) on shares of NVIDIA in a report on Thursday, May 21st. Jefferies Financial Group reissued a “buy” rating and set a $300.00 target price (up from $275.00) on shares of NVIDIA in a research report on Thursday, May 21st. Finally, The Goldman Sachs Group restated a “buy” rating on shares of NVIDIA in a research note on Tuesday, August 11th. Three research analysts have rated the stock with a Strong Buy rating, forty-nine have issued a Buy rating and two have given a Hold rating to the company’s stock. Based on data from MarketBeat, the company currently has an average rating of “Buy” and an average target price of $305.94.
Check Out Our Latest Analysis on NVIDIA
Insider Buying and Selling
In other NVIDIA news, Director John Dabiri sold 625 shares of NVIDIA stock in a transaction that occurred 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 owned 14,163 shares of the company’s stock, valued at $3,030,882. The trade was a 4.23% decrease in their ownership of the stock. The transaction was disclosed in a filing with the SEC, which is available at this hyperlink. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Also, Director Stephen C. Neal sold 15,500 shares of the business’s stock in a transaction that occurred on Wednesday, June 3rd. The shares were sold at an average price of $215.73, for a total value of $3,343,815.00. Following the completion of the sale, the director owned 116,135 shares of the company’s stock, valued at approximately $25,053,803.55. This represents a 11.77% decrease in their position. The SEC filing for this sale provides additional information. Insiders have sold 1,901,125 shares of company stock worth $410,583,015 in the last quarter. 3.94% of the stock is owned by insiders.
More NVIDIA News
Here are the key news stories impacting NVIDIA this week:
- Positive Sentiment: Potential China revenue boost: Reports indicate small shipments of NVIDIA’s H200 processors have reached mainland China, with ByteDance and Tencent reportedly receiving units. However, Beijing may restrict how the chips are used. Nvidia H200 chips reach China in small shipments
- Positive Sentiment: Analyst support remains strong: Stifel reaffirmed a Buy rating and a $282 target ahead of NVIDIA’s August 26 earnings report, while Bank of America reportedly sees substantial upside based on the company’s valuation and free-cash-flow potential. Analyst updates Nvidia stock price ahead of earnings
- Positive Sentiment: Supply-chain checks support the AI buildout: Stifel pointed to signals from Foxconn and Super Micro as evidence that demand for NVIDIA systems remains healthy heading into the company’s results. NVIDIA is also expanding its role by connecting Nordic GPU customers with available data-center capacity. What Foxconn and Super Micro are telling us about the AI boom
- Neutral Sentiment: Mercor investment under consideration: NVIDIA is reportedly discussing an investment in AI data-labeling provider Mercor at a valuation of about $20 billion. The deal could strengthen NVIDIA’s broader AI ecosystem, but its size and terms remain unknown. Nvidia weighs investment in Mercor
- Negative Sentiment: China uncertainty remains a key overhang: U.S. efforts to close loopholes allowing Chinese firms to access NVIDIA computing power through overseas data centers could limit sales, while any H200 shipments appear restricted and relatively small. U.S. export controls and Nvidia chips
- Negative Sentiment: The earnings bar is high: Investors are looking beyond a routine quarterly beat and want higher forward guidance, sustained data-center growth, strong Blackwell demand, and healthy margins. This creates volatility ahead of the August 26 report. NVIDIA earnings expectations and AI demand
- Negative Sentiment: Competition and concentration risks are intensifying: Investors are questioning whether custom chips, rivals such as AMD and Broadcom, and newer AI-chip startups could eventually pressure NVIDIA’s dominant position. Michael Burry discusses competition for Nvidia
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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