Kozak & Associates Inc. Sells 13,956 Shares of NVIDIA Corporation $NVDA

Kozak & Associates Inc. lessened its stake in NVIDIA Corporation (NASDAQ:NVDA) by 10.7% in the 2nd quarter, HoldingsChannel reports. The institutional investor owned 116,352 shares of the computer hardware maker’s stock after selling 13,956 shares during the quarter. NVIDIA makes up approximately 4.0% of Kozak & Associates Inc.’s investment portfolio, making the stock its 12th largest position. Kozak & Associates Inc.’s holdings in NVIDIA were worth $22,989,000 as of its most recent SEC filing.

A number of other institutional investors have also added to or reduced their stakes in the company. Spectrum Financial Alliance Ltd LLC lifted its stake in shares of 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 during the last quarter. LMG Wealth Partners LLC grew its stake in NVIDIA by 0.7% in the 4th quarter. LMG Wealth Partners LLC now owns 7,649 shares of the computer hardware maker’s stock valued at $1,427,000 after buying an additional 53 shares during the last quarter. Vision Financial Markets LLC raised its holdings 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 acquiring an additional 53 shares during the period. JGP Global Gestao de Recursos Ltda. raised 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 acquiring an additional 55 shares during the period. Finally, Penobscot Wealth Management lifted its position in NVIDIA by 0.7% during the first quarter. Penobscot Wealth Management now owns 7,930 shares of the computer hardware maker’s stock worth $1,383,000 after acquiring an additional 55 shares during the last quarter. 65.27% of the stock is currently owned by institutional investors and hedge funds.

Analysts Set New Price Targets

A number of brokerages have recently weighed in on NVDA. Rothschild & Co Redburn increased their target price on NVIDIA from $280.00 to $300.00 and gave the stock a “buy” rating in a research note on Tuesday, May 26th. New Street Research reduced their price target on NVIDIA from $343.00 to $340.00 in a research note on Thursday, May 21st. Seaport Research Partners upped their price objective on NVIDIA from $140.00 to $180.00 and gave the company a “sell” rating in a report on Thursday, May 21st. The Goldman Sachs Group reiterated a “buy” rating on shares of NVIDIA in a research report on Tuesday. Finally, Stifel Nicolaus set a $282.00 target price on NVIDIA and gave the stock a “buy” rating in a report on Thursday, May 21st. Three research analysts have rated the stock with a Strong Buy rating, forty-eight have assigned a Buy rating and two have assigned a Hold rating to the company. According to data from MarketBeat.com, the company has a consensus rating of “Buy” and an average target price of $305.94.

Insider Transactions at NVIDIA

In related news, Director Mark A. Stevens sold 885,000 shares of the company’s stock in a transaction that occurred on Thursday, June 18th. The shares were sold at an average price of $210.17, for a total transaction of $186,000,450.00. Following the completion of the transaction, the director directly owned 5,207,271 shares in the company, valued at $1,094,412,146.07. This represents a 14.53% decrease in their position. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is available through this hyperlink. Also, Director Stephen C. Neal sold 15,500 shares of the firm’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 transaction of $3,343,815.00. Following the completion of the sale, the director owned 116,135 shares in the company, valued at $25,053,803.55. This represents a 11.77% decrease in their position. The disclosure for this sale is available in the SEC filing. In the last quarter, insiders sold 1,901,125 shares of company stock valued at $410,583,015. Corporate insiders own 3.94% of the company’s stock.

NVIDIA Stock Up 0.5%

NVDA stock opened at $225.30 on Friday. NVIDIA Corporation has a 52 week low of $164.07 and a 52 week high of $236.54. The business has a 50-day simple moving average of $205.74 and a 200 day simple moving average of $198.32. The company has a quick ratio of 2.85, a current ratio of 3.44 and a debt-to-equity ratio of 0.04. The company has a market cap of $5.45 trillion, a PE ratio of 34.50, a price-to-earnings-growth ratio of 0.44 and a beta of 2.23.

NVIDIA (NASDAQ:NVDA) last released its earnings results on Wednesday, May 20th. The computer hardware maker reported $1.87 EPS for the quarter, beating the consensus estimate of $1.76 by $0.11. The firm had revenue of $81.61 billion for the quarter, compared to analyst estimates of $78.42 billion. NVIDIA had a net margin of 62.97% and a return on equity of 96.94%. The business’s quarterly revenue was up 85.2% compared to the same quarter last year. During the same period last year, the firm earned $0.81 EPS. Sell-side analysts anticipate that NVIDIA Corporation will post 8.79 EPS for the current fiscal year.

NVIDIA Increases Dividend

The firm also recently declared a quarterly dividend, which was paid on Friday, June 26th. Stockholders of record on Thursday, June 4th were paid a $0.25 dividend. This represents a $1.00 annualized dividend and a dividend yield of 0.4%. The ex-dividend date was Thursday, June 4th. This is a positive change from NVIDIA’s previous quarterly dividend of $0.01. NVIDIA’s dividend payout ratio is 15.31%.

NVIDIA announced that its board has authorized a stock buyback plan on Wednesday, May 20th that permits the company to buyback $80.00 billion in outstanding shares. This buyback authorization permits the computer hardware maker to reacquire up to 1.5% of its shares through open market purchases. Shares buyback plans are generally an indication that the company’s leadership believes its stock is undervalued.

NVIDIA News Roundup

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 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.