NewEdge Wealth LLC Raises Stake in NVIDIA Corporation $NVDA

NewEdge Wealth LLC lifted its position in NVIDIA Corporation (NASDAQ:NVDA) by 27.4% during the 4th quarter, HoldingsChannel reports. The institutional investor owned 1,490,872 shares of the computer hardware maker’s stock after acquiring an additional 321,057 shares during the period. NVIDIA comprises about 3.1% of NewEdge Wealth LLC’s investment portfolio, making the stock its 4th biggest holding. NewEdge Wealth LLC’s holdings in NVIDIA were worth $278,048,000 at the end of the most recent quarter.

Several other hedge funds and other institutional investors have also recently made changes to their positions in NVDA. Longfellow Investment Management Co. LLC lifted its stake in shares of NVIDIA by 47.9% in the second quarter. Longfellow Investment Management Co. LLC now owns 207 shares of the computer hardware maker’s stock worth $33,000 after buying an additional 67 shares in the last quarter. Spurstone Advisory Services LLC bought a new position in shares of NVIDIA in the second quarter worth approximately $40,000. Syntax Research Inc. lifted its stake in shares of NVIDIA by 62.5% in the fourth quarter. Syntax Research Inc. now owns 260 shares of the computer hardware maker’s stock worth $49,000 after buying an additional 100 shares in the last quarter. Sellwood Investment Partners LLC bought a new position in shares of NVIDIA in the third quarter worth approximately $50,000. Finally, Networth Advisors LLC bought a new position in shares of NVIDIA in the fourth quarter worth approximately $51,000. Institutional investors own 65.27% of the company’s stock.

Wall Street Analysts Forecast Growth

Several research firms have recently weighed in on NVDA. Daiwa Securities Group boosted their price objective on shares of NVIDIA from $215.00 to $255.00 and gave the company an “outperform” rating in a report on Friday, May 22nd. Evercore reissued an “outperform” rating and set a $413.00 price objective (up from $352.00) on shares of NVIDIA in a report on Thursday, May 21st. DA Davidson reissued a “buy” rating and set a $300.00 price objective on shares of NVIDIA in a report on Monday. Susquehanna reissued a “positive” rating and set a $275.00 price objective (up from $250.00) on shares of NVIDIA in a report on Tuesday, May 12th. Finally, William Blair set a $300.00 price objective on shares of NVIDIA in a report on Thursday, March 12th. Three investment analysts have rated the stock with a Strong Buy rating, forty-seven have assigned a Buy rating and three have assigned a Hold rating to the stock. According to data from MarketBeat, the stock currently has an average rating of “Buy” and a consensus target price of $305.38.

Insider Buying and Selling at NVIDIA

In other NVIDIA news, Director John Dabiri sold 625 shares of the company’s stock in a transaction that occurred on Wednesday, May 27th. The shares were sold at an average price of $214.00, for a total value of $133,750.00. Following the completion of the transaction, the director directly owned 14,163 shares in the company, valued at $3,030,882. This represents a 4.23% decrease in their ownership of the stock. The transaction was disclosed in a document filed with the SEC, which is available through this hyperlink. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Also, Director Aarti S. Shah sold 19,000 shares of the company’s stock in a transaction that occurred on Thursday, March 19th. The stock was sold at an average price of $176.71, for a total transaction of $3,357,490.00. Following the completion of the transaction, the director owned 36,007 shares of the company’s stock, valued at approximately $6,362,796.97. The trade was a 34.54% decrease in their ownership of the stock. The SEC filing for this sale provides additional information. Insiders sold 906,961 shares of company stock valued at $162,936,268 in the last quarter. Insiders own 3.94% of the company’s stock.

Key NVIDIA News

Here are the key news stories impacting NVIDIA this week:

• Positive Sentiment: NVIDIA unveiled RTX Spark, a new AI-focused PC “superchip” for Windows laptops and desktops, and said it will ship through partners including Dell, HP, Lenovo, ASUS and Microsoft, opening a large new market beyond data center GPUs. Article Title
• Positive Sentiment: The company also introduced the Vera CPU, Vera Rubin systems, and the DSX platform for AI factories, signaling deeper monetization across chips, software, and infrastructure as AI spending expands. Article Title
• Positive Sentiment: Multiple partners, including TSMC, Foxconn, CoreWeave, ABB, Cadence, and Siemens, announced new integrations with NVIDIA’s AI infrastructure stack, which supports the view that NVIDIA remains central to the buildout of AI computing. Article Title
• Positive Sentiment: Analysts and market commentary remain constructive, with firms reiterating buy ratings and investors focusing on NVIDIA’s strong revenue growth and expanding addressable markets. Article Title
• Neutral Sentiment: There was also discussion of a possible U.S. export clampdown and signs that Chinese companies are developing alternatives to NVIDIA chips, which could pressure some future sales in China. Article Title
• Negative Sentiment: Some coverage also raised concerns about valuation and competition, including commentary that rival chipmakers and Chinese alternatives could challenge NVIDIA’s growth trajectory over time. Article Title

NVIDIA Stock Up 6.3%

Shares of NVDA stock opened at $224.36 on Tuesday. NVIDIA Corporation has a 12 month low of $135.40 and a 12 month high of $236.54. The stock has a market cap of $5.43 trillion, a P/E ratio of 34.36, a P/E/G ratio of 0.51 and a beta of 2.22. The company has a current ratio of 3.44, a quick ratio of 2.85 and a debt-to-equity ratio of 0.04. The company has a 50 day simple moving average of $200.19 and a two-hundred day simple moving average of $189.85.

NVIDIA (NASDAQ:NVDA) last announced its earnings results on Wednesday, May 20th. The computer hardware maker reported $1.87 EPS 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 $81.62 billion during the quarter, compared to analysts’ expectations of $78.42 billion. During the same period in the prior year, the company earned $0.81 earnings per share. The firm’s revenue was up 85.2% on a year-over-year basis. On average, research analysts expect that NVIDIA Corporation will post 8.04 earnings per share for the current year.

NVIDIA Increases Dividend

The firm also recently announced a quarterly dividend, which will be paid on Friday, June 26th. Shareholders of record on Thursday, June 4th will be issued a dividend of $0.25 per share. This is an increase from NVIDIA’s previous quarterly dividend of $0.01. This represents a $1.00 dividend on an annualized basis and a yield of 0.4%. The ex-dividend date of this dividend is Thursday, June 4th. NVIDIA’s dividend payout ratio is currently 0.61%.

NVIDIA declared that its board has authorized a share 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 repurchase up to 1.5% of its stock through open market purchases. Stock repurchase programs are usually an indication that the company’s board of directors believes its stock is undervalued.

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.