Eukles Asset Management Has $23.90 Million Holdings in NVIDIA Corporation $NVDA

Eukles Asset Management reduced its stake in NVIDIA Corporation (NASDAQ:NVDA) by 2.2% during the fourth quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission (SEC). The firm owned 128,130 shares of the computer hardware maker’s stock after selling 2,820 shares during the quarter. NVIDIA comprises 9.3% of Eukles Asset Management’s holdings, making the stock its largest holding. Eukles Asset Management’s holdings in NVIDIA were worth $23,896,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

A number of other institutional investors and hedge funds have also added to or reduced their stakes in the company. Diversified Enterprises LLC lifted its holdings in shares of NVIDIA by 44.2% in the 4th quarter. Diversified Enterprises LLC now owns 127,604 shares of the computer hardware maker’s stock worth $23,798,000 after purchasing an additional 39,129 shares in the last quarter. PMG Family Office LLC bought a new stake in NVIDIA during the 3rd quarter valued at $2,150,000. ASR Vermogensbeheer N.V. increased its stake in NVIDIA by 1.8% during the 4th quarter. ASR Vermogensbeheer N.V. now owns 3,169,377 shares of the computer hardware maker’s stock valued at $591,086,000 after purchasing an additional 54,877 shares in the last quarter. Weaver Capital Management LLC raised its holdings in NVIDIA by 5.5% during the fourth quarter. Weaver Capital Management LLC now owns 85,216 shares of the computer hardware maker’s stock worth $15,893,000 after buying an additional 4,439 shares during the last quarter. Finally, Circle Wealth Management LLC lifted its stake in shares of NVIDIA by 16.1% in the third quarter. Circle Wealth Management LLC now owns 107,787 shares of the computer hardware maker’s stock valued at $20,111,000 after buying an additional 14,936 shares in the last quarter. Institutional investors and hedge funds own 65.27% of the company’s stock.

Analysts Set New Price Targets

NVDA has been the subject of a number of analyst reports. Piper Sandler reiterated an “overweight” rating on shares of NVIDIA in a report on Thursday, February 26th. Oppenheimer restated an “outperform” rating and issued a $265.00 target price on shares of NVIDIA in a report on Thursday, February 26th. Weiss Ratings reiterated a “buy (b)” rating on shares of NVIDIA in a research note on Friday, April 10th. Fundamental Research set a $218.00 price objective on NVIDIA in a report on Thursday, February 26th. Finally, Truist Financial increased their price objective on NVIDIA from $287.00 to $307.00 and gave the stock a “buy” rating in a research note on Thursday, May 21st. Three analysts have rated the stock with a Strong Buy rating, forty-eight have given a Buy rating and three have issued a Hold rating to the stock. Based on data from MarketBeat.com, NVIDIA currently has a consensus rating of “Buy” and an average price target of $305.67.

Insider Transactions at NVIDIA

In related news, 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 value of $3,343,815.00. Following the completion of the transaction, the director directly owned 116,135 shares of the company’s stock, valued at approximately $25,053,803.55. This trade represents a 11.77% decrease in their position. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is accessible through this hyperlink. Also, Director Aarti S. Shah sold 19,000 shares of the firm’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 directly owned 36,007 shares of the company’s stock, valued at approximately $6,362,796.97. This trade represents a 34.54% decrease in their ownership of the stock. Additional details regarding this sale are available in the official SEC disclosure. Over the last three months, insiders have sold 1,622,461 shares of company stock valued at $332,629,083. 3.94% of the stock is currently owned by insiders.

NVIDIA Stock Performance

Shares of NVDA opened at $208.64 on Tuesday. The firm has a market cap of $5.05 trillion, a PE ratio of 31.95, a PEG ratio of 0.46 and a beta of 2.22. The stock’s fifty day moving average price is $204.12 and its two-hundred day moving average price is $190.77. 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 Corporation has a 1 year low of $140.85 and a 1 year high of $236.54.

NVIDIA (NASDAQ:NVDA) last posted its quarterly earnings results on Wednesday, May 20th. The computer hardware maker reported $1.87 earnings per share for the quarter, topping the consensus estimate of $1.76 by $0.11. NVIDIA had a return on equity of 96.94% and a net margin of 62.97%.The company had revenue of $81.62 billion during the quarter, compared to the consensus estimate of $78.42 billion. During the same quarter in the prior year, the company earned $0.81 EPS. The firm’s quarterly revenue was up 85.2% compared to the same quarter last year. On average, equities research analysts forecast that NVIDIA Corporation will post 8.61 EPS 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 given a dividend of $0.25 per share. This is a boost from NVIDIA’s previous quarterly dividend of $0.01. This represents a $1.00 dividend on an annualized basis and a yield of 0.5%. The ex-dividend date is Thursday, June 4th. NVIDIA’s dividend payout ratio (DPR) is 15.31%.

NVIDIA declared that its Board of Directors has authorized a stock buyback plan on Wednesday, May 20th that authorizes the company to repurchase $80.00 billion in shares. This repurchase authorization authorizes the computer hardware maker to repurchase up to 1.5% of its stock through open market purchases. Stock repurchase plans are typically an indication that the company’s board believes its shares are undervalued.

NVIDIA News Roundup

Here are the key news stories impacting NVIDIA this week:

• Positive Sentiment: NVIDIA announced multiyear partnerships in South Korea with SK Hynix, SK Telecom, and NAVER to build gigawatt-scale AI clouds and AI factories using NVIDIA’s DSX platform, which expands its footprint in sovereign AI, data centers, and next-generation memory supply. NVIDIA and SK hynix Announce Multiyear Technology Partnership to Advance Memory for AI Factories
• Positive Sentiment: CEO Jensen Huang said the recent chip selloff should make investors “very happy,” reinforcing the view that AI demand remains strong and that the pullback may be a buying opportunity for semiconductor stocks. Nvidia Stock Rises as CEO Says Chip Selloff Should Make Investors ‘Very Happy’
• Positive Sentiment: Reports that Apple is partnering with Google and NVIDIA for a more advanced AI model, plus continued interest from investors and analysts, add to the bullish narrative that NVIDIA remains central to the AI buildout. Apple partnering with Google and Nvidia for most advanced AI model
• Neutral Sentiment: Some coverage highlighted concerns that NVIDIA’s AI PC push is still based on unproven consumer demand beyond niche users, suggesting this initiative may take time to meaningfully contribute to growth. Nvidia’s AI PC push banks on unproven demand beyond niche users
• Negative Sentiment: There was also attention on NVIDIA CEO Jensen Huang declining a Senate invitation to testify on AI and China export controls, keeping regulatory and geopolitical risks in view. Nvidia CEO Jensen Huang declines Senate testimony on AI, China and exports

About NVIDIA

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.