Stark Wealth Management LLC bought a new position in shares of NVIDIA Corporation (NASDAQ:NVDA – Free Report) during the fourth quarter, according to its most recent disclosure with the Securities and Exchange Commission (SEC). The fund bought 2,696 shares of the computer hardware maker’s stock, valued at approximately $503,000. NVIDIA accounts for approximately 1.8% of Stark Wealth Management LLC’s portfolio, making the stock its 18th largest holding.
A number of other hedge funds have also recently bought and sold shares of NVDA. Norges Bank acquired a new position in NVIDIA during the fourth quarter worth about $62,244,133,000. Cardano Risk Management B.V. grew its holdings in NVIDIA by 896.4% during the fourth quarter. Cardano Risk Management B.V. now owns 78,123,960 shares of the computer hardware maker’s stock worth $14,570,119,000 after acquiring an additional 70,283,539 shares during the period. Capital Research Global Investors grew its holdings in NVIDIA by 16.1% during the third quarter. Capital Research Global Investors now owns 165,377,852 shares of the computer hardware maker’s stock worth $30,855,564,000 after acquiring an additional 22,896,705 shares during the period. Laurel Wealth Advisors LLC grew its holdings in NVIDIA by 15,496.1% during the second quarter. Laurel Wealth Advisors LLC now owns 21,865,525 shares of the computer hardware maker’s stock worth $3,454,534,000 after acquiring an additional 21,725,326 shares during the period. Finally, Danske Bank A S acquired a new position in NVIDIA during the third quarter worth about $3,180,313,000. 65.27% of the stock is owned by institutional investors and hedge funds.
Analyst Ratings Changes
NVDA has been the topic of a number of research analyst reports. KeyCorp set a $310.00 target price on NVIDIA and gave the stock an “overweight” rating in a report on Thursday, May 21st. Itau BBA Securities reiterated a “market perform” rating on shares of NVIDIA in a research report on Thursday, February 26th. Seaport Research Partners increased their price target on NVIDIA from $140.00 to $180.00 and gave the company a “sell” rating in a research report on Thursday, May 21st. Benchmark reiterated a “buy” rating and issued a $335.00 price target (up from $250.00) on shares of NVIDIA in a research report on Thursday, May 21st. Finally, DA Davidson reiterated a “buy” rating and issued a $300.00 price target on shares of NVIDIA in a research report on Monday, June 1st. Three research 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, the company has a consensus rating of “Buy” and a consensus target price of $305.67.
NVIDIA Trading Down 2.4%
Shares of NASDAQ NVDA opened at $207.41 on Wednesday. NVIDIA Corporation has a one year low of $142.03 and a one year high of $236.54. The firm has a market capitalization of $5.02 trillion, a PE ratio of 31.76, a PEG ratio of 0.47 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 business has a 50-day moving average price of $208.14 and a two-hundred day moving average price of $191.84.
NVIDIA (NASDAQ:NVDA – Get Free Report) last announced its quarterly earnings data on Wednesday, May 20th. The computer hardware maker reported $1.87 EPS for the quarter, topping analysts’ consensus estimates of $1.76 by $0.11. NVIDIA had a return on equity of 96.94% and a net margin of 62.97%.The firm had revenue of $81.62 billion during the quarter, compared to analyst estimates of $78.42 billion. During the same period last year, the company posted $0.81 EPS. The business’s quarterly revenue was up 85.2% compared to the same quarter last year. As a group, analysts predict that NVIDIA Corporation will post 8.65 earnings per share for the current fiscal year.
NVIDIA Increases Dividend
The firm also recently disclosed 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 represents a $1.00 dividend on an annualized basis and a yield of 0.5%. The ex-dividend date is Thursday, June 4th. This is a boost from NVIDIA’s previous quarterly dividend of $0.01. NVIDIA’s dividend payout ratio is 15.31%.
NVIDIA announced that its Board of Directors has initiated a stock buyback plan on Wednesday, May 20th that permits the company to buyback $80.00 billion in shares. This buyback authorization permits the computer hardware maker to repurchase up to 1.5% of its stock through open market purchases. Stock buyback plans are often an indication that the company’s board of directors believes its shares are undervalued.
Insider Activity
In other NVIDIA news, Director Aarti S. Shah sold 19,000 shares of the firm’s stock in a transaction dated 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 sale, the director directly owned 36,007 shares in the company, valued at approximately $6,362,796.97. This trade represents a 34.54% decrease in their position. The sale was disclosed in a legal filing with the SEC, which is available through this hyperlink. Also, Director Mark A. Stevens sold 500,000 shares of the firm’s stock in a transaction dated Thursday, June 4th. The stock was sold at an average price of $219.83, for a total value of $109,915,000.00. Following the sale, the director owned 6,399,771 shares of the company’s stock, valued at $1,406,861,658.93. The trade was a 7.25% decrease in their ownership of the stock. The disclosure for this sale is available in the SEC filing. In the last three months, insiders sold 1,319,457 shares of company stock worth $277,398,643. Corporate insiders own 3.94% of the company’s stock.
NVIDIA News Roundup
Here are the key news stories impacting NVIDIA this week:
- Positive Sentiment: NVIDIA announced a multiyear partnership with SK hynix to co-develop advanced AI memory technologies and autonomous fab tools, reinforcing its ecosystem leadership in next-generation AI infrastructure. SK hynix Partners With Nvidia On AI Memory And Autonomous Fabs
- Positive Sentiment: Reports that NVIDIA landed additional AI infrastructure deals in South Korea added to investor optimism that demand for its chips and systems remains strong. Nvidia Corp Lands AI Infrastructure Deals in South Korea
- Positive Sentiment: Several bullish articles highlighted continued Wall Street confidence in NVIDIA’s growth path, with analysts pointing to strong data center GPU demand and the upcoming Vera Rubin platform as major catalysts. Can Nvidia Stock Reach $743 in the Next 12 Months?
- Positive Sentiment: Investors also reacted positively to NVIDIA’s move to raise about $20 billion in its first bond sale in years, which signals confidence in funding the massive AI buildout and keeping pace with infrastructure demand. Nvidia plans to raise about $20 billion in first debt sale since start of AI boom
- Neutral Sentiment: Commentary from 24/7 Wall St. and others suggested that NVIDIA remains the default AI trade, but also noted growing debate over valuation and competition from other chipmakers and custom silicon efforts. Nvidia Is Back Above $5 Trillion. Here’s What Comes Next
- Neutral Sentiment: Articles pointing out that AI stocks are increasingly crowded and that some investors are rotating into other names may temper enthusiasm, but they do not change the core demand story for NVDA. Forget Betting Everything on NVIDIA
- Negative Sentiment: Some coverage emphasized that AI data centers and suppliers are taking on more debt to finance the boom, which could raise concerns about capital intensity and pressure on the broader AI supply chain. Nvidia As Big Borrower: AI Data Centers, Suppliers Racking Up Debt
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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