Plimoth Trust Co. LLC Acquires 3,894 Shares of NVIDIA Corporation $NVDA

Plimoth Trust Co. LLC increased its holdings in shares of NVIDIA Corporation (NASDAQ:NVDA) by 3.1% during the first quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission (SEC). The fund owned 129,499 shares of the computer hardware maker’s stock after acquiring an additional 3,894 shares during the period. NVIDIA comprises approximately 5.0% of Plimoth Trust Co. LLC’s holdings, making the stock its 2nd largest holding. Plimoth Trust Co. LLC’s holdings in NVIDIA were worth $22,585,000 at the end of the most recent quarter.

Other hedge funds and other institutional investors have also recently bought and sold shares of the company. Norges Bank bought a new stake in NVIDIA during the 4th quarter worth about $62,244,133,000. J. Stern & Co. LLP raised its stake in shares of NVIDIA by 13,709.1% in the fourth quarter. J. Stern & Co. LLP now owns 125,760,307 shares of the computer hardware maker’s stock worth $23,454,297,000 after acquiring an additional 124,849,603 shares during the last quarter. Cardano Risk Management B.V. raised its stake in shares of NVIDIA by 896.4% in 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 last quarter. Capital Research Global Investors lifted its position in shares of 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 purchasing an additional 22,896,705 shares in the last quarter. Finally, Laurel Wealth Advisors LLC lifted its position in shares of 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 purchasing an additional 21,725,326 shares in the last quarter. 65.27% of the stock is owned by institutional investors and hedge funds.

Key Stories Impacting NVIDIA

Here are the key news stories impacting NVIDIA this week:

• Positive Sentiment: Commentary from investors and analysts continued to frame NVIDIA as the leader in AI infrastructure, with strong earnings, high margins, and ongoing demand for its chips and full-stack platform. Article Title
• Positive Sentiment: Several reports said NVIDIA remains the preferred AI-chip exposure for Wall Street, citing continued AI capex, favorable analyst ratings, and the company’s dominant position versus rivals like AMD and custom-chip efforts. Article Title
• Positive Sentiment: Coverage on AI spending suggested demand is still healthy, with TSMC’s strong sales and broader AI buildout trends reinforcing the idea that NVIDIA’s end-market remains resilient. Article Title
• Neutral Sentiment: Some articles argued that NVIDIA’s stock has lagged the broader AI trade or that other names such as Broadcom may outperform in the near term, which adds debate but does not change the core long-term thesis. Article Title
• Negative Sentiment: Broader tech weakness and profit-taking hit semiconductor stocks, and one article noted investors were trimming exposure to high-growth names, which pressured NVIDIA in the short term. Article Title
• Negative Sentiment: Several reports raised questions about whether AI spending is becoming more selective or whether competition from custom chips and rivals could eventually limit NVIDIA’s upside, creating a cautionary tone. Article Title

Insider Activity 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 sale, the director owned 14,163 shares of the company’s stock, valued at approximately $3,030,882. This represents a 4.23% decrease in their ownership of the stock. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is accessible through the SEC website. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Also, Director Stephen C. Neal sold 15,500 shares of the company’s stock in a transaction 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 of the company’s stock, valued at approximately $25,053,803.55. This represents a 11.77% decrease in their position. The disclosure for this sale is available in the SEC filing. Over the last 90 days, insiders sold 1,901,125 shares of company stock worth $410,583,015. 3.94% of the stock is currently owned by company insiders.

NVIDIA Trading Down 3.4%

NASDAQ NVDA opened at $203.69 on Tuesday. NVIDIA Corporation has a 12 month low of $162.02 and a 12 month high of $236.54. The stock has a 50-day simple moving average of $209.57 and a 200 day simple moving average of $194.60. 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 market capitalization of $4.93 trillion, a PE ratio of 31.19, a P/E/G ratio of 0.46 and a beta of 2.21.

NVIDIA (NASDAQ:NVDA) last issued its earnings results on Wednesday, May 20th. The computer hardware maker reported $1.87 earnings per share (EPS) for the quarter, topping analysts’ consensus estimates of $1.76 by $0.11. The firm had revenue of $81.61 billion for the quarter, compared to analysts’ expectations of $78.42 billion. NVIDIA had a return on equity of 96.94% and a net margin of 62.97%.The company’s revenue was up 85.2% compared to the same quarter last year. During the same quarter last year, the business earned $0.81 earnings per share. Research analysts forecast that NVIDIA Corporation will post 8.8 EPS for the current year.

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

NVIDIA Increases Dividend

The company also recently disclosed a quarterly dividend, which was paid on Friday, June 26th. Investors of record on Thursday, June 4th were 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 0.5%. The ex-dividend date was Thursday, June 4th. NVIDIA’s dividend payout ratio is presently 15.31%.

Wall Street Analyst Weigh In

A number of brokerages recently weighed in on NVDA. The Goldman Sachs Group reissued a “buy” rating and issued a $285.00 price target (up from $250.00) on shares of NVIDIA in a report on Wednesday, May 20th. KeyCorp set a $310.00 price objective on NVIDIA and gave the stock an “overweight” rating in a report on Thursday, May 21st. Benchmark reiterated a “buy” rating and issued a $335.00 price objective (up from $250.00) on shares of NVIDIA in a research report on Thursday, May 21st. HSBC reissued a “buy” rating and issued a $325.00 target price (up from $295.00) on shares of NVIDIA in a research note on Tuesday, May 19th. Finally, Morgan Stanley set a $288.00 price target on NVIDIA and gave the company an “overweight” rating in a research note on Thursday, May 21st. Two equities research analysts have rated the stock with a Strong Buy rating, forty-eight have assigned a Buy rating and three have issued a Hold rating to the company’s stock. Based on data from MarketBeat, NVIDIA currently has a consensus rating of “Moderate Buy” and an average target price of $303.84.

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.