NVIDIA Corporation $NVDA Shares Sold by California Public Employees Retirement System

California Public Employees Retirement System decreased its position in shares of NVIDIA Corporation (NASDAQ:NVDA) by 10.5% during the 1st quarter, HoldingsChannel.com reports. The firm owned 68,335,407 shares of the computer hardware maker’s stock after selling 8,040,355 shares during the quarter. NVIDIA makes up approximately 7.3% of California Public Employees Retirement System’s portfolio, making the stock its 2nd largest holding. California Public Employees Retirement System’s holdings in NVIDIA were worth $11,917,695,000 as of its most recent filing with the SEC.

A number of other hedge funds and other institutional investors have also made changes to their positions in NVDA. Ceera Investments LLC lifted its holdings in shares of NVIDIA by 45.2% in the 1st quarter. Ceera Investments LLC now owns 5,075 shares of the computer hardware maker’s stock valued at $885,000 after purchasing an additional 1,579 shares during the last quarter. Quadrant Private Wealth Management LLC boosted its position in shares of NVIDIA by 3.0% in the 1st quarter. Quadrant Private Wealth Management LLC now owns 314,013 shares of the computer hardware maker’s stock valued at $54,767,000 after purchasing an additional 9,162 shares during the period. Bartlett & CO. Wealth Management LLC grew its stake in NVIDIA by 5.5% during the 1st quarter. Bartlett & CO. Wealth Management LLC now owns 1,190,051 shares of the computer hardware maker’s stock worth $207,545,000 after buying an additional 61,702 shares during the last quarter. Watershed Asset Management L.L.C. purchased a new position in NVIDIA during the 1st quarter worth approximately $1,901,000. Finally, Heartland Bank & Trust Co increased its position in NVIDIA by 27.0% during the first quarter. Heartland Bank & Trust Co now owns 86,912 shares of the computer hardware maker’s stock worth $15,157,000 after buying an additional 18,470 shares during the period. Institutional investors and hedge funds own 65.27% of the company’s stock.

NVIDIA Trading Down 3.6%

Shares of NVIDIA stock opened at $190.01 on Thursday. NVIDIA Corporation has a 12-month low of $164.07 and a 12-month high of $236.54. 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 stock has a market cap of $4.60 trillion, a PE ratio of 29.10, a price-to-earnings-growth ratio of 0.38 and a beta of 2.21. The company has a 50-day moving average of $206.20 and a two-hundred day moving average of $196.01.

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

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 a boost from NVIDIA’s previous quarterly dividend of $0.01. This represents a $1.00 annualized dividend and a yield of 0.5%. The ex-dividend date of this dividend was Thursday, June 4th. NVIDIA’s payout ratio is presently 15.31%.

NVIDIA declared that its Board of Directors has initiated a share repurchase program on Wednesday, May 20th that allows the company to buyback $80.00 billion in shares. This buyback authorization allows the computer hardware maker to buy up to 1.5% of its stock through open market purchases. Stock buyback programs are usually an indication that the company’s management believes its stock is undervalued.

Analyst Ratings Changes

A number of brokerages have weighed in on NVDA. Wedbush boosted their price objective on NVIDIA from $300.00 to $330.00 and gave the company an “outperform” rating in a research note on Thursday, May 21st. Needham & Company LLC reiterated a “buy” rating and issued a $270.00 price target on shares of NVIDIA in a research report on Tuesday, June 2nd. Wolfe Research reiterated an “outperform” rating and set a $275.00 price target on shares of NVIDIA in a research note on Thursday, May 21st. China Renaissance assumed coverage on shares of NVIDIA in a research report on Friday, June 5th. They set a “buy” rating and a $319.00 price objective on the stock. Finally, Rosenblatt Securities restated a “buy” rating and issued a $325.00 price objective on shares of NVIDIA in a research note on Thursday, May 21st. Three research analysts have rated the stock with a Strong Buy rating, forty-eight have given a Buy rating and two have issued a Hold rating to the stock. According to MarketBeat.com, the stock presently has an average rating of “Buy” and an average price target of $304.26.

NVIDIA News Summary

Here are the key news stories impacting NVIDIA this week:

• Positive Sentiment: Strong AI demand remains evident across NVIDIA’s ecosystem. Partner SK Hynix reported a more than sixfold increase in quarterly operating profit, driven by advanced-memory demand from AI data centers, while its relationship with NVIDIA and HBM supply commitments support continued demand for NVIDIA systems. SK Hynix posts sixfold rise in Q2 profit on AI chip demand
• Positive Sentiment: Analysts continue to see substantial upside, with 26 recent price targets carrying a median of $308.50. Erste Group also modestly raised its fiscal 2027 and fiscal 2028 earnings estimates, reinforcing the case that long-term AI growth remains intact.
• Positive Sentiment: NVIDIA will report fiscal second-quarter 2027 results on August 26. The scheduled release gives investors a clear near-term catalyst and an opportunity to evaluate demand, margins and the impact of new products. NVIDIA Sets Conference Call for Second-Quarter Financial Results
• Neutral Sentiment: Reports that NVIDIA may be backing major OpenAI and Texas data-center projects highlight potential for additional chip demand, but the proposed financing arrangements also increase NVIDIA’s exposure to customers’ capital needs and execution risks. Nvidia behind $50 billion lease on Texas data center
• Negative Sentiment: Investors are concerned that circular financing and credit risks could make AI infrastructure spending less durable. Warnings about NVIDIA’s proposed OpenAI backstop, losses at leveraged AI-cloud companies and rising borrowing costs have pressured the broader AI trade. NVIDIA’s OpenAI Backstop Puts AI Financing Risk in Focus
• Negative Sentiment: Geopolitical and competitive risks remain a major overhang. Reports of a Taiwan detention involving an NVIDIA employee in a Super Micro China-export investigation, along with faster Chinese AI development, are renewing concerns about export controls and market access. Taiwan detains Nvidia employee in Super Micro probe
• Negative Sentiment: Market commentary also points to concentrated insider selling: reported NVIDIA insiders made no open-market purchases and 69 sales over the past six months. Although transactions may be scheduled, the imbalance can weigh on sentiment when valuation expectations are high.
• Negative Sentiment: Broad semiconductor selling and skepticism about AI spending have left NVIDIA below the psychologically important $200 level and below its 50-day moving average, signaling cautious short-term momentum despite strong underlying earnings growth.

Insiders Place Their Bets

In other NVIDIA news, Director John Dabiri sold 625 shares of the company’s stock in a transaction on Wednesday, May 27th. The stock was sold at an average price of $214.00, for a total value of $133,750.00. Following 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 transaction 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 value of $3,343,815.00. Following the completion of the sale, the director directly owned 116,135 shares in the company, valued at $25,053,803.55. This trade represents a 11.77% decrease in their position. The disclosure for this sale is available in the SEC filing. Over the last ninety days, insiders have sold 1,901,125 shares of company stock worth $410,583,015. 3.94% of the stock is owned by corporate insiders.

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.