W.G. Shaheen & Associates DBA Whitney & Co Acquires 20,382 Shares of NVIDIA Corporation $NVDA

W.G. Shaheen & Associates DBA Whitney & Co lifted its holdings in shares of NVIDIA Corporation (NASDAQ:NVDA) by 11.8% during the 4th quarter, according to its most recent 13F filing with the SEC. The institutional investor owned 193,451 shares of the computer hardware maker’s stock after acquiring an additional 20,382 shares during the period. NVIDIA accounts for approximately 2.9% of W.G. Shaheen & Associates DBA Whitney & Co’s investment portfolio, making the stock its 7th biggest holding. W.G. Shaheen & Associates DBA Whitney & Co’s holdings in NVIDIA were worth $36,079,000 as of its most recent SEC filing.

Several other hedge funds and other institutional investors have also made changes to their positions in NVDA. Longfellow Investment Management Co. LLC raised its position in shares of NVIDIA by 47.9% during the 2nd quarter. Longfellow Investment Management Co. LLC now owns 207 shares of the computer hardware maker’s stock worth $33,000 after acquiring an additional 67 shares in the last quarter. Spurstone Advisory Services LLC acquired a new stake in shares of NVIDIA during the 2nd quarter worth about $40,000. Sellwood Investment Partners LLC acquired a new stake in shares of NVIDIA during the 3rd quarter worth about $50,000. Networth Advisors LLC acquired a new stake in shares of NVIDIA during the 4th quarter worth about $51,000. Finally, EDENTREE ASSET MANAGEMENT Ltd acquired a new stake in shares of NVIDIA during the 2nd quarter worth about $54,000. Institutional investors and hedge funds own 65.27% of the company’s stock.

Analyst Ratings Changes

Several equities research analysts have recently weighed in on the company. Robert W. Baird set a $500.00 target price on NVIDIA and gave the stock an “outperform” rating in a research report on Thursday. Fundamental Research set a $218.00 price target on NVIDIA in a research report on Thursday, February 26th. Evercore reaffirmed an “outperform” rating and set a $413.00 price target (up from $352.00) on shares of NVIDIA in a research report on Thursday. Zacks Research lowered NVIDIA from a “strong-buy” rating to a “hold” rating in a research report on Thursday. Finally, Susquehanna reaffirmed a “positive” rating and set a $275.00 price target (up from $250.00) on shares of NVIDIA in a research report on Tuesday, May 12th. Three research analysts have rated the stock with a Strong Buy rating, forty-eight have issued a Buy rating and three have issued a Hold rating to the stock. According to MarketBeat.com, the stock presently has a consensus rating of “Buy” and a consensus price target of $303.27.

NVIDIA Trading Down 1.9%

NASDAQ:NVDA opened at $215.33 on Friday. The firm has a market cap of $5.21 trillion, a P/E ratio of 32.98, a PEG ratio of 0.67 and a beta of 2.25. The company has a current ratio of 3.44, a quick ratio of 3.24 and a debt-to-equity ratio of 0.04. The stock’s 50 day simple moving average is $196.10 and its 200-day simple moving average is $189.06. NVIDIA Corporation has a 12-month low of $129.16 and a 12-month high of $236.54.

NVIDIA (NASDAQ:NVDA) last released its earnings results on Wednesday, May 20th. The computer hardware maker reported $1.87 earnings per share (EPS) for the quarter, beating analysts’ consensus estimates of $1.76 by $0.11. The business had revenue of $81.62 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 revenue for the quarter was up 85.2% compared to the same quarter last year. During the same quarter in the previous year, the company posted $0.81 earnings per share. Equities analysts anticipate that NVIDIA Corporation will post 7.98 EPS for the current year.

NVIDIA Increases Dividend

The business also recently announced a quarterly dividend, which will be paid on Friday, June 26th. Stockholders of record on Thursday, June 4th will be issued a $0.25 dividend. The ex-dividend date of this dividend is Thursday, June 4th. 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 dividend yield of 0.5%. NVIDIA’s dividend payout ratio is presently 15.31%.

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

NVIDIA News Roundup

Here are the key news stories impacting NVIDIA this week:

• Positive Sentiment: NVIDIA delivered a record quarter with massive revenue growth, strong guidance, and record data center sales. The Tech Download: What you might have missed in Nvidia’s earnings — a $200 billion opportunity and edge computing
• Positive Sentiment: The company raised its dividend sharply and approved an $80 billion buyback, signaling confidence in future cash generation. Nvidia Just Raised Its Dividend By 2,400% — and That Wasn’t Even the Biggest News From Its Earnings Report
• Positive Sentiment: Wall Street remains broadly bullish, with multiple analysts raising price targets after earnings. Nvidia stock continues to struggle after earnings, but analysts remain firmly bullish
• Neutral Sentiment: Despite the strong report, the market seems to be digesting the results rather than rewarding them, suggesting investors may think the bar was already very high. Nvidia Stock Misses Out on Friday’s Rally. Here’s How Much Traders See It Moving Next Week
• Negative Sentiment: Some investors remain worried about valuation, competition, and the possibility that AI spending growth could slow from current extreme levels. Why Nvidia Stock Is Barely Moving After Earnings Crushed Expectations

Insiders Place Their Bets

In other news, Director Aarti S. Shah sold 19,000 shares of the business’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 value of $3,357,490.00. Following 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 transaction was disclosed in a document filed with the SEC, which is accessible through this hyperlink. Also, Director John Dabiri sold 3,004 shares of the business’s stock in a transaction that occurred on Friday, March 13th. The shares were sold at an average price of $184.90, for a total value of $555,439.60. Following the completion of the transaction, the director directly owned 14,788 shares in the company, valued at approximately $2,734,301.20. The trade was a 16.88% decrease in their position. The disclosure for this sale is available in the SEC filing. In the last 90 days, insiders have sold 906,336 shares of company stock valued at $162,802,518. 4.17% of the stock is owned by company insiders.

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.