SmartHarvest Portfolios LLC Takes $20.93 Million Position in NVIDIA Corporation $NVDA

SmartHarvest Portfolios LLC bought a new position in shares of NVIDIA Corporation (NASDAQ:NVDA) in the 4th quarter, HoldingsChannel.com reports. The firm bought 112,236 shares of the computer hardware maker’s stock, valued at approximately $20,932,000. NVIDIA makes up approximately 7.3% of SmartHarvest Portfolios LLC’s portfolio, making the stock its largest position.

Several other hedge funds and other institutional investors have also added to or reduced their stakes in NVDA. Joule Financial LLC grew its holdings in NVIDIA by 2.2% in the third quarter. Joule Financial LLC now owns 2,308 shares of the computer hardware maker’s stock worth $431,000 after purchasing an additional 50 shares during the last quarter. Vision Financial Markets LLC grew its holdings in NVIDIA by 1.2% in the third quarter. Vision Financial Markets LLC now owns 4,640 shares of the computer hardware maker’s stock worth $866,000 after purchasing an additional 53 shares during the last quarter. Presidio Capital Management LLC grew its holdings in NVIDIA by 0.4% in the fourth quarter. Presidio Capital Management LLC now owns 15,137 shares of the computer hardware maker’s stock worth $2,823,000 after purchasing an additional 53 shares during the last quarter. LMG Wealth Partners LLC grew its holdings in shares of NVIDIA by 0.7% during the fourth quarter. LMG Wealth Partners LLC now owns 7,649 shares of the computer hardware maker’s stock valued at $1,427,000 after buying an additional 53 shares during the last quarter. Finally, IMG Wealth Management Inc. grew its holdings in shares of NVIDIA by 1.4% during the third quarter. IMG Wealth Management Inc. now owns 3,820 shares of the computer hardware maker’s stock valued at $713,000 after buying an additional 54 shares during the last quarter. 65.27% of the stock is currently owned by hedge funds and other institutional investors.

Key Stories Impacting NVIDIA

Here are the key news stories impacting NVIDIA this week:

• Positive Sentiment: NVIDIA is expanding its AI footprint through new partnerships, including work with Microsoft on agentic AI deployment and a healthcare AI model with Abridge, reinforcing its leadership beyond traditional chips.
• Positive Sentiment: The company helped launch Helix Digital Infrastructure with KKR, Vistra, and the Kuwait Investment Authority, a more than $10 billion AI infrastructure venture that highlights sustained demand for NVIDIA-powered data center buildouts.
• Positive Sentiment: Analysts remain constructive, with multiple notes arguing NVIDIA is undervalued and has major upside, while others continue to point to unusually strong Blackwell demand and durable profit margins.
• Positive Sentiment: NVIDIA increased its buyback authorization by $80 billion, lifting the total active authorization above $120 billion, which signals management confidence and supports shareholder returns.
• Neutral Sentiment: The company scheduled the 2026 Annual Meeting of Stockholders for June 24, a routine corporate update that does not by itself change the investment outlook. NVIDIA Stockholder Meeting Set for June 24; Individuals Can Participate Online
• Negative Sentiment: Some articles flagged pressure on AI hardware stocks and concerns that the broader market is no longer rewarding every AI name, which may explain why NVIDIA has also faced volatility despite strong fundamentals.

Analyst Upgrades and Downgrades

A number of equities research analysts have recently weighed in on the stock. Citigroup assumed coverage on shares of NVIDIA in a report on Wednesday, April 15th. They set a “buy” rating on the stock. Morgan Stanley set a $288.00 price objective on shares of NVIDIA and gave the company an “overweight” rating in a report on Thursday, May 21st. Citic Securities boosted their price objective on shares of NVIDIA from $242.00 to $315.00 and gave the company a “buy” rating in a report on Friday, May 22nd. Wedbush boosted their price objective on shares of NVIDIA from $300.00 to $330.00 and gave the company an “outperform” rating in a report on Thursday, May 21st. Finally, TD Cowen reissued a “buy” rating and set a $275.00 price objective (up from $235.00) on shares of NVIDIA in a report on Friday, May 15th. Three investment 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.com, NVIDIA has an average rating of “Buy” and a consensus price target of $305.67.

Insider Buying and Selling

In other NVIDIA news, Director Mark A. Stevens sold 500,000 shares of the company’s stock in a transaction on Thursday, June 4th. The shares were sold at an average price of $219.83, for a total value of $109,915,000.00. Following the sale, the director directly owned 6,399,771 shares of the company’s stock, valued at approximately $1,406,861,658.93. This represents a 7.25% decrease in their ownership of the stock. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which can be accessed through this link. Also, Director Aarti S. Shah sold 19,000 shares of the company’s stock in a transaction on Thursday, March 19th. The shares were 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. The trade was a 34.54% decrease in their ownership of the stock. The SEC filing for this sale provides additional information. Insiders sold 1,619,457 shares of company stock valued at $332,073,643 in the last 90 days. 3.94% of the stock is currently owned by insiders.

NVIDIA Price Performance

NASDAQ:NVDA opened at $204.87 on Friday. NVIDIA Corporation has a one year low of $140.85 and a one year high of $236.54. The company has a debt-to-equity ratio of 0.04, a quick ratio of 2.85 and a current ratio of 3.44. The firm has a market cap of $4.96 trillion, a price-to-earnings ratio of 31.37, a PEG ratio of 0.45 and a beta of 2.22. The firm’s fifty day moving average is $206.25 and its two-hundred day moving average is $191.25.

NVIDIA (NASDAQ:NVDA) last posted its quarterly earnings results on Wednesday, May 20th. The computer hardware maker reported $1.87 EPS for the quarter, beating the consensus estimate of $1.76 by $0.11. NVIDIA had a net margin of 62.97% and a return on equity of 96.94%. The company had revenue of $81.62 billion for the quarter, compared to analyst estimates of $78.42 billion. During the same period in the prior year, the company earned $0.81 earnings per share. The firm’s revenue was up 85.2% on a year-over-year basis. Research analysts expect that NVIDIA Corporation will post 8.61 EPS for the current year.

NVIDIA Increases Dividend

The firm also recently declared a quarterly dividend, which will be paid on Friday, June 26th. Shareholders 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 a positive change from NVIDIA’s previous quarterly dividend of $0.01. This represents a $1.00 annualized dividend and a yield of 0.5%. NVIDIA’s dividend payout ratio is currently 15.31%.

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

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.