NVIDIA Corporation $NVDA Shares Bought by iA Global Asset Management Inc.

iA Global Asset Management Inc. boosted its position in NVIDIA Corporation (NASDAQ:NVDA) by 3.8% during the 1st quarter, HoldingsChannel reports. The firm owned 2,934,317 shares of the computer hardware maker’s stock after buying an additional 108,020 shares during the quarter. NVIDIA makes up about 7.3% of iA Global Asset Management Inc.’s investment portfolio, making the stock its largest position. iA Global Asset Management Inc.’s holdings in NVIDIA were worth $511,745,000 at the end of the most recent reporting period.

Several other large investors also recently made changes to their positions in NVDA. State Street Corp raised its position in shares of NVIDIA by 1.2% during the 4th quarter. State Street Corp now owns 991,480,489 shares of the computer hardware maker’s stock worth $184,911,111,000 after buying an additional 11,451,386 shares in the last quarter. Geode Capital Management LLC boosted its holdings in shares of NVIDIA by 0.6% in the fourth quarter. Geode Capital Management LLC now owns 588,803,093 shares of the computer hardware maker’s stock valued at $109,446,217,000 after acquiring an additional 3,383,441 shares in the last quarter. Norges Bank acquired a new position in shares of NVIDIA during the fourth quarter valued at approximately $62,244,133,000. Bank of America Corp DE increased its stake in shares of NVIDIA by 1.5% during the fourth quarter. Bank of America Corp DE now owns 187,181,484 shares of the computer hardware maker’s stock valued at $34,909,347,000 after acquiring an additional 2,849,678 shares during the period. Finally, Legal & General Group Plc lifted its position in NVIDIA by 1.5% in the third quarter. Legal & General Group Plc now owns 181,203,035 shares of the computer hardware maker’s stock worth $33,808,862,000 after purchasing an additional 2,609,560 shares during the period. Institutional investors and hedge funds own 65.27% of the company’s stock.

Analyst Upgrades and Downgrades

A number of brokerages have weighed in on NVDA. Evercore reissued an “outperform” rating and issued a $413.00 price target (up from $352.00) on shares of NVIDIA in a report on Thursday, May 21st. Tigress Financial reissued a “strong-buy” rating and issued a $425.00 price objective (up from $360.00) on shares of NVIDIA in a research note on Wednesday, May 27th. Morgan Stanley set a $288.00 target price on shares of NVIDIA and gave the company an “overweight” rating in a research note on Thursday, May 21st. Raymond James Financial reiterated a “strong-buy” rating and set a $330.00 price target on shares of NVIDIA in a report on Thursday, May 21st. Finally, Susquehanna restated a “positive” rating and issued a $275.00 price objective (up from $250.00) on shares of NVIDIA in a report on Tuesday, May 12th. Three analysts have rated the stock with a Strong Buy rating, forty-eight have issued a Buy rating and three have given a Hold rating to the company’s stock. Based on data from MarketBeat.com, the stock currently has an average rating of “Buy” and an average price target of $303.84.

Insider Buying and Selling

In other NVIDIA news, Director Mark A. Stevens sold 885,000 shares of the stock in a transaction on Thursday, June 18th. The stock was sold at an average price of $210.17, for a total transaction of $186,000,450.00. Following the completion of the transaction, the director directly owned 5,207,271 shares in the company, valued at $1,094,412,146.07. This represents a 14.53% decrease in their ownership of the stock. The transaction was disclosed in a legal filing with the SEC, which can be accessed through this link. Also, Director Stephen C. Neal sold 15,500 shares of NVIDIA 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 transaction, the director directly owned 116,135 shares of the company’s stock, valued at approximately $25,053,803.55. The trade was a 11.77% decrease in their ownership of the stock. The SEC filing for this sale provides additional information. Insiders sold 1,901,125 shares of company stock worth $410,583,015 in the last 90 days. 3.94% of the stock is owned by company insiders.

NVIDIA Price Performance

NASDAQ NVDA opened at $204.12 on Thursday. The stock has a 50-day simple moving average of $209.66 and a 200 day simple moving average of $194.15. NVIDIA Corporation has a twelve month low of $161.16 and a twelve month high of $236.54. The stock has a market capitalization of $4.94 trillion, a PE ratio of 31.26, a P/E/G ratio of 0.44 and a beta of 2.21. The company has a debt-to-equity ratio of 0.04, a quick ratio of 2.85 and a current ratio of 3.44.

NVIDIA (NASDAQ:NVDA) last posted its quarterly earnings data on Wednesday, May 20th. The computer hardware maker reported $1.87 earnings per share (EPS) for the quarter, topping the consensus estimate of $1.76 by $0.11. The company had revenue of $81.61 billion for the quarter, compared to the consensus estimate of $78.42 billion. NVIDIA had a net margin of 62.97% and a return on equity of 96.94%. The business’s revenue was up 85.2% compared to the same quarter last year. During the same quarter in the previous year, the firm posted $0.81 EPS. Research analysts anticipate that NVIDIA Corporation will post 8.69 EPS for the current year.

NVIDIA Increases Dividend

The business also recently announced a quarterly dividend, which was paid on Friday, June 26th. Investors of record on Thursday, June 4th were given a dividend of $0.25 per share. This is a boost from NVIDIA’s previous quarterly dividend of $0.01. The ex-dividend date was Thursday, June 4th. This represents a $1.00 annualized dividend and a dividend yield of 0.5%. NVIDIA’s dividend payout ratio is 15.31%.

NVIDIA declared that its Board of Directors has initiated a stock repurchase 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 purchase up to 1.5% of its shares through open market purchases. Shares buyback plans are often a sign that the company’s leadership believes its stock is undervalued.

Key Headlines Impacting NVIDIA

Here are the key news stories impacting NVIDIA this week:

• Positive Sentiment: Bank of America reaffirmed its bullish stance, saying NVIDIA remains a top AI stock and could keep a 65% to 70%+ share of AI capital spending. Article Title
• Positive Sentiment: Multiple reports frame NVDA as a value opportunity after its selloff, with analysts citing a cheaper valuation despite record revenue and strong long-term AI demand. Article Title
• Neutral Sentiment: China may allow limited purchases of NVIDIA H200 chips by major AI firms, which could support sales but would likely be tightly capped. Article Title
• Negative Sentiment: Reports that DeepSeek is developing its own AI chip revived concerns that large customers are trying to reduce dependence on NVIDIA hardware. Article Title
• Negative Sentiment: Speculation that NVIDIA’s Kyber rack-scale system could be delayed has pressured sentiment, even though the company publicly denied a delay. Article Title

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.