NVIDIA Corporation $NVDA is New World Advisors LLC’s 4th Largest Position

New World Advisors LLC reduced its stake in NVIDIA Corporation (NASDAQ:NVDA) by 10.8% during the 1st quarter, Holdings Channel reports. The fund owned 38,765 shares of the computer hardware maker’s stock after selling 4,715 shares during the period. NVIDIA comprises about 1.2% of New World Advisors LLC’s portfolio, making the stock its 4th biggest position. New World Advisors LLC’s holdings in NVIDIA were worth $6,761,000 as of its most recent SEC filing.

A number of other large investors have also made changes to their positions in NVDA. Elevation Point Wealth Partners LLC increased its stake in NVIDIA by 125.3% in the first quarter. Elevation Point Wealth Partners LLC now owns 499,727 shares of the computer hardware maker’s stock valued at $87,156,000 after purchasing an additional 277,903 shares during the last quarter. Sharp Wealth Advisory LLC boosted its stake in NVIDIA by 14.6% in the 1st quarter. Sharp Wealth Advisory LLC now owns 14,532 shares of the computer hardware maker’s stock worth $2,534,000 after buying an additional 1,846 shares during the last quarter. Platform Technology Partners grew its holdings in NVIDIA by 11.5% in the 1st quarter. Platform Technology Partners now owns 130,662 shares of the computer hardware maker’s stock valued at $22,787,000 after buying an additional 13,458 shares during the period. DSG Capital Advisors LLC increased its stake in shares of NVIDIA by 2.5% during the 1st quarter. DSG Capital Advisors LLC now owns 120,520 shares of the computer hardware maker’s stock valued at $21,019,000 after acquiring an additional 2,972 shares during the last quarter. Finally, Sound Income Strategies LLC lifted its holdings in shares of NVIDIA by 5.1% during the 1st quarter. Sound Income Strategies LLC now owns 83,817 shares of the computer hardware maker’s stock worth $14,731,000 after acquiring an additional 4,055 shares during the period. Institutional investors and hedge funds own 65.27% of the company’s stock.

Insider Activity

In other NVIDIA news, Director Mark A. Stevens sold 885,000 shares of the company’s stock in a transaction that occurred on Thursday, June 18th. The stock was sold at an average price of $210.17, for a total value of $186,000,450.00. Following the completion of the transaction, the director owned 5,207,271 shares in the company, valued at $1,094,412,146.07. This represents a 14.53% decrease in their position. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is available through the SEC website. Also, Director Stephen C. Neal sold 15,500 shares of the stock in a transaction that occurred 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 directly owned 116,135 shares of the company’s stock, valued at $25,053,803.55. This trade represents a 11.77% decrease in their position. Additional details regarding this sale are available in the official SEC disclosure. Over the last quarter, insiders sold 1,901,125 shares of company stock worth $410,583,015. 3.94% of the stock is currently owned by corporate insiders.

Analyst Ratings Changes

A number of research firms recently issued reports on NVDA. Barclays reaffirmed an “overweight” rating on shares of NVIDIA in a research report on Thursday, May 21st. William Blair reissued an “outperform” rating on shares of NVIDIA in a research note on Tuesday, June 2nd. UBS Group upped their price objective on NVIDIA from $275.00 to $280.00 and gave the stock a “buy” rating in a report on Thursday, May 21st. Wall Street Zen lowered NVIDIA from a “strong-buy” rating to a “buy” rating in a research report on Saturday, July 4th. Finally, Truist Financial lifted their target price on NVIDIA from $287.00 to $307.00 and gave the company a “buy” rating in a report on Thursday, May 21st. Three investment analysts have rated the stock with a Strong Buy rating, forty-eight have given a Buy rating and three have issued a Hold rating to the stock. According to data from MarketBeat.com, the company presently has a consensus rating of “Buy” and a consensus price target of $303.84.

NVIDIA Stock Performance

Shares of NVDA stock opened at $210.96 on Monday. The company’s fifty day simple moving average is $209.48 and its 200-day simple moving average is $194.49. NVIDIA Corporation has a 52 week low of $162.02 and a 52 week 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 company has a market cap of $5.11 trillion, a PE ratio of 32.31, a P/E/G ratio of 0.46 and a beta of 2.21.

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

NVIDIA announced that its board has initiated a stock buyback program on Wednesday, May 20th that permits the company to buyback $80.00 billion in outstanding shares. This buyback authorization permits the computer hardware maker to buy up to 1.5% of its shares through open market purchases. Shares buyback programs are often a sign that the company’s board of directors believes its stock is undervalued.

NVIDIA Increases Dividend

The business also recently announced a quarterly dividend, which was paid on Friday, June 26th. Stockholders of record on Thursday, June 4th were given a $0.25 dividend. The ex-dividend date of this dividend was 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 dividend yield of 0.5%. NVIDIA’s dividend payout ratio (DPR) is currently 15.31%.

More NVIDIA News

Here are the key news stories impacting NVIDIA this week:

• Positive Sentiment: Analysts and commentators said NVDA’s lower valuation and dominant position in AI spending could make recent weakness a buying opportunity, with Bank of America and others highlighting strong long-term upside.
• Positive Sentiment: Reuters reported that Nvidia supplier King Yuan Electronics plans to invest up to $1.4 billion in a U.S. facility, reinforcing the scale of the AI hardware supply chain and ongoing buildout around NVIDIA. Article Title
• Positive Sentiment: NVIDIA also announced a partnership with Fervo to launch an EGS-Twin geothermal platform, adding another AI-related ecosystem collaboration that investors may view as supportive of future growth. Article Title
• Positive Sentiment: Coverage around Nvidia’s strong Q1 results and the company’s upbeat revenue guidance near $91 billion for the next quarter continues to underline that AI demand is still running hot.
• Neutral Sentiment: Media and trading activity around NVDA remains elevated, including options-flow commentary, “most watched” stock chatter, and repeated articles on its AI leadership, which can keep the shares volatile but do not change fundamentals on their own.
• Negative Sentiment: Some reports noted pressure from customers and competitors building in-house AI chips, and there was also discussion of a possible delay to NVIDIA’s next-gen Kyber rack-scale architecture, both of which could raise investor concerns about future margins and timing.

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.