NVIDIA Corporation $NVDA Stock Holdings Raised by Sierra Summit Advisors LLC

Sierra Summit Advisors LLC increased its stake in shares of NVIDIA Corporation (NASDAQ:NVDA) by 1.9% during the 1st quarter, according to its most recent filing with the SEC. The institutional investor owned 228,269 shares of the computer hardware maker’s stock after acquiring an additional 4,310 shares during the period. NVIDIA makes up approximately 5.8% of Sierra Summit Advisors LLC’s holdings, making the stock its largest holding. Sierra Summit Advisors LLC’s holdings in NVIDIA were worth $39,810,000 at the end of the most recent reporting period.

A number of other institutional investors and hedge funds have also recently bought and sold shares of the stock. Lifetime Wealth Management P.C. purchased a new position in shares of NVIDIA in the fourth quarter valued at $26,000. Longview Financial Advisors Inc. purchased a new stake in NVIDIA during the 1st quarter worth $27,000. Longfellow Investment Management Co. LLC lifted its holdings in NVIDIA by 47.9% in the 2nd quarter. Longfellow Investment Management Co. LLC now owns 207 shares of the computer hardware maker’s stock worth $33,000 after buying an additional 67 shares in the last quarter. Inspire Investing LLC purchased a new position in NVIDIA in the 4th quarter valued at about $44,000. Finally, AlphaCentric Advisors LLC purchased a new position in NVIDIA in the 4th quarter valued at about $45,000. Hedge funds and other institutional investors own 65.27% of the company’s stock.

NVIDIA News Roundup

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.

Insider Buying and Selling

In other NVIDIA news, Director John Dabiri sold 625 shares of the 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 directly owned 14,163 shares of the company’s stock, valued at $3,030,882. This trade represents a 4.23% decrease in their ownership of the stock. The sale was disclosed in a filing with the Securities & Exchange Commission, which is available at this link. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Also, Director Stephen C. Neal sold 15,500 shares of the firm’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 owned 116,135 shares in the company, valued at $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 a total of 1,901,125 shares of company stock worth $410,583,015 in the last three months. 3.94% of the stock is owned by insiders.

Analysts Set New Price Targets

NVDA has been the topic of several recent analyst reports. Barclays reiterated an “overweight” rating on shares of NVIDIA in a research note on Thursday, May 21st. Wells Fargo & Company reaffirmed an “overweight” rating and issued a $315.00 target price (up from $265.00) on shares of NVIDIA in a research report on Tuesday, May 12th. Citic Securities increased their target price on NVIDIA from $242.00 to $315.00 and gave the company a “buy” rating in a research note on Friday, May 22nd. Daiwa Securities Group raised their price target on shares of NVIDIA from $215.00 to $255.00 and gave the stock an “outperform” rating in a research report on Friday, May 22nd. Finally, Raymond James Financial restated a “strong-buy” rating and issued a $330.00 price target on shares of NVIDIA in a research note on Thursday, May 21st. Three analysts have rated the stock with a Strong Buy rating, forty-eight have given a Buy rating and three have given a Hold rating to the company’s stock. According to data from MarketBeat.com, NVIDIA has a consensus rating of “Buy” and an average price target of $303.84.

NVIDIA Stock Performance

NASDAQ NVDA opened at $210.96 on Monday. 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 Corporation has a one year low of $162.02 and a one year high of $236.54. The company has a 50-day simple moving average of $209.48 and a 200-day simple moving average of $194.49. The firm has a market capitalization of $5.11 trillion, a PE ratio of 32.31, a price-to-earnings-growth ratio of 0.46 and a beta of 2.21.

NVIDIA (NASDAQ:NVDA) last issued its earnings results on Wednesday, May 20th. The computer hardware maker reported $1.87 EPS for the quarter, beating analysts’ consensus estimates of $1.76 by $0.11. The company had revenue of $81.61 billion during the quarter, compared to the consensus estimate of $78.42 billion. NVIDIA had a return on equity of 96.94% and a net margin of 62.97%.NVIDIA’s quarterly revenue was up 85.2% compared to the same quarter last year. During the same period in the previous year, the firm posted $0.81 earnings per share. On average, equities analysts forecast that NVIDIA Corporation will post 8.8 earnings per share for the current year.

NVIDIA announced that its Board of Directors has approved a stock repurchase plan on Wednesday, May 20th that permits the company to repurchase $80.00 billion in outstanding shares. This repurchase authorization permits the computer hardware maker to reacquire up to 1.5% of its stock through open market purchases. Stock repurchase plans are typically a sign that the company’s management believes its shares are undervalued.

NVIDIA Increases Dividend

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

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.