Spartan Wealth Advisory Services LLC Buys Shares of 236,712 NVIDIA Corporation $NVDA

Spartan Wealth Advisory Services LLC acquired a new position in NVIDIA Corporation (NASDAQ:NVDA) during the first quarter, HoldingsChannel.com reports. The institutional investor acquired 236,712 shares of the computer hardware maker’s stock, valued at approximately $41,283,000. NVIDIA comprises 3.6% of Spartan Wealth Advisory Services LLC’s investment portfolio, making the stock its 4th biggest holding.

A number of other hedge funds also recently made changes to their positions in the business. Lifetime Wealth Management P.C. acquired a new position in shares of NVIDIA during the fourth quarter valued at $26,000. Longview Financial Advisors Inc. bought a new stake in shares of NVIDIA during the 1st quarter worth about $27,000. Longfellow Investment Management Co. LLC lifted its stake in shares of 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 acquiring an additional 67 shares during the period. Spurstone Advisory Services LLC acquired a new stake in shares of NVIDIA in the 2nd quarter worth approximately $40,000. Finally, Inspire Investing LLC bought a new position in shares of NVIDIA in the fourth quarter valued at approximately $44,000. Institutional investors own 65.27% of the company’s stock.

Insider Activity

In related news, Director Mark A. Stevens sold 885,000 shares of the company’s stock in a transaction that occurred on Thursday, June 18th. The shares were sold at an average price of $210.17, for a total value of $186,000,450.00. Following the completion of the sale, the director owned 5,207,271 shares in the company, valued at approximately $1,094,412,146.07. This represents a 14.53% decrease in their position. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which can be accessed through the SEC website. Also, Director John Dabiri sold 625 shares of the firm’s stock in a transaction that occurred on Wednesday, May 27th. The stock was sold at an average price of $214.00, for a total transaction of $133,750.00. Following the completion of the transaction, the director directly owned 14,163 shares of the company’s stock, valued at $3,030,882. This represents a 4.23% decrease in their position. Additional details regarding this sale are available in the official SEC disclosure. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Insiders have sold 1,901,125 shares of company stock worth $410,583,015 over the last 90 days. 3.94% of the stock is owned by company insiders.

Analysts Set New Price Targets

Several equities research analysts recently commented on the company. Deutsche Bank Aktiengesellschaft reissued a “hold” rating and set a $255.00 target price (up from $220.00) on shares of NVIDIA in a report on Thursday, May 21st. BNP Paribas Exane upped their price objective on NVIDIA from $270.00 to $285.00 and gave the company an “outperform” rating in a report on Thursday, May 21st. Raymond James Financial reaffirmed a “strong-buy” rating and set a $330.00 target price on shares of NVIDIA in a research note on Thursday, May 21st. William Blair reiterated an “outperform” rating on shares of NVIDIA in a research report on Tuesday, June 2nd. Finally, Jefferies Financial Group reiterated a “buy” rating and issued a $300.00 price target (up from $275.00) on shares of NVIDIA in a research report on Thursday, May 21st. Three equities research analysts have rated the stock with a Strong Buy rating, forty-eight have issued a Buy rating and two have assigned a Hold rating to the company. According to MarketBeat.com, the stock currently has an average rating of “Buy” and a consensus price target of $304.26.

NVIDIA Stock Up 2.6%

Shares of NVIDIA stock opened at $195.04 on Friday. NVIDIA Corporation has a 12-month low of $164.07 and a 12-month high of $236.54. The firm has a market capitalization of $4.72 trillion, a PE ratio of 29.87, a price-to-earnings-growth ratio of 0.37 and a beta of 2.21. The company has a quick ratio of 2.85, a current ratio of 3.44 and a debt-to-equity ratio of 0.04. The stock’s fifty day moving average is $205.71 and its 200-day moving average is $196.09.

NVIDIA (NASDAQ:NVDA) last issued 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. The firm had revenue of $81.61 billion for the quarter, compared to analysts’ expectations of $78.42 billion. NVIDIA had a return on equity of 96.94% and a net margin of 62.97%.NVIDIA’s revenue was up 85.2% on a year-over-year basis. During the same quarter last year, the business posted $0.81 EPS. Equities analysts anticipate that NVIDIA Corporation will post 8.79 earnings per share for the current year.

NVIDIA announced that its Board of Directors has initiated a stock repurchase program on Wednesday, May 20th that allows the company to repurchase $80.00 billion in shares. This repurchase authorization allows the computer hardware maker to purchase up to 1.5% of its shares through open market purchases. Shares repurchase programs are generally an indication that the company’s management believes its shares are undervalued.

NVIDIA Increases Dividend

The company 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. This represents a $1.00 annualized dividend and a dividend yield of 0.5%. This is an increase from NVIDIA’s previous quarterly dividend of $0.01. The ex-dividend date of this dividend was Thursday, June 4th. NVIDIA’s payout ratio is 15.31%.

Key Headlines Impacting NVIDIA

Here are the key news stories impacting NVIDIA this week:

• Positive Sentiment: Strong results from Microsoft, particularly in Azure and Copilot, renewed expectations that hyperscalers will continue spending heavily on AI data centers—a key demand driver for NVIDIA’s accelerators and networking products. Why Nvidia stock is rebounding after Big Tech earnings
• Positive Sentiment: Analysts and commentators remain bullish on the AI spending cycle. Wolfe Research’s Chris Caso argued that semiconductor oversupply is unlikely before 2028, while multiple analysts maintain targets well above the current trading level. Top chip analyst on semiconductor oversupply
• Positive Sentiment: NVIDIA’s reported connection to Hut 8’s planned $19.6 billion Texas AI data-center lease highlights potential future demand for NVIDIA-powered infrastructure, although the headline value depends partly on future renewal options. NVIDIA linked to Hut 8 AI data center lease
• Neutral Sentiment: NVIDIA scheduled its fiscal 2027 second-quarter results call for August 26. The event is the next major catalyst, with investors focused on revenue growth, guidance and evidence that customer AI capital expenditures remain sustainable. NVIDIA schedules second-quarter financial results call
• Negative Sentiment: Investors continue to debate “circular financing” and credit risks in AI infrastructure. NVIDIA’s proposed OpenAI credit backstop and exposure to highly leveraged AI-cloud customers have raised concerns that a financing problem could weaken demand or increase customer risk. NVIDIA’s OpenAI backstop and AI financing risk
• Negative Sentiment: Investor Michael Burry reportedly increased his short positions in NVIDIA and Micron, reinforcing bearish arguments that AI-related valuations and infrastructure deals have become excessive. Ongoing insider selling and a recent congressional sale add to the caution, though they are not necessarily company-specific signals. Michael Burry adds to NVIDIA and Micron short positions

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.