Garrett Wealth Advisory Group LLC Increases Stock Position in NVIDIA Corporation $NVDA

Garrett Wealth Advisory Group LLC raised its position in shares of NVIDIA Corporation (NASDAQ:NVDA) by 62.2% in the 4th quarter, HoldingsChannel.com reports. The institutional investor owned 16,616 shares of the computer hardware maker’s stock after purchasing an additional 6,372 shares during the period. NVIDIA comprises about 0.6% of Garrett Wealth Advisory Group LLC’s investment portfolio, making the stock its 21st largest position. Garrett Wealth Advisory Group LLC’s holdings in NVIDIA were worth $3,099,000 as of its most recent filing with the Securities and Exchange Commission.

Several other institutional investors and hedge funds have also added to or reduced their stakes in the company. Dogwood Wealth Management LLC lifted its position in NVIDIA by 5.7% during the fourth quarter. Dogwood Wealth Management LLC now owns 15,869 shares of the computer hardware maker’s stock valued at $2,960,000 after buying an additional 857 shares during the period. Nan Fung Trinity HK Ltd. lifted its position in NVIDIA by 18.7% during the fourth quarter. Nan Fung Trinity HK Ltd. now owns 194,640 shares of the computer hardware maker’s stock valued at $36,300,000 after buying an additional 30,600 shares during the period. NWM Advisors LLC purchased a new position in NVIDIA during the fourth quarter valued at $4,671,000. Bensler LLC lifted its position in NVIDIA by 0.3% during the fourth quarter. Bensler LLC now owns 279,261 shares of the computer hardware maker’s stock valued at $52,082,000 after buying an additional 901 shares during the period. Finally, Ebert Capital Management Inc. purchased a new position in NVIDIA during the fourth quarter valued at $20,339,000. Hedge funds and other institutional investors own 65.27% of the company’s stock.

Insiders Place Their Bets

In other NVIDIA news, Director Aarti S. Shah sold 19,000 shares of the business’s stock in a transaction dated Thursday, March 19th. The stock was sold at an average price of $176.71, for a total value of $3,357,490.00. Following the completion of the transaction, the director owned 36,007 shares of the company’s stock, valued at approximately $6,362,796.97. The trade was a 34.54% decrease in their position. The sale was disclosed in a filing with the Securities & Exchange Commission, which can be accessed through this hyperlink. Also, Director John Dabiri sold 3,004 shares of the business’s stock in a transaction dated Friday, March 13th. The stock was sold at an average price of $184.90, for a total value of $555,439.60. Following the completion of the transaction, the director directly owned 14,788 shares of the company’s stock, valued at approximately $2,734,301.20. This trade represents a 16.88% decrease in their position. Additional details regarding this sale are available in the official SEC disclosure. Insiders have sold 906,961 shares of company stock worth $162,936,268 in the last quarter. Insiders own 3.94% of the company’s stock.

More NVIDIA News

Here are the key news stories impacting NVIDIA this week:

• Positive Sentiment: NVIDIA unveiled its RTX Spark PC superchip and a broader push into AI PCs with partners like Microsoft, Dell, HP, and Lenovo, opening a new market beyond data centers and pressuring Intel, AMD, and Qualcomm. Nvidia’s new chip to power fresh line of Windows laptops by Dell, HP
• Positive Sentiment: The company also launched Vera Rubin, Vera CPU, and the DSX AI-factory platform, signaling stronger long-term demand for its chips, networking, software, and infrastructure tools. NVIDIA Vera Rubin ramps into full production
• Positive Sentiment: CEO Jensen Huang’s comments boosted the AI ecosystem around NVIDIA, with Marvell, Arm, and several infrastructure partners rallying on his endorsements and product roadmap. Nvidia’s Jensen Huang says Marvell could be the next trillion-dollar company
• Positive Sentiment: Needham reaffirmed a Buy rating and raised its price target to $270, adding to a generally bullish analyst backdrop for NVDA. Benzinga report on Needham rating
• Neutral Sentiment: Some articles noted that NVDA has been consolidating near highs and that a near-term pullback is possible after the recent run, even though the longer-term thesis remains intact.
• Negative Sentiment: There were also reminders of risks, including U.S.-China export scrutiny, Chinese efforts to build alternatives, and reports of insider selling, which could temper enthusiasm around the stock.

NVIDIA Price Performance

NVDA opened at $222.82 on Wednesday. The stock has a 50-day moving average price of $200.19 and a 200-day moving average price of $189.85. The company has a debt-to-equity ratio of 0.04, a current ratio of 3.44 and a quick ratio of 2.85. The firm has a market cap of $5.39 trillion, a PE ratio of 34.12, a P/E/G ratio of 0.54 and a beta of 2.22. NVIDIA Corporation has a 1 year low of $137.95 and a 1 year high of $236.54.

NVIDIA (NASDAQ:NVDA) last posted its quarterly earnings results 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. NVIDIA had a return on equity of 96.94% and a net margin of 62.97%.The firm had revenue of $81.62 billion during the quarter, compared to analyst estimates of $78.42 billion. During the same quarter in the previous year, the firm earned $0.81 EPS. NVIDIA’s quarterly revenue was up 85.2% compared to the same quarter last year. Sell-side analysts predict that NVIDIA Corporation will post 8.04 earnings per share for the current fiscal year.

NVIDIA declared that its Board of Directors has authorized a share buyback 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 reacquire up to 1.5% of its shares through open market purchases. Shares repurchase programs are generally an indication that the company’s board believes its shares are undervalued.

NVIDIA Increases Dividend

The firm also recently announced a quarterly dividend, which will be paid on Friday, June 26th. Shareholders of record on Thursday, June 4th will be given a $0.25 dividend. This is a positive change from NVIDIA’s previous quarterly dividend of $0.01. The ex-dividend date of this dividend is Thursday, June 4th. This represents a $1.00 dividend on an annualized basis and a yield of 0.4%. NVIDIA’s payout ratio is presently 0.61%.

Analysts Set New Price Targets

NVDA has been the subject of several recent research reports. Barclays reissued an “overweight” rating on shares of NVIDIA in a research report on Thursday, May 21st. New Street Research lowered their price objective on NVIDIA from $343.00 to $340.00 in a research report on Thursday, May 21st. Jefferies Financial Group reaffirmed 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. Wolfe Research reaffirmed an “outperform” rating and issued a $275.00 price target on shares of NVIDIA in a research report on Thursday, May 21st. Finally, KeyCorp set a $310.00 price target on NVIDIA and gave the stock an “overweight” rating in a research report on Thursday, May 21st. Three research analysts have rated the stock with a Strong Buy rating, forty-seven have given a Buy rating and three have given a Hold rating to the company. According to data from MarketBeat, the stock currently has a consensus rating of “Buy” and an average price target of $305.38.

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.