Prosperity Consulting Group LLC Buys 2,689 Shares of NVIDIA Corporation $NVDA

Prosperity Consulting Group LLC lifted its stake in shares of NVIDIA Corporation (NASDAQ:NVDA) by 1.7% in the 1st quarter, according to the company in its most recent 13F filing with the Securities & Exchange Commission. The fund owned 164,073 shares of the computer hardware maker’s stock after purchasing an additional 2,689 shares during the period. NVIDIA accounts for 1.3% of Prosperity Consulting Group LLC’s investment portfolio, making the stock its 17th biggest holding. Prosperity Consulting Group LLC’s holdings in NVIDIA were worth $28,614,000 as of its most recent filing with the Securities & Exchange Commission.

Other hedge funds also recently modified their holdings of the company. Brighton Jones LLC increased its position in NVIDIA by 12.4% in the fourth quarter. Brighton Jones LLC now owns 324,901 shares of the computer hardware maker’s stock worth $43,631,000 after buying an additional 35,815 shares during the last quarter. Bank Pictet & Cie Europe AG lifted its position in shares of NVIDIA by 1.0% during the 4th quarter. Bank Pictet & Cie Europe AG now owns 2,346,417 shares of the computer hardware maker’s stock valued at $315,100,000 after buying an additional 22,929 shares during the last quarter. Highview Capital Management LLC DE lifted its position in shares of NVIDIA by 6.7% during the 4th quarter. Highview Capital Management LLC DE now owns 58,396 shares of the computer hardware maker’s stock valued at $7,842,000 after buying an additional 3,653 shares during the last quarter. Hudson Value Partners LLC grew its stake in shares of NVIDIA by 30.7% during the 4th quarter. Hudson Value Partners LLC now owns 50,658 shares of the computer hardware maker’s stock worth $6,805,000 after acquiring an additional 11,900 shares during the period. Finally, Wealth Group Ltd. grew its stake in shares of NVIDIA by 15.7% during the 1st quarter. Wealth Group Ltd. now owns 6,598 shares of the computer hardware maker’s stock worth $715,000 after acquiring an additional 896 shares during the period. Institutional investors own 65.27% of the company’s stock.

Analysts Set New Price Targets

A number of brokerages recently issued reports on NVDA. Truist Financial boosted their price objective on NVIDIA from $287.00 to $307.00 and gave the company a “buy” rating in a research note on Thursday, May 21st. Daiwa Securities Group increased their target price 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. Wolfe Research reiterated an “outperform” rating and issued a $275.00 price objective on shares of NVIDIA in a research note on Thursday, May 21st. Robert W. Baird set a $500.00 target price on NVIDIA and gave the company an “outperform” rating in a report on Thursday, May 21st. Finally, Deutsche Bank Aktiengesellschaft reiterated a “hold” rating and set a $255.00 price target (up from $220.00) on shares of NVIDIA in a research report on Thursday, May 21st. Three research analysts have rated the stock with a Strong Buy rating, forty-eight have assigned a Buy rating and two have assigned a Hold rating to the stock. According to data from MarketBeat.com, the company currently has a consensus rating of “Buy” and an average target price of $304.26.

NVIDIA Price Performance

NASDAQ:NVDA opened at $196.51 on Tuesday. The firm has a market capitalization of $4.76 trillion, a price-to-earnings ratio of 30.09, a P/E/G ratio of 0.40 and a beta of 2.21. NVIDIA Corporation has a 52-week low of $164.07 and a 52-week high of $236.54. The stock has a fifty day moving average of $207.34 and a 200 day moving average of $195.93. 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 earnings results on Wednesday, May 20th. The computer hardware maker reported $1.87 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 business had revenue of $81.61 billion during the quarter, compared to analysts’ expectations of $78.42 billion. During the same period in the previous year, the business earned $0.81 earnings per share. The firm’s revenue was up 85.2% on a year-over-year basis. On average, research analysts expect that NVIDIA Corporation will post 8.79 EPS for the current fiscal year.

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 given a $0.25 dividend. This represents a $1.00 annualized dividend and a dividend yield of 0.5%. This is a positive change from NVIDIA’s previous quarterly dividend of $0.01. The ex-dividend date was Thursday, June 4th. NVIDIA’s dividend payout ratio (DPR) is currently 15.31%.

NVIDIA declared that its board has approved a share buyback 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 shares through open market purchases. Shares repurchase plans are usually an indication that the company’s leadership believes its shares are undervalued.

Insider Buying and Selling

In related news, Director Stephen C. Neal sold 15,500 shares of the firm’s stock in a transaction that occurred 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 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 ownership of the stock. The sale was disclosed in a document filed with the SEC, which is available through the SEC website. Also, Director John Dabiri sold 625 shares of NVIDIA stock in a transaction that occurred on Wednesday, May 27th. The shares were sold at an average price of $214.00, for a total transaction of $133,750.00. Following the sale, the director owned 14,163 shares of the company’s stock, valued at approximately $3,030,882. The trade was a 4.23% decrease in their ownership of the stock. The SEC filing for this sale provides additional information. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Over the last three months, insiders have sold 1,901,125 shares of company stock worth $410,583,015. 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 reportedly plans to invest $5 billion in Safe Superintelligence, the AI startup founded by former OpenAI chief scientist Ilya Sutskever. The partnership would also provide SSI access to NVIDIA’s next-generation Vera Rubin systems, potentially adding a high-profile AI customer and expanding future chip demand. Reuters article
• Positive Sentiment: OpenAI is reportedly considering a data-center financing arrangement backed by NVIDIA, potentially supporting a 10-gigawatt Ohio campus. Although the structure creates risks, it also underscores NVIDIA’s central role in the AI infrastructure buildout and could support demand for its GPUs and systems. CNBC article
• Positive Sentiment: Additional business announcements included a $1 billion investment in South Korea’s NAVER, a five-year, more-than-$1.5 billion AI infrastructure contract using over 9,200 Blackwell B300 GPUs, and expanded partnerships with chip-design and engineering firms. These developments reinforce NVIDIA’s ecosystem reach and customer pipeline. Benzinga article
• Positive Sentiment: NVIDIA expanded its Agent Toolkit with PhysicsNeMo and CUDA-X libraries and helped launch an open-model AI safety alliance with more than 30 companies. The initiatives could broaden software adoption and strengthen NVIDIA’s position in autonomous engineering, chip design and AI security. NVIDIA release
• Neutral Sentiment: Analysts remain broadly constructive, citing strong Blackwell and Rubin demand, while bullish investor Dan Ives said AI demand continues to exceed supply. However, these views have not offset near-term concerns about valuation and capital intensity.
• Negative Sentiment: Investors reacted negatively to reports that NVIDIA could guarantee as much as $250 billion—and potentially participate in a far larger AI investment cycle—for OpenAI infrastructure. The scale raised renewed “circular financing” and technology-bubble concerns, with investors questioning whether AI spending is being supported by end-customer cash flows or vendor financing. MarketWatch article
• Negative Sentiment: Broader semiconductor selling, fresh Chinese chip competition and renewed comparisons with the dot-com bubble added pressure. Apple also briefly reclaimed the world’s largest-company ranking, underscoring concerns about NVIDIA’s valuation and the sustainability of AI-related spending.
• Negative Sentiment: Reported insider-trading data showed extensive NVIDIA insider selling and no open-market purchases over the past six months, a sentiment headwind even though such transactions may reflect diversification or scheduled sales.

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.