Harborfront Financial Group LLC Takes $597,000 Position in NVIDIA Corporation $NVDA

Harborfront Financial Group LLC purchased a new stake in shares of NVIDIA Corporation (NASDAQ:NVDA) in the 4th quarter, according to its most recent 13F filing with the Securities & Exchange Commission. The firm purchased 3,202 shares of the computer hardware maker’s stock, valued at approximately $597,000. NVIDIA makes up approximately 4.4% of Harborfront Financial Group LLC’s portfolio, making the stock its 7th biggest position.

Other institutional investors and hedge funds have also recently modified their holdings of the company. Longfellow Investment Management Co. LLC increased its holdings in shares of NVIDIA by 47.9% during the second quarter. Longfellow Investment Management Co. LLC now owns 207 shares of the computer hardware maker’s stock valued at $33,000 after acquiring an additional 67 shares in the last quarter. Spurstone Advisory Services LLC bought a new position in shares of NVIDIA during the second quarter valued at $40,000. AlphaCentric Advisors LLC bought a new position in shares of NVIDIA during the fourth quarter valued at $45,000. Syntax Research Inc. increased its holdings in shares of NVIDIA by 62.5% during the fourth quarter. Syntax Research Inc. now owns 260 shares of the computer hardware maker’s stock valued at $49,000 after acquiring an additional 100 shares in the last quarter. Finally, Networth Advisors LLC bought a new position in shares of NVIDIA during the fourth quarter valued at $51,000. 65.27% of the stock is currently owned by institutional investors.

Insider Activity

In other news, Director Mark A. Stevens sold 500,000 shares of the business’s stock in a transaction on Thursday, June 4th. The shares were sold at an average price of $219.83, for a total transaction of $109,915,000.00. Following the completion of the sale, the director owned 6,399,771 shares of the company’s stock, valued at $1,406,861,658.93. The trade was a 7.25% decrease in their position. The sale was disclosed in a legal filing with the SEC, which is available at this link. Also, Director Aarti S. Shah sold 19,000 shares of the business’s stock in a transaction on Thursday, March 19th. The shares were sold at an average price of $176.71, for a total transaction of $3,357,490.00. Following the sale, the director directly 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. Additional details regarding this sale are available in the official SEC disclosure. Over the last 90 days, insiders have sold 1,319,457 shares of company stock worth $277,398,643. Company insiders own 3.94% of the company’s stock.

NVIDIA Trading Down 2.4%

NVIDIA stock opened at $207.41 on Wednesday. The business has a 50-day simple moving average of $208.14 and a two-hundred day simple moving average of $191.84. The company has a market cap of $5.02 trillion, a P/E ratio of 31.76, a P/E/G ratio of 0.47 and a beta of 2.22. NVIDIA Corporation has a 52-week low of $142.03 and a 52-week high of $236.54. The company has a quick ratio of 2.85, a current ratio of 3.44 and a debt-to-equity ratio of 0.04.

NVIDIA (NASDAQ:NVDA) last released its quarterly earnings results on Wednesday, May 20th. The computer hardware maker reported $1.87 earnings per share (EPS) for the quarter, beating analysts’ consensus estimates of $1.76 by $0.11. The business had revenue of $81.62 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%.The business’s quarterly revenue was up 85.2% compared to the same quarter last year. During the same period in the previous year, the company posted $0.81 EPS. Analysts predict that NVIDIA Corporation will post 8.65 EPS for the current year.

NVIDIA declared that its board has authorized a share buyback plan on Wednesday, May 20th that authorizes the company to buyback $80.00 billion in outstanding shares. This buyback authorization authorizes the computer hardware maker to purchase up to 1.5% of its shares through open market purchases. Shares buyback plans are generally an indication that the company’s leadership believes its shares are undervalued.

NVIDIA Increases Dividend

The firm also recently disclosed a quarterly dividend, which will be paid on Friday, June 26th. Stockholders of record on Thursday, June 4th will be given a dividend of $0.25 per share. This represents a $1.00 dividend on an annualized basis and a dividend yield of 0.5%. The ex-dividend date of this dividend is Thursday, June 4th. This is a positive change from NVIDIA’s previous quarterly dividend of $0.01. NVIDIA’s payout ratio is presently 15.31%.

Analyst Upgrades and Downgrades

NVDA has been the subject of several analyst reports. Barclays restated an “overweight” rating on shares of NVIDIA in a report on Thursday, May 21st. Argus lifted their price objective on NVIDIA from $220.00 to $270.00 and gave the stock a “buy” rating in a report on Thursday, May 21st. Sanford C. Bernstein reiterated a “buy” rating on shares of NVIDIA in a report on Monday, June 8th. Melius Research set a $400.00 price objective on NVIDIA in a report on Thursday, May 21st. Finally, Seaport Research Partners lifted their price objective on NVIDIA from $140.00 to $180.00 and gave the stock a “sell” rating in a report on Thursday, May 21st. Three equities research analysts have rated the stock with a Strong Buy rating, forty-eight have assigned a Buy rating and three have given a Hold rating to the stock. According to data from MarketBeat.com, the stock has an average rating of “Buy” and an average target price of $305.67.

NVIDIA News Summary

Here are the key news stories impacting NVIDIA this week:

• Positive Sentiment: NVIDIA landed new AI infrastructure deals in South Korea, reinforcing that global demand for its hardware and networking stack remains strong. Nvidia Corp (NVDA) Lands AI Infrastructure Deals in South Korea
• Positive Sentiment: HPE announced new agentic AI offerings built with NVIDIA, another sign that enterprises continue adopting NVIDIA’s ecosystem for production AI deployments. HPE Brings Agentic AI Into Production With NVIDIA, Delivering Security, Governance, Scale, and Sovereignty
• Positive Sentiment: Analysts and market commentary continue to point to upside for NVIDIA, citing strong AI demand and the company’s central role in the cloud buildout. As Demand Continues To Grow, Nvidia (NVDA) Has 46% Upside According To Analysts
• Positive Sentiment: NVIDIA’s return to the bond market is being read as a way to fund a massive AI buildout, and investors are treating that as a signal the company still sees major demand ahead. Nvidia to raise $20 billion, source says, in first corporate bond issuance in five years
• Positive Sentiment: Market coverage says NVIDIA regained the $5 trillion valuation level as chip stocks rallied, underscoring continued investor enthusiasm for the AI trade. 3 Stocks Diluting Shareholders to Fund Big Long-Term Opportunities (NVDA)
• Neutral Sentiment: Jefferies commentary on NVIDIA appears to be part of the ongoing analyst debate around how much upside remains after the stock’s huge AI-driven run. Here’s What Jefferies Thinks About NVIDIA Corporation (NVDA)
• Negative Sentiment: NVIDIA’s new bond sale also raises debt and dilution-style concerns for some investors, especially after years of funding growth largely from operating cash flow. Nvidia Stock: How the Chip Maker Is Trading Today
• Negative Sentiment: Some articles also highlight rising competition and skepticism that AI stocks are getting overheated, which can cap gains even when sentiment is broadly bullish. Why AI investor Aschenbrenner is shorting Nvidia, buying HIVE

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.