Payden & Rygel Acquires 26,170 Shares of NVIDIA Corporation $NVDA

Payden & Rygel boosted its holdings in NVIDIA Corporation (NASDAQ:NVDA) by 78.1% during the 4th quarter, Holdings Channel.com reports. The fund owned 59,670 shares of the computer hardware maker’s stock after purchasing an additional 26,170 shares during the quarter. Payden & Rygel’s holdings in NVIDIA were worth $11,128,000 as of its most recent SEC filing.

A number of other institutional investors have also added to or reduced their stakes in the company. Gambit Capital Management LLC purchased a new stake in NVIDIA in the 4th quarter valued at about $1,395,000. Yanni & Associates Investment Advisors LLC purchased a new position in shares of NVIDIA in the 4th quarter worth approximately $299,000. Verde Capital Management boosted its stake in shares of NVIDIA by 13.5% in the 4th quarter. Verde Capital Management now owns 56,201 shares of the computer hardware maker’s stock worth $10,481,000 after buying an additional 6,706 shares during the last quarter. Evergreen Wealth Management LLC boosted its stake in shares of NVIDIA by 2.6% in the 4th quarter. Evergreen Wealth Management LLC now owns 10,528 shares of the computer hardware maker’s stock worth $1,963,000 after buying an additional 267 shares during the last quarter. Finally, Aerodigm Wealth LLC boosted its stake in shares of NVIDIA by 65.0% in the 4th quarter. Aerodigm Wealth LLC now owns 12,543 shares of the computer hardware maker’s stock worth $2,339,000 after buying an additional 4,940 shares during the last quarter. 65.27% of the stock is owned by institutional investors.

Trending Headlines about NVIDIA

Here are the key news stories impacting NVIDIA this week:

• Positive Sentiment: NVIDIA continues to win bullish analyst coverage, with firms like China Renaissance and KeyBanc reiterating optimistic views and high price targets, reinforcing expectations for further upside. China Renaissance rating update
• Positive Sentiment: NVIDIA’s ecosystem is expanding, including a major AI partnership with Taiwan Semiconductor and new collaborations across software, memory, and connectivity, which supports future demand for its AI platforms. Taiwan Semiconductor Manufacturing Signs Major AI Deal With Nvidia
• Positive Sentiment: Jensen Huang’s trip to South Korea has highlighted new growth avenues, including robotics and deeper supplier relationships, adding to NVIDIA’s long-term growth narrative. Nvidia CEO sees robotics as next major sector in South Korea
• Positive Sentiment: Recent commentary says NVIDIA’s Blackwell ramp, CUDA software moat, and AI inference exposure keep the growth story strong, helping investors view pullbacks as buyable. Analyst Picks NVIDIA Over Every Other AI Chip Stock Right Now
• Positive Sentiment: The company’s new PC chip push and RTX Spark product could open another growth lane beyond data centers, even if the market is still digesting the near-term implications. Nvidia’s PC Chip Reveal Obscures a Bigger Catalyst for the Stock
• Neutral Sentiment: NVIDIA recently reported strong quarterly results, beat revenue and EPS estimates, and authorized an $80 billion buyback plus a much larger dividend, but those positives are already well known and may be partly priced in. NVIDIA insider trades report
• Negative Sentiment: Broad semiconductor weakness and softer risk appetite after strong jobs data have pressured AI chip stocks, with investors questioning whether the sector’s valuation has gotten ahead of fundamentals. Nvidia stock crashes another 3% today: why Computex failed to spark a rally
• Negative Sentiment: Senator Elizabeth Warren’s invitation for Jensen Huang to testify on China chip sales adds regulatory and export-control overhang around NVIDIA’s business in China. Warren invites Nvidia CEO Jensen Huang to Senate hearing on China AI chip sales
• Negative Sentiment: Director Mark Stevens’ large share sale is also weighing on sentiment, since insider selling can make investors cautious even when the underlying business remains strong. NVIDIA insider trading filing

Analyst Ratings Changes

A number of equities analysts have recently weighed in on the company. Jefferies Financial Group restated a “buy” rating and issued a $300.00 target price (up from $275.00) on shares of NVIDIA in a research note on Thursday, May 21st. The Goldman Sachs Group restated a “buy” rating and issued a $285.00 target price (up from $250.00) on shares of NVIDIA in a research note on Wednesday, May 20th. Rothschild & Co Redburn boosted their target price on NVIDIA from $280.00 to $300.00 and gave the stock a “buy” rating in a research note on Tuesday, May 26th. Barclays restated an “overweight” rating on shares of NVIDIA in a research note on Thursday, May 21st. Finally, New Street Research cut their target price on NVIDIA from $343.00 to $340.00 in a research note 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 three have assigned a Hold rating to the company’s stock. Based on data from MarketBeat.com, the stock has an average rating of “Buy” and a consensus target price of $305.67.

Insider Activity

In other news, Director Mark A. Stevens sold 500,000 shares of the stock in a transaction that occurred 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 transaction, the director directly owned 6,399,771 shares of the company’s stock, valued at $1,406,861,658.93. This represents a 7.25% decrease in their position. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is available at the SEC website. Also, CFO Colette Kress sold 42,650 shares of the firm’s stock in a transaction that occurred on Friday, March 20th. The stock was sold at an average price of $174.89, for a total transaction of $7,459,058.50. Following the completion of the transaction, the chief financial officer directly owned 881,387 shares of the company’s stock, valued at approximately $154,145,772.43. This trade represents a 4.62% decrease in their ownership of the stock. Additional details regarding this sale are available in the official SEC disclosure. Over the last ninety days, insiders sold 1,922,461 shares of company stock worth $387,385,083. 3.94% of the stock is owned by insiders.

NVIDIA Stock Down 6.2%

NVIDIA stock opened at $205.10 on Friday. NVIDIA Corporation has a twelve month low of $140.85 and a twelve month high of $236.54. The firm has a 50 day moving average price of $203.37 and a 200-day moving average price of $190.55. The company has a market capitalization of $4.96 trillion, a P/E ratio of 31.41, a P/E/G ratio of 0.49 and a beta of 2.22. 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 earnings results on Wednesday, May 20th. The computer hardware maker reported $1.87 earnings per share for the quarter, beating analysts’ consensus estimates of $1.76 by $0.11. NVIDIA had a net margin of 62.97% and a return on equity of 96.94%. The firm had revenue of $81.62 billion during the quarter, compared to the consensus estimate of $78.42 billion. During the same period in the prior year, the firm earned $0.81 EPS. The company’s revenue was up 85.2% compared to the same quarter last year. As a group, equities analysts predict that NVIDIA Corporation will post 8.61 EPS for the current year.

NVIDIA Increases Dividend

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

NVIDIA declared that its board has approved a stock 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 purchase up to 1.5% of its shares through open market purchases. Shares repurchase programs are often an indication that the company’s management believes its shares are undervalued.

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.