NVIDIA Corporation $NVDA Position Lowered by Sky Investment Group LLC

Sky Investment Group LLC trimmed its position in NVIDIA Corporation (NASDAQ:NVDA) by 1.2% during the first quarter, according to its most recent filing with the Securities and Exchange Commission. The institutional investor owned 280,090 shares of the computer hardware maker’s stock after selling 3,266 shares during the quarter. NVIDIA makes up 8.4% of Sky Investment Group LLC’s investment portfolio, making the stock its largest position. Sky Investment Group LLC’s holdings in NVIDIA were worth $48,848,000 at the end of the most recent quarter.

Other institutional investors and hedge funds have also recently modified their holdings of the company. Diversified Enterprises LLC raised its stake in NVIDIA by 44.2% during the 4th quarter. Diversified Enterprises LLC now owns 127,604 shares of the computer hardware maker’s stock worth $23,798,000 after acquiring an additional 39,129 shares in the last quarter. ASR Vermogensbeheer N.V. lifted its position in NVIDIA by 1.8% in the fourth quarter. ASR Vermogensbeheer N.V. now owns 3,169,377 shares of the computer hardware maker’s stock valued at $591,086,000 after acquiring an additional 54,877 shares during the last quarter. PMG Family Office LLC acquired a new position in NVIDIA in the third quarter valued at $2,150,000. Storen Legacy Partners LLC acquired a new position in NVIDIA in the fourth quarter valued at $1,350,000. Finally, Weaver Capital Management LLC grew its holdings in shares of NVIDIA by 5.5% during the fourth quarter. Weaver Capital Management LLC now owns 85,216 shares of the computer hardware maker’s stock worth $15,893,000 after purchasing an additional 4,439 shares during the last quarter. Institutional investors and hedge funds own 65.27% of the company’s stock.

Insider Activity at NVIDIA

In other NVIDIA news, Director Mark A. Stevens sold 885,000 shares of the business’s stock in a transaction that occurred on Thursday, June 18th. The stock was sold at an average price of $210.17, for a total transaction of $186,000,450.00. Following the transaction, the director owned 5,207,271 shares in the company, valued at approximately $1,094,412,146.07. The trade was a 14.53% decrease in their position. The transaction was disclosed in a document filed with the SEC, which is accessible through the SEC website. Also, Director Stephen C. Neal sold 15,500 shares of the stock in a transaction that occurred on Wednesday, June 3rd. The stock was sold at an average price of $215.73, for a total value of $3,343,815.00. Following the transaction, the director directly owned 116,135 shares of the company’s stock, valued at approximately $25,053,803.55. This trade represents a 11.77% decrease in their ownership of the stock. The disclosure for this sale is available in the SEC filing. Insiders sold a total of 1,901,125 shares of company stock worth $410,583,015 over the last 90 days. Company insiders own 3.94% of the company’s stock.

NVIDIA Trading Down 0.9%

Shares of NVDA stock opened at $198.32 on Thursday. The company has a market capitalization of $4.80 trillion, a P/E ratio of 30.37, a price-to-earnings-growth ratio of 0.45 and a beta of 2.22. The company has a current ratio of 3.44, a quick ratio of 2.85 and a debt-to-equity ratio of 0.04. The business’s 50 day moving average is $210.80 and its two-hundred day moving average is $192.91. NVIDIA Corporation has a twelve month low of $149.26 and a twelve month high of $236.54.

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 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 $81.61 billion during the quarter, compared to the consensus estimate of $78.42 billion. During the same period last year, the company earned $0.81 earnings per share. The company’s revenue for the quarter was up 85.2% on a year-over-year basis. Equities analysts forecast that NVIDIA Corporation will post 8.69 EPS for the current year.

NVIDIA announced that its board has approved a share repurchase plan on Wednesday, May 20th that allows the company to repurchase $80.00 billion in shares. This repurchase authorization allows the computer hardware maker to buy up to 1.5% of its shares through open market purchases. Shares repurchase plans are typically an indication that the company’s board believes its shares are undervalued.

NVIDIA Increases Dividend

The company also recently declared a quarterly dividend, which will be paid on Friday, June 26th. Investors of record on Thursday, June 4th will be issued a dividend of $0.25 per share. This is an increase from NVIDIA’s previous quarterly dividend of $0.01. This represents a $1.00 annualized dividend and a yield of 0.5%. The ex-dividend date of this dividend is Thursday, June 4th. NVIDIA’s dividend payout ratio is currently 15.31%.

Key NVIDIA News

Here are the key news stories impacting NVIDIA this week:

• Positive Sentiment: NVIDIA continues to expand its AI ecosystem, including new BioNeMo and agentic AI tools for life sciences, which supports the long-term growth story. Nvidia launches BioNeMo agent toolkit for AI-driven life sciences research
• Positive Sentiment: Wall Street commentary remains constructive, with several analysts still calling NVDA a must-own AI leader despite the recent tech sell-off. NVIDIA (NVDA) Remains a Must-Own for Bernstein Despite Tech Sell-Off
• Neutral Sentiment: The latest earnings report was strong, with NVIDIA beating EPS and revenue estimates and posting very rapid year-over-year growth, providing a solid fundamental backdrop.
• Negative Sentiment: AI spending concerns and a memory-chip selloff are weighing on the entire semiconductor group, pressuring NVIDIA as investors question the pace of future demand. Lam Research, Qualcomm, and Western Digital Stocks Trade Down, What You Need To Know
• Negative Sentiment: Reuters reported that NVIDIA was sued by music company Jamendo over AI training, adding legal uncertainty and headline risk. Nvidia sued by music company Jamendo over AI training

Analyst Upgrades and Downgrades

A number of analysts have recently commented on the company. Jefferies Financial Group reiterated a “buy” rating and set a $300.00 target price (up from $275.00) on shares of NVIDIA in a research report on Thursday, May 21st. Weiss Ratings restated a “buy (b)” rating on shares of NVIDIA in a research note on Friday, April 10th. Wedbush lifted their price target on NVIDIA from $300.00 to $330.00 and gave the stock an “outperform” rating in a research report on Thursday, May 21st. Benchmark reiterated a “buy” rating and issued a $335.00 price objective (up from $250.00) on shares of NVIDIA in a research note on Thursday, May 21st. Finally, Piper Sandler reissued an “overweight” rating on shares of NVIDIA in a report on Thursday, February 26th. Three analysts have rated the stock with a Strong Buy rating, forty-eight have given a Buy rating and three have given a Hold rating to the stock. Based on data from MarketBeat.com, NVIDIA currently has a consensus rating of “Buy” and an average target price of $305.67.

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.