23,054 Shares in NVIDIA Corporation $NVDA Purchased by Vertrix Wealth Management LLC

Vertrix Wealth Management LLC purchased a new stake in shares of NVIDIA Corporation (NASDAQ:NVDA) in the 1st quarter, Holdings Channel reports. The fund purchased 23,054 shares of the computer hardware maker’s stock, valued at approximately $4,021,000. NVIDIA accounts for about 1.5% of Vertrix Wealth Management LLC’s holdings, making the stock its 29th largest position.

Several other large investors have also recently added to or reduced their stakes in the company. Norges Bank bought a new position in NVIDIA in the 4th quarter valued at $62,244,133,000. J. Stern & Co. LLP grew its holdings in shares of NVIDIA by 13,709.1% during the fourth quarter. J. Stern & Co. LLP now owns 125,760,307 shares of the computer hardware maker’s stock worth $23,454,297,000 after purchasing an additional 124,849,603 shares during the last quarter. Cardano Risk Management B.V. grew its holdings in shares of NVIDIA by 896.4% during the fourth quarter. Cardano Risk Management B.V. now owns 78,123,960 shares of the computer hardware maker’s stock worth $14,570,119,000 after purchasing an additional 70,283,539 shares during the last quarter. Capital Research Global Investors increased its stake in shares of NVIDIA by 16.1% in the third quarter. Capital Research Global Investors now owns 165,377,852 shares of the computer hardware maker’s stock valued at $30,855,564,000 after buying an additional 22,896,705 shares in the last quarter. Finally, Laurel Wealth Advisors LLC grew its holdings in NVIDIA by 15,496.1% during the 2nd quarter. Laurel Wealth Advisors LLC now owns 21,865,525 shares of the computer hardware maker’s stock worth $3,454,534,000 after acquiring an additional 21,725,326 shares during the last quarter. 65.27% of the stock is owned by institutional investors.

More NVIDIA News

Here are the key news stories impacting NVIDIA this week:

• Positive Sentiment: Bank of America and other analysts reiterated bullish views, saying NVIDIA still dominates AI infrastructure spending and that the current valuation looks attractive after the recent selloff. Nvidia backed by Bank of America as analysts see AI leadership supporting further growth
• Positive Sentiment: Research from SemiAnalysis suggested NVIDIA could beat Wall Street expectations on data center revenue, reinforcing the view that AI demand remains stronger than many investors fear. Wall Street’s Most Watched Researcher Just Predicted NVIDIA Will Crush Earnings. Will the Stock Rally?
• Positive Sentiment: NVIDIA announced or was highlighted in several AI product and ecosystem updates, including Hugging Face LeRobot integration and new NIM microservices, which help support its long-term platform story. NVIDIA (NVDA) Integrates Isaac AI Tools into Hugging Face LeRobot
• Neutral Sentiment: Reports that China may allow limited purchases of NVIDIA H200 chips could modestly improve sentiment, but supply appears tightly capped, limiting the near-term impact. China plans to let top AI firms buy limited amount of Nvidia H200 chips, the Information reports
• Neutral Sentiment: Several articles argued NVIDIA is trading at a lower valuation than usual, which may attract value buyers, but the same decline also reflects investor concerns about competition, margins, and delays in next-gen infrastructure. Nvidia’s stock trades at a juicy discount, according to BofA
• Negative Sentiment: Some coverage pointed to slower momentum in the stock versus other AI and semiconductor names, plus concerns about rising competition and a broader rotation away from NVIDIA into other parts of the AI supply chain. Nvidia stock continues to struggle even as AI peers soar: buy, sell, or hold?
• Negative Sentiment: Reuters also reported that France’s competition probe into NVIDIA is nearing an end, keeping regulatory overhang in focus. French competition authority’s Nvidia probe nearing end

Insider Buying and Selling at NVIDIA

In other NVIDIA news, Director Mark A. Stevens sold 885,000 shares of the business’s stock in a transaction dated Thursday, June 18th. The stock was sold at an average price of $210.17, for a total value of $186,000,450.00. Following the completion of the transaction, the director directly owned 5,207,271 shares of the company’s stock, valued at approximately $1,094,412,146.07. The trade was a 14.53% decrease in their ownership of the stock. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is accessible through the SEC website. Also, Director Stephen C. Neal sold 15,500 shares of the stock in a transaction dated 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 completion of the sale, the director 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 SEC filing for this sale provides additional information. Over the last ninety days, insiders sold 1,901,125 shares of company stock valued at $410,583,015. Company insiders own 3.94% of the company’s stock.

Analyst Ratings Changes

Several analysts have recently commented on the stock. Wedbush increased their price target on shares of NVIDIA from $300.00 to $330.00 and gave the company an “outperform” rating in a research note on Thursday, May 21st. Barclays reiterated an “overweight” rating on shares of NVIDIA in a research report on Thursday, May 21st. Deutsche Bank Aktiengesellschaft reaffirmed a “hold” rating and set a $255.00 price target (up from $220.00) on shares of NVIDIA in a research note on Thursday, May 21st. Stifel Nicolaus set a $282.00 price objective on NVIDIA and gave the stock a “buy” rating in a report on Thursday, May 21st. Finally, CICC Research raised their target price on shares of NVIDIA from $240.60 to $268.30 and gave the company an “outperform” rating in a research note on Friday, May 22nd. Three research analysts have rated the stock with a Strong Buy rating, forty-eight have assigned a Buy rating and three have assigned a Hold rating to the stock. According to MarketBeat, the stock presently has an average rating of “Buy” and an average price target of $303.84.

NVIDIA Stock Down 0.7%

Shares of NASDAQ NVDA opened at $202.78 on Friday. The stock has a market cap of $4.91 trillion, a P/E ratio of 31.05, a P/E/G ratio of 0.45 and a beta of 2.21. The firm has a 50 day moving average price of $209.45 and a 200 day moving average price of $194.30. 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 Corporation has a 52-week low of $161.61 and a 52-week high of $236.54.

NVIDIA (NASDAQ:NVDA) last posted its 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. The company had revenue of $81.61 billion for the quarter, compared to analyst estimates of $78.42 billion. NVIDIA had a net margin of 62.97% and a return on equity of 96.94%. The business’s revenue for the quarter was up 85.2% compared to the same quarter last year. During the same period last year, the business posted $0.81 earnings per share. Analysts expect that NVIDIA Corporation will post 8.79 EPS for the current year.

NVIDIA declared that its board has initiated a share buyback program on Wednesday, May 20th that permits the company to buyback $80.00 billion in shares. This buyback authorization permits the computer hardware maker to repurchase up to 1.5% of its stock through open market purchases. Stock buyback programs are typically an indication that the company’s board believes its shares are undervalued.

NVIDIA Increases Dividend

The firm also recently announced a quarterly dividend, which was paid on Friday, June 26th. Shareholders of record on Thursday, June 4th were issued a dividend of $0.25 per share. This is a boost 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 was Thursday, June 4th. NVIDIA’s dividend payout ratio is presently 15.31%.

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.