Fortune 45 LLC Has $3.55 Million Stake in NVIDIA Corporation $NVDA

Fortune 45 LLC lowered its stake in NVIDIA Corporation (NASDAQ:NVDA) by 26.1% during the 1st quarter, HoldingsChannel.com reports. The fund owned 20,359 shares of the computer hardware maker’s stock after selling 7,200 shares during the quarter. NVIDIA makes up 1.7% of Fortune 45 LLC’s portfolio, making the stock its 6th biggest holding. Fortune 45 LLC’s holdings in NVIDIA were worth $3,550,000 at the end of the most recent reporting period.

Other hedge funds have also added to or reduced their stakes in the company. Ascentis Independent Advisors raised its holdings in NVIDIA by 97.9% in the 1st quarter. Ascentis Independent Advisors now owns 413,245 shares of the computer hardware maker’s stock worth $72,070,000 after purchasing an additional 204,407 shares in the last quarter. Stephens Inc. AR boosted its stake in shares of NVIDIA by 3.1% during the 1st quarter. Stephens Inc. AR now owns 810,438 shares of the computer hardware maker’s stock valued at $141,871,000 after purchasing an additional 24,646 shares in the last quarter. Seascape Capital Management boosted its stake in shares of NVIDIA by 0.5% during the 1st quarter. Seascape Capital Management now owns 43,934 shares of the computer hardware maker’s stock valued at $7,662,000 after purchasing an additional 225 shares in the last quarter. LVZ Inc. increased its position in shares of NVIDIA by 2.6% during the first quarter. LVZ Inc. now owns 8,642 shares of the computer hardware maker’s stock valued at $1,507,000 after buying an additional 216 shares during the period. Finally, Hardy Reed LLC increased its position in shares of NVIDIA by 1.3% during the first quarter. Hardy Reed LLC now owns 53,864 shares of the computer hardware maker’s stock valued at $9,394,000 after buying an additional 708 shares during the period. 65.27% of the stock is owned by hedge funds and other institutional investors.

Trending Headlines about NVIDIA

Here are the key news stories impacting NVIDIA this week:

• Positive Sentiment: NVIDIA announced that major Japanese institutions and companies, including Institution of Science Tokyo, SoftBank’s SB Intuitions, Hitachi, ENEOS, NTT DATA, avatarin and Sakana AI, are adopting Nemotron open models to build localized Japanese-language AI applications. The news highlights expanding real-world demand for NVIDIA’s software stack and strengthens its position in Japan’s national AI ecosystem. Article Title
• Positive Sentiment: Jensen Huang said Vera Rubin is already in production and pushed back against reports of delays, easing investor concern about NVIDIA’s next-generation AI accelerator roadmap. Article Title
• Positive Sentiment: Wall Street remains constructive, with KeyBanc raising its price target and other analysts pointing to continued upside driven by AI demand, data-center networking, and NVIDIA’s broader platform expansion. Article Title
• Neutral Sentiment: Several articles emphasized NVIDIA’s strong momentum and valuation case, but they were largely commentary pieces rather than new company-specific developments. Article Title
• Negative Sentiment: Ongoing U.S.-China export scrutiny continues to hang over the stock, with officials saying only a very small number of approved H200 chips have shipped to China. Even though China access could add upside, the limited near-term volume keeps the issue a source of uncertainty. Article Title
• Negative Sentiment: Reports of unusual put options activity and continued discussion of NVIDIA as a crowded trade suggest some investors are still hedging or questioning how much upside is already priced in. Article Title

Wall Street Analyst Weigh In

Several analysts have commented on NVDA shares. Rosenblatt Securities restated a “buy” rating and issued a $325.00 price objective on shares of NVIDIA in a report on Thursday, May 21st. Cantor Fitzgerald reiterated an “overweight” rating and set a $350.00 target price on shares of NVIDIA in a report on Thursday, May 21st. KeyCorp reissued an “overweight” rating and issued a $330.00 target price (up from $310.00) on shares of NVIDIA in a research report on Tuesday. BNP Paribas Exane raised their target price on NVIDIA from $270.00 to $285.00 and gave the company an “outperform” rating in a research note on Thursday, May 21st. Finally, The Goldman Sachs Group restated a “buy” rating and set a $285.00 price target (up from $250.00) on shares of NVIDIA in a research report on Wednesday, May 20th. Two investment analysts have rated the stock with a Strong Buy rating, forty-eight have given a Buy rating and three have issued a Hold rating to the stock. According to MarketBeat, NVIDIA presently has a consensus rating of “Moderate Buy” and an average price target of $304.26.

Insiders Place Their Bets

In other news, Director Stephen C. Neal sold 15,500 shares of the stock in a transaction 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 sale, the director directly owned 116,135 shares of the company’s stock, valued at approximately $25,053,803.55. This represents a 11.77% decrease in their ownership of the stock. The transaction was disclosed in a legal filing with the SEC, which is accessible through this link. Also, Director John Dabiri sold 625 shares of the firm’s stock in a transaction on Wednesday, May 27th. The shares were sold at an average price of $214.00, for a total value of $133,750.00. Following the transaction, the director owned 14,163 shares of the company’s stock, valued at $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 valued at $410,583,015. 3.94% of the stock is currently owned by corporate insiders.

NVIDIA Price Performance

Shares of NASDAQ NVDA opened at $212.50 on Thursday. NVIDIA Corporation has a fifty-two week low of $164.07 and a fifty-two week high of $236.54. The company has a 50 day simple moving average of $209.96 and a two-hundred day simple moving average of $194.93. The company has a market capitalization of $5.14 trillion, a price-to-earnings ratio of 32.54, a P/E/G ratio of 0.47 and a beta of 2.21. 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 issued its quarterly earnings results on Wednesday, May 20th. The computer hardware maker reported $1.87 EPS for the quarter, topping analysts’ consensus estimates of $1.76 by $0.11. The firm had revenue of $81.61 billion for the quarter, compared to analysts’ expectations of $78.42 billion. NVIDIA had a return on equity of 96.94% and a net margin of 62.97%.The business’s revenue for the quarter was up 85.2% compared to the same quarter last year. During the same period in the previous year, the firm posted $0.81 EPS. Analysts expect that NVIDIA Corporation will post 8.8 EPS for the current fiscal year.

NVIDIA Increases Dividend

The business also recently disclosed a quarterly dividend, which was paid on Friday, June 26th. Shareholders of record on Thursday, June 4th were paid a dividend of $0.25 per share. The ex-dividend date was Thursday, June 4th. This is a positive change from NVIDIA’s previous quarterly dividend of $0.01. This represents a $1.00 dividend on an annualized basis and a yield of 0.5%. NVIDIA’s dividend payout ratio (DPR) is presently 15.31%.

NVIDIA declared that its Board of Directors has initiated a stock repurchase program on Wednesday, May 20th that permits the company to repurchase $80.00 billion in shares. This repurchase authorization permits the computer hardware maker to purchase up to 1.5% of its shares through open market purchases. Shares repurchase programs are typically a sign that the company’s board 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.