Matrix Private Capital Group LLC Buys New Stake in NVIDIA Corporation $NVDA

Matrix Private Capital Group LLC purchased a new stake in NVIDIA Corporation (NASDAQ:NVDA) during the first quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The firm purchased 15,271 shares of the computer hardware maker’s stock, valued at approximately $2,663,000. NVIDIA makes up about 1.3% of Matrix Private Capital Group LLC’s holdings, making the stock its 20th largest position.

A number of other institutional investors also recently bought and sold shares of the business. Brighton Jones LLC grew its position in shares of NVIDIA by 12.4% in the 4th quarter. Brighton Jones LLC now owns 324,901 shares of the computer hardware maker’s stock valued at $43,631,000 after buying an additional 35,815 shares during the last quarter. Bank Pictet & Cie Europe AG lifted its position in NVIDIA by 1.0% in the fourth quarter. Bank Pictet & Cie Europe AG now owns 2,346,417 shares of the computer hardware maker’s stock valued at $315,100,000 after acquiring an additional 22,929 shares during the last quarter. Highview Capital Management LLC DE lifted its position in NVIDIA by 6.7% in the fourth quarter. Highview Capital Management LLC DE now owns 58,396 shares of the computer hardware maker’s stock valued at $7,842,000 after acquiring an additional 3,653 shares during the last quarter. Hudson Value Partners LLC boosted its stake in NVIDIA by 30.7% in the fourth quarter. Hudson Value Partners LLC now owns 50,658 shares of the computer hardware maker’s stock valued at $6,805,000 after acquiring an additional 11,900 shares in the last quarter. Finally, Wealth Group Ltd. grew its holdings in shares of NVIDIA by 15.7% during the first quarter. Wealth Group Ltd. now owns 6,598 shares of the computer hardware maker’s stock worth $715,000 after purchasing an additional 896 shares during the last quarter. 65.27% of the stock is owned by hedge funds and other institutional investors.

NVIDIA Trading Up 3.4%

NASDAQ:NVDA opened at $219.22 on Thursday. The firm has a market cap of $5.31 trillion, a P/E ratio of 33.57, a PEG ratio of 0.41 and a beta of 2.23. 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 stock’s 50 day simple moving average is $205.31 and its 200-day simple moving average is $196.77. NVIDIA Corporation has a 12-month low of $164.07 and a 12-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 anticipate that NVIDIA Corporation will post 8.79 EPS for the current year.

NVIDIA Increases Dividend

The company also recently announced a quarterly dividend, which was paid on Friday, June 26th. Stockholders of record on Thursday, June 4th were paid a $0.25 dividend. This is a boost from NVIDIA’s previous quarterly dividend of $0.01. The ex-dividend date was Thursday, June 4th. This represents a $1.00 annualized dividend and a dividend yield of 0.5%. NVIDIA’s dividend payout ratio (DPR) is 15.31%.

NVIDIA announced that its board has approved a stock 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 repurchase up to 1.5% of its shares through open market purchases. Shares repurchase plans are generally a sign that the company’s board of directors believes its shares are undervalued.

Key Stories Impacting NVIDIA

Here are the key news stories impacting NVIDIA this week:

• Positive Sentiment: SpaceX CEO Elon Musk said the company will build its AI infrastructure exclusively with NVIDIA chips, including the Vera Rubin platform. Musk also discussed ambitious plans for space-based AI computing, prompting investors to anticipate a potentially significant new source of long-term demand. Nvidia Stock Is on the Rise After Elon Musk Says SpaceX Will Exclusively Buy Its Chips
• Positive Sentiment: Analysts and market commentators are raising their long-term forecasts, with one scenario suggesting NVIDIA could approach $1 trillion in annual revenue if SpaceX delivers even part of Musk’s planned computing buildout. These projections reinforce the bullish view that NVIDIA’s opportunity extends beyond traditional data-center GPUs. Analyst Forecasts NVIDIA Revenue Potential From SpaceX Compute Plans
• Positive Sentiment: Investor sentiment was also supported by reports that NVIDIA’s B200 systems remain sold out and that AI chip demand continues to substantially exceed available supply. A separate report highlighted a multiyear Blackwell infrastructure agreement with Corvex, adding to evidence of continuing deployment demand. NVIDIA B200 Systems Are Sold Out
• Positive Sentiment: Before its upcoming earnings release, bullish estimates call for approximately $91.85 billion in quarterly revenue and $2.08 in earnings per share, reflecting nearly 100% year-over-year growth. Recent coverage also points to networking, software, enterprise AI and sovereign AI as increasingly important growth drivers. NVIDIA Stock Ahead of Q2 Earnings
• Neutral Sentiment: Institutional activity included additions of 698,901 shares by DekaBank and 595,887 shares by Allen Investment Management, while analyst price targets remain well above recent trading levels. However, these 13F disclosures reflect holdings as of June 30 and may not represent current positioning.
• Negative Sentiment: Risks remain, including Michael Burry’s bearish NVIDIA position, concerns over potentially expensive circular investments in AI companies, U.S. restrictions affecting China-related supply chains, and competition from AMD, custom accelerators and AI companies developing their own chips. Michael Burry Maintains Bearish NVIDIA View

Analyst Upgrades and Downgrades

A number of analysts have recently commented on the company. Sanford C. Bernstein reiterated a “buy” rating on shares of NVIDIA in a research report on Monday, June 29th. DA Davidson reaffirmed a “buy” rating and set a $300.00 price target on shares of NVIDIA in a research report on Monday, June 1st. New Street Research reduced their price objective on NVIDIA from $343.00 to $340.00 in a research note on Thursday, May 21st. Evercore restated an “outperform” rating and set a $413.00 target price (up from $352.00) on shares of NVIDIA in a research report on Thursday, May 21st. Finally, Rosenblatt Securities reiterated a “buy” rating and issued a $325.00 price target on shares of NVIDIA in a research report on Thursday, May 21st. Three research analysts have rated the stock with a Strong Buy rating, forty-eight have given a Buy rating and two have issued a Hold rating to the stock. According to MarketBeat.com, the stock presently has a consensus rating of “Buy” and an average target price of $304.26.

Insider Transactions at NVIDIA

In other news, Director Mark A. Stevens sold 885,000 shares of NVIDIA stock in a transaction dated Thursday, June 18th. The shares were sold at an average price of $210.17, for a total value of $186,000,450.00. Following the sale, the director owned 5,207,271 shares of the company’s stock, valued at $1,094,412,146.07. The trade was a 14.53% decrease in their ownership of the stock. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which is accessible through this hyperlink. Also, Director Stephen C. Neal sold 15,500 shares of the business’s stock in a transaction dated Wednesday, June 3rd. The stock was sold at an average price of $215.73, for a total transaction of $3,343,815.00. Following the transaction, the director owned 116,135 shares in the company, valued at approximately $25,053,803.55. This trade represents a 11.77% decrease in their ownership of the stock. Additional details regarding this sale are available in the official SEC disclosure. In the last quarter, insiders sold 1,901,125 shares of company stock worth $410,583,015. Company insiders own 3.94% of the company’s stock.

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.