Balentine LLC Has $6.26 Million Stock Position in NVIDIA Corporation $NVDA

Balentine LLC grew its stake in NVIDIA Corporation (NASDAQ:NVDA) by 7.9% during the fourth quarter, HoldingsChannel.com reports. The firm owned 33,540 shares of the computer hardware maker’s stock after buying an additional 2,445 shares during the period. NVIDIA makes up about 0.2% of Balentine LLC’s holdings, making the stock its 26th biggest holding. Balentine LLC’s holdings in NVIDIA were worth $6,255,000 at the end of the most recent quarter.

Other large investors also recently made changes to their positions in the company. State Street Corp raised its stake in NVIDIA by 1.0% during the 2nd quarter. State Street Corp now owns 978,208,862 shares of the computer hardware maker’s stock worth $154,556,803,000 after buying an additional 9,554,857 shares during the period. Geode Capital Management LLC raised its stake in NVIDIA by 1.5% during the 2nd quarter. Geode Capital Management LLC now owns 579,213,497 shares of the computer hardware maker’s stock worth $91,150,170,000 after buying an additional 8,521,936 shares during the period. Norges Bank acquired a new stake in NVIDIA during the 2nd quarter worth $51,386,863,000. Legal & General Group Plc raised its stake in NVIDIA by 1.5% during the 3rd quarter. Legal & General Group Plc now owns 181,203,035 shares of the computer hardware maker’s stock worth $33,808,862,000 after buying an additional 2,609,560 shares during the period. Finally, Capital Research Global Investors raised its stake in NVIDIA by 16.1% during the 3rd quarter. Capital Research Global Investors now owns 165,377,852 shares of the computer hardware maker’s stock worth $30,855,564,000 after buying an additional 22,896,705 shares during the period. Institutional investors and hedge funds own 65.27% of the company’s stock.

Insider Buying and Selling

In other news, Director Mark A. Stevens sold 221,682 shares of the firm’s stock in a transaction dated Friday, March 20th. The stock was sold at an average price of $173.68, for a total value of $38,501,729.76. Following the completion of the transaction, the director owned 7,399,771 shares in the company, valued at $1,285,192,227.28. This trade represents a 2.91% decrease in their position. The sale 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 NVIDIA stock in a transaction dated Friday, March 20th. The stock was sold at an average price of $174.89, for a total value of $7,459,058.50. Following the transaction, the chief financial officer owned 881,387 shares of the company’s stock, valued at $154,145,772.43. The trade was a 4.62% decrease in their position. The disclosure for this sale is available in the SEC filing. Insiders have sold 906,336 shares of company stock worth $162,802,518 over the last three months. Company insiders own 4.17% of the company’s stock.

NVIDIA Price Performance

Shares of NASDAQ NVDA opened at $214.86 on Wednesday. The stock has a market capitalization of $5.20 trillion, a price-to-earnings ratio of 32.90, a PEG ratio of 0.52 and a beta of 2.25. The business has a 50-day moving average of $197.43 and a 200-day moving average of $189.19. The company has a debt-to-equity ratio of 0.04, a current ratio of 3.44 and a quick ratio of 2.85. NVIDIA Corporation has a fifty-two week low of $132.92 and a fifty-two week high of $236.54.

NVIDIA (NASDAQ:NVDA) last announced its quarterly earnings data on Wednesday, May 20th. The computer hardware maker reported $1.87 earnings per share for the quarter, beating the consensus estimate of $1.76 by $0.11. The company had revenue of $81.62 billion during 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%.NVIDIA’s revenue for the quarter was up 85.2% compared to the same quarter last year. During the same quarter last year, the company earned $0.81 EPS. As a group, sell-side analysts predict that NVIDIA Corporation will post 7.98 earnings per share for the current fiscal year.

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

NVIDIA Increases Dividend

The business also recently disclosed a quarterly dividend, which will be paid on Friday, June 26th. Stockholders of record on Thursday, June 4th will be issued a $0.25 dividend. This represents a $1.00 annualized dividend and a dividend yield of 0.5%. The ex-dividend date is Thursday, June 4th. This is a positive change from NVIDIA’s previous quarterly dividend of $0.01. NVIDIA’s dividend payout ratio is 0.61%.

Analysts Set New Price Targets

NVDA has been the topic of several research analyst reports. Needham & Company LLC reaffirmed a “buy” rating and set a $270.00 price objective (up from $240.00) on shares of NVIDIA in a research note on Thursday, May 21st. Sanford C. Bernstein reaffirmed an “outperform” rating on shares of NVIDIA in a research note on Thursday, May 21st. Robert W. Baird set a $500.00 price objective on NVIDIA and gave the stock an “outperform” rating in a research note on Thursday, May 21st. Tigress Financial reaffirmed a “strong-buy” rating and set a $360.00 price objective (up from $350.00) on shares of NVIDIA in a research note on Thursday, March 5th. Finally, Mizuho set a $300.00 price objective on NVIDIA in a research note on Thursday, May 21st. Three research analysts have rated the stock with a Strong Buy rating, forty-eight have issued a Buy rating and three have given a Hold rating to the company. Based on data from MarketBeat.com, NVIDIA has an average rating of “Buy” and an average target price of $303.96.

Trending Headlines about NVIDIA

Here are the key news stories impacting NVIDIA this week:

• Positive Sentiment: Multiple reports said NVIDIA remains a primary beneficiary of the AI buildout, with strong demand for AI chips, hyperscaler spending, and supply constraints in advanced packaging supporting growth. Article Title
• Positive Sentiment: Rothschild & Co Redburn raised its price target on NVIDIA to $300 from $280 and reiterated a buy rating, adding to the broader analyst optimism around the stock. Article Title
• Positive Sentiment: Several commentary pieces highlighted NVIDIA’s record quarterly revenue, strong margins, and expanded buybacks/dividend, reinforcing the view that earnings momentum remains exceptional. Article Title
• Positive Sentiment: Jensen Huang said AI has crossed a “critical threshold,” with tokens now profitable, and also emphasized China as an important market, which keeps the long-term AI revenue story intact. Article Title
• Neutral Sentiment: Some reports noted NVDA’s shares have been wobbly after earnings and that traders are watching whether the post-report consolidation turns into a deeper pullback. Article Title
• Neutral Sentiment: There were also mixed signals from market chatter, with analysts and social media focusing on the stock’s huge AI leadership, while others pointed to valuation and cycle-risk concerns. Article Title
• Negative Sentiment: Michael Burry publicly warned that NVIDIA stock could face a sharp decline, adding to bearish headlines around AI exuberance and a possible unwind in crowded momentum trades. Article Title
• Negative Sentiment: Another cautionary piece argued that NVIDIA’s blockbuster quarter may hide a warning, reflecting investor concern that the stock’s expectations are now very high. Article Title

NVIDIA 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.