Climber Capital SA acquired a new stake in shares of NVIDIA Corporation (NASDAQ:NVDA – Free Report) during the fourth quarter, Holdings Channel reports. The firm acquired 2,766 shares of the computer hardware maker’s stock, valued at approximately $515,000.
A number of other institutional investors have also recently added to or reduced their stakes in the company. Longfellow Investment Management Co. LLC boosted its stake in NVIDIA by 47.9% during the second quarter. Longfellow Investment Management Co. LLC now owns 207 shares of the computer hardware maker’s stock valued at $33,000 after buying an additional 67 shares in the last quarter. Spurstone Advisory Services LLC bought a new stake in NVIDIA in the second quarter worth about $40,000. Syntax Research Inc. raised its position in NVIDIA by 62.5% in the fourth quarter. Syntax Research Inc. now owns 260 shares of the computer hardware maker’s stock worth $49,000 after acquiring an additional 100 shares in the last quarter. Sellwood Investment Partners LLC acquired a new stake in NVIDIA in the 3rd quarter valued at about $50,000. Finally, Networth Advisors LLC acquired a new stake in NVIDIA in the 4th quarter valued at about $51,000. 65.27% of the stock is currently owned by institutional investors and hedge funds.
NVIDIA Price Performance
Shares of NASDAQ:NVDA opened at $211.14 on Monday. The company’s fifty day moving average is $199.28 and its two-hundred day moving average is $189.63. The company has a market cap of $5.11 trillion, a P/E ratio of 32.33, a price-to-earnings-growth ratio of 0.51 and a beta of 2.22. NVIDIA Corporation has a 12-month low of $132.92 and a 12-month high of $236.54. The company has a quick ratio of 2.85, a current ratio of 3.44 and a debt-to-equity ratio of 0.04.
NVIDIA Increases Dividend
The business also recently disclosed a quarterly dividend, which will be paid on Friday, June 26th. Investors of record on Thursday, June 4th will be given a dividend of $0.25 per share. The ex-dividend date of this dividend is Thursday, June 4th. This is a boost 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 payout ratio is presently 0.61%.
NVIDIA declared that its board has approved a stock buyback program on Wednesday, May 20th that allows the company to buyback $80.00 billion in outstanding shares. This buyback authorization allows the computer hardware maker to repurchase up to 1.5% of its shares through open market purchases. Shares buyback programs are typically a sign that the company’s board of directors believes its stock is undervalued.
Analyst Upgrades and Downgrades
Several equities analysts have recently issued reports on NVDA shares. Truist Financial lifted their price objective on shares of NVIDIA from $287.00 to $307.00 and gave the stock a “buy” rating in a research note on Thursday, May 21st. Jefferies Financial Group restated a “buy” rating and set a $300.00 target price (up from $275.00) on shares of NVIDIA in a report on Thursday, May 21st. Tigress Financial restated a “strong-buy” rating and issued a $425.00 price target (up from $360.00) on shares of NVIDIA in a research report on Wednesday. Oppenheimer reaffirmed an “outperform” rating and issued a $265.00 price target on shares of NVIDIA in a report on Thursday, February 26th. Finally, Wedbush raised their price objective on NVIDIA from $300.00 to $330.00 and gave the stock an “outperform” rating in a research note on Thursday, May 21st. Three analysts have rated the stock with a Strong Buy rating, forty-seven have assigned a Buy rating and three have given a Hold rating to the company’s stock. According to MarketBeat, NVIDIA currently has an average rating of “Buy” and an average price target of $305.38.
Read Our Latest Analysis on NVIDIA
Insider Transactions at NVIDIA
In related news, Director John Dabiri sold 3,004 shares of the stock in a transaction on Friday, March 13th. The stock was sold at an average price of $184.90, for a total transaction of $555,439.60. Following the completion of the sale, the director directly owned 14,788 shares in the company, valued at approximately $2,734,301.20. This trade represents a 16.88% decrease in their ownership of the stock. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which is accessible through the SEC website. Also, Director Aarti S. Shah sold 19,000 shares of NVIDIA stock in a transaction on Thursday, March 19th. The shares were sold at an average price of $176.71, for a total value of $3,357,490.00. Following the sale, the director directly owned 36,007 shares of the company’s stock, valued at approximately $6,362,796.97. The trade was a 34.54% decrease in their position. The disclosure for this sale is available in the SEC filing. In the last quarter, insiders have sold 906,961 shares of company stock worth $162,936,268. 3.94% of the stock is owned by company insiders.
Key NVIDIA News
Here are the key news stories impacting NVIDIA this week:
- Positive Sentiment: Investors are looking ahead to next week’s Computex conference, which could provide a fresh catalyst for NVIDIA’s AI-chip leadership and keep sentiment constructive around the stock. Why Nvidia stock is up around 1% today
- Positive Sentiment: Analysts and commentators continue to point to NVIDIA as the main winner from the AI server boom, with strong demand for its chips, Blackwell products, and broader data-center ecosystem. Jim Cramer names Nvidia as the winner behind Dell rally
- Positive Sentiment: News that NVIDIA is investing heavily in photonics, with billions directed toward next-generation data-center connectivity, suggests the company is trying to extend its AI leadership beyond GPUs into the next bottlenecks in AI infrastructure. Nvidia is investing billions into this emerging technology that could change the AI industry
- Positive Sentiment: Truist raised its price target on NVDA to $307 and kept a Buy rating, reinforcing the view that the company’s strong quarterly results and growth outlook remain intact. NVIDIA Corporation (NVDA) Stock Update: Truist Raises Target to $307 Following Strong Quarter
- Neutral Sentiment: CEO Jensen Huang’s reported advisory-board role at Tsinghua University keeps NVIDIA visible in China-related tech circles, but it is more of a corporate-profile headline than a direct earnings driver. Nvidia chief Jensen Huang to join board of Beijing’s Tsinghua University, FT reports
- Negative Sentiment: Director John Dabiri sold 625 shares under a pre-arranged 10b5-1 trading plan, which is routine but can still add to investor caution when the stock is already expensive and volatile. SEC filing for John Dabiri transaction
- Negative Sentiment: Several articles highlight concerns that NVIDIA’s valuation is stretched and that the stock may be struggling to extend gains after a huge AI-driven run, which can weigh on near-term trading. Nvidia And The Reality Of Paying For Perfection
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.
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