Alta Park Capital LP Raises Stock Position in NVIDIA Corporation $NVDA

Alta Park Capital LP raised its stake in shares of NVIDIA Corporation (NASDAQ:NVDA) by 2.9% during the 4th quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The fund owned 225,911 shares of the computer hardware maker’s stock after purchasing an additional 6,410 shares during the period. NVIDIA accounts for 5.1% of Alta Park Capital LP’s portfolio, making the stock its 4th largest holding. Alta Park Capital LP’s holdings in NVIDIA were worth $42,132,000 as of its most recent filing with the Securities & Exchange Commission.

Several other hedge funds and other institutional investors also recently added to or reduced their stakes in NVDA. Brighton Jones LLC boosted its position in NVIDIA by 12.4% during the 4th quarter. Brighton Jones LLC now owns 324,901 shares of the computer hardware maker’s stock worth $43,631,000 after acquiring an additional 35,815 shares during the last quarter. Bank Pictet & Cie Europe AG boosted its position in NVIDIA by 1.0% during the 4th quarter. Bank Pictet & Cie Europe AG now owns 2,346,417 shares of the computer hardware maker’s stock worth $315,100,000 after acquiring an additional 22,929 shares during the last quarter. Highview Capital Management LLC DE boosted its position in NVIDIA by 6.7% during the 4th quarter. Highview Capital Management LLC DE now owns 58,396 shares of the computer hardware maker’s stock worth $7,842,000 after acquiring an additional 3,653 shares during the last quarter. Hudson Value Partners LLC boosted its position in NVIDIA by 30.7% during the 4th quarter. Hudson Value Partners LLC now owns 50,658 shares of the computer hardware maker’s stock worth $6,805,000 after acquiring an additional 11,900 shares during the last quarter. Finally, Wealth Group Ltd. boosted its position in NVIDIA by 15.7% during the 1st quarter. Wealth Group Ltd. now owns 6,598 shares of the computer hardware maker’s stock worth $715,000 after acquiring an additional 896 shares during the last quarter. Institutional investors and hedge funds own 65.27% of the company’s stock.

Analyst Upgrades and Downgrades

A number of equities research analysts have recently issued reports on the company. Morgan Stanley set a $288.00 price objective on NVIDIA and gave the stock an “overweight” rating in a research note on Thursday, May 21st. CICC Research upped their price objective on NVIDIA from $240.60 to $268.30 and gave the stock an “outperform” rating in a research note on Friday, May 22nd. Cantor Fitzgerald reiterated an “overweight” rating and set a $350.00 price objective on shares of NVIDIA in a research note on Thursday, May 21st. BTIG Research assumed coverage on NVIDIA in a research note on Wednesday, April 15th. They set a “buy” rating on the stock. Finally, Seaport Research Partners upped their price objective on NVIDIA from $140.00 to $180.00 and gave the stock a “sell” rating in a research note on Thursday, May 21st. Three investment analysts have rated the stock with a Strong Buy rating, forty-eight have issued a Buy rating and three have assigned a Hold rating to the company’s stock. According to MarketBeat, the company presently has an average rating of “Buy” and an average price target of $305.67.

Insider Transactions at NVIDIA

In other NVIDIA 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 transaction of $3,343,815.00. Following the transaction, the director owned 116,135 shares in the company, valued at $25,053,803.55. This trade represents a 11.77% decrease in their position. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is available at this hyperlink. Also, CFO Colette Kress sold 42,650 shares of the stock in a transaction on 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 in the company, 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 1,300,457 shares of company stock worth $274,041,153 over the last quarter. 3.94% of the stock is currently owned by corporate insiders.

NVIDIA Stock Down 1.3%

NVDA stock opened at $204.65 on Thursday. The company has a debt-to-equity ratio of 0.04, a current ratio of 3.44 and a quick ratio of 2.85. The stock has a market capitalization of $4.95 trillion, a price-to-earnings ratio of 31.34, a PEG ratio of 0.46 and a beta of 2.22. The business’s fifty day moving average price is $208.68 and its two-hundred day moving average price is $192.01. NVIDIA Corporation has a fifty-two week low of $142.03 and a fifty-two week high of $236.54.

NVIDIA (NASDAQ:NVDA) last posted its quarterly earnings data 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 firm had revenue of $81.62 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 company’s quarterly revenue was up 85.2% compared to the same quarter last year. During the same quarter last year, the business earned $0.81 EPS. On average, equities analysts anticipate that NVIDIA Corporation will post 8.65 earnings per share for the current year.

NVIDIA Increases Dividend

The company also recently disclosed a quarterly dividend, which will be paid on Friday, June 26th. Shareholders of record on Thursday, June 4th will be given a dividend of $0.25 per share. This represents a $1.00 annualized dividend and a 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 (DPR) is 15.31%.

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

NVIDIA News Summary

Here are the key news stories impacting NVIDIA this week:

• Positive Sentiment: NVIDIA’s bond sale drew strong demand, with reports that the company booked about $85 billion in orders for its jumbo debt offering. That suggests investors still see NVDA as a high-quality credit and gives the company more flexibility to fund its AI infrastructure buildout. Article Title
• Positive Sentiment: Several articles highlighted continued AI demand and upbeat commentary around NVIDIA’s growth, including strong revenue, expanding margins, and analyst views that the stock still looks attractive relative to peers. Article Title
• Positive Sentiment: Recent partnerships and ecosystem wins, including HPE’s AI Factory expansion with NVIDIA and other data-center related deals, reinforce NVDA’s central role in AI infrastructure. Article Title
• Neutral Sentiment: NVIDIA executives, including Jensen Huang, continued to promote AI as a long-term driver for U.S. manufacturing and jobs, but these comments were mostly thematic and did not include a new financial catalyst. Article Title
• Negative Sentiment: Multiple reports warned that NVIDIA could face an AI funding squeeze as customers and infrastructure partners rely more heavily on debt and become more disciplined about capital spending. That concern is weighing on sentiment across AI stocks, including NVDA. Article Title
• Negative Sentiment: Short-seller Jim Chanos’ comparison of the AI buildout to the dot-com era added to worries that the current AI capex boom could eventually slow or disappoint, pressuring sentiment on NVIDIA and peers. Article Title
• Negative Sentiment: There were also repeated headlines about NVIDIA being “under pressure” and lagging some semiconductor peers, reflecting investor concern that the stock may be pausing after a huge run and facing valuation scrutiny. Article Title

About NVIDIA

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.