Altimeter Capital Management LP Has $1.51 Billion Stake in NVIDIA Corporation $NVDA

Altimeter Capital Management LP lifted its position in shares of NVIDIA Corporation (NASDAQ:NVDA) by 6.0% in the fourth quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The fund owned 8,099,773 shares of the computer hardware maker’s stock after acquiring an additional 454,875 shares during the quarter. NVIDIA makes up about 22.7% of Altimeter Capital Management LP’s investment portfolio, making the stock its largest position. Altimeter Capital Management LP’s holdings in NVIDIA were worth $1,510,608,000 at the end of the most recent reporting period.

Other institutional investors and hedge funds also recently made changes to their positions in the company. Diversified Enterprises LLC grew its stake in shares of NVIDIA by 44.2% during the fourth quarter. Diversified Enterprises LLC now owns 127,604 shares of the computer hardware maker’s stock worth $23,798,000 after purchasing an additional 39,129 shares during the period. PMG Family Office LLC acquired a new stake in shares of NVIDIA during the third quarter worth $2,150,000. ASR Vermogensbeheer N.V. grew its stake in shares of NVIDIA by 1.8% during the fourth quarter. ASR Vermogensbeheer N.V. now owns 3,169,377 shares of the computer hardware maker’s stock worth $591,086,000 after purchasing an additional 54,877 shares during the period. Weaver Capital Management LLC grew its stake in NVIDIA by 5.5% in the fourth quarter. Weaver Capital Management LLC now owns 85,216 shares of the computer hardware maker’s stock valued at $15,893,000 after acquiring an additional 4,439 shares during the period. Finally, Circle Wealth Management LLC grew its stake in NVIDIA by 16.1% in the third quarter. Circle Wealth Management LLC now owns 107,787 shares of the computer hardware maker’s stock valued at $20,111,000 after acquiring an additional 14,936 shares during the period. Institutional investors own 65.27% of the company’s stock.

Insider Transactions at NVIDIA

In related news, Director Stephen C. Neal sold 15,500 shares of the company’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 sale, the director owned 116,135 shares in the company, 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 hyperlink. Also, CFO Colette Kress sold 42,650 shares of the company’s 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 sale, 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. Additional details regarding this sale are available in the official SEC disclosure. Insiders sold 1,300,457 shares of company stock valued at $274,041,153 over the last three months. 3.94% of the stock is currently owned by corporate insiders.

Analysts Set New Price Targets

Several equities analysts have recently weighed in on the company. BTIG Research assumed coverage on NVIDIA in a report on Wednesday, April 15th. They set a “buy” rating on the stock. Wall Street Zen upgraded NVIDIA from a “buy” rating to a “strong-buy” rating in a research report on Saturday, May 23rd. TD Cowen reiterated a “buy” rating and issued a $275.00 price objective (up from $235.00) on shares of NVIDIA in a research report on Friday, May 15th. UBS Group boosted their price objective on NVIDIA from $275.00 to $280.00 and gave the company a “buy” rating in a research report on Thursday, May 21st. Finally, Wedbush boosted their price objective on NVIDIA from $300.00 to $330.00 and gave the company an “outperform” rating in a research report 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 stock. According to data from MarketBeat, the company has a consensus rating of “Buy” and a consensus price target of $305.67.

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 P/E ratio of 31.34, a P/E/G ratio of 0.46 and a beta of 2.22. The business has a 50-day moving average of $208.68 and a 200-day moving average of $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 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 period in the prior year, the firm earned $0.81 earnings per share. On average, sell-side analysts anticipate that NVIDIA Corporation will post 8.65 earnings per share for the current fiscal year.

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 buy 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 company also recently disclosed a quarterly dividend, which will be paid on Friday, June 26th. Stockholders of record on Thursday, June 4th will be given a dividend of $0.25 per share. This is an increase from NVIDIA’s previous quarterly dividend of $0.01. This represents a $1.00 annualized dividend and a dividend yield of 0.5%. The ex-dividend date of this dividend is Thursday, June 4th. NVIDIA’s payout ratio is currently 15.31%.

Trending Headlines about NVIDIA

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

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.