6,666,683 Shares in NVIDIA Corporation $NVDA Purchased by Employees Provident Fund Board

Employees Provident Fund Board bought a new stake in shares of NVIDIA Corporation (NASDAQ:NVDA) during the 4th quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission. The firm bought 6,666,683 shares of the computer hardware maker’s stock, valued at approximately $1,243,336,000. NVIDIA accounts for approximately 9.1% of Employees Provident Fund Board’s investment portfolio, making the stock its biggest position.

A number of other large investors also recently added to or reduced their stakes in the business. Strategic Advisory Partners LLC bought a new position in NVIDIA in the 4th quarter worth approximately $586,000. S Harris Financial Group LLC bought a new stake in shares of NVIDIA during the fourth quarter valued at approximately $3,074,000. EJMK Ventures LLC bought a new stake in shares of NVIDIA during the fourth quarter valued at approximately $4,449,000. Targeted Financial Services LLC purchased a new position in shares of NVIDIA in the fourth quarter worth $517,000. Finally, WMS Group LLC bought a new position in shares of NVIDIA during the fourth quarter worth $1,611,000. 65.27% of the stock is owned by hedge funds and other institutional investors.

Wall Street Analysts Forecast Growth

Several analysts have commented on the stock. Cantor Fitzgerald reiterated an “overweight” rating and issued a $350.00 price target on shares of NVIDIA in a research note on Thursday, May 21st. Mizuho set a $300.00 target price on NVIDIA in a report on Thursday, May 21st. Tigress Financial reiterated a “strong-buy” rating and issued a $425.00 target price (up from $360.00) on shares of NVIDIA in a research report on Wednesday, May 27th. BTIG Research assumed coverage on NVIDIA in a research report on Wednesday, April 15th. They set a “buy” rating for the company. Finally, Citic Securities lifted their price objective on shares of NVIDIA from $242.00 to $315.00 and gave the stock a “buy” rating in a research note on Friday, May 22nd. Three analysts have rated the stock with a Strong Buy rating, forty-eight have given a Buy rating and three have assigned a Hold rating to the company’s stock. According to MarketBeat, the company presently has a consensus rating of “Buy” and an average target price of $305.67.

NVIDIA Stock Performance

Shares of NASDAQ:NVDA opened at $210.69 on Monday. The company has a current ratio of 3.44, a quick ratio of 2.85 and a debt-to-equity ratio of 0.04. NVIDIA Corporation has a 12 month low of $142.03 and a 12 month high of $236.54. The company has a market capitalization of $5.10 trillion, a price-to-earnings ratio of 32.26, a PEG ratio of 0.47 and a beta of 2.22. The firm’s 50-day moving average is $209.90 and its 200 day moving average is $192.47.

NVIDIA (NASDAQ:NVDA) last announced its quarterly earnings data on Wednesday, May 20th. The computer hardware maker reported $1.87 earnings per share (EPS) for the quarter, topping the consensus estimate of $1.76 by $0.11. The business had revenue of $81.61 billion during the quarter, compared to the consensus estimate of $78.42 billion. NVIDIA had a net margin of 62.97% and a return on equity of 96.94%. The firm’s quarterly revenue was up 85.2% compared to the same quarter last year. During the same quarter last year, the firm earned $0.81 earnings per share. Research analysts predict that NVIDIA Corporation will post 8.65 EPS for the current year.

NVIDIA Increases Dividend

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

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

Insider Activity at NVIDIA

In other NVIDIA news, Director John Dabiri sold 625 shares of the company’s stock in a transaction on Wednesday, May 27th. The stock was sold at an average price of $214.00, for a total value of $133,750.00. Following the transaction, the director owned 14,163 shares of the company’s stock, valued at $3,030,882. This represents a 4.23% decrease in their position. The sale was disclosed in a legal filing with the SEC, which is available through this hyperlink. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Also, Director Mark A. Stevens sold 500,000 shares of the stock in a transaction on Thursday, June 4th. The stock was sold at an average price of $219.83, for a total value of $109,915,000.00. Following the completion of the sale, the director owned 6,399,771 shares in the company, valued at approximately $1,406,861,658.93. The trade was a 7.25% decrease in their position. The disclosure for this sale is available in the SEC filing. Insiders sold a total of 1,016,125 shares of company stock worth $224,582,565 in the last quarter. 3.94% of the stock is owned by company insiders.

Trending Headlines about NVIDIA

Here are the key news stories impacting NVIDIA this week:

• Positive Sentiment: Jensen Huang’s latest comments were interpreted as a sign that demand for NVIDIA’s AI hardware remains strong, reinforcing the view that the company still has room to grow from the AI buildout. 13 Words From Jensen Huang That Spell Good News for Nvidia Shareholders
• Positive Sentiment: Multiple reports highlighted NVIDIA’s expanding AI ecosystem, including XR AI/public beta, physical AI, and new partnerships, which supports the case that NVIDIA is moving beyond data centers into additional growth markets. How NVIDIA (NVDA) Is Extending Its AI Infrastructure Reach Into XR and Physical AI
• Positive Sentiment: NVIDIA was said to have taken the No. 1 spot in data-center Ethernet switching by revenue in Q1, underscoring that its networking business is becoming a more meaningful part of the AI stack. Nvidia takes No. 1 spot in data center ethernet switching by revenue in Q1: IDC
• Positive Sentiment: Analysts and market commentary continued to point to NVIDIA as a leading AI beneficiary versus weaker chip names, with several pieces framing it as a core alternative in the ongoing semiconductor rally. Analyst Warns Intel Valuation ‘Doesn’t Make Sense.’ Suggests NVIDIA, AMD, Micron, and Broadcom as Alternatives.
• Neutral Sentiment: Several articles noted that AI spending is broadening to suppliers, cloud providers, and custom-chip rivals, suggesting NVIDIA’s dominance is being challenged but not yet displaced. Google Is Using Nvidia’s Playbook to Build a Rival AI Chip Business
• Negative Sentiment: There were also warning signs for investors, including commentary that NVIDIA has slipped since its last earnings report and concerns that heavy AI infrastructure spending, debt financing, and competition from Amazon and Google could pressure long-term margins or growth rates. Nvidia (NVDA) Down 4% Since Last Earnings Report: Can It Rebound?

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.