AGP Franklin LLC Has $13.08 Million Position in NVIDIA Corporation $NVDA

AGP Franklin LLC boosted its position in shares of NVIDIA Corporation (NASDAQ:NVDA) by 9.0% during the first quarter, according to its most recent disclosure with the Securities & Exchange Commission. The institutional investor owned 75,022 shares of the computer hardware maker’s stock after buying an additional 6,212 shares during the period. NVIDIA makes up approximately 6.5% of AGP Franklin LLC’s investment portfolio, making the stock its largest position. AGP Franklin LLC’s holdings in NVIDIA were worth $13,084,000 at the end of the most recent reporting period.

Several other hedge funds have also recently bought and sold shares of the company. Lifetime Wealth Management P.C. acquired a new stake in NVIDIA in the fourth quarter valued at about $26,000. Longfellow Investment Management Co. LLC raised 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 worth $33,000 after acquiring an additional 67 shares in the last quarter. Spurstone Advisory Services LLC acquired a new position in NVIDIA during the second quarter worth about $40,000. Inspire Investing LLC bought a new position in shares of NVIDIA in the fourth quarter worth about $44,000. Finally, AlphaCentric Advisors LLC bought a new position in shares of NVIDIA in the fourth quarter worth about $45,000. 65.27% of the stock is owned by institutional investors.

Key NVIDIA News

Here are the key news stories impacting NVIDIA this week:

• Positive Sentiment: Several analysts and commentators still argue that NVIDIA’s growth story remains intact, citing strong demand for Blackwell chips, continuing hyperscaler spending, and the company’s entrenched CUDA software moat. Why Cerebras’ Mind-Boggling LLM Raw Speed Is Still Falling Into Nvidia’s Massive Software Trap
• Positive Sentiment: NVIDIA also benefited from coverage pointing to expanding AI infrastructure demand and new use cases, including AWS partnerships and data-center networking growth, which reinforce the company’s long-term AI leadership. NVIDIA (NVDA), AWS (AMZN) Partner to Boost Production-Scale AI with Blackwell-Powered Instances
• Neutral Sentiment: Optimistic pieces also highlighted NVIDIA’s valuation and long-term upside, arguing the stock may still have room to run if AI spending stays strong. How Much Upside Can NVDA Stock’s Growth Deliver?
• Negative Sentiment: The main drag is a broad AI and semiconductor pullback, with reports saying the Nasdaq sold off sharply and NVIDIA fell alongside Micron and SanDisk as investors backed away from crowded tech trades. Stock Market Today: Small Caps Edge Lower As Dow Goes Flat; Heavy Construction Play Surges (Live Coverage)
• Negative Sentiment: There is also growing concern that competition is intensifying, with rivals and customers exploring custom chips and alternative AI hardware, which could pressure NVIDIA’s pricing power over time. Why everyone from OpenAI to SpaceX is building their own chips (and turning up the heat on Nvidia)

Insider Transactions at NVIDIA

In related news, Director Stephen C. Neal sold 15,500 shares of NVIDIA stock in a transaction on Wednesday, June 3rd. The shares were sold at an average price of $215.73, for a total transaction of $3,343,815.00. Following the completion of the transaction, the director owned 116,135 shares of the company’s stock, valued at $25,053,803.55. This trade represents a 11.77% decrease in their ownership of the stock. The sale was disclosed in a filing with the Securities & Exchange Commission, which is available at the SEC website. Also, Director Mark A. Stevens sold 885,000 shares of the business’s stock in a transaction on Thursday, June 18th. The shares were sold at an average price of $210.17, for a total transaction of $186,000,450.00. Following the completion of the transaction, the director owned 5,207,271 shares in the company, valued at approximately $1,094,412,146.07. The trade was a 14.53% decrease in their position. The disclosure for this sale is available in the SEC filing. In the last 90 days, insiders have sold 1,901,125 shares of company stock worth $410,583,015. Company insiders own 3.94% of the company’s stock.

Wall Street Analyst Weigh In

Several equities research analysts recently issued reports on NVDA shares. Benchmark reaffirmed a “buy” rating and set a $335.00 price target (up from $250.00) on shares of NVIDIA in a report on Thursday, May 21st. Stifel Nicolaus set a $282.00 price objective on shares of NVIDIA and gave the company a “buy” rating in a research note on Thursday, May 21st. Raymond James Financial restated a “strong-buy” rating and issued a $330.00 target price on shares of NVIDIA in a research report on Thursday, May 21st. DA Davidson reiterated a “buy” rating and set a $300.00 price target on shares of NVIDIA in a report on Monday, June 1st. Finally, Susquehanna reiterated a “positive” rating and issued a $275.00 price target (up from $250.00) on shares of NVIDIA in a research note on Tuesday, May 12th. 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. Based on data from MarketBeat.com, the stock currently has an average rating of “Buy” and an average target price of $303.84.

NVIDIA Stock Down 1.6%

Shares of NVDA opened at $192.53 on Friday. The company has a market capitalization of $4.66 trillion, a PE ratio of 29.48, a PEG ratio of 0.44 and a beta of 2.22. NVIDIA Corporation has a 12 month low of $151.49 and a 12 month high of $236.54. The stock’s 50-day moving average price is $210.66 and its two-hundred day moving average price is $193.00. 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 (NASDAQ:NVDA) last issued its quarterly earnings results 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. NVIDIA had a return on equity of 96.94% and a net margin of 62.97%.The company had revenue of $81.61 billion during the quarter, compared to analysts’ expectations of $78.42 billion. During the same quarter in the prior year, the firm posted $0.81 earnings per share. The business’s quarterly revenue was up 85.2% on a year-over-year basis. On average, analysts anticipate that NVIDIA Corporation will post 8.69 EPS for the current year.

NVIDIA announced that its board has approved a stock 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 shares through open market purchases. Shares buyback programs are typically a sign that the company’s board of directors believes its stock is undervalued.

NVIDIA Increases Dividend

The company also recently declared a quarterly dividend, which was paid on Friday, June 26th. Stockholders of record on Thursday, June 4th were given a $0.25 dividend. This is an increase from NVIDIA’s previous quarterly dividend of $0.01. The ex-dividend date was Thursday, June 4th. This represents a $1.00 dividend on an annualized basis and a dividend yield of 0.5%. NVIDIA’s dividend payout ratio is presently 15.31%.

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.