Cardinal Point Capital Management ULC Increases Holdings in NVIDIA Corporation $NVDA

Cardinal Point Capital Management ULC lifted its holdings in NVIDIA Corporation (NASDAQ:NVDA) by 302.0% in the first quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission. The fund owned 153,068 shares of the computer hardware maker’s stock after acquiring an additional 114,989 shares during the period. NVIDIA accounts for approximately 1.6% of Cardinal Point Capital Management ULC’s holdings, making the stock its 16th biggest holding. Cardinal Point Capital Management ULC’s holdings in NVIDIA were worth $26,696,000 as of its most recent SEC filing.

Other institutional investors and hedge funds also recently added to or reduced their stakes in the company. Lifetime Wealth Management P.C. purchased a new position in shares of NVIDIA during the 4th quarter worth about $26,000. Longfellow Investment Management Co. LLC raised its position in NVIDIA by 47.9% in the 2nd quarter. Longfellow Investment Management Co. LLC now owns 207 shares of the computer hardware maker’s stock worth $33,000 after purchasing an additional 67 shares during the period. Inspire Investing LLC purchased a new stake in NVIDIA in the 4th quarter worth about $44,000. AlphaCentric Advisors LLC bought a new stake in NVIDIA in the fourth quarter worth about $45,000. Finally, Spurstone Advisory Services LLC purchased a new position in shares of NVIDIA during the second quarter valued at approximately $40,000. Hedge funds and other institutional investors own 65.27% of the company’s stock.

Wall Street Analyst Weigh In

NVDA has been the topic of several recent analyst reports. President Capital increased their price target on NVIDIA from $280.00 to $295.00 and gave the stock a “buy” rating in a report on Thursday, May 21st. Barclays reaffirmed an “overweight” rating on shares of NVIDIA in a research report on Thursday, May 21st. Sanford C. Bernstein reiterated a “buy” rating on shares of NVIDIA in a research note on Monday. BNP Paribas Exane lifted their target price on NVIDIA from $270.00 to $285.00 and gave the stock an “outperform” rating in a research report on Thursday, May 21st. Finally, William Blair reissued an “outperform” rating on shares of NVIDIA in a research note on Tuesday, June 2nd. Three investment analysts have rated the stock with a Strong Buy rating, forty-eight have assigned a Buy rating and three have given a Hold rating to the company. Based on data from MarketBeat.com, NVIDIA presently has a consensus rating of “Buy” and an average price target of $303.84.

NVIDIA Stock Performance

NVDA stock opened at $200.09 on Wednesday. NVIDIA Corporation has a 1-year low of $151.49 and a 1-year high of $236.54. The business has a 50-day moving average price of $210.57 and a 200 day moving average price of $193.24. The company has a market capitalization of $4.84 trillion, a P/E ratio of 30.64, a PEG ratio of 0.43 and a beta of 2.22. The company has a debt-to-equity ratio of 0.04, a current ratio of 3.44 and a quick ratio of 2.85.

NVIDIA (NASDAQ:NVDA) last issued its earnings results 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. NVIDIA had a net margin of 62.97% and a return on equity of 96.94%. The company had revenue of $81.61 billion for the quarter, compared to analysts’ expectations of $78.42 billion. During the same period in the prior year, the business earned $0.81 EPS. The firm’s quarterly revenue was up 85.2% on a year-over-year basis. As a group, equities research analysts forecast that NVIDIA Corporation will post 8.69 EPS for the current fiscal year.

NVIDIA Increases Dividend

The firm also recently disclosed a quarterly dividend, which was paid on Friday, June 26th. Investors of record on Thursday, June 4th were issued a dividend of $0.25 per share. The ex-dividend date of this dividend was Thursday, June 4th. This is a positive change from NVIDIA’s previous quarterly dividend of $0.01. This represents a $1.00 annualized dividend and a yield of 0.5%. NVIDIA’s dividend payout ratio is 15.31%.

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

Key Headlines Impacting NVIDIA

Here are the key news stories impacting NVIDIA this week:

• Positive Sentiment: NVIDIA continues to get bullish coverage tied to AI infrastructure growth, with multiple articles highlighting strong revenue trends, upbeat analyst ratings, and price targets that still imply meaningful upside. Article Title
• Positive Sentiment: Palantir and NVIDIA announced a sovereign AI partnership for U.S. government and infrastructure customers, reinforcing demand for NVIDIA’s chips and Nemotron models in secure enterprise and public-sector deployments. Article Title
• Positive Sentiment: Articles also pointed to NVIDIA’s expansion into robotics, physical AI, and next-generation data-center infrastructure, which supports the idea that the company can keep growing beyond its core GPU business. Article Title
• Positive Sentiment: Bernstein reiterated an outperform view, and several reports noted strong institutional and analyst support, suggesting Wall Street still sees NVIDIA as a leader in AI compute demand. Article Title
• Neutral Sentiment: Some articles framed NVIDIA as a “summer swoon” or “underperformance” story versus the broader chip sector, but these pieces largely focused on sentiment and relative performance rather than a new fundamental problem. Article Title
• Neutral Sentiment: Coverage of insider selling and market-cap declines in the Magnificent Seven may weigh on sentiment, but the selling appears to be more about portfolio rotation and pre-planned transactions than a direct business warning. Article Title
• Negative Sentiment: NVIDIA has lagged chip peers this year, and several articles emphasized that the stock has fallen behind the semiconductor rally, raising concerns that expectations may be cooling after a huge AI run-up. Article Title
• Negative Sentiment: Competition remains a recurring concern, with pieces highlighting AMD’s push into data-center AI infrastructure and TSMC being favored by some analysts as the better near-term semiconductor pick. Article Title
• Negative Sentiment: Some commentary flagged a bearish technical setup and a negative short-term trend, which may be contributing to today’s weakness despite the strong long-term AI narrative. Article Title

Insider Activity at NVIDIA

In related news, Director John Dabiri sold 625 shares of the business’s stock in a transaction that occurred on Wednesday, May 27th. The shares were sold at an average price of $214.00, for a total value of $133,750.00. Following the completion of the transaction, the director owned 14,163 shares of the company’s stock, valued at $3,030,882. The trade was a 4.23% decrease in their ownership of the stock. The sale was disclosed in a filing with the SEC, which is available at the SEC website. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Also, Director Stephen C. Neal sold 15,500 shares of the company’s stock in a transaction on Wednesday, June 3rd. The stock was sold at an average price of $215.73, for a total value of $3,343,815.00. Following the sale, the director owned 116,135 shares of the company’s stock, valued at approximately $25,053,803.55. This represents a 11.77% decrease in their position. The disclosure for this sale is available in the SEC filing. Insiders have sold a total of 1,901,125 shares of company stock valued at $410,583,015 over the last ninety days. 3.94% of the stock is owned by company insiders.

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.