NVIDIA Corporation $NVDA Shares Sold by Axxcess Wealth Management LLC

Axxcess Wealth Management LLC cut its stake in NVIDIA Corporation (NASDAQ:NVDA) by 15.0% in the 1st quarter, HoldingsChannel reports. The fund owned 510,231 shares of the computer hardware maker’s stock after selling 90,039 shares during the period. NVIDIA accounts for approximately 2.8% of Axxcess Wealth Management LLC’s holdings, making the stock its 5th largest holding. Axxcess Wealth Management LLC’s holdings in NVIDIA were worth $88,396,000 at the end of the most recent reporting period.

A number of other hedge funds have also made changes to their positions in the stock. Diversified Enterprises LLC grew its stake in shares of NVIDIA by 44.2% in the 4th quarter. Diversified Enterprises LLC now owns 127,604 shares of the computer hardware maker’s stock valued at $23,798,000 after buying an additional 39,129 shares in the last quarter. ASR Vermogensbeheer N.V. lifted its stake in NVIDIA by 1.8% in the fourth quarter. ASR Vermogensbeheer N.V. now owns 3,169,377 shares of the computer hardware maker’s stock valued at $591,086,000 after acquiring an additional 54,877 shares during the last quarter. PMG Family Office LLC bought a new stake in NVIDIA in the third quarter worth approximately $2,150,000. Storen Legacy Partners LLC bought a new stake in NVIDIA in the fourth quarter worth approximately $1,350,000. Finally, Weaver Capital Management LLC increased its stake in shares of NVIDIA by 5.5% during the 4th quarter. Weaver Capital Management LLC now owns 85,216 shares of the computer hardware maker’s stock worth $15,893,000 after purchasing an additional 4,439 shares during the last quarter. Institutional investors and hedge funds own 65.27% of the company’s stock.

Insider Buying and Selling

In related news, Director Mark A. Stevens sold 885,000 shares of the business’s stock in a transaction dated Thursday, June 18th. The stock was 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 of the company’s stock, valued at approximately $1,094,412,146.07. The trade was a 14.53% decrease in their position. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is accessible through this hyperlink. Also, Director Stephen C. Neal sold 15,500 shares of the stock in a transaction that occurred on Wednesday, June 3rd. The shares were 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. The trade was a 11.77% decrease in their position. The SEC filing for this sale provides additional information. In the last 90 days, insiders sold 1,901,125 shares of company stock valued at $410,583,015. Insiders own 3.94% of the company’s stock.

NVIDIA News Summary

Here are the key news stories impacting NVIDIA this week:

• Positive Sentiment: NVIDIA expanded its AI footprint in Japan with new partnerships across robotics, manufacturing, and public-sector infrastructure, including a national AI infrastructure initiative and the launch of Cosmos 3 Edge and Nemotron-based local AI projects. These moves reinforce NVDA’s role as the core platform for physical AI and could support long-term demand. Japan Government, Industrial Leaders and NVIDIA Launch the World’s First National AI Infrastructure
• Positive Sentiment: Multiple analysts raised earnings estimates for NVIDIA, with KeyCorp and Erste Group boosting forecasts and maintaining bullish ratings/price targets. That suggests Wall Street still sees strong profit growth ahead.
• Positive Sentiment: TSMC reported strong AI-driven demand, which is a positive read-through for NVIDIA’s supply chain and ongoing chip demand. TSMC Just Announced Fantastic News for Nvidia Shareholders
• Neutral Sentiment: Apple briefly overtook NVIDIA as the world’s most valuable company, highlighting a rotation in mega-cap leadership and renewed investor doubts about how much AI upside is already priced into NVDA. Apple dethrones Nvidia as world’s most valuable company, ending the chipmaker’s long run at the top
• Neutral Sentiment: Several articles point to a broader semiconductor sell-off and “sell the news” behavior in AI and chip stocks, which appears to be pressuring NVDA along with peers rather than reflecting a company-specific setback. Why Nvidia stock is down around 2.5% on Thursday
• Negative Sentiment: Market commentary from Jim Cramer and other bearish notes on semiconductors suggest some investors are rotating out of chip stocks, adding near-term pressure to NVDA sentiment. Jim Cramer Says Semiconductor Stocks Are “Going Down.” Buy These 2 Dividend Stocks Instead

Wall Street Analyst Weigh In

A number of research firms have recently weighed in on NVDA. Tigress Financial restated a “strong-buy” rating and set a $425.00 price target (up from $360.00) on shares of NVIDIA in a report on Wednesday, May 27th. Zacks Research cut shares of NVIDIA from a “strong-buy” rating to a “hold” rating in a report on Thursday, May 21st. Benchmark reissued a “buy” rating and set a $335.00 target price (up from $250.00) on shares of NVIDIA in a research report on Thursday, May 21st. BTIG Research initiated coverage on NVIDIA in a report on Wednesday, April 15th. They set a “buy” rating on the stock. Finally, Wall Street Zen cut NVIDIA from a “strong-buy” rating to a “buy” rating in a research report on Saturday, July 4th. Two investment analysts have rated the stock with a Strong Buy rating, forty-eight have given a Buy rating and three have given a Hold rating to the company. Based on data from MarketBeat.com, the stock presently has a consensus rating of “Moderate Buy” and a consensus price target of $304.26.

NVIDIA Stock Performance

NASDAQ:NVDA opened at $202.81 on Friday. NVIDIA Corporation has a 1 year low of $164.07 and a 1 year high of $236.54. The firm’s fifty day simple moving average is $209.63 and its 200 day simple moving average is $195.10. The company has a current ratio of 3.44, a quick ratio of 2.85 and a debt-to-equity ratio of 0.04. The firm has a market capitalization of $4.91 trillion, a PE ratio of 31.06, a PEG ratio of 0.45 and a beta of 2.21.

NVIDIA (NASDAQ:NVDA) last released its earnings results on Wednesday, May 20th. The computer hardware maker reported $1.87 earnings per share for the quarter, topping analysts’ consensus estimates of $1.76 by $0.11. NVIDIA had a net margin of 62.97% and a return on equity of 96.94%. The firm had revenue of $81.61 billion during the quarter, compared to analyst estimates of $78.42 billion. During the same quarter in the previous year, the business earned $0.81 EPS. The business’s revenue was up 85.2% on a year-over-year basis. On average, sell-side analysts anticipate that NVIDIA Corporation will post 8.79 EPS for the current year.

NVIDIA declared that its Board of Directors has initiated a share buyback 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 shares through open market purchases. Shares buyback programs are typically a sign that the company’s management believes its stock is undervalued.

NVIDIA Increases Dividend

The firm also recently disclosed a quarterly dividend, which was paid on Friday, June 26th. Stockholders of record on Thursday, June 4th were paid a $0.25 dividend. The ex-dividend date was Thursday, June 4th. This is a boost from NVIDIA’s previous quarterly dividend of $0.01. 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%.

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.