Elevated Capital Advisors LLC Boosts Stock Position in NVIDIA Corporation $NVDA

Elevated Capital Advisors LLC lifted its holdings in shares of NVIDIA Corporation (NASDAQ:NVDA) by 31.3% in the 1st quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission (SEC). The firm owned 36,272 shares of the computer hardware maker’s stock after buying an additional 8,644 shares during the quarter. NVIDIA makes up approximately 1.6% of Elevated Capital Advisors LLC’s investment portfolio, making the stock its 15th largest position. Elevated Capital Advisors LLC’s holdings in NVIDIA were worth $6,326,000 as of its most recent SEC filing.

A number of other hedge funds and other institutional investors have also recently made changes to their positions in the business. Texas Bank & Trust Co lifted its position in shares of NVIDIA by 1.2% during the 1st quarter. Texas Bank & Trust Co now owns 36,072 shares of the computer hardware maker’s stock valued at $6,291,000 after buying an additional 416 shares in the last quarter. Waterfront Wealth Inc. increased its holdings in NVIDIA by 1.1% in the 1st quarter. Waterfront Wealth Inc. now owns 12,761 shares of the computer hardware maker’s stock worth $2,226,000 after acquiring an additional 145 shares in the last quarter. Robinson Smith Wealth Advisors LLC raised its position in NVIDIA by 83.7% during the first quarter. Robinson Smith Wealth Advisors LLC now owns 2,521 shares of the computer hardware maker’s stock worth $440,000 after acquiring an additional 1,149 shares during the period. Griffin Asset Management Inc. raised its position in NVIDIA by 18.5% during the first quarter. Griffin Asset Management Inc. now owns 90,154 shares of the computer hardware maker’s stock worth $15,723,000 after acquiring an additional 14,093 shares during the period. Finally, Forza Wealth Management LLC lifted its holdings in NVIDIA by 23.1% during the first quarter. Forza Wealth Management LLC now owns 1,477 shares of the computer hardware maker’s stock valued at $258,000 after purchasing an additional 277 shares in the last quarter. Hedge funds and other institutional investors own 65.27% of the company’s stock.

Insiders Place Their Bets

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 completion of the sale, the director directly owned 14,163 shares in the company, valued at $3,030,882. This represents a 4.23% decrease in their position. The sale was disclosed in a filing with the Securities & Exchange Commission, which is available through 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 firm’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 completion of the sale, the director directly 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. Additional details regarding this sale are available in the official SEC disclosure. Over the last 90 days, insiders have sold 1,901,125 shares of company stock valued at $410,583,015. Insiders own 3.94% of the company’s stock.

More NVIDIA News

Here are the key news stories impacting NVIDIA this week:

• Positive Sentiment: NVIDIA expanded Omniverse libraries in Agent Toolkit, strengthening its physical AI and simulation software ecosystem. Article Title
• Positive Sentiment: Bristol Myers Squibb expanded use of NVIDIA systems for drug discovery, highlighting demand beyond traditional tech customers. Article Title
• Positive Sentiment: QumulusAI bought 1,632 Blackwell GPUs, signaling continued strong appetite for NVIDIA’s AI hardware. Article Title
• Neutral Sentiment: Analysts and market commentary continue to frame NVIDIA as a long-term AI winner, but many pieces are mostly valuation-focused rather than new fundamental catalysts. Article Title
• Negative Sentiment: AMD’s Microsoft-backed Helios launch has intensified concerns about competitive pressure in AI data centers. Article Title
• Negative Sentiment: Broader semiconductor selloff and “AI bubble” worries may be capping upside and keeping investors cautious. Article Title

Wall Street Analysts Forecast Growth

NVDA has been the topic of several research analyst reports. Needham & Company LLC reiterated a “buy” rating and issued a $270.00 target price on shares of NVIDIA in a research report on Tuesday, June 2nd. Tigress Financial reaffirmed a “strong-buy” rating and issued a $425.00 price target (up from $360.00) on shares of NVIDIA in a research note on Wednesday, May 27th. Cantor Fitzgerald reiterated an “overweight” rating and issued a $350.00 price objective on shares of NVIDIA in a report on Thursday, May 21st. The Goldman Sachs Group reiterated a “buy” rating and set a $285.00 price objective (up from $250.00) on shares of NVIDIA in a research note on Wednesday, May 20th. Finally, Robert W. Baird set a $500.00 target price on NVIDIA and gave the company an “outperform” rating in a research report on Thursday, May 21st. Two investment analysts have rated the stock with a Strong Buy rating, forty-eight have given a Buy rating and three have issued a Hold rating to the stock. According to MarketBeat.com, the stock presently has a consensus rating of “Moderate Buy” and a consensus price target of $304.26.

NVIDIA Stock Performance

NVDA opened at $203.28 on Tuesday. NVIDIA Corporation has a twelve month low of $164.07 and a twelve month high of $236.54. The firm has a market capitalization of $4.92 trillion, a PE ratio of 31.13, a PEG ratio of 0.45 and a beta of 2.21. 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’s 50-day moving average price is $209.31 and its 200 day moving average price is $195.26.

NVIDIA (NASDAQ:NVDA) last issued its earnings results 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 business had revenue of $81.61 billion for 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%.The business’s revenue for the quarter was up 85.2% compared to the same quarter last year. During the same period in the previous year, the firm posted $0.81 EPS. As a group, sell-side analysts expect that NVIDIA Corporation will post 8.79 EPS for the current fiscal year.

NVIDIA declared that its Board of Directors has authorized a stock buyback program on Wednesday, May 20th that authorizes the company to buyback $80.00 billion in shares. This buyback authorization authorizes the computer hardware maker to reacquire up to 1.5% of its shares through open market purchases. Shares buyback programs are usually an indication that the company’s board of directors believes its stock is undervalued.

NVIDIA Increases Dividend

The business also recently disclosed a quarterly dividend, which was paid on Friday, June 26th. Shareholders of record on Thursday, June 4th were paid a dividend of $0.25 per share. This represents a $1.00 dividend on an annualized basis and a yield of 0.5%. This is an increase from NVIDIA’s previous quarterly dividend of $0.01. The ex-dividend date of this dividend was Thursday, June 4th. 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.