Beck Bode LLC Cuts Stock Holdings in NVIDIA Corporation $NVDA

Beck Bode LLC lowered its holdings in shares of NVIDIA Corporation (NASDAQ:NVDA) by 3.5% during the 4th quarter, Holdings Channel reports. The fund owned 170,217 shares of the computer hardware maker’s stock after selling 6,183 shares during the period. NVIDIA makes up approximately 5.3% of Beck Bode LLC’s portfolio, making the stock its largest holding. Beck Bode LLC’s holdings in NVIDIA were worth $31,745,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

Several other hedge funds have also recently added to or reduced their stakes in the business. State Street Corp raised its stake in shares of NVIDIA by 1.0% in the 2nd quarter. State Street Corp now owns 978,208,862 shares of the computer hardware maker’s stock worth $154,556,803,000 after buying an additional 9,554,857 shares in the last quarter. Geode Capital Management LLC raised its stake in shares of NVIDIA by 1.5% in the 2nd quarter. Geode Capital Management LLC now owns 579,213,497 shares of the computer hardware maker’s stock worth $91,150,170,000 after buying an additional 8,521,936 shares in the last quarter. Norges Bank bought a new stake in shares of NVIDIA in the 2nd quarter worth $51,386,863,000. Legal & General Group Plc raised its stake in shares of NVIDIA by 1.5% in the 3rd quarter. Legal & General Group Plc now owns 181,203,035 shares of the computer hardware maker’s stock worth $33,808,862,000 after buying an additional 2,609,560 shares in the last quarter. Finally, Capital Research Global Investors raised its stake in shares of NVIDIA by 16.1% in the 3rd quarter. Capital Research Global Investors now owns 165,377,852 shares of the computer hardware maker’s stock worth $30,855,564,000 after buying an additional 22,896,705 shares in the last quarter. Institutional investors own 65.27% of the company’s stock.

Insider Buying and Selling at NVIDIA

In other news, EVP Ajay K. Puri sold 300,000 shares of NVIDIA stock in a transaction on Wednesday, March 18th. The stock was sold at an average price of $182.25, for a total transaction of $54,675,000.00. Following the transaction, the executive vice president owned 3,018,547 shares in the company, valued at approximately $550,130,190.75. The trade was a 9.04% decrease in their ownership of the stock. The sale was disclosed in a filing with the SEC, which can be accessed through the SEC website. Also, Director Mark A. Stevens sold 500,000 shares of NVIDIA stock in a transaction on Thursday, June 4th. The shares were sold at an average price of $219.83, for a total value of $109,915,000.00. Following the transaction, the director owned 6,399,771 shares in the company, valued at $1,406,861,658.93. This represents a 7.25% decrease in their position. The SEC filing for this sale provides additional information. Insiders have sold a total of 1,922,461 shares of company stock valued at $387,385,083 in the last ninety days. Company insiders own 3.94% of the company’s stock.

NVIDIA Stock Performance

Shares of NASDAQ NVDA opened at $205.10 on Friday. The company has a quick ratio of 2.85, a current ratio of 3.44 and a debt-to-equity ratio of 0.04. The stock has a market capitalization of $4.96 trillion, a price-to-earnings ratio of 31.41, a PEG ratio of 0.46 and a beta of 2.22. The stock’s fifty day simple moving average is $203.37 and its 200 day simple moving average is $190.55. NVIDIA Corporation has a 52-week low of $140.85 and a 52-week high of $236.54.

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 analysts’ consensus estimates of $1.76 by $0.11. NVIDIA had a return on equity of 96.94% and a net margin of 62.97%.The business had revenue of $81.62 billion for the quarter, compared to analysts’ expectations of $78.42 billion. During the same period in the previous year, the firm posted $0.81 EPS. The company’s quarterly revenue was up 85.2% on a year-over-year basis. As a group, sell-side analysts forecast that NVIDIA Corporation will post 8.61 earnings per share for the current fiscal year.

NVIDIA declared that its Board of Directors has authorized a share repurchase plan on Wednesday, May 20th that allows the company to buyback $80.00 billion in outstanding shares. This buyback authorization allows the computer hardware maker to buy up to 1.5% of its stock through open market purchases. Stock buyback plans are usually a sign that the company’s management believes its stock is undervalued.

NVIDIA Increases Dividend

The firm also recently declared a quarterly dividend, which will be paid on Friday, June 26th. Stockholders of record on Thursday, June 4th will be issued a dividend of $0.25 per share. This is a positive change 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%. The ex-dividend date is Thursday, June 4th. NVIDIA’s dividend payout ratio is presently 15.31%.

Wall Street Analysts Forecast Growth

A number of analysts have recently commented on the company. Itau BBA Securities reissued a “market perform” rating on shares of NVIDIA in a research note on Thursday, February 26th. UBS Group boosted their price objective on NVIDIA from $275.00 to $280.00 and gave the stock a “buy” rating in a research note on Thursday, May 21st. HSBC reissued a “buy” rating and issued a $325.00 price objective (up from $295.00) on shares of NVIDIA in a research note on Tuesday, May 19th. Bank of America restated a “buy” rating and issued a $350.00 target price (up from $320.00) on shares of NVIDIA in a report on Thursday, May 21st. Finally, Needham & Company LLC restated a “buy” rating and issued a $270.00 target price on shares of NVIDIA in a report 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 assigned a Hold rating to the company. According to MarketBeat, the stock currently has an average rating of “Buy” and an average target price of $305.67.

Key NVIDIA News

Here are the key news stories impacting NVIDIA this week:

• Positive Sentiment: NVIDIA continues to win bullish analyst coverage, with firms like China Renaissance and KeyBanc reiterating optimistic views and high price targets, reinforcing expectations for further upside. China Renaissance rating update
• Positive Sentiment: NVIDIA’s ecosystem is expanding, including a major AI partnership with Taiwan Semiconductor and new collaborations across software, memory, and connectivity, which supports future demand for its AI platforms. Taiwan Semiconductor Manufacturing Signs Major AI Deal With Nvidia
• Positive Sentiment: Jensen Huang’s trip to South Korea has highlighted new growth avenues, including robotics and deeper supplier relationships, adding to NVIDIA’s long-term growth narrative. Nvidia CEO sees robotics as next major sector in South Korea
• Positive Sentiment: Recent commentary says NVIDIA’s Blackwell ramp, CUDA software moat, and AI inference exposure keep the growth story strong, helping investors view pullbacks as buyable. Analyst Picks NVIDIA Over Every Other AI Chip Stock Right Now
• Positive Sentiment: The company’s new PC chip push and RTX Spark product could open another growth lane beyond data centers, even if the market is still digesting the near-term implications. Nvidia’s PC Chip Reveal Obscures a Bigger Catalyst for the Stock
• Neutral Sentiment: NVIDIA recently reported strong quarterly results, beat revenue and EPS estimates, and authorized an $80 billion buyback plus a much larger dividend, but those positives are already well known and may be partly priced in. NVIDIA insider trades report
• Negative Sentiment: Broad semiconductor weakness and softer risk appetite after strong jobs data have pressured AI chip stocks, with investors questioning whether the sector’s valuation has gotten ahead of fundamentals. Nvidia stock crashes another 3% today: why Computex failed to spark a rally
• Negative Sentiment: Senator Elizabeth Warren’s invitation for Jensen Huang to testify on China chip sales adds regulatory and export-control overhang around NVIDIA’s business in China. Warren invites Nvidia CEO Jensen Huang to Senate hearing on China AI chip sales
• Negative Sentiment: Director Mark Stevens’ large share sale is also weighing on sentiment, since insider selling can make investors cautious even when the underlying business remains strong. NVIDIA insider trading filing

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.