NVIDIA Corporation $NVDA is SVB Wealth LLC’s 8th Largest Position

SVB Wealth LLC lifted its stake in shares of NVIDIA Corporation (NASDAQ:NVDA) by 6.4% during the fourth quarter, HoldingsChannel.com reports. The firm owned 248,106 shares of the computer hardware maker’s stock after purchasing an additional 14,962 shares during the quarter. NVIDIA makes up 2.7% of SVB Wealth LLC’s portfolio, making the stock its 8th largest position. SVB Wealth LLC’s holdings in NVIDIA were worth $46,272,000 at the end of the most recent quarter.

Several other large investors have also added to or reduced their stakes in NVDA. State Street Corp lifted its holdings in shares of NVIDIA by 1.0% in the second 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 grew its stake in NVIDIA by 1.5% during the second quarter. Geode Capital Management LLC now owns 579,213,497 shares of the computer hardware maker’s stock valued at $91,150,170,000 after acquiring an additional 8,521,936 shares in the last quarter. Norges Bank purchased a new position in NVIDIA during the second quarter valued at approximately $51,386,863,000. Legal & General Group Plc increased its holdings in NVIDIA by 1.5% during 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 acquiring an additional 2,609,560 shares during the period. Finally, Capital Research Global Investors increased its holdings in NVIDIA by 16.1% during 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 acquiring an additional 22,896,705 shares during the period. Institutional investors own 65.27% of the company’s stock.

Analyst Ratings Changes

Several brokerages have commented on NVDA. Citigroup began coverage on shares of NVIDIA in a report on Wednesday, April 15th. They issued a “buy” rating for the company. Barclays reiterated an “overweight” rating on shares of NVIDIA in a research report on Thursday, May 21st. Oppenheimer reissued an “outperform” rating and set a $265.00 price objective on shares of NVIDIA in a research note on Thursday, February 26th. UBS Group boosted their target price on NVIDIA from $275.00 to $280.00 and gave the stock a “buy” rating in a research report on Thursday, May 21st. Finally, Royal Bank Of Canada set a $280.00 target price on NVIDIA in a research note on Thursday, May 21st. Three investment analysts have rated the stock with a Strong Buy rating, forty-seven have given a Buy rating and three have assigned a Hold rating to the stock. According to data from MarketBeat.com, the company has an average rating of “Buy” and an average target price of $305.38.

Key Headlines Impacting NVIDIA

Here are the key news stories impacting NVIDIA this week:

• Positive Sentiment: Reuters reported that South Korea’s LG Group is adopting 10,000 NVIDIA GPUs, reinforcing continued international demand for NVDA’s AI hardware. Reuters: South Korea’s LG Group to adopt 10,000 Nvidia GPUs, Maeil says
• Positive Sentiment: NVIDIA’s AI ecosystem is expanding further through partner announcements, including new collaborations with companies such as Navitas and Akamai, which supports the idea that NVDA remains at the center of AI infrastructure spending. Proactive Investors: Nvidia, Akamai Technologies expand partnership to embed security in AI infrastructure
• Positive Sentiment: Needham reaffirmed a Buy rating on NVIDIA and set a $270 price target, signaling that Wall Street still sees upside from current levels despite recent volatility. Benzinga: NVIDIA had its “buy” rating reaffirmed by Needham & Company LLC
• Positive Sentiment: NVIDIA’s new RTX Spark AI PC chip and broader push into personal computers are generating fresh investor interest because they expand the company beyond data centers into a new growth market. Zacks: Tech ETFs to Buy as NVIDIA Sets Foot Into PC Market Via New AI Chip
• Neutral Sentiment: Articles highlighting NVIDIA’s large weight in funds and tokenized stock trading show how central NVDA has become to AI-focused portfolios, but they are more reflective of market interest than new company fundamentals. Blockonomi: Tokenized Stocks Show $5.5B in Volume as Retail Participation Grows on Onchain Markets
• Negative Sentiment: Some coverage points to investors rotating toward other AI hardware names and says NVIDIA has been slipping while peers like Marvell, Broadcom, and others catch the market’s attention, which can pressure NVDA in the short term. Invezz: Why Nvidia stock is slipping around 3% today
• Negative Sentiment: Senator Sheldon Whitehouse disclosed a sale of NVDA shares after holding them for roughly a decade, adding a small but negative sentiment signal around the stock. Finbold: U.S. politician suspiciously dumps Nvidia stock after 10 years

NVIDIA Stock Down 3.6%

Shares of NASDAQ:NVDA opened at $214.75 on Thursday. NVIDIA Corporation has a 52-week low of $138.83 and a 52-week high of $236.54. The firm has a fifty day moving average of $201.97 and a 200 day moving average of $190.25. The firm has a market capitalization of $5.20 trillion, a PE ratio of 32.89, a price-to-earnings-growth ratio of 0.54 and a beta of 2.22. The company has a debt-to-equity ratio of 0.04, a quick ratio of 2.85 and a current ratio of 3.44.

NVIDIA (NASDAQ:NVDA) last released its quarterly earnings results on Wednesday, May 20th. The computer hardware maker reported $1.87 earnings per share for the quarter, beating 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 the consensus estimate of $78.42 billion. During the same quarter last year, the business posted $0.81 earnings per share. The company’s revenue for the quarter was up 85.2% on a year-over-year basis. As a group, research analysts anticipate that NVIDIA Corporation will post 8.04 EPS for the current fiscal year.

NVIDIA Increases Dividend

The company also recently disclosed a quarterly dividend, which will be paid on Friday, June 26th. Investors of record on Thursday, June 4th will be issued a dividend of $0.25 per share. The ex-dividend date of this dividend is Thursday, June 4th. This represents a $1.00 dividend on an annualized basis and a dividend yield of 0.5%. This is a positive change from NVIDIA’s previous quarterly dividend of $0.01. NVIDIA’s payout ratio is 0.61%.

NVIDIA declared that its Board of Directors has initiated a share buyback plan 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 repurchase up to 1.5% of its shares through open market purchases. Shares buyback plans are usually a sign that the company’s management believes its shares are undervalued.

Insider Buying and Selling

In other NVIDIA news, CFO Colette Kress sold 20,000 shares of the company’s stock in a transaction that occurred on Friday, March 20th. The stock was sold at an average price of $174.89, for a total value of $3,497,800.00. Following the completion of the sale, the chief financial officer owned 83,060 shares of the company’s stock, valued at $14,526,363.40. This represents a 19.41% decrease in their ownership of the stock. The sale was disclosed in a filing with the Securities & Exchange Commission, which is available through the SEC website. Also, EVP Ajay K. Puri sold 300,000 shares of NVIDIA stock in a transaction that occurred 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 directly owned 3,018,547 shares in the company, valued at $550,130,190.75. This trade represents a 9.04% decrease in their ownership of the stock. The SEC filing for this sale provides additional information. Insiders have sold a total of 906,961 shares of company stock worth $162,936,268 over the last ninety days. Corporate insiders own 3.94% of the company’s stock.

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.