Rothschild Investment LLC trimmed its holdings in NVIDIA Corporation (NASDAQ:NVDA – Free Report) by 1.4% during the 4th quarter, HoldingsChannel reports. The institutional investor owned 418,692 shares of the computer hardware maker’s stock after selling 5,792 shares during the period. NVIDIA comprises approximately 4.3% of Rothschild Investment LLC’s portfolio, making the stock its largest holding. Rothschild Investment LLC’s holdings in NVIDIA were worth $78,086,000 as of its most recent filing with the SEC.
Several other hedge funds and other institutional investors have also recently modified their holdings of NVDA. State Street Corp boosted its stake in shares of NVIDIA by 1.0% during the second quarter. State Street Corp now owns 978,208,862 shares of the computer hardware maker’s stock valued at $154,556,803,000 after purchasing an additional 9,554,857 shares during the period. Geode Capital Management LLC boosted its stake in shares of NVIDIA by 0.6% during the fourth quarter. Geode Capital Management LLC now owns 588,803,093 shares of the computer hardware maker’s stock valued at $109,446,217,000 after purchasing an additional 3,383,441 shares during the period. Norges Bank purchased a new stake in shares of NVIDIA during the second quarter valued at $51,386,863,000. Legal & General Group Plc boosted its stake in shares of NVIDIA by 1.5% during the third quarter. Legal & General Group Plc now owns 181,203,035 shares of the computer hardware maker’s stock valued at $33,808,862,000 after purchasing an additional 2,609,560 shares during the period. Finally, Capital Research Global Investors boosted its stake in shares of NVIDIA by 16.1% during the third quarter. Capital Research Global Investors now owns 165,377,852 shares of the computer hardware maker’s stock valued at $30,855,564,000 after purchasing an additional 22,896,705 shares during the period. 65.27% of the stock is currently owned by hedge funds and other institutional investors.
Insider Activity at NVIDIA
In other NVIDIA news, CFO Colette Kress sold 20,000 shares of NVIDIA stock in a transaction dated 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 transaction, the chief financial officer owned 83,060 shares in the company, valued at $14,526,363.40. The trade was a 19.41% decrease in their ownership of the stock. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is available at the SEC website. Also, Director John Dabiri sold 625 shares of NVIDIA stock in a transaction dated 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 in the company, valued at $3,030,882. This trade represents a 4.23% decrease in their position. The disclosure for this sale is available in the SEC filing. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Insiders have sold 1,622,461 shares of company stock valued at $332,629,083 over the last 90 days. Insiders own 3.94% of the company’s stock.
NVIDIA News Roundup
- Positive Sentiment: NVIDIA continues to add major AI customers and partners, including reports that Apple will use NVIDIA GPUs via Google Cloud for advanced AI workloads, plus expanded cooperation with SK Group/SK Telecom in South Korea to strengthen AI infrastructure and secure HBM memory supply. These deals reinforce demand for NVIDIA’s chips and platform. Apple partnering with Google and Nvidia for most advanced AI model Nvidia CEO says company is working with LG on humanoid robots and data centers
- Positive Sentiment: Analyst sentiment remains constructive, with Sanford C. Bernstein reiterating a Buy rating and other commentary arguing NVDA still has meaningful upside after the recent pullback. MarketScreener
- Positive Sentiment: Jensen Huang’s “buy the dip” message is helping support sentiment, as investors view the recent chip-sector weakness as a correction rather than a breakdown in NVIDIA’s AI demand story. Nvidia CEO Sees Opportunity in Chip Selloff
- Neutral Sentiment: Macro news is also contributing to volatility, with tech stocks hit by a broader market rotation, Iran-related headlines, and concerns ahead of CPI inflation data. That backdrop is pressuring NVIDIA alongside the rest of the semiconductor group. Dow Jones Futures Fall On Iran News After Market Whipsaws; CPI Inflation On Tap
- Negative Sentiment: Several articles highlighted renewed short interest, sector-wide semiconductor selling, and warnings that AI stocks may be vulnerable if earnings growth does not keep up with valuations. That is adding near-term caution around NVDA. Semiconductor shorts pile on as winning trade reverses Jim Cramer Warns: AI Stocks Face 50% Crash Without Earnings Growth
NVIDIA Trading Down 0.2%
NASDAQ NVDA opened at $208.19 on Wednesday. The company has a debt-to-equity ratio of 0.04, a quick ratio of 2.85 and a current ratio of 3.44. The company has a market capitalization of $5.04 trillion, a price-to-earnings ratio of 31.88, a price-to-earnings-growth ratio of 0.47 and a beta of 2.22. The company’s 50-day simple moving average is $204.93 and its two-hundred day simple moving average is $190.93. NVIDIA Corporation has a one year low of $140.85 and a one year high of $236.54.
NVIDIA (NASDAQ:NVDA – Get Free Report) last posted 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. The company had revenue of $81.62 billion during the quarter, compared to analyst estimates of $78.42 billion. NVIDIA had a return on equity of 96.94% and a net margin of 62.97%.NVIDIA’s revenue was up 85.2% on a year-over-year basis. During the same quarter in the prior year, the business earned $0.81 earnings per share. Equities analysts forecast that NVIDIA Corporation will post 8.61 EPS for the current fiscal year.
NVIDIA announced that its board has approved a share buyback plan on Wednesday, May 20th that permits the company to buyback $80.00 billion in shares. This buyback authorization permits the computer hardware maker to reacquire up to 1.5% of its shares through open market purchases. Shares buyback plans are usually a sign that the company’s leadership believes its stock is undervalued.
NVIDIA Increases Dividend
The business also recently announced a quarterly dividend, which will be paid on Friday, June 26th. Shareholders of record on Thursday, June 4th will be issued a dividend of $0.25 per share. This is an increase from NVIDIA’s previous quarterly dividend of $0.01. This represents a $1.00 dividend on an annualized basis and a yield of 0.5%. The ex-dividend date is Thursday, June 4th. NVIDIA’s dividend payout ratio (DPR) is currently 15.31%.
Analyst Ratings Changes
A number of brokerages have recently issued reports on NVDA. Citic Securities boosted their target price on shares of NVIDIA from $242.00 to $315.00 and gave the company a “buy” rating in a research note on Friday, May 22nd. Argus raised their target price on shares of NVIDIA from $220.00 to $270.00 and gave the stock a “buy” rating in a research report on Thursday, May 21st. BTIG Research assumed coverage on shares of NVIDIA in a research report on Wednesday, April 15th. They set a “buy” rating on the stock. Craig Hallum raised their target price on shares of NVIDIA from $245.00 to $275.00 and gave the stock a “buy” rating in a research report on Thursday, May 21st. Finally, Oppenheimer reaffirmed an “outperform” rating and set a $265.00 target price on shares of NVIDIA in a research report on Thursday, February 26th. Three research analysts have rated the stock with a Strong Buy rating, forty-eight have given a Buy rating and three have assigned a Hold rating to the stock. According to data from MarketBeat.com, the company presently has an average rating of “Buy” and a consensus price target of $305.67.
Get Our Latest Stock Report on NVIDIA
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.
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