NVIDIA Corporation $NVDA Shares Bought by Evolve Private Wealth LLC

Evolve Private Wealth LLC boosted its holdings in NVIDIA Corporation (NASDAQ:NVDA) by 12.8% during the 1st quarter, HoldingsChannel.com reports. The institutional investor owned 282,233 shares of the computer hardware maker’s stock after acquiring an additional 32,021 shares during the quarter. NVIDIA makes up approximately 2.6% of Evolve Private Wealth LLC’s holdings, making the stock its 3rd biggest holding. Evolve Private Wealth LLC’s holdings in NVIDIA were worth $49,221,000 as of its most recent SEC filing.

A number of other hedge funds and other institutional investors have also recently bought and sold shares of the business. Meadowbrook Advisors Group LLC raised its stake in NVIDIA by 1.1% during the first quarter. Meadowbrook Advisors Group LLC now owns 17,372 shares of the computer hardware maker’s stock worth $3,030,000 after acquiring an additional 190 shares in the last quarter. Center For Asset Management LLC grew its holdings in shares of NVIDIA by 1.6% during the 1st quarter. Center For Asset Management LLC now owns 21,802 shares of the computer hardware maker’s stock valued at $3,802,000 after purchasing an additional 346 shares during the last quarter. Vaughan Nelson Investment Management L.P. grew its holdings in shares of NVIDIA by 11.6% during the 1st quarter. Vaughan Nelson Investment Management L.P. now owns 1,754,078 shares of the computer hardware maker’s stock valued at $305,911,000 after purchasing an additional 182,345 shares during the last quarter. Fisher Funds Management LTD increased its position in NVIDIA by 5.8% during the 1st quarter. Fisher Funds Management LTD now owns 569,809 shares of the computer hardware maker’s stock worth $99,400,000 after purchasing an additional 31,330 shares in the last quarter. Finally, Ballast Rock Private Wealth LLC lifted its stake in NVIDIA by 8.4% in the 1st quarter. Ballast Rock Private Wealth LLC now owns 17,476 shares of the computer hardware maker’s stock valued at $3,048,000 after purchasing an additional 1,355 shares during the last quarter. Institutional investors own 65.27% of the company’s stock.

Analysts Set New Price Targets

A number of analysts have weighed in on NVDA shares. Craig Hallum raised their target price on shares of NVIDIA from $245.00 to $275.00 and gave the company a “buy” rating in a research report on Thursday, May 21st. Rosenblatt Securities reiterated a “buy” rating and issued a $325.00 price target on shares of NVIDIA in a research note on Thursday, May 21st. Raymond James Financial reissued a “strong-buy” rating and set a $330.00 price objective on shares of NVIDIA in a report on Thursday, May 21st. Wall Street Zen upgraded NVIDIA from a “buy” rating to a “strong-buy” rating in a research report on Saturday, May 23rd. Finally, Benchmark reaffirmed a “buy” rating and issued a $335.00 target price (up from $250.00) on shares of NVIDIA in a report on Thursday, May 21st. Three 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’s stock. Based on data from MarketBeat, NVIDIA presently has a consensus rating of “Buy” and an average target price of $303.84.

Trending Headlines about NVIDIA

Here are the key news stories impacting NVIDIA this week:

• Positive Sentiment: Micron’s strong earnings and commentary around booming AI infrastructure spending are lifting the broader chip sector, supporting the view that NVIDIA’s data-center demand remains robust. Why Is NVIDIA Stock Gaining Thursday?
• Positive Sentiment: Analysts continue to frame NVIDIA as a core AI leader, with bullish notes citing strong revenue growth, healthy margins, and continued hyperscaler demand for Blackwell and other AI products. NVIDIA: AI Dominance With More Room To Run
• Positive Sentiment: NVIDIA also has company-specific support from its expanding AI ecosystem, including new partnerships and use cases in life sciences, robotics, and energy-related data center applications. Tecan Accelerates Data-Driven Lab Journey With Agentic AI Developments Powered by NVIDIA
• Neutral Sentiment: The company’s strong latest quarter still provides a solid backdrop, with NVIDIA beating EPS and revenue estimates and reporting sharp year-over-year growth, reinforcing its fundamental strength.
• Negative Sentiment: Competition is getting louder, with Qualcomm and other rivals pushing harder into AI data centers, which is pressuring sentiment around NVIDIA’s long-term pricing power and software moat. Qualcomm’s $4B AI Deal Takes Aim at NVIDIA’s Software Moat
• Negative Sentiment: There is also fresh headline risk from a lower analyst price target and insider share sales, which can add caution when the stock is already trading near a high valuation. MarketScreener
• Negative Sentiment: Broader AI-chip skepticism and reports of intensifying competition in chips are also weighing on sentiment, helping explain why NVIDIA is not fully participating in the semiconductor rally. Why Nvidia stock isn’t joining the Micron-led surge today

NVIDIA Stock Down 1.6%

Shares of NASDAQ NVDA opened at $195.74 on Friday. The company’s 50 day moving average price is $210.79 and its 200-day moving average price is $193.00. 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 Corporation has a 52-week low of $151.49 and a 52-week high of $236.54. The company has a market capitalization of $4.74 trillion, a P/E ratio of 29.98, a price-to-earnings-growth ratio of 0.44 and a beta of 2.22.

NVIDIA (NASDAQ:NVDA) last announced 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 business had revenue of $81.61 billion during the quarter, compared to the consensus estimate of $78.42 billion. NVIDIA had a net margin of 62.97% and a return on equity of 96.94%. NVIDIA’s quarterly revenue was up 85.2% on a year-over-year basis. During the same quarter last year, the firm earned $0.81 earnings per share. Equities analysts forecast that NVIDIA Corporation will post 8.69 earnings per share for the current year.

NVIDIA Increases Dividend

The firm also recently announced a quarterly dividend, which will be paid on Friday, June 26th. Investors of record on Thursday, June 4th will be paid 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 annualized dividend and a yield of 0.5%. The ex-dividend date of this dividend is Thursday, June 4th. NVIDIA’s payout ratio is 15.31%.

NVIDIA declared that its Board of Directors has authorized a stock repurchase 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 reacquire 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 shares are undervalued.

Insider Buying and Selling

In other news, Director Mark A. Stevens sold 885,000 shares of the firm’s stock in a transaction that occurred on Thursday, June 18th. The shares were sold at an average price of $210.17, for a total transaction of $186,000,450.00. Following the completion of the sale, the director owned 5,207,271 shares of the company’s stock, valued at $1,094,412,146.07. This trade represents a 14.53% decrease in their position. The sale was disclosed in a filing with the SEC, which is available through this link. Also, Director John Dabiri sold 625 shares of NVIDIA stock in a transaction on Wednesday, May 27th. The shares were sold at an average price of $214.00, for a total transaction of $133,750.00. Following the completion of the sale, the director owned 14,163 shares of the company’s stock, valued at $3,030,882. This represents a 4.23% decrease in their position. The SEC filing for this sale provides additional information. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Insiders sold 1,901,125 shares of company stock valued at $410,583,015 over the last 90 days. Company insiders own 3.94% of the company’s stock.

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.