NVIDIA Corporation $NVDA is Manhattan West Asset Management LLC’s Largest Position

Manhattan West Asset Management LLC decreased its position in NVIDIA Corporation (NASDAQ:NVDA) by 4.4% in the 4th quarter, HoldingsChannel reports. The institutional investor owned 141,986 shares of the computer hardware maker’s stock after selling 6,567 shares during the period. NVIDIA accounts for 5.4% of Manhattan West Asset Management LLC’s holdings, making the stock its biggest position. Manhattan West Asset Management LLC’s holdings in NVIDIA were worth $26,480,000 at the end of the most recent quarter.

Several other institutional investors and hedge funds have also recently added to or reduced their stakes in NVDA. Longfellow Investment Management Co. LLC increased its stake in NVIDIA by 47.9% in the 2nd quarter. Longfellow Investment Management Co. LLC now owns 207 shares of the computer hardware maker’s stock valued at $33,000 after buying an additional 67 shares during the last quarter. Spurstone Advisory Services LLC bought a new position in shares of NVIDIA during the 2nd quarter valued at approximately $40,000. Syntax Research Inc. grew its position in shares of NVIDIA by 62.5% during the 4th quarter. Syntax Research Inc. now owns 260 shares of the computer hardware maker’s stock valued at $49,000 after acquiring an additional 100 shares during the period. Sellwood Investment Partners LLC bought a new position in shares of NVIDIA during the 3rd quarter valued at approximately $50,000. Finally, Networth Advisors LLC bought a new position in shares of NVIDIA during the 4th quarter valued at approximately $51,000. Hedge funds and other institutional investors own 65.27% of the company’s stock.

Key Headlines Impacting NVIDIA

Here are the key news stories impacting NVIDIA this week:

• Positive Sentiment: NVIDIA’s latest results continued to reinforce the AI growth narrative, with articles highlighting record revenue, strong EPS growth, and management’s confidence in sustained data-center demand through 2030.
• Positive Sentiment: Several reports pointed to upside catalysts for NVDA, including bullish price-target commentary, claims that the market is underestimating AI infrastructure spending, and views that the stock still has room to run despite its huge rally.
• Positive Sentiment: Investor-friendly capital returns are also supporting sentiment, as NVIDIA boosted its dividend and approved an additional $80 billion in buybacks, signaling confidence in future cash generation.
• Neutral Sentiment: Multiple pieces focused on technical trading rather than business fundamentals, noting that NVIDIA is pulling back toward key support and that traders are watching whether the 20-day moving average holds. Nvidia (NVDA) Price Forecast: Pullback Tests Trend Structure
• Neutral Sentiment: Broader market commentary remains split, with some articles questioning AI’s hidden costs or warning about a narrow leadership trade, which may be encouraging investors to lock in gains after the stock’s strong multi-month advance.
• Negative Sentiment: Regulatory and competitive headlines added some caution, including reports that Jensen Huang urged Super Micro to tighten compliance amid Taiwan scrutiny and that Huawei is advancing its chip efforts, which could intensify long-term competition in semiconductors.

NVIDIA Price Performance

NVDA opened at $215.33 on Tuesday. The company has a 50 day moving average of $196.74 and a 200 day moving average of $189.05. The company has a market cap of $5.21 trillion, a PE ratio of 32.98, a price-to-earnings-growth ratio of 0.67 and a beta of 2.25. NVIDIA Corporation has a 12 month low of $129.16 and a 12 month high of $236.54. The company has a current ratio of 3.44, a quick ratio of 3.24 and a debt-to-equity ratio of 0.04.

NVIDIA (NASDAQ:NVDA) last released its quarterly earnings data on Wednesday, May 20th. The computer hardware maker reported $1.87 EPS for the quarter, topping the consensus estimate of $1.76 by $0.11. The company had revenue of $81.62 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 revenue for the quarter was up 85.2% on a year-over-year basis. During the same period last year, the firm earned $0.81 EPS. On average, sell-side analysts expect that NVIDIA Corporation will post 7.98 EPS for the current year.

NVIDIA declared that its Board of Directors has approved a stock buyback plan on Wednesday, May 20th that permits the company to repurchase $80.00 billion in shares. This repurchase authorization permits the computer hardware maker to repurchase up to 1.5% of its shares through open market purchases. Shares repurchase plans are often an indication that the company’s board of directors believes its shares are undervalued.

NVIDIA Increases Dividend

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

Insider Transactions at NVIDIA

In other NVIDIA news, Director Mark A. Stevens sold 221,682 shares of the firm’s stock in a transaction on Friday, March 20th. The shares were sold at an average price of $173.68, for a total value of $38,501,729.76. Following the completion of the transaction, the director directly owned 7,399,771 shares of the company’s stock, valued at $1,285,192,227.28. This trade represents a 2.91% decrease in their position. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is available at this link. Also, CFO Colette Kress sold 42,650 shares of the firm’s stock in a transaction on Friday, March 20th. The shares were sold at an average price of $174.89, for a total transaction of $7,459,058.50. Following the completion of the transaction, the chief financial officer directly owned 881,387 shares of the company’s stock, valued at approximately $154,145,772.43. The trade was a 4.62% 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 sold 906,336 shares of company stock worth $162,802,518. 4.17% of the stock is owned by corporate insiders.

Wall Street Analyst Weigh In

A number of research analysts have recently weighed in on NVDA shares. Seaport Research Partners increased their target price on shares of NVIDIA from $140.00 to $180.00 and gave the company a “sell” rating in a research report on Thursday, May 21st. DA Davidson increased their target price on shares of NVIDIA from $250.00 to $300.00 and gave the company a “buy” rating in a research report on Monday, May 18th. Robert W. Baird set a $500.00 target price on shares of NVIDIA and gave the company an “outperform” rating in a research report on Thursday. UBS Group increased their target price on shares of NVIDIA from $275.00 to $280.00 and gave the company a “buy” rating in a research report on Thursday, May 21st. Finally, Melius Research set a $400.00 price objective on shares of NVIDIA in a report on Thursday. Three analysts have rated the stock with a Strong Buy rating, forty-eight have issued a Buy rating and three have issued a Hold rating to the company. Based on data from MarketBeat.com, the stock presently has an average rating of “Buy” and a consensus target price of $303.27.

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.