Pittenger & Anderson Inc. Has $24.41 Million Position in NVIDIA Corporation $NVDA

Pittenger & Anderson Inc. increased its stake in shares of NVIDIA Corporation (NASDAQ:NVDA) by 54.1% in the 4th quarter, according to the company in its most recent Form 13F filing with the SEC. The firm owned 130,907 shares of the computer hardware maker’s stock after purchasing an additional 45,969 shares during the quarter. Pittenger & Anderson Inc.’s holdings in NVIDIA were worth $24,414,000 as of its most recent filing with the SEC.

Several other institutional investors have also made changes to their positions in the stock. Diversified Enterprises LLC lifted its stake in shares of NVIDIA by 44.2% in the fourth quarter. Diversified Enterprises LLC now owns 127,604 shares of the computer hardware maker’s stock worth $23,798,000 after buying an additional 39,129 shares during the last quarter. Oak Ridge Investments LLC lifted its stake in shares of NVIDIA by 2.2% in the third quarter. Oak Ridge Investments LLC now owns 970,860 shares of the computer hardware maker’s stock worth $181,143,000 after buying an additional 20,559 shares during the last quarter. PMG Family Office LLC acquired a new stake in shares of NVIDIA in the third quarter worth $2,150,000. Weaver Capital Management LLC lifted its stake in shares of NVIDIA by 5.5% in the fourth quarter. Weaver Capital Management LLC now owns 85,216 shares of the computer hardware maker’s stock worth $15,893,000 after buying an additional 4,439 shares during the last quarter. Finally, Circle Wealth Management LLC lifted its stake in shares of NVIDIA by 16.1% in the third quarter. Circle Wealth Management LLC now owns 107,787 shares of the computer hardware maker’s stock worth $20,111,000 after buying an additional 14,936 shares during the last quarter. 65.27% of the stock is currently owned by institutional investors and hedge funds.

Insider Transactions at NVIDIA

In other NVIDIA news, CFO Colette Kress sold 20,000 shares of the business’s stock in a transaction on Friday, March 20th. The shares were sold at an average price of $174.89, for a total value of $3,497,800.00. Following the sale, the chief financial officer owned 83,060 shares of the company’s stock, valued at $14,526,363.40. The trade was a 19.41% decrease in their position. The sale was disclosed in a filing with the SEC, which can be accessed through this link. Also, EVP Ajay K. Puri sold 300,000 shares of the business’s stock in a transaction on Wednesday, March 18th. The shares were sold at an average price of $182.25, for a total transaction of $54,675,000.00. Following the completion of the sale, 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 position. The disclosure for this sale is available in the SEC filing. Over the last three months, insiders have sold 906,336 shares of company stock worth $162,802,518. 4.17% of the stock is currently owned by company insiders.

NVIDIA Trading Down 0.2%

Shares of NVIDIA stock opened at $214.86 on Wednesday. The firm has a market capitalization of $5.20 trillion, a PE ratio of 32.90, a price-to-earnings-growth ratio of 0.52 and a beta of 2.25. The company has a debt-to-equity ratio of 0.04, a current ratio of 3.44 and a quick ratio of 2.85. The company’s fifty day moving average price is $197.43 and its two-hundred day moving average price is $189.19. NVIDIA Corporation has a 52-week low of $132.92 and a 52-week high of $236.54.

NVIDIA (NASDAQ:NVDA) last announced its quarterly earnings results on Wednesday, May 20th. The computer hardware maker reported $1.87 earnings per share (EPS) for the quarter, beating the consensus estimate of $1.76 by $0.11. The firm had revenue of $81.62 billion for the quarter, compared to analyst estimates of $78.42 billion. NVIDIA had a net margin of 62.97% and a return on equity of 96.94%. The business’s revenue for the quarter was up 85.2% on a year-over-year basis. During the same quarter in the previous year, the firm posted $0.81 EPS. On average, analysts expect that NVIDIA Corporation will post 7.98 EPS for the current year.

NVIDIA announced 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 outstanding shares. This repurchase authorization permits the computer hardware maker to buy up to 1.5% of its stock through open market purchases. Stock repurchase plans are generally a sign that the company’s board believes its shares are undervalued.

NVIDIA Increases Dividend

The firm 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 is a boost from NVIDIA’s previous quarterly dividend of $0.01. The ex-dividend date of this dividend is Thursday, June 4th. This represents a $1.00 annualized dividend and a yield of 0.5%. NVIDIA’s payout ratio is presently 0.61%.

Key Stories Impacting NVIDIA

Here are the key news stories impacting NVIDIA this week:

• Positive Sentiment: Multiple reports said NVIDIA remains a primary beneficiary of the AI buildout, with strong demand for AI chips, hyperscaler spending, and supply constraints in advanced packaging supporting growth. Article Title
• Positive Sentiment: Rothschild & Co Redburn raised its price target on NVIDIA to $300 from $280 and reiterated a buy rating, adding to the broader analyst optimism around the stock. Article Title
• Positive Sentiment: Several commentary pieces highlighted NVIDIA’s record quarterly revenue, strong margins, and expanded buybacks/dividend, reinforcing the view that earnings momentum remains exceptional. Article Title
• Positive Sentiment: Jensen Huang said AI has crossed a “critical threshold,” with tokens now profitable, and also emphasized China as an important market, which keeps the long-term AI revenue story intact. Article Title
• Neutral Sentiment: Some reports noted NVDA’s shares have been wobbly after earnings and that traders are watching whether the post-report consolidation turns into a deeper pullback. Article Title
• Neutral Sentiment: There were also mixed signals from market chatter, with analysts and social media focusing on the stock’s huge AI leadership, while others pointed to valuation and cycle-risk concerns. Article Title
• Negative Sentiment: Michael Burry publicly warned that NVIDIA stock could face a sharp decline, adding to bearish headlines around AI exuberance and a possible unwind in crowded momentum trades. Article Title
• Negative Sentiment: Another cautionary piece argued that NVIDIA’s blockbuster quarter may hide a warning, reflecting investor concern that the stock’s expectations are now very high. Article Title

Wall Street Analysts Forecast Growth

A number of brokerages recently issued reports on NVDA. Tigress Financial reaffirmed a “strong-buy” rating and set a $360.00 target price (up from $350.00) on shares of NVIDIA in a research report on Thursday, March 5th. Evercore reaffirmed an “outperform” rating and set a $413.00 target price (up from $352.00) on shares of NVIDIA in a research report on Thursday, May 21st. Piper Sandler reaffirmed an “overweight” rating on shares of NVIDIA in a research report on Thursday, February 26th. Robert W. Baird set a $500.00 target price on shares of NVIDIA and gave the stock an “outperform” rating in a research report on Thursday, May 21st. Finally, Cantor Fitzgerald reaffirmed an “overweight” rating and set a $350.00 target price on shares of NVIDIA in a research report on Thursday, May 21st. Three research 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. According to MarketBeat, the company has a consensus rating of “Buy” and a consensus target price of $303.96.

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.