14,055,504 Shares in NVIDIA Corporation $NVDA Bought by PFA Pension Forsikringsaktieselskab

Key Points

• PFA Pension Forsikringsaktieselskab disclosed a new fourth-quarter position in NVIDIA, buying 14,055,504 shares worth about $2.64 billion. The stake is now its largest holding and represents about 7.5% of its portfolio.
• Wall Street remains broadly bullish on NVIDIA, with several analysts raising price targets and the consensus rating still at Buy with a target of about $303.27. Institutional ownership is also high, at roughly 65.27% of shares outstanding.
• NVIDIA reported strong quarterly results, including EPS of $1.87 on revenue of $81.62 billion, both ahead of expectations and up sharply from a year earlier. The company also lifted its dividend and approved an $80 billion share buyback program.

PFA Pension Forsikringsaktieselskab bought a new position in shares of NVIDIA Corporation (NASDAQ:NVDA - Free Report) in the fourth quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission (SEC). The institutional investor bought 14,055,504 shares of the computer hardware maker's stock, valued at approximately $2,635,969,000. NVIDIA comprises 7.5% of PFA Pension Forsikringsaktieselskab's portfolio, making the stock its biggest position. PFA Pension Forsikringsaktieselskab owned about 0.06% of NVIDIA at the end of the most recent quarter.

A number of other hedge funds and other institutional investors have also recently modified their holdings of NVDA. Longfellow Investment Management Co. LLC boosted its position in shares of NVIDIA by 47.9% during the second quarter. Longfellow Investment Management Co. LLC now owns 207 shares of the computer hardware maker's stock worth $33,000 after acquiring an additional 67 shares during the last quarter. Spurstone Advisory Services LLC purchased a new stake in NVIDIA during the second quarter valued at $40,000. Syntax Research Inc. raised its stake in NVIDIA by 62.5% during the fourth quarter. Syntax Research Inc. now owns 260 shares of the computer hardware maker's stock valued at $49,000 after purchasing an additional 100 shares in the last quarter. Sellwood Investment Partners LLC purchased a new stake in NVIDIA during the third quarter valued at $50,000. Finally, Networth Advisors LLC purchased a new stake in NVIDIA during the fourth quarter valued at $51,000. Institutional investors own 65.27% of the company's stock.

Wall Street Analyst Weigh In

A number of equities research analysts recently issued reports on NVDA shares. JPMorgan Chase & Co. upped their price target on shares of NVIDIA from $265.00 to $280.00 and gave the company an "overweight" rating in a research note on Thursday, May 21st. KeyCorp set a $310.00 price target on shares of NVIDIA and gave the company an "overweight" rating in a research note on Thursday. Weiss Ratings reaffirmed a "buy (b)" rating on shares of NVIDIA in a research note on Friday, April 10th. CICC Research upped their price target on shares of NVIDIA from $240.60 to $268.30 and gave the company an "outperform" rating in a research note on Friday. Finally, Citic Securities upped their price target on shares of NVIDIA from $242.00 to $315.00 and gave the company a "buy" rating in a research note on Friday. Three equities 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 MarketBeat.com, the stock has a consensus rating of "Buy" and a consensus price target of $303.27.

Insiders Place Their Bets

In other news, EVP Ajay K. Puri sold 300,000 shares of the stock in a transaction on Wednesday, March 18th. The shares were sold at an average price of $182.25, for a total value of $54,675,000.00. Following the sale, the executive vice president owned 3,018,547 shares of the company's stock, valued at approximately $550,130,190.75. This represents a 9.04% decrease in their ownership of the stock. The sale was disclosed in a legal filing with the SEC, which can be accessed through this link. Also, Director Mark A. Stevens sold 221,682 shares of the stock in a transaction on Friday, March 20th. The shares were sold at an average price of $173.68, for a total transaction of $38,501,729.76. Following the completion of the sale, the director directly owned 7,399,771 shares in the company, valued at approximately $1,285,192,227.28. This represents a 2.91% decrease in their position. The SEC filing for this sale provides additional information. In the last quarter, insiders have sold 906,336 shares of company stock valued at $162,802,518. 4.17% of the stock is currently owned by company insiders.

Trending Headlines about 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 Stock Performance

Shares of NVDA opened at $215.33 on Tuesday. NVIDIA Corporation has a twelve month low of $129.16 and a twelve month high of $236.54. The company has a market cap of $5.21 trillion, a P/E ratio of 32.98, a P/E/G ratio of 0.67 and a beta of 2.25. The company has a current ratio of 3.44, a quick ratio of 3.24 and a debt-to-equity ratio of 0.04. The company's fifty day simple moving average is $196.74 and its 200-day simple moving average is $189.05.

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

NVIDIA Increases Dividend

The company also recently announced a quarterly dividend, which will be paid on Friday, June 26th. Stockholders of record on Thursday, June 4th will be paid a $0.25 dividend. This is an increase from NVIDIA's previous quarterly dividend of $0.01. This represents a $1.00 annualized dividend and a dividend yield of 0.5%. The ex-dividend date of this dividend is Thursday, June 4th. NVIDIA's payout ratio is currently 0.61%.

NVIDIA declared that its board has approved a stock buyback program on Wednesday, May 20th that authorizes the company to repurchase $80.00 billion in outstanding shares. This repurchase authorization authorizes the computer hardware maker to reacquire up to 1.5% of its shares through open market purchases. Shares repurchase programs are often a sign that the company's board of directors believes its stock is undervalued.

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.

This instant news alert was generated by narrative science technology and financial data from MarketBeat in order to provide readers with the fastest reporting and unbiased coverage. Please send any questions or comments about this story to contact@marketbeat.com.