71 West Capital Partners Takes $71.20 Million Position in NVIDIA Corporation $NVDA

Key Points

• 71 West Capital Partners initiated a new position in NVIDIA during the fourth quarter, buying 381,783 shares valued at about $71.2 million. The stake makes NVIDIA its 8th largest holding and 3.3% of its portfolio.
• Wall Street sentiment remains broadly positive, with analysts assigning NVIDIA an average Buy rating and a consensus price target of $305.67. Recent reports included multiple target increases, while some analysts still caution on valuation after the stock’s sharp AI-driven run.
• NVIDIA continues to show strong operating momentum, reporting EPS of $1.87 and revenue of $81.62 billion for the quarter, both above expectations and up sharply year over year. The company also raised its quarterly dividend to $0.25 and authorized an $80 billion share buyback.

71 West Capital Partners bought a new stake in NVIDIA Corporation (NASDAQ:NVDA - Free Report) during the 4th quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission (SEC). The institutional investor bought 381,783 shares of the computer hardware maker's stock, valued at approximately $71,203,000. NVIDIA comprises 3.3% of 71 West Capital Partners' investment portfolio, making the stock its 8th biggest position.

Several other institutional investors and hedge funds also recently made changes to their positions in the company. Longfellow Investment Management Co. LLC grew its position in 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 buying an additional 67 shares in the last quarter. AlphaCentric Advisors LLC acquired a new stake in NVIDIA during the fourth quarter worth approximately $45,000. Spurstone Advisory Services LLC acquired a new stake in NVIDIA during the second quarter worth approximately $40,000. Syntax Research Inc. grew its position in NVIDIA by 62.5% during the fourth quarter. Syntax Research Inc. now owns 260 shares of the computer hardware maker's stock worth $49,000 after buying an additional 100 shares in the last quarter. Finally, Networth Advisors LLC acquired a new stake in NVIDIA during the fourth quarter worth approximately $51,000. Institutional investors and hedge funds own 65.27% of the company's stock.

Analyst Ratings Changes

A number of equities research analysts recently issued reports on the company. CICC Research increased their price target on NVIDIA from $240.60 to $268.30 and gave the stock an "outperform" rating in a research report on Friday, May 22nd. New Street Research reduced their price target on NVIDIA from $343.00 to $340.00 in a research report on Thursday, May 21st. Tigress Financial reissued a "strong-buy" rating and set a $425.00 price target (up from $360.00) on shares of NVIDIA in a research report on Wednesday, May 27th. Citic Securities increased their price target on NVIDIA from $242.00 to $315.00 and gave the stock a "buy" rating in a research report on Friday, May 22nd. Finally, Itau BBA Securities reissued a "market perform" rating on shares of NVIDIA in a research report on Thursday, February 26th. Three investment 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 has an average rating of "Buy" and a consensus target price of $305.67.

Insider Buying and Selling

In other news, Director Mark A. Stevens sold 500,000 shares of the stock in a transaction on Thursday, June 4th. The stock was sold at an average price of $219.83, for a total value of $109,915,000.00. Following the completion of the transaction, the director directly owned 6,399,771 shares in the company, valued at approximately $1,406,861,658.93. This represents a 7.25% decrease in their position. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which is accessible through this hyperlink. Also, CFO Colette Kress sold 42,650 shares of the stock in a transaction on Friday, March 20th. The shares were sold at an average price of $174.89, for a total value of $7,459,058.50. Following the completion of the transaction, the chief financial officer owned 881,387 shares of the company's stock, valued at $154,145,772.43. The trade was a 4.62% decrease in their ownership of the stock. The disclosure for this sale is available in the SEC filing. Insiders sold 1,319,457 shares of company stock worth $277,398,643 in the last ninety days. Insiders own 3.94% of the company's stock.

NVIDIA News Roundup

Here are the key news stories impacting NVIDIA this week:

• Positive Sentiment: NVIDIA landed new AI infrastructure deals in South Korea, reinforcing that global demand for its hardware and networking stack remains strong. Nvidia Corp (NVDA) Lands AI Infrastructure Deals in South Korea
• Positive Sentiment: HPE announced new agentic AI offerings built with NVIDIA, another sign that enterprises continue adopting NVIDIA’s ecosystem for production AI deployments. HPE Brings Agentic AI Into Production With NVIDIA, Delivering Security, Governance, Scale, and Sovereignty
• Positive Sentiment: Analysts and market commentary continue to point to upside for NVIDIA, citing strong AI demand and the company’s central role in the cloud buildout. As Demand Continues To Grow, Nvidia (NVDA) Has 46% Upside According To Analysts
• Positive Sentiment: NVIDIA’s return to the bond market is being read as a way to fund a massive AI buildout, and investors are treating that as a signal the company still sees major demand ahead. Nvidia to raise $20 billion, source says, in first corporate bond issuance in five years
• Positive Sentiment: Market coverage says NVIDIA regained the $5 trillion valuation level as chip stocks rallied, underscoring continued investor enthusiasm for the AI trade. 3 Stocks Diluting Shareholders to Fund Big Long-Term Opportunities (NVDA)
• Neutral Sentiment: Jefferies commentary on NVIDIA appears to be part of the ongoing analyst debate around how much upside remains after the stock’s huge AI-driven run. Here’s What Jefferies Thinks About NVIDIA Corporation (NVDA)
• Negative Sentiment: NVIDIA’s new bond sale also raises debt and dilution-style concerns for some investors, especially after years of funding growth largely from operating cash flow. Nvidia Stock: How the Chip Maker Is Trading Today
• Negative Sentiment: Some articles also highlight rising competition and skepticism that AI stocks are getting overheated, which can cap gains even when sentiment is broadly bullish. Why AI investor Aschenbrenner is shorting Nvidia, buying HIVE

NVIDIA Stock Down 2.4%

NASDAQ NVDA opened at $207.41 on Wednesday. The business has a fifty day moving average price of $208.14 and a two-hundred day moving average price of $191.84. The company has a debt-to-equity ratio of 0.04, a current ratio of 3.44 and a quick ratio of 2.85. NVIDIA Corporation has a fifty-two week low of $142.03 and a fifty-two week high of $236.54. The stock has a market capitalization of $5.02 trillion, a PE ratio of 31.76, a PEG ratio of 0.47 and a beta of 2.22.

NVIDIA (NASDAQ:NVDA - Get Free Report) last released its earnings results on Wednesday, May 20th. The computer hardware maker reported $1.87 earnings per share for the quarter, topping the consensus estimate of $1.76 by $0.11. NVIDIA had a return on equity of 96.94% and a net margin of 62.97%.The firm had revenue of $81.62 billion during the quarter, compared to analysts' expectations of $78.42 billion. During the same period in the prior year, the company earned $0.81 earnings per share. The company's quarterly revenue was up 85.2% on a year-over-year basis. Equities analysts expect that NVIDIA Corporation will post 8.65 earnings per share for the current fiscal year.

NVIDIA Increases Dividend

The company also recently declared 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 represents a $1.00 dividend on an annualized basis and a dividend yield of 0.5%. The ex-dividend date is Thursday, June 4th. This is a positive change from NVIDIA's previous quarterly dividend of $0.01. NVIDIA's dividend payout ratio is currently 15.31%.

NVIDIA declared that its Board of Directors has approved a share 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 purchase up to 1.5% of its stock through open market purchases. Stock repurchase plans are often a sign that the company's board believes its shares are undervalued.

NVIDIA 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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