Abacus FCF Advisors LLC Buys New Stake in NVIDIA Corporation $NVDA

Key Points

• Abacus FCF Advisors LLC opened a new position in NVIDIA during the fourth quarter, buying 199,057 shares valued at about $37.1 million. NVIDIA is now the firm’s largest holding, making up 4.8% of its portfolio.
• NVIDIA continues to attract heavy institutional interest, with several major investors recently increasing or initiating stakes. Overall, institutional investors and hedge funds own 65.27% of the company.
• The company posted strong recent results, beating earnings and revenue estimates with $1.62 EPS and $68.13 billion in quarterly revenue, while analysts remain broadly bullish with an average Buy rating and a price target of $278.73.

Abacus FCF Advisors LLC purchased a new position in shares of NVIDIA Corporation (NASDAQ:NVDA - Free Report) in the fourth quarter, according to the company in its most recent filing with the Securities and Exchange Commission. The institutional investor purchased 199,057 shares of the computer hardware maker's stock, valued at approximately $37,124,000. NVIDIA accounts for 4.8% of Abacus FCF Advisors LLC's investment portfolio, making the stock its largest holding.

A number of other large investors have also recently bought and sold shares of the business. Norges Bank purchased a new stake in shares of NVIDIA during the second quarter worth about $51,386,863,000. Capital Research Global Investors raised its holdings in NVIDIA by 16.1% in the third quarter. Capital Research Global Investors now owns 165,377,852 shares of the computer hardware maker's stock valued at $30,855,564,000 after acquiring an additional 22,896,705 shares in the last quarter. Laurel Wealth Advisors LLC raised its holdings in NVIDIA by 15,496.1% in the second quarter. Laurel Wealth Advisors LLC now owns 21,865,525 shares of the computer hardware maker's stock valued at $3,454,534,000 after acquiring an additional 21,725,326 shares in the last quarter. Danske Bank A S acquired a new stake in shares of NVIDIA during the third quarter worth $3,180,313,000. Finally, Massachusetts Financial Services Co. MA grew its position in shares of NVIDIA by 25.0% during the third quarter. Massachusetts Financial Services Co. MA now owns 71,720,593 shares of the computer hardware maker's stock worth $13,381,628,000 after acquiring an additional 14,358,048 shares during the last quarter. Institutional investors and hedge funds own 65.27% of the company's stock.

NVIDIA Stock Performance

NASDAQ NVDA opened at $222.32 on Tuesday. The stock has a market cap of $5.38 trillion, a P/E ratio of 45.37, a PEG ratio of 0.70 and a beta of 2.25. The company's 50-day simple moving average is $193.14 and its 200 day simple moving average is $188.51. The company has a quick ratio of 3.24, a current ratio of 3.91 and a debt-to-equity ratio of 0.05. NVIDIA Corporation has a twelve month low of $129.16 and a twelve month high of $236.54.

NVIDIA (NASDAQ:NVDA - Get Free Report) last posted its quarterly earnings data on Wednesday, February 25th. The computer hardware maker reported $1.62 earnings per share for the quarter, topping the consensus estimate of $1.54 by $0.08. NVIDIA had a net margin of 55.60% and a return on equity of 97.37%. The company had revenue of $68.13 billion during the quarter, compared to analyst estimates of $65.56 billion. During the same quarter last year, the business posted $0.89 earnings per share. The company's revenue was up 73.2% on a year-over-year basis. As a group, research analysts forecast that NVIDIA Corporation will post 7.84 earnings per share for the current fiscal year.

NVIDIA Dividend Announcement

The firm also recently disclosed a quarterly dividend, which was paid on Wednesday, April 1st. Investors of record on Wednesday, March 11th were issued a $0.01 dividend. This represents a $0.04 annualized dividend and a yield of 0.0%. The ex-dividend date was Wednesday, March 11th. NVIDIA's dividend payout ratio is currently 0.82%.

Insiders Place Their Bets

In related news, Director John Dabiri sold 3,004 shares of the stock in a transaction that occurred on Friday, March 13th. The shares were sold at an average price of $184.90, for a total value of $555,439.60. Following the transaction, the director directly owned 14,788 shares in the company, valued at $2,734,301.20. This represents a 16.88% decrease in their ownership of the stock. The sale was disclosed in a filing with the SEC, which is available at the SEC website. Also, CFO Colette Kress sold 42,650 shares of the stock in a transaction on Friday, March 20th. The stock was sold at an average price of $174.89, for a total transaction of $7,459,058.50. Following the completion of the sale, the chief financial officer owned 881,387 shares in the company, valued at approximately $154,145,772.43. This trade represents a 4.62% decrease in their ownership of the stock. The disclosure for this sale is available in the SEC filing. Insiders sold a total of 906,336 shares of company stock valued at $162,802,518 over the last three months. 4.17% of the stock is owned by insiders.

Key Headlines Impacting NVIDIA

Here are the key news stories impacting NVIDIA this week:

• Positive Sentiment: Several Wall Street firms remain bullish ahead of earnings, with KeyBanc, DA Davidson, Morgan Stanley and Wedbush all raising price targets to as high as $300, citing continued momentum from Blackwell and the coming Rubin platform. Article Title
• Positive Sentiment: Coverage continues to point to strong AI datacenter demand and a likely “beat-and-raise” quarter, with analysts and investors expecting another huge revenue print and strong guidance. Article Title
• Positive Sentiment: Hedge-fund filings showing managers such as Tiger Global, Bridgewater, Soros Fund Management and D1 Capital adding to NVDA stakes reinforce institutional confidence in the stock. Article Title
• Neutral Sentiment: Most of the recent news flow is centered on investor positioning and earnings anticipation, including options-market activity, prediction-market bets, and broad media attention ahead of the report. Article Title
• Negative Sentiment: Some commentary warns that expectations are extremely high, the options market is signaling volatility, and any miss or cautious guidance could disappoint investors. Article Title
• Negative Sentiment: Bearish analysis is also emerging around valuation and demand sustainability, with one report arguing that political backlash against data centers and a shift toward more CPU-centric architectures could pressure future GPU demand. Article Title

Analysts Set New Price Targets

NVDA has been the subject of a number of recent analyst reports. Itau BBA Securities reiterated a "market perform" rating on shares of NVIDIA in a research report on Thursday, February 26th. Weiss Ratings reiterated a "buy (b)" rating on shares of NVIDIA in a research report on Friday, April 10th. Zacks Research raised shares of NVIDIA from a "hold" rating to a "strong-buy" rating in a research report on Wednesday, February 25th. Benchmark reaffirmed a "buy" rating and issued a $250.00 price target on shares of NVIDIA in a research report on Tuesday, March 31st. Finally, BTIG Research assumed coverage on shares of NVIDIA in a report on Wednesday, April 15th. They issued a "buy" rating on the stock. Four equities research analysts have rated the stock with a Strong Buy rating, forty-eight have issued a Buy rating and two have given a Hold rating to the company. Based on data from MarketBeat, NVIDIA presently has an average rating of "Buy" and an average price target of $278.73.

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.

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