Activest Wealth Management Has $12.37 Million Holdings in NVIDIA Corporation $NVDA

Key Points

• Activest Wealth Management cut its NVIDIA stake by 11.1% in the fourth quarter, but still held 66,314 shares valued at about $12.37 million, making NVDA its 9th-largest position.
• Wall Street remains broadly bullish on NVIDIA after recent analyst updates, with multiple firms raising price targets and the stock carrying a consensus “Buy” rating and an average target of $303.27.
• NVIDIA recently beat earnings expectations, posting $1.87 EPS on $81.62 billion in revenue, and also announced a sharply higher dividend plus an $80 billion share buyback.

Activest Wealth Management trimmed its holdings in NVIDIA Corporation (NASDAQ:NVDA - Free Report) by 11.1% in the 4th quarter, according to its most recent disclosure with the Securities & Exchange Commission. The institutional investor owned 66,314 shares of the computer hardware maker's stock after selling 8,257 shares during the period. NVIDIA accounts for approximately 2.3% of Activest Wealth Management's holdings, making the stock its 9th largest position. Activest Wealth Management's holdings in NVIDIA were worth $12,368,000 at the end of the most recent quarter.

Several other large investors also recently added to or reduced their stakes in NVDA. Diversified Enterprises LLC lifted its stake in NVIDIA by 44.2% during the 4th quarter. Diversified Enterprises LLC now owns 127,604 shares of the computer hardware maker's stock valued at $23,798,000 after acquiring an additional 39,129 shares in the last quarter. PMG Family Office LLC bought a new position in NVIDIA during the 3rd quarter valued at $2,150,000. Oak Ridge Investments LLC lifted its stake in NVIDIA by 2.2% during the 3rd quarter. Oak Ridge Investments LLC now owns 970,860 shares of the computer hardware maker's stock valued at $181,143,000 after acquiring an additional 20,559 shares in the last quarter. Weaver Capital Management LLC lifted its stake in NVIDIA by 5.5% during the 4th quarter. Weaver Capital Management LLC now owns 85,216 shares of the computer hardware maker's stock valued at $15,893,000 after acquiring an additional 4,439 shares in the last quarter. Finally, Circle Wealth Management LLC lifted its stake in NVIDIA by 16.1% during the 3rd quarter. Circle Wealth Management LLC now owns 107,787 shares of the computer hardware maker's stock valued at $20,111,000 after acquiring an additional 14,936 shares in the last quarter. 65.27% of the stock is owned by institutional investors.

Wall Street Analyst Weigh In

NVDA has been the topic of several recent analyst reports. Barclays restated an "overweight" rating on shares of NVIDIA in a research note on Thursday. Wells Fargo & Company reaffirmed an "overweight" rating and set a $315.00 target price (up from $265.00) on shares of NVIDIA in a research report on Tuesday, May 12th. Argus raised their target price on NVIDIA from $220.00 to $270.00 and gave the company a "buy" rating in a research report on Thursday. Weiss Ratings reaffirmed a "buy (b)" rating on shares of NVIDIA in a research report on Friday, April 10th. Finally, Jefferies Financial Group reaffirmed a "buy" rating and set a $300.00 target price (up from $275.00) on shares of NVIDIA in a research report on Thursday. Three equities research analysts have rated the stock with a Strong Buy rating, forty-eight have assigned a Buy rating and three have assigned a Hold rating to the company. According to MarketBeat.com, the stock currently has a consensus rating of "Buy" and an average price target of $303.27.

NVIDIA Trading Down 1.9%

Shares of NVDA opened at $215.33 on Friday. NVIDIA Corporation has a fifty-two week low of $129.16 and a fifty-two week high of $236.54. The business has a 50-day moving average of $196.10 and a 200 day moving average of $189.06. The company has a debt-to-equity ratio of 0.04, a quick ratio of 3.24 and a current ratio of 3.44. The firm has a market cap of $5.21 trillion, a P/E ratio of 32.98, a price-to-earnings-growth ratio of 0.67 and a beta of 2.25.

NVIDIA (NASDAQ:NVDA - Get Free Report) last issued its earnings results 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. NVIDIA had a return on equity of 96.94% and a net margin of 62.97%.The business had revenue of $81.62 billion during the quarter, compared to the consensus estimate of $78.42 billion. During the same quarter last year, the company earned $0.81 EPS. The firm's revenue was up 85.2% compared to the same quarter last year. As a group, research analysts forecast that NVIDIA Corporation will post 7.98 EPS for the current year.

NVIDIA Increases Dividend

The business also recently announced a quarterly dividend, which will be paid on Friday, June 26th. Shareholders of record on Thursday, June 4th will be paid a $0.25 dividend. The ex-dividend date is Thursday, June 4th. This represents a $1.00 annualized dividend and a yield of 0.5%. This is an increase from NVIDIA's previous quarterly dividend of $0.01. NVIDIA's dividend payout ratio is 15.31%.

NVIDIA announced that its Board of Directors has initiated a share buyback plan on Wednesday, May 20th that allows the company to buyback $80.00 billion in shares. This buyback authorization allows the computer hardware maker to reacquire up to 1.5% of its stock through open market purchases. Stock buyback plans are generally an indication that the company's management believes its stock is undervalued.

Key Stories Impacting NVIDIA

Here are the key news stories impacting NVIDIA this week:

• Positive Sentiment: NVIDIA delivered a record quarter with massive revenue growth, strong guidance, and record data center sales. The Tech Download: What you might have missed in Nvidia's earnings — a $200 billion opportunity and edge computing
• Positive Sentiment: The company raised its dividend sharply and approved an $80 billion buyback, signaling confidence in future cash generation. Nvidia Just Raised Its Dividend By 2,400% -- and That Wasn't Even the Biggest News From Its Earnings Report
• Positive Sentiment: Wall Street remains broadly bullish, with multiple analysts raising price targets after earnings. Nvidia stock continues to struggle after earnings, but analysts remain firmly bullish
• Neutral Sentiment: Despite the strong report, the market seems to be digesting the results rather than rewarding them, suggesting investors may think the bar was already very high. Nvidia Stock Misses Out on Friday's Rally. Here's How Much Traders See It Moving Next Week
• Negative Sentiment: Some investors remain worried about valuation, competition, and the possibility that AI spending growth could slow from current extreme levels. Why Nvidia Stock Is Barely Moving After Earnings Crushed Expectations

Insiders Place Their Bets

In other NVIDIA news, Director Aarti S. Shah sold 19,000 shares of the firm's stock in a transaction dated Thursday, March 19th. The stock was sold at an average price of $176.71, for a total value of $3,357,490.00. Following the completion of the transaction, the director owned 36,007 shares in the company, valued at $6,362,796.97. This trade represents a 34.54% decrease in their position. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is available through this hyperlink. Also, EVP Ajay K. Puri sold 300,000 shares of the firm's stock in a transaction dated Wednesday, March 18th. The stock was sold at an average price of $182.25, for a total value of $54,675,000.00. Following the completion of the transaction, 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 position. The SEC filing for this sale provides additional information. Insiders have sold 906,336 shares of company stock worth $162,802,518 over the last quarter. Insiders own 4.17% of the company's stock.

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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