Ashton Thomas Securities LLC Sells 2,412 Shares of NVIDIA Corporation $NVDA

Key Points

• Ashton Thomas Securities LLC trimmed its NVIDIA stake by 2.1% in the fourth quarter, selling 2,412 shares and ending with 113,322 shares valued at about $21.15 million.
• NVIDIA reported strong quarterly results, with EPS of $1.87 topping estimates and revenue of $81.62 billion, up 85.2% year over year.
• The company boosted shareholder returns by raising its quarterly dividend to $0.25 per share and authorizing an $80 billion share buyback, while analysts still broadly rate the stock a Buy.

Ashton Thomas Securities LLC reduced its holdings in shares of NVIDIA Corporation (NASDAQ:NVDA - Free Report) by 2.1% during the 4th quarter, according to the company in its most recent 13F filing with the SEC. The institutional investor owned 113,322 shares of the computer hardware maker's stock after selling 2,412 shares during the period. NVIDIA comprises about 4.0% of Ashton Thomas Securities LLC's investment portfolio, making the stock its 3rd biggest position. Ashton Thomas Securities LLC's holdings in NVIDIA were worth $21,146,000 at the end of the most recent quarter.

Several other institutional investors have also made changes to their positions in NVDA. Longfellow Investment Management Co. LLC boosted its position in shares of NVIDIA by 47.9% during the 2nd quarter. Longfellow Investment Management Co. LLC now owns 207 shares of the computer hardware maker's stock valued at $33,000 after acquiring an additional 67 shares in the last quarter. Spurstone Advisory Services LLC acquired a new stake in shares of NVIDIA during the 2nd quarter valued at about $40,000. Syntax Research Inc. boosted its position in shares of NVIDIA by 62.5% during the 4th quarter. Syntax Research Inc. now owns 260 shares of the computer hardware maker's stock valued at $49,000 after acquiring an additional 100 shares in the last quarter. Sellwood Investment Partners LLC acquired a new position in NVIDIA in the third quarter valued at about $50,000. Finally, Networth Advisors LLC acquired a new position in NVIDIA in the fourth quarter valued at about $51,000. 65.27% of the stock is currently owned by institutional investors and hedge funds.

NVIDIA Price Performance

Shares of NVDA stock opened at $215.33 on Tuesday. NVIDIA Corporation has a 1 year low of $129.16 and a 1 year high of $236.54. The firm's 50 day moving average is $196.74 and its 200-day moving average is $189.05. The firm has a market capitalization of $5.21 trillion, a price-to-earnings ratio of 32.98, a PEG 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.

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 (EPS) for the quarter, topping analysts' consensus estimates of $1.76 by $0.11. NVIDIA had a net margin of 62.97% and a return on equity of 96.94%. The company had revenue of $81.62 billion for the quarter, compared to analyst estimates of $78.42 billion. During the same period in the prior year, the business earned $0.81 earnings per share. NVIDIA's quarterly revenue was up 85.2% on a year-over-year basis. Sell-side analysts forecast that NVIDIA Corporation will post 7.98 EPS for the current fiscal year.

NVIDIA Increases Dividend

The business also recently announced a quarterly dividend, which will be paid on Friday, June 26th. Stockholders of record on Thursday, June 4th will be given a dividend of $0.25 per share. The ex-dividend date is Thursday, June 4th. This is a positive change from NVIDIA's previous quarterly dividend of $0.01. This represents a $1.00 dividend on an annualized basis and a dividend yield of 0.5%. NVIDIA's dividend payout ratio (DPR) is currently 0.61%.

NVIDIA announced that its board has authorized a share buyback program on Wednesday, May 20th that allows the company to buyback $80.00 billion in shares. This buyback authorization allows the computer hardware maker to purchase up to 1.5% of its shares through open market purchases. Shares buyback programs are usually an indication that the company's board of directors believes its stock is undervalued.

Analyst Upgrades and Downgrades

A number of equities analysts have commented on the stock. Truist Financial boosted their price target on shares of NVIDIA from $287.00 to $307.00 and gave the company a "buy" rating in a research report on Thursday, May 21st. Itau BBA Securities restated a "market perform" rating on shares of NVIDIA in a research report on Thursday, February 26th. Zacks Research lowered shares of NVIDIA from a "strong-buy" rating to a "hold" rating in a research report on Thursday, May 21st. Citigroup assumed coverage on shares of NVIDIA in a research report on Wednesday, April 15th. They issued a "buy" rating on the stock. Finally, DZ Bank restated a "buy" rating 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 assigned a Buy rating and three have given a Hold rating to the company's stock. According to data from MarketBeat.com, the company presently has an average rating of "Buy" and an average price target of $303.27.

More NVIDIA News

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.

Insider Activity at NVIDIA

In other news, CFO Colette Kress sold 42,650 shares of the company's stock in a transaction that occurred on Friday, March 20th. The shares were sold at an average price of $174.89, for a total transaction of $7,459,058.50. Following the transaction, the chief financial officer directly owned 881,387 shares in the company, valued at approximately $154,145,772.43. This represents a 4.62% decrease in their ownership of the stock. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is accessible through this link. Also, EVP Ajay K. Puri sold 300,000 shares of the company's stock in a transaction that occurred on Wednesday, March 18th. The stock was sold at an average price of $182.25, for a total transaction of $54,675,000.00. Following the transaction, the executive vice president owned 3,018,547 shares in the company, valued at $550,130,190.75. The trade was a 9.04% decrease in their ownership of the stock. The disclosure for this sale is available in the SEC filing. Insiders sold 906,336 shares of company stock valued at $162,802,518 in the last three months. 4.17% of the stock is currently owned by corporate insiders.

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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