Asset Dedication LLC Sells 16,501 Shares of NVIDIA Corporation $NVDA

Key Points

• Asset Dedication LLC reduced its NVIDIA position by 15.2%, selling 16,501 shares in the first quarter and retaining 92,118 shares valued at approximately $16.1 million.
• NVIDIA insiders sold 1.9 million shares worth about $410.6 million over the past 90 days, including substantial sales by directors Mark A. Stevens and Stephen C. Neal.
• Analysts remain broadly bullish, with a consensus “Buy” rating and an average price target of $304.26, but investors are watching upcoming August 26 earnings and risks tied to AI financing, competition and potential GPU depreciation.

Asset Dedication LLC cut its holdings in NVIDIA Corporation (NASDAQ:NVDA - Free Report) by 15.2% in the first quarter, according to the company in its most recent Form 13F filing with the SEC. The institutional investor owned 92,118 shares of the computer hardware maker's stock after selling 16,501 shares during the quarter. NVIDIA makes up 1.1% of Asset Dedication LLC's portfolio, making the stock its 12th largest position. Asset Dedication LLC's holdings in NVIDIA were worth $16,065,000 as of its most recent SEC filing.

Other institutional investors have also made changes to their positions in the company. Lifetime Wealth Management P.C. bought a new position in shares of NVIDIA in the fourth quarter worth about $26,000. Longview Financial Advisors Inc. bought a new stake in shares of NVIDIA during the first quarter valued at approximately $27,000. Longfellow Investment Management Co. LLC increased its holdings in shares of NVIDIA by 47.9% in the second quarter. Longfellow Investment Management Co. LLC now owns 207 shares of the computer hardware maker's stock valued at $33,000 after purchasing an additional 67 shares in the last quarter. Phillip James Consulting Co. acquired a new stake in shares of NVIDIA in the first quarter valued at approximately $40,000. Finally, Spurstone Advisory Services LLC bought a new position in NVIDIA in the 2nd quarter worth approximately $40,000. 65.27% of the stock is owned by institutional investors.

Insider Buying and Selling at NVIDIA

In other news, Director Stephen C. Neal sold 15,500 shares of NVIDIA stock in a transaction on Wednesday, June 3rd. The shares were sold at an average price of $215.73, for a total transaction of $3,343,815.00. Following the transaction, the director directly owned 116,135 shares of the company's stock, valued at $25,053,803.55. This trade represents a 11.77% decrease in their ownership of the stock. The sale was disclosed in a document filed with the SEC, which is available through this hyperlink. Also, Director Mark A. Stevens sold 885,000 shares of the business's stock in a transaction on Thursday, June 18th. The shares were sold at an average price of $210.17, for a total transaction of $186,000,450.00. Following the completion of the transaction, the director directly owned 5,207,271 shares of the company's stock, valued at $1,094,412,146.07. This trade represents a 14.53% decrease in their position. Additional details regarding this sale are available in the official SEC disclosure. Over the last 90 days, insiders sold 1,901,125 shares of company stock valued at $410,583,015. Corporate insiders own 3.94% of the company's stock.

NVIDIA News Summary

Here are the key news stories impacting NVIDIA this week:

• Positive Sentiment: NVIDIA is partnering with Apollo, BlackRock, Blackstone, Brookfield, Goldman Sachs and KKR to mobilize more than $500 billion in third-party capital for AI data centers, power infrastructure and GPU deployments. The initiative could accelerate customer purchases without requiring NVIDIA to fund the entire buildout directly. Nvidia Just Recruited Wall Street to Help Fund $500 Billion in AI Infrastructure
• Positive Sentiment: CEO Jensen Huang’s characterization of GPUs as “revenue-generating assets” supports a broader financing market for computing capacity. However, NVIDIA may provide residual-value support of up to 25% in some transactions, potentially helping overcome lender concerns and expanding demand for its systems. Nvidia Partners With Major Wall Street Players to Raise $500B
• Positive Sentiment: IBM and Together AI signed a multiyear, $240 million agreement to build an NVIDIA-powered AI inference cluster on IBM Cloud, providing a concrete commercial validation of continued demand for NVIDIA systems. IBM and Together AI Ink $240 Million Deal
• Positive Sentiment: Wells Fargo reaffirmed an Overweight rating with a $315 price target, while Bank of America maintained a Buy rating and expects NVIDIA’s August 26 earnings report could begin a multiquarter estimate-upgrade cycle. Wells Fargo on NVIDIA
• Positive Sentiment: Reports that NVIDIA is developing Nemotron 4 open-source models, following the release of Nemotron 3.5 Lightning, suggest the company is expanding beyond hardware into software that could lower customers’ AI costs and strengthen platform adoption. NVIDIA Is Developing Nemotron 4 Open-Source Models
• Neutral Sentiment: Investors are awaiting fiscal second-quarter results on August 26. Recent coverage points to roughly $91 billion in company guidance, with upside estimates near $94–$95 billion; the report is likely to determine whether the financing announcement translates into stronger operating expectations.
• Neutral Sentiment: Cathie Wood’s ARK Invest reportedly added NVIDIA shares, offering a modest sentiment boost, while reports of an asset-manager stake reduction and a congressional sale are unlikely to materially affect the company’s fundamentals.
• Negative Sentiment: Analysts warn that NVIDIA’s potential residual-value guarantees could expose it to losses if AI projects fail or GPU prices decline. Rapid hardware depreciation, particularly if China supplies cheaper computing capacity, could weaken the collateral backing the financing.
• Negative Sentiment: The strategy has prompted “circular financing” concerns: NVIDIA helps finance customers that then buy NVIDIA hardware. Critics fear this could inflate demand temporarily, increase credit risk and make the stock more vulnerable if AI infrastructure spending slows. Why Jensen Huang’s $500 Billion AI Financing Plan Faces China Risk
• Negative Sentiment: Microsoft’s development of custom AI silicon and Broadcom’s faster-growing custom-chip business highlight longer-term competitive risks to NVIDIA’s dominant position, even as near-term demand remains strong.

Analyst Upgrades and Downgrades

A number of research analysts have commented on NVDA shares. President Capital increased their price objective on NVIDIA from $280.00 to $295.00 and gave the company a "buy" rating in a research report on Thursday, May 21st. Cantor Fitzgerald restated an "overweight" rating and set a $350.00 target price on shares of NVIDIA in a research report on Thursday, May 21st. Susquehanna reaffirmed a "positive" rating and set a $275.00 price target (up from $250.00) on shares of NVIDIA in a research note on Tuesday, May 12th. The Goldman Sachs Group reiterated a "buy" rating on shares of NVIDIA in a report on Tuesday. Finally, Barclays reiterated an "overweight" rating on shares of NVIDIA in a research report on Thursday, May 21st. Three analysts have rated the stock with a Strong Buy rating, forty-eight have issued a Buy rating and two have issued a Hold rating to the company's stock. According to data from MarketBeat.com, NVIDIA has a consensus rating of "Buy" and an average price target of $304.26.

NVIDIA Trading Down 0.0%

NASDAQ NVDA opened at $217.50 on Wednesday. NVIDIA Corporation has a 12 month low of $164.07 and a 12 month high of $236.54. The stock has a 50-day simple moving average of $205.42 and a 200 day simple moving average of $197.78. The company has a current ratio of 3.44, a quick ratio of 2.85 and a debt-to-equity ratio of 0.04. The company has a market capitalization of $5.26 trillion, a PE ratio of 33.31, a P/E/G ratio of 0.42 and a beta of 2.23.

NVIDIA (NASDAQ:NVDA - Get Free Report) last posted its earnings results on Wednesday, May 20th. The computer hardware maker reported $1.87 earnings per share (EPS) for the quarter, topping the consensus estimate of $1.76 by $0.11. The company had revenue of $81.61 billion during the quarter, compared to analyst estimates of $78.42 billion. NVIDIA had a return on equity of 96.94% and a net margin of 62.97%.The company's revenue for the quarter was up 85.2% compared to the same quarter last year. During the same period in the previous year, the company earned $0.81 EPS. Research analysts forecast that NVIDIA Corporation will post 8.79 EPS for the current year.

NVIDIA declared that its board has initiated a share repurchase plan on Wednesday, May 20th that allows the company to repurchase $80.00 billion in shares. This repurchase authorization allows the computer hardware maker to purchase up to 1.5% of its shares through open market purchases. Shares repurchase plans are usually an indication that the company's management believes its shares are undervalued.

NVIDIA Increases Dividend

The company also recently disclosed a quarterly dividend, which was paid on Friday, June 26th. Investors of record on Thursday, June 4th were issued a dividend of $0.25 per share. This is an increase from NVIDIA's previous quarterly dividend of $0.01. This represents a $1.00 dividend on an annualized basis and a yield of 0.5%. The ex-dividend date was Thursday, June 4th. NVIDIA's dividend payout ratio is presently 15.31%.

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.

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