Beam Wealth Advisors Inc. Sells 2,256 Shares of NVIDIA Corporation $NVDA

Key Points

• Beam Wealth Advisors Inc. trimmed its NVIDIA stake by 3.5% in the fourth quarter, selling 2,256 shares and leaving it with 62,897 shares valued at about $11.73 million.
• NVIDIA reported strong quarterly results, with EPS of $1.87 and revenue of $81.62 billion, both beating expectations and showing revenue growth of 85.2% year over year.
• The company’s board approved an $80 billion share repurchase program and raised its quarterly dividend to $0.25 per share from $0.01, signaling confidence in its financial strength.

Beam Wealth Advisors Inc. lessened its stake in NVIDIA Corporation (NASDAQ:NVDA - Free Report) by 3.5% in the 4th quarter, according to the company in its most recent Form 13F filing with the SEC. The fund owned 62,897 shares of the computer hardware maker's stock after selling 2,256 shares during the quarter. NVIDIA comprises about 3.2% of Beam Wealth Advisors Inc.'s holdings, making the stock its 5th largest holding. Beam Wealth Advisors Inc.'s holdings in NVIDIA were worth $11,730,000 as of its most recent filing with the SEC.

A number of other institutional investors have also recently added to or reduced their stakes in NVDA. Longfellow Investment Management Co. LLC increased 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 purchasing an additional 67 shares during the last quarter. Spurstone Advisory Services LLC acquired a new position in NVIDIA in the 2nd quarter valued at about $40,000. Syntax Research Inc. grew its stake in shares of NVIDIA by 62.5% in the 4th quarter. Syntax Research Inc. now owns 260 shares of the computer hardware maker's stock valued at $49,000 after buying an additional 100 shares during the period. Sellwood Investment Partners LLC acquired a new stake in shares of NVIDIA during the 3rd quarter worth approximately $50,000. Finally, Networth Advisors LLC purchased a new stake in shares of NVIDIA during the 4th quarter valued at approximately $51,000. Hedge funds and other institutional investors own 65.27% of the company's stock.

NVIDIA Price Performance

Shares of NVDA opened at $222.82 on Wednesday. The company has a market cap of $5.39 trillion, a P/E ratio of 34.12, a PEG ratio of 0.54 and a beta of 2.22. NVIDIA Corporation has a fifty-two week low of $137.95 and a fifty-two week high of $236.54. The company has a quick ratio of 2.85, a current ratio of 3.44 and a debt-to-equity ratio of 0.04. The firm's 50 day moving average price is $200.19 and its 200 day moving average price is $189.85.

NVIDIA (NASDAQ:NVDA - Get Free Report) last posted its quarterly 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 net margin of 62.97% and a return on equity of 96.94%. The business had revenue of $81.62 billion during the quarter, compared to the consensus estimate of $78.42 billion. During the same quarter in the previous year, the firm posted $0.81 earnings per share. The company's quarterly revenue was up 85.2% compared to the same quarter last year. On average, research analysts forecast that NVIDIA Corporation will post 8.04 earnings per share for the current fiscal year.

NVIDIA declared that its board has initiated a stock repurchase plan on Wednesday, May 20th that authorizes the company to repurchase $80.00 billion in shares. This repurchase authorization authorizes the computer hardware maker to reacquire up to 1.5% of its stock through open market purchases. Stock repurchase plans are usually a sign that the company's board of directors believes its stock is undervalued.

NVIDIA Increases Dividend

The firm also recently announced a quarterly dividend, which will be paid on Friday, June 26th. Investors of record on Thursday, June 4th will be issued a $0.25 dividend. This represents a $1.00 annualized dividend and a yield of 0.4%. This is a boost from NVIDIA's previous quarterly dividend of $0.01. The ex-dividend date of this dividend is Thursday, June 4th. NVIDIA's dividend payout ratio is currently 0.61%.

Insider Buying and Selling at NVIDIA

In other NVIDIA news, EVP Ajay K. Puri sold 300,000 shares of the firm's stock in a transaction that occurred on Wednesday, March 18th. The shares were sold at an average price of $182.25, for a total transaction of $54,675,000.00. Following the sale, the executive vice president owned 3,018,547 shares of the company's stock, valued at approximately $550,130,190.75. This trade represents a 9.04% decrease in their ownership of the stock. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which can be accessed through this link. Also, Director Mark A. Stevens sold 221,682 shares of the business's stock in a transaction that occurred on Friday, March 20th. The stock was sold at an average price of $173.68, for a total transaction of $38,501,729.76. Following the sale, the director owned 7,399,771 shares of the company's stock, valued at $1,285,192,227.28. This represents a 2.91% decrease in their position. Additional details regarding this sale are available in the official SEC disclosure. In the last ninety days, insiders have sold 906,961 shares of company stock worth $162,936,268. 3.94% of the stock is currently owned by corporate insiders.

Analyst Ratings Changes

Several equities research analysts have issued reports on the company. Argus raised their target price on NVIDIA from $220.00 to $270.00 and gave the stock a "buy" rating in a research note on Thursday, May 21st. Fundamental Research set a $218.00 price objective on NVIDIA in a research report on Thursday, February 26th. DZ Bank restated a "buy" rating on shares of NVIDIA in a report on Thursday, May 21st. Morgan Stanley set a $288.00 target price on shares of NVIDIA and gave the company an "overweight" rating in a research report on Thursday, May 21st. Finally, Benchmark reiterated a "buy" rating and set a $335.00 price target (up from $250.00) on shares of NVIDIA in a research report on Thursday, May 21st. Three investment analysts have rated the stock with a Strong Buy rating, forty-seven have issued a Buy rating and three have issued a Hold rating to the company. According to MarketBeat, the stock currently has a consensus rating of "Buy" and a consensus target price of $305.38.

NVIDIA News Summary

Here are the key news stories impacting NVIDIA this week:

• Positive Sentiment: NVIDIA unveiled its RTX Spark PC superchip and a broader push into AI PCs with partners like Microsoft, Dell, HP, and Lenovo, opening a new market beyond data centers and pressuring Intel, AMD, and Qualcomm. Nvidia's new chip to power fresh line of Windows laptops by Dell, HP
• Positive Sentiment: The company also launched Vera Rubin, Vera CPU, and the DSX AI-factory platform, signaling stronger long-term demand for its chips, networking, software, and infrastructure tools. NVIDIA Vera Rubin ramps into full production
• Positive Sentiment: CEO Jensen Huang’s comments boosted the AI ecosystem around NVIDIA, with Marvell, Arm, and several infrastructure partners rallying on his endorsements and product roadmap. Nvidia's Jensen Huang says Marvell could be the next trillion-dollar company
• Positive Sentiment: Needham reaffirmed a Buy rating and raised its price target to $270, adding to a generally bullish analyst backdrop for NVDA. Benzinga report on Needham rating
• Neutral Sentiment: Some articles noted that NVDA has been consolidating near highs and that a near-term pullback is possible after the recent run, even though the longer-term thesis remains intact.
• Negative Sentiment: There were also reminders of risks, including U.S.-China export scrutiny, Chinese efforts to build alternatives, and reports of insider selling, which could temper enthusiasm around the stock.

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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