Berkshire Capital Holdings Inc. Sells 29,940 Shares of NVIDIA Corporation $NVDA

Key Points

• Berkshire Capital Holdings reduced its NVIDIA stake by 7.1% in the fourth quarter, selling 29,940 shares and leaving it with 391,860 shares valued at about $73.1 million. NVIDIA remains its largest holding, making up 24.2% of the portfolio.
• NVIDIA reported strong quarterly results, beating both EPS and revenue estimates, with revenue up 85.2% year over year. Analysts still expect continued growth, forecasting $8.61 in EPS for the current fiscal year.
• The company boosted shareholder returns by raising its quarterly dividend from $0.01 to $0.25 per share and authorizing an $80 billion share buyback. Wall Street remains broadly bullish, with a consensus rating of Buy and an average price target of $305.67.

Berkshire Capital Holdings Inc. lessened its holdings in shares of NVIDIA Corporation (NASDAQ:NVDA - Free Report) by 7.1% during the 4th quarter, according to its most recent disclosure with the SEC. The institutional investor owned 391,860 shares of the computer hardware maker's stock after selling 29,940 shares during the quarter. NVIDIA comprises about 24.2% of Berkshire Capital Holdings Inc.'s holdings, making the stock its biggest holding. Berkshire Capital Holdings Inc.'s holdings in NVIDIA were worth $73,082,000 at the end of the most recent quarter.

A number of other large investors have also recently made changes to their positions in NVDA. Longfellow Investment Management Co. LLC increased its stake in shares of 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 buying an additional 67 shares during the period. Spurstone Advisory Services LLC purchased a new stake in shares of NVIDIA during the second quarter worth approximately $40,000. Syntax Research Inc. increased its stake in shares of NVIDIA by 62.5% during the fourth quarter. Syntax Research Inc. now owns 260 shares of the computer hardware maker's stock worth $49,000 after buying an additional 100 shares during the period. Sellwood Investment Partners LLC purchased a new stake in shares of NVIDIA during the third quarter worth approximately $50,000. Finally, Networth Advisors LLC purchased a new stake in shares of NVIDIA during the fourth quarter worth approximately $51,000. 65.27% of the stock is currently owned by hedge funds and other institutional investors.

NVIDIA Stock Performance

Shares of NVIDIA stock opened at $205.10 on Friday. The firm has a market capitalization of $4.96 trillion, a P/E ratio of 31.41, a P/E/G ratio of 0.46 and a beta of 2.22. NVIDIA Corporation has a 52 week low of $140.85 and a 52 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 is $203.37 and its two-hundred day moving average is $190.55.

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. The business had revenue of $81.62 billion for the quarter, compared to analyst estimates of $78.42 billion. NVIDIA had a net margin of 62.97% and a return on equity of 96.94%. The company's revenue for the quarter was up 85.2% compared to the same quarter last year. During the same period last year, the firm posted $0.81 earnings per share. Research analysts forecast that NVIDIA Corporation will post 8.61 EPS for the current fiscal year.

NVIDIA Increases Dividend

The firm 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. This represents a $1.00 dividend on an annualized basis and a dividend yield of 0.5%. This is a boost from NVIDIA's previous quarterly dividend of $0.01. The ex-dividend date is Thursday, June 4th. NVIDIA's payout ratio is 15.31%.

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

Wall Street Analyst Weigh In

A number of research firms recently weighed in on NVDA. HSBC restated a "buy" rating and set a $325.00 target price (up from $295.00) on shares of NVIDIA in a research note on Tuesday, May 19th. Citic Securities upped their target price on shares of NVIDIA from $242.00 to $315.00 and gave the stock a "buy" rating in a research note on Friday, May 22nd. Weiss Ratings restated a "buy (b)" rating on shares of NVIDIA in a research note on Friday, April 10th. Rothschild & Co Redburn upped their target price on shares of NVIDIA from $280.00 to $300.00 and gave the stock a "buy" rating in a research note on Tuesday, May 26th. Finally, Raymond James Financial reiterated a "strong-buy" rating and issued a $330.00 price target on shares of NVIDIA in a research note on Thursday, May 21st. Three analysts have rated the stock with a Strong Buy rating, forty-eight have given a Buy rating and three have issued a Hold rating to the company's stock. According to MarketBeat.com, the company currently has a consensus rating of "Buy" and an average price target of $305.67.

NVIDIA News Summary

Here are the key news stories impacting NVIDIA this week:

• Positive Sentiment: NVIDIA continues to win bullish analyst coverage, with firms like China Renaissance and KeyBanc reiterating optimistic views and high price targets, reinforcing expectations for further upside. China Renaissance rating update
• Positive Sentiment: NVIDIA’s ecosystem is expanding, including a major AI partnership with Taiwan Semiconductor and new collaborations across software, memory, and connectivity, which supports future demand for its AI platforms. Taiwan Semiconductor Manufacturing Signs Major AI Deal With Nvidia
• Positive Sentiment: Jensen Huang’s trip to South Korea has highlighted new growth avenues, including robotics and deeper supplier relationships, adding to NVIDIA’s long-term growth narrative. Nvidia CEO sees robotics as next major sector in South Korea
• Positive Sentiment: Recent commentary says NVIDIA’s Blackwell ramp, CUDA software moat, and AI inference exposure keep the growth story strong, helping investors view pullbacks as buyable. Analyst Picks NVIDIA Over Every Other AI Chip Stock Right Now
• Positive Sentiment: The company’s new PC chip push and RTX Spark product could open another growth lane beyond data centers, even if the market is still digesting the near-term implications. Nvidia's PC Chip Reveal Obscures a Bigger Catalyst for the Stock
• Neutral Sentiment: NVIDIA recently reported strong quarterly results, beat revenue and EPS estimates, and authorized an $80 billion buyback plus a much larger dividend, but those positives are already well known and may be partly priced in. NVIDIA insider trades report
• Negative Sentiment: Broad semiconductor weakness and softer risk appetite after strong jobs data have pressured AI chip stocks, with investors questioning whether the sector’s valuation has gotten ahead of fundamentals. Nvidia stock crashes another 3% today: why Computex failed to spark a rally
• Negative Sentiment: Senator Elizabeth Warren’s invitation for Jensen Huang to testify on China chip sales adds regulatory and export-control overhang around NVIDIA’s business in China. Warren invites Nvidia CEO Jensen Huang to Senate hearing on China AI chip sales
• Negative Sentiment: Director Mark Stevens’ large share sale is also weighing on sentiment, since insider selling can make investors cautious even when the underlying business remains strong. NVIDIA insider trading filing

Insider Buying and Selling at NVIDIA

In other 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 transaction, the executive vice president directly owned 3,018,547 shares in the company, valued at approximately $550,130,190.75. This trade represents a 9.04% decrease in their ownership of the stock. The sale was disclosed in a legal filing with the SEC, which is accessible through this link. Also, Director Aarti S. Shah sold 19,000 shares of the firm's stock in a transaction that occurred on Thursday, March 19th. The stock was sold at an average price of $176.71, for a total transaction of $3,357,490.00. Following the transaction, the director owned 36,007 shares in the company, valued at approximately $6,362,796.97. This trade represents a 34.54% decrease in their ownership of the stock. The disclosure for this sale is available in the SEC filing. In the last quarter, insiders sold 1,922,461 shares of company stock valued at $387,385,083. 3.94% of the stock is owned by company insiders.

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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