Bluebird Wealth Management LLC Invests $5.73 Million in NVIDIA Corporation $NVDA

Key Points

• Bluebird Wealth Management opened a new position in NVIDIA during the fourth quarter, buying 30,742 shares worth about $5.73 million. NVIDIA is now the fund’s largest holding, making up roughly 5.4% of its portfolio.
• Institutional investors continue to pile into NVIDIA, with the article noting several major funds increasing or initiating positions and 65.27% of the stock now held by institutions. This points to strong ongoing demand from large investors.
• NVIDIA’s recent results and outlook remain strong: it beat quarterly EPS and revenue expectations, raised its dividend, and announced an $80 billion share buyback. Analysts are still broadly bullish, with a consensus rating of Buy and an average price target of $305.38.

Bluebird Wealth Management LLC purchased a new position in NVIDIA Corporation (NASDAQ:NVDA - Free Report) in the 4th quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission. The fund purchased 30,742 shares of the computer hardware maker's stock, valued at approximately $5,733,000. NVIDIA makes up approximately 5.4% of Bluebird Wealth Management LLC's portfolio, making the stock its largest holding.

Several other large investors have also recently made changes to their positions in NVDA. Norges Bank bought a new position in shares of NVIDIA in the 2nd quarter worth $51,386,863,000. Capital Research Global Investors increased its position in NVIDIA by 16.1% during the 3rd quarter. Capital Research Global Investors now owns 165,377,852 shares of the computer hardware maker's stock valued at $30,855,564,000 after buying an additional 22,896,705 shares in the last quarter. Laurel Wealth Advisors LLC increased its position in NVIDIA by 15,496.1% during the 2nd quarter. Laurel Wealth Advisors LLC now owns 21,865,525 shares of the computer hardware maker's stock valued at $3,454,534,000 after buying an additional 21,725,326 shares in the last quarter. Danske Bank A S acquired a new position in NVIDIA during the 3rd quarter valued at about $3,180,313,000. Finally, Massachusetts Financial Services Co. MA increased its position in NVIDIA by 25.0% during the 3rd quarter. Massachusetts Financial Services Co. MA now owns 71,720,593 shares of the computer hardware maker's stock valued at $13,381,628,000 after buying an additional 14,358,048 shares in the last quarter. 65.27% of the stock is owned by institutional investors.

Wall Street Analysts Forecast Growth

Several research analysts recently issued reports on NVDA shares. HSBC reaffirmed a "buy" rating and set a $325.00 target price (up from $295.00) on shares of NVIDIA in a research report on Tuesday, May 19th. Itau BBA Securities reaffirmed a "market perform" rating on shares of NVIDIA in a research report on Thursday, February 26th. Robert W. Baird set a $500.00 target price on NVIDIA and gave the company an "outperform" rating in a research report on Thursday, May 21st. Fundamental Research set a $218.00 target price on NVIDIA in a research report on Thursday, February 26th. Finally, Needham & Company LLC reaffirmed a "buy" rating and set a $270.00 target price (up from $240.00) 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, NVIDIA has an average rating of "Buy" and a consensus price target of $305.38.

Insider Transactions at NVIDIA

In other NVIDIA news, Director Aarti S. Shah sold 19,000 shares of the firm's stock in a transaction on 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 sale, the director directly owned 36,007 shares in the company, valued at $6,362,796.97. This trade represents a 34.54% decrease in their ownership of the stock. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is available at this hyperlink. Also, Director John Dabiri sold 3,004 shares of the firm's stock in a transaction on Friday, March 13th. The shares were sold at an average price of $184.90, for a total value of $555,439.60. Following the completion of the sale, the director owned 14,788 shares in the company, valued at approximately $2,734,301.20. This represents a 16.88% decrease in their ownership of the stock. Additional details regarding this sale are available in the official SEC disclosure. Insiders sold a total of 906,961 shares of company stock valued at $162,936,268 in the last 90 days. Insiders own 3.94% of the company's stock.

Key Stories Impacting NVIDIA

Here are the key news stories impacting NVIDIA this week:

• Positive Sentiment: Investors are looking ahead to next week’s Computex conference, which could provide a fresh catalyst for NVIDIA’s AI-chip leadership and keep sentiment constructive around the stock. Why Nvidia stock is up around 1% today
• Positive Sentiment: Analysts and commentators continue to point to NVIDIA as the main winner from the AI server boom, with strong demand for its chips, Blackwell products, and broader data-center ecosystem. Jim Cramer names Nvidia as the winner behind Dell rally
• Positive Sentiment: News that NVIDIA is investing heavily in photonics, with billions directed toward next-generation data-center connectivity, suggests the company is trying to extend its AI leadership beyond GPUs into the next bottlenecks in AI infrastructure. Nvidia is investing billions into this emerging technology that could change the AI industry
• Positive Sentiment: Truist raised its price target on NVDA to $307 and kept a Buy rating, reinforcing the view that the company’s strong quarterly results and growth outlook remain intact. NVIDIA Corporation (NVDA) Stock Update: Truist Raises Target to $307 Following Strong Quarter
• Neutral Sentiment: CEO Jensen Huang’s reported advisory-board role at Tsinghua University keeps NVIDIA visible in China-related tech circles, but it is more of a corporate-profile headline than a direct earnings driver. Nvidia chief Jensen Huang to join board of Beijing's Tsinghua University, FT reports
• Negative Sentiment: Director John Dabiri sold 625 shares under a pre-arranged 10b5-1 trading plan, which is routine but can still add to investor caution when the stock is already expensive and volatile. SEC filing for John Dabiri transaction
• Negative Sentiment: Several articles highlight concerns that NVIDIA’s valuation is stretched and that the stock may be struggling to extend gains after a huge AI-driven run, which can weigh on near-term trading. Nvidia And The Reality Of Paying For Perfection

NVIDIA Price Performance

Shares of NVIDIA stock opened at $211.14 on Friday. The business has a 50 day simple moving average of $199.28 and a two-hundred day simple moving average of $189.70. NVIDIA Corporation has a 12 month low of $132.92 and a 12 month high of $236.54. The stock has a market capitalization of $5.11 trillion, a P/E ratio of 32.33, a PEG ratio of 0.51 and a beta of 2.25. The company has a debt-to-equity ratio of 0.04, a current ratio of 3.44 and a quick ratio of 2.85.

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, beating 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 firm had revenue of $81.62 billion during the quarter, compared to analysts' expectations of $78.42 billion. During the same quarter last year, the firm earned $0.81 earnings per share. The business's revenue for the quarter was up 85.2% on a year-over-year basis. As a group, analysts predict that NVIDIA Corporation will post 8.04 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. Investors of record on Thursday, June 4th will be issued a $0.25 dividend. This represents a $1.00 dividend on an annualized basis and a 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 dividend payout ratio (DPR) is 0.61%.

NVIDIA announced that its board has approved a share buyback program on Wednesday, May 20th that permits the company to buyback $80.00 billion in outstanding shares. This buyback authorization permits the computer hardware maker to reacquire up to 1.5% of its stock through open market purchases. Stock buyback programs are usually a sign that the company's board believes its shares are undervalued.

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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