Byrne Asset Management LLC Has $6.62 Million Stock Holdings in NVIDIA Corporation $NVDA

Key Points

• Byrne Asset Management reduced its NVIDIA stake by 6.9% in the second quarter, selling 2,466 shares and retaining 33,097 shares valued at approximately $6.62 million. NVIDIA remains the fund’s fourth-largest holding, representing 3.6% of its portfolio.
• Analysts remain bullish on NVIDIA: the stock has a consensus “Buy” rating and an average price target of $305.94. The company also reported quarterly EPS and revenue above expectations, with revenue up 85.2% year over year.
• NVIDIA increased its quarterly dividend to $0.25 per share and authorized an $80 billion share-repurchase program. However, insiders sold approximately 1.9 million shares worth $410.6 million during the quarter, while investors remain watchful of high expectations, valuation and AI infrastructure risks.

Byrne Asset Management LLC cut its holdings in shares of NVIDIA Corporation (NASDAQ:NVDA - Free Report) by 6.9% during the second quarter, according to its most recent 13F filing with the Securities and Exchange Commission. The fund owned 33,097 shares of the computer hardware maker's stock after selling 2,466 shares during the quarter. NVIDIA comprises 3.6% of Byrne Asset Management LLC's portfolio, making the stock its 4th biggest holding. Byrne Asset Management LLC's holdings in NVIDIA were worth $6,622,000 as of its most recent SEC filing.

A number of other large investors have also added to or reduced their stakes in the business. Stonehearth Capital Management LLC increased its holdings in shares of NVIDIA by 11.0% in the second quarter. Stonehearth Capital Management LLC now owns 2,017 shares of the computer hardware maker's stock valued at $404,000 after purchasing an additional 200 shares during the last quarter. Evanson Financial LLC acquired a new stake in shares of NVIDIA during the 2nd quarter worth about $9,408,000. IMZ Advisory Inc boosted its holdings in shares of NVIDIA by 0.4% during the 2nd quarter. IMZ Advisory Inc now owns 18,066 shares of the computer hardware maker's stock worth $3,615,000 after buying an additional 66 shares during the period. Midwest Financial Network LLC boosted its holdings in shares of NVIDIA by 3.5% during the 2nd quarter. Midwest Financial Network LLC now owns 2,077 shares of the computer hardware maker's stock worth $416,000 after buying an additional 71 shares during the period. Finally, Israel Discount Bank of New York acquired a new position in NVIDIA in the 2nd quarter valued at about $227,000. Institutional investors own 65.27% of the company's stock.

Wall Street Analysts Forecast Growth

NVDA has been the subject of several research reports. Itau BBA Securities dropped their price target on NVIDIA from $256.00 to $218.00 in a report on Wednesday, June 24th. Morgan Stanley reaffirmed an "overweight" rating on shares of NVIDIA in a report on Tuesday, August 11th. Royal Bank Of Canada set a $280.00 price objective on NVIDIA in a research report on Thursday, May 21st. Melius Research set a $400.00 target price on shares of NVIDIA in a research report on Thursday, May 21st. Finally, Needham & Company LLC reaffirmed a "buy" rating and set a $270.00 price target on shares of NVIDIA in a research report on Tuesday, June 2nd. Three investment analysts have rated the stock with a Strong Buy rating, forty-eight have issued a Buy rating and two have assigned a Hold rating to the company's stock. Based on data from MarketBeat.com, NVIDIA currently has a consensus rating of "Buy" and an average target price of $305.94.

NVIDIA Price Performance

NVDA stock opened at $225.16 on Monday. The company's 50-day moving average price is $206.14 and its two-hundred day moving average price is $198.60. The firm has a market cap of $5.45 trillion, a P/E ratio of 34.48, a P/E/G ratio of 0.44 and a beta of 2.23. The company has a quick ratio of 2.85, a current ratio of 3.44 and a debt-to-equity ratio of 0.04. NVIDIA Corporation has a 12 month low of $164.07 and a 12 month high of $236.54.

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

NVIDIA Increases Dividend

The firm also recently announced a quarterly dividend, which was paid on Friday, June 26th. Shareholders of record on Thursday, June 4th were paid a dividend of $0.25 per share. The ex-dividend date was Thursday, June 4th. This is a boost from NVIDIA's previous quarterly dividend of $0.01. This represents a $1.00 annualized dividend and a yield of 0.4%. NVIDIA's dividend payout ratio is currently 15.31%.

NVIDIA declared that its board has approved a share repurchase program 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 shares through open market purchases. Shares repurchase programs are usually a sign that the company's management believes its shares are undervalued.

Insider Buying and Selling at NVIDIA

In related news, Director Mark A. Stevens sold 885,000 shares of the company's stock in a transaction on Thursday, June 18th. The stock was sold at an average price of $210.17, for a total transaction of $186,000,450.00. Following the completion of the sale, the director directly owned 5,207,271 shares in the company, valued at $1,094,412,146.07. This represents a 14.53% decrease in their position. The sale was disclosed in a filing with the Securities & Exchange Commission, which is available through this link. Also, Director John Dabiri sold 625 shares of the company's stock in a transaction on Wednesday, May 27th. The stock was sold at an average price of $214.00, for a total value of $133,750.00. Following the sale, the director owned 14,163 shares of the company's stock, valued at approximately $3,030,882. This represents a 4.23% decrease in their ownership of the stock. The SEC filing for this sale provides additional information. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. In the last quarter, insiders have sold 1,901,125 shares of company stock valued at $410,583,015. 3.94% of the stock is currently owned by corporate insiders.

Key Stories Impacting NVIDIA

Here are the key news stories impacting NVIDIA this week:

• Positive Sentiment: UBS expects another major earnings beat. The firm reiterated a Buy rating and $280 price target, forecasting that NVIDIA could exceed its fiscal second-quarter revenue outlook of $91 billion by several billion dollars as GB300 demand ramps ahead of the Vera Rubin platform. UBS earnings outlook
• Positive Sentiment: A proposed $500 billion financing initiative could expand customers’ purchasing capacity. Apollo, BlackRock, Brookfield, Goldman Sachs and other financial firms are discussing capital pools and securitized loans for AI data centers. The structure could support continued GPU deployments and create a secondary market for older NVIDIA systems. NVIDIA GPU financing deal
• Positive Sentiment: Demand catalysts continue to broaden. NVIDIA is promoting open-source AI tools, expanding into robotics and physical AI, partnering with former rival Groq, and deepening its networking and infrastructure business. A $2 billion investment in Marvell also highlights efforts to strengthen the broader AI supply chain. NVIDIA open-source AI strategy
• Neutral Sentiment: Market volatility appears driven more by liquidity than fundamentals. Asian market circuit breakers and currency-related selling pressured semiconductor shares, but the underlying hyperscaler data-center buildout and long-term AI infrastructure commitments remain intact. Asian market volatility and AI demand
• Negative Sentiment: Expectations and valuation leave little room for disappointment. Analysts note that NVIDIA’s strong pre-earnings performance has set a high bar, while critics—including Michael Burry—warn that AI financing may become circular if customers rely heavily on borrowed capital. Concerns also include power, labor and chip-supply bottlenecks, as well as the risk that Chinese developers optimize models for Huawei hardware instead of U.S. GPUs. AI infrastructure bottlenecks

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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