Cadent Capital Advisors LLC Has $2.37 Million Stock Holdings in NVIDIA Corporation $NVDA

Key Points

• Cadent Capital Advisors increased its NVIDIA position by 650% in the second quarter, acquiring 10,276 additional shares for a total holding of 11,857 shares valued at $2.37 million.
• Institutional investors and hedge funds own 65.27% of NVIDIA, while the company authorized an $80 billion stock-repurchase program representing up to 1.5% of outstanding shares.
• NVIDIA carries a consensus “Moderate Buy” rating with an average price target of $308.46, although insiders sold approximately $410.4 million of shares over the past 90 days.

Cadent Capital Advisors LLC boosted its holdings in shares of NVIDIA Corporation (NASDAQ:NVDA - Free Report) by 650.0% during the second quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The fund owned 11,857 shares of the computer hardware maker's stock after acquiring an additional 10,276 shares during the quarter. Cadent Capital Advisors LLC's holdings in NVIDIA were worth $2,373,000 at the end of the most recent quarter.

Other hedge funds and other institutional investors have also recently bought and sold shares of the company. Define Financial LLC boosted its holdings in NVIDIA by 36.5% in the second quarter. Define Financial LLC now owns 5,498 shares of the computer hardware maker's stock valued at $1,100,000 after acquiring an additional 1,471 shares during the last quarter. Signature Resources Capital Management LLC boosted its position in NVIDIA by 31.4% during the second quarter. Signature Resources Capital Management LLC now owns 3,481 shares of the computer hardware maker's stock valued at $696,000 after acquiring an additional 832 shares during the last quarter. Cromwell Holdings LLC boosted its position in NVIDIA by 1.7% during the second quarter. Cromwell Holdings LLC now owns 69,615 shares of the computer hardware maker's stock valued at $13,929,000 after acquiring an additional 1,143 shares during the last quarter. Drucker Wealth 3.0 LLC grew its holdings in NVIDIA by 2.2% during the 2nd quarter. Drucker Wealth 3.0 LLC now owns 47,038 shares of the computer hardware maker's stock worth $9,412,000 after acquiring an additional 1,026 shares during the period. Finally, Howland Capital Management LLC raised its position in shares of NVIDIA by 14.9% in the 2nd quarter. Howland Capital Management LLC now owns 626,042 shares of the computer hardware maker's stock worth $125,265,000 after acquiring an additional 81,221 shares in the last quarter. 65.27% of the stock is owned by institutional investors and hedge funds.

NVIDIA Price Performance

Shares of NASDAQ NVDA opened at $213.05 on Wednesday. The stock has a market cap of $5.16 trillion, a price-to-earnings ratio of 32.63, a PEG ratio of 0.41 and a beta of 2.23. The company has a debt-to-equity ratio of 0.04, a quick ratio of 2.85 and a current ratio of 3.44. NVIDIA Corporation has a fifty-two week low of $164.07 and a fifty-two week high of $236.54. The firm's 50-day simple moving average is $207.50 and its 200 day simple moving average is $200.09.

NVIDIA announced that its Board of Directors has approved a stock repurchase program on Wednesday, May 20th that authorizes the company to repurchase $80.00 billion in outstanding 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 typically an indication that the company's board believes its stock is undervalued.

Wall Street Analysts Forecast Growth

NVDA has been the topic of several research analyst reports. Seaport Research Partners upped their target price on NVIDIA from $140.00 to $180.00 and gave the company a "sell" rating in a research report on Thursday, May 21st. Rosenblatt Securities reaffirmed a "buy" rating and set a $325.00 price objective on shares of NVIDIA in a research report on Monday. DA Davidson set a $335.00 target price on shares of NVIDIA in a research report on Friday. Susquehanna restated a "positive" rating and issued a $275.00 price target (up from $250.00) on shares of NVIDIA in a report on Tuesday, May 12th. Finally, Melius Research set a $400.00 price objective on shares of NVIDIA in a research report on Thursday, May 21st. Two research analysts have rated the stock with a Strong Buy rating, forty-nine have assigned a Buy rating and three have assigned a Hold rating to the company's stock. According to MarketBeat, the stock currently has a consensus rating of "Moderate Buy" and a consensus price target of $308.46.

Insider Buying and Selling at NVIDIA

In other NVIDIA news, Director Mark A. Stevens sold 885,000 shares of NVIDIA stock in a transaction that occurred 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 transaction, the director 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. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is available through the SEC website. Also, Director Stephen C. Neal sold 15,500 shares of NVIDIA stock in a transaction on Wednesday, June 3rd. The stock was sold at an average price of $215.73, for a total value of $3,343,815.00. Following the sale, the director owned 116,135 shares in the company, valued at $25,053,803.55. This trade represents a 11.77% decrease in their ownership of the stock. Additional details regarding this sale are available in the official SEC disclosure. Over the last 90 days, insiders have sold 1,900,500 shares of company stock worth $410,449,265. Company insiders own 3.94% of the company's stock.

NVIDIA News Roundup

Here are the key news stories impacting NVIDIA this week:

• Positive Sentiment: NVIDIA’s launch of the Groq 3 LPX into full production strengthens its inference-AI portfolio. The accelerator reportedly achieved 3,400 output tokens per second in benchmarking, while Nebius plans to become its first AI-cloud customer. NVIDIA Groq 3 LPX production announcement
• Positive Sentiment: The new Jetson Orin Nano 2 robotics computer delivers twice the inference performance of its predecessor at the same size and uses 40% less power, expanding NVIDIA’s opportunity in edge AI, robotics and autonomous systems. Jetson Orin Nano 2 announcement
• Positive Sentiment: Wall Street expects another exceptionally strong quarter, with consensus revenue near $92 billion and approximately 95% year-over-year growth. Analysts including Raymond James, Rosenblatt, KeyBanc and Cantor Fitzgerald maintained bullish ratings and price targets ranging from $325 to $352. NVIDIA growth and Rubin earnings preview
• Neutral Sentiment: Options markets imply an unusually large post-earnings move, estimated at roughly 5.4% or approximately $280 billion in market value. Investors are focused on Rubin shipment growth, margins, hyperscaler demand, supply constraints and management’s forward guidance. NVIDIA options-implied earnings move
• Negative Sentiment: Despite strong expected results, NVIDIA entered earnings after a seven-session losing streak and is testing technical support. Investors increasingly worry that a simple earnings beat may already be priced in, particularly because the stock has often declined after prior beats. NVIDIA tests support ahead of earnings
• Negative Sentiment: Reports of potential 15% or greater price increases for next-generation AI servers could create customer resistance and give competing chips or custom silicon an opening. Concerns also persist around hyperscalers’ heavy capital spending, NVIDIA’s AI investments and financing arrangements, and possible competition from startups such as Etched and Cerebras. NVIDIA hyperscaler dependence
• Negative Sentiment: Taiwanese authorities indicted individuals, including employees linked to NVIDIA and Super Micro, over alleged illegal AI-server exports to China, adding regulatory and geopolitical risk. Taiwan AI-server export investigation

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.

This instant news alert was generated by narrative science technology and financial data from MarketBeat in order to provide readers with the fastest reporting and unbiased coverage. Please send any questions or comments about this story to contact@marketbeat.com.

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