Capital Asset Advisory Services LLC Buys 15,483 Shares of NVIDIA Corporation $NVDA

Key Points

• Capital Asset Advisory Services LLC increased its NVIDIA stake by 7.9% in the first quarter, buying 15,483 additional shares and bringing its total holdings to 210,440 shares worth about $36.7 million.
• Institutional ownership in NVIDIA remains high, with several other large investors also boosting positions; overall, institutions own 65.27% of the company’s stock.
• NVIDIA recently reported strong quarterly results, beating EPS and revenue estimates, and authorized an $80 billion share buyback while also raising its quarterly dividend from $0.01 to $0.25 per share.

Capital Asset Advisory Services LLC boosted its stake in shares of NVIDIA Corporation (NASDAQ:NVDA - Free Report) by 7.9% during the 1st quarter, according to its most recent 13F filing with the Securities and Exchange Commission. The firm owned 210,440 shares of the computer hardware maker's stock after buying an additional 15,483 shares during the quarter. NVIDIA makes up approximately 1.3% of Capital Asset Advisory Services LLC's portfolio, making the stock its 25th biggest position. Capital Asset Advisory Services LLC's holdings in NVIDIA were worth $36,701,000 as of its most recent SEC filing.

A number of other institutional investors have also recently made changes to their positions in the stock. Norges Bank bought a new stake in NVIDIA in the fourth quarter valued at approximately $62,244,133,000. J. Stern & Co. LLP raised its holdings in NVIDIA by 13,709.1% during the 4th quarter. J. Stern & Co. LLP now owns 125,760,307 shares of the computer hardware maker's stock worth $23,454,297,000 after purchasing an additional 124,849,603 shares during the last quarter. Cardano Risk Management B.V. raised its holdings in NVIDIA by 896.4% during the 4th quarter. Cardano Risk Management B.V. now owns 78,123,960 shares of the computer hardware maker's stock worth $14,570,119,000 after purchasing an additional 70,283,539 shares during the last quarter. Capital Research Global Investors lifted its position in shares of NVIDIA by 16.1% in the 3rd quarter. Capital Research Global Investors now owns 165,377,852 shares of the computer hardware maker's stock worth $30,855,564,000 after purchasing an additional 22,896,705 shares during the period. Finally, Laurel Wealth Advisors LLC lifted its position in shares of NVIDIA by 15,496.1% in the 2nd quarter. Laurel Wealth Advisors LLC now owns 21,865,525 shares of the computer hardware maker's stock worth $3,454,534,000 after purchasing an additional 21,725,326 shares during the period. Institutional investors own 65.27% of the company's stock.

Insider Transactions at NVIDIA

In other news, Director John Dabiri sold 625 shares of the firm's stock in a transaction dated Wednesday, May 27th. The stock was sold at an average price of $214.00, for a total value of $133,750.00. Following the completion of the sale, the director directly owned 14,163 shares in the company, valued at $3,030,882. This trade represents a 4.23% decrease in their position. The sale was disclosed in a filing with the SEC, which is available at this link. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Also, Director Stephen C. Neal sold 15,500 shares of the business's stock in a transaction dated Wednesday, June 3rd. The shares were sold at an average price of $215.73, for a total value of $3,343,815.00. Following the completion of the sale, the director directly owned 116,135 shares of the company's stock, valued at $25,053,803.55. The trade was a 11.77% decrease in their ownership of the stock. The disclosure for this sale is available in the SEC filing. Insiders have sold 1,901,125 shares of company stock valued at $410,583,015 in the last 90 days. 3.94% of the stock is currently owned by corporate insiders.

NVIDIA News Roundup

Here are the key news stories impacting NVIDIA this week:

• Positive Sentiment: Analysts and commentators said NVDA’s lower valuation and dominant position in AI spending could make recent weakness a buying opportunity, with Bank of America and others highlighting strong long-term upside.
• Positive Sentiment: Reuters reported that Nvidia supplier King Yuan Electronics plans to invest up to $1.4 billion in a U.S. facility, reinforcing the scale of the AI hardware supply chain and ongoing buildout around NVIDIA. Article Title
• Positive Sentiment: NVIDIA also announced a partnership with Fervo to launch an EGS-Twin geothermal platform, adding another AI-related ecosystem collaboration that investors may view as supportive of future growth. Article Title
• Positive Sentiment: Coverage around Nvidia’s strong Q1 results and the company’s upbeat revenue guidance near $91 billion for the next quarter continues to underline that AI demand is still running hot.
• Neutral Sentiment: Media and trading activity around NVDA remains elevated, including options-flow commentary, “most watched” stock chatter, and repeated articles on its AI leadership, which can keep the shares volatile but do not change fundamentals on their own.
• Negative Sentiment: Some reports noted pressure from customers and competitors building in-house AI chips, and there was also discussion of a possible delay to NVIDIA’s next-gen Kyber rack-scale architecture, both of which could raise investor concerns about future margins and timing.

NVIDIA Stock Performance

NASDAQ:NVDA opened at $210.96 on Friday. 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 twelve month low of $162.02 and a twelve month high of $236.54. The company has a fifty day moving average of $209.48 and a 200-day moving average of $194.42. The firm has a market capitalization of $5.11 trillion, a P/E ratio of 32.31, a P/E/G ratio of 0.45 and a beta of 2.21.

NVIDIA (NASDAQ:NVDA - Get Free Report) last issued its earnings results on Wednesday, May 20th. The computer hardware maker reported $1.87 earnings per share (EPS) for the quarter, topping the consensus estimate of $1.76 by $0.11. The business had revenue of $81.61 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%. NVIDIA's revenue was up 85.2% on a year-over-year basis. During the same period in the prior year, the firm earned $0.81 earnings per share. As a group, sell-side analysts anticipate that NVIDIA Corporation will post 8.79 EPS for the current year.

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

NVIDIA Increases Dividend

The business also recently disclosed a quarterly dividend, which was paid on Friday, June 26th. Stockholders of record on Thursday, June 4th were given a dividend of $0.25 per share. This is a boost from NVIDIA's previous quarterly dividend of $0.01. The ex-dividend date of this dividend was Thursday, June 4th. This represents a $1.00 dividend on an annualized basis and a dividend yield of 0.5%. NVIDIA's payout ratio is currently 15.31%.

Analysts Set New Price Targets

Several research firms have recently weighed in on NVDA. Stifel Nicolaus set a $282.00 price objective on shares of NVIDIA and gave the stock a "buy" rating in a research report on Thursday, May 21st. JPMorgan Chase & Co. boosted their target price on shares of NVIDIA from $265.00 to $280.00 and gave the company an "overweight" rating in a report on Thursday, May 21st. China Renaissance assumed coverage on shares of NVIDIA in a research report on Friday, June 5th. They set a "buy" rating and a $319.00 price target on the stock. BNP Paribas Exane increased their price target on NVIDIA from $270.00 to $285.00 and gave the stock an "outperform" rating in a report on Thursday, May 21st. Finally, President Capital lifted their price objective on NVIDIA from $280.00 to $295.00 and gave the stock a "buy" rating in a research report on Thursday, May 21st. Three investment analysts have rated the stock with a Strong Buy rating, forty-eight have assigned a Buy rating and three have given a Hold rating to the company's stock. According to MarketBeat, NVIDIA has an average rating of "Buy" and a consensus price target of $303.84.

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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