Cardano Risk Management B.V. Trims Position in NVIDIA Corporation $NVDA

Key Points

• Cardano Risk Management reduced its NVIDIA position by 4.5%, selling 359,349 shares and retaining 7.72 million shares worth approximately $1.54 billion. NVIDIA remains the fund’s largest holding, representing about 11.9% of its portfolio.
• Institutional investors own 65.27% of NVIDIA, while insiders sold 1.90 million shares worth $410.6 million over the past 90 days.
• NVIDIA maintains a broadly positive analyst outlook, with an average “Buy” rating and a consensus price target of $305.94. The company also reported quarterly revenue growth of 85.2% year over year and authorized an $80 billion share-buyback program.

Cardano Risk Management B.V. cut its position in shares of NVIDIA Corporation (NASDAQ:NVDA - Free Report) by 4.5% in the second quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission. The fund owned 7,715,089 shares of the computer hardware maker's stock after selling 359,349 shares during the period. NVIDIA makes up about 11.9% of Cardano Risk Management B.V.'s portfolio, making the stock its biggest holding. Cardano Risk Management B.V.'s holdings in NVIDIA were worth $1,543,712,000 at the end of the most recent reporting period.

Several other institutional investors have also added to or reduced their stakes in NVDA. Lifetime Wealth Management P.C. bought a new stake in NVIDIA in the fourth quarter worth $26,000. Longview Financial Advisors Inc. purchased a new position in shares of NVIDIA in the 1st quarter worth $27,000. Longfellow Investment Management Co. LLC grew its stake in shares of NVIDIA by 47.9% in the 2nd 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 in the last quarter. Phillip James Consulting Co. bought a new stake in shares of NVIDIA in the 1st quarter worth about $40,000. Finally, Spurstone Advisory Services LLC bought a new stake in shares of NVIDIA in the 2nd quarter worth about $40,000. Hedge funds and other institutional investors own 65.27% of the company's stock.

Insider Transactions at NVIDIA

In other NVIDIA news, 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 position. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is available at this hyperlink. Also, Director John Dabiri sold 625 shares of the company's stock in a transaction dated Wednesday, May 27th. The stock was sold at an average price of $214.00, for a total transaction of $133,750.00. Following the completion of the transaction, the director owned 14,163 shares in the company, valued at $3,030,882. This represents a 4.23% decrease in their ownership of the stock. The disclosure for this sale is available in the SEC filing. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Over the last ninety days, insiders have sold 1,901,125 shares of company stock worth $410,583,015. Insiders own 3.94% of the company's stock.

NVIDIA News Summary

Here are the key news stories impacting NVIDIA this week:

• Positive Sentiment: Bank of America argued that NVIDIA’s shares offer a compelling valuation relative to free cash flow and could have as much as 55% upside, partly because expanded buybacks may improve shareholder returns. Here's the case for Nvidia's stock to climb 55% from here, according to BofA
• Positive Sentiment: NVIDIA’s agreement to support financing for OpenAI’s Ohio data center could help secure up to 8 gigawatts of future AI-compute capacity. The company is also investing $1.5 billion in SB Energy and is expected to be the campus’s exclusive AI-compute provider, potentially expanding long-term demand for its systems. Nvidia backs financing for OpenAI data center in Ohio
• Positive Sentiment: Analysts and investors continue to describe NVIDIA as a central “chokepoint” in AI infrastructure. Wall Street’s average price target implies substantial potential upside, while demand for GPUs remains strong even as custom AI chips gain traction. Wall Street Analysts Think Nvidia Could Surge
• Neutral Sentiment: Investors are focused on NVIDIA’s upcoming earnings and, more importantly, its forward guidance. Strong data-center growth, Blackwell demand, gross margins near 75%, and commentary on next-generation Rubin products will determine whether estimates move higher. Nvidia's Q2 Preview
• Negative Sentiment: The Ohio project and NVIDIA’s broader plan to help arrange as much as $500 billion in AI infrastructure financing are raising concerns about circular financing, credit exposure, and whether customers can support the resulting spending. Higher Treasury yields further pressured high-growth technology valuations. Nvidia's AI moat is shifting from chips to capital
• Negative Sentiment: Some investors favor Micron because of surging high-bandwidth-memory demand and a lower valuation, while comparisons with AMD and Broadcom highlight intensifying competition from custom AI silicon. NVIDIA’s large Intel investment and divided hedge-fund positioning also add to uncertainty. NVIDIA vs. Micron

Wall Street Analyst Weigh In

A number of research analysts recently commented on NVDA shares. William Blair reaffirmed an "outperform" rating on shares of NVIDIA in a report on Tuesday, June 2nd. Morgan Stanley restated an "overweight" rating on shares of NVIDIA in a research report on Tuesday, August 11th. Sanford C. Bernstein reaffirmed a "buy" rating on shares of NVIDIA in a research note on Monday, June 29th. Argus lifted their target price on NVIDIA from $220.00 to $270.00 and gave the stock a "buy" rating in a report on Thursday, May 21st. Finally, 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. Three research analysts have rated the stock with a Strong Buy rating, forty-nine have given a Buy rating and two have given a Hold rating to the stock. Based on data from MarketBeat, NVIDIA presently has an average rating of "Buy" and a consensus price target of $305.94.

NVIDIA Price Performance

Shares of NVDA stock opened at $219.74 on Wednesday. The stock has a 50 day moving average price of $206.70 and a 200 day moving average price of $199.05. NVIDIA Corporation has a 52-week low of $164.07 and a 52-week high of $236.54. The company has a debt-to-equity ratio of 0.04, a quick ratio of 2.85 and a current ratio of 3.44. The firm has a market capitalization of $5.32 trillion, a P/E ratio of 33.65, a P/E/G ratio of 0.44 and a beta of 2.23.

NVIDIA (NASDAQ:NVDA - Get Free Report) last announced its quarterly earnings data 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 company had revenue of $81.61 billion for the quarter, compared to the consensus estimate of $78.42 billion. During the same quarter in the prior year, the company posted $0.81 EPS. NVIDIA's quarterly revenue was up 85.2% on a year-over-year basis. As a group, sell-side analysts predict that NVIDIA Corporation will post 8.79 earnings per share for the current year.

NVIDIA announced that its board has authorized a share buyback program on Wednesday, May 20th that allows the company to repurchase $80.00 billion in shares. This repurchase authorization allows the computer hardware maker to repurchase up to 1.5% of its shares through open market purchases. Shares repurchase programs are typically an indication that the company's board of directors 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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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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