CCM Investment Advisers LLC Reduces Stock Holdings in NVIDIA Corporation $NVDA

Key Points

• CCM Investment Advisers reduced its NVIDIA stake by 1.9% in the first quarter, selling 4,036 shares and retaining 208,946 shares valued at approximately $36.4 million. NVIDIA remains CCM’s second-largest holding, representing about 3.5% of its portfolio.
• Institutional ownership stands at 65.27%, with several funds increasing their positions during the quarter. However, NVIDIA insiders sold roughly 1.9 million shares worth $410.6 million over the past three months.
• Analysts remain broadly bullish, with the stock carrying a consensus “Buy” rating and an average price target of $304.26. NVIDIA also reported strong quarterly growth, including 85.2% year-over-year revenue growth, and authorized an $80 billion share-repurchase plan.

CCM Investment Advisers LLC cut its position in shares of NVIDIA Corporation (NASDAQ:NVDA - Free Report) by 1.9% during the 1st quarter, according to the company in its most recent Form 13F filing with the SEC. The fund owned 208,946 shares of the computer hardware maker's stock after selling 4,036 shares during the quarter. NVIDIA makes up about 3.5% of CCM Investment Advisers LLC's holdings, making the stock its 2nd biggest position. CCM Investment Advisers LLC's holdings in NVIDIA were worth $36,440,000 at the end of the most recent reporting period.

Other institutional investors have also added to or reduced their stakes in the company. Liontrust Investment Partners LLP increased its stake in NVIDIA by 9.1% in the 1st quarter. Liontrust Investment Partners LLP now owns 609,786 shares of the computer hardware maker's stock valued at $106,347,000 after buying an additional 50,990 shares during the last quarter. Hobbs Group Advisors LLC lifted its position in shares of NVIDIA by 15.7% during the 1st quarter. Hobbs Group Advisors LLC now owns 10,006 shares of the computer hardware maker's stock worth $1,745,000 after buying an additional 1,360 shares in the last quarter. SHUTTLEWORTH & Co boosted its stake in shares of NVIDIA by 1.1% in the 1st quarter. SHUTTLEWORTH & Co now owns 13,624 shares of the computer hardware maker's stock worth $2,376,000 after buying an additional 144 shares during the last quarter. Union Heritage Capital LLC grew its holdings in shares of NVIDIA by 27.7% in the first quarter. Union Heritage Capital LLC now owns 90,340 shares of the computer hardware maker's stock valued at $15,755,000 after acquiring an additional 19,600 shares in the last quarter. Finally, SOA Wealth Advisors LLC. increased its position in shares of NVIDIA by 0.5% during the first quarter. SOA Wealth Advisors LLC. now owns 160,470 shares of the computer hardware maker's stock valued at $27,986,000 after acquiring an additional 780 shares during the last quarter. 65.27% of the stock is owned by institutional investors.

Insider Activity at NVIDIA

In other NVIDIA news, Director John Dabiri sold 625 shares of the stock in a transaction dated Wednesday, May 27th. The shares were 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 trade represents a 4.23% decrease in their ownership of the stock. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is available through this link. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Also, Director Mark A. Stevens sold 885,000 shares of NVIDIA stock in a transaction dated 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 transaction, the director owned 5,207,271 shares of the company's stock, valued at $1,094,412,146.07. The trade was a 14.53% decrease in their position. Additional details regarding this sale are available in the official SEC disclosure. In the last three months, insiders have sold 1,901,125 shares of company stock worth $410,583,015. Company insiders own 3.94% of the company's stock.

Analysts Set New Price Targets

NVDA has been the topic of several research analyst reports. Zacks Research raised NVIDIA from a "hold" rating to a "strong-buy" rating in a research report on Monday, July 20th. Citigroup initiated coverage on NVIDIA in a research note on Wednesday, April 15th. They issued a "buy" rating for the company. Truist Financial raised their target price on NVIDIA from $287.00 to $307.00 and gave the company a "buy" rating in a research report on Thursday, May 21st. William Blair reiterated an "outperform" rating on shares of NVIDIA in a research note on Tuesday, June 2nd. Finally, Citic Securities boosted their price target on shares of NVIDIA from $242.00 to $315.00 and gave the stock a "buy" rating in a report on Friday, May 22nd. Three research analysts have rated the stock with a Strong Buy rating, forty-eight have assigned a Buy rating and two have given a Hold rating to the stock. According to MarketBeat, the stock currently has an average rating of "Buy" and a consensus price target of $304.26.

NVIDIA Price Performance

Shares of NASDAQ NVDA opened at $217.55 on Tuesday. The stock has a fifty day simple moving average of $205.53 and a two-hundred day simple moving average of $197.54. NVIDIA Corporation has a 1-year low of $164.07 and a 1-year high of $236.54. The firm has a market cap of $5.26 trillion, a price-to-earnings ratio of 33.32, a price-to-earnings-growth ratio of 0.44 and a beta of 2.23. The company has a current ratio of 3.44, a quick ratio of 2.85 and a debt-to-equity ratio of 0.04.

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

NVIDIA declared that its board has authorized a share repurchase plan on Wednesday, May 20th that allows the company to repurchase $80.00 billion in shares. This repurchase authorization allows the computer hardware maker to purchase up to 1.5% of its stock through open market purchases. Stock repurchase plans are generally a sign that the company's management believes its shares are undervalued.

NVIDIA Increases Dividend

The company also recently disclosed a quarterly dividend, which was paid on Friday, June 26th. Investors of record on Thursday, June 4th were paid a $0.25 dividend. The ex-dividend date was Thursday, June 4th. This represents a $1.00 dividend on an annualized basis and a yield of 0.5%. This is an increase from NVIDIA's previous quarterly dividend of $0.01. NVIDIA's dividend payout ratio (DPR) is presently 15.31%.

Trending Headlines about NVIDIA

Here are the key news stories impacting NVIDIA this week:

• Positive Sentiment: NVIDIA is reportedly partnering with Apollo Global Management, Blackstone, BlackRock’s Global Infrastructure Partners, Brookfield, Goldman Sachs and KKR on an AI infrastructure financing effort targeting up to $500 billion. The initiative could accelerate data-center construction and support future demand for NVIDIA’s GPUs. Nvidia teams up with Wall Street asset managers on $500 billion AI infrastructure push
• Positive Sentiment: Bank of America maintained a Buy rating and $350 price target, projecting second-quarter revenue of $94 billion to $95 billion—potentially $3 billion to $4 billion above NVIDIA’s guidance—and forecasting a “multi-quarter upgrade cycle.” BofA: Nvidia's next earnings report could kick off a multi-quarter upgrade cycle
• Positive Sentiment: Analysts remain constructive ahead of the August 26 earnings report, citing expected $91 billion of quarterly revenue, gross margins near 75%, strong Data Center demand and continued adoption of Blackwell systems. Nvidia: Buy Before Q2 Shows The AI Factory Trade Is Still Early
• Neutral Sentiment: NVIDIA is reportedly considering investing as much as $3 billion in Lancium, an AI data-center power infrastructure company. The investment could strengthen NVIDIA’s ecosystem position, but it also adds to questions about how much capital the chipmaker should devote to investments instead of share buybacks. Nvidia Stock Slips as Its AI Investments Draw Fresh Scrutiny
• Negative Sentiment: Investors are increasingly focused on NVIDIA’s expanding role in financing the AI buildout. Mark Cuban compared the strategy with dot-com-era companies that funded customers, raising concerns that financing could amplify concentration and credit risks if AI spending fails to generate adequate returns. Mark Cuban warned Nvidia's AI financing could crumble the market
• Negative Sentiment: Reports that Microsoft is reconsidering its reliance on NVIDIA in favor of internally developed AI silicon highlight a potential long-term customer-concentration and pricing risk, even though near-term demand remains robust. Microsoft rethinks its Nvidia reliance

About NVIDIA

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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