Cornerstone Wealth LLC TN Acquires New Holdings in NVIDIA Corporation $NVDA

Key Points

• Cornerstone Wealth LLC TN acquired 5,846 NVIDIA shares during the first quarter, worth approximately $1.02 million. Institutional investors collectively own 65.27% of NVIDIA.
• NVIDIA exceeded quarterly expectations with $1.87 in EPS and $81.61 billion in revenue, up 85.2% year over year. The company also authorized an $80 billion share-repurchase plan and increased its quarterly dividend to $0.25 from $0.01.
• Several directors sold NVIDIA shares, including Mark A. Stevens’ $186 million transaction, while insiders sold approximately $410.6 million of stock over the past 90 days. Despite the selling, analysts maintain a “Buy” consensus with an average price target of $304.26.

Cornerstone Wealth LLC TN bought a new stake in NVIDIA Corporation (NASDAQ:NVDA - Free Report) during the 1st quarter, according to the company in its most recent filing with the Securities & Exchange Commission. The fund bought 5,846 shares of the computer hardware maker's stock, valued at approximately $1,020,000.

Several other large investors have also recently modified their holdings of NVDA. Norges Bank purchased a new stake in shares of NVIDIA during the fourth quarter valued at $62,244,133,000. J. Stern & Co. LLP lifted its position 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 acquiring an additional 124,849,603 shares during the period. Cardano Risk Management B.V. lifted its holdings in shares of NVIDIA by 896.4% during the fourth 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 period. Capital Research Global Investors lifted its stake in NVIDIA by 16.1% during the 3rd quarter. Capital Research Global Investors now owns 165,377,852 shares of the computer hardware maker's stock valued at $30,855,564,000 after acquiring an additional 22,896,705 shares during the period. Finally, Laurel Wealth Advisors LLC lifted its position in NVIDIA by 15,496.1% during the second quarter. Laurel Wealth Advisors LLC now owns 21,865,525 shares of the computer hardware maker's stock valued at $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.

NVIDIA Price Performance

Shares of NASDAQ NVDA opened at $223.96 on Monday. NVIDIA Corporation has a 12-month low of $164.07 and a 12-month high of $236.54. The stock has a market cap of $5.42 trillion, a PE ratio of 34.30, a P/E/G 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. The company has a 50-day moving average of $205.66 and a 200 day moving average of $197.27.

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 for the quarter, topping analysts' consensus estimates 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%. The business's revenue was up 85.2% on a year-over-year basis. During the same period last year, the company posted $0.81 EPS. As a group, sell-side analysts predict that NVIDIA Corporation will post 8.79 EPS for the current fiscal year.

NVIDIA declared that its Board of Directors has authorized a stock repurchase plan on Wednesday, May 20th that permits the company to buyback $80.00 billion in outstanding shares. This buyback authorization permits the computer hardware maker to buy up to 1.5% of its shares through open market purchases. Shares buyback plans are generally an indication that the company's management believes its stock is undervalued.

NVIDIA Increases Dividend

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

Insider Buying and Selling

In other NVIDIA news, Director Stephen C. Neal sold 15,500 shares of the company's 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 completion of the sale, the director directly owned 116,135 shares in the company, valued at $25,053,803.55. This represents a 11.77% decrease in their position. The sale was disclosed in a filing with the Securities & Exchange Commission, which is available through the SEC website. Also, Director Mark A. Stevens sold 885,000 shares of the firm's stock in a transaction on Thursday, June 18th. The stock was sold at an average price of $210.17, for a total value of $186,000,450.00. Following the completion of the sale, the director directly 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 ownership of the stock. Additional details regarding this sale are available in the official SEC disclosure. Over the last 90 days, insiders have sold 1,901,125 shares of company stock worth $410,583,015. 3.94% of the stock is owned by corporate insiders.

More NVIDIA News

Here are the key news stories impacting NVIDIA this week:

• Positive Sentiment: Reports that SpaceX plans to deploy NVIDIA’s next-generation AI hardware across terrestrial and orbital computing infrastructure reinforced expectations for another major customer and expanded demand for NVIDIA systems. Time to Buy Nvidia or SpaceX Stock After Their AI Partnership?
• Positive Sentiment: Strong spending by hyperscalers, demand for AI data-center capacity, and NVIDIA-backed projects such as Firmus’ $2 billion fundraising in Australia and Asia-Pacific supported the view that AI infrastructure investment remains robust. Firmus nearly doubles valuation to over $10.5 billion
• Positive Sentiment: Analyst and market commentary highlighted NVIDIA’s leadership in sovereign AI, with one report estimating a 92% share, while investors continued to describe the company as evolving from a GPU supplier into a broader AI infrastructure platform. What’s Going On With NVIDIA Stock Friday?
• Positive Sentiment: Recent commentary pointed to accelerating AI demand, strong cash flow and valuation support, with the median analyst price target reported at $308.50 versus recent trading levels. Should You Buy NVIDIA Stock After Its 11% Rally in a Month?
• Neutral Sentiment: NVIDIA’s rally has lifted the stock roughly 12% over five sessions, increasing focus on the upcoming earnings report. Analysts remain constructive, but some traders are pausing because near-term catalysts may be limited after the sharp advance. Two reasons why Nvidia's stock saw its biggest weekly surge
• Negative Sentiment: AMD’s acquisition of AI-inference chip startup Taalas could strengthen its competitive position and create a longer-term challenge to NVIDIA, although initial investor commentary suggested the deal does not immediately close NVIDIA’s AI gap. AMD Is Buying Its Way Deeper Into AI Inference
• Negative Sentiment: QuiverQuant data showed 45 NVIDIA insider sales and no insider purchases during the past six months, a potential caution signal as the stock trades near its highs. NVIDIA Stock Opinions on AI Market Position

Analyst Upgrades and Downgrades

NVDA has been the subject of several recent research reports. Itau BBA Securities reduced their price target on NVIDIA from $256.00 to $218.00 in a research report on Wednesday, June 24th. Wolfe Research reaffirmed an "outperform" rating and issued a $275.00 price objective on shares of NVIDIA in a report on Thursday, May 21st. DA Davidson reiterated a "buy" rating and issued a $300.00 price objective on shares of NVIDIA in a research report on Monday, June 1st. China Renaissance assumed coverage on shares of NVIDIA in a research note on Friday, June 5th. They set a "buy" rating and a $319.00 target price on the stock. Finally, Melius Research set a $400.00 target price on shares of NVIDIA in a research note on Thursday, May 21st. Three equities research analysts have rated the stock with a Strong Buy rating, forty-eight have issued a Buy rating and two have given a Hold rating to the company. According to MarketBeat, the company has an average rating of "Buy" and an average price target of $304.26.

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.

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