Del Sette Capital Management LLC Has $3.69 Million Position in NVIDIA Corporation $NVDA

Key Points

• Del Sette Capital Management reduced its NVIDIA stake by 25.6% in the fourth quarter, selling 6,815 shares and leaving it with 19,761 shares worth about $3.69 million.
• NVIDIA’s latest earnings showed continued strength, with EPS of $1.87 versus $1.76 expected and revenue of $81.62 billion, up 85.2% year over year.
• The company is returning more cash to shareholders, approving an $80 billion buyback and raising its quarterly dividend from $0.01 to $0.25 per share.

Del Sette Capital Management LLC cut its holdings in NVIDIA Corporation (NASDAQ:NVDA - Free Report) by 25.6% during the fourth quarter, according to its most recent Form 13F filing with the SEC. The firm owned 19,761 shares of the computer hardware maker's stock after selling 6,815 shares during the period. NVIDIA accounts for approximately 2.3% of Del Sette Capital Management LLC's portfolio, making the stock its 13th biggest holding. Del Sette Capital Management LLC's holdings in NVIDIA were worth $3,685,000 at the end of the most recent quarter.

Several other large investors have also made changes to their positions in the business. Joule Financial LLC increased its position in NVIDIA by 2.2% in the 3rd quarter. Joule Financial LLC now owns 2,308 shares of the computer hardware maker's stock worth $431,000 after buying an additional 50 shares during the period. Presidio Capital Management LLC boosted its position in shares of NVIDIA by 0.4% in the fourth quarter. Presidio Capital Management LLC now owns 15,137 shares of the computer hardware maker's stock valued at $2,823,000 after acquiring an additional 53 shares during the period. Vision Financial Markets LLC grew its stake in shares of NVIDIA by 1.2% in the third quarter. Vision Financial Markets LLC now owns 4,640 shares of the computer hardware maker's stock worth $866,000 after acquiring an additional 53 shares during the last quarter. IMG Wealth Management Inc. grew its stake in shares of NVIDIA by 1.4% in the third quarter. IMG Wealth Management Inc. now owns 3,820 shares of the computer hardware maker's stock worth $713,000 after acquiring an additional 54 shares during the last quarter. Finally, Cyr Financial Inc. increased its position in NVIDIA by 0.7% during the third quarter. Cyr Financial Inc. now owns 7,737 shares of the computer hardware maker's stock worth $1,444,000 after acquiring an additional 54 shares during the period. Institutional investors and hedge funds own 65.27% of the company's stock.

More NVIDIA News

Here are the key news stories impacting NVIDIA this week:

• Positive Sentiment: NVIDIA’s latest results continued to reinforce the AI growth narrative, with articles highlighting record revenue, strong EPS growth, and management’s confidence in sustained data-center demand through 2030.
• Positive Sentiment: Several reports pointed to upside catalysts for NVDA, including bullish price-target commentary, claims that the market is underestimating AI infrastructure spending, and views that the stock still has room to run despite its huge rally.
• Positive Sentiment: Investor-friendly capital returns are also supporting sentiment, as NVIDIA boosted its dividend and approved an additional $80 billion in buybacks, signaling confidence in future cash generation.
• Neutral Sentiment: Multiple pieces focused on technical trading rather than business fundamentals, noting that NVIDIA is pulling back toward key support and that traders are watching whether the 20-day moving average holds. Nvidia (NVDA) Price Forecast: Pullback Tests Trend Structure
• Neutral Sentiment: Broader market commentary remains split, with some articles questioning AI’s hidden costs or warning about a narrow leadership trade, which may be encouraging investors to lock in gains after the stock’s strong multi-month advance.
• Negative Sentiment: Regulatory and competitive headlines added some caution, including reports that Jensen Huang urged Super Micro to tighten compliance amid Taiwan scrutiny and that Huawei is advancing its chip efforts, which could intensify long-term competition in semiconductors.

NVIDIA Stock Performance

Shares of NVDA stock opened at $215.33 on Tuesday. The firm has a fifty day moving average of $196.74 and a 200-day moving average of $189.05. The stock has a market cap of $5.21 trillion, a price-to-earnings ratio of 32.98, a P/E/G ratio of 0.67 and a beta of 2.25. NVIDIA Corporation has a 52-week low of $129.16 and a 52-week high of $236.54. The company has a debt-to-equity ratio of 0.04, a quick ratio of 3.24 and a current ratio of 3.44.

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 for the quarter, beating the consensus estimate of $1.76 by $0.11. The business had revenue of $81.62 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 firm's revenue was up 85.2% on a year-over-year basis. During the same period in the previous year, the business earned $0.81 EPS. On average, equities research analysts forecast that NVIDIA Corporation will post 7.98 earnings per share for the current fiscal year.

NVIDIA announced that its Board of Directors has approved a stock buyback plan 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 buy up to 1.5% of its stock through open market purchases. Stock repurchase plans are generally a sign that the company's board believes its shares are undervalued.

NVIDIA Increases Dividend

The business also recently disclosed a quarterly dividend, which will be paid on Friday, June 26th. Shareholders of record on Thursday, June 4th will be issued a dividend of $0.25 per share. The ex-dividend date of this dividend is Thursday, June 4th. This is a positive change from NVIDIA's previous quarterly dividend of $0.01. This represents a $1.00 dividend on an annualized basis and a yield of 0.5%. NVIDIA's dividend payout ratio (DPR) is presently 0.61%.

Insider Buying and Selling

In related news, EVP Ajay K. Puri sold 300,000 shares of the firm's stock in a transaction that occurred on Wednesday, March 18th. The stock was sold at an average price of $182.25, for a total transaction of $54,675,000.00. Following the completion of the transaction, the executive vice president owned 3,018,547 shares in the company, valued at $550,130,190.75. This trade represents a 9.04% 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 Mark A. Stevens sold 221,682 shares of the business's stock in a transaction on Friday, March 20th. The shares were sold at an average price of $173.68, for a total value of $38,501,729.76. Following the completion of the sale, the director directly owned 7,399,771 shares in the company, valued at approximately $1,285,192,227.28. This represents a 2.91% decrease in their position. Additional details regarding this sale are available in the official SEC disclosure. In the last 90 days, insiders sold 906,336 shares of company stock worth $162,802,518. Insiders own 4.17% of the company's stock.

Analyst Upgrades and Downgrades

Several equities analysts recently commented on the stock. Susquehanna reiterated a "positive" rating and set a $275.00 target price (up from $250.00) on shares of NVIDIA in a research note on Tuesday, May 12th. KeyCorp set a $310.00 price target on shares of NVIDIA and gave the stock an "overweight" rating in a research report on Thursday. Daiwa Securities Group boosted their price objective on shares of NVIDIA from $215.00 to $255.00 and gave the stock an "outperform" rating in a report on Friday. Weiss Ratings reaffirmed a "buy (b)" rating on shares of NVIDIA in a research report on Friday, April 10th. Finally, Bank of America reissued a "buy" rating and set a $350.00 target price (up from $320.00) on shares of NVIDIA in a research report on Thursday. Three research analysts have rated the stock with a Strong Buy rating, forty-eight have given a Buy rating and three have given a Hold rating to the company. Based on data from MarketBeat.com, NVIDIA currently has an average rating of "Buy" and a consensus target price of $303.27.

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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