Deltec Asset Management LLC Trims Stake in NVIDIA Corporation $NVDA

Key Points

• Deltec Asset Management cut its NVIDIA stake by 8.0% in the first quarter, selling 13,613 shares and leaving it with 157,096 shares valued at about $27.4 million.
• Despite the trim, NVIDIA remains a major holding for Deltec, making up about 5% of its portfolio and ranking as its fourth-largest position.
• Broader investor and analyst sentiment around NVIDIA remains constructive, with the company reporting strong quarterly results, announcing an increased dividend and a large buyback, and maintaining a consensus “Buy” rating from analysts.

Deltec Asset Management LLC lessened its holdings in NVIDIA Corporation (NASDAQ:NVDA - Free Report) by 8.0% in the first quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The firm owned 157,096 shares of the computer hardware maker's stock after selling 13,613 shares during the quarter. NVIDIA makes up about 5.0% of Deltec Asset Management LLC's investment portfolio, making the stock its 4th largest holding. Deltec Asset Management LLC's holdings in NVIDIA were worth $27,398,000 as of its most recent SEC filing.

Other institutional investors have also recently added to or reduced their stakes in the company. Presidio Capital Management LLC grew its position in shares of NVIDIA by 0.4% during the 4th quarter. Presidio Capital Management LLC now owns 15,137 shares of the computer hardware maker's stock valued at $2,823,000 after buying an additional 53 shares during the last quarter. LMG Wealth Partners LLC lifted its holdings in NVIDIA by 0.7% in the fourth quarter. LMG Wealth Partners LLC now owns 7,649 shares of the computer hardware maker's stock worth $1,427,000 after acquiring an additional 53 shares during the last quarter. Vision Financial Markets LLC lifted its holdings in 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. Great Oak Capital Partners LLC boosted its stake in NVIDIA by 3.8% in the fourth quarter. Great Oak Capital Partners LLC now owns 1,508 shares of the computer hardware maker's stock valued at $285,000 after acquiring an additional 55 shares during the period. Finally, JGP Global Gestao de Recursos Ltda. boosted its stake in NVIDIA by 2.3% in the fourth quarter. JGP Global Gestao de Recursos Ltda. now owns 2,402 shares of the computer hardware maker's stock valued at $448,000 after acquiring an additional 55 shares during the period. Institutional investors own 65.27% of the company's stock.

More NVIDIA News

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

NVDA opened at $210.96 on Friday. 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 business's 50 day moving average is $209.48 and its 200-day moving average is $194.42. The stock has a market cap of $5.11 trillion, a PE ratio of 32.31, a price-to-earnings-growth ratio of 0.45 and a beta of 2.21. NVIDIA Corporation has a twelve month low of $162.02 and a twelve month high of $236.54.

NVIDIA (NASDAQ:NVDA - Get Free Report) last issued its quarterly earnings data 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 analyst estimates of $78.42 billion. During the same period in the prior year, the company posted $0.81 EPS. The business's revenue for the quarter was up 85.2% compared to the same quarter last year. On average, analysts predict that NVIDIA Corporation will post 8.79 earnings per share for the current year.

NVIDIA Increases Dividend

The firm also recently declared a quarterly dividend, which was paid on Friday, June 26th. Shareholders 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 was Thursday, June 4th. This represents a $1.00 dividend on an annualized basis and a yield of 0.5%. NVIDIA's payout ratio is presently 15.31%.

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

Analyst Upgrades and Downgrades

A number of analysts have recently weighed in on NVDA shares. Jefferies Financial Group reiterated a "buy" rating and set a $300.00 price target (up from $275.00) on shares of NVIDIA in a research report on Thursday, May 21st. Wall Street Zen lowered NVIDIA from a "strong-buy" rating to a "buy" rating in a research report on Saturday, July 4th. New Street Research lowered their price objective on NVIDIA from $343.00 to $340.00 in a research note on Thursday, May 21st. JPMorgan Chase & Co. increased their target price on NVIDIA from $265.00 to $280.00 and gave the stock an "overweight" rating in a research report on Thursday, May 21st. Finally, Stifel Nicolaus set a $282.00 target price on NVIDIA and gave the company a "buy" rating in a research note on Thursday, May 21st. Three investment 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. According to data from MarketBeat, NVIDIA has an average rating of "Buy" and a consensus price target of $303.84.

Insider Transactions at NVIDIA

In related news, Director John Dabiri sold 625 shares of the company's stock in a transaction dated Wednesday, May 27th. The shares were sold at an average price of $214.00, for a total value of $133,750.00. Following the completion of the sale, the director owned 14,163 shares of the company's stock, valued at $3,030,882. This represents a 4.23% decrease in their ownership of the stock. The transaction was disclosed in a document filed with the SEC, which is available through the SEC website. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Also, Director Mark A. Stevens sold 885,000 shares of the stock in a transaction dated Thursday, June 18th. The shares were 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. This represents a 14.53% decrease in their position. The disclosure for this sale is available in the SEC filing. Over the last quarter, insiders sold 1,901,125 shares of company stock valued at $410,583,015. 3.94% of the stock is currently owned by corporate insiders.

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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