Fosun International Ltd Purchases 3,300 Shares of NVIDIA Corporation $NVDA

Key Points

• Fosun International Ltd increased its NVIDIA stake by 25.5% in the fourth quarter, buying 3,300 additional shares and bringing its holdings to 16,235 shares valued at about $3.03 million.
• Wall Street remains broadly bullish on NVIDIA, with multiple analysts raising price targets and the stock carrying a consensus Buy rating and average target of $305.67.
• NVIDIA reported strong quarterly results, beating earnings and revenue estimates, while also announcing a boosted quarterly dividend and a massive $80 billion share repurchase authorization.

Fosun International Ltd lifted its position in shares of NVIDIA Corporation (NASDAQ:NVDA - Free Report) by 25.5% in the fourth quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The fund owned 16,235 shares of the computer hardware maker's stock after acquiring an additional 3,300 shares during the quarter. NVIDIA makes up about 0.7% of Fosun International Ltd's investment portfolio, making the stock its 13th largest position. Fosun International Ltd's holdings in NVIDIA were worth $3,028,000 at the end of the most recent reporting period.

Other institutional investors and hedge funds also recently made changes to their positions in the company. Longfellow Investment Management Co. LLC raised its position in shares of NVIDIA by 47.9% during the second quarter. Longfellow Investment Management Co. LLC now owns 207 shares of the computer hardware maker's stock worth $33,000 after acquiring an additional 67 shares during the last quarter. Spurstone Advisory Services LLC bought a new stake in shares of NVIDIA during the second quarter worth $40,000. Syntax Research Inc. raised its position in shares of NVIDIA by 62.5% during the fourth quarter. Syntax Research Inc. now owns 260 shares of the computer hardware maker's stock worth $49,000 after acquiring an additional 100 shares during the last quarter. Sellwood Investment Partners LLC bought a new stake in shares of NVIDIA during the third quarter worth $50,000. Finally, Networth Advisors LLC acquired a new stake in shares of NVIDIA during the fourth quarter worth $51,000. Institutional investors own 65.27% of the company's stock.

Analyst Ratings Changes

A number of brokerages recently commented on NVDA. Bank of America reaffirmed a "buy" rating and set a $350.00 price objective (up from $320.00) on shares of NVIDIA in a research note on Thursday, May 21st. JPMorgan Chase & Co. lifted their price objective on NVIDIA from $265.00 to $280.00 and gave the stock an "overweight" rating in a research note on Thursday, May 21st. Stifel Nicolaus set a $282.00 price objective on NVIDIA and gave the stock a "buy" rating in a research note on Thursday, May 21st. Needham & Company LLC reaffirmed a "buy" rating and set a $270.00 price objective on shares of NVIDIA in a research note on Tuesday, June 2nd. Finally, Benchmark reaffirmed a "buy" rating and set a $335.00 price objective (up from $250.00) on shares of NVIDIA in a research note on Thursday, May 21st. Three investment analysts have rated the stock with a Strong Buy rating, forty-eight have assigned a Buy rating and three have assigned a Hold rating to the stock. Based on data from MarketBeat, the company currently has an average rating of "Buy" and a consensus price target of $305.67.

NVIDIA Stock Down 3.7%

NVDA stock opened at $200.42 on Thursday. The company has a debt-to-equity ratio of 0.04, a current ratio of 3.44 and a quick ratio of 2.85. The stock has a market capitalization of $4.85 trillion, a P/E ratio of 30.69, a P/E/G ratio of 0.47 and a beta of 2.22. The business has a 50-day moving average of $205.64 and a 200-day moving average of $191.06. NVIDIA Corporation has a fifty-two week low of $140.85 and a fifty-two week high of $236.54.

NVIDIA (NASDAQ:NVDA - Get Free Report) last posted its quarterly earnings data on Wednesday, May 20th. The computer hardware maker reported $1.87 earnings per share for the quarter, topping the consensus estimate of $1.76 by $0.11. The company had revenue of $81.62 billion during the quarter, compared to analysts' expectations of $78.42 billion. NVIDIA had a return on equity of 96.94% and a net margin of 62.97%.NVIDIA's revenue for the quarter was up 85.2% compared to the same quarter last year. During the same period in the prior year, the firm earned $0.81 earnings per share. On average, sell-side analysts anticipate that NVIDIA Corporation will post 8.61 earnings per share for the current fiscal year.

NVIDIA Increases Dividend

The business also recently declared a quarterly dividend, which will be paid on Friday, June 26th. Investors of record on Thursday, June 4th will be given a dividend of $0.25 per share. This represents a $1.00 annualized dividend and a yield of 0.5%. This is a boost from NVIDIA's previous quarterly dividend of $0.01. The ex-dividend date of this dividend is Thursday, June 4th. NVIDIA's payout ratio is currently 15.31%.

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

Insider Activity

In related news, CFO Colette Kress sold 42,650 shares of the stock in a transaction that occurred on Friday, March 20th. The stock was sold at an average price of $174.89, for a total transaction of $7,459,058.50. Following the completion of the transaction, the chief financial officer directly owned 881,387 shares of the company's stock, valued at approximately $154,145,772.43. This represents a 4.62% decrease in their ownership of the stock. The sale was disclosed in a document filed with the SEC, which is accessible through this hyperlink. Also, Director Mark A. Stevens sold 500,000 shares of the company's stock in a transaction that occurred on Thursday, June 4th. The shares were sold at an average price of $219.83, for a total value of $109,915,000.00. Following the completion of the sale, the director owned 6,399,771 shares in the company, valued at $1,406,861,658.93. This represents a 7.25% decrease in their position. Additional details regarding this sale are available in the official SEC disclosure. In the last ninety days, insiders sold 1,622,461 shares of company stock valued at $332,629,083. Corporate insiders own 3.94% of the company's stock.

Key Headlines Impacting NVIDIA

Here are the key news stories impacting NVIDIA this week:

• Positive Sentiment: Analysts remain broadly bullish, with reports saying NVIDIA’s profit margins look relatively safe through 2030 and Wall Street still sees strong upside from AI demand, Blackwell ramp momentum, and continued data center spending.
• Positive Sentiment: Several articles highlight fresh demand signals for NVIDIA hardware, including OpenAI reportedly considering an Ohio data center deal with Nvidia backing, Apple using NVIDIA GPUs for advanced AI workloads via Google Cloud, and Nebius launching NVIDIA-powered AI initiatives in the UK and Europe.
• Positive Sentiment: Management and supporters are framing the recent pullback as a buying opportunity, with Jensen Huang’s upbeat comments echoed by commentators such as Jim Cramer and multiple bullish stock-picking pieces.
• Positive Sentiment: Company-specific partnerships in South Korea and continued ecosystem expansion suggest NVIDIA remains central to the AI infrastructure buildout, which supports the long-term growth story.
• Neutral Sentiment: Some coverage notes that NVIDIA’s stock is consolidating near technical support after a strong run, which could matter more as a setup for the next move than as a sign of deteriorating fundamentals.
• Negative Sentiment: The main headwind is a broader semiconductor and tech selloff, with NVIDIA falling alongside peers like AMD and Broadcom as markets react to inflation, geopolitical worries, and a general pullback from high-multiple AI names.
• Negative Sentiment: Some articles also raise valuation concerns and point to hedge fund/institutional selling, suggesting investors are becoming more cautious after NVIDIA’s huge multi-year run.

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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