Grange Capital LLC Sells 4,689 Shares of NVIDIA Corporation $NVDA

Key Points

• Grange Capital LLC cut its NVIDIA stake by 21.2% in the fourth quarter, selling 4,689 shares and leaving it with 17,392 shares valued at about $3.24 million.
• Wall Street remains largely bullish on NVIDIA, with several firms reiterating or raising buy ratings and the consensus price target at $305.38.
• NVIDIA reported strong quarterly results, including EPS of $1.87 and revenue of $81.62 billion, while also boosting its dividend and authorizing an $80 billion share repurchase program.

Grange Capital LLC lessened its position in shares of NVIDIA Corporation (NASDAQ:NVDA - Free Report) by 21.2% during the 4th quarter, according to its most recent filing with the Securities and Exchange Commission. The institutional investor owned 17,392 shares of the computer hardware maker's stock after selling 4,689 shares during the quarter. NVIDIA makes up about 3.1% of Grange Capital LLC's investment portfolio, making the stock its 10th largest position. Grange Capital LLC's holdings in NVIDIA were worth $3,244,000 at the end of the most recent reporting period.

Several other institutional investors also recently modified their holdings of the company. State Street Corp grew its holdings in shares of NVIDIA by 1.0% during the 2nd quarter. State Street Corp now owns 978,208,862 shares of the computer hardware maker's stock worth $154,556,803,000 after purchasing an additional 9,554,857 shares in the last quarter. Geode Capital Management LLC grew its holdings in shares of NVIDIA by 1.5% during the 2nd quarter. Geode Capital Management LLC now owns 579,213,497 shares of the computer hardware maker's stock worth $91,150,170,000 after purchasing an additional 8,521,936 shares in the last quarter. Norges Bank acquired a new stake in shares of NVIDIA during the 2nd quarter worth approximately $51,386,863,000. Legal & General Group Plc grew its holdings in shares of NVIDIA by 1.5% during the 3rd quarter. Legal & General Group Plc now owns 181,203,035 shares of the computer hardware maker's stock worth $33,808,862,000 after purchasing an additional 2,609,560 shares in the last quarter. Finally, Capital Research Global Investors grew its holdings in shares of 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 worth $30,855,564,000 after purchasing an additional 22,896,705 shares in the last quarter. Institutional investors and hedge funds own 65.27% of the company's stock.

Analysts Set New Price Targets

Several brokerages have recently weighed in on NVDA. Jefferies Financial Group reissued a "buy" rating and set a $300.00 price objective (up from $275.00) on shares of NVIDIA in a report on Thursday, May 21st. Wall Street Zen upgraded NVIDIA from a "buy" rating to a "strong-buy" rating in a research report on Saturday, May 23rd. Barclays restated an "overweight" rating on shares of NVIDIA in a research report on Thursday, May 21st. Cantor Fitzgerald restated an "overweight" rating and set a $350.00 target price on shares of NVIDIA in a research report on Thursday, May 21st. Finally, Fundamental Research set a $218.00 target price on NVIDIA in a research report on Thursday, February 26th. Three investment analysts have rated the stock with a Strong Buy rating, forty-seven have given a Buy rating and three have assigned a Hold rating to the stock. Based on data from MarketBeat.com, NVIDIA has an average rating of "Buy" and an average target price of $305.38.

Insider Transactions at NVIDIA

In other NVIDIA news, Director Aarti S. Shah sold 19,000 shares of NVIDIA stock in a transaction on Thursday, March 19th. The stock was sold at an average price of $176.71, for a total value of $3,357,490.00. Following the completion of the transaction, the director owned 36,007 shares in the company, valued at approximately $6,362,796.97. The trade was a 34.54% decrease in their position. The sale was disclosed in a document filed with the SEC, which can be accessed through this hyperlink. Also, CFO Colette Kress sold 42,650 shares of NVIDIA stock in a transaction on Friday, March 20th. The shares were sold at an average price of $174.89, for a total value of $7,459,058.50. Following the completion of the transaction, the chief financial officer owned 881,387 shares of the company's stock, valued at approximately $154,145,772.43. The trade was a 4.62% decrease in their position. The SEC filing for this sale provides additional information. In the last quarter, insiders have sold 906,961 shares of company stock worth $162,936,268. 3.94% of the stock is owned by company insiders.

NVIDIA Trading Up 6.3%

Shares of NVDA opened at $224.36 on Tuesday. The stock has a fifty day moving average price of $200.19 and a two-hundred day moving average price of $189.85. The company has a debt-to-equity ratio of 0.04, a quick ratio of 2.85 and a current ratio of 3.44. NVIDIA Corporation has a 52-week low of $135.40 and a 52-week high of $236.54. The company has a market cap of $5.43 trillion, a price-to-earnings ratio of 34.36, a PEG ratio of 0.51 and a beta of 2.22.

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, beating the consensus estimate of $1.76 by $0.11. NVIDIA had a return on equity of 96.94% and a net margin of 62.97%.The firm had revenue of $81.62 billion during the quarter, compared to the consensus estimate of $78.42 billion. During the same quarter in the previous 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. Analysts predict that NVIDIA Corporation will post 8.04 EPS for the current fiscal year.

NVIDIA Increases Dividend

The firm also recently disclosed a quarterly dividend, which will be paid on Friday, June 26th. Shareholders of record on Thursday, June 4th will be given a $0.25 dividend. This represents a $1.00 annualized dividend and a yield of 0.4%. The ex-dividend date is Thursday, June 4th. This is a positive change from NVIDIA's previous quarterly dividend of $0.01. NVIDIA's dividend payout ratio is presently 0.61%.

NVIDIA announced that its board has authorized a share repurchase program on Wednesday, May 20th that permits the company to buyback $80.00 billion in shares. This buyback authorization permits the computer hardware maker to reacquire up to 1.5% of its stock through open market purchases. Stock buyback programs are typically an indication that the company's leadership believes its stock is undervalued.

Key Headlines Impacting NVIDIA

Here are the key news stories impacting NVIDIA this week:

• Positive Sentiment: NVIDIA unveiled RTX Spark, a new AI-focused PC “superchip” for Windows laptops and desktops, and said it will ship through partners including Dell, HP, Lenovo, ASUS and Microsoft, opening a large new market beyond data center GPUs. Article Title
• Positive Sentiment: The company also introduced the Vera CPU, Vera Rubin systems, and the DSX platform for AI factories, signaling deeper monetization across chips, software, and infrastructure as AI spending expands. Article Title
• Positive Sentiment: Multiple partners, including TSMC, Foxconn, CoreWeave, ABB, Cadence, and Siemens, announced new integrations with NVIDIA’s AI infrastructure stack, which supports the view that NVIDIA remains central to the buildout of AI computing. Article Title
• Positive Sentiment: Analysts and market commentary remain constructive, with firms reiterating buy ratings and investors focusing on NVIDIA’s strong revenue growth and expanding addressable markets. Article Title
• Neutral Sentiment: There was also discussion of a possible U.S. export clampdown and signs that Chinese companies are developing alternatives to NVIDIA chips, which could pressure some future sales in China. Article Title
• Negative Sentiment: Some coverage also raised concerns about valuation and competition, including commentary that rival chipmakers and Chinese alternatives could challenge NVIDIA’s growth trajectory over time. Article Title

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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