Heritage Financial Services LLC Has $4.48 Million Stake in NVIDIA Corporation $NVDA

Key Points

• Heritage Financial Services LLC cut its NVIDIA position by 41.3% in the fourth quarter, selling 16,872 shares and leaving it with 24,012 shares worth about $4.48 million.
• NVIDIA reported a strong quarter, beating expectations with $1.87 EPS and $81.62 billion in revenue, as revenue jumped 85.2% year over year on robust AI and data center demand.
• The company also authorized an $80 billion stock buyback and raised its quarterly dividend to $0.25 per share, while analysts remain broadly bullish with an average price target of about $305.38.

Heritage Financial Services LLC decreased its position in shares of NVIDIA Corporation (NASDAQ:NVDA - Free Report) by 41.3% in the 4th quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission. The institutional investor owned 24,012 shares of the computer hardware maker's stock after selling 16,872 shares during the period. NVIDIA comprises 0.4% of Heritage Financial Services LLC's portfolio, making the stock its 15th biggest position. Heritage Financial Services LLC's holdings in NVIDIA were worth $4,478,000 at the end of the most recent reporting period.

Other hedge funds also recently modified their holdings of the company. Diversified Enterprises LLC increased its holdings in shares of NVIDIA by 44.2% in the fourth quarter. Diversified Enterprises LLC now owns 127,604 shares of the computer hardware maker's stock valued at $23,798,000 after purchasing an additional 39,129 shares in the last quarter. Oak Ridge Investments LLC increased its holdings in shares of NVIDIA by 2.2% in the third quarter. Oak Ridge Investments LLC now owns 970,860 shares of the computer hardware maker's stock valued at $181,143,000 after purchasing an additional 20,559 shares in the last quarter. PMG Family Office LLC acquired a new stake in shares of NVIDIA in the third quarter valued at approximately $2,150,000. Weaver Capital Management LLC increased its holdings in shares of NVIDIA by 5.5% in the fourth quarter. Weaver Capital Management LLC now owns 85,216 shares of the computer hardware maker's stock valued at $15,893,000 after purchasing an additional 4,439 shares in the last quarter. Finally, Circle Wealth Management LLC grew its holdings in NVIDIA by 16.1% during the 3rd quarter. Circle Wealth Management LLC now owns 107,787 shares of the computer hardware maker's stock worth $20,111,000 after acquiring an additional 14,936 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: Wall Street turned more constructive, with Tigress Financial raising its price target on NVIDIA to $425 and maintaining a strong-buy rating, while other firms reiterated bullish views on the company’s AI leadership.
• Positive Sentiment: Multiple reports highlighted NVIDIA’s blockbuster quarterly results, including strong data center revenue growth and management commentary that demand for Blackwell, networking, and broader AI infrastructure remains robust.
• Positive Sentiment: Jensen Huang reiterated that NVIDIA is positioned to benefit from the massive build-out of AI factories, and several articles noted the company’s expanding role across cloud, enterprise, and sovereign AI spending.
• Positive Sentiment: NVIDIA’s announced plan to spend heavily in Taiwan, including a new campus and deeper supply-chain investment, was viewed as a vote of confidence in its manufacturing ecosystem and AI demand outlook.
• Neutral Sentiment: Commentary from analysts and media outlets continued to frame NVIDIA as the central winner of the AI buildout, but some articles argued that much of that optimism may already be reflected in the stock price.
• Negative Sentiment: Bearish notes focused on valuation risk, with several pieces warning that NVIDIA is no longer cheap after its big run and that the market may be pricing in very strong future growth already.
• Negative Sentiment: One Reuters report said Taiwan authorities are investigating alleged smuggling of NVIDIA chips to China via Japan, which could add to geopolitical and export-control concerns around the company’s supply chain and China exposure.
• Negative Sentiment: Some investors also remain cautious because insider selling, crowded positioning, and recent pullbacks suggest the stock may be vulnerable to short-term profit-taking despite the strong fundamentals.

NVIDIA Trading Down 1.1%

NVDA opened at $212.60 on Thursday. The stock has a market capitalization of $5.14 trillion, a P/E ratio of 32.56, a P/E/G ratio of 0.52 and a beta of 2.25. NVIDIA Corporation has a 12 month low of $132.92 and a 12 month high of $236.54. The firm's fifty day simple moving average is $198.02 and its 200 day simple moving average is $189.36. The company has a current ratio of 3.44, a quick ratio of 2.85 and a debt-to-equity ratio of 0.04.

NVIDIA (NASDAQ:NVDA - Get Free Report) last posted its quarterly earnings data on Wednesday, May 20th. The computer hardware maker reported $1.87 EPS 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 analysts' expectations 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% compared to the same quarter last year. During the same period in the previous year, the firm posted $0.81 EPS. As a group, research analysts anticipate that NVIDIA Corporation will post 8.04 EPS for the current fiscal year.

NVIDIA announced that its Board of Directors has approved a stock repurchase program on Wednesday, May 20th that allows the company to buyback $80.00 billion in outstanding shares. This buyback authorization allows the computer hardware maker to repurchase up to 1.5% of its shares through open market purchases. Shares buyback programs are generally a sign that the company's board of directors believes its stock is undervalued.

NVIDIA Increases Dividend

The business also recently disclosed a quarterly dividend, which will be paid on Friday, June 26th. Investors of record on Thursday, June 4th will be given a $0.25 dividend. The ex-dividend date of this dividend is Thursday, June 4th. This represents a $1.00 annualized dividend and a yield of 0.5%. This is an increase from NVIDIA's previous quarterly dividend of $0.01. NVIDIA's payout ratio is presently 0.61%.

Insider Activity

In other NVIDIA news, CFO Colette Kress sold 20,000 shares of the business's stock in a transaction dated Friday, March 20th. The shares were sold at an average price of $174.89, for a total transaction of $3,497,800.00. Following the sale, the chief financial officer directly owned 83,060 shares of the company's stock, valued at $14,526,363.40. The trade was a 19.41% decrease in their position. The sale was disclosed in a filing with the SEC, which is available through this link. Also, Director Aarti S. Shah sold 19,000 shares of the business's stock in a transaction dated Thursday, March 19th. The stock was sold at an average price of $176.71, for a total transaction of $3,357,490.00. Following the sale, the director directly owned 36,007 shares in the company, valued at $6,362,796.97. This trade represents a 34.54% decrease in their ownership of the stock. The SEC filing for this sale provides additional information. Over the last ninety days, insiders sold 906,336 shares of company stock worth $162,802,518. 3.94% of the stock is currently owned by company insiders.

Analyst Upgrades and Downgrades

NVDA has been the subject of a number of analyst reports. Wells Fargo & Company reaffirmed an "overweight" rating and set a $315.00 target price (up from $265.00) on shares of NVIDIA in a report on Tuesday, May 12th. Barclays reaffirmed an "overweight" rating on shares of NVIDIA in a report on Thursday, May 21st. Wedbush lifted their target price on shares of NVIDIA from $300.00 to $330.00 and gave the stock an "outperform" rating in a report on Thursday, May 21st. Deutsche Bank Aktiengesellschaft reaffirmed a "hold" rating and set a $255.00 target price (up from $220.00) on shares of NVIDIA in a report on Thursday, May 21st. Finally, The Goldman Sachs Group reaffirmed a "buy" rating and set a $285.00 target price (up from $250.00) on shares of NVIDIA in a report on Wednesday, May 20th. 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's stock. Based on data from MarketBeat, NVIDIA currently has an average rating of "Buy" and an average price target of $305.38.

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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