Johnson Financial Group Inc. Decreases Stake in NVIDIA Corporation $NVDA

Key Points

• Johnson Financial Group reduced its NVIDIA stake by 7.9% in the first quarter, selling 13,279 shares and retaining 154,803 shares valued at approximately $27 million. Institutional investors still own 65.27% of NVIDIA.
• Wall Street remains bullish: analysts give NVIDIA a consensus “Buy” rating with an average price target of $304.26, well above the reported trading price of $200.75.
• NVIDIA reported quarterly revenue of $81.61 billion, up 85.2% year over year, and beat earnings expectations. The company also raised its quarterly dividend and authorized an $80 billion share-repurchase plan.

Johnson Financial Group Inc. lowered its stake in NVIDIA Corporation (NASDAQ:NVDA - Free Report) by 7.9% in the 1st quarter, according to its most recent disclosure with the SEC. The fund owned 154,803 shares of the computer hardware maker's stock after selling 13,279 shares during the quarter. NVIDIA accounts for 1.0% of Johnson Financial Group Inc.'s portfolio, making the stock its 16th biggest position. Johnson Financial Group Inc.'s holdings in NVIDIA were worth $26,999,000 as of its most recent filing with the SEC.

Other institutional investors and hedge funds have also recently made changes to their positions in the company. Brighton Jones LLC increased its stake in shares of NVIDIA by 12.4% during the fourth quarter. Brighton Jones LLC now owns 324,901 shares of the computer hardware maker's stock valued at $43,631,000 after buying an additional 35,815 shares during the period. Bank Pictet & Cie Europe AG raised its holdings in shares of NVIDIA by 1.0% during the fourth quarter. Bank Pictet & Cie Europe AG now owns 2,346,417 shares of the computer hardware maker's stock valued at $315,100,000 after acquiring an additional 22,929 shares in the last quarter. Highview Capital Management LLC DE lifted its stake in NVIDIA by 6.7% in the fourth quarter. Highview Capital Management LLC DE now owns 58,396 shares of the computer hardware maker's stock worth $7,842,000 after acquiring an additional 3,653 shares during the period. Hudson Value Partners LLC lifted its stake in NVIDIA by 30.7% in the fourth quarter. Hudson Value Partners LLC now owns 50,658 shares of the computer hardware maker's stock worth $6,805,000 after acquiring an additional 11,900 shares during the period. Finally, Wealth Group Ltd. boosted its holdings in NVIDIA by 15.7% in the first quarter. Wealth Group Ltd. now owns 6,598 shares of the computer hardware maker's stock valued at $715,000 after acquiring an additional 896 shares in the last quarter. Institutional investors own 65.27% of the company's stock.

Wall Street Analysts Forecast Growth

NVDA has been the subject of several research reports. Daiwa Securities Group upped 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, May 22nd. Benchmark reiterated a "buy" rating and set a $335.00 price target (up from $250.00) on shares of NVIDIA in a research report on Thursday, May 21st. Mizuho set a $300.00 price target on shares of NVIDIA in a research note on Thursday, May 21st. Zacks Research upgraded shares of NVIDIA from a "hold" rating to a "strong-buy" rating in a report on Monday, July 20th. Finally, Deutsche Bank Aktiengesellschaft restated a "hold" rating and issued a $255.00 price objective (up from $220.00) on shares of NVIDIA in a report on Thursday, May 21st. Three investment analysts have rated the stock with a Strong Buy rating, forty-eight have issued a Buy rating and two have given a Hold rating to the stock. Based on data from MarketBeat, the company currently has a consensus rating of "Buy" and an average price target of $304.26.

NVIDIA Trading Up 2.9%

NASDAQ:NVDA opened at $200.75 on Friday. The firm has a market capitalization of $4.86 trillion, a P/E ratio of 30.74, a PEG ratio of 0.39 and a beta of 2.21. The company has a debt-to-equity ratio of 0.04, a current ratio of 3.44 and a quick ratio of 2.85. NVIDIA Corporation has a one year low of $164.07 and a one year high of $236.54. The company's 50-day simple moving average is $205.41 and its 200 day simple moving average is $196.12.

NVIDIA (NASDAQ:NVDA - Get Free Report) last announced its earnings results on Wednesday, May 20th. The computer hardware maker reported $1.87 earnings per share for the quarter, beating analysts' consensus estimates of $1.76 by $0.11. NVIDIA had a net margin of 62.97% and a return on equity of 96.94%. The business had revenue of $81.61 billion during the quarter, compared to the consensus estimate of $78.42 billion. During the same quarter last year, the firm earned $0.81 earnings per share. The business's revenue for the quarter was up 85.2% on a year-over-year basis. As a group, analysts forecast that NVIDIA Corporation will post 8.79 EPS for the current fiscal year.

NVIDIA Increases Dividend

The business also recently declared a quarterly dividend, which was paid on Friday, June 26th. Investors of record on Thursday, June 4th were paid a $0.25 dividend. This represents a $1.00 annualized dividend and a dividend yield of 0.5%. The ex-dividend date was Thursday, June 4th. This is an increase from NVIDIA's previous quarterly dividend of $0.01. NVIDIA's dividend payout ratio (DPR) is currently 15.31%.

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

Insider Buying and Selling

In other NVIDIA news, Director John Dabiri sold 625 shares of the business's stock in a transaction on Wednesday, May 27th. The stock was sold at an average price of $214.00, for a total value of $133,750.00. Following the sale, the director directly owned 14,163 shares of the company's stock, valued at approximately $3,030,882. The trade was a 4.23% decrease in their ownership of the stock. The transaction was disclosed in a legal filing with the SEC, which can be accessed through this link. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Also, Director Stephen C. Neal sold 15,500 shares of the stock in a transaction on Wednesday, June 3rd. The stock was sold at an average price of $215.73, for a total value of $3,343,815.00. Following the completion of the sale, the director directly owned 116,135 shares in the company, valued at approximately $25,053,803.55. This represents a 11.77% decrease in their ownership of the stock. The disclosure for this sale is available in the SEC filing. Insiders have sold 1,901,125 shares of company stock worth $410,583,015 in the last 90 days. Insiders own 3.94% of the company's stock.

Key NVIDIA News

Here are the key news stories impacting NVIDIA this week:

• Positive Sentiment: Amazon supports demand outlook: Amazon raised its capital-expenditure forecast and downplayed competition between its custom AI chips and NVIDIA’s processors. The update reassured investors that hyperscaler spending remains a significant growth driver for NVIDIA. Nvidia Stock Rises. Thank Amazon.
• Positive Sentiment: Additional large-scale chip demand: Chinese AI company Moonshot reportedly has an Alibaba computing agreement involving approximately 20,000 NVIDIA chips. Although the arrangement is indirect, it highlights continued demand for NVIDIA’s accelerators across AI platforms. Moonshot has Nvidia chip cluster from Alibaba computing deal
• Positive Sentiment: Sector-wide investor support: Semiconductor ETFs attracted substantial new money as chip stocks rallied following strong technology earnings, providing a favorable backdrop for NVIDIA. Analysts also remain broadly bullish, with reported median price targets well above the current trading level and positive earnings-estimate revisions. Semiconductor ETFs Draw Cash This Week as Chip Stocks Rally
• Neutral Sentiment: Upcoming earnings catalyst: NVIDIA will report fiscal second-quarter 2027 results on August 26. Investors will focus on revenue growth, forward guidance and whether hyperscaler AI spending is translating into sustained orders. The company’s latest reported quarter showed $81.6 billion in revenue, up 85% year over year, and earnings above consensus.
• Negative Sentiment: Financing concerns remain: Investors continue to debate whether AI infrastructure expansion relies too heavily on leveraged or “circular” financing arrangements. Credit-market hedging activity and discussion of a potential financing backstop tied to an OpenAI data-center project could limit valuation expansion. NVIDIA Stock Is Still Up, But $250 Billion AI Risk Has Spooked The Debt Market
• Negative Sentiment: Bearish positioning and selling: Investor Michael Burry reportedly expanded bearish bets against NVIDIA, while recent insider and institutional selling adds a secondary source of caution. These transactions do not necessarily indicate deteriorating fundamentals but may contribute to volatility.

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.

Want to see what other hedge funds are holding NVDA? Visit HoldingsChannel.com to get the latest 13F filings and insider trades for NVIDIA Corporation (NASDAQ:NVDA - Free Report).

This instant news alert was generated by narrative science technology and financial data from MarketBeat in order to provide readers with the fastest reporting and unbiased coverage. Please send any questions or comments about this story to contact@marketbeat.com.