KTF Investments LLC Acquires Shares of 184,929 NVIDIA Corporation $NVDA

Key Points

• KTF Investments LLC opened a new stake in NVIDIA during the fourth quarter, buying 184,929 shares worth about $34.5 million. NVIDIA now represents about 5.7% of the firm’s holdings and is its third-largest position.
• NVIDIA’s latest quarter was very strong, with earnings per share of $1.87 and revenue of $81.62 billion, both above analyst expectations. Revenue jumped 85.2% year over year, underscoring continued demand for its AI and data center chips.
• The company also approved an $80 billion stock buyback and increased its quarterly dividend to $0.25 per share, signaling confidence in its outlook and commitment to shareholder returns. At the same time, analysts largely remain bullish, with a consensus rating of Buy and an average price target of $298.58.

KTF Investments LLC acquired a new stake in NVIDIA Corporation (NASDAQ:NVDA - Free Report) during the fourth quarter, according to its most recent filing with the SEC. The firm acquired 184,929 shares of the computer hardware maker's stock, valued at approximately $34,489,000. NVIDIA comprises approximately 5.7% of KTF Investments LLC's holdings, making the stock its 3rd largest holding.

A number of other hedge funds have also recently bought and sold shares of the company. Brighton Jones LLC raised its position in shares of NVIDIA by 12.4% during the 4th quarter. Brighton Jones LLC now owns 324,901 shares of the computer hardware maker's stock valued at $43,631,000 after acquiring an additional 35,815 shares during the last quarter. Bank Pictet & Cie Europe AG raised its position in shares of NVIDIA by 1.0% during the 4th 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 during the last quarter. Highview Capital Management LLC DE raised its position in shares of NVIDIA by 6.7% during the 4th quarter. Highview Capital Management LLC DE now owns 58,396 shares of the computer hardware maker's stock valued at $7,842,000 after acquiring an additional 3,653 shares during the last quarter. Hudson Value Partners LLC raised its position in shares of NVIDIA by 30.7% during the 4th quarter. Hudson Value Partners LLC now owns 50,658 shares of the computer hardware maker's stock valued at $6,805,000 after acquiring an additional 11,900 shares during the last quarter. Finally, Wealth Group Ltd. raised its position in shares of NVIDIA by 15.7% during the 1st 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 during the last quarter. 65.27% of the stock is currently owned by institutional investors.

More NVIDIA News

Here are the key news stories impacting NVIDIA this week:

• Positive Sentiment: Record revenue, earnings and cash flow, plus a major beat in data center sales, reinforce NVIDIA’s AI leadership and suggest demand remains very strong.
• Positive Sentiment: The $80 billion buyback and much higher dividend signal management confidence and should support shareholder returns.
• Positive Sentiment: Multiple analysts raised price targets after the report, reflecting continued Wall Street optimism about NVDA’s long-term growth. Article Title
• Neutral Sentiment: Management’s new outlook excludes China data-center revenue, which leaves some uncertainty around a key growth market.
• Neutral Sentiment: The stock had already run up sharply into earnings, so the market may be using the report as a chance to take profits or wait for even more upside from next-generation Vera Rubin products.
• Negative Sentiment: Investor expectations were so high that even a blockbuster quarter failed to spark a rally, suggesting the stock may be priced for perfection and vulnerable to near-term volatility.

NVIDIA Price Performance

Shares of NASDAQ NVDA opened at $219.51 on Friday. The firm has a market cap of $5.32 trillion, a PE ratio of 33.62, a PEG ratio of 0.69 and a beta of 2.25. The company has a current ratio of 3.91, a quick ratio of 3.24 and a debt-to-equity ratio of 0.05. NVIDIA Corporation has a 1-year low of $129.16 and a 1-year high of $236.54. The company has a fifty day moving average price of $195.51 and a 200 day moving average price of $188.87.

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, topping analysts' consensus estimates of $1.76 by $0.11. The firm had revenue of $81.62 billion during the quarter, compared to analyst estimates of $78.42 billion. NVIDIA had a net margin of 62.97% and a return on equity of 110.48%. The company'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 business earned $0.81 EPS. Research analysts predict that NVIDIA Corporation will post 7.89 earnings per share 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 announced a quarterly dividend, which will be paid on Friday, June 26th. Investors of record on Thursday, June 4th will be paid a $0.25 dividend. This represents a $1.00 dividend on an annualized basis and a yield of 0.5%. The ex-dividend date of this dividend is Thursday, June 4th. This is a boost from NVIDIA's previous quarterly dividend of $0.01. NVIDIA's dividend payout ratio (DPR) is currently 0.82%.

Insider Transactions at NVIDIA

In related news, Director John Dabiri sold 3,004 shares of the company's stock in a transaction on Friday, March 13th. The shares were sold at an average price of $184.90, for a total value of $555,439.60. Following the completion of the transaction, the director directly owned 14,788 shares of the company's stock, valued at approximately $2,734,301.20. This represents a 16.88% decrease in their position. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is accessible through this link. Also, Director Mark A. Stevens sold 221,682 shares of the business's stock in a transaction dated Friday, March 20th. The stock was sold at an average price of $173.68, for a total transaction of $38,501,729.76. Following the sale, the director directly owned 7,399,771 shares in the company, valued at $1,285,192,227.28. This trade represents a 2.91% decrease in their ownership of the stock. The SEC filing for this sale provides additional information. In the last 90 days, insiders sold 906,336 shares of company stock worth $162,802,518. Company insiders own 4.17% of the company's stock.

Analysts Set New Price Targets

NVDA has been the subject of several recent research reports. Seaport Research Partners upped their target price on shares of NVIDIA from $140.00 to $180.00 and gave the company a "sell" rating in a research report on Thursday. TD Cowen reiterated a "buy" rating and set a $275.00 target price (up from $235.00) on shares of NVIDIA in a research report on Friday, May 15th. President Capital upped their target price on shares of NVIDIA from $280.00 to $295.00 and gave the company a "buy" rating in a research report on Thursday. Craig Hallum upped their target price on shares of NVIDIA from $245.00 to $275.00 and gave the company a "buy" rating in a research report on Thursday. Finally, JPMorgan Chase & Co. upped their target price on shares of NVIDIA from $265.00 to $280.00 and gave the company an "overweight" rating in a research report on Thursday. Four research analysts have rated the stock with a Strong Buy rating, forty-eight have given a Buy rating and two have issued a Hold rating to the company's stock. According to MarketBeat.com, NVIDIA currently has a consensus rating of "Buy" and an average price target of $298.58.

About NVIDIA

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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