Lansforsakringar Fondforvaltning AB publ Sells 89,126 Shares of NVIDIA Corporation $NVDA

Key Points

• Lansforsakringar Fondforvaltning AB publ trimmed its NVIDIA stake by 1.0% in the first quarter, selling 89,126 shares but still holding 8.95 million shares worth about $1.56 billion. NVIDIA remains its largest portfolio position at roughly 8.2% of assets.
• Despite continued institutional ownership, the article highlights several negative developments around NVIDIA, including concerns about weaker AI spending, possible customer efforts to reduce reliance on its chips, and reports that its next-generation Kyber rack system may be delayed until 2028.
• NVIDIA also reported strong fundamentals and shareholder returns: quarterly EPS and revenue beat expectations, the company boosted its dividend and authorized an $80 billion buyback, while analysts maintain a consensus Buy rating with an average price target of $303.84.

Lansforsakringar Fondforvaltning AB publ cut its stake in shares of NVIDIA Corporation (NASDAQ:NVDA - Free Report) by 1.0% in the first quarter, according to the company in its most recent disclosure with the SEC. The institutional investor owned 8,949,785 shares of the computer hardware maker's stock after selling 89,126 shares during the quarter. NVIDIA makes up approximately 8.2% of Lansforsakringar Fondforvaltning AB publ's portfolio, making the stock its biggest position. Lansforsakringar Fondforvaltning AB publ's holdings in NVIDIA were worth $1,560,834,000 at the end of the most recent reporting period.

Other large investors have also recently made changes to their positions in the company. Presidio Capital Management LLC increased its position in shares of NVIDIA by 0.4% in the 4th quarter. Presidio Capital Management LLC now owns 15,137 shares of the computer hardware maker's stock valued at $2,823,000 after purchasing an additional 53 shares during the last quarter. LMG Wealth Partners LLC lifted its position in shares of NVIDIA by 0.7% during the 4th quarter. LMG Wealth Partners LLC now owns 7,649 shares of the computer hardware maker's stock worth $1,427,000 after purchasing an additional 53 shares during the last quarter. Vision Financial Markets LLC grew its stake in shares of NVIDIA by 1.2% during the third quarter. Vision Financial Markets LLC now owns 4,640 shares of the computer hardware maker's stock worth $866,000 after purchasing an additional 53 shares in the last quarter. Great Oak Capital Partners LLC grew its stake in shares of NVIDIA by 3.8% during the fourth quarter. Great Oak Capital Partners LLC now owns 1,508 shares of the computer hardware maker's stock worth $285,000 after purchasing an additional 55 shares in the last quarter. Finally, JGP Global Gestao de Recursos Ltda. increased its holdings in NVIDIA by 2.3% in the fourth quarter. JGP Global Gestao de Recursos Ltda. now owns 2,402 shares of the computer hardware maker's stock valued at $448,000 after buying an additional 55 shares during the last quarter. 65.27% of the stock is currently owned by hedge funds and other institutional investors.

Key NVIDIA News

Here are the key news stories impacting NVIDIA this week:

• Negative Sentiment: Reports that China’s DeepSeek is developing its own AI inference chip raised concerns that a key customer could reduce reliance on NVIDIA’s chips over time. Nvidia Stock Drops on Reports That DeepSeek Is Quietly Developing Its Own AI Chip
• Negative Sentiment: Broader fears that the AI trade is stalling are weighing on chip stocks, including NVDA, as investors rotate away from the sector. NVDA, AMD, and INTC Forecasts – Stalling AI Trade Pressures Chip Stocks
• Negative Sentiment: Multiple reports say Nvidia’s next-generation Kyber NVL144 rack architecture has been delayed until 2028, fueling worries about manufacturing constraints and a slower product rollout. Nvidia's next-gen AI rack system delayed to 2028 on manufacturing snags, SemiAnalysis says
• Negative Sentiment: More commentary is highlighting that major customers are trying to spend less on Nvidia hardware, reinforcing concerns about pricing power and future AI-infrastructure share. Nvidia Stock Drops Again as More AI Chip Competition Fears Emerge
• Negative Sentiment: Coverage around Michael Burry’s reported bearish stance on NVDA is adding to the cautious tone around AI stocks. Michael Burry’s Nvidia (NVDA) Short Position: Are AI Stocks Headed for a Crash?

NVIDIA Stock Performance

Shares of NASDAQ NVDA traded down $2.80 during trading hours on Tuesday, reaching $192.75. The stock had a trading volume of 20,199,081 shares, compared to its average volume of 168,181,125. The firm has a 50-day moving average of $210.22 and a 200-day moving average of $193.63. The firm has a market cap of $4.66 trillion, a price-to-earnings ratio of 29.60, a PEG ratio of 0.43 and a beta of 2.21. 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 Corporation has a fifty-two week low of $158.39 and a fifty-two week high of $236.54.

NVIDIA (NASDAQ:NVDA - Get Free Report) last released its quarterly earnings results on Wednesday, May 20th. The computer hardware maker reported $1.87 EPS for the quarter, topping 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 company had revenue of $81.61 billion for the quarter, compared to analyst estimates of $78.42 billion. During the same quarter in the previous year, the company posted $0.81 earnings per share. The firm's revenue was up 85.2% compared to the same quarter last year. Equities research analysts predict that NVIDIA Corporation will post 8.69 earnings per share for the current year.

NVIDIA Increases Dividend

The firm also recently announced a quarterly dividend, which was paid on Friday, June 26th. Stockholders of record on Thursday, June 4th were issued a $0.25 dividend. This represents a $1.00 dividend on an annualized basis and a dividend yield of 0.5%. The ex-dividend date of this dividend was Thursday, June 4th. This is a positive change from NVIDIA's previous quarterly dividend of $0.01. NVIDIA's dividend payout ratio is presently 15.31%.

NVIDIA announced that its board has approved a stock buyback plan on Wednesday, May 20th that authorizes the company to buyback $80.00 billion in shares. This buyback authorization authorizes the computer hardware maker to purchase up to 1.5% of its shares through open market purchases. Shares buyback plans are often an indication that the company's leadership believes its shares are undervalued.

Analysts Set New Price Targets

A number of analysts have weighed in on NVDA shares. Citic Securities raised their price target on NVIDIA from $242.00 to $315.00 and gave the company a "buy" rating in a research note on Friday, May 22nd. Susquehanna reiterated a "positive" rating and issued a $275.00 price objective (up from $250.00) on shares of NVIDIA in a report on Tuesday, May 12th. CICC Research raised their target price on NVIDIA from $240.60 to $268.30 and gave the stock an "outperform" rating in a research report on Friday, May 22nd. Cantor Fitzgerald restated an "overweight" rating and set a $350.00 target price on shares of NVIDIA in a research note on Thursday, May 21st. Finally, UBS Group upped their price target on NVIDIA from $275.00 to $280.00 and gave the company a "buy" rating in a report on Thursday, May 21st. Three analysts have rated the stock with a Strong Buy rating, forty-eight have assigned a Buy rating and three have issued a Hold rating to the stock. According to MarketBeat, the stock has a consensus rating of "Buy" and an average target price of $303.84.

Insider Activity

In other NVIDIA news, Director Mark A. Stevens sold 885,000 shares of the firm's stock in a transaction on Thursday, June 18th. The shares were sold at an average price of $210.17, for a total transaction of $186,000,450.00. Following the transaction, the director directly owned 5,207,271 shares of the company's stock, valued at approximately $1,094,412,146.07. This trade represents a 14.53% decrease in their position. The sale was disclosed in a document filed with the SEC, which is available at the SEC website. Also, Director John Dabiri sold 625 shares of NVIDIA stock in a transaction on Wednesday, May 27th. The shares were sold at an average price of $214.00, for a total transaction of $133,750.00. Following the completion of the transaction, the director owned 14,163 shares in the company, valued at approximately $3,030,882. This represents a 4.23% decrease in their ownership of the stock. Additional details regarding this sale are available in the official SEC disclosure. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Insiders have sold 1,901,125 shares of company stock valued at $410,583,015 in the last ninety days. 3.94% of the stock is currently owned by company insiders.

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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