Lattice Capital Management LLC Sells 177,000 Shares of NVIDIA Corporation $NVDA

Key Points

• Lattice Capital Management cut its NVIDIA stake by 67.7% in the fourth quarter, selling 177,000 shares and leaving it with 84,500 shares worth about $15.8 million. Even after the sale, NVIDIA remained the fund’s largest holding at roughly 22.1% of its portfolio.
• Wall Street remains broadly bullish on NVIDIA, with several analysts raising price targets and the consensus rating staying at “Buy.” MarketBeat data shows 3 Strong Buy ratings, 48 Buy ratings, and just 3 Hold ratings, with a consensus price target of $305.38.
• NVIDIA reported strong results in its latest quarter, posting earnings and revenue above expectations and 85.2% year-over-year revenue growth. The company also boosted its quarterly dividend to $0.25 and authorized an $80 billion share buyback program.

Lattice Capital Management LLC lowered its position in NVIDIA Corporation (NASDAQ:NVDA - Free Report) by 67.7% during the fourth quarter, according to its most recent filing with the SEC. The firm owned 84,500 shares of the computer hardware maker's stock after selling 177,000 shares during the period. NVIDIA accounts for approximately 22.1% of Lattice Capital Management LLC's portfolio, making the stock its largest position. Lattice Capital Management LLC's holdings in NVIDIA were worth $15,759,000 at the end of the most recent reporting period.

Other hedge funds and other institutional investors have also recently modified their holdings of the company. Diversified Enterprises LLC increased its stake in NVIDIA by 44.2% during the 4th 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 stake in NVIDIA by 2.2% during the 3rd 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 bought a new stake in NVIDIA during the 3rd quarter valued at $2,150,000. Weaver Capital Management LLC increased its stake in NVIDIA by 5.5% during the 4th 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 increased its stake 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 valued at $20,111,000 after purchasing an additional 14,936 shares in the last quarter. Institutional investors and hedge funds own 65.27% of the company's stock.

Wall Street Analyst Weigh In

A number of analysts have commented on NVDA shares. TD Cowen restated a "buy" rating and set a $275.00 price target (up from $235.00) on shares of NVIDIA in a research note on Friday, May 15th. Barclays reaffirmed an "overweight" rating on shares of NVIDIA in a report on Thursday, May 21st. UBS Group lifted their price objective on shares of NVIDIA from $275.00 to $280.00 and gave the stock a "buy" rating in a report on Thursday, May 21st. Truist Financial lifted their price objective on shares of NVIDIA from $287.00 to $307.00 and gave the stock a "buy" rating in a report on Thursday, May 21st. Finally, Deutsche Bank Aktiengesellschaft reaffirmed a "hold" rating and set 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 given a Buy rating and three have issued a Hold rating to the company's stock. Based on data from MarketBeat, the stock has a consensus rating of "Buy" and a consensus price target of $305.38.

Insider Buying and Selling

In related news, Director Aarti S. Shah sold 19,000 shares of the business's stock in a transaction dated Thursday, March 19th. The shares were sold at an average price of $176.71, for a total value of $3,357,490.00. Following the transaction, the director directly owned 36,007 shares of the company's stock, valued at approximately $6,362,796.97. The trade was a 34.54% decrease in their position. The sale was disclosed in a filing with the Securities & Exchange Commission, which can be accessed through this hyperlink. Also, CFO Colette Kress sold 42,650 shares of the business's stock in a transaction dated Friday, March 20th. The stock was sold at an average price of $174.89, for a total transaction of $7,459,058.50. Following the completion of the transaction, the chief financial officer directly owned 881,387 shares in the company, valued at $154,145,772.43. This trade represents a 4.62% decrease in their ownership of the stock. The SEC filing for this sale provides additional information. Insiders sold 906,336 shares of company stock worth $162,802,518 in the last ninety days. Corporate insiders own 3.94% of the company's stock.

NVIDIA Price Performance

Shares of NASDAQ:NVDA opened at $212.60 on Thursday. The company's 50-day moving average is $198.02 and its 200 day moving average is $189.36. The company has a debt-to-equity ratio of 0.04, a quick ratio of 2.85 and a current ratio of 3.44. The company has a market capitalization of $5.14 trillion, a P/E ratio of 32.56, a price-to-earnings-growth ratio of 0.52 and a beta of 2.25. NVIDIA Corporation has a fifty-two week low of $132.92 and a fifty-two week high of $236.54.

NVIDIA (NASDAQ:NVDA - Get Free Report) last issued its quarterly 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 company had revenue of $81.62 billion for the quarter, compared to the consensus estimate of $78.42 billion. NVIDIA had a net margin of 62.97% and a return on equity of 96.94%. The firm's quarterly revenue was up 85.2% on a year-over-year basis. During the same period in the previous year, the firm earned $0.81 EPS. On average, equities research analysts forecast that NVIDIA Corporation will post 8.04 earnings per share for the current year.

NVIDIA Increases Dividend

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

NVIDIA declared that its Board of Directors has authorized a share buyback program on Wednesday, May 20th that authorizes the company to repurchase $80.00 billion in outstanding shares. This repurchase authorization authorizes the computer hardware maker to purchase up to 1.5% of its shares through open market purchases. Shares repurchase programs are often a sign that the company's board believes its shares are undervalued.

NVIDIA News Summary

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.

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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