Legacy Edge Advisors LLC Makes New Investment in NVIDIA Corporation $NVDA

Legacy Edge Advisors LLC purchased a new stake in shares of NVIDIA Corporation (NASDAQ:NVDA - Free Report) in the 4th quarter, according to its most recent 13F filing with the Securities & Exchange Commission. The firm purchased 34,027 shares of the computer hardware maker's stock, valued at approximately $6,346,000.

Several other institutional investors and hedge funds have also recently modified their holdings of the stock. Diversified Enterprises LLC increased its holdings in NVIDIA by 44.2% in the 4th quarter. Diversified Enterprises LLC now owns 127,604 shares of the computer hardware maker's stock worth $23,798,000 after buying an additional 39,129 shares in the last quarter. Oak Ridge Investments LLC boosted its position in NVIDIA by 2.2% in the third quarter. Oak Ridge Investments LLC now owns 970,860 shares of the computer hardware maker's stock worth $181,143,000 after purchasing an additional 20,559 shares during the last quarter. PMG Family Office LLC purchased a new position in NVIDIA in the third quarter worth about $2,150,000. Weaver Capital Management LLC boosted its position in NVIDIA by 5.5% in the fourth quarter. Weaver Capital Management LLC now owns 85,216 shares of the computer hardware maker's stock worth $15,893,000 after purchasing an additional 4,439 shares during the last quarter. Finally, Circle Wealth Management LLC boosted its position in NVIDIA by 16.1% in the third quarter. Circle Wealth Management LLC now owns 107,787 shares of the computer hardware maker's stock worth $20,111,000 after purchasing an additional 14,936 shares during the last quarter. 65.27% of the stock is currently owned by institutional investors.

NVIDIA Price Performance

NVDA opened at $214.86 on Wednesday. The business has a fifty day moving average of $197.43 and a 200 day moving average of $189.19. NVIDIA Corporation has a 52-week low of $132.92 and a 52-week high of $236.54. The company has a quick ratio of 2.85, a current ratio of 3.44 and a debt-to-equity ratio of 0.04. The stock has a market cap of $5.20 trillion, a P/E ratio of 32.90, a PEG ratio of 0.52 and a beta of 2.25.

NVIDIA (NASDAQ:NVDA - Get Free Report) last posted its quarterly earnings data on Wednesday, May 20th. The computer hardware maker reported $1.87 earnings per share (EPS) for the quarter, beating analysts' consensus estimates 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 $81.62 billion during the quarter, compared to analysts' expectations of $78.42 billion. During the same quarter in the previous year, the business earned $0.81 EPS. NVIDIA's revenue was up 85.2% compared to the same quarter last year. As a group, sell-side analysts anticipate that NVIDIA Corporation will post 7.98 EPS for the current year.

NVIDIA Increases Dividend

The company also recently announced a quarterly dividend, which will be paid on Friday, June 26th. Shareholders of record on Thursday, June 4th will be issued a $0.25 dividend. The ex-dividend date is Thursday, June 4th. This represents a $1.00 annualized dividend and a dividend yield of 0.5%. This is a positive change from NVIDIA's previous quarterly dividend of $0.01. NVIDIA's dividend payout ratio (DPR) is currently 0.61%.

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

Wall Street Analysts Forecast Growth

A number of research analysts have recently weighed in on the company. Evercore reaffirmed an "outperform" rating and set a $413.00 price objective (up from $352.00) on shares of NVIDIA in a research report on Thursday, May 21st. Weiss Ratings reaffirmed a "buy (b)" rating on shares of NVIDIA in a research report on Friday, April 10th. Itau BBA Securities reissued a "market perform" rating on shares of NVIDIA in a report on Thursday, February 26th. DZ Bank reissued a "buy" rating on shares of NVIDIA in a report on Thursday, May 21st. Finally, BTIG Research began coverage on NVIDIA in a report on Wednesday, April 15th. They issued a "buy" rating on the stock. Three investment 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 data from MarketBeat.com, the company has an average rating of "Buy" and an average price target of $303.96.

Insiders Place Their Bets

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

More NVIDIA News

Here are the key news stories impacting NVIDIA this week:

• Positive Sentiment: Multiple reports said NVIDIA remains a primary beneficiary of the AI buildout, with strong demand for AI chips, hyperscaler spending, and supply constraints in advanced packaging supporting growth. Article Title
• Positive Sentiment: Rothschild & Co Redburn raised its price target on NVIDIA to $300 from $280 and reiterated a buy rating, adding to the broader analyst optimism around the stock. Article Title
• Positive Sentiment: Several commentary pieces highlighted NVIDIA’s record quarterly revenue, strong margins, and expanded buybacks/dividend, reinforcing the view that earnings momentum remains exceptional. Article Title
• Positive Sentiment: Jensen Huang said AI has crossed a “critical threshold,” with tokens now profitable, and also emphasized China as an important market, which keeps the long-term AI revenue story intact. Article Title
• Neutral Sentiment: Some reports noted NVDA’s shares have been wobbly after earnings and that traders are watching whether the post-report consolidation turns into a deeper pullback. Article Title
• Neutral Sentiment: There were also mixed signals from market chatter, with analysts and social media focusing on the stock’s huge AI leadership, while others pointed to valuation and cycle-risk concerns. Article Title
• Negative Sentiment: Michael Burry publicly warned that NVIDIA stock could face a sharp decline, adding to bearish headlines around AI exuberance and a possible unwind in crowded momentum trades. Article Title
• Negative Sentiment: Another cautionary piece argued that NVIDIA’s blockbuster quarter may hide a warning, reflecting investor concern that the stock’s expectations are now very high. Article Title

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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