Liberty Atlantic Advisors LLC Invests $989,000 in NVIDIA Corporation $NVDA

Key Points

• Liberty Atlantic Advisors LLC disclosed a new fourth-quarter position in NVIDIA, buying 5,305 shares worth about $989,000. NVIDIA now represents roughly 1.0% of the firm’s holdings.
• NVIDIA reported strong quarterly results, with $1.87 EPS versus the $1.76 estimate and revenue of $81.62 billion, up 85.2% year over year. The company also lifted its quarterly dividend from $0.01 to $0.25 per share.
• The board authorized an $80 billion share repurchase program, signaling confidence in the stock’s value. Meanwhile, analysts remain broadly bullish, with a consensus Buy rating and an average price target of about $305.38.

Liberty Atlantic Advisors LLC purchased a new position in shares of NVIDIA Corporation (NASDAQ:NVDA - Free Report) in the fourth quarter, according to its most recent filing with the Securities & Exchange Commission. The fund purchased 5,305 shares of the computer hardware maker's stock, valued at approximately $989,000. NVIDIA makes up about 1.0% of Liberty Atlantic Advisors LLC's holdings, making the stock its 18th biggest holding.

Other hedge funds and other institutional investors have also modified their holdings of the company. Brighton Jones LLC boosted its position in NVIDIA by 12.4% during the fourth quarter. Brighton Jones LLC now owns 324,901 shares of the computer hardware maker's stock worth $43,631,000 after acquiring an additional 35,815 shares during the last quarter. Bank Pictet & Cie Europe AG boosted its position in 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 worth $315,100,000 after acquiring an additional 22,929 shares during the last quarter. Highview Capital Management LLC DE boosted its position in NVIDIA by 6.7% during 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 last quarter. Hudson Value Partners LLC boosted its position in NVIDIA by 30.7% during 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 last quarter. Finally, Wealth Group Ltd. boosted its position in NVIDIA by 15.7% during the first quarter. Wealth Group Ltd. now owns 6,598 shares of the computer hardware maker's stock worth $715,000 after acquiring an additional 896 shares during the last quarter. 65.27% of the stock is currently owned by hedge funds and other institutional investors.

NVIDIA Stock Performance

NASDAQ:NVDA opened at $214.25 on Friday. The company has a current ratio of 3.44, a quick ratio of 2.85 and a debt-to-equity ratio of 0.04. The firm has a market capitalization of $5.18 trillion, a price-to-earnings ratio of 32.81, a PEG ratio of 0.51 and a beta of 2.25. The firm's fifty day simple moving average is $198.67 and its 200 day simple moving average is $189.55. NVIDIA Corporation has a twelve month low of $132.92 and a twelve month high of $236.54.

NVIDIA (NASDAQ:NVDA - Get Free Report) last posted its earnings results on Wednesday, May 20th. The computer hardware maker reported $1.87 earnings per share for the quarter, beating the consensus estimate 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 $81.62 billion for the quarter, compared to analyst estimates of $78.42 billion. During the same quarter in the previous year, the business posted $0.81 EPS. The business's quarterly revenue was up 85.2% on a year-over-year basis. As a group, equities research analysts expect that NVIDIA Corporation will post 8.04 earnings per share for the current fiscal year.

NVIDIA Increases Dividend

The company also recently declared a quarterly dividend, which will be paid on Friday, June 26th. Investors of record on Thursday, June 4th will be paid a dividend of $0.25 per share. This is a positive change 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 annualized dividend and a yield of 0.5%. NVIDIA's payout ratio is presently 0.61%.

NVIDIA announced that its Board of Directors has initiated a share repurchase program on Wednesday, May 20th that authorizes the company to repurchase $80.00 billion in shares. This repurchase authorization authorizes the computer hardware maker to buy up to 1.5% of its stock through open market purchases. Stock repurchase programs are typically an indication that the company's management believes its shares are undervalued.

Key NVIDIA News

Here are the key news stories impacting NVIDIA this week:

• Positive Sentiment: Wall Street analysts remain constructive after earnings, with Truist raising its price target to $307 and Tigress Financial lifting its target to $425, citing NVIDIA’s dominant position in AI hardware and strong growth outlook.
• Positive Sentiment: Management’s Taiwan expansion plan is reinforcing the long-term AI demand story. NVIDIA said it plans to spend about $150 billion a year in Taiwan and build a new headquarters there, underscoring confidence in the supply chain and future production capacity.
• Positive Sentiment: Recent commentary continues to frame NVIDIA as a key beneficiary of the AI infrastructure buildout, with articles pointing to ongoing shortages in memory, networking, and power as evidence that demand for NVIDIA’s Blackwell systems remains very strong.
• Neutral Sentiment: Several articles highlight Jensen Huang’s growing influence and visibility, including reports that he may join the advisory board of Tsinghua University and that he is now among the world’s richest people. These are notable but not direct stock catalysts.
• Neutral Sentiment: A number of pieces focus on broader AI ecosystem developments, including Groq’s fundraising, IREN’s Blackwell purchase, and other semiconductor names benefiting from the AI trade. These reinforce sector momentum but are mostly indirect for NVDA.
• Negative Sentiment: Some investors are worried NVIDIA’s valuation has become stretched and that the AI trade may be crowded, with bearish commentary warning that a lot of good news may already be priced in.
• Negative Sentiment: There are also geopolitical and regulatory concerns, including reports of possible NVIDIA chip smuggling to China via Japan, which could revive scrutiny around export controls and China exposure.

Wall Street Analysts Forecast Growth

A number of analysts recently issued reports on NVDA shares. Zacks Research lowered shares of NVIDIA from a "strong-buy" rating to a "hold" rating in a research report on Thursday, May 21st. DZ Bank restated a "buy" rating on shares of NVIDIA in a research report on Thursday, May 21st. Citic Securities raised their target price on shares of NVIDIA from $242.00 to $315.00 and gave the stock a "buy" rating in a research report on Friday, May 22nd. Daiwa Securities Group raised their target price on shares of NVIDIA from $215.00 to $255.00 and gave the stock an "outperform" rating in a research report on Friday, May 22nd. Finally, Barclays restated an "overweight" rating on shares of NVIDIA in a research report on Thursday, May 21st. Three equities research analysts have rated the stock with a Strong Buy rating, forty-seven have issued a Buy rating and three have assigned a Hold rating to the company's stock. According to MarketBeat, the stock presently has a consensus rating of "Buy" and an average price target of $305.38.

Insider Activity

In related news, Director Mark A. Stevens sold 221,682 shares of NVIDIA stock in a transaction on Friday, March 20th. The shares were sold at an average price of $173.68, for a total transaction of $38,501,729.76. Following the sale, the director owned 7,399,771 shares of the company's stock, valued at $1,285,192,227.28. The trade was a 2.91% decrease in their position. The transaction was disclosed in a filing with the SEC, which is accessible through the SEC website. Also, Director John Dabiri sold 3,004 shares of NVIDIA stock in a transaction on Friday, March 13th. The stock was sold at an average price of $184.90, for a total transaction of $555,439.60. Following the sale, the director directly owned 14,788 shares in the company, valued at $2,734,301.20. This trade represents a 16.88% decrease in their position. The SEC filing for this sale provides additional information. Insiders have sold a total of 906,336 shares of company stock worth $162,802,518 over the last three months. 3.94% of the stock is currently owned by corporate 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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