Matthew Goff Investment Advisor LLC Has $1.69 Million Stock Holdings in NVIDIA Corporation $NVDA

Key Points

• Matthew Goff Investment Advisor LLC cut its NVIDIA stake by 29.8% in the second quarter, selling 3,584 shares and retaining 8,439 shares worth approximately $1.69 million.
• Institutional ownership remains substantial at 65.27%, with several major investors—including Assenagon Asset Management and the Czech National Bank—increasing their positions during the quarter.
• NVIDIA reported quarterly revenue of $81.61 billion, up 85.2% year over year, and authorized an $80 billion share-repurchase program. Analysts maintain a broadly bullish view, with a consensus “Buy” rating and a $305.94 price target.

Matthew Goff Investment Advisor LLC lowered its stake in shares of NVIDIA Corporation (NASDAQ:NVDA - Free Report) by 29.8% in the second quarter, according to its most recent 13F filing with the Securities & Exchange Commission. The firm owned 8,439 shares of the computer hardware maker's stock after selling 3,584 shares during the period. Matthew Goff Investment Advisor LLC's holdings in NVIDIA were worth $1,689,000 as of its most recent SEC filing.

Other institutional investors and hedge funds have also modified their holdings of the company. Elevation Wealth Partners LLC increased its stake in shares of NVIDIA by 7.8% in the second quarter. Elevation Wealth Partners LLC now owns 19,767 shares of the computer hardware maker's stock worth $3,955,000 after acquiring an additional 1,425 shares during the last quarter. Czech National Bank raised its holdings in shares of NVIDIA by 4.2% during the second quarter. Czech National Bank now owns 6,894,089 shares of the computer hardware maker's stock worth $1,379,438,000 after acquiring an additional 276,090 shares in the last quarter. Assenagon Asset Management S.A. boosted its position in NVIDIA by 28.6% during the second quarter. Assenagon Asset Management S.A. now owns 26,337,224 shares of the computer hardware maker's stock valued at $5,269,815,000 after purchasing an additional 5,850,506 shares during the last quarter. St. Louis Financial Planners Asset Management LLC acquired a new stake in NVIDIA during the second quarter valued at $3,184,000. Finally, 55 North Private Wealth LLC grew its stake in NVIDIA by 14.4% in the second quarter. 55 North Private Wealth LLC now owns 37,987 shares of the computer hardware maker's stock valued at $7,601,000 after purchasing an additional 4,788 shares in the last quarter. 65.27% of the stock is currently owned by hedge funds and other institutional investors.

NVIDIA Price Performance

Shares of NVIDIA stock opened at $225.16 on Monday. NVIDIA Corporation has a 12-month low of $164.07 and a 12-month 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 50 day moving average price of $206.14 and a two-hundred day moving average price of $198.60. The stock has a market capitalization of $5.45 trillion, a P/E ratio of 34.48, a PEG ratio of 0.44 and a beta of 2.23.

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, beating analysts' consensus estimates of $1.76 by $0.11. NVIDIA had a net margin of 62.97% and a return on equity of 96.94%. The company had revenue of $81.61 billion for the quarter, compared to analyst estimates of $78.42 billion. During the same quarter last year, the firm posted $0.81 earnings per share. The company's quarterly revenue was up 85.2% compared to the same quarter last year. Equities analysts expect that NVIDIA Corporation will post 8.79 earnings per share for the current year.

NVIDIA Increases Dividend

The company also recently announced a quarterly dividend, which was paid on Friday, June 26th. Investors of record on Thursday, June 4th were issued a $0.25 dividend. This is a boost from NVIDIA's previous quarterly dividend of $0.01. The ex-dividend date was Thursday, June 4th. This represents a $1.00 annualized dividend and a yield of 0.4%. NVIDIA's payout ratio is 15.31%.

NVIDIA declared that its Board of Directors has approved a stock buyback program on Wednesday, May 20th that allows the company to repurchase $80.00 billion in outstanding shares. This repurchase authorization allows the computer hardware maker to repurchase up to 1.5% of its shares through open market purchases. Shares repurchase programs are generally an indication that the company's leadership believes its stock is undervalued.

Trending Headlines about NVIDIA

Here are the key news stories impacting NVIDIA this week:

• Positive Sentiment: UBS expects another major earnings beat. The firm reiterated a Buy rating and $280 price target, forecasting that NVIDIA could exceed its fiscal second-quarter revenue outlook of $91 billion by several billion dollars as GB300 demand ramps ahead of the Vera Rubin platform. UBS earnings outlook
• Positive Sentiment: A proposed $500 billion financing initiative could expand customers’ purchasing capacity. Apollo, BlackRock, Brookfield, Goldman Sachs and other financial firms are discussing capital pools and securitized loans for AI data centers. The structure could support continued GPU deployments and create a secondary market for older NVIDIA systems. NVIDIA GPU financing deal
• Positive Sentiment: Demand catalysts continue to broaden. NVIDIA is promoting open-source AI tools, expanding into robotics and physical AI, partnering with former rival Groq, and deepening its networking and infrastructure business. A $2 billion investment in Marvell also highlights efforts to strengthen the broader AI supply chain. NVIDIA open-source AI strategy
• Neutral Sentiment: Market volatility appears driven more by liquidity than fundamentals. Asian market circuit breakers and currency-related selling pressured semiconductor shares, but the underlying hyperscaler data-center buildout and long-term AI infrastructure commitments remain intact. Asian market volatility and AI demand
• Negative Sentiment: Expectations and valuation leave little room for disappointment. Analysts note that NVIDIA’s strong pre-earnings performance has set a high bar, while critics—including Michael Burry—warn that AI financing may become circular if customers rely heavily on borrowed capital. Concerns also include power, labor and chip-supply bottlenecks, as well as the risk that Chinese developers optimize models for Huawei hardware instead of U.S. GPUs. AI infrastructure bottlenecks

Analyst Upgrades and Downgrades

NVDA has been the topic of several research reports. Argus upped their target price on NVIDIA from $220.00 to $270.00 and gave the stock a "buy" rating in a research report on Thursday, May 21st. DA Davidson reissued a "buy" rating and issued a $300.00 price target on shares of NVIDIA in a research note on Monday, June 1st. BNP Paribas Exane boosted their price target on NVIDIA from $270.00 to $285.00 and gave the company an "outperform" rating in a research note on Thursday, May 21st. Rosenblatt Securities reaffirmed a "buy" rating and set a $325.00 price objective on shares of NVIDIA in a research report on Thursday, May 21st. Finally, Jefferies Financial Group reaffirmed a "buy" rating and set a $300.00 price objective (up from $275.00) 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-eight have issued a Buy rating and two have given a Hold rating to the stock. According to data from MarketBeat.com, NVIDIA currently has an average rating of "Buy" and a consensus price target of $305.94.

Insiders Place Their Bets

In other NVIDIA news, Director Stephen C. Neal sold 15,500 shares of the business's stock in a transaction on Wednesday, June 3rd. The shares were sold at an average price of $215.73, for a total transaction of $3,343,815.00. Following the completion of the transaction, the director owned 116,135 shares of the company's stock, valued at $25,053,803.55. The trade was a 11.77% decrease in their position. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is available at the SEC website. Also, Director Mark A. Stevens sold 885,000 shares of the company's stock in a transaction dated 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 sale, the director owned 5,207,271 shares of the company's stock, valued at $1,094,412,146.07. This trade represents a 14.53% decrease in their ownership of the stock. The disclosure for this sale is available in the SEC filing. Insiders sold a total of 1,901,125 shares of company stock valued at $410,583,015 in the last quarter. Insiders own 3.94% of the company's stock.

NVIDIA Company 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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