Meitav Investment House Ltd. Has $267.68 Million Position in NVIDIA Corporation $NVDA

Key Points

• Meitav Investment House Ltd. increased its NVIDIA stake by 36.6% in the first quarter, buying an additional 412,010 shares. The fund now holds 1,536,778 shares valued at about $267.68 million, making NVIDIA its ninth-largest position.
• NVIDIA beat earnings expectations in its latest quarter, reporting $1.87 per share on revenue of $81.61 billion, both above analyst estimates. Revenue jumped 85.2% year over year, underscoring continued strong demand.
• The company also boosted shareholder returns with a new quarterly dividend of $0.25 per share and approved an $80 billion stock buyback program. Wall Street remains largely bullish, with a consensus rating of Moderate Buy and a target price around $304.26.

Meitav Investment House Ltd. raised its holdings in NVIDIA Corporation (NASDAQ:NVDA - Free Report) by 36.6% during the 1st quarter, according to its most recent filing with the Securities & Exchange Commission. The fund owned 1,536,778 shares of the computer hardware maker's stock after acquiring an additional 412,010 shares during the quarter. NVIDIA makes up 2.9% of Meitav Investment House Ltd.'s holdings, making the stock its 9th largest holding. Meitav Investment House Ltd.'s holdings in NVIDIA were worth $267,682,000 as of its most recent SEC filing.

A number of other hedge funds and other institutional investors have also bought and sold shares of NVDA. Brighton Jones LLC grew its holdings in shares of NVIDIA by 12.4% in the fourth quarter. Brighton Jones LLC now owns 324,901 shares of the computer hardware maker's stock worth $43,631,000 after purchasing an additional 35,815 shares during the last quarter. Bank Pictet & Cie Europe AG lifted its holdings in NVIDIA by 1.0% during the 4th quarter. Bank Pictet & Cie Europe AG now owns 2,346,417 shares of the computer hardware maker's stock valued at $315,100,000 after buying an additional 22,929 shares in the last quarter. Highview Capital Management LLC DE boosted its position in NVIDIA by 6.7% in the 4th quarter. Highview Capital Management LLC DE now owns 58,396 shares of the computer hardware maker's stock valued at $7,842,000 after buying an additional 3,653 shares during the period. Hudson Value Partners LLC boosted its position in NVIDIA by 30.7% in the 4th quarter. Hudson Value Partners LLC now owns 50,658 shares of the computer hardware maker's stock valued at $6,805,000 after buying an additional 11,900 shares during the period. Finally, Wealth Group Ltd. grew its stake in NVIDIA by 15.7% in the 1st 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 in the last quarter. Hedge funds and other institutional investors own 65.27% of the company's stock.

NVIDIA Stock Performance

Shares of NASDAQ:NVDA opened at $207.40 on Friday. The company has a market capitalization of $5.02 trillion, a price-to-earnings ratio of 31.76, a price-to-earnings-growth ratio of 0.47 and a beta of 2.21. NVIDIA Corporation has a 52 week low of $164.07 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 firm has a 50 day moving average of $209.88 and a 200 day moving average of $195.05.

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, topping analysts' consensus estimates of $1.76 by $0.11. The company had revenue of $81.61 billion during the quarter, compared to analyst estimates of $78.42 billion. NVIDIA had a return on equity of 96.94% and a net margin of 62.97%.NVIDIA's revenue was up 85.2% on a year-over-year basis. During the same quarter in the prior year, the business earned $0.81 earnings per share. On average, sell-side analysts predict that NVIDIA Corporation will post 8.8 earnings per share for the current fiscal year.

NVIDIA Increases Dividend

The business also recently disclosed a quarterly dividend, which was paid on Friday, June 26th. Investors of record on Thursday, June 4th were paid a dividend of $0.25 per share. This is an increase from NVIDIA's previous quarterly dividend of $0.01. The ex-dividend date was Thursday, June 4th. This represents a $1.00 dividend on an annualized basis and a dividend yield of 0.5%. NVIDIA's dividend payout ratio (DPR) is currently 15.31%.

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

Wall Street Analysts Forecast Growth

NVDA has been the topic of a number of research reports. Mizuho set a $300.00 target price on shares of NVIDIA in a research report on Thursday, May 21st. UBS Group increased their price objective on NVIDIA from $275.00 to $280.00 and gave the stock a "buy" rating in a research note on Thursday, May 21st. Evercore restated an "outperform" rating and set a $413.00 price objective (up from $352.00) on shares of NVIDIA in a report on Thursday, May 21st. Citic Securities lifted their target price on NVIDIA from $242.00 to $315.00 and gave the company a "buy" rating in a research report on Friday, May 22nd. Finally, President Capital upped their target price on NVIDIA from $280.00 to $295.00 and gave the stock a "buy" rating in a report on Thursday, May 21st. Two investment analysts have rated the stock with a Strong Buy rating, forty-eight have given a Buy rating and three have given a Hold rating to the company. According to MarketBeat.com, NVIDIA currently has a consensus rating of "Moderate Buy" and a consensus target price of $304.26.

NVIDIA News Summary

Here are the key news stories impacting NVIDIA this week:

• Positive Sentiment: NVIDIA expanded its AI push in Japan, unveiling partnerships with major companies and institutions to build national AI infrastructure, robotics, and localized AI models. Japan Government, Industrial Leaders and NVIDIA Launch the World's First National AI Infrastructure
• Positive Sentiment: Japan’s robotics and manufacturing leaders are adopting NVIDIA’s Cosmos, Isaac, Metropolis, Jetson, and Nemotron platforms, reinforcing the company’s push beyond GPUs into physical AI and full-stack infrastructure. Japan's Robotics and Manufacturing Leaders Build on NVIDIA Cosmos to Advance Physical AI Frontier
• Positive Sentiment: Analysts at KeyCorp reiterated an Overweight view and raised long-dated earnings estimates, suggesting Wall Street still sees substantial upside if NVIDIA’s AI buildout continues. MarketBeat NVIDIA analyst and earnings estimates

Insider Activity at NVIDIA

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