Mirabaud Asset Management Ltd Sells 11,136 Shares of NVIDIA Corporation $NVDA

Key Points

• Mirabaud Asset Management Ltd cut its NVIDIA stake by 14.3% in the fourth quarter, selling 11,136 shares and leaving it with 66,595 shares worth about $12.42 million. NVIDIA still ranks as the firm’s 5th-largest holding, making up 5.8% of its portfolio.
• NVIDIA reported strong quarterly results, posting EPS of $1.87 versus expectations of $1.76 and revenue of $81.62 billion versus the $78.42 billion consensus. Revenue jumped 85.2% year over year, underscoring continued demand for its AI-related hardware.
• The company boosted returns to shareholders by raising its quarterly dividend to $0.25 from $0.01 and authorizing an $80 billion stock repurchase program. Analysts remain broadly positive, with multiple firms raising price targets and MarketBeat showing an average target of $305.38.

Mirabaud Asset Management Ltd lowered its stake in NVIDIA Corporation (NASDAQ:NVDA - Free Report) by 14.3% during the fourth quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The institutional investor owned 66,595 shares of the computer hardware maker's stock after selling 11,136 shares during the period. NVIDIA comprises 5.8% of Mirabaud Asset Management Ltd's investment portfolio, making the stock its 5th biggest position. Mirabaud Asset Management Ltd's holdings in NVIDIA were worth $12,420,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

Other hedge funds also recently bought and sold shares of the company. Diversified Enterprises LLC increased its holdings in shares of NVIDIA by 44.2% in the 4th quarter. Diversified Enterprises LLC now owns 127,604 shares of the computer hardware maker's stock valued at $23,798,000 after acquiring an additional 39,129 shares during the last quarter. Oak Ridge Investments LLC increased its holdings in shares of NVIDIA by 2.2% in 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 acquiring an additional 20,559 shares during the last quarter. PMG Family Office LLC purchased a new position in shares of NVIDIA in the 3rd quarter valued at about $2,150,000. Weaver Capital Management LLC increased its holdings in shares of NVIDIA by 5.5% in 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 acquiring an additional 4,439 shares during the last quarter. Finally, ASR Vermogensbeheer N.V. increased its holdings in shares of NVIDIA by 1.8% in the 4th quarter. ASR Vermogensbeheer N.V. now owns 3,169,377 shares of the computer hardware maker's stock valued at $591,086,000 after acquiring an additional 54,877 shares during the last quarter. Institutional investors and hedge funds own 65.27% of the company's stock.

NVIDIA Trading Down 3.6%

Shares of NVDA stock opened at $214.75 on Thursday. The business's 50 day moving average is $201.97 and its two-hundred day moving average is $190.25. NVIDIA Corporation has a twelve month low of $138.83 and a twelve month high of $236.54. The company has a market capitalization of $5.20 trillion, a P/E ratio of 32.89, a price-to-earnings-growth ratio of 0.54 and a beta of 2.22. The company has a current ratio of 3.44, a quick ratio of 2.85 and a debt-to-equity ratio of 0.04.

NVIDIA (NASDAQ:NVDA - Get Free Report) last posted its quarterly earnings results on Wednesday, May 20th. The computer hardware maker reported $1.87 EPS for the quarter, beating the consensus estimate of $1.76 by $0.11. The business had revenue of $81.62 billion during the quarter, compared to analysts' expectations of $78.42 billion. NVIDIA had a return on equity of 96.94% and a net margin of 62.97%.The company's quarterly revenue was up 85.2% compared to the same quarter last year. During the same period last year, the firm earned $0.81 EPS. Equities analysts forecast that NVIDIA Corporation will post 8.04 EPS for the current year.

NVIDIA Increases Dividend

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

NVIDIA announced that its board has approved a stock repurchase plan on Wednesday, May 20th that allows the company to repurchase $80.00 billion in shares. This repurchase authorization allows the computer hardware maker to repurchase up to 1.5% of its shares through open market purchases. Shares repurchase plans are generally a sign that the company's board of directors believes its shares are undervalued.

NVIDIA News Roundup

Here are the key news stories impacting NVIDIA this week:

• Positive Sentiment: Needham reiterated a Buy rating on NVIDIA and set a $270 price target, implying meaningful upside from current levels.
• Positive Sentiment: Several articles highlighted NVIDIA’s expanding AI roadmap at Computex, including the RTX Spark AI PC chip, which could open a new consumer-PC growth avenue beyond data centers.
• Positive Sentiment: More partner news reinforced NVIDIA’s ecosystem strength, including collaborations involving Navitas, Aptiv, Coherent, Lightmatter, and Ayar Labs, all tied to NVIDIA’s AI infrastructure push.
• Neutral Sentiment: Jensen Huang’s comments that the AI build-out is still accelerating and that NVIDIA has enough supply for robust CPU and GPU growth support the long-term story, but they are not an immediate catalyst on their own. Reuters: Nvidia CEO says has capacity to supply robust CPU and GPU growth
• Neutral Sentiment: NVDA also remained in the spotlight for headline-grabbing coverage around dividends, AI-PC expansion, and comparisons with peers like Broadcom and AMD, but those are mostly narrative items rather than fresh earnings news.
• Negative Sentiment: Investors appear concerned about valuation and a possible AI bubble after the stock’s strong move, with some commentary noting that capital is rotating into other AI beneficiaries such as Broadcom, Marvell, and even non-chip infrastructure names.
• Negative Sentiment: There was also a minor overhang from political insider selling, including Senator Sheldon Whitehouse disclosing a sale of NVDA shares, which may add to near-term caution. Finbold: U.S. politician suspiciously dumps Nvidia stock after 10 years

Analysts Set New Price Targets

NVDA has been the topic of a number of research reports. Wells Fargo & Company restated an "overweight" rating and set a $315.00 price target (up from $265.00) on shares of NVIDIA in a research note on Tuesday, May 12th. Fundamental Research set a $218.00 price target on NVIDIA in a research note on Thursday, February 26th. 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. Wolfe Research restated an "outperform" rating and set a $275.00 price target on shares of NVIDIA in a research note on Thursday, May 21st. Finally, Needham & Company LLC restated a "buy" rating and set a $270.00 price target on shares of NVIDIA in a research note on Tuesday. Three investment analysts have rated the stock with a Strong Buy rating, forty-seven have issued a Buy rating and three have issued a Hold rating to the stock. Based on data from MarketBeat, the stock currently has an average rating of "Buy" and an average target price of $305.38.

Insiders Place Their Bets

In other news, Director Mark A. Stevens sold 221,682 shares of the firm's stock in a transaction that occurred 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 of the company's stock, valued at $1,285,192,227.28. This trade represents a 2.91% decrease in their position. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is available through this hyperlink. Also, EVP Ajay K. Puri sold 300,000 shares of the firm's stock in a transaction that occurred on Wednesday, March 18th. The shares were sold at an average price of $182.25, for a total value of $54,675,000.00. Following the completion of the sale, the executive vice president directly owned 3,018,547 shares of the company's stock, valued at $550,130,190.75. This represents a 9.04% decrease in their ownership of the stock. The SEC filing for this sale provides additional information. Over the last ninety days, insiders sold 906,961 shares of company stock worth $162,936,268. Corporate 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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