Montag A & Associates Inc. Reduces Holdings in NVIDIA Corporation $NVDA

Key Points

• Montag A & Associates trimmed its NVIDIA stake by 2.1% in the fourth quarter, selling 4,023 shares and leaving it with 185,061 shares worth about $34.5 million.
• NVIDIA continues to draw broad Wall Street optimism, with several analysts raising price targets and the consensus rating remaining a “Buy,” alongside an average target of about $304.
• The company reported strong quarterly results, including earnings and revenue above expectations, and also boosted shareholder returns through a much larger dividend and an $80 billion share buyback authorization.

Montag A & Associates Inc. reduced its stake in NVIDIA Corporation (NASDAQ:NVDA - Free Report) by 2.1% during the fourth quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The institutional investor owned 185,061 shares of the computer hardware maker's stock after selling 4,023 shares during the period. NVIDIA accounts for 1.6% of Montag A & Associates Inc.'s holdings, making the stock its 9th biggest holding. Montag A & Associates Inc.'s holdings in NVIDIA were worth $34,514,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

Other hedge funds have also added to or reduced their stakes in the company. Longfellow Investment Management Co. LLC grew its stake in NVIDIA by 47.9% in the 2nd quarter. Longfellow Investment Management Co. LLC now owns 207 shares of the computer hardware maker's stock worth $33,000 after acquiring an additional 67 shares in the last quarter. Spurstone Advisory Services LLC bought a new position in NVIDIA in the 2nd quarter worth about $40,000. Syntax Research Inc. boosted its stake in shares of NVIDIA by 62.5% during the fourth quarter. Syntax Research Inc. now owns 260 shares of the computer hardware maker's stock valued at $49,000 after purchasing an additional 100 shares in the last quarter. Sellwood Investment Partners LLC bought a new position in shares of NVIDIA during the third quarter valued at approximately $50,000. Finally, Networth Advisors LLC bought a new position in shares of NVIDIA during the fourth quarter valued at approximately $51,000. 65.27% of the stock is currently owned by institutional investors.

Trending Headlines about NVIDIA

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

Analysts Set New Price Targets

A number of equities analysts have recently issued reports on the stock. Citic Securities increased their price objective on shares of NVIDIA from $242.00 to $315.00 and gave the company a "buy" rating in a research note on Friday, May 22nd. UBS Group lifted their price target on NVIDIA from $275.00 to $280.00 and gave the company a "buy" rating in a report on Thursday, May 21st. DA Davidson boosted their price target on NVIDIA from $250.00 to $300.00 and gave the stock a "buy" rating in a research report on Monday, May 18th. Zacks Research lowered NVIDIA from a "strong-buy" rating to a "hold" rating in a research report on Thursday, May 21st. Finally, Raymond James Financial reiterated a "strong-buy" rating and issued a $330.00 target price on shares of NVIDIA in a research note on Thursday, May 21st. Three equities research analysts have rated the stock with a Strong Buy rating, forty-eight have given a Buy rating and three have issued a Hold rating to the company. According to data from MarketBeat, the stock has an average rating of "Buy" and an average price target of $303.96.

Insider Activity at NVIDIA

In related news, Director Mark A. Stevens sold 221,682 shares of the stock in a transaction that occurred 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 completion of the sale, the director owned 7,399,771 shares of the company's stock, valued at $1,285,192,227.28. This represents a 2.91% decrease in their ownership of the stock. The transaction was disclosed in a legal filing with the SEC, which is available at this link. Also, Director John Dabiri sold 3,004 shares of the stock in a transaction that occurred on Friday, March 13th. The shares were 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 of the company's stock, valued at $2,734,301.20. The trade was a 16.88% decrease in their position. Additional details regarding this sale are available in the official SEC disclosure. Insiders have sold a total of 906,336 shares of company stock valued at $162,802,518 over the last three months. Company insiders own 4.17% of the company's stock.

NVIDIA Trading Down 0.2%

NASDAQ:NVDA opened at $214.86 on Wednesday. NVIDIA Corporation has a 52 week low of $132.92 and a 52 week high of $236.54. The firm has a 50 day moving average of $197.43 and a 200 day moving average of $189.19. 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 capitalization of $5.20 trillion, a price-to-earnings 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 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 $81.62 billion during the quarter, compared to analysts' expectations of $78.42 billion. During the same quarter in the prior year, the company posted $0.81 earnings per share. NVIDIA's revenue for the quarter 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 earnings per share for the current fiscal year.

NVIDIA Increases Dividend

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

NVIDIA declared that its board has initiated a share buyback 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 shares through open market purchases. Shares repurchase programs are usually an indication that the company's management believes its stock is undervalued.

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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