Nan Fung Trinity HK Ltd. Grows Position in NVIDIA Corporation $NVDA

Key Points

• Nan Fung Trinity HK Ltd. increased its NVIDIA stake by 18.7% in the fourth quarter, buying 30,600 additional shares and bringing its position to 194,640 shares worth about $36.3 million.
• NVIDIA has been drawing broad bullish analyst and institutional support, with several hedge funds adding shares and analysts like Wells Fargo, UBS, HSBC, and KeyCorp raising price targets. The stock now carries a consensus Buy rating and a target price of about $305.38.
• The company continues to post strong fundamentals and growth initiatives, including quarterly EPS of $1.87 on revenue of $81.62 billion, plus a big dividend hike and an $80 billion share buyback authorization. Recent product launches and AI-PC expansion also point to continued momentum beyond data centers.

Nan Fung Trinity HK Ltd. lifted its holdings in shares of NVIDIA Corporation (NASDAQ:NVDA - Free Report) by 18.7% during the fourth quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The firm owned 194,640 shares of the computer hardware maker's stock after purchasing an additional 30,600 shares during the period. NVIDIA comprises approximately 2.9% of Nan Fung Trinity HK Ltd.'s investment portfolio, making the stock its 5th largest holding. Nan Fung Trinity HK Ltd.'s holdings in NVIDIA were worth $36,300,000 as of its most recent SEC filing.

A number of other hedge funds also recently made changes to their positions in NVDA. Brighton Jones LLC raised its stake in shares of NVIDIA by 12.4% during the 4th 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 period. Bank Pictet & Cie Europe AG raised its stake in shares of 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 worth $315,100,000 after purchasing an additional 22,929 shares during the period. Highview Capital Management LLC DE raised its stake in shares of NVIDIA by 6.7% during the 4th quarter. Highview Capital Management LLC DE now owns 58,396 shares of the computer hardware maker's stock worth $7,842,000 after purchasing an additional 3,653 shares during the period. Hudson Value Partners LLC raised its stake in shares of NVIDIA by 30.7% during the 4th quarter. Hudson Value Partners LLC now owns 50,658 shares of the computer hardware maker's stock worth $6,805,000 after purchasing an additional 11,900 shares during the period. Finally, Wealth Group Ltd. increased its holdings 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 during the last quarter. 65.27% of the stock is currently owned by institutional investors.

NVIDIA News Summary

Here are the key news stories impacting NVIDIA this week:

• Positive Sentiment: NVIDIA unveiled its RTX Spark PC superchip and a broader push into AI PCs with partners like Microsoft, Dell, HP, and Lenovo, opening a new market beyond data centers and pressuring Intel, AMD, and Qualcomm. Nvidia's new chip to power fresh line of Windows laptops by Dell, HP
• Positive Sentiment: The company also launched Vera Rubin, Vera CPU, and the DSX AI-factory platform, signaling stronger long-term demand for its chips, networking, software, and infrastructure tools. NVIDIA Vera Rubin ramps into full production
• Positive Sentiment: CEO Jensen Huang’s comments boosted the AI ecosystem around NVIDIA, with Marvell, Arm, and several infrastructure partners rallying on his endorsements and product roadmap. Nvidia's Jensen Huang says Marvell could be the next trillion-dollar company
• Positive Sentiment: Needham reaffirmed a Buy rating and raised its price target to $270, adding to a generally bullish analyst backdrop for NVDA. Benzinga report on Needham rating
• Neutral Sentiment: Some articles noted that NVDA has been consolidating near highs and that a near-term pullback is possible after the recent run, even though the longer-term thesis remains intact.
• Negative Sentiment: There were also reminders of risks, including U.S.-China export scrutiny, Chinese efforts to build alternatives, and reports of insider selling, which could temper enthusiasm around the stock.

Analyst Ratings Changes

Several equities research analysts recently weighed in on the company. Wells Fargo & Company reissued an "overweight" rating and issued a $315.00 price objective (up from $265.00) on shares of NVIDIA in a report on Tuesday, May 12th. UBS Group lifted their price objective on NVIDIA from $275.00 to $280.00 and gave the stock a "buy" rating in a report on Thursday, May 21st. Citic Securities lifted their price objective on NVIDIA from $242.00 to $315.00 and gave the stock a "buy" rating in a report on Friday, May 22nd. HSBC reissued a "buy" rating and issued a $325.00 price objective (up from $295.00) on shares of NVIDIA in a report on Tuesday, May 19th. Finally, KeyCorp set a $310.00 price objective on NVIDIA and gave the stock an "overweight" rating in a report on Thursday, May 21st. Three research 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. According to data from MarketBeat, the stock has a consensus rating of "Buy" and a consensus target price of $305.38.

Insider Activity

In other news, Director Aarti S. Shah sold 19,000 shares of NVIDIA stock in a transaction dated Thursday, March 19th. The stock was sold at an average price of $176.71, for a total transaction of $3,357,490.00. Following the completion of the sale, the director owned 36,007 shares in the company, valued at approximately $6,362,796.97. This trade represents a 34.54% decrease in their position. The sale was disclosed in a legal filing with the SEC, which can be accessed through this link. Also, EVP Ajay K. Puri sold 300,000 shares of the business's stock in a transaction that occurred on Wednesday, March 18th. The stock was 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 owned 3,018,547 shares of the company's stock, valued at $550,130,190.75. The trade was a 9.04% decrease in their position. The SEC filing for this sale provides additional information. In the last quarter, insiders have sold 906,961 shares of company stock worth $162,936,268. Company insiders own 3.94% of the company's stock.

NVIDIA Stock Performance

Shares of NVDA opened at $222.82 on Wednesday. The company has a market cap of $5.39 trillion, a PE ratio of 34.12, 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. The stock has a 50-day moving average price of $200.19 and a 200-day moving average price of $189.85. NVIDIA Corporation has a 12-month low of $137.95 and a 12-month high of $236.54.

NVIDIA (NASDAQ:NVDA - Get Free Report) last issued its quarterly earnings results on Wednesday, May 20th. The computer hardware maker reported $1.87 earnings per share (EPS) for the quarter, beating analysts' consensus estimates of $1.76 by $0.11. The firm had revenue of $81.62 billion during the quarter, compared to the consensus estimate of $78.42 billion. NVIDIA had a return on equity of 96.94% and a net margin of 62.97%.The company's revenue for the quarter was up 85.2% on a year-over-year basis. During the same quarter last year, the company posted $0.81 EPS. As a group, equities analysts forecast that NVIDIA Corporation will post 8.04 earnings per share for the current fiscal 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 given a dividend of $0.25 per share. This is a boost from NVIDIA's previous quarterly dividend of $0.01. The ex-dividend date is Thursday, June 4th. This represents a $1.00 dividend on an annualized basis and a dividend yield of 0.4%. NVIDIA's dividend payout ratio is 0.61%.

NVIDIA announced that its board has authorized a share buyback program on Wednesday, May 20th that permits the company to repurchase $80.00 billion in shares. This repurchase authorization permits the computer hardware maker to buy up to 1.5% of its stock through open market purchases. Stock repurchase programs are generally a sign that the company's board of directors 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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