NVIDIA Corporation $NVDA is Assenagon Asset Management S.A.'s Largest Position

Key Points

• Assenagon Asset Management increased its NVIDIA stake by 28.6% in the second quarter, making NVIDIA its largest holding at 6.6% of the portfolio and worth approximately $5.27 billion.
• Analyst sentiment remains strongly positive, with a consensus “Buy” rating and a $305.94 price target; NVIDIA also reported quarterly revenue growth of 85.2% year over year and beat earnings expectations.
• Insiders sold approximately $410.6 million of NVIDIA shares over the past 90 days, while the company raised its dividend and authorized an $80 billion share buyback.

Assenagon Asset Management S.A. increased its holdings in shares of NVIDIA Corporation (NASDAQ:NVDA - Free Report) by 28.6% during the 2nd quarter, according to the company in its most recent 13F filing with the Securities & Exchange Commission. The firm owned 26,337,224 shares of the computer hardware maker's stock after buying an additional 5,850,506 shares during the period. NVIDIA comprises 6.6% of Assenagon Asset Management S.A.'s investment portfolio, making the stock its largest holding. Assenagon Asset Management S.A. owned approximately 0.11% of NVIDIA worth $5,269,815,000 as of its most recent SEC filing.

Several other hedge funds and other institutional investors also recently added to or reduced their stakes in the business. St. Louis Financial Planners Asset Management LLC purchased a new position in NVIDIA in the second quarter valued at $3,184,000. 55 North Private Wealth LLC boosted its stake in shares of NVIDIA by 14.4% in the 2nd quarter. 55 North Private Wealth LLC now owns 37,987 shares of the computer hardware maker's stock valued at $7,601,000 after buying an additional 4,788 shares during the period. Stonehearth Capital Management LLC grew its position in shares of NVIDIA by 11.0% during the second quarter. Stonehearth Capital Management LLC now owns 2,017 shares of the computer hardware maker's stock worth $404,000 after buying an additional 200 shares in the last quarter. Evanson Financial LLC purchased a new stake in shares of NVIDIA during the second quarter worth approximately $9,408,000. Finally, IMZ Advisory Inc raised its holdings in NVIDIA by 0.4% in the second quarter. IMZ Advisory Inc now owns 18,066 shares of the computer hardware maker's stock valued at $3,615,000 after acquiring an additional 66 shares in the last quarter. Hedge funds and other institutional investors own 65.27% of the company's stock.

Analyst Upgrades and Downgrades

A number of brokerages have commented on NVDA. Wells Fargo & Company reissued an "overweight" rating and issued a $315.00 price objective on shares of NVIDIA in a research report on Tuesday, August 11th. Weiss Ratings reissued a "buy (b)" rating on shares of NVIDIA in a report on Wednesday, July 8th. Mizuho set a $300.00 price target on NVIDIA in a research note on Thursday, May 21st. Needham & Company LLC reaffirmed a "buy" rating and set a $270.00 price target on shares of NVIDIA in a report on Tuesday, June 2nd. Finally, UBS Group reiterated a "buy" rating on shares of NVIDIA in a report on Friday. Three analysts have rated the stock with a Strong Buy rating, forty-eight have given a Buy rating and two have given a Hold rating to the company's stock. Based on data from MarketBeat, NVIDIA presently has a consensus rating of "Buy" and a consensus target price of $305.94.

Insider Activity

In related news, Director John Dabiri sold 625 shares of the company's stock in a transaction on 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 sale, the director owned 14,163 shares in the company, valued at $3,030,882. This represents a 4.23% decrease in their position. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is available 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 on Thursday, June 18th. The stock was 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 approximately $1,094,412,146.07. This represents a 14.53% decrease in their position. The disclosure for this sale is available in the SEC filing. Insiders have sold 1,901,125 shares of company stock valued at $410,583,015 in the last ninety days. 3.94% of the stock is currently owned by company insiders.

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

NVIDIA Price Performance

NVIDIA stock opened at $225.16 on Monday. The company 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. The company has a debt-to-equity ratio of 0.04, a quick ratio of 2.85 and a current ratio of 3.44. NVIDIA Corporation has a fifty-two week low of $164.07 and a fifty-two week high of $236.54. The stock has a 50-day simple moving average of $206.14 and a 200-day simple moving average of $198.60.

NVIDIA (NASDAQ:NVDA - Get Free Report) last released its quarterly earnings results on Wednesday, May 20th. The computer hardware maker reported $1.87 earnings per share (EPS) for the quarter, topping analysts' consensus estimates of $1.76 by $0.11. NVIDIA had a return on equity of 96.94% and a net margin of 62.97%.The firm had revenue of $81.61 billion for the quarter, compared to the consensus estimate of $78.42 billion. During the same quarter last year, the business posted $0.81 EPS. The firm's quarterly revenue was up 85.2% compared to the same quarter last year. Equities research analysts expect that NVIDIA Corporation will post 8.79 earnings per share for the current year.

NVIDIA Increases Dividend

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

NVIDIA declared that its board has initiated a share buyback program on Wednesday, May 20th that authorizes the company to buyback $80.00 billion in outstanding shares. This buyback authorization authorizes the computer hardware maker to buy up to 1.5% of its shares through open market purchases. Shares buyback programs are typically an indication that the company's leadership 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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