NVIDIA Corporation $NVDA is BI Asset Management Fondsmaeglerselskab A S's Largest Position

Key Points

• BI Asset Management boosted its NVIDIA stake by 4.3% in the first quarter, making NVDA its largest holding at 8.9% of assets, worth about $851.1 million.
• NVIDIA reported another strong quarter, beating estimates with EPS of $1.87 on revenue of $81.61 billion, as revenue jumped 85.2% year over year.
• The company also announced a new $80 billion share buyback and raised its quarterly dividend to $0.25 per share, signaling confidence in its cash generation and shareholder returns.

BI Asset Management Fondsmaeglerselskab A S increased its stake in shares of NVIDIA Corporation (NASDAQ:NVDA - Free Report) by 4.3% in the 1st quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The fund owned 4,945,120 shares of the computer hardware maker's stock after purchasing an additional 204,455 shares during the period. NVIDIA accounts for about 8.9% of BI Asset Management Fondsmaeglerselskab A S's holdings, making the stock its biggest position. BI Asset Management Fondsmaeglerselskab A S's holdings in NVIDIA were worth $851,085,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

Other institutional investors and hedge funds have also recently bought and sold shares of the company. Presidio Capital Management LLC boosted its stake in shares of NVIDIA by 0.4% during the fourth quarter. Presidio Capital Management LLC now owns 15,137 shares of the computer hardware maker's stock valued at $2,823,000 after acquiring an additional 53 shares during the last quarter. LMG Wealth Partners LLC increased its position in NVIDIA by 0.7% during the 4th quarter. LMG Wealth Partners LLC now owns 7,649 shares of the computer hardware maker's stock worth $1,427,000 after purchasing an additional 53 shares in the last quarter. Vision Financial Markets LLC raised its stake in NVIDIA by 1.2% in the 3rd quarter. Vision Financial Markets LLC now owns 4,640 shares of the computer hardware maker's stock valued at $866,000 after purchasing an additional 53 shares during the last quarter. IMG Wealth Management Inc. lifted its holdings in NVIDIA by 1.4% in the 3rd quarter. IMG Wealth Management Inc. now owns 3,820 shares of the computer hardware maker's stock valued at $713,000 after purchasing an additional 54 shares in the last quarter. Finally, Cyr Financial Inc. lifted its stake in shares of NVIDIA by 0.7% during the third quarter. Cyr Financial Inc. now owns 7,737 shares of the computer hardware maker's stock valued at $1,444,000 after buying an additional 54 shares during the period. Hedge funds and other institutional investors own 65.27% of the company's stock.

NVIDIA Stock Down 0.9%

Shares of NASDAQ NVDA opened at $198.32 on Thursday. NVIDIA Corporation has a 52-week low of $149.26 and a 52-week high of $236.54. The firm has a fifty day moving average of $210.80 and a 200-day moving average of $192.91. The stock has a market capitalization of $4.80 trillion, a PE ratio of 30.37, a P/E/G ratio of 0.45 and a beta of 2.22. The company has a quick ratio of 2.85, a current ratio of 3.44 and a debt-to-equity ratio of 0.04.

NVIDIA (NASDAQ:NVDA - Get Free Report) last issued its earnings results on Wednesday, May 20th. The computer hardware maker reported $1.87 earnings per share for the quarter, topping the consensus estimate of $1.76 by $0.11. The business had revenue of $81.61 billion for 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%.The business's quarterly revenue was up 85.2% on a year-over-year basis. During the same period last year, the company posted $0.81 EPS. On average, analysts anticipate that NVIDIA Corporation will post 8.69 EPS for the current year.

NVIDIA Increases Dividend

The company also recently disclosed a quarterly dividend, which will be paid on Friday, June 26th. Stockholders of record on Thursday, June 4th will be paid 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 dividend payout ratio is presently 15.31%.

NVIDIA declared that its Board of Directors has approved a share buyback plan on Wednesday, May 20th that allows the company to repurchase $80.00 billion in outstanding shares. This repurchase authorization allows the computer hardware maker to reacquire up to 1.5% of its shares through open market purchases. Shares repurchase plans are often an indication that the company's management believes its stock is undervalued.

Wall Street Analyst Weigh In

NVDA has been the subject of several recent analyst reports. KeyCorp set a $310.00 target price on shares of NVIDIA and gave the stock an "overweight" rating in a research note on Thursday, May 21st. Fundamental Research set a $218.00 price objective on NVIDIA in a research report on Thursday, February 26th. Weiss Ratings reiterated a "buy (b)" rating on shares of NVIDIA in a research note on Friday, April 10th. President Capital upped their target price on NVIDIA from $280.00 to $295.00 and gave the company a "buy" rating in a research note on Thursday, May 21st. Finally, China Renaissance began coverage on NVIDIA in a research report on Friday, June 5th. They set a "buy" rating and a $319.00 target price on the stock. Three equities research analysts have rated the stock with a Strong Buy rating, forty-eight have assigned a Buy rating and three have issued a Hold rating to the stock. Based on data from MarketBeat, NVIDIA presently has an average rating of "Buy" and an average price target of $305.67.

NVIDIA News Roundup

Here are the key news stories impacting NVIDIA this week:

• Positive Sentiment: NVIDIA continues to expand its AI ecosystem, including new BioNeMo and agentic AI tools for life sciences, which supports the long-term growth story. Nvidia launches BioNeMo agent toolkit for AI-driven life sciences research
• Positive Sentiment: Wall Street commentary remains constructive, with several analysts still calling NVDA a must-own AI leader despite the recent tech sell-off. NVIDIA (NVDA) Remains a Must-Own for Bernstein Despite Tech Sell-Off
• Neutral Sentiment: The latest earnings report was strong, with NVIDIA beating EPS and revenue estimates and posting very rapid year-over-year growth, providing a solid fundamental backdrop.
• Negative Sentiment: AI spending concerns and a memory-chip selloff are weighing on the entire semiconductor group, pressuring NVIDIA as investors question the pace of future demand. Lam Research, Qualcomm, and Western Digital Stocks Trade Down, What You Need To Know
• Negative Sentiment: Reuters reported that NVIDIA was sued by music company Jamendo over AI training, adding legal uncertainty and headline risk. Nvidia sued by music company Jamendo over AI training

Insider Transactions at NVIDIA

In related news, Director Mark A. Stevens sold 885,000 shares of the firm's stock in a transaction that occurred on Thursday, June 18th. The shares were sold at an average price of $210.17, for a total value of $186,000,450.00. Following the transaction, the director owned 5,207,271 shares in the company, valued at approximately $1,094,412,146.07. This trade represents a 14.53% decrease in their ownership of the stock. The transaction was disclosed in a filing with the SEC, which is accessible through the SEC website. Also, Director Stephen C. Neal sold 15,500 shares of NVIDIA stock in a transaction that occurred on Wednesday, June 3rd. The shares were sold at an average price of $215.73, for a total transaction of $3,343,815.00. Following the transaction, the director directly owned 116,135 shares in the company, valued at approximately $25,053,803.55. This trade represents a 11.77% decrease in their ownership of the stock. The SEC filing for this sale provides additional information. In the last quarter, insiders sold 1,901,125 shares of company stock worth $410,583,015. 3.94% of the stock is currently owned by company insiders.

NVIDIA 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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