NVIDIA Corporation $NVDA is Brighton Jones LLC's 4th Largest Position

Key Points

• Brighton Jones LLC boosted its NVIDIA stake by 27.1% in Q1, buying 147,477 shares to bring its total to 691,406 shares worth about $120.6 million. NVIDIA is now the firm’s 4th-largest position and makes up roughly 5.1% of its portfolio.
• NVIDIA reported strong quarterly results, with EPS of $1.87 topping expectations and revenue of $81.61 billion, up 85.2% year over year. The company also announced an $80 billion share repurchase plan and raised its quarterly dividend to $0.25 from $0.01.
• Sentiment around the stock remains bullish, with analysts maintaining buy ratings and a consensus price target near $304. At the same time, investors are watching China-related trade and compliance risks, which could limit near-term upside.

Brighton Jones LLC lifted its position in shares of NVIDIA Corporation (NASDAQ:NVDA - Free Report) by 27.1% in the first quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The fund owned 691,406 shares of the computer hardware maker's stock after buying an additional 147,477 shares during the period. NVIDIA makes up approximately 5.1% of Brighton Jones LLC's portfolio, making the stock its 4th largest position. Brighton Jones LLC's holdings in NVIDIA were worth $120,582,000 at the end of the most recent quarter.

A number of other large investors have also recently added to or reduced their stakes in NVDA. Presidio Capital Management LLC grew its holdings in shares of NVIDIA by 0.4% during the 4th quarter. Presidio Capital Management LLC now owns 15,137 shares of the computer hardware maker's stock worth $2,823,000 after purchasing an additional 53 shares during the period. LMG Wealth Partners LLC raised its holdings in NVIDIA by 0.7% in the 4th quarter. LMG Wealth Partners LLC now owns 7,649 shares of the computer hardware maker's stock valued at $1,427,000 after buying an additional 53 shares during the period. Vision Financial Markets LLC lifted its position in NVIDIA by 1.2% in the third quarter. Vision Financial Markets LLC now owns 4,640 shares of the computer hardware maker's stock valued at $866,000 after buying an additional 53 shares during the last quarter. Great Oak Capital Partners LLC lifted its position in NVIDIA by 3.8% in the fourth quarter. Great Oak Capital Partners LLC now owns 1,508 shares of the computer hardware maker's stock valued at $285,000 after buying an additional 55 shares during the last quarter. Finally, JGP Global Gestao de Recursos Ltda. boosted its stake in NVIDIA by 2.3% during the fourth quarter. JGP Global Gestao de Recursos Ltda. now owns 2,402 shares of the computer hardware maker's stock worth $448,000 after buying an additional 55 shares during the period. 65.27% of the stock is currently owned by institutional investors and hedge funds.

NVIDIA Trading Up 4.1%

Shares of NVIDIA stock opened at $211.80 on Wednesday. NVIDIA Corporation has a 52-week low of $164.07 and a 52-week high of $236.54. 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 company's 50-day simple moving average is $209.87 and its 200-day simple moving average is $194.76. The firm has a market cap of $5.13 trillion, a price-to-earnings ratio of 32.43, a price-to-earnings-growth ratio of 0.45 and a beta of 2.21.

NVIDIA (NASDAQ:NVDA - Get Free Report) last announced its quarterly earnings data 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 firm had revenue of $81.61 billion during the quarter, compared to the consensus estimate of $78.42 billion. During the same quarter last year, the firm earned $0.81 earnings per share. The firm's revenue was up 85.2% compared to the same quarter last year. As a group, equities research analysts anticipate that NVIDIA Corporation will post 8.8 earnings per share for the current year.

NVIDIA announced that its Board of Directors has approved a stock buyback plan on Wednesday, May 20th that authorizes the company to repurchase $80.00 billion in shares. This repurchase authorization authorizes the computer hardware maker to reacquire up to 1.5% of its stock through open market purchases. Stock repurchase plans are usually a sign that the company's leadership believes its shares are undervalued.

NVIDIA Increases Dividend

The firm also recently declared a quarterly dividend, which was paid on Friday, June 26th. Stockholders of record on Thursday, June 4th were issued a $0.25 dividend. The ex-dividend date of this dividend was 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 15.31%.

Insider Activity

In related news, Director Stephen C. Neal sold 15,500 shares of NVIDIA stock in a transaction that occurred on Wednesday, June 3rd. The stock was sold at an average price of $215.73, for a total value of $3,343,815.00. Following the sale, the director directly owned 116,135 shares in the company, valued at $25,053,803.55. The trade was a 11.77% decrease in their ownership of the stock. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is available through this link. Also, Director John Dabiri sold 625 shares of the company's stock in a transaction on Wednesday, May 27th. The stock was sold at an average price of $214.00, for a total value of $133,750.00. Following the transaction, the director directly owned 14,163 shares in the company, valued at $3,030,882. This represents a 4.23% decrease in their position. The disclosure for this sale is available in the SEC filing. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Insiders sold 1,901,125 shares of company stock valued at $410,583,015 in the last three months. 3.94% of the stock is currently owned by company insiders.

Key NVIDIA News

Here are the key news stories impacting NVIDIA this week:

• Positive Sentiment: KeyBanc raised its price target on NVIDIA to $330 from $310 and kept an Overweight rating, reinforcing the bullish view that earnings and AI demand remain strong. What Is Going on With NVIDIA Stock on Tuesday?
• Positive Sentiment: Wall Street commentary continues to highlight NVIDIA as a core beneficiary of the AI buildout, with analysts pointing to expanding partnerships, data center demand, and strong long-term growth prospects. NVIDIA's AI Partnerships Expand: Can This Keep NVDA Ahead of Rivals?
• Positive Sentiment: Reports that China may allow a limited number of top AI firms to buy NVIDIA H200 chips suggest a possible, though still constrained, reopening of a key market. US official says shipments of H200 chips to China have begun
• Positive Sentiment: Broader market tone also helped, as chipmakers led the Nasdaq higher and investors favored hardware names over software stocks. S&P 500, Nasdaq End Higher On Support From Chipmakers, Cybersecurity Stocks And Soft Inflation Data — NVDA, GS, SKHY, VZ, LCID In Focus
• Neutral Sentiment: Several articles frame NVIDIA as still the dominant AI chip leader, but note that expectations are already very high and that the stock may need continued execution to justify further upside. Nvidia’s China Comeback Finally Begins — But Here’s Why Investors Should Keep Expectations in Check
• Neutral Sentiment: At the same time, there are reminders that the China recovery is still limited and that supply, regulation, and competition could keep the upside from being linear. U.S. trade official says 'very few' Nvidia H200 AI chips have been shipped to China
• Negative Sentiment: Recent coverage also points to ongoing risks from U.S.-China trade controls and tighter compliance rules, which could limit how much NVIDIA benefits from China in the near term. Nvidia halves Asia buyer list in China chip crackdown, FT reports

Wall Street Analysts Forecast Growth

NVDA has been the subject of a number of recent analyst reports. Stifel Nicolaus set a $282.00 price target on shares of NVIDIA and gave the company a "buy" rating in a research report on Thursday, May 21st. Susquehanna reaffirmed a "positive" rating and set a $275.00 price objective (up from $250.00) on shares of NVIDIA in a research report on Tuesday, May 12th. Craig Hallum lifted their target price on shares of NVIDIA from $245.00 to $275.00 and gave the company a "buy" rating in a report on Thursday, May 21st. Itau BBA Securities cut their target price on NVIDIA from $256.00 to $218.00 in a research report on Wednesday, June 24th. Finally, Bank of America restated a "buy" rating and set a $350.00 price target (up from $320.00) on shares of NVIDIA in a research report on Thursday, May 21st. Two equities research analysts have rated the stock with a Strong Buy rating, forty-eight have issued a Buy rating and three have given a Hold rating to the company. According to MarketBeat.com, the company currently has a consensus rating of "Moderate Buy" and a consensus target price of $304.26.

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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