NVIDIA Corporation $NVDA is E Fund Management Hong Kong Co. Ltd.'s 4th Largest Position

Key Points

• E Fund Management Hong Kong increased its NVIDIA stake by 42.1% in Q4, making NVIDIA its 4th-largest holding and 4.6% of the portfolio, valued at about $10.9 million.
• Wall Street remains bullish on NVIDIA, with analysts giving it an average Buy rating and an average price target of $305.38, while several firms set targets as high as $400.
• NVIDIA continues to post strong fundamentals and shareholder returns: it beat quarterly earnings and revenue estimates, raised its dividend to $0.25 per share, and authorized an $80 billion buyback.

E Fund Management Hong Kong Co. Ltd. raised its position in shares of NVIDIA Corporation (NASDAQ:NVDA - Free Report) by 42.1% in the fourth quarter, according to its most recent disclosure with the Securities and Exchange Commission. The institutional investor owned 58,657 shares of the computer hardware maker's stock after buying an additional 17,382 shares during the quarter. NVIDIA accounts for 4.6% of E Fund Management Hong Kong Co. Ltd.'s portfolio, making the stock its 4th largest position. E Fund Management Hong Kong Co. Ltd.'s holdings in NVIDIA were worth $10,887,000 as of its most recent filing with the Securities and Exchange Commission.

Other hedge funds also recently bought and sold shares of the company. Longfellow Investment Management Co. LLC lifted its stake in NVIDIA by 47.9% during the second quarter. Longfellow Investment Management Co. LLC now owns 207 shares of the computer hardware maker's stock valued at $33,000 after buying an additional 67 shares in the last quarter. Spurstone Advisory Services LLC purchased a new stake in NVIDIA during the second quarter valued at about $40,000. Syntax Research Inc. lifted its stake in 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 buying an additional 100 shares in the last quarter. Sellwood Investment Partners LLC purchased a new stake in NVIDIA during the third quarter valued at about $50,000. Finally, Networth Advisors LLC purchased a new stake in NVIDIA during the fourth quarter valued at about $51,000. 65.27% of the stock is owned by hedge funds and other institutional investors.

Wall Street Analysts Forecast Growth

A number of analysts have commented on NVDA shares. Melius Research set a $400.00 price objective on shares of NVIDIA in a research note on Thursday, May 21st. Rosenblatt Securities reaffirmed a "buy" rating and set a $325.00 price objective on shares of NVIDIA in a research note on Thursday, May 21st. Piper Sandler reaffirmed an "overweight" rating on shares of NVIDIA in a research note on Thursday, February 26th. Needham & Company LLC reiterated a "buy" rating and issued a $270.00 target price on shares of NVIDIA in a report on Tuesday. Finally, Itau BBA Securities reiterated a "market perform" rating on shares of NVIDIA in a report on Thursday, February 26th. Three research analysts have rated the stock with a Strong Buy rating, forty-seven have issued a Buy rating and three have given a Hold rating to the company. Based on data from MarketBeat.com, the stock currently has an average rating of "Buy" and an average price target of $305.38.

Key NVIDIA News

Here are the key news stories impacting NVIDIA this week:

• Positive Sentiment: Several articles highlighted fresh AI infrastructure wins tied to NVIDIA, including South Korea’s LG Group reportedly planning to adopt 10,000 NVIDIA GPUs, plus new partnerships with companies such as Corning, EXL, Lightmatter, Ayar Labs, and Netris that deepen NVIDIA’s ecosystem around AI data centers and networking.
• Positive Sentiment: Analysts and commentators remained bullish on NVIDIA’s long-term setup, pointing to Blackwell, AI inference, CUDA, and the company’s expanding push into AI PCs and enterprise AI as reasons the growth story still looks intact.
• Positive Sentiment: Jensen Huang’s comments at Computex and in media interviews reinforced confidence that AI infrastructure spending is still accelerating, with NVIDIA positioned at the center of that spending cycle.
• Neutral Sentiment: NVIDIA also made headlines for product and strategic moves, including the DSX platform for AI factory design, a reported $400 million acquisition of AI software startup Kumo, and a new AI chip for PCs, all of which expand the company’s addressable market but do not immediately change near-term financial results.
• Neutral Sentiment: Broad market sentiment has been mixed: semiconductor stocks sold off after Broadcom’s earnings and some investors rotated within AI hardware, which helps explain why NVIDIA has shown relative resilience rather than an outright surge.
• Negative Sentiment: Regulatory and political scrutiny remains a risk, as Senator Elizabeth Warren invited Jensen Huang to testify at a Senate hearing on China AI chip sales and U.S. export controls, keeping pressure on NVIDIA’s China exposure.

NVIDIA Price Performance

Shares of NVDA opened at $218.66 on Friday. The company has a market capitalization of $5.29 trillion, a price-to-earnings ratio of 33.49, a P/E/G ratio of 0.52 and a beta of 2.22. NVIDIA Corporation has a fifty-two week low of $138.83 and a fifty-two week high of $236.54. The company has a debt-to-equity ratio of 0.04, a current ratio of 3.44 and a quick ratio of 2.85. The business's 50-day moving average is $202.84 and its 200-day moving average is $190.45.

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, beating 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 company had revenue of $81.62 billion for the quarter, compared to the consensus estimate of $78.42 billion. During the same quarter in the prior year, the company earned $0.81 EPS. The firm's quarterly revenue was up 85.2% on a year-over-year basis. Equities research analysts expect that NVIDIA Corporation will post 8.04 EPS for the current fiscal year.

NVIDIA Increases Dividend

The firm also recently disclosed 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 boost from NVIDIA's previous quarterly dividend of $0.01. This represents a $1.00 annualized dividend and a yield of 0.5%. NVIDIA's payout ratio is 0.61%.

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

Insider Activity

In related news, CFO Colette Kress sold 42,650 shares of the firm's stock in a transaction that occurred on Friday, March 20th. The shares were sold at an average price of $174.89, for a total transaction of $7,459,058.50. Following the transaction, the chief financial officer owned 881,387 shares of the company's stock, valued at approximately $154,145,772.43. This trade represents a 4.62% decrease in their ownership of the stock. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which is available through the SEC website. Also, EVP Ajay K. Puri sold 300,000 shares of the firm's stock in a transaction that occurred on Wednesday, March 18th. The shares were sold at an average price of $182.25, for a total transaction of $54,675,000.00. Following the transaction, the executive vice president directly owned 3,018,547 shares in the company, valued at approximately $550,130,190.75. The trade was a 9.04% decrease in their position. The disclosure for this sale is available in the SEC filing. In the last 90 days, insiders have sold 1,906,961 shares of company stock valued at $384,041,268. 3.94% of the stock is currently owned by company insiders.

NVIDIA Company 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.

This instant news alert was generated by narrative science technology and financial data from MarketBeat in order to provide readers with the fastest reporting and unbiased coverage. Please send any questions or comments about this story to contact@marketbeat.com.