NVIDIA Corporation $NVDA is MassMutual Private Wealth & Trust FSB's 2nd Largest Position

Key Points

• MassMutual Private Wealth & Trust FSB remains heavily invested in NVIDIA, holding 920,098 shares worth approximately $184.1 million after trimming its stake by 6.6% in the second quarter. NVIDIA represents 4.8% of the firm’s portfolio and is its second-largest position.
• Analysts remain broadly bullish: NVIDIA has a consensus “Buy” rating and an average price target of $305.94, with several firms recently raising their targets.
• NVIDIA exceeded quarterly earnings and revenue expectations, reporting $1.87 in EPS and $81.61 billion in revenue, while approving an $80 billion share-repurchase program and increasing its quarterly dividend to $0.25 per share.

MassMutual Private Wealth & Trust FSB trimmed its stake in shares of NVIDIA Corporation (NASDAQ:NVDA - Free Report) by 6.6% during the 2nd quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The firm owned 920,098 shares of the computer hardware maker's stock after selling 65,285 shares during the period. NVIDIA comprises 4.8% of MassMutual Private Wealth & Trust FSB's holdings, making the stock its 2nd largest position. MassMutual Private Wealth & Trust FSB's holdings in NVIDIA were worth $184,102,000 as of its most recent filing with the Securities & Exchange Commission.

Several other institutional investors also recently bought and sold shares of the stock. Lifetime Wealth Management P.C. acquired a new position in shares of NVIDIA in the 4th quarter valued at $26,000. Longview Financial Advisors Inc. purchased a new position in NVIDIA in the first quarter valued at $27,000. Longfellow Investment Management Co. LLC increased its holdings in NVIDIA by 47.9% in 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. Phillip James Consulting Co. acquired a new position in shares of NVIDIA in the first quarter worth about $40,000. Finally, Inspire Investing LLC purchased a new stake in shares of NVIDIA during the 4th quarter worth about $44,000. 65.27% of the stock is currently owned by hedge funds and other institutional investors.

Insiders Place Their Bets

In other news, Director Stephen C. Neal sold 15,500 shares of the firm's stock in a transaction dated Wednesday, June 3rd. The shares were sold at an average price of $215.73, for a total value of $3,343,815.00. Following the transaction, the director directly owned 116,135 shares of the company's stock, valued at approximately $25,053,803.55. This trade represents a 11.77% decrease in their ownership of the stock. The transaction was disclosed in a filing with the SEC, which is available at this link. Also, Director Mark A. Stevens sold 885,000 shares of the business's stock in a transaction dated 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 transaction, the director owned 5,207,271 shares in the company, valued at $1,094,412,146.07. The trade was a 14.53% decrease in their ownership of the stock. Additional details regarding this sale are available in the official SEC disclosure. Insiders have sold a total of 1,901,125 shares of company stock valued at $410,583,015 in the last 90 days. 3.94% of the stock is owned by insiders.

Analyst Upgrades and Downgrades

NVDA has been the subject of several recent analyst reports. Weiss Ratings restated a "buy (b)" rating on shares of NVIDIA in a research note on Wednesday, July 8th. Bank of America reiterated 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. BNP Paribas Exane raised their price objective on NVIDIA from $270.00 to $285.00 and gave the company an "outperform" rating in a report on Thursday, May 21st. Royal Bank Of Canada set a $280.00 price objective on NVIDIA in a research report on Thursday, May 21st. Finally, UBS Group increased their target price on NVIDIA from $275.00 to $280.00 and gave the company a "buy" rating in a research report on Thursday, May 21st. Three analysts have rated the stock with a Strong Buy rating, forty-eight have issued a Buy rating and two have assigned a Hold rating to the stock. According to data from MarketBeat, NVIDIA presently has a consensus rating of "Buy" and a consensus target price of $305.94.

NVIDIA Trading Up 0.5%

NVDA stock opened at $225.30 on Friday. The business's 50-day moving average is $205.74 and its 200 day moving average is $198.32. NVIDIA Corporation has a 12-month low of $164.07 and a 12-month high of $236.54. The stock has a market cap of $5.45 trillion, a price-to-earnings ratio of 34.50, a PEG ratio of 0.44 and a beta of 2.23. The company has a current ratio of 3.44, a quick ratio of 2.85 and a debt-to-equity ratio of 0.04.

NVIDIA (NASDAQ:NVDA - Get Free Report) last released its earnings results on Wednesday, May 20th. The computer hardware maker reported $1.87 earnings per share for the quarter, beating the consensus estimate of $1.76 by $0.11. NVIDIA had a return on equity of 96.94% and a net margin of 62.97%.The business 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 earnings per share. The business's quarterly revenue was up 85.2% compared to the same quarter last year. On average, sell-side analysts anticipate that NVIDIA Corporation will post 8.79 EPS for the current fiscal year.

NVIDIA declared that its Board of Directors has approved 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 reacquire up to 1.5% of its stock through open market purchases. Stock buyback programs are typically an indication that the company's board believes its stock is undervalued.

NVIDIA Increases Dividend

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

NVIDIA News Summary

Here are the key news stories impacting NVIDIA this week:

• Positive Sentiment: $500 billion AI financing initiative: NVIDIA’s agreement with major financial firms—including Apollo, BlackRock, Blackstone, Brookfield, Goldman Sachs and KKR—could reduce funding barriers for data-center construction and stimulate demand for NVIDIA GPUs, networking products and software. Bank of America said the plan helps ease financing risk. NVIDIA's $500B Funding Push: Can It Unlock More Revenue Growth?
• Positive Sentiment: Demand remains broad and durable: CoreWeave reportedly continues renting older A100 GPUs through 2029 at full pricing, challenging fears of rapid hardware obsolescence. NVIDIA also added seven Japanese industrial companies to its physical-AI coalition, potentially expanding long-term demand in robotics and manufacturing. This 2020 Nvidia chip is still going strong
• Positive Sentiment: Analyst and institutional support: Bank of America identified NVIDIA and AMD as leading beneficiaries of the expanding AI chip market, while Wells Fargo reiterated an Overweight rating. Cathie Wood’s Ark Invest also purchased approximately $59.9 million of NVIDIA shares before earnings. BofA picks AMD and Nvidia as AI chip winners
• Neutral Sentiment: Earnings are the next major catalyst: Investors are watching the price level highlighted by Bank of America and whether NVIDIA can extend its recent momentum. Consensus expectations call for another substantial revenue increase, raising the importance of guidance on Blackwell, Vera Rubin, networking and customer diversification. BofA Says This Nvidia Price Level Is the One to Watch Before Earnings
• Negative Sentiment: Financing and valuation concerns persist: Critics, including Michael Burry, argue that NVIDIA’s investments, customer funding and GPU sales may create a circular-financing web. The stock’s very large market capitalization leaves little room for execution or demand disappointments. Nvidia is trying to quiet circular financing accusations
• Negative Sentiment: Geopolitical and customer risks: CEO Jensen Huang warned that China shifting AI workloads toward Huawei hardware could weaken U.S. chip dominance. Investors are also examining whether hyperscaler concentration and potential customer self-designed chips could eventually pressure NVIDIA’s growth.
• Neutral Sentiment: Market backdrop: Asian market halts and currency-driven liquidations have created volatility across semiconductor stocks, but the reported disruptions appear liquidity-related rather than evidence of weakening AI demand. Asian Market Circuit Breakers Hit Stocks, Not AI Demand

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.

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