NVIDIA Corporation $NVDA Position Increased by Evelyn Partners Investment Management LLP

Key Points

• Evelyn Partners increased its NVIDIA position by 3.1% in the first quarter, bringing its holdings to 866,383 shares worth approximately $151.1 million. Institutional investors collectively own 65.27% of NVIDIA.
• NVIDIA reported quarterly earnings and revenue above analyst expectations, with revenue rising 85.2% year over year. The company also authorized an $80 billion share-buyback program and increased its quarterly dividend to $0.25 per share.
• Wall Street remains broadly bullish, with a consensus “Buy” rating and an average price target of $304.26, though significant insider selling and growing competition in AI inference represent potential risks.

Evelyn Partners Investment Management LLP boosted its holdings in NVIDIA Corporation (NASDAQ:NVDA - Free Report) by 3.1% in the first quarter, according to its most recent Form 13F filing with the SEC. The fund owned 866,383 shares of the computer hardware maker's stock after purchasing an additional 25,980 shares during the period. NVIDIA comprises 4.1% of Evelyn Partners Investment Management LLP's portfolio, making the stock its 5th largest position. Evelyn Partners Investment Management LLP's holdings in NVIDIA were worth $151,097,000 as of its most recent SEC filing.

Several other hedge funds and other institutional investors also recently bought and sold shares of NVDA. Norges Bank bought a new position in NVIDIA during the 4th quarter valued at $62,244,133,000. J. Stern & Co. LLP lifted its position in shares of NVIDIA by 13,709.1% during the fourth quarter. J. Stern & Co. LLP now owns 125,760,307 shares of the computer hardware maker's stock worth $23,454,297,000 after purchasing an additional 124,849,603 shares during the last quarter. Cardano Risk Management B.V. grew its stake in NVIDIA by 896.4% in the fourth quarter. Cardano Risk Management B.V. now owns 78,123,960 shares of the computer hardware maker's stock worth $14,570,119,000 after purchasing an additional 70,283,539 shares in the last quarter. Capital Research Global Investors increased its holdings in NVIDIA by 16.1% in the third quarter. Capital Research Global Investors now owns 165,377,852 shares of the computer hardware maker's stock valued at $30,855,564,000 after buying an additional 22,896,705 shares during the last quarter. Finally, Laurel Wealth Advisors LLC increased its holdings in NVIDIA by 15,496.1% in the second quarter. Laurel Wealth Advisors LLC now owns 21,865,525 shares of the computer hardware maker's stock valued at $3,454,534,000 after buying an additional 21,725,326 shares during the last quarter. 65.27% of the stock is currently owned by hedge funds and other institutional investors.

NVIDIA Stock Up 2.3%

NVIDIA stock opened at $223.96 on Friday. NVIDIA Corporation has a 52 week low of $164.07 and a 52 week high of $236.54. The stock has a market cap of $5.42 trillion, a price-to-earnings ratio of 34.30, a PEG ratio of 0.43 and a beta of 2.23. The company's 50-day moving average price is $205.66 and its two-hundred day moving average price is $197.19. 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, topping analysts' consensus estimates of $1.76 by $0.11. The firm had revenue of $81.61 billion during the quarter, compared to the consensus estimate of $78.42 billion. NVIDIA had a return on equity of 96.94% and a net margin of 62.97%.The firm's revenue for the quarter was up 85.2% compared to the same quarter last year. During the same period in the prior year, the firm posted $0.81 earnings per share. On average, analysts expect that NVIDIA Corporation will post 8.79 EPS for the current fiscal year.

NVIDIA announced that its Board of Directors has approved a share buyback program on Wednesday, May 20th that allows the company to buyback $80.00 billion in shares. This buyback authorization allows the computer hardware maker to purchase up to 1.5% of its stock through open market purchases. Stock buyback programs are often a sign that the company's management believes its stock is undervalued.

NVIDIA Increases Dividend

The business also recently announced a quarterly dividend, which was paid on Friday, June 26th. Stockholders of record on Thursday, June 4th were issued a dividend of $0.25 per share. This is a positive change from NVIDIA's previous quarterly dividend of $0.01. This represents a $1.00 annualized dividend and a dividend yield of 0.4%. The ex-dividend date of this dividend was Thursday, June 4th. NVIDIA's dividend payout ratio (DPR) is currently 15.31%.

Insiders Place Their Bets

In other news, Director John Dabiri sold 625 shares of NVIDIA stock in a transaction that occurred 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 transaction, the director directly owned 14,163 shares of the company's stock, valued at $3,030,882. This trade represents a 4.23% decrease in their ownership of the stock. The transaction was disclosed in a legal filing with the SEC, which is available at this link. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Also, Director Stephen C. Neal sold 15,500 shares of the business's 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 sale, the director owned 116,135 shares in the company, valued at $25,053,803.55. This represents a 11.77% decrease in their position. The disclosure for this sale is available in the SEC filing. In the last quarter, insiders have sold 1,901,125 shares of company stock worth $410,583,015. Company insiders own 3.94% of the company's stock.

Trending Headlines about NVIDIA

Here are the key news stories impacting NVIDIA this week:

• Positive Sentiment: Reports that SpaceX plans to deploy NVIDIA’s next-generation AI hardware across terrestrial and orbital computing infrastructure reinforced expectations for another major customer and expanded demand for NVIDIA systems. Time to Buy Nvidia or SpaceX Stock After Their AI Partnership?
• Positive Sentiment: Strong spending by hyperscalers, demand for AI data-center capacity, and NVIDIA-backed projects such as Firmus’ $2 billion fundraising in Australia and Asia-Pacific supported the view that AI infrastructure investment remains robust. Firmus nearly doubles valuation to over $10.5 billion
• Positive Sentiment: Analyst and market commentary highlighted NVIDIA’s leadership in sovereign AI, with one report estimating a 92% share, while investors continued to describe the company as evolving from a GPU supplier into a broader AI infrastructure platform. What’s Going On With NVIDIA Stock Friday?
• Positive Sentiment: Recent commentary pointed to accelerating AI demand, strong cash flow and valuation support, with the median analyst price target reported at $308.50 versus recent trading levels. Should You Buy NVIDIA Stock After Its 11% Rally in a Month?
• Neutral Sentiment: NVIDIA’s rally has lifted the stock roughly 12% over five sessions, increasing focus on the upcoming earnings report. Analysts remain constructive, but some traders are pausing because near-term catalysts may be limited after the sharp advance. Two reasons why Nvidia's stock saw its biggest weekly surge
• Negative Sentiment: AMD’s acquisition of AI-inference chip startup Taalas could strengthen its competitive position and create a longer-term challenge to NVIDIA, although initial investor commentary suggested the deal does not immediately close NVIDIA’s AI gap. AMD Is Buying Its Way Deeper Into AI Inference
• Negative Sentiment: QuiverQuant data showed 45 NVIDIA insider sales and no insider purchases during the past six months, a potential caution signal as the stock trades near its highs. NVIDIA Stock Opinions on AI Market Position

Wall Street Analyst Weigh In

A number of research firms have commented on NVDA. CICC Research increased their target price on NVIDIA from $240.60 to $268.30 and gave the stock an "outperform" rating in a report on Friday, May 22nd. Citigroup assumed coverage on NVIDIA in a research report on Wednesday, April 15th. They set a "buy" rating on the stock. Jefferies Financial Group restated a "buy" rating and set a $300.00 price objective (up from $275.00) on shares of NVIDIA in a research note on Thursday, May 21st. Melius Research set a $400.00 price objective on shares of NVIDIA in a report on Thursday, May 21st. Finally, Seaport Research Partners raised their price target on shares of NVIDIA from $140.00 to $180.00 and gave the stock a "sell" rating in a research report on Thursday, May 21st. Three research 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 company. According to MarketBeat, NVIDIA has a consensus rating of "Buy" and a consensus price target of $304.26.

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.

Continue following MarketBeat

Add MarketBeat as your preferred source on Google to see our latest stories in your feed.

Add As Preferred Source