NVIDIA Corporation $NVDA Position Raised by Stenger Family Office LLC

Key Points

• Stenger Family Office LLC increased its NVIDIA position by 32.2% in the fourth quarter, buying 34,027 shares and bringing its total holding to 139,771 shares worth about $26.1 million.
• Wall Street remains broadly bullish on NVIDIA, with a consensus Buy rating and an average price target of $305.67, despite one analyst issuing a sell rating. Several firms recently raised their targets, including Truist and Raymond James.
• NVIDIA’s latest quarter beat expectations, posting $1.87 EPS on $81.61 billion in revenue, and the company also announced a higher quarterly dividend plus an $80 billion share repurchase authorization.

Stenger Family Office LLC lifted its position in shares of NVIDIA Corporation (NASDAQ:NVDA - Free Report) by 32.2% in the 4th quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission. The fund owned 139,771 shares of the computer hardware maker's stock after purchasing an additional 34,027 shares during the period. NVIDIA comprises approximately 5.4% of Stenger Family Office LLC's portfolio, making the stock its 4th largest position. Stenger Family Office LLC's holdings in NVIDIA were worth $26,067,000 at the end of the most recent quarter.

A number of other institutional investors and hedge funds have also recently modified their holdings of the company. Employees Provident Fund Board purchased a new position in NVIDIA in the fourth quarter valued at $1,243,336,000. Strategic Advisory Partners LLC acquired a new stake in NVIDIA in the fourth quarter valued at $586,000. S Harris Financial Group LLC purchased a new stake in NVIDIA during the 4th quarter worth about $3,074,000. EJMK Ventures LLC purchased a new stake in NVIDIA during the 4th quarter worth about $4,449,000. Finally, Targeted Financial Services LLC acquired a new position in shares of NVIDIA during the 4th quarter worth about $517,000. Institutional investors and hedge funds own 65.27% of the company's stock.

Wall Street Analysts Forecast Growth

A number of research analysts have recently commented on NVDA shares. Seaport Research Partners increased their price objective on NVIDIA from $140.00 to $180.00 and gave the company a "sell" rating in a report on Thursday, May 21st. Truist Financial boosted their target price on NVIDIA from $287.00 to $307.00 and gave the stock a "buy" rating in a research note on Thursday, May 21st. Raymond James Financial reaffirmed a "strong-buy" rating and issued a $330.00 price target on shares of NVIDIA in a report on Thursday, May 21st. Susquehanna reissued a "positive" rating and set a $275.00 price objective (up from $250.00) on shares of NVIDIA in a report on Tuesday, May 12th. Finally, Oppenheimer restated an "outperform" rating and set a $265.00 price objective on shares of NVIDIA in a research report on Thursday, February 26th. 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. According to data from MarketBeat.com, the company has a consensus rating of "Buy" and an average price target of $305.67.

NVIDIA Price Performance

NVIDIA stock opened at $210.69 on Monday. The company has a market capitalization of $5.10 trillion, a P/E ratio of 32.26, a PEG ratio of 0.47 and a beta of 2.22. The company has a debt-to-equity ratio of 0.04, a quick ratio of 2.85 and a current ratio of 3.44. NVIDIA Corporation has a fifty-two week low of $142.03 and a fifty-two week high of $236.54. The stock has a 50-day simple moving average of $209.90 and a 200-day simple moving average of $192.47.

NVIDIA (NASDAQ:NVDA - Get Free Report) last released its quarterly earnings results on Wednesday, May 20th. The computer hardware maker reported $1.87 earnings per share (EPS) for the quarter, topping analysts' consensus estimates of $1.76 by $0.11. The firm had revenue of $81.61 billion for 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 quarterly revenue was up 85.2% compared to the same quarter last year. During the same quarter last year, the business posted $0.81 EPS. Equities research analysts expect that NVIDIA Corporation will post 8.65 earnings per share for the current year.

NVIDIA Increases Dividend

The firm also recently announced a quarterly dividend, which will be paid on Friday, June 26th. Stockholders of record on Thursday, June 4th will be given a dividend of $0.25 per share. This represents a $1.00 dividend on an annualized basis and a dividend yield of 0.5%. This is a boost from NVIDIA's previous quarterly dividend of $0.01. The ex-dividend date is Thursday, June 4th. NVIDIA's payout ratio is 15.31%.

NVIDIA declared that its Board of Directors has authorized a stock repurchase plan on Wednesday, May 20th that authorizes the company to repurchase $80.00 billion in outstanding shares. This repurchase authorization authorizes the computer hardware maker to purchase up to 1.5% of its stock through open market purchases. Stock repurchase plans are often a sign that the company's management believes its stock is undervalued.

NVIDIA News Summary

Here are the key news stories impacting NVIDIA this week:

• Positive Sentiment: Jensen Huang’s latest comments were interpreted as a sign that demand for NVIDIA’s AI hardware remains strong, reinforcing the view that the company still has room to grow from the AI buildout. 13 Words From Jensen Huang That Spell Good News for Nvidia Shareholders
• Positive Sentiment: Multiple reports highlighted NVIDIA’s expanding AI ecosystem, including XR AI/public beta, physical AI, and new partnerships, which supports the case that NVIDIA is moving beyond data centers into additional growth markets. How NVIDIA (NVDA) Is Extending Its AI Infrastructure Reach Into XR and Physical AI
• Positive Sentiment: NVIDIA was said to have taken the No. 1 spot in data-center Ethernet switching by revenue in Q1, underscoring that its networking business is becoming a more meaningful part of the AI stack. Nvidia takes No. 1 spot in data center ethernet switching by revenue in Q1: IDC
• Positive Sentiment: Analysts and market commentary continued to point to NVIDIA as a leading AI beneficiary versus weaker chip names, with several pieces framing it as a core alternative in the ongoing semiconductor rally. Analyst Warns Intel Valuation ‘Doesn't Make Sense.' Suggests NVIDIA, AMD, Micron, and Broadcom as Alternatives.
• Neutral Sentiment: Several articles noted that AI spending is broadening to suppliers, cloud providers, and custom-chip rivals, suggesting NVIDIA’s dominance is being challenged but not yet displaced. Google Is Using Nvidia's Playbook to Build a Rival AI Chip Business
• Negative Sentiment: There were also warning signs for investors, including commentary that NVIDIA has slipped since its last earnings report and concerns that heavy AI infrastructure spending, debt financing, and competition from Amazon and Google could pressure long-term margins or growth rates. Nvidia (NVDA) Down 4% Since Last Earnings Report: Can It Rebound?

Insider Activity

In other NVIDIA news, Director Mark A. Stevens sold 500,000 shares of the firm's stock in a transaction on Thursday, June 4th. The shares were sold at an average price of $219.83, for a total transaction of $109,915,000.00. Following the transaction, the director directly owned 6,399,771 shares of the company's stock, valued at approximately $1,406,861,658.93. This trade represents a 7.25% decrease in their position. The sale was disclosed in a document filed with the SEC, which is available at the SEC website. Also, Director John Dabiri sold 625 shares of the company's stock in a transaction dated Wednesday, May 27th. The shares were sold at an average price of $214.00, for a total transaction of $133,750.00. Following the completion of the sale, the director directly owned 14,163 shares of the company's stock, valued at $3,030,882. The trade was a 4.23% decrease in their ownership of the stock. Additional details regarding this sale are available in the official SEC disclosure. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Insiders have sold 1,016,125 shares of company stock valued at $224,582,565 in the last ninety days. 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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