NVIDIA Corporation $NVDA Shares Acquired by Milestone Asset Management Group LLC

Key Points

• Milestone Asset Management Group LLC increased its NVIDIA stake by 22.5% in the fourth quarter, buying 3,515 additional shares and bringing its total to 19,145 shares worth about $3.57 million.
• NVIDIA’s recent quarterly results beat expectations, with EPS of $1.87 and revenue of $81.62 billion, while the company also authorized an $80 billion share buyback and raised its quarterly dividend to $0.25 per share.
• Analyst sentiment remains broadly positive, with multiple firms raising price targets and the stock carrying a Buy consensus rating; however, the article notes ongoing concerns about valuation and geopolitical/export-control risks.

Milestone Asset Management Group LLC increased its stake in NVIDIA Corporation (NASDAQ:NVDA - Free Report) by 22.5% in the fourth quarter, according to its most recent 13F filing with the Securities & Exchange Commission. The institutional investor owned 19,145 shares of the computer hardware maker's stock after purchasing an additional 3,515 shares during the quarter. NVIDIA accounts for 2.0% of Milestone Asset Management Group LLC's investment portfolio, making the stock its 17th largest position. Milestone Asset Management Group LLC's holdings in NVIDIA were worth $3,571,000 as of its most recent filing with the Securities & Exchange Commission.

Other large investors have also made changes to their positions in the company. Longfellow Investment Management Co. LLC grew its position 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 worth $33,000 after buying an additional 67 shares during the period. Spurstone Advisory Services LLC acquired a new position in NVIDIA during the second quarter worth about $40,000. Syntax Research Inc. grew its position in NVIDIA by 62.5% during the fourth quarter. Syntax Research Inc. now owns 260 shares of the computer hardware maker's stock worth $49,000 after buying an additional 100 shares during the period. Sellwood Investment Partners LLC acquired a new position in NVIDIA during the third quarter worth about $50,000. Finally, Networth Advisors LLC acquired a new position in NVIDIA during the fourth quarter worth about $51,000. Hedge funds and other institutional investors own 65.27% of the company's stock.

Insider Activity

In related news, Director Mark A. Stevens sold 221,682 shares of the firm's stock in a transaction that occurred on Friday, March 20th. The shares were sold at an average price of $173.68, for a total transaction of $38,501,729.76. Following the sale, the director owned 7,399,771 shares in the company, valued at approximately $1,285,192,227.28. This trade represents a 2.91% decrease in their ownership of the stock. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which can be accessed through this hyperlink. Also, Director John Dabiri sold 3,004 shares of the firm's stock in a transaction that occurred on Friday, March 13th. The stock was sold at an average price of $184.90, for a total transaction of $555,439.60. Following the sale, the director owned 14,788 shares in the company, valued at approximately $2,734,301.20. This trade represents a 16.88% decrease in their position. Additional details regarding this sale are available in the official SEC disclosure. Insiders have sold 906,336 shares of company stock valued at $162,802,518 in the last 90 days. Insiders own 3.94% of the company's stock.

Key NVIDIA News

Here are the key news stories impacting NVIDIA this week:

• Positive Sentiment: Wall Street analysts remain constructive after earnings, with Truist raising its price target to $307 and Tigress Financial lifting its target to $425, citing NVIDIA’s dominant position in AI hardware and strong growth outlook.
• Positive Sentiment: Management’s Taiwan expansion plan is reinforcing the long-term AI demand story. NVIDIA said it plans to spend about $150 billion a year in Taiwan and build a new headquarters there, underscoring confidence in the supply chain and future production capacity.
• Positive Sentiment: Recent commentary continues to frame NVIDIA as a key beneficiary of the AI infrastructure buildout, with articles pointing to ongoing shortages in memory, networking, and power as evidence that demand for NVIDIA’s Blackwell systems remains very strong.
• Neutral Sentiment: Several articles highlight Jensen Huang’s growing influence and visibility, including reports that he may join the advisory board of Tsinghua University and that he is now among the world’s richest people. These are notable but not direct stock catalysts.
• Neutral Sentiment: A number of pieces focus on broader AI ecosystem developments, including Groq’s fundraising, IREN’s Blackwell purchase, and other semiconductor names benefiting from the AI trade. These reinforce sector momentum but are mostly indirect for NVDA.
• Negative Sentiment: Some investors are worried NVIDIA’s valuation has become stretched and that the AI trade may be crowded, with bearish commentary warning that a lot of good news may already be priced in.
• Negative Sentiment: There are also geopolitical and regulatory concerns, including reports of possible NVIDIA chip smuggling to China via Japan, which could revive scrutiny around export controls and China exposure.

Analyst Upgrades and Downgrades

Several research analysts have weighed in on NVDA shares. Robert W. Baird set a $500.00 target price on shares of NVIDIA and gave the stock an "outperform" rating in a research report on Thursday, May 21st. UBS Group upped their target price on shares of NVIDIA from $275.00 to $280.00 and gave the stock a "buy" rating in a research report on Thursday, May 21st. Bank of America restated a "buy" rating and set a $350.00 target price (up from $320.00) on shares of NVIDIA in a research report on Thursday, May 21st. DZ Bank restated a "buy" rating on shares of NVIDIA in a research report on Thursday, May 21st. Finally, Benchmark restated a "buy" rating and set a $335.00 target price (up from $250.00) on shares of NVIDIA in a research report on Thursday, May 21st. Three equities research analysts have rated the stock with a Strong Buy rating, forty-seven have given a Buy rating and three have issued a Hold rating to the company. According to MarketBeat, the stock currently has an average rating of "Buy" and an average price target of $305.38.

NVIDIA Stock Performance

Shares of NASDAQ NVDA opened at $214.25 on Friday. The company has a market cap of $5.18 trillion, a PE ratio of 32.81, a price-to-earnings-growth ratio of 0.51 and a beta of 2.25. NVIDIA Corporation has a 12 month low of $132.92 and a 12 month 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 company has a 50-day simple moving average of $198.67 and a 200-day simple moving average of $189.55.

NVIDIA (NASDAQ:NVDA - Get Free Report) last issued its quarterly earnings results on Wednesday, May 20th. The computer hardware maker reported $1.87 EPS for the quarter, topping 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 business had revenue of $81.62 billion during the quarter, compared to the consensus estimate of $78.42 billion. During the same period in the previous year, the firm posted $0.81 earnings per share. The company's quarterly revenue was up 85.2% compared to the same quarter last year. On average, equities analysts anticipate that NVIDIA Corporation will post 8.04 earnings per share for the current year.

NVIDIA announced that its Board of Directors has initiated a share buyback program on Wednesday, May 20th that permits the company to buyback $80.00 billion in outstanding shares. This buyback authorization permits the computer hardware maker to reacquire up to 1.5% of its stock through open market purchases. Stock buyback programs are usually an indication that the company's board believes its shares are undervalued.

NVIDIA Increases Dividend

The company also recently announced 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. This represents a $1.00 dividend on an annualized basis and a yield of 0.5%. This is an increase from NVIDIA's previous quarterly dividend of $0.01. The ex-dividend date is Thursday, June 4th. NVIDIA's dividend payout ratio (DPR) is 0.61%.

About NVIDIA

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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