NVIDIA Corporation $NVDA Shares Bought by 3Chopt Investment Partners LLC

Key Points

• 3Chopt Investment Partners LLC increased its NVIDIA stake by 6.0% in the first quarter, buying 8,592 more shares and bringing its holdings to 152,799 shares worth about $26.65 million.
• Wall Street sentiment remains largely bullish on NVIDIA, with analysts maintaining an average Buy rating and an average price target of $303.84, despite one recent downgrade from Zacks Research to Hold.
• NVIDIA continues to report strong fundamentals, posting quarterly EPS of $1.87 on revenue of $81.61 billion, while also boosting shareholder returns through a higher quarterly dividend and an $80 billion share repurchase program.

3Chopt Investment Partners LLC boosted its stake in shares of NVIDIA Corporation (NASDAQ:NVDA - Free Report) by 6.0% during the 1st quarter, according to its most recent filing with the SEC. The firm owned 152,799 shares of the computer hardware maker's stock after purchasing an additional 8,592 shares during the period. NVIDIA makes up approximately 6.1% of 3Chopt Investment Partners LLC's portfolio, making the stock its 2nd biggest holding. 3Chopt Investment Partners LLC's holdings in NVIDIA were worth $26,650,000 as of its most recent filing with the SEC.

A number of other institutional investors have also modified their holdings of NVDA. Brighton Jones LLC grew its position in shares of NVIDIA by 12.4% during the 4th quarter. Brighton Jones LLC now owns 324,901 shares of the computer hardware maker's stock valued at $43,631,000 after acquiring an additional 35,815 shares during the period. Bank Pictet & Cie Europe AG raised its holdings in NVIDIA by 1.0% in the 4th quarter. Bank Pictet & Cie Europe AG now owns 2,346,417 shares of the computer hardware maker's stock worth $315,100,000 after purchasing an additional 22,929 shares during the period. Highview Capital Management LLC DE raised its holdings in NVIDIA by 6.7% in the 4th quarter. Highview Capital Management LLC DE now owns 58,396 shares of the computer hardware maker's stock worth $7,842,000 after purchasing an additional 3,653 shares during the period. Hudson Value Partners LLC boosted its position in NVIDIA by 30.7% during the fourth quarter. Hudson Value Partners LLC now owns 50,658 shares of the computer hardware maker's stock worth $6,805,000 after purchasing an additional 11,900 shares in the last quarter. Finally, Wealth Group Ltd. increased its position in shares of NVIDIA by 15.7% in the first quarter. Wealth Group Ltd. now owns 6,598 shares of the computer hardware maker's stock valued at $715,000 after buying an additional 896 shares in the last quarter. Hedge funds and other institutional investors own 65.27% of the company's stock.

Wall Street Analyst Weigh In

A number of equities analysts have commented on NVDA shares. TD Cowen reissued a "buy" rating and set a $275.00 target price (up from $235.00) on shares of NVIDIA in a report on Friday, May 15th. Sanford C. Bernstein reaffirmed a "buy" rating on shares of NVIDIA in a report on Monday, June 29th. China Renaissance began coverage on shares of NVIDIA in a research report on Friday, June 5th. They set a "buy" rating and a $319.00 price target on the stock. Wells Fargo & Company reaffirmed an "overweight" rating and set a $315.00 target price (up from $265.00) on shares of NVIDIA in a research note on Tuesday, May 12th. Finally, Zacks Research lowered shares of NVIDIA from a "strong-buy" rating to a "hold" rating in a report on Thursday, May 21st. Three equities research analysts have rated the stock with a Strong Buy rating, forty-eight have given a Buy rating and three have given a Hold rating to the company's stock. According to data from MarketBeat, the company currently has an average rating of "Buy" and an average target price of $303.84.

Key NVIDIA News

Here are the key news stories impacting NVIDIA this week:

• Positive Sentiment: NVIDIA named a new field operations chief, reinforcing management continuity as investors continue to value the company’s leadership in AI infrastructure. NVIDIA (NVDA) Names New Field Operations Chief As AI Growth Narrative Points To Higher Fair Value
• Positive Sentiment: Several reports highlighted fresh AI demand drivers for NVIDIA, including new data center and cloud deployments with partners like Vultr, Valar Atomics, and Microsoft’s Azure/Anthropic integration, which supports the case for continued GPU demand. Vultr Picks Hewlett Packard Enterprise (HPE) and NVIDIA to Build Its Next-Gen AI Data Centers Valar Atomics Partners With NVIDIA (NVDA) To Develop Data Center in Utah, Reuters Reports
• Positive Sentiment: Analysts continue to argue that NVIDIA’s AI factory model and strong earnings revisions could translate Blackwell demand into recurring revenue, a bullish sign for long-term growth. How NVIDIA Corporation’s (NVDA) AI Factory Model Could Turn Blackwell Demand Into Usage-Linked Revenue
• Positive Sentiment: NVIDIA also benefited from broader semiconductor strength and renewed AI trade momentum, with several market wrap articles citing NVDA as a leader helping lift the Nasdaq and chip stocks. S&P 500, Nasdaq End Higher On Support From Strong Tech Gains Led By Nvidia, Dow Hits Record Highs
• Neutral Sentiment: Commentary around AI stocks, data-center spending, and sector rotation suggests investors are still debating whether the recent pullback is a reset or a sign of fatigue, leaving sentiment mixed rather than decisively bullish or bearish. Is AI Cracking – or About to Break Out?
• Negative Sentiment: Reports that NVIDIA’s next-generation Kyber NVL144 AI rack could be delayed until 2028 raised concerns about execution risk and slower product-cycle momentum. Nvidia's next-gen AI rack system delayed to 2028 on manufacturing snags, SemiAnalysis says
• Negative Sentiment: Bearish coverage around Michael Burry’s short position and worries that customers are developing cheaper alternatives to NVIDIA’s chips could weigh on the stock by fueling concerns about margins and market-share pressure. Michael Burry’s Nvidia (NVDA) Short Position: Are AI Stocks Headed for a Crash? Nvidia: Jensen's Anti-ASICs Alliance (Rating Downgrade)

NVIDIA Stock Up 0.4%

Shares of NASDAQ NVDA opened at $195.55 on Tuesday. The company has a quick ratio of 2.85, a current ratio of 3.44 and a debt-to-equity ratio of 0.04. The business's 50 day moving average is $210.22 and its two-hundred day moving average is $193.63. NVIDIA Corporation has a 52-week low of $157.34 and a 52-week high of $236.54. The firm has a market cap of $4.73 trillion, a price-to-earnings ratio of 29.95, a PEG ratio of 0.43 and a beta of 2.21.

NVIDIA (NASDAQ:NVDA - Get Free Report) last posted its quarterly earnings data on Wednesday, May 20th. The computer hardware maker reported $1.87 earnings per share (EPS) for the quarter, beating the consensus estimate 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 company's quarterly revenue was up 85.2% compared to the same quarter last year. During the same quarter in the previous year, the business earned $0.81 EPS. Research analysts predict that NVIDIA Corporation will post 8.69 EPS for the current year.

NVIDIA Increases Dividend

The firm also recently declared a quarterly dividend, which was paid on Friday, June 26th. Shareholders of record on Thursday, June 4th were paid a $0.25 dividend. This represents a $1.00 annualized dividend and a dividend yield of 0.5%. This is a positive change from NVIDIA's previous quarterly dividend of $0.01. The ex-dividend date was Thursday, June 4th. NVIDIA's payout ratio is presently 15.31%.

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

Insiders Place Their Bets

In related news, Director John Dabiri sold 625 shares of NVIDIA stock in a transaction on Wednesday, May 27th. The stock was sold at an average price of $214.00, for a total value of $133,750.00. Following the completion of the transaction, the director directly owned 14,163 shares in the company, valued at approximately $3,030,882. This trade represents a 4.23% decrease in their ownership of the stock. The transaction was disclosed in a document filed with the SEC, which is accessible through this hyperlink. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Also, Director Stephen C. Neal sold 15,500 shares of the company's stock in a transaction dated Wednesday, June 3rd. The stock was sold at an average price of $215.73, for a total value of $3,343,815.00. Following the sale, the director owned 116,135 shares in the company, valued at approximately $25,053,803.55. This trade represents a 11.77% decrease in their position. Additional details regarding this sale are available in the official SEC disclosure. Insiders sold a total of 1,901,125 shares of company stock worth $410,583,015 over the last 90 days. Corporate insiders own 3.94% of the company's stock.

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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