NVIDIA Corporation $NVDA Shares Purchased by Kornitzer Capital Management Inc. KS

Key Points

• Kornitzer Capital Management increased its NVIDIA stake by 0.8% in the fourth quarter, ending with 296,833 shares worth about $55.4 million. NVIDIA is now its 20th-largest holding and makes up about 1.1% of its portfolio.
• NVIDIA’s recent quarterly results were strong, with EPS of $1.87 and revenue of $81.62 billion, both beating estimates. Revenue rose 85.2% year over year, reinforcing optimism around AI-driven data-center demand.
• The company also announced a major capital return push, authorizing $80 billion in share buybacks and raising its quarterly dividend to $0.25 per share. Analysts remain broadly bullish, with a consensus rating of Buy and an average price target of about $303.27.

Kornitzer Capital Management Inc. KS increased its position in shares of NVIDIA Corporation (NASDAQ:NVDA - Free Report) by 0.8% during the fourth quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The firm owned 296,833 shares of the computer hardware maker's stock after acquiring an additional 2,336 shares during the period. NVIDIA makes up about 1.1% of Kornitzer Capital Management Inc. KS's investment portfolio, making the stock its 20th largest position. Kornitzer Capital Management Inc. KS's holdings in NVIDIA were worth $55,359,000 at the end of the most recent quarter.

Other hedge funds have also recently bought and sold shares of the company. Longfellow Investment Management Co. LLC grew its holdings 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 acquiring an additional 67 shares during the period. Spurstone Advisory Services LLC purchased a new stake in shares of NVIDIA during the second quarter valued at $40,000. Syntax Research Inc. lifted its holdings in shares of NVIDIA by 62.5% during the fourth quarter. Syntax Research Inc. now owns 260 shares of the computer hardware maker's stock valued at $49,000 after purchasing an additional 100 shares during the last quarter. Sellwood Investment Partners LLC purchased a new stake in shares of NVIDIA during the third quarter valued at $50,000. Finally, Networth Advisors LLC purchased a new stake in shares of NVIDIA during the fourth quarter valued at $51,000. 65.27% of the stock is owned by institutional investors and hedge funds.

Insider Transactions at NVIDIA

In related news, Director Aarti S. Shah sold 19,000 shares of the stock in a transaction dated Thursday, March 19th. The stock was sold at an average price of $176.71, for a total value of $3,357,490.00. Following the completion of the sale, the director directly owned 36,007 shares of the company's stock, valued at approximately $6,362,796.97. This represents a 34.54% decrease in their position. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which is accessible through this hyperlink. Also, Director John Dabiri sold 3,004 shares of the stock in a transaction dated Friday, March 13th. The stock was sold at an average price of $184.90, for a total value of $555,439.60. Following the completion of the sale, the director directly owned 14,788 shares of the company's stock, valued at approximately $2,734,301.20. This represents a 16.88% decrease in their ownership of the stock. The disclosure for this sale is available in the SEC filing. In the last 90 days, insiders sold 906,336 shares of company stock worth $162,802,518. 4.17% of the stock is currently owned by company insiders.

Key Headlines Impacting NVIDIA

Here are the key news stories impacting NVIDIA this week:

• Positive Sentiment: NVIDIA’s latest results continued to reinforce the AI growth narrative, with articles highlighting record revenue, strong EPS growth, and management’s confidence in sustained data-center demand through 2030.
• Positive Sentiment: Several reports pointed to upside catalysts for NVDA, including bullish price-target commentary, claims that the market is underestimating AI infrastructure spending, and views that the stock still has room to run despite its huge rally.
• Positive Sentiment: Investor-friendly capital returns are also supporting sentiment, as NVIDIA boosted its dividend and approved an additional $80 billion in buybacks, signaling confidence in future cash generation.
• Neutral Sentiment: Multiple pieces focused on technical trading rather than business fundamentals, noting that NVIDIA is pulling back toward key support and that traders are watching whether the 20-day moving average holds. Nvidia (NVDA) Price Forecast: Pullback Tests Trend Structure
• Neutral Sentiment: Broader market commentary remains split, with some articles questioning AI’s hidden costs or warning about a narrow leadership trade, which may be encouraging investors to lock in gains after the stock’s strong multi-month advance.
• Negative Sentiment: Regulatory and competitive headlines added some caution, including reports that Jensen Huang urged Super Micro to tighten compliance amid Taiwan scrutiny and that Huawei is advancing its chip efforts, which could intensify long-term competition in semiconductors.

NVIDIA Price Performance

Shares of NVIDIA stock opened at $215.33 on Tuesday. The stock has a 50-day moving average price of $196.74 and a 200 day moving average price of $189.05. The company has a market cap of $5.21 trillion, a P/E ratio of 32.98, a P/E/G ratio of 0.67 and a beta of 2.25. The company has a current ratio of 3.44, a quick ratio of 3.24 and a debt-to-equity ratio of 0.04. NVIDIA Corporation has a 1 year low of $129.16 and a 1 year high of $236.54.

NVIDIA (NASDAQ:NVDA - Get Free Report) last announced its quarterly earnings data on Wednesday, May 20th. The computer hardware maker reported $1.87 earnings per share (EPS) for the quarter, topping the consensus estimate of $1.76 by $0.11. The firm had revenue of $81.62 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 business's revenue for the quarter was up 85.2% on a year-over-year basis. During the same period in the prior year, the business earned $0.81 EPS. As a group, analysts expect that NVIDIA Corporation will post 7.98 EPS for the current fiscal year.

NVIDIA announced that its board has authorized a share buyback 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 repurchase up to 1.5% of its shares through open market purchases. Shares buyback programs are generally a sign that the company's board of directors believes its shares are undervalued.

NVIDIA Increases Dividend

The firm also recently disclosed a quarterly dividend, which will be paid on Friday, June 26th. Investors of record on Thursday, June 4th will be paid a $0.25 dividend. The ex-dividend date of this dividend is Thursday, June 4th. This represents a $1.00 annualized dividend and a yield of 0.5%. This is an increase from NVIDIA's previous quarterly dividend of $0.01. NVIDIA's dividend payout ratio (DPR) is currently 0.61%.

Analysts Set New Price Targets

Several brokerages have recently commented on NVDA. Robert W. Baird set a $500.00 target price on NVIDIA and gave the company an "outperform" rating in a report on Thursday. DA Davidson upped their target price on NVIDIA from $250.00 to $300.00 and gave the company a "buy" rating in a report on Monday, May 18th. Sanford C. Bernstein reaffirmed an "outperform" rating on shares of NVIDIA in a report on Thursday. TD Cowen reaffirmed 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. Finally, UBS Group upped their target price on NVIDIA from $275.00 to $280.00 and gave the company a "buy" 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, NVIDIA has an average rating of "Buy" and a consensus price target of $303.27.

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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