NVIDIA Corporation $NVDA Shares Purchased by Premier Path Wealth Partners LLC

Key Points

• Premier Path Wealth Partners LLC increased its NVIDIA stake by 8.6% in the first quarter, buying 12,965 more shares and bringing its position to 162,857 shares worth about $28.4 million.
• Wall Street sentiment remains upbeat: several firms reiterated or raised bullish ratings on NVDA, and the stock currently carries a consensus Buy rating with an average price target of $303.84.
• NVIDIA also reported strong fundamentals, beating earnings and revenue estimates in its latest quarter, while announcing a higher dividend and an $80 billion share buyback authorization.

Premier Path Wealth Partners LLC increased its holdings in shares of NVIDIA Corporation (NASDAQ:NVDA - Free Report) by 8.6% during the 1st quarter, according to the company in its most recent 13F filing with the Securities & Exchange Commission. The firm owned 162,857 shares of the computer hardware maker's stock after buying an additional 12,965 shares during the period. NVIDIA comprises 3.7% of Premier Path Wealth Partners LLC's investment portfolio, making the stock its 3rd largest holding. Premier Path Wealth Partners LLC's holdings in NVIDIA were worth $28,402,000 as of its most recent SEC filing.

A number of other hedge funds also recently added to or reduced their stakes in NVDA. Norges Bank acquired a new stake in shares of NVIDIA in the fourth quarter valued at $62,244,133,000. J. Stern & Co. LLP grew its stake in NVIDIA by 13,709.1% during the 4th 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 in the last quarter. Cardano Risk Management B.V. increased its holdings in NVIDIA by 896.4% during the 4th 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 during the period. Capital Research Global Investors increased its holdings in NVIDIA by 16.1% during the 3rd quarter. Capital Research Global Investors now owns 165,377,852 shares of the computer hardware maker's stock worth $30,855,564,000 after purchasing an additional 22,896,705 shares during the period. Finally, Laurel Wealth Advisors LLC raised its position in NVIDIA by 15,496.1% in the 2nd 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 purchasing an additional 21,725,326 shares in the last quarter. 65.27% of the stock is currently owned by institutional investors and hedge funds.

Analyst Upgrades and Downgrades

Several brokerages have recently issued reports on NVDA. Barclays reiterated an "overweight" rating on shares of NVIDIA in a research note on Thursday, May 21st. JPMorgan Chase & Co. raised their target price on shares of NVIDIA from $265.00 to $280.00 and gave the company an "overweight" rating in a report on Thursday, May 21st. President Capital boosted their price target on shares of NVIDIA from $280.00 to $295.00 and gave the stock a "buy" rating in a report on Thursday, May 21st. Melius Research set a $400.00 price objective on shares of NVIDIA in a research report on Thursday, May 21st. Finally, Cantor Fitzgerald restated an "overweight" rating and issued a $350.00 price objective on shares of NVIDIA in a report on Thursday, May 21st. Three analysts have rated the stock with a Strong Buy rating, forty-eight have assigned a Buy rating and three have given a Hold rating to the company's stock. According to MarketBeat, NVIDIA has an average rating of "Buy" and a consensus price target of $303.84.

Insider Buying and Selling

In other NVIDIA news, Director Mark A. Stevens sold 885,000 shares of the company's stock in a transaction on Thursday, June 18th. The shares were sold at an average price of $210.17, for a total value of $186,000,450.00. Following the completion of the transaction, the director owned 5,207,271 shares in the company, valued at $1,094,412,146.07. This represents a 14.53% decrease in their ownership of the stock. The transaction was disclosed in a legal filing with the SEC, which is available at this hyperlink. Also, Director John Dabiri sold 625 shares of the firm's stock in a transaction dated Wednesday, May 27th. The stock was 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 in the company, valued at approximately $3,030,882. The trade was a 4.23% decrease in their position. The SEC filing for this sale provides additional information. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Insiders have sold 1,901,125 shares of company stock worth $410,583,015 in the last ninety days. 3.94% of the stock is owned by corporate insiders.

Trending Headlines about NVIDIA

Here are the key news stories impacting NVIDIA this week:

• Positive Sentiment: Bank of America reaffirmed its bullish stance, saying NVIDIA remains a top AI stock and could keep a 65% to 70%+ share of AI capital spending. Article Title
• Positive Sentiment: Multiple reports frame NVDA as a value opportunity after its selloff, with analysts citing a cheaper valuation despite record revenue and strong long-term AI demand. Article Title
• Neutral Sentiment: China may allow limited purchases of NVIDIA H200 chips by major AI firms, which could support sales but would likely be tightly capped. Article Title
• Negative Sentiment: Reports that DeepSeek is developing its own AI chip revived concerns that large customers are trying to reduce dependence on NVIDIA hardware. Article Title
• Negative Sentiment: Speculation that NVIDIA’s Kyber rack-scale system could be delayed has pressured sentiment, even though the company publicly denied a delay. Article Title

NVIDIA Price Performance

NVDA stock opened at $204.12 on Thursday. The business has a 50 day moving average price of $209.66 and a 200 day moving average price of $194.15. 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 stock has a market cap of $4.94 trillion, a price-to-earnings ratio of 31.26, a PEG ratio of 0.44 and a beta of 2.21. NVIDIA Corporation has a fifty-two week low of $161.16 and a fifty-two week high of $236.54.

NVIDIA (NASDAQ:NVDA - Get Free Report) last announced its quarterly earnings results on Wednesday, May 20th. The computer hardware maker reported $1.87 EPS for the quarter, beating the consensus estimate of $1.76 by $0.11. NVIDIA had a net margin of 62.97% and a return on equity of 96.94%. The company had revenue of $81.61 billion for the quarter, compared to analyst estimates of $78.42 billion. During the same period in the prior year, the firm posted $0.81 earnings per share. The firm's revenue was up 85.2% on a year-over-year basis. Equities research analysts anticipate that NVIDIA Corporation will post 8.69 earnings per share for the current fiscal year.

NVIDIA Increases Dividend

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

NVIDIA declared that its board has approved a stock repurchase 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 buy up to 1.5% of its shares through open market purchases. Shares buyback programs are typically an indication that the company's leadership believes its stock is undervalued.

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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