NVIDIA Corporation $NVDA Shares Sold by Adams Diversified Equity Fund Inc.

Key Points

• Adams Diversified Equity Fund trimmed its NVIDIA stake by 2.8% in the fourth quarter, selling 36,200 shares. NVIDIA remains its largest holding, accounting for about 7.9% of the fund’s portfolio.
• Despite some recent selling by institutions, institutional ownership remains high at 65.27%, and several large investors added to their positions in NVIDIA during recent quarters.
• Analysts stay bullish on NVDA, with a consensus rating of “Buy” and an average price target of $305.67. Recent reports also highlighted strong earnings, a major $80 billion buyback authorization, and a dividend increase to $0.25 per share quarterly.

Adams Diversified Equity Fund Inc. lessened its holdings in shares of NVIDIA Corporation (NASDAQ:NVDA - Free Report) by 2.8% in the 4th quarter, according to its most recent filing with the SEC. The fund owned 1,278,600 shares of the computer hardware maker's stock after selling 36,200 shares during the period. NVIDIA makes up approximately 7.9% of Adams Diversified Equity Fund Inc.'s holdings, making the stock its largest position. Adams Diversified Equity Fund Inc.'s holdings in NVIDIA were worth $238,459,000 at the end of the most recent quarter.

Several other large investors have also made changes to their positions in the business. Diversified Enterprises LLC grew its stake in shares of NVIDIA by 44.2% in the 4th quarter. Diversified Enterprises LLC now owns 127,604 shares of the computer hardware maker's stock valued at $23,798,000 after purchasing an additional 39,129 shares during the period. PMG Family Office LLC bought a new stake in shares of NVIDIA in the 3rd quarter valued at approximately $2,150,000. ASR Vermogensbeheer N.V. grew its stake in shares of NVIDIA by 1.8% in the 4th quarter. ASR Vermogensbeheer N.V. now owns 3,169,377 shares of the computer hardware maker's stock valued at $591,086,000 after purchasing an additional 54,877 shares during the period. Weaver Capital Management LLC grew its stake in shares of NVIDIA by 5.5% in the 4th quarter. Weaver Capital Management LLC now owns 85,216 shares of the computer hardware maker's stock valued at $15,893,000 after purchasing an additional 4,439 shares during the period. Finally, Circle Wealth Management LLC grew its stake in shares of NVIDIA by 16.1% in the 3rd quarter. Circle Wealth Management LLC now owns 107,787 shares of the computer hardware maker's stock valued at $20,111,000 after purchasing an additional 14,936 shares during the period. Institutional investors and hedge funds own 65.27% of the company's stock.

Analysts Set New Price Targets

NVDA has been the topic of several analyst reports. Fundamental Research set a $218.00 price objective on NVIDIA in a research note on Thursday, February 26th. Royal Bank Of Canada set a $280.00 price target on NVIDIA in a research report on Thursday, May 21st. TD Cowen restated a "buy" rating and set a $275.00 price target (up from $235.00) on shares of NVIDIA in a research report on Friday, May 15th. Bank of America restated a "buy" rating and set a $350.00 price target (up from $320.00) on shares of NVIDIA in a research report on Thursday, May 21st. Finally, Mizuho set a $300.00 price objective on NVIDIA in a research report on Thursday, May 21st. Three investment analysts have rated the stock with a Strong Buy rating, forty-eight have issued a Buy rating and three have issued a Hold rating to the company. According to data from MarketBeat, the stock has a consensus rating of "Buy" and an average target price of $305.67.

More NVIDIA News

Here are the key news stories impacting NVIDIA this week:

• Positive Sentiment: Analysts remained broadly bullish, with multiple notes raising revenue forecasts and price targets while arguing NVDA still looks undervalued given its dominance in AI accelerators and networking. Analyst Calls NVIDIA Undervalued, Sees Major Upside Ahead
• Positive Sentiment: Reuters reported that NVIDIA has begun pitching its Vera CPUs to Chinese customers, suggesting a possible reopening of a meaningful China growth channel and expanding the company’s AI data-center addressable market. Exclusive: Nvidia begins Vera CPU sales pitch to Chinese clients, sources say
• Positive Sentiment: New partnerships and product launches reinforced NVIDIA’s platform leadership, including its RTX Spark push for local AI inference, its collaboration with Microsoft on agentic AI, and healthcare AI work with Abridge. Nvidia Is Developing an AI Healthcare Model With Startup Abridge
• Positive Sentiment: Institutional and thematic commentary continued to support the stock, with articles highlighting strong Blackwell demand, a favorable AI spending backdrop, and the idea that NVDA could benefit from the current wave of AI infrastructure buildouts. NVIDIA’s Outlook Gains Momentum: Stock Price to Follow
• Neutral Sentiment: Some market coverage framed NVIDIA as part of a broader tech rotation, with chip stocks moving differently from the mega-cap AI leaders as investors reassessed valuation and near-term expectations. Nvidia stock slips despite China push, strong AI demand outlook
• Negative Sentiment: Bearish and comparative pieces argued that other AI names like Micron or AMD may offer better near-term upside, which can weigh on sentiment toward NVDA even if the company’s fundamentals remain strong. Micron vs. NVIDIA: One AI Stock Is a Clear Buy Right Now

NVIDIA Stock Performance

NVDA stock opened at $205.19 on Friday. The business's fifty day moving average is $206.84 and its 200-day moving average is $191.34. 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 company has a market cap of $4.97 trillion, a P/E ratio of 31.42, a price-to-earnings-growth ratio of 0.46 and a beta of 2.22. NVIDIA Corporation has a twelve month low of $140.85 and a twelve month high of $236.54.

NVIDIA (NASDAQ:NVDA - Get Free Report) last issued its quarterly earnings data on Wednesday, May 20th. The computer hardware maker reported $1.87 EPS for the quarter, topping the consensus estimate of $1.76 by $0.11. The business had revenue of $81.62 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 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 forecast that NVIDIA Corporation will post 8.65 EPS for the current year.

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 dividend of $0.25 per share. This represents a $1.00 annualized dividend and a yield of 0.5%. The ex-dividend date of this dividend is Thursday, June 4th. This is a boost from NVIDIA's previous quarterly dividend of $0.01. NVIDIA's dividend payout ratio (DPR) is 15.31%.

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

Insider Buying and Selling at NVIDIA

In other news, CFO Colette Kress sold 20,000 shares of the company's stock in a transaction dated Friday, March 20th. The stock was sold at an average price of $174.89, for a total transaction of $3,497,800.00. Following the completion of the transaction, the chief financial officer directly owned 83,060 shares of the company's stock, valued at $14,526,363.40. This represents a 19.41% decrease in their ownership of the stock. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is available at this hyperlink. Also, Director Mark A. Stevens sold 500,000 shares of the company's stock in a transaction dated Thursday, June 4th. The stock was sold at an average price of $219.83, for a total value of $109,915,000.00. Following the transaction, the director directly owned 6,399,771 shares of the company's stock, valued at $1,406,861,658.93. This represents a 7.25% decrease in their ownership of the stock. The disclosure for this sale is available in the SEC filing. Insiders have sold a total of 1,619,457 shares of company stock worth $332,073,643 in the last three months. 3.94% of the stock is owned by insiders.

NVIDIA Company 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.

This instant news alert was generated by narrative science technology and financial data from MarketBeat in order to provide readers with the fastest reporting and unbiased coverage. Please send any questions or comments about this story to contact@marketbeat.com.