NVIDIA Corporation $NVDA Shares Sold by AdvisorNet Financial Inc

Key Points

• AdvisorNet Financial trimmed its NVIDIA stake by 3.3% in the first quarter, selling 4,487 shares and leaving it with 130,947 shares valued at about $22.8 million.
• Insider selling has also been notable, including director Stephen C. Neal and director John Dabiri, with insiders selling 1.9 million shares worth about $410.6 million over the past 90 days.
• NVIDIA’s latest results and outlook remain strong: it beat earnings and revenue estimates, launched an $80 billion share buyback, and increased its quarterly dividend to $0.25 per share while analysts mostly kept bullish ratings and price targets.

AdvisorNet Financial Inc cut its holdings in shares of NVIDIA Corporation (NASDAQ:NVDA - Free Report) by 3.3% during the 1st quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission. The firm owned 130,947 shares of the computer hardware maker's stock after selling 4,487 shares during the quarter. NVIDIA comprises approximately 1.2% of AdvisorNet Financial Inc's portfolio, making the stock its 18th biggest holding. AdvisorNet Financial Inc's holdings in NVIDIA were worth $22,837,000 as of its most recent SEC filing.

Other hedge funds and other institutional investors also recently added to or reduced their stakes in the company. Lifetime Wealth Management P.C. acquired a new position in NVIDIA in the fourth quarter valued at $26,000. Longfellow Investment Management Co. LLC increased its stake 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 last quarter. Inspire Investing LLC purchased a new position in shares of NVIDIA in the 4th quarter worth about $44,000. AlphaCentric Advisors LLC acquired a new position in shares of NVIDIA in the 4th quarter valued at about $45,000. Finally, Spurstone Advisory Services LLC acquired a new position in shares of NVIDIA in the 2nd quarter valued at about $40,000. Hedge funds and other institutional investors own 65.27% of the company's stock.

Insider Buying and Selling at NVIDIA

In other NVIDIA news, Director Stephen C. Neal sold 15,500 shares of the company's stock in a transaction dated Wednesday, June 3rd. The shares were sold at an average price of $215.73, for a total value of $3,343,815.00. Following the completion of the transaction, the director owned 116,135 shares in the company, valued at approximately $25,053,803.55. This represents a 11.77% decrease in their position. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is available at this link. Also, Director John Dabiri sold 625 shares of NVIDIA stock in a transaction that occurred on Wednesday, May 27th. The shares were sold at an average price of $214.00, for a total value of $133,750.00. Following the sale, 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 position. Additional details regarding this sale are available in the official SEC disclosure. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Insiders sold 1,901,125 shares of company stock valued at $410,583,015 in the last ninety days. Company insiders own 3.94% of the company's stock.

Wall Street Analyst Weigh In

A number of analysts recently issued reports on the stock. Raymond James Financial reissued a "strong-buy" rating and set a $330.00 target price on shares of NVIDIA in a research report on Thursday, May 21st. Wedbush lifted their price target on shares of NVIDIA from $300.00 to $330.00 and gave the company an "outperform" rating in a research report on Thursday, May 21st. Rothschild & Co Redburn boosted their price objective on shares of NVIDIA from $280.00 to $300.00 and gave the stock a "buy" rating in a research note on Tuesday, May 26th. William Blair reissued an "outperform" rating on shares of NVIDIA in a research report on Tuesday, June 2nd. Finally, Evercore reissued an "outperform" rating and issued a $413.00 target price (up from $352.00) on shares of NVIDIA in a research note on Thursday, May 21st. Three research analysts have rated the stock with a Strong Buy rating, forty-eight have issued a Buy rating and three have given a Hold rating to the company's stock. According to MarketBeat, the company has an average rating of "Buy" and an average target price of $303.84.

Key Headlines Impacting NVIDIA

Here are the key news stories impacting NVIDIA this week:

• Positive Sentiment: Several analysts and commentators still argue that NVIDIA’s growth story remains intact, citing strong demand for Blackwell chips, continuing hyperscaler spending, and the company’s entrenched CUDA software moat. Why Cerebras’ Mind-Boggling LLM Raw Speed Is Still Falling Into Nvidia’s Massive Software Trap
• Positive Sentiment: NVIDIA also benefited from coverage pointing to expanding AI infrastructure demand and new use cases, including AWS partnerships and data-center networking growth, which reinforce the company’s long-term AI leadership. NVIDIA (NVDA), AWS (AMZN) Partner to Boost Production-Scale AI with Blackwell-Powered Instances
• Neutral Sentiment: Optimistic pieces also highlighted NVIDIA’s valuation and long-term upside, arguing the stock may still have room to run if AI spending stays strong. How Much Upside Can NVDA Stock's Growth Deliver?
• Negative Sentiment: The main drag is a broad AI and semiconductor pullback, with reports saying the Nasdaq sold off sharply and NVIDIA fell alongside Micron and SanDisk as investors backed away from crowded tech trades. Stock Market Today: Small Caps Edge Lower As Dow Goes Flat; Heavy Construction Play Surges (Live Coverage)
• Negative Sentiment: There is also growing concern that competition is intensifying, with rivals and customers exploring custom chips and alternative AI hardware, which could pressure NVIDIA’s pricing power over time. Why everyone from OpenAI to SpaceX is building their own chips (and turning up the heat on Nvidia)

NVIDIA Trading Down 1.6%

NASDAQ:NVDA opened at $192.53 on Friday. NVIDIA Corporation has a 12-month low of $151.49 and a 12-month high of $236.54. The firm has a market capitalization of $4.66 trillion, a P/E ratio of 29.48, a P/E/G ratio of 0.43 and a beta of 2.22. 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 business has a 50 day simple moving average of $210.66 and a 200 day simple moving average of $193.00.

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 analysts' consensus estimates of $1.76 by $0.11. NVIDIA had a return on equity of 96.94% and a net margin of 62.97%.The firm had revenue of $81.61 billion during the quarter, compared to the consensus estimate of $78.42 billion. During the same period in the prior year, the business earned $0.81 EPS. The firm's revenue was up 85.2% on a year-over-year basis. Equities research analysts predict that NVIDIA Corporation will post 8.69 EPS for the current year.

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

NVIDIA Increases Dividend

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

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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