NVIDIA Corporation $NVDA Shares Sold by Avidian Wealth Enterprises LLC

Key Points

• Avidian Wealth Enterprises LLC trimmed its NVIDIA stake by 1.3% in the fourth quarter, but still held 649,508 shares worth about $121.1 million, making NVDA its third-largest holding.
• NVIDIA reported strong quarterly results, with earnings and revenue beating estimates and revenue rising 85.2% year over year; the company also announced an $80 billion stock buyback and boosted its quarterly dividend to $0.25 per share.
• Analyst sentiment remains broadly bullish, with several firms raising price targets and ratings, though some caution that valuation risk and insider selling could leave the stock vulnerable to profit-taking.

Avidian Wealth Enterprises LLC lowered its stake in shares of NVIDIA Corporation (NASDAQ:NVDA - Free Report) by 1.3% in the fourth quarter, according to its most recent 13F filing with the Securities & Exchange Commission. The firm owned 649,508 shares of the computer hardware maker's stock after selling 8,449 shares during the period. NVIDIA comprises about 4.4% of Avidian Wealth Enterprises LLC's investment portfolio, making the stock its 3rd biggest holding. Avidian Wealth Enterprises LLC's holdings in NVIDIA were worth $121,133,000 as of its most recent filing with the Securities & Exchange Commission.

A number of other institutional investors also recently modified their holdings of NVDA. Longfellow Investment Management Co. LLC boosted its stake in shares of NVIDIA by 47.9% during the 2nd quarter. Longfellow Investment Management Co. LLC now owns 207 shares of the computer hardware maker's stock valued at $33,000 after buying an additional 67 shares during the period. Spurstone Advisory Services LLC acquired a new stake in shares of NVIDIA during the 2nd quarter valued at $40,000. Syntax Research Inc. boosted its stake in shares of NVIDIA by 62.5% during the 4th quarter. Syntax Research Inc. now owns 260 shares of the computer hardware maker's stock valued at $49,000 after buying an additional 100 shares during the period. Sellwood Investment Partners LLC acquired a new stake in shares of NVIDIA in the 3rd quarter valued at $50,000. Finally, Networth Advisors LLC acquired a new stake in shares of NVIDIA in the 4th quarter valued at $51,000. Institutional investors and hedge funds own 65.27% of the company's stock.

NVIDIA News Summary

Here are the key news stories impacting NVIDIA this week:

• Positive Sentiment: Wall Street turned more constructive, with Tigress Financial raising its price target on NVIDIA to $425 and maintaining a strong-buy rating, while other firms reiterated bullish views on the company’s AI leadership.
• Positive Sentiment: Multiple reports highlighted NVIDIA’s blockbuster quarterly results, including strong data center revenue growth and management commentary that demand for Blackwell, networking, and broader AI infrastructure remains robust.
• Positive Sentiment: Jensen Huang reiterated that NVIDIA is positioned to benefit from the massive build-out of AI factories, and several articles noted the company’s expanding role across cloud, enterprise, and sovereign AI spending.
• Positive Sentiment: NVIDIA’s announced plan to spend heavily in Taiwan, including a new campus and deeper supply-chain investment, was viewed as a vote of confidence in its manufacturing ecosystem and AI demand outlook.
• Neutral Sentiment: Commentary from analysts and media outlets continued to frame NVIDIA as the central winner of the AI buildout, but some articles argued that much of that optimism may already be reflected in the stock price.
• Negative Sentiment: Bearish notes focused on valuation risk, with several pieces warning that NVIDIA is no longer cheap after its big run and that the market may be pricing in very strong future growth already.
• Negative Sentiment: One Reuters report said Taiwan authorities are investigating alleged smuggling of NVIDIA chips to China via Japan, which could add to geopolitical and export-control concerns around the company’s supply chain and China exposure.
• Negative Sentiment: Some investors also remain cautious because insider selling, crowded positioning, and recent pullbacks suggest the stock may be vulnerable to short-term profit-taking despite the strong fundamentals.

Insider Transactions at NVIDIA

In other NVIDIA news, EVP Ajay K. Puri sold 300,000 shares of the company's stock in a transaction dated Wednesday, March 18th. The shares were sold at an average price of $182.25, for a total transaction of $54,675,000.00. Following the sale, the executive vice president directly owned 3,018,547 shares of the company's stock, valued at approximately $550,130,190.75. This represents a 9.04% decrease in their ownership of the stock. The sale was disclosed in a filing with the Securities & Exchange Commission, which can be accessed through this link. Also, Director John Dabiri sold 3,004 shares of the company's stock in a transaction dated Friday, March 13th. The stock was sold at an average price of $184.90, for a total transaction of $555,439.60. Following the sale, the director directly owned 14,788 shares in the company, valued at $2,734,301.20. This represents a 16.88% decrease in their ownership of the stock. The SEC filing for this sale provides additional information. Over the last three months, insiders have sold 906,336 shares of company stock valued at $162,802,518. Corporate insiders own 3.94% of the company's stock.

Analyst Ratings Changes

Several equities research analysts recently issued reports on NVDA shares. Sanford C. Bernstein reaffirmed an "outperform" rating on shares of NVIDIA in a research note on Thursday, May 21st. Itau BBA Securities reaffirmed a "market perform" rating on shares of NVIDIA in a research note on Thursday, February 26th. Tigress Financial reaffirmed a "strong-buy" rating and issued a $425.00 price objective (up from $360.00) on shares of NVIDIA in a research note on Wednesday. Weiss Ratings reaffirmed a "buy (b)" rating on shares of NVIDIA in a research note on Friday, April 10th. Finally, Seaport Research Partners lifted their price objective on shares of NVIDIA from $140.00 to $180.00 and gave the company a "sell" rating in a research note on Thursday, May 21st. Three equities research analysts have rated the stock with a Strong Buy rating, forty-eight have assigned a Buy rating and three have issued a Hold rating to the company. According to MarketBeat.com, NVIDIA has an average rating of "Buy" and a consensus price target of $305.38.

NVIDIA Stock Down 1.1%

Shares of NVDA opened at $212.60 on Thursday. The company has a 50-day simple moving average of $198.02 and a 200-day simple moving average of $189.36. The firm has a market capitalization of $5.14 trillion, a P/E ratio of 32.56, a P/E/G ratio of 0.52 and a beta of 2.25. The company has a debt-to-equity ratio of 0.04, a quick ratio of 2.85 and a current ratio of 3.44. NVIDIA Corporation has a 52 week low of $132.92 and a 52 week 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 EPS for the quarter, beating analysts' consensus estimates of $1.76 by $0.11. The business had revenue of $81.62 billion during the quarter, compared to analyst estimates of $78.42 billion. NVIDIA had a net margin of 62.97% and a return on equity of 96.94%. The firm's revenue for the quarter was up 85.2% on a year-over-year basis. During the same quarter in the prior year, the business earned $0.81 earnings per share. On average, equities research analysts expect that NVIDIA Corporation will post 8.04 earnings per share for the current year.

NVIDIA announced that its board has approved a stock buyback plan on Wednesday, May 20th that authorizes the company to buyback $80.00 billion in outstanding shares. This buyback authorization authorizes the computer hardware maker to repurchase up to 1.5% of its shares through open market purchases. Shares buyback plans are usually a sign that the company's board of directors believes its shares are undervalued.

NVIDIA Increases Dividend

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

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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