NVIDIA Corporation $NVDA Shares Sold by Brookstone Capital Management

Key Points

• Brookstone Capital Management cut its NVIDIA stake by 3.3% in the first quarter, selling 31,108 shares and leaving it with 902,023 shares valued at about $157.3 million.
• NVIDIA reported a strong latest quarter, with EPS of $1.87 and revenue of $81.61 billion, both above analyst expectations and up sharply year over year.
• The company also boosted shareholder returns by announcing a quarterly dividend increase to $0.25 and authorizing an $80 billion share buyback plan.

Brookstone Capital Management decreased its position in shares of NVIDIA Corporation (NASDAQ:NVDA - Free Report) by 3.3% during the 1st quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The firm owned 902,023 shares of the computer hardware maker's stock after selling 31,108 shares during the period. NVIDIA comprises approximately 1.8% of Brookstone Capital Management's holdings, making the stock its 4th biggest holding. Brookstone Capital Management's holdings in NVIDIA were worth $157,313,000 at the end of the most recent quarter.

Other institutional investors have also recently added to or reduced their stakes in the company. Lifetime Wealth Management P.C. acquired a new position in shares of NVIDIA in the 4th quarter valued at approximately $26,000. Longfellow Investment Management Co. LLC grew its position in shares of 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 buying an additional 67 shares in the last quarter. Inspire Investing LLC acquired a new stake in shares of NVIDIA during the fourth quarter worth approximately $44,000. AlphaCentric Advisors LLC bought a new stake in shares of NVIDIA in the fourth quarter worth $45,000. Finally, Spurstone Advisory Services LLC bought a new stake in shares of NVIDIA in the second quarter worth $40,000. Institutional investors and hedge funds own 65.27% of the company's stock.

NVIDIA Stock Down 1.6%

NVDA stock opened at $195.74 on Friday. The firm has a market cap of $4.74 trillion, a price-to-earnings ratio of 29.98, a PEG ratio of 0.44 and a beta of 2.22. NVIDIA Corporation has a 1-year low of $151.49 and a 1-year high of $236.54. The firm has a fifty day moving average price of $210.79 and a two-hundred day moving average price of $193.00. The company has a debt-to-equity ratio of 0.04, a current ratio of 3.44 and a quick ratio of 2.85.

NVIDIA (NASDAQ:NVDA - Get Free Report) last posted its quarterly earnings results on Wednesday, May 20th. The computer hardware maker reported $1.87 earnings per share (EPS) for the quarter, topping analysts' consensus estimates 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 the consensus estimate of $78.42 billion. During the same period last year, the firm posted $0.81 EPS. The company's revenue for the quarter was up 85.2% on a year-over-year basis. Research analysts predict that NVIDIA Corporation will post 8.69 EPS for the current year.

NVIDIA Increases Dividend

The firm also recently announced a quarterly dividend, which will be paid on Friday, June 26th. Shareholders of record on Thursday, June 4th will be issued a $0.25 dividend. This is an increase from NVIDIA's previous quarterly dividend of $0.01. This represents a $1.00 dividend on an annualized basis and a yield of 0.5%. The ex-dividend date of this dividend is Thursday, June 4th. NVIDIA's dividend payout ratio is 15.31%.

NVIDIA announced that its board has authorized a share buyback plan on Wednesday, May 20th that allows the company to buyback $80.00 billion in outstanding shares. This buyback authorization allows the computer hardware maker to reacquire up to 1.5% of its shares through open market purchases. Shares buyback plans are usually an indication that the company's management believes its stock is undervalued.

Key Stories Impacting NVIDIA

Here are the key news stories impacting NVIDIA this week:

• Positive Sentiment: Micron’s strong earnings and commentary around booming AI infrastructure spending are lifting the broader chip sector, supporting the view that NVIDIA’s data-center demand remains robust. Why Is NVIDIA Stock Gaining Thursday?
• Positive Sentiment: Analysts continue to frame NVIDIA as a core AI leader, with bullish notes citing strong revenue growth, healthy margins, and continued hyperscaler demand for Blackwell and other AI products. NVIDIA: AI Dominance With More Room To Run
• Positive Sentiment: NVIDIA also has company-specific support from its expanding AI ecosystem, including new partnerships and use cases in life sciences, robotics, and energy-related data center applications. Tecan Accelerates Data-Driven Lab Journey With Agentic AI Developments Powered by NVIDIA
• Neutral Sentiment: The company’s strong latest quarter still provides a solid backdrop, with NVIDIA beating EPS and revenue estimates and reporting sharp year-over-year growth, reinforcing its fundamental strength.
• Negative Sentiment: Competition is getting louder, with Qualcomm and other rivals pushing harder into AI data centers, which is pressuring sentiment around NVIDIA’s long-term pricing power and software moat. Qualcomm’s $4B AI Deal Takes Aim at NVIDIA’s Software Moat
• Negative Sentiment: There is also fresh headline risk from a lower analyst price target and insider share sales, which can add caution when the stock is already trading near a high valuation. MarketScreener
• Negative Sentiment: Broader AI-chip skepticism and reports of intensifying competition in chips are also weighing on sentiment, helping explain why NVIDIA is not fully participating in the semiconductor rally. Why Nvidia stock isn't joining the Micron-led surge today

Wall Street Analysts Forecast Growth

NVDA has been the topic of a number of research analyst reports. William Blair reiterated an "outperform" rating on shares of NVIDIA in a research note on Tuesday, June 2nd. Evercore reissued an "outperform" rating and issued a $413.00 target price (up from $352.00) on shares of NVIDIA in a research report on Thursday, May 21st. Wedbush upped their target price on shares of NVIDIA from $300.00 to $330.00 and gave the company an "outperform" rating in a research note on Thursday, May 21st. Weiss Ratings restated a "buy (b)" rating on shares of NVIDIA in a research note on Friday, April 10th. Finally, Citigroup assumed coverage on shares of NVIDIA in a research report on Wednesday, April 15th. They set a "buy" rating on the stock. Three analysts have rated the stock with a Strong Buy rating, forty-eight have issued a Buy rating and three have assigned a Hold rating to the company's stock. Based on data from MarketBeat, NVIDIA presently has an average rating of "Buy" and a consensus price target of $303.84.

Insiders Place Their Bets

In other NVIDIA news, Director Stephen C. Neal sold 15,500 shares of NVIDIA stock in a transaction that occurred on Wednesday, June 3rd. The stock was 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 directly owned 116,135 shares in the company, valued at $25,053,803.55. The trade was a 11.77% decrease in their ownership of the stock. The sale was disclosed in a legal filing with the SEC, which is available at this link. Also, Director John Dabiri sold 625 shares of the company's 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 transaction, the director directly owned 14,163 shares of the company's stock, valued at $3,030,882. This trade represents a 4.23% decrease in their ownership of the stock. 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 valued at $410,583,015 over the last quarter. Insiders own 3.94% of the company's stock.

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.

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