NVIDIA Corporation $NVDA Shares Sold by Cerro Pacific Wealth Advisors LLC

Key Points

• Cerro Pacific Wealth Advisors trimmed its NVIDIA stake by 2.9% in the fourth quarter, though the stock still represented its fourth-largest holding at about $15.6 million.
• Analyst sentiment remains very bullish, with multiple firms reiterating Buy or Strong Buy ratings and the consensus target price sitting around $305.38.
• NVIDIA reported strong quarterly results, beating EPS and revenue estimates, while also announcing a higher quarterly dividend and an $80 billion share buyback authorization.

Cerro Pacific Wealth Advisors LLC cut its holdings in NVIDIA Corporation (NASDAQ:NVDA - Free Report) by 2.9% in the 4th quarter, according to its most recent 13F filing with the SEC. The firm owned 83,868 shares of the computer hardware maker's stock after selling 2,469 shares during the period. NVIDIA comprises approximately 4.2% of Cerro Pacific Wealth Advisors LLC's holdings, making the stock its 4th biggest position. Cerro Pacific Wealth Advisors LLC's holdings in NVIDIA were worth $15,641,000 as of its most recent SEC filing.

Several other hedge funds and other institutional investors have also modified their holdings of the business. Longfellow Investment Management Co. LLC lifted its position in NVIDIA by 47.9% in the 2nd quarter. Longfellow Investment Management Co. LLC now owns 207 shares of the computer hardware maker's stock valued at $33,000 after purchasing an additional 67 shares during the last quarter. Spurstone Advisory Services LLC bought a new stake in NVIDIA in the 2nd quarter valued at about $40,000. Syntax Research Inc. lifted its position in NVIDIA by 62.5% in the 4th quarter. Syntax Research Inc. now owns 260 shares of the computer hardware maker's stock valued at $49,000 after purchasing an additional 100 shares during the last quarter. Sellwood Investment Partners LLC bought a new stake in NVIDIA in the 3rd quarter valued at about $50,000. Finally, Networth Advisors LLC bought a new stake in NVIDIA in the 4th quarter valued at about $51,000. 65.27% of the stock is owned by institutional investors and hedge funds.

Analyst Ratings Changes

NVDA has been the topic of several research analyst reports. Sanford C. Bernstein reissued an "outperform" rating on shares of NVIDIA in a research note on Thursday, May 21st. Rosenblatt Securities reissued a "buy" rating and set a $325.00 target price on shares of NVIDIA in a research note on Thursday, May 21st. KeyCorp set a $310.00 target price on shares of NVIDIA and gave the company an "overweight" rating in a research note on Thursday, May 21st. Citigroup began coverage on shares of NVIDIA in a research note on Wednesday, April 15th. They set a "buy" rating on the stock. Finally, Wall Street Zen upgraded shares of NVIDIA from a "buy" rating to a "strong-buy" rating in a research report on Saturday, May 23rd. Three investment analysts have rated the stock with a Strong Buy rating, forty-eight have given a Buy rating and three have issued a Hold rating to the company. Based on data from MarketBeat, the stock presently has a consensus rating of "Buy" and a consensus target price of $305.38.

NVIDIA News Roundup

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 Buying and Selling

In other news, 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 value of $555,439.60. Following the transaction, the director owned 14,788 shares in the company, valued at $2,734,301.20. This represents a 16.88% decrease in their position. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is available at this link. Also, Director Aarti S. Shah sold 19,000 shares of the business's stock in a transaction that occurred on Thursday, March 19th. The shares were sold at an average price of $176.71, for a total transaction of $3,357,490.00. Following the transaction, the director directly owned 36,007 shares in the company, valued at $6,362,796.97. The trade was a 34.54% decrease in their ownership of the stock. Additional details regarding this sale are available in the official SEC disclosure. Insiders have sold 906,336 shares of company stock worth $162,802,518 over the last ninety days. 3.94% of the stock is currently owned by corporate insiders.

NVIDIA Price Performance

NVDA stock opened at $212.60 on Thursday. The company has a current ratio of 3.44, a quick ratio of 2.85 and a debt-to-equity ratio of 0.04. NVIDIA Corporation has a one year low of $132.92 and a one year high of $236.54. The firm has a market capitalization of $5.14 trillion, a PE ratio of 32.56, a P/E/G ratio of 0.52 and a beta of 2.25. The firm has a 50-day moving average of $198.02 and a two-hundred day moving average of $189.36.

NVIDIA (NASDAQ:NVDA - Get Free Report) last posted 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. NVIDIA had a net margin of 62.97% and a return on equity of 96.94%. The company had revenue of $81.62 billion during the quarter, compared to analyst estimates of $78.42 billion. During the same period in the prior year, the firm earned $0.81 earnings per share. The business's quarterly revenue was up 85.2% on a year-over-year basis. On average, analysts forecast that NVIDIA Corporation will post 8.04 earnings per share for the current year.

NVIDIA Increases Dividend

The firm also recently announced a quarterly dividend, which will be paid on Friday, June 26th. Stockholders of record on Thursday, June 4th will be issued a $0.25 dividend. The ex-dividend date is Thursday, June 4th. This represents a $1.00 dividend on an annualized basis and a dividend yield of 0.5%. This is a positive change from NVIDIA's previous quarterly dividend of $0.01. NVIDIA's dividend payout ratio is currently 0.61%.

NVIDIA declared that its Board of Directors has approved a share 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 typically a sign that the company's board believes its stock is undervalued.

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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