NVIDIA Corporation $NVDA Shares Sold by Delta Global Management LP

Key Points

• Delta Global Management reduced its NVIDIA stake by 29.7%. The fund sold 68,806 shares and retained 162,899 shares worth approximately $28.4 million, with NVIDIA representing 2.3% of its portfolio.
• Institutional sentiment remains broadly supportive: hedge funds and other investors made additional purchases, and institutional investors collectively own 65.27% of NVIDIA. Analysts maintain a “Buy” consensus with an average price target of $304.26.
• NVIDIA continues to report strong growth and demand. Quarterly revenue rose 85.2% year over year and exceeded estimates, while AI infrastructure commitments support the outlook; however, supply-chain constraints, insider selling and elevated expectations remain risks.

Delta Global Management LP reduced its stake in NVIDIA Corporation (NASDAQ:NVDA - Free Report) by 29.7% during the 1st quarter, according to its most recent filing with the Securities and Exchange Commission. The fund owned 162,899 shares of the computer hardware maker's stock after selling 68,806 shares during the quarter. NVIDIA accounts for 2.3% of Delta Global Management LP's investment portfolio, making the stock its 11th biggest holding. Delta Global Management LP's holdings in NVIDIA were worth $28,410,000 as of its most recent filing with the Securities and Exchange Commission.

A number of other institutional investors have also modified their holdings of the stock. Diversified Enterprises LLC grew its holdings in NVIDIA by 44.2% during the fourth quarter. Diversified Enterprises LLC now owns 127,604 shares of the computer hardware maker's stock worth $23,798,000 after acquiring an additional 39,129 shares during the period. ASR Vermogensbeheer N.V. lifted its holdings in NVIDIA by 1.8% in the fourth quarter. ASR Vermogensbeheer N.V. now owns 3,169,377 shares of the computer hardware maker's stock valued at $591,086,000 after acquiring an additional 54,877 shares during the period. Storen Legacy Partners LLC purchased a new stake in shares of NVIDIA during the 4th quarter worth $1,350,000. Weaver Capital Management LLC boosted its position in shares of NVIDIA by 5.5% during the 4th quarter. Weaver Capital Management LLC now owns 85,216 shares of the computer hardware maker's stock worth $15,893,000 after purchasing an additional 4,439 shares in the last quarter. Finally, Arrowstreet Capital Limited Partnership grew its stake in shares of NVIDIA by 3.6% during the 4th quarter. Arrowstreet Capital Limited Partnership now owns 26,652,420 shares of the computer hardware maker's stock worth $4,970,704,000 after purchasing an additional 936,506 shares during the period. Institutional investors and hedge funds own 65.27% of the company's stock.

Key NVIDIA News

Here are the key news stories impacting NVIDIA this week:

• Positive Sentiment: SpaceX endorsement strengthens demand outlook: Elon Musk said SpaceX will build its AI infrastructure exclusively with NVIDIA chips, including Vera Rubin systems. The announcement supports expectations for substantial incremental GPU demand and contributed to NVIDIA’s recent rally. Nvidia Stock Is on the Rise After SpaceX Announcement
• Positive Sentiment: AI infrastructure demand remains robust: AZIO AI outlined a potential purchase of up to 128 NVIDIA HGX B300 systems valued at approximately $77 million, while Zayo announced plans to expand network capacity for NVIDIA-powered AI factories. These announcements reinforce demand for NVIDIA’s next-generation systems and surrounding infrastructure. AZIO AI Secures Sales Pipeline Zayo Teams with NVIDIA
• Positive Sentiment: Growth expectations remain elevated: Analysts and bullish commentary point to custom CPU expansion, networking, software and enterprise AI as potential long-term growth drivers beyond GPUs. NVIDIA’s August 26 earnings report is viewed as the next major catalyst, with several analysts maintaining buy ratings and price targets well above the current level. NVIDIA’s Custom CPU Expansion
• Neutral Sentiment: Short-term momentum is being debated: After the sharp rally, some traders are pausing because immediate catalysts may be limited before earnings, although analysts continue to cite strong hyperscaler spending and AI demand. NVIDIA Stock Slips After Five-Day Rally
• Negative Sentiment: Semiconductor and supply-chain risks are resurfacing: SanDisk’s weaker outlook pressured AI and memory shares, while reports that NVIDIA may reduce memory in future Rubin Ultra designs highlight high-bandwidth-memory bottlenecks. Proposed restrictions on Chinese AI components could also raise costs and complicate deployment.
• Negative Sentiment: Profit-taking and insider selling add caution: NVIDIA insiders have reported sales but no open-market purchases during the past six months. Michael Burry’s warning that AI stocks could become “future ghost towns” is also reinforcing concerns about elevated expectations, despite remaining a minority view.

NVIDIA Stock Performance

Shares of NVDA opened at $218.78 on Friday. The company has a current ratio of 3.44, a quick ratio of 2.85 and a debt-to-equity ratio of 0.04. The stock has a market cap of $5.29 trillion, a P/E ratio of 33.50, a PEG ratio of 0.43 and a beta of 2.23. The company has a 50-day moving average of $205.40 and a two-hundred day moving average of $197.00. NVIDIA Corporation has a 12-month low of $164.07 and a 12-month high of $236.54.

NVIDIA (NASDAQ:NVDA - Get Free Report) last announced its quarterly earnings results on Wednesday, May 20th. The computer hardware maker reported $1.87 earnings per share (EPS) for the quarter, beating the consensus estimate of $1.76 by $0.11. The company had revenue of $81.61 billion for the quarter, compared to the consensus estimate of $78.42 billion. NVIDIA had a net margin of 62.97% and a return on equity of 96.94%. The company's revenue for the quarter was up 85.2% compared to the same quarter last year. During the same quarter in the prior year, the firm earned $0.81 earnings per share. As a group, research analysts predict that NVIDIA Corporation will post 8.79 EPS for the current fiscal year.

NVIDIA Increases Dividend

The business also recently announced a quarterly dividend, which was paid on Friday, June 26th. Investors of record on Thursday, June 4th were paid a $0.25 dividend. 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 an increase from NVIDIA's previous quarterly dividend of $0.01. NVIDIA's dividend payout ratio is currently 15.31%.

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

Wall Street Analyst Weigh In

Several brokerages recently commented on NVDA. China Renaissance started coverage on shares of NVIDIA in a research note on Friday, June 5th. They issued a "buy" rating and a $319.00 price objective for the company. President Capital upped their target price on shares of NVIDIA from $280.00 to $295.00 and gave the stock a "buy" rating in a research report on Thursday, May 21st. BNP Paribas Exane increased their target price on shares of NVIDIA from $270.00 to $285.00 and gave the company an "outperform" rating in a report on Thursday, May 21st. Stifel Nicolaus set a $282.00 price target on shares of NVIDIA and gave the company a "buy" rating in a research report on Thursday, May 21st. Finally, KeyCorp reissued an "overweight" rating and set a $330.00 price target (up from $310.00) on shares of NVIDIA in a research note on Tuesday, July 14th. Three equities research analysts have rated the stock with a Strong Buy rating, forty-eight have assigned a Buy rating and two have assigned a Hold rating to the company. According to MarketBeat, the stock has an average rating of "Buy" and an average target price of $304.26.

Insiders Place Their Bets

In related news, Director John Dabiri sold 625 shares of the stock in a transaction on Wednesday, May 27th. The stock was sold at an average price of $214.00, for a total transaction of $133,750.00. Following the sale, the director 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 transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is available at the SEC website. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Also, Director Stephen C. Neal sold 15,500 shares of the business's stock in a transaction dated Wednesday, June 3rd. The shares were sold at an average price of $215.73, for a total transaction of $3,343,815.00. Following the completion of the transaction, the director directly owned 116,135 shares of the company's stock, valued at $25,053,803.55. The trade was a 11.77% decrease in their position. Additional details regarding this sale are available in the official SEC disclosure. Over the last 90 days, insiders sold 1,901,125 shares of company stock valued at $410,583,015. Corporate insiders own 3.94% of the company's stock.

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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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.

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