NVIDIA Corporation $NVDA Shares Sold by Keel Point LLC

Key Points

• Keel Point LLC cut its NVIDIA stake by 21.6% in the first quarter, selling 40,436 shares and retaining 146,676 shares valued at approximately $25.6 million. Institutional investors and hedge funds collectively own 65.27% of NVIDIA.
• Analysts remain broadly bullish, with 48 Buy and three Strong Buy ratings and a consensus price target of $304.26. Recent targets range from $270 to $330.
• NVIDIA reported quarterly earnings and revenue above expectations, while also raising its dividend and authorizing an $80 billion share-repurchase plan. However, insider selling totaled about $410.6 million over the past 90 days.

Keel Point LLC reduced its position in shares of NVIDIA Corporation (NASDAQ:NVDA - Free Report) by 21.6% in the 1st quarter, according to its most recent disclosure with the Securities & Exchange Commission. The institutional investor owned 146,676 shares of the computer hardware maker's stock after selling 40,436 shares during the period. NVIDIA makes up approximately 1.7% of Keel Point LLC's portfolio, making the stock its 11th largest position. Keel Point LLC's holdings in NVIDIA were worth $25,580,000 at the end of the most recent quarter.

A number of other hedge funds have also recently added to or reduced their stakes in NVDA. Diversified Enterprises LLC increased its holdings in NVIDIA by 44.2% in the fourth quarter. Diversified Enterprises LLC now owns 127,604 shares of the computer hardware maker's stock valued at $23,798,000 after buying an additional 39,129 shares in the last quarter. Altshuler Shaham Ltd boosted its stake in shares of NVIDIA by 6,451.9% during the 1st quarter. Altshuler Shaham Ltd now owns 637,236 shares of the computer hardware maker's stock worth $111,134,000 after acquiring an additional 627,510 shares in the last quarter. ASR Vermogensbeheer N.V. grew its holdings in shares of NVIDIA by 1.8% in the 4th quarter. ASR Vermogensbeheer N.V. now owns 3,169,377 shares of the computer hardware maker's stock worth $591,086,000 after acquiring an additional 54,877 shares during the period. Storen Legacy Partners LLC acquired a new stake in shares of NVIDIA in the 4th quarter worth approximately $1,350,000. Finally, Weaver Capital Management LLC increased its stake in NVIDIA by 5.5% in the 4th quarter. Weaver Capital Management LLC now owns 85,216 shares of the computer hardware maker's stock valued at $15,893,000 after purchasing an additional 4,439 shares in the last quarter. Institutional investors and hedge funds own 65.27% of the company's stock.

Analysts Set New Price Targets

Several equities analysts recently issued reports on the company. Citic Securities lifted their price objective on NVIDIA from $242.00 to $315.00 and gave the stock a "buy" rating in a report on Friday, May 22nd. Argus upped their target price on NVIDIA from $220.00 to $270.00 and gave the company a "buy" rating in a report on Thursday, May 21st. Raymond James Financial restated a "strong-buy" rating and issued a $330.00 price target on shares of NVIDIA in a research report on Thursday, May 21st. Truist Financial boosted their price objective on shares of NVIDIA from $287.00 to $307.00 and gave the stock a "buy" rating in a research report on Thursday, May 21st. Finally, KeyCorp reissued an "overweight" rating and issued a $330.00 price objective (up from $310.00) on shares of NVIDIA in a research note on Tuesday, July 14th. Three research analysts have rated the stock with a Strong Buy rating, forty-eight have issued a Buy rating and two have assigned a Hold rating to the company. According to data from MarketBeat, the company has an average rating of "Buy" and a consensus target price of $304.26.

NVIDIA Stock Performance

NASDAQ NVDA opened at $217.50 on Wednesday. NVIDIA Corporation has a fifty-two week low of $164.07 and a fifty-two week high of $236.54. The stock has a market cap of $5.26 trillion, a price-to-earnings ratio of 33.31, a price-to-earnings-growth ratio of 0.42 and a beta of 2.23. The business has a fifty day moving average of $205.42 and a 200-day moving average of $197.78. The company has a quick ratio of 2.85, a current ratio of 3.44 and a debt-to-equity ratio of 0.04.

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. The business had revenue of $81.61 billion for the quarter, compared to analyst estimates of $78.42 billion. NVIDIA had a return on equity of 96.94% and a net margin of 62.97%.The business's revenue for the quarter was up 85.2% compared to the same quarter last year. During the same quarter last year, the company earned $0.81 earnings per share. As a group, analysts predict that NVIDIA Corporation will post 8.79 earnings per share for the current fiscal year.

NVIDIA Increases Dividend

The company also recently declared 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. The ex-dividend date of this dividend was Thursday, June 4th. This represents a $1.00 annualized dividend and a dividend yield of 0.5%. This is an increase from NVIDIA's previous quarterly dividend of $0.01. NVIDIA's dividend payout ratio is 15.31%.

NVIDIA announced that its Board of Directors has approved a share buyback plan on Wednesday, May 20th that allows the company to repurchase $80.00 billion in shares. This repurchase authorization allows the computer hardware maker to buy up to 1.5% of its shares through open market purchases. Shares repurchase plans are usually an indication that the company's leadership believes its shares are undervalued.

Insider Transactions at NVIDIA

In related news, Director Stephen C. Neal sold 15,500 shares of the firm's stock in a transaction that occurred on 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 sale, the director owned 116,135 shares in the company, valued at approximately $25,053,803.55. This trade represents a 11.77% decrease in their ownership of the stock. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which can be accessed through this hyperlink. Also, Director Mark A. Stevens sold 885,000 shares of NVIDIA stock in a transaction that occurred on Thursday, June 18th. The stock was sold at an average price of $210.17, for a total transaction of $186,000,450.00. Following the completion of the sale, the director directly owned 5,207,271 shares of the company's stock, valued at $1,094,412,146.07. The trade was a 14.53% decrease in their ownership of the stock. Additional details regarding this sale are available in the official SEC disclosure. Insiders sold a total of 1,901,125 shares of company stock worth $410,583,015 over the last ninety days. 3.94% of the stock is currently owned by corporate insiders.

NVIDIA News Summary

Here are the key news stories impacting NVIDIA this week:

• Positive Sentiment: NVIDIA is partnering with Apollo, BlackRock, Blackstone, Brookfield, Goldman Sachs and KKR to mobilize more than $500 billion in third-party capital for AI data centers, power infrastructure and GPU deployments. The initiative could accelerate customer purchases without requiring NVIDIA to fund the entire buildout directly. Nvidia Just Recruited Wall Street to Help Fund $500 Billion in AI Infrastructure
• Positive Sentiment: CEO Jensen Huang’s characterization of GPUs as “revenue-generating assets” supports a broader financing market for computing capacity. However, NVIDIA may provide residual-value support of up to 25% in some transactions, potentially helping overcome lender concerns and expanding demand for its systems. Nvidia Partners With Major Wall Street Players to Raise $500B
• Positive Sentiment: IBM and Together AI signed a multiyear, $240 million agreement to build an NVIDIA-powered AI inference cluster on IBM Cloud, providing a concrete commercial validation of continued demand for NVIDIA systems. IBM and Together AI Ink $240 Million Deal
• Positive Sentiment: Wells Fargo reaffirmed an Overweight rating with a $315 price target, while Bank of America maintained a Buy rating and expects NVIDIA’s August 26 earnings report could begin a multiquarter estimate-upgrade cycle. Wells Fargo on NVIDIA
• Positive Sentiment: Reports that NVIDIA is developing Nemotron 4 open-source models, following the release of Nemotron 3.5 Lightning, suggest the company is expanding beyond hardware into software that could lower customers’ AI costs and strengthen platform adoption. NVIDIA Is Developing Nemotron 4 Open-Source Models
• Neutral Sentiment: Investors are awaiting fiscal second-quarter results on August 26. Recent coverage points to roughly $91 billion in company guidance, with upside estimates near $94–$95 billion; the report is likely to determine whether the financing announcement translates into stronger operating expectations.
• Neutral Sentiment: Cathie Wood’s ARK Invest reportedly added NVIDIA shares, offering a modest sentiment boost, while reports of an asset-manager stake reduction and a congressional sale are unlikely to materially affect the company’s fundamentals.
• Negative Sentiment: Analysts warn that NVIDIA’s potential residual-value guarantees could expose it to losses if AI projects fail or GPU prices decline. Rapid hardware depreciation, particularly if China supplies cheaper computing capacity, could weaken the collateral backing the financing.
• Negative Sentiment: The strategy has prompted “circular financing” concerns: NVIDIA helps finance customers that then buy NVIDIA hardware. Critics fear this could inflate demand temporarily, increase credit risk and make the stock more vulnerable if AI infrastructure spending slows. Why Jensen Huang’s $500 Billion AI Financing Plan Faces China Risk
• Negative Sentiment: Microsoft’s development of custom AI silicon and Broadcom’s faster-growing custom-chip business highlight longer-term competitive risks to NVIDIA’s dominant position, even as near-term demand remains strong.

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.

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.

Continue following MarketBeat

Add MarketBeat as your preferred source on Google to see our latest stories in your feed.

Add As Preferred Source