NVIDIA Corporation $NVDA Shares Sold by KPP Advisory Services LLC

Key Points

• KPP Advisory Services LLC cut its NVIDIA position by 22.8% in the first quarter, selling 20,128 shares and leaving it with 68,086 shares worth about $11.9 million.
• NVIDIA’s stock rose 4.0% to $210.96, while the company continues to show strong financial momentum with quarterly EPS and revenue both beating estimates and revenue up 85.2% year over year.
• The company also approved an 80 billion share buyback and raised its quarterly dividend to $0.25 from $0.01, signaling management confidence and returning more capital to shareholders.

KPP Advisory Services LLC trimmed its holdings in shares of NVIDIA Corporation (NASDAQ:NVDA - Free Report) by 22.8% in the first quarter, according to the company in its most recent filing with the SEC. The institutional investor owned 68,086 shares of the computer hardware maker's stock after selling 20,128 shares during the quarter. NVIDIA accounts for 1.7% of KPP Advisory Services LLC's holdings, making the stock its 10th biggest position. KPP Advisory Services LLC's holdings in NVIDIA were worth $11,874,000 as of its most recent SEC filing.

Other institutional investors have also recently bought and sold shares of the company. Lifetime Wealth Management P.C. bought a new position in shares of NVIDIA during the fourth quarter worth about $26,000. Longview Financial Advisors Inc. acquired a new position in shares of NVIDIA during the 1st quarter worth about $27,000. Longfellow Investment Management Co. LLC raised its holdings in 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 acquiring an additional 67 shares in the last quarter. Spurstone Advisory Services LLC acquired a new position in shares of NVIDIA during the 2nd quarter worth approximately $40,000. Finally, Inspire Investing LLC bought a new position in shares of NVIDIA in the fourth quarter valued at $44,000. Institutional investors own 65.27% of the company's stock.

NVIDIA Trading Up 4.0%

NASDAQ NVDA traded up $8.18 during trading hours on Friday, reaching $210.96. The company's stock had a trading volume of 148,048,515 shares, compared to its average volume of 131,546,280. The firm has a fifty day simple moving average of $209.48 and a 200-day simple moving average of $194.42. 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 Corporation has a 52 week low of $162.02 and a 52 week high of $236.54. The stock has a market cap of $5.11 trillion, a P/E ratio of 32.31, a P/E/G ratio of 0.46 and a beta of 2.21.

NVIDIA (NASDAQ:NVDA - Get Free Report) last posted its earnings results on Wednesday, May 20th. The computer hardware maker reported $1.87 earnings per share for the quarter, topping analysts' consensus estimates of $1.76 by $0.11. The firm had revenue of $81.61 billion for 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 company's revenue for the quarter was up 85.2% compared to the same quarter last year. During the same period in the previous year, the firm posted $0.81 EPS. Equities analysts forecast that NVIDIA Corporation will post 8.8 earnings per share for the current fiscal year.

NVIDIA declared that its board has authorized a stock buyback program 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 stock through open market purchases. Stock buyback programs are usually an indication that the company's management believes its stock is undervalued.

NVIDIA Increases Dividend

The firm also recently disclosed a quarterly dividend, which was paid on Friday, June 26th. Stockholders of record on Thursday, June 4th were given a $0.25 dividend. This is a boost from NVIDIA's previous quarterly dividend of $0.01. 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%. NVIDIA's dividend payout ratio is 15.31%.

Key Stories Impacting NVIDIA

Here are the key news stories impacting NVIDIA this week:

• Positive Sentiment: Analysts and commentators said NVDA’s lower valuation and dominant position in AI spending could make recent weakness a buying opportunity, with Bank of America and others highlighting strong long-term upside.
• Positive Sentiment: Reuters reported that Nvidia supplier King Yuan Electronics plans to invest up to $1.4 billion in a U.S. facility, reinforcing the scale of the AI hardware supply chain and ongoing buildout around NVIDIA. Article Title
• Positive Sentiment: NVIDIA also announced a partnership with Fervo to launch an EGS-Twin geothermal platform, adding another AI-related ecosystem collaboration that investors may view as supportive of future growth. Article Title
• Positive Sentiment: Coverage around Nvidia’s strong Q1 results and the company’s upbeat revenue guidance near $91 billion for the next quarter continues to underline that AI demand is still running hot.
• Neutral Sentiment: Media and trading activity around NVDA remains elevated, including options-flow commentary, “most watched” stock chatter, and repeated articles on its AI leadership, which can keep the shares volatile but do not change fundamentals on their own.
• Negative Sentiment: Some reports noted pressure from customers and competitors building in-house AI chips, and there was also discussion of a possible delay to NVIDIA’s next-gen Kyber rack-scale architecture, both of which could raise investor concerns about future margins and timing.

Insiders Place Their Bets

In other news, Director Mark A. Stevens sold 885,000 shares of the company's stock in a transaction dated Thursday, June 18th. The shares were sold at an average price of $210.17, for a total transaction of $186,000,450.00. Following the transaction, the director owned 5,207,271 shares in the company, valued at approximately $1,094,412,146.07. This represents a 14.53% decrease in their ownership of the stock. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is accessible through this link. Also, Director John Dabiri sold 625 shares of the firm's stock in a transaction dated Wednesday, May 27th. The shares were sold at an average price of $214.00, for a total value of $133,750.00. Following the completion of the sale, the director owned 14,163 shares of the company's stock, valued at approximately $3,030,882. This represents a 4.23% decrease in their ownership of the stock. Additional details regarding this sale are available in the official SEC disclosure. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. In the last three months, insiders have sold 1,901,125 shares of company stock worth $410,583,015. Corporate insiders own 3.94% of the company's stock.

Wall Street Analysts Forecast Growth

NVDA has been the subject of a number of recent analyst reports. Barclays reaffirmed an "overweight" rating on shares of NVIDIA in a research report on Thursday, May 21st. DA Davidson restated a "buy" rating and issued a $300.00 price target on shares of NVIDIA in a research note on Monday, June 1st. Bank of America reiterated a "buy" rating and issued a $350.00 price target (up from $320.00) on shares of NVIDIA in a research report on Thursday, May 21st. Zacks Research lowered NVIDIA from a "strong-buy" rating to a "hold" rating in a report on Thursday, May 21st. Finally, Citic Securities boosted their target price on shares of NVIDIA from $242.00 to $315.00 and gave the company a "buy" rating in a research report on Friday, May 22nd. Three 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 stock. Based on data from MarketBeat, the stock has an average rating of "Buy" and a consensus target price of $303.84.

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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