NVIDIA Corporation $NVDA Shares Sold by Meadow Creek Wealth Advisors LLC

Key Points

• Meadow Creek Wealth Advisors cut its NVIDIA stake by 8.3% in the first quarter, selling 3,321 shares and leaving it with 36,541 shares worth about $6.37 million. NVIDIA remains the firm’s 4th-largest holding, representing about 4.1% of its portfolio.
• NVIDIA reported strong quarterly results, with EPS of $1.87 beating estimates and revenue of $81.61 billion topping expectations. Revenue jumped 85.2% year over year, and analysts now forecast 8.79 EPS for the current fiscal year.
• The company also boosted shareholder returns by authorizing an $80 billion share buyback and increasing its quarterly dividend to $0.25 from $0.01. Institutional ownership remains high at 65.27%, while analysts maintain a “Moderate Buy” consensus with a $304.26 target price.

Meadow Creek Wealth Advisors LLC lowered its position in NVIDIA Corporation (NASDAQ:NVDA - Free Report) by 8.3% in the first quarter, according to its most recent 13F filing with the Securities and Exchange Commission. The firm owned 36,541 shares of the computer hardware maker's stock after selling 3,321 shares during the quarter. NVIDIA accounts for about 4.1% of Meadow Creek Wealth Advisors LLC's holdings, making the stock its 4th largest position. Meadow Creek Wealth Advisors LLC's holdings in NVIDIA were worth $6,373,000 at the end of the most recent reporting period.

Other institutional investors have also bought and sold shares of the company. Lifetime Wealth Management P.C. bought a new position in NVIDIA in the 4th quarter valued at $26,000. Longview Financial Advisors Inc. bought a new stake in shares of NVIDIA in the 1st quarter valued at about $27,000. Longfellow Investment Management Co. LLC raised its holdings in NVIDIA by 47.9% in the second quarter. Longfellow Investment Management Co. LLC now owns 207 shares of the computer hardware maker's stock worth $33,000 after purchasing an additional 67 shares during the period. Spurstone Advisory Services LLC acquired a new stake in NVIDIA during the 2nd quarter worth $40,000. Finally, Inspire Investing LLC acquired a new stake in NVIDIA during the 4th quarter worth approximately $44,000. Institutional investors and hedge funds own 65.27% of the company's stock.

More NVIDIA News

Here are the key news stories impacting NVIDIA this week:

• Positive Sentiment: NVIDIA expanded Omniverse libraries in Agent Toolkit, strengthening its physical AI and simulation software ecosystem. Article Title
• Positive Sentiment: Bristol Myers Squibb expanded use of NVIDIA systems for drug discovery, highlighting demand beyond traditional tech customers. Article Title
• Positive Sentiment: QumulusAI bought 1,632 Blackwell GPUs, signaling continued strong appetite for NVIDIA’s AI hardware. Article Title
• Neutral Sentiment: Analysts and market commentary continue to frame NVIDIA as a long-term AI winner, but many pieces are mostly valuation-focused rather than new fundamental catalysts. Article Title
• Negative Sentiment: AMD’s Microsoft-backed Helios launch has intensified concerns about competitive pressure in AI data centers. Article Title
• Negative Sentiment: Broader semiconductor selloff and “AI bubble” worries may be capping upside and keeping investors cautious. Article Title

NVIDIA Price Performance

Shares of NASDAQ:NVDA opened at $203.28 on Tuesday. NVIDIA Corporation has a twelve month low of $164.07 and a twelve month high of $236.54. The firm has a market capitalization of $4.92 trillion, a price-to-earnings ratio of 31.13, a PEG ratio of 0.45 and a beta of 2.21. The stock's 50 day moving average is $209.31 and its 200-day moving average is $195.26. 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 earnings results on Wednesday, May 20th. The computer hardware maker reported $1.87 earnings per share for the quarter, beating analysts' consensus estimates of $1.76 by $0.11. The company 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 company's revenue for the quarter was up 85.2% on a year-over-year basis. During the same quarter last year, the company earned $0.81 earnings per share. Sell-side analysts forecast that NVIDIA Corporation will post 8.79 EPS for the current fiscal year.

NVIDIA declared that its board has authorized a share repurchase 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 purchase up to 1.5% of its stock through open market purchases. Stock repurchase plans are generally a sign that the company's management believes its shares are undervalued.

NVIDIA Increases Dividend

The firm also recently announced a quarterly dividend, which was paid on Friday, June 26th. Stockholders of record on Thursday, June 4th were paid a $0.25 dividend. This represents a $1.00 dividend on an annualized basis and a dividend yield of 0.5%. The ex-dividend date was Thursday, June 4th. This is a boost from NVIDIA's previous quarterly dividend of $0.01. NVIDIA's dividend payout ratio (DPR) is presently 15.31%.

Insider Buying and Selling at NVIDIA

In other news, Director John Dabiri sold 625 shares of the stock in a transaction that occurred on Wednesday, May 27th. The shares were sold at an average price of $214.00, for a total transaction of $133,750.00. Following the completion of the transaction, the director directly owned 14,163 shares of the company's stock, valued at $3,030,882. This represents a 4.23% decrease in their position. 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 stock in a transaction on Wednesday, June 3rd. The shares were sold at an average price of $215.73, for a total value of $3,343,815.00. Following the transaction, the director directly owned 116,135 shares of the company's stock, valued at approximately $25,053,803.55. This trade represents a 11.77% decrease in their ownership of the stock. The disclosure for this sale is available in the SEC filing. Insiders sold 1,901,125 shares of company stock worth $410,583,015 in the last quarter. 3.94% of the stock is currently owned by company insiders.

Wall Street Analyst Weigh In

A number of brokerages recently weighed in on NVDA. Cantor Fitzgerald reaffirmed an "overweight" rating and issued a $350.00 target price on shares of NVIDIA in a research note on Thursday, May 21st. Wedbush increased their price target 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. TD Cowen reiterated a "buy" rating and set a $275.00 target price (up from $235.00) on shares of NVIDIA in a research note on Friday, May 15th. BTIG Research started coverage on shares of NVIDIA in a report on Wednesday, April 15th. They set a "buy" rating for the company. Finally, KeyCorp reaffirmed an "overweight" rating and issued a $330.00 price objective (up from $310.00) on shares of NVIDIA in a report on Tuesday, July 14th. Two equities research analysts have rated the stock with a Strong Buy rating, forty-eight have assigned a Buy rating and three have given a Hold rating to the company. According to MarketBeat, the company currently has an average rating of "Moderate Buy" and a consensus target price of $304.26.

NVIDIA 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.

Want to see what other hedge funds are holding NVDA? Visit HoldingsChannel.com to get the latest 13F filings and insider trades for NVIDIA Corporation (NASDAQ:NVDA - Free Report).

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.