NVIDIA Corporation $NVDA Stake Decreased by SevenBridge Financial Group LLC

Key Points

• SevenBridge Financial Group LLC trimmed its NVIDIA stake by 2.7% in the fourth quarter, selling 2,562 shares and leaving it with 93,031 shares worth about $17.35 million.
• NVIDIA reported strong quarterly results, with EPS of $1.87 versus $1.76 expected and revenue of $81.62 billion, up 85.2% year over year.
• The company boosted its quarterly dividend to $0.25 per share and authorized an $80 billion share repurchase plan, signaling confidence in future cash flow.

SevenBridge Financial Group LLC reduced its holdings in NVIDIA Corporation (NASDAQ:NVDA - Free Report) by 2.7% during the 4th quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission. The institutional investor owned 93,031 shares of the computer hardware maker's stock after selling 2,562 shares during the period. NVIDIA makes up 2.8% of SevenBridge Financial Group LLC's holdings, making the stock its 5th biggest position. SevenBridge Financial Group LLC's holdings in NVIDIA were worth $17,347,000 as of its most recent SEC filing.

Several other hedge funds and other institutional investors have also recently modified their holdings of NVDA. Norges Bank purchased a new position in shares of NVIDIA in the second quarter worth about $51,386,863,000. Capital Research Global Investors lifted its stake in shares of NVIDIA by 16.1% in the third quarter. Capital Research Global Investors now owns 165,377,852 shares of the computer hardware maker's stock worth $30,855,564,000 after buying an additional 22,896,705 shares in the last quarter. Laurel Wealth Advisors LLC lifted its stake in shares of NVIDIA by 15,496.1% in the second quarter. Laurel Wealth Advisors LLC now owns 21,865,525 shares of the computer hardware maker's stock worth $3,454,534,000 after buying an additional 21,725,326 shares in the last quarter. Danske Bank A S purchased a new position in shares of NVIDIA in the third quarter worth about $3,180,313,000. Finally, Massachusetts Financial Services Co. MA lifted its stake in shares of NVIDIA by 25.0% in the third quarter. Massachusetts Financial Services Co. MA now owns 71,720,593 shares of the computer hardware maker's stock worth $13,381,628,000 after buying an additional 14,358,048 shares in the last quarter. 65.27% of the stock is owned by hedge funds and other institutional investors.

NVIDIA Price Performance

Shares of NVDA opened at $215.33 on Tuesday. NVIDIA Corporation has a 1-year low of $129.16 and a 1-year high of $236.54. The stock has a market cap of $5.21 trillion, a PE ratio of 32.98, a P/E/G ratio of 0.67 and a beta of 2.25. The firm has a 50-day simple moving average of $196.74 and a two-hundred day simple moving average of $189.05. The company has a debt-to-equity ratio of 0.04, a current ratio of 3.44 and a quick ratio of 3.24.

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 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 business had revenue of $81.62 billion during the quarter, compared to analysts' expectations of $78.42 billion. During the same period last year, the business earned $0.81 earnings per share. The business's revenue for the quarter was up 85.2% on a year-over-year basis. As a group, analysts forecast that NVIDIA Corporation will post 7.98 EPS for the current year.

NVIDIA Increases Dividend

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

NVIDIA declared that its Board of Directors 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 buy up to 1.5% of its stock through open market purchases. Stock repurchase plans are typically a sign that the company's board believes its stock is undervalued.

Analyst Upgrades and Downgrades

Several equities analysts have recently weighed in on NVDA shares. Craig Hallum raised their price target on shares of NVIDIA from $245.00 to $275.00 and gave the stock a "buy" rating in a research note on Thursday, May 21st. Evercore restated an "outperform" rating and set a $413.00 price objective (up from $352.00) on shares of NVIDIA in a research report on Thursday. Deutsche Bank Aktiengesellschaft restated a "hold" rating and set a $255.00 price objective (up from $220.00) on shares of NVIDIA in a research report on Thursday. Daiwa Securities Group raised their price objective on shares of NVIDIA from $215.00 to $255.00 and gave the stock an "outperform" rating in a research report on Friday. Finally, KeyCorp set a $310.00 price objective on shares of NVIDIA and gave the stock an "overweight" rating in a research report on Thursday. Three equities research 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 company. According to data from MarketBeat, the stock presently has a consensus rating of "Buy" and an average target price of $303.27.

Key NVIDIA News

Here are the key news stories impacting NVIDIA this week:

• Positive Sentiment: NVIDIA’s latest results continued to reinforce the AI growth narrative, with articles highlighting record revenue, strong EPS growth, and management’s confidence in sustained data-center demand through 2030.
• Positive Sentiment: Several reports pointed to upside catalysts for NVDA, including bullish price-target commentary, claims that the market is underestimating AI infrastructure spending, and views that the stock still has room to run despite its huge rally.
• Positive Sentiment: Investor-friendly capital returns are also supporting sentiment, as NVIDIA boosted its dividend and approved an additional $80 billion in buybacks, signaling confidence in future cash generation.
• Neutral Sentiment: Multiple pieces focused on technical trading rather than business fundamentals, noting that NVIDIA is pulling back toward key support and that traders are watching whether the 20-day moving average holds. Nvidia (NVDA) Price Forecast: Pullback Tests Trend Structure
• Neutral Sentiment: Broader market commentary remains split, with some articles questioning AI’s hidden costs or warning about a narrow leadership trade, which may be encouraging investors to lock in gains after the stock’s strong multi-month advance.
• Negative Sentiment: Regulatory and competitive headlines added some caution, including reports that Jensen Huang urged Super Micro to tighten compliance amid Taiwan scrutiny and that Huawei is advancing its chip efforts, which could intensify long-term competition in semiconductors.

Insider Transactions at NVIDIA

In related news, Director Mark A. Stevens sold 221,682 shares of NVIDIA stock in a transaction that occurred on Friday, March 20th. The shares were sold at an average price of $173.68, for a total value of $38,501,729.76. Following the completion of the transaction, the director owned 7,399,771 shares in the company, valued at approximately $1,285,192,227.28. The trade was a 2.91% decrease in their ownership of the stock. The sale was disclosed in a document filed with the SEC, which is accessible through this hyperlink. Also, Director Aarti S. Shah sold 19,000 shares of NVIDIA 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 completion of the transaction, the director owned 36,007 shares of the company's stock, valued at $6,362,796.97. This trade represents a 34.54% decrease in their position. The disclosure for this sale is available in the SEC filing. In the last ninety days, insiders have sold 906,336 shares of company stock valued at $162,802,518. 4.17% of the stock is owned by corporate insiders.

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.

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