NVIDIA Corporation $NVDA Stock Holdings Lessened by Peregrine Asset Advisers Inc.

Key Points

• Peregrine Asset Advisers cut its NVIDIA stake by 15.3% in the fourth quarter, selling 11,842 shares and leaving it with 65,313 shares worth about $12.2 million. NVIDIA remains one of its largest holdings at 3.4% of the portfolio.
• Insider selling continued at NVIDIA, with Director Aarti S. Shah and CFO Colette Kress both trimming their holdings in March. Over the past three months, insiders sold 906,336 shares valued at $162.8 million.
• NVIDIA posted strong quarterly results, beating earnings and revenue estimates, and also authorized an $80 billion buyback while raising its quarterly dividend to $0.25 per share. Analysts remain broadly bullish, with a consensus rating of Buy and an average price target of $305.38.

Peregrine Asset Advisers Inc. reduced its stake in NVIDIA Corporation (NASDAQ:NVDA - Free Report) by 15.3% during the 4th quarter, according to its most recent Form 13F filing with the Securities & Exchange Commission. The institutional investor owned 65,313 shares of the computer hardware maker's stock after selling 11,842 shares during the quarter. NVIDIA comprises approximately 3.4% of Peregrine Asset Advisers Inc.'s portfolio, making the stock its 4th biggest holding. Peregrine Asset Advisers Inc.'s holdings in NVIDIA were worth $12,181,000 as of its most recent filing with the Securities & Exchange Commission.

Other institutional investors and hedge funds have also made changes to their positions in the company. Longfellow Investment Management Co. LLC lifted its position in shares of NVIDIA by 47.9% in the second quarter. Longfellow Investment Management Co. LLC now owns 207 shares of the computer hardware maker's stock valued at $33,000 after acquiring an additional 67 shares in the last quarter. Spurstone Advisory Services LLC purchased a new stake in shares of NVIDIA in the second quarter valued at $40,000. Syntax Research Inc. lifted its position in shares of NVIDIA by 62.5% in the fourth quarter. Syntax Research Inc. now owns 260 shares of the computer hardware maker's stock valued at $49,000 after acquiring an additional 100 shares in the last quarter. Sellwood Investment Partners LLC purchased a new stake in shares of NVIDIA in the third quarter valued at $50,000. Finally, Networth Advisors LLC purchased a new stake in shares of NVIDIA in the fourth quarter valued at $51,000. 65.27% of the stock is currently owned by hedge funds and other institutional investors.

Insider Activity at NVIDIA

In other NVIDIA news, Director Aarti S. Shah sold 19,000 shares of the company's stock in a transaction dated Thursday, March 19th. The stock was sold at an average price of $176.71, for a total transaction of $3,357,490.00. Following the completion of the sale, the director directly owned 36,007 shares in the company, valued at $6,362,796.97. This represents a 34.54% decrease in their ownership of the stock. The sale was disclosed in a legal filing with the SEC, which is available through this hyperlink. Also, CFO Colette Kress sold 20,000 shares of the company's stock in a transaction dated Friday, March 20th. The stock was sold at an average price of $174.89, for a total value of $3,497,800.00. Following the sale, the chief financial officer owned 83,060 shares of the company's stock, valued at $14,526,363.40. This represents a 19.41% decrease in their ownership of the stock. The SEC filing for this sale provides additional information. Insiders sold a total of 906,336 shares of company stock valued at $162,802,518 over the last three months. Insiders own 3.94% of the company's stock.

Key NVIDIA News

Here are the key news stories impacting NVIDIA this week:

• Positive Sentiment: Wall Street turned more constructive, with Tigress Financial raising its price target on NVIDIA to $425 and maintaining a strong-buy rating, while other firms reiterated bullish views on the company’s AI leadership.
• Positive Sentiment: Multiple reports highlighted NVIDIA’s blockbuster quarterly results, including strong data center revenue growth and management commentary that demand for Blackwell, networking, and broader AI infrastructure remains robust.
• Positive Sentiment: Jensen Huang reiterated that NVIDIA is positioned to benefit from the massive build-out of AI factories, and several articles noted the company’s expanding role across cloud, enterprise, and sovereign AI spending.
• Positive Sentiment: NVIDIA’s announced plan to spend heavily in Taiwan, including a new campus and deeper supply-chain investment, was viewed as a vote of confidence in its manufacturing ecosystem and AI demand outlook.
• Neutral Sentiment: Commentary from analysts and media outlets continued to frame NVIDIA as the central winner of the AI buildout, but some articles argued that much of that optimism may already be reflected in the stock price.
• Negative Sentiment: Bearish notes focused on valuation risk, with several pieces warning that NVIDIA is no longer cheap after its big run and that the market may be pricing in very strong future growth already.
• Negative Sentiment: One Reuters report said Taiwan authorities are investigating alleged smuggling of NVIDIA chips to China via Japan, which could add to geopolitical and export-control concerns around the company’s supply chain and China exposure.
• Negative Sentiment: Some investors also remain cautious because insider selling, crowded positioning, and recent pullbacks suggest the stock may be vulnerable to short-term profit-taking despite the strong fundamentals.

NVIDIA Stock Performance

Shares of NASDAQ:NVDA opened at $212.60 on Thursday. The firm has a market capitalization of $5.14 trillion, a PE ratio of 32.56, a P/E/G ratio of 0.52 and a beta of 2.25. The company has a debt-to-equity ratio of 0.04, a current ratio of 3.44 and a quick ratio of 2.85. The business has a 50-day moving average of $198.02 and a two-hundred day moving average of $189.36. NVIDIA Corporation has a 12 month low of $132.92 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 EPS for the quarter, topping the consensus estimate of $1.76 by $0.11. The company had revenue of $81.62 billion during 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 firm's revenue was up 85.2% on a year-over-year basis. During the same period in the prior year, the firm posted $0.81 earnings per share. As a group, research analysts forecast that NVIDIA Corporation will post 8.04 earnings per share for the current year.

NVIDIA announced that its Board of Directors has approved a stock buyback program on Wednesday, May 20th that permits the company to buyback $80.00 billion in shares. This buyback authorization permits the computer hardware maker to repurchase up to 1.5% of its stock through open market purchases. Stock buyback programs are typically a sign that the company's board of directors believes its stock is undervalued.

NVIDIA Increases Dividend

The company also recently declared a quarterly dividend, which will be paid on Friday, June 26th. Shareholders of record on Thursday, June 4th will be paid a dividend of $0.25 per share. This is a boost from NVIDIA's previous quarterly dividend of $0.01. This represents a $1.00 annualized dividend and a yield of 0.5%. The ex-dividend date is Thursday, June 4th. NVIDIA's payout ratio is currently 0.61%.

Analysts Set New Price Targets

Several analysts have recently issued reports on the company. Rosenblatt Securities restated a "buy" rating and issued a $325.00 price objective on shares of NVIDIA in a research report on Thursday, May 21st. Citic Securities upped their target price on NVIDIA from $242.00 to $315.00 and gave the company a "buy" rating in a research note on Friday, May 22nd. New Street Research dropped their target price on NVIDIA from $343.00 to $340.00 in a research note on Thursday, May 21st. HSBC reiterated a "buy" rating and issued a $325.00 target price (up from $295.00) on shares of NVIDIA in a research note on Tuesday, May 19th. Finally, Wells Fargo & Company reiterated an "overweight" rating and issued a $315.00 target price (up from $265.00) on shares of NVIDIA in a research note on Tuesday, May 12th. Three equities research analysts have rated the stock with a Strong Buy rating, forty-eight have given a Buy rating and three have issued a Hold rating to the company's stock. According to data from MarketBeat.com, NVIDIA presently has a consensus rating of "Buy" and a consensus price target of $305.38.

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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