NVIDIA Corporation $NVDA Stock Position Lessened by Pacific Wealth Strategies Group Inc.

Key Points

• Pacific Wealth Strategies Group cut its NVIDIA stake by 45.6% in the first quarter, selling 29,834 shares and retaining 35,533 shares valued at approximately $6.2 million. Institutional investors still own 65.27% of the company.
• NVIDIA insiders sold approximately $410.6 million of stock during the latest quarter, including director Mark Stevens’ $186 million sale and director Stephen Neal’s $3.3 million sale.
• Despite the selling, NVIDIA reported quarterly revenue of $81.61 billion, up 85.2% year over year, and exceeded earnings expectations. Analysts maintain a consensus “Buy” rating with an average price target of $304.26, while the company authorized an $80 billion share-repurchase program and increased its dividend.

Pacific Wealth Strategies Group Inc. cut its stake in NVIDIA Corporation (NASDAQ:NVDA - Free Report) by 45.6% in the first quarter, according to its most recent Form 13F filing with the Securities & Exchange Commission. The firm owned 35,533 shares of the computer hardware maker's stock after selling 29,834 shares during the quarter. NVIDIA accounts for about 3.9% of Pacific Wealth Strategies Group Inc.'s investment portfolio, making the stock its 7th largest holding. Pacific Wealth Strategies Group Inc.'s holdings in NVIDIA were worth $6,197,000 as of its most recent filing with the Securities & Exchange Commission.

Other hedge funds have also recently made changes to their positions in the company. Lifetime Wealth Management P.C. bought a new stake in shares of NVIDIA in the fourth quarter worth $26,000. Longview Financial Advisors Inc. bought a new position in NVIDIA in the first quarter valued at about $27,000. Longfellow Investment Management Co. LLC lifted 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 valued at $33,000 after acquiring an additional 67 shares during the period. Spurstone Advisory Services LLC purchased a new position in NVIDIA in the second quarter worth about $40,000. Finally, Inspire Investing LLC purchased a new position in NVIDIA in the fourth quarter worth about $44,000. 65.27% of the stock is owned by hedge funds and other institutional investors.

Insiders Place Their Bets

In other news, Director Stephen C. Neal sold 15,500 shares of the business's stock in a transaction dated Wednesday, June 3rd. The stock was 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 in the company, valued at $25,053,803.55. The trade was a 11.77% decrease in their ownership of the stock. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which is available at this hyperlink. Also, Director Mark A. Stevens sold 885,000 shares of the company's stock in a transaction dated Thursday, June 18th. The stock was sold at an average price of $210.17, for a total value of $186,000,450.00. Following the completion of the transaction, the director directly owned 5,207,271 shares of the company's stock, valued at approximately $1,094,412,146.07. This trade represents a 14.53% decrease in their position. The disclosure for this sale is available in the SEC filing. In the last quarter, insiders sold 1,901,125 shares of company stock worth $410,583,015. Corporate insiders own 3.94% of the company's stock.

NVIDIA Trading Up 2.9%

NVIDIA stock opened at $200.75 on Friday. NVIDIA Corporation has a 12-month low of $164.07 and a 12-month high of $236.54. The firm has a market capitalization of $4.86 trillion, a price-to-earnings ratio of 30.74, a P/E/G ratio of 0.38 and a beta of 2.21. The firm has a 50 day moving average of $205.41 and a 200 day moving average of $196.12. The company has a current ratio of 3.44, a quick ratio of 2.85 and a debt-to-equity ratio of 0.04.

NVIDIA (NASDAQ:NVDA - Get Free Report) last posted its quarterly 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 business had revenue of $81.61 billion during 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 was up 85.2% on a year-over-year basis. During the same period in the prior year, the business posted $0.81 earnings per share. As a group, research analysts predict that NVIDIA Corporation will post 8.79 earnings per share for the current year.

NVIDIA declared that its board has approved a share buyback program on Wednesday, May 20th that allows the company to repurchase $80.00 billion in outstanding shares. This repurchase authorization allows the computer hardware maker to repurchase up to 1.5% of its shares through open market purchases. Shares repurchase programs are generally an indication that the company's management believes its shares are undervalued.

NVIDIA Increases Dividend

The company also recently announced a quarterly dividend, which was paid on Friday, June 26th. Investors of record on Thursday, June 4th were issued a $0.25 dividend. The ex-dividend date of this dividend was Thursday, June 4th. This represents a $1.00 annualized dividend and a yield of 0.5%. This is an increase from NVIDIA's previous quarterly dividend of $0.01. NVIDIA's payout ratio is currently 15.31%.

Analysts Set New Price Targets

A number of equities research analysts have issued reports on NVDA shares. The Goldman Sachs Group restated a "buy" rating and set a $285.00 price target (up from $250.00) on shares of NVIDIA in a research note on Wednesday, May 20th. Sanford C. Bernstein restated a "buy" rating on shares of NVIDIA in a research report on Monday, June 29th. Tigress Financial reaffirmed a "strong-buy" rating and set a $425.00 target price (up from $360.00) on shares of NVIDIA in a report on Wednesday, May 27th. Mizuho set a $300.00 price target on shares of NVIDIA in a research report on Thursday, May 21st. Finally, HSBC reiterated a "buy" rating and set a $325.00 price target (up from $295.00) on shares of NVIDIA in a research note on Tuesday, May 19th. Three investment analysts have rated the stock with a Strong Buy rating, forty-eight have assigned a Buy rating and two have issued a Hold rating to the stock. Based on data from MarketBeat, the stock currently has a consensus rating of "Buy" and a consensus target price of $304.26.

Key Stories Impacting NVIDIA

Here are the key news stories impacting NVIDIA this week:

• Positive Sentiment: Amazon supports demand outlook: Amazon raised its capital-expenditure forecast and downplayed competition between its custom AI chips and NVIDIA’s processors. The update reassured investors that hyperscaler spending remains a significant growth driver for NVIDIA. Nvidia Stock Rises. Thank Amazon.
• Positive Sentiment: Additional large-scale chip demand: Chinese AI company Moonshot reportedly has an Alibaba computing agreement involving approximately 20,000 NVIDIA chips. Although the arrangement is indirect, it highlights continued demand for NVIDIA’s accelerators across AI platforms. Moonshot has Nvidia chip cluster from Alibaba computing deal
• Positive Sentiment: Sector-wide investor support: Semiconductor ETFs attracted substantial new money as chip stocks rallied following strong technology earnings, providing a favorable backdrop for NVIDIA. Analysts also remain broadly bullish, with reported median price targets well above the current trading level and positive earnings-estimate revisions. Semiconductor ETFs Draw Cash This Week as Chip Stocks Rally
• Neutral Sentiment: Upcoming earnings catalyst: NVIDIA will report fiscal second-quarter 2027 results on August 26. Investors will focus on revenue growth, forward guidance and whether hyperscaler AI spending is translating into sustained orders. The company’s latest reported quarter showed $81.6 billion in revenue, up 85% year over year, and earnings above consensus.
• Negative Sentiment: Financing concerns remain: Investors continue to debate whether AI infrastructure expansion relies too heavily on leveraged or “circular” financing arrangements. Credit-market hedging activity and discussion of a potential financing backstop tied to an OpenAI data-center project could limit valuation expansion. NVIDIA Stock Is Still Up, But $250 Billion AI Risk Has Spooked The Debt Market
• Negative Sentiment: Bearish positioning and selling: Investor Michael Burry reportedly expanded bearish bets against NVIDIA, while recent insider and institutional selling adds a secondary source of caution. These transactions do not necessarily indicate deteriorating fundamentals but may contribute to volatility.

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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