PFG Investments LLC Acquires 4,410 Shares of NVIDIA Corporation $NVDA

Key Points

• PFG Investments LLC increased its NVIDIA stake by 1.1% in the first quarter, adding 4,410 shares and bringing its total holdings to 420,083 shares worth about $73.3 million. NVIDIA is now its second-largest position and makes up 3.4% of the firm’s portfolio.
• Institutional ownership of NVIDIA remains high, with 65.27% of shares held by hedge funds and other institutions. The article also notes several other funds recently raised or initiated positions in the stock.
• NVIDIA continues to show strong fundamentals, with its latest quarter delivering earnings and revenue above estimates and revenue up 85.2% year over year. Analysts remain bullish overall, with a consensus Buy rating and an average price target of $303.84.

PFG Investments LLC raised its holdings in NVIDIA Corporation (NASDAQ:NVDA - Free Report) by 1.1% during the first quarter, according to its most recent disclosure with the Securities and Exchange Commission. The institutional investor owned 420,083 shares of the computer hardware maker's stock after buying an additional 4,410 shares during the period. NVIDIA comprises about 3.4% of PFG Investments LLC's holdings, making the stock its 2nd largest position. PFG Investments LLC's holdings in NVIDIA were worth $73,262,000 at the end of the most recent quarter.

Other hedge funds have also recently made changes to their positions in the company. Diversified Enterprises LLC boosted its holdings in NVIDIA by 44.2% during the fourth quarter. Diversified Enterprises LLC now owns 127,604 shares of the computer hardware maker's stock worth $23,798,000 after purchasing an additional 39,129 shares during the last quarter. ASR Vermogensbeheer N.V. increased its stake in NVIDIA by 1.8% in the 4th quarter. ASR Vermogensbeheer N.V. now owns 3,169,377 shares of the computer hardware maker's stock valued at $591,086,000 after buying an additional 54,877 shares during the last quarter. PMG Family Office LLC purchased a new stake in NVIDIA in the 3rd quarter valued at about $2,150,000. Storen Legacy Partners LLC bought a new position in shares of NVIDIA during the 4th quarter worth approximately $1,350,000. Finally, Weaver Capital Management LLC lifted its position in shares of NVIDIA by 5.5% during the 4th quarter. Weaver Capital Management LLC now owns 85,216 shares of the computer hardware maker's stock worth $15,893,000 after buying an additional 4,439 shares in the last quarter. 65.27% of the stock is currently owned by institutional investors and hedge funds.

Trending Headlines about 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.

NVIDIA Stock Performance

NASDAQ NVDA opened at $210.96 on Monday. The company's 50 day moving average is $209.48 and its 200-day moving average is $194.49. NVIDIA Corporation has a 12-month low of $162.02 and a 12-month high of $236.54. The company has a quick ratio of 2.85, a current ratio of 3.44 and a debt-to-equity ratio of 0.04. The firm has a market cap of $5.11 trillion, a P/E ratio of 32.31, a price-to-earnings-growth ratio of 0.46 and a beta of 2.21.

NVIDIA (NASDAQ:NVDA - Get Free Report) last released its quarterly earnings data 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. NVIDIA had a net margin of 62.97% and a return on equity of 96.94%. The company had revenue of $81.61 billion during the quarter, compared to the consensus estimate of $78.42 billion. During the same period last year, the firm earned $0.81 EPS. NVIDIA's revenue for the quarter was up 85.2% on a year-over-year basis. Sell-side analysts predict that NVIDIA Corporation will post 8.8 earnings per share for the current year.

NVIDIA Increases Dividend

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

NVIDIA declared that its Board of Directors has approved a stock repurchase plan on Wednesday, May 20th that permits the company to buyback $80.00 billion in shares. This buyback authorization permits the computer hardware maker to reacquire up to 1.5% of its shares through open market purchases. Shares buyback plans are usually an indication that the company's management believes its shares are undervalued.

Analyst Upgrades and Downgrades

Several equities analysts have recently issued reports on the company. Morgan Stanley set a $288.00 target price on NVIDIA and gave the company an "overweight" rating in a report on Thursday, May 21st. The Goldman Sachs Group reissued a "buy" rating and issued a $285.00 price objective (up from $250.00) on shares of NVIDIA in a research report on Wednesday, May 20th. TD Cowen restated a "buy" rating and issued a $275.00 price objective (up from $235.00) on shares of NVIDIA in a research note on Friday, May 15th. DZ Bank reaffirmed a "buy" rating on shares of NVIDIA in a research report on Thursday, May 21st. Finally, Raymond James Financial reiterated a "strong-buy" rating and set a $330.00 target price on shares of NVIDIA in a research note on Thursday, May 21st. Three 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's stock. According to data from MarketBeat, the company currently has a consensus rating of "Buy" and an average price target of $303.84.

Insider Activity

In related news, Director Stephen C. Neal sold 15,500 shares of the stock in a transaction dated Wednesday, June 3rd. The stock was sold at an average price of $215.73, for a total transaction of $3,343,815.00. Following the sale, the director owned 116,135 shares of the company's stock, valued at approximately $25,053,803.55. This represents a 11.77% decrease in their position. The sale was disclosed in a document filed with the SEC, which is accessible through this hyperlink. Also, Director Mark A. Stevens sold 885,000 shares of the firm'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 owned 5,207,271 shares of the company's stock, valued at approximately $1,094,412,146.07. This represents a 14.53% decrease in their position. The SEC filing for this sale provides additional information. Over the last three months, insiders sold 1,901,125 shares of company stock worth $410,583,015. 3.94% 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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