Pictet Asset Management Holding SA Acquires 417,764 Shares of NVIDIA Corporation $NVDA

Key Points

• Pictet Asset Management Holding SA increased its NVIDIA stake by 1.7% in the first quarter, buying 417,764 additional shares and bringing its total to 25.7 million shares. NVIDIA is now Pictet’s largest holding, representing 4.7% of its portfolio.
• Wall Street remains broadly bullish on NVIDIA, with analysts raising price targets and the stock carrying a consensus rating of “Buy” and an average target price of $303.84. The company also reported strong quarterly results, beating EPS and revenue estimates with revenue up 85.2% year over year.
• NVIDIA has been returning more cash to shareholders and signaling confidence in its stock, recently boosting its quarterly dividend to $0.25 per share and authorizing an $80 billion share repurchase plan. However, insider selling and recent share-price weakness suggest some near-term caution among investors.

Pictet Asset Management Holding SA grew its holdings in shares of NVIDIA Corporation (NASDAQ:NVDA - Free Report) by 1.7% during the first quarter, according to its most recent 13F filing with the SEC. The institutional investor owned 25,735,947 shares of the computer hardware maker's stock after buying an additional 417,764 shares during the period. NVIDIA makes up 4.7% of Pictet Asset Management Holding SA's investment portfolio, making the stock its largest holding. Pictet Asset Management Holding SA owned about 0.11% of NVIDIA worth $4,486,724,000 as of its most recent SEC filing.

Other large investors also recently modified their holdings of the company. Presidio Capital Management LLC grew its holdings in NVIDIA by 0.4% in the fourth quarter. Presidio Capital Management LLC now owns 15,137 shares of the computer hardware maker's stock worth $2,823,000 after purchasing an additional 53 shares during the period. LMG Wealth Partners LLC raised its holdings in shares of NVIDIA by 0.7% during the fourth quarter. LMG Wealth Partners LLC now owns 7,649 shares of the computer hardware maker's stock valued at $1,427,000 after purchasing an additional 53 shares during the period. Vision Financial Markets LLC raised its holdings in shares of NVIDIA by 1.2% during the third quarter. Vision Financial Markets LLC now owns 4,640 shares of the computer hardware maker's stock valued at $866,000 after purchasing an additional 53 shares during the period. Great Oak Capital Partners LLC boosted its position in shares of NVIDIA by 3.8% during the 4th quarter. Great Oak Capital Partners LLC now owns 1,508 shares of the computer hardware maker's stock worth $285,000 after purchasing an additional 55 shares in the last quarter. Finally, JGP Global Gestao de Recursos Ltda. boosted its position in shares of NVIDIA by 2.3% during the 4th quarter. JGP Global Gestao de Recursos Ltda. now owns 2,402 shares of the computer hardware maker's stock worth $448,000 after purchasing an additional 55 shares in the last quarter. Institutional investors and hedge funds own 65.27% of the company's stock.

Wall Street Analysts Forecast Growth

NVDA has been the subject of a number of research analyst reports. Citic Securities boosted their target price on NVIDIA from $242.00 to $315.00 and gave the company a "buy" rating in a research report on Friday, May 22nd. Jefferies Financial Group reiterated a "buy" rating and issued a $300.00 price target (up from $275.00) on shares of NVIDIA in a report on Thursday, May 21st. New Street Research reduced their price objective on NVIDIA from $343.00 to $340.00 in a research note on Thursday, May 21st. Wedbush boosted their price objective on NVIDIA from $300.00 to $330.00 and gave the company an "outperform" rating in a report on Thursday, May 21st. Finally, Rosenblatt Securities reiterated a "buy" rating and issued a $325.00 target price on shares of NVIDIA in a report on Thursday, May 21st. Three investment analysts have rated the stock with a Strong Buy rating, forty-eight have assigned a Buy rating and three have assigned a Hold rating to the company's stock. According to MarketBeat.com, the stock presently has an average rating of "Buy" and a consensus target price of $303.84.

NVIDIA Price Performance

Shares of NASDAQ NVDA opened at $194.83 on Friday. The stock has a market cap of $4.71 trillion, a price-to-earnings ratio of 29.84, a PEG ratio of 0.43 and a beta of 2.21. The company has a debt-to-equity ratio of 0.04, a quick ratio of 2.85 and a current ratio of 3.44. NVIDIA Corporation has a fifty-two week low of $157.34 and a fifty-two week high of $236.54. The firm's 50-day simple moving average is $210.22 and its 200 day simple moving average is $193.51.

NVIDIA (NASDAQ:NVDA - Get Free Report) last issued its quarterly earnings data on Wednesday, May 20th. The computer hardware maker reported $1.87 EPS for the quarter, topping analysts' consensus estimates of $1.76 by $0.11. The firm had revenue of $81.61 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 company's revenue for the quarter was up 85.2% on a year-over-year basis. During the same period in the previous year, the company posted $0.81 EPS. As a group, research analysts anticipate that NVIDIA Corporation will post 8.69 earnings per share for the current fiscal year.

NVIDIA Increases Dividend

The business also recently declared a quarterly dividend, which was paid on Friday, June 26th. Investors of record on Thursday, June 4th were issued a dividend of $0.25 per share. 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. The ex-dividend date was Thursday, June 4th. NVIDIA's dividend payout ratio is currently 15.31%.

NVIDIA declared that its board has initiated a stock 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 repurchase up to 1.5% of its shares through open market purchases. Shares repurchase plans are usually an indication that the company's leadership believes its stock is undervalued.

More NVIDIA News

Here are the key news stories impacting NVIDIA this week:

• Positive Sentiment: NVIDIA continues to draw bullish long-term calls, with multiple articles pointing to strong AI demand, deep ecosystem positioning, and forward growth potential despite the recent pullback. Nvidia: The Drawdown Is An Opportunity To Pounce
• Positive Sentiment: The company unveiled a revenue-sharing program that gives AI startups access to GPU compute in exchange for a share of future revenue, which could expand NVIDIA’s customer base and lock in longer-term demand for its infrastructure. Nvidia offers start-up customers chance to swap compute power for revenue share
• Positive Sentiment: Several pieces highlighted NVIDIA’s AI partnerships and infrastructure role, including collaborations around AI-RAN and sovereign AI, reinforcing its central position in the AI buildout. The Palantir-Nvidia Sovereign AI Deal Will Reshape Who Wins the AI Infrastructure Race
• Neutral Sentiment: Analysts and commentators remain split, with some saying the AI trade is becoming more selective and profitability will matter more than momentum, which supports stock-picking over broad enthusiasm for semis. Top Invesco Analyst: The AI Trade That “Lifted All Boats” Is Over
• Neutral Sentiment: There is also recurring debate about valuation and whether NVIDIA can regain momentum in the second half of 2026, suggesting investors are waiting for stronger evidence before bidding the stock higher again. Can Nvidia regain its momentum in the second half of 2026?
• Neutral Sentiment: Other articles focused on CEO Jensen Huang’s leather jacket auction and general market commentary, which are not likely to have a direct material impact on the stock. Nvidia CEO Jensen Huang's leather jacket heads to auction at Sotheby's
• Negative Sentiment: The near-term tone is weighed down by articles noting that NVIDIA shares have been declining and that AI chipmakers recently lost significant market value, reflecting profit-taking and a broader semiconductor selloff. Top AI chipmakers wipe $137 billion in a day; Here's why
• Negative Sentiment: Several pieces also note growing competition from custom chips and hyperscaler efforts, plus concerns that AI capacity will catch up to demand, which could pressure NVIDIA’s growth multiple over time. Nvidia Believes Artificial Intelligence (AI) Capex Will Reach $3 Trillion to $4 Trillion by 2030

Insider Buying and Selling

In related news, Director John Dabiri sold 625 shares of the stock in a transaction on Wednesday, May 27th. The stock was sold at an average price of $214.00, for a total value of $133,750.00. Following the completion of the sale, the director directly owned 14,163 shares of the company's stock, valued at approximately $3,030,882. This represents a 4.23% decrease in their position. The transaction was disclosed in a filing with the SEC, which can be accessed through the SEC website. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Also, Director Mark A. Stevens sold 885,000 shares of NVIDIA stock in a transaction on Thursday, June 18th. The stock was sold at an average price of $210.17, for a total transaction of $186,000,450.00. Following the transaction, the director directly owned 5,207,271 shares in the company, valued at $1,094,412,146.07. This represents a 14.53% decrease in their ownership of the stock. The SEC filing for this sale provides additional information. Over the last 90 days, insiders sold 1,901,125 shares of company stock worth $410,583,015. 3.94% of the stock is owned by corporate insiders.

About NVIDIA

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.

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.