Planning Alternatives Ltd. ADV Purchases 5,287 Shares of NVIDIA Corporation $NVDA

Key Points

• Planning Alternatives Ltd. ADV increased its NVIDIA position by 26.6%, purchasing 5,287 shares to bring its total to 25,192 shares valued at approximately $4.4 million. Institutional investors collectively own 65.27% of NVIDIA.
• Analysts remain broadly bullish, with a consensus “Buy” rating and an average price target of $304.26; several firms recently raised their targets, including Benchmark to $335 and Evercore to $413.
• NVIDIA reported quarterly revenue growth of 85.2% and beat EPS and revenue estimates, while also authorizing an $80 billion share-repurchase plan and raising its quarterly dividend. However, insiders sold approximately $410.6 million of stock over the past three months, and investors remain concerned about AI financing risks.

Planning Alternatives Ltd. ADV lifted its position in NVIDIA Corporation (NASDAQ:NVDA - Free Report) by 26.6% in the first quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission (SEC). The institutional investor owned 25,192 shares of the computer hardware maker's stock after purchasing an additional 5,287 shares during the period. NVIDIA comprises 0.6% of Planning Alternatives Ltd. ADV's portfolio, making the stock its 15th largest holding. Planning Alternatives Ltd. ADV's holdings in NVIDIA were worth $4,393,000 at the end of the most recent reporting period.

Several other institutional investors and hedge funds have also recently modified their holdings of the company. State Street Corp raised its holdings in NVIDIA by 1.2% during the fourth quarter. State Street Corp now owns 991,480,489 shares of the computer hardware maker's stock valued at $184,911,111,000 after acquiring an additional 11,451,386 shares during the period. Geode Capital Management LLC boosted its stake in shares of NVIDIA by 0.6% in the fourth quarter. Geode Capital Management LLC now owns 588,803,093 shares of the computer hardware maker's stock worth $109,446,217,000 after acquiring an additional 3,383,441 shares during the period. Norges Bank purchased a new stake in shares of NVIDIA during the fourth quarter worth about $62,244,133,000. Bank of America Corp DE grew its position in shares of NVIDIA by 1.5% during the fourth quarter. Bank of America Corp DE now owns 187,181,484 shares of the computer hardware maker's stock worth $34,909,347,000 after purchasing an additional 2,849,678 shares in the last quarter. Finally, Legal & General Group Plc raised its stake in NVIDIA by 1.5% during the 3rd quarter. Legal & General Group Plc now owns 181,203,035 shares of the computer hardware maker's stock valued at $33,808,862,000 after purchasing an additional 2,609,560 shares during the period. 65.27% of the stock is currently owned by institutional investors.

Analysts Set New Price Targets

A number of research analysts recently commented on NVDA shares. Weiss Ratings reissued a "buy (b)" rating on shares of NVIDIA in a report on Wednesday, July 8th. Benchmark reiterated a "buy" rating and set a $335.00 price objective (up from $250.00) on shares of NVIDIA in a research report on Thursday, May 21st. JPMorgan Chase & Co. boosted their target price on shares of NVIDIA from $265.00 to $280.00 and gave the stock an "overweight" rating in a report on Thursday, May 21st. TD Cowen restated a "buy" rating and set a $275.00 target price (up from $235.00) on shares of NVIDIA in a research report on Friday, May 15th. Finally, Evercore reaffirmed an "outperform" rating and set a $413.00 target price (up from $352.00) 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 issued a Buy rating and two have given a Hold rating to the stock. According to data from MarketBeat, NVIDIA currently has a consensus rating of "Buy" and an average price target of $304.26.

Insiders Place Their Bets

In related news, Director John Dabiri sold 625 shares of the stock in a transaction dated Wednesday, May 27th. The shares were sold at an average price of $214.00, for a total value of $133,750.00. Following the completion of the transaction, the director owned 14,163 shares of the company's stock, valued at approximately $3,030,882. This trade represents a 4.23% decrease in their position. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which is accessible through this hyperlink. 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 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 disclosure for this sale is available in the SEC filing. Insiders sold 1,901,125 shares of company stock valued at $410,583,015 in the last three months. Corporate insiders own 3.94% of the company's stock.

Key NVIDIA News

Here are the key news stories impacting NVIDIA this week:

• Positive Sentiment: Strong results from Microsoft, particularly in Azure and Copilot, renewed expectations that hyperscalers will continue spending heavily on AI data centers—a key demand driver for NVIDIA’s accelerators and networking products. Why Nvidia stock is rebounding after Big Tech earnings
• Positive Sentiment: Analysts and commentators remain bullish on the AI spending cycle. Wolfe Research’s Chris Caso argued that semiconductor oversupply is unlikely before 2028, while multiple analysts maintain targets well above the current trading level. Top chip analyst on semiconductor oversupply
• Positive Sentiment: NVIDIA’s reported connection to Hut 8’s planned $19.6 billion Texas AI data-center lease highlights potential future demand for NVIDIA-powered infrastructure, although the headline value depends partly on future renewal options. NVIDIA linked to Hut 8 AI data center lease
• Neutral Sentiment: NVIDIA scheduled its fiscal 2027 second-quarter results call for August 26. The event is the next major catalyst, with investors focused on revenue growth, guidance and evidence that customer AI capital expenditures remain sustainable. NVIDIA schedules second-quarter financial results call
• Negative Sentiment: Investors continue to debate “circular financing” and credit risks in AI infrastructure. NVIDIA’s proposed OpenAI credit backstop and exposure to highly leveraged AI-cloud customers have raised concerns that a financing problem could weaken demand or increase customer risk. NVIDIA’s OpenAI backstop and AI financing risk
• Negative Sentiment: Investor Michael Burry reportedly increased his short positions in NVIDIA and Micron, reinforcing bearish arguments that AI-related valuations and infrastructure deals have become excessive. Ongoing insider selling and a recent congressional sale add to the caution, though they are not necessarily company-specific signals. Michael Burry adds to NVIDIA and Micron short positions

NVIDIA Stock Up 2.6%

Shares of NVDA opened at $195.04 on Friday. The stock has a market capitalization of $4.72 trillion, a price-to-earnings ratio of 29.87, a price-to-earnings-growth ratio of 0.37 and a beta of 2.21. NVIDIA Corporation has a 1 year low of $164.07 and a 1 year high of $236.54. The business's 50 day simple moving average is $205.71 and its 200-day simple moving average is $196.09. The company has a debt-to-equity ratio of 0.04, a current ratio of 3.44 and a quick ratio of 2.85.

NVIDIA (NASDAQ:NVDA - Get Free Report) last posted its earnings results on Wednesday, May 20th. The computer hardware maker reported $1.87 EPS for the quarter, beating analysts' consensus estimates of $1.76 by $0.11. NVIDIA had a return on equity of 96.94% and a net margin of 62.97%.The firm had revenue of $81.61 billion during the quarter, compared to the consensus estimate of $78.42 billion. During the same period in the prior year, the company earned $0.81 EPS. The company's quarterly revenue was up 85.2% compared to the same quarter last year. As a group, equities analysts expect that NVIDIA Corporation will post 8.79 earnings per share for the current fiscal year.

NVIDIA Increases Dividend

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

NVIDIA announced that its board has initiated a stock repurchase plan on Wednesday, May 20th that authorizes the company to repurchase $80.00 billion in shares. This repurchase authorization authorizes the computer hardware maker to purchase up to 1.5% of its shares through open market purchases. Shares repurchase plans are often a sign that the company's board of directors believes its shares are undervalued.

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.