Plato Investment Management Ltd Sells 2,956 Shares of NVIDIA Corporation $NVDA

Key Points

• Plato Investment Management trimmed its NVIDIA stake slightly in the fourth quarter, selling 2,956 shares and ending with 587,436 shares valued at about $110.1 million. NVIDIA remains its largest holding, making up 7.2% of the portfolio.
• NVIDIA reported strong quarterly results, with EPS of $1.87 beating estimates and revenue of $81.62 billion topping forecasts. Revenue jumped 85.2% year over year, underscoring continued growth in AI demand.
• The company also boosted shareholder returns by raising its quarterly dividend to $0.25 per share from $0.01 and authorizing an $80 billion stock buyback. Analysts remain broadly bullish, with a consensus rating of “Buy” and an average target price of $305.38.

Plato Investment Management Ltd lowered its holdings in shares of NVIDIA Corporation (NASDAQ:NVDA - Free Report) by 0.5% during the fourth quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The institutional investor owned 587,436 shares of the computer hardware maker's stock after selling 2,956 shares during the period. NVIDIA comprises 7.2% of Plato Investment Management Ltd's portfolio, making the stock its largest holding. Plato Investment Management Ltd's holdings in NVIDIA were worth $110,091,000 at the end of the most recent quarter.

Other institutional investors have also recently bought and sold shares of the company. Longfellow Investment Management Co. LLC boosted its stake in NVIDIA by 47.9% during the second quarter. Longfellow Investment Management Co. LLC now owns 207 shares of the computer hardware maker's stock worth $33,000 after buying an additional 67 shares in the last quarter. Spurstone Advisory Services LLC acquired a new stake in NVIDIA during the second quarter worth $40,000. Syntax Research Inc. boosted its stake in NVIDIA by 62.5% during the fourth quarter. Syntax Research Inc. now owns 260 shares of the computer hardware maker's stock worth $49,000 after buying an additional 100 shares in the last quarter. Sellwood Investment Partners LLC acquired a new stake in NVIDIA during the third quarter worth $50,000. Finally, Networth Advisors LLC acquired a new stake in NVIDIA during the fourth quarter worth $51,000. Institutional investors and hedge funds own 65.27% of the company's stock.

Wall Street Analyst Weigh In

A number of research firms have weighed in on NVDA. Citic Securities lifted their price target on shares of NVIDIA from $242.00 to $315.00 and gave the stock a "buy" rating in a research note on Friday, May 22nd. HSBC restated 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. New Street Research reduced their target price on shares of NVIDIA from $343.00 to $340.00 in a research note on Thursday, May 21st. Royal Bank Of Canada set a $280.00 target price on shares of NVIDIA in a research note on Thursday, May 21st. Finally, Daiwa Securities Group boosted their target price on shares of NVIDIA from $215.00 to $255.00 and gave the company an "outperform" rating in a research note on Friday, May 22nd. Three analysts have rated the stock with a Strong Buy rating, forty-seven have issued a Buy rating and three have assigned a Hold rating to the stock. According to MarketBeat, the stock presently has an average rating of "Buy" and a consensus target price of $305.38.

Insider Buying and Selling at NVIDIA

In related news, CFO Colette Kress sold 42,650 shares of the company's stock in a transaction dated Friday, March 20th. The shares were sold at an average price of $174.89, for a total transaction of $7,459,058.50. Following the transaction, the chief financial officer owned 881,387 shares in the company, valued at $154,145,772.43. This represents a 4.62% decrease in their position. The sale was disclosed in a filing with the Securities & Exchange Commission, which is available at the SEC website. Also, 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 transaction, the director owned 36,007 shares in the company, valued at approximately $6,362,796.97. This trade represents a 34.54% decrease in their position. Additional details regarding this sale are available in the official SEC disclosure. Insiders have sold 906,961 shares of company stock worth $162,936,268 over the last quarter. Corporate insiders own 3.94% of the company's stock.

NVIDIA Stock Down 0.7%

Shares of NASDAQ NVDA opened at $222.82 on Wednesday. The firm's 50-day simple moving average is $200.19 and its 200 day simple moving average is $189.85. The company has a market cap of $5.39 trillion, a price-to-earnings ratio of 34.12, a price-to-earnings-growth ratio of 0.54 and a beta of 2.22. The company has a quick ratio of 2.85, a current ratio of 3.44 and a debt-to-equity ratio of 0.04. NVIDIA Corporation has a 12-month low of $137.95 and a 12-month high of $236.54.

NVIDIA (NASDAQ:NVDA - Get Free Report) last issued its quarterly earnings results on Wednesday, May 20th. The computer hardware maker reported $1.87 earnings per share (EPS) for the quarter, topping the consensus estimate of $1.76 by $0.11. The business had revenue of $81.62 billion for the quarter, compared to the consensus estimate of $78.42 billion. NVIDIA had a net margin of 62.97% and a return on equity of 96.94%. The firm's quarterly revenue was up 85.2% on a year-over-year basis. During the same quarter in the prior year, the company earned $0.81 EPS. On average, research analysts expect that NVIDIA Corporation will post 8.04 earnings per share for the current fiscal year.

NVIDIA Increases Dividend

The business also recently declared a quarterly dividend, which will be paid on Friday, June 26th. Investors of record on Thursday, June 4th will be given a dividend of $0.25 per share. This is a positive change from NVIDIA's previous quarterly dividend of $0.01. The ex-dividend date is Thursday, June 4th. This represents a $1.00 annualized dividend and a yield of 0.4%. NVIDIA's dividend payout ratio is currently 0.61%.

NVIDIA announced that its Board of Directors has authorized 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 shares through open market purchases. Shares buyback programs are often a sign that the company's management believes its stock is undervalued.

NVIDIA News Roundup

Here are the key news stories impacting NVIDIA this week:

• Positive Sentiment: NVIDIA unveiled its RTX Spark PC superchip and a broader push into AI PCs with partners like Microsoft, Dell, HP, and Lenovo, opening a new market beyond data centers and pressuring Intel, AMD, and Qualcomm. Nvidia's new chip to power fresh line of Windows laptops by Dell, HP
• Positive Sentiment: The company also launched Vera Rubin, Vera CPU, and the DSX AI-factory platform, signaling stronger long-term demand for its chips, networking, software, and infrastructure tools. NVIDIA Vera Rubin ramps into full production
• Positive Sentiment: CEO Jensen Huang’s comments boosted the AI ecosystem around NVIDIA, with Marvell, Arm, and several infrastructure partners rallying on his endorsements and product roadmap. Nvidia's Jensen Huang says Marvell could be the next trillion-dollar company
• Positive Sentiment: Needham reaffirmed a Buy rating and raised its price target to $270, adding to a generally bullish analyst backdrop for NVDA. Benzinga report on Needham rating
• Neutral Sentiment: Some articles noted that NVDA has been consolidating near highs and that a near-term pullback is possible after the recent run, even though the longer-term thesis remains intact.
• Negative Sentiment: There were also reminders of risks, including U.S.-China export scrutiny, Chinese efforts to build alternatives, and reports of insider selling, which could temper enthusiasm around the stock.

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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