Private Client Services LLC Buys 2,466 Shares of NVIDIA Corporation $NVDA

Key Points

• Private Client Services LLC increased its NVIDIA stake by 11.6% in the second quarter, acquiring 2,466 shares and ending with 23,777 shares valued at approximately $4.76 million. Institutional investors collectively own 65.27% of NVIDIA.
• NVIDIA reported quarterly revenue of $81.61 billion and EPS of $1.87, exceeding analyst expectations, while revenue grew 85.2% year over year. Analysts maintain a “Buy” consensus with an average price target of $305.94.
• The company raised its quarterly dividend to $0.25, authorized an $80 billion share-repurchase plan, and continues to benefit from strong AI demand, though investors remain focused on valuation, geopolitical risks, customer concentration, and upcoming earnings guidance.

Private Client Services LLC lifted its stake in shares of NVIDIA Corporation (NASDAQ:NVDA - Free Report) by 11.6% during the second quarter, according to the company in its most recent Form 13F filing with the SEC. The firm owned 23,777 shares of the computer hardware maker's stock after acquiring an additional 2,466 shares during the quarter. NVIDIA makes up approximately 1.2% of Private Client Services LLC's holdings, making the stock its 17th biggest holding. Private Client Services LLC's holdings in NVIDIA were worth $4,758,000 at the end of the most recent reporting period.

Other large investors have also recently modified their holdings of the company. Lifetime Wealth Management P.C. purchased a new stake in shares of NVIDIA in the 4th quarter worth $26,000. Longview Financial Advisors Inc. purchased a new position in shares of NVIDIA during the first quarter valued at $27,000. Longfellow Investment Management Co. LLC raised its holdings in shares of 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 in the last quarter. Phillip James Consulting Co. bought a new stake in shares of NVIDIA in the first quarter valued at about $40,000. Finally, Spurstone Advisory Services LLC purchased a new stake in NVIDIA in the second quarter worth about $40,000. Hedge funds and other institutional investors own 65.27% of the company's stock.

NVIDIA Stock Up 0.5%

NASDAQ:NVDA opened at $225.30 on Friday. The company's 50-day simple moving average is $205.74 and its 200-day simple moving average is $198.32. 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 $164.07 and a fifty-two week high of $236.54. The stock has a market capitalization of $5.45 trillion, a P/E ratio of 34.50, a P/E/G ratio of 0.44 and a beta of 2.23.

NVIDIA (NASDAQ:NVDA - Get Free Report) last announced its earnings results on Wednesday, May 20th. The computer hardware maker reported $1.87 earnings per share (EPS) for the quarter, beating the consensus estimate of $1.76 by $0.11. NVIDIA had a return on equity of 96.94% and a net margin of 62.97%.The company had revenue of $81.61 billion for the quarter, compared to analyst estimates of $78.42 billion. During the same period in the prior year, the company posted $0.81 EPS. The firm's quarterly revenue was up 85.2% compared to the same quarter last year. On average, equities analysts anticipate 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. Stockholders of record on Thursday, June 4th were paid a $0.25 dividend. The ex-dividend date 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 0.4%. NVIDIA's dividend payout ratio (DPR) is currently 15.31%.

NVIDIA declared that its board has authorized 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 repurchase up to 1.5% of its shares through open market purchases. Shares buyback plans are often an indication that the company's board of directors believes its shares are undervalued.

Wall Street Analyst Weigh In

Several research analysts have issued reports on NVDA shares. Zacks Research raised shares of NVIDIA from a "hold" rating to a "strong-buy" rating in a research report on Monday, July 20th. Rothschild & Co Redburn upped their price target on shares of NVIDIA from $280.00 to $300.00 and gave the stock a "buy" rating in a research report on Tuesday, May 26th. HSBC reiterated a "buy" rating and set a $325.00 price objective (up from $295.00) on shares of NVIDIA in a research note on Tuesday, May 19th. Raymond James Financial reissued a "strong-buy" rating and issued a $330.00 price objective on shares of NVIDIA in a research note on Thursday, May 21st. Finally, Wells Fargo & Company restated an "overweight" rating and set a $315.00 target price on shares of NVIDIA in a report on Tuesday. Three investment analysts have rated the stock with a Strong Buy rating, forty-eight have given a Buy rating and two have assigned a Hold rating to the company. According to data from MarketBeat.com, the company has an average rating of "Buy" and an average target price of $305.94.

Key NVIDIA News

Here are the key news stories impacting NVIDIA this week:

• Positive Sentiment: $500 billion AI financing initiative: NVIDIA’s agreement with major financial firms—including Apollo, BlackRock, Blackstone, Brookfield, Goldman Sachs and KKR—could reduce funding barriers for data-center construction and stimulate demand for NVIDIA GPUs, networking products and software. Bank of America said the plan helps ease financing risk. NVIDIA's $500B Funding Push: Can It Unlock More Revenue Growth?
• Positive Sentiment: Demand remains broad and durable: CoreWeave reportedly continues renting older A100 GPUs through 2029 at full pricing, challenging fears of rapid hardware obsolescence. NVIDIA also added seven Japanese industrial companies to its physical-AI coalition, potentially expanding long-term demand in robotics and manufacturing. This 2020 Nvidia chip is still going strong
• Positive Sentiment: Analyst and institutional support: Bank of America identified NVIDIA and AMD as leading beneficiaries of the expanding AI chip market, while Wells Fargo reiterated an Overweight rating. Cathie Wood’s Ark Invest also purchased approximately $59.9 million of NVIDIA shares before earnings. BofA picks AMD and Nvidia as AI chip winners
• Neutral Sentiment: Earnings are the next major catalyst: Investors are watching the price level highlighted by Bank of America and whether NVIDIA can extend its recent momentum. Consensus expectations call for another substantial revenue increase, raising the importance of guidance on Blackwell, Vera Rubin, networking and customer diversification. BofA Says This Nvidia Price Level Is the One to Watch Before Earnings
• Negative Sentiment: Financing and valuation concerns persist: Critics, including Michael Burry, argue that NVIDIA’s investments, customer funding and GPU sales may create a circular-financing web. The stock’s very large market capitalization leaves little room for execution or demand disappointments. Nvidia is trying to quiet circular financing accusations
• Negative Sentiment: Geopolitical and customer risks: CEO Jensen Huang warned that China shifting AI workloads toward Huawei hardware could weaken U.S. chip dominance. Investors are also examining whether hyperscaler concentration and potential customer self-designed chips could eventually pressure NVIDIA’s growth.
• Neutral Sentiment: Market backdrop: Asian market halts and currency-driven liquidations have created volatility across semiconductor stocks, but the reported disruptions appear liquidity-related rather than evidence of weakening AI demand. Asian Market Circuit Breakers Hit Stocks, Not AI Demand

Insider Buying and Selling

In other NVIDIA news, Director Stephen C. Neal sold 15,500 shares of NVIDIA 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 completion of the transaction, the director owned 116,135 shares in the company, valued at approximately $25,053,803.55. This trade represents a 11.77% decrease in their position. The transaction was disclosed in a filing with the SEC, which is accessible through this link. Also, Director John Dabiri sold 625 shares of the business's 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 directly 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 SEC filing for this sale provides additional information. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Insiders sold a total of 1,901,125 shares of company stock valued at $410,583,015 over the last 90 days. Insiders own 3.94% of the company's stock.

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.

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