Pure Financial Advisors LLC Grows Holdings in NVIDIA Corporation $NVDA

Key Points

• Pure Financial Advisors LLC boosted its NVIDIA stake by 8.7% in the fourth quarter, ending with 183,423 shares worth about $34.2 million. Several other hedge funds also increased holdings, and institutional investors now own 65.27% of the stock.
• NVIDIA reported strong quarterly results, with EPS of $1.87 beating estimates and revenue of $81.62 billion, up 85.2% year over year. The company also announced a massive $80 billion share buyback and increased its quarterly dividend to $0.25 from $0.01.
• Wall Street remains broadly bullish on NVDA, with a consensus Buy rating and an average price target of $305.38. Recent analyst notes included higher targets from JPMorgan, Wolfe Research, Tigress Financial, Stifel, and DA Davidson.

Pure Financial Advisors LLC increased its position in NVIDIA Corporation (NASDAQ:NVDA - Free Report) by 8.7% in the 4th quarter, according to its most recent 13F filing with the Securities and Exchange Commission. The institutional investor owned 183,423 shares of the computer hardware maker's stock after acquiring an additional 14,712 shares during the quarter. Pure Financial Advisors LLC's holdings in NVIDIA were worth $34,208,000 at the end of the most recent quarter.

Several other hedge funds and other institutional investors also recently added to or reduced their stakes in the company. Osprey Private Wealth LLC increased its holdings in NVIDIA by 10.0% in the 4th quarter. Osprey Private Wealth LLC now owns 124,425 shares of the computer hardware maker's stock worth $23,205,000 after acquiring an additional 11,275 shares in the last quarter. Dynamic Wealth Strategies LLC increased its holdings in NVIDIA by 41.2% in the 4th quarter. Dynamic Wealth Strategies LLC now owns 4,618 shares of the computer hardware maker's stock worth $861,000 after acquiring an additional 1,347 shares in the last quarter. Income Insurance Ltd purchased a new stake in NVIDIA in the 4th quarter worth approximately $13,778,000. D Orazio & Associates Inc. boosted its stake in NVIDIA by 4.2% in the 4th quarter. D Orazio & Associates Inc. now owns 47,408 shares of the computer hardware maker's stock worth $8,842,000 after purchasing an additional 1,904 shares during the period. Finally, Ballast Rock Private Wealth LLC bought a new position in NVIDIA in the 4th quarter worth approximately $3,007,000. 65.27% of the stock is owned by hedge funds and other institutional investors.

NVIDIA Trading Down 0.7%

NVDA stock opened at $222.82 on Wednesday. The firm has a fifty day moving average price of $200.19 and a 200 day moving average price of $189.85. NVIDIA Corporation has a fifty-two week low of $137.95 and a fifty-two week high of $236.54. The company has a debt-to-equity ratio of 0.04, a quick ratio of 2.85 and a current ratio of 3.44. The firm has a market cap of $5.39 trillion, a PE ratio of 34.12, a price-to-earnings-growth ratio of 0.54 and a beta of 2.22.

NVIDIA (NASDAQ:NVDA - Get Free Report) last posted its earnings results on Wednesday, May 20th. The computer hardware maker reported $1.87 earnings per share for the quarter, beating analysts' consensus estimates of $1.76 by $0.11. NVIDIA had a net margin of 62.97% and a return on equity of 96.94%. The firm had revenue of $81.62 billion during the quarter, compared to analyst estimates of $78.42 billion. During the same period last year, the firm posted $0.81 earnings per share. NVIDIA's revenue for the quarter was up 85.2% compared to the same quarter last year. Sell-side analysts anticipate that NVIDIA Corporation will post 8.04 earnings per share for the current fiscal year.

NVIDIA announced that its board has authorized a share buyback program on Wednesday, May 20th that permits the company to repurchase $80.00 billion in outstanding shares. This repurchase authorization permits the computer hardware maker to purchase up to 1.5% of its shares through open market purchases. Shares repurchase programs are often a sign that the company's board of directors believes its stock is undervalued.

NVIDIA Increases Dividend

The firm also recently announced a quarterly dividend, which will be paid on Friday, June 26th. Investors of record on Thursday, June 4th will be issued a $0.25 dividend. This represents a $1.00 dividend on an annualized basis and a dividend yield of 0.4%. This is a boost from NVIDIA's previous quarterly dividend of $0.01. The ex-dividend date of this dividend is Thursday, June 4th. NVIDIA's payout ratio is 0.61%.

Insider Transactions at NVIDIA

In related news, Director Aarti S. Shah sold 19,000 shares of the firm's stock in a transaction on Thursday, March 19th. The shares were sold at an average price of $176.71, for a total value of $3,357,490.00. Following the completion of the transaction, the director directly owned 36,007 shares of the company's stock, valued at approximately $6,362,796.97. This trade represents a 34.54% decrease in their ownership of the stock. The transaction was disclosed in a document filed with the SEC, which can be accessed through this hyperlink. Also, CFO Colette Kress sold 42,650 shares of NVIDIA stock in a transaction on Friday, March 20th. The stock was sold at an average price of $174.89, for a total transaction of $7,459,058.50. Following the transaction, the chief financial officer directly owned 881,387 shares of the company's stock, valued at $154,145,772.43. The trade was a 4.62% decrease in their ownership of the stock. Additional details regarding this sale are available in the official SEC disclosure. Insiders sold a total of 906,961 shares of company stock valued at $162,936,268 in the last 90 days. Company insiders own 3.94% of the company's stock.

Wall Street Analyst Weigh In

Several research analysts have weighed in on the company. JPMorgan Chase & Co. upped their price target on NVIDIA from $265.00 to $280.00 and gave the stock an "overweight" rating in a research note on Thursday, May 21st. Wolfe Research reaffirmed an "outperform" rating and set a $275.00 target price on shares of NVIDIA in a research note on Thursday, May 21st. Tigress Financial reaffirmed a "strong-buy" rating and set a $425.00 target price (up from $360.00) on shares of NVIDIA in a research note on Wednesday, May 27th. Stifel Nicolaus set a $282.00 target price on shares of NVIDIA and gave the company a "buy" rating in a research note on Thursday, May 21st. Finally, DA Davidson reaffirmed a "buy" rating and set a $300.00 target price on shares of NVIDIA in a research note on Monday. Three investment analysts have rated the stock with a Strong Buy rating, forty-seven 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 a consensus rating of "Buy" and an average target price of $305.38.

Key NVIDIA News

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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