Pure Financial Advisors LLC Purchases 14,712 Shares of NVIDIA Corporation $NVDA

Key Points

• Pure Financial Advisors LLC increased its NVIDIA stake by 8.7% in the fourth quarter, buying 14,712 additional shares and ending with 183,423 shares worth about $34.2 million.
• NVIDIA continues to attract major institutional interest, with hedge funds and other investors owning 65.27% of the stock and several firms recently adding new positions or boosting holdings.
• The company’s latest results and outlook remain strong: NVIDIA beat earnings and revenue estimates, authorized an $80 billion share buyback, raised its quarterly dividend, and analysts largely maintain bullish ratings with an average price target of $305.67.

Pure Financial Advisors LLC lifted its holdings in NVIDIA Corporation (NASDAQ:NVDA - Free Report) by 8.7% in the 4th quarter, according to its most recent filing with the SEC. The firm owned 183,423 shares of the computer hardware maker's stock after purchasing an additional 14,712 shares during the period. Pure Financial Advisors LLC's holdings in NVIDIA were worth $34,208,000 at the end of the most recent quarter.

Several other institutional investors and hedge funds also recently added to or reduced their stakes in NVDA. SHP Wealth Management purchased a new position in NVIDIA in the fourth quarter worth $18,354,000. Keenan LLC acquired a new stake in shares of NVIDIA during the fourth quarter worth about $861,000. BSN CAPITAL PARTNERS Ltd acquired a new stake in NVIDIA during the 4th quarter valued at approximately $463,491,000. Stenger Family Office LLC boosted its holdings in NVIDIA by 32.2% in the fourth quarter. Stenger Family Office LLC now owns 139,771 shares of the computer hardware maker's stock valued at $26,067,000 after purchasing an additional 34,027 shares during the last quarter. Finally, Employees Provident Fund Board purchased a new stake in shares of NVIDIA in the fourth quarter worth about $1,243,336,000. Hedge funds and other institutional investors own 65.27% of the company's stock.

NVIDIA News Roundup

Here are the key news stories impacting NVIDIA this week:

• Positive Sentiment: Jensen Huang’s latest comments were interpreted as a sign that demand for NVIDIA’s AI hardware remains strong, reinforcing the view that the company still has room to grow from the AI buildout. 13 Words From Jensen Huang That Spell Good News for Nvidia Shareholders
• Positive Sentiment: Multiple reports highlighted NVIDIA’s expanding AI ecosystem, including XR AI/public beta, physical AI, and new partnerships, which supports the case that NVIDIA is moving beyond data centers into additional growth markets. How NVIDIA (NVDA) Is Extending Its AI Infrastructure Reach Into XR and Physical AI
• Positive Sentiment: NVIDIA was said to have taken the No. 1 spot in data-center Ethernet switching by revenue in Q1, underscoring that its networking business is becoming a more meaningful part of the AI stack. Nvidia takes No. 1 spot in data center ethernet switching by revenue in Q1: IDC
• Positive Sentiment: Analysts and market commentary continued to point to NVIDIA as a leading AI beneficiary versus weaker chip names, with several pieces framing it as a core alternative in the ongoing semiconductor rally. Analyst Warns Intel Valuation ‘Doesn't Make Sense.' Suggests NVIDIA, AMD, Micron, and Broadcom as Alternatives.
• Neutral Sentiment: Several articles noted that AI spending is broadening to suppliers, cloud providers, and custom-chip rivals, suggesting NVIDIA’s dominance is being challenged but not yet displaced. Google Is Using Nvidia's Playbook to Build a Rival AI Chip Business
• Negative Sentiment: There were also warning signs for investors, including commentary that NVIDIA has slipped since its last earnings report and concerns that heavy AI infrastructure spending, debt financing, and competition from Amazon and Google could pressure long-term margins or growth rates. Nvidia (NVDA) Down 4% Since Last Earnings Report: Can It Rebound?

Insider Activity at NVIDIA

In other news, Director John Dabiri sold 625 shares of NVIDIA stock in a transaction dated Wednesday, May 27th. The shares were sold at an average price of $214.00, for a total transaction of $133,750.00. Following the completion of the sale, the director directly owned 14,163 shares in the company, valued at $3,030,882. The trade was a 4.23% decrease in their ownership of the stock. The sale was disclosed in a filing with the SEC, which is available through the SEC website. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Also, Director Mark A. Stevens sold 500,000 shares of the company's stock in a transaction on Thursday, June 4th. The shares were sold at an average price of $219.83, for a total value of $109,915,000.00. Following the completion of the transaction, the director owned 6,399,771 shares of the company's stock, valued at $1,406,861,658.93. The trade was a 7.25% decrease in their ownership of the stock. The SEC filing for this sale provides additional information. Insiders sold 1,016,125 shares of company stock valued at $224,582,565 in the last ninety days. Corporate insiders own 3.94% of the company's stock.

NVIDIA Price Performance

Shares of NASDAQ:NVDA opened at $210.69 on Monday. The company has a current ratio of 3.44, a quick ratio of 2.85 and a debt-to-equity ratio of 0.04. NVIDIA Corporation has a twelve month low of $142.03 and a twelve month high of $236.54. The company has a market capitalization of $5.10 trillion, a PE ratio of 32.26, a P/E/G ratio of 0.47 and a beta of 2.22. The firm has a 50 day simple moving average of $209.90 and a 200-day simple moving average of $192.47.

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, topping analysts' consensus estimates of $1.76 by $0.11. The business had revenue of $81.61 billion for the quarter, compared to analyst estimates of $78.42 billion. NVIDIA had a net margin of 62.97% and a return on equity of 96.94%. The company's revenue for the quarter was up 85.2% compared to the same quarter last year. During the same period last year, the firm posted $0.81 earnings per share. On average, equities analysts predict that NVIDIA Corporation will post 8.65 EPS for the current fiscal year.

NVIDIA announced that its Board of Directors has approved a stock repurchase plan on Wednesday, May 20th that authorizes the company to buyback $80.00 billion in outstanding shares. This buyback authorization authorizes the computer hardware maker to purchase up to 1.5% of its stock through open market purchases. Stock buyback plans are generally an indication that the company's board believes its stock is undervalued.

NVIDIA Increases Dividend

The business also recently announced a quarterly dividend, which will be paid on Friday, June 26th. Shareholders of record on Thursday, June 4th will be given a dividend of $0.25 per share. The ex-dividend date is Thursday, June 4th. This is an increase from NVIDIA's previous quarterly dividend of $0.01. This represents a $1.00 annualized dividend and a yield of 0.5%. NVIDIA's dividend payout ratio (DPR) is currently 15.31%.

Wall Street Analysts Forecast Growth

A number of equities analysts recently weighed in on the company. Susquehanna reaffirmed a "positive" rating and issued a $275.00 price target (up from $250.00) on shares of NVIDIA in a report on Tuesday, May 12th. Wall Street Zen raised shares of NVIDIA from a "buy" rating to a "strong-buy" rating in a research note on Saturday, May 23rd. Raymond James Financial reissued a "strong-buy" rating and set a $330.00 price objective on shares of NVIDIA in a research note on Thursday, May 21st. Deutsche Bank Aktiengesellschaft reissued a "hold" rating and issued a $255.00 price target (up from $220.00) on shares of NVIDIA in a research note on Thursday, May 21st. Finally, Daiwa Securities Group boosted their price objective on shares of NVIDIA from $215.00 to $255.00 and gave the company an "outperform" rating in a report on Friday, May 22nd. Three equities research analysts have rated the stock with a Strong Buy rating, forty-eight have issued a Buy rating and three have assigned a Hold rating to the company's stock. According to MarketBeat, the stock currently has an average rating of "Buy" and an average target price of $305.67.

NVIDIA Company 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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