R Squared Ltd Trims Stock Holdings in NVIDIA Corporation $NVDA

Key Points

• R Squared Ltd cut its NVIDIA position by 83.2% in the first quarter, selling 9,909 shares and leaving it with 2,000 shares valued at about $349,000.
• NVIDIA reported strong quarterly results, with EPS of $1.87 beating estimates and revenue of $81.61 billion, up 85.2% year over year.
• The company also boosted shareholder returns by raising its dividend to $0.25 per quarter and approving an $80 billion share buyback program, while analysts generally remain bullish on the stock.

R Squared Ltd lowered its stake in shares of NVIDIA Corporation (NASDAQ:NVDA - Free Report) by 83.2% during the first quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The fund owned 2,000 shares of the computer hardware maker's stock after selling 9,909 shares during the period. R Squared Ltd's holdings in NVIDIA were worth $349,000 as of its most recent SEC filing.

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

NVIDIA Trading Down 2.4%

NVDA stock opened at $207.40 on Friday. The company has a market cap of $5.02 trillion, a price-to-earnings ratio of 31.76, a PEG ratio of 0.47 and a beta of 2.21. The company has a quick ratio of 2.85, a current ratio of 3.44 and a debt-to-equity ratio of 0.04. The business has a fifty day simple moving average of $209.88 and a 200-day simple moving average of $195.05. NVIDIA Corporation has a 52 week low of $164.07 and a 52 week high of $236.54.

NVIDIA (NASDAQ:NVDA - Get Free Report) last issued its earnings results on Wednesday, May 20th. The computer hardware maker reported $1.87 earnings per share for the quarter, topping 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 business had revenue of $81.61 billion for the quarter, compared to analyst estimates of $78.42 billion. During the same period last year, the company posted $0.81 EPS. The business's quarterly revenue was up 85.2% on a year-over-year basis. On average, equities research analysts expect that NVIDIA Corporation will post 8.8 EPS for the current year.

NVIDIA Increases Dividend

The company also recently disclosed a quarterly dividend, which was paid on Friday, June 26th. Stockholders of record on Thursday, June 4th were issued a $0.25 dividend. This is a positive change from NVIDIA's previous quarterly dividend of $0.01. The ex-dividend date was Thursday, June 4th. This represents a $1.00 dividend on an annualized basis and a dividend yield of 0.5%. NVIDIA's dividend payout ratio (DPR) is 15.31%.

NVIDIA declared that its Board of Directors has approved a share buyback plan on Wednesday, May 20th that allows the company to repurchase $80.00 billion in outstanding shares. This repurchase authorization allows the computer hardware maker to reacquire up to 1.5% of its shares through open market purchases. Shares repurchase plans are often an indication that the company's management believes its stock is undervalued.

Analyst Ratings Changes

NVDA has been the subject of several analyst reports. Daiwa Securities Group boosted their price target on NVIDIA from $215.00 to $255.00 and gave the company an "outperform" rating in a report on Friday, May 22nd. Rosenblatt Securities reaffirmed a "buy" rating and issued a $325.00 price objective on shares of NVIDIA in a research report on Thursday, May 21st. Benchmark reiterated a "buy" rating and issued a $335.00 target price (up from $250.00) on shares of NVIDIA in a research note on Thursday, May 21st. Morgan Stanley set a $288.00 price target on NVIDIA and gave the stock an "overweight" rating in a research note on Thursday, May 21st. Finally, Tigress Financial restated a "strong-buy" rating and issued a $425.00 price target (up from $360.00) on shares of NVIDIA in a report on Wednesday, May 27th. Two investment analysts have rated the stock with a Strong Buy rating, forty-eight have issued a Buy rating and three have issued a Hold rating to the stock. According to MarketBeat, NVIDIA currently has an average rating of "Moderate Buy" and a consensus price target of $304.26.

NVIDIA News Roundup

Here are the key news stories impacting NVIDIA this week:

• Positive Sentiment: NVIDIA expanded its AI push in Japan, unveiling partnerships with major companies and institutions to build national AI infrastructure, robotics, and localized AI models. Japan Government, Industrial Leaders and NVIDIA Launch the World's First National AI Infrastructure
• Positive Sentiment: Japan’s robotics and manufacturing leaders are adopting NVIDIA’s Cosmos, Isaac, Metropolis, Jetson, and Nemotron platforms, reinforcing the company’s push beyond GPUs into physical AI and full-stack infrastructure. Japan's Robotics and Manufacturing Leaders Build on NVIDIA Cosmos to Advance Physical AI Frontier
• Positive Sentiment: Analysts at KeyCorp reiterated an Overweight view and raised long-dated earnings estimates, suggesting Wall Street still sees substantial upside if NVIDIA’s AI buildout continues. MarketBeat NVIDIA analyst and earnings estimates

Insider Transactions at NVIDIA

In related news, Director Mark A. Stevens sold 885,000 shares of the firm's stock in a transaction that occurred on Thursday, June 18th. The shares were sold at an average price of $210.17, for a total value of $186,000,450.00. Following the transaction, the director owned 5,207,271 shares in the company, valued at approximately $1,094,412,146.07. This trade represents a 14.53% decrease in their ownership of the stock. The transaction was disclosed in a filing with the SEC, which is accessible through the SEC website. Also, Director Stephen C. Neal sold 15,500 shares of NVIDIA stock in a transaction that occurred on Wednesday, June 3rd. The shares were sold at an average price of $215.73, for a total transaction of $3,343,815.00. Following the transaction, the director directly owned 116,135 shares in the company, valued at approximately $25,053,803.55. This trade represents a 11.77% decrease in their ownership of the stock. The SEC filing for this sale provides additional information. In the last quarter, insiders sold 1,901,125 shares of company stock worth $410,583,015. 3.94% of the stock is currently owned by company insiders.

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.

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