S Bank Fund Management Ltd Cuts Stock Holdings in NVIDIA Corporation $NVDA

Key Points

• S Bank Fund Management cut its NVIDIA stake by 7.4% in the fourth quarter, selling 26,697 shares and leaving it with 335,627 shares worth about $62.6 million. NVIDIA remains the fund’s largest holding, making up 8.1% of its portfolio.
• NVIDIA reported strong quarterly results, with EPS of $1.87 beating estimates and revenue of $81.62 billion topping expectations. Revenue jumped 85.2% year over year, underscoring continued AI-driven growth.
• The company also announced a dividend increase to $0.25 per share and approved an $80 billion share repurchase program. Analyst sentiment remains upbeat, with a consensus Buy rating and an average price target of $305.38.

S Bank Fund Management Ltd reduced its position in shares of NVIDIA Corporation (NASDAQ:NVDA - Free Report) by 7.4% in the fourth quarter, according to the company in its most recent 13F filing with the SEC. The institutional investor owned 335,627 shares of the computer hardware maker's stock after selling 26,697 shares during the quarter. NVIDIA comprises 8.1% of S Bank Fund Management Ltd's portfolio, making the stock its largest holding. S Bank Fund Management Ltd's holdings in NVIDIA were worth $62,594,000 at the end of the most recent reporting period.

A number of other institutional investors and hedge funds have also recently added to or reduced their stakes in NVDA. Joule Financial LLC lifted its holdings in NVIDIA by 2.2% in the 3rd quarter. Joule Financial LLC now owns 2,308 shares of the computer hardware maker's stock valued at $431,000 after acquiring an additional 50 shares during the last quarter. Presidio Capital Management LLC increased its stake in NVIDIA by 0.4% in the 4th quarter. Presidio Capital Management LLC now owns 15,137 shares of the computer hardware maker's stock worth $2,823,000 after purchasing an additional 53 shares in the last quarter. LMG Wealth Partners LLC boosted its stake in NVIDIA by 0.7% in the 4th quarter. LMG Wealth Partners LLC now owns 7,649 shares of the computer hardware maker's stock worth $1,427,000 after purchasing an additional 53 shares during the period. Vision Financial Markets LLC boosted its stake in NVIDIA by 1.2% in the 3rd quarter. Vision Financial Markets LLC now owns 4,640 shares of the computer hardware maker's stock worth $866,000 after purchasing an additional 53 shares during the period. Finally, IMG Wealth Management Inc. boosted its stake in NVIDIA by 1.4% in the 3rd quarter. IMG Wealth Management Inc. now owns 3,820 shares of the computer hardware maker's stock worth $713,000 after purchasing an additional 54 shares during the period. 65.27% of the stock is owned by institutional investors.

NVIDIA Trading Down 1.5%

Shares of NASDAQ:NVDA opened at $211.14 on Friday. The firm has a fifty day moving average of $199.28 and a two-hundred day moving average of $189.70. The firm has a market capitalization of $5.11 trillion, a P/E ratio of 32.33, a price-to-earnings-growth ratio of 0.52 and a beta of 2.25. NVIDIA Corporation has a 12-month low of $132.92 and a 12-month high of $236.54. 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 (NASDAQ:NVDA - Get Free Report) last issued its earnings results on Wednesday, May 20th. The computer hardware maker reported $1.87 earnings per share (EPS) 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 company had revenue of $81.62 billion during the quarter, compared to analyst estimates of $78.42 billion. During the same quarter last year, the business posted $0.81 EPS. The company's revenue for the quarter was up 85.2% on a year-over-year basis. On average, equities analysts expect that NVIDIA Corporation will post 8.04 EPS for the current fiscal year.

NVIDIA Increases Dividend

The company also recently declared a quarterly dividend, which will be paid on Friday, June 26th. Stockholders of record on Thursday, June 4th will be paid a dividend of $0.25 per share. This is a boost from NVIDIA's previous quarterly dividend of $0.01. The ex-dividend date of this dividend is 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 0.61%.

NVIDIA declared that its board has approved a share repurchase program 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 purchase up to 1.5% of its stock through open market purchases. Stock repurchase programs are usually a sign that the company's board believes its stock is undervalued.

Key NVIDIA News

Here are the key news stories impacting NVIDIA this week:

• Positive Sentiment: Investors are looking ahead to next week’s Computex conference, which could provide a fresh catalyst for NVIDIA’s AI-chip leadership and keep sentiment constructive around the stock. Why Nvidia stock is up around 1% today
• Positive Sentiment: Analysts and commentators continue to point to NVIDIA as the main winner from the AI server boom, with strong demand for its chips, Blackwell products, and broader data-center ecosystem. Jim Cramer names Nvidia as the winner behind Dell rally
• Positive Sentiment: News that NVIDIA is investing heavily in photonics, with billions directed toward next-generation data-center connectivity, suggests the company is trying to extend its AI leadership beyond GPUs into the next bottlenecks in AI infrastructure. Nvidia is investing billions into this emerging technology that could change the AI industry
• Positive Sentiment: Truist raised its price target on NVDA to $307 and kept a Buy rating, reinforcing the view that the company’s strong quarterly results and growth outlook remain intact. NVIDIA Corporation (NVDA) Stock Update: Truist Raises Target to $307 Following Strong Quarter
• Neutral Sentiment: CEO Jensen Huang’s reported advisory-board role at Tsinghua University keeps NVIDIA visible in China-related tech circles, but it is more of a corporate-profile headline than a direct earnings driver. Nvidia chief Jensen Huang to join board of Beijing's Tsinghua University, FT reports
• Negative Sentiment: Director John Dabiri sold 625 shares under a pre-arranged 10b5-1 trading plan, which is routine but can still add to investor caution when the stock is already expensive and volatile. SEC filing for John Dabiri transaction
• Negative Sentiment: Several articles highlight concerns that NVIDIA’s valuation is stretched and that the stock may be struggling to extend gains after a huge AI-driven run, which can weigh on near-term trading. Nvidia And The Reality Of Paying For Perfection

Wall Street Analyst Weigh In

Several brokerages have issued reports on NVDA. Weiss Ratings reissued a "buy (b)" rating on shares of NVIDIA in a research note on Friday, April 10th. Rothschild & Co Redburn boosted their target price on shares of NVIDIA from $280.00 to $300.00 and gave the company a "buy" rating in a research note on Tuesday. Wall Street Zen raised shares of NVIDIA from a "buy" rating to a "strong-buy" rating in a research note on Saturday, May 23rd. Bank of America reaffirmed a "buy" rating and set a $350.00 target price (up from $320.00) on shares of NVIDIA in a research note on Thursday, May 21st. Finally, UBS Group lifted their target price on NVIDIA from $275.00 to $280.00 and gave the company a "buy" rating in a research note on Thursday, May 21st. Three investment analysts have rated the stock with a Strong Buy rating, forty-seven have given a Buy rating and three have assigned a Hold rating to the company's stock. According to data from MarketBeat, NVIDIA currently has a consensus rating of "Buy" and an average price target of $305.38.

Insider Activity

In other news, Director Mark A. Stevens sold 221,682 shares of the stock in a transaction on Friday, March 20th. The shares were sold at an average price of $173.68, for a total transaction of $38,501,729.76. Following the transaction, the director owned 7,399,771 shares in the company, valued at $1,285,192,227.28. This represents a 2.91% decrease in their position. The sale 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 the company's stock in a transaction dated Friday, March 20th. The stock was sold at an average price of $174.89, for a total value of $7,459,058.50. Following the sale, the chief financial officer owned 881,387 shares of the company's stock, valued at approximately $154,145,772.43. This trade represents a 4.62% decrease in their position. The SEC filing for this sale provides additional information. In the last 90 days, insiders have sold 906,961 shares of company stock valued at $162,936,268. 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.

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.