Segall Bryant & Hamill LLC Has $114.79 Million Stock Position in NVIDIA Corporation $NVDA

Key Points

• Segall Bryant & Hamill reduced its NVIDIA position by 2.4%, selling 16,505 shares and retaining 658,200 shares valued at approximately $114.79 million. NVIDIA remains the firm’s largest holding, representing 1.4% of its portfolio.
• Institutional investors own 65.27% of NVIDIA, with major holders including State Street, Geode Capital Management, Norges Bank and Bank of America. Analysts maintain a favorable outlook, with a consensus “Buy” rating and an average price target of $304.26.
• NVIDIA reported quarterly earnings and revenue above expectations, with revenue up 85.2% year over year. The company also raised its quarterly dividend to $0.25 per share and authorized an $80 billion share-repurchase program, while insiders sold roughly $410.6 million of stock during the quarter.

Segall Bryant & Hamill LLC decreased its position in NVIDIA Corporation (NASDAQ:NVDA - Free Report) by 2.4% during the 1st quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The firm owned 658,200 shares of the computer hardware maker's stock after selling 16,505 shares during the period. NVIDIA makes up 1.4% of Segall Bryant & Hamill LLC's holdings, making the stock its biggest holding. Segall Bryant & Hamill LLC's holdings in NVIDIA were worth $114,790,000 at the end of the most recent quarter.

A number of other large investors have also recently bought and sold shares of NVDA. State Street Corp grew its stake in 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 purchasing an additional 11,451,386 shares during the period. Geode Capital Management LLC boosted its holdings in shares of NVIDIA by 0.6% during the 4th quarter. Geode Capital Management LLC now owns 588,803,093 shares of the computer hardware maker's stock worth $109,446,217,000 after buying an additional 3,383,441 shares in the last quarter. Norges Bank bought a new position in shares of NVIDIA during the 4th quarter worth approximately $62,244,133,000. Bank of America Corp DE grew its position in shares of NVIDIA by 2.1% during the 1st quarter. Bank of America Corp DE now owns 191,200,989 shares of the computer hardware maker's stock worth $33,345,453,000 after buying an additional 4,019,505 shares during the period. Finally, Legal & General Group Plc increased its stake in shares of 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 valued at $33,808,862,000 after acquiring an additional 2,609,560 shares in the last quarter. 65.27% of the stock is currently owned by institutional investors and hedge funds.

Wall Street Analysts Forecast Growth

A number of research analysts recently issued reports on the stock. Argus boosted their target price on shares of NVIDIA from $220.00 to $270.00 and gave the company a "buy" rating in a research report on Thursday, May 21st. New Street Research dropped their price objective on shares of NVIDIA from $343.00 to $340.00 in a report on Thursday, May 21st. Evercore reissued an "outperform" rating and set a $413.00 price objective (up from $352.00) on shares of NVIDIA in a research report on Thursday, May 21st. Tigress Financial restated a "strong-buy" rating and issued a $425.00 target price (up from $360.00) on shares of NVIDIA in a research note on Wednesday, May 27th. Finally, Benchmark reaffirmed a "buy" rating and issued a $335.00 target price (up from $250.00) on shares of NVIDIA in a research report on Thursday, May 21st. Three equities research analysts have rated the stock with a Strong Buy rating, forty-eight have given a Buy rating and two have given a Hold rating to the stock. Based on data from MarketBeat, the company has a consensus rating of "Buy" and a consensus target price of $304.26.

Insider Buying and Selling

In related news, Director Stephen C. Neal sold 15,500 shares of the company's stock in a transaction that occurred on Wednesday, June 3rd. The stock was sold at an average price of $215.73, for a total value of $3,343,815.00. Following the transaction, the director owned 116,135 shares in the company, valued at approximately $25,053,803.55. This represents a 11.77% decrease in their ownership of the stock. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is accessible through this link. Also, Director John Dabiri sold 625 shares of the stock in a transaction on Wednesday, May 27th. The shares were sold at an average price of $214.00, for a total value of $133,750.00. Following 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 ownership of the stock. The disclosure for this sale is available in the SEC filing. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. In the last quarter, insiders have sold 1,901,125 shares of company stock valued at $410,583,015. 3.94% of the stock is owned by company insiders.

NVIDIA Stock Performance

Shares of NVIDIA stock opened at $217.55 on Tuesday. The firm has a market capitalization of $5.26 trillion, a P/E ratio of 33.32, a price-to-earnings-growth ratio of 0.44 and a beta of 2.23. NVIDIA Corporation has a 12 month low of $164.07 and a 12 month high of $236.54. The company has a current ratio of 3.44, a quick ratio of 2.85 and a debt-to-equity ratio of 0.04. The business's fifty day simple moving average is $205.53 and its 200 day simple moving average is $197.54.

NVIDIA (NASDAQ:NVDA - Get Free Report) last issued its quarterly earnings results on Wednesday, May 20th. The computer hardware maker reported $1.87 earnings per share for the quarter, topping analysts' consensus estimates of $1.76 by $0.11. The company had revenue of $81.61 billion for the quarter, compared to the consensus estimate of $78.42 billion. NVIDIA had a net margin of 62.97% and a return on equity of 96.94%. The firm's quarterly revenue was up 85.2% on a year-over-year basis. During the same period in the previous year, the firm earned $0.81 EPS. As a group, analysts anticipate that NVIDIA Corporation will post 8.79 EPS for the current year.

NVIDIA Increases Dividend

The business also recently declared a quarterly dividend, which was paid on Friday, June 26th. Investors of record on Thursday, June 4th were issued a $0.25 dividend. This is a boost from NVIDIA's previous quarterly dividend of $0.01. The ex-dividend date of this dividend was Thursday, June 4th. This represents a $1.00 dividend on an annualized basis and a dividend yield of 0.5%. NVIDIA's payout ratio is presently 15.31%.

NVIDIA announced that its Board of Directors has initiated a share buyback plan 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 repurchase up to 1.5% of its stock through open market purchases. Stock repurchase plans are generally a sign that the company's board believes its stock is undervalued.

NVIDIA News Summary

Here are the key news stories impacting NVIDIA this week:

• Positive Sentiment: NVIDIA is reportedly partnering with Apollo Global Management, Blackstone, BlackRock’s Global Infrastructure Partners, Brookfield, Goldman Sachs and KKR on an AI infrastructure financing effort targeting up to $500 billion. The initiative could accelerate data-center construction and support future demand for NVIDIA’s GPUs. Nvidia teams up with Wall Street asset managers on $500 billion AI infrastructure push
• Positive Sentiment: Bank of America maintained a Buy rating and $350 price target, projecting second-quarter revenue of $94 billion to $95 billion—potentially $3 billion to $4 billion above NVIDIA’s guidance—and forecasting a “multi-quarter upgrade cycle.” BofA: Nvidia's next earnings report could kick off a multi-quarter upgrade cycle
• Positive Sentiment: Analysts remain constructive ahead of the August 26 earnings report, citing expected $91 billion of quarterly revenue, gross margins near 75%, strong Data Center demand and continued adoption of Blackwell systems. Nvidia: Buy Before Q2 Shows The AI Factory Trade Is Still Early
• Neutral Sentiment: NVIDIA is reportedly considering investing as much as $3 billion in Lancium, an AI data-center power infrastructure company. The investment could strengthen NVIDIA’s ecosystem position, but it also adds to questions about how much capital the chipmaker should devote to investments instead of share buybacks. Nvidia Stock Slips as Its AI Investments Draw Fresh Scrutiny
• Negative Sentiment: Investors are increasingly focused on NVIDIA’s expanding role in financing the AI buildout. Mark Cuban compared the strategy with dot-com-era companies that funded customers, raising concerns that financing could amplify concentration and credit risks if AI spending fails to generate adequate returns. Mark Cuban warned Nvidia's AI financing could crumble the market
• Negative Sentiment: Reports that Microsoft is reconsidering its reliance on NVIDIA in favor of internally developed AI silicon highlight a potential long-term customer-concentration and pricing risk, even though near-term demand remains robust. Microsoft rethinks its Nvidia reliance

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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