Shariaportfolio Inc. Raises Stock Position in NVIDIA Corporation $NVDA

Key Points

• Shariaportfolio increased its NVIDIA stake by 14.4% to 52,993 shares worth approximately $9.24 million, while institutional investors and hedge funds collectively own 65.27% of the company.
• Analysts remain broadly bullish, with NVIDIA receiving an average “Buy” rating and a consensus price target of $305.94, despite some target reductions.
• NVIDIA reported strong quarterly results, exceeding EPS and revenue estimates with year-over-year revenue growth of 85.2%; however, insiders have sold roughly $410.6 million of stock over the past 90 days.

Shariaportfolio Inc. lifted its stake in shares of NVIDIA Corporation (NASDAQ:NVDA - Free Report) by 14.4% during the first quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The institutional investor owned 52,993 shares of the computer hardware maker's stock after purchasing an additional 6,670 shares during the quarter. NVIDIA comprises 4.1% of Shariaportfolio Inc.'s investment portfolio, making the stock its 8th biggest holding. Shariaportfolio Inc.'s holdings in NVIDIA were worth $9,242,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

Several other large investors also recently made changes to their positions in the company. S&A Financial Services Inc. bought a new stake in NVIDIA in the 1st quarter valued at about $375,000. E Wealth Partners LLC boosted its holdings in NVIDIA by 14.6% in the first quarter. E Wealth Partners LLC now owns 15,105 shares of the computer hardware maker's stock worth $2,634,000 after acquiring an additional 1,924 shares in the last quarter. LFG Wealth Partners LLC boosted its holdings in NVIDIA by 8.4% in the first quarter. LFG Wealth Partners LLC now owns 61,865 shares of the computer hardware maker's stock worth $10,789,000 after acquiring an additional 4,778 shares in the last quarter. Curry Webb Wealth Management LLC acquired a new stake in NVIDIA in the first quarter valued at approximately $358,000. Finally, FAS Wealth Partners Inc. grew its stake in NVIDIA by 6.7% in the first quarter. FAS Wealth Partners Inc. now owns 157,406 shares of the computer hardware maker's stock valued at $27,452,000 after acquiring an additional 9,833 shares during the period. 65.27% of the stock is currently owned by institutional investors and hedge funds.

Analyst Ratings Changes

NVDA has been the subject of several research reports. Rothschild & Co Redburn lifted their price target on shares of NVIDIA from $280.00 to $300.00 and gave the company a "buy" rating in a research report on Tuesday, May 26th. New Street Research lowered their price objective on shares of NVIDIA from $343.00 to $340.00 in a report on Thursday, May 21st. HSBC reiterated a "buy" rating and set a $325.00 price objective (up from $295.00) on shares of NVIDIA in a report on Tuesday, May 19th. BNP Paribas Exane upped their target price on shares of NVIDIA from $270.00 to $285.00 and gave the stock an "outperform" rating in a report on Thursday, May 21st. Finally, Itau BBA Securities dropped their price target on shares of NVIDIA from $256.00 to $218.00 in a research report on Wednesday, June 24th. Three investment analysts have rated the stock with a Strong Buy rating, forty-eight have assigned a Buy rating and two have assigned a Hold rating to the company. According to MarketBeat, the stock currently has an average rating of "Buy" and a consensus price target of $305.94.

Insider Activity at NVIDIA

In related news, Director John Dabiri sold 625 shares of the business's stock in a transaction on Wednesday, May 27th. The stock was sold at an average price of $214.00, for a total transaction of $133,750.00. Following the sale, the director directly owned 14,163 shares in the company, valued at approximately $3,030,882. The trade was a 4.23% decrease in their position. The transaction was disclosed in a document filed with the SEC, which can be accessed through this hyperlink. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Also, Director Stephen C. Neal sold 15,500 shares of NVIDIA stock in a transaction dated Wednesday, June 3rd. The shares were sold at an average price of $215.73, for a total value of $3,343,815.00. Following the transaction, the director directly owned 116,135 shares of the company's stock, valued at $25,053,803.55. The trade was a 11.77% decrease in their position. Additional details regarding this sale are available in the official SEC disclosure. In the last ninety days, insiders have sold 1,901,125 shares of company stock worth $410,583,015. 3.94% of the stock is owned by corporate insiders.

NVIDIA News Summary

Here are the key news stories impacting NVIDIA this week:

• Positive Sentiment: $500 billion financing push reduces funding constraints: Bank of America said the initiative could ease financing risk by shifting much of the capital burden to Wall Street. The plan may make it easier for cloud providers and other customers to purchase NVIDIA hardware, networking products, and software, potentially extending the company’s revenue runway. BofA Says Nvidia’s $500 Billion Plan Eases Financing Risk
• Positive Sentiment: Continued demand for current and older GPUs: Susquehanna expects a continued GB300 ramp ahead of NVIDIA’s Vera Rubin platform release. Separately, CoreWeave’s CEO said the company is booking NVIDIA A100 systems through 2029 at full pricing, challenging concerns that older GPUs will rapidly lose value. Nvidia likely to see continued GB300 ramp ahead of Vera Rubin release
• Positive Sentiment: Analysts remain bullish: Recent coverage includes rating upgrades and price-target increases, with Wells Fargo maintaining an overweight rating and a $315 target. The positive views reflect expectations for sustained AI infrastructure spending and NVIDIA’s end-to-end hardware, networking, and software advantage. SA analyst upgrades and downgrades
• Positive Sentiment: Broader AI ecosystem momentum: IBM and Together AI agreed to a $240 million multiyear contract for an NVIDIA-powered inference cluster, while NVIDIA’s open-weight model efforts could strengthen its software ecosystem and CUDA platform. IBM and Together AI ink $240 million deal
• Negative Sentiment: Financing risks remain a key overhang: Critics question whether the arrangement amounts to circular financing because NVIDIA may provide residual-value support of up to 25% on some deals. Rapid GPU depreciation, potential oversupply, and lower-cost Chinese compute could weaken collateral values and expose NVIDIA to losses if customers struggle.
• Neutral Sentiment: Near-term test: Investors are likely to look to NVIDIA’s late-August earnings report for evidence that GB300 demand, expanding customer spending, and the financing strategy are translating into sustainable revenue and earnings growth.

NVIDIA Trading Up 3.0%

Shares of NVDA stock opened at $224.09 on Thursday. The company has a 50 day moving average of $205.61 and a 200-day moving average of $198.06. 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 Corporation has a 12-month low of $164.07 and a 12-month high of $236.54. The firm has a market cap of $5.42 trillion, a P/E ratio of 34.32, a PEG ratio of 0.42 and a beta of 2.23.

NVIDIA (NASDAQ:NVDA - Get Free Report) last released 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 during the quarter, compared to the consensus estimate of $78.42 billion. NVIDIA had a return on equity of 96.94% and a net margin of 62.97%.The business's revenue for the quarter was up 85.2% on a year-over-year basis. During the same period last year, the business posted $0.81 earnings per share. Sell-side analysts anticipate that NVIDIA Corporation will post 8.79 earnings per share for the current year.

NVIDIA Increases Dividend

The firm also recently declared a quarterly dividend, which was paid on Friday, June 26th. Investors of record on Thursday, June 4th were paid a dividend of $0.25 per share. This represents a $1.00 dividend on an annualized basis and a dividend yield of 0.4%. The ex-dividend date was Thursday, June 4th. This is an increase from NVIDIA's previous quarterly dividend of $0.01. NVIDIA's dividend payout ratio is currently 15.31%.

NVIDIA declared that its board has approved a share repurchase plan on Wednesday, May 20th that permits the company to buyback $80.00 billion in shares. This buyback authorization permits the computer hardware maker to repurchase up to 1.5% of its stock through open market purchases. Stock buyback plans are generally a sign that the company's board of directors believes its shares are undervalued.

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.

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