State of Wyoming raised its stake in NVIDIA Corporation (NASDAQ:NVDA - Free Report) by 30.9% during the fourth quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The institutional investor owned 104,898 shares of the computer hardware maker's stock after buying an additional 24,776 shares during the period. NVIDIA accounts for 2.1% of State of Wyoming's holdings, making the stock its 3rd largest holding. State of Wyoming's holdings in NVIDIA were worth $19,563,000 as of its most recent filing with the Securities and Exchange Commission (SEC).
A number of other hedge funds have also recently added to or reduced their stakes in the stock. Diversified Enterprises LLC boosted its stake in NVIDIA by 44.2% in the fourth quarter. Diversified Enterprises LLC now owns 127,604 shares of the computer hardware maker's stock valued at $23,798,000 after acquiring an additional 39,129 shares during the last quarter. PMG Family Office LLC purchased a new position in NVIDIA in the third quarter valued at about $2,150,000. ASR Vermogensbeheer N.V. boosted its stake in NVIDIA by 1.8% in the fourth quarter. ASR Vermogensbeheer N.V. now owns 3,169,377 shares of the computer hardware maker's stock valued at $591,086,000 after acquiring an additional 54,877 shares during the last quarter. Weaver Capital Management LLC boosted its stake in NVIDIA by 5.5% in the fourth quarter. Weaver Capital Management LLC now owns 85,216 shares of the computer hardware maker's stock valued at $15,893,000 after acquiring an additional 4,439 shares during the last quarter. Finally, Circle Wealth Management LLC boosted its stake in NVIDIA by 16.1% in the third quarter. Circle Wealth Management LLC now owns 107,787 shares of the computer hardware maker's stock valued at $20,111,000 after acquiring an additional 14,936 shares during the last quarter. Institutional investors and hedge funds own 65.27% of the company's stock.
Key NVIDIA News
Here are the key news stories impacting NVIDIA this week:
- Positive Sentiment: Analysts remain broadly bullish, with reports saying NVIDIA’s profit margins look relatively safe through 2030 and Wall Street still sees strong upside from AI demand, Blackwell ramp momentum, and continued data center spending.
- Positive Sentiment: Several articles highlight fresh demand signals for NVIDIA hardware, including OpenAI reportedly considering an Ohio data center deal with Nvidia backing, Apple using NVIDIA GPUs for advanced AI workloads via Google Cloud, and Nebius launching NVIDIA-powered AI initiatives in the UK and Europe.
- Positive Sentiment: Management and supporters are framing the recent pullback as a buying opportunity, with Jensen Huang’s upbeat comments echoed by commentators such as Jim Cramer and multiple bullish stock-picking pieces.
- Positive Sentiment: Company-specific partnerships in South Korea and continued ecosystem expansion suggest NVIDIA remains central to the AI infrastructure buildout, which supports the long-term growth story.
- Neutral Sentiment: Some coverage notes that NVIDIA’s stock is consolidating near technical support after a strong run, which could matter more as a setup for the next move than as a sign of deteriorating fundamentals.
- Negative Sentiment: The main headwind is a broader semiconductor and tech selloff, with NVIDIA falling alongside peers like AMD and Broadcom as markets react to inflation, geopolitical worries, and a general pullback from high-multiple AI names.
- Negative Sentiment: Some articles also raise valuation concerns and point to hedge fund/institutional selling, suggesting investors are becoming more cautious after NVIDIA’s huge multi-year run.
Insider Transactions at NVIDIA
In other NVIDIA news, Director Aarti S. Shah sold 19,000 shares of the firm's stock in a transaction dated Thursday, March 19th. The stock was sold at an average price of $176.71, for a total transaction of $3,357,490.00. Following the sale, the director owned 36,007 shares in the company, valued at $6,362,796.97. This trade represents a 34.54% decrease in their ownership of the stock. The transaction was disclosed in a document filed with the SEC, which is available at this hyperlink. Also, CFO Colette Kress sold 42,650 shares of the firm's stock in a transaction dated Friday, March 20th. The shares were 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 in the company, valued at $154,145,772.43. The trade was a 4.62% decrease in their position. Additional details regarding this sale are available in the official SEC disclosure. Over the last ninety days, insiders have sold 1,622,461 shares of company stock worth $332,629,083. Company insiders own 3.94% of the company's stock.
NVIDIA Stock Performance
NVIDIA stock opened at $200.42 on Thursday. The firm's 50 day simple moving average is $205.64 and its 200 day simple moving average is $191.06. 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 firm has a market capitalization of $4.85 trillion, a PE ratio of 30.69, a price-to-earnings-growth ratio of 0.47 and a beta of 2.22. NVIDIA Corporation has a 1-year low of $140.85 and a 1-year high of $236.54.
NVIDIA (NASDAQ:NVDA - Get Free Report) last posted its 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 business had revenue of $81.62 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%. NVIDIA's revenue was up 85.2% on a year-over-year basis. During the same quarter in the prior year, the firm posted $0.81 EPS. As a group, analysts expect that NVIDIA Corporation will post 8.61 earnings per share for the current fiscal year.
NVIDIA declared that its board has initiated a share repurchase program on Wednesday, May 20th that permits the company to repurchase $80.00 billion in shares. This repurchase authorization permits the computer hardware maker to repurchase up to 1.5% of its stock through open market purchases. Stock repurchase programs are often a sign that the company's management believes its shares are undervalued.
NVIDIA Increases Dividend
The business also recently declared a quarterly dividend, which will be paid on Friday, June 26th. Stockholders of record on Thursday, June 4th will be issued a $0.25 dividend. This represents a $1.00 dividend on an annualized basis and a dividend yield of 0.5%. The ex-dividend date of this dividend is Thursday, June 4th. This is a positive change from NVIDIA's previous quarterly dividend of $0.01. NVIDIA's payout ratio is currently 15.31%.
Analyst Ratings Changes
A number of research firms have weighed in on NVDA. William Blair reiterated an "outperform" rating on shares of NVIDIA in a research note on Tuesday, June 2nd. Barclays reiterated an "overweight" rating on shares of NVIDIA in a research note on Thursday, May 21st. Rosenblatt Securities reissued a "buy" rating and issued a $325.00 price target on shares of NVIDIA in a research report on Thursday, May 21st. Weiss Ratings reissued a "buy (b)" rating on shares of NVIDIA in a research report on Friday, April 10th. Finally, Zacks Research lowered shares of NVIDIA from a "strong-buy" rating to a "hold" rating 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 three have given a Hold rating to the company. Based on data from MarketBeat, the stock currently has an average rating of "Buy" and an average target price of $305.67.
Read Our Latest Research Report on NVIDIA
About NVIDIA
(
Free Report)
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.
Further Reading
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