Syntegra Private Wealth Group LLC Decreases Stock Position in NVIDIA Corporation $NVDA

Key Points

• Syntegra Private Wealth Group LLC cut its NVIDIA stake by 9% in the first quarter, selling 2,984 shares and ending with 30,341 shares valued at about $5.29 million.
• NVIDIA reported strong quarterly results, with earnings per share of $1.87 and revenue of $81.61 billion, both ahead of estimates and up sharply from a year earlier.
• The company also authorized an $80 billion share repurchase program and recently raised its quarterly dividend to $0.25 per share, while Wall Street remains broadly positive with a consensus Moderate Buy rating.

Syntegra Private Wealth Group LLC decreased its position in shares of NVIDIA Corporation (NASDAQ:NVDA - Free Report) by 9.0% during the first quarter, according to its most recent Form 13F filing with the Securities & Exchange Commission. The fund owned 30,341 shares of the computer hardware maker's stock after selling 2,984 shares during the period. NVIDIA makes up about 0.5% of Syntegra Private Wealth Group LLC's investment portfolio, making the stock its 25th largest position. Syntegra Private Wealth Group LLC's holdings in NVIDIA were worth $5,291,000 at the end of the most recent reporting period.

Several other hedge funds and other institutional investors have also made changes to their positions in NVDA. Lifetime Wealth Management P.C. bought a new position in shares of NVIDIA during the fourth quarter valued at approximately $26,000. Longview Financial Advisors Inc. purchased a new position in NVIDIA during the 1st quarter valued at $27,000. Longfellow Investment Management Co. LLC boosted its holdings in NVIDIA by 47.9% during the 2nd quarter. Longfellow Investment Management Co. LLC now owns 207 shares of the computer hardware maker's stock valued at $33,000 after acquiring an additional 67 shares during the period. Inspire Investing LLC bought a new position in NVIDIA in the 4th quarter valued at $44,000. Finally, AlphaCentric Advisors LLC bought a new position in NVIDIA in the 4th quarter valued at $45,000. Hedge funds and other institutional investors own 65.27% of the company's stock.

NVIDIA Trading Down 3.4%

NASDAQ NVDA opened at $203.69 on Tuesday. NVIDIA Corporation has a 52 week low of $162.02 and a 52 week high of $236.54. The company has a 50 day moving average price of $209.57 and a 200 day moving average price of $194.60. 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 firm has a market cap of $4.93 trillion, a PE ratio of 31.19, a price-to-earnings-growth ratio of 0.46 and a beta of 2.21.

NVIDIA (NASDAQ:NVDA - Get Free Report) last announced its earnings results on Wednesday, May 20th. The computer hardware maker reported $1.87 earnings per share for the quarter, beating the consensus estimate 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 $81.61 billion during the quarter, compared to the consensus estimate of $78.42 billion. During the same period last year, the firm earned $0.81 earnings per share. NVIDIA's revenue was up 85.2% compared to the same quarter last year. As a group, sell-side analysts forecast that NVIDIA Corporation will post 8.8 EPS for the current fiscal year.

NVIDIA announced that its board has authorized a stock repurchase program on Wednesday, May 20th that authorizes the company to buyback $80.00 billion in outstanding shares. This buyback authorization authorizes the computer hardware maker to buy up to 1.5% of its shares through open market purchases. Shares buyback programs are often an indication that the company's management believes its shares are undervalued.

NVIDIA Increases Dividend

The firm also recently disclosed a quarterly dividend, which was paid on Friday, June 26th. Stockholders of record on Thursday, June 4th were given 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 was Thursday, June 4th. This is a positive change from NVIDIA's previous quarterly dividend of $0.01. NVIDIA's payout ratio is 15.31%.

Insider Buying and Selling

In other NVIDIA news, Director John Dabiri sold 625 shares of the stock in a transaction dated Wednesday, May 27th. The stock was sold at an average price of $214.00, for a total value of $133,750.00. Following the completion of the sale, the director directly owned 14,163 shares in the company, valued at approximately $3,030,882. This trade represents a 4.23% decrease in their ownership of the stock. The transaction was disclosed in a filing with the SEC, which can be accessed through the SEC website. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Also, Director Mark A. Stevens sold 885,000 shares of the business's stock in a transaction dated Thursday, June 18th. The stock was sold at an average price of $210.17, for a total value of $186,000,450.00. Following the sale, the director owned 5,207,271 shares in the company, valued at $1,094,412,146.07. The trade was a 14.53% decrease in their position. The disclosure for this sale is available in the SEC filing. Insiders have sold a total of 1,901,125 shares of company stock worth $410,583,015 in the last ninety days. 3.94% of the stock is owned by insiders.

Wall Street Analyst Weigh In

NVDA has been the subject of several research analyst reports. Bank of America reiterated a "buy" rating and set a $350.00 target price (up from $320.00) on shares of NVIDIA in a research report on Thursday, May 21st. Mizuho set a $300.00 price objective on shares of NVIDIA in a research report on Thursday, May 21st. Morgan Stanley set a $288.00 price target on NVIDIA and gave the company an "overweight" rating in a report on Thursday, May 21st. Sanford C. Bernstein reissued a "buy" rating on shares of NVIDIA in a research report on Monday, June 29th. Finally, President Capital upped their price objective on shares of NVIDIA from $280.00 to $295.00 and gave the stock a "buy" rating in a research note on Thursday, May 21st. Two analysts have rated the stock with a Strong Buy rating, forty-eight have issued a Buy rating and three have given a Hold rating to the company. Based on data from MarketBeat.com, the stock has a consensus rating of "Moderate Buy" and an average target price of $303.84.

Key Stories Impacting NVIDIA

Here are the key news stories impacting NVIDIA this week:

• Positive Sentiment: Commentary from investors and analysts continued to frame NVIDIA as the leader in AI infrastructure, with strong earnings, high margins, and ongoing demand for its chips and full-stack platform. Article Title
• Positive Sentiment: Several reports said NVIDIA remains the preferred AI-chip exposure for Wall Street, citing continued AI capex, favorable analyst ratings, and the company’s dominant position versus rivals like AMD and custom-chip efforts. Article Title
• Positive Sentiment: Coverage on AI spending suggested demand is still healthy, with TSMC’s strong sales and broader AI buildout trends reinforcing the idea that NVIDIA’s end-market remains resilient. Article Title
• Neutral Sentiment: Some articles argued that NVIDIA’s stock has lagged the broader AI trade or that other names such as Broadcom may outperform in the near term, which adds debate but does not change the core long-term thesis. Article Title
• Negative Sentiment: Broader tech weakness and profit-taking hit semiconductor stocks, and one article noted investors were trimming exposure to high-growth names, which pressured NVIDIA in the short term. Article Title
• Negative Sentiment: Several reports raised questions about whether AI spending is becoming more selective or whether competition from custom chips and rivals could eventually limit NVIDIA’s upside, creating a cautionary tone. Article Title

NVIDIA Company Profile

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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