Tema ETFs LLC Purchases 18,850 Shares of NVIDIA Corporation $NVDA

Key Points

• Tema ETFs increased its NVIDIA position by 10.8% in the second quarter, purchasing 18,850 shares and ending with 193,692 shares valued at approximately $38.8 million.
• Institutional ownership remains substantial, with hedge funds and other institutional investors holding 65.27% of NVIDIA’s stock. Analysts maintain a bullish outlook, with a consensus “Buy” rating and an average price target of $308.01.
• NVIDIA faces strong AI-driven demand and potential infrastructure investments, but investors are also weighing competitive risks, China-related uncertainty, elevated Treasury yields and insider selling. The company additionally authorized an $80 billion share-buyback program.

Tema ETFs LLC raised its position in shares of NVIDIA Corporation (NASDAQ:NVDA - Free Report) by 10.8% in the second quarter, according to the company in its most recent filing with the SEC. The institutional investor owned 193,692 shares of the computer hardware maker's stock after purchasing an additional 18,850 shares during the quarter. NVIDIA accounts for about 1.3% of Tema ETFs LLC's investment portfolio, making the stock its 19th biggest holding. Tema ETFs LLC's holdings in NVIDIA were worth $38,756,000 at the end of the most recent reporting period.

Other large investors have also bought and sold shares of the company. Diversified Enterprises LLC grew its stake in shares of NVIDIA by 44.2% in the fourth quarter. Diversified Enterprises LLC now owns 127,604 shares of the computer hardware maker's stock worth $23,798,000 after acquiring an additional 39,129 shares during the period. Altshuler Shaham Ltd lifted its position in NVIDIA by 6,451.9% during the first quarter. Altshuler Shaham Ltd now owns 637,236 shares of the computer hardware maker's stock valued at $111,134,000 after purchasing an additional 627,510 shares during the period. ASR Vermogensbeheer N.V. boosted its holdings 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 worth $591,086,000 after purchasing an additional 54,877 shares during the last quarter. Storen Legacy Partners LLC bought a new stake in NVIDIA in the 4th quarter worth approximately $1,350,000. Finally, Arrowstreet Capital Limited Partnership grew its position in NVIDIA by 3.6% in the 4th quarter. Arrowstreet Capital Limited Partnership now owns 26,652,420 shares of the computer hardware maker's stock worth $4,970,704,000 after purchasing an additional 936,506 shares during the period. 65.27% of the stock is owned by hedge funds and other institutional investors.

Trending Headlines about NVIDIA

Here are the key news stories impacting NVIDIA this week:

• Positive Sentiment: NVIDIA is reportedly in advanced talks to invest several hundred million dollars in Cloverleaf Infrastructure, a developer of U.S. data-center power and infrastructure. The move could help address the electricity bottleneck limiting AI capacity while strengthening NVIDIA’s role in projects that use its systems. Nvidia in Talks to Invest in Data-Center Power Developer Cloverleaf Infrastructure
• Positive Sentiment: Analyst support remains strong before earnings. BMO named NVIDIA its top semiconductor pick with a $340 price target, while Jefferies reportedly expects revenue to exceed consensus by roughly $3 billion. Consensus forecasts call for approximately $91 billion of quarterly revenue, supported by Blackwell and broader AI infrastructure demand. Nvidia stock dubbed top pick ahead of Q2 earnings
• Positive Sentiment: Reports that SpaceX is standardizing its AI infrastructure on NVIDIA chips reinforce the company’s competitive position and could support demand for its next-generation Vera Rubin platform. NVIDIA is also exploring a potential partnership or acquisition involving South Korean AI-chip designer Rebellions, indicating continued investment in its AI ecosystem. NVIDIA Could Snap up Korean AI Chip Startup Rebellions
• Neutral Sentiment: NVIDIA’s proposed investment in Cloverleaf follows other efforts to finance AI infrastructure and convert future GPU capacity into a financeable asset. The strategy could accelerate deployments, but it also exposes NVIDIA to capital-allocation and customer-financing risks. Nvidia Makes Another Bet on the AI Power Bottleneck
• Negative Sentiment: Investors are weighing possible competitive and product risks. NVIDIA is reportedly testing Rubin Ultra configurations with less high-bandwidth memory than originally planned, while Microsoft is preparing its own Maia 300 AI chip. These developments could raise questions about performance, supply availability and long-term customer diversification. NVIDIA and AMD: Rubin Ultra memory reports
• Negative Sentiment: NVIDIA denied a report that it plans small-batch shipments of a China-specific AI chip by year-end, removing a potential near-term catalyst. Analysts also say any renewed China H200 sales may have only a limited effect on revenue. Nvidia to ship AI chip for China by year-end
• Negative Sentiment: Higher Treasury yields and warnings from investors such as Michael Burry that AI data-center financing may be excessive are adding valuation pressure ahead of a high-expectation earnings event.

Insiders Place Their Bets

In other news, Director John Dabiri sold 625 shares of the firm's stock in a transaction on Wednesday, May 27th. The shares were 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 $3,030,882. This trade represents a 4.23% decrease in their position. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is available at this hyperlink. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Also, Director Mark A. Stevens sold 885,000 shares of NVIDIA stock in a transaction on Thursday, June 18th. The shares were sold at an average price of $210.17, for a total transaction of $186,000,450.00. Following the transaction, the director owned 5,207,271 shares in the company, valued at approximately $1,094,412,146.07. This trade represents a 14.53% decrease in their position. The SEC filing for this sale provides additional information. Insiders sold a total of 1,901,125 shares of company stock worth $410,583,015 over the last three months. 3.94% of the stock is currently owned by company insiders.

Wall Street Analyst Weigh In

Several research firms have recently weighed in on NVDA. DZ Bank reissued a "buy" rating on shares of NVIDIA in a report on Thursday, May 21st. Zacks Research raised NVIDIA from a "hold" rating to a "strong-buy" rating in a report on Monday, July 20th. Robert W. Baird set a $500.00 price objective on NVIDIA and gave the company an "outperform" rating in a research report on Thursday, May 21st. The Goldman Sachs Group reissued a "buy" rating on shares of NVIDIA in a report on Tuesday, August 11th. Finally, BMO Capital Markets set a $340.00 target price on NVIDIA and gave the stock an "outperform" rating in a research report on Thursday. Three investment analysts have rated the stock with a Strong Buy rating, forty-nine have issued a Buy rating and two have issued a Hold rating to the stock. Based on data from MarketBeat.com, the stock has a consensus rating of "Buy" and a consensus target price of $308.01.

NVIDIA Trading Down 1.0%

Shares of NASDAQ:NVDA opened at $214.75 on Friday. The stock has a 50 day moving average of $207.47 and a 200 day moving average of $199.52. The company has a market cap of $5.20 trillion, a PE ratio of 32.89, a price-to-earnings-growth ratio of 0.43 and a beta of 2.23. The company has a current ratio of 3.44, a quick ratio of 2.85 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.

NVIDIA (NASDAQ:NVDA - Get Free Report) last released its earnings results on Wednesday, May 20th. The computer hardware maker reported $1.87 EPS for the quarter, topping 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 $81.61 billion for the quarter, compared to analysts' expectations of $78.42 billion. During the same quarter last year, the business earned $0.81 EPS. The firm's revenue was up 85.2% compared to the same quarter last year. As a group, equities research analysts expect that NVIDIA Corporation will post 8.8 EPS for the current year.

NVIDIA announced that its board has approved a share buyback plan on Wednesday, May 20th that allows the company to buyback $80.00 billion in outstanding shares. This buyback authorization allows the computer hardware maker to purchase up to 1.5% of its shares through open market purchases. Shares buyback plans are typically an indication that the company's leadership 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.

Want to see what other hedge funds are holding NVDA? Visit HoldingsChannel.com to get the latest 13F filings and insider trades for NVIDIA Corporation (NASDAQ:NVDA - Free Report).

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.

Continue following MarketBeat

Add MarketBeat as your preferred source on Google to see our latest stories in your feed.

Add As Preferred Source