Varma Mutual Pension Insurance Co Has $748.96 Million Position in NVIDIA Corporation $NVDA

Key Points

• Varma Mutual Pension Insurance Co increased its NVIDIA stake by 1.2% in the fourth quarter, bringing its holdings to 4,015,866 shares worth about $748.96 million. NVIDIA is now its fourth-largest holding and makes up roughly 4.5% of the portfolio.
• NVIDIA’s latest quarter was strong, with earnings of $1.87 per share topping estimates and revenue rising 85.2% year over year to $81.62 billion. The company also posted robust profitability, with a 62.97% net margin.
• Wall Street remains broadly bullish on NVIDIA, with several analysts raising price targets and the consensus rating sitting at Buy with an average target of about $305.38. The company also boosted its quarterly dividend and authorized an $80 billion share buyback.

Varma Mutual Pension Insurance Co raised its holdings in NVIDIA Corporation (NASDAQ:NVDA - Free Report) by 1.2% in the fourth quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission. The firm owned 4,015,866 shares of the computer hardware maker's stock after acquiring an additional 46,700 shares during the period. NVIDIA comprises about 4.5% of Varma Mutual Pension Insurance Co's investment portfolio, making the stock its 4th largest holding. Varma Mutual Pension Insurance Co's holdings in NVIDIA were worth $748,959,000 at the end of the most recent quarter.

A number of other institutional investors and hedge funds have also recently added to or reduced their stakes in NVDA. Longfellow Investment Management Co. LLC grew its stake in NVIDIA by 47.9% in the second 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. Spurstone Advisory Services LLC acquired a new position in NVIDIA in the second quarter valued at about $40,000. Syntax Research Inc. grew its stake in NVIDIA by 62.5% in the fourth quarter. Syntax Research Inc. now owns 260 shares of the computer hardware maker's stock valued at $49,000 after acquiring an additional 100 shares during the period. Sellwood Investment Partners LLC acquired a new position in NVIDIA in the third quarter valued at about $50,000. Finally, Networth Advisors LLC acquired a new position in NVIDIA in the fourth quarter valued at about $51,000. 65.27% of the stock is owned by institutional investors and hedge funds.

Wall Street Analysts Forecast Growth

A number of research firms have issued reports on NVDA. DA Davidson boosted their target price on NVIDIA from $250.00 to $300.00 and gave the company a "buy" rating in a research note on Monday, May 18th. New Street Research decreased their target price on NVIDIA from $343.00 to $340.00 in a research note on Thursday, May 21st. DZ Bank reissued a "buy" rating on shares of NVIDIA in a research note on Thursday, May 21st. Bank of America reissued a "buy" rating and issued a $350.00 target price (up from $320.00) on shares of NVIDIA in a research note on Thursday, May 21st. Finally, Rothschild & Co Redburn increased their price objective on NVIDIA from $280.00 to $300.00 and gave the stock a "buy" rating in a report on Tuesday. Three research analysts have rated the stock with a Strong Buy rating, forty-eight have given a Buy rating and three have issued a Hold rating to the company's stock. According to MarketBeat.com, NVIDIA has an average rating of "Buy" and an average price target of $305.38.

NVIDIA Stock Performance

NVDA opened at $212.60 on Thursday. NVIDIA Corporation has a 12-month low of $132.92 and a 12-month high of $236.54. The stock has a market cap of $5.14 trillion, a price-to-earnings ratio of 32.56, a PEG ratio of 0.52 and a beta of 2.25. The business has a 50 day moving average of $198.02 and a 200-day moving average of $189.36. 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 (NASDAQ:NVDA - Get Free Report) last released its quarterly earnings data on Wednesday, May 20th. The computer hardware maker reported $1.87 earnings per share (EPS) for the quarter, beating analysts' consensus estimates of $1.76 by $0.11. NVIDIA had a return on equity of 96.94% and a net margin of 62.97%.The company had revenue of $81.62 billion during the quarter, compared to analysts' expectations of $78.42 billion. During the same period last year, the firm posted $0.81 earnings per share. The business's revenue was up 85.2% on a year-over-year basis. On average, equities research analysts expect that NVIDIA Corporation will post 8.04 earnings per share for the current year.

NVIDIA Increases Dividend

The company also recently declared a quarterly dividend, which will be paid on Friday, June 26th. Investors of record on Thursday, June 4th will be issued a dividend of $0.25 per share. This represents a $1.00 annualized dividend and a yield of 0.5%. The ex-dividend date of this dividend is Thursday, June 4th. This is an increase from NVIDIA's previous quarterly dividend of $0.01. NVIDIA's payout ratio is 0.61%.

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

Key Headlines Impacting NVIDIA

Here are the key news stories impacting NVIDIA this week:

• Positive Sentiment: Wall Street turned more constructive, with Tigress Financial raising its price target on NVIDIA to $425 and maintaining a strong-buy rating, while other firms reiterated bullish views on the company’s AI leadership.
• Positive Sentiment: Multiple reports highlighted NVIDIA’s blockbuster quarterly results, including strong data center revenue growth and management commentary that demand for Blackwell, networking, and broader AI infrastructure remains robust.
• Positive Sentiment: Jensen Huang reiterated that NVIDIA is positioned to benefit from the massive build-out of AI factories, and several articles noted the company’s expanding role across cloud, enterprise, and sovereign AI spending.
• Positive Sentiment: NVIDIA’s announced plan to spend heavily in Taiwan, including a new campus and deeper supply-chain investment, was viewed as a vote of confidence in its manufacturing ecosystem and AI demand outlook.
• Neutral Sentiment: Commentary from analysts and media outlets continued to frame NVIDIA as the central winner of the AI buildout, but some articles argued that much of that optimism may already be reflected in the stock price.
• Negative Sentiment: Bearish notes focused on valuation risk, with several pieces warning that NVIDIA is no longer cheap after its big run and that the market may be pricing in very strong future growth already.
• Negative Sentiment: One Reuters report said Taiwan authorities are investigating alleged smuggling of NVIDIA chips to China via Japan, which could add to geopolitical and export-control concerns around the company’s supply chain and China exposure.
• Negative Sentiment: Some investors also remain cautious because insider selling, crowded positioning, and recent pullbacks suggest the stock may be vulnerable to short-term profit-taking despite the strong fundamentals.

Insider Buying and Selling at NVIDIA

In related news, EVP Ajay K. Puri sold 300,000 shares of NVIDIA stock in a transaction that occurred on Wednesday, March 18th. The stock was sold at an average price of $182.25, for a total transaction of $54,675,000.00. Following the completion of the sale, the executive vice president directly owned 3,018,547 shares of the company's stock, valued at approximately $550,130,190.75. This trade represents a 9.04% decrease in their position. The transaction was disclosed in a document filed with the SEC, which is accessible through the SEC website. Also, Director John Dabiri sold 3,004 shares of NVIDIA stock in a transaction on Friday, March 13th. The shares were sold at an average price of $184.90, for a total value of $555,439.60. Following the completion of the transaction, the director directly owned 14,788 shares of the company's stock, valued at $2,734,301.20. This represents a 16.88% decrease in their ownership of the stock. The disclosure for this sale is available in the SEC filing. Insiders sold a total of 906,336 shares of company stock worth $162,802,518 in the last 90 days. Company insiders own 3.94% of the company's stock.

NVIDIA 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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