NVIDIA Corporation $NVDA Stock Position Increased by Gateway Investment Advisers LLC

Gateway Investment Advisers LLC raised its position in NVIDIA Corporation (NASDAQ:NVDA) by 7.6% during the fourth quarter, Holdings Channel reports. The firm owned 5,824,310 shares of the computer hardware maker’s stock after buying an additional 411,792 shares during the quarter. NVIDIA comprises 10.1% of Gateway Investment Advisers LLC’s portfolio, making the stock its largest holding. Gateway Investment Advisers LLC’s holdings in NVIDIA were worth $1,086,234,000 as of its most recent SEC filing.

Several other hedge funds and other institutional investors have also modified their holdings of the company. Marmo Financial Group LLC grew its stake in shares of NVIDIA by 109.6% in the fourth quarter. Marmo Financial Group LLC now owns 3,814 shares of the computer hardware maker’s stock valued at $711,000 after buying an additional 1,994 shares in the last quarter. Encompass More Asset Management grew its stake in shares of NVIDIA by 140.0% in the fourth quarter. Encompass More Asset Management now owns 57,945 shares of the computer hardware maker’s stock valued at $10,807,000 after buying an additional 33,798 shares in the last quarter. Ponta Wealth Partners LLC acquired a new stake in shares of NVIDIA in the fourth quarter valued at $8,065,000. Fire Capital Management LLC grew its stake in shares of NVIDIA by 2.3% in the fourth quarter. Fire Capital Management LLC now owns 99,518 shares of the computer hardware maker’s stock valued at $18,560,000 after buying an additional 2,279 shares in the last quarter. Finally, MA Private Wealth acquired a new stake in shares of NVIDIA in the fourth quarter valued at $356,000. 65.27% of the stock is currently owned by hedge funds and other institutional investors.

NVIDIA Stock Down 1.5%

NVIDIA stock opened at $211.14 on Friday. NVIDIA Corporation has a twelve month low of $132.92 and a twelve month high of $236.54. The stock’s fifty day simple moving average is $199.28 and its 200-day simple moving average is $189.70. 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 $5.11 trillion, a P/E ratio of 32.33, a P/E/G ratio of 0.51 and a beta of 2.25.

NVIDIA (NASDAQ:NVDA) last posted its quarterly earnings data 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. NVIDIA had a return on equity of 96.94% and a net margin of 62.97%.The business had revenue of $81.62 billion for the quarter, compared to analyst estimates of $78.42 billion. During the same quarter in the prior year, the company earned $0.81 earnings per share. The company’s revenue was up 85.2% on a year-over-year basis. As a group, equities analysts expect that NVIDIA Corporation will post 8.04 earnings per share for the current fiscal year.

NVIDIA declared that its board has initiated a stock repurchase 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 reacquire up to 1.5% of its stock through open market purchases. Stock repurchase plans are usually a sign that the company’s board of directors believes its stock is undervalued.

NVIDIA Increases Dividend

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

Insider Activity

In related news, Director John Dabiri sold 3,004 shares of the business’s stock in a transaction on Friday, March 13th. The shares were sold at an average price of $184.90, for a total transaction of $555,439.60. Following the completion of the transaction, the director owned 14,788 shares in the company, valued at approximately $2,734,301.20. The trade was a 16.88% decrease in their ownership of the stock. The sale was disclosed in a document filed with the SEC, which is accessible through the SEC website. Also, Director Mark A. Stevens sold 221,682 shares of the business’s stock in a transaction on Friday, March 20th. The stock was sold at an average price of $173.68, for a total transaction of $38,501,729.76. Following the transaction, the director owned 7,399,771 shares of the company’s stock, valued at approximately $1,285,192,227.28. The trade was a 2.91% decrease in their position. The disclosure for this sale is available in the SEC filing. In the last quarter, insiders have sold 906,961 shares of company stock valued at $162,936,268. Insiders own 3.94% of the company’s stock.

Analyst Upgrades and Downgrades

NVDA has been the subject of a number of research reports. Itau BBA Securities reaffirmed a “market perform” rating on shares of NVIDIA in a research note on Thursday, February 26th. Barclays reaffirmed an “overweight” rating on shares of NVIDIA in a research note on Thursday, May 21st. Sanford C. Bernstein reaffirmed an “outperform” rating on shares of NVIDIA in a research note on Thursday, May 21st. UBS Group lifted their price objective on NVIDIA from $275.00 to $280.00 and gave the company a “buy” rating in a research note on Thursday, May 21st. Finally, DA Davidson lifted their price objective on NVIDIA from $250.00 to $300.00 and gave the company a “buy” rating in a research note on Monday, May 18th. Three equities research analysts have rated the stock with a Strong Buy rating, forty-seven have given a Buy rating and three have issued a Hold rating to the company. Based on data from MarketBeat.com, the company currently has an average rating of “Buy” and a consensus target price of $305.38.

NVIDIA News Summary

Here are the key news stories impacting NVIDIA this week:

• Positive Sentiment: Investors are looking ahead to next week’s Computex conference, which could provide a fresh catalyst for NVIDIA’s AI-chip leadership and keep sentiment constructive around the stock. Why Nvidia stock is up around 1% today
• Positive Sentiment: Analysts and commentators continue to point to NVIDIA as the main winner from the AI server boom, with strong demand for its chips, Blackwell products, and broader data-center ecosystem. Jim Cramer names Nvidia as the winner behind Dell rally
• Positive Sentiment: News that NVIDIA is investing heavily in photonics, with billions directed toward next-generation data-center connectivity, suggests the company is trying to extend its AI leadership beyond GPUs into the next bottlenecks in AI infrastructure. Nvidia is investing billions into this emerging technology that could change the AI industry
• Positive Sentiment: Truist raised its price target on NVDA to $307 and kept a Buy rating, reinforcing the view that the company’s strong quarterly results and growth outlook remain intact. NVIDIA Corporation (NVDA) Stock Update: Truist Raises Target to $307 Following Strong Quarter
• Neutral Sentiment: CEO Jensen Huang’s reported advisory-board role at Tsinghua University keeps NVIDIA visible in China-related tech circles, but it is more of a corporate-profile headline than a direct earnings driver. Nvidia chief Jensen Huang to join board of Beijing’s Tsinghua University, FT reports
• Negative Sentiment: Director John Dabiri sold 625 shares under a pre-arranged 10b5-1 trading plan, which is routine but can still add to investor caution when the stock is already expensive and volatile. SEC filing for John Dabiri transaction
• Negative Sentiment: Several articles highlight concerns that NVIDIA’s valuation is stretched and that the stock may be struggling to extend gains after a huge AI-driven run, which can weigh on near-term trading. Nvidia And The Reality Of Paying For Perfection

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.