NVIDIA Corporation $NVDA Shares Sold by Prestige Wealth Management Group LLC

Prestige Wealth Management Group LLC reduced its holdings in shares of NVIDIA Corporation (NASDAQ:NVDA) by 17.0% in the 1st quarter, HoldingsChannel reports. The fund owned 30,751 shares of the computer hardware maker’s stock after selling 6,310 shares during the quarter. NVIDIA accounts for approximately 1.1% of Prestige Wealth Management Group LLC’s investment portfolio, making the stock its 22nd biggest holding. Prestige Wealth Management Group LLC’s holdings in NVIDIA were worth $5,363,000 as of its most recent filing with the SEC.

Other large investors have also modified their holdings of the company. Levin Capital Strategies L.P. boosted its stake in NVIDIA by 6.3% in the first quarter. Levin Capital Strategies L.P. now owns 23,206 shares of the computer hardware maker’s stock valued at $4,047,000 after acquiring an additional 1,383 shares in the last quarter. Clearwater Capital Advisors LLC grew its stake in shares of NVIDIA by 32.7% in the 1st quarter. Clearwater Capital Advisors LLC now owns 19,773 shares of the computer hardware maker’s stock valued at $3,448,000 after purchasing an additional 4,873 shares during the last quarter. AR Asset Management Inc. increased its stake in NVIDIA by 5.4% in the 1st quarter. AR Asset Management Inc. now owns 82,430 shares of the computer hardware maker’s stock valued at $14,376,000 after buying an additional 4,200 shares during the period. Fairbanks Capital Management Inc. acquired a new position in shares of NVIDIA during the first quarter worth about $5,319,000. Finally, Signature Equity Partners LLC raised its stake in shares of NVIDIA by 28.4% during the 1st quarter. Signature Equity Partners LLC now owns 31,781 shares of the computer hardware maker’s stock worth $5,543,000 after buying an additional 7,029 shares in the last quarter. Institutional investors and hedge funds own 65.27% of the company’s stock.

Key Stories Impacting NVIDIA

Here are the key news stories impacting NVIDIA this week:

• Positive Sentiment: Cloud providers are accelerating spending on AI infrastructure, particularly NVIDIA’s liquid-cooled Blackwell systems. This reinforced expectations that demand for NVIDIA’s data-center GPUs remains well ahead of supply ahead of the company’s next earnings report. Nvidia stock climbs as AI infrastructure demand boosts investor sentiment
• Positive Sentiment: Analyst and earnings-preview coverage remains bullish. NVIDIA has a strong history of beating estimates, while reported first-quarter revenue of $81.6 billion and data-center revenue of $75.2 billion showed exceptional year-over-year growth. Forecasts also point to continued momentum from the Blackwell and upcoming Vera Rubin platforms. Will Nvidia beat estimates again
• Positive Sentiment: A strong Nasdaq and semiconductor-sector rebound lifted sentiment across chip stocks, providing an additional market-wide catalyst for NVDA. Some analysts argue that NVIDIA’s valuation remains reasonable relative to its growth and potential future sales. Nvidia beats stock market upswing
• Neutral Sentiment: NVIDIA is using financial guarantees, equity investments, and revenue-sharing arrangements to help customers build AI data centers and secure demand for Vera Rubin. The strategy could strengthen its ecosystem and market share, but it also increases exposure to customer defaults, cash outflows, and weaker AI-investment returns. Nvidia financial engineering and Vera Rubin
• Negative Sentiment: Risk-focused coverage highlights concerns about circular financing, rising AI infrastructure costs, and whether hyperscaler spending can remain economically justified. NVIDIA has also traded sideways for several months, suggesting investors may require stronger earnings or guidance to sustain a breakout. Nvidia stock remains in a $200 rut
• Negative Sentiment: Longer-term competitive risks are emerging as custom AI chips gain traction and AI-generated software could weaken CUDA’s traditional competitive moat, particularly as workloads shift from training toward inference. AI threats to Nvidia CUDA

NVIDIA Stock Up 2.9%

Shares of NVIDIA stock opened at $206.64 on Tuesday. The company has a debt-to-equity ratio of 0.04, a current ratio of 3.44 and a quick ratio of 2.85. NVIDIA Corporation has a 1-year low of $164.07 and a 1-year high of $236.54. The business has a 50-day moving average of $205.24 and a 200-day moving average of $196.34. The company has a market capitalization of $5.00 trillion, a PE ratio of 31.64, a P/E/G ratio of 0.39 and a beta of 2.23.

NVIDIA (NASDAQ:NVDA) last announced its earnings results 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. The company had revenue of $81.61 billion for the quarter, compared to analyst estimates of $78.42 billion. NVIDIA had a return on equity of 96.94% and a net margin of 62.97%.NVIDIA’s quarterly revenue was up 85.2% on a year-over-year basis. During the same period in the prior year, the company posted $0.81 EPS. As a group, equities analysts forecast that NVIDIA Corporation will post 8.79 EPS for the current fiscal year.

NVIDIA Increases Dividend

The company also recently disclosed a quarterly dividend, which was paid on Friday, June 26th. Investors of record on Thursday, June 4th were issued a $0.25 dividend. This is an increase from NVIDIA’s previous quarterly dividend of $0.01. This represents a $1.00 annualized dividend and a yield of 0.5%. The ex-dividend date of this dividend was Thursday, June 4th. NVIDIA’s dividend payout ratio is presently 15.31%.

NVIDIA announced that its board has approved a stock repurchase plan on Wednesday, May 20th that allows the company to repurchase $80.00 billion in outstanding shares. This repurchase authorization allows the computer hardware maker to repurchase up to 1.5% of its stock through open market purchases. Stock repurchase plans are often an indication that the company’s board of directors believes its shares are undervalued.

Analysts Set New Price Targets

A number of brokerages have recently issued reports on NVDA. Tigress Financial reiterated a “strong-buy” rating and issued a $425.00 price target (up from $360.00) on shares of NVIDIA in a report on Wednesday, May 27th. DZ Bank reissued a “buy” rating on shares of NVIDIA in a report on Thursday, May 21st. Itau BBA Securities cut their price objective on shares of NVIDIA from $256.00 to $218.00 in a research report on Wednesday, June 24th. Morgan Stanley set a $288.00 target price on NVIDIA and gave the company an “overweight” rating in a research note on Thursday, May 21st. Finally, Deutsche Bank Aktiengesellschaft reaffirmed a “hold” rating and set a $255.00 price target (up from $220.00) on shares of NVIDIA in a research note on Thursday, May 21st. Three investment analysts have rated the stock with a Strong Buy rating, forty-eight have issued a Buy rating and two have issued a Hold rating to the company’s stock. According to data from MarketBeat, the company has an average rating of “Buy” and a consensus price target of $304.26.

Insider Activity at NVIDIA

In other news, Director Mark A. Stevens sold 885,000 shares of the company’s stock in a transaction that occurred on Thursday, June 18th. The stock was sold at an average price of $210.17, for a total transaction of $186,000,450.00. Following the completion of the transaction, the director directly owned 5,207,271 shares of the company’s stock, valued at approximately $1,094,412,146.07. This represents a 14.53% decrease in their ownership of the stock. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which can be accessed through the SEC website. Also, Director Stephen C. Neal sold 15,500 shares of the company’s stock in a transaction on Wednesday, June 3rd. The stock was sold at an average price of $215.73, for a total value of $3,343,815.00. Following the transaction, the director owned 116,135 shares of the company’s stock, valued at approximately $25,053,803.55. The trade was a 11.77% decrease in their ownership of the stock. Additional details regarding this sale are available in the official SEC disclosure. In the last ninety days, insiders have sold 1,901,125 shares of company stock valued at $410,583,015. Corporate insiders own 3.94% of the company’s stock.

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.