VectorGlobal IAG Inc. Buys Shares of 97,786 NVIDIA Corporation $NVDA

VectorGlobal IAG Inc. purchased a new position in shares of NVIDIA Corporation (NASDAQ:NVDA) in the 1st quarter, HoldingsChannel.com reports. The firm purchased 97,786 shares of the computer hardware maker’s stock, valued at approximately $17,054,000. NVIDIA accounts for about 4.4% of VectorGlobal IAG Inc.’s holdings, making the stock its biggest position.

Other hedge funds also recently modified their holdings of the company. State Street Corp increased its stake in shares of NVIDIA by 1.2% in the fourth quarter. State Street Corp now owns 991,480,489 shares of the computer hardware maker’s stock worth $184,911,111,000 after purchasing an additional 11,451,386 shares in the last quarter. Geode Capital Management LLC grew its stake in NVIDIA by 0.6% in the 4th quarter. Geode Capital Management LLC now owns 588,803,093 shares of the computer hardware maker’s stock valued at $109,446,217,000 after buying an additional 3,383,441 shares in the last quarter. Norges Bank bought a new stake in NVIDIA during the 4th quarter valued at $62,244,133,000. Bank of America Corp DE lifted its position in shares of NVIDIA by 2.1% during the first quarter. Bank of America Corp DE now owns 191,200,989 shares of the computer hardware maker’s stock worth $33,345,453,000 after acquiring an additional 4,019,505 shares in the last quarter. Finally, Legal & General Group Plc lifted its position in shares of NVIDIA by 1.5% during the third quarter. Legal & General Group Plc now owns 181,203,035 shares of the computer hardware maker’s stock worth $33,808,862,000 after acquiring an additional 2,609,560 shares in the last quarter. Institutional investors own 65.27% of the company’s stock.

Analyst Upgrades and Downgrades

A number of research firms recently issued reports on NVDA. Evercore reiterated an “outperform” rating and set a $413.00 price objective (up from $352.00) on shares of NVIDIA in a research note on Thursday, May 21st. Wolfe Research restated an “outperform” rating and issued a $275.00 target price on shares of NVIDIA in a research note on Thursday, May 21st. Bank of America reaffirmed a “buy” rating and set a $350.00 target price (up from $320.00) on shares of NVIDIA in a report on Thursday, May 21st. Seaport Research Partners upped their price target on NVIDIA from $140.00 to $180.00 and gave the company a “sell” rating in a research report on Thursday, May 21st. Finally, Rosenblatt Securities reissued a “buy” rating and issued a $325.00 price target on shares of NVIDIA in a report on Thursday, May 21st. Three equities research analysts have rated the stock with a Strong Buy rating, forty-eight have given a Buy rating and two have assigned a Hold rating to the stock. Based on data from MarketBeat.com, NVIDIA has an average rating of “Buy” and an average target price of $305.94.

Key Stories Impacting NVIDIA

Here are the key news stories impacting NVIDIA this week:

• Positive Sentiment: $500 billion financing push reduces funding constraints: Bank of America said the initiative could ease financing risk by shifting much of the capital burden to Wall Street. The plan may make it easier for cloud providers and other customers to purchase NVIDIA hardware, networking products, and software, potentially extending the company’s revenue runway. BofA Says Nvidia’s $500 Billion Plan Eases Financing Risk
• Positive Sentiment: Continued demand for current and older GPUs: Susquehanna expects a continued GB300 ramp ahead of NVIDIA’s Vera Rubin platform release. Separately, CoreWeave’s CEO said the company is booking NVIDIA A100 systems through 2029 at full pricing, challenging concerns that older GPUs will rapidly lose value. Nvidia likely to see continued GB300 ramp ahead of Vera Rubin release
• Positive Sentiment: Analysts remain bullish: Recent coverage includes rating upgrades and price-target increases, with Wells Fargo maintaining an overweight rating and a $315 target. The positive views reflect expectations for sustained AI infrastructure spending and NVIDIA’s end-to-end hardware, networking, and software advantage. SA analyst upgrades and downgrades
• Positive Sentiment: Broader AI ecosystem momentum: IBM and Together AI agreed to a $240 million multiyear contract for an NVIDIA-powered inference cluster, while NVIDIA’s open-weight model efforts could strengthen its software ecosystem and CUDA platform. IBM and Together AI ink $240 million deal
• Negative Sentiment: Financing risks remain a key overhang: Critics question whether the arrangement amounts to circular financing because NVIDIA may provide residual-value support of up to 25% on some deals. Rapid GPU depreciation, potential oversupply, and lower-cost Chinese compute could weaken collateral values and expose NVIDIA to losses if customers struggle.
• Neutral Sentiment: Near-term test: Investors are likely to look to NVIDIA’s late-August earnings report for evidence that GB300 demand, expanding customer spending, and the financing strategy are translating into sustainable revenue and earnings growth.

Insider Activity

In related news, Director Stephen C. Neal sold 15,500 shares of the firm’s stock in a transaction dated Wednesday, June 3rd. The stock was sold at an average price of $215.73, for a total transaction of $3,343,815.00. Following the transaction, the director directly owned 116,135 shares of the company’s stock, valued at approximately $25,053,803.55. This trade represents a 11.77% decrease in their position. The sale was disclosed in a filing with the SEC, which is accessible through this link. Also, Director John Dabiri sold 625 shares of the firm’s stock in a transaction dated Wednesday, May 27th. The shares were sold at an average price of $214.00, for a total value of $133,750.00. Following the transaction, the director directly owned 14,163 shares in the company, valued at approximately $3,030,882. This represents a 4.23% decrease in their ownership of the stock. The disclosure for this sale is available in the SEC filing. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. In the last three months, insiders have sold 1,901,125 shares of company stock worth $410,583,015. 3.94% of the stock is currently owned by insiders.

NVIDIA Price Performance

Shares of NASDAQ:NVDA opened at $224.09 on Thursday. The company’s fifty day moving average price is $205.61 and its 200-day moving average price is $198.06. The company has a debt-to-equity ratio of 0.04, a current ratio of 3.44 and a quick ratio of 2.85. The firm has a market capitalization of $5.42 trillion, a price-to-earnings ratio of 34.32, a PEG ratio of 0.42 and a beta of 2.23. NVIDIA Corporation has a one year low of $164.07 and a one year high of $236.54.

NVIDIA (NASDAQ:NVDA) last posted its quarterly earnings data on Wednesday, May 20th. The computer hardware maker reported $1.87 earnings per share (EPS) for the quarter, topping analysts’ consensus estimates of $1.76 by $0.11. The company had revenue of $81.61 billion during the quarter, compared to the consensus estimate of $78.42 billion. NVIDIA had a net margin of 62.97% and a return on equity of 96.94%. The firm’s revenue was up 85.2% compared to the same quarter last year. During the same period in the previous year, the firm posted $0.81 EPS. On average, equities research analysts anticipate that NVIDIA Corporation will post 8.79 earnings per share for the current fiscal year.

NVIDIA Increases Dividend

The company also recently disclosed a quarterly dividend, which was paid on Friday, June 26th. Stockholders of record on Thursday, June 4th were issued a $0.25 dividend. This represents a $1.00 dividend on an annualized basis and a dividend yield of 0.4%. The ex-dividend date was Thursday, June 4th. This is an increase from NVIDIA’s previous quarterly dividend of $0.01. NVIDIA’s dividend payout ratio (DPR) is currently 15.31%.

NVIDIA declared that its board has approved a stock 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 reacquire up to 1.5% of its shares through open market purchases. Shares buyback plans are often an indication that the company’s board believes its shares are undervalued.

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.