Clay Northam Wealth Management LLC Has $6.26 Million Holdings in NVIDIA Corporation $NVDA

Clay Northam Wealth Management LLC grew its stake in shares of NVIDIA Corporation (NASDAQ:NVDA) by 8.1% during the 1st quarter, Holdings Channel.com reports. The firm owned 35,918 shares of the computer hardware maker’s stock after buying an additional 2,677 shares during the quarter. NVIDIA accounts for approximately 3.5% of Clay Northam Wealth Management LLC’s portfolio, making the stock its 7th biggest position. Clay Northam Wealth Management LLC’s holdings in NVIDIA were worth $6,264,000 as of its most recent SEC filing.

A number of other institutional investors and hedge funds also recently made changes to their positions in the stock. Investment Advisory Services Group LLC grew its stake in shares of NVIDIA by 2.4% in the 1st quarter. Investment Advisory Services Group LLC now owns 2,482 shares of the computer hardware maker’s stock valued at $433,000 after buying an additional 59 shares during the period. Baxter Bros Inc. raised its stake in NVIDIA by 56.8% during the 1st quarter. Baxter Bros Inc. now owns 10,087 shares of the computer hardware maker’s stock worth $1,759,000 after buying an additional 3,652 shares during the period. Canvas Wealth Advisors LLC raised its stake in NVIDIA by 1.3% during the 1st quarter. Canvas Wealth Advisors LLC now owns 121,740 shares of the computer hardware maker’s stock worth $21,233,000 after buying an additional 1,563 shares during the period. Walser Wealth Management Company A Ltd Liability Co boosted its holdings in NVIDIA by 11.7% in the first quarter. Walser Wealth Management Company A Ltd Liability Co now owns 18,418 shares of the computer hardware maker’s stock worth $3,212,000 after acquiring an additional 1,929 shares in the last quarter. Finally, Schear Investment Advisers LLC boosted its holdings in NVIDIA by 1.3% in the first quarter. Schear Investment Advisers LLC now owns 99,890 shares of the computer hardware maker’s stock worth $17,421,000 after acquiring an additional 1,243 shares in the last quarter. Institutional investors own 65.27% of the company’s stock.

Insider Transactions at NVIDIA

In related news, Director Stephen C. Neal sold 15,500 shares of the business’s stock in a transaction dated Wednesday, June 3rd. The shares were 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 in the company, valued at approximately $25,053,803.55. The trade was a 11.77% 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 this link. Also, Director Mark A. Stevens sold 885,000 shares of the business’s stock in a transaction dated 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 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 ownership of the stock. 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 in the last quarter. 3.94% of the stock is currently owned by corporate insiders.

Key Stories Impacting NVIDIA

Here are the key news stories impacting NVIDIA this week:

• Positive Sentiment: NVIDIA expanded its AI push in Japan, unveiling partnerships with major companies and institutions to build national AI infrastructure, robotics, and localized AI models. Japan Government, Industrial Leaders and NVIDIA Launch the World’s First National AI Infrastructure
• Positive Sentiment: Japan’s robotics and manufacturing leaders are adopting NVIDIA’s Cosmos, Isaac, Metropolis, Jetson, and Nemotron platforms, reinforcing the company’s push beyond GPUs into physical AI and full-stack infrastructure. Japan’s Robotics and Manufacturing Leaders Build on NVIDIA Cosmos to Advance Physical AI Frontier
• Positive Sentiment: Analysts at KeyCorp reiterated an Overweight view and raised long-dated earnings estimates, suggesting Wall Street still sees substantial upside if NVIDIA’s AI buildout continues. MarketBeat NVIDIA analyst and earnings estimates

Analyst Upgrades and Downgrades

Several equities research analysts have recently commented on the company. Citic Securities boosted their price objective on NVIDIA from $242.00 to $315.00 and gave the company a “buy” rating in a report on Friday, May 22nd. William Blair reiterated an “outperform” rating on shares of NVIDIA in a report on Tuesday, June 2nd. Jefferies Financial Group reissued a “buy” rating and issued a $300.00 price target (up from $275.00) on shares of NVIDIA in a research report on Thursday, May 21st. Argus boosted their price target on shares of NVIDIA from $220.00 to $270.00 and gave the company a “buy” rating in a research note on Thursday, May 21st. Finally, JPMorgan Chase & Co. upped their price objective on shares of NVIDIA from $265.00 to $280.00 and gave the stock an “overweight” rating in a report on Thursday, May 21st. Two analysts have rated the stock with a Strong Buy rating, forty-eight have assigned a Buy rating and three have assigned a Hold rating to the company’s stock. According to data from MarketBeat, the company presently has an average rating of “Moderate Buy” and an average target price of $304.26.

NVIDIA Stock Down 2.4%

NVDA stock opened at $207.40 on Friday. The firm has a market capitalization of $5.02 trillion, a PE ratio of 31.76, a P/E/G ratio of 0.47 and a beta of 2.21. 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 Corporation has a twelve month low of $164.07 and a twelve month high of $236.54. The stock’s 50 day moving average is $209.88 and its 200-day moving average is $195.05.

NVIDIA (NASDAQ:NVDA) last announced its quarterly earnings results on Wednesday, May 20th. The computer hardware maker reported $1.87 earnings per share (EPS) for the quarter, topping the consensus estimate of $1.76 by $0.11. The business had revenue of $81.61 billion during the quarter, compared to the consensus estimate of $78.42 billion. NVIDIA had a return on equity of 96.94% and a net margin of 62.97%.NVIDIA’s revenue was up 85.2% compared to the same quarter last year. During the same quarter in the prior year, the company posted $0.81 earnings per share. Sell-side analysts expect that NVIDIA Corporation will post 8.8 EPS for the current fiscal year.

NVIDIA declared that its board has approved a stock buyback program on Wednesday, May 20th that permits the company to buyback $80.00 billion in outstanding shares. This buyback authorization permits the computer hardware maker to reacquire up to 1.5% of its shares through open market purchases. Shares buyback programs are often an indication that the company’s leadership believes its shares are undervalued.

NVIDIA Increases Dividend

The company also recently announced a quarterly dividend, which was paid on Friday, June 26th. Stockholders of record on Thursday, June 4th were paid a $0.25 dividend. This represents a $1.00 annualized dividend and a dividend yield of 0.5%. The ex-dividend date was Thursday, June 4th. This is a positive change from NVIDIA’s previous quarterly dividend of $0.01. NVIDIA’s dividend payout ratio (DPR) is currently 15.31%.

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.