Estuary Capital Management LP Reduces Holdings in NVIDIA Corporation $NVDA

Estuary Capital Management LP lowered its holdings in NVIDIA Corporation (NASDAQ:NVDA) by 2.7% during the 1st quarter, Holdings Channel reports. The firm owned 189,031 shares of the computer hardware maker’s stock after selling 5,269 shares during the period. NVIDIA makes up about 5.5% of Estuary Capital Management LP’s investment portfolio, making the stock its 9th largest holding. Estuary Capital Management LP’s holdings in NVIDIA were worth $32,967,000 at the end of the most recent quarter.

Other large investors have also recently made changes to their positions in the company. Mittelman Wealth Management purchased a new stake in shares of NVIDIA during the 1st quarter valued at $747,000. KCM Investment Advisors LLC boosted its holdings in shares of NVIDIA by 0.4% in the 1st quarter. KCM Investment Advisors LLC now owns 370,072 shares of the computer hardware maker’s stock worth $64,540,000 after buying an additional 1,622 shares during the last quarter. Infrastructure Capital Advisors LLC grew its position in NVIDIA by 116.5% during the first quarter. Infrastructure Capital Advisors LLC now owns 14,999 shares of the computer hardware maker’s stock valued at $2,587,000 after buying an additional 8,070 shares during the period. Maverick Capital Ltd. grew its position in NVIDIA by 6.3% during the first quarter. Maverick Capital Ltd. now owns 3,174,918 shares of the computer hardware maker’s stock valued at $553,706,000 after buying an additional 188,563 shares during the period. Finally, Excelsior Advisor Network LLC increased its holdings in NVIDIA by 6.9% during the first quarter. Excelsior Advisor Network LLC now owns 45,464 shares of the computer hardware maker’s stock worth $7,929,000 after buying an additional 2,933 shares during the last quarter. 65.27% of the stock is owned by hedge funds and other institutional investors.

Insider Activity

In other NVIDIA 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 value of $3,343,815.00. Following the completion of the transaction, the director owned 116,135 shares in the company, valued at $25,053,803.55. This trade represents a 11.77% decrease in their position. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is available through this hyperlink. Also, Director Mark A. Stevens sold 885,000 shares of NVIDIA stock in a transaction dated Thursday, June 18th. The shares were sold at an average price of $210.17, for a total value of $186,000,450.00. Following the transaction, the director directly owned 5,207,271 shares of the company’s stock, valued at $1,094,412,146.07. The trade was a 14.53% decrease in their position. Additional details regarding this sale are available in the official SEC disclosure. Over the last three months, insiders sold 1,901,125 shares of company stock worth $410,583,015. 3.94% of the stock is owned by corporate insiders.

NVIDIA Stock Performance

NASDAQ NVDA opened at $223.96 on Friday. The firm has a market cap of $5.42 trillion, a P/E ratio of 34.30, a price-to-earnings-growth ratio of 0.43 and a beta of 2.23. The company has a quick ratio of 2.85, a current ratio of 3.44 and a debt-to-equity ratio of 0.04. The company’s 50 day moving average is $205.66 and its 200-day moving average is $197.19. NVIDIA Corporation has a 12-month low of $164.07 and a 12-month high of $236.54.

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

NVIDIA announced that its board has initiated a stock buyback plan on Wednesday, May 20th that allows the company to buyback $80.00 billion in shares. This buyback authorization allows the computer hardware maker to buy up to 1.5% of its shares through open market purchases. Shares buyback plans are usually a sign that the company’s board believes its shares are undervalued.

NVIDIA Increases Dividend

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

Analysts Set New Price Targets

Several brokerages have commented on NVDA. Rosenblatt Securities reaffirmed a “buy” rating and issued a $325.00 price objective on shares of NVIDIA in a research report on Thursday, May 21st. Barclays restated an “overweight” rating on shares of NVIDIA in a research note on Thursday, May 21st. Jefferies Financial Group reiterated a “buy” rating and issued a $300.00 price objective (up from $275.00) on shares of NVIDIA in a research note on Thursday, May 21st. Itau BBA Securities dropped their price objective on NVIDIA from $256.00 to $218.00 in a research note on Wednesday, June 24th. Finally, Melius Research set a $400.00 target price on NVIDIA in a research report on Thursday, May 21st. Three investment 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. According to data from MarketBeat, the stock has a consensus rating of “Buy” and an average target price of $304.26.

NVIDIA News Summary

Here are the key news stories impacting NVIDIA this week:

• Positive Sentiment: Reports that SpaceX plans to deploy NVIDIA’s next-generation AI hardware across terrestrial and orbital computing infrastructure reinforced expectations for another major customer and expanded demand for NVIDIA systems. Time to Buy Nvidia or SpaceX Stock After Their AI Partnership?
• Positive Sentiment: Strong spending by hyperscalers, demand for AI data-center capacity, and NVIDIA-backed projects such as Firmus’ $2 billion fundraising in Australia and Asia-Pacific supported the view that AI infrastructure investment remains robust. Firmus nearly doubles valuation to over $10.5 billion
• Positive Sentiment: Analyst and market commentary highlighted NVIDIA’s leadership in sovereign AI, with one report estimating a 92% share, while investors continued to describe the company as evolving from a GPU supplier into a broader AI infrastructure platform. What’s Going On With NVIDIA Stock Friday?
• Positive Sentiment: Recent commentary pointed to accelerating AI demand, strong cash flow and valuation support, with the median analyst price target reported at $308.50 versus recent trading levels. Should You Buy NVIDIA Stock After Its 11% Rally in a Month?
• Neutral Sentiment: NVIDIA’s rally has lifted the stock roughly 12% over five sessions, increasing focus on the upcoming earnings report. Analysts remain constructive, but some traders are pausing because near-term catalysts may be limited after the sharp advance. Two reasons why Nvidia’s stock saw its biggest weekly surge
• Negative Sentiment: AMD’s acquisition of AI-inference chip startup Taalas could strengthen its competitive position and create a longer-term challenge to NVIDIA, although initial investor commentary suggested the deal does not immediately close NVIDIA’s AI gap. AMD Is Buying Its Way Deeper Into AI Inference
• Negative Sentiment: QuiverQuant data showed 45 NVIDIA insider sales and no insider purchases during the past six months, a potential caution signal as the stock trades near its highs. NVIDIA Stock Opinions on AI Market Position

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.