Interchange Capital Partners LLC Increases Stock Position in NVIDIA Corporation $NVDA

Interchange Capital Partners LLC lifted its holdings in shares of NVIDIA Corporation (NASDAQ:NVDA) by 11.8% during the 4th quarter, Holdings Channel reports. The firm owned 63,063 shares of the computer hardware maker’s stock after purchasing an additional 6,638 shares during the period. NVIDIA makes up 2.2% of Interchange Capital Partners LLC’s holdings, making the stock its 7th largest holding. Interchange Capital Partners LLC’s holdings in NVIDIA were worth $11,761,000 at the end of the most recent quarter.

Several other hedge funds also recently made changes to their positions in the business. State Street Corp increased its stake in NVIDIA by 1.0% in the second quarter. State Street Corp now owns 978,208,862 shares of the computer hardware maker’s stock valued at $154,556,803,000 after acquiring an additional 9,554,857 shares during the last quarter. Geode Capital Management LLC boosted its holdings in shares of NVIDIA by 1.5% in the 2nd quarter. Geode Capital Management LLC now owns 579,213,497 shares of the computer hardware maker’s stock valued at $91,150,170,000 after purchasing an additional 8,521,936 shares in the last quarter. Norges Bank acquired a new stake in shares of NVIDIA in the 2nd quarter valued at $51,386,863,000. Legal & General Group Plc boosted its holdings in shares of NVIDIA by 1.5% in the 3rd quarter. Legal & General Group Plc now owns 181,203,035 shares of the computer hardware maker’s stock valued at $33,808,862,000 after purchasing an additional 2,609,560 shares in the last quarter. Finally, Capital Research Global Investors boosted its holdings in shares of NVIDIA by 16.1% in the 3rd quarter. Capital Research Global Investors now owns 165,377,852 shares of the computer hardware maker’s stock valued at $30,855,564,000 after purchasing an additional 22,896,705 shares in the last quarter. 65.27% of the stock is owned by institutional investors.

More NVIDIA News

Here are the key news stories impacting NVIDIA this week:

• Positive Sentiment: NVIDIA delivered a record quarter with massive revenue growth, strong guidance, and record data center sales. The Tech Download: What you might have missed in Nvidia’s earnings — a $200 billion opportunity and edge computing
• Positive Sentiment: The company raised its dividend sharply and approved an $80 billion buyback, signaling confidence in future cash generation. Nvidia Just Raised Its Dividend By 2,400% — and That Wasn’t Even the Biggest News From Its Earnings Report
• Positive Sentiment: Wall Street remains broadly bullish, with multiple analysts raising price targets after earnings. Nvidia stock continues to struggle after earnings, but analysts remain firmly bullish
• Neutral Sentiment: Despite the strong report, the market seems to be digesting the results rather than rewarding them, suggesting investors may think the bar was already very high. Nvidia Stock Misses Out on Friday’s Rally. Here’s How Much Traders See It Moving Next Week
• Negative Sentiment: Some investors remain worried about valuation, competition, and the possibility that AI spending growth could slow from current extreme levels. Why Nvidia Stock Is Barely Moving After Earnings Crushed Expectations

Insider Buying and Selling

In related news, EVP Ajay K. Puri sold 300,000 shares of the business’s stock in a transaction on Wednesday, March 18th. The shares were sold at an average price of $182.25, for a total value of $54,675,000.00. Following the sale, the executive vice president owned 3,018,547 shares of the company’s stock, valued at $550,130,190.75. The trade was a 9.04% decrease in their ownership of the stock. The sale was disclosed in a document filed with the SEC, which is available through the SEC website. Also, Director John Dabiri sold 3,004 shares of the stock in a transaction dated Friday, March 13th. The stock was sold at an average price of $184.90, for a total value of $555,439.60. Following the sale, the director owned 14,788 shares of the company’s stock, valued at approximately $2,734,301.20. The trade was a 16.88% decrease in their ownership of the stock. Additional details regarding this sale are available in the official SEC disclosure. Insiders have sold a total of 906,336 shares of company stock valued at $162,802,518 over the last quarter. 4.17% of the stock is currently owned by company insiders.

NVIDIA Stock Performance

Shares of NVIDIA stock opened at $215.33 on Friday. The company has a quick ratio of 3.24, a current ratio of 3.44 and a debt-to-equity ratio of 0.04. NVIDIA Corporation has a twelve month low of $129.16 and a twelve month high of $236.54. The stock has a market cap of $5.21 trillion, a price-to-earnings ratio of 32.98, a P/E/G ratio of 0.68 and a beta of 2.25. The company’s fifty day moving average is $196.10 and its 200 day moving average is $189.06.

NVIDIA (NASDAQ:NVDA) last issued its quarterly earnings data on Wednesday, May 20th. The computer hardware maker reported $1.87 earnings per share 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 $81.62 billion for the quarter, compared to analysts’ expectations of $78.42 billion. During the same quarter in the previous year, the firm posted $0.81 earnings per share. NVIDIA’s revenue for the quarter was up 85.2% on a year-over-year basis. Sell-side analysts forecast that NVIDIA Corporation will post 7.88 EPS for the current year.

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

NVIDIA Increases Dividend

The firm also recently disclosed a quarterly dividend, which will be paid on Friday, June 26th. Investors of record on Thursday, June 4th will be paid a $0.25 dividend. This is a positive change from NVIDIA’s previous quarterly dividend of $0.01. This represents a $1.00 annualized dividend and a dividend yield of 0.5%. The ex-dividend date of this dividend is Thursday, June 4th. NVIDIA’s payout ratio is presently 0.82%.

Analysts Set New Price Targets

A number of brokerages have weighed in on NVDA. CICC Research raised their target price on NVIDIA from $240.60 to $268.30 and gave the company an “outperform” rating in a report on Friday. Deutsche Bank Aktiengesellschaft reaffirmed a “hold” rating and issued a $255.00 target price (up from $220.00) on shares of NVIDIA in a report on Thursday. Mizuho set a $300.00 price target on NVIDIA in a research note on Thursday. Needham & Company LLC reissued a “buy” rating and set a $270.00 price objective (up from $240.00) on shares of NVIDIA in a report on Thursday. Finally, Citigroup started coverage on NVIDIA in a report on Wednesday, April 15th. They set a “buy” rating on the stock. Four investment analysts have rated the stock with a Strong Buy rating, forty-eight have given a Buy rating and two have given a Hold rating to the stock. Based on data from MarketBeat.com, NVIDIA currently has an average rating of “Buy” and a consensus target price of $303.27.

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.