Journey Advisory Group LLC increased its holdings in NVIDIA Corporation (NASDAQ:NVDA – Free Report) by 6.9% in the 1st quarter, according to its most recent filing with the SEC. The institutional investor owned 76,292 shares of the computer hardware maker’s stock after buying an additional 4,954 shares during the quarter. NVIDIA comprises approximately 1.1% of Journey Advisory Group LLC’s portfolio, making the stock its 24th biggest position. Journey Advisory Group LLC’s holdings in NVIDIA were worth $13,305,000 as of its most recent SEC filing.
Other hedge funds have also bought and sold shares of the company. Lifetime Wealth Management P.C. purchased a new position in shares of NVIDIA during the fourth quarter valued at approximately $26,000. Longview Financial Advisors Inc. bought a new position in NVIDIA during the first quarter valued at approximately $27,000. Longfellow Investment Management Co. LLC boosted its holdings in NVIDIA by 47.9% in the second quarter. Longfellow Investment Management Co. LLC now owns 207 shares of the computer hardware maker’s stock worth $33,000 after purchasing an additional 67 shares during the last quarter. Spurstone Advisory Services LLC purchased a new stake in NVIDIA in the second quarter worth approximately $40,000. Finally, Inspire Investing LLC bought a new stake in NVIDIA in the 4th quarter worth approximately $44,000. Hedge funds and other institutional investors own 65.27% of the company’s stock.
Analyst Ratings Changes
NVDA has been the subject of a number of research reports. UBS Group boosted their target price on shares of NVIDIA from $275.00 to $280.00 and gave the company a “buy” rating in a research note on Thursday, May 21st. Robert W. Baird set a $500.00 price target on NVIDIA and gave the stock an “outperform” rating in a research note on Thursday, May 21st. Argus lifted their price objective on NVIDIA from $220.00 to $270.00 and gave the stock a “buy” rating in a report on Thursday, May 21st. The Goldman Sachs Group reiterated a “buy” rating and set a $285.00 price objective (up from $250.00) on shares of NVIDIA in a research report on Wednesday, May 20th. Finally, Mizuho set a $300.00 target price on NVIDIA in a report on Thursday, May 21st. Three equities research analysts have rated the stock with a Strong Buy rating, forty-eight have issued a Buy rating and two have given a Hold rating to the company. According to data from MarketBeat.com, the company currently has a consensus rating of “Buy” and an average price target of $304.26.
Insiders Place Their Bets
In related news, Director John Dabiri sold 625 shares of the business’s stock in a transaction that occurred on Wednesday, May 27th. The stock was sold at an average price of $214.00, for a total transaction of $133,750.00. Following the completion of the transaction, the director directly owned 14,163 shares in the company, valued at approximately $3,030,882. The trade was a 4.23% decrease in their position. The sale was disclosed in a legal filing with the SEC, which can be accessed through this link. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Also, Director Stephen C. Neal sold 15,500 shares of the business’s stock in a transaction that occurred on Wednesday, June 3rd. The shares were 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. This trade represents a 11.77% 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 over 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 announced a joint AI research lab with KAIST in Seoul, a $300 million collaboration that will fund researchers, internships, and AI infrastructure to advance agentic AI in South Korea. NVIDIA and KAIST Launch Joint AI Research Lab to Accelerate AI Innovation in Korea
- Positive Sentiment: The company also struck a $1.5 billion partnership with Amkor to expand advanced semiconductor packaging and test capacity in the U.S., reinforcing NVIDIA’s AI supply chain and manufacturing footprint. Nvidia, Amkor strike $1.5 billion chip packaging deal
- Positive Sentiment: Jensen Huang and NVIDIA joined Microsoft, Meta, and others in publicly backing open-source AI models, which could support broader AI adoption and future demand for NVIDIA GPUs. Nvidia, Microsoft and other tech giants back open-source AI models
- Positive Sentiment: Several technical reports say NVDA is holding support and may be forming a bullish inverse head-and-shoulders pattern, while other analysts point to a breakout above the 50-day moving average as a possible catalyst. NVIDIA Corp. (NVDA) Price Forecast: Can NVDA Break Above Key Resistance?
- Neutral Sentiment: Institutional filings show continued buying from some funds, but insider activity remains dominated by sales, which keeps sentiment mixed rather than decisively bullish. Fund Update: 337,821 NVIDIA (NVDA) shares added to COMGEST GLOBAL INVESTORS S.A.S. portfolio
- Negative Sentiment: Broader semiconductor shares have pulled back as investors take profits and worry about AI valuation levels and heavy capex spending, which has weighed on NVIDIA along with the rest of the AI trade. Semiconductor Crossroads: Healthy Consolidation or Deeper Repricing?
- Negative Sentiment: News flow also highlights investor rotation out of the biggest AI winners and concerns that the “Magnificent 7” are digesting a surge in AI infrastructure spending, creating near-term pressure on NVDA despite strong long-term demand. Magnificent 7 stocks shed hundreds of billions amid AI spending fears
NVIDIA Stock Performance
Shares of NVIDIA stock opened at $206.84 on Monday. NVIDIA Corporation has a 1-year low of $164.07 and a 1-year high of $236.54. The company’s fifty day simple moving average is $207.85 and its 200-day simple moving average is $195.86. 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 stock has a market capitalization of $5.01 trillion, a PE ratio of 31.68, a P/E/G ratio of 0.40 and a beta of 2.21.
NVIDIA (NASDAQ:NVDA – Get Free Report) last posted 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 return on equity of 96.94% and a net margin of 62.97%.The firm had revenue of $81.61 billion during the quarter, compared to analyst estimates of $78.42 billion. During the same period in the prior year, the business posted $0.81 EPS. NVIDIA’s revenue was up 85.2% on a year-over-year basis. As a group, equities analysts anticipate that NVIDIA Corporation will post 8.79 earnings per share for the current year.
NVIDIA Increases Dividend
The business also recently declared a quarterly dividend, which was paid on Friday, June 26th. Shareholders of record on Thursday, June 4th were given a $0.25 dividend. The ex-dividend date was Thursday, June 4th. This is a positive change from NVIDIA’s previous quarterly dividend of $0.01. This represents a $1.00 dividend on an annualized basis and a yield of 0.5%. NVIDIA’s dividend payout ratio (DPR) is currently 15.31%.
NVIDIA declared that its board has authorized a share buyback program on Wednesday, May 20th that permits the company to repurchase $80.00 billion in shares. This repurchase authorization permits the computer hardware maker to repurchase up to 1.5% of its stock through open market purchases. Stock repurchase programs are usually an indication that the company’s board of directors believes its stock is undervalued.
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.
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