Richard Bernstein Advisors LLC Cuts Stake in NVIDIA Corporation $NVDA

Richard Bernstein Advisors LLC trimmed its position in shares of NVIDIA Corporation (NASDAQ:NVDA) by 10.2% during the 4th quarter, according to its most recent 13F filing with the SEC. The fund owned 174,783 shares of the computer hardware maker’s stock after selling 19,847 shares during the quarter. NVIDIA comprises about 1.0% of Richard Bernstein Advisors LLC’s holdings, making the stock its 17th biggest holding. Richard Bernstein Advisors LLC’s holdings in NVIDIA were worth $32,597,000 at the end of the most recent reporting period.

Several other hedge funds and other institutional investors have also bought and sold shares of NVDA. Longfellow Investment Management Co. LLC lifted its stake in NVIDIA by 47.9% during the 2nd quarter. Longfellow Investment Management Co. LLC now owns 207 shares of the computer hardware maker’s stock valued at $33,000 after acquiring an additional 67 shares during the period. Spurstone Advisory Services LLC bought a new position in NVIDIA during the 2nd quarter valued at about $40,000. Syntax Research Inc. lifted its stake in NVIDIA by 62.5% during the 4th quarter. Syntax Research Inc. now owns 260 shares of the computer hardware maker’s stock valued at $49,000 after acquiring an additional 100 shares during the period. Sellwood Investment Partners LLC bought a new position in NVIDIA during the 3rd quarter valued at about $50,000. Finally, Networth Advisors LLC bought a new position in NVIDIA during the 4th quarter valued at about $51,000. Institutional investors own 65.27% of the company’s stock.

Wall Street Analyst Weigh In

Several research firms have issued reports on NVDA. Raymond James Financial restated a “strong-buy” rating and set a $330.00 target price on shares of NVIDIA in a research note on Thursday, May 21st. Truist Financial upped their target price on shares of NVIDIA from $287.00 to $307.00 and gave the company a “buy” rating in a research note on Thursday, May 21st. Benchmark restated a “buy” rating and set a $335.00 target price (up from $250.00) on shares of NVIDIA in a research note on Thursday, May 21st. TD Cowen restated a “buy” rating and set a $275.00 target price (up from $235.00) on shares of NVIDIA in a research note on Friday, May 15th. Finally, Melius Research set a $400.00 price objective on shares of NVIDIA in a research note on Thursday, May 21st. Three analysts have rated the stock with a Strong Buy rating, forty-seven have given a Buy rating and three have issued a Hold rating to the company’s stock. According to data from MarketBeat.com, the company has an average rating of “Buy” and a consensus price target of $305.38.

NVIDIA Price Performance

NASDAQ NVDA opened at $211.14 on Friday. NVIDIA Corporation has a 12 month low of $132.92 and a 12 month high of $236.54. The stock has a market cap of $5.11 trillion, a price-to-earnings ratio of 32.33, a PEG ratio of 0.51 and a beta of 2.25. The company’s 50 day moving average is $199.28 and its two-hundred day moving average is $189.70. The company has a current ratio of 3.44, a quick ratio of 2.85 and a debt-to-equity ratio of 0.04.

NVIDIA (NASDAQ:NVDA) last released its earnings results on Wednesday, May 20th. The computer hardware maker reported $1.87 EPS for the quarter, topping analysts’ consensus estimates 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 last year, the business earned $0.81 EPS. The firm’s revenue was up 85.2% compared to the same quarter last year. As a group, research analysts anticipate that NVIDIA Corporation will post 8.04 earnings per share for the current year.

NVIDIA Increases Dividend

The company also recently announced a quarterly dividend, which will be paid on Friday, June 26th. Shareholders of record on Thursday, June 4th will be paid a dividend of $0.25 per share. This represents a $1.00 dividend on an annualized basis and a yield of 0.5%. The ex-dividend date is Thursday, June 4th. This is a positive change from NVIDIA’s previous quarterly dividend of $0.01. NVIDIA’s dividend payout ratio (DPR) is 0.61%.

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

Insider Activity at NVIDIA

In other NVIDIA news, Director Aarti S. Shah sold 19,000 shares of the firm’s stock in a transaction that occurred on Thursday, March 19th. The shares were sold at an average price of $176.71, for a total transaction of $3,357,490.00. Following the sale, the director owned 36,007 shares in the company, valued at approximately $6,362,796.97. This trade represents a 34.54% decrease in their position. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is accessible through the SEC website. Also, Director John Dabiri sold 625 shares of the firm’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 sale, the director owned 14,163 shares in the company, valued at approximately $3,030,882. The trade was a 4.23% decrease in their position. The disclosure for this sale is available in the SEC filing. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Insiders have sold 906,961 shares of company stock worth $162,936,268 in the last 90 days. Insiders own 3.94% of the company’s stock.

Key NVIDIA News

Here are the key news stories impacting NVIDIA this week:

• Positive Sentiment: Investors are looking ahead to next week’s Computex conference, which could provide a fresh catalyst for NVIDIA’s AI-chip leadership and keep sentiment constructive around the stock. Why Nvidia stock is up around 1% today
• Positive Sentiment: Analysts and commentators continue to point to NVIDIA as the main winner from the AI server boom, with strong demand for its chips, Blackwell products, and broader data-center ecosystem. Jim Cramer names Nvidia as the winner behind Dell rally
• Positive Sentiment: News that NVIDIA is investing heavily in photonics, with billions directed toward next-generation data-center connectivity, suggests the company is trying to extend its AI leadership beyond GPUs into the next bottlenecks in AI infrastructure. Nvidia is investing billions into this emerging technology that could change the AI industry
• Positive Sentiment: Truist raised its price target on NVDA to $307 and kept a Buy rating, reinforcing the view that the company’s strong quarterly results and growth outlook remain intact. NVIDIA Corporation (NVDA) Stock Update: Truist Raises Target to $307 Following Strong Quarter
• Neutral Sentiment: CEO Jensen Huang’s reported advisory-board role at Tsinghua University keeps NVIDIA visible in China-related tech circles, but it is more of a corporate-profile headline than a direct earnings driver. Nvidia chief Jensen Huang to join board of Beijing’s Tsinghua University, FT reports
• Negative Sentiment: Director John Dabiri sold 625 shares under a pre-arranged 10b5-1 trading plan, which is routine but can still add to investor caution when the stock is already expensive and volatile. SEC filing for John Dabiri transaction
• Negative Sentiment: Several articles highlight concerns that NVIDIA’s valuation is stretched and that the stock may be struggling to extend gains after a huge AI-driven run, which can weigh on near-term trading. Nvidia And The Reality Of Paying For Perfection

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.