Sun Financial Inc Buys Shares of 18,931 NVIDIA Corporation $NVDA

Sun Financial Inc bought a new stake in NVIDIA Corporation (NASDAQ:NVDA) during the fourth quarter, HoldingsChannel.com reports. The institutional investor bought 18,931 shares of the computer hardware maker’s stock, valued at approximately $3,531,000. NVIDIA accounts for approximately 2.0% of Sun Financial Inc’s holdings, making the stock its 10th largest holding.

A number of other institutional investors also recently made changes to their positions in NVDA. Diversified Enterprises LLC boosted its stake in NVIDIA by 44.2% during the fourth quarter. Diversified Enterprises LLC now owns 127,604 shares of the computer hardware maker’s stock valued at $23,798,000 after buying an additional 39,129 shares in the last quarter. Oak Ridge Investments LLC boosted its stake in NVIDIA by 2.2% during the third quarter. Oak Ridge Investments LLC now owns 970,860 shares of the computer hardware maker’s stock valued at $181,143,000 after buying an additional 20,559 shares in the last quarter. PMG Family Office LLC bought a new position in NVIDIA during the third quarter valued at about $2,150,000. Weaver Capital Management LLC boosted its stake in NVIDIA by 5.5% during the fourth quarter. Weaver Capital Management LLC now owns 85,216 shares of the computer hardware maker’s stock valued at $15,893,000 after buying an additional 4,439 shares in the last quarter. Finally, Circle Wealth Management LLC boosted its stake in NVIDIA by 16.1% during the third quarter. Circle Wealth Management LLC now owns 107,787 shares of the computer hardware maker’s stock valued at $20,111,000 after buying an additional 14,936 shares in the last quarter. 65.27% of the stock is owned by institutional investors and hedge funds.

More NVIDIA News

Here are the key news stories impacting NVIDIA this week:

• Positive Sentiment: Wall Street turned more constructive, with Tigress Financial raising its price target on NVIDIA to $425 and maintaining a strong-buy rating, while other firms reiterated bullish views on the company’s AI leadership.
• Positive Sentiment: Multiple reports highlighted NVIDIA’s blockbuster quarterly results, including strong data center revenue growth and management commentary that demand for Blackwell, networking, and broader AI infrastructure remains robust.
• Positive Sentiment: Jensen Huang reiterated that NVIDIA is positioned to benefit from the massive build-out of AI factories, and several articles noted the company’s expanding role across cloud, enterprise, and sovereign AI spending.
• Positive Sentiment: NVIDIA’s announced plan to spend heavily in Taiwan, including a new campus and deeper supply-chain investment, was viewed as a vote of confidence in its manufacturing ecosystem and AI demand outlook.
• Neutral Sentiment: Commentary from analysts and media outlets continued to frame NVIDIA as the central winner of the AI buildout, but some articles argued that much of that optimism may already be reflected in the stock price.
• Negative Sentiment: Bearish notes focused on valuation risk, with several pieces warning that NVIDIA is no longer cheap after its big run and that the market may be pricing in very strong future growth already.
• Negative Sentiment: One Reuters report said Taiwan authorities are investigating alleged smuggling of NVIDIA chips to China via Japan, which could add to geopolitical and export-control concerns around the company’s supply chain and China exposure.
• Negative Sentiment: Some investors also remain cautious because insider selling, crowded positioning, and recent pullbacks suggest the stock may be vulnerable to short-term profit-taking despite the strong fundamentals.

NVIDIA Trading Down 1.1%

Shares of NASDAQ NVDA opened at $212.60 on Thursday. NVIDIA Corporation has a 12 month low of $132.92 and a 12 month high of $236.54. The company has a market cap of $5.14 trillion, a price-to-earnings ratio of 32.56, a P/E/G ratio of 0.52 and a beta of 2.25. 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 business has a fifty day simple moving average of $198.02 and a 200-day simple moving average of $189.36.

NVIDIA (NASDAQ:NVDA) last announced its quarterly earnings data 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 firm had revenue of $81.62 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%.The business’s revenue for the quarter was up 85.2% on a year-over-year basis. During the same period in the prior year, the business earned $0.81 EPS. Sell-side analysts predict that NVIDIA Corporation will post 8.04 EPS for the current year.

NVIDIA declared that its board has approved 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 purchase up to 1.5% of its stock through open market purchases. Stock buyback plans are often an indication that the company’s leadership 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. The ex-dividend date of this dividend is Thursday, June 4th. This represents a $1.00 annualized dividend and a yield of 0.5%. This is an increase from NVIDIA’s previous quarterly dividend of $0.01. NVIDIA’s dividend payout ratio (DPR) is currently 0.61%.

Insider Transactions at NVIDIA

In related news, 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 completion of the sale, the director directly owned 14,788 shares of the company’s stock, valued at approximately $2,734,301.20. This represents a 16.88% decrease in their position. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which is accessible through this hyperlink. Also, Director Aarti S. Shah sold 19,000 shares of the business’s stock in a transaction 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 transaction, the director owned 36,007 shares in the company, valued at approximately $6,362,796.97. This represents a 34.54% decrease in their ownership of the stock. The disclosure for this sale is available in the SEC filing. In the last 90 days, insiders sold 906,336 shares of company stock worth $162,802,518. 3.94% of the stock is currently owned by company insiders.

Analyst Upgrades and Downgrades

Several research analysts recently weighed in on the company. Tigress Financial reaffirmed a “strong-buy” rating and set a $425.00 target price (up from $360.00) on shares of NVIDIA in a research note on Wednesday. JPMorgan Chase & Co. raised their target price on NVIDIA from $265.00 to $280.00 and gave the company an “overweight” rating in a research note on Thursday, May 21st. William Blair set a $300.00 target price on NVIDIA in a research note on Thursday, March 12th. Truist Financial raised their target price on NVIDIA from $287.00 to $307.00 and gave the company a “buy” rating in a research note on Thursday, May 21st. Finally, Jefferies Financial Group reaffirmed a “buy” rating and set a $300.00 target price (up from $275.00) on shares of 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 three have given a Hold rating to the stock. Based on data from MarketBeat, the stock currently has a consensus rating of “Buy” and an average target price of $305.38.

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.