McLaughlin Asset Management Inc. Takes $5.93 Million Position in NVIDIA Corporation $NVDA

McLaughlin Asset Management Inc. purchased a new position in shares of NVIDIA Corporation (NASDAQ:NVDA) during the 4th quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission. The fund purchased 31,787 shares of the computer hardware maker’s stock, valued at approximately $5,928,000. NVIDIA makes up approximately 5.3% of McLaughlin Asset Management Inc.’s portfolio, making the stock its 2nd biggest position.

A number of other institutional investors and hedge funds have also modified their holdings of NVDA. Bauman Advisory Group LLC purchased a new position in NVIDIA in the 4th quarter valued at approximately $1,010,000. White Knight Strategic Wealth Advisors LLC boosted its position in NVIDIA by 1.1% during the fourth quarter. White Knight Strategic Wealth Advisors LLC now owns 49,868 shares of the computer hardware maker’s stock worth $9,300,000 after purchasing an additional 542 shares in the last quarter. Kinloch Capital LLC grew its holdings in NVIDIA by 5.6% in the fourth quarter. Kinloch Capital LLC now owns 1,141 shares of the computer hardware maker’s stock valued at $213,000 after purchasing an additional 60 shares during the last quarter. Waterford Advisors LLC grew its holdings in NVIDIA by 3.2% in the fourth quarter. Waterford Advisors LLC now owns 6,202 shares of the computer hardware maker’s stock valued at $1,157,000 after purchasing an additional 190 shares during the last quarter. Finally, Wick Capital Partners LLC increased its position in shares of NVIDIA by 4,691.8% in the fourth quarter. Wick Capital Partners LLC now owns 808,371 shares of the computer hardware maker’s stock valued at $150,761,000 after buying an additional 791,501 shares in the last quarter. Institutional investors and hedge funds own 65.27% of the company’s stock.

Key Stories Impacting NVIDIA

Here are the key news stories impacting NVIDIA this week:

• Positive Sentiment: Jensen Huang’s latest comments were interpreted as a sign that demand for NVIDIA’s AI hardware remains strong, reinforcing the view that the company still has room to grow from the AI buildout. 13 Words From Jensen Huang That Spell Good News for Nvidia Shareholders
• Positive Sentiment: Multiple reports highlighted NVIDIA’s expanding AI ecosystem, including XR AI/public beta, physical AI, and new partnerships, which supports the case that NVIDIA is moving beyond data centers into additional growth markets. How NVIDIA (NVDA) Is Extending Its AI Infrastructure Reach Into XR and Physical AI
• Positive Sentiment: NVIDIA was said to have taken the No. 1 spot in data-center Ethernet switching by revenue in Q1, underscoring that its networking business is becoming a more meaningful part of the AI stack. Nvidia takes No. 1 spot in data center ethernet switching by revenue in Q1: IDC
• Positive Sentiment: Analysts and market commentary continued to point to NVIDIA as a leading AI beneficiary versus weaker chip names, with several pieces framing it as a core alternative in the ongoing semiconductor rally. Analyst Warns Intel Valuation ‘Doesn’t Make Sense.’ Suggests NVIDIA, AMD, Micron, and Broadcom as Alternatives.
• Neutral Sentiment: Several articles noted that AI spending is broadening to suppliers, cloud providers, and custom-chip rivals, suggesting NVIDIA’s dominance is being challenged but not yet displaced. Google Is Using Nvidia’s Playbook to Build a Rival AI Chip Business
• Negative Sentiment: There were also warning signs for investors, including commentary that NVIDIA has slipped since its last earnings report and concerns that heavy AI infrastructure spending, debt financing, and competition from Amazon and Google could pressure long-term margins or growth rates. Nvidia (NVDA) Down 4% Since Last Earnings Report: Can It Rebound?

NVIDIA Price Performance

NASDAQ:NVDA opened at $210.69 on Friday. The firm has a market cap of $5.10 trillion, a price-to-earnings ratio of 32.26, a price-to-earnings-growth ratio of 0.47 and a beta of 2.22. The company has a current ratio of 3.44, a quick ratio of 2.85 and a debt-to-equity ratio of 0.04. The company’s 50-day moving average is $209.90 and its two-hundred day moving average is $192.38. NVIDIA Corporation has a 12-month low of $142.03 and a 12-month high of $236.54.

NVIDIA (NASDAQ:NVDA) last issued its quarterly 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. The business had revenue of $81.61 billion during the quarter, compared to the consensus estimate of $78.42 billion. NVIDIA had a net margin of 62.97% and a return on equity of 96.94%. The company’s quarterly revenue was up 85.2% compared to the same quarter last year. During the same period in the previous year, the firm posted $0.81 earnings per share. Research analysts expect that NVIDIA Corporation will post 8.65 EPS for the current year.

NVIDIA announced that its Board of Directors has initiated a share repurchase program on Wednesday, May 20th that allows the company to repurchase $80.00 billion in outstanding 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 shares are undervalued.

NVIDIA Increases Dividend

The company also recently announced a quarterly dividend, which will be paid on Friday, June 26th. Investors of record on Thursday, June 4th will be given a dividend of $0.25 per share. This represents a $1.00 dividend on an annualized basis and a yield of 0.5%. This is an increase from NVIDIA’s previous quarterly dividend of $0.01. The ex-dividend date is Thursday, June 4th. NVIDIA’s dividend payout ratio (DPR) is 15.31%.

Insiders Place Their Bets

In other NVIDIA news, Director Stephen C. Neal sold 15,500 shares of NVIDIA 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 completion of the sale, the director directly owned 116,135 shares of the company’s stock, valued at approximately $25,053,803.55. The trade was a 11.77% decrease in their position. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is accessible through this hyperlink. Also, Director Mark A. Stevens sold 500,000 shares of the business’s stock in a transaction on Thursday, June 4th. The shares were sold at an average price of $219.83, for a total value of $109,915,000.00. Following the completion of the transaction, the director owned 6,399,771 shares of the company’s stock, valued at $1,406,861,658.93. This trade represents a 7.25% decrease in their ownership of the stock. The disclosure for this sale is available in the SEC filing. In the last three months, insiders sold 1,016,125 shares of company stock valued at $224,582,565. Company insiders own 3.94% of the company’s stock.

Wall Street Analysts Forecast Growth

Several research analysts have recently issued reports on NVDA shares. China Renaissance assumed coverage on NVIDIA in a research note on Friday, June 5th. They set a “buy” rating and a $319.00 price target for the company. Rosenblatt Securities reissued a “buy” rating and issued a $325.00 price objective on shares of NVIDIA in a research note on Thursday, May 21st. Itau BBA Securities restated a “market perform” rating on shares of NVIDIA in a report on Thursday, February 26th. Mizuho set a $300.00 target price on shares of NVIDIA in a research report on Thursday, May 21st. Finally, Bank of America reaffirmed a “buy” rating and issued a $350.00 price target (up from $320.00) 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 given a Buy rating and three have given a Hold rating to the company’s stock. According to data from MarketBeat.com, the company presently has an average rating of “Buy” and a consensus price target of $305.67.

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.