Thryve Wealth Management LLC Invests $4.06 Million in NVIDIA Corporation $NVDA

Thryve Wealth Management LLC acquired a new stake in NVIDIA Corporation (NASDAQ:NVDA) during the 4th quarter, HoldingsChannel.com reports. The fund acquired 21,759 shares of the computer hardware maker’s stock, valued at approximately $4,058,000. NVIDIA comprises approximately 2.0% of Thryve Wealth Management LLC’s investment portfolio, making the stock its 12th biggest holding.

Other hedge funds and other institutional investors have also recently bought and sold shares of the company. Mariner Investment Group LLC grew its stake in NVIDIA by 597.0% during the 4th quarter. Mariner Investment Group LLC now owns 497,000 shares of the computer hardware maker’s stock worth $92,690,000 after purchasing an additional 597,000 shares in the last quarter. KW Wealth Management LLC raised its position in NVIDIA by 1.2% in the 4th quarter. KW Wealth Management LLC now owns 7,394 shares of the computer hardware maker’s stock valued at $1,379,000 after purchasing an additional 89 shares in the last quarter. MidFirst Bank purchased a new position in shares of NVIDIA in the 4th quarter valued at about $66,446,000. DGS Capital Management LLC boosted its stake in shares of NVIDIA by 2.9% in the 4th quarter. DGS Capital Management LLC now owns 96,737 shares of the computer hardware maker’s stock valued at $18,041,000 after buying an additional 2,753 shares during the period. Finally, Ketron Financial acquired a new position in shares of NVIDIA during the fourth quarter worth about $134,607,000. 65.27% of the stock is currently owned by hedge funds and other institutional investors.

Analyst Ratings Changes

A number of analysts recently weighed in on the stock. 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. CICC Research boosted their price target on shares of NVIDIA from $240.60 to $268.30 and gave the stock an “outperform” rating in a report on Friday, May 22nd. Susquehanna reiterated a “positive” rating and set a $275.00 price target (up from $250.00) on shares of NVIDIA in a report on Tuesday, May 12th. President Capital raised their price objective on shares of NVIDIA from $280.00 to $295.00 and gave the company a “buy” rating in a report on Thursday, May 21st. Finally, Melius Research set a $400.00 price objective on shares of NVIDIA in a report on Thursday, May 21st. Three investment analysts have rated the stock with a Strong Buy rating, forty-eight have assigned a Buy rating and three have issued a Hold rating to the company’s stock. Based on data from MarketBeat, the company presently has an average rating of “Buy” and an average target price of $305.67.

Insider Buying and Selling

In other NVIDIA news, Director Mark A. Stevens sold 500,000 shares of the company’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 in the company, valued at $1,406,861,658.93. This represents a 7.25% decrease in their ownership of the stock. The transaction was disclosed in a legal filing with the SEC, which is available at this hyperlink. Also, Director John Dabiri sold 625 shares of the firm’s stock in a transaction dated Wednesday, May 27th. The stock was sold at an average price of $214.00, for a total value of $133,750.00. Following 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 SEC filing for this sale provides additional information. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Insiders have sold 1,016,125 shares of company stock worth $224,582,565 in the last ninety days. 3.94% of the stock is owned by corporate insiders.

Key Headlines 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

NVDA stock opened at $210.69 on Friday. The business has a 50 day moving average price of $209.90 and a 200 day moving average price of $192.38. 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 stock has a market cap of $5.10 trillion, a price-to-earnings ratio of 32.26, a PEG ratio of 0.47 and a beta of 2.22. NVIDIA Corporation has a fifty-two week low of $142.03 and a fifty-two week high of $236.54.

NVIDIA (NASDAQ:NVDA) last announced its quarterly earnings results on Wednesday, May 20th. The computer hardware maker reported $1.87 EPS for the quarter, beating 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 $81.61 billion for the quarter, compared to analyst estimates of $78.42 billion. During the same period in the prior year, the firm posted $0.81 earnings per share. The firm’s revenue was up 85.2% on a year-over-year basis. Equities research analysts anticipate that NVIDIA Corporation will post 8.65 earnings per share for the current fiscal year.

NVIDIA Increases Dividend

The business 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 $0.25 dividend. This is a positive change from NVIDIA’s previous quarterly dividend of $0.01. The ex-dividend date of this dividend is Thursday, June 4th. This represents a $1.00 dividend on an annualized basis and a dividend yield of 0.5%. NVIDIA’s payout ratio is 15.31%.

NVIDIA declared that its board has initiated a share repurchase program on Wednesday, May 20th that permits the company to buyback $80.00 billion in outstanding shares. This buyback authorization permits the computer hardware maker to buy up to 1.5% of its stock through open market purchases. Stock buyback programs are often a sign that the company’s leadership believes its stock is undervalued.

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.