OP Asset Management Ltd Takes $919.68 Million Position in NVIDIA Corporation $NVDA

OP Asset Management Ltd purchased a new position in shares of NVIDIA Corporation (NASDAQ:NVDA) during the first quarter, according to its most recent filing with the Securities and Exchange Commission. The institutional investor purchased 5,273,424 shares of the computer hardware maker’s stock, valued at approximately $919,685,000. NVIDIA accounts for about 9.2% of OP Asset Management Ltd’s investment portfolio, making the stock its biggest position.

Several other hedge funds have also made changes to their positions in NVDA. Diversified Enterprises LLC grew its holdings in NVIDIA by 44.2% in the 4th quarter. Diversified Enterprises LLC now owns 127,604 shares of the computer hardware maker’s stock worth $23,798,000 after buying an additional 39,129 shares in the last quarter. ASR Vermogensbeheer N.V. raised its stake in NVIDIA by 1.8% during the 4th quarter. ASR Vermogensbeheer N.V. now owns 3,169,377 shares of the computer hardware maker’s stock valued at $591,086,000 after acquiring an additional 54,877 shares in the last quarter. PMG Family Office LLC acquired a new stake in NVIDIA in the third quarter worth about $2,150,000. Storen Legacy Partners LLC acquired a new position in NVIDIA during the 4th quarter valued at about $1,350,000. Finally, Weaver Capital Management LLC increased its stake in NVIDIA by 5.5% during the 4th 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 during the period. Institutional investors own 65.27% of the company’s stock.

NVIDIA Stock Performance

Shares of NVDA opened at $194.97 on Tuesday. 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 firm’s 50 day moving average is $210.60 and its 200-day moving average is $193.13. NVIDIA Corporation has a 12-month low of $151.49 and a 12-month high of $236.54. The stock has a market capitalization of $4.72 trillion, a P/E ratio of 29.86, a P/E/G ratio of 0.43 and a beta of 2.22.

NVIDIA (NASDAQ:NVDA) last released its 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. The business had revenue of $81.61 billion during the quarter, compared to analyst estimates of $78.42 billion. NVIDIA had a net margin of 62.97% and a return on equity of 96.94%. The business’s quarterly revenue was up 85.2% on a year-over-year basis. During the same period in the prior year, the business earned $0.81 earnings per share. Equities research analysts anticipate that NVIDIA Corporation will post 8.69 EPS for the current fiscal year.

NVIDIA announced that its board has approved a share repurchase plan on Wednesday, May 20th that permits the company to buyback $80.00 billion in shares. This buyback authorization permits the computer hardware maker to purchase up to 1.5% of its shares through open market purchases. Shares buyback plans are typically a sign that the company’s management believes its shares are undervalued.

NVIDIA Increases Dividend

The business also recently disclosed a quarterly dividend, which was paid on Friday, June 26th. Stockholders of record on Thursday, June 4th were given a dividend of $0.25 per share. This is a boost from NVIDIA’s previous quarterly dividend of $0.01. The ex-dividend date was 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 currently 15.31%.

Insider Transactions at NVIDIA

In other news, Director John Dabiri sold 625 shares of the business’s stock in a transaction 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 directly owned 14,163 shares of the company’s stock, valued at $3,030,882. The trade was a 4.23% decrease in their ownership of the stock. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is available at 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 company’s stock in a transaction 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 sale, the director directly owned 116,135 shares of the company’s stock, valued at approximately $25,053,803.55. This represents a 11.77% decrease in their ownership of the stock. The disclosure for this sale is available in the SEC filing. Insiders sold a total of 1,901,125 shares of company stock valued at $410,583,015 in the last three months. 3.94% of the stock is currently owned by corporate insiders.

Analyst Ratings Changes

NVDA has been the subject of a number of research analyst reports. DZ Bank reaffirmed a “buy” rating on shares of NVIDIA in a research note on Thursday, May 21st. Sanford C. Bernstein reiterated a “buy” rating on shares of NVIDIA in a research note on Monday. President Capital boosted their target price on NVIDIA from $280.00 to $295.00 and gave the stock a “buy” rating in a report on Thursday, May 21st. Rosenblatt Securities restated a “buy” rating and issued a $325.00 target price on shares of NVIDIA in a research report on Thursday, May 21st. Finally, 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. Three 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, the stock has an average rating of “Buy” and an average price target of $303.84.

Key NVIDIA News

Here are the key news stories impacting NVIDIA this week:

• Positive Sentiment: Palantir announced a new AI partnership with NVIDIA, reinforcing NVDA’s role as the core enabler of government and enterprise AI deployments. Palantir and Nvidia Bring Open AI Models Inside U.S. Government Systems
• Positive Sentiment: Australia’s Firmus Technologies struck an AI access deal with NVIDIA, another sign that smaller AI firms are leaning on NVDA’s ecosystem to secure compute capacity. Australia’s Firmus Technologies strikes AI access deal with Nvidia
• Positive Sentiment: Bernstein reaffirmed its buy rating on NVIDIA, while broader commentary noted that most analysts remain bullish on the stock despite recent cooling. NVIDIA had its “buy” rating reaffirmed by Sanford C. Bernstein.
• Neutral Sentiment: Articles highlighted NVIDIA’s expanding AI infrastructure push, including partnerships aimed at giving smaller companies more affordable access to Nvidia-powered computing. Nvidia’s AI Infrastructure Push Gets Bigger
• Neutral Sentiment: Some reports also warned of risks around chip export controls and AI sentiment, including a probe into alleged NVIDIA chip smuggling and broader talk of an AI valuation pullback, which may keep volatility elevated. Super Micro Plunges 8% as Taiwan Raids Its Offices in NVIDIA AI Chip Smuggling Probe

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.