OLD National Bancorp IN Has $20.60 Million Position in NVIDIA Corporation $NVDA

OLD National Bancorp IN grew its position in NVIDIA Corporation (NASDAQ:NVDA) by 7.6% during the 1st quarter, according to its most recent 13F filing with the SEC. The institutional investor owned 118,099 shares of the computer hardware maker’s stock after purchasing an additional 8,365 shares during the period. OLD National Bancorp IN’s holdings in NVIDIA were worth $20,596,000 as of its most recent filing with the SEC.

Other large investors have also made changes to their positions in the company. Lifetime Wealth Management P.C. acquired a new stake in shares of NVIDIA during the fourth quarter worth approximately $26,000. Longview Financial Advisors Inc. acquired a new stake in NVIDIA during the 1st quarter valued at $27,000. Longfellow Investment Management Co. LLC raised its position in NVIDIA by 47.9% in the 2nd quarter. Longfellow Investment Management Co. LLC now owns 207 shares of the computer hardware maker’s stock valued at $33,000 after purchasing an additional 67 shares during the last quarter. Spurstone Advisory Services LLC acquired a new position in NVIDIA in the second quarter worth $40,000. Finally, Inspire Investing LLC bought a new stake in shares of NVIDIA during the fourth quarter worth $44,000. Institutional investors own 65.27% of the company’s stock.

Insider Activity

In related news, Director Stephen C. Neal sold 15,500 shares of the 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 sale, the director directly owned 116,135 shares in the company, valued at $25,053,803.55. This trade represents a 11.77% decrease in their position. The sale was disclosed in a legal filing with the SEC, which is available at this link. Also, Director John Dabiri sold 625 shares of the 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 completion of the sale, the director owned 14,163 shares in the company, valued at approximately $3,030,882. This trade represents a 4.23% decrease in their ownership of the stock. 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 sold a total of 1,901,125 shares of company stock valued at $410,583,015 in the last ninety days. 3.94% of the stock is owned by insiders.

NVIDIA Trading Down 1.3%

Shares of NASDAQ NVDA opened at $197.58 on Thursday. NVIDIA Corporation has a fifty-two week low of $152.97 and a fifty-two week high of $236.54. The firm has a market capitalization of $4.78 trillion, a P/E ratio of 30.26, a P/E/G ratio of 0.44 and a beta of 2.21. 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 company’s 50 day simple moving average is $210.48 and its 200 day simple moving average is $193.36.

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. The firm 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% compared to the same quarter last year. During the same quarter in the previous year, the business earned $0.81 EPS. On average, analysts predict that NVIDIA Corporation will post 8.69 EPS for the current year.

NVIDIA announced that its board has approved a share buyback program on Wednesday, May 20th that allows the company to buyback $80.00 billion in outstanding shares. This buyback authorization allows the computer hardware maker to reacquire up to 1.5% of its shares through open market purchases. Shares buyback programs are usually an indication that the company’s board of directors believes its stock is undervalued.

NVIDIA Increases Dividend

The business also recently disclosed a quarterly dividend, which was paid on Friday, June 26th. Investors of record on Thursday, June 4th were issued a $0.25 dividend. This is a boost from NVIDIA’s previous quarterly dividend of $0.01. This represents a $1.00 dividend on an annualized basis and a yield of 0.5%. The ex-dividend date was Thursday, June 4th. NVIDIA’s dividend payout ratio is currently 15.31%.

Analysts Set New Price Targets

Several equities research analysts have weighed in on the stock. UBS Group raised their price objective on shares of NVIDIA from $275.00 to $280.00 and gave the company a “buy” rating in a research report on Thursday, May 21st. Raymond James Financial reissued a “strong-buy” rating and issued a $330.00 price target on shares of NVIDIA in a report on Thursday, May 21st. Needham & Company LLC restated a “buy” rating and issued a $270.00 price objective on shares of NVIDIA in a research report on Tuesday, June 2nd. Citic Securities increased their price objective on NVIDIA from $242.00 to $315.00 and gave the company a “buy” rating in a research report on Friday, May 22nd. Finally, CICC Research lifted their target price on NVIDIA from $240.60 to $268.30 and gave the company an “outperform” rating in a research note on Friday, May 22nd. Three investment 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, NVIDIA presently has a consensus rating of “Buy” and a consensus price target of $303.84.

NVIDIA News Roundup

Here are the key news stories impacting NVIDIA this week:

• Positive Sentiment: NVIDIA expanded its AI ecosystem with a sovereign-AI partnership with Palantir to deploy secure AI models for government and infrastructure customers, reinforcing demand for its GPUs and software stack. Article Title
• Positive Sentiment: Reuters reported that Valar Atomics is partnering with NVIDIA on a small Utah data center aimed at showing how AI infrastructure can conserve water, highlighting another real-world use case for NVIDIA’s data-center technology. Article Title
• Positive Sentiment: Several reports pointed to continued bullish long-term catalysts, including robotics, edge AI, and ongoing hyperscaler capex, suggesting NVIDIA remains central to the AI buildout even amid a short-term pullback. Article Title
• Neutral Sentiment: Analyst commentary and valuation-focused articles remain constructive overall, with multiple firms reiterating positive ratings and raising earnings estimates, but these views are being offset by near-term concerns about stretched valuations and sector rotation. Article Title
• Negative Sentiment: Bearish technical commentary warns that NVIDIA could drift lower in the short term, with some traders eyeing a move toward $165 if support breaks. Article Title
• Negative Sentiment: Michael Burry disclosed short bets against NVIDIA and other chip stocks, adding to concerns that the semiconductor group may be overextended after its big run. Article Title

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.