Maltin Wealth Management Inc. bought a new position in NVIDIA Corporation (NASDAQ:NVDA – Free Report) in the 1st quarter, HoldingsChannel reports. The fund bought 5,047 shares of the computer hardware maker’s stock, valued at approximately $880,000.
Other large investors also recently made changes to their positions in the company. Lifetime Wealth Management P.C. acquired a new stake in NVIDIA in the 4th quarter valued at approximately $26,000. Longview Financial Advisors Inc. acquired a new position in NVIDIA during the 1st quarter worth $27,000. Longfellow Investment Management Co. LLC grew its stake in shares of NVIDIA by 47.9% in the second quarter. Longfellow Investment Management Co. LLC now owns 207 shares of the computer hardware maker’s stock worth $33,000 after purchasing an additional 67 shares in the last quarter. Inspire Investing LLC bought a new position in shares of NVIDIA in the fourth quarter worth $44,000. Finally, AlphaCentric Advisors LLC acquired a new position in shares of NVIDIA during the fourth quarter valued at $45,000. Institutional investors and hedge funds own 65.27% of the company’s stock.
NVIDIA News Roundup
Here are the key news stories impacting NVIDIA this week:
- Positive Sentiment: NVIDIA unveiled a new revenue-sharing model that lets fast-growing AI startups access compute power in exchange for a slice of future profits, which could expand NVDA’s customer base and create a new recurring monetization stream. Article Title
- Positive Sentiment: Multiple pieces highlighted fresh AI partnerships and infrastructure wins, including NVIDIA’s role in sovereign AI efforts with Palantir, AI-RAN validation with Amdocs, Supermicro and 1Finity, and a new data center collaboration with Valar Atomics, reinforcing demand for NVDA’s AI hardware and software ecosystem. Article Title
- Positive Sentiment: Analyst commentary remained broadly supportive, with reports citing “buy the dip” interest, consensus Buy ratings, and bullish price targets that suggest investors still see upside despite the recent pullback. Article Title
- Neutral Sentiment: Coverage also focused on NVIDIA’s growing exposure to robotics, edge AI, and blackwell infrastructure deals, which supports the long-term growth story but is unlikely to move the stock sharply on its own in the near term. Article Title
- Negative Sentiment: Several articles pointed to continued weakness, with NVDA extending its recent pullback as investors took profits from semiconductors, while technical commentary warned the stock could remain range-bound or even retest lower levels near $165. Article Title
- Negative Sentiment: Bearish takes from high-profile investors and commentators, including Michael Burry’s renewed short thesis on AI chips and concerns about valuation/digestion risk, added to the pressure on sentiment around NVIDIA shares. Article Title
NVIDIA Stock Down 1.4%
NVIDIA (NASDAQ:NVDA – Get Free Report) last issued its earnings results on Wednesday, May 20th. The computer hardware maker reported $1.87 earnings per share 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 analysts’ expectations of $78.42 billion. NVIDIA had a net margin of 62.97% and a return on equity of 96.94%. The firm’s revenue for the quarter was up 85.2% compared to the same quarter last year. During the same period last year, the firm posted $0.81 earnings per share. Equities research analysts expect that NVIDIA Corporation will post 8.69 earnings per share for the current fiscal year.
NVIDIA declared that its board has authorized a stock 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 repurchase up to 1.5% of its stock through open market purchases. Stock buyback programs are often an indication that the company’s board believes its stock is 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 paid a dividend of $0.25 per share. The ex-dividend date of this dividend was Thursday, June 4th. This represents a $1.00 annualized dividend and a dividend yield of 0.5%. This is a boost from NVIDIA’s previous quarterly dividend of $0.01. NVIDIA’s dividend payout ratio is 15.31%.
Insider Buying and Selling
In other news, Director Stephen C. Neal sold 15,500 shares of the business’s stock in a transaction on Wednesday, June 3rd. The stock was sold at an average price of $215.73, for a total transaction of $3,343,815.00. Following the sale, the director directly owned 116,135 shares of the company’s stock, valued at $25,053,803.55. The trade was a 11.77% 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. Also, Director John Dabiri sold 625 shares of the stock in a transaction on Wednesday, May 27th. The shares were sold at an average price of $214.00, for a total value of $133,750.00. Following the completion of the transaction, the director owned 14,163 shares of the company’s stock, valued at $3,030,882. This trade represents a 4.23% decrease in their position. 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 have sold 1,901,125 shares of company stock worth $410,583,015 in the last three months. 3.94% of the stock is currently owned by insiders.
Analyst Ratings Changes
A number of equities research analysts recently weighed in on NVDA shares. William Blair restated an “outperform” rating on shares of NVIDIA in a research note on Tuesday, June 2nd. Stifel Nicolaus set a $282.00 target price on shares of NVIDIA and gave the company a “buy” rating in a research note on Thursday, May 21st. HSBC restated a “buy” rating and set a $325.00 price target (up from $295.00) on shares of NVIDIA in a research report on Tuesday, May 19th. DZ Bank reiterated a “buy” rating on shares of NVIDIA in a research note on Thursday, May 21st. Finally, Cantor Fitzgerald reissued an “overweight” rating and set a $350.00 target price on shares of NVIDIA in a report on Thursday, May 21st. 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 stock. Based on data from MarketBeat.com, the company has an average rating of “Buy” and an average price target of $303.84.
Read Our Latest Research Report on NVDA
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.
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