Waterway Wealth Management LLC Buys 11,225 Shares of NVIDIA Corporation $NVDA

Waterway Wealth Management LLC lifted its stake in NVIDIA Corporation (NASDAQ:NVDA) by 21.7% in the first quarter, HoldingsChannel reports. The institutional investor owned 63,024 shares of the computer hardware maker’s stock after buying an additional 11,225 shares during the quarter. NVIDIA makes up about 2.0% of Waterway Wealth Management LLC’s holdings, making the stock its 13th biggest holding. Waterway Wealth Management LLC’s holdings in NVIDIA were worth $10,991,000 as of its most recent filing with the Securities and Exchange Commission.

Several other hedge funds and other institutional investors have also modified their holdings of NVDA. State Street Corp lifted its holdings in shares of NVIDIA by 1.2% during the fourth quarter. State Street Corp now owns 991,480,489 shares of the computer hardware maker’s stock valued at $184,911,111,000 after acquiring an additional 11,451,386 shares during the period. Geode Capital Management LLC grew its holdings in shares of NVIDIA by 0.6% in the 4th quarter. Geode Capital Management LLC now owns 588,803,093 shares of the computer hardware maker’s stock worth $109,446,217,000 after purchasing an additional 3,383,441 shares during the last quarter. Norges Bank bought a new stake in shares of NVIDIA in the 4th quarter worth about $62,244,133,000. Bank of America Corp DE increased its position in shares of NVIDIA by 1.5% during the 4th quarter. Bank of America Corp DE now owns 187,181,484 shares of the computer hardware maker’s stock worth $34,909,347,000 after purchasing an additional 2,849,678 shares in the last quarter. Finally, Legal & General Group Plc lifted its holdings in NVIDIA by 1.5% during the 3rd quarter. Legal & General Group Plc now owns 181,203,035 shares of the computer hardware maker’s stock valued at $33,808,862,000 after purchasing an additional 2,609,560 shares during the last quarter. Institutional investors own 65.27% of the company’s stock.

NVIDIA News Summary

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 Trading Down 1.4%

NVDA opened at $194.83 on Friday. NVIDIA Corporation has a 1-year low of $157.34 and a 1-year high of $236.54. The stock has a market capitalization of $4.71 trillion, a PE ratio of 29.84, a PEG ratio of 0.44 and a beta of 2.21. 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 firm has a 50-day moving average price of $210.37 and a two-hundred day moving average price of $193.50.

NVIDIA (NASDAQ:NVDA) last announced its earnings results on Wednesday, May 20th. The computer hardware maker reported $1.87 earnings per share (EPS) for the quarter, topping analysts’ consensus estimates 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 business earned $0.81 earnings per share. NVIDIA’s quarterly revenue was up 85.2% on a year-over-year basis. As a group, equities analysts anticipate that NVIDIA Corporation will post 8.69 earnings per share for the current fiscal year.

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 given a $0.25 dividend. 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 annualized dividend and a yield of 0.5%. NVIDIA’s dividend payout ratio is presently 15.31%.

NVIDIA announced that its Board of Directors has approved a share buyback program on Wednesday, May 20th that permits the company to repurchase $80.00 billion in shares. This repurchase authorization permits the computer hardware maker to repurchase up to 1.5% of its stock through open market purchases. Stock repurchase programs are usually an indication that the company’s leadership believes its shares are undervalued.

Analyst Upgrades and Downgrades

A number of research firms have commented on NVDA. Wells Fargo & Company restated an “overweight” rating and issued a $315.00 price target (up from $265.00) on shares of NVIDIA in a research report on Tuesday, May 12th. UBS Group lifted their target price on shares of NVIDIA from $275.00 to $280.00 and gave the company a “buy” rating in a research note on Thursday, May 21st. Wedbush boosted their target price on NVIDIA from $300.00 to $330.00 and gave the stock an “outperform” rating in a report on Thursday, May 21st. Itau BBA Securities decreased their price target on NVIDIA from $256.00 to $218.00 in a research report on Wednesday, June 24th. Finally, Truist Financial raised their price target on NVIDIA from $287.00 to $307.00 and gave the company a “buy” rating in a report on Thursday, May 21st. Three equities research analysts have rated the stock with a Strong Buy rating, forty-eight have assigned a Buy rating and three have given a Hold rating to the company’s stock. According to data from MarketBeat, the stock presently has an average rating of “Buy” and a consensus price target of $303.84.

Insiders Place Their Bets

In other NVIDIA news, 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 value of $133,750.00. Following the transaction, the director directly owned 14,163 shares in the company, valued at approximately $3,030,882. This trade represents a 4.23% decrease in their position. The sale was disclosed in a filing with the Securities & Exchange Commission, which is accessible through this hyperlink. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Also, Director Mark A. Stevens sold 885,000 shares of the stock in a transaction on Thursday, June 18th. The shares were sold at an average price of $210.17, for a total value of $186,000,450.00. Following the completion of the transaction, the director owned 5,207,271 shares in the company, valued at $1,094,412,146.07. The trade was a 14.53% decrease in their ownership of the stock. Additional details regarding this sale are available in the official SEC disclosure. In the last quarter, insiders have sold 1,901,125 shares of company stock valued at $410,583,015. 3.94% of the stock is currently owned by corporate insiders.

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.