QRG Capital Management Inc. Raises Stake in NVIDIA Corporation $NVDA

QRG Capital Management Inc. lifted its stake in shares of NVIDIA Corporation (NASDAQ:NVDA) by 15.5% in the first quarter, according to the company in its most recent filing with the SEC. The fund owned 3,826,294 shares of the computer hardware maker’s stock after buying an additional 512,203 shares during the quarter. NVIDIA comprises about 6.9% of QRG Capital Management Inc.’s portfolio, making the stock its largest holding. QRG Capital Management Inc.’s holdings in NVIDIA were worth $667,306,000 as of its most recent filing with the SEC.

A number of other institutional investors and hedge funds have also bought and sold shares of NVDA. Lifetime Wealth Management P.C. bought a new position in shares of NVIDIA during the fourth quarter worth approximately $26,000. Longview Financial Advisors Inc. bought a new stake in NVIDIA in the 1st quarter valued at $27,000. Longfellow Investment Management Co. LLC grew its holdings 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 buying an additional 67 shares in the last quarter. Inspire Investing LLC acquired a new position in NVIDIA in the 4th quarter valued at $44,000. Finally, AlphaCentric Advisors LLC bought a new position in NVIDIA during the 4th quarter worth $45,000. Institutional investors and hedge funds own 65.27% of the company’s stock.

More NVIDIA News

Here are the key news stories impacting NVIDIA this week:

• Positive Sentiment: Commentary from investors and analysts continued to frame NVIDIA as the leader in AI infrastructure, with strong earnings, high margins, and ongoing demand for its chips and full-stack platform. Article Title
• Positive Sentiment: Several reports said NVIDIA remains the preferred AI-chip exposure for Wall Street, citing continued AI capex, favorable analyst ratings, and the company’s dominant position versus rivals like AMD and custom-chip efforts. Article Title
• Positive Sentiment: Coverage on AI spending suggested demand is still healthy, with TSMC’s strong sales and broader AI buildout trends reinforcing the idea that NVIDIA’s end-market remains resilient. Article Title
• Neutral Sentiment: Some articles argued that NVIDIA’s stock has lagged the broader AI trade or that other names such as Broadcom may outperform in the near term, which adds debate but does not change the core long-term thesis. Article Title
• Negative Sentiment: Broader tech weakness and profit-taking hit semiconductor stocks, and one article noted investors were trimming exposure to high-growth names, which pressured NVIDIA in the short term. Article Title
• Negative Sentiment: Several reports raised questions about whether AI spending is becoming more selective or whether competition from custom chips and rivals could eventually limit NVIDIA’s upside, creating a cautionary tone. Article Title

Analysts Set New Price Targets

A number of equities research analysts have recently weighed in on NVDA shares. Morgan Stanley set a $288.00 target price on NVIDIA and gave the stock an “overweight” rating in a report on Thursday, May 21st. Needham & Company LLC restated a “buy” rating and issued a $270.00 price target on shares of NVIDIA in a research note on Tuesday, June 2nd. Raymond James Financial reiterated a “strong-buy” rating and issued a $330.00 price objective on shares of NVIDIA in a research note on Thursday, May 21st. Argus boosted their price objective on shares of NVIDIA from $220.00 to $270.00 and gave the company a “buy” rating in a report on Thursday, May 21st. Finally, Barclays restated an “overweight” rating on shares of NVIDIA in a research report on Thursday, May 21st. Two investment 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 stock. Based on data from MarketBeat.com, the stock presently has a consensus rating of “Moderate Buy” and a consensus target price of $303.84.

Insider Transactions at NVIDIA

In other NVIDIA news, Director Mark A. Stevens sold 885,000 shares of NVIDIA stock in a transaction dated Thursday, June 18th. The stock was sold at an average price of $210.17, for a total value of $186,000,450.00. Following 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. The transaction was disclosed in a legal filing with the SEC, which is available at this link. Also, Director Stephen C. Neal sold 15,500 shares of the business’s stock in a transaction dated Wednesday, June 3rd. The stock was sold at an average price of $215.73, for a total value of $3,343,815.00. Following the transaction, the director directly owned 116,135 shares of the company’s stock, valued at approximately $25,053,803.55. The trade was a 11.77% decrease in their position. The SEC filing for this sale provides additional information. In the last quarter, insiders sold 1,901,125 shares of company stock valued at $410,583,015. Corporate insiders own 3.94% of the company’s stock.

NVIDIA Stock Performance

Shares of NVIDIA stock opened at $203.69 on Tuesday. 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 company has a market cap of $4.93 trillion, a PE ratio of 31.19, a price-to-earnings-growth ratio of 0.46 and a beta of 2.21. The company has a 50 day moving average of $209.57 and a 200-day moving average of $194.60. NVIDIA Corporation has a 1-year low of $162.02 and a 1-year high of $236.54.

NVIDIA (NASDAQ:NVDA) last announced its quarterly earnings data on Wednesday, May 20th. The computer hardware maker reported $1.87 earnings per share (EPS) for the quarter, beating 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 business had revenue of $81.61 billion for the quarter, compared to analysts’ expectations of $78.42 billion. During the same period last year, the firm posted $0.81 earnings per share. The firm’s quarterly revenue was up 85.2% compared to the same quarter last year. As a group, equities research analysts forecast that NVIDIA Corporation will post 8.8 earnings per share for the current fiscal year.

NVIDIA Increases Dividend

The firm also recently declared a quarterly dividend, which was paid on Friday, June 26th. Stockholders of record on Thursday, June 4th were paid a $0.25 dividend. This represents a $1.00 annualized dividend and a dividend yield of 0.5%. The ex-dividend date was Thursday, June 4th. This is a positive change from NVIDIA’s previous quarterly dividend of $0.01. NVIDIA’s dividend payout ratio is 15.31%.

NVIDIA declared that its board has initiated a share buyback program on Wednesday, May 20th that authorizes the company to buyback $80.00 billion in shares. This buyback authorization authorizes 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 of directors believes its shares are 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.