Geneva Partners LLC Trims Stock Position in NVIDIA Corporation $NVDA

Geneva Partners LLC decreased its position in shares of NVIDIA Corporation (NASDAQ:NVDA) by 10.0% during the first quarter, according to its most recent disclosure with the Securities & Exchange Commission. The institutional investor owned 79,959 shares of the computer hardware maker’s stock after selling 8,931 shares during the period. NVIDIA makes up approximately 6.7% of Geneva Partners LLC’s holdings, making the stock its largest holding. Geneva Partners LLC’s holdings in NVIDIA were worth $13,945,000 at the end of the most recent reporting period.

A number of other hedge funds and other institutional investors have also recently modified their holdings of the company. Armor Investment Advisors LLC increased its position in shares of NVIDIA by 0.6% during the 1st quarter. Armor Investment Advisors LLC now owns 9,177 shares of the computer hardware maker’s stock valued at $1,600,000 after purchasing an additional 55 shares during the last quarter. Addison Capital Co grew its position in NVIDIA by 1.0% during the first quarter. Addison Capital Co now owns 19,506 shares of the computer hardware maker’s stock valued at $3,402,000 after acquiring an additional 193 shares during the last quarter. AK Global Asset Management LLC raised its stake in shares of NVIDIA by 0.5% during the first quarter. AK Global Asset Management LLC now owns 186,586 shares of the computer hardware maker’s stock worth $32,541,000 after acquiring an additional 938 shares in the last quarter. Alliance Wealth Management Group lifted its holdings in shares of NVIDIA by 1.0% in the 1st quarter. Alliance Wealth Management Group now owns 8,313 shares of the computer hardware maker’s stock worth $1,450,000 after acquiring an additional 80 shares during the last quarter. Finally, Clearwave Capital LLC boosted its stake in shares of NVIDIA by 3.2% in the 1st quarter. Clearwave Capital LLC now owns 25,362 shares of the computer hardware maker’s stock valued at $4,423,000 after purchasing an additional 779 shares in the last quarter. 65.27% of the stock is currently owned by hedge funds and other institutional investors.

Insider Buying and Selling at NVIDIA

In other news, Director John Dabiri sold 625 shares of NVIDIA stock in a transaction dated Wednesday, May 27th. The shares were sold at an average price of $214.00, for a total transaction of $133,750.00. Following the sale, the director owned 14,163 shares of the company’s stock, valued at approximately $3,030,882. The trade was a 4.23% decrease in their position. The sale was disclosed in a document filed with the SEC, which is accessible through this hyperlink. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Also, Director Stephen C. Neal sold 15,500 shares of the business’s stock in a transaction dated Wednesday, June 3rd. The shares were sold at an average price of $215.73, for a total transaction of $3,343,815.00. Following the transaction, the director owned 116,135 shares in the company, valued at $25,053,803.55. This represents a 11.77% decrease in their position. The SEC filing for this sale provides additional information. In the last ninety days, insiders have sold 1,901,125 shares of company stock valued at $410,583,015. 3.94% of the stock is currently owned by company insiders.

More NVIDIA News

Here are the key news stories impacting NVIDIA this week:

• Positive Sentiment: NVIDIA expanded its AI footprint in Japan with new partnerships across robotics, manufacturing, and public-sector infrastructure, including a national AI infrastructure initiative and the launch of Cosmos 3 Edge and Nemotron-based local AI projects. These moves reinforce NVDA’s role as the core platform for physical AI and could support long-term demand. Japan Government, Industrial Leaders and NVIDIA Launch the World’s First National AI Infrastructure
• Positive Sentiment: Multiple analysts raised earnings estimates for NVIDIA, with KeyCorp and Erste Group boosting forecasts and maintaining bullish ratings/price targets. That suggests Wall Street still sees strong profit growth ahead.
• Positive Sentiment: TSMC reported strong AI-driven demand, which is a positive read-through for NVIDIA’s supply chain and ongoing chip demand. TSMC Just Announced Fantastic News for Nvidia Shareholders
• Neutral Sentiment: Apple briefly overtook NVIDIA as the world’s most valuable company, highlighting a rotation in mega-cap leadership and renewed investor doubts about how much AI upside is already priced into NVDA. Apple dethrones Nvidia as world’s most valuable company, ending the chipmaker’s long run at the top
• Neutral Sentiment: Several articles point to a broader semiconductor sell-off and “sell the news” behavior in AI and chip stocks, which appears to be pressuring NVDA along with peers rather than reflecting a company-specific setback. Why Nvidia stock is down around 2.5% on Thursday
• Negative Sentiment: Market commentary from Jim Cramer and other bearish notes on semiconductors suggest some investors are rotating out of chip stocks, adding near-term pressure to NVDA sentiment. Jim Cramer Says Semiconductor Stocks Are “Going Down.” Buy These 2 Dividend Stocks Instead

NVIDIA Trading Down 2.2%

NVDA opened at $202.81 on Friday. NVIDIA Corporation has a one year low of $164.07 and a one year high of $236.54. 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 business has a 50 day simple moving average of $209.63 and a two-hundred day simple moving average of $195.10. The firm has a market capitalization of $4.91 trillion, a price-to-earnings ratio of 31.06, a PEG ratio of 0.46 and a beta of 2.21.

NVIDIA (NASDAQ:NVDA) last posted its earnings results on Wednesday, May 20th. The computer hardware maker reported $1.87 earnings per share (EPS) for the quarter, beating the consensus estimate of $1.76 by $0.11. The firm had revenue of $81.61 billion for the quarter, compared to analysts’ expectations of $78.42 billion. NVIDIA had a return on equity of 96.94% and a net margin of 62.97%.The business’s revenue was up 85.2% compared to the same quarter last year. During the same period in the previous year, the firm earned $0.81 earnings per share. Analysts predict that NVIDIA Corporation will post 8.81 EPS for the current year.

NVIDIA declared that its board has authorized a share 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 buy up to 1.5% of its stock through open market purchases. Stock buyback programs are often a sign that the company’s board believes its shares are undervalued.

NVIDIA Increases Dividend

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

Analysts Set New Price Targets

A number of brokerages recently commented on NVDA. BTIG Research began coverage on shares of NVIDIA in a research report on Wednesday, April 15th. They issued a “buy” rating on the stock. UBS Group boosted their target price on NVIDIA from $275.00 to $280.00 and gave the company a “buy” rating in a research note on Thursday, May 21st. Robert W. Baird set a $500.00 price target on NVIDIA and gave the stock an “outperform” rating in a research report on Thursday, May 21st. Mizuho set a $300.00 price target on NVIDIA in a research note on Thursday, May 21st. Finally, Jefferies Financial Group reissued a “buy” rating and set a $300.00 price objective (up from $275.00) on shares of NVIDIA in a research note on Thursday, May 21st. Two 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. According to MarketBeat, the stock presently has an average rating of “Moderate Buy” and a consensus price target of $304.26.

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.