IFS Group LLC Invests $2.05 Million in NVIDIA Corporation $NVDA

IFS Group LLC acquired a new position in shares of NVIDIA Corporation (NASDAQ:NVDA) in the first quarter, HoldingsChannel reports. The fund acquired 11,777 shares of the computer hardware maker’s stock, valued at approximately $2,054,000. NVIDIA accounts for 1.8% of IFS Group LLC’s holdings, making the stock its 13th biggest holding.

Several other hedge funds have also recently added to or reduced their stakes in the stock. Lifetime Wealth Management P.C. acquired a new stake in shares of NVIDIA in the 4th quarter valued at approximately $26,000. Longview Financial Advisors Inc. acquired a new position in NVIDIA during the first quarter valued at approximately $27,000. Longfellow Investment Management Co. LLC grew its holdings in NVIDIA by 47.9% during the second 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 period. Phillip James Consulting Co. bought a new stake in NVIDIA in the first quarter valued at approximately $40,000. Finally, Inspire Investing LLC acquired a new stake in NVIDIA in the fourth quarter worth $44,000. Institutional investors and hedge funds own 65.27% of the company’s stock.

NVIDIA Stock Up 2.3%

NASDAQ:NVDA opened at $223.96 on Friday. The stock has a 50-day simple moving average of $205.66 and a 200 day simple moving average of $197.19. NVIDIA Corporation has a 52-week low of $164.07 and a 52-week high of $236.54. The company has a market cap of $5.42 trillion, a PE ratio of 34.30, a PEG ratio of 0.44 and a beta of 2.23. The company has a debt-to-equity ratio of 0.04, a quick ratio of 2.85 and a current ratio of 3.44.

NVIDIA (NASDAQ:NVDA) last released its quarterly 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 the consensus estimate 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% on a year-over-year basis. During the same quarter in the prior year, the firm posted $0.81 EPS. On average, sell-side analysts expect that NVIDIA Corporation will post 8.79 EPS for the current fiscal year.

NVIDIA Increases Dividend

The firm also recently announced a quarterly dividend, which was paid on Friday, June 26th. Investors of record on Thursday, June 4th were issued a dividend of $0.25 per share. The ex-dividend date was Thursday, June 4th. This is a positive change from NVIDIA’s previous quarterly dividend of $0.01. This represents a $1.00 annualized dividend and a yield of 0.4%. NVIDIA’s dividend payout ratio is currently 15.31%.

NVIDIA declared that its Board of Directors has approved a stock repurchase plan on Wednesday, May 20th that authorizes the company to buyback $80.00 billion in shares. This buyback authorization authorizes the computer hardware maker to purchase up to 1.5% of its shares through open market purchases. Shares buyback plans are usually a sign that the company’s board believes its stock is undervalued.

Trending Headlines about NVIDIA

Here are the key news stories impacting NVIDIA this week:

• Positive Sentiment: Reports that SpaceX plans to deploy NVIDIA’s next-generation AI hardware across terrestrial and orbital computing infrastructure reinforced expectations for another major customer and expanded demand for NVIDIA systems. Time to Buy Nvidia or SpaceX Stock After Their AI Partnership?
• Positive Sentiment: Strong spending by hyperscalers, demand for AI data-center capacity, and NVIDIA-backed projects such as Firmus’ $2 billion fundraising in Australia and Asia-Pacific supported the view that AI infrastructure investment remains robust. Firmus nearly doubles valuation to over $10.5 billion
• Positive Sentiment: Analyst and market commentary highlighted NVIDIA’s leadership in sovereign AI, with one report estimating a 92% share, while investors continued to describe the company as evolving from a GPU supplier into a broader AI infrastructure platform. What’s Going On With NVIDIA Stock Friday?
• Positive Sentiment: Recent commentary pointed to accelerating AI demand, strong cash flow and valuation support, with the median analyst price target reported at $308.50 versus recent trading levels. Should You Buy NVIDIA Stock After Its 11% Rally in a Month?
• Neutral Sentiment: NVIDIA’s rally has lifted the stock roughly 12% over five sessions, increasing focus on the upcoming earnings report. Analysts remain constructive, but some traders are pausing because near-term catalysts may be limited after the sharp advance. Two reasons why Nvidia’s stock saw its biggest weekly surge
• Negative Sentiment: AMD’s acquisition of AI-inference chip startup Taalas could strengthen its competitive position and create a longer-term challenge to NVIDIA, although initial investor commentary suggested the deal does not immediately close NVIDIA’s AI gap. AMD Is Buying Its Way Deeper Into AI Inference
• Negative Sentiment: QuiverQuant data showed 45 NVIDIA insider sales and no insider purchases during the past six months, a potential caution signal as the stock trades near its highs. NVIDIA Stock Opinions on AI Market Position

Wall Street Analyst Weigh In

A number of brokerages have recently weighed in on NVDA. Weiss Ratings reissued a “buy (b)” rating on shares of NVIDIA in a research report on Wednesday, July 8th. Truist Financial lifted their target price on NVIDIA from $287.00 to $307.00 and gave the stock a “buy” rating in a report on Thursday, May 21st. Citigroup began coverage on NVIDIA in a research note on Wednesday, April 15th. They issued a “buy” rating for the company. Barclays reaffirmed an “overweight” rating on shares of NVIDIA in a research report on Thursday, May 21st. Finally, Melius Research set a $400.00 target price on NVIDIA in a research note on Thursday, May 21st. Three equities research analysts have rated the stock with a Strong Buy rating, forty-eight have given a Buy rating and two have assigned a Hold rating to the company’s stock. According to data from MarketBeat.com, the stock presently has a consensus rating of “Buy” and an average target price of $304.26.

Insider Buying and Selling

In other NVIDIA news, Director John Dabiri sold 625 shares of the business’s 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 directly owned 14,163 shares of the company’s stock, valued at $3,030,882. The trade was a 4.23% decrease in their position. The sale was disclosed in a filing with the SEC, which is available through this link. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Also, Director Mark A. Stevens sold 885,000 shares of the firm’s stock in a transaction dated 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 of the company’s stock, valued at $1,094,412,146.07. The trade was a 14.53% decrease in their position. The disclosure for this sale is available in the SEC filing. Over the last 90 days, insiders sold 1,901,125 shares of company stock worth $410,583,015. 3.94% of the stock is owned by 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.