NVIDIA Corporation $NVDA Shares Sold by Wedgewood Investors Inc. PA

Wedgewood Investors Inc. PA cut its stake in shares of NVIDIA Corporation (NASDAQ:NVDA) by 33.5% in the fourth quarter, Holdings Channel.com reports. The fund owned 12,110 shares of the computer hardware maker’s stock after selling 6,100 shares during the period. NVIDIA makes up approximately 2.6% of Wedgewood Investors Inc. PA’s investment portfolio, making the stock its 12th biggest position. Wedgewood Investors Inc. PA’s holdings in NVIDIA were worth $2,259,000 at the end of the most recent quarter.

A number of other institutional investors and hedge funds have also made changes to their positions in the stock. Brighton Jones LLC boosted its holdings in shares of NVIDIA by 12.4% in the 4th quarter. Brighton Jones LLC now owns 324,901 shares of the computer hardware maker’s stock valued at $43,631,000 after buying an additional 35,815 shares in the last quarter. Bank Pictet & Cie Europe AG lifted its holdings in shares of NVIDIA by 1.0% in the 4th quarter. Bank Pictet & Cie Europe AG now owns 2,346,417 shares of the computer hardware maker’s stock valued at $315,100,000 after buying an additional 22,929 shares during the period. Highview Capital Management LLC DE boosted its position in shares of NVIDIA by 6.7% during the 4th quarter. Highview Capital Management LLC DE now owns 58,396 shares of the computer hardware maker’s stock worth $7,842,000 after purchasing an additional 3,653 shares in the last quarter. Hudson Value Partners LLC increased its holdings in shares of NVIDIA by 30.7% in the 4th quarter. Hudson Value Partners LLC now owns 50,658 shares of the computer hardware maker’s stock valued at $6,805,000 after purchasing an additional 11,900 shares in the last quarter. Finally, Wealth Group Ltd. lifted its stake in shares of NVIDIA by 15.7% in the first quarter. Wealth Group Ltd. now owns 6,598 shares of the computer hardware maker’s stock valued at $715,000 after purchasing an additional 896 shares during the period. 65.27% of the stock is owned by hedge funds and other institutional investors.

Trending Headlines about NVIDIA

Here are the key news stories impacting NVIDIA this week:

• Positive Sentiment: Reuters reported that South Korea’s LG Group is adopting 10,000 NVIDIA GPUs, reinforcing continued international demand for NVDA’s AI hardware. Reuters: South Korea’s LG Group to adopt 10,000 Nvidia GPUs, Maeil says
• Positive Sentiment: NVIDIA’s AI ecosystem is expanding further through partner announcements, including new collaborations with companies such as Navitas and Akamai, which supports the idea that NVDA remains at the center of AI infrastructure spending. Proactive Investors: Nvidia, Akamai Technologies expand partnership to embed security in AI infrastructure
• Positive Sentiment: Needham reaffirmed a Buy rating on NVIDIA and set a $270 price target, signaling that Wall Street still sees upside from current levels despite recent volatility. Benzinga: NVIDIA had its “buy” rating reaffirmed by Needham & Company LLC
• Positive Sentiment: NVIDIA’s new RTX Spark AI PC chip and broader push into personal computers are generating fresh investor interest because they expand the company beyond data centers into a new growth market. Zacks: Tech ETFs to Buy as NVIDIA Sets Foot Into PC Market Via New AI Chip
• Neutral Sentiment: Articles highlighting NVIDIA’s large weight in funds and tokenized stock trading show how central NVDA has become to AI-focused portfolios, but they are more reflective of market interest than new company fundamentals. Blockonomi: Tokenized Stocks Show $5.5B in Volume as Retail Participation Grows on Onchain Markets
• Negative Sentiment: Some coverage points to investors rotating toward other AI hardware names and says NVIDIA has been slipping while peers like Marvell, Broadcom, and others catch the market’s attention, which can pressure NVDA in the short term. Invezz: Why Nvidia stock is slipping around 3% today
• Negative Sentiment: Senator Sheldon Whitehouse disclosed a sale of NVDA shares after holding them for roughly a decade, adding a small but negative sentiment signal around the stock. Finbold: U.S. politician suspiciously dumps Nvidia stock after 10 years

NVIDIA Trading Down 3.6%

NASDAQ NVDA opened at $214.75 on Thursday. The company has a market cap of $5.20 trillion, a P/E ratio of 32.89, a P/E/G ratio of 0.54 and a beta of 2.22. NVIDIA Corporation has a 12 month low of $138.83 and a 12 month 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 company has a 50-day moving average of $201.97 and a 200-day moving average of $190.25.

NVIDIA (NASDAQ:NVDA) last released its earnings results 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. The firm had revenue of $81.62 billion during the quarter, compared to the consensus estimate of $78.42 billion. NVIDIA had a net margin of 62.97% and a return on equity of 96.94%. NVIDIA’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. As a group, equities analysts predict that NVIDIA Corporation will post 8.04 earnings per share for the current year.

NVIDIA Increases Dividend

The firm also recently disclosed a quarterly dividend, which will be paid on Friday, June 26th. Investors of record on Thursday, June 4th will be issued a $0.25 dividend. This is a positive change from NVIDIA’s previous quarterly dividend of $0.01. The ex-dividend date of this dividend is Thursday, June 4th. This represents a $1.00 dividend on an annualized basis and a yield of 0.5%. NVIDIA’s dividend payout ratio is currently 0.61%.

NVIDIA announced that its board has authorized a share repurchase 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 purchase up to 1.5% of its stock through open market purchases. Stock repurchase programs are typically a sign that the company’s board of directors believes its stock is undervalued.

Analyst Upgrades and Downgrades

NVDA has been the topic of several research analyst reports. The Goldman Sachs Group reissued a “buy” rating and set a $285.00 price target (up from $250.00) on shares of NVIDIA in a research note on Wednesday, May 20th. Robert W. Baird set a $500.00 price target on NVIDIA and gave the stock an “outperform” rating in a report on Thursday, May 21st. Jefferies Financial Group reaffirmed 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. Citic Securities boosted their target price on shares of NVIDIA from $242.00 to $315.00 and gave the company a “buy” rating in a research note on Friday, May 22nd. Finally, DA Davidson reaffirmed a “buy” rating and set a $300.00 price target on shares of NVIDIA in a research note on Monday. Three investment analysts have rated the stock with a Strong Buy rating, forty-seven have assigned a Buy rating and three have issued a Hold rating to the stock. According to data from MarketBeat, the stock presently has an average rating of “Buy” and a consensus price target of $305.38.

Insider Activity

In other news, Director Aarti S. Shah sold 19,000 shares of the company’s stock in a transaction that occurred on Thursday, March 19th. The shares were sold at an average price of $176.71, for a total value of $3,357,490.00. Following the completion of the sale, the director directly owned 36,007 shares of the company’s stock, valued at approximately $6,362,796.97. This represents a 34.54% decrease in their position. The sale was disclosed in a legal filing with the SEC, which is accessible through this link. Also, CFO Colette Kress sold 20,000 shares of the stock in a transaction that occurred on Friday, March 20th. The shares were sold at an average price of $174.89, for a total transaction of $3,497,800.00. Following the completion of the transaction, the chief financial officer owned 83,060 shares of the company’s stock, valued at $14,526,363.40. This trade represents a 19.41% decrease in their ownership of the stock. The SEC filing for this sale provides additional information. Insiders have sold 906,961 shares of company stock worth $162,936,268 over the last ninety days. 3.94% of the stock is currently owned by company insiders.

NVIDIA 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.