Mariner LLC Has $4.75 Billion Stake in NVIDIA Corporation $NVDA

Mariner LLC raised its holdings in shares of NVIDIA Corporation (NASDAQ:NVDA) by 20.5% in the 4th quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission. The fund owned 25,485,060 shares of the computer hardware maker’s stock after purchasing an additional 4,339,343 shares during the quarter. NVIDIA accounts for approximately 5.6% of Mariner LLC’s investment portfolio, making the stock its largest holding. Mariner LLC’s holdings in NVIDIA were worth $4,753,173,000 as of its most recent SEC filing.

Several other institutional investors and hedge funds have also made changes to their positions in the business. Minot DeBlois Advisors LLC lifted its position in shares of NVIDIA by 10.7% during the fourth quarter. Minot DeBlois Advisors LLC now owns 16,044 shares of the computer hardware maker’s stock worth $2,992,000 after purchasing an additional 1,546 shares during the last quarter. Nicolet Advisory Services LLC lifted its position in shares of NVIDIA by 19.7% during the fourth quarter. Nicolet Advisory Services LLC now owns 117,178 shares of the computer hardware maker’s stock worth $21,671,000 after purchasing an additional 19,323 shares during the last quarter. Niles Investment Management LLC bought a new stake in shares of NVIDIA during the fourth quarter worth $9,253,000. Fifth Lane Capital LP lifted its position in shares of NVIDIA by 10.0% during the fourth quarter. Fifth Lane Capital LP now owns 5,500 shares of the computer hardware maker’s stock worth $1,026,000 after purchasing an additional 500 shares during the last quarter. Finally, Financial Network Wealth Advisors LLC lifted its position in shares of NVIDIA by 3.9% during the fourth quarter. Financial Network Wealth Advisors LLC now owns 4,113 shares of the computer hardware maker’s stock worth $767,000 after purchasing an additional 155 shares during the last quarter. 65.27% of the stock is currently owned by institutional investors.

Insiders Place Their Bets

In other NVIDIA news, EVP Ajay K. Puri sold 300,000 shares of the business’s stock in a transaction dated Wednesday, March 18th. The shares were sold at an average price of $182.25, for a total value of $54,675,000.00. Following the completion of the transaction, the executive vice president directly owned 3,018,547 shares in the company, valued at approximately $550,130,190.75. The trade was a 9.04% decrease in their ownership of the stock. The sale was disclosed in a document filed with the SEC, which can be accessed through the SEC website. Also, Director Aarti S. Shah sold 19,000 shares of the business’s stock in a transaction dated Thursday, March 19th. The stock was sold at an average price of $176.71, for a total transaction of $3,357,490.00. Following the completion of the transaction, the director owned 36,007 shares of the company’s stock, valued at $6,362,796.97. This represents a 34.54% decrease in their ownership of the stock. The SEC filing for this sale provides additional information. Insiders sold a total of 1,619,457 shares of company stock valued at $332,073,643 in the last three months. 3.94% of the stock is currently owned by insiders.

Analyst Ratings Changes

Several analysts have recently weighed in on NVDA shares. Tigress Financial reiterated a “strong-buy” rating and set a $425.00 target price (up from $360.00) on shares of NVIDIA in a research report on Wednesday, May 27th. Royal Bank Of Canada set a $280.00 price target on NVIDIA in a research note on Thursday, May 21st. Evercore restated an “outperform” rating and set a $413.00 price target (up from $352.00) on shares of NVIDIA in a research note on Thursday, May 21st. Benchmark restated a “buy” rating and set a $335.00 price target (up from $250.00) on shares of NVIDIA in a research note on Thursday, May 21st. Finally, BNP Paribas Exane raised their price target on NVIDIA from $270.00 to $285.00 and gave the company an “outperform” rating in a research note on Thursday, May 21st. Three research analysts have rated the stock with a Strong Buy rating, forty-eight have issued a Buy rating and three have issued a Hold rating to the stock. According to data from MarketBeat.com, the stock currently has a consensus rating of “Buy” and an average price target of $305.67.

NVIDIA Stock Performance

Shares of NVIDIA stock opened at $212.45 on Tuesday. The company has a market capitalization of $5.14 trillion, a PE ratio of 32.53, a P/E/G ratio of 0.46 and a beta of 2.22. The company has a debt-to-equity ratio of 0.04, a quick ratio of 2.85 and a current ratio of 3.44. The company has a 50-day simple moving average of $207.54 and a two-hundred day simple moving average of $191.65. NVIDIA Corporation has a one year low of $142.03 and a one year high of $236.54.

NVIDIA (NASDAQ:NVDA) last announced its earnings results on Wednesday, May 20th. The computer hardware maker reported $1.87 EPS for the quarter, topping analysts’ consensus estimates of $1.76 by $0.11. The business 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%. The firm’s revenue was up 85.2% on a year-over-year basis. During the same period in the previous year, the company posted $0.81 earnings per share. Research analysts expect that NVIDIA Corporation will post 8.65 EPS for the current fiscal year.

NVIDIA announced that its Board of Directors has authorized a share buyback program on Wednesday, May 20th that allows the company to buyback $80.00 billion in outstanding shares. This buyback authorization allows the computer hardware maker to reacquire up to 1.5% of its stock through open market purchases. Stock buyback programs are typically a sign that the company’s board believes its shares are undervalued.

NVIDIA Increases Dividend

The company also recently announced a quarterly dividend, which will be paid on Friday, June 26th. Shareholders of record on Thursday, June 4th will be issued a $0.25 dividend. This is a boost from NVIDIA’s previous quarterly dividend of $0.01. This represents a $1.00 dividend on an annualized basis and a yield of 0.5%. The ex-dividend date is Thursday, June 4th. NVIDIA’s dividend payout ratio is presently 15.31%.

Key Stories Impacting NVIDIA

Here are the key news stories impacting NVIDIA this week:

• Positive Sentiment: NVIDIA said it plans to raise about $20 billion through its first U.S. investment-grade bond offering since 2021. Investors appear to view the move as a sign of confidence in future cash flows and a way to fund massive AI-chip and infrastructure investments without stressing the balance sheet. Reuters article
• Positive Sentiment: The bond-sale news also reinforced the view that demand for NVIDIA’s AI hardware remains extremely strong, since the company is tapping debt markets to help meet capital needs tied to its AI leadership. CNBC article
• Positive Sentiment: Shares also benefited from a broader semiconductor and tech rally, with chip stocks and AI names trading strongly after improved market sentiment and reports of easing geopolitical tensions. 247WallSt article

About NVIDIA

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.