Van Diest Capital LLC Purchases New Holdings in NVIDIA Corporation $NVDA

Van Diest Capital LLC acquired a new position in NVIDIA Corporation (NASDAQ:NVDA) in the fourth quarter, according to the company in its most recent disclosure with the SEC. The firm acquired 12,650 shares of the computer hardware maker’s stock, valued at approximately $2,359,000. NVIDIA accounts for 3.5% of Van Diest Capital LLC’s investment portfolio, making the stock its 3rd largest position.

Other institutional investors and hedge funds have also recently added to or reduced their stakes in the company. Diversified Enterprises LLC grew its holdings in shares of NVIDIA by 44.2% during the 4th quarter. Diversified Enterprises LLC now owns 127,604 shares of the computer hardware maker’s stock valued at $23,798,000 after acquiring an additional 39,129 shares in the last quarter. ASR Vermogensbeheer N.V. raised its holdings in shares of NVIDIA by 1.8% during the fourth quarter. ASR Vermogensbeheer N.V. now owns 3,169,377 shares of the computer hardware maker’s stock worth $591,086,000 after acquiring an additional 54,877 shares in the last quarter. PMG Family Office LLC acquired a new stake in NVIDIA during the third quarter valued at $2,150,000. Weaver Capital Management LLC boosted its position in NVIDIA by 5.5% during the fourth quarter. Weaver Capital Management LLC now owns 85,216 shares of the computer hardware maker’s stock valued at $15,893,000 after purchasing an additional 4,439 shares during the last quarter. Finally, Circle Wealth Management LLC grew its stake in NVIDIA by 16.1% in the third quarter. Circle Wealth Management LLC now owns 107,787 shares of the computer hardware maker’s stock valued at $20,111,000 after purchasing an additional 14,936 shares in the last quarter. 65.27% of the stock is currently owned by hedge funds and other institutional investors.

Insider Activity

In related news, Director Mark A. Stevens sold 500,000 shares of the stock in a transaction that occurred on Thursday, June 4th. The stock was sold at an average price of $219.83, for a total transaction of $109,915,000.00. Following the completion of the sale, the director owned 6,399,771 shares in the company, valued at $1,406,861,658.93. This represents a 7.25% decrease in their position. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is available through this link. Also, Director John Dabiri sold 625 shares of the firm’s stock in a transaction that occurred on Wednesday, May 27th. The shares were sold at an average price of $214.00, for a total value of $133,750.00. Following the completion of the sale, the director directly owned 14,163 shares in the company, valued at $3,030,882. This trade represents a 4.23% decrease in their position. Additional details regarding this sale are available in the official SEC disclosure. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Over the last ninety days, insiders have sold 1,016,125 shares of company stock valued at $224,582,565. 3.94% of the stock is owned by insiders.

Trending Headlines about NVIDIA

Here are the key news stories impacting NVIDIA this week:

• Positive Sentiment: NVIDIA was highlighted as an anchor investor in Helix Digital Infrastructure’s new $10 billion AI buildout initiative, reinforcing its central role in financing and shaping the broader AI infrastructure expansion. NVIDIA Corporation (NVDA) Invests in a $10B AI Buildout Initiative
• Positive Sentiment: HIVE Digital announced a $220 million AI infrastructure contract that will deploy 2,304 NVIDIA Grace Blackwell GPUs, adding another example of strong real-world demand for NVIDIA hardware in high-performance computing and AI cloud workloads. HIVE secures $220M AI infrastructure contract with Bell and Cohere
• Positive Sentiment: NVIDIA gained visibility from a new ETF launch, PurePlay NVPS, which is designed to track companies supporting the NVIDIA-led AI buildout; that kind of product can broaden investor exposure to the ecosystem and keep the NVIDIA trade in focus. Exchange Traded Concepts Announces Launch of PurePlay Nvidia Ecosystem Picks & Shovels Index ETF (Nasdaq: NVPS) with PurePlay ETFs
• Positive Sentiment: IDC reports that NVIDIA took the No. 1 spot in data center Ethernet switching revenue in Q1, suggesting the company is extending its reach beyond GPUs into more of the AI infrastructure stack. Nvidia takes No. 1 spot in data center ethernet switching by revenue in Q1: IDC
• Neutral Sentiment: Several articles focused on NVIDIA’s broad market influence, recent analyst praise, and CEO Jensen Huang’s comments about AI demand, which support the long-term story but do not change the near-term fundamentals by themselves.
• Negative Sentiment: Amazon’s reported discussions about selling its own AI chips and pushing Trainium deeper into the market could increase competition for NVIDIA in cloud AI accelerators over time. Amazon hopes to challenge Nvidia more directly by selling its AI chips
• Negative Sentiment: Some coverage also warned that AI spending may face a funding squeeze and that major investors such as Michael Burry remain skeptical, which can weigh on sentiment around NVIDIA’s premium valuation. Nvidia Stock Braced for AI Funding Squeeze

Wall Street Analyst Weigh In

Several research analysts have weighed in on the company. Melius Research set a $400.00 target price on NVIDIA in a research report on Thursday, May 21st. Truist Financial boosted their price target on NVIDIA from $287.00 to $307.00 and gave the company a “buy” rating in a research note on Thursday, May 21st. JPMorgan Chase & Co. increased their price objective on NVIDIA from $265.00 to $280.00 and gave the stock an “overweight” rating in a report on Thursday, May 21st. Wells Fargo & Company reaffirmed an “overweight” rating and set a $315.00 price objective (up from $265.00) on shares of NVIDIA in a research report on Tuesday, May 12th. Finally, Craig Hallum boosted their target price on shares of NVIDIA from $245.00 to $275.00 and gave the stock a “buy” rating in a research report on Thursday, May 21st. Three analysts have rated the stock with a Strong Buy rating, forty-eight have issued a Buy rating and three have assigned a Hold rating to the company’s stock. According to data from MarketBeat.com, NVIDIA has a consensus rating of “Buy” and a consensus price target of $305.67.

NVIDIA Stock Up 3.0%

Shares of NVIDIA stock opened at $210.69 on Friday. NVIDIA Corporation has a 12-month low of $142.03 and a 12-month high of $236.54. The company has a quick ratio of 2.85, a current ratio of 3.44 and a debt-to-equity ratio of 0.04. The stock has a 50 day moving average price of $209.33 and a two-hundred day moving average price of $192.25. The stock has a market capitalization of $5.10 trillion, a P/E ratio of 32.26, a PEG ratio of 0.46 and a beta of 2.22.

NVIDIA (NASDAQ:NVDA) last issued its quarterly earnings data 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 business had revenue of $81.61 billion during the quarter, compared to analysts’ expectations of $78.42 billion. NVIDIA had a net margin of 62.97% and a return on equity of 96.94%. NVIDIA’s revenue for the quarter was up 85.2% on a year-over-year basis. During the same period in the previous year, the company earned $0.81 earnings per share. Equities analysts expect that NVIDIA Corporation will post 8.65 earnings per share for the current year.

NVIDIA announced that its Board of Directors has initiated a stock repurchase program on Wednesday, May 20th that authorizes the company to repurchase $80.00 billion in outstanding shares. This repurchase authorization authorizes the computer hardware maker to buy up to 1.5% of its stock through open market purchases. Stock repurchase programs are usually an indication that the company’s management believes its stock is undervalued.

NVIDIA Increases Dividend

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

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.