Novare Capital Management LLC Sells 7,239 Shares of NVIDIA Corporation $NVDA

Novare Capital Management LLC trimmed its holdings in NVIDIA Corporation (NASDAQ:NVDA) by 3.3% in the 1st quarter, according to its most recent disclosure with the SEC. The firm owned 215,119 shares of the computer hardware maker’s stock after selling 7,239 shares during the period. NVIDIA makes up about 3.0% of Novare Capital Management LLC’s holdings, making the stock its 7th largest holding. Novare Capital Management LLC’s holdings in NVIDIA were worth $37,517,000 as of its most recent SEC filing.

A number of other institutional investors have also made changes to their positions in the stock. Summit Wealth Partners LLC boosted its stake in shares of NVIDIA by 636.4% during the first quarter. Summit Wealth Partners LLC now owns 57,858 shares of the computer hardware maker’s stock worth $10,090,000 after buying an additional 50,001 shares during the period. Paragon Capital Management Inc. increased its position in NVIDIA by 288.8% in the 1st quarter. Paragon Capital Management Inc. now owns 13,573 shares of the computer hardware maker’s stock valued at $2,367,000 after acquiring an additional 10,082 shares during the period. Verde Capital Management raised its stake in NVIDIA by 7.4% during the 1st quarter. Verde Capital Management now owns 60,353 shares of the computer hardware maker’s stock valued at $10,526,000 after acquiring an additional 4,152 shares during the last quarter. Harbour Wealth Management Group Inc. raised its stake in NVIDIA by 10.9% during the 1st quarter. Harbour Wealth Management Group Inc. now owns 2,725 shares of the computer hardware maker’s stock valued at $475,000 after acquiring an additional 268 shares during the last quarter. Finally, AGP Franklin LLC lifted its position in NVIDIA by 9.0% during the 1st quarter. AGP Franklin LLC now owns 75,022 shares of the computer hardware maker’s stock worth $13,084,000 after acquiring an additional 6,212 shares during the period. 65.27% of the stock is currently owned by institutional investors and hedge funds.

Insider Activity at NVIDIA

In related news, Director Mark A. Stevens sold 885,000 shares of the 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 sale, the director directly owned 5,207,271 shares of the company’s stock, valued at approximately $1,094,412,146.07. This represents a 14.53% decrease in their position. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which is available at this hyperlink. Also, Director John Dabiri sold 625 shares of the firm’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 transaction, the director owned 14,163 shares of the company’s stock, valued at $3,030,882. This trade represents a 4.23% decrease in their ownership of the stock. 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. In the last three months, insiders have sold 1,901,125 shares of company stock valued at $410,583,015. Insiders own 3.94% of the company’s stock.

NVIDIA Stock Performance

NASDAQ NVDA opened at $192.53 on Friday. The business has a 50 day moving average price of $210.66 and a 200 day moving average price of $193.00. The company has a market capitalization of $4.66 trillion, a P/E ratio of 29.48, a PEG ratio of 0.43 and a beta of 2.22. NVIDIA Corporation has a 1-year low of $151.49 and a 1-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.

NVIDIA (NASDAQ:NVDA) last posted 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 company had revenue of $81.61 billion for 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%.NVIDIA’s quarterly revenue was up 85.2% compared to the same quarter last year. During the same period in the previous year, the business earned $0.81 earnings per share. Sell-side analysts expect that NVIDIA Corporation will post 8.69 EPS for the current fiscal year.

NVIDIA declared that its Board of Directors has initiated a stock buyback program 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 stock through open market purchases. Stock buyback programs are generally a sign that the company’s board of directors believes its stock is undervalued.

NVIDIA Increases Dividend

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

Key Stories Impacting NVIDIA

Here are the key news stories impacting NVIDIA this week:

• Positive Sentiment: Several analysts and commentators still argue that NVIDIA’s growth story remains intact, citing strong demand for Blackwell chips, continuing hyperscaler spending, and the company’s entrenched CUDA software moat. Why Cerebras’ Mind-Boggling LLM Raw Speed Is Still Falling Into Nvidia’s Massive Software Trap
• Positive Sentiment: NVIDIA also benefited from coverage pointing to expanding AI infrastructure demand and new use cases, including AWS partnerships and data-center networking growth, which reinforce the company’s long-term AI leadership. NVIDIA (NVDA), AWS (AMZN) Partner to Boost Production-Scale AI with Blackwell-Powered Instances
• Neutral Sentiment: Optimistic pieces also highlighted NVIDIA’s valuation and long-term upside, arguing the stock may still have room to run if AI spending stays strong. How Much Upside Can NVDA Stock’s Growth Deliver?
• Negative Sentiment: The main drag is a broad AI and semiconductor pullback, with reports saying the Nasdaq sold off sharply and NVIDIA fell alongside Micron and SanDisk as investors backed away from crowded tech trades. Stock Market Today: Small Caps Edge Lower As Dow Goes Flat; Heavy Construction Play Surges (Live Coverage)
• Negative Sentiment: There is also growing concern that competition is intensifying, with rivals and customers exploring custom chips and alternative AI hardware, which could pressure NVIDIA’s pricing power over time. Why everyone from OpenAI to SpaceX is building their own chips (and turning up the heat on Nvidia)

Analyst Ratings Changes

Several equities research analysts have recently commented on NVDA shares. TD Cowen restated a “buy” rating and set a $275.00 price target (up from $235.00) on shares of NVIDIA in a research note on Friday, May 15th. Needham & Company LLC reiterated a “buy” rating and issued a $270.00 price objective on shares of NVIDIA in a research report on Tuesday, June 2nd. Itau BBA Securities dropped their price objective on shares of NVIDIA from $256.00 to $218.00 in a research note on Wednesday. New Street Research cut their price objective on shares of NVIDIA from $343.00 to $340.00 in a research report on Thursday, May 21st. Finally, Truist Financial raised their target price on shares of NVIDIA from $287.00 to $307.00 and gave the stock a “buy” rating in a research note on Thursday, May 21st. Three investment analysts have rated the stock with a Strong Buy rating, forty-eight have given a Buy rating and three have given a Hold rating to the company’s stock. Based on data from MarketBeat, the stock presently has an average rating of “Buy” and a consensus target price of $303.84.

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.