First Pacific Financial Has $5.03 Million Stock Holdings in NVIDIA Corporation $NVDA

First Pacific Financial raised its position in shares of NVIDIA Corporation (NASDAQ:NVDA) by 14.9% in the first quarter, Holdings Channel reports. The firm owned 28,864 shares of the computer hardware maker’s stock after buying an additional 3,747 shares during the period. NVIDIA accounts for 0.6% of First Pacific Financial’s investment portfolio, making the stock its 29th largest holding. First Pacific Financial’s holdings in NVIDIA were worth $5,034,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

Several other institutional investors have also made changes to their positions in NVDA. Wendell David Associates Inc. boosted its holdings in NVIDIA by 12.5% in the 1st quarter. Wendell David Associates Inc. now owns 15,067 shares of the computer hardware maker’s stock valued at $2,628,000 after purchasing an additional 1,675 shares during the period. Columbia Advisory Partners LLC raised its position in shares of NVIDIA by 38.2% during the first quarter. Columbia Advisory Partners LLC now owns 3,163 shares of the computer hardware maker’s stock valued at $552,000 after buying an additional 875 shares during the last quarter. Ellenbecker Investment Group raised its position in shares of NVIDIA by 3.1% during the first quarter. Ellenbecker Investment Group now owns 21,254 shares of the computer hardware maker’s stock valued at $3,707,000 after buying an additional 644 shares during the last quarter. Exeter Financial LLC lifted its stake in shares of NVIDIA by 54.9% in the first quarter. Exeter Financial LLC now owns 4,136 shares of the computer hardware maker’s stock valued at $721,000 after buying an additional 1,466 shares during the period. Finally, MQS Management LLC grew its position in NVIDIA by 10.2% during the first quarter. MQS Management LLC now owns 4,758 shares of the computer hardware maker’s stock worth $830,000 after buying an additional 442 shares in the last quarter. 65.27% of the stock is currently owned by institutional investors and hedge funds.

Key Stories Impacting NVIDIA

Here are the key news stories impacting NVIDIA this week:

• Positive Sentiment: Bank of America reaffirmed its bullish stance, saying NVIDIA remains a top AI stock and could keep a 65% to 70%+ share of AI capital spending. Article Title
• Positive Sentiment: Multiple reports frame NVDA as a value opportunity after its selloff, with analysts citing a cheaper valuation despite record revenue and strong long-term AI demand. Article Title
• Neutral Sentiment: China may allow limited purchases of NVIDIA H200 chips by major AI firms, which could support sales but would likely be tightly capped. Article Title
• Negative Sentiment: Reports that DeepSeek is developing its own AI chip revived concerns that large customers are trying to reduce dependence on NVIDIA hardware. Article Title
• Negative Sentiment: Speculation that NVIDIA’s Kyber rack-scale system could be delayed has pressured sentiment, even though the company publicly denied a delay. Article Title

NVIDIA Stock Performance

Shares of NASDAQ:NVDA opened at $204.12 on Thursday. The business has a fifty day moving average of $209.66 and a 200-day moving average of $194.15. 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 Corporation has a twelve month low of $161.16 and a twelve month high of $236.54. The firm has a market cap of $4.94 trillion, a PE ratio of 31.26, a price-to-earnings-growth ratio of 0.44 and a beta of 2.21.

NVIDIA (NASDAQ:NVDA) last issued its quarterly earnings data 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. NVIDIA had a net margin of 62.97% and a return on equity of 96.94%. The firm had revenue of $81.61 billion for the quarter, compared to analyst estimates of $78.42 billion. During the same quarter in the prior year, the firm earned $0.81 EPS. The company’s revenue was up 85.2% on a year-over-year basis. On average, equities research analysts predict that NVIDIA Corporation will post 8.69 EPS for the current fiscal year.

NVIDIA Increases Dividend

The business also recently declared a quarterly dividend, which was paid on Friday, June 26th. Investors of record on Thursday, June 4th were issued a $0.25 dividend. This is an increase from NVIDIA’s previous quarterly dividend of $0.01. This represents a $1.00 dividend on an annualized basis and a dividend yield of 0.5%. The ex-dividend date of this dividend was Thursday, June 4th. NVIDIA’s dividend payout ratio (DPR) is 15.31%.

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

Analyst Upgrades and Downgrades

NVDA has been the subject of several recent research reports. Benchmark reaffirmed a “buy” rating and issued a $335.00 price target (up from $250.00) on shares of NVIDIA in a report on Thursday, May 21st. TD Cowen reissued a “buy” rating and issued a $275.00 price target (up from $235.00) on shares of NVIDIA in a research report on Friday, May 15th. Wells Fargo & Company restated an “overweight” rating and set a $315.00 price target (up from $265.00) on shares of NVIDIA in a research note on Tuesday, May 12th. Barclays reiterated an “overweight” rating on shares of NVIDIA in a research note on Thursday, May 21st. Finally, Stifel Nicolaus set a $282.00 price target on NVIDIA and gave the company a “buy” rating in a research report 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 issued a Hold rating to the company. Based on data from MarketBeat.com, the company has a consensus rating of “Buy” and an average target price of $303.84.

Insider Buying and Selling

In other news, Director John Dabiri sold 625 shares of the company’s stock in a transaction on Wednesday, May 27th. The stock was 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 represents a 4.23% decrease in their ownership of the stock. The sale was disclosed in a legal 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 Stephen C. Neal sold 15,500 shares of the firm’s stock in a transaction dated Wednesday, June 3rd. The shares were sold at an average price of $215.73, for a total value of $3,343,815.00. Following the completion of the transaction, the director owned 116,135 shares in the company, valued at approximately $25,053,803.55. This represents a 11.77% decrease in their position. The disclosure for this sale is available in the SEC filing. Insiders sold 1,901,125 shares of company stock worth $410,583,015 in the last quarter. Insiders own 3.94% of the company’s stock.

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.