NVIDIA (NASDAQ:NVDA) Shares Up 2.9% – Time to Buy?

NVIDIA Corporation (NASDAQ:NVDA) shares shot up 2.9% during mid-day trading on Monday . The stock traded as high as $208.74 and last traded at $206.64. 127,737,949 shares traded hands during mid-day trading, a decline of 22% from the average session volume of 163,869,625 shares. The stock had previously closed at $200.75.

NVIDIA News Summary

Here are the key news stories impacting NVIDIA this week:

• Positive Sentiment: Elon Musk said SpaceX plans to build its AI infrastructure exclusively around NVIDIA processors, including the Vera Rubin platform, and highlighted ambitions for large-scale computing capacity. The expected business and validation from a high-profile customer boosted NVIDIA’s growth outlook. Nvidia Stock Is on the Rise After Elon Musk Says SpaceX Will Exclusively Buy Its Chips
• Positive Sentiment: Analysts and investors are increasingly viewing NVIDIA as an integrated AI platform rather than solely a GPU supplier. Networking, software, enterprise AI and sovereign AI could diversify revenue and deepen customer switching costs. Nvidia: The Story Is Bigger Than GPUs Now
• Positive Sentiment: Reports that NVIDIA’s B200 systems are sold out, combined with a reported 12-to-1 demand-to-supply imbalance, reinforced expectations that AI infrastructure demand remains well above available supply. The Ultimate Bull Case for NVIDIA Is Here
• Neutral Sentiment: Recent 13F filings showed Allen Investment Management and DekaBank adding a combined roughly 1.3 million NVDA shares. However, institutional filings reflect holdings as of June 30 and are backward-looking; broader fund activity remains mixed. Allen Investment Management Adds NVIDIA Shares
• Negative Sentiment: Risks include potential U.S. restrictions on Chinese AI components, growing competition from custom chips and open-source alternatives, and concerns about NVIDIA’s investments and financial commitments to AI customers. Michael Burry also reiterated bearish bets on NVIDIA, while reported insider trading has consisted entirely of sales over the past six months. Broadcom, Marvell and NVIDIA Face Risk From China AI Component Ban

Analysts Set New Price Targets

NVDA has been the subject of several recent analyst reports. Barclays restated an “overweight” rating on shares of NVIDIA in a research report on Thursday, May 21st. Citic Securities lifted their target price on NVIDIA from $242.00 to $315.00 and gave the company a “buy” rating in a research report on Friday, May 22nd. UBS Group boosted their target price on NVIDIA from $275.00 to $280.00 and gave the stock a “buy” rating in a research note on Thursday, May 21st. Raymond James Financial reissued a “strong-buy” rating and issued a $330.00 target price on shares of NVIDIA in a report on Thursday, May 21st. Finally, Morgan Stanley set a $288.00 price target on shares of NVIDIA and gave the company an “overweight” rating in a research note on Thursday, May 21st. Three investment analysts have rated the stock with a Strong Buy rating, forty-eight have assigned a Buy rating and two have issued a Hold rating to the company. According to data from MarketBeat, the stock has a consensus rating of “Buy” and an average price target of $304.26.

NVIDIA Price Performance

The business has a 50-day moving average of $205.18 and a two-hundred day moving average of $196.55. The company has a current ratio of 3.44, a quick ratio of 2.85 and a debt-to-equity ratio of 0.04. The firm has a market cap of $5.34 trillion, a P/E ratio of 33.81, a price-to-earnings-growth ratio of 0.40 and a beta of 2.23.

NVIDIA (NASDAQ:NVDA) last posted its earnings results on Wednesday, May 20th. The computer hardware maker reported $1.87 EPS for the quarter, beating the consensus estimate of $1.76 by $0.11. NVIDIA had a return on equity of 96.94% and a net margin of 62.97%.The firm had revenue of $81.61 billion during the quarter, compared to the consensus estimate of $78.42 billion. During the same period last year, the company earned $0.81 earnings per share. The business’s quarterly revenue was up 85.2% on a year-over-year basis. On average, sell-side analysts anticipate that NVIDIA Corporation will post 8.79 earnings per share for the current fiscal year.

NVIDIA Increases Dividend

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

NVIDIA declared that its Board of Directors has initiated a share repurchase plan on Wednesday, May 20th that allows the company to repurchase $80.00 billion in shares. This repurchase authorization allows the computer hardware maker to buy up to 1.5% of its stock through open market purchases. Stock repurchase plans are generally an indication that the company’s board of directors believes its shares are undervalued.

Insider Buying and Selling

In other NVIDIA news, Director Stephen C. Neal sold 15,500 shares of the company’s stock in a transaction that occurred on 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 directly owned 116,135 shares in the company, valued at approximately $25,053,803.55. This represents a 11.77% decrease in their position. The sale was disclosed in a legal filing with the SEC, which can be accessed through this link. Also, Director John Dabiri sold 625 shares of the company’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 transaction of $133,750.00. Following the completion of the transaction, the director owned 14,163 shares of the company’s stock, valued at approximately $3,030,882. This trade represents a 4.23% decrease in their ownership of the stock. The SEC filing for this sale provides additional information. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Insiders have sold a total of 1,901,125 shares of company stock worth $410,583,015 in the last ninety days. Company insiders own 3.94% of the company’s stock.

Institutional Trading of NVIDIA

Institutional investors have recently modified their holdings of the business. Affinity Investment Advisors LLC raised its position in shares of NVIDIA by 3.3% during the second quarter. Affinity Investment Advisors LLC now owns 15,784 shares of the computer hardware maker’s stock worth $3,158,000 after acquiring an additional 509 shares during the last quarter. Gryphon Financial Partners LLC boosted its holdings in NVIDIA by 2.9% in the second quarter. Gryphon Financial Partners LLC now owns 169,338 shares of the computer hardware maker’s stock valued at $33,883,000 after acquiring an additional 4,800 shares during the last quarter. Souders Financial Advisors boosted its holdings in NVIDIA by 13.4% in the second quarter. Souders Financial Advisors now owns 56,763 shares of the computer hardware maker’s stock valued at $11,358,000 after acquiring an additional 6,726 shares during the last quarter. GWN Securities Inc. increased its position in NVIDIA by 2.3% during the 2nd quarter. GWN Securities Inc. now owns 35,365 shares of the computer hardware maker’s stock valued at $7,076,000 after purchasing an additional 800 shares during the period. Finally, PDS Planning Inc increased its position in NVIDIA by 2.1% during the 2nd quarter. PDS Planning Inc now owns 180,460 shares of the computer hardware maker’s stock valued at $36,108,000 after purchasing an additional 3,771 shares during the period. Institutional investors own 65.27% 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.