NVIDIA Corporation $NVDA Position Increased by Wall Street Financial Group Inc.

Wall Street Financial Group Inc. raised its position in NVIDIA Corporation (NASDAQ:NVDA) by 13.4% during the 2nd quarter, according to its most recent disclosure with the SEC. The fund owned 48,008 shares of the computer hardware maker’s stock after purchasing an additional 5,674 shares during the period. NVIDIA comprises approximately 5.1% of Wall Street Financial Group Inc.’s portfolio, making the stock its 6th biggest holding. Wall Street Financial Group Inc.’s holdings in NVIDIA were worth $9,606,000 at the end of the most recent quarter.

Several other hedge funds and other institutional investors have also made changes to their positions in the company. Lifetime Wealth Management P.C. purchased a new stake in NVIDIA in the 4th quarter valued at approximately $26,000. Longview Financial Advisors Inc. purchased a new position in NVIDIA during the first quarter worth $27,000. Longfellow Investment Management Co. LLC raised its holdings in shares of NVIDIA by 47.9% in the second quarter. Longfellow Investment Management Co. LLC now owns 207 shares of the computer hardware maker’s stock worth $33,000 after acquiring an additional 67 shares during the last quarter. Phillip James Consulting Co. purchased a new stake in shares of NVIDIA in the first quarter valued at $40,000. Finally, Inspire Investing LLC acquired a new stake in shares of NVIDIA during the fourth quarter valued at $44,000. Institutional investors and hedge funds own 65.27% of the company’s stock.

NVIDIA Trading Up 2.2%

NASDAQ NVDA opened at $213.05 on Wednesday. The stock has a market cap of $5.16 trillion, a P/E ratio of 32.63, a PEG ratio of 0.41 and a beta of 2.23. The company’s fifty day simple moving average is $207.50 and its 200-day simple moving average is $200.09. The company has a current ratio of 3.44, a quick ratio of 2.85 and a debt-to-equity ratio of 0.04. NVIDIA Corporation has a 52 week low of $164.07 and a 52 week high of $236.54.

NVIDIA announced that its Board of Directors has initiated a share repurchase plan 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 reacquire up to 1.5% of its stock through open market purchases. Stock repurchase plans are generally an indication that the company’s board believes its stock is undervalued.

Insider Activity

In other news, Director Stephen C. Neal sold 15,500 shares of NVIDIA stock in a transaction dated Wednesday, June 3rd. The stock was sold at an average price of $215.73, for a total transaction of $3,343,815.00. Following the sale, the director directly owned 116,135 shares of the company’s stock, valued at approximately $25,053,803.55. The trade was a 11.77% decrease in their ownership of the stock. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which can be accessed through this hyperlink. Also, 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 completion of the transaction, the director directly owned 5,207,271 shares of the company’s stock, valued at $1,094,412,146.07. This represents a 14.53% decrease in their position. The disclosure for this sale is available in the SEC filing. Insiders have sold 1,900,500 shares of company stock valued at $410,449,265 over the last 90 days. Insiders own 3.94% of the company’s stock.

Trending Headlines about NVIDIA

Here are the key news stories impacting NVIDIA this week:

• Positive Sentiment: NVIDIA’s launch of the Groq 3 LPX into full production strengthens its inference-AI portfolio. The accelerator reportedly achieved 3,400 output tokens per second in benchmarking, while Nebius plans to become its first AI-cloud customer. NVIDIA Groq 3 LPX production announcement
• Positive Sentiment: The new Jetson Orin Nano 2 robotics computer delivers twice the inference performance of its predecessor at the same size and uses 40% less power, expanding NVIDIA’s opportunity in edge AI, robotics and autonomous systems. Jetson Orin Nano 2 announcement
• Positive Sentiment: Wall Street expects another exceptionally strong quarter, with consensus revenue near $92 billion and approximately 95% year-over-year growth. Analysts including Raymond James, Rosenblatt, KeyBanc and Cantor Fitzgerald maintained bullish ratings and price targets ranging from $325 to $352. NVIDIA growth and Rubin earnings preview
• Neutral Sentiment: Options markets imply an unusually large post-earnings move, estimated at roughly 5.4% or approximately $280 billion in market value. Investors are focused on Rubin shipment growth, margins, hyperscaler demand, supply constraints and management’s forward guidance. NVIDIA options-implied earnings move
• Negative Sentiment: Despite strong expected results, NVIDIA entered earnings after a seven-session losing streak and is testing technical support. Investors increasingly worry that a simple earnings beat may already be priced in, particularly because the stock has often declined after prior beats. NVIDIA tests support ahead of earnings
• Negative Sentiment: Reports of potential 15% or greater price increases for next-generation AI servers could create customer resistance and give competing chips or custom silicon an opening. Concerns also persist around hyperscalers’ heavy capital spending, NVIDIA’s AI investments and financing arrangements, and possible competition from startups such as Etched and Cerebras. NVIDIA hyperscaler dependence
• Negative Sentiment: Taiwanese authorities indicted individuals, including employees linked to NVIDIA and Super Micro, over alleged illegal AI-server exports to China, adding regulatory and geopolitical risk. Taiwan AI-server export investigation

Analysts Set New Price Targets

A number of research firms have issued reports on NVDA. Daiwa Securities Group upped their target price on shares of NVIDIA from $215.00 to $255.00 and gave the company an “outperform” rating in a report on Friday, May 22nd. Wall Street Zen lowered shares of NVIDIA from a “strong-buy” rating to a “buy” rating in a research report on Saturday, July 4th. Deutsche Bank Aktiengesellschaft reissued a “hold” rating and set a $255.00 price objective (up from $220.00) on shares of NVIDIA in a research note on Thursday, May 21st. Jefferies Financial Group restated a “buy” rating and set a $300.00 price objective (up from $275.00) on shares of NVIDIA in a report on Thursday, May 21st. Finally, BNP Paribas Exane boosted their target price on shares of NVIDIA from $270.00 to $285.00 and gave the company an “outperform” rating in a report on Thursday, May 21st. Two analysts have rated the stock with a Strong Buy rating, forty-nine have issued a Buy rating and three have assigned a Hold rating to the company. Based on data from MarketBeat, the stock has an average rating of “Moderate Buy” and a consensus target price of $308.46.

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.