Maple Capital Management Inc. Sells 92,369 Shares of NVIDIA Corporation $NVDA

Maple Capital Management Inc. lowered its stake in NVIDIA Corporation (NASDAQ:NVDA) by 12.2% during the fourth quarter, Holdings Channel.com reports. The firm owned 664,739 shares of the computer hardware maker’s stock after selling 92,369 shares during the quarter. NVIDIA accounts for about 7.8% of Maple Capital Management Inc.’s portfolio, making the stock its 4th largest position. Maple Capital Management Inc.’s holdings in NVIDIA were worth $123,974,000 at the end of the most recent reporting period.

A number of other hedge funds also recently bought and sold shares of the stock. Allegiance Financial Group Advisory Services LLC raised its position in NVIDIA by 76.5% in the 4th quarter. Allegiance Financial Group Advisory Services LLC now owns 18,516 shares of the computer hardware maker’s stock valued at $3,453,000 after purchasing an additional 8,023 shares in the last quarter. Bluebird Wealth Management LLC acquired a new stake in NVIDIA in the 4th quarter valued at about $5,733,000. Eclectic Associates Inc. ADV raised its position in shares of NVIDIA by 11.1% during the 4th quarter. Eclectic Associates Inc. ADV now owns 5,999 shares of the computer hardware maker’s stock worth $1,119,000 after acquiring an additional 601 shares in the last quarter. Premier Fund Managers Ltd raised its position in shares of NVIDIA by 17.9% during the 4th quarter. Premier Fund Managers Ltd now owns 119,085 shares of the computer hardware maker’s stock worth $22,334,000 after acquiring an additional 18,108 shares in the last quarter. Finally, Retirement Planning Group LLC raised its position in shares of NVIDIA by 23.7% during the 4th quarter. Retirement Planning Group LLC now owns 66,579 shares of the computer hardware maker’s stock worth $12,417,000 after acquiring an additional 12,769 shares in the last quarter. Institutional investors and hedge funds own 65.27% of the company’s stock.

Trending Headlines about NVIDIA

Here are the key news stories impacting NVIDIA this week:

• Positive Sentiment: Investors are looking ahead to next week’s Computex conference, which could provide a fresh catalyst for NVIDIA’s AI-chip leadership and keep sentiment constructive around the stock. Why Nvidia stock is up around 1% today
• Positive Sentiment: Analysts and commentators continue to point to NVIDIA as the main winner from the AI server boom, with strong demand for its chips, Blackwell products, and broader data-center ecosystem. Jim Cramer names Nvidia as the winner behind Dell rally
• Positive Sentiment: News that NVIDIA is investing heavily in photonics, with billions directed toward next-generation data-center connectivity, suggests the company is trying to extend its AI leadership beyond GPUs into the next bottlenecks in AI infrastructure. Nvidia is investing billions into this emerging technology that could change the AI industry
• Positive Sentiment: Truist raised its price target on NVDA to $307 and kept a Buy rating, reinforcing the view that the company’s strong quarterly results and growth outlook remain intact. NVIDIA Corporation (NVDA) Stock Update: Truist Raises Target to $307 Following Strong Quarter
• Neutral Sentiment: CEO Jensen Huang’s reported advisory-board role at Tsinghua University keeps NVIDIA visible in China-related tech circles, but it is more of a corporate-profile headline than a direct earnings driver. Nvidia chief Jensen Huang to join board of Beijing’s Tsinghua University, FT reports
• Negative Sentiment: Director John Dabiri sold 625 shares under a pre-arranged 10b5-1 trading plan, which is routine but can still add to investor caution when the stock is already expensive and volatile. SEC filing for John Dabiri transaction
• Negative Sentiment: Several articles highlight concerns that NVIDIA’s valuation is stretched and that the stock may be struggling to extend gains after a huge AI-driven run, which can weigh on near-term trading. Nvidia And The Reality Of Paying For Perfection

Wall Street Analyst Weigh In

NVDA has been the topic of several research analyst reports. Piper Sandler reissued an “overweight” rating on shares of NVIDIA in a research report on Thursday, February 26th. Argus raised their target price on NVIDIA from $220.00 to $270.00 and gave the stock a “buy” rating in a research report on Thursday, May 21st. Wedbush raised their target price on NVIDIA from $300.00 to $330.00 and gave the stock an “outperform” rating in a research report on Thursday, May 21st. Sanford C. Bernstein reissued an “outperform” rating on shares of NVIDIA in a research report on Thursday, May 21st. Finally, Citigroup initiated coverage on NVIDIA in a research report on Wednesday, April 15th. They set a “buy” rating on the stock. Three investment analysts have rated the stock with a Strong Buy rating, forty-seven have given a Buy rating and three have assigned a Hold rating to the stock. According to data from MarketBeat, the stock has an average rating of “Buy” and an average price target of $305.38.

Insider Transactions at NVIDIA

In related news, Director Aarti S. Shah sold 19,000 shares of NVIDIA stock in a transaction on Thursday, March 19th. The stock was sold at an average price of $176.71, for a total transaction of $3,357,490.00. Following the completion of the transaction, the director directly owned 36,007 shares of the company’s stock, valued at approximately $6,362,796.97. The trade was a 34.54% decrease in their ownership of the stock. The sale was disclosed in a document filed with the SEC, which can be accessed through this link. Also, Director Mark A. Stevens sold 221,682 shares of NVIDIA stock in a transaction on Friday, March 20th. The stock was sold at an average price of $173.68, for a total value of $38,501,729.76. Following the transaction, the director directly owned 7,399,771 shares of the company’s stock, valued at approximately $1,285,192,227.28. This represents a 2.91% decrease in their ownership of the stock. The SEC filing for this sale provides additional information. Over the last 90 days, insiders sold 906,961 shares of company stock valued at $162,936,268. 3.94% of the stock is owned by company insiders.

NVIDIA Trading Down 1.5%

NVDA opened at $211.14 on Friday. The firm has a market cap of $5.11 trillion, a price-to-earnings ratio of 32.33, a price-to-earnings-growth ratio of 0.51 and a beta of 2.25. NVIDIA Corporation has a 52 week low of $132.92 and a 52 week high of $236.54. The business’s 50 day moving average is $199.28 and its two-hundred day moving average is $189.70. The company has a quick ratio of 2.85, a current ratio of 3.44 and a debt-to-equity ratio of 0.04.

NVIDIA (NASDAQ:NVDA) last announced its earnings results on Wednesday, May 20th. The computer hardware maker reported $1.87 earnings per share 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 company had revenue of $81.62 billion for the quarter, compared to the consensus estimate of $78.42 billion. During the same period last year, the business posted $0.81 EPS. The company’s revenue was up 85.2% on a year-over-year basis. On average, research analysts predict that NVIDIA Corporation will post 8.04 EPS for the current year.

NVIDIA Increases Dividend

The firm also recently declared a quarterly dividend, which will be paid on Friday, June 26th. Investors of record on Thursday, June 4th will be paid a $0.25 dividend. This represents a $1.00 dividend on an annualized basis and a dividend yield of 0.5%. This is a boost from NVIDIA’s previous quarterly dividend of $0.01. The ex-dividend date is Thursday, June 4th. NVIDIA’s dividend payout ratio (DPR) is presently 0.61%.

NVIDIA declared that its Board of Directors has initiated a stock repurchase program on Wednesday, May 20th that permits the company to buyback $80.00 billion in shares. This buyback authorization permits the computer hardware maker to purchase up to 1.5% of its shares through open market purchases. Shares buyback programs are typically an indication that the company’s board believes its stock is undervalued.

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.