Fortem Financial Group LLC Has $15.64 Million Holdings in NVIDIA Corporation $NVDA

Fortem Financial Group LLC grew its holdings in shares of NVIDIA Corporation (NASDAQ:NVDA) by 3.9% in the 4th quarter, Holdings Channel.com reports. The fund owned 83,867 shares of the computer hardware maker’s stock after purchasing an additional 3,110 shares during the period. NVIDIA makes up about 4.2% of Fortem Financial Group LLC’s holdings, making the stock its 3rd biggest holding. Fortem Financial Group LLC’s holdings in NVIDIA were worth $15,641,000 as of its most recent filing with the SEC.

Several other large investors have also recently modified their holdings of the business. Joule Financial LLC raised its stake in shares of NVIDIA by 2.2% during the third quarter. Joule Financial LLC now owns 2,308 shares of the computer hardware maker’s stock valued at $431,000 after acquiring an additional 50 shares during the last quarter. Presidio Capital Management LLC raised its stake in shares of NVIDIA by 0.4% during the fourth quarter. Presidio Capital Management LLC now owns 15,137 shares of the computer hardware maker’s stock valued at $2,823,000 after acquiring an additional 53 shares during the last quarter. LMG Wealth Partners LLC raised its stake in shares of NVIDIA by 0.7% during the fourth quarter. LMG Wealth Partners LLC now owns 7,649 shares of the computer hardware maker’s stock valued at $1,427,000 after acquiring an additional 53 shares during the last quarter. Vision Financial Markets LLC raised its stake in shares of NVIDIA by 1.2% during the third quarter. Vision Financial Markets LLC now owns 4,640 shares of the computer hardware maker’s stock valued at $866,000 after acquiring an additional 53 shares during the last quarter. Finally, IMG Wealth Management Inc. raised its stake in shares of NVIDIA by 1.4% during the third quarter. IMG Wealth Management Inc. now owns 3,820 shares of the computer hardware maker’s stock valued at $713,000 after acquiring an additional 54 shares during the last quarter. Institutional investors own 65.27% of the company’s stock.

Analysts Set New Price Targets

Several research firms have recently issued reports on NVDA. Jefferies Financial Group reaffirmed a “buy” rating and set a $300.00 price target (up from $275.00) on shares of NVIDIA in a research note on Thursday, May 21st. CICC Research lifted their target price on shares of NVIDIA from $240.60 to $268.30 and gave the stock an “outperform” rating in a research note on Friday, May 22nd. Robert W. Baird set a $500.00 target price on shares of NVIDIA and gave the stock an “outperform” rating in a research note on Thursday, May 21st. KeyCorp set a $310.00 target price on shares of NVIDIA and gave the stock an “overweight” rating in a research note on Thursday, May 21st. Finally, Barclays reissued an “overweight” rating on shares of NVIDIA in a research note on Thursday, May 21st. Three analysts have rated the stock with a Strong Buy rating, forty-seven have given a Buy rating and three have issued a Hold rating to the company’s stock. According to MarketBeat, the stock currently has an average rating of “Buy” and an average target price of $305.38.

NVIDIA News Summary

Here are the key news stories impacting NVIDIA this week:

• Positive Sentiment: Needham reiterated a Buy rating on NVIDIA and set a $270 price target, implying meaningful upside from current levels.
• Positive Sentiment: Several articles highlighted NVIDIA’s expanding AI roadmap at Computex, including the RTX Spark AI PC chip, which could open a new consumer-PC growth avenue beyond data centers.
• Positive Sentiment: More partner news reinforced NVIDIA’s ecosystem strength, including collaborations involving Navitas, Aptiv, Coherent, Lightmatter, and Ayar Labs, all tied to NVIDIA’s AI infrastructure push.
• Neutral Sentiment: Jensen Huang’s comments that the AI build-out is still accelerating and that NVIDIA has enough supply for robust CPU and GPU growth support the long-term story, but they are not an immediate catalyst on their own. Reuters: Nvidia CEO says has capacity to supply robust CPU and GPU growth
• Neutral Sentiment: NVDA also remained in the spotlight for headline-grabbing coverage around dividends, AI-PC expansion, and comparisons with peers like Broadcom and AMD, but those are mostly narrative items rather than fresh earnings news.
• Negative Sentiment: Investors appear concerned about valuation and a possible AI bubble after the stock’s strong move, with some commentary noting that capital is rotating into other AI beneficiaries such as Broadcom, Marvell, and even non-chip infrastructure names.
• Negative Sentiment: There was also a minor overhang from political insider selling, including Senator Sheldon Whitehouse disclosing a sale of NVDA shares, which may add to near-term caution. Finbold: U.S. politician suspiciously dumps Nvidia stock after 10 years

Insider Activity

In other news, CFO Colette Kress sold 42,650 shares of NVIDIA stock in a transaction dated Friday, March 20th. The shares were sold at an average price of $174.89, for a total transaction of $7,459,058.50. Following the completion of the transaction, the chief financial officer directly owned 881,387 shares in the company, valued at $154,145,772.43. This trade represents a 4.62% decrease in their ownership of the stock. The sale was disclosed in a filing with the Securities & Exchange Commission, which is available through this hyperlink. Also, Director Aarti S. Shah sold 19,000 shares of NVIDIA stock in a transaction dated Thursday, March 19th. The shares were sold at an average price of $176.71, for a total transaction of $3,357,490.00. Following the transaction, the director owned 36,007 shares of the company’s stock, valued at $6,362,796.97. This represents a 34.54% decrease in their ownership of the stock. The SEC filing for this sale provides additional information. Over the last three months, insiders sold 906,961 shares of company stock valued at $162,936,268. 3.94% of the stock is currently owned by insiders.

NVIDIA Trading Down 3.6%

NASDAQ:NVDA opened at $214.75 on Thursday. 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 stock has a market capitalization of $5.20 trillion, a price-to-earnings ratio of 32.89, a PEG ratio of 0.54 and a beta of 2.22. The firm has a fifty day simple moving average of $201.97 and a two-hundred day simple moving average of $190.25. NVIDIA Corporation has a 12 month low of $138.83 and a 12 month high of $236.54.

NVIDIA (NASDAQ:NVDA) last posted its quarterly 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 business had revenue of $81.62 billion during the quarter, compared to analysts’ expectations of $78.42 billion. NVIDIA had a net margin of 62.97% and a return on equity of 96.94%. The business’s quarterly revenue was up 85.2% on a year-over-year basis. During the same period last year, the company posted $0.81 earnings per share. Analysts expect that NVIDIA Corporation will post 8.04 EPS for the current fiscal year.

NVIDIA Increases Dividend

The firm also recently disclosed a quarterly dividend, which will be paid on Friday, June 26th. Stockholders of record on Thursday, June 4th will be issued a dividend of $0.25 per share. 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 is Thursday, June 4th. NVIDIA’s dividend payout ratio is 0.61%.

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

NVIDIA Company 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.