Tobam Has $12.55 Million Holdings in NVIDIA Corporation $NVDA

Tobam raised its stake in NVIDIA Corporation (NASDAQ:NVDA) by 232.1% during the 4th quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission (SEC). The fund owned 67,313 shares of the computer hardware maker’s stock after purchasing an additional 47,043 shares during the period. NVIDIA accounts for approximately 3.1% of Tobam’s investment portfolio, making the stock its biggest position. Tobam’s holdings in NVIDIA were worth $12,554,000 as of its most recent SEC filing.

Other large investors also recently modified their holdings of the company. Clearwave Capital LLC bought a new stake in shares of NVIDIA during the 4th quarter worth about $4,585,000. Wick Capital Partners LLC grew its stake in NVIDIA by 47.9% in the 4th quarter. Wick Capital Partners LLC now owns 24,955 shares of the computer hardware maker’s stock valued at $4,654,000 after buying an additional 8,085 shares during the last quarter. Southern Capital Services Inc. ADV bought a new position in NVIDIA in the 4th quarter valued at about $228,000. Arwa LLC bought a new position in NVIDIA in the 4th quarter valued at about $986,000. Finally, Instrumental Wealth LLC lifted its position in NVIDIA by 2.4% during the fourth quarter. Instrumental Wealth LLC now owns 13,682 shares of the computer hardware maker’s stock worth $2,530,000 after acquiring an additional 326 shares during the last quarter. 65.27% of the stock is owned by institutional investors.

Insider Activity at NVIDIA

In related news, Director John Dabiri sold 625 shares of the company’s stock in a transaction dated 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 sale, 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 transaction was disclosed in a document filed with the SEC, which is available through the SEC website. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Also, Director Mark A. Stevens sold 500,000 shares of the stock in a transaction dated Thursday, June 4th. The stock was sold at an average price of $219.83, for a total transaction of $109,915,000.00. Following the sale, the director owned 6,399,771 shares in the company, valued at $1,406,861,658.93. The trade was a 7.25% decrease in their ownership of the stock. Additional details regarding this sale are available in the official SEC disclosure. Insiders sold a total of 1,016,125 shares of company stock valued at $224,582,565 over the last quarter. 3.94% of the stock is owned by corporate insiders.

Analyst Upgrades and Downgrades

NVDA has been the topic of several research reports. DA Davidson reaffirmed a “buy” rating and issued a $300.00 target price on shares of NVIDIA in a research report on Monday, June 1st. Deutsche Bank Aktiengesellschaft reissued a “hold” rating and set a $255.00 price target (up from $220.00) on shares of NVIDIA in a report on Thursday, May 21st. KeyCorp set a $310.00 price target on NVIDIA and gave the company an “overweight” rating in a research note on Thursday, May 21st. Wall Street Zen raised NVIDIA from a “buy” rating to a “strong-buy” rating in a report on Saturday, May 23rd. Finally, Melius Research set a $400.00 price objective on NVIDIA in a research report on Thursday, May 21st. Three equities research analysts have rated the stock with a Strong Buy rating, forty-eight have assigned a Buy rating and three have assigned a Hold rating to the company’s stock. According to MarketBeat.com, the stock currently has an average rating of “Buy” and a consensus price target of $305.67.

NVIDIA Stock Performance

Shares of NVDA stock opened at $210.69 on Friday. The stock has a market cap of $5.10 trillion, a P/E ratio of 32.26, a price-to-earnings-growth ratio of 0.47 and a beta of 2.22. NVIDIA Corporation has a 1 year low of $142.03 and a 1 year high of $236.54. 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 50 day simple moving average of $209.90 and a 200 day simple moving average of $192.38.

NVIDIA (NASDAQ:NVDA) last announced its quarterly earnings data 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. The firm had revenue of $81.61 billion during the quarter, compared to analysts’ expectations of $78.42 billion. NVIDIA had a return on equity of 96.94% and a net margin of 62.97%.The company’s quarterly revenue was up 85.2% compared to the same quarter last year. During the same period in the previous year, the firm earned $0.81 EPS. On average, research analysts predict that NVIDIA Corporation will post 8.65 earnings per share for the current fiscal year.

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

NVIDIA Increases Dividend

The business 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 yield of 0.5%. This is a boost from NVIDIA’s previous quarterly dividend of $0.01. The ex-dividend date of this dividend is Thursday, June 4th. NVIDIA’s payout ratio is presently 15.31%.

More NVIDIA News

Here are the key news stories impacting NVIDIA this week:

• Positive Sentiment: Jensen Huang’s latest comments were interpreted as a sign that demand for NVIDIA’s AI hardware remains strong, reinforcing the view that the company still has room to grow from the AI buildout. 13 Words From Jensen Huang That Spell Good News for Nvidia Shareholders
• Positive Sentiment: Multiple reports highlighted NVIDIA’s expanding AI ecosystem, including XR AI/public beta, physical AI, and new partnerships, which supports the case that NVIDIA is moving beyond data centers into additional growth markets. How NVIDIA (NVDA) Is Extending Its AI Infrastructure Reach Into XR and Physical AI
• Positive Sentiment: NVIDIA was said to have taken the No. 1 spot in data-center Ethernet switching by revenue in Q1, underscoring that its networking business is becoming a more meaningful part of the AI stack. Nvidia takes No. 1 spot in data center ethernet switching by revenue in Q1: IDC
• Positive Sentiment: Analysts and market commentary continued to point to NVIDIA as a leading AI beneficiary versus weaker chip names, with several pieces framing it as a core alternative in the ongoing semiconductor rally. Analyst Warns Intel Valuation ‘Doesn’t Make Sense.’ Suggests NVIDIA, AMD, Micron, and Broadcom as Alternatives.
• Neutral Sentiment: Several articles noted that AI spending is broadening to suppliers, cloud providers, and custom-chip rivals, suggesting NVIDIA’s dominance is being challenged but not yet displaced. Google Is Using Nvidia’s Playbook to Build a Rival AI Chip Business
• Negative Sentiment: There were also warning signs for investors, including commentary that NVIDIA has slipped since its last earnings report and concerns that heavy AI infrastructure spending, debt financing, and competition from Amazon and Google could pressure long-term margins or growth rates. Nvidia (NVDA) Down 4% Since Last Earnings Report: Can It Rebound?

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.