Clark Asset Management LLC Has $8 Million Holdings in NVIDIA Corporation $NVDA

Clark Asset Management LLC grew its position in NVIDIA Corporation (NASDAQ:NVDA) by 76.1% in the first quarter, HoldingsChannel.com reports. The fund owned 45,849 shares of the computer hardware maker’s stock after buying an additional 19,820 shares during the period. NVIDIA comprises about 0.8% of Clark Asset Management LLC’s portfolio, making the stock its 24th biggest holding. Clark Asset Management LLC’s holdings in NVIDIA were worth $7,996,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

A number of other hedge funds also recently made changes to their positions in NVDA. FARMERS & MERCHANTS TRUST Co OF LONG BEACH boosted its stake in shares of NVIDIA by 5.6% in the first quarter. FARMERS & MERCHANTS TRUST Co OF LONG BEACH now owns 54,145 shares of the computer hardware maker’s stock valued at $9,443,000 after buying an additional 2,890 shares during the period. Sterling Investment Counsel LLC lifted its position in shares of NVIDIA by 3.6% during the 1st quarter. Sterling Investment Counsel LLC now owns 46,091 shares of the computer hardware maker’s stock worth $8,038,000 after buying an additional 1,606 shares during the last quarter. Maestria Partners LLC acquired a new stake in NVIDIA in the first quarter valued at about $13,952,000. Everstar Asset Management LLC grew its position in NVIDIA by 1.6% in the first quarter. Everstar Asset Management LLC now owns 6,564 shares of the computer hardware maker’s stock valued at $1,145,000 after acquiring an additional 102 shares during the last quarter. Finally, First Merchants Corp raised its stake in NVIDIA by 1.1% during the first quarter. First Merchants Corp now owns 169,607 shares of the computer hardware maker’s stock worth $29,579,000 after acquiring an additional 1,835 shares in the last quarter. 65.27% of the stock is owned by institutional investors and hedge funds.

Insider Buying and Selling

In other NVIDIA news, Director Mark A. Stevens sold 885,000 shares of the firm’s stock in a transaction on 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 sale, the director directly owned 5,207,271 shares in the company, valued at approximately $1,094,412,146.07. This trade represents a 14.53% decrease in their ownership of the stock. The transaction was disclosed in a document filed with the SEC, which can be accessed through this hyperlink. Also, Director John Dabiri sold 625 shares of the stock in a transaction dated Wednesday, May 27th. The stock was sold at an average price of $214.00, for a total transaction of $133,750.00. Following the transaction, the director directly owned 14,163 shares in the company, valued at $3,030,882. This trade represents a 4.23% decrease in their position. The SEC filing for this sale provides additional information. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Insiders sold 1,901,125 shares of company stock valued at $410,583,015 over the last 90 days. Company insiders own 3.94% of the company’s stock.

Key Stories Impacting NVIDIA

Here are the key news stories impacting NVIDIA this week:

• Positive Sentiment: Several analysts and commentators still argue that NVIDIA’s growth story remains intact, citing strong demand for Blackwell chips, continuing hyperscaler spending, and the company’s entrenched CUDA software moat. Why Cerebras’ Mind-Boggling LLM Raw Speed Is Still Falling Into Nvidia’s Massive Software Trap
• Positive Sentiment: NVIDIA also benefited from coverage pointing to expanding AI infrastructure demand and new use cases, including AWS partnerships and data-center networking growth, which reinforce the company’s long-term AI leadership. NVIDIA (NVDA), AWS (AMZN) Partner to Boost Production-Scale AI with Blackwell-Powered Instances
• Neutral Sentiment: Optimistic pieces also highlighted NVIDIA’s valuation and long-term upside, arguing the stock may still have room to run if AI spending stays strong. How Much Upside Can NVDA Stock’s Growth Deliver?
• Negative Sentiment: The main drag is a broad AI and semiconductor pullback, with reports saying the Nasdaq sold off sharply and NVIDIA fell alongside Micron and SanDisk as investors backed away from crowded tech trades. Stock Market Today: Small Caps Edge Lower As Dow Goes Flat; Heavy Construction Play Surges (Live Coverage)
• Negative Sentiment: There is also growing concern that competition is intensifying, with rivals and customers exploring custom chips and alternative AI hardware, which could pressure NVIDIA’s pricing power over time. Why everyone from OpenAI to SpaceX is building their own chips (and turning up the heat on Nvidia)

NVIDIA Stock Down 1.6%

NVIDIA stock opened at $192.53 on Friday. The firm has a market cap of $4.66 trillion, a price-to-earnings ratio of 29.48, a PEG ratio of 0.44 and a beta of 2.22. NVIDIA Corporation has a 52-week low of $151.49 and a 52-week high of $236.54. The company has a debt-to-equity ratio of 0.04, a quick ratio of 2.85 and a current ratio of 3.44. The firm has a 50 day moving average price of $210.66 and a two-hundred day moving average price of $193.00.

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, topping analysts’ consensus estimates of $1.76 by $0.11. The business had revenue of $81.61 billion during the quarter, compared to the consensus estimate of $78.42 billion. NVIDIA had a net margin of 62.97% and a return on equity of 96.94%. NVIDIA’s quarterly revenue was up 85.2% on a year-over-year basis. During the same quarter last year, the firm earned $0.81 earnings per share. Equities analysts predict that NVIDIA Corporation will post 8.69 EPS for the current year.

NVIDIA declared that its Board of Directors has authorized a share repurchase program on Wednesday, May 20th that permits the company to buyback $80.00 billion in outstanding 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 a sign that the company’s leadership believes its shares are undervalued.

NVIDIA Increases Dividend

The firm also recently announced a quarterly dividend, which was paid on Friday, June 26th. Investors of record on Thursday, June 4th were given a dividend of $0.25 per share. This represents a $1.00 annualized dividend and a dividend yield of 0.5%. The ex-dividend date was Thursday, June 4th. This is a positive change from NVIDIA’s previous quarterly dividend of $0.01. NVIDIA’s dividend payout ratio is currently 15.31%.

Wall Street Analyst Weigh In

A number of equities research analysts have recently weighed in on NVDA shares. TD Cowen restated a “buy” rating and issued a $275.00 price target (up from $235.00) on shares of NVIDIA in a research note on Friday, May 15th. Mizuho set a $300.00 price objective on shares of NVIDIA in a research report on Thursday, May 21st. Benchmark reaffirmed a “buy” rating and set a $335.00 target price (up from $250.00) on shares of NVIDIA in a research note on Thursday, May 21st. William Blair reiterated an “outperform” rating on shares of NVIDIA in a research note on Tuesday, June 2nd. Finally, Barclays reissued an “overweight” rating on shares of NVIDIA in a report on Thursday, May 21st. Three 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. Based on data from MarketBeat, the stock has a consensus rating of “Buy” and a consensus price target of $303.84.

NVIDIA 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.