NVIDIA Corporation $NVDA Shares Sold by B.O.S.S. Retirement Advisors LLC

B.O.S.S. Retirement Advisors LLC reduced its position in NVIDIA Corporation (NASDAQ:NVDA) by 10.5% in the 1st quarter, HoldingsChannel.com reports. The fund owned 34,541 shares of the computer hardware maker’s stock after selling 4,062 shares during the quarter. NVIDIA comprises approximately 1.8% of B.O.S.S. Retirement Advisors LLC’s holdings, making the stock its 11th largest position. B.O.S.S. Retirement Advisors LLC’s holdings in NVIDIA were worth $6,024,000 at the end of the most recent quarter.

Several other hedge funds have also made changes to their positions in NVDA. Raleigh Capital Management Inc. raised its holdings in NVIDIA by 6.9% in the first quarter. Raleigh Capital Management Inc. now owns 38,240 shares of the computer hardware maker’s stock valued at $6,669,000 after acquiring an additional 2,462 shares in the last quarter. Lee Danner & Bass Inc. lifted its position in shares of NVIDIA by 2.7% during the 1st quarter. Lee Danner & Bass Inc. now owns 79,394 shares of the computer hardware maker’s stock worth $13,846,000 after purchasing an additional 2,119 shares during the last quarter. Astoria Portfolio Advisors LLC. grew its stake in shares of NVIDIA by 0.3% during the first quarter. Astoria Portfolio Advisors LLC. now owns 88,787 shares of the computer hardware maker’s stock worth $15,484,000 after purchasing an additional 235 shares in the last quarter. Pennsylvania Capital Management Inc. ADV grew its stake in shares of NVIDIA by 0.4% during the first quarter. Pennsylvania Capital Management Inc. ADV now owns 79,947 shares of the computer hardware maker’s stock worth $13,943,000 after purchasing an additional 283 shares in the last quarter. Finally, HBE Wealth Management LLC increased its holdings in NVIDIA by 13.1% in the first quarter. HBE Wealth Management LLC now owns 4,528 shares of the computer hardware maker’s stock valued at $790,000 after buying an additional 526 shares during the last quarter. Institutional investors and hedge funds own 65.27% of the company’s stock.

NVIDIA News Roundup

Here are the key news stories impacting NVIDIA this week:

• Positive Sentiment: KeyBanc raised its price target on NVIDIA to $330 from $310 and kept an Overweight rating, reinforcing the bullish view that earnings and AI demand remain strong. What Is Going on With NVIDIA Stock on Tuesday?
• Positive Sentiment: Wall Street commentary continues to highlight NVIDIA as a core beneficiary of the AI buildout, with analysts pointing to expanding partnerships, data center demand, and strong long-term growth prospects. NVIDIA’s AI Partnerships Expand: Can This Keep NVDA Ahead of Rivals?
• Positive Sentiment: Reports that China may allow a limited number of top AI firms to buy NVIDIA H200 chips suggest a possible, though still constrained, reopening of a key market. US official says shipments of H200 chips to China have begun
• Positive Sentiment: Broader market tone also helped, as chipmakers led the Nasdaq higher and investors favored hardware names over software stocks. S&P 500, Nasdaq End Higher On Support From Chipmakers, Cybersecurity Stocks And Soft Inflation Data — NVDA, GS, SKHY, VZ, LCID In Focus
• Neutral Sentiment: Several articles frame NVIDIA as still the dominant AI chip leader, but note that expectations are already very high and that the stock may need continued execution to justify further upside. Nvidia’s China Comeback Finally Begins — But Here’s Why Investors Should Keep Expectations in Check
• Neutral Sentiment: At the same time, there are reminders that the China recovery is still limited and that supply, regulation, and competition could keep the upside from being linear. U.S. trade official says ‘very few’ Nvidia H200 AI chips have been shipped to China
• Negative Sentiment: Recent coverage also points to ongoing risks from U.S.-China trade controls and tighter compliance rules, which could limit how much NVIDIA benefits from China in the near term. Nvidia halves Asia buyer list in China chip crackdown, FT reports

Insiders Place Their Bets

In related news, Director John Dabiri sold 625 shares of NVIDIA stock in a transaction that occurred on Wednesday, May 27th. The stock was sold at an average price of $214.00, for a total value of $133,750.00. Following the sale, the director directly owned 14,163 shares in the company, valued at $3,030,882. The trade was a 4.23% decrease in their ownership of the stock. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is available through this link. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Also, Director Stephen C. Neal sold 15,500 shares of the business’s 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 in the company, valued at approximately $25,053,803.55. This represents a 11.77% decrease in their position. The SEC filing for this sale provides additional information. In the last 90 days, insiders have sold 1,901,125 shares of company stock worth $410,583,015. Company insiders own 3.94% of the company’s stock.

NVIDIA Stock Up 4.1%

NVDA opened at $211.80 on Wednesday. The company has a market cap of $5.13 trillion, a PE ratio of 32.43, a P/E/G ratio of 0.45 and a beta of 2.21. The business has a 50 day moving average price of $209.87 and a two-hundred day moving average price of $194.76. 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 Corporation has a 52 week low of $164.07 and a 52 week high of $236.54.

NVIDIA (NASDAQ:NVDA) last issued its quarterly earnings results on Wednesday, May 20th. The computer hardware maker reported $1.87 earnings per share (EPS) for the quarter, topping analysts’ consensus estimates of $1.76 by $0.11. The business had revenue of $81.61 billion for the quarter, compared to analyst estimates of $78.42 billion. NVIDIA had a net margin of 62.97% and a return on equity of 96.94%. The business’s revenue was up 85.2% compared to the same quarter last year. During the same period in the previous year, the business posted $0.81 earnings per share. As a group, research analysts anticipate that NVIDIA Corporation will post 8.8 EPS for the current year.

NVIDIA announced that its board has initiated a share buyback plan on Wednesday, May 20th that authorizes the company to buyback $80.00 billion in shares. This buyback authorization authorizes the computer hardware maker to repurchase up to 1.5% of its stock through open market purchases. Stock buyback plans are generally an indication that the company’s management believes its shares are undervalued.

NVIDIA Increases Dividend

The firm also recently disclosed a quarterly dividend, which was paid on Friday, June 26th. Shareholders of record on Thursday, June 4th were issued a $0.25 dividend. The ex-dividend date of this dividend was Thursday, June 4th. 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. NVIDIA’s dividend payout ratio is presently 15.31%.

Wall Street Analysts Forecast Growth

A number of brokerages have issued reports on NVDA. Seaport Research Partners lifted their price target on NVIDIA from $140.00 to $180.00 and gave the stock a “sell” rating in a report on Thursday, May 21st. Craig Hallum increased their price objective on NVIDIA from $245.00 to $275.00 and gave the company a “buy” rating in a report on Thursday, May 21st. Barclays reiterated an “overweight” rating on shares of NVIDIA in a report on Thursday, May 21st. Rothschild & Co Redburn boosted their target price on NVIDIA from $280.00 to $300.00 and gave the stock a “buy” rating in a research note on Tuesday, May 26th. Finally, Bank of America reaffirmed a “buy” rating and issued a $350.00 price target (up from $320.00) on shares of NVIDIA in a report on Thursday, May 21st. Two equities research analysts have rated the stock with a Strong Buy rating, forty-eight have assigned a Buy rating and three have given a Hold rating to the company. According to MarketBeat, the company presently has a consensus rating of “Moderate Buy” and an average target price of $304.26.

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.