Brighton Jones LLC Purchases 147,477 Shares of NVIDIA Corporation $NVDA

Brighton Jones LLC increased its position in shares of NVIDIA Corporation (NASDAQ:NVDA) by 27.1% in the 1st quarter, HoldingsChannel.com reports. The firm owned 691,406 shares of the computer hardware maker’s stock after acquiring an additional 147,477 shares during the period. NVIDIA accounts for 5.1% of Brighton Jones LLC’s holdings, making the stock its 4th biggest position. Brighton Jones LLC’s holdings in NVIDIA were worth $120,582,000 at the end of the most recent quarter.

A number of other institutional investors also recently bought and sold shares of NVDA. Lifetime Wealth Management P.C. purchased a new position in NVIDIA during the 4th quarter valued at about $26,000. Longview Financial Advisors Inc. purchased a new stake in shares of NVIDIA in the first quarter valued at about $27,000. Longfellow Investment Management Co. LLC grew its position in shares of NVIDIA by 47.9% in the second quarter. Longfellow Investment Management Co. LLC now owns 207 shares of the computer hardware maker’s stock valued at $33,000 after purchasing an additional 67 shares during the last quarter. Spurstone Advisory Services LLC acquired a new stake in shares of NVIDIA in the second quarter valued at approximately $40,000. Finally, Inspire Investing LLC purchased a new position in shares of NVIDIA during the 4th quarter worth approximately $44,000. 65.27% of the stock is currently owned by hedge funds and other institutional investors.

NVIDIA Trading Up 4.1%

Shares of NVIDIA stock opened at $211.80 on Wednesday. NVIDIA Corporation has a fifty-two week low of $164.07 and a fifty-two week high of $236.54. The business’s fifty day moving average is $209.87 and its two-hundred day moving average is $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. The firm 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.

NVIDIA (NASDAQ:NVDA) last announced its quarterly earnings data on Wednesday, May 20th. The computer hardware maker reported $1.87 EPS for the quarter, beating 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 return on equity of 96.94% and a net margin of 62.97%.The business’s revenue for the quarter was up 85.2% on a year-over-year basis. During the same quarter in the previous year, the business earned $0.81 earnings per share. Analysts anticipate that NVIDIA Corporation will post 8.8 earnings per share for the current year.

NVIDIA Increases Dividend

The business also recently disclosed a quarterly dividend, which was paid on Friday, June 26th. Stockholders of record on Thursday, June 4th were paid a dividend of $0.25 per share. The ex-dividend date of this dividend was Thursday, June 4th. This represents a $1.00 dividend on an annualized basis and a dividend yield of 0.5%. This is an increase from NVIDIA’s previous quarterly dividend of $0.01. NVIDIA’s dividend payout ratio is currently 15.31%.

NVIDIA announced that its board has approved a share 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 stock through open market purchases. Stock buyback programs are generally an indication that the company’s leadership believes its stock is undervalued.

Analyst Upgrades and Downgrades

A number of equities research analysts recently issued reports on NVDA shares. Royal Bank Of Canada set a $280.00 target price on NVIDIA in a research note on Thursday, May 21st. Weiss Ratings reissued a “buy (b)” rating on shares of NVIDIA in a research report on Wednesday, July 8th. Deutsche Bank Aktiengesellschaft reissued a “hold” rating and issued a $255.00 price target (up from $220.00) on shares of NVIDIA in a report on Thursday, May 21st. JPMorgan Chase & Co. upped their price objective on NVIDIA from $265.00 to $280.00 and gave the company an “overweight” rating in a research report on Thursday, May 21st. Finally, Zacks Research lowered NVIDIA from a “strong-buy” rating to a “hold” rating in a research note 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, NVIDIA currently has a consensus rating of “Moderate Buy” and an average price target of $304.26.

NVIDIA News Summary

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

Insider Transactions at NVIDIA

In related news, Director Stephen C. Neal sold 15,500 shares of the company’s stock in a transaction that occurred on Wednesday, June 3rd. The shares were sold at an average price of $215.73, for a total transaction of $3,343,815.00. Following the completion of the transaction, the director owned 116,135 shares of the company’s stock, valued at approximately $25,053,803.55. This represents a 11.77% decrease in their ownership of the stock. The sale was disclosed in a document filed with the SEC, which is accessible through this hyperlink. Also, Director Mark A. Stevens sold 885,000 shares of the stock in a transaction that occurred on Thursday, June 18th. The stock was sold at an average price of $210.17, for a total transaction of $186,000,450.00. Following the transaction, the director directly owned 5,207,271 shares in the company, valued at approximately $1,094,412,146.07. This represents a 14.53% decrease in their position. The SEC filing for this sale provides additional information. Insiders have sold a total of 1,901,125 shares of company stock worth $410,583,015 in the last three months. Company insiders own 3.94% of the company’s stock.

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.