Ascentis Independent Advisors Has $72.07 Million Stock Position in NVIDIA Corporation $NVDA

Ascentis Independent Advisors lifted its position in shares of NVIDIA Corporation (NASDAQ:NVDA) by 97.9% during the first quarter, Holdings Channel.com reports. The firm owned 413,245 shares of the computer hardware maker’s stock after purchasing an additional 204,407 shares during the period. NVIDIA accounts for 5.5% of Ascentis Independent Advisors’ holdings, making the stock its biggest position. Ascentis Independent Advisors’ holdings in NVIDIA were worth $72,070,000 at the end of the most recent reporting period.

A number of other large investors also recently modified their holdings of NVDA. Lifetime Wealth Management P.C. bought a new position in NVIDIA in the 4th quarter valued at about $26,000. Longview Financial Advisors Inc. bought a new stake in NVIDIA during the 1st quarter worth approximately $27,000. Longfellow Investment Management Co. LLC boosted its position in shares of NVIDIA by 47.9% during the second quarter. Longfellow Investment Management Co. LLC now owns 207 shares of the computer hardware maker’s stock valued at $33,000 after buying an additional 67 shares during the last quarter. Spurstone Advisory Services LLC bought a new stake in NVIDIA during the second quarter worth $40,000. Finally, Inspire Investing LLC bought a new stake in NVIDIA during the fourth quarter worth $44,000. 65.27% of the stock is currently owned by institutional investors.

Key Headlines Impacting NVIDIA

Here are the key news stories impacting NVIDIA this week:

• Positive Sentiment: NVIDIA announced that major Japanese institutions and companies, including Institution of Science Tokyo, SoftBank’s SB Intuitions, Hitachi, ENEOS, NTT DATA, avatarin and Sakana AI, are adopting Nemotron open models to build localized Japanese-language AI applications. The news highlights expanding real-world demand for NVIDIA’s software stack and strengthens its position in Japan’s national AI ecosystem. Article Title
• Positive Sentiment: Jensen Huang said Vera Rubin is already in production and pushed back against reports of delays, easing investor concern about NVIDIA’s next-generation AI accelerator roadmap. Article Title
• Positive Sentiment: Wall Street remains constructive, with KeyBanc raising its price target and other analysts pointing to continued upside driven by AI demand, data-center networking, and NVIDIA’s broader platform expansion. Article Title
• Neutral Sentiment: Several articles emphasized NVIDIA’s strong momentum and valuation case, but they were largely commentary pieces rather than new company-specific developments. Article Title
• Negative Sentiment: Ongoing U.S.-China export scrutiny continues to hang over the stock, with officials saying only a very small number of approved H200 chips have shipped to China. Even though China access could add upside, the limited near-term volume keeps the issue a source of uncertainty. Article Title
• Negative Sentiment: Reports of unusual put options activity and continued discussion of NVIDIA as a crowded trade suggest some investors are still hedging or questioning how much upside is already priced in. Article Title

NVIDIA Trading Up 0.3%

Shares of NVIDIA stock opened at $212.50 on Thursday. 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 stock has a market capitalization of $5.14 trillion, a P/E ratio of 32.54, a P/E/G ratio of 0.47 and a beta of 2.21. NVIDIA Corporation has a 52-week low of $164.07 and a 52-week high of $236.54. The stock’s 50-day simple moving average is $209.96 and its 200 day simple moving average is $194.93.

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

NVIDIA Increases Dividend

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

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

Wall Street Analysts Forecast Growth

Several research analysts recently weighed in on the stock. Royal Bank Of Canada set a $280.00 price target on shares of NVIDIA in a report on Thursday, May 21st. Tigress Financial restated a “strong-buy” rating and issued a $425.00 target price (up from $360.00) on shares of NVIDIA in a research note on Wednesday, May 27th. Benchmark reissued a “buy” rating and issued a $335.00 price objective (up from $250.00) on shares of NVIDIA in a research report on Thursday, May 21st. Citic Securities upped their price objective on NVIDIA from $242.00 to $315.00 and gave the company a “buy” rating in a research note on Friday, May 22nd. Finally, Zacks Research lowered shares of NVIDIA from a “strong-buy” rating to a “hold” rating in a research report on Thursday, May 21st. Two analysts have rated the stock with a Strong Buy rating, forty-eight have given a Buy rating and three have issued a Hold rating to the company. Based on data from MarketBeat.com, the company currently has a consensus rating of “Moderate Buy” and a consensus price target of $304.26.

Insiders Place Their Bets

In other NVIDIA news, Director John Dabiri sold 625 shares of the stock in a transaction that occurred on Wednesday, May 27th. The shares were 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. This represents a 4.23% decrease in their position. The transaction was disclosed in a document filed with the SEC, which is available through this hyperlink. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Also, Director Mark A. Stevens sold 885,000 shares of NVIDIA 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 sale, the director directly owned 5,207,271 shares of the company’s stock, valued at $1,094,412,146.07. This represents a 14.53% decrease in their position. The disclosure for this sale is available in the SEC filing. Insiders sold a total of 1,901,125 shares of company stock worth $410,583,015 in the last quarter. 3.94% of the stock is owned by company insiders.

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.