Family Manage LLC Has $28.98 Million Stake in NVIDIA Corporation $NVDA

Family Manage LLC lessened its stake in shares of NVIDIA Corporation (NASDAQ:NVDA) by 5.8% during the 1st quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The fund owned 166,165 shares of the computer hardware maker’s stock after selling 10,197 shares during the period. NVIDIA accounts for 3.5% of Family Manage LLC’s portfolio, making the stock its 7th largest holding. Family Manage LLC’s holdings in NVIDIA were worth $28,979,000 as of its most recent filing with the Securities & Exchange Commission.

Other institutional investors also recently modified their holdings of the company. Lifetime Wealth Management P.C. bought a new position in NVIDIA in the 4th quarter worth $26,000. Longview Financial Advisors Inc. bought a new stake in NVIDIA during 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. Phillip James Consulting Co. bought a new position in shares of NVIDIA in the first quarter worth about $40,000. Finally, Inspire Investing LLC bought a new position in shares of NVIDIA in the fourth quarter worth about $44,000. Institutional investors own 65.27% of the company’s stock.

Insider Activity

In other NVIDIA 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 transaction of $133,750.00. Following the sale, the director directly owned 14,163 shares of the company’s stock, valued at approximately $3,030,882. The trade was a 4.23% decrease in their ownership of the stock. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which can be accessed 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 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 value of $3,343,815.00. Following the completion of the sale, the director owned 116,135 shares in the company, valued at approximately $25,053,803.55. This represents a 11.77% decrease in their ownership of the stock. Additional details regarding this sale are available in the official SEC disclosure. In the last three months, insiders have sold 1,901,125 shares of company stock worth $410,583,015. Corporate insiders own 3.94% of the company’s stock.

Wall Street Analyst Weigh In

Several brokerages recently weighed in on NVDA. Weiss Ratings restated a “buy (b)” rating on shares of NVIDIA in a research note on Wednesday, July 8th. JPMorgan Chase & Co. lifted their price target on NVIDIA from $265.00 to $280.00 and gave the stock an “overweight” rating in a research report on Thursday, May 21st. Deutsche Bank Aktiengesellschaft reiterated 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. Craig Hallum raised their price objective on shares of NVIDIA from $245.00 to $275.00 and gave the stock a “buy” rating in a research note on Thursday, May 21st. Finally, Wells Fargo & Company reiterated an “overweight” rating and set a $315.00 target price (up from $265.00) on shares of NVIDIA in a research note on Tuesday, May 12th. Three investment analysts have rated the stock with a Strong Buy rating, forty-eight have issued a Buy rating and two have assigned a Hold rating to the company’s stock. According to data from MarketBeat, the company currently has a consensus rating of “Buy” and a consensus price target of $304.26.

Key NVIDIA News

Here are the key news stories impacting NVIDIA this week:

• Positive Sentiment: SpaceX endorsement strengthens demand outlook: Elon Musk said SpaceX will build its AI infrastructure exclusively with NVIDIA chips, including Vera Rubin systems. The announcement supports expectations for substantial incremental GPU demand and contributed to NVIDIA’s recent rally. Nvidia Stock Is on the Rise After SpaceX Announcement
• Positive Sentiment: AI infrastructure demand remains robust: AZIO AI outlined a potential purchase of up to 128 NVIDIA HGX B300 systems valued at approximately $77 million, while Zayo announced plans to expand network capacity for NVIDIA-powered AI factories. These announcements reinforce demand for NVIDIA’s next-generation systems and surrounding infrastructure. AZIO AI Secures Sales Pipeline Zayo Teams with NVIDIA
• Positive Sentiment: Growth expectations remain elevated: Analysts and bullish commentary point to custom CPU expansion, networking, software and enterprise AI as potential long-term growth drivers beyond GPUs. NVIDIA’s August 26 earnings report is viewed as the next major catalyst, with several analysts maintaining buy ratings and price targets well above the current level. NVIDIA’s Custom CPU Expansion
• Neutral Sentiment: Short-term momentum is being debated: After the sharp rally, some traders are pausing because immediate catalysts may be limited before earnings, although analysts continue to cite strong hyperscaler spending and AI demand. NVIDIA Stock Slips After Five-Day Rally
• Negative Sentiment: Semiconductor and supply-chain risks are resurfacing: SanDisk’s weaker outlook pressured AI and memory shares, while reports that NVIDIA may reduce memory in future Rubin Ultra designs highlight high-bandwidth-memory bottlenecks. Proposed restrictions on Chinese AI components could also raise costs and complicate deployment.
• Negative Sentiment: Profit-taking and insider selling add caution: NVIDIA insiders have reported sales but no open-market purchases during the past six months. Michael Burry’s warning that AI stocks could become “future ghost towns” is also reinforcing concerns about elevated expectations, despite remaining a minority view.

NVIDIA Stock Performance

NVDA opened at $218.78 on Friday. The stock’s 50 day simple moving average is $205.40 and its 200-day simple moving average is $197.00. 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 market cap of $5.29 trillion, a PE ratio of 33.50, a P/E/G ratio of 0.43 and a beta of 2.23. NVIDIA Corporation has a 1 year low of $164.07 and a 1 year high of $236.54.

NVIDIA (NASDAQ:NVDA) last posted its quarterly 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 firm had revenue of $81.61 billion for 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%. The business’s revenue was up 85.2% compared to the same quarter last year. During the same quarter in the previous year, the company earned $0.81 earnings per share. Sell-side analysts forecast that NVIDIA Corporation will post 8.79 EPS for the current year.

NVIDIA announced that its Board of Directors has initiated 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 buy up to 1.5% of its stock through open market purchases. Stock buyback programs are generally a sign that the company’s leadership believes its stock is undervalued.

NVIDIA Increases Dividend

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

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.