25 LLC Grows Stock Holdings in NVIDIA Corporation (NASDAQ:NVDA)

25 LLC boosted its holdings in shares of NVIDIA Corporation (NASDAQ:NVDA) by 9.2% during the first quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The institutional investor owned 8,304 shares of the computer hardware maker’s stock after purchasing an additional 703 shares during the quarter. NVIDIA comprises about 0.4% of 25 LLC’s investment portfolio, making the stock its 24th largest position. 25 LLC’s holdings in NVIDIA were worth $900,000 at the end of the most recent quarter.

A number of other hedge funds also recently bought and sold shares of the business. Capital Investment Advisors LLC increased its position in NVIDIA by 8.3% during the first quarter. Capital Investment Advisors LLC now owns 401,792 shares of the computer hardware maker’s stock valued at $43,546,000 after acquiring an additional 30,650 shares during the last quarter. PFW Advisors LLC increased its position in NVIDIA by 1.7% during the first quarter. PFW Advisors LLC now owns 25,406 shares of the computer hardware maker’s stock valued at $2,754,000 after acquiring an additional 428 shares during the last quarter. Lloyd Advisory Services LLC. increased its position in NVIDIA by 23.3% during the first quarter. Lloyd Advisory Services LLC. now owns 16,986 shares of the computer hardware maker’s stock valued at $1,841,000 after acquiring an additional 3,209 shares during the last quarter. Meridian Financial Partners LLC increased its position in NVIDIA by 1.8% during the first quarter. Meridian Financial Partners LLC now owns 24,097 shares of the computer hardware maker’s stock valued at $2,612,000 after acquiring an additional 423 shares during the last quarter. Finally, Bennett Selby Investments LP increased its position in NVIDIA by 37.8% during the first quarter. Bennett Selby Investments LP now owns 32,255 shares of the computer hardware maker’s stock valued at $3,496,000 after acquiring an additional 8,850 shares during the last quarter. Hedge funds and other institutional investors own 65.27% of the company’s stock.

Insider Transactions at NVIDIA

In related news, Director Mark A. Stevens sold 190,000 shares of NVIDIA stock in a transaction on Monday, June 9th. The shares were sold at an average price of $142.51, for a total value of $27,076,900.00. Following the sale, the director now owns 8,855,848 shares of the company’s stock, valued at approximately $1,262,046,898.48. This trade represents a 2.10% decrease in their position. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which can be accessed through the SEC website. Also, Director Robert K. Burgess sold 50,000 shares of NVIDIA stock in a transaction on Friday, May 30th. The shares were sold at an average price of $134.82, for a total transaction of $6,741,000.00. Following the completion of the sale, the director now directly owns 201,044 shares in the company, valued at $27,104,752.08. This represents a 19.92% decrease in their position. The disclosure for this sale can be found here. Insiders have sold 2,469,685 shares of company stock valued at $349,669,962 in the last 90 days. 4.17% of the stock is currently owned by company insiders.

NVIDIA Price Performance

Shares of NASDAQ NVDA opened at $143.83 on Friday. The stock has a market capitalization of $3.51 trillion, a price-to-earnings ratio of 46.40, a PEG ratio of 1.27 and a beta of 2.12. NVIDIA Corporation has a 12 month low of $86.62 and a 12 month high of $153.13. The firm’s 50 day simple moving average is $126.37 and its 200-day simple moving average is $126.56. The company has a debt-to-equity ratio of 0.10, a current ratio of 3.39 and a quick ratio of 2.96.

NVIDIA (NASDAQ:NVDA) last issued its quarterly earnings data on Wednesday, May 28th. The computer hardware maker reported $0.81 EPS for the quarter, missing analysts’ consensus estimates of $0.87 by ($0.06). The firm had revenue of $44.06 billion for the quarter, compared to analyst estimates of $43.09 billion. NVIDIA had a return on equity of 105.09% and a net margin of 51.69%. NVIDIA’s revenue for the quarter was up 69.2% compared to the same quarter last year. During the same period in the previous year, the business earned $0.61 EPS. Analysts expect that NVIDIA Corporation will post 2.77 EPS for the current year.

NVIDIA Announces Dividend

The company also recently disclosed a quarterly dividend, which will be paid on Thursday, July 3rd. Stockholders of record on Wednesday, June 11th will be paid a dividend of $0.01 per share. The ex-dividend date of this dividend is Wednesday, June 11th. This represents a $0.04 dividend on an annualized basis and a dividend yield of 0.03%. NVIDIA’s payout ratio is 1.29%.

Wall Street Analyst Weigh In

A number of research analysts have weighed in on NVDA shares. Summit Insights upgraded shares of NVIDIA from a “hold” rating to a “buy” rating in a research report on Thursday, May 29th. Cantor Fitzgerald restated an “overweight” rating and issued a $200.00 price target on shares of NVIDIA in a report on Wednesday, April 16th. William Blair restated an “outperform” rating on shares of NVIDIA in a report on Thursday, March 20th. DA Davidson upped their price target on shares of NVIDIA from $120.00 to $135.00 and gave the stock a “neutral” rating in a report on Thursday, May 29th. Finally, Benchmark restated a “buy” rating and issued a $190.00 price target on shares of NVIDIA in a report on Thursday, May 29th. One analyst has rated the stock with a sell rating, four have assigned a hold rating, thirty-five have issued a buy rating and three have given a strong buy rating to the company’s stock. Based on data from MarketBeat, the company currently has an average rating of “Moderate Buy” and an average price target of $173.05.

NVIDIA Profile

NVIDIA Corporation provides graphics and compute and networking solutions in the United States, Taiwan, China, Hong Kong, and internationally. The Graphics segment offers GeForce GPUs for gaming and PCs, the GeForce NOW game streaming service and related infrastructure, and solutions for gaming platforms; Quadro/NVIDIA RTX GPUs for enterprise workstation graphics; virtual GPU or vGPU software for cloud-based visual and virtual computing; automotive platforms for infotainment systems; and Omniverse software for building and operating metaverse and 3D internet applications.