NVIDIA Corporation $NVDA Shares Acquired by Jessup Wealth Management Inc

Jessup Wealth Management Inc raised its holdings in NVIDIA Corporation (NASDAQ:NVDA) by 8.1% during the 1st quarter, Holdings Channel.com reports. The institutional investor owned 135,969 shares of the computer hardware maker’s stock after acquiring an additional 10,244 shares during the quarter. NVIDIA accounts for 8.7% of Jessup Wealth Management Inc’s investment portfolio, making the stock its 2nd biggest holding. Jessup Wealth Management Inc’s holdings in NVIDIA were worth $23,713,000 as of its most recent filing with the SEC.

Several other large investors also recently modified their holdings of the stock. ABS Direct Equity Fund LLC bought a new stake in shares of NVIDIA in the 1st quarter valued at $349,000. Sculptor Capital LP boosted its stake in NVIDIA by 111.5% during the first quarter. Sculptor Capital LP now owns 734,000 shares of the computer hardware maker’s stock worth $128,010,000 after acquiring an additional 387,000 shares in the last quarter. Gateway Wealth Partners LLC grew its holdings in NVIDIA by 210.2% in the first quarter. Gateway Wealth Partners LLC now owns 219,824 shares of the computer hardware maker’s stock worth $38,337,000 after purchasing an additional 148,964 shares during the period. Troluce Capital Advisors LLC acquired a new stake in NVIDIA in the first quarter worth $13,080,000. Finally, Turim 21 Investimentos Ltda. increased its stake in NVIDIA by 144.3% in the first quarter. Turim 21 Investimentos Ltda. now owns 1,268 shares of the computer hardware maker’s stock valued at $221,000 after purchasing an additional 749 shares in the last quarter. Institutional investors and hedge funds own 65.27% of the company’s stock.

Insider Buying and Selling at NVIDIA

In other news, Director Stephen C. Neal sold 15,500 shares of the business’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 sale, the director owned 116,135 shares of the company’s stock, valued at $25,053,803.55. The trade was a 11.77% decrease in their ownership of the stock. The transaction was disclosed in a document filed with the SEC, which is available at the SEC website. Also, Director Mark A. Stevens sold 885,000 shares of the company’s stock in a transaction that occurred on Thursday, June 18th. The shares were sold at an average price of $210.17, for a total transaction of $186,000,450.00. Following the sale, the director owned 5,207,271 shares in the company, valued at $1,094,412,146.07. The trade was a 14.53% decrease in their ownership of the stock. The SEC filing for this sale provides additional information. Insiders have sold a total of 1,901,125 shares of company stock valued at $410,583,015 over the last three months. 3.94% of the stock is currently owned by insiders.

Key Headlines Impacting NVIDIA

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 Price Performance

Shares of NASDAQ NVDA opened at $218.78 on Friday. 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 fifty day simple moving average of $205.40 and a two-hundred day simple moving average of $197.00. NVIDIA Corporation has a 1-year low of $164.07 and a 1-year high of $236.54. The firm has a market cap of $5.29 trillion, a price-to-earnings ratio of 33.50, a price-to-earnings-growth ratio of 0.43 and a beta of 2.23.

NVIDIA (NASDAQ:NVDA) last issued its quarterly earnings results 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 firm had revenue of $81.61 billion for the quarter, compared to analysts’ expectations 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% compared to the same quarter last year. During the same quarter in the prior year, the firm earned $0.81 EPS. Analysts anticipate that NVIDIA Corporation will post 8.79 earnings per share for the current year.

NVIDIA declared that its board has approved a share buyback program on Wednesday, May 20th that authorizes the company to repurchase $80.00 billion in shares. This repurchase authorization authorizes the computer hardware maker to repurchase up to 1.5% of its shares through open market purchases. Shares repurchase programs are usually a sign that the company’s board of directors 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 dividend of $0.25 per share. This represents a $1.00 annualized dividend and a yield of 0.5%. This is a boost from NVIDIA’s previous quarterly dividend of $0.01. The ex-dividend date of this dividend was Thursday, June 4th. NVIDIA’s payout ratio is currently 15.31%.

Wall Street Analysts Forecast Growth

NVDA has been the subject of several research reports. Argus raised their target price on NVIDIA from $220.00 to $270.00 and gave the company a “buy” rating in a research note on Thursday, May 21st. BNP Paribas Exane increased their target price on NVIDIA from $270.00 to $285.00 and gave the stock an “outperform” rating in a report on Thursday, May 21st. Jefferies Financial Group reaffirmed a “buy” rating and issued a $300.00 price target (up from $275.00) on shares of NVIDIA in a research report on Thursday, May 21st. BTIG Research started coverage on shares of NVIDIA in a report on Wednesday, April 15th. They set a “buy” rating on the stock. Finally, Stifel Nicolaus set a $282.00 target price on NVIDIA and gave the stock a “buy” rating in a research note on Thursday, May 21st. Three investment analysts have rated the stock with a Strong Buy rating, forty-eight have given a Buy rating and two have given a Hold rating to the stock. According to data from MarketBeat, the stock currently has an average rating of “Buy” and an average price target 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.