Matrix Private Capital Group LLC Buys Shares of 15,271 NVIDIA Corporation $NVDA

Matrix Private Capital Group LLC purchased a new position in shares of NVIDIA Corporation (NASDAQ:NVDA) during the first quarter, HoldingsChannel.com reports. The institutional investor purchased 15,271 shares of the computer hardware maker’s stock, valued at approximately $2,663,000. NVIDIA accounts for 1.3% of Matrix Private Capital Group LLC’s investment portfolio, making the stock its 20th largest position.

A number of other large investors have also made changes to their positions in the stock. Waverly Advisors LLC increased its holdings in shares of NVIDIA by 10.2% in the 1st quarter. Waverly Advisors LLC now owns 1,328,418 shares of the computer hardware maker’s stock valued at $231,676,000 after purchasing an additional 122,657 shares in the last quarter. Asset Management Group Inc. boosted its holdings in NVIDIA by 3.5% during the first quarter. Asset Management Group Inc. now owns 7,585 shares of the computer hardware maker’s stock worth $1,323,000 after buying an additional 260 shares in the last quarter. Van Den Berg Management I Inc. acquired a new position in NVIDIA during the first quarter worth about $272,000. Unisphere Establishment grew its position in NVIDIA by 21.0% during the first quarter. Unisphere Establishment now owns 2,361,800 shares of the computer hardware maker’s stock worth $411,898,000 after buying an additional 410,000 shares during the period. Finally, Entropy Technologies LP purchased a new position in NVIDIA in the first quarter valued at about $6,716,000. Hedge funds and other institutional investors own 65.27% of the company’s stock.

Key Stories Impacting NVIDIA

Here are the key news stories impacting NVIDIA this week:

• Positive Sentiment: SpaceX CEO Elon Musk said the company will build its AI infrastructure exclusively with NVIDIA chips, including the Vera Rubin platform. Musk also discussed ambitious plans for space-based AI computing, prompting investors to anticipate a potentially significant new source of long-term demand. Nvidia Stock Is on the Rise After Elon Musk Says SpaceX Will Exclusively Buy Its Chips
• Positive Sentiment: Analysts and market commentators are raising their long-term forecasts, with one scenario suggesting NVIDIA could approach $1 trillion in annual revenue if SpaceX delivers even part of Musk’s planned computing buildout. These projections reinforce the bullish view that NVIDIA’s opportunity extends beyond traditional data-center GPUs. Analyst Forecasts NVIDIA Revenue Potential From SpaceX Compute Plans
• Positive Sentiment: Investor sentiment was also supported by reports that NVIDIA’s B200 systems remain sold out and that AI chip demand continues to substantially exceed available supply. A separate report highlighted a multiyear Blackwell infrastructure agreement with Corvex, adding to evidence of continuing deployment demand. NVIDIA B200 Systems Are Sold Out
• Positive Sentiment: Before its upcoming earnings release, bullish estimates call for approximately $91.85 billion in quarterly revenue and $2.08 in earnings per share, reflecting nearly 100% year-over-year growth. Recent coverage also points to networking, software, enterprise AI and sovereign AI as increasingly important growth drivers. NVIDIA Stock Ahead of Q2 Earnings
• Neutral Sentiment: Institutional activity included additions of 698,901 shares by DekaBank and 595,887 shares by Allen Investment Management, while analyst price targets remain well above recent trading levels. However, these 13F disclosures reflect holdings as of June 30 and may not represent current positioning.
• Negative Sentiment: Risks remain, including Michael Burry’s bearish NVIDIA position, concerns over potentially expensive circular investments in AI companies, U.S. restrictions affecting China-related supply chains, and competition from AMD, custom accelerators and AI companies developing their own chips. Michael Burry Maintains Bearish NVIDIA View

NVIDIA Stock Up 3.4%

NVDA stock opened at $219.22 on Thursday. The company has a debt-to-equity ratio of 0.04, a current ratio of 3.44 and a quick ratio of 2.85. The company’s 50 day simple moving average is $205.31 and its 200-day simple moving average is $196.77. NVIDIA Corporation has a 12 month low of $164.07 and a 12 month high of $236.54. The firm has a market capitalization of $5.31 trillion, a PE ratio of 33.57, a P/E/G ratio of 0.41 and a beta of 2.23.

NVIDIA (NASDAQ:NVDA) last issued its quarterly earnings data on Wednesday, May 20th. The computer hardware maker reported $1.87 earnings per share (EPS) for the quarter, topping the consensus estimate of $1.76 by $0.11. NVIDIA had a return on equity of 96.94% and a net margin of 62.97%.The firm had revenue of $81.61 billion during the quarter, compared to the consensus estimate of $78.42 billion. During the same period in the previous year, the firm posted $0.81 EPS. The company’s quarterly revenue was up 85.2% compared to the same quarter last year. Equities analysts expect that NVIDIA Corporation will post 8.79 earnings per share for the current fiscal year.

NVIDIA Increases Dividend

The business also recently declared a quarterly dividend, which was paid on Friday, June 26th. Stockholders of record on Thursday, June 4th were issued a $0.25 dividend. This represents a $1.00 dividend on an annualized basis and a dividend yield of 0.5%. This is a positive change 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 presently 15.31%.

NVIDIA announced that its Board of Directors 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 typically an indication that the company’s board of directors believes its stock is undervalued.

Analyst Ratings Changes

A number of equities research analysts have recently issued reports on the stock. Seaport Research Partners lifted their price target on shares of NVIDIA from $140.00 to $180.00 and gave the company a “sell” rating in a research report on Thursday, May 21st. Wall Street Zen cut NVIDIA from a “strong-buy” rating to a “buy” rating in a report on Saturday, July 4th. KeyCorp reaffirmed an “overweight” rating and issued a $330.00 price objective (up from $310.00) on shares of NVIDIA in a research note on Tuesday, July 14th. BNP Paribas Exane lifted their price objective on NVIDIA from $270.00 to $285.00 and gave the stock an “outperform” rating in a report on Thursday, May 21st. Finally, Sanford C. Bernstein reissued a “buy” rating on shares of NVIDIA in a report on Monday, June 29th. Three 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. According to data from MarketBeat.com, the company currently has an average rating of “Buy” and a consensus target price of $304.26.

Insider Transactions at NVIDIA

In other news, Director Mark A. Stevens sold 885,000 shares of the company’s stock in a transaction on Thursday, June 18th. The stock was 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 in the company, valued at $1,094,412,146.07. This represents a 14.53% decrease in their ownership of the stock. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which is available through the SEC website. Also, Director John Dabiri sold 625 shares of the stock in a transaction 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 approximately $3,030,882. The trade was a 4.23% decrease in their position. The disclosure for this sale is available in the SEC filing. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Insiders 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.

NVIDIA Company Profile

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.