NVIDIA Corporation $NVDA Shares Sold by Jennison Associates LLC

Jennison Associates LLC lowered its position in shares of NVIDIA Corporation (NASDAQ:NVDA) by 5.2% in the first quarter, Holdings Channel reports. The firm owned 73,978,086 shares of the computer hardware maker’s stock after selling 4,073,719 shares during the period. NVIDIA makes up about 8.9% of Jennison Associates LLC’s investment portfolio, making the stock its biggest position. Jennison Associates LLC’s holdings in NVIDIA were worth $12,901,778,000 at the end of the most recent reporting period.

A number of other institutional investors and hedge funds have also recently bought and sold shares of the business. Lifetime Wealth Management P.C. purchased a new stake in NVIDIA during the 4th quarter worth $26,000. Longview Financial Advisors Inc. acquired a new stake in NVIDIA in the 1st quarter valued at $27,000. Longfellow Investment Management Co. LLC raised its position in 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 period. Spurstone Advisory Services LLC acquired a new position in shares of NVIDIA during the second quarter worth about $40,000. Finally, Inspire Investing LLC acquired a new position in shares of NVIDIA during the fourth quarter worth about $44,000. Institutional investors and hedge funds own 65.27% of the company’s stock.

NVIDIA News Summary

Here are the key news stories impacting NVIDIA this week:

• Positive Sentiment: Strong AI demand remains evident across NVIDIA’s ecosystem. Partner SK Hynix reported a more than sixfold increase in quarterly operating profit, driven by advanced-memory demand from AI data centers, while its relationship with NVIDIA and HBM supply commitments support continued demand for NVIDIA systems. SK Hynix posts sixfold rise in Q2 profit on AI chip demand
• Positive Sentiment: Analysts continue to see substantial upside, with 26 recent price targets carrying a median of $308.50. Erste Group also modestly raised its fiscal 2027 and fiscal 2028 earnings estimates, reinforcing the case that long-term AI growth remains intact.
• Positive Sentiment: NVIDIA will report fiscal second-quarter 2027 results on August 26. The scheduled release gives investors a clear near-term catalyst and an opportunity to evaluate demand, margins and the impact of new products. NVIDIA Sets Conference Call for Second-Quarter Financial Results
• Neutral Sentiment: Reports that NVIDIA may be backing major OpenAI and Texas data-center projects highlight potential for additional chip demand, but the proposed financing arrangements also increase NVIDIA’s exposure to customers’ capital needs and execution risks. Nvidia behind $50 billion lease on Texas data center
• Negative Sentiment: Investors are concerned that circular financing and credit risks could make AI infrastructure spending less durable. Warnings about NVIDIA’s proposed OpenAI backstop, losses at leveraged AI-cloud companies and rising borrowing costs have pressured the broader AI trade. NVIDIA’s OpenAI Backstop Puts AI Financing Risk in Focus
• Negative Sentiment: Geopolitical and competitive risks remain a major overhang. Reports of a Taiwan detention involving an NVIDIA employee in a Super Micro China-export investigation, along with faster Chinese AI development, are renewing concerns about export controls and market access. Taiwan detains Nvidia employee in Super Micro probe
• Negative Sentiment: Market commentary also points to concentrated insider selling: reported NVIDIA insiders made no open-market purchases and 69 sales over the past six months. Although transactions may be scheduled, the imbalance can weigh on sentiment when valuation expectations are high.
• Negative Sentiment: Broad semiconductor selling and skepticism about AI spending have left NVIDIA below the psychologically important $200 level and below its 50-day moving average, signaling cautious short-term momentum despite strong underlying earnings growth.

Analyst Ratings Changes

Several brokerages recently commented on NVDA. HSBC reiterated a “buy” rating and set a $325.00 target price (up from $295.00) on shares of NVIDIA in a report on Tuesday, May 19th. Deutsche Bank Aktiengesellschaft reaffirmed a “hold” rating and issued a $255.00 price objective (up from $220.00) on shares of NVIDIA in a research report on Thursday, May 21st. Truist Financial boosted their target price on shares of NVIDIA from $287.00 to $307.00 and gave the stock a “buy” rating in a research report on Thursday, May 21st. Raymond James Financial restated a “strong-buy” rating and issued a $330.00 target price on shares of NVIDIA in a research note on Thursday, May 21st. Finally, Craig Hallum lifted their price target 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. Three investment analysts have rated the stock with a Strong Buy rating, forty-eight have assigned a Buy rating and two have assigned a Hold rating to the company. According to data from MarketBeat, NVIDIA has an average rating of “Buy” and an average price target of $304.26.

NVIDIA Price Performance

Shares of NVDA opened at $190.01 on Thursday. NVIDIA Corporation has a 52 week low of $164.07 and a 52 week high of $236.54. 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 firm has a market cap of $4.60 trillion, a price-to-earnings ratio of 29.10, a PEG ratio of 0.38 and a beta of 2.21. The stock has a 50 day moving average of $206.20 and a 200-day moving average of $196.01.

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

NVIDIA Increases Dividend

The firm 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 is a boost from NVIDIA’s previous quarterly dividend of $0.01. The ex-dividend date of this dividend 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%.

NVIDIA declared that its Board of Directors has initiated a stock repurchase plan 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 shares through open market purchases. Shares buyback plans are usually an indication that the company’s board believes its stock is undervalued.

Insider Activity at NVIDIA

In other news, Director Mark A. Stevens sold 885,000 shares of the stock in a transaction that occurred on Thursday, June 18th. The stock was sold at an average price of $210.17, for a total transaction of $186,000,450.00. Following the sale, the director directly owned 5,207,271 shares in the company, valued at approximately $1,094,412,146.07. This represents a 14.53% decrease in their position. The sale was disclosed in a document filed with the Securities & Exchange Commission, which can be accessed through the SEC website. Also, Director Stephen C. Neal sold 15,500 shares of the firm’s stock in a transaction that occurred on Wednesday, June 3rd. The stock was 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 directly owned 116,135 shares in the company, valued at approximately $25,053,803.55. This trade represents a 11.77% 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 valued at $410,583,015 in the last quarter. Insiders own 3.94% of the company’s stock.

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.