Dagco Inc. Purchases 2,732 Shares of NVIDIA Corporation $NVDA

Dagco Inc. boosted its position in NVIDIA Corporation (NASDAQ:NVDA) by 19.7% during the first quarter, according to its most recent disclosure with the Securities and Exchange Commission (SEC). The fund owned 16,600 shares of the computer hardware maker’s stock after acquiring an additional 2,732 shares during the quarter. NVIDIA accounts for 0.6% of Dagco Inc.’s holdings, making the stock its 29th largest holding. Dagco Inc.’s holdings in NVIDIA were worth $2,895,000 at the end of the most recent quarter.

Several other institutional investors have also added to or reduced their stakes in the company. Diversified Enterprises LLC increased its holdings in NVIDIA by 44.2% in the 4th quarter. Diversified Enterprises LLC now owns 127,604 shares of the computer hardware maker’s stock worth $23,798,000 after purchasing an additional 39,129 shares in the last quarter. ASR Vermogensbeheer N.V. boosted its stake in shares of NVIDIA by 1.8% during the fourth quarter. ASR Vermogensbeheer N.V. now owns 3,169,377 shares of the computer hardware maker’s stock valued at $591,086,000 after purchasing an additional 54,877 shares in the last quarter. PMG Family Office LLC acquired a new stake in shares of NVIDIA during the third quarter valued at about $2,150,000. Storen Legacy Partners LLC bought a new stake in shares of NVIDIA during the fourth quarter worth about $1,350,000. Finally, Weaver Capital Management LLC grew its holdings in shares of NVIDIA by 5.5% during the fourth quarter. Weaver Capital Management LLC now owns 85,216 shares of the computer hardware maker’s stock worth $15,893,000 after purchasing an additional 4,439 shares during the last quarter. 65.27% of the stock is currently owned by institutional investors and hedge funds.

Wall Street Analyst Weigh In

A number of brokerages recently issued reports on NVDA. Mizuho set a $300.00 price objective on shares of NVIDIA in a report on Thursday, May 21st. Tigress Financial reissued a “strong-buy” rating and set a $425.00 target price (up from $360.00) on shares of NVIDIA in a report on Wednesday, May 27th. Deutsche Bank Aktiengesellschaft restated a “hold” rating and issued a $255.00 price target (up from $220.00) on shares of NVIDIA in a research report on Thursday, May 21st. Zacks Research downgraded shares of NVIDIA from a “strong-buy” rating to a “hold” rating in a research note on Thursday, May 21st. Finally, DZ Bank reiterated a “buy” rating on shares of NVIDIA in a report on Thursday, May 21st. Three investment analysts have rated the stock with a Strong Buy rating, forty-eight have issued a Buy rating and three have issued a Hold rating to the company. According to data from MarketBeat.com, the stock presently has a consensus rating of “Buy” and a consensus target price of $303.84.

More NVIDIA News

Here are the key news stories impacting NVIDIA this week:

• Positive Sentiment: NVIDIA expanded its AI ecosystem with a sovereign-AI partnership with Palantir to deploy secure AI models for government and infrastructure customers, reinforcing demand for its GPUs and software stack. Article Title
• Positive Sentiment: Reuters reported that Valar Atomics is partnering with NVIDIA on a small Utah data center aimed at showing how AI infrastructure can conserve water, highlighting another real-world use case for NVIDIA’s data-center technology. Article Title
• Positive Sentiment: Several reports pointed to continued bullish long-term catalysts, including robotics, edge AI, and ongoing hyperscaler capex, suggesting NVIDIA remains central to the AI buildout even amid a short-term pullback. Article Title
• Neutral Sentiment: Analyst commentary and valuation-focused articles remain constructive overall, with multiple firms reiterating positive ratings and raising earnings estimates, but these views are being offset by near-term concerns about stretched valuations and sector rotation. Article Title
• Negative Sentiment: Bearish technical commentary warns that NVIDIA could drift lower in the short term, with some traders eyeing a move toward $165 if support breaks. Article Title
• Negative Sentiment: Michael Burry disclosed short bets against NVIDIA and other chip stocks, adding to concerns that the semiconductor group may be overextended after its big run. Article Title

Insiders Place Their Bets

In other NVIDIA news, Director John Dabiri sold 625 shares of the business’s 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 completion of 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 position. The sale was disclosed in a document filed with the SEC, which is accessible through this hyperlink. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Also, Director Stephen C. Neal sold 15,500 shares of the 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 of the company’s stock, valued at approximately $25,053,803.55. This trade represents a 11.77% decrease in their ownership of the stock. The SEC filing for this sale provides additional information. Over the last 90 days, insiders have sold 1,901,125 shares of company stock worth $410,583,015. Insiders own 3.94% of the company’s stock.

NVIDIA Stock Performance

Shares of NVDA stock opened at $197.58 on Thursday. The firm has a 50 day moving average of $210.48 and a 200-day moving average of $193.36. The company has a market cap of $4.78 trillion, a price-to-earnings ratio of 30.26, a price-to-earnings-growth ratio of 0.44 and a beta of 2.21. The company has a quick ratio of 2.85, a current ratio of 3.44 and a debt-to-equity ratio of 0.04. NVIDIA Corporation has a 52 week low of $152.97 and a 52 week high of $236.54.

NVIDIA (NASDAQ:NVDA) last issued its earnings results 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. The business had revenue of $81.61 billion for the quarter, compared to analyst estimates of $78.42 billion. NVIDIA had a net margin of 62.97% and a return on equity of 96.94%. NVIDIA’s revenue was up 85.2% on a year-over-year basis. During the same period in the prior year, the firm earned $0.81 earnings per share. On average, equities analysts forecast that NVIDIA Corporation will post 8.69 earnings per share for the current year.

NVIDIA Increases Dividend

The company also recently disclosed a quarterly dividend, which was paid on Friday, June 26th. Stockholders of record on Thursday, June 4th were issued a dividend of $0.25 per share. This is a positive change from NVIDIA’s previous quarterly dividend of $0.01. This represents a $1.00 annualized dividend and a dividend yield of 0.5%. The ex-dividend date was Thursday, June 4th. NVIDIA’s dividend payout ratio is presently 15.31%.

NVIDIA announced that its board has approved a share repurchase plan 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 plans are often a sign that the company’s management believes its stock is undervalued.

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.