NVIDIA Corporation $NVDA is FARMERS & MERCHANTS TRUST Co OF LONG BEACH’s 10th Largest Position

FARMERS & MERCHANTS TRUST Co OF LONG BEACH lowered its holdings in NVIDIA Corporation (NASDAQ:NVDA) by 6.7% during the fourth quarter, according to the company in its most recent filing with the SEC. The fund owned 51,255 shares of the computer hardware maker’s stock after selling 3,687 shares during the quarter. NVIDIA comprises 2.2% of FARMERS & MERCHANTS TRUST Co OF LONG BEACH’s investment portfolio, making the stock its 10th biggest holding. FARMERS & MERCHANTS TRUST Co OF LONG BEACH’s holdings in NVIDIA were worth $9,559,000 as of its most recent SEC filing.

Several other hedge funds and other institutional investors have also made changes to their positions in NVDA. Diversified Enterprises LLC boosted 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 valued at $23,798,000 after purchasing an additional 39,129 shares in the last quarter. PMG Family Office LLC acquired a new stake in NVIDIA in the third quarter valued at $2,150,000. Oak Ridge Investments LLC grew its stake in NVIDIA by 2.2% in the 3rd quarter. Oak Ridge Investments LLC now owns 970,860 shares of the computer hardware maker’s stock valued at $181,143,000 after acquiring an additional 20,559 shares during the last quarter. Weaver Capital Management LLC lifted its holdings in shares of NVIDIA by 5.5% in the fourth quarter. Weaver Capital Management LLC now owns 85,216 shares of the computer hardware maker’s stock valued at $15,893,000 after purchasing an additional 4,439 shares in the last quarter. Finally, Circle Wealth Management LLC lifted its holdings in shares of NVIDIA by 16.1% in the third quarter. Circle Wealth Management LLC now owns 107,787 shares of the computer hardware maker’s stock valued at $20,111,000 after purchasing an additional 14,936 shares in the last quarter. Institutional investors and hedge funds own 65.27% of the company’s stock.

Analyst Upgrades and Downgrades

A number of brokerages have recently weighed in on NVDA. New Street Research dropped their price objective on shares of NVIDIA from $307.00 to $275.00 and set a “buy” rating for the company in a research note on Tuesday, March 31st. Royal Bank Of Canada reiterated an “outperform” rating and set a $250.00 target price on shares of NVIDIA in a report on Thursday, May 14th. HSBC reissued a “buy” rating and set a $325.00 price target (up from $295.00) on shares of NVIDIA in a research report on Tuesday. Citigroup assumed coverage on NVIDIA in a research report on Wednesday, April 15th. They issued a “buy” rating on the stock. Finally, Truist Financial increased their price objective on NVIDIA from $283.00 to $287.00 and gave the company a “buy” rating in a research note on Wednesday, March 18th. Four research 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’s stock. Based on data from MarketBeat.com, the company currently has an average rating of “Buy” and a consensus price target of $279.06.

NVIDIA Price Performance

NVIDIA stock opened at $223.47 on Thursday. NVIDIA Corporation has a 1 year low of $129.16 and a 1 year high of $236.54. The company has a debt-to-equity ratio of 0.05, a quick ratio of 3.24 and a current ratio of 3.91. The firm has a 50 day moving average price of $194.82 and a 200 day moving average price of $188.75. The company has a market cap of $5.41 trillion, a price-to-earnings ratio of 45.61, a PEG ratio of 0.69 and a beta of 2.25.

NVIDIA (NASDAQ:NVDA) last announced its quarterly earnings results on Wednesday, May 20th. The computer hardware maker reported $1.87 earnings per share for the quarter, beating analysts’ consensus estimates of $1.76 by $0.11. NVIDIA had a net margin of 55.60% and a return on equity of 97.37%. The company had revenue of $81.62 billion for the quarter, compared to analyst estimates of $78.42 billion. During the same quarter last year, the business earned $0.81 EPS. NVIDIA’s revenue for the quarter was up 85.2% on a year-over-year basis. Sell-side analysts predict that NVIDIA Corporation will post 7.85 earnings per share for the current year.

NVIDIA Announces Dividend

The company also recently announced a quarterly dividend, which was paid on Wednesday, April 1st. Investors of record on Wednesday, March 11th were issued a $0.01 dividend. The ex-dividend date was Wednesday, March 11th. This represents a $0.04 dividend on an annualized basis and a yield of 0.0%. NVIDIA’s dividend payout ratio (DPR) is presently 0.82%.

NVIDIA declared that its board has approved a stock buyback plan on Wednesday, May 20th that allows the company to repurchase $80.00 billion in outstanding shares. This repurchase authorization allows the computer hardware maker to buy up to 1.5% of its stock through open market purchases. Stock repurchase plans are typically a sign that the company’s board believes its stock is undervalued.

Insider Transactions at NVIDIA

In other news, Director Aarti S. Shah sold 19,000 shares of the firm’s stock in a transaction dated Thursday, March 19th. The stock was sold at an average price of $176.71, for a total value of $3,357,490.00. Following the transaction, the director directly owned 36,007 shares in the company, valued at $6,362,796.97. This trade represents a 34.54% decrease in their position. The transaction was disclosed in a document filed with the SEC, which is available through this hyperlink. Also, EVP Ajay K. Puri sold 300,000 shares of NVIDIA stock in a transaction dated Wednesday, March 18th. The shares were sold at an average price of $182.25, for a total value of $54,675,000.00. Following the completion of the transaction, the executive vice president directly owned 3,018,547 shares in the company, valued at $550,130,190.75. This represents a 9.04% decrease in their ownership of the stock. The disclosure for this sale is available in the SEC filing. Insiders have sold 906,336 shares of company stock valued at $162,802,518 in the last ninety days. Company insiders own 4.17% of the company’s stock.

Key Headlines Impacting NVIDIA

Here are the key news stories impacting NVIDIA this week:

• Positive Sentiment: NVIDIA delivered another huge beat-and-raise quarter, with record revenue, strong EPS growth, and data-center results that underline its dominance in AI infrastructure.
• Positive Sentiment: The company authorized an additional $80 billion share buyback and raised its quarterly dividend from $0.01 to $0.25 per share, signaling confidence in future cash generation and returning more capital to shareholders.
• Positive Sentiment: Analysts and commentators highlighted broad AI demand, strong Blackwell ramp-up, and continued operating leverage, which support the bullish case for NVIDIA stock.
• Neutral Sentiment: NVIDIA said its outlook does not assume any Data Center compute revenue from China, leaving a meaningful source of potential upside or downside depending on trade and licensing developments.
• Neutral Sentiment: Management is also transitioning to a new reporting framework focused on Data Center and Edge Computing, which should better reflect growth drivers but may make comparisons harder in the near term.
• Negative Sentiment: Despite the strong results, articles noted rising competition from custom chips at companies like Amazon and Alphabet, plus ongoing uncertainty around China shipments, which could temper enthusiasm if growth slows.

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.