Encore Global Management LP Makes New Investment in NVIDIA Corporation $NVDA
Encore Global Management LP bought a new stake in NVIDIA Corporation (NASDAQ:NVDA - Free Report) during the 1st quarter, according to its most recent filing with the Securities and Exchange Commission. The firm bought 20,500 shares of the computer hardware maker's stock, valued at approximately $3,
Encore Global Management LP bought a new stake in NVIDIA Corporation (NASDAQ:NVDA-Free Report) during the 1st quarter, according to its most recent filing with the Securities and Exchange Commission. The firm bought 20,500 shares of the computer hardware maker's stock, valued at approximately $3,575,000. NVIDIA comprises 2. 5% of Encore Global Management LP's investment portfolio, making the stock its 9th biggest position. Why These 3 Equal Weight ETFs Have Outperformed the S&P This YearA number of other institutional investors have also modified their holdings of NVDA. Lifetime Wealth Management P. C. acquired a new position in NVIDIA in the 4th quarter valued at $26,000. Longview Financial Advisors Inc. acquired a new stake in shares of NVIDIA in the 1st quarter worth $27,000. Longfellow Investment Management Co. LLC boosted its holdings in shares of 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 acquiring an additional 67 shares in the last quarter. Phillip James Consulting Co. purchased a new stake in shares of NVIDIA in the first quarter valued at about $40,000. Finally, Spurstone Advisory Services LLC acquired a new position in shares of NVIDIA during the second quarter worth about $40,000. Institutional investors and hedge funds own 65. 27% of the company's stock. GetNVIDIAalerts:Insider Buying and SellingIn other NVIDIA news, DirectorJohn Dabirisold 625 shares of the business's stock in a transaction 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 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 ownership of the stock. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which can be accessed throughthis link. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Also, DirectorMark A. Stevenssold 885,000 shares of the company's stock in a transaction on Thursday, June 18th. The shares were sold at an average price of $210. 17, for a total value of $186,000,450. 00. Following the completion of the sale, the director directly owned 5,207,271 shares in the company, valued at $1,094,412,146. 07. This trade represents a 14. 53% decrease in their position. The disclosure for this sale is available in theSEC filing. Over the last ninety days, insiders sold 1,901,125 shares of company stock valued at $410,583,015. 3. 94% of the stock is owned by insiders. Analysts Set New Price TargetsThe AI Chip Blockade Is Creating a Shadow MarketNVDA has been the subject of several analyst reports. Bank of America reissued a "buy" rating and set a $350. 00 price target (up from $320. 00) on shares of NVIDIA in a report on Thursday, May 21st. Robert W. Baird set a $500. 00 target price on NVIDIA and gave the stock an "outperform" rating in a research report on Thursday, May 21st. Rothschild & Co Redburn increased their target price on NVIDIA from $280. 00 to $300. 00 and gave the stock a "buy" rating in a research note on Tuesday, May 26th. Wells Fargo & Company reissued an "overweight" rating and issued a $315. 00 price target (up from $265. 00) on shares of NVIDIA in a report on Tuesday, May 12th. Finally, DA Davidson reissued a "buy" rating and issued a $300. 00 price target on shares of NVIDIA in a report on Monday, June 1st. Three research analysts have rated the stock with a Strong Buy rating, forty-eight have assigned a Buy rating and two have given a Hold rating to the stock. According to data from MarketBeat. com, NVIDIA has an average rating of "Buy" and a consensus target price of $304. 26. Read Our Latest Stock Report on NVIDIANVIDIA Stock Up 2. 3%3 Humanoid Robot ETFs to Ride a Speculative TrendNVDA stockopened at $223. 96 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 company's 50-day moving average price is $205. 66 and its 200 day moving average price is $197. 19. NVIDIA Corporation has a 52 week low of $164. 07 and a 52 week high of $236. 54. The company has a market cap of $5. 42 trillion, a P/E ratio of 34. 30, a P/E/G ratio of 0. 44 and a beta of 2. 23. NVIDIA (NASDAQ:NVDA-Get Free Report) last issued its earnings results on Wednesday, May 20th. The computer hardware maker reported $1. 87 earnings per share (EPS) for the quarter, beating analysts' consensus estimates of $1. 76 by $0. 11. The company had revenue of $81. 61 billion during the quarter, compared to analysts' expectations of $78. 42 billion. NVIDIA had a net margin of 62. 97% and a return on equity of 96. 94%. The firm's quarterly revenue was up 85. 2% compared to the same quarter last year. During the same period last year, the company posted $0. 81 earnings per share. On average, research analysts expect that NVIDIA Corporation will post 8. 79 earnings per share for the current fiscal year. NVIDIA announced that its Board of Directors has initiated a stock repurchase 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 shares through open market purchases. Shares repurchase plans are typically a sign that the company's board of directors believes its shares are undervalued. NVIDIA Increases DividendThe company also recently disclosed a quarterly dividend, which was paid on Friday, June 26th. Investors of record on Thursday, June 4th were paid a $0. 25 dividend. This represents a $1. 00 annualized dividend and a yield of 0. 4%. The ex-dividend date of this dividend was Thursday, June 4th. This is an increase from NVIDIA's previous quarterly dividend of $0. 01. NVIDIA's dividend payout ratio (DPR) is 15. 31%. Key Stories Impacting NVIDIAHere are the key news stories impacting NVIDIA this week:Positive Sentiment:Reports that SpaceX plans to deploy NVIDIA’s next-generation AI hardware across terrestrial and orbital computing infrastructure reinforced expectations for another major customer and expanded demand for NVIDIA systems. Time to Buy Nvidia or SpaceX Stock After Their AI Partnership?Positive Sentiment:Strong spending by hyperscalers, demand for AI data-center capacity, and NVIDIA-backed projects such as Firmus’ $2 billion fundraising in Australia and Asia-Pacific supported the view that AI infrastructure investment remains robust. Firmus nearly doubles valuation to over $10. 5 billionPositive Sentiment:Analyst and market commentary highlighted NVIDIA’s leadership in sovereign AI, with one report estimating a 92% share, while investors continued to describe the company as evolving from a GPU supplier into a broader AI infrastructure platform. What’s Going On With NVIDIA Stock Friday?Positive Sentiment:Recent commentary pointed to accelerating AI demand, strong cash flow and valuation support, with the median analyst price target reported at $308. 50 versus recent trading levels. Should You Buy NVIDIA Stock After Its 11% Rally in a Month?Neutral Sentiment:NVIDIA’s rally has lifted the stock roughly 12% over five sessions, increasing focus on the upcoming earnings report. Analysts remain constructive, but some traders are pausing because near-term catalysts may be limited after the sharp advance. Two reasons why Nvidia's stock saw its biggest weekly surgeNegative Sentiment:AMD’s acquisition of AI-inference chip startup Taalas could strengthen its competitive position and create a longer-term challenge to NVIDIA, although initial investor commentary suggested the deal does not immediately close NVIDIA’s AI gap. AMD Is Buying Its Way Deeper Into AI InferenceNegative Sentiment:QuiverQuant data showed 45 NVIDIA insider sales and no insider purchases during the past six months, a potential caution signal as the stock trades near its highs. NVIDIA Stock Opinions on AI Market PositionNVIDIA Company Profile(Free Report)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. Featured ArticlesFive stocks we like better than NVIDIAQuantum Earnings Week: Winners and Losers Are Finally EmergingAxon’s Post-Earnings Pullback May Be More About Valuation Than GrowthUber Stock Lags in 2026, But Cash Flow and AV Bets Fuel UpsideAppLovin Stock Hits 52-Week Low as Analysts Trim Targets, Stay BullishThis instant news alert was generated by narrative science technology and financial data from MarketBeat in order to provide readers with the fastest reporting and unbiased coverage. Please send any questions or comments about this story to contact@marketbeat. com. Continue following MarketBeatAdd MarketBeat as your preferred source on Google to see our latest stories in your feed. Should You Invest $1,000 in NVIDIA Right Now?Before you consider NVIDIA, you'll want to hear this. MarketBeat keeps track of Wall Street's top-rated and best performing research analysts and the stocks they recommend to their clients on a daily basis. 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