NVIDIA Corporation $NVDA Shares Sold by Impax Asset Management Group plc

Impax Asset Management Group plc decreased its holdings in shares of NVIDIA Corporation (NASDAQ:NVDA) by 4.6% during the 4th quarter, Holdings Channel reports. The firm owned 3,034,256 shares of the computer hardware maker’s stock after selling 145,698 shares during the quarter. NVIDIA comprises 3.5% of Impax Asset Management Group plc’s holdings, making the stock its 4th largest position. Impax Asset Management Group plc’s holdings in NVIDIA were worth $565,889,000 at the end of the most recent quarter.

Several other institutional investors and hedge funds also recently made changes to their positions in the business. State Street Corp boosted its position in shares of NVIDIA by 1.0% during the 2nd quarter. State Street Corp now owns 978,208,862 shares of the computer hardware maker’s stock valued at $154,556,803,000 after purchasing an additional 9,554,857 shares in the last quarter. Geode Capital Management LLC boosted its position in shares of NVIDIA by 1.5% during the 2nd quarter. Geode Capital Management LLC now owns 579,213,497 shares of the computer hardware maker’s stock valued at $91,150,170,000 after purchasing an additional 8,521,936 shares in the last quarter. Norges Bank bought a new stake in shares of NVIDIA during the 2nd quarter valued at about $51,386,863,000. Legal & General Group Plc boosted its position in shares of NVIDIA by 1.5% during the 3rd quarter. Legal & General Group Plc now owns 181,203,035 shares of the computer hardware maker’s stock valued at $33,808,862,000 after purchasing an additional 2,609,560 shares in the last quarter. Finally, Capital Research Global Investors boosted its position in shares of NVIDIA by 16.1% during the 3rd quarter. Capital Research Global Investors now owns 165,377,852 shares of the computer hardware maker’s stock valued at $30,855,564,000 after purchasing an additional 22,896,705 shares in the last quarter. Institutional investors own 65.27% of the company’s stock.

NVIDIA Stock Down 1.3%

NVDA stock opened at $222.32 on Tuesday. NVIDIA Corporation has a twelve month low of $129.16 and a twelve month high of $236.54. The company has a quick ratio of 3.24, a current ratio of 3.91 and a debt-to-equity ratio of 0.05. The stock’s 50 day moving average is $193.14 and its 200-day moving average is $188.51. The firm has a market capitalization of $5.38 trillion, a PE ratio of 45.37, a P/E/G ratio of 0.70 and a beta of 2.25.

NVIDIA (NASDAQ:NVDA) last posted its earnings results on Wednesday, February 25th. The computer hardware maker reported $1.62 earnings per share for the quarter, beating analysts’ consensus estimates of $1.54 by $0.08. NVIDIA had a return on equity of 97.37% and a net margin of 55.60%.The company had revenue of $68.13 billion for the quarter, compared to analyst estimates of $65.56 billion. During the same quarter last year, the company earned $0.89 earnings per share. The company’s revenue for the quarter was up 73.2% on a year-over-year basis. Sell-side analysts expect that NVIDIA Corporation will post 7.84 EPS for the current fiscal year.

NVIDIA Announces Dividend

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

Wall Street Analyst Weigh In

Several equities research analysts recently commented on NVDA shares. Morgan Stanley upped their target price on NVIDIA from $260.00 to $285.00 and gave the company an “overweight” rating in a research report on Monday. Piper Sandler restated an “overweight” rating on shares of NVIDIA in a research report on Thursday, February 26th. Itau BBA Securities restated a “market perform” rating on shares of NVIDIA in a research report on Thursday, February 26th. HSBC set a $310.00 target price on NVIDIA in a research report on Tuesday, February 24th. Finally, Citigroup initiated coverage on NVIDIA in a report on Wednesday, April 15th. They issued a “buy” rating on the stock. Four investment analysts have rated the stock with a Strong Buy rating, forty-eight have assigned a Buy rating and two have issued a Hold rating to the company. According to MarketBeat.com, the stock has a consensus rating of “Buy” and a consensus target price of $278.73.

Key NVIDIA News

Here are the key news stories impacting NVIDIA this week:

• Positive Sentiment: Several Wall Street firms remain bullish ahead of earnings, with KeyBanc, DA Davidson, Morgan Stanley and Wedbush all raising price targets to as high as $300, citing continued momentum from Blackwell and the coming Rubin platform. Article Title
• Positive Sentiment: Coverage continues to point to strong AI datacenter demand and a likely “beat-and-raise” quarter, with analysts and investors expecting another huge revenue print and strong guidance. Article Title
• Positive Sentiment: Hedge-fund filings showing managers such as Tiger Global, Bridgewater, Soros Fund Management and D1 Capital adding to NVDA stakes reinforce institutional confidence in the stock. Article Title
• Neutral Sentiment: Most of the recent news flow is centered on investor positioning and earnings anticipation, including options-market activity, prediction-market bets, and broad media attention ahead of the report. Article Title
• Negative Sentiment: Some commentary warns that expectations are extremely high, the options market is signaling volatility, and any miss or cautious guidance could disappoint investors. Article Title
• Negative Sentiment: Bearish analysis is also emerging around valuation and demand sustainability, with one report arguing that political backlash against data centers and a shift toward more CPU-centric architectures could pressure future GPU demand. Article Title

Insider Buying and Selling

In related news, Director Mark A. Stevens sold 221,682 shares of the stock in a transaction that occurred on Friday, March 20th. The stock was sold at an average price of $173.68, for a total transaction of $38,501,729.76. Following the completion of the sale, the director directly owned 7,399,771 shares of the company’s stock, valued at approximately $1,285,192,227.28. This trade represents a 2.91% decrease in their ownership of the stock. The sale was disclosed in a legal filing with the SEC, which can be accessed through this link. Also, EVP Ajay K. Puri sold 300,000 shares of the stock in a transaction that occurred on 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 sale, the executive vice president directly owned 3,018,547 shares of the company’s stock, valued at $550,130,190.75. The trade was a 9.04% decrease in their ownership of the stock. The SEC filing for this sale provides additional information. Over the last ninety days, insiders have sold 906,336 shares of company stock valued at $162,802,518. 4.17% of the stock is currently owned by company 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.