Legacy Advisors LLC Purchases 14,215 Shares of NVIDIA Corporation $NVDA

Legacy Advisors LLC lifted its position in NVIDIA Corporation (NASDAQ:NVDA) by 32.0% during the 4th quarter, according to its most recent disclosure with the SEC. The fund owned 58,598 shares of the computer hardware maker’s stock after purchasing an additional 14,215 shares during the period. NVIDIA comprises approximately 0.9% of Legacy Advisors LLC’s portfolio, making the stock its 20th biggest holding. Legacy Advisors LLC’s holdings in NVIDIA were worth $10,928,000 at the end of the most recent reporting period.

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

Insider Transactions at NVIDIA

In other news, CFO Colette Kress sold 42,650 shares of NVIDIA stock in a transaction dated Friday, March 20th. The stock was sold at an average price of $174.89, for a total value of $7,459,058.50. Following the completion of the transaction, the chief financial officer owned 881,387 shares of the company’s stock, valued at $154,145,772.43. The trade was a 4.62% decrease in their position. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is available through the SEC website. Also, Director John Dabiri sold 3,004 shares of NVIDIA stock in a transaction dated Friday, March 13th. The stock was sold at an average price of $184.90, for a total value of $555,439.60. Following the completion of the transaction, the director directly owned 14,788 shares of the company’s stock, valued at approximately $2,734,301.20. This represents a 16.88% decrease in their position. Additional details regarding this sale are available in the official SEC disclosure. Insiders have sold 906,336 shares of company stock worth $162,802,518 over the last quarter. Corporate insiders own 4.17% of the company’s stock.

Key Stories Impacting NVIDIA

Here are the key news stories impacting NVIDIA this week:

• Positive Sentiment: NVIDIA remains a key beneficiary of the AI infrastructure boom, with commentary saying its lead in chips is expanding into a broader infrastructure moat and that hyperscalers’ spending should keep driving demand. Nvidia: Moat Is Wider Than The Market Thinks
• Positive Sentiment: Analysts and market commentary continue to view NVDA as one of the top semiconductor names to own, reinforcing bullish expectations into earnings. NVIDIA (NVDA): The Best American Semiconductor Stock to Buy According to Analysts
• Positive Sentiment: Investor attention is high ahead of NVIDIA’s earnings report, with the stock trading near record levels as traders position for what could be another strong quarter. Why Nvidia stock is beating the broader market today
• Positive Sentiment: NVIDIA’s partnership with IREN to accelerate up to 5 gigawatts of AI infrastructure is being cited as evidence that the company is extending its ecosystem beyond chips and into data-center buildout. Why NVIDIA (NVDA) Is Turning Its AI Hardware Lead Into an Infrastructure Moat
• Positive Sentiment: Several market pieces frame NVIDIA as a long-term AI winner and a likely beneficiary of continued spending on chips, data centers, and inference workloads. 5 Stocks Positioned to Benefit From the AI Inference Boom
• Neutral Sentiment: One note says Alphabet could briefly overtake NVIDIA in market value, which is more of a headline watch item than a direct fundamental concern. Alphabet Is on the Brink of Beating NVIDIA in Market Value: ETFs to Buy
• Neutral Sentiment: Short-interest data showed no meaningful short positioning change, so it does not appear to be a real market driver. Short Interest Update
• Negative Sentiment: Some articles raise caution that competition is increasing as major cloud customers develop custom AI chips, which could pressure NVIDIA’s margins over time. Nvidia Stock: Reasons For Short-Term Caution Into Earnings
• Negative Sentiment: There is also some broader sector warning chatter about semiconductors flashing a technical crash signal, which could weigh on sentiment if risk appetite fades. Semiconductor stocks just printed major crash signal

Analysts Set New Price Targets

NVDA has been the topic of several recent analyst reports. HSBC set a $310.00 target price on shares of NVIDIA in a report on Tuesday, February 24th. Jefferies Financial Group reaffirmed a “buy” rating and issued a $275.00 price target (up from $250.00) on shares of NVIDIA in a research note on Friday, January 16th. Benchmark reaffirmed a “buy” rating and issued a $250.00 price target on shares of NVIDIA in a research note on Tuesday, March 31st. Rothschild & Co Redburn raised their price target on NVIDIA from $245.00 to $268.00 and gave the stock a “buy” rating in a research note on Thursday, January 15th. Finally, BTIG Research initiated coverage on NVIDIA in a research note on Wednesday, April 15th. They issued a “buy” rating for the company. Four 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 company’s stock. According to MarketBeat.com, NVIDIA currently has a consensus rating of “Buy” and a consensus price target of $275.25.

NVIDIA Stock Performance

Shares of NVIDIA stock opened at $219.44 on Tuesday. The company has a current ratio of 3.91, a quick ratio of 3.24 and a debt-to-equity ratio of 0.05. The firm has a market capitalization of $5.33 trillion, a P/E ratio of 44.78, a P/E/G ratio of 0.71 and a beta of 2.25. The business has a fifty day simple moving average of $188.67 and a two-hundred day simple moving average of $187.18. NVIDIA Corporation has a 12 month low of $120.28 and a 12 month high of $222.30.

NVIDIA (NASDAQ:NVDA) last announced its quarterly earnings data on Wednesday, February 25th. The computer hardware maker reported $1.62 EPS for the quarter, beating the consensus estimate of $1.54 by $0.08. The business had revenue of $68.13 billion during the quarter, compared to analyst estimates of $65.56 billion. NVIDIA had a return on equity of 97.37% and a net margin of 55.60%.The company’s revenue for the quarter was up 73.2% on a year-over-year basis. During the same quarter last year, the firm posted $0.89 earnings per share. On average, equities analysts forecast that NVIDIA Corporation will post 7.78 earnings per share for the current fiscal year.

NVIDIA Dividend Announcement

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

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.