Legacy Capital Group California Inc. Acquires 3,178 Shares of NVIDIA Corporation $NVDA

Legacy Capital Group California Inc. increased its holdings in NVIDIA Corporation (NASDAQ:NVDA) by 3.0% in the 3rd quarter, according to its most recent disclosure with the SEC. The firm owned 108,180 shares of the computer hardware maker’s stock after acquiring an additional 3,178 shares during the period. NVIDIA makes up about 5.1% of Legacy Capital Group California Inc.’s holdings, making the stock its 2nd largest holding. Legacy Capital Group California Inc.’s holdings in NVIDIA were worth $20,184,000 as of its most recent SEC filing.

Other hedge funds and other institutional investors also recently added to or reduced their stakes in the company. Modern Wealth Management LLC raised its position in NVIDIA by 7.4% in the third quarter. Modern Wealth Management LLC now owns 177,961 shares of the computer hardware maker’s stock valued at $33,204,000 after purchasing an additional 12,241 shares during the period. Neo Ivy Capital Management grew its holdings in shares of NVIDIA by 11.6% during the 3rd quarter. Neo Ivy Capital Management now owns 26,898 shares of the computer hardware maker’s stock worth $5,019,000 after purchasing an additional 2,786 shares during the period. SPX Gestao de Recursos Ltda grew its holdings in shares of NVIDIA by 89.4% during the 3rd quarter. SPX Gestao de Recursos Ltda now owns 88,996 shares of the computer hardware maker’s stock worth $16,605,000 after purchasing an additional 41,996 shares during the period. Sequent Planning LLC increased its position in shares of NVIDIA by 0.8% during the 3rd quarter. Sequent Planning LLC now owns 36,808 shares of the computer hardware maker’s stock worth $6,868,000 after purchasing an additional 298 shares during the last quarter. Finally, Entrewealth LLC increased its position in shares of NVIDIA by 3.4% during the 3rd quarter. Entrewealth LLC now owns 9,546 shares of the computer hardware maker’s stock worth $1,781,000 after purchasing an additional 314 shares during the last quarter. Institutional investors and hedge funds own 65.27% of the company’s stock.

More NVIDIA News

Here are the key news stories impacting NVIDIA this week:

• Positive Sentiment: NVIDIA announced a $2 billion strategic investment in Nebius to build hyperscale AI cloud capacity (multi‑GW deployments by 2030), validating long‑term GPU demand and prompting a strong rally in Nebius. Nvidia to invest $2 billion in AI cloud firm Nebius
• Positive Sentiment: NVIDIA released Nemotron 3 Super, an advanced open AI model aimed at agentic AI — a move that expands software/IP monetization and increases demand for its data‑center GPUs. NVIDIA Releases New Nemotron 3 Super Model
• Positive Sentiment: New partnerships and ecosystem wins (Thinking Machines Lab compute commitments; startups like Scintil Photonics moving to customer testing) deepen demand visibility for NVIDIA’s Vera/Rubin systems and optical interconnect roadmap. NVIDIA Enters Partnership With Thinking Machines Lab
• Neutral Sentiment: Investors are watching the upcoming GTC conference as a potential catalyst for product announcements and guidance — it could swing sentiment either way. Nvidia stock stuck below $190: can GTC event be a catalyst?
• Neutral Sentiment: Broader market volatility and geopolitics (oil price swings, CPI noise) are capping risk appetite for high‑beta mega‑cap tech names like NVDA. Dow Jones Futures Fall; Crude Oil Prices Top $90
• Negative Sentiment: Reports say the U.S. Commerce Dept. is drafting rules that would require permits for AI chip exports — a policy that could materially constrain NVIDIA’s global sales and cloud deployments if implemented. US Mulling Rule Requiring Permits for NVIDIA Global AI Chip Sales
• Negative Sentiment: An EVP executed a large sale (300,000 shares), and analysts/press note some investors are booking profits after recent gains — both contribute to near‑term selling pressure. NVIDIA EVP Sells $54,756,000.00 in Stock
• Negative Sentiment: High‑profile criticism (e.g., Michael Burry’s remarks) and heightened headline risk can amplify short‑term bearish flows, even as fundamentals remain strong. Michael Burry warns Nvidia ‘is mafia-like’

NVIDIA Trading Down 1.5%

NASDAQ NVDA opened at $183.16 on Friday. The firm has a 50 day simple moving average of $185.52 and a 200-day simple moving average of $184.07. The company has a debt-to-equity ratio of 0.05, a quick ratio of 3.24 and a current ratio of 3.91. NVIDIA Corporation has a one year low of $86.62 and a one year high of $212.19. The firm has a market cap of $4.45 trillion, a price-to-earnings ratio of 37.38, a PEG ratio of 0.63 and a beta of 2.33.

NVIDIA (NASDAQ:NVDA) last announced its earnings results on Wednesday, February 25th. The computer hardware maker reported $1.62 earnings per share for the quarter, topping the consensus estimate of $1.54 by $0.08. The firm had revenue of $68.13 billion for the quarter, compared to the consensus estimate of $65.56 billion. NVIDIA had a net margin of 55.60% and a return on equity of 97.37%. The firm’s revenue for the quarter was up 73.2% on a year-over-year basis. During the same period in the prior year, the firm earned $0.89 EPS. Equities research analysts anticipate that NVIDIA Corporation will post 2.77 EPS for the current fiscal year.

NVIDIA Announces Dividend

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

Insider Buying and Selling

In other news, EVP Ajay K. Puri sold 300,000 shares of the stock in a transaction on Tuesday, March 10th. The stock was sold at an average price of $182.52, for a total value of $54,756,000.00. Following the sale, the executive vice president directly owned 3,318,547 shares in the company, valued at approximately $605,701,198.44. This trade represents a 8.29% decrease in their ownership of the stock. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which is accessible through the SEC website. Also, Director Mark A. Stevens sold 222,500 shares of NVIDIA stock in a transaction on Friday, December 19th. The shares were sold at an average price of $180.17, for a total value of $40,087,825.00. Following the completion of the transaction, the director owned 7,621,453 shares of the company’s stock, valued at approximately $1,373,157,187.01. This trade represents a 2.84% decrease in their ownership of the stock. The disclosure for this sale is available in the SEC filing. Insiders sold a total of 1,267,780 shares of company stock worth $229,929,215 over the last ninety days. Insiders own 4.17% of the company’s stock.

Wall Street Analysts Forecast Growth

A number of research analysts have commented on NVDA shares. DA Davidson reaffirmed a “buy” rating and issued a $250.00 target price on shares of NVIDIA in a research report on Monday, February 23rd. Fundamental Research set a $218.00 price target on shares of NVIDIA in a research report on Thursday, February 26th. Wells Fargo & Company reissued an “overweight” rating on shares of NVIDIA in a research note on Monday, December 29th. Raymond James Financial restated a “strong-buy” rating on shares of NVIDIA in a report on Tuesday, January 6th. Finally, Seaport Research Partners lifted their target price on shares of NVIDIA from $100.00 to $140.00 and gave the company a “sell” rating in a report on Monday, November 17th. Four equities research analysts have rated the stock with a Strong Buy rating, forty-seven have assigned a Buy rating and two have issued a Hold rating to the stock. Based on data from MarketBeat, the company presently has a consensus rating of “Buy” and a consensus target price of $274.21.

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.