NVIDIA Corporation $NVDA Shares Sold by State of Michigan Retirement System

State of Michigan Retirement System reduced its stake in shares of NVIDIA Corporation (NASDAQ:NVDA) by 3.6% in the 4th quarter, according to its most recent disclosure with the Securities and Exchange Commission. The firm owned 8,060,260 shares of the computer hardware maker’s stock after selling 298,700 shares during the period. NVIDIA makes up approximately 7.3% of State of Michigan Retirement System’s investment portfolio, making the stock its biggest holding. State of Michigan Retirement System’s holdings in NVIDIA were worth $1,503,238,000 at the end of the most recent reporting period.

Several other institutional investors and hedge funds have also made changes to their positions in NVDA. Longfellow Investment Management Co. LLC lifted its stake in shares of NVIDIA by 47.9% during the second quarter. Longfellow Investment Management Co. LLC now owns 207 shares of the computer hardware maker’s stock worth $33,000 after buying an additional 67 shares during the period. Spurstone Advisory Services LLC acquired a new position in NVIDIA during the second quarter valued at $40,000. Sellwood Investment Partners LLC acquired a new position in NVIDIA during the third quarter valued at $50,000. Networth Advisors LLC acquired a new position in NVIDIA during the fourth quarter valued at $51,000. Finally, EDENTREE ASSET MANAGEMENT Ltd acquired a new position in NVIDIA during the second quarter valued at $54,000. 65.27% of the stock is currently owned by institutional investors and hedge funds.

Analyst Upgrades and Downgrades

A number of research analysts recently issued reports on the stock. Zacks Research upgraded shares of NVIDIA from a “hold” rating to a “strong-buy” rating in a research report on Wednesday, February 25th. Piper Sandler restated an “overweight” rating on shares of NVIDIA in a research report on Thursday, February 26th. Needham & Company LLC restated a “buy” rating and set a $240.00 target price on shares of NVIDIA in a research report on Wednesday, March 18th. HSBC restated a “buy” rating and set a $325.00 target price (up from $295.00) on shares of NVIDIA in a research report on Tuesday. Finally, BNP Paribas Exane lifted their price objective on shares of NVIDIA from $260.00 to $270.00 and gave the company an “outperform” rating in a report on Thursday, February 26th. Four analysts have rated the stock with a Strong Buy rating, forty-eight have issued a Buy rating and two have given a Hold rating to the company. According to data from MarketBeat, the company has an average rating of “Buy” and an average target price of $279.06.

Key NVIDIA News

Here are the key news stories impacting NVIDIA this week:

• Positive Sentiment: Wall Street remains constructive, with several firms reportedly raising price targets and maintaining bullish ratings on NVIDIA ahead of earnings, citing strong Blackwell and Rubin-related catalysts. NVIDIA Price Target Raised to $300.00 at DA Davidson
• Positive Sentiment: Options traders are pricing in a very large post-earnings move, which suggests the market expects NVIDIA to remain a major AI momentum driver if results and outlook are strong. Nvidia shares set for $350 billion price swing after earnings, options show
• Positive Sentiment: Multiple previews say NVIDIA could post another blockbuster quarter, helped by booming AI datacenter spending and continued demand for its GPUs, while some analysts argue the stock may still be undervalued versus its earnings power. AI Datacenter Growth Likely to Power NVIDIA’s Strong Q1 Revenues
• Neutral Sentiment: Many headlines frame NVIDIA’s earnings as the next big market catalyst, meaning the stock could move sharply in either direction depending on whether the company clears a very high bar. Here’s How Much Traders Expect Nvidia’s Stock to Move After Earnings
• Neutral Sentiment: Broader market commentary suggests tech stocks are mixed and the AI trade may be taking a pause, which can pressure NVIDIA short term even if the long-term story remains intact. Sector Update: Tech Stocks Mixed Late Afternoon
• Negative Sentiment: Investors are also focused on risks around China, competition from custom AI chips, and whether hyperscaler spending will keep expanding at the same pace, all of which could limit upside if management sounds cautious. Nvidia’s outlook will be a test of its strategy to maintain AI dominance

NVIDIA Stock Down 0.8%

NVDA opened at $220.61 on Wednesday. NVIDIA Corporation has a fifty-two week low of $129.16 and a fifty-two week 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 company has a fifty day moving average of $194.00 and a two-hundred day moving average of $188.61. The stock has a market capitalization of $5.34 trillion, a price-to-earnings ratio of 45.02, a PEG ratio of 0.69 and a beta of 2.25.

NVIDIA (NASDAQ:NVDA) last released its quarterly earnings data 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 net margin of 55.60% and a return on equity of 97.37%. The company had revenue of $68.13 billion during the quarter, compared to analysts’ expectations of $65.56 billion. During the same quarter in the previous year, the company earned $0.89 earnings per share. The firm’s revenue for the quarter was up 73.2% on a year-over-year basis. On average, research analysts expect that NVIDIA Corporation will post 7.85 earnings per share for the current 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 paid a dividend of $0.01 per share. The ex-dividend date of this dividend was Wednesday, March 11th. This represents a $0.04 dividend on an annualized basis and a dividend yield of 0.0%. NVIDIA’s payout ratio is currently 0.82%.

Insider Buying and Selling at NVIDIA

In other news, Director John Dabiri sold 3,004 shares of the business’s stock in a transaction dated Friday, March 13th. The shares were sold at an average price of $184.90, for a total transaction of $555,439.60. Following the completion of the sale, the director owned 14,788 shares of the company’s stock, valued at $2,734,301.20. The trade was a 16.88% decrease in their ownership of the stock. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is available at this link. Also, Director Aarti S. Shah sold 19,000 shares of the business’s stock in a transaction dated Thursday, March 19th. The stock was sold at an average price of $176.71, for a total transaction of $3,357,490.00. Following the sale, the director directly owned 36,007 shares of the company’s stock, valued at $6,362,796.97. This represents a 34.54% decrease in their position. Additional details regarding this sale are available in the official SEC disclosure. Over the last ninety days, insiders have sold 906,336 shares of company stock valued at $162,802,518. Corporate insiders own 4.17% of the company’s stock.

NVIDIA 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.