NVIDIA Corporation $NVDA Shares Sold by M&T Bank Corp

Posted by Trevor Kearing on May 14th, 2026

M&T Bank Corp cut its holdings in NVIDIA Corporation (NASDAQ:NVDA – Free Report) by 98.0% in the 4th quarter, HoldingsChannel reports. The fund owned 65,865 shares of the computer hardware maker’s stock after selling 3,266,129 shares during the period. M&T Bank Corp’s holdings in NVIDIA were worth $12,284,000 at the end of the most recent quarter.

A number of other institutional investors and hedge funds have also made changes to their positions in NVDA. Norges Bank acquired a new stake in shares of NVIDIA during the 2nd quarter worth $51,386,863,000. Capital Research Global Investors increased its holdings 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 worth $30,855,564,000 after buying an additional 22,896,705 shares during the last quarter. Laurel Wealth Advisors LLC increased its holdings in shares of NVIDIA by 15,496.1% during the 2nd quarter. Laurel Wealth Advisors LLC now owns 21,865,525 shares of the computer hardware maker’s stock worth $3,454,534,000 after buying an additional 21,725,326 shares during the last quarter. Danske Bank A S acquired a new stake in shares of NVIDIA during the 3rd quarter worth $3,180,313,000. Finally, Massachusetts Financial Services Co. MA increased its holdings in shares of NVIDIA by 25.0% during the 3rd quarter. Massachusetts Financial Services Co. MA now owns 71,720,593 shares of the computer hardware maker’s stock worth $13,381,628,000 after buying an additional 14,358,048 shares during the last quarter. 65.27% of the stock is currently owned by institutional investors and hedge funds.

NVIDIA Stock Up 2.3%

Shares of NASDAQ NVDA opened at $225.83 on Thursday. 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 stock has a fifty day moving average price of $190.40 and a 200 day moving average price of $187.78. The company has a market cap of $5.49 trillion, a P/E ratio of 46.09, a P/E/G ratio of 0.72 and a beta of 2.25. NVIDIA Corporation has a 12-month low of $129.16 and a 12-month high of $227.84.

NVIDIA (NASDAQ:NVDA – Get Free Report) last posted 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. The company had revenue of $68.13 billion during the quarter, compared to analysts’ expectations 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 company posted $0.89 EPS. Research analysts anticipate that NVIDIA Corporation will post 7.84 EPS for the current fiscal year.

NVIDIA Announces Dividend

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

Trending Headlines about NVIDIA

Here are the key news stories impacting NVIDIA this week:

Positive Sentiment: Bank of America raised its price target on NVIDIA to $320 from $300 and reiterated a Buy rating, citing a larger long-term AI data center market and accelerating AI spending. BofA Hikes NVIDIA Price Target to $320 on Massive $1.7 Trillion AI Data Center Forecast
Positive Sentiment: Citi said NVIDIA’s upcoming Q1 revenue could beat consensus by about $1.4 billion, reinforcing expectations for another strong earnings report. Nvidia’s Q1 revenue expected to surpass consensus by $1.4B: Citi
Positive Sentiment: Jensen Huang’s inclusion in President Trump’s China trip is being viewed as potentially helpful for NVIDIA’s China outlook, with traders hoping for improved export access or licensing developments. Nvidia CEO joins Trump’s mission to ‘open up’ China
Positive Sentiment: Options activity was unusually strong, with call volume running well above normal, suggesting traders are positioning for further upside.
Neutral Sentiment: The stock’s momentum is also being supported by broader AI enthusiasm, record-high valuations, and bullish coverage from multiple outlets ahead of earnings. Nvidia Rally Propels Stocks to New Records
Negative Sentiment: Some articles highlighted ongoing China/export-control risk and elevated concentration in AI stocks, which could limit upside if the macro or policy backdrop turns less favorable. Nvidia market cap hits $5.4T despite zero China revenue amid US export controls

Analysts Set New Price Targets

A number of research firms have recently commented on NVDA. BNP Paribas Exane upped their price objective on NVIDIA from $260.00 to $270.00 and gave the stock an “outperform” rating in a report on Thursday, February 26th. Wall Street Zen downgraded NVIDIA from a “strong-buy” rating to a “buy” rating in a report on Sunday, April 26th. Zacks Research upgraded NVIDIA from a “hold” rating to a “strong-buy” rating in a report on Wednesday, February 25th. Benchmark restated a “buy” rating and set a $250.00 price objective on shares of NVIDIA in a report on Tuesday, March 31st. Finally, Morgan Stanley set a $260.00 price target on NVIDIA in a report on Monday, March 2nd. Four equities research 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 stock. Based on data from MarketBeat.com, the company currently has a consensus rating of “Buy” and a consensus target price of $277.32.

Read Our Latest Analysis on NVIDIA

Insider Buying and Selling

In other NVIDIA news, Director John Dabiri sold 3,004 shares of the company’s stock in a transaction dated Friday, March 13th. The shares were 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 $2,734,301.20. This represents a 16.88% decrease in their position. The transaction was disclosed in a filing with the SEC, which is available at the SEC website. Also, Director Mark A. Stevens sold 221,682 shares of the company’s stock in a transaction dated Friday, March 20th. The shares were sold at an average price of $173.68, for a total transaction of $38,501,729.76. Following the completion of the transaction, the director directly owned 7,399,771 shares of the company’s stock, valued at approximately $1,285,192,227.28. The trade was a 2.91% decrease in their ownership of the stock. Additional details regarding this sale are available in the official SEC disclosure. Insiders sold a total of 906,336 shares of company stock worth $162,802,518 over the last quarter. Company insiders own 4.17% of the company’s stock.

About NVIDIA

(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.