NVIDIA Corporation $NVDA Shares Sold by Confluence Wealth Services Inc.

Confluence Wealth Services Inc. cut its holdings in NVIDIA Corporation (NASDAQ:NVDA) by 5.4% in the 4th quarter, HoldingsChannel reports. The institutional investor owned 103,449 shares of the computer hardware maker’s stock after selling 5,849 shares during the period. NVIDIA makes up about 0.8% of Confluence Wealth Services Inc.’s portfolio, making the stock its 23rd largest holding. Confluence Wealth Services Inc.’s holdings in NVIDIA were worth $19,293,000 as of its most recent SEC filing.

Several other hedge funds and other institutional investors have also modified their holdings of the business. Norges Bank bought a new stake in NVIDIA in the 2nd quarter valued at about $51,386,863,000. Capital Research Global Investors lifted its position in NVIDIA by 16.1% in 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 during the last quarter. Laurel Wealth Advisors LLC lifted its position in NVIDIA by 15,496.1% in the 2nd quarter. Laurel Wealth Advisors LLC now owns 21,865,525 shares of the computer hardware maker’s stock valued at $3,454,534,000 after purchasing an additional 21,725,326 shares during the last quarter. Danske Bank A S bought a new stake in NVIDIA in the 3rd quarter valued at about $3,180,313,000. Finally, Massachusetts Financial Services Co. MA lifted its position in NVIDIA by 25.0% in the 3rd quarter. Massachusetts Financial Services Co. MA now owns 71,720,593 shares of the computer hardware maker’s stock valued at $13,381,628,000 after purchasing an additional 14,358,048 shares during the last quarter. 65.27% of the stock is owned by institutional investors and hedge funds.

Trending Headlines about NVIDIA

Here are the key news stories impacting NVIDIA this week:

• Positive Sentiment: U.S. approval for H200 chip sales to several Chinese tech giants has fueled hopes that Nvidia may finally start monetizing more of the China AI market. Reuters article
• Positive Sentiment: Jensen Huang’s presence on Trump’s China trip is being viewed as a sign that Nvidia’s trade and export issues may improve. Reuters article
• Positive Sentiment: Analysts raised price targets, reinforcing the view that the stock still has room to run before earnings. Benzinga article
• Positive Sentiment: Nvidia’s SAP partnership and broader AI infrastructure expansion support the company’s long-term enterprise AI growth narrative. Insider Monkey article
• Neutral Sentiment: Cerebras’ blockbuster IPO adds a new AI-chip rival, but it is not yet a direct threat to Nvidia’s dominant position. Yahoo Finance article
• Negative Sentiment: Some reports warn that China is still favoring domestic AI chips, which could limit how much of the approved Nvidia business actually converts into revenue. CNBC article
• Negative Sentiment: Bears are also warning that AI spending enthusiasm may be getting ahead of actual utilization, raising valuation risk for the whole sector. Finbold article

Wall Street Analysts Forecast Growth

Several analysts recently weighed in on the stock. Bank of America lifted their price objective on shares of NVIDIA from $300.00 to $320.00 and gave the company a “buy” rating in a research report on Wednesday. Jefferies Financial Group reiterated a “buy” rating and issued a $275.00 price objective (up from $250.00) on shares of NVIDIA in a research report on Friday, January 16th. DA Davidson reiterated a “buy” rating and issued a $250.00 price objective on shares of NVIDIA in a research report on Monday, February 23rd. 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 research report on Thursday, February 26th. Finally, Truist Financial lifted their price objective on shares of NVIDIA from $283.00 to $287.00 and gave the company a “buy” rating in a research report on Wednesday, March 18th. Four investment 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’s stock. Based on data from MarketBeat, the stock has an average rating of “Buy” and a consensus target price of $275.69.

NVIDIA Stock Up 4.4%

NVIDIA stock opened at $235.74 on Friday. The stock has a market cap of $5.71 trillion, a price-to-earnings ratio of 48.11, a PEG ratio of 0.74 and a beta of 2.25. 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 company’s 50-day moving average price is $191.52 and its two-hundred day moving average price is $188.12. NVIDIA Corporation has a 52 week low of $129.16 and a 52 week high of $236.54.

NVIDIA (NASDAQ:NVDA) last released its earnings results 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 firm had revenue of $68.13 billion for 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%. NVIDIA’s quarterly revenue was up 73.2% on a year-over-year basis. During the same quarter last year, the company earned $0.89 EPS. On average, 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. Shareholders 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 annualized dividend and a yield of 0.0%. NVIDIA’s dividend payout ratio (DPR) is presently 0.82%.

Insider Activity

In other news, Director Aarti S. Shah sold 19,000 shares of NVIDIA stock in a transaction that occurred on Thursday, March 19th. The shares were sold at an average price of $176.71, for a total value of $3,357,490.00. Following the transaction, the director owned 36,007 shares of the company’s stock, valued at $6,362,796.97. The trade was a 34.54% decrease in their position. The sale was disclosed in a document filed with the SEC, which is accessible through this link. Also, Director Mark A. Stevens sold 221,682 shares of NVIDIA 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 transaction, the director directly owned 7,399,771 shares in the company, valued at $1,285,192,227.28. This represents a 2.91% decrease in their position. The SEC filing for this sale provides additional information. Insiders have sold 906,336 shares of company stock worth $162,802,518 in the last 90 days. 4.17% of the stock is currently owned by corporate insiders.

About NVIDIA

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.