NVIDIA Corporation $NVDA is Riggs Asset Managment Co. Inc.’s 3rd Largest Position

Riggs Asset Managment Co. Inc. lowered its position in shares of NVIDIA Corporation (NASDAQ:NVDA) by 12.8% in the 4th quarter, according to its most recent 13F filing with the Securities & Exchange Commission. The firm owned 88,311 shares of the computer hardware maker’s stock after selling 12,977 shares during the period. NVIDIA comprises about 3.3% of Riggs Asset Managment Co. Inc.’s investment portfolio, making the stock its 3rd biggest holding. Riggs Asset Managment Co. Inc.’s holdings in NVIDIA were worth $16,470,000 at the end of the most recent reporting period.

Several other institutional investors have also added to or reduced their stakes in the company. TKG Advisors LLC boosted its position in NVIDIA by 2.1% during the 4th quarter. TKG Advisors LLC now owns 47,660 shares of the computer hardware maker’s stock valued at $8,889,000 after buying an additional 998 shares during the period. Lebenthal Global Advisors LLC boosted its position in NVIDIA by 11.8% during the 4th quarter. Lebenthal Global Advisors LLC now owns 53,231 shares of the computer hardware maker’s stock valued at $9,928,000 after buying an additional 5,597 shares during the period. Cora Capital Advisors LLC lifted its position in shares of NVIDIA by 16.6% in the 4th quarter. Cora Capital Advisors LLC now owns 14,807 shares of the computer hardware maker’s stock worth $2,762,000 after purchasing an additional 2,111 shares during the period. Field & Main Bank lifted its position in shares of NVIDIA by 0.3% in the 4th quarter. Field & Main Bank now owns 63,545 shares of the computer hardware maker’s stock worth $11,851,000 after purchasing an additional 220 shares during the period. Finally, Libra Wealth LLC lifted its position in shares of NVIDIA by 1.6% in the 4th quarter. Libra Wealth LLC now owns 57,656 shares of the computer hardware maker’s stock worth $10,753,000 after purchasing an additional 882 shares during the period. Hedge funds and other institutional investors own 65.27% of the company’s stock.

Analyst Ratings Changes

Several equities research analysts have recently commented on NVDA shares. Wall Street Zen cut shares of NVIDIA from a “strong-buy” rating to a “buy” rating in a research report on Sunday, April 26th. Barclays reaffirmed a “buy” rating on shares of NVIDIA in a research report on Thursday, February 26th. BTIG Research started coverage on shares of NVIDIA in a research report on Wednesday, April 15th. They issued a “buy” rating for the company. Tigress Financial reaffirmed a “strong-buy” rating and issued a $360.00 target price (up from $350.00) on shares of NVIDIA in a research report on Thursday, March 5th. Finally, Robert W. Baird raised their target price on shares of NVIDIA from $275.00 to $300.00 and gave the stock an “outperform” rating in a research report on Thursday, February 26th. Four investment analysts have rated the stock with a Strong Buy rating, forty-eight have assigned a Buy rating and two have assigned a Hold rating to the company. According to MarketBeat, NVIDIA presently has an average rating of “Buy” and a consensus price target of $276.56.

NVIDIA Stock Down 4.4%

Shares of NVIDIA stock opened at $225.32 on Friday. The company has a debt-to-equity ratio of 0.05, a current ratio of 3.91 and a quick ratio of 3.24. The company has a 50-day moving average of $192.36 and a 200 day moving average of $188.38. The firm has a market cap of $5.46 trillion, a price-to-earnings ratio of 45.98, a PEG ratio of 0.70 and a beta of 2.25. NVIDIA Corporation has a 1 year low of $129.16 and a 1 year high of $236.54.

NVIDIA (NASDAQ:NVDA) last issued its quarterly earnings results on Wednesday, February 25th. The computer hardware maker reported $1.62 earnings per share (EPS) for the quarter, topping the consensus estimate of $1.54 by $0.08. The company had revenue of $68.13 billion during the quarter, compared to analyst estimates 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% compared to the same quarter last year. During the same period last year, the business earned $0.89 EPS. As a group, sell-side analysts anticipate that NVIDIA Corporation will post 7.84 earnings per share for the current fiscal year.

NVIDIA Announces Dividend

The firm also recently declared a quarterly dividend, which was paid on Wednesday, April 1st. Investors of record on Wednesday, March 11th were paid a $0.01 dividend. This represents a $0.04 annualized dividend and a dividend yield of 0.0%. The ex-dividend date was Wednesday, March 11th. NVIDIA’s dividend payout ratio (DPR) is presently 0.82%.

Insider Buying and Selling

In other NVIDIA news, Director Mark A. Stevens sold 221,682 shares of the firm’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 sale, the director directly owned 7,399,771 shares in the company, valued at approximately $1,285,192,227.28. This trade represents a 2.91% decrease in their position. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which can be accessed through this hyperlink. Also, Director Aarti S. Shah sold 19,000 shares of the firm’s stock in a transaction dated Thursday, March 19th. The shares were sold at an average price of $176.71, for a total transaction of $3,357,490.00. Following the sale, the director owned 36,007 shares of the company’s stock, valued at approximately $6,362,796.97. This represents a 34.54% decrease in their ownership of the stock. The SEC filing for this sale provides additional information. Insiders sold 906,336 shares of company stock worth $162,802,518 over the last 90 days. Corporate insiders own 4.17% of the company’s stock.

Trending Headlines about NVIDIA

Here are the key news stories impacting NVIDIA this week:

• Positive Sentiment: Multiple reports said the U.S. has cleared Nvidia’s H200 AI chips for sale to about 10 Chinese companies, raising hopes for a meaningful rebound in China-related data center revenue. Reuters article
• Positive Sentiment: UBS and Cantor Fitzgerald both raised price targets on NVIDIA, reinforcing Wall Street’s view that AI demand and data center growth still have room to drive further upside. Proactive Investors article American Banking News article
• Positive Sentiment: Investors are increasingly betting that Nvidia will beat Q1 FY2027 expectations, with several previews citing strong hyperscaler spending, AI infrastructure demand, and a possible revenue surprise. Seeking Alpha article Investopedia article
• Neutral Sentiment: Coverage this morning emphasized that Nvidia’s stock has run hard into earnings, so some investors are locking in gains and watching whether the report can justify the valuation. CNBC article
• Negative Sentiment: The broader semiconductor complex sold off today, and some articles noted that Nvidia’s China opportunity is still not fully secured because approvals, deliveries, and Chinese domestic-chip competition remain uncertain. Benzinga article CNBC article

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.