Courier Capital LLC Sells 2,439 Shares of NVIDIA Corporation $NVDA

Courier Capital LLC reduced its position in shares of NVIDIA Corporation (NASDAQ:NVDA) by 7.8% in the fourth quarter, Holdings Channel reports. The fund owned 28,753 shares of the computer hardware maker’s stock after selling 2,439 shares during the quarter. Courier Capital LLC’s holdings in NVIDIA were worth $5,362,000 at the end of the most recent reporting period.

A number of other hedge funds and other institutional investors have also recently modified their holdings of the company. Longfellow Investment Management Co. LLC lifted its position in NVIDIA by 47.9% in 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 last quarter. Spurstone Advisory Services LLC bought a new stake in NVIDIA in the second quarter worth $40,000. Sellwood Investment Partners LLC bought a new stake in NVIDIA in the third quarter worth $50,000. Networth Advisors LLC bought a new stake in NVIDIA in the fourth quarter worth $51,000. Finally, EDENTREE ASSET MANAGEMENT Ltd bought a new stake in NVIDIA in the second quarter worth $54,000. 65.27% of the stock is currently owned by institutional investors.

NVIDIA Price Performance

Shares of NVDA stock opened at $222.32 on Tuesday. NVIDIA Corporation has a fifty-two week low of $129.16 and a fifty-two week high of $236.54. The firm has a market capitalization of $5.38 trillion, a price-to-earnings ratio of 45.37, a PEG ratio of 0.70 and a beta of 2.25. 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 stock’s 50-day simple moving average is $193.14 and its 200-day simple moving average is $188.51.

NVIDIA (NASDAQ:NVDA) last issued its earnings results on Wednesday, February 25th. The computer hardware maker reported $1.62 EPS for the quarter, beating analysts’ consensus estimates of $1.54 by $0.08. NVIDIA had a return on equity of 97.37% and a net margin of 55.60%.The firm had revenue of $68.13 billion for the quarter, compared to analyst estimates of $65.56 billion. During the same quarter in the prior year, the firm earned $0.89 earnings per share. NVIDIA’s revenue for the quarter was up 73.2% on a year-over-year basis. As a group, equities analysts forecast that NVIDIA Corporation will post 7.84 earnings per share for the current fiscal year.

NVIDIA Announces Dividend

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

Insider Activity

In other NVIDIA news, CFO Colette Kress sold 20,000 shares of the company’s stock in a transaction on Friday, March 20th. The stock was sold at an average price of $174.89, for a total value of $3,497,800.00. Following the completion of the sale, the chief financial officer directly owned 83,060 shares in the company, valued at $14,526,363.40. This represents a 19.41% decrease in their position. The sale was disclosed in a filing with the Securities & Exchange Commission, which is available through the SEC website. Also, Director Mark A. Stevens sold 221,682 shares of the company’s stock in a transaction on Friday, March 20th. The shares were sold at an average price of $173.68, for a total value of $38,501,729.76. Following the completion of the sale, the director 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. The SEC filing for this sale provides additional information. Insiders sold 906,336 shares of company stock valued at $162,802,518 in the last three months. Company insiders own 4.17% of the company’s stock.

Wall Street Analyst Weigh In

Several analysts have recently weighed in on the company. Rosenblatt Securities reiterated a “buy” rating and set a $325.00 target price on shares of NVIDIA in a research report on Monday, March 23rd. Truist Financial lifted their target price on NVIDIA from $283.00 to $287.00 and gave the stock a “buy” rating in a research report on Wednesday, March 18th. Weiss Ratings reiterated a “buy (b)” rating on shares of NVIDIA in a research report on Friday, April 10th. Itau BBA Securities reiterated a “market perform” rating on shares of NVIDIA in a research report on Thursday, February 26th. Finally, Raymond James Financial lifted their target price on NVIDIA from $291.00 to $323.00 and gave the stock a “strong-buy” rating in a research report on Thursday, March 19th. Four research analysts have rated the stock with a Strong Buy rating, forty-eight have given a Buy rating and two have given a Hold rating to the stock. Based on data from MarketBeat.com, the stock presently has an average rating of “Buy” and a consensus target price of $278.73.

NVIDIA News Roundup

Here are the key news stories impacting NVIDIA this week:

• Positive Sentiment: Several Wall Street firms remain bullish ahead of earnings, with KeyBanc, DA Davidson, Morgan Stanley and Wedbush all raising price targets to as high as $300, citing continued momentum from Blackwell and the coming Rubin platform. Article Title
• Positive Sentiment: Coverage continues to point to strong AI datacenter demand and a likely “beat-and-raise” quarter, with analysts and investors expecting another huge revenue print and strong guidance. Article Title
• Positive Sentiment: Hedge-fund filings showing managers such as Tiger Global, Bridgewater, Soros Fund Management and D1 Capital adding to NVDA stakes reinforce institutional confidence in the stock. Article Title
• Neutral Sentiment: Most of the recent news flow is centered on investor positioning and earnings anticipation, including options-market activity, prediction-market bets, and broad media attention ahead of the report. Article Title
• Negative Sentiment: Some commentary warns that expectations are extremely high, the options market is signaling volatility, and any miss or cautious guidance could disappoint investors. Article Title
• Negative Sentiment: Bearish analysis is also emerging around valuation and demand sustainability, with one report arguing that political backlash against data centers and a shift toward more CPU-centric architectures could pressure future GPU demand. Article Title

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.