NVIDIA (NASDAQ:NVDA) Shares Down 3.2% – Here’s Why

Shares of NVIDIA Corporation (NASDAQ:NVDA) traded down 3.2% during trading on Friday . The company traded as low as $171.72 and last traded at $172.7620. 236,032,356 shares changed hands during mid-day trading, an increase of 31% from the average session volume of 180,629,516 shares. The stock had previously closed at $178.56.

Key NVIDIA News

Here are the key news stories impacting NVIDIA this week:

• Positive Sentiment: NVIDIA outlined massive demand and roadmap items at GTC — management projected multi‑year AI revenue upside and highlighted new platforms (Rubin, Blackwell) that expand TAM, supporting long‑term growth expectations. GTC Keynote Projections
• Positive Sentiment: Material demand wins: Reuters reports a deal to sell ~1 million chips to Amazon by end‑2027 — a tangible order flow signal that underpins near‑term revenue visibility. Nvidia to sell 1 million chips to Amazon
• Positive Sentiment: Wall Street remained bullish with multiple buy reiterations and raised price targets after GTC (e.g., Raymond James, Rosenblatt, Bank of America), keeping analyst sentiment supportive of higher levels. Analyst price target changes
• Neutral Sentiment: Strong AI‑cycle ecosystem signals: suppliers like Micron reported blowout results tied to AI memory demand — positive for NVDA demand but can also concentrate market moves across the semiconductor complex. Micron quarter and AI demand
• Negative Sentiment: “Sell‑the‑news” reaction and options flow: NVDA spiked during Jensen Huang’s keynote then pared gains as some traders took profits; post‑GTC heavy call selling and put buying in options markets has amplified near‑term downside pressure. GTC reaction and options flow
• Negative Sentiment: Technical weakness: chart analysts point to a breached long‑term support (“bearish signal”) after the GTC rally failed to sustain — technicals can trigger further selling from momentum players. Bearish technical signal
• Negative Sentiment: Regulatory/headline risk: U.S. prosecutors allege executives diverted Nvidia‑powered systems to China (Super Micro indictment), creating supply/controls scrutiny that can weigh on sentiment. Super Micro/indictment headlines
• Negative Sentiment: Insider selling and large disclosed tax payment: summaries show extensive insider sales recently and a sizable U.S. tax disclosure — both can add to short‑term caution even if fundamentals remain strong. Insider trades & disclosures Tax disclosure

Analysts Set New Price Targets

A number of analysts have recently issued reports on the company. President Capital boosted their price objective on NVIDIA from $240.00 to $245.00 and gave the company a “buy” rating in a research report on Friday, November 28th. Rothschild & Co Redburn raised their target price on NVIDIA from $245.00 to $268.00 and gave the stock a “buy” rating in a research report on Thursday, January 15th. Truist Financial boosted their price target on shares of NVIDIA from $283.00 to $287.00 and gave the company a “buy” rating in a report on Wednesday. William Blair set a $300.00 price objective on shares of NVIDIA in a research note on Thursday, March 12th. Finally, Wedbush raised their price objective on shares of NVIDIA from $230.00 to $300.00 and gave the stock an “outperform” rating in a report on Tuesday, March 3rd. Four analysts have rated the stock with a Strong Buy rating, forty-seven have given a Buy rating and two have issued a Hold rating to the company. According to MarketBeat.com, the company currently has an average rating of “Buy” and an average target price of $275.40.

NVIDIA Trading Down 3.2%

The business has a 50 day simple moving average of $184.84 and a 200 day simple moving average of $184.12. 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 market cap of $4.20 trillion, a price-to-earnings ratio of 35.26, a price-to-earnings-growth ratio of 0.61 and a beta of 2.33.

NVIDIA (NASDAQ:NVDA) last released its quarterly earnings results on Wednesday, February 25th. The computer hardware maker reported $1.62 earnings per share (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 business had revenue of $68.13 billion during the quarter, compared to analysts’ expectations of $65.56 billion. During the same period in the previous year, the business posted $0.89 earnings per share. The firm’s revenue for the quarter was up 73.2% compared to the same quarter last year. As a group, equities analysts forecast that NVIDIA Corporation will post 2.77 EPS for the current year.

NVIDIA Announces Dividend

The business also recently announced a quarterly dividend, which will be paid on Wednesday, April 1st. Stockholders of record on Wednesday, March 11th will be given a dividend of $0.01 per share. This represents a $0.04 dividend on an annualized basis and a dividend yield of 0.0%. The ex-dividend date is Wednesday, March 11th. NVIDIA’s dividend payout ratio is presently 0.82%.

Insider Activity

In other NVIDIA news, EVP Ajay K. Puri sold 300,000 shares of the company’s stock in a transaction on Tuesday, March 10th. The stock was sold at an average price of $182.52, for a total transaction of $54,756,000.00. Following the transaction, the executive vice president owned 3,318,547 shares of the company’s stock, valued at approximately $605,701,198.44. This represents a 8.29% decrease in their position. The transaction was disclosed in a filing with the Securities & Exchange Commission, which can be accessed through the SEC website. Also, Director John Dabiri sold 3,004 shares of the stock in a transaction on 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 owned 14,788 shares in the company, valued at $2,734,301.20. The trade was a 16.88% decrease in their ownership of the stock. Additional details regarding this sale are available in the official SEC disclosure. Insiders have sold 798,284 shares of company stock valued at $146,064,329 over the last three months. 4.17% of the stock is owned by insiders.

Hedge Funds Weigh In On NVIDIA

Large investors have recently made changes to their positions in the company. State Street Corp raised its stake in shares of NVIDIA by 1.2% during the fourth quarter. State Street Corp now owns 991,480,489 shares of the computer hardware maker’s stock worth $184,911,111,000 after buying an additional 11,451,386 shares during the last quarter. Geode Capital Management LLC grew its holdings in NVIDIA by 0.6% during the 4th quarter. Geode Capital Management LLC now owns 588,803,093 shares of the computer hardware maker’s stock worth $109,446,217,000 after acquiring an additional 3,383,441 shares during the period. Norges Bank acquired a new stake in NVIDIA during the 4th quarter worth $62,244,133,000. Bank of America Corp DE raised its position in shares of NVIDIA by 1.5% during the 4th quarter. Bank of America Corp DE now owns 187,181,484 shares of the computer hardware maker’s stock valued at $34,909,347,000 after acquiring an additional 2,849,678 shares during the last quarter. Finally, Legal & General Group Plc raised its position in shares of NVIDIA by 1.5% during the 3rd quarter. Legal & General Group Plc now owns 181,203,035 shares of the computer hardware maker’s stock valued at $33,808,862,000 after acquiring an additional 2,609,560 shares during the last quarter. Institutional investors and hedge funds own 65.27% of the company’s stock.

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.