NVIDIA Corporation $NVDA Position Raised by Legacy Capital Group California Inc.

Legacy Capital Group California Inc. grew its position in NVIDIA Corporation (NASDAQ:NVDA) by 3.0% during the third quarter, according to its most recent filing with the Securities and Exchange Commission. The institutional investor owned 108,180 shares of the computer hardware maker’s stock after purchasing an additional 3,178 shares during the quarter. NVIDIA makes up 5.1% of Legacy Capital Group California Inc.’s investment portfolio, making the stock its 2nd largest position. Legacy Capital Group California Inc.’s holdings in NVIDIA were worth $20,184,000 at the end of the most recent quarter.

Other institutional investors have also modified their holdings of the company. State Street Corp increased its holdings in NVIDIA by 1.0% in the second quarter. State Street Corp now owns 978,208,862 shares of the computer hardware maker’s stock valued at $154,556,803,000 after buying an additional 9,554,857 shares during the last quarter. Geode Capital Management LLC lifted its holdings in NVIDIA by 1.5% during the 2nd quarter. Geode Capital Management LLC now owns 579,213,497 shares of the computer hardware maker’s stock worth $91,150,170,000 after buying an additional 8,521,936 shares during the last quarter. Norges Bank acquired a new position in shares of NVIDIA during the 2nd quarter worth about $51,386,863,000. Legal & General Group Plc boosted its position in shares of NVIDIA by 1.5% during the 2nd quarter. Legal & General Group Plc now owns 178,593,475 shares of the computer hardware maker’s stock worth $28,215,983,000 after acquiring an additional 2,623,678 shares in the last quarter. Finally, Charles Schwab Investment Management Inc. increased its holdings in shares of NVIDIA by 2.8% in the 2nd quarter. Charles Schwab Investment Management Inc. now owns 155,668,775 shares of the computer hardware maker’s stock valued at $24,594,110,000 after acquiring an additional 4,209,423 shares during the last quarter. 65.27% of the stock is owned by hedge funds and other institutional investors.

Analyst Ratings Changes

Several equities research analysts recently weighed in on NVDA shares. Bank of America boosted their target price on NVIDIA from $275.00 to $300.00 and gave the stock a “buy” rating in a research note on Thursday, February 26th. Benchmark reiterated a “buy” rating and issued a $250.00 price target on shares of NVIDIA in a research note on Thursday, February 26th. Rosenblatt Securities raised their price objective on shares of NVIDIA from $245.00 to $300.00 and gave the stock a “buy” rating in a report on Thursday, February 26th. Seaport Research Partners boosted their price objective on shares of NVIDIA from $100.00 to $140.00 and gave the stock a “sell” rating in a research report on Monday, November 17th. Finally, Weiss Ratings restated a “buy (b-)” rating on shares of NVIDIA in a report on Monday, December 29th. Four research 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 stock. According to data from MarketBeat.com, the stock presently has a consensus rating of “Buy” and an average price target of $274.21.

NVIDIA Price Performance

NVDA stock opened at $183.16 on Friday. The company has a market capitalization of $4.45 trillion, a P/E ratio of 37.38, a PEG ratio of 0.63 and a beta of 2.33. NVIDIA Corporation has a twelve month low of $86.62 and a twelve month high of $212.19. The business has a 50 day simple moving average of $185.52 and a 200-day simple moving average of $184.07. The company has a current ratio of 3.91, a quick ratio of 3.24 and a debt-to-equity ratio of 0.05.

NVIDIA (NASDAQ:NVDA) last announced 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 net margin of 55.60% and a return on equity of 97.37%. The business had revenue of $68.13 billion for the quarter, compared to analysts’ expectations of $65.56 billion. During the same period in the previous year, the company posted $0.89 EPS. The company’s quarterly revenue was up 73.2% on a year-over-year basis. As a group, equities analysts anticipate that NVIDIA Corporation will post 2.77 EPS for the current year.

NVIDIA Announces Dividend

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

Key Headlines Impacting NVIDIA

Here are the key news stories impacting NVIDIA this week:

• Positive Sentiment: NVIDIA announced a $2 billion strategic investment in Nebius to build hyperscale AI cloud capacity (multi‑GW deployments by 2030), validating long‑term GPU demand and prompting a strong rally in Nebius. Nvidia to invest $2 billion in AI cloud firm Nebius
• Positive Sentiment: NVIDIA released Nemotron 3 Super, an advanced open AI model aimed at agentic AI — a move that expands software/IP monetization and increases demand for its data‑center GPUs. NVIDIA Releases New Nemotron 3 Super Model
• Positive Sentiment: New partnerships and ecosystem wins (Thinking Machines Lab compute commitments; startups like Scintil Photonics moving to customer testing) deepen demand visibility for NVIDIA’s Vera/Rubin systems and optical interconnect roadmap. NVIDIA Enters Partnership With Thinking Machines Lab
• Neutral Sentiment: Investors are watching the upcoming GTC conference as a potential catalyst for product announcements and guidance — it could swing sentiment either way. Nvidia stock stuck below $190: can GTC event be a catalyst?
• Neutral Sentiment: Broader market volatility and geopolitics (oil price swings, CPI noise) are capping risk appetite for high‑beta mega‑cap tech names like NVDA. Dow Jones Futures Fall; Crude Oil Prices Top $90
• Negative Sentiment: Reports say the U.S. Commerce Dept. is drafting rules that would require permits for AI chip exports — a policy that could materially constrain NVIDIA’s global sales and cloud deployments if implemented. US Mulling Rule Requiring Permits for NVIDIA Global AI Chip Sales
• Negative Sentiment: An EVP executed a large sale (300,000 shares), and analysts/press note some investors are booking profits after recent gains — both contribute to near‑term selling pressure. NVIDIA EVP Sells $54,756,000.00 in Stock
• Negative Sentiment: High‑profile criticism (e.g., Michael Burry’s remarks) and heightened headline risk can amplify short‑term bearish flows, even as fundamentals remain strong. Michael Burry warns Nvidia ‘is mafia-like’

Insider Buying and Selling at NVIDIA

In related news, EVP Ajay K. Puri sold 300,000 shares of the firm’s stock in a transaction dated 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 $605,701,198.44. This trade represents a 8.29% decrease in their ownership of the stock. The transaction was disclosed in a filing with the SEC, which is available through this link. Also, Director Harvey C. Jones sold 250,000 shares of the company’s stock in a transaction that occurred on Monday, December 15th. The shares were sold at an average price of $177.33, for a total value of $44,332,500.00. Following the sale, the director directly owned 6,933,280 shares of the company’s stock, valued at approximately $1,229,478,542.40. This represents a 3.48% decrease in their ownership of the stock. The disclosure for this sale is available in the SEC filing. In the last three months, insiders have sold 1,267,780 shares of company stock valued at $229,929,215. Company insiders own 4.17% 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.