55 North Private Wealth LLC Takes $5.91 Million Position in NVIDIA Corporation $NVDA

Key Points

• 55 North Private Wealth LLC disclosed a new fourth-quarter stake in NVIDIA, buying 31,679 shares valued at about $5.91 million. The position now makes up roughly 1.6% of the firm’s holdings.
• Institutional interest remains strong, with hedge funds and other investors owning 65.27% of NVIDIA shares. At the same time, insiders have sold shares recently, including EVP Ajay K. Puri and Director Mark A. Stevens.
• NVIDIA continues to draw bullish analyst support after strong quarterly results, with earnings and revenue both beating estimates. Analysts’ consensus rating remains “Buy,” with an average price target of $275.25.

55 North Private Wealth LLC purchased a new stake in shares of NVIDIA Corporation (NASDAQ:NVDA - Free Report) during the fourth quarter, according to the company in its most recent filing with the Securities and Exchange Commission (SEC). The fund purchased 31,679 shares of the computer hardware maker's stock, valued at approximately $5,908,000. NVIDIA makes up approximately 1.6% of 55 North Private Wealth LLC's holdings, making the stock its 11th biggest holding.

A number of other institutional investors and hedge funds have also modified their holdings of NVDA. Longfellow Investment Management Co. LLC lifted its position in shares of NVIDIA by 47.9% during the 2nd quarter. Longfellow Investment Management Co. LLC now owns 207 shares of the computer hardware maker's stock worth $33,000 after purchasing an additional 67 shares during the last quarter. Spurstone Advisory Services LLC bought a new position in NVIDIA during the second quarter valued at about $40,000. Sellwood Investment Partners LLC bought a new position in NVIDIA during the third quarter valued at about $50,000. Networth Advisors LLC bought a new position in NVIDIA during the fourth quarter valued at about $51,000. Finally, EDENTREE ASSET MANAGEMENT Ltd bought a new position in NVIDIA during the second quarter valued at about $54,000. Hedge funds and other institutional investors own 65.27% of the company's stock.

Insiders Place Their Bets

In other news, EVP Ajay K. Puri sold 300,000 shares of the business's stock in a transaction that occurred on Wednesday, March 18th. The stock was sold at an average price of $182.25, for a total value of $54,675,000.00. Following the transaction, the executive vice president directly owned 3,018,547 shares of the company's stock, valued at $550,130,190.75. The trade was a 9.04% decrease in their position. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which is available through the SEC website. Also, Director Mark A. Stevens sold 221,682 shares of the business's stock in a transaction that occurred on Friday, March 20th. The stock was sold at an average price of $173.68, for a total value 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. 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 worth $162,802,518 over the last ninety days. 4.17% of the stock is owned by insiders.

Analysts Set New Price Targets

NVDA has been the topic of several research reports. Rosenblatt Securities restated a "buy" rating and set a $325.00 price target on shares of NVIDIA in a research note on Monday, March 23rd. Piper Sandler restated an "overweight" rating on shares of NVIDIA in a research note on Thursday, February 26th. Royal Bank Of Canada restated an "outperform" rating and set a $250.00 price target on shares of NVIDIA in a research note on Tuesday, March 17th. Benchmark restated a "buy" rating and set a $250.00 price target on shares of NVIDIA in a research note on Tuesday, March 31st. Finally, Robert W. Baird boosted their price target on NVIDIA from $275.00 to $300.00 and gave the company an "outperform" rating in a research note on Thursday, February 26th. Four analysts have rated the stock with a Strong Buy rating, forty-eight have assigned a Buy rating and two have issued a Hold rating to the company's stock. According to data from MarketBeat.com, the company has an average rating of "Buy" and a consensus target price of $275.25.

NVIDIA Trading Down 0.0%

NVDA stock opened at $215.10 on Monday. NVIDIA Corporation has a 1-year low of $115.21 and a 1-year high of $217.80. The firm has a market cap of $5.23 trillion, a P/E ratio of 43.90, a P/E/G ratio of 0.71 and a beta of 2.25. The business's 50 day moving average is $187.59 and its 200-day moving average is $186.68. 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 - Get Free Report) last released its quarterly earnings data on Wednesday, February 25th. The computer hardware maker reported $1.62 earnings per share for the quarter, beating the consensus estimate of $1.54 by $0.08. NVIDIA had a return on equity of 97.37% and a net margin of 55.60%.The company had revenue of $68.13 billion for the quarter, compared to analyst estimates of $65.56 billion. During the same period in the prior year, the company posted $0.89 EPS. The company's revenue was up 73.2% compared to the same quarter last year. Equities analysts anticipate that NVIDIA Corporation will post 7.78 earnings per share for the current fiscal year.

NVIDIA Announces Dividend

The firm also recently announced a quarterly dividend, which was paid on Wednesday, April 1st. Stockholders of record on Wednesday, March 11th were issued a $0.01 dividend. This represents a $0.04 annualized dividend and a dividend yield of 0.0%. The ex-dividend date of this dividend was Wednesday, March 11th. NVIDIA's payout ratio is presently 0.82%.

Key Stories Impacting NVIDIA

Here are the key news stories impacting NVIDIA this week:

• Positive Sentiment: NVIDIA announced Suzanne Nora Johnson, former Goldman Sachs vice chairman, will join its board in July, a move that adds high-profile governance and financial expertise. NVIDIA Names Suzanne Nora Johnson to Board of Directors
• Positive Sentiment: The company expanded its AI infrastructure footprint with a strategic partnership and potential $2.1 billion investment in IREN, tied to up to 5 gigawatts of AI data-center capacity. Nvidia to invest up to $2.1 billion in IREN as part of AI data center deal
• Positive Sentiment: NVIDIA also struck a major partnership with Corning to expand U.S. optical fiber manufacturing for AI data centers, reinforcing demand for its hardware and networking stack. Nvidia funds construction of Corning plants, in addition to equity investment
• Positive Sentiment: Several reports highlighted continued enterprise AI adoption and upbeat commentary on NVIDIA’s long-term growth, including a view that the stock still has room to run ahead of earnings later this month. NVIDIA (NVDA) Gains Another Enterprise AI Win As Adoption Continues To Expand
• Neutral Sentiment: Some articles framed NVIDIA as expensive or underperforming relative to the semiconductor group, suggesting investors are watching for whether recent gains can hold through earnings and broader sector rotation. Here's just how much Nvidia has been left behind in the extreme semiconductor rally
• Negative Sentiment: Reports about suspected smuggling of NVIDIA chips to China through Thailand add regulatory and geopolitical risk around the company’s supply chain and international sales exposure. US suspects Nvidia chips smuggled to Alibaba via Thailand, Bloomberg News reports
• Negative Sentiment: One recurring concern is that capital and investor attention are spreading across other AI names like Intel, AMD, Micron, and memory suppliers, which could temper NVIDIA’s relative performance even if AI demand stays strong. Wall Street sees 'changing of the guard in AI' as Intel, AMD shares soar while Nvidia lags

NVIDIA Company Profile

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.

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