Asset Advisors Investment Management LLC Decreases Stock Position in NVIDIA Corporation $NVDA

Key Points

• Asset Advisors cut its NVIDIA stake by 39.9% in Q4, selling 33,415 shares and leaving 50,338 shares worth about $9.39 million per its latest 13F filing.
• Significant insider selling has occurred recently — insiders disposed of 953,976 shares (~$171.17 million) over the past 90 days, including notable director sales, leaving insiders with 4.17% ownership.
• NVIDIA beat Q1 estimates (EPS $1.62 vs $1.54; revenue $68.13B vs $65.56B) and analysts remain broadly bullish with an average target of $275.25, though short‑term risks include TSMC supply timing and OpenAI growth concerns ahead of a May 20 webcast.

Asset Advisors Investment Management LLC cut its holdings in NVIDIA Corporation (NASDAQ:NVDA - Free Report) by 39.9% during the 4th quarter, according to its most recent 13F filing with the Securities & Exchange Commission. The institutional investor owned 50,338 shares of the computer hardware maker's stock after selling 33,415 shares during the period. Asset Advisors Investment Management LLC's holdings in NVIDIA were worth $9,388,000 as of its most recent SEC filing.

Other institutional investors and hedge funds have also made changes to their positions in the company. Longfellow Investment Management Co. LLC increased its position in 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 in the last quarter. Spurstone Advisory Services LLC purchased a new stake in NVIDIA during the 2nd quarter worth about $40,000. Sellwood Investment Partners LLC purchased a new stake in NVIDIA during the 3rd quarter worth about $50,000. Networth Advisors LLC purchased a new stake in NVIDIA during the 4th quarter worth about $51,000. Finally, EDENTREE ASSET MANAGEMENT Ltd purchased a new stake in NVIDIA during the 2nd quarter worth about $54,000. 65.27% of the stock is currently owned by hedge funds and other institutional investors.

NVIDIA News Summary

Here are the key news stories impacting NVIDIA this week:

• Positive Sentiment: NVIDIA has expanded enterprise adoption of its Nemotron model family (Nemotron 3 Nano Omni) and customers such as Vultr are deploying the model to cut inference cost and speed multimodal apps — this supports revenue growth in software + inference services beyond GPU sales. Vultr Deploys NVIDIA Nemotron 3 Nano Omni
• Positive Sentiment: Broad analyst optimism and high price targets continue to underpin the stock: multiple buy/outperform ratings and a median analyst target well above current levels give investors a bullish backdrop and support positioning as AI capex ramps. QuiverQuant NVDA analyst and price‑target summary
• Positive Sentiment: NVIDIA continues to win design‑wins in new end markets — Pony AI unveiled a Level‑4 domain controller built on NVIDIA DRIVE (DRIVE AGX Thor/Hyperion), reinforcing NVDA’s automotive TAM beyond data‑center GPUs. NVIDIA Powers Pony AI Autonomous Driving System
• Neutral Sentiment: NVIDIA set a May 20 webcast to report Q1 FY2027 results and will post CFO written commentary — an upcoming earnings print and management commentary can drive short‑term volatility but will clarify the near‑term revenue cadence. NVIDIA Sets Conference Call for First‑Quarter Financial Results
• Neutral Sentiment: TSMC’s control of advanced capacity remains a focal point: strong end‑market demand is clear, but wafer/packaging timing at TSMC can shift when NVIDIA’s chips ship — that supply concentration affects revenue timing and inventory dynamics across the AI stack. AI Demand Is Surging — But Taiwan Semiconductor Is Controlling the Supply
• Negative Sentiment: Reports that OpenAI missed internal growth/revenue goals sparked a chip‑sector pullback and renewed investor concern about the sustainability/timing of some hyperscaler AI spend — that headline risk is pressuring NVDA and peers. Semiconductor Stocks Tumble on OpenAI Warning
• Negative Sentiment: High levels of insider selling (multiple execs and disclosures) and some recent political sell disclosures are fueling short‑term skepticism among retail traders and can amplify downdrafts during news shocks. QuiverQuant NVDA price dip and insider activity

Insider Transactions at NVIDIA

In other NVIDIA news, Director John Dabiri sold 3,004 shares of the company's stock in a transaction that occurred on Friday, March 13th. The stock was 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. This represents a 16.88% decrease in their position. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is available through the SEC website. Also, Director Aarti S. Shah sold 19,000 shares of the company's stock in a transaction that occurred on Thursday, March 19th. The shares were sold at an average price of $176.71, for a total value of $3,357,490.00. Following the completion of the transaction, the director directly owned 36,007 shares in the company, valued at approximately $6,362,796.97. The trade was a 34.54% decrease in their ownership of the stock. The disclosure for this sale is available in the SEC filing. Insiders have sold 953,976 shares of company stock worth $171,173,819 over the last 90 days. 4.17% of the stock is owned by corporate insiders.

Analysts Set New Price Targets

A number of analysts recently commented on the company. Sanford C. Bernstein reiterated a "buy" rating on shares of NVIDIA in a research report on Friday, April 17th. Benchmark reiterated a "buy" rating and set a $250.00 price objective on shares of NVIDIA in a research report on Tuesday, March 31st. Wall Street Zen cut NVIDIA from a "strong-buy" rating to a "buy" rating in a report on Sunday. Needham & Company LLC restated a "buy" rating and issued a $240.00 price target on shares of NVIDIA in a report on Wednesday, March 18th. Finally, Tigress Financial restated a "strong-buy" rating and issued a $360.00 price target (up from $350.00) on shares of NVIDIA in a report on Thursday, March 5th. Four equities research analysts have rated the stock with a Strong Buy rating, forty-eight have issued a Buy rating and two have assigned a Hold rating to the company. Based on data from MarketBeat, NVIDIA has an average rating of "Buy" and an average target price of $275.25.

NVIDIA Stock Down 1.8%

NASDAQ NVDA opened at $209.25 on Thursday. The stock has a market cap of $5.08 trillion, a PE ratio of 42.70, a P/E/G ratio of 0.71 and a beta of 2.34. NVIDIA Corporation has a fifty-two week low of $104.08 and a fifty-two week high of $216.82. The business has a 50 day moving average price of $186.51 and a two-hundred day moving average price of $186.06. The company has a quick ratio of 3.24, a current ratio of 3.91 and a debt-to-equity ratio of 0.05.

NVIDIA (NASDAQ:NVDA - Get Free Report) last released its quarterly earnings results on Wednesday, February 25th. The computer hardware maker reported $1.62 earnings per share for the quarter, topping analysts' consensus estimates of $1.54 by $0.08. The firm had revenue of $68.13 billion during the quarter, compared to analysts' expectations of $65.56 billion. NVIDIA had a return on equity of 97.37% and a net margin of 55.60%.NVIDIA's quarterly revenue was up 73.2% compared to the same quarter last year. During the same quarter in the prior year, the business earned $0.89 EPS. As a group, sell-side analysts predict that NVIDIA Corporation will post 7.77 EPS for the current fiscal year.

NVIDIA Dividend Announcement

The business also recently declared a quarterly dividend, which was paid on Wednesday, April 1st. Shareholders of record on Wednesday, March 11th were issued a $0.01 dividend. This represents a $0.04 dividend on an annualized basis and a yield of 0.0%. The ex-dividend date was Wednesday, March 11th. NVIDIA's dividend payout ratio is currently 0.82%.

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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