Carnegie Investment Counsel Trims Stake in NVIDIA Corporation $NVDA

Key Points

• Carnegie Investment Counsel reduced its NVIDIA stake by 0.8% in Q4, selling 5,808 shares to hold 699,594 shares worth $130,474,000, which represents 2.4% of its portfolio and is its fifth-largest holding.
• NVIDIA reported strong fundamentals—$1.62 EPS and $68.13 billion in revenue (up 73.2% year‑over‑year)—trades at a $5.06 trillion market cap, and retains a consensus "Buy" from analysts with elevated price targets (consensus ≈ $275.25).
• Investor risks include notable insider selling and geopolitical/competitive threats: insiders sold nearly 954,000 shares last quarter, and NVDA faces China-exposure and competition from in‑house chips that could pressure future demand or pricing.

Carnegie Investment Counsel reduced its holdings in NVIDIA Corporation (NASDAQ:NVDA - Free Report) by 0.8% in the fourth quarter, according to its most recent filing with the Securities & Exchange Commission. The institutional investor owned 699,594 shares of the computer hardware maker's stock after selling 5,808 shares during the period. NVIDIA makes up 2.4% of Carnegie Investment Counsel's portfolio, making the stock its 5th largest holding. Carnegie Investment Counsel's holdings in NVIDIA were worth $130,474,000 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 grew its stake in shares of NVIDIA by 47.9% in the 2nd 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 in the last quarter. Spurstone Advisory Services LLC purchased a new position in shares of NVIDIA in the 2nd quarter worth $40,000. Sellwood Investment Partners LLC purchased a new position in shares of NVIDIA in the 3rd quarter worth $50,000. Networth Advisors LLC purchased a new position in shares of NVIDIA in the 4th quarter worth $51,000. Finally, EDENTREE ASSET MANAGEMENT Ltd purchased a new position in shares of NVIDIA in the 2nd quarter worth $54,000. 65.27% of the stock is owned by hedge funds and other institutional investors.

More NVIDIA News

Here are the key news stories impacting NVIDIA this week:

• Positive Sentiment: Chip-sector rally led by Intel earnings and record momentum in SOXX lifted NVDA as investors priced stronger, durable demand for AI compute. Nvidia stock closes at record, pushing market cap past $5 trillion
• Positive Sentiment: Heavy call-option buying shows bullish positioning: ~3.87M NVDA calls traded today (~52% above typical call volume), adding momentum from traders expecting further gains.
• Positive Sentiment: Corporate and ecosystem wins — partnerships and tech wins (Oklo/LANL nuclear-powered AI factories, Cadence/TSMC/NVIDIA design alliances, Nemotron hackathon activity) reinforce NVDA’s infrastructure leadership and long-term demand for Blackwell-generation GPUs. NVIDIA (NVDA) Partners With Oklo, LANL to Develop Nuclear-Powered AI Factories
• Neutral Sentiment: Analyst and institutional backdrop remains supportive: numerous buy ratings and high price targets keep upside expectations intact, though some targets already assume aggressive growth. Here's Why Nvidia (NVDA) is a Strong Growth Stock
• Negative Sentiment: China exposure risk: reports that DeepSeek favored Huawei over U.S. chips highlight potential market-share and export-headwind risks in China, a key growth market. Nvidia Chips Are Losing Out in One Key Market. DeepSeek Lays Bare a Missed Opportunity.
• Negative Sentiment: Competitive threats and in-house builds (Google’s AI chips, automakers like NIO developing in-house silicon) could pressure long-term pricing and share in select segments. Stock Market Today, April 24: Nvidia Surges on Soaring AI Chip Demand
• Negative Sentiment: Notable insider selling and discussion about potential stockpiling by customers are watch-items for investors — they can signal lock-up monetization or temporary demand distortions. NVIDIA Stock (NVDA) Opinions on AI Partnerships and Infrastructure Deals

NVIDIA Trading Up 0.0%

NVDA stock opened at $208.28 on Monday. 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 Corporation has a twelve month low of $104.08 and a twelve month high of $212.19. The stock has a market capitalization of $5.06 trillion, a price-to-earnings ratio of 42.51, a price-to-earnings-growth ratio of 0.69 and a beta of 2.34. The firm's fifty day simple moving average is $184.84 and its two-hundred day simple moving average is $185.52.

NVIDIA (NASDAQ:NVDA - Get Free Report) last posted its quarterly earnings data on Wednesday, February 25th. The computer hardware maker reported $1.62 earnings per share 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 quarter in the previous year, the business posted $0.89 earnings per share. The business's revenue was up 73.2% compared to the same quarter last year. As a group, analysts anticipate that NVIDIA Corporation will post 7.77 earnings per share for the current year.

NVIDIA Announces Dividend

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

Analysts Set New Price Targets

A number of brokerages have commented on NVDA. Raymond James Financial lifted their price objective on shares of NVIDIA from $291.00 to $323.00 and gave the stock a "strong-buy" rating in a research note on Thursday, March 19th. Rosenblatt Securities reissued a "buy" rating and issued a $325.00 price objective on shares of NVIDIA in a research note on Monday, March 23rd. Barclays reissued a "buy" rating on shares of NVIDIA in a research note on Thursday, February 26th. Weiss Ratings reiterated a "buy (b)" rating on shares of NVIDIA in a research report on Friday, April 10th. Finally, Jefferies Financial Group reiterated a "buy" rating and set a $275.00 price objective (up from $250.00) on shares of NVIDIA in a research report on Friday, January 16th. Four analysts have rated the stock with a Strong Buy rating, forty-eight have assigned a Buy rating and two have given a Hold rating to the company. According to data from MarketBeat.com, the company presently has a consensus rating of "Buy" and a consensus target price of $275.25.

Insider Transactions at NVIDIA

In other news, Director Mark A. Stevens sold 221,682 shares of the company's stock in a transaction dated 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 transaction, the director directly owned 7,399,771 shares in the company, valued at approximately $1,285,192,227.28. This represents a 2.91% decrease in their ownership of the stock. The transaction was disclosed in a document filed with the SEC, which is accessible through the SEC website. Also, CFO Colette Kress sold 42,650 shares of the company's stock in a transaction dated Friday, March 20th. The stock was sold at an average price of $174.89, for a total transaction of $7,459,058.50. Following the completion of the transaction, the chief financial officer owned 881,387 shares in the company, valued at approximately $154,145,772.43. The trade was a 4.62% decrease in their ownership of the stock. The disclosure for this sale is available in the SEC filing. In the last quarter, insiders sold 953,976 shares of company stock valued at $171,173,819. Company insiders own 4.17% of the company's stock.

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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