Coquina Private Wealth LLC Makes New Investment in NVIDIA Corporation $NVDA

Key Points

• Coquina Private Wealth LLC opened a new position in NVIDIA during the fourth quarter, buying 27,810 shares valued at about $5.19 million. NVIDIA now makes up 4.2% of the firm’s portfolio and is its fourth-largest holding.
• Institutional investors remain heavily invested in NVIDIA, with major firms like State Street, Geode Capital, Norges Bank, and others adding to or taking stakes in the stock. Overall, 65.27% of NVIDIA shares are held by institutions and hedge funds.
• Analysts continue to be bullish on NVIDIA ahead of earnings, with multiple firms raising price targets and maintaining buy ratings. MarketBeat reports a consensus Buy rating and an average price target of $278.73.

Coquina Private Wealth LLC purchased a new stake in NVIDIA Corporation (NASDAQ:NVDA - Free Report) during the 4th quarter, according to its most recent disclosure with the Securities & Exchange Commission. The firm purchased 27,810 shares of the computer hardware maker's stock, valued at approximately $5,187,000. NVIDIA comprises 4.2% of Coquina Private Wealth LLC's investment portfolio, making the stock its 4th biggest holding.

Several other hedge funds and other institutional investors also recently made changes to their positions in the business. State Street Corp grew its position in shares of 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 purchasing an additional 9,554,857 shares during the last quarter. Geode Capital Management LLC grew its position in shares of NVIDIA by 1.5% in the second quarter. Geode Capital Management LLC now owns 579,213,497 shares of the computer hardware maker's stock valued at $91,150,170,000 after purchasing an additional 8,521,936 shares during the last quarter. Norges Bank acquired a new stake in shares of NVIDIA in the second quarter valued at about $51,386,863,000. Legal & General Group Plc grew its position in shares of NVIDIA by 1.5% in the third 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 purchasing an additional 2,609,560 shares during the last quarter. Finally, Capital Research Global Investors grew its position in shares of NVIDIA by 16.1% in the third quarter. Capital Research Global Investors now owns 165,377,852 shares of the computer hardware maker's stock valued at $30,855,564,000 after purchasing an additional 22,896,705 shares during the last quarter. 65.27% of the stock is owned by institutional investors and hedge funds.

Wall Street Analysts Forecast Growth

NVDA has been the topic of several research analyst reports. Rosenblatt Securities reaffirmed a "buy" rating and issued a $325.00 price target on shares of NVIDIA in a research report on Monday, March 23rd. Benchmark reiterated a "buy" rating and issued a $250.00 target price on shares of NVIDIA in a research note on Tuesday, March 31st. Citigroup initiated coverage on shares of NVIDIA in a research note on Wednesday, April 15th. They issued a "buy" rating for the company. Bank of America increased their target price on shares of NVIDIA from $300.00 to $320.00 and gave the company a "buy" rating in a research note on Wednesday, May 13th. Finally, Morgan Stanley increased their target price on shares of NVIDIA from $260.00 to $285.00 and gave the company an "overweight" rating in a research note on Monday. Four analysts have rated the stock with a Strong Buy rating, forty-eight have assigned a Buy rating and two have assigned a Hold rating to the company. Based on data from MarketBeat.com, the company has a consensus rating of "Buy" and a consensus price target of $278.73.

NVIDIA News Roundup

Here are the key news stories impacting NVIDIA this week:

• Positive Sentiment: Several Wall Street firms remain bullish ahead of earnings, with KeyBanc, DA Davidson, Morgan Stanley and Wedbush all raising price targets to as high as $300, citing continued momentum from Blackwell and the coming Rubin platform. Article Title
• Positive Sentiment: Coverage continues to point to strong AI datacenter demand and a likely “beat-and-raise” quarter, with analysts and investors expecting another huge revenue print and strong guidance. Article Title
• Positive Sentiment: Hedge-fund filings showing managers such as Tiger Global, Bridgewater, Soros Fund Management and D1 Capital adding to NVDA stakes reinforce institutional confidence in the stock. Article Title
• Neutral Sentiment: Most of the recent news flow is centered on investor positioning and earnings anticipation, including options-market activity, prediction-market bets, and broad media attention ahead of the report. Article Title
• Negative Sentiment: Some commentary warns that expectations are extremely high, the options market is signaling volatility, and any miss or cautious guidance could disappoint investors. Article Title
• Negative Sentiment: Bearish analysis is also emerging around valuation and demand sustainability, with one report arguing that political backlash against data centers and a shift toward more CPU-centric architectures could pressure future GPU demand. Article Title

NVIDIA Trading Down 1.3%

NVDA stock opened at $222.32 on Tuesday. NVIDIA Corporation has a 1-year low of $129.16 and a 1-year high of $236.54. The firm has a market cap of $5.38 trillion, a P/E ratio of 45.37, a P/E/G ratio of 0.70 and a beta of 2.25. The business's 50 day moving average is $193.14 and its 200-day moving average is $188.51. 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 7.84 earnings per share for the current fiscal year.

NVIDIA Announces Dividend

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

Insider Activity at NVIDIA

In other news, Director Aarti S. Shah sold 19,000 shares of the firm'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 transaction of $3,357,490.00. Following the completion of the sale, the director owned 36,007 shares of the company's stock, valued at approximately $6,362,796.97. This trade represents a 34.54% decrease in their ownership of the stock. The transaction was disclosed in a filing with the SEC, which is accessible through this link. Also, EVP Ajay K. Puri sold 300,000 shares of the firm'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 transaction of $54,675,000.00. Following the sale, the executive vice president directly owned 3,018,547 shares of the company's stock, valued at approximately $550,130,190.75. The trade was a 9.04% decrease in their position. Additional details regarding this sale are available in the official SEC disclosure. In the last quarter, insiders have sold 906,336 shares of company stock valued at $162,802,518. Insiders own 4.17% of the company's stock.

NVIDIA 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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