Elm3 Financial Group LLC Lowers Holdings in NVIDIA Corporation $NVDA

Key Points

• Elm3 Financial Group trimmed its position in NVIDIA by 6.6% in Q4, selling 2,983 shares and ending the period with 42,530 shares worth about $7.93 million, making NVDA its second-largest holding (~6.6% of its portfolio).
• Big institutional moves and insider selling framed the period: Norges Bank opened a new position (~$51.4 billion), Capital Research dramatically increased its stake, institutional ownership is ~65.3%, while insiders sold ~953,976 shares (~$171.2 million) over the last 90 days (insiders own 4.17%).
• NVIDIA beat estimates for the quarter with $1.62 EPS vs. $1.54 expected and $68.13 billion revenue (up 73.2% YoY); the stock has a market cap near $5.06 trillion and was up about 4.3% on the latest trading day.

Elm3 Financial Group LLC trimmed its position in shares of NVIDIA Corporation (NASDAQ:NVDA - Free Report) by 6.6% during the 4th quarter, according to its most recent Form 13F filing with the Securities & Exchange Commission. The firm owned 42,530 shares of the computer hardware maker's stock after selling 2,983 shares during the period. NVIDIA makes up approximately 6.6% of Elm3 Financial Group LLC's holdings, making the stock its 2nd largest holding. Elm3 Financial Group LLC's holdings in NVIDIA were worth $7,932,000 at the end of the most recent reporting period.

Other institutional investors and hedge funds have also recently added to or reduced their stakes in the company. Norges Bank acquired a new position in shares of NVIDIA in the 2nd quarter worth approximately $51,386,863,000. Capital Research Global Investors lifted its position in shares of NVIDIA by 16.1% during the 3rd quarter. Capital Research Global Investors now owns 165,377,852 shares of the computer hardware maker's stock worth $30,855,564,000 after buying an additional 22,896,705 shares during the period. Laurel Wealth Advisors LLC lifted its position in shares of NVIDIA by 15,496.1% during the 2nd quarter. Laurel Wealth Advisors LLC now owns 21,865,525 shares of the computer hardware maker's stock worth $3,454,534,000 after buying an additional 21,725,326 shares during the period. Danske Bank A S bought a new position in shares of NVIDIA during the 3rd quarter worth approximately $3,180,313,000. Finally, Massachusetts Financial Services Co. MA lifted its position in shares of NVIDIA by 25.0% during the 3rd quarter. Massachusetts Financial Services Co. MA now owns 71,720,593 shares of the computer hardware maker's stock worth $13,381,628,000 after buying an additional 14,358,048 shares during the period. 65.27% of the stock is currently owned by 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

Insider Buying and Selling at NVIDIA

In other NVIDIA news, Director Mark A. Stevens sold 221,682 shares of the company's stock in a transaction on Friday, March 20th. The stock was sold at an average price of $173.68, for a total transaction of $38,501,729.76. Following the transaction, the director owned 7,399,771 shares of the company's stock, valued at approximately $1,285,192,227.28. This represents a 2.91% decrease in their position. The transaction was disclosed in a filing with the Securities & Exchange Commission, which can be accessed through the SEC website. Also, EVP Ajay K. Puri sold 300,000 shares of the company's stock in a transaction 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 in the company, valued at approximately $550,130,190.75. This represents a 9.04% decrease in their position. The SEC filing for this sale provides additional information. Insiders sold 953,976 shares of company stock worth $171,173,819 over the last 90 days. Company insiders own 4.17% of the company's stock.

NVIDIA Stock Up 4.3%

NASDAQ NVDA opened at $208.28 on Friday. The firm has a market cap of $5.06 trillion, a PE ratio of 42.51, a price-to-earnings-growth ratio of 0.66 and a beta of 2.34. NVIDIA Corporation has a one year low of $104.08 and a one year high of $212.19. The stock's 50 day simple moving average is $184.84 and its 200 day simple moving average is $185.54. The company has a debt-to-equity ratio of 0.05, a current ratio of 3.91 and a quick ratio of 3.24.

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

NVIDIA Dividend Announcement

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

Analysts Set New Price Targets

Several research firms recently commented on NVDA. Robert W. Baird raised their target price on NVIDIA from $275.00 to $300.00 and gave the stock an "outperform" rating in a research report on Thursday, February 26th. The Goldman Sachs Group set a $250.00 target price on NVIDIA and gave the stock a "buy" rating in a research report on Wednesday, February 25th. Citigroup began coverage on NVIDIA in a research report on Wednesday, April 15th. They set a "buy" rating for the company. Stifel Nicolaus set a $250.00 target price on NVIDIA in a research report on Thursday, January 8th. Finally, Benchmark restated a "buy" rating and set a $250.00 target price on shares of NVIDIA in a research report on Tuesday, March 31st. Four analysts have rated the stock with a Strong Buy rating, forty-eight have issued a Buy rating and two have given a Hold rating to the company's stock. According to MarketBeat, the stock presently has an average rating of "Buy" and a consensus price target of $275.25.

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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