Exane Asset Management Purchases Shares of 21,769 NVIDIA Corporation $NVDA

Key Points

• Exane Asset Management initiated a new position in NVIDIA, buying 21,769 shares worth about $4.06 million. The stake now represents about 0.9% of Exane’s portfolio and is its 22nd-largest holding.
• Analysts remain broadly bullish on NVIDIA, with a consensus rating of “Buy” and an average price target of $275.25. Recent firms including Jefferies, William Blair, RBC, and Needham all reiterated positive views or raised targets.
• NVIDIA reported strong quarterly results, beating expectations with EPS of $1.62 and revenue of $68.13 billion, up 73.2% year over year. The article also notes significant insider selling, including by CFO Colette Kress and EVP Ajay K. Puri.

Exane Asset Management purchased a new stake in NVIDIA Corporation (NASDAQ:NVDA - Free Report) in the fourth quarter, according to its most recent Form 13F filing with the SEC. The institutional investor purchased 21,769 shares of the computer hardware maker's stock, valued at approximately $4,060,000. NVIDIA comprises approximately 0.9% of Exane Asset Management's portfolio, making the stock its 22nd biggest position.

Several other hedge funds also recently made changes to their positions in NVDA. Longfellow Investment Management Co. LLC grew its position in NVIDIA by 47.9% in the second 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 during the last quarter. Spurstone Advisory Services LLC bought a new position in shares of NVIDIA in the second quarter valued at $40,000. Sellwood Investment Partners LLC acquired a new stake in shares of NVIDIA during the 3rd quarter valued at $50,000. Networth Advisors LLC bought a new stake in shares of NVIDIA during the 4th quarter worth $51,000. Finally, EDENTREE ASSET MANAGEMENT Ltd bought a new stake in shares of NVIDIA during the 2nd quarter worth $54,000. Institutional investors and hedge funds own 65.27% of the company's stock.

Analyst Upgrades and Downgrades

NVDA has been the topic of a number of recent analyst reports. Jefferies Financial Group reaffirmed a "buy" rating and set a $275.00 target price (up from $250.00) on shares of NVIDIA in a research report on Friday, January 16th. William Blair set a $300.00 price target on NVIDIA in a research report on Thursday, March 12th. Fundamental Research set a $218.00 price target on NVIDIA in a research note on Thursday, February 26th. Royal Bank Of Canada restated an "outperform" rating and set a $250.00 price objective on shares of NVIDIA in a report on Tuesday, March 17th. Finally, Needham & Company LLC reaffirmed a "buy" rating and set a $240.00 price objective on shares of NVIDIA in a research note on Wednesday, March 18th. Four research 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 has a consensus rating of "Buy" and a consensus target price of $275.25.

Insider Activity

In other NVIDIA news, CFO Colette Kress sold 42,650 shares of the company's stock in a transaction that occurred on Friday, March 20th. The shares were sold at an average price of $174.89, for a total value of $7,459,058.50. Following the transaction, the chief financial officer owned 881,387 shares in the company, valued at approximately $154,145,772.43. This represents a 4.62% decrease in their position. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is available through the SEC website. Also, EVP Ajay K. Puri sold 300,000 shares of the 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 completion of the sale, the executive vice president 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. The SEC filing for this sale provides additional information. Insiders sold a total of 906,336 shares of company stock valued at $162,802,518 in the last three months. 4.17% of the stock is currently owned by insiders.

NVIDIA Stock Performance

Shares of NVDA stock opened at $215.10 on Friday. The company has a market capitalization of $5.23 trillion, a price-to-earnings ratio of 43.90, a P/E/G ratio of 0.71 and a beta of 2.25. NVIDIA Corporation has a 1-year low of $115.21 and a 1-year high of $217.80. The company has a current ratio of 3.91, a quick ratio of 3.24 and a debt-to-equity ratio of 0.05. The stock's fifty day simple moving average is $187.59 and its 200-day simple moving average is $186.68.

NVIDIA (NASDAQ:NVDA - Get Free Report) last announced its quarterly earnings data on Wednesday, February 25th. The computer hardware maker reported $1.62 earnings per share (EPS) for the quarter, topping 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 firm had revenue of $68.13 billion during the quarter, compared to the consensus estimate of $65.56 billion. During the same period in the prior year, the business earned $0.89 EPS. The business's revenue for the quarter was up 73.2% on a year-over-year basis. On average, sell-side analysts predict that NVIDIA Corporation will post 7.78 earnings per share for the current fiscal year.

NVIDIA Dividend Announcement

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

Key NVIDIA News

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 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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