Forbes J M & Co. LLP Has $76.90 Million Stake in NVIDIA Corporation $NVDA

Key Points

• Forbes J M & Co. LLP boosted its stake in NVIDIA to 412,326 shares worth $76.90 million, making NVDA its second-largest holding at roughly 6.2% of the firm's portfolio.
• NVIDIA reported a strong quarter—$68.13 billion in revenue (up 73.2% year-over-year) and $1.62 EPS, topping estimates—and analysts maintain a consensus "Buy" with an average price target near $275.25.
• Despite ~65% institutional ownership and analyst bullishness, insiders sold about 1,153,976 shares (~$207 million) over the past three months, a potential volatility or governance flag for investors.

Forbes J M & Co. LLP boosted its stake in NVIDIA Corporation (NASDAQ:NVDA - Free Report) by 0.7% during the 4th quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The institutional investor owned 412,326 shares of the computer hardware maker's stock after acquiring an additional 3,012 shares during the period. NVIDIA accounts for approximately 6.2% of Forbes J M & Co. LLP's holdings, making the stock its 2nd biggest holding. Forbes J M & Co. LLP's holdings in NVIDIA were worth $76,899,000 as of its most recent SEC filing.

Several other institutional investors have also added to or reduced their stakes in the stock. Brighton Jones LLC raised its stake in NVIDIA by 12.4% in the fourth quarter. Brighton Jones LLC now owns 324,901 shares of the computer hardware maker's stock worth $43,631,000 after buying an additional 35,815 shares in the last quarter. Bank Pictet & Cie Europe AG grew its holdings in shares of NVIDIA by 1.0% during the 4th quarter. Bank Pictet & Cie Europe AG now owns 2,346,417 shares of the computer hardware maker's stock worth $315,100,000 after acquiring an additional 22,929 shares during the period. Highview Capital Management LLC DE raised its position in shares of NVIDIA by 6.7% in the 4th quarter. Highview Capital Management LLC DE now owns 58,396 shares of the computer hardware maker's stock worth $7,842,000 after acquiring an additional 3,653 shares in the last quarter. Hudson Value Partners LLC lifted its stake in shares of NVIDIA by 30.7% in the 4th quarter. Hudson Value Partners LLC now owns 50,658 shares of the computer hardware maker's stock valued at $6,805,000 after purchasing an additional 11,900 shares during the period. Finally, Wealth Group Ltd. boosted its position in shares of NVIDIA by 15.7% during the first quarter. Wealth Group Ltd. now owns 6,598 shares of the computer hardware maker's stock valued at $715,000 after purchasing an additional 896 shares in the last quarter. 65.27% of the stock is currently owned by institutional investors.

NVIDIA Stock Performance

Shares of NVDA stock opened at $202.06 on Tuesday. The company has a market capitalization of $4.91 trillion, a price-to-earnings ratio of 41.24, a price-to-earnings-growth ratio of 0.66 and a beta of 2.34. The company has a debt-to-equity ratio of 0.05, a quick ratio of 3.24 and a current ratio of 3.91. NVIDIA Corporation has a one year low of $95.04 and a one year high of $212.19. The company's 50-day moving average is $183.61 and its 200 day moving average is $185.07.

NVIDIA (NASDAQ:NVDA - Get Free Report) last issued its earnings results 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. The business had revenue of $68.13 billion during the quarter, compared to analysts' expectations of $65.56 billion. NVIDIA had a net margin of 55.60% and a return on equity of 97.37%. The business's revenue for the quarter was up 73.2% compared to the same quarter last year. During the same period in the previous year, the company earned $0.89 earnings per share. Sell-side analysts expect that NVIDIA Corporation will post 7.77 EPS for the current fiscal year.

NVIDIA Dividend Announcement

The company also recently disclosed a quarterly dividend, which was paid on Wednesday, April 1st. Investors 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 payout ratio is presently 0.82%.

Wall Street Analyst Weigh In

Several equities analysts have commented on the company. Citigroup initiated coverage on NVIDIA in a research report on Wednesday, April 15th. They set a "buy" rating for the company. Itau BBA Securities reissued a "market perform" rating on shares of NVIDIA in a research report on Thursday, February 26th. Fundamental Research set a $218.00 price objective on shares of NVIDIA in a research note on Thursday, February 26th. Wedbush raised their target price on shares of NVIDIA from $230.00 to $300.00 and gave the company an "outperform" rating in a research note on Tuesday, March 3rd. Finally, Wells Fargo & Company reiterated an "overweight" rating on shares of NVIDIA in a report on Monday, December 29th. Four investment 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 stock. Based on data from MarketBeat.com, the stock has a consensus rating of "Buy" and an average price target of $275.25.

Key NVIDIA News

Here are the key news stories impacting NVIDIA this week:

• Positive Sentiment: NVIDIA rolled out new AI models aimed at quantum/Ising workloads (the "Ising Quantum AI" family), expanding its product roadmap beyond pure GPU hardware and reinforcing Nvidia’s positioning in high‑value, cutting‑edge compute markets. Nvidia Just Launched New AI Models for Quantum Computing
• Positive Sentiment: Supply-side bottlenecks ease as SK Hynix begins mass production of 192GB modules designed for Nvidia’s Vera Rubin platform, which should help downstream GPU system makers scale inference and large‑model deployments. SK hynix Begins Mass Production of 192GB SOCAMM2
• Positive Sentiment: Ecosystem traction: expanded BlackBerry QNX integration with Nvidia’s edge AI platform highlights recurring‑revenue and platform adoption opportunities outside datacenters (automotive/industrial edge). That partnership sent BlackBerry shares higher and signals demand for Nvidia’s software + edge stack. BlackBerry (BB) Stock Rockets 15% on NVIDIA AI Integration Announcement
• Neutral Sentiment: Wall Street support remains strong: firms continue to issue buy/outperform ratings and elevated price targets (median targets well above current levels), reinforcing bullish analyst narratives but leaving valuation questions intact. NVIDIA's (NVDA) Buy Rating Reiterated at Sanford C. Bernstein
• Negative Sentiment: Investor concern about the sustainability of AI capital spending has triggered profit‑taking and a recent sell‑off, as markets reassess whether enterprise AI spending can stay at the pace implied by Nvidia’s run. NVIDIA (NVDA) Sold Off Due to Investor Concerns About AI Capital Spending Sustainability
• Negative Sentiment: Competitive pressure is increasing: Alphabet/Google is scaling inference‑focused chips and partnerships (and Meta has deals reducing Nvidia dependence), which could cap pricing power and market share over time. Google Bets on New Chips to Boost AI Results, Challenging Nvidia
• Negative Sentiment: Corporate governance and liquidity signals: heavy insider selling and large portfolio rebalances by institutions (documented in recent disclosures) are watch‑items that may increase volatility and investor caution. Lobbying Update: $1,460,000 of NVIDIA CORPORATION lobbying was just disclosed

Insiders Place Their Bets

In related news, EVP Ajay K. Puri sold 300,000 shares of the company's stock in a transaction that occurred on Tuesday, March 10th. The stock was sold at an average price of $182.52, for a total value of $54,756,000.00. Following the transaction, the executive vice president directly owned 3,318,547 shares of the company's stock, valued at approximately $605,701,198.44. This represents a 8.29% decrease in their position. The transaction was disclosed in a legal filing with the SEC, which can be accessed through this hyperlink. Also, Director Mark A. Stevens sold 221,682 shares of NVIDIA stock in a transaction on Friday, March 20th. The stock was sold at an average price of $173.68, for a total value of $38,501,729.76. Following the completion of the sale, the director directly owned 7,399,771 shares of the company's stock, valued at approximately $1,285,192,227.28. The trade was a 2.91% decrease in their position. The disclosure for this sale is available in the SEC filing. Insiders sold a total of 1,153,976 shares of company stock worth $207,181,819 in the last three months. Corporate 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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