Hardman Johnston Global Advisors LLC Sells 55,182 Shares of NVIDIA Corporation $NVDA

Hardman Johnston Global Advisors LLC cut its holdings in NVIDIA Corporation (NASDAQ:NVDA - Free Report) by 9.5% during the fourth quarter, according to the company in its most recent Form 13F filing with the SEC. The firm owned 522,756 shares of the computer hardware maker's stock after selling 55,182 shares during the quarter. NVIDIA comprises approximately 4.6% of Hardman Johnston Global Advisors LLC's portfolio, making the stock its 7th largest holding. Hardman Johnston Global Advisors LLC's holdings in NVIDIA were worth $97,494,000 as of its most recent SEC filing.

Other institutional investors also recently bought and sold shares of the company. Longfellow Investment Management Co. LLC increased its stake 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 valued at $33,000 after purchasing an additional 67 shares during the period. Spurstone Advisory Services LLC acquired a new position in NVIDIA in the second quarter valued at $40,000. Sellwood Investment Partners LLC acquired a new position in NVIDIA in the third quarter valued at $50,000. Networth Advisors LLC acquired a new position in NVIDIA in the fourth quarter valued at $51,000. Finally, EDENTREE ASSET MANAGEMENT Ltd acquired a new position in NVIDIA in the second quarter valued at $54,000. 65.27% of the stock is currently owned by institutional investors and hedge funds.

Analyst Upgrades and Downgrades

A number of research firms have commented on NVDA. KeyCorp restated an "overweight" rating and issued a $275.00 price objective on shares of NVIDIA in a research note on Tuesday, March 17th. Wolfe Research lifted their price objective on shares of NVIDIA from $250.00 to $275.00 and gave the company an "outperform" rating in a research note on Friday, January 30th. Rothschild & Co Redburn lifted their target price on shares of NVIDIA from $245.00 to $268.00 and gave the company a "buy" rating in a report on Thursday, January 15th. Rosenblatt Securities reaffirmed a "buy" rating and issued a $325.00 target price on shares of NVIDIA in a report on Monday, March 23rd. Finally, Weiss Ratings reaffirmed a "buy (b)" rating on shares of NVIDIA in a report on Friday, April 10th. 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. Based on data from MarketBeat.com, the stock presently has an average rating of "Buy" and an average price target of $275.25.

Insider Activity

In related news, Director Mark A. Stevens sold 221,682 shares of the business's stock in a transaction dated Friday, March 20th. The shares were sold at an average price of $173.68, for a total transaction of $38,501,729.76. Following the sale, the director 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 ownership of the stock. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is available at this link. Also, Director John Dabiri sold 3,004 shares of the business's stock in a transaction dated Friday, March 13th. The stock was sold at an average price of $184.90, for a total transaction of $555,439.60. Following the sale, the director directly owned 14,788 shares in the company, valued at approximately $2,734,301.20. This represents a 16.88% decrease in their position. The SEC filing for this sale provides additional information. Insiders have sold 953,976 shares of company stock valued at $171,173,819 in the last quarter. Insiders own 4.17% of the company's stock.

NVIDIA News Summary

Here are the key news stories impacting NVIDIA this week:

• Positive Sentiment: Product and ecosystem wins continue to support NVDA’s revenue durability — cloud provider Vultr said it will deploy NVIDIA’s Nemotron 3 Nano Omni for multimodal inference, extending adoption of NVIDIA models and serverless inference offerings. Read More.
• Positive Sentiment: Product platform strength: Analysts point to the Blackwell platform and Rubin chips as drivers of continued data‑center growth and margin expansion, supporting the long‑term revenue outlook. Read More.
• Positive Sentiment: Institutional/analyst support remains heavy — Bank of America and other firms keep bullish ratings and price targets, and a large institutional filing shows Alecta added shares, signaling continued institutional appetite. Read More. Read More.
• Neutral Sentiment: Options and derivatives activity show traders are pricing a re‑test of recent highs — heavy call/put flows mean volatility is elevated and short‑term moves can be amplified. Read More.
• Neutral Sentiment: Macro/structural view: several analysts argue AI demand is structural (not cyclical) though near‑term valuation and capex digestion remain concerns — this supports a buy‑and‑hold case but warns of short‑term swings. Read More.
• Negative Sentiment: OpenAI stumble sparked the selloff — reports that OpenAI missed internal growth/revenue targets triggered a broad chip‑stock pullback today, directly pressuring NVDA as a top AI‑infrastructure supplier. Read More.
• Negative Sentiment: Competitive and capex risks: coverage highlights the rise of custom silicon (TPUs, in‑house chips) and the risk of capex digestion — these can blunt NVDA’s near‑term share gains if hyperscalers substitute GPUs. Read More.
• Negative Sentiment: Large insider and institutional sales have been reported in filings (some selling is planned/10b5‑1), which can add to headline noise and amplify pullbacks even if long‑term demand remains intact. Read More.

NVIDIA Stock Down 1.5%

Shares of NASDAQ:NVDA opened at $213.42 on Wednesday. The company has a market cap of $5.19 trillion, a price-to-earnings ratio of 43.56, a PEG ratio of 0.71 and a beta of 2.34. The firm's 50-day simple moving average is $186.09 and its 200-day simple moving average is $185.90. 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 fifty-two week low of $104.08 and a fifty-two week high of $216.82.

NVIDIA (NASDAQ:NVDA - Get Free Report) last released its quarterly earnings data 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 firm had revenue of $68.13 billion for the quarter, compared to the consensus estimate of $65.56 billion. NVIDIA had a net margin of 55.60% and a return on equity of 97.37%. The firm's revenue was up 73.2% on a year-over-year basis. During the same quarter in the previous year, the firm earned $0.89 earnings per share. As a group, equities research analysts predict that NVIDIA Corporation will post 7.77 earnings per share for the current year.

NVIDIA Announces Dividend

The business also recently disclosed 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. The ex-dividend date of this dividend was Wednesday, March 11th. This represents a $0.04 dividend on an annualized basis and a yield of 0.0%. NVIDIA's payout ratio is currently 0.82%.

About NVIDIA

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.

Want to see what other hedge funds are holding NVDA? Visit HoldingsChannel.com to get the latest 13F filings and insider trades for NVIDIA Corporation (NASDAQ:NVDA - Free Report).

This instant news alert was generated by narrative science technology and financial data from MarketBeat in order to provide readers with the fastest reporting and unbiased coverage. Please send any questions or comments about this story to contact@marketbeat.com.