Hartford Financial Management Inc. Has $13.23 Million Stock Position in NVIDIA Corporation $NVDA

Key Points

• Hartford Financial Management increased its stake in NVIDIA by 4.6% to 70,937 shares, a position valued at $13.23 million that represents about 3.4% of the fund and is its 7th largest holding.
• NVIDIA beat quarterly expectations, reporting $1.62 EPS versus $1.54 expected and revenue of $68.13 billion (up 73.2% year-over-year) with very high profitability (net margin 55.6%).
• Significant insider selling has occurred recently — insiders sold 953,976 shares worth about $171.2 million in the last 90 days (including a large sale by Director Mark A. Stevens), though insiders still own 4.17% of the company.

Hartford Financial Management Inc. raised its position in NVIDIA Corporation (NASDAQ:NVDA - Free Report) by 4.6% in the 4th quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission. The fund owned 70,937 shares of the computer hardware maker's stock after purchasing an additional 3,109 shares during the quarter. NVIDIA accounts for about 3.4% of Hartford Financial Management Inc.'s holdings, making the stock its 7th biggest holding. Hartford Financial Management Inc.'s holdings in NVIDIA were worth $13,230,000 at the end of the most recent reporting period.

Several other large investors have also recently bought and sold shares of the company. Brighton Jones LLC increased its stake in shares of NVIDIA by 12.4% in the fourth quarter. Brighton Jones LLC now owns 324,901 shares of the computer hardware maker's stock valued at $43,631,000 after buying an additional 35,815 shares during the period. Bank Pictet & Cie Europe AG increased its stake in shares of NVIDIA by 1.0% in the fourth quarter. Bank Pictet & Cie Europe AG now owns 2,346,417 shares of the computer hardware maker's stock valued at $315,100,000 after buying an additional 22,929 shares during the period. Highview Capital Management LLC DE increased its stake in shares of NVIDIA by 6.7% in the fourth quarter. Highview Capital Management LLC DE now owns 58,396 shares of the computer hardware maker's stock valued at $7,842,000 after buying an additional 3,653 shares during the period. Hudson Value Partners LLC increased its stake in shares of NVIDIA by 30.7% in the fourth quarter. Hudson Value Partners LLC now owns 50,658 shares of the computer hardware maker's stock valued at $6,805,000 after buying an additional 11,900 shares during the period. Finally, Wealth Group Ltd. increased its stake in shares of NVIDIA by 15.7% in the first quarter. Wealth Group Ltd. now owns 6,598 shares of the computer hardware maker's stock valued at $715,000 after buying an additional 896 shares during the period. 65.27% of the stock is currently owned by institutional investors.

NVIDIA Trading Up 1.3%

Shares of NVDA stock opened at $202.50 on Thursday. The company has a market cap of $4.92 trillion, a P/E ratio of 41.33, a PEG ratio of 0.66 and a beta of 2.34. The stock has a 50 day simple moving average of $184.08 and a two-hundred day simple moving average of $185.28. 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 fifty-two week low of $102.02 and a fifty-two week high of $212.19.

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 for the quarter, topping analysts' consensus estimates of $1.54 by $0.08. The business had revenue of $68.13 billion during the quarter, compared to the consensus estimate of $65.56 billion. NVIDIA had a return on equity of 97.37% and a net margin of 55.60%.The firm's revenue for the quarter was up 73.2% on a year-over-year basis. During the same period in the previous year, the company posted $0.89 earnings per share. Research analysts forecast that NVIDIA Corporation will post 7.77 earnings per share for the current year.

NVIDIA Announces Dividend

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

Insider Transactions at NVIDIA

In other NVIDIA news, Director Mark A. Stevens sold 221,682 shares of the firm's stock in a transaction that occurred 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 owned 7,399,771 shares of the company's stock, valued at approximately $1,285,192,227.28. This trade represents a 2.91% decrease in their ownership of the stock. The sale was disclosed in a legal filing with the SEC, which is accessible through this hyperlink. Also, CFO Colette Kress sold 20,000 shares of the firm'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 $3,497,800.00. Following the completion of the sale, the chief financial officer directly owned 83,060 shares of the company's stock, valued at $14,526,363.40. This trade represents a 19.41% decrease in their position. The disclosure for this sale is available in the SEC filing. In the last ninety days, insiders have sold 953,976 shares of company stock valued at $171,173,819. Company insiders own 4.17% of the company's stock.

NVIDIA News Summary

Here are the key news stories impacting NVIDIA this week:

• Positive Sentiment: Memory suppliers report blowout AI-driven profits, reinforcing strong GPU demand that supports Nvidia's data-center TAM — SK Hynix posted a five-fold jump in Q1 operating profit and said AI-driven memory demand is expanding across DRAM and NAND. Nvidia supplier SK Hynix Q1 profit rises more than five-fold
• Positive Sentiment: Nvidia is broadening its addressable market beyond GPUs — the company unveiled "Ising," open-source AI models aimed at quantum processor calibration and error correction, signaling new revenue streams (quantum + AI). NVDA Sets Sight on $11B Quantum Opportunity With Ising
• Positive Sentiment: CEO Jensen Huang doubled down on Nvidia's superior "performance per TCO" and disciplined pricing/sales practices — comments that reinforce competitive moat and pricing power in investor eyes. Jensen Huang Says ‘Not One Company’ Can Match NVIDIA’s Performance Per Dollar
• Positive Sentiment: Customer deals highlight continued demand for Nvidia GPUs — a disclosed multi-year enterprise contract to deploy thousands of B300 GPUs (Axe Compute) underscores commercial pull for Nvidia hardware. Axe Compute jumps after unveiling $260M NVIDIA B300 GPU deal
• Neutral Sentiment: Analyst and market notes highlight Nvidia's strong growth and favorable valuation arguments, but also note the stock has paused after a recent rally — mixed signals for short-term traders. Nvidia: Trading At A Rare Discount
• Negative Sentiment: Big-cloud rivals are pushing custom AI silicon — Google announced TPU 8t (training) and TPU 8i (inference), an explicit attempt to reduce hyperscaler spend on GPUs and compete with Nvidia in infrastructure. Investors see this as a medium-term competitive risk. Google Cloud launches two new AI chips to compete with Nvidia
• Negative Sentiment: Geopolitical/market access limits remain a headwind — US Commerce official said Nvidia's H200 chips have not yet been sold to Chinese firms, capping revenue upside from that market for now. Nvidia has not yet sold its H200 AI chips to China
• Negative Sentiment: Management warns manufacturing bottlenecks may persist 2–3 years, a constraint that could limit supply growth and cap near-term revenue upside despite strong demand. Manufacturing bottlenecks are a 2–3 year problem

Analyst Upgrades and Downgrades

Several equities research analysts have recently weighed in on the company. Royal Bank Of Canada reissued an "outperform" rating and issued a $250.00 price target on shares of NVIDIA in a research note on Tuesday, March 17th. Stifel Nicolaus set a $250.00 price target on NVIDIA in a research note on Thursday, January 8th. Truist Financial increased their price target on NVIDIA from $283.00 to $287.00 and gave the company a "buy" rating in a research note on Wednesday, March 18th. New Street Research decreased their price target on NVIDIA from $307.00 to $275.00 and set a "buy" rating for the company in a research note on Tuesday, March 31st. Finally, Itau BBA Securities reissued a "market perform" rating on shares of NVIDIA in a research note on Thursday, February 26th. Four equities research analysts have rated the stock with a Strong Buy rating, forty-eight have issued a Buy rating and two have issued a Hold rating to the company's stock. According to data from MarketBeat.com, NVIDIA presently has an average rating of "Buy" and a consensus price target of $275.25.

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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