Legacy CG LLC Sells 2,534 Shares of NVIDIA Corporation $NVDA

Key Points

• Legacy CG LLC reduced its NVIDIA stake by 5.9%, selling 2,534 shares to hold 40,164 shares worth $7,491,000, with NVDA making up 2.1% of its portfolio and ranking as its 15th largest position.
• Analysts maintain a consensus Buy rating on NVDA with an average price target of $275.25 (individual targets range from about $250 to $310), and institutional investors/hedge funds own roughly 65.27% of the stock.
• NVIDIA reported a strong quarter—EPS $1.62 (beat) and revenue $68.13 billion, up 73.2% year‑over‑year—while positive demand catalysts like a multiyear Corning partnership contrast with near‑term risks such as sizable insider stock sales.

Legacy CG LLC reduced its stake in shares of NVIDIA Corporation (NASDAQ:NVDA - Free Report) by 5.9% in the 4th quarter, according to its most recent 13F filing with the Securities and Exchange Commission. The firm owned 40,164 shares of the computer hardware maker's stock after selling 2,534 shares during the quarter. NVIDIA comprises 2.1% of Legacy CG LLC's portfolio, making the stock its 15th biggest position. Legacy CG LLC's holdings in NVIDIA were worth $7,491,000 as of its most recent filing with the Securities and Exchange Commission.

A number of other hedge funds have also modified their holdings of the company. Brighton Jones LLC raised its holdings 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 purchasing an additional 35,815 shares during the period. Bank Pictet & Cie Europe AG boosted its position in shares of NVIDIA by 1.0% during the fourth quarter. Bank Pictet & Cie Europe AG now owns 2,346,417 shares of the computer hardware maker's stock worth $315,100,000 after purchasing an additional 22,929 shares in the last quarter. Highview Capital Management LLC DE grew its holdings 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 valued at $7,842,000 after buying an additional 3,653 shares during the period. Hudson Value Partners LLC grew its holdings 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 buying an additional 11,900 shares during the period. Finally, Wealth Group Ltd. increased its position in shares of NVIDIA by 15.7% in the 1st 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 in the last quarter. 65.27% of the stock is currently owned by institutional investors and hedge funds.

Analysts Set New Price Targets

Several analysts recently commented on NVDA shares. HSBC set a $310.00 price objective on NVIDIA in a research note on Tuesday, February 24th. Citigroup started coverage on NVIDIA in a report on Wednesday, April 15th. They issued a "buy" rating for the company. Royal Bank Of Canada reaffirmed an "outperform" rating and set a $250.00 price target on shares of NVIDIA in a research report on Tuesday, March 17th. Wall Street Zen cut NVIDIA from a "strong-buy" rating to a "buy" rating in a report on Sunday, April 26th. Finally, Barclays reiterated a "buy" rating on shares of NVIDIA in a research report on Thursday, February 26th. Four investment analysts have rated the stock with a Strong Buy rating, forty-eight have given a Buy rating and two have issued a Hold rating to the stock. Based on data from MarketBeat, the stock presently has an average rating of "Buy" and a consensus price target of $275.25.

Key Stories Impacting NVIDIA

Here are the key news stories impacting NVIDIA this week:

• Positive Sentiment: Major strategic deal with Corning: NVIDIA agreed to a large, multiyear partnership and a $500M warrant-style capital injection to scale U.S. optical connectivity capacity (three new factories). That reduces a key infrastructure bottleneck for hyperscale GPU clusters and de‑risks NVDA’s supply chain for high‑bandwidth systems. NVIDIA and Corning Announce Long-Term Partnership
• Positive Sentiment: Market tailwind: Nasdaq and S&P 500 hit new highs on easing geopolitical risk and lower oil, lifting demand sentiment for high‑beta AI leaders like NVDA and supporting broader buying. Nasdaq, S&P 500 Hit New Highs as Iran Deal Prospects Brighten
• Positive Sentiment: Strong ecosystem demand signals: Anthropic’s deal to tap SpaceX compute (access to >220,000 NVIDIA GPUs) and infrastructure deals being signed to NVIDIA specs point to near‑term capacity tightness and continued GPU pull through across cloud/AI providers. These deals imply sustained demand for NVDA hardware and software stack. Anthropic Secures SpaceX Compute Ahead of June IPO
• Positive Sentiment: Ecosystem wins & dedicated buildouts: A reported $9.8B AI lease for a data‑center campus built to NVIDIA specs signals hyperscaler/private cloud customers are locking capacity tailored for NVIDIA architecture — another demand confirmation for future GPU sales. Hut 8 Shares Rise 30% on $9.8B AI Lease
• Positive Sentiment: Analyst/positioning support: Banks and institutions have been raising targets and adding exposure to NVDA, which can amplify rallies and reduce seller concentration into news-driven moves. DBS Bank Raises PT on NVIDIA
• Neutral Sentiment: Macro/earnings context: U.S. corporate earnings aggregates are near record quarterly levels, supporting a favorable backdrop for tech profits — helpful but not NVDA‑specific. Record Earnings Expected in 2026 Q1
• Negative Sentiment: Competitive and structural risks: Google pushing TPUs direct to customers and broader chip‑packaging/EMIB discussions highlight longer‑term competitive threats and architectural alternatives that could erode some of NVIDIA’s market share or margin premium over time. Google Moves to Sell TPUs Directly
• Negative Sentiment: Short‑term sentiment risk: Prediction markets and some commentators show bearish positioning into month‑end or near earnings, meaning momentum reversals are possible if guidance or supply commentary disappoints (NVDA reports next earnings in May). Crypto markets predict Nvidia stock price for May 31, 2026

NVIDIA Stock Performance

Shares of NVIDIA stock opened at $208.20 on Thursday. The firm has a market cap of $5.06 trillion, a price-to-earnings ratio of 42.49, a price-to-earnings-growth ratio of 0.65 and a beta of 2.25. The stock's 50-day moving average is $187.21 and its 200-day moving average is $186.49. NVIDIA Corporation has a one year low of $112.28 and a one year high of $216.82. 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 posted its quarterly earnings data on Wednesday, February 25th. The computer hardware maker reported $1.62 earnings per share (EPS) for the quarter, topping analysts' consensus estimates of $1.54 by $0.08. NVIDIA had a return on equity of 97.37% and a net margin of 55.60%.The business had revenue of $68.13 billion during the quarter, compared to the consensus estimate of $65.56 billion. During the same period last year, the company earned $0.89 earnings per share. NVIDIA's quarterly revenue was up 73.2% on a year-over-year basis. Equities analysts predict that NVIDIA Corporation will post 7.78 earnings per share for the current fiscal year.

NVIDIA Announces Dividend

The firm also recently declared a quarterly dividend, which was paid on Wednesday, April 1st. Stockholders of record on Wednesday, March 11th were paid 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 of this dividend was Wednesday, March 11th. NVIDIA's dividend payout ratio (DPR) is currently 0.82%.

Insider Buying and Selling

In related news, CFO Colette Kress sold 20,000 shares of the stock in a transaction on Friday, March 20th. The shares were sold at an average price of $174.89, for a total transaction of $3,497,800.00. Following the completion of the transaction, the chief financial officer owned 83,060 shares in the company, valued at approximately $14,526,363.40. This represents a 19.41% decrease in their ownership of the stock. The sale was disclosed in a document filed with the SEC, which can be accessed through this hyperlink. Also, EVP Ajay K. Puri sold 300,000 shares of the firm's stock in a transaction on Wednesday, March 18th. The shares were sold at an average price of $182.25, for a total transaction of $54,675,000.00. Following the completion of the transaction, the executive vice president directly owned 3,018,547 shares of the company's stock, valued at approximately $550,130,190.75. This trade represents a 9.04% decrease in their position. Additional details regarding this sale are available in the official SEC disclosure. Insiders sold 906,336 shares of company stock valued at $162,802,518 over the last ninety days. Insiders own 4.17% of the company's stock.

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.

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