Nicholson Meyer Capital Management Inc. Reduces Stock Position in NVIDIA Corporation $NVDA

Key Points

• Nicholson Meyer Capital Management cut its NVIDIA stake by 34% in the fourth quarter, leaving it with 9,405 shares worth about $1.75 million.
• Several other institutional investors have been adding to NVDA, and about 65.27% of the stock is now held by hedge funds and other institutions.
• Despite some insider selling and valuation concerns, NVIDIA continues to get bullish support from analysts, with recent reports highlighting China H200 chip sales approval, raised price targets, and expectations for strong AI-driven earnings growth.

Nicholson Meyer Capital Management Inc. reduced its holdings in shares of NVIDIA Corporation (NASDAQ:NVDA - Free Report) by 34.0% during the fourth quarter, according to its most recent 13F filing with the Securities and Exchange Commission. The institutional investor owned 9,405 shares of the computer hardware maker's stock after selling 4,848 shares during the quarter. NVIDIA comprises 1.3% of Nicholson Meyer Capital Management Inc.'s investment portfolio, making the stock its 16th biggest position. Nicholson Meyer Capital Management Inc.'s holdings in NVIDIA were worth $1,754,000 as of its most recent SEC filing.

A number of other institutional investors also recently modified their holdings of NVDA. Norges Bank bought a new stake in shares of NVIDIA during the 2nd quarter valued at $51,386,863,000. Capital Research Global Investors raised its stake in shares of NVIDIA by 16.1% during the 3rd quarter. Capital Research Global Investors now owns 165,377,852 shares of the computer hardware maker's stock valued at $30,855,564,000 after purchasing an additional 22,896,705 shares during the period. Laurel Wealth Advisors LLC raised its stake in shares of NVIDIA by 15,496.1% during the 2nd quarter. Laurel Wealth Advisors LLC now owns 21,865,525 shares of the computer hardware maker's stock valued at $3,454,534,000 after purchasing an additional 21,725,326 shares during the period. Danske Bank A S bought a new stake in shares of NVIDIA during the 3rd quarter valued at $3,180,313,000. Finally, Massachusetts Financial Services Co. MA raised its stake in shares of NVIDIA by 25.0% during the 3rd quarter. Massachusetts Financial Services Co. MA now owns 71,720,593 shares of the computer hardware maker's stock valued at $13,381,628,000 after purchasing an additional 14,358,048 shares during the period. 65.27% of the stock is currently owned by hedge funds and other institutional investors.

Key NVIDIA News

Here are the key news stories impacting NVIDIA this week:

• Positive Sentiment: Multiple reports said the U.S. has cleared Nvidia’s H200 AI chips for sale to about 10 Chinese companies, raising hopes for a meaningful rebound in China-related data center revenue. Reuters article
• Positive Sentiment: UBS and Cantor Fitzgerald both raised price targets on NVIDIA, reinforcing Wall Street’s view that AI demand and data center growth still have room to drive further upside. Proactive Investors article American Banking News article
• Positive Sentiment: Investors are increasingly betting that Nvidia will beat Q1 FY2027 expectations, with several previews citing strong hyperscaler spending, AI infrastructure demand, and a possible revenue surprise. Seeking Alpha article Investopedia article
• Neutral Sentiment: Coverage this morning emphasized that Nvidia’s stock has run hard into earnings, so some investors are locking in gains and watching whether the report can justify the valuation. CNBC article
• Negative Sentiment: The broader semiconductor complex sold off today, and some articles noted that Nvidia’s China opportunity is still not fully secured because approvals, deliveries, and Chinese domestic-chip competition remain uncertain. Benzinga article CNBC article

Insiders Place Their Bets

In other news, Director Mark A. Stevens sold 221,682 shares of the company's stock in a transaction dated 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 transaction, the director directly owned 7,399,771 shares in the company, valued at approximately $1,285,192,227.28. This represents a 2.91% decrease in their position. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which can be accessed through this link. Also, CFO Colette Kress sold 42,650 shares of the company's stock in a transaction dated Friday, March 20th. The stock was sold at an average price of $174.89, for a total value of $7,459,058.50. Following the completion of the transaction, the chief financial officer owned 881,387 shares of the company's stock, valued at $154,145,772.43. The trade was a 4.62% decrease in their ownership of the stock. The SEC filing for this sale provides additional information. Over the last three months, insiders sold 906,336 shares of company stock worth $162,802,518. 4.17% of the stock is owned by corporate insiders.

NVIDIA Price Performance

Shares of NASDAQ NVDA opened at $225.32 on Friday. The firm has a market capitalization of $5.46 trillion, a P/E ratio of 45.98, a P/E/G ratio of 0.74 and a beta of 2.25. The company has a quick ratio of 3.24, a current ratio of 3.91 and a debt-to-equity ratio of 0.05. The stock's 50-day simple moving average is $192.36 and its two-hundred day simple moving average is $188.38. NVIDIA Corporation has a twelve month low of $129.16 and a twelve month high of $236.54.

NVIDIA (NASDAQ:NVDA - Get Free Report) last announced 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 for the quarter, compared to analyst estimates of $65.56 billion. NVIDIA had a return on equity of 97.37% and a net margin of 55.60%.The company's quarterly revenue was up 73.2% compared to the same quarter last year. During the same period in the prior year, the company earned $0.89 EPS. As a group, equities analysts anticipate that NVIDIA Corporation will post 7.84 EPS for the current fiscal year.

NVIDIA Dividend Announcement

The firm also recently announced 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 was Wednesday, March 11th. NVIDIA's dividend payout ratio is currently 0.82%.

Wall Street Analysts Forecast Growth

A number of analysts recently issued reports on NVDA shares. Raymond James Financial boosted their price objective on NVIDIA from $291.00 to $323.00 and gave the company a "strong-buy" rating in a research note on Thursday, March 19th. Oppenheimer reiterated an "outperform" rating and set a $265.00 price objective on shares of NVIDIA in a research note on Thursday, February 26th. UBS Group boosted their price objective on NVIDIA from $245.00 to $275.00 and gave the company a "buy" rating in a research note on Thursday. New Street Research decreased their price objective on NVIDIA from $307.00 to $275.00 and set a "buy" rating on the stock in a research note on Tuesday, March 31st. Finally, TD Cowen reiterated a "buy" rating and set a $275.00 price objective (up from $235.00) on shares of NVIDIA in a research note on Friday. Four research analysts have rated the stock with a Strong Buy rating, forty-eight have given a Buy rating and two have given a Hold rating to the company. Based on data from MarketBeat, the company currently has an average rating of "Buy" and an average target price of $276.56.

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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