Ninety One North America Inc. Takes $28.37 Million Position in NVIDIA Corporation $NVDA

Key Points

• Ninety One North America acquired a new stake of 152,128 shares of NVIDIA in Q4, valued at about $28.37 million.
• Significant insider selling occurred on March 20: Director Mark A. Stevens sold 221,682 shares (~$38.5M) and CFO Colette Kress sold 42,650 shares (~$7.46M); insiders have sold 906,336 shares worth $162.8 million in the last 90 days.
• Wall Street remains largely bullish—NVDA has an average rating of "Buy" with a consensus target of $275.25 (several firms raised targets to $300)—and the company posted a strong quarter with $68.13B revenue (up 73.2% YoY) and a 55.6% net margin.

Ninety One North America Inc. acquired a new stake in shares of NVIDIA Corporation (NASDAQ:NVDA - Free Report) in the 4th quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission. The firm acquired 152,128 shares of the computer hardware maker's stock, valued at approximately $28,372,000.

A number of other hedge funds also recently bought and sold shares of NVDA. PMG Family Office LLC purchased a new stake in shares of NVIDIA in the third quarter worth approximately $2,150,000. Oak Ridge Investments LLC lifted its position in shares of NVIDIA by 2.2% in the third quarter. Oak Ridge Investments LLC now owns 970,860 shares of the computer hardware maker's stock worth $181,143,000 after purchasing an additional 20,559 shares in the last quarter. Weaver Capital Management LLC lifted its position in shares of NVIDIA by 5.5% in the fourth quarter. Weaver Capital Management LLC now owns 85,216 shares of the computer hardware maker's stock worth $15,893,000 after purchasing an additional 4,439 shares in the last quarter. Circle Wealth Management LLC lifted its position in shares of NVIDIA by 16.1% in the third quarter. Circle Wealth Management LLC now owns 107,787 shares of the computer hardware maker's stock worth $20,111,000 after purchasing an additional 14,936 shares in the last quarter. Finally, Sunburst Financial Group LLC lifted its position in shares of NVIDIA by 11.3% in the fourth quarter. Sunburst Financial Group LLC now owns 42,515 shares of the computer hardware maker's stock worth $7,929,000 after purchasing an additional 4,300 shares in the last quarter. 65.27% of the stock is owned by hedge funds and other institutional investors.

Insider Activity

In related news, Director Mark A. Stevens sold 221,682 shares of the firm's stock in a transaction that occurred on 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 transaction, 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 Securities & Exchange Commission, which is available through the SEC website. Also, CFO Colette Kress sold 42,650 shares of NVIDIA stock in a transaction that occurred on Friday, March 20th. The shares were sold at an average price of $174.89, for a total transaction of $7,459,058.50. Following the completion of the transaction, the chief financial officer directly owned 881,387 shares in the company, valued at approximately $154,145,772.43. This represents a 4.62% decrease in their position. The disclosure for this sale is available in the SEC filing. In the last 90 days, insiders have sold 906,336 shares of company stock valued at $162,802,518. 4.17% of the stock is currently owned by company insiders.

Wall Street Analysts Forecast Growth

NVDA has been the subject of a number of research analyst reports. William Blair set a $300.00 price target on shares of NVIDIA in a research report on Thursday, March 12th. Robert W. Baird increased their price target on shares of NVIDIA from $275.00 to $300.00 and gave the stock an "outperform" rating in a research report on Thursday, February 26th. Wedbush increased their price target on shares of NVIDIA from $230.00 to $300.00 and gave the stock an "outperform" rating in a research report on Tuesday, March 3rd. Truist Financial increased their price target on shares of NVIDIA from $283.00 to $287.00 and gave the stock a "buy" rating in a research report on Wednesday, March 18th. Finally, BNP Paribas Exane increased their price target on shares of NVIDIA from $260.00 to $270.00 and gave the stock an "outperform" rating 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 assigned a Hold rating to the stock. According to data from MarketBeat.com, NVIDIA currently has an average rating of "Buy" and a consensus target price of $275.25.

NVIDIA Price Performance

Shares of NVDA opened at $211.54 on Friday. The firm has a market cap of $5.14 trillion, a PE ratio of 43.17, a PEG ratio of 0.68 and a beta of 2.25. The firm's 50 day moving average price is $187.59 and its 200 day moving average price is $186.68. 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 twelve month low of $115.21 and a twelve month high of $216.82.

NVIDIA (NASDAQ:NVDA - Get Free Report) last issued its quarterly earnings data on Wednesday, February 25th. The computer hardware maker reported $1.62 earnings per share for the quarter, beating the consensus estimate of $1.54 by $0.08. The firm had revenue of $68.13 billion for the quarter, compared to analyst estimates of $65.56 billion. NVIDIA had a net margin of 55.60% and a return on equity of 97.37%. The company's revenue for the quarter was up 73.2% on a year-over-year basis. During the same quarter last year, the firm earned $0.89 earnings per share. As a group, research analysts expect that NVIDIA Corporation will post 7.78 EPS for the current fiscal year.

NVIDIA Announces Dividend

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

Trending Headlines about NVIDIA

Here are the key news stories impacting NVIDIA this week:

• Positive Sentiment: Nvidia confirmed multi‑billion dollar funding for new Corning optical‑fiber plants and an equity arrangement, reducing supply‑chain risk for high‑speed optical connectivity that limits AI rack performance. This materially derisks future data‑center rollouts that depend on NVDA compute. Nvidia funds construction of Corning plants, in addition to equity investment
• Positive Sentiment: CEO Jensen Huang framed the Corning partnership as a push to revitalize U.S. manufacturing for AI, signaling long‑term vertical integration that supports NVDA’s data‑center roadmap and may improve supply predictability. Nvidia CEO says AI partnership with Corning will 'revitalize American manufacturing'
• Positive Sentiment: Nvidia agreed to invest up to $2.1B in IREN and to support deployment of up to 5 gigawatts of DSX‑aligned AI infrastructure — a move that expands NVDA’s ecosystem downstream into data‑center capacity and gives the company preferential economics and access. Nvidia to invest up to $2.1 billion in IREN as part of AI data center deal
• Positive Sentiment: Goldman Sachs reiterated a Buy on NVDA, providing fresh analyst backing that supports further upside and investor confidence. Nvidia Corp: Goldman Sachs reiterates its buy rating
• Positive Sentiment: Institutional investors continue to add to NVDA positions (recent reported increases from funds such as Fisher Asset and Antipodes), reinforcing demand from large, long‑term holders. Fisher Asset Management Boosts Nvidia Stake by 2.5M Shares
• Neutral Sentiment: Intraday market coverage notes NVDA advanced while the broader market had mixed action — momentum remains, but day‑to‑day moves are being driven by sector rotation as much as company news. Nvidia (NVDA) Advances While Market Declines: Some Information for Investors
• Negative Sentiment: Some commentary and social‑media analysts argue NVDA is overbought or risky near current levels — pieces urging "should not be touched" highlight valuation and crowding risks that could sap near‑term momentum. NVIDIA Corporation (NVDA): Should Not Be Touched?
• Negative Sentiment: Analysis noting NVDA’s underperformance versus other chip names and divergent analyst opinions warns investors the stock may lag in short windows despite strong fundamentals — a reminder to watch valuation and sector breadth. Nvidia stock underperforms the semiconductor sector by the largest margin in years

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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