Ninety One SA Pty Ltd Buys 136,281 Shares of NVIDIA Corporation $NVDA

Key Points

• Ninety One SA Pty Ltd boosted its stake in NVIDIA by 86%, adding 136,281 shares to hold 294,685 shares worth about $54.96 million, making NVDA ~2.4% of its portfolio and its fifth-largest holding.
• Institutional investors own roughly 65.27% of NVDA and analysts have a consensus Buy rating with an average price target of $275.25, reflecting strong investor backing despite some caution about valuation.
• NVIDIA reported robust results (Q: $1.62 EPS vs. $1.54 expected; revenue $68.13B, up 73.2%) and is pursuing strategic moves—funding Corning’s optical‑fiber plants and committing up to $2.1B to IREN—to strengthen its data‑center ecosystem.

Ninety One SA Pty Ltd increased its stake in shares of NVIDIA Corporation (NASDAQ:NVDA - Free Report) by 86.0% during the 4th quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The institutional investor owned 294,685 shares of the computer hardware maker's stock after acquiring an additional 136,281 shares during the quarter. NVIDIA comprises approximately 2.4% of Ninety One SA Pty Ltd's portfolio, making the stock its 5th largest holding. Ninety One SA Pty Ltd's holdings in NVIDIA were worth $54,959,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

Several other hedge funds and other institutional investors have also recently bought and sold shares of the stock. State Street Corp grew its position in NVIDIA by 1.0% during the 2nd quarter. State Street Corp now owns 978,208,862 shares of the computer hardware maker's stock worth $154,556,803,000 after purchasing an additional 9,554,857 shares during the last quarter. Geode Capital Management LLC grew its position in NVIDIA by 1.5% during the 2nd quarter. Geode Capital Management LLC now owns 579,213,497 shares of the computer hardware maker's stock worth $91,150,170,000 after purchasing an additional 8,521,936 shares during the last quarter. Norges Bank purchased a new position in NVIDIA during the 2nd quarter worth $51,386,863,000. Legal & General Group Plc grew its position in NVIDIA by 1.5% during the 3rd quarter. Legal & General Group Plc now owns 181,203,035 shares of the computer hardware maker's stock worth $33,808,862,000 after purchasing an additional 2,609,560 shares during the last quarter. Finally, Capital Research Global Investors grew its position in 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 worth $30,855,564,000 after purchasing an additional 22,896,705 shares during the last quarter. 65.27% of the stock is currently owned by institutional investors and hedge funds.

Wall Street Analyst Weigh In

Several research analysts have issued reports on NVDA shares. Rothschild & Co Redburn raised their price objective on shares of NVIDIA from $245.00 to $268.00 and gave the stock a "buy" rating in a research report on Thursday, January 15th. BTIG Research started coverage on shares of NVIDIA in a research report on Wednesday, April 15th. They set a "buy" rating on the stock. Jefferies Financial Group reissued a "buy" rating and set a $275.00 price objective (up from $250.00) on shares of NVIDIA in a research report on Friday, January 16th. Benchmark reissued a "buy" rating and set a $250.00 price objective on shares of NVIDIA in a research report on Tuesday, March 31st. Finally, William Blair set a $300.00 price objective on shares of NVIDIA in a research report on Thursday, March 12th. Four research analysts have rated the stock with a Strong Buy rating, forty-eight have assigned a Buy rating and two have issued a Hold rating to the company's stock. According to MarketBeat, NVIDIA has a consensus rating of "Buy" and an average price target of $275.25.

Insider Activity

In related news, Director John Dabiri sold 3,004 shares of the business's stock in a transaction dated Friday, March 13th. The shares were sold at an average price of $184.90, for a total transaction of $555,439.60. Following the sale, the director owned 14,788 shares of the company's stock, valued at approximately $2,734,301.20. The trade was a 16.88% 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 Mark A. Stevens sold 221,682 shares of the business's stock in a transaction dated Friday, March 20th. The stock was sold at an average price of $173.68, for a total transaction of $38,501,729.76. Following the sale, 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 SEC filing for this sale provides additional information. Insiders have sold 906,336 shares of company stock valued at $162,802,518 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: 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 Stock Up 1.8%

Shares of NASDAQ:NVDA opened at $211.54 on Friday. The company has a market cap of $5.14 trillion, a price-to-earnings ratio of 43.17, a PEG ratio of 0.68 and a beta of 2.25. The firm's 50-day simple moving average is $187.59 and its 200-day simple moving average is $186.68. 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 $115.21 and a fifty-two week high of $216.82.

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, beating the consensus estimate of $1.54 by $0.08. The business 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 business's quarterly revenue was up 73.2% compared to the same quarter last year. 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 7.78 earnings per share for the current year.

NVIDIA Dividend Announcement

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

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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