NVIDIA Corporation $NVDA is Balboa Wealth Partners' 2nd Largest Position

Key Points

• Balboa Wealth Partners reduced its NVIDIA stake by 5.6% to 265,123 shares, but NVIDIA remains the fund's 2nd-largest holding at 8.2% of the portfolio, valued at about $49.45 million per the latest SEC filing.
• NVIDIA is riding strong demand and product momentum — including the open-source "Ising" launch and CEO Jensen Huang citing roughly $1 trillion of GPU orders through 2027 — and recently beat expectations with revenue up 73.2% year‑over‑year and high margins.
• While analysts are mostly positive (consensus Buy, average target ~$275.25), Wall Street remains divided on valuation and growth duration, and insiders have sold over 1.15 million shares (~$207 million) in the past 90 days.

Balboa Wealth Partners reduced its holdings in shares of NVIDIA Corporation (NASDAQ:NVDA - Free Report) by 5.6% in the fourth quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission. The fund owned 265,123 shares of the computer hardware maker's stock after selling 15,850 shares during the period. NVIDIA comprises 8.2% of Balboa Wealth Partners' portfolio, making the stock its 2nd largest holding. Balboa Wealth Partners' holdings in NVIDIA were worth $49,445,000 as of its most recent SEC filing.

A number of other hedge funds and other institutional investors have also added to or reduced their stakes in NVDA. Longfellow Investment Management Co. LLC increased its holdings in NVIDIA by 47.9% during the second quarter. Longfellow Investment Management Co. LLC now owns 207 shares of the computer hardware maker's stock valued at $33,000 after buying an additional 67 shares during the last quarter. Spurstone Advisory Services LLC purchased a new stake in shares of NVIDIA in the second quarter worth $40,000. Sellwood Investment Partners LLC purchased a new stake in shares of NVIDIA in the third quarter worth $50,000. EDENTREE ASSET MANAGEMENT Ltd purchased a new stake in shares of NVIDIA in the second quarter worth $54,000. Finally, Basso Capital Management L.P. purchased a new stake in shares of NVIDIA in the third quarter worth $75,000. 65.27% of the stock is owned by hedge funds and other institutional investors.

More NVIDIA News

Here are the key news stories impacting NVIDIA this week:

• Positive Sentiment: NVIDIA launched "Ising," an open‑source family of AI models for quantum calibration and error correction — a structural move that validates the quantum ecosystem, accelerates adoption of NVIDIA software across hardware vendors, and sparked a sector rally that benefits Nvidia’s platform positioning. NVIDIA Launches Ising (Press Release)
• Positive Sentiment: The stock is on a multi‑day winning streak as momentum returns to the AI trade; CEO Jensen Huang citing ~$1 trillion of GPU orders through 2027 underscores robust demand visibility for data‑center GPUs. Nvidia stock is on a 10-day winning streak (CNBC)
• Positive Sentiment: Product and partner signals — including work to optimize Gemma‑4 and a new multi‑chip AI strategy — reinforce that Nvidia is extending its ecosystem beyond GPUs into full‑stack AI infrastructure, which can expand revenue per customer. NVIDIA partners with Google on Gemma 4 (MSN)
• Neutral Sentiment: Wall Street remains divided on valuation and duration of growth — some analysts see material upside from platform adoption while others highlight "multiple compression" despite strong execution; this keeps NVDA both a momentum and macro/valuation trade. Multiple compression debate (Seeking Alpha)
• Neutral Sentiment: Nvidia denied takeover talks about major PC/server vendors, removing one source of M&A speculation that had pushed peers higher — the confirmation calms takeover rumors but is not a direct business catalyst. Nvidia shuts down Dell rumor (Barron's)
• Negative Sentiment: Competitive and technological risks are resurfacing: quantum vendors and some commentators suggest quantum approaches could displace GPU workloads over time, and rival silicon (e.g., TPUs) remains a longer‑term threat to pricing/mix. These narratives can cap the stock if they gain traction. D‑Wave CEO warns Nvidia (AOL)
• Negative Sentiment: Insider selling and concerns about how long exceptional growth can persist are getting airtime; investors should watch insider activity, guidance assumptions and order cadence for signs of softening demand. Insider selling debate (247WallSt)

Wall Street Analysts Forecast Growth

NVDA has been the subject of a number of analyst reports. Cantor Fitzgerald reissued an "overweight" rating and issued a $300.00 price objective on shares of NVIDIA in a research note on Monday, March 23rd. Sanford C. Bernstein increased their price objective on shares of NVIDIA from $275.00 to $300.00 and gave the stock an "outperform" rating in a research note on Thursday, February 26th. Raymond James Financial increased their price objective on shares of NVIDIA from $291.00 to $323.00 and gave the stock a "strong-buy" rating in a research note on Thursday, March 19th. Jefferies Financial Group reissued a "buy" rating and issued a $275.00 price objective (up from $250.00) on shares of NVIDIA in a research note on Friday, January 16th. Finally, BNP Paribas Exane increased their price objective on shares of NVIDIA from $260.00 to $270.00 and gave the stock an "outperform" rating in a research note on Thursday, February 26th. Four research analysts have rated the stock with a Strong Buy rating, forty-seven have given a Buy rating and two have assigned a Hold rating to the stock. According to MarketBeat, the stock presently has a consensus rating of "Buy" and an average target price of $275.25.

NVIDIA Stock Performance

NVDA opened at $196.38 on Wednesday. The stock has a market capitalization of $4.77 trillion, a price-to-earnings ratio of 40.08, a PEG ratio of 0.63 and a beta of 2.34. The company has a fifty day moving average of $182.01 and a 200 day moving average of $184.67. NVIDIA Corporation has a fifty-two week low of $95.04 and a fifty-two week high of $212.19. 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 (NASDAQ:NVDA - Get Free Report) last released its quarterly earnings data on Wednesday, February 25th. The computer hardware maker reported $1.62 EPS for the quarter, beating the consensus estimate of $1.54 by $0.08. NVIDIA had a net margin of 55.60% and a return on equity of 97.37%. The business had revenue of $68.13 billion during the quarter, compared to analyst estimates of $65.56 billion. During the same quarter last year, the business earned $0.89 earnings per share. NVIDIA's quarterly revenue was up 73.2% compared to the same quarter last year. As a group, sell-side analysts forecast that NVIDIA Corporation will post 2.77 earnings per share for the current fiscal year.

NVIDIA Announces Dividend

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

Insider Buying and Selling at NVIDIA

In other news, Director Mark A. Stevens sold 221,682 shares of the firm's stock in a transaction dated Friday, March 20th. The shares were 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 in the company, valued at approximately $1,285,192,227.28. This trade represents a 2.91% decrease in their position. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which can be accessed through the SEC website. Also, EVP Ajay K. Puri sold 300,000 shares of the firm's stock in a transaction dated Tuesday, March 10th. The stock was sold at an average price of $182.52, for a total transaction of $54,756,000.00. Following the completion of the sale, the executive vice president owned 3,318,547 shares of the company's stock, valued at $605,701,198.44. This trade represents a 8.29% decrease in their position. The SEC filing for this sale provides additional information. Insiders have sold 1,153,976 shares of company stock valued at $207,181,819 over the last ninety days. Corporate insiders own 4.17% of the company's stock.

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.

This instant news alert was generated by narrative science technology and financial data from MarketBeat in order to provide readers with the fastest reporting and unbiased coverage. Please send any questions or comments about this story to contact@marketbeat.com.