NVIDIA Corporation $NVDA is New Mexico Educational Retirement Board's Largest Position

Key Points

• NVIDIA remains the New Mexico Educational Retirement Board's largest holding after the fund trimmed its stake by 3.9% to 1,101,780 shares, worth about $205.57 million and representing roughly 6.4% of the portfolio.
• Insider selling has been substantial recently: EVP Ajay Puri sold 300,000 shares (~$54.7M) and CFO Colette Kress sold 42,650 shares (~$7.46M), with insiders offloading about 1,179,934 shares (~$215M) over the past three months.
• Analysts are bullish, raising price targets and maintaining buy/overweight ratings (consensus "Buy" with an average target of $275.95), supported by a strong quarter where NVIDIA reported $1.62 EPS (vs. $1.54 expected) and $68.13B revenue, up 73.2% year‑over‑year.

New Mexico Educational Retirement Board lessened its stake in NVIDIA Corporation (NASDAQ:NVDA - Free Report) by 3.9% during the third quarter, according to its most recent filing with the Securities and Exchange Commission. The firm owned 1,101,780 shares of the computer hardware maker's stock after selling 44,600 shares during the quarter. NVIDIA makes up approximately 6.4% of New Mexico Educational Retirement Board's portfolio, making the stock its biggest holding. New Mexico Educational Retirement Board's holdings in NVIDIA were worth $205,570,000 at the end of the most recent reporting period.

Several other institutional investors have also bought and sold shares of the company. Joule Financial LLC grew its stake in shares of NVIDIA by 2.2% during the 3rd quarter. Joule Financial LLC now owns 2,308 shares of the computer hardware maker's stock worth $431,000 after acquiring an additional 50 shares during the period. Vision Financial Markets LLC lifted its holdings in NVIDIA by 1.2% during the third quarter. Vision Financial Markets LLC now owns 4,640 shares of the computer hardware maker's stock valued at $866,000 after purchasing an additional 53 shares during the last quarter. Websterrogers Financial Advisors LLC lifted its holdings in NVIDIA by 2.6% during the third quarter. Websterrogers Financial Advisors LLC now owns 2,118 shares of the computer hardware maker's stock valued at $395,000 after purchasing an additional 54 shares during the last quarter. IMG Wealth Management Inc. boosted its position in NVIDIA by 1.4% during the third quarter. IMG Wealth Management Inc. now owns 3,820 shares of the computer hardware maker's stock worth $713,000 after purchasing an additional 54 shares during the period. Finally, Cyr Financial Inc. boosted its position in NVIDIA by 0.7% during the third quarter. Cyr Financial Inc. now owns 7,737 shares of the computer hardware maker's stock worth $1,444,000 after purchasing an additional 54 shares during the period. Hedge funds and other institutional investors own 65.27% of the company's stock.

Analyst Upgrades and Downgrades

Several analysts have recently issued reports on the stock. Arete Research boosted their price target on shares of NVIDIA from $244.00 to $261.00 and gave the company a "buy" rating in a research report on Tuesday, November 25th. Jefferies Financial Group reaffirmed a "buy" rating and issued a $275.00 price objective (up from $250.00) on shares of NVIDIA in a report on Friday, January 16th. Citigroup lifted their price objective on shares of NVIDIA from $270.00 to $300.00 and gave the company a "buy" rating in a research note on Thursday, February 26th. Mizuho set a $275.00 target price on shares of NVIDIA and gave the company an "outperform" rating in a report on Friday, January 9th. Finally, JPMorgan Chase & Co. increased their target price on NVIDIA from $250.00 to $265.00 and gave the stock an "overweight" rating in a research report on Thursday, February 26th. Four equities research analysts have rated the stock with a Strong Buy rating, forty-seven have issued a Buy rating and two have issued a Hold rating to the company. According to data from MarketBeat, the company currently has an average rating of "Buy" and a consensus price target of $275.95.

More NVIDIA News

Here are the key news stories impacting NVIDIA this week:

• Positive Sentiment: Nvidia announced partnerships with Emerald AI and several major U.S. power companies to build “grid‑flexible” AI factories that can speed data‑center deployment and help manage power demand — a practical solution to energy constraints that supports faster corporate and cloud customer adoption. NVIDIA, Emeral AI partner with energy firms to develop grid-flexible AI data centers
• Positive Sentiment: Bullish GTC messaging and upgraded analyst views: Nvidia reiterated a multi‑year, ~$1T+ systems opportunity and several firms raised price targets or reaffirmed buy/overweight ratings (Raymond James, Cantor Fitzgerald, Rosenblatt), which supports longer‑term upside expectations. Raymond James Raises PT on NVIDIA (NVDA) Stock
• Positive Sentiment: Macro relief lifted sentiment: reports of de‑escalation in Iran and a broader market rally helped risk assets recover — a favorable backdrop for Nvidia given its high beta and concentration in major indices. Dow Jones Futures: Trump's Iran Comments Spark Stock Market Rally; Micron, Nvidia, Palantir, Tesla Are Big Movers
• Neutral Sentiment: Product/partnership breadth: new collaborations (e.g., Asylon for DroneIQ Overwatch) expand Nvidia’s “physical AI” footprint but are incremental to core datacenter GPU demand. These signal TAM expansion but aren’t immediate revenue drivers. Asylon and NVIDIA Collaborate to Advance Physical AI in Robotic Security
• Neutral Sentiment: Supply-chain reality: reporting that TSMC capacity constraints could force redesigns of next‑gen systems highlights execution/timing risks — important for timelines but not a direct demand signal. Investors should watch fab cadence and delivery schedules. The AI Gatekeeper: TSMC's Chokehold Signals Dominance
• Negative Sentiment: Insider selling — reports show several sizable insider sales over recent days (blocks totalling millions), which can sap near‑term sentiment and raise questions about timing of allocations. Monitor filings for context (planned sales vs. opportunistic). Nvidia (NVDA) Insiders Dump $14.26 Million in Stock Over 48 Hours
• Negative Sentiment: Regulatory/antitrust scrutiny: lawmakers and Senate questions around the Nvidia‑Groq deal and broader AI stack raise oversight risk and potential deal delays — a headline risk that can pressure shares until clarified. As Lawmakers Zero in on Nvidia-Groq Deal, Should You Be Worried About NVDA Stock?
• Negative Sentiment: Technical downside warning: some chart analysts cite a breakdown of key support with targets nearer $150 — if confirmed, technical selling could amplify volatility independent of fundamentals. NVIDIA Corp. (NVDA) Price Forecast: Breakdown Signals Further Downside Risk

Insider Transactions at NVIDIA

In other NVIDIA news, EVP Ajay K. Puri sold 300,000 shares of the stock in a transaction that occurred 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 transaction, the executive vice president directly owned 3,018,547 shares in the company, valued at $550,130,190.75. This trade represents a 9.04% decrease in their ownership of the stock. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which is available at this hyperlink. Also, CFO Colette Kress sold 42,650 shares of NVIDIA stock in a transaction that occurred on Friday, March 20th. The stock was sold at an average price of $174.89, for a total transaction of $7,459,058.50. Following the transaction, the chief financial officer directly owned 881,387 shares in the company, valued at $154,145,772.43. This trade represents 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 have sold 1,179,934 shares of company stock worth $215,053,678. 4.17% of the stock is currently owned by insiders.

NVIDIA Trading Up 1.8%

Shares of NVIDIA stock opened at $175.81 on Tuesday. 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 Corporation has a 1 year low of $86.62 and a 1 year high of $212.19. The firm has a market cap of $4.27 trillion, a PE ratio of 35.88, a PEG ratio of 0.58 and a beta of 2.33. The company has a 50 day simple moving average of $184.42 and a two-hundred day simple moving average of $184.32.

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. The company had revenue of $68.13 billion during 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 firm's revenue was up 73.2% compared to the same quarter last year. During the same period in the previous year, the firm posted $0.89 EPS. Analysts expect that NVIDIA Corporation will post 2.77 earnings per share for the current fiscal year.

NVIDIA Announces Dividend

The company also recently disclosed a quarterly dividend, which will be paid on Wednesday, April 1st. Stockholders of record on Wednesday, March 11th will be given a dividend of $0.01 per share. The ex-dividend date is Wednesday, March 11th. This represents a $0.04 annualized dividend and a dividend yield of 0.0%. NVIDIA's dividend payout ratio is 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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