NVIDIA Corporation $NVDA is Spirit of America Management Corp NY's Largest Position

Key Points

• Spirit of America Management Corp NY trimmed its stake in NVIDIA (NVDA) by 2% to 165,920 shares, making the stock its largest position at roughly $30.94 million and about 6.6% of the firm's portfolio.
• Significant insider selling: CFO Colette Kress sold 42,650 shares and EVP Ajay K. Puri sold 300,000 shares, while insiders have offloaded 1,201,616 shares (~$216 million) in the past 90 days; insiders now own 4.17% of the company.
• Wall Street remains broadly bullish on NVDA with a consensus "Buy" rating and an average target of $275.25, and analysts/market commentary point to 2026 as a potential inflection year driven by AI demand and strategic partnerships.

Spirit of America Management Corp NY lessened its stake in shares of NVIDIA Corporation (NASDAQ:NVDA - Free Report) by 2.0% in the fourth quarter, according to the company in its most recent Form 13F filing with the SEC. The firm owned 165,920 shares of the computer hardware maker's stock after selling 3,300 shares during the quarter. NVIDIA makes up approximately 6.6% of Spirit of America Management Corp NY's portfolio, making the stock its biggest position. Spirit of America Management Corp NY's holdings in NVIDIA were worth $30,944,000 at the end of the most recent reporting period.

Other institutional investors have also recently made changes to their positions in the company. PMG Family Office LLC bought a new position in shares of NVIDIA during the third quarter valued at $2,150,000. Svenska Handelsbanken AB publ bought a new position in shares of NVIDIA during the third quarter valued at $37,316,000. Oak Ridge Investments LLC increased its holdings in shares of NVIDIA by 2.2% during the third quarter. Oak Ridge Investments LLC now owns 970,860 shares of the computer hardware maker's stock valued at $181,143,000 after acquiring an additional 20,559 shares in the last quarter. Circle Wealth Management LLC increased its holdings in shares of NVIDIA by 16.1% during the third quarter. Circle Wealth Management LLC now owns 107,787 shares of the computer hardware maker's stock valued at $20,111,000 after acquiring an additional 14,936 shares in the last quarter. Finally, Whalen Wealth Management Inc. increased its holdings in NVIDIA by 20.3% in the 3rd quarter. Whalen Wealth Management Inc. now owns 36,490 shares of the computer hardware maker's stock worth $6,808,000 after buying an additional 6,162 shares in the last quarter. Hedge funds and other institutional investors own 65.27% of the company's stock.

Key Headlines Impacting NVIDIA

Here are the key news stories impacting NVIDIA this week:

• Positive Sentiment: Hedge funds and technical strategists are highlighting NVDA as a top setup for 2026, suggesting renewed institutional buying that can sustain upside. NVIDIA (NVDA) Among the Hedge Fund Favorites with Strong Setup in 2026
• Positive Sentiment: Several brokerages and media note Nvidia is on a new winning streak and still trades well below its 52‑week high, implying room to run if AI demand re-accelerates. Nvidia's stock is quietly gaining steam — it's on its longest winning streak since 2023
• Positive Sentiment: Strategic capital and partnership activity is expanding Nvidia’s reach: the company is a named backer in high‑growth AI startups and data‑center chip ventures, validating long‑term demand for its GPUs and IP. SiFive raises $400 million from Atreides, Nvidia for data-center chip technology
• Positive Sentiment: Nvidia’s ecosystem involvement is directly pricing into the market: startups backed by or partnered with Nvidia (e.g., Firmus) are seeing large valuations, showing investor appetite for Nvidia‑led AI plays. AI Powerhouse Firmus Rockets to $5.5 Billion Valuation with Nvidia (NVDA) Backing
• Positive Sentiment: Analyst research and deep‑dive pieces argue 2026 is a potential inflection year (Vera Rubin launch, strong AI capex), reinforcing the bullish growth narrative. Nvidia: Why 2026 Could Be A Game Changer
• Neutral Sentiment: Coverage on semiconductor peers and suppliers shows the broader chip rally is lifting NVDA indirectly; several data‑center beneficiaries are also gaining from the same tailwinds. These 4 Stocks Are Quietly Riding NVIDIA's Data Center Boom Higher (NVDA)
• Neutral Sentiment: Speculative stories about Nvidia GPUs being used in space and other novel end markets underscore long‑term optionality but remain more thematic than immediate revenue drivers. NVIDIA Chips are Going to Space. Could the Stock Be Next?
• Negative Sentiment: Competitive risk rose after Amazon’s CEO spotlighted AWS’s chip ambitions; short‑seller commentary argues Amazon could erode Nvidia’s long‑term chip dominance — a credible risk for margin and share if cloud players internalize more compute. Short-seller Andrew Left thinks Amazon just showed that it's the biggest threat to Nvidia's chip dominance
• Negative Sentiment: Geopolitical uncertainty — headlines about the fragile Iran cease‑fire — remain a near‑term risk that can trigger volatility and cap rotation away from high‑beta names like Nvidia. Nvidia Stock Is Tied to Fate of Fragile Iran Cease‑Fire

Insider Activity at NVIDIA

In related news, CFO Colette Kress sold 42,650 shares of the firm's stock in a transaction on Friday, March 20th. The shares were 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 directly owned 881,387 shares of the company's stock, valued at approximately $154,145,772.43. This trade represents a 4.62% decrease in their ownership of the stock. The transaction was disclosed in a document filed with the SEC, which can be accessed through this hyperlink. Also, EVP Ajay K. Puri sold 300,000 shares of the firm's stock in a transaction 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 completion of the transaction, the executive vice president directly owned 3,018,547 shares of the company's stock, valued at approximately $550,130,190.75. This trade represents a 9.04% decrease in their ownership of the stock. Additional details regarding this sale are available in the official SEC disclosure. Over the last ninety days, insiders sold 1,201,616 shares of company stock valued at $215,991,407. 4.17% of the stock is owned by corporate insiders.

Wall Street Analyst Weigh In

Several equities research analysts recently commented on the company. Wolfe Research lifted their price objective on NVIDIA from $250.00 to $275.00 and gave the stock an "outperform" rating in a report on Friday, January 30th. New Street Research reduced their price objective on NVIDIA from $307.00 to $275.00 and set a "buy" rating for the company in a report on Tuesday, March 31st. Rothschild & Co Redburn lifted their price objective on NVIDIA from $245.00 to $268.00 and gave the stock a "buy" rating in a report on Thursday, January 15th. KeyCorp reiterated an "overweight" rating and issued a $275.00 price objective on shares of NVIDIA in a report on Tuesday, March 17th. Finally, DA Davidson reiterated a "buy" rating and issued a $250.00 price objective on shares of NVIDIA in a report on Monday, February 23rd. Four analysts have rated the stock with a Strong Buy rating, forty-seven have assigned a Buy rating and two have given a Hold rating to the company. According to MarketBeat.com, NVIDIA has an average rating of "Buy" and a consensus target price of $275.25.

NVIDIA Trading Up 1.0%

NVDA stock opened at $183.91 on Friday. NVIDIA Corporation has a 1-year low of $95.04 and a 1-year high of $212.19. The company has a debt-to-equity ratio of 0.05, a current ratio of 3.91 and a quick ratio of 3.24. The company has a market capitalization of $4.47 trillion, a price-to-earnings ratio of 37.53, a PEG ratio of 0.60 and a beta of 2.34. The business has a 50 day simple moving average of $181.67 and a two-hundred day simple moving average of $184.33.

NVIDIA (NASDAQ:NVDA - Get Free Report) last posted its quarterly earnings results on Wednesday, February 25th. The computer hardware maker reported $1.62 earnings per share for the quarter, topping the consensus estimate of $1.54 by $0.08. NVIDIA had a return on equity of 97.37% and a net margin of 55.60%.The business had revenue of $68.13 billion during the quarter, compared to the consensus estimate of $65.56 billion. During the same period in the prior year, the company posted $0.89 EPS. The firm's revenue for the quarter was up 73.2% compared to the same quarter last year. Research analysts anticipate that NVIDIA Corporation will post 2.77 EPS for the current fiscal year.

NVIDIA Dividend Announcement

The firm also recently announced a quarterly dividend, which was paid on Wednesday, April 1st. Investors 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 dividend on an annualized basis and a dividend yield of 0.0%. NVIDIA's dividend payout ratio (DPR) 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.

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.