NVIDIA Corporation $NVDA Shares Bought by Hobart Private Capital LLC

Key Points

• Hobart Private Capital LLC raised its NVIDIA stake 16.2% to 37,539 shares (about $7.0M), making NVDA its 22nd-largest holding and reflecting that institutional investors own roughly 65.27% of the stock.
• Insiders sold 906,336 shares over the past 90 days (≈$162.8M), cutting insider ownership to about 4.17%.
• NVIDIA announced strategic moves including multi‑billion‑dollar funding for Corning optical‑fiber plants and up to $2.1B in IREN to expand AI data‑center capacity, while analysts broadly maintain a Buy consensus with a $275.25 average price target.`

Hobart Private Capital LLC raised its holdings in NVIDIA Corporation (NASDAQ:NVDA - Free Report) by 16.2% during the fourth quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The institutional investor owned 37,539 shares of the computer hardware maker's stock after buying an additional 5,235 shares during the period. NVIDIA comprises about 1.4% of Hobart Private Capital LLC's holdings, making the stock its 22nd largest position. Hobart Private Capital LLC's holdings in NVIDIA were worth $7,001,000 at the end of the most recent quarter.

A number of other hedge funds and other institutional investors also recently bought and sold shares of NVDA. Norges Bank acquired a new stake in NVIDIA in the second quarter valued at $51,386,863,000. Capital Research Global Investors raised its stake in NVIDIA by 16.1% in the third quarter. Capital Research Global Investors now owns 165,377,852 shares of the computer hardware maker's stock valued at $30,855,564,000 after buying an additional 22,896,705 shares in the last quarter. Laurel Wealth Advisors LLC raised its stake in NVIDIA by 15,496.1% in the second quarter. Laurel Wealth Advisors LLC now owns 21,865,525 shares of the computer hardware maker's stock valued at $3,454,534,000 after buying an additional 21,725,326 shares in the last quarter. Danske Bank A S acquired a new stake in NVIDIA in the third quarter valued at $3,180,313,000. Finally, Massachusetts Financial Services Co. MA grew its holdings in shares of NVIDIA by 25.0% during the third quarter. Massachusetts Financial Services Co. MA now owns 71,720,593 shares of the computer hardware maker's stock worth $13,381,628,000 after purchasing an additional 14,358,048 shares during the last quarter. 65.27% of the stock is currently owned by institutional investors and hedge funds.

Insider Activity

In related news, Director Mark A. Stevens sold 221,682 shares of the firm'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 transaction, the director owned 7,399,771 shares of the company's stock, valued at $1,285,192,227.28. This trade represents a 2.91% decrease in their ownership of the stock. The transaction was disclosed in a filing with the SEC, which is available through this link. Also, Director Aarti S. Shah sold 19,000 shares of the firm's stock in a transaction dated Thursday, March 19th. The stock was sold at an average price of $176.71, for a total value of $3,357,490.00. Following the transaction, the director directly owned 36,007 shares in the company, valued at approximately $6,362,796.97. This represents a 34.54% decrease in their position. The SEC filing for this sale provides additional information. Over the last 90 days, insiders have sold 906,336 shares of company stock valued at $162,802,518. Insiders own 4.17% of the company's stock.

Key NVIDIA News

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

Analysts Set New Price Targets

NVDA has been the topic of several research reports. Wedbush raised their price objective on NVIDIA from $230.00 to $300.00 and gave the stock an "outperform" rating in a report on Tuesday, March 3rd. KeyCorp reaffirmed an "overweight" rating and set a $275.00 price objective on shares of NVIDIA in a report on Tuesday, March 17th. Raymond James Financial raised their price objective on NVIDIA from $291.00 to $323.00 and gave the stock a "strong-buy" rating in a report on Thursday, March 19th. Stifel Nicolaus set a $250.00 price objective on NVIDIA in a report on Thursday, January 8th. Finally, TD Cowen reaffirmed a "buy" rating and set a $235.00 price objective on shares of NVIDIA in a report on Tuesday, March 17th. Four 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. According to data from MarketBeat.com, NVIDIA currently has a consensus rating of "Buy" and a consensus price target of $275.25.

NVIDIA Stock Performance

NASDAQ NVDA opened at $211.54 on Friday. 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 52-week low of $115.21 and a 52-week high of $216.82. The business's 50-day moving average price is $187.59 and its 200 day moving average price is $186.68. The firm has a market cap of $5.14 trillion, a P/E ratio of 43.17, a P/E/G ratio of 0.68 and a beta of 2.25.

NVIDIA (NASDAQ:NVDA - Get Free Report) last released its quarterly earnings results 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. NVIDIA had a return on equity of 97.37% and a net margin of 55.60%.The firm had revenue of $68.13 billion for the quarter, compared to analyst estimates of $65.56 billion. During the same quarter last year, the company posted $0.89 earnings per share. The business's revenue was up 73.2% on a year-over-year basis. On average, equities research analysts expect that NVIDIA Corporation will post 7.78 earnings per share for the current year.

NVIDIA Announces Dividend

The business also recently declared a quarterly dividend, which was paid on Wednesday, April 1st. Investors of record on Wednesday, March 11th were issued a dividend of $0.01 per share. 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 currently 0.82%.

About NVIDIA

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.