NVIDIA Corporation $NVDA Shares Sold by Pennsylvania Capital Management Inc. ADV

Key Points

• Pennsylvania Capital Management trimmed its NVIDIA stake by 3.9%, selling 3,242 shares to hold 79,664 shares valued at about $14.86 million, representing 4.1% of the firm's portfolio and its 8th largest position.
• Significant insider selling has occurred recently — EVP Ajay K. Puri sold 300,000 shares for roughly $54.7 million and insiders have sold 906,336 shares (~$162.8 million) over the past three months, though insiders still own about 4.17% of NVDA.
• Analysts remain broadly bullish: the consensus is a "Buy" with an average target price of $275.25 and several firms recently raising targets (e.g., HSBC $310, Truist $287, JPMorgan $265).

Pennsylvania Capital Management Inc. ADV cut its holdings in NVIDIA Corporation (NASDAQ:NVDA - Free Report) by 3.9% in the fourth quarter, according to the company in its most recent Form 13F filing with the SEC. The institutional investor owned 79,664 shares of the computer hardware maker's stock after selling 3,242 shares during the quarter. NVIDIA makes up 4.1% of Pennsylvania Capital Management Inc. ADV's portfolio, making the stock its 8th largest position. Pennsylvania Capital Management Inc. ADV's holdings in NVIDIA were worth $14,857,000 as of its most recent SEC filing.

Other hedge funds and other institutional investors also recently made changes to their positions in the company. Longfellow Investment Management Co. LLC increased its position in NVIDIA by 47.9% in the second quarter. Longfellow Investment Management Co. LLC now owns 207 shares of the computer hardware maker's stock worth $33,000 after purchasing an additional 67 shares during the period. Spurstone Advisory Services LLC acquired a new stake in NVIDIA in the second quarter worth about $40,000. Sellwood Investment Partners LLC acquired a new stake in NVIDIA in the third quarter worth about $50,000. Networth Advisors LLC acquired a new stake in NVIDIA in the fourth quarter worth about $51,000. Finally, EDENTREE ASSET MANAGEMENT Ltd acquired a new stake in NVIDIA in the second quarter worth about $54,000. 65.27% of the stock is currently owned by institutional investors and hedge funds.

Analysts Set New Price Targets

A number of analysts recently commented on the company. JPMorgan Chase & Co. lifted their price objective on NVIDIA from $250.00 to $265.00 and gave the stock an "overweight" rating in a research report on Thursday, February 26th. Benchmark reiterated a "buy" rating and issued a $250.00 price objective on shares of NVIDIA in a research report on Tuesday, March 31st. Truist Financial lifted their price objective on NVIDIA from $283.00 to $287.00 and gave the stock a "buy" rating in a research report on Wednesday, March 18th. HSBC set a $310.00 price objective on NVIDIA in a research report on Tuesday, February 24th. Finally, Oppenheimer restated an "outperform" rating and set a $265.00 target price on shares of NVIDIA in a report on Thursday, February 26th. Four equities research analysts have rated the stock with a Strong Buy rating, forty-eight have issued a Buy rating and two have given a Hold rating to the stock. According to data from MarketBeat.com, the company has an average rating of "Buy" and an average target price of $275.25.

Insider Activity

In other NVIDIA news, Director John Dabiri sold 3,004 shares of the business's stock in a transaction that occurred on Friday, March 13th. The stock was sold at an average price of $184.90, for a total transaction of $555,439.60. Following the transaction, the director owned 14,788 shares of the company's stock, valued at $2,734,301.20. The trade was a 16.88% decrease in their position. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is available through this link. Also, EVP Ajay K. Puri sold 300,000 shares of the business's stock in a transaction that occurred on Wednesday, March 18th. The stock was sold at an average price of $182.25, for a total value 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 position. Additional details regarding this sale are available in the official SEC disclosure. Over the last three months, insiders have sold 906,336 shares of company stock worth $162,802,518. Corporate insiders own 4.17% of the company's stock.

NVIDIA News Roundup

Here are the key news stories impacting NVIDIA this week:

• Positive Sentiment: Jensen Huang reiterated a long-term vision for “physical AI” — autonomous factories and robot-managed production — which reinforces NVIDIA’s role as the foundational AI compute provider and supports investor confidence in multi-year demand for GPUs. Jensen Huang on physical AI
• Positive Sentiment: Analyst support and bank actions are helping sentiment; DBS raised its price target on NVDA, a near-term catalyst that can stabilize the stock as investors digest earnings and guidance. DBS Bank Raises PT on NVIDIA
• Positive Sentiment: Partner and ecosystem momentum: E-Power announced engineers with deep NVIDIA collaboration are joining its team for high‑power AI datacenter solutions — a sign NVIDIA’s ecosystem continues to attract specialized suppliers and supports downstream GPU demand. E-Power Onboards Expert Engineers...
• Neutral Sentiment: Market-cap narrative: Alphabet’s surge has it closing in on NVIDIA as the world’s largest company — a headline that shifts media focus but doesn’t change NVIDIA’s core AI demand drivers. This is more a market-position story than a fundamental change. Alphabet closes in on Nvidia's spot
• Neutral Sentiment: Cash-flow story highlighted by analysts — Zacks notes very strong operating and free cash flow, which underpins valuation debates and can limit downside over the medium term. NVDA's Cash Generation Soars
• Negative Sentiment: Competitive risk: Google’s move to sell TPUs directly to customers could erode some addressable-market share for NVIDIA in AI compute, raising questions about future pricing power and margins in certain enterprise segments. Google Moves to Sell TPUs Directly
• Negative Sentiment: Market sentiment indicators are turning cautious: crypto/prediction markets are leaning bearish on NVDA into month‑end, which can amplify short-term selling pressure even if fundamentals remain strong. Crypto markets predict Nvidia stock price
• Negative Sentiment: Geopolitical and China exposure risk remains a recurring theme ahead of earnings — MarketBeat highlights investor risks tied to China that could pressure multiples if management flags headwinds. NVIDIA’s China Connection: Investor Risks

NVIDIA Stock Down 1.0%

Shares of NVIDIA stock opened at $196.48 on Wednesday. The business's 50 day simple moving average is $186.88 and its 200 day simple moving average is $186.30. NVIDIA Corporation has a 52-week low of $110.82 and a 52-week high of $216.82. The firm has a market cap of $4.77 trillion, a PE ratio of 40.10, a P/E/G ratio of 0.65 and a beta of 2.25. 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 announced its earnings results on Wednesday, February 25th. The computer hardware maker reported $1.62 earnings per share (EPS) for the quarter, beating 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 business had revenue of $68.13 billion for the quarter, compared to analyst estimates of $65.56 billion. During the same quarter last year, the firm earned $0.89 EPS. NVIDIA's revenue for the quarter was up 73.2% compared to the same quarter last year. On average, analysts predict that NVIDIA Corporation will post 7.78 earnings per share for the current fiscal year.

NVIDIA Announces Dividend

The business also recently declared 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 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 0.82%.

NVIDIA 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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