NVIDIA Corporation $NVDA Shares Sold by Sumitomo Mitsui Trust Group Inc.

Key Points

• Sumitomo Mitsui Trust Group trimmed its NVIDIA stake by 3% in Q4, selling about 1.96 million shares and now holds 63,235,883 shares — roughly 6.9% of its portfolio, valued at about $11.79 billion.
• Institutional ownership remains high (~65.27%) with large funds like State Street and Geode adding to positions, and Wall Street is broadly bullish (consensus "Buy" and a ~$275.25 price target) after NVDA hit record market value and reported stronger-than-expected revenue and EPS.
• Notable insider selling occurred recently — EVP Ajay Puri sold 300,000 shares and insiders disposed of ~953,976 shares (~$171 million) in the last quarter, although insiders still own about 4.17% of the company.

Sumitomo Mitsui Trust Group Inc. trimmed its holdings in shares of NVIDIA Corporation (NASDAQ:NVDA - Free Report) by 3.0% during the fourth quarter, according to the company in its most recent Form 13F filing with the SEC. The fund owned 63,235,883 shares of the computer hardware maker's stock after selling 1,958,209 shares during the quarter. NVIDIA accounts for about 6.9% of Sumitomo Mitsui Trust Group Inc.'s investment portfolio, making the stock its biggest position. Sumitomo Mitsui Trust Group Inc. owned approximately 0.26% of NVIDIA worth $11,793,492,000 as of its most recent SEC filing.

Other institutional investors and hedge funds have also recently bought and sold shares of the company. State Street Corp raised its holdings in NVIDIA by 1.0% in the second quarter. State Street Corp now owns 978,208,862 shares of the computer hardware maker's stock valued at $154,556,803,000 after acquiring an additional 9,554,857 shares in the last quarter. Geode Capital Management LLC grew its holdings in NVIDIA by 1.5% during the 2nd quarter. Geode Capital Management LLC now owns 579,213,497 shares of the computer hardware maker's stock worth $91,150,170,000 after acquiring an additional 8,521,936 shares in the last quarter. Norges Bank acquired a new position in NVIDIA during the 2nd quarter worth $51,386,863,000. Legal & General Group Plc increased its position in shares of NVIDIA by 1.5% in the 3rd quarter. Legal & General Group Plc now owns 181,203,035 shares of the computer hardware maker's stock worth $33,808,862,000 after purchasing an additional 2,609,560 shares during the last quarter. Finally, Capital Research Global Investors raised its stake in shares of NVIDIA by 16.1% in the 3rd 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 purchasing an additional 22,896,705 shares in the last quarter. Hedge funds and other institutional investors own 65.27% of the company's stock.

Key Stories Impacting NVIDIA

Here are the key news stories impacting NVIDIA this week:

• Positive Sentiment: NVIDIA set a new record market value after Monday’s surge, reinforcing momentum and investor FOMO around its AI/data‑center leadership. Nvidia Sets New Record With Nearly $5.3 Trillion Value After AI Darling Surges 4%
• Positive Sentiment: Bank of America keeps NVDA a top sector pick and says bigger cash returns (dividends/buybacks) could be the next re-rating catalyst — a concrete potential upside driver for the stock. Nvidia could unlock next leg of re-rating through bigger cash returns, BofA says
• Positive Sentiment: Broader AI supply‑chain strength: Cadence raised its revenue outlook on sustained AI chip‑design demand, supporting the narrative that software/EDA tailwinds will keep GPU orders healthy. Cadence lifts annual revenue forecast on sustained AI chip-design boom
• Positive Sentiment: Analyst upgrades and buy ratings (including a Seeking Alpha upgrade) and consensus models showing meaningful upside reinforce buy-side conviction into NVDA. Nvidia: Biting The Bullet And Upgrading My Rating
• Positive Sentiment: High-profile bullish commentary (e.g., Jim Cramer) amplifies retail interest and momentum flows into NVDA shares. I fully expect Nvidia to be at the heart of the AI revolution and the data center, says Jim Cramer
• Neutral Sentiment: Some analysts note this is a “make‑or‑break” week after a record high — implying near‑term volatility around corporate earnings and macro catalysts. Nvidia Just Jumped to a Record High—Why This Could Be a Make-or-Break Week for the Stock
• Neutral Sentiment: Data points showing massive H100‑equivalent GPU shipments underpin the long-term growth thesis but also raise questions about sustained supply and margin dynamics. The 1 Number That Shows Why Nvidia Is Not Done Growing
• Neutral Sentiment: Consensus price targets and analyst models still imply upside (~29% per Zacks), keeping buy-side interest high but also setting a benchmark for future earnings/guide beats. Wall Street Analysts See a 29.06% Upside in Nvidia (NVDA)
• Negative Sentiment: Technical/momentum warnings — some outlets flagged an overbought reading that could presage a pullback if buyers step back. Nvidia stock just flashed a major crash signal
• Negative Sentiment: The semiconductor index pulled back as chip stocks “took a breather,” a short‑term headwind that can pressure even top names on rotation days. Chip Stocks Take A Breather After Historic Run. What's Next For Semiconductor Group?
• Negative Sentiment: Competitive pressure from cloud vendors’ custom silicon (Google TPUs) and new entrants (Cerebras IPO signals) could weigh on long‑term share if customers diversify away from GPUs. Google’s Latest TPU Advances Make the AI Hardware Race Feel Less One-Sided

Wall Street Analysts Forecast Growth

Several equities analysts have recently commented on the stock. The Goldman Sachs Group set a $250.00 price target on shares of NVIDIA and gave the stock a "buy" rating in a research report on Wednesday, February 25th. Citigroup started coverage on NVIDIA in a research note on Wednesday, April 15th. They set a "buy" rating on the stock. Bank of America increased their target price on NVIDIA from $275.00 to $300.00 and gave the stock a "buy" rating in a report on Thursday, February 26th. Fundamental Research set a $218.00 target price on NVIDIA in a research report on Thursday, February 26th. Finally, Itau BBA Securities reiterated a "market perform" rating on shares of NVIDIA in a report on Thursday, February 26th. Four analysts have rated the stock with a Strong Buy rating, forty-eight have assigned a Buy rating and two have assigned a Hold rating to the stock. Based on data from MarketBeat.com, the company currently has a consensus rating of "Buy" and a consensus price target of $275.25.

NVIDIA Stock Performance

Shares of NVDA stock opened at $216.61 on Tuesday. The company has a market cap of $5.26 trillion, a P/E ratio of 44.21, a PEG ratio of 0.69 and a beta of 2.34. The business has a 50 day moving average of $185.52 and a two-hundred day moving average of $185.68. NVIDIA Corporation has a 52 week low of $104.08 and a 52 week high of $216.83. 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 (NASDAQ:NVDA - Get Free Report) last announced its quarterly earnings results on Wednesday, February 25th. The computer hardware maker reported $1.62 earnings per share 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 business had revenue of $68.13 billion for the quarter, compared to analysts' expectations of $65.56 billion. During the same period in the prior year, the firm earned $0.89 EPS. The business's quarterly revenue was up 73.2% on a year-over-year basis. As a group, analysts anticipate that NVIDIA Corporation will post 7.77 EPS for the current year.

NVIDIA Dividend Announcement

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

Insider Activity at NVIDIA

In related news, EVP Ajay K. Puri sold 300,000 shares of the stock in a transaction dated Wednesday, March 18th. The shares were sold at an average price of $182.25, for a total value of $54,675,000.00. Following the sale, the executive vice president owned 3,018,547 shares of the company's stock, valued at $550,130,190.75. This trade represents a 9.04% decrease in their position. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is accessible through the SEC website. Also, Director Aarti S. Shah sold 19,000 shares of the business's stock in a transaction dated Thursday, March 19th. The shares were sold at an average price of $176.71, for a total transaction of $3,357,490.00. Following the transaction, the director directly owned 36,007 shares of the company's stock, valued at $6,362,796.97. The trade was a 34.54% decrease in their ownership of the stock. The disclosure for this sale is available in the SEC filing. In the last quarter, insiders have sold 953,976 shares of company stock valued at $171,173,819. Company insiders own 4.17% of the company's stock.

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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