NVIDIA Corporation $NVDA Stock Position Trimmed by Eastover Investment Advisors LLC

Key Points

• Eastover Investment Advisors trimmed its NVIDIA stake by 6.1% in Q4 to 64,642 shares (worth $12.06M), making NVDA roughly 5.3% of the fund and its fourth-largest holding.
• Heavy institutional activity: large managers like Norges Bank, Capital Research and MFS made sizable new or increased purchases, and about 65.27% of NVDA is owned by hedge funds and other institutions.
• NVIDIA beat expectations (Q EPS $1.62 vs $1.54; revenue $68.13B, up 73.2% YoY), carries a consensus analyst rating of "Buy" with a $275.95 target, though insiders have sold ~1.4M shares (~$253.6M) in the past three months.

Eastover Investment Advisors LLC cut its stake in NVIDIA Corporation (NASDAQ:NVDA - Free Report) by 6.1% in the fourth quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The fund owned 64,642 shares of the computer hardware maker's stock after selling 4,211 shares during the quarter. NVIDIA comprises approximately 5.3% of Eastover Investment Advisors LLC's holdings, making the stock its 4th largest holding. Eastover Investment Advisors LLC's holdings in NVIDIA were worth $12,056,000 at the end of the most recent reporting period.

Other institutional investors and hedge funds also recently bought and sold shares of the company. Norges Bank bought a new stake in shares of NVIDIA during the second quarter valued at approximately $51,386,863,000. Capital Research Global Investors boosted its holdings in shares of 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 purchasing an additional 22,896,705 shares during the period. Laurel Wealth Advisors LLC grew 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 worth $3,454,534,000 after purchasing an additional 21,725,326 shares in the last quarter. Danske Bank A S purchased a new position in NVIDIA during the 3rd quarter worth $3,180,313,000. Finally, Massachusetts Financial Services Co. MA increased its holdings in NVIDIA by 25.0% during the 3rd 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 period. 65.27% of the stock is owned by hedge funds and other institutional investors.

More NVIDIA News

Here are the key news stories impacting NVIDIA this week:

• Positive Sentiment: NVIDIA is accelerating cloud demand via a $2 billion investment/partnership with Nebius to build a full‑stack, NVIDIA‑powered AI cloud and support multiple gigawatts of capacity through 2030 — a long‑dated demand outlet for GPUs and data‑center chips. AI Infrastructure Wars Are Officially Here — Nvidia's $2B Nebius Push Just Turned Up the Heat
• Positive Sentiment: Large AI customers continue to back NVIDIA hardware: French startup Mistral raised debt to build an NVIDIA‑powered data center (plans to use tens of thousands of GPUs), signaling meaningful near‑term procurement for high‑end chips. That supports revenue visibility for NVDA's data‑center segment. Mistral secures $830 million in debt financing to fund AI data center
• Positive Sentiment: Enterprise adoption: Coupang announced an “AI factory” built with NVIDIA tech to automate logistics and delivery — another example of vertical integration that should sustain recurring GPU/cloud spend from large platform customers. Coupang (CPNG) and Nvidia Build AI Factory for Logistics Operations
• Positive Sentiment: Wall‑street/strategist support: Bank of America and other outlets keep NVIDIA among top AI/semiconductor picks, which could underpin buy‑side interest if near‑term earnings continue to beat. BofA Reveals Top AI Semiconductor Picks: NVIDIA (NVDA), Broadcom (AVGO), and AMD Lead
• Neutral Sentiment: Ecosystem recognition and partnerships (eg. IGEL partner awards, Dassault Systèmes integrations) highlight broad platform adoption but are incremental vs. large data‑center orders. IGEL Recognizes Nutanix, Omnissa, NVIDIA, HP and Imprivata as 2026 IGEL Ready Partners of the Year
• Neutral Sentiment: Smaller ecosystem news (startups naming NVIDIA as a customer, like Qodo) validate enterprise traction but are not material revenue drivers on their own. Qodo Raises $70M to Accelerate Fight Against Software Slop From OpenClaw and Claude Code
• Negative Sentiment: Valuation and sentiment drag: NVDA’s P/E has fallen to multi‑year lows amid geopolitical risk and market risk‑off, compressing multiples even as revenue growth stays strong — that increases downside if macro volatility persists. Nvidia's PE sinks to seven-year low as war and AI angst weigh
• Negative Sentiment: Institutional repositioning: Reports say institutions cut >$70B of NVDA exposure in recent filings — large outflows or rebalancing can amplify volatility and pressure price in the near term. Institutions have dumped over $70 billion of Nvidia stock
• Negative Sentiment: Operational/supply risks: Reports flag potential production headwinds (eg. helium shortages for chip manufacturing) that could constrain supply or increase costs if they persist. Nvidia: Helium Shortage Problems

Analyst Upgrades and Downgrades

NVDA has been the subject of several research reports. Raymond James Financial upped their target price on NVIDIA from $291.00 to $323.00 and gave the stock a "strong-buy" rating in a report on Thursday, March 19th. KeyCorp restated an "overweight" rating and set a $275.00 price target on shares of NVIDIA in a research note on Tuesday, March 17th. Wolfe Research lifted their price objective on NVIDIA from $250.00 to $275.00 and gave the company an "outperform" rating in a report on Friday, January 30th. Mizuho set a $275.00 target price on shares of NVIDIA and gave the stock an "outperform" rating in a report on Friday, January 9th. Finally, HSBC set a $310.00 target price on shares of NVIDIA in a research report on Tuesday, February 24th. Four 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. Based on data from MarketBeat, NVIDIA currently has an average rating of "Buy" and a consensus target price of $275.95.

NVIDIA Stock Down 1.4%

Shares of NVIDIA stock opened at $165.17 on Tuesday. The company has a quick ratio of 3.24, a current ratio of 3.91 and a debt-to-equity ratio of 0.05. The company has a market cap of $4.01 trillion, a P/E ratio of 33.71, a PEG ratio of 0.56 and a beta of 2.33. The firm's 50 day moving average price is $182.99 and its 200-day moving average price is $184.30. NVIDIA Corporation has a 52-week low of $86.62 and a 52-week high of $212.19.

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

NVIDIA Dividend Announcement

The firm also recently disclosed a quarterly dividend, which will be paid on Wednesday, April 1st. Stockholders of record on Wednesday, March 11th will be issued a dividend of $0.01 per share. This represents a $0.04 annualized dividend and a dividend yield of 0.0%. The ex-dividend date is Wednesday, March 11th. NVIDIA's dividend payout ratio is currently 0.82%.

Insider Transactions at NVIDIA

In other NVIDIA news, CFO Colette Kress sold 42,650 shares of the stock in a transaction dated Friday, March 20th. The stock was sold at an average price of $174.89, for a total value of $7,459,058.50. Following the completion of the sale, the chief financial officer directly owned 881,387 shares in the company, 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 filing with the SEC, which can be accessed through the SEC website. Also, 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 value of $38,501,729.76. Following the completion of the sale, the director directly owned 7,399,771 shares of the company's stock, valued at approximately $1,285,192,227.28. This represents a 2.91% decrease in their position. Additional details regarding this sale are available in the official SEC disclosure. Over the last three months, insiders have sold 1,401,616 shares of company stock worth $253,555,407. 4.17% of the stock is currently owned by corporate insiders.

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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