Parsons Capital Management Inc. RI Cuts Holdings in NVIDIA Corporation $NVDA

Key Points

• Parsons Capital Management cut its NVIDIA holding by 2.9% in Q4, selling 4,114 shares and leaving it with 137,525 shares worth $25.65 million (about 1.4% of its portfolio and its 12th-largest holding).
• Significant insider selling occurred this quarter: CFO Colette Kress sold 42,650 shares (~$7.46M) and EVP Ajay Puri sold 300,000 shares (~$54.68M), with total insider sales of 1,401,616 shares valued at $253.56M; insiders now own 4.17% of the stock.
• NVIDIA’s fundamentals and analyst backdrop remain strong: the company reported $68.13 billion in revenue and $1.62 EPS (beating estimates) with very high margins, and most analysts rate the stock a Buy with an average price target of $275.25.

Parsons Capital Management Inc. RI decreased its holdings in NVIDIA Corporation (NASDAQ:NVDA - Free Report) by 2.9% in the fourth quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission. The institutional investor owned 137,525 shares of the computer hardware maker's stock after selling 4,114 shares during the period. NVIDIA comprises about 1.4% of Parsons Capital Management Inc. RI's investment portfolio, making the stock its 12th biggest holding. Parsons Capital Management Inc. RI's holdings in NVIDIA were worth $25,648,000 at the end of the most recent quarter.

Several other hedge funds have also recently modified their holdings of the business. Winnow Wealth LLC bought a new position in NVIDIA during the 2nd quarter valued at about $32,000. Longfellow Investment Management Co. LLC boosted its holdings in shares of NVIDIA by 47.9% during the 2nd quarter. Longfellow Investment Management Co. LLC now owns 207 shares of the computer hardware maker's stock valued at $33,000 after acquiring an additional 67 shares during the last quarter. Spurstone Advisory Services LLC bought a new stake in shares of NVIDIA in the second quarter worth approximately $40,000. Sellwood Investment Partners LLC bought a new stake in shares of NVIDIA in the third quarter worth approximately $50,000. Finally, EDENTREE ASSET MANAGEMENT Ltd purchased a new position in shares of NVIDIA during the second quarter valued at approximately $54,000. Hedge funds and other institutional investors own 65.27% of the company's stock.

NVIDIA News Roundup

Here are the key news stories impacting NVIDIA this week:

• Positive Sentiment: NVIDIA made a $2 billion equity investment and expanded its NVLink Fusion partnership with Marvell — a deal that strengthens NVDA’s AI‑infrastructure ecosystem and prompted sector buying. Nvidia Makes Equity Investment In Marvell Technology
• Positive Sentiment: Major Wall Street shops and independent researchers continue to back NVDA: Wolfe Research maintained a Buy and other firms (Benchmark) reaffirmed Buy ratings with elevated price targets — supporting demand for the shares. Wolfe Research Maintains a Buy Rating on Nvidia (NVDA)
• Positive Sentiment: NVIDIA’s recent results show very high profitability (gross margins near 75%) and huge revenue growth year-over-year, which underpins bullish analyst earnings/forecast models. NVIDIA's Gross Margin Hovers Near 75%
• Neutral Sentiment: NVDA is a top holding in several AI-focused ETFs and thematic pieces highlighting ETFs/sector exposure — which can amplify flows into or out of NVDA depending on ETF rebalancing. 3 AI ETFs That Let You Invest in the Entire AI Boom at Once
• Neutral Sentiment: Some research shops trimmed price targets (New Street cut its target but kept a Buy) — a mixed signal: it tempers upside expectations while leaving institutional conviction intact. New Street Research Adjusts Nvidia Price Target
• Negative Sentiment: Geopolitical risk is pressuring chip stocks: threats from Iran and the broader Middle East conflict have raised supply‑chain and security concerns for NVDA and peers. Iran threatens Nvidia, Apple and other tech giants
• Negative Sentiment: Data show Chinese AI chipmakers gaining material share in China’s server accelerator market — a threat to NVDA’s dominance in a key end market. Chinese chipmakers claim nearly half of local market as Nvidia's lead shrinks
• Negative Sentiment: Some large investors trimmed exposure (D. E. Shaw reported a stake reduction), which can add selling pressure during sector weakness. NVIDIA Corporation (NVDA): D. E. Shaw Trims Stake

Insider Transactions at NVIDIA

In other NVIDIA news, CFO Colette Kress sold 42,650 shares of NVIDIA 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 sale, the chief financial officer directly owned 881,387 shares in the company, valued at approximately $154,145,772.43. The trade was a 4.62% decrease in their position. The sale was disclosed in a legal filing with the SEC, which is accessible through this link. Also, EVP Ajay K. Puri sold 300,000 shares of the business's stock in a transaction on Wednesday, March 18th. The stock was sold at an average price of $182.25, for a total transaction of $54,675,000.00. Following the completion of the sale, the executive vice president owned 3,018,547 shares in the company, valued at approximately $550,130,190.75. The trade was a 9.04% decrease in their position. The SEC filing for this sale provides additional information. Over the last quarter, insiders have sold 1,401,616 shares of company stock valued at $253,555,407. 4.17% of the stock is currently owned by corporate insiders.

Analysts Set New Price Targets

A number of research analysts recently weighed in on NVDA shares. Tigress Financial restated a "strong-buy" rating and set a $360.00 price objective (up from $350.00) on shares of NVIDIA in a research report on Thursday, March 5th. Sanford C. Bernstein boosted their target price on shares of NVIDIA from $275.00 to $300.00 and gave the company an "outperform" rating in a research note on Thursday, February 26th. Stifel Nicolaus set a $250.00 price target on NVIDIA in a report on Thursday, January 8th. Evercore restated an "outperform" rating on shares of NVIDIA in a research note on Tuesday, January 6th. Finally, The Goldman Sachs Group set a $250.00 price objective on NVIDIA and gave the stock a "buy" rating in a report on Wednesday, February 25th. Four research analysts have rated the stock with a Strong Buy rating, forty-seven have assigned a Buy rating and two have assigned a Hold rating to the company's stock. According to data from MarketBeat, the company currently has an average rating of "Buy" and an average price target of $275.25.

NVIDIA Stock Performance

NASDAQ NVDA opened at $177.39 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 twelve month low of $86.62 and a twelve month high of $212.19. The business has a 50-day moving average price of $182.62 and a 200-day moving average price of $184.17. The firm has a market cap of $4.31 trillion, a price-to-earnings ratio of 36.20, a price-to-earnings-growth ratio of 0.59 and a beta of 2.34.

NVIDIA (NASDAQ:NVDA - Get Free Report) last issued its earnings results on Wednesday, February 25th. The computer hardware maker reported $1.62 earnings per share (EPS) for the quarter, beating 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 company had revenue of $68.13 billion for the quarter, compared to the consensus estimate of $65.56 billion. During the same quarter last year, the company earned $0.89 EPS. The firm's quarterly revenue was up 73.2% on a year-over-year basis. As a group, equities research analysts predict that NVIDIA Corporation will post 2.77 EPS for the current fiscal year.

NVIDIA Dividend Announcement

The business also recently announced a quarterly dividend, which was paid on Wednesday, April 1st. Stockholders of record on Wednesday, March 11th were issued a $0.01 dividend. This represents a $0.04 annualized dividend and a dividend yield of 0.0%. The ex-dividend date of this dividend was Wednesday, March 11th. 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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