Provenance Wealth Advisors LLC Purchases 17,300 Shares of NVIDIA Corporation $NVDA

Key Points

• Provenance Wealth Advisors LLC increased its NVIDIA stake by 21.1%, buying 17,300 shares to hold 99,440 shares worth $18.546 million, representing 2.1% of its portfolio and its 12th-largest position.
• Insiders have been net sellers: CFO Colette Kress sold 42,650 shares and Director Aarti S. Shah sold 19,000, with insiders disposing of 953,976 shares worth $171.17 million over the past three months, though insiders still own 4.17% of NVDA.
• Analysts remain broadly bullish — multiple firms raised price targets and ratings, leaving NVDA with a consensus "Buy" and an average price target of $275.25.

Provenance Wealth Advisors LLC lifted its position in shares of NVIDIA Corporation (NASDAQ:NVDA - Free Report) by 21.1% during the fourth quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The institutional investor owned 99,440 shares of the computer hardware maker's stock after purchasing an additional 17,300 shares during the quarter. NVIDIA accounts for 2.1% of Provenance Wealth Advisors LLC's portfolio, making the stock its 12th largest position. Provenance Wealth Advisors LLC's holdings in NVIDIA were worth $18,546,000 at the end of the most recent reporting period.

Several other institutional investors and hedge funds also recently made changes to their positions in the company. PMG Family Office LLC purchased a new stake in NVIDIA during the 3rd quarter worth about $2,150,000. Oak Ridge Investments LLC grew its holdings in NVIDIA by 2.2% during the 3rd quarter. Oak Ridge Investments LLC now owns 970,860 shares of the computer hardware maker's stock valued at $181,143,000 after buying an additional 20,559 shares in the last quarter. Weaver Capital Management LLC increased its position in shares of NVIDIA by 5.5% during the fourth quarter. Weaver Capital Management LLC now owns 85,216 shares of the computer hardware maker's stock valued at $15,893,000 after buying an additional 4,439 shares during the period. Circle Wealth Management LLC lifted its holdings in shares of NVIDIA by 16.1% in the third quarter. Circle Wealth Management LLC now owns 107,787 shares of the computer hardware maker's stock worth $20,111,000 after buying an additional 14,936 shares in the last quarter. Finally, Sunburst Financial Group LLC lifted its holdings in shares of NVIDIA by 11.3% in the fourth quarter. Sunburst Financial Group LLC now owns 42,515 shares of the computer hardware maker's stock worth $7,929,000 after buying an additional 4,300 shares in the last quarter. Institutional investors and hedge funds own 65.27% of the company's stock.

Insider Transactions at NVIDIA

In related news, CFO Colette Kress sold 42,650 shares of the business's stock in a transaction that occurred on 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 owned 881,387 shares in the company, valued at $154,145,772.43. The trade was a 4.62% decrease in their position. The transaction was disclosed in a filing with the SEC, which is available through the SEC website. Also, Director Aarti S. Shah sold 19,000 shares of the company's stock in a transaction that occurred on 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 completion of the sale, the director directly owned 36,007 shares of the company's stock, valued at approximately $6,362,796.97. This represents a 34.54% decrease in their position. Additional details regarding this sale are available in the official SEC disclosure. In the last three months, insiders sold 953,976 shares of company stock worth $171,173,819. Company insiders own 4.17% of the company's stock.

Analyst Ratings Changes

Several equities analysts recently commented on the stock. Raymond James Financial boosted their price objective on shares of NVIDIA from $291.00 to $323.00 and gave the company a "strong-buy" rating in a research note on Thursday, March 19th. DA Davidson reiterated a "buy" rating and issued a $250.00 target price on shares of NVIDIA in a research note on Monday, February 23rd. Wedbush raised their price target on shares of NVIDIA from $230.00 to $300.00 and gave the company an "outperform" rating in a report on Tuesday, March 3rd. Tigress Financial restated a "strong-buy" rating and set a $360.00 price target (up from $350.00) on shares of NVIDIA in a research report on Thursday, March 5th. Finally, Wolfe Research increased their price objective on NVIDIA from $250.00 to $275.00 and gave the stock an "outperform" rating in a research report on Friday, January 30th. Four equities research analysts have rated the stock with a Strong Buy rating, forty-eight have given a Buy rating and two have issued a Hold rating to the company. According to data from MarketBeat.com, the company presently has an average rating of "Buy" and a consensus price target of $275.25.

Key Stories Impacting NVIDIA

Here are the key news stories impacting NVIDIA this week:

• Positive Sentiment: Bernstein says AI agents are driving chip demand “off the charts,” and supply can’t keep up — a clear tailwind for Nvidia’s pricing power and long-term revenue trajectory. Bernstein: AI Agents Drive Chip Demand ‘Off the Charts’
• Positive Sentiment: Nvidia backed DeepInfra’s $107M round — strategic ecosystem investments that address inference bottlenecks and help lock in future GPU demand from cloud inference providers. Nvidia Backs DeepInfra in $107 Million Raise
• Positive Sentiment: Bloomberg reports Nvidia’s pivot to “physical AI” is igniting a rally across its Asian supply chain — signals expanding end-markets and stronger demand for partners that feed Nvidia’s ecosystem. Nvidia’s pivot to physical AI ignites rally
• Positive Sentiment: Institutional buying continues (Manning & Napier increased its NVDA stake) — supportive flows that can buoy the share price during volatility. Manning & Napier Boosts Nvidia Stake
• Neutral Sentiment: Barron’s discusses technicals around the $200 level — useful for traders watching momentum, but not new fundamental news. Nvidia's Big Move: Breakout or Bear Trap?
• Negative Sentiment: Jensen Huang said Nvidia “now has zero market share in China” — highlights regulatory/export-control limits on direct China sales and the risk that losing that market could cap growth. Nvidia CEO: zero market share in China
• Negative Sentiment: Customers are seeking alternative suppliers (Anthropic in talks with Fractile; Cerebras targeting an IPO) — growing chip supply diversification could erode some future Nvidia share if rivals scale. Anthropic in talks to secure Fractile chips
• Negative Sentiment: Speculative bearish takes (trading experts warning of large crashes) increase narrative risk and volatility for NVDA — could pressure sentiment in short-term selloffs. Trading expert predicts NVDA crash

NVIDIA Price Performance

Shares of NASDAQ:NVDA opened at $198.51 on Tuesday. The company's fifty day moving average price is $186.75 and its 200-day moving average price is $186.18. The company has a debt-to-equity ratio of 0.05, a current ratio of 3.91 and a quick ratio of 3.24. The firm has a market capitalization of $4.82 trillion, a price-to-earnings ratio of 40.51, a PEG ratio of 0.65 and a beta of 2.25. NVIDIA Corporation has a one year low of $110.82 and a one year high of $216.82.

NVIDIA (NASDAQ:NVDA - Get Free Report) last posted its quarterly earnings data 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. The company had revenue of $68.13 billion during the quarter, compared to the consensus estimate of $65.56 billion. NVIDIA had a net margin of 55.60% and a return on equity of 97.37%. The firm's revenue was up 73.2% compared to the same quarter last year. During the same period in the previous year, the firm posted $0.89 EPS. On average, equities research analysts anticipate that NVIDIA Corporation will post 7.78 earnings per share for the current fiscal year.

NVIDIA Dividend Announcement

The company also recently declared a quarterly dividend, which was paid on Wednesday, April 1st. Shareholders of record on Wednesday, March 11th were paid 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 yield of 0.0%. NVIDIA's payout ratio is 0.82%.

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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