Rather & Kittrell Inc. Purchases 2,484 Shares of NVIDIA Corporation $NVDA

Key Points

• Rather & Kittrell Inc. increased its NVIDIA stake by 25% in the fourth quarter, buying 2,484 additional shares and bringing its total holdings to 12,418 shares valued at about $2.316 million.
• Wall Street remains broadly bullish on NVIDIA, with several firms reiterating Buy/Outperform ratings and an average price target of about $275.69, well above the stock’s recent price.
• NVIDIA continues to show strong operating momentum, recently reporting EPS of $1.62 and revenue of $68.13 billion, both ahead of estimates, while the stock traded near its 52-week high and was up 4.4% on Friday.

Rather & Kittrell Inc. raised its holdings in shares of NVIDIA Corporation (NASDAQ:NVDA - Free Report) by 25.0% in the fourth quarter, according to its most recent Form 13F filing with the SEC. The institutional investor owned 12,418 shares of the computer hardware maker's stock after purchasing an additional 2,484 shares during the period. NVIDIA accounts for 0.4% of Rather & Kittrell Inc.'s portfolio, making the stock its 26th largest position. Rather & Kittrell Inc.'s holdings in NVIDIA were worth $2,316,000 as of its most recent SEC filing.

A number of other institutional investors and hedge funds have also made changes to their positions in NVDA. Brighton Jones LLC increased its stake in shares of NVIDIA by 12.4% during the fourth quarter. Brighton Jones LLC now owns 324,901 shares of the computer hardware maker's stock valued at $43,631,000 after purchasing an additional 35,815 shares in the last quarter. Bank Pictet & Cie Europe AG increased its holdings in shares of NVIDIA by 1.0% during the fourth quarter. Bank Pictet & Cie Europe AG now owns 2,346,417 shares of the computer hardware maker's stock valued at $315,100,000 after acquiring an additional 22,929 shares in the last quarter. Highview Capital Management LLC DE increased its holdings in shares of NVIDIA by 6.7% during the fourth quarter. Highview Capital Management LLC DE now owns 58,396 shares of the computer hardware maker's stock valued at $7,842,000 after acquiring an additional 3,653 shares in the last quarter. Hudson Value Partners LLC increased its holdings in shares of NVIDIA by 30.7% during the fourth quarter. Hudson Value Partners LLC now owns 50,658 shares of the computer hardware maker's stock valued at $6,805,000 after acquiring an additional 11,900 shares in the last quarter. Finally, Wealth Group Ltd. increased its holdings in shares of NVIDIA by 15.7% during the first quarter. Wealth Group Ltd. now owns 6,598 shares of the computer hardware maker's stock valued at $715,000 after acquiring an additional 896 shares in the last quarter. Institutional investors own 65.27% of the company's stock.

Wall Street Analysts Forecast Growth

Several brokerages have recently weighed in on NVDA. Oppenheimer restated an "outperform" rating and set a $265.00 price target on shares of NVIDIA in a report on Thursday, February 26th. Benchmark restated a "buy" rating and set a $250.00 price target on shares of NVIDIA in a report on Tuesday, March 31st. Royal Bank Of Canada reissued an "outperform" rating and set a $250.00 price target on shares of NVIDIA in a research report on Thursday. KeyCorp reissued an "overweight" rating and set a $275.00 price target on shares of NVIDIA in a research report on Tuesday, March 17th. Finally, Jefferies Financial Group reissued a "buy" rating and set a $275.00 price target (up from $250.00) on shares of NVIDIA in a research report on Friday, January 16th. Four analysts have rated the stock with a Strong Buy rating, forty-eight have given a Buy rating and two have given a Hold rating to the company's stock. According to data from MarketBeat, NVIDIA presently has an average rating of "Buy" and an average price target of $275.69.

NVIDIA Trading Up 4.4%

NVIDIA stock opened at $235.74 on Friday. The business has a 50-day simple moving average of $191.52 and a two-hundred day simple moving average of $188.12. The company has a market cap of $5.71 trillion, a P/E ratio of 48.11, a P/E/G ratio of 0.74 and a beta of 2.25. NVIDIA Corporation has a 52-week low of $129.16 and a 52-week high of $236.54. 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 released its quarterly 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 during the quarter, compared to the consensus estimate of $65.56 billion. During the same period in the previous year, the company posted $0.89 EPS. The business's quarterly revenue was up 73.2% compared to the same quarter last year. Analysts predict that NVIDIA Corporation will post 7.84 EPS for the current year.

NVIDIA Dividend Announcement

The firm also recently disclosed a quarterly dividend, which was paid on Wednesday, April 1st. Stockholders 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 dividend on an annualized basis and a dividend yield of 0.0%. NVIDIA's payout ratio is presently 0.82%.

Key Stories Impacting NVIDIA

Here are the key news stories impacting NVIDIA this week:

• Positive Sentiment: U.S. approval for H200 chip sales to several Chinese tech giants has fueled hopes that Nvidia may finally start monetizing more of the China AI market. Reuters article
• Positive Sentiment: Jensen Huang’s presence on Trump’s China trip is being viewed as a sign that Nvidia’s trade and export issues may improve. Reuters article
• Positive Sentiment: Analysts raised price targets, reinforcing the view that the stock still has room to run before earnings. Benzinga article
• Positive Sentiment: Nvidia’s SAP partnership and broader AI infrastructure expansion support the company’s long-term enterprise AI growth narrative. Insider Monkey article
• Neutral Sentiment: Cerebras’ blockbuster IPO adds a new AI-chip rival, but it is not yet a direct threat to Nvidia’s dominant position. Yahoo Finance article
• Negative Sentiment: Some reports warn that China is still favoring domestic AI chips, which could limit how much of the approved Nvidia business actually converts into revenue. CNBC article
• Negative Sentiment: Bears are also warning that AI spending enthusiasm may be getting ahead of actual utilization, raising valuation risk for the whole sector. Finbold article

Insider Activity

In related 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 completion of the transaction, the director directly owned 14,788 shares in the company, valued at approximately $2,734,301.20. The trade was a 16.88% decrease in their position. The sale was disclosed in a legal filing with the SEC, which can be accessed through this link. Also, Director Mark A. Stevens sold 221,682 shares of the business's stock in a transaction that occurred on Friday, March 20th. The shares were sold at an average price of $173.68, for a total value of $38,501,729.76. Following the transaction, the director owned 7,399,771 shares of the company's stock, valued at approximately $1,285,192,227.28. This trade represents a 2.91% decrease in their ownership of the stock. The SEC filing for this sale provides additional information. Over the last 90 days, insiders have sold 906,336 shares of company stock worth $162,802,518. Company insiders own 4.17% of the company's stock.

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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