Red Door Wealth Management LLC Grows Stock Position in NVIDIA Corporation $NVDA

Key Points

• Red Door Wealth Management LLC increased its stake in NVIDIA by 2.0% in Q4 to 260,685 shares (about $48.6 million), making the stock roughly 5.1% of its holdings and its second-largest position.
• Company insiders have been selling: Director Mark A. Stevens sold 221,682 shares and insiders sold a total of 1,153,976 shares valued at $207.18 million in the last 90 days, leaving insiders with about 4.17% ownership.
• Analysts remain broadly positive with a consensus Buy rating and an average price target of $275.25, while NVIDIA recently beat estimates (EPS $1.62 vs. $1.54) and reported revenue of $68.13 billion, up 73.2% year‑over‑year.

Red Door Wealth Management LLC lifted its stake in shares of NVIDIA Corporation (NASDAQ:NVDA - Free Report) by 2.0% during the fourth quarter, according to the company in its most recent 13F filing with the SEC. The firm owned 260,685 shares of the computer hardware maker's stock after purchasing an additional 5,134 shares during the quarter. NVIDIA accounts for about 5.1% of Red Door Wealth Management LLC's holdings, making the stock its 2nd largest position. Red Door Wealth Management LLC's holdings in NVIDIA were worth $48,618,000 as of its most recent filing with the SEC.

A number of other hedge funds and other institutional investors also recently made changes to their positions in the stock. State Street Corp grew its position in NVIDIA by 1.0% during the second quarter. State Street Corp now owns 978,208,862 shares of the computer hardware maker's stock worth $154,556,803,000 after buying an additional 9,554,857 shares in the last quarter. Geode Capital Management LLC grew its position in NVIDIA by 1.5% during the second quarter. Geode Capital Management LLC now owns 579,213,497 shares of the computer hardware maker's stock worth $91,150,170,000 after buying an additional 8,521,936 shares in the last quarter. Norges Bank purchased a new position in NVIDIA during the second quarter worth about $51,386,863,000. Legal & General Group Plc grew its position in NVIDIA by 1.5% during the third quarter. Legal & General Group Plc now owns 181,203,035 shares of the computer hardware maker's stock worth $33,808,862,000 after buying an additional 2,609,560 shares in the last quarter. Finally, Capital Research Global Investors grew its position in NVIDIA by 16.1% during the third quarter. Capital Research Global Investors now owns 165,377,852 shares of the computer hardware maker's stock worth $30,855,564,000 after buying an additional 22,896,705 shares in the last quarter. 65.27% of the stock is currently owned by institutional investors.

Insider Activity

In other news, Director Mark A. Stevens sold 221,682 shares of the business's stock in a transaction that occurred on Friday, March 20th. The stock was sold at an average price of $173.68, for a total transaction of $38,501,729.76. Following the transaction, the director directly owned 7,399,771 shares of the company's stock, valued at approximately $1,285,192,227.28. The trade was a 2.91% decrease in their ownership of the stock. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is accessible through this hyperlink. Also, Director John Dabiri sold 3,004 shares of the business's stock in a transaction that occurred on Friday, March 13th. The shares were sold at an average price of $184.90, for a total value of $555,439.60. Following the transaction, the director directly owned 14,788 shares in the company, valued at $2,734,301.20. This trade represents a 16.88% decrease in their ownership of the stock. The disclosure for this sale is available in the SEC filing. In the last ninety days, insiders sold 1,153,976 shares of company stock valued at $207,181,819. 4.17% of the stock is owned by insiders.

Wall Street Analyst Weigh In

Several equities analysts recently commented on NVDA shares. New Street Research reduced their target price on NVIDIA from $307.00 to $275.00 and set a "buy" rating for the company in a research report on Tuesday, March 31st. Oppenheimer restated an "outperform" rating and set a $265.00 target price on shares of NVIDIA in a research report on Thursday, February 26th. Morgan Stanley set a $260.00 target price on NVIDIA in a research report on Monday, March 2nd. Jefferies Financial Group restated a "buy" rating and set a $275.00 target price (up from $250.00) on shares of NVIDIA in a research report on Friday, January 16th. Finally, Cantor Fitzgerald restated an "overweight" rating and set a $300.00 target price on shares of NVIDIA in a research report on Monday, March 23rd. Four equities research 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 company's stock. Based on data from MarketBeat.com, the stock presently has an average rating of "Buy" and a consensus price target of $275.25.

More NVIDIA News

Here are the key news stories impacting NVIDIA this week:

• Positive Sentiment: NVIDIA’s launch of the Ising open‑source quantum AI models is a clear catalyst — the move validates a new Software+AI layer for quantum hardware, drove a rally in quantum peers and signals a potential new TAM for NVIDIA beyond GPUs. NVIDIA's Quantum Computing Play Just Sent IonQ and Rigetti Flying
• Positive Sentiment: Expanded ecosystem deals (Cadence partnership, Google/Gemma4 optimization) deepen enterprise adoption of NVIDIA’s stack and make it harder for competitors to displace its software/hardware platform. Cadence and NVIDIA Expand Partnership to Reinvent Engineering for the Age of AI and Accelerated Computing
• Positive Sentiment: Momentum signals — a long winning streak and a technical “golden cross” (50‑day SMA > 200‑day SMA) — plus management commentary about massive GPU orders are driving momentum traders and technical buyers into NVDA. Nvidia (NVDA) Now Trades Above Golden Cross: Time to Buy?
• Positive Sentiment: Sector tailwinds (chip‑equipment maker ASML raising guidance; continued AI compute capacity shortages, big cloud GPU bookings) support durable demand for NVIDIA’s data‑center products. ASML lifts 2026 outlook on the back of stronger AI demand
• Neutral Sentiment: Analyst views are mixed — some bulls (BNP, others) see large upside while other analysts point to “multiple compression” despite strong execution; that leaves headline risk if guidance or macro data disappoints. Nvidia: Multiple Compression Is No Compliment (Rating Upgrade)
• Negative Sentiment: Regulatory scrutiny: Senator Elizabeth Warren has flagged concerns about NVIDIA’s acquisition of SchedMD/Slurm, which could slow integration or invite closer government review of important software control in national labs and defense contexts. US Senator Warren voices concern over Nvidia's acquisition of Slurm
• Negative Sentiment: Competitive and structural risks — reports that rivals (Anthropic, Elon Musk projects, quantum incumbents) are developing custom chips and challengers’ rhetoric about quantum threats keep the debate alive over how durable NVIDIA’s moat will be. Nvidia's Moat Vulnerable As Anthropic And Elon Musk Build Chips
• Negative Sentiment: Insider‑selling and valuation headlines remain a potential drag for sentiment if momentum stalls; high multiples mean the stock can be sensitive to any disappointment. NVIDIA Rises Even as Quantum Computing Threat Looms and Insider Selling Sparks Debate

NVIDIA Trading Up 1.2%

NASDAQ NVDA opened at $198.87 on Thursday. The stock has a market cap of $4.83 trillion, a P/E ratio of 40.59, a price-to-earnings-growth ratio of 0.65 and a beta of 2.34. NVIDIA Corporation has a fifty-two week low of $95.04 and a fifty-two week high of $212.19. The stock has a 50 day simple moving average of $182.51 and a two-hundred day simple moving average of $184.77. The company has a debt-to-equity ratio of 0.05, a quick ratio of 3.24 and a current ratio of 3.91.

NVIDIA (NASDAQ:NVDA - Get Free Report) last posted 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 firm had revenue of $68.13 billion for the quarter, compared to analysts' expectations of $65.56 billion. During the same period in the previous year, the firm earned $0.89 earnings per share. The business's revenue was up 73.2% compared to the same quarter last year. On average, analysts forecast that NVIDIA Corporation will post 2.77 earnings per share for the current year.

NVIDIA Announces Dividend

The firm also recently announced a quarterly dividend, which was paid on Wednesday, April 1st. Stockholders 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 dividend 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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