RFG Advisory LLC Has $46.53 Million Stake in NVIDIA Corporation $NVDA

Key Points

• RFG Advisory trimmed its NVIDIA stake by 7% to 249,399 shares worth $46.53 million, making NVDA about 1.0% of its portfolio and its 14th largest holding.
• Company insiders sold a total of 1,598,120 NVIDIA shares last quarter (including large director sales), worth roughly $289.3 million; insiders now own 4.17% of the stock while institutions own 65.27%.
• NVIDIA beat expectations with Q results of $1.62 EPS (vs. $1.54 est.) and $68.13 billion revenue (vs. $65.56B est., +73.2% Y/Y), and analysts maintain a consensus "Buy" with an average price target of $273.41.

RFG Advisory LLC reduced its stake in shares of NVIDIA Corporation (NASDAQ:NVDA - Free Report) by 7.0% during the 3rd quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The institutional investor owned 249,399 shares of the computer hardware maker's stock after selling 18,845 shares during the period. NVIDIA accounts for approximately 1.0% of RFG Advisory LLC's portfolio, making the stock its 14th biggest holding. RFG Advisory LLC's holdings in NVIDIA were worth $46,533,000 as of its most recent SEC filing.

Several other large investors also recently made changes to their positions in NVDA. State Street Corp grew its holdings 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 valued at $154,556,803,000 after purchasing an additional 9,554,857 shares during the last quarter. Geode Capital Management LLC boosted its holdings in shares of NVIDIA by 1.5% during the 2nd 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 during the period. Norges Bank acquired a new position in NVIDIA in the 2nd quarter valued at $51,386,863,000. Legal & General Group Plc raised its holdings in NVIDIA by 1.5% in the 2nd quarter. Legal & General Group Plc now owns 178,593,475 shares of the computer hardware maker's stock worth $28,215,983,000 after acquiring an additional 2,623,678 shares during the period. Finally, Charles Schwab Investment Management Inc. lifted its position in NVIDIA by 2.8% during the 2nd quarter. Charles Schwab Investment Management Inc. now owns 155,668,775 shares of the computer hardware maker's stock worth $24,594,110,000 after acquiring an additional 4,209,423 shares during the last quarter. Institutional investors own 65.27% of the company's stock.

Insider Buying and Selling

In other NVIDIA news, Director Mark A. Stevens sold 222,500 shares of NVIDIA stock in a transaction on Friday, December 19th. The stock was sold at an average price of $180.17, for a total transaction of $40,087,825.00. Following the completion of the transaction, the director directly owned 7,621,453 shares of the company's stock, valued at approximately $1,373,157,187.01. This trade represents a 2.84% decrease in their ownership of the stock. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which can be accessed through this link. Also, Director Harvey C. Jones sold 250,000 shares of the company's stock in a transaction dated Monday, December 15th. The stock was sold at an average price of $177.33, for a total transaction of $44,332,500.00. Following the completion of the sale, the director directly owned 6,933,280 shares in the company, valued at approximately $1,229,478,542.40. The trade was a 3.48% decrease in their position. The disclosure for this sale is available in the SEC filing. Insiders sold 1,598,120 shares of company stock worth $289,278,314 in the last quarter. Corporate insiders own 4.17% of the company's stock.

Analyst Ratings Changes

Several equities research analysts have recently issued reports on the company. Seaport Research Partners raised their price target on NVIDIA from $100.00 to $140.00 and gave the company a "sell" rating in a research report on Monday, November 17th. Citigroup raised their target price on NVIDIA from $270.00 to $300.00 and gave the company a "buy" rating in a report on Thursday, February 26th. Wolfe Research upped their price target on NVIDIA from $250.00 to $275.00 and gave the stock an "outperform" rating in a report on Friday, January 30th. Evercore restated an "outperform" rating on shares of NVIDIA in a research note on Tuesday, January 6th. Finally, Needham & Company LLC reaffirmed a "buy" rating and set a $240.00 target price on shares of NVIDIA in a research report on Thursday, February 26th. Four research analysts have rated the stock with a Strong Buy rating, forty-seven have assigned a Buy rating and two have issued a Hold rating to the company. Based on data from MarketBeat, the stock presently has a consensus rating of "Buy" and a consensus price target of $273.41.

NVIDIA Price Performance

Shares of NVIDIA stock opened at $183.04 on Thursday. The firm has a market cap of $4.45 trillion, a P/E ratio of 37.36, a price-to-earnings-growth ratio of 0.61 and a beta of 2.33. The firm's 50-day simple moving average is $186.12 and its 200-day simple moving average is $183.87. NVIDIA Corporation has a twelve month low of $86.62 and a twelve month high of $212.19. 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 quarterly earnings results on Wednesday, February 25th. The computer hardware maker reported $1.62 earnings per share (EPS) for the quarter, topping the consensus estimate of $1.54 by $0.08. The firm had revenue of $68.13 billion during the quarter, compared to analyst estimates of $65.56 billion. NVIDIA had a net margin of 55.60% and a return on equity of 97.37%. The company's quarterly revenue was up 73.2% compared to the same quarter last year. During the same quarter in the prior year, the business posted $0.89 earnings per share. As a group, research analysts expect that NVIDIA Corporation will post 2.77 EPS for the current fiscal year.

NVIDIA Dividend Announcement

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

Key Stories Impacting NVIDIA

Here are the key news stories impacting NVIDIA this week:

• Positive Sentiment: Large inference demand validated — Akamai announced deployments of thousands of NVIDIA Blackwell GPUs to power distributed AI inference, signaling durable enterprise demand for NVIDIA’s inference stack. Akamai to Deploy Thousands of NVIDIA Blackwell GPUs
• Positive Sentiment: Inference shift highlighted by ecosystem deals — Partners and cloud specialists (e.g., CoreWeave/Perplexity) are closing large inference-focused contracts, which increases recurring, high‑utilization GPU demand that benefits NVIDIA’s hardware and software ecosystem. CoreWeave Deal Signals Inference Market
• Positive Sentiment: Wall Street backing and higher price targets — Several broker notes and upgrades (including a notable Wedbush hike) have pushed bullish analyst sentiment and bigger multi‑quarter price targets, supporting upside expectations. Wedbush Raises NVDA Price Target to $300
• Neutral Sentiment: CEO signals end to large private stakes in OpenAI/Anthropic — Jensen Huang said the recent ~$30B OpenAI investment “might be the last” and that a $100B stake is unlikely as OpenAI prepares to IPO; that changes the path to future strategic ownership but reduces ambiguity around large private commitments. Reuters: Nvidia will not be able to invest $100 billion in OpenAI
• Negative Sentiment: Market remains wary despite blowout quarter — NVDA reported blockbuster results in late February, but the stock has struggled to clear near‑term resistance and some traders view the post‑earnings pullback and rotation into specialized inference clouds as signs of profit‑taking and higher short‑term volatility. 247WallSt: Blowout earnings weren’t enough to fuel an NVIDIA breakout

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.

This instant news alert was generated by narrative science technology and financial data from MarketBeat in order to provide readers with the fastest reporting and unbiased coverage. Please send any questions or comments about this story to contact@marketbeat.com.