Rockingstone Advisors LLC Has $6.15 Million Stock Position in NVIDIA Corporation $NVDA

Key Points

• Rockingstone Advisors LLC cut its NVIDIA stake by 18.2% in the fourth quarter, but the fund still held 32,971 shares worth about $6.15 million. NVIDIA remains its second-largest holding and makes up 2.8% of its portfolio.
• NVIDIA reported strong quarterly results, with earnings per share of $1.62 beating estimates and revenue of $68.13 billion topping forecasts. Revenue jumped 73.2% year over year, and analysts expect full-year EPS of 7.84.
• The stock is drawing continued bullish Wall Street attention, with multiple firms raising price targets and a consensus rating of Buy. Recent headlines also point to upbeat AI demand, though investors still face risks tied to China and export controls.

Rockingstone Advisors LLC lessened its position in shares of NVIDIA Corporation (NASDAQ:NVDA - Free Report) by 18.2% in the fourth quarter, according to its most recent disclosure with the Securities & Exchange Commission. The fund owned 32,971 shares of the computer hardware maker's stock after selling 7,341 shares during the period. NVIDIA accounts for 2.8% of Rockingstone Advisors LLC's holdings, making the stock its 2nd biggest holding. Rockingstone Advisors LLC's holdings in NVIDIA were worth $6,149,000 at the end of the most recent reporting period.

A number of other hedge funds have also bought and sold shares of the company. Norges Bank acquired a new stake in NVIDIA in the second quarter worth $51,386,863,000. Capital Research Global Investors grew its holdings in NVIDIA by 16.1% in 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 purchasing an additional 22,896,705 shares during the period. Laurel Wealth Advisors LLC grew its holdings in NVIDIA by 15,496.1% in the second quarter. Laurel Wealth Advisors LLC now owns 21,865,525 shares of the computer hardware maker's stock worth $3,454,534,000 after purchasing an additional 21,725,326 shares during the period. Danske Bank A S acquired a new stake in NVIDIA in the third quarter worth $3,180,313,000. Finally, Massachusetts Financial Services Co. MA grew its holdings in NVIDIA by 25.0% in the third quarter. Massachusetts Financial Services Co. MA now owns 71,720,593 shares of the computer hardware maker's stock worth $13,381,628,000 after purchasing an additional 14,358,048 shares during the period. Institutional investors own 65.27% of the company's stock.

NVIDIA Stock Up 2.3%

NVIDIA stock opened at $225.83 on Thursday. NVIDIA Corporation has a 1-year low of $129.16 and a 1-year high of $227.84. The firm has a market capitalization of $5.49 trillion, a price-to-earnings ratio of 46.09, a price-to-earnings-growth ratio of 0.72 and a beta of 2.25. The firm's fifty day moving average price is $190.40 and its two-hundred day moving average price is $187.78. The company has a current ratio of 3.91, a quick ratio of 3.24 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 for the quarter, beating analysts' consensus estimates of $1.54 by $0.08. NVIDIA had a net margin of 55.60% and a return on equity of 97.37%. The company had revenue of $68.13 billion for the quarter, compared to analyst estimates of $65.56 billion. During the same period last year, the firm earned $0.89 earnings per share. The firm's revenue was up 73.2% on a year-over-year basis. On average, equities research analysts predict that NVIDIA Corporation will post 7.84 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. Investors of record on Wednesday, March 11th were given a dividend of $0.01 per share. This represents a $0.04 dividend on an annualized basis and a dividend yield of 0.0%. The ex-dividend date of this dividend was Wednesday, March 11th. NVIDIA's dividend payout ratio (DPR) is presently 0.82%.

Key Headlines Impacting NVIDIA

Here are the key news stories impacting NVIDIA this week:

• Positive Sentiment: Bank of America raised its price target on NVIDIA to $320 from $300 and reiterated a Buy rating, citing a larger long-term AI data center market and accelerating AI spending. BofA Hikes NVIDIA Price Target to $320 on Massive $1.7 Trillion AI Data Center Forecast
• Positive Sentiment: Citi said NVIDIA’s upcoming Q1 revenue could beat consensus by about $1.4 billion, reinforcing expectations for another strong earnings report. Nvidia's Q1 revenue expected to surpass consensus by $1.4B: Citi
• Positive Sentiment: Jensen Huang’s inclusion in President Trump’s China trip is being viewed as potentially helpful for NVIDIA’s China outlook, with traders hoping for improved export access or licensing developments. Nvidia CEO joins Trump's mission to 'open up' China
• Positive Sentiment: Options activity was unusually strong, with call volume running well above normal, suggesting traders are positioning for further upside.
• Neutral Sentiment: The stock’s momentum is also being supported by broader AI enthusiasm, record-high valuations, and bullish coverage from multiple outlets ahead of earnings. Nvidia Rally Propels Stocks to New Records
• Negative Sentiment: Some articles highlighted ongoing China/export-control risk and elevated concentration in AI stocks, which could limit upside if the macro or policy backdrop turns less favorable. Nvidia market cap hits $5.4T despite zero China revenue amid US export controls

Insider Activity at NVIDIA

In related news, Director Mark A. Stevens sold 221,682 shares of the firm's stock in a transaction dated Friday, March 20th. The shares were 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 $1,285,192,227.28. This trade represents a 2.91% decrease in their ownership of the stock. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is available at this link. Also, Director Aarti S. Shah sold 19,000 shares of the firm's stock in a transaction dated Thursday, March 19th. The shares were sold at an average price of $176.71, for a total transaction of $3,357,490.00. Following the transaction, the director directly owned 36,007 shares in the company, valued at $6,362,796.97. The trade was a 34.54% decrease in their ownership of the stock. The disclosure for this sale is available in the SEC filing. Insiders sold 906,336 shares of company stock valued at $162,802,518 over the last three months. Insiders own 4.17% of the company's stock.

Wall Street Analyst Weigh In

A number of research firms have commented on NVDA. Robert W. Baird raised their price target on shares of NVIDIA from $275.00 to $300.00 and gave the stock an "outperform" rating in a report on Thursday, February 26th. Royal Bank Of Canada restated an "outperform" rating and issued a $250.00 price target on shares of NVIDIA in a report on Tuesday, March 17th. HSBC set a $310.00 price target on shares of NVIDIA in a report on Tuesday, February 24th. Barclays restated a "buy" rating on shares of NVIDIA in a report on Thursday, February 26th. Finally, Wells Fargo & Company restated an "overweight" rating and issued a $315.00 price target (up from $265.00) on shares of NVIDIA in a report on Tuesday. Four equities research analysts have rated the stock with a Strong Buy rating, forty-eight have assigned a Buy rating and two have given a Hold rating to the company's stock. According to MarketBeat.com, the stock currently has a consensus rating of "Buy" and an average price target of $277.32.

About NVIDIA

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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