Rockland Trust Co. Acquires 92,222 Shares of NVIDIA Corporation $NVDA

Key Points

• Rockland Trust Co. raised its NVIDIA stake by 64.3% in Q4, buying 92,222 shares to hold 235,569 shares worth $43.93 million, making NVDA about 1.7% of its portfolio and its 14th-largest holding.
• Market sentiment is broadly bullish: NVIDIA has a consensus "Buy" rating with a mean price target of $275.25 and multiple firms issuing buy/strong-buy recommendations.
• NVIDIA reported strong fundamentals — Q4 revenue of $68.13 billion (up 73.2% year‑over‑year) and EPS of $1.62 beating estimates — with a net margin around 55.6% and a market cap near $4.47 trillion.

Rockland Trust Co. lifted its holdings in NVIDIA Corporation (NASDAQ:NVDA - Free Report) by 64.3% in the fourth quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The firm owned 235,569 shares of the computer hardware maker's stock after acquiring an additional 92,222 shares during the period. NVIDIA accounts for about 1.7% of Rockland Trust Co.'s portfolio, making the stock its 14th biggest holding. Rockland Trust Co.'s holdings in NVIDIA were worth $43,934,000 as of its most recent SEC filing.

A number of other hedge funds have also recently made changes to their positions in NVDA. PMG Family Office LLC purchased a new stake in shares of NVIDIA in the third quarter worth about $2,150,000. Svenska Handelsbanken AB publ purchased a new stake in NVIDIA during the third quarter valued at approximately $37,316,000. Oak Ridge Investments LLC raised its position in NVIDIA by 2.2% during the third quarter. Oak Ridge Investments LLC now owns 970,860 shares of the computer hardware maker's stock valued at $181,143,000 after purchasing an additional 20,559 shares during the period. Circle Wealth Management LLC raised its position in NVIDIA by 16.1% during the third quarter. Circle Wealth Management LLC now owns 107,787 shares of the computer hardware maker's stock valued at $20,111,000 after purchasing an additional 14,936 shares during the period. Finally, Whalen Wealth Management Inc. raised its position in NVIDIA by 20.3% during the third quarter. Whalen Wealth Management Inc. now owns 36,490 shares of the computer hardware maker's stock valued at $6,808,000 after purchasing an additional 6,162 shares during the period. Institutional investors own 65.27% of the company's stock.

Key Stories Impacting NVIDIA

Here are the key news stories impacting NVIDIA this week:

• Positive Sentiment: Hedge funds and technical strategists are highlighting NVDA as a top setup for 2026, suggesting renewed institutional buying that can sustain upside. NVIDIA (NVDA) Among the Hedge Fund Favorites with Strong Setup in 2026
• Positive Sentiment: Several brokerages and media note Nvidia is on a new winning streak and still trades well below its 52‑week high, implying room to run if AI demand re-accelerates. Nvidia's stock is quietly gaining steam — it's on its longest winning streak since 2023
• Positive Sentiment: Strategic capital and partnership activity is expanding Nvidia’s reach: the company is a named backer in high‑growth AI startups and data‑center chip ventures, validating long‑term demand for its GPUs and IP. SiFive raises $400 million from Atreides, Nvidia for data-center chip technology
• Positive Sentiment: Nvidia’s ecosystem involvement is directly pricing into the market: startups backed by or partnered with Nvidia (e.g., Firmus) are seeing large valuations, showing investor appetite for Nvidia‑led AI plays. AI Powerhouse Firmus Rockets to $5.5 Billion Valuation with Nvidia (NVDA) Backing
• Positive Sentiment: Analyst research and deep‑dive pieces argue 2026 is a potential inflection year (Vera Rubin launch, strong AI capex), reinforcing the bullish growth narrative. Nvidia: Why 2026 Could Be A Game Changer
• Neutral Sentiment: Coverage on semiconductor peers and suppliers shows the broader chip rally is lifting NVDA indirectly; several data‑center beneficiaries are also gaining from the same tailwinds. These 4 Stocks Are Quietly Riding NVIDIA's Data Center Boom Higher (NVDA)
• Neutral Sentiment: Speculative stories about Nvidia GPUs being used in space and other novel end markets underscore long‑term optionality but remain more thematic than immediate revenue drivers. NVIDIA Chips are Going to Space. Could the Stock Be Next?
• Negative Sentiment: Competitive risk rose after Amazon’s CEO spotlighted AWS’s chip ambitions; short‑seller commentary argues Amazon could erode Nvidia’s long‑term chip dominance — a credible risk for margin and share if cloud players internalize more compute. Short-seller Andrew Left thinks Amazon just showed that it's the biggest threat to Nvidia's chip dominance
• Negative Sentiment: Geopolitical uncertainty — headlines about the fragile Iran cease‑fire — remain a near‑term risk that can trigger volatility and cap rotation away from high‑beta names like Nvidia. Nvidia Stock Is Tied to Fate of Fragile Iran Cease‑Fire

Analyst Upgrades and Downgrades

NVDA has been the topic of a number of recent research reports. Benchmark restated a "buy" rating and set a $250.00 price objective on shares of NVIDIA in a research report on Tuesday, March 31st. DA Davidson restated a "buy" rating and set a $250.00 price objective on shares of NVIDIA in a research report on Monday, February 23rd. Morgan Stanley set a $260.00 price objective on NVIDIA in a research report on Monday, March 2nd. Raymond James Financial upped their price objective on NVIDIA from $291.00 to $323.00 and gave the company a "strong-buy" rating in a research report on Thursday, March 19th. Finally, Mizuho set a $275.00 price objective on NVIDIA and gave the company an "outperform" rating in a research report on Friday, January 9th. Four investment 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 stock. Based on data from MarketBeat, NVIDIA currently has a consensus rating of "Buy" and a consensus price target of $275.25.

NVIDIA Stock Up 1.0%

Shares of NASDAQ:NVDA opened at $183.91 on Friday. NVIDIA Corporation has a 52-week low of $95.04 and a 52-week high of $212.19. The stock has a market cap of $4.47 trillion, a P/E ratio of 37.53, a price-to-earnings-growth ratio of 0.60 and a beta of 2.34. The business's 50 day moving average is $181.67 and its 200 day moving average is $184.33. 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 announced its quarterly earnings data 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 company had revenue of $68.13 billion for the quarter, compared to analysts' expectations of $65.56 billion. NVIDIA had a return on equity of 97.37% and a net margin of 55.60%.NVIDIA's revenue was up 73.2% compared to the same quarter last year. During the same quarter in the prior year, the firm earned $0.89 earnings per share. Sell-side analysts predict that NVIDIA Corporation will post 2.77 EPS for the current year.

NVIDIA Dividend Announcement

The business also recently declared a quarterly dividend, which was paid on Wednesday, April 1st. Shareholders of record on Wednesday, March 11th were given a dividend of $0.01 per share. This represents a $0.04 annualized dividend and a yield of 0.0%. The ex-dividend date of this dividend was Wednesday, March 11th. NVIDIA's dividend payout ratio (DPR) is currently 0.82%.

Insider Activity at NVIDIA

In other NVIDIA news, Director Aarti S. Shah sold 19,000 shares of the stock in a transaction dated Thursday, March 19th. The stock was sold at an average price of $176.71, for a total transaction of $3,357,490.00. Following the sale, the director directly owned 36,007 shares of the company's stock, valued at approximately $6,362,796.97. This trade represents a 34.54% decrease in their position. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is accessible through this link. Also, Director Mark A. Stevens sold 221,682 shares of the stock in a transaction dated Friday, March 20th. The stock was sold at an average price of $173.68, for a total value of $38,501,729.76. Following the sale, the director directly owned 7,399,771 shares in the company, valued at $1,285,192,227.28. This represents a 2.91% decrease in their ownership of the stock. Additional details regarding this sale are available in the official SEC disclosure. Insiders sold 1,201,616 shares of company stock worth $215,991,407 in the last three months. 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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