Sky Investment Group LLC Lowers Stock Holdings in NVIDIA Corporation $NVDA

Key Points

• Sky Investment Group LLC reduced its stake in NVIDIA by 1.8% in Q4, selling 5,115 shares to hold 283,356 shares worth $52,846,000, which represents about 8.7% of its portfolio and is its largest position.
• Significant insider selling: EVP Ajay K. Puri sold 300,000 shares (~$54.7M) and Director Mark A. Stevens sold 221,682 shares (~$38.5M); insiders have sold 1,401,616 shares worth $253.6M over the past 90 days and now own 4.17% of the company.
• Analysts remain broadly bullish with a MarketBeat consensus rating of "Buy" and a consensus target of $275.25, supported by a recent quarter where NVIDIA beat EPS estimates ($1.62 vs. $1.54) and reported $68.13B in revenue (up 73.2% YoY).

Sky Investment Group LLC lowered its stake in shares of NVIDIA Corporation (NASDAQ:NVDA - Free Report) by 1.8% during the fourth quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The institutional investor owned 283,356 shares of the computer hardware maker's stock after selling 5,115 shares during the quarter. NVIDIA comprises approximately 8.7% of Sky Investment Group LLC's investment portfolio, making the stock its biggest position. Sky Investment Group LLC's holdings in NVIDIA were worth $52,846,000 as of its most recent SEC filing.

Other large investors have also added to or reduced their stakes in the company. Winnow Wealth LLC acquired a new stake in NVIDIA during the second quarter worth approximately $32,000. Longfellow Investment Management Co. LLC grew its position in NVIDIA by 47.9% during the second quarter. Longfellow Investment Management Co. LLC now owns 207 shares of the computer hardware maker's stock worth $33,000 after buying an additional 67 shares in the last quarter. Spurstone Advisory Services LLC acquired a new stake in NVIDIA during the second quarter worth approximately $40,000. Sellwood Investment Partners LLC acquired a new stake in NVIDIA during the third quarter worth approximately $50,000. Finally, EDENTREE ASSET MANAGEMENT Ltd acquired a new stake in NVIDIA during the second quarter worth approximately $54,000. Institutional investors and hedge funds own 65.27% of the company's stock.

Analysts Set New Price Targets

A number of equities research analysts recently issued reports on NVDA shares. TD Cowen reissued a "buy" rating and set a $235.00 price target on shares of NVIDIA in a research report on Tuesday, March 17th. Macquarie Infrastructure raised NVIDIA to an "outperform" rating in a research report on Monday, December 29th. New Street Research reduced their target price on NVIDIA from $307.00 to $275.00 and set a "buy" rating on the stock in a report on Tuesday, March 31st. Morgan Stanley set a $260.00 target price on NVIDIA in a report on Monday, March 2nd. Finally, Robert W. Baird raised their target price on NVIDIA from $275.00 to $300.00 and gave the company an "outperform" rating in a report on Thursday, February 26th. Four 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.com, the company currently has a consensus rating of "Buy" and a consensus target price of $275.25.

Insider Activity at NVIDIA

In other NVIDIA news, EVP Ajay K. Puri sold 300,000 shares of NVIDIA stock in a transaction dated Wednesday, March 18th. The stock was sold at an average price of $182.25, for a total transaction of $54,675,000.00. Following the transaction, the executive vice president directly owned 3,018,547 shares of the company's stock, valued at approximately $550,130,190.75. The trade was a 9.04% decrease in their position. The sale was disclosed in a filing with the Securities & Exchange Commission, which can be accessed through this link. Also, Director Mark A. Stevens sold 221,682 shares of NVIDIA 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 transaction, the director directly owned 7,399,771 shares in the company, valued at $1,285,192,227.28. The trade was a 2.91% decrease in their ownership of the stock. The SEC filing for this sale provides additional information. Insiders have sold a total of 1,401,616 shares of company stock worth $253,555,407 over the last 90 days. 4.17% of the stock is currently owned by company insiders.

Key NVIDIA News

Here are the key news stories impacting NVIDIA this week:

• Positive Sentiment: GTC momentum: Social and sell‑side reaction to NVIDIA’s GTC keynote — including management’s $1T‑order visibility through 2027 — has produced renewed bullish sentiment and several price‑target raises, reinforcing the long‑term AI revenue story. QuiverQuant: Opinions on GTC $1T Orders Announcement
• Positive Sentiment: Analyst bullishness: Multiple firms (including Wedbush) are pushing optimistic outlooks and upside targets (some call for 30–40% upside), which supports positive flows and makes NVDA a primary catalyst for the market. Wedbush: Nvidia has 30-40% upside ahead
• Positive Sentiment: Product roadmap lift: Coverage noting Vera Rubin and Rubin Ultra roadmaps (and the data‑center ripple effects) keeps investors focused on accelerating GPU demand and broader infrastructure tailwinds. These 4 Stocks Are Quietly Riding NVIDIA's Data Center Boom Higher
• Neutral Sentiment: Sector financing and risk: Reports that AI data‑center buildouts are relying more on private credit and insurance markets highlight continued demand for GPUs but also higher financing/operational risk for hyperscalers. That’s supportive of long‑run GPU demand but adds macro execution risk. CNBC: AI data centers finance and insurance story
• Neutral Sentiment: Edge AI / drones narrative: Coverage of edge‑AI and autonomous drones notes growing compute needs at the edge (comparable to NVDA capabilities), which is a potential long‑term market for AI compute but not an immediate revenue driver. MarketBeat: The Arms Race Has Gone Airborne
• Negative Sentiment: Competition & access worries: Nvidia’s acquisition of SchedMD prompted concerns among AI specialists about potential limits on software access and preferential treatment, raising antitrust/fair‑access questions that could pressure sentiment. Reuters: Nvidia acquisition of SchedMD sparks worry
• Negative Sentiment: Execution / production flags: Analysts (KeyBanc and others) have flagged potential scaled‑back production plans for next‑gen chips, which introduces near‑term supply/execution risk and is being cited as a reason for recent sideways price action. Barron's: Issue could hamper next‑gen AI chips
• Negative Sentiment: Insider selling highlighted: Data shows substantial insider sales activity in recent months; while not proof of a problem, heavy executive selling can weigh on sentiment when paired with other concerns. QuiverQuant: Insider trading and sentiment summary

NVIDIA Trading Up 0.1%

NASDAQ NVDA opened at $177.64 on Tuesday. 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 Corporation has a twelve month low of $86.62 and a twelve month high of $212.19. The company has a market cap of $4.32 trillion, a price-to-earnings ratio of 36.25, a price-to-earnings-growth ratio of 0.59 and a beta of 2.34. The business's fifty day moving average is $182.24 and its 200 day moving average is $184.34.

NVIDIA (NASDAQ:NVDA - Get Free Report) last released its quarterly earnings data on Wednesday, February 25th. The computer hardware maker reported $1.62 earnings per share 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 company had revenue of $68.13 billion for the quarter, compared to the consensus estimate of $65.56 billion. During the same quarter last year, the business posted $0.89 EPS. NVIDIA's revenue for the quarter was up 73.2% on a year-over-year basis. As a group, sell-side analysts expect that NVIDIA Corporation will post 2.77 EPS for the current fiscal year.

NVIDIA Announces Dividend

The company also recently disclosed a quarterly dividend, which was paid on Wednesday, April 1st. Investors of record on Wednesday, March 11th were issued 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 dividend payout ratio (DPR) is 0.82%.

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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