Thurston Springer Miller Herd & Titak Inc. Has $7.97 Million Stock Position in NVIDIA Corporation $NVDA

Key Points

• Thurston Springer Miller Herd & Titak Inc. boosted its stake in NVIDIA by 621.3% in Q4 to 42,752 shares worth $7.97 million, making NVDA its fourth-largest holding (2.8% of assets).
• Large institutions also increased exposure—State Street, Geode, Norges Bank and others raised or established positions—leaving about 65.27% of NVIDIA owned by institutional investors.
• NVIDIA benefits from strong momentum, product and partnership catalysts (quantum Ising models, Cadence/Google deals) and an earnings beat, but faces regulatory scrutiny, rising competition, insider selling and valuation sensitivity.

Thurston Springer Miller Herd & Titak Inc. increased its position in shares of NVIDIA Corporation (NASDAQ:NVDA - Free Report) by 621.3% in the fourth quarter, according to its most recent disclosure with the Securities & Exchange Commission. The fund owned 42,752 shares of the computer hardware maker's stock after buying an additional 36,825 shares during the period. NVIDIA accounts for 2.8% of Thurston Springer Miller Herd & Titak Inc.'s holdings, making the stock its 4th biggest holding. Thurston Springer Miller Herd & Titak Inc.'s holdings in NVIDIA were worth $7,973,000 at the end of the most recent reporting period.

Several other hedge funds and other institutional investors have also recently bought and sold shares of the stock. State Street Corp increased its stake in NVIDIA by 1.0% in 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 in the last quarter. Geode Capital Management LLC increased its position in shares of 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 acquiring an additional 8,521,936 shares in the last quarter. Norges Bank bought a new stake in shares of NVIDIA during the second quarter worth about $51,386,863,000. Legal & General Group Plc boosted its holdings 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 purchasing an additional 2,609,560 shares during the last quarter. Finally, Capital Research Global Investors boosted its holdings 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 purchasing an additional 22,896,705 shares during the last quarter. 65.27% of the stock is owned by institutional investors.

Key Headlines Impacting NVIDIA

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

Insider Buying and Selling

In other NVIDIA news, Director Aarti S. Shah sold 19,000 shares of the stock in a transaction on 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 completion of the sale, the director owned 36,007 shares of the company's stock, valued at $6,362,796.97. This represents a 34.54% decrease in their position. The sale was disclosed in a filing with the SEC, which is available at the SEC website. Also, Director Mark A. Stevens sold 221,682 shares of the stock in a transaction on 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 sale, the director directly owned 7,399,771 shares of the company's stock, valued at $1,285,192,227.28. The trade was a 2.91% decrease in their position. Additional details regarding this sale are available in the official SEC disclosure. Insiders have sold 1,153,976 shares of company stock worth $207,181,819 in the last ninety days. 4.17% of the stock is currently owned by insiders.

NVIDIA Price Performance

Shares of NASDAQ:NVDA opened at $198.87 on Thursday. NVIDIA Corporation has a one year low of $95.04 and a one year high of $212.19. The firm has a market capitalization of $4.83 trillion, a price-to-earnings ratio of 40.59, a PEG ratio of 0.65 and a beta of 2.34. The company's fifty day moving average price is $182.51 and its 200-day moving average price is $184.77. The company has a debt-to-equity ratio of 0.05, a current ratio of 3.91 and a quick ratio of 3.24.

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, 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 during the quarter, compared to analysts' expectations of $65.56 billion. During the same quarter in the prior year, the company earned $0.89 EPS. The firm's revenue was up 73.2% on a year-over-year basis. On average, equities research analysts anticipate that NVIDIA Corporation will post 2.77 earnings per share for the current fiscal year.

NVIDIA Announces Dividend

The firm also recently disclosed a quarterly dividend, which was paid on Wednesday, April 1st. Stockholders of record on Wednesday, March 11th were paid a $0.01 dividend. The ex-dividend date of this dividend was Wednesday, March 11th. This represents a $0.04 dividend on an annualized basis and a dividend yield of 0.0%. NVIDIA's dividend payout ratio is 0.82%.

Analyst Ratings Changes

Several research analysts recently weighed in on the stock. Wedbush boosted their price target on shares of NVIDIA from $230.00 to $300.00 and gave the stock an "outperform" rating in a report on Tuesday, March 3rd. Needham & Company LLC reiterated a "buy" rating and issued a $240.00 target price on shares of NVIDIA in a research note on Wednesday, March 18th. KeyCorp reiterated an "overweight" rating and issued a $275.00 target price on shares of NVIDIA in a research note on Tuesday, March 17th. Stifel Nicolaus set a $250.00 price target on shares of NVIDIA in a research report on Thursday, January 8th. Finally, Raymond James Financial boosted their price target on shares of NVIDIA from $291.00 to $323.00 and gave the company a "strong-buy" rating in a research report on Thursday, March 19th. Four analysts have rated the stock with a Strong Buy rating, forty-eight have given a Buy rating and two have assigned a Hold rating to the company. Based on data from MarketBeat.com, the stock has a consensus rating of "Buy" and a consensus price target of $275.25.

NVIDIA 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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