Virtus Wealth Solutions LLC Sells 4,809 Shares of NVIDIA Corporation $NVDA

Key Points

• Virtus Wealth Solutions LLC trimmed its NVIDIA stake by 1.7% in the fourth quarter, selling 4,809 shares and leaving it with 274,087 shares worth about $51.1 million.
• Several Wall Street firms raised price targets on NVIDIA, while analysts remain broadly bullish with a consensus Buy rating and an average target price of $276.56.
• NVIDIA’s latest results were strong, with Q4 revenue of $68.13 billion and EPS of $1.62 both beating estimates; the company is also benefiting from optimism around AI demand and potential H200 chip sales in China.

Virtus Wealth Solutions LLC decreased its holdings in NVIDIA Corporation (NASDAQ:NVDA - Free Report) by 1.7% during the 4th quarter, according to the company in its most recent disclosure with the SEC. The institutional investor owned 274,087 shares of the computer hardware maker's stock after selling 4,809 shares during the quarter. NVIDIA makes up 9.7% of Virtus Wealth Solutions LLC's portfolio, making the stock its 4th biggest position. Virtus Wealth Solutions LLC's holdings in NVIDIA were worth $51,117,000 as of its most recent SEC filing.

Other institutional investors have also modified their holdings of the company. State Street Corp raised its stake 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 buying an additional 9,554,857 shares in the last quarter. Geode Capital Management LLC raised its stake in 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 valued at $91,150,170,000 after buying an additional 8,521,936 shares in the last quarter. Norges Bank acquired a new stake in NVIDIA during the second quarter valued at approximately $51,386,863,000. Legal & General Group Plc raised its stake 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 valued at $33,808,862,000 after buying an additional 2,609,560 shares in the last quarter. Finally, Capital Research Global Investors raised its stake 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 valued at $30,855,564,000 after buying an additional 22,896,705 shares in the last quarter. Institutional investors and hedge funds own 65.27% of the company's stock.

Key Headlines Impacting NVIDIA

Here are the key news stories impacting NVIDIA this week:

• Positive Sentiment: Multiple reports said the U.S. has cleared Nvidia’s H200 AI chips for sale to about 10 Chinese companies, raising hopes for a meaningful rebound in China-related data center revenue. Reuters article
• Positive Sentiment: UBS and Cantor Fitzgerald both raised price targets on NVIDIA, reinforcing Wall Street’s view that AI demand and data center growth still have room to drive further upside. Proactive Investors article American Banking News article
• Positive Sentiment: Investors are increasingly betting that Nvidia will beat Q1 FY2027 expectations, with several previews citing strong hyperscaler spending, AI infrastructure demand, and a possible revenue surprise. Seeking Alpha article Investopedia article
• Neutral Sentiment: Coverage this morning emphasized that Nvidia’s stock has run hard into earnings, so some investors are locking in gains and watching whether the report can justify the valuation. CNBC article
• Negative Sentiment: The broader semiconductor complex sold off today, and some articles noted that Nvidia’s China opportunity is still not fully secured because approvals, deliveries, and Chinese domestic-chip competition remain uncertain. Benzinga article CNBC article

NVIDIA Price Performance

Shares of NVIDIA stock opened at $225.32 on Monday. The company has a current ratio of 3.91, a quick ratio of 3.24 and a debt-to-equity ratio of 0.05. The business's 50 day simple moving average is $192.36 and its 200-day simple moving average is $188.36. The stock has a market capitalization of $5.46 trillion, a price-to-earnings ratio of 45.98, a PEG ratio of 0.70 and a beta of 2.25. NVIDIA Corporation has a twelve month low of $129.16 and a twelve month high of $236.54.

NVIDIA (NASDAQ:NVDA - Get Free Report) last issued its quarterly earnings data on Wednesday, February 25th. The computer hardware maker reported $1.62 earnings per share (EPS) for the quarter, topping analysts' consensus estimates of $1.54 by $0.08. NVIDIA had a return on equity of 97.37% and a net margin of 55.60%.The business had revenue of $68.13 billion during the quarter, compared to analyst estimates of $65.56 billion. During the same period in the prior year, the company posted $0.89 EPS. The business's revenue for the quarter was up 73.2% compared to the same quarter last year. Equities research analysts forecast that NVIDIA Corporation will post 7.84 earnings per share for the current year.

NVIDIA Dividend Announcement

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

Wall Street Analysts Forecast Growth

NVDA has been the topic of several research reports. Oppenheimer restated an "outperform" rating and set a $265.00 price objective on shares of NVIDIA in a research note on Thursday, February 26th. Wolfe Research upped their price objective on NVIDIA from $250.00 to $275.00 and gave the company an "outperform" rating in a research note on Friday, January 30th. BTIG Research assumed coverage on NVIDIA in a research note on Wednesday, April 15th. They set a "buy" rating on the stock. Citigroup assumed coverage on NVIDIA in a research report on Wednesday, April 15th. They set a "buy" rating on the stock. Finally, Itau BBA Securities reiterated a "market perform" rating on shares of NVIDIA in a research report on Thursday, February 26th. Four investment analysts have rated the stock with a Strong Buy rating, forty-eight have assigned a Buy rating and two have assigned a Hold rating to the company. Based on data from MarketBeat, NVIDIA presently has a consensus rating of "Buy" and an average target price of $276.56.

Insiders Place Their Bets

In related news, EVP Ajay K. Puri sold 300,000 shares of the stock in a transaction that occurred on Wednesday, March 18th. The stock was sold at an average price of $182.25, for a total value of $54,675,000.00. Following the completion of the transaction, the executive vice president directly owned 3,018,547 shares of the company's stock, valued at $550,130,190.75. This represents a 9.04% decrease in their position. The sale was disclosed in a filing with the SEC, which is available through the SEC website. Also, Director Aarti S. Shah sold 19,000 shares of the stock in a transaction that occurred on Thursday, March 19th. The stock was sold at an average price of $176.71, for a total value of $3,357,490.00. Following the completion of the transaction, the director directly owned 36,007 shares of the company's stock, valued at $6,362,796.97. This trade represents a 34.54% decrease in their ownership of the stock. The SEC filing for this sale provides additional information. Over the last three months, insiders sold 906,336 shares of company stock worth $162,802,518. 4.17% of the stock is owned by company insiders.

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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