Western Wealth Management LLC Acquires 7,349 Shares of NVIDIA Corporation $NVDA

Key Points

• Western Wealth Management LLC raised its NVIDIA stake by 2.6%, acquiring 7,349 shares to hold 287,708 shares worth $53.68 million, with NVIDIA making up 2.8% of its portfolio as the firm's fourth-largest holding.
• NVIDIA posted a blockbuster quarter—$1.62 EPS vs. $1.54 expected and $68.13 billion in revenue—driven by strong data‑center growth, spurring analyst price‑target increases (e.g., Bernstein and Citigroup to ~$300) and renewed institutional buying.
• Insiders have been net sellers, disposing of 1,598,120 shares (~$289.3 million) in the past three months, even as large institutions (State Street, Geode, Norges Bank, etc.) collectively own about 65.27% of the stock.

Western Wealth Management LLC boosted its holdings in shares of NVIDIA Corporation (NASDAQ:NVDA - Free Report) by 2.6% in the third quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission. The fund owned 287,708 shares of the computer hardware maker's stock after acquiring an additional 7,349 shares during the period. NVIDIA comprises 2.8% of Western Wealth Management LLC's portfolio, making the stock its 4th largest holding. Western Wealth Management LLC's holdings in NVIDIA were worth $53,681,000 as of its most recent SEC filing.

A number of other hedge funds have also modified their holdings of the business. State Street Corp boosted its stake in shares of 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 acquiring an additional 9,554,857 shares during the last quarter. Geode Capital Management LLC boosted its stake in NVIDIA by 1.5% in the 2nd quarter. Geode Capital Management LLC now owns 579,213,497 shares of the computer hardware maker's stock worth $91,150,170,000 after buying an additional 8,521,936 shares during the last quarter. Norges Bank acquired a new position in shares of NVIDIA during the 2nd quarter valued at about $51,386,863,000. Legal & General Group Plc lifted its holdings in shares of NVIDIA by 1.5% during the 2nd quarter. Legal & General Group Plc now owns 178,593,475 shares of the computer hardware maker's stock worth $28,215,983,000 after acquiring an additional 2,623,678 shares during the period. Finally, Charles Schwab Investment Management Inc. boosted its position in shares of NVIDIA by 2.8% in the second quarter. Charles Schwab Investment Management Inc. now owns 155,668,775 shares of the computer hardware maker's stock worth $24,594,110,000 after acquiring an additional 4,209,423 shares during the last quarter. 65.27% of the stock is owned by hedge funds and other institutional investors.

Key Stories Impacting NVIDIA

Here are the key news stories impacting NVIDIA this week:

• Positive Sentiment: Multiple brokerages pushed price targets higher (Wedbush and Baird to ~$300), lifting buy-side conviction and providing fresh upside targets for NVDA. Baird Raises Price Target on Nvidia Wedbush Raises Nvidia Price Target
• Positive Sentiment: Nvidia’s recent quarter was a beat on revenue and EPS with very strong data-center growth, reinforcing the company’s cash-generation and long-term AI leadership thesis. That underpins analyst optimism and institutional buying. What Nvidia's Blockbuster Quarter Tells Us
• Neutral Sentiment: CEO Jensen Huang said the firm’s $30B OpenAI stake “might be the last” before OpenAI’s IPO, which clarifies future capital deployment (less large private-investment uncertainty) but removes a potential source of future upside tied to private stakes. Nvidia will not be able to invest $100 billion in OpenAI due to IPO
• Neutral Sentiment: Customer and ecosystem wins (Akamai deploying thousands of Blackwell GPUs; CoreWeave and other partners expanding inference capacity) signal durable demand for Nvidia GPUs even as the market debates valuation. These operational deals support long-term revenue visibility. Akamai to Deploy Thousands of NVIDIA Blackwell GPUs
• Negative Sentiment: Nvidia has stopped production of H200 chips destined for China and is redirecting TSMC capacity to its next‑gen Vera Rubin platform — a direct operational response to export controls that confirms management is not counting China data‑center revenue in forward guidance and that China growth is constrained. That reduces near-term TAM and adds geopolitical/regulatory execution risk. Nvidia refocuses TSMC capacity as export controls stall China sales Nvidia pulls the plug on China H200 production
• Negative Sentiment: Despite the blowout quarter, the stock hasn’t mounted a decisive breakout — the market is wrestling with rich multiples and short‑term profit‑taking, creating volatility even as fundamentals look strong. That keeps upside tied to continued execution and margin expansion. Blowout earnings weren't enough to fuel an NVIDIA breakout

Analyst Ratings Changes

NVDA has been the subject of several research analyst reports. Sanford C. Bernstein upped their price target on shares of NVIDIA from $275.00 to $300.00 and gave the stock an "outperform" rating in a research report on Thursday, February 26th. TD Cowen reaffirmed a "buy" rating and issued a $235.00 price objective on shares of NVIDIA in a research note on Thursday, February 26th. Cantor Fitzgerald reissued an "overweight" rating on shares of NVIDIA in a research report on Monday, February 23rd. Citigroup raised their price target on shares of NVIDIA from $270.00 to $300.00 and gave the company a "buy" rating in a report on Thursday, February 26th. Finally, Citic Securities boosted their price objective on shares of NVIDIA from $237.00 to $242.00 and gave the stock a "buy" rating in a research note on Thursday, November 20th. Four equities research analysts have rated the stock with a Strong Buy rating, forty-seven have issued a Buy rating and two have assigned a Hold rating to the stock. According to data from MarketBeat.com, NVIDIA has an average rating of "Buy" and an average price target of $273.41.

Insiders Place Their Bets

In related news, Director Mark A. Stevens sold 222,500 shares of the stock in a transaction that occurred on Friday, December 19th. The stock was sold at an average price of $180.17, for a total value of $40,087,825.00. Following the completion of the transaction, the director directly owned 7,621,453 shares of the company's stock, valued at $1,373,157,187.01. This represents a 2.84% decrease in their position. The sale was disclosed in a filing with the SEC, which is available through the SEC website. Also, Director Harvey C. Jones sold 250,000 shares of the stock in a transaction on Monday, December 15th. The stock was sold at an average price of $177.33, for a total value of $44,332,500.00. Following the completion of the transaction, the director directly owned 6,933,280 shares of the company's stock, valued at approximately $1,229,478,542.40. The trade was a 3.48% decrease in their position. Additional details regarding this sale are available in the official SEC disclosure. In the last three months, insiders sold 1,598,120 shares of company stock worth $289,278,314. 4.17% of the stock is currently owned by corporate insiders.

NVIDIA Trading Up 1.7%

Shares of NASDAQ NVDA opened at $183.04 on Thursday. The company has a quick ratio of 3.24, a current ratio of 3.91 and a debt-to-equity ratio of 0.05. The stock's 50 day moving average price is $186.12 and its two-hundred day moving average price is $183.87. NVIDIA Corporation has a 52-week low of $86.62 and a 52-week high of $212.19. The stock has a market capitalization of $4.45 trillion, a P/E ratio of 37.36, a PEG ratio of 0.61 and a beta of 2.33.

NVIDIA (NASDAQ:NVDA - Get Free Report) last announced its quarterly earnings results on Wednesday, February 25th. The computer hardware maker reported $1.62 earnings per share for the quarter, topping analysts' consensus estimates of $1.54 by $0.08. The business 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%.The business's quarterly revenue was up 73.2% on a year-over-year basis. During the same period in the prior year, the firm earned $0.89 EPS. On average, analysts anticipate that NVIDIA Corporation will post 2.77 earnings per share for the current fiscal year.

NVIDIA Announces Dividend

The company also recently announced a quarterly dividend, which will be paid on Wednesday, April 1st. Shareholders of record on Wednesday, March 11th will be given a $0.01 dividend. The ex-dividend date is Wednesday, March 11th. This represents a $0.04 annualized dividend and a yield of 0.0%. NVIDIA's dividend payout ratio 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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