NVIDIA Corporation $NVDA Stake Lowered by DAVENPORT & Co LLC

DAVENPORT & Co LLC lessened its stake in NVIDIA Corporation (NASDAQ:NVDA) by 0.9% in the 4th quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission (SEC). The fund owned 2,008,605 shares of the computer hardware maker’s stock after selling 17,634 shares during the quarter. NVIDIA accounts for approximately 2.0% of DAVENPORT & Co LLC’s holdings, making the stock its 5th biggest position. DAVENPORT & Co LLC’s holdings in NVIDIA were worth $374,976,000 at the end of the most recent reporting period.

A number of other hedge funds also recently bought and sold shares of NVDA. Heritage Family Offices LLP grew its position in NVIDIA by 48.7% during the 4th quarter. Heritage Family Offices LLP now owns 8,569 shares of the computer hardware maker’s stock valued at $1,598,000 after purchasing an additional 2,806 shares during the last quarter. ARS Wealth Advisors Group LLC raised its holdings in NVIDIA by 4.5% in the fourth quarter. ARS Wealth Advisors Group LLC now owns 68,483 shares of the computer hardware maker’s stock worth $12,772,000 after buying an additional 2,932 shares during the last quarter. Pensionfund Sabic purchased a new position in NVIDIA in the fourth quarter worth about $8,896,000. Lifelong Wealth Advisors Inc. lifted its stake in shares of NVIDIA by 1.6% in the fourth quarter. Lifelong Wealth Advisors Inc. now owns 5,369 shares of the computer hardware maker’s stock worth $1,001,000 after buying an additional 84 shares in the last quarter. Finally, Lauer Wealth LLC lifted its stake in shares of NVIDIA by 61.4% in the fourth quarter. Lauer Wealth LLC now owns 6,973 shares of the computer hardware maker’s stock worth $1,290,000 after buying an additional 2,653 shares in the last quarter. Institutional investors own 65.27% of the company’s stock.

Insider Activity

In other news, CFO Colette Kress sold 42,650 shares of the company’s stock in a transaction on Friday, March 20th. The stock was sold at an average price of $174.89, for a total value of $7,459,058.50. Following the completion of the sale, the chief financial officer directly owned 881,387 shares in the company, valued at $154,145,772.43. This represents a 4.62% decrease in their position. The transaction was disclosed in a document filed with the SEC, which is available at this link. Also, Director John Dabiri sold 3,004 shares of the firm’s stock in a transaction on Friday, March 13th. The stock was sold at an average price of $184.90, for a total value of $555,439.60. Following the completion of the transaction, the director directly owned 14,788 shares in the company, valued at approximately $2,734,301.20. This represents a 16.88% decrease in their ownership of the stock. The SEC filing for this sale provides additional information. Over the last 90 days, insiders have sold 1,401,616 shares of company stock worth $253,555,407. Company insiders own 4.17% of the company’s stock.

NVIDIA Trading Down 1.4%

Shares of NASDAQ:NVDA opened at $165.17 on Tuesday. The stock’s 50-day simple moving average is $182.99 and its two-hundred day simple moving average is $184.30. The stock has a market capitalization of $4.01 trillion, a price-to-earnings ratio of 33.71, a PEG ratio of 0.56 and a beta of 2.33. NVIDIA Corporation has a 52-week low of $86.62 and a 52-week high of $212.19. The company has a debt-to-equity ratio of 0.05, a quick ratio of 3.24 and a current ratio of 3.91.

NVIDIA (NASDAQ:NVDA) last issued its quarterly earnings data on Wednesday, February 25th. The computer hardware maker reported $1.62 earnings per share for the quarter, topping the consensus estimate of $1.54 by $0.08. The firm had revenue of $68.13 billion for the quarter, compared to analysts’ expectations of $65.56 billion. NVIDIA had a net margin of 55.60% and a return on equity of 97.37%. The business’s quarterly revenue was up 73.2% on a year-over-year basis. During the same quarter in the prior year, the business earned $0.89 EPS. Analysts expect that NVIDIA Corporation will post 2.77 EPS for the current year.

NVIDIA Announces Dividend

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

Analysts Set New Price Targets

Several analysts have commented on the company. Sanford C. Bernstein increased their target price on NVIDIA from $275.00 to $300.00 and gave the company an “outperform” rating in a research note on Thursday, February 26th. Piper Sandler restated an “overweight” rating on shares of NVIDIA in a research note on Thursday, February 26th. Jefferies Financial Group reaffirmed a “buy” rating and set a $275.00 price target (up from $250.00) on shares of NVIDIA in a report on Friday, January 16th. Wedbush increased their price objective on NVIDIA from $230.00 to $300.00 and gave the company an “outperform” rating in a research report on Tuesday, March 3rd. Finally, Citigroup lifted their price objective on NVIDIA from $270.00 to $300.00 and gave the stock a “buy” rating in a report on Thursday, February 26th. Four equities research 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 company. According to data from MarketBeat, NVIDIA has an average rating of “Buy” and a consensus price target of $275.95.

Trending Headlines about NVIDIA

Here are the key news stories impacting NVIDIA this week:

• Positive Sentiment: NVIDIA is accelerating cloud demand via a $2 billion investment/partnership with Nebius to build a full‑stack, NVIDIA‑powered AI cloud and support multiple gigawatts of capacity through 2030 — a long‑dated demand outlet for GPUs and data‑center chips. AI Infrastructure Wars Are Officially Here — Nvidia’s $2B Nebius Push Just Turned Up the Heat
• Positive Sentiment: Large AI customers continue to back NVIDIA hardware: French startup Mistral raised debt to build an NVIDIA‑powered data center (plans to use tens of thousands of GPUs), signaling meaningful near‑term procurement for high‑end chips. That supports revenue visibility for NVDA’s data‑center segment. Mistral secures $830 million in debt financing to fund AI data center
• Positive Sentiment: Enterprise adoption: Coupang announced an “AI factory” built with NVIDIA tech to automate logistics and delivery — another example of vertical integration that should sustain recurring GPU/cloud spend from large platform customers. Coupang (CPNG) and Nvidia Build AI Factory for Logistics Operations
• Positive Sentiment: Wall‑street/strategist support: Bank of America and other outlets keep NVIDIA among top AI/semiconductor picks, which could underpin buy‑side interest if near‑term earnings continue to beat. BofA Reveals Top AI Semiconductor Picks: NVIDIA (NVDA), Broadcom (AVGO), and AMD Lead
• Neutral Sentiment: Ecosystem recognition and partnerships (eg. IGEL partner awards, Dassault Systèmes integrations) highlight broad platform adoption but are incremental vs. large data‑center orders. IGEL Recognizes Nutanix, Omnissa, NVIDIA, HP and Imprivata as 2026 IGEL Ready Partners of the Year
• Neutral Sentiment: Smaller ecosystem news (startups naming NVIDIA as a customer, like Qodo) validate enterprise traction but are not material revenue drivers on their own. Qodo Raises $70M to Accelerate Fight Against Software Slop From OpenClaw and Claude Code
• Negative Sentiment: Valuation and sentiment drag: NVDA’s P/E has fallen to multi‑year lows amid geopolitical risk and market risk‑off, compressing multiples even as revenue growth stays strong — that increases downside if macro volatility persists. Nvidia’s PE sinks to seven-year low as war and AI angst weigh
• Negative Sentiment: Institutional repositioning: Reports say institutions cut >$70B of NVDA exposure in recent filings — large outflows or rebalancing can amplify volatility and pressure price in the near term. Institutions have dumped over $70 billion of Nvidia stock
• Negative Sentiment: Operational/supply risks: Reports flag potential production headwinds (eg. helium shortages for chip manufacturing) that could constrain supply or increase costs if they persist. Nvidia: Helium Shortage Problems

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.