Trust Asset Management LLC Sells 9,985 Shares of NVIDIA Corporation $NVDA

Trust Asset Management LLC decreased its position in shares of NVIDIA Corporation (NASDAQ:NVDA) by 3.5% during the 4th quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission. The fund owned 272,283 shares of the computer hardware maker’s stock after selling 9,985 shares during the quarter. NVIDIA makes up about 3.5% of Trust Asset Management LLC’s portfolio, making the stock its 3rd biggest holding. Trust Asset Management LLC’s holdings in NVIDIA were worth $50,781,000 at the end of the most recent reporting period.

A number of other hedge funds have also recently modified their holdings of NVDA. Brighton Jones LLC increased its holdings in shares of NVIDIA by 12.4% during the 4th quarter. Brighton Jones LLC now owns 324,901 shares of the computer hardware maker’s stock worth $43,631,000 after buying an additional 35,815 shares during the last quarter. Bank Pictet & Cie Europe AG lifted its holdings in NVIDIA by 1.0% in the fourth quarter. Bank Pictet & Cie Europe AG now owns 2,346,417 shares of the computer hardware maker’s stock valued at $315,100,000 after acquiring an additional 22,929 shares during the last quarter. Highview Capital Management LLC DE grew its position in NVIDIA by 6.7% in the fourth quarter. Highview Capital Management LLC DE now owns 58,396 shares of the computer hardware maker’s stock worth $7,842,000 after acquiring an additional 3,653 shares during the period. Hudson Value Partners LLC increased its stake in NVIDIA by 30.7% during the fourth quarter. Hudson Value Partners LLC now owns 50,658 shares of the computer hardware maker’s stock worth $6,805,000 after acquiring an additional 11,900 shares during the last quarter. Finally, Wealth Group Ltd. raised its position in NVIDIA by 15.7% in the first quarter. Wealth Group Ltd. now owns 6,598 shares of the computer hardware maker’s stock valued at $715,000 after purchasing an additional 896 shares during the period. Hedge funds and other institutional investors own 65.27% of the company’s stock.

NVIDIA News Roundup

Here are the key news stories impacting NVIDIA this week:

• Positive Sentiment: NVIDIA broadened its AI ecosystem with a strategic, $2 billion investment and NVLink Fusion tie?up with Marvell — investors see this as a move to lock partners into Nvidia’s rack?scale fabric and protect long?term data?center share. Nvidia takes stake in Marvell (CNBC)
• Positive Sentiment: Product pipeline: coverage points to Rubin Ultra and other next?gen AI capabilities that could drive outsized revenue growth if adopted broadly, supporting longer?term upside. Rubin Ultra revenue upside (InsiderMonkey)
• Positive Sentiment: Big?name investors and institutional conviction are supporting sentiment — recent disclosures show purchases by well?known allocators alongside continued high sell?side buy ratings and above?consensus price targets. Analyst bullishness and price targets (InsiderMonkey) Paul Tudor Jones bullish on NVDA (Yahoo) Ray Dalio buying activity (MSN)
• Positive Sentiment: Profitability remains a strength: gross margins are running near 75%, which supports cash flow generation and the company’s ability to fund investments and ecosystem stakes. Gross margin analysis (Zacks)
• Neutral Sentiment: Some analysts adjusted targets downward from earlier peaks but kept buy ratings (New Street cut its target to $275 while maintaining a buy), which tempers upside expectations but keeps institutional backing intact. New Street price target adjustment (MarketScreener)
• Neutral Sentiment: Corporate actions and cash returns — including a near?term dividend payment — are incremental positives for income?focused holders but unlikely to move the long?term growth story. Dividend announcement (Finbold)
• Negative Sentiment: Competitive pressure in China: IDC data show local GPU/AI?accelerator vendors gaining meaningful share, which raises execution risk in a key international market. Chinese competition eroding share (Reuters)
• Negative Sentiment: Near?term market pressure and technical/headline-driven selloffs (including an AI memory?led rout that knocked shares lower) are reminding investors that NVDA’s premium valuation is vulnerable to sentiment swings. AI memory rout analysis (BeInCrypto)
• Negative Sentiment: Operational/earnings caution: NVDA has recorded consecutive quarterly share price declines for the first time in years — history offers rebound scenarios but the streak highlights short?term earnings/guide risk. Two?quarter loss and outlook (Barron’s)
• Negative Sentiment: Some long?standing holders trimmed positions (D. E. Shaw reported a reduction), a reminder that portfolio rebalancing can add selling pressure even amid broad conviction. D. E. Shaw trims NVDA stake (InsiderMonkey)

NVIDIA Stock Performance

Shares of NVIDIA stock opened at $175.75 on Thursday. The stock has a market capitalization of $4.27 trillion, a price-to-earnings ratio of 35.87, a price-to-earnings-growth ratio of 0.58 and a beta of 2.34. The company has a debt-to-equity ratio of 0.05, a current ratio of 3.91 and a quick ratio of 3.24. The business has a 50-day moving average of $182.77 and a 200 day moving average of $184.22. NVIDIA Corporation has a 12 month low of $86.62 and a 12 month high of $212.19.

NVIDIA (NASDAQ:NVDA) last issued its quarterly earnings results 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. The company had revenue of $68.13 billion for the quarter, compared to analyst estimates of $65.56 billion. NVIDIA had a net margin of 55.60% and a return on equity of 97.37%. The business’s revenue for the quarter was up 73.2% compared to the same quarter last year. During the same period in the prior year, the firm earned $0.89 earnings per share. As a group, sell-side analysts forecast that NVIDIA Corporation will post 2.77 earnings per share for the current year.

NVIDIA Announces Dividend

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

Insider Activity at NVIDIA

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 transaction of $7,459,058.50. Following the sale, the chief financial officer owned 881,387 shares of the company’s stock, valued at approximately $154,145,772.43. This represents a 4.62% decrease in their ownership of the stock. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which can be accessed through the SEC website. Also, EVP Ajay K. Puri sold 300,000 shares of the stock in a transaction on Wednesday, March 18th. The shares were sold at an average price of $182.25, for a total value of $54,675,000.00. Following the completion of the sale, the executive vice president owned 3,018,547 shares in the company, valued at approximately $550,130,190.75. The trade was a 9.04% decrease in their ownership of the stock. Additional details regarding this sale are available in the official SEC disclosure. Insiders sold 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 corporate insiders.

Analyst Ratings Changes

Several brokerages have recently commented on NVDA. Benchmark reaffirmed a “buy” rating and issued a $250.00 price target on shares of NVIDIA in a research note on Tuesday. Mizuho set a $275.00 price objective on shares of NVIDIA and gave the company an “outperform” rating in a report on Friday, January 9th. Rosenblatt Securities reaffirmed a “buy” rating and issued a $325.00 target price on shares of NVIDIA in a research report on Monday, March 23rd. Morgan Stanley set a $260.00 target price on shares of NVIDIA in a research note on Monday, March 2nd. Finally, Wedbush lifted their price target on shares of NVIDIA from $230.00 to $300.00 and gave the company an “outperform” rating in a research report on Tuesday, March 3rd. Four investment analysts have rated the stock with a Strong Buy rating, forty-seven have assigned a Buy rating and two have given a Hold rating to the stock. According to data from MarketBeat, the company presently has an average 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.