Patten Group Inc. Sells 4,480 Shares of NVIDIA Corporation $NVDA

Patten Group Inc. lowered its position in shares of NVIDIA Corporation (NASDAQ:NVDA) by 2.7% in the fourth quarter, according to its most recent 13F filing with the SEC. The firm owned 159,792 shares of the computer hardware maker’s stock after selling 4,480 shares during the quarter. NVIDIA comprises approximately 5.5% of Patten Group Inc.’s holdings, making the stock its largest holding. Patten Group Inc.’s holdings in NVIDIA were worth $29,801,000 at the end of the most recent quarter.

Other hedge funds have also recently bought and sold shares of the company. PMG Family Office LLC bought a new position in shares of NVIDIA in the 3rd quarter worth $2,150,000. Oak Ridge Investments LLC increased its holdings in NVIDIA by 2.2% in the third quarter. Oak Ridge Investments LLC now owns 970,860 shares of the computer hardware maker’s stock valued at $181,143,000 after purchasing an additional 20,559 shares during the last quarter. Weaver Capital Management LLC increased its holdings in NVIDIA by 5.5% in the fourth quarter. Weaver Capital Management LLC now owns 85,216 shares of the computer hardware maker’s stock valued at $15,893,000 after purchasing an additional 4,439 shares during the last quarter. Circle Wealth Management LLC lifted its stake in NVIDIA by 16.1% in the third quarter. Circle Wealth Management LLC now owns 107,787 shares of the computer hardware maker’s stock valued at $20,111,000 after buying an additional 14,936 shares during the period. Finally, Sunburst Financial Group LLC boosted its holdings in NVIDIA by 11.3% during the fourth quarter. Sunburst Financial Group LLC now owns 42,515 shares of the computer hardware maker’s stock worth $7,929,000 after buying an additional 4,300 shares during the last quarter. Hedge funds and other institutional investors own 65.27% of the company’s stock.

Analyst Ratings Changes

NVDA has been the subject of a number of recent analyst reports. JPMorgan Chase & Co. upped their price target on NVIDIA from $250.00 to $265.00 and gave the company an “overweight” rating in a research note on Thursday, February 26th. Needham & Company LLC reissued a “buy” rating and set a $240.00 price objective on shares of NVIDIA in a research note on Wednesday, March 18th. Evercore reaffirmed an “outperform” rating on shares of NVIDIA in a research note on Tuesday, January 6th. UBS Group reiterated a “buy” rating on shares of NVIDIA in a report on Tuesday, March 17th. Finally, Citigroup assumed coverage on shares of NVIDIA in a research report on Wednesday, April 15th. They set a “buy” rating on the stock. Four investment analysts have rated the stock with a Strong Buy rating, forty-eight have issued a Buy rating and two have issued a Hold rating to the company’s stock. Based on data from MarketBeat.com, the company currently has a consensus rating of “Buy” and an average target price of $275.25.

NVIDIA Price Performance

NASDAQ NVDA opened at $199.57 on Friday. The firm’s 50 day moving average is $186.75 and its 200-day moving average is $186.15. 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 company has a market capitalization of $4.85 trillion, a PE ratio of 40.73, a price-to-earnings-growth ratio of 0.69 and a beta of 2.34. NVIDIA Corporation has a 12-month low of $110.82 and a 12-month high of $216.82.

NVIDIA (NASDAQ:NVDA) last announced its earnings results on Wednesday, February 25th. The computer hardware maker reported $1.62 EPS for the quarter, topping the consensus estimate of $1.54 by $0.08. NVIDIA had a net margin of 55.60% and a return on equity of 97.37%. The business 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 posted $0.89 earnings per share. The firm’s revenue was up 73.2% on a year-over-year basis. Equities research analysts anticipate that NVIDIA Corporation will post 7.78 earnings per share for the current fiscal year.

NVIDIA Announces Dividend

The business also recently disclosed a quarterly dividend, which was paid on Wednesday, April 1st. Stockholders of record on Wednesday, March 11th were issued a $0.01 dividend. The ex-dividend date was Wednesday, March 11th. This represents a $0.04 annualized dividend and a dividend yield of 0.0%. NVIDIA’s dividend payout ratio (DPR) is presently 0.82%.

Key Stories Impacting NVIDIA

Here are the key news stories impacting NVIDIA this week:

• Positive Sentiment: Hyperscaler AI capex remains large and rising, supporting long-term demand for GPUs and data-center kit — a tailwind for NVIDIA’s revenue outlook. AI Data Center Spending Rushes Toward $800 Billion
• Positive Sentiment: Pricing power in constrained markets: advanced B300 server prices in China have jumped toward ~$1M amid supply tightness, indicating strong demand and potential margin lift for NVIDIA’s top-end products. Exclusive: Prices of Nvidia’s B300 server at $1 million in China on US curbs, sources say
• Positive Sentiment: Strategic investments and product momentum — NVDA’s venture arm backed legal?tech startup Legora and the company pushed new models (Nemotron) and server/platform updates that expand addressable markets. Nvidia just invested in the AI legal startup that’s splashing Jude Law ads everywhere
• Neutral Sentiment: NVIDIA set a May 20 conference call to discuss Q1 FY2027 results (webcast + CFO commentary), which creates a near-term reporting date for updated guidance and could move the stock on surprises. NVIDIA Sets Conference Call for First-Quarter Financial Results
• Neutral Sentiment: Product launches (Nemotron 3 Nano Omni) and ecosystem partnerships keep the longer-term narrative intact, though these are more medium-term catalysts than immediate stock drivers. As Nvidia launches Nemotron 3 Nano Omni model, should you buy, sell, or hold NVDA stock?
• Negative Sentiment: Short-term rotation and profit?taking after a huge run: investors rotated into other chip names and rebalanced after a multi-week rally, pressuring NVDA despite strong cloud spending signals. NVIDIA Falls 4% on Rotation Concerns: How Strong Profitability Could Save the Bull Case
• Negative Sentiment: Competitive risk from hyperscalers: Google and Amazon are developing/custom selling AI chips, creating a potential long?term threat to NVIDIA’s dominance and prompting investor caution. Nvidia’s $4.9 trillion chip empire has a new problem: its biggest customers
• Negative Sentiment: Minor analyst/estimate tweaks and heavy insider selling headlines (persistent exec share sales reported) add to near?term caution, even though fundamentals remain strong. (Estimates were nudged slightly; insiders have been net sellers.)

Insiders Place Their Bets

In related news, EVP Ajay K. Puri sold 300,000 shares of the company’s stock in a transaction dated Wednesday, March 18th. The stock was sold at an average price of $182.25, for a total transaction of $54,675,000.00. Following the sale, the executive vice president owned 3,018,547 shares in the company, valued at approximately $550,130,190.75. This represents a 9.04% decrease in their ownership of the stock. The transaction was disclosed in a legal filing with the SEC, which is accessible through this hyperlink. Also, CFO Colette Kress sold 20,000 shares of the firm’s stock in a transaction that occurred on Friday, March 20th. The shares were sold at an average price of $174.89, for a total value of $3,497,800.00. Following the completion of the transaction, the chief financial officer owned 83,060 shares of the company’s stock, valued at approximately $14,526,363.40. This represents a 19.41% decrease in their ownership of the stock. The SEC filing for this sale provides additional information. Insiders have sold 953,976 shares of company stock valued at $171,173,819 in the last quarter. 4.17% of the stock is currently owned by corporate 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.