NVIDIA Corporation $NVDA is Fred Alger Management LLC’s Largest Position

Fred Alger Management LLC cut its holdings in shares of NVIDIA Corporation (NASDAQ:NVDA) by 0.5% during the 3rd quarter, according to its most recent Form 13F filing with the SEC. The institutional investor owned 14,855,800 shares of the computer hardware maker’s stock after selling 81,752 shares during the quarter. NVIDIA accounts for approximately 10.8% of Fred Alger Management LLC’s holdings, making the stock its biggest holding. Fred Alger Management LLC owned approximately 0.06% of NVIDIA worth $2,771,926,000 at the end of the most recent quarter.

A number of other institutional investors also recently made changes to their positions in NVDA. Winnow Wealth LLC purchased a new position in shares of NVIDIA in the second quarter worth about $32,000. Longfellow Investment Management Co. LLC boosted its holdings in NVIDIA by 47.9% during the 2nd quarter. Longfellow Investment Management Co. LLC now owns 207 shares of the computer hardware maker’s stock valued at $33,000 after acquiring an additional 67 shares during the period. Spurstone Advisory Services LLC bought a new position in NVIDIA during the 2nd quarter worth approximately $40,000. Sellwood Investment Partners LLC bought a new position in NVIDIA during the 3rd quarter worth approximately $50,000. Finally, EDENTREE ASSET MANAGEMENT Ltd purchased a new position in NVIDIA in the 2nd quarter worth approximately $54,000. Hedge funds and other institutional investors own 65.27% of the company’s stock.

NVIDIA Price Performance

Shares of NVIDIA stock opened at $183.22 on Tuesday. The business has a 50 day moving average of $185.25 and a 200 day moving average of $184.12. NVIDIA Corporation has a 52 week low of $86.62 and a 52 week high of $212.19. The company has a market cap of $4.45 trillion, a PE ratio of 37.39, a P/E/G ratio of 0.61 and a beta of 2.33. The company has a quick ratio of 3.24, a current ratio of 3.91 and a debt-to-equity ratio of 0.05.

NVIDIA (NASDAQ:NVDA) last released its quarterly earnings results on Wednesday, February 25th. The computer hardware maker reported $1.62 earnings per share for the quarter, beating 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 for the quarter, compared to analysts’ expectations of $65.56 billion. During the same quarter in the previous year, the business posted $0.89 earnings per share. The firm’s revenue for the quarter was up 73.2% compared to the same quarter last year. As a group, equities research analysts forecast that NVIDIA Corporation will post 2.77 earnings per share for the current year.

NVIDIA Dividend Announcement

The business also recently announced a quarterly dividend, which will be paid on Wednesday, April 1st. Stockholders of record on Wednesday, March 11th will be paid 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%.

Insider Activity at NVIDIA

In other NVIDIA news, Director Mark A. Stevens sold 222,500 shares of NVIDIA stock in a transaction that occurred on Friday, December 19th. The stock was sold at an average price of $180.17, for a total transaction of $40,087,825.00. Following the sale, the director directly owned 7,621,453 shares of the company’s stock, valued at approximately $1,373,157,187.01. The trade was a 2.84% decrease in their position. The transaction was disclosed in a legal filing with the SEC, which can be accessed through this link. Also, EVP Ajay K. Puri sold 300,000 shares of NVIDIA stock in a transaction that occurred on Tuesday, March 10th. The shares were sold at an average price of $182.52, for a total value of $54,756,000.00. Following the sale, the executive vice president directly owned 3,318,547 shares in the company, valued at approximately $605,701,198.44. The trade was a 8.29% decrease in their ownership of the stock. The SEC filing for this sale provides additional information. Insiders have sold 1,017,780 shares of company stock worth $185,596,715 over the last 90 days. 4.17% of the stock is owned by company insiders.

Wall Street Analyst Weigh In

NVDA has been the subject of several recent research reports. Morgan Stanley set a $260.00 price objective on NVIDIA in a research report on Monday, March 2nd. William Blair set a $300.00 target price on shares of NVIDIA in a research note on Thursday. Oppenheimer reiterated an “outperform” rating and set a $265.00 price target on shares of NVIDIA in a report on Thursday, February 26th. Sanford C. Bernstein increased their price target on shares of NVIDIA from $275.00 to $300.00 and gave the company an “outperform” rating in a research report on Thursday, February 26th. Finally, Melius Research raised their price target on shares of NVIDIA from $300.00 to $320.00 and gave the stock a “buy” rating in a report on Thursday, November 20th. Four analysts have rated the stock with a Strong Buy rating, forty-seven have given a Buy rating and two have assigned a Hold rating to the stock. According to data from MarketBeat.com, the company presently has an average rating of “Buy” and an average target price of $274.21.

Key Headlines Impacting NVIDIA

Here are the key news stories impacting NVIDIA this week:

• Positive Sentiment: Jensen Huang projected massive demand — he said purchase orders for Blackwell and Vera Rubin systems could reach $1 trillion through 2027, a bullish volume signal for data-center GPU and inference spend. CNBC: Nvidia GTC 2026
• Positive Sentiment: Major product stack unveiled at GTC — NVIDIA introduced the Vera CPU (agentic AI focus), Vera Rubin inference systems, new Blackwell/Rubin chips, and software like Dynamo and NVL72 reference designs that together target inference/agentic workloads and AI factories, widening TAM for NVIDIA beyond traditional GPUs. TechCrunch: Jensen just put Nvidia’s …
• Positive Sentiment: Ecosystem & commercial traction — multiple customers and partners (Uber robotaxi rollout, automakers adopting DRIVE Hyperion, Samsung showcasing a 4nm inference chip, Nebius/Meta infrastructure deals, and broad ISV support) signal enterprise, cloud and automotive demand for NVIDIA platforms. These commercial commitments support near-term order visibility. Reuters: Samsung showcases Nvidia’s new inference chip
• Neutral Sentiment: Gaming & graphics upside — DLSS 5 (real-time neural rendering) may boost consumer GPU demand and strengthens NVIDIA’s moat in graphics, but is more incremental to the core data-center revenue story. GlobeNewswire: NVIDIA DLSS 5
• Neutral Sentiment: Software & agent tooling (NemoClaw, OpenClaw/OpenShell) aim to make enterprise agents easier to deploy — strengthens software stickiness but monetization timeline and margins are less certain. CNET: Nvidia Wants to Make It Easier …
• Negative Sentiment: Analyst and valuation scrutiny — some investors and analysts are pushing NVIDIA for clearer 2027 targets and cash allocation plans; with a richly priced stock, expectations are high and any execution miss could pressure the share price. MSN: Analysts push Nvidia …
• Negative Sentiment: Competitive & macro risks — growing inference specialization (in-house chips from big cloud/meta players and Chinese foundry/OSAT advances) plus supply-chain/capex cycles and the stock’s high multiple leave downside risk if orders or margins disappoint. Seeking Alpha: NVDA risk piece

NVIDIA Company 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.