Retirement Systems of Alabama Sells 35,505 Shares of NVIDIA Corporation $NVDA

Retirement Systems of Alabama trimmed its holdings in shares of NVIDIA Corporation (NASDAQ:NVDA) by 0.4% during the 4th quarter, according to its most recent disclosure with the Securities and Exchange Commission (SEC). The fund owned 8,858,792 shares of the computer hardware maker’s stock after selling 35,505 shares during the quarter. NVIDIA comprises 5.4% of Retirement Systems of Alabama’s portfolio, making the stock its biggest holding. Retirement Systems of Alabama’s holdings in NVIDIA were worth $1,652,165,000 as of its most recent SEC filing.

Several other hedge funds have also recently bought and sold shares of NVDA. Brighton Jones LLC increased its position in NVIDIA by 12.4% during the fourth 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 increased its position in NVIDIA by 1.0% during the fourth quarter. Bank Pictet & Cie Europe AG now owns 2,346,417 shares of the computer hardware maker’s stock worth $315,100,000 after buying an additional 22,929 shares during the last quarter. Highview Capital Management LLC DE increased its position in NVIDIA by 6.7% during 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 buying an additional 3,653 shares during the last quarter. Hudson Value Partners LLC increased its position 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 buying an additional 11,900 shares during the last quarter. Finally, Wealth Group Ltd. increased its position in NVIDIA by 15.7% during the first quarter. Wealth Group Ltd. now owns 6,598 shares of the computer hardware maker’s stock worth $715,000 after buying an additional 896 shares during the last quarter. 65.27% of the stock is owned by institutional investors and hedge funds.

NVIDIA Trading Up 2.2%

Shares of NASDAQ:NVDA opened at $182.08 on Thursday. The company has a market cap of $4.42 trillion, a P/E ratio of 37.16, a P/E/G ratio of 0.59 and a beta of 2.34. The stock’s 50-day moving average is $181.84 and its 200-day moving average is $184.34. NVIDIA Corporation has a 52-week low of $95.04 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 released its 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 during the quarter, compared to analysts’ expectations of $65.56 billion. During the same quarter last year, the company earned $0.89 earnings per share. The firm’s revenue was up 73.2% on a year-over-year basis. Equities research analysts predict 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 was paid on Wednesday, April 1st. Investors of record on Wednesday, March 11th were paid a $0.01 dividend. This represents a $0.04 annualized dividend and a dividend yield of 0.0%. The ex-dividend date was Wednesday, March 11th. 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: Macro/market catalyst — a U.S.-Iran ceasefire announcement reduced geopolitical risk and sparked a broad tech rally, lifting NVDA alongside other mega‑caps. Alphabet, Nvidia, Microsoft lead tech rally after Trump announces ceasefire with Iran
• Positive Sentiment: Investor/flow momentum — NVDA shows up on hedge‑fund buy lists and “strong setup” screens, suggesting institutional interest could prop the stock as funds reposition into AI winners. NVIDIA among the hedge fund favorites
• Positive Sentiment: Strategic investments and ecosystem expansion — NVDA’s $2B investment in Marvell and partnerships (NVLink Fusion) deepen its data‑center footprint and make NVDA more central to rack-scale AI deployments, supporting long-term revenue visibility. NVIDIA Invests $2B in Marvell
• Positive Sentiment: Strategic narrative — MarketBeat and others highlight NVDA’s push into “Industrial Revolution 4.0” (robotics, edge AI, full‑stack software + hardware), reinforcing the bull case that demand extends beyond hyperscale training. NVIDIA Bets Big on Industrial Revolution 4.0
• Neutral Sentiment: Trading strategies and technical setups — some analysts are outlining cheap ways to play a potential NVDA rally (options/strategies), which can amplify short-term volume but also add volatility. Bet on an Nvidia rally – and do it on the cheap
• Neutral Sentiment: Performance context — while NVDA is advancing with the market, some data show it has recently underperformed peers on short horizons, indicating mixed near‑term breadth. Nvidia Advances But Underperforms Market
• Negative Sentiment: Liquidity/flow risk — reports show hedge funds have been net sellers at a pace not seen in years, which can pressure NVDA episodically despite strong fundamentals. Hedge funds selling off equities
• Negative Sentiment: Supply & geopolitical risks — analysts flag potential memory supply constraints that could limit production and continued Taiwan/exposure and targeted threats remain headline risks. Potential production cut due to memory supply constraints

Insiders Place Their Bets

In related news, EVP Ajay K. Puri sold 300,000 shares of the stock in a transaction dated 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. This trade represents a 9.04% decrease in their ownership of the stock. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is accessible through this hyperlink. Also, Director John Dabiri sold 3,004 shares of the stock in a transaction dated Friday, March 13th. The shares were sold at an average price of $184.90, for a total transaction of $555,439.60. Following the completion of the sale, the director owned 14,788 shares of the company’s stock, valued at approximately $2,734,301.20. The trade was a 16.88% decrease in their position. The disclosure for this sale is available in the SEC filing. Insiders have sold 1,201,616 shares of company stock valued at $215,991,407 in the last quarter. 4.17% of the stock is currently owned by insiders.

Analysts Set New Price Targets

Several equities analysts have commented on the stock. William Blair set a $300.00 target price on shares of NVIDIA in a research report on Thursday, March 12th. Raymond James Financial raised their price target on NVIDIA from $291.00 to $323.00 and gave the company a “strong-buy” rating in a research report on Thursday, March 19th. Tigress Financial reaffirmed a “strong-buy” rating and issued a $360.00 price target (up from $350.00) on shares of NVIDIA in a research report on Thursday, March 5th. Morgan Stanley set a $260.00 price target on NVIDIA in a research report on Monday, March 2nd. Finally, Rosenblatt Securities reaffirmed a “buy” rating and issued a $325.00 price target on shares of NVIDIA in a research report on Monday, March 23rd. Four investment analysts have rated the stock with a Strong Buy rating, forty-seven have issued a Buy rating and two have issued a Hold rating to the company’s stock. Based on data from MarketBeat, the company presently has a consensus rating of “Buy” and an average target price of $275.25.

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.