NVIDIA Corporation $NVDA Shares Bought by EWG Elevate Inc.

EWG Elevate Inc. raised its stake in shares of NVIDIA Corporation (NASDAQ:NVDAFree Report) by 84.7% during the third quarter, according to its most recent 13F filing with the Securities and Exchange Commission. The institutional investor owned 11,125 shares of the computer hardware maker’s stock after purchasing an additional 5,102 shares during the quarter. EWG Elevate Inc.’s holdings in NVIDIA were worth $2,076,000 at the end of the most recent reporting period.

Other institutional investors and hedge funds have also made changes to their positions in the company. Harbor Asset Planning Inc. purchased a new stake in NVIDIA during the 2nd quarter valued at about $28,000. Winnow Wealth LLC acquired a new stake in shares of NVIDIA during the second quarter worth about $32,000. Longfellow Investment Management Co. LLC boosted its position in NVIDIA by 47.9% in the second quarter. Longfellow Investment Management Co. LLC now owns 207 shares of the computer hardware maker’s stock valued at $33,000 after buying an additional 67 shares during the last quarter. Spurstone Advisory Services LLC acquired a new position in NVIDIA in the 2nd quarter worth approximately $40,000. Finally, EDENTREE ASSET MANAGEMENT Ltd purchased a new position in NVIDIA during the 2nd quarter worth approximately $54,000. 65.27% of the stock is currently owned by institutional investors and hedge funds.

Analyst Upgrades and Downgrades

Several analysts have recently commented on NVDA shares. BNP Paribas Exane upped their price objective on shares of NVIDIA from $240.00 to $250.00 and gave the company an “outperform” rating in a report on Tuesday, November 18th. Jefferies Financial Group restated a “buy” rating and set a $250.00 target price (up from $240.00) on shares of NVIDIA in a research report on Thursday, November 20th. Arete Research increased their price target on NVIDIA from $244.00 to $261.00 and gave the stock a “buy” rating in a research report on Tuesday, November 25th. Morgan Stanley boosted their price objective on NVIDIA from $235.00 to $250.00 and gave the company an “overweight” rating in a report on Monday, December 1st. Finally, Benchmark raised their target price on NVIDIA from $220.00 to $250.00 and gave the stock a “buy” rating in a report on Thursday, November 20th. Five research analysts have rated the stock with a Strong Buy rating, forty-five have given a Buy rating, two have assigned a Hold rating and one has issued a Sell rating to the company. According to data from MarketBeat.com, NVIDIA has a consensus rating of “Buy” and an average target price of $262.14.

View Our Latest Report on NVIDIA

NVIDIA Price Performance

Shares of NASDAQ NVDA opened at $180.99 on Friday. The company has a debt-to-equity ratio of 0.06, a quick ratio of 3.71 and a current ratio of 4.47. The firm has a fifty day moving average of $185.58 and a 200 day moving average of $174.93. The firm has a market cap of $4.40 trillion, a PE ratio of 44.91, a PEG ratio of 0.85 and a beta of 2.29. NVIDIA Corporation has a one year low of $86.62 and a one year high of $212.19.

NVIDIA (NASDAQ:NVDAGet Free Report) last announced its earnings results on Wednesday, November 19th. The computer hardware maker reported $1.30 earnings per share (EPS) for the quarter, beating the consensus estimate of $1.23 by $0.07. The business had revenue of $57.01 billion for the quarter, compared to analyst estimates of $54.66 billion. NVIDIA had a net margin of 53.01% and a return on equity of 99.24%. The company’s revenue for the quarter was up 62.5% compared to the same quarter last year. During the same quarter last year, the business earned $0.81 earnings per share. As a group, research analysts predict that NVIDIA Corporation will post 2.77 EPS for the current fiscal year.

NVIDIA Dividend Announcement

The company also recently announced a quarterly dividend, which will be paid on Friday, December 26th. Shareholders of record on Thursday, December 4th will be issued a dividend of $0.01 per share. The ex-dividend date of this dividend is Thursday, December 4th. This represents a $0.04 dividend on an annualized basis and a dividend yield of 0.0%. NVIDIA’s dividend payout ratio is presently 0.99%.

Insider Transactions at NVIDIA

In other NVIDIA news, EVP Debora Shoquist sold 80,000 shares of NVIDIA stock in a transaction on Tuesday, December 9th. The shares were sold at an average price of $184.65, for a total transaction of $14,772,000.00. Following the sale, the executive vice president owned 1,574,443 shares of the company’s stock, valued at $290,720,899.95. The trade was a 4.84% decrease in their position. The sale was disclosed in a document filed with the SEC, which is available through this hyperlink. Also, CEO Jen Hsun Huang sold 75,000 shares of the company’s stock in a transaction on Wednesday, October 15th. The stock was sold at an average price of $181.01, for a total transaction of $13,575,750.00. Following the sale, the chief executive officer directly owned 70,258,203 shares of the company’s stock, valued at $12,717,437,325.03. The trade was a 0.11% decrease in their position. Additional details regarding this sale are available in the official SEC disclosure. In the last ninety days, insiders have sold 2,163,974 shares of company stock worth $396,087,917. 4.17% of the stock is owned by insiders.

Key Headlines Impacting NVIDIA

Here are the key news stories impacting NVIDIA this week:

  • Positive Sentiment: U.S. review could pave way for H200 shipments to China — reports say the administration launched a review that might allow exports of Nvidia’s H200 AI chips to China, which would materially expand addressable demand and revenue prospects. US launches review of advanced Nvidia AI chip sales to China
  • Positive Sentiment: Regulatory overhang removed on Intel tie-up — U.S. antitrust agencies cleared Nvidia’s investment in Intel, reducing a near-term regulatory risk and supporting strategic partnerships that could help scale production and go-to-market efforts. Nvidia-Intel deal cleared by US antitrust agencies
  • Positive Sentiment: Analysts getting more bullish — several firms (Sanford C. Bernstein reiterated buy at $275, Truist raised its PT to $275, Zacks boosted EPS estimates) are lifting targets or confirming buys, helping technical momentum and positioning for upside. MarketScreener Latest Ratings
  • Neutral Sentiment: Management clarifies OpenAI investment status — Jensen Huang said Nvidia has not yet funded its announced plan around OpenAI, which removes some rumor-driven uncertainty but leaves the timing and size of any investment unclear. Nvidia has not given OpenAI ‘a penny yet,’ CEO Huang tells Fox Business
  • Negative Sentiment: Insider selling disclosed — long-time director Harvey Jones sold 250,000 shares (~$44M), a headline that can spook some investors even though large insiders often diversify. Nvidia director sells $44 million in stock

NVIDIA Company Profile

(Free Report)

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.

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Institutional Ownership by Quarter for NVIDIA (NASDAQ:NVDA)

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