10,929 Shares in NVIDIA Corporation $NVDA Purchased by Cox Capital Mgt LLC

Cox Capital Mgt LLC purchased a new stake in shares of NVIDIA Corporation (NASDAQ:NVDA) in the third quarter, according to the company in its most recent disclosure with the SEC. The institutional investor purchased 10,929 shares of the computer hardware maker’s stock, valued at approximately $2,039,000. NVIDIA comprises approximately 1.3% of Cox Capital Mgt LLC’s investment portfolio, making the stock its 28th largest holding.

Several other institutional investors and hedge funds have also bought and sold shares of the business. Harbor Asset Planning Inc. purchased a new position in NVIDIA during the 2nd quarter valued at $28,000. Winnow Wealth LLC purchased a new stake in shares of NVIDIA in the 2nd quarter worth about $32,000. Longfellow Investment Management Co. LLC boosted its stake in shares of 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 purchasing an additional 67 shares in the last quarter. Spurstone Advisory Services LLC purchased a new position in shares of NVIDIA during the second quarter valued at about $40,000. Finally, EDENTREE ASSET MANAGEMENT Ltd bought a new position in NVIDIA in the second quarter worth about $54,000. Hedge funds and other institutional investors own 65.27% of the company’s stock.

Key NVIDIA News

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

Insider Buying and Selling at NVIDIA

In other NVIDIA news, CFO Colette Kress sold 30,500 shares of NVIDIA stock in a transaction on Friday, December 12th. The stock was sold at an average price of $178.11, for a total value of $5,432,355.00. Following the completion of the sale, the chief financial officer owned 1,286,826 shares of the company’s stock, valued at approximately $229,196,578.86. This trade represents a 2.32% decrease in their position. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is accessible through this link. Also, EVP Debora Shoquist sold 69,840 shares of the business’s stock in a transaction on Friday, December 12th. The stock was sold at an average price of $177.85, for a total value of $12,421,044.00. Following the completion of the transaction, the executive vice president owned 1,424,603 shares of the company’s stock, valued at $253,365,643.55. This represents a 4.67% decrease in their position. The SEC filing for this sale provides additional information. In the last quarter, insiders sold 2,088,974 shares of company stock worth $382,662,167. Insiders own 4.17% of the company’s stock.

Analysts Set New Price Targets

NVDA has been the topic of several research reports. CICC Research lifted their price objective on NVIDIA from $200.00 to $228.00 and gave the company an “outperform” rating in a research report on Friday, November 21st. Wells Fargo & Company restated an “overweight” rating and issued a $265.00 target price (up previously from $220.00) on shares of NVIDIA in a research note on Friday, November 14th. BNP Paribas Exane upped their price target on NVIDIA from $240.00 to $250.00 and gave the stock an “outperform” rating in a research note on Tuesday, November 18th. Arete Research increased their price objective on NVIDIA from $244.00 to $261.00 and gave the stock a “buy” rating in a report on Tuesday, November 25th. Finally, Deutsche Bank Aktiengesellschaft boosted their target price on shares of NVIDIA from $180.00 to $215.00 and gave the company a “hold” rating in a report on Thursday, November 20th. Five equities research analysts have rated the stock with a Strong Buy rating, forty-five have issued a Buy rating, two have assigned a Hold rating and one has assigned a Sell rating to the company. Based on data from MarketBeat.com, the stock presently has a consensus rating of “Buy” and an average price target of $262.14.

NVIDIA Stock Performance

Shares of NVIDIA stock opened at $180.99 on Monday. NVIDIA Corporation has a 1 year low of $86.62 and a 1 year high of $212.19. The firm’s 50-day moving average is $185.58 and its 200 day moving average is $175.40. The stock has a market cap of $4.40 trillion, a price-to-earnings ratio of 44.91, a PEG ratio of 0.89 and a beta of 2.29. The company has a debt-to-equity ratio of 0.06, a current ratio of 4.47 and a quick ratio of 3.71.

NVIDIA (NASDAQ:NVDA) last issued its earnings results on Wednesday, November 19th. The computer hardware maker reported $1.30 earnings per share (EPS) for the quarter, topping the consensus estimate of $1.23 by $0.07. The business had revenue of $57.01 billion during the quarter, compared to analysts’ expectations of $54.66 billion. NVIDIA had a net margin of 53.01% and a return on equity of 99.24%. The business’s revenue for the quarter was up 62.5% compared to the same quarter last year. During the same period in the previous year, the company earned $0.81 earnings per share. Sell-side analysts anticipate that NVIDIA Corporation will post 2.77 EPS for the current fiscal year.

NVIDIA Dividend Announcement

The firm also recently disclosed a quarterly dividend, which will be paid on Friday, December 26th. Investors of record on Thursday, December 4th will be given a $0.01 dividend. The ex-dividend date of this dividend is Thursday, December 4th. This represents a $0.04 annualized dividend and a yield of 0.0%. NVIDIA’s dividend payout ratio is 0.99%.

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.