Czech National Bank Purchases 236,017 Shares of NVIDIA Corporation $NVDA

Czech National Bank raised its holdings in NVIDIA Corporation (NASDAQ:NVDA) by 4.0% in the third quarter, according to its most recent 13F filing with the Securities and Exchange Commission. The fund owned 6,197,202 shares of the computer hardware maker’s stock after acquiring an additional 236,017 shares during the quarter. NVIDIA accounts for about 8.0% of Czech National Bank’s portfolio, making the stock its biggest holding. Czech National Bank’s holdings in NVIDIA were worth $1,156,274,000 as of its most recent SEC filing.

Several other hedge funds also recently made changes to their positions in the business. Harbor Asset Planning Inc. bought a new stake in shares of NVIDIA during the 2nd quarter worth $28,000. Winnow Wealth LLC acquired a new stake in shares of NVIDIA during the second quarter worth $32,000. Longfellow Investment Management Co. LLC lifted its holdings in shares of NVIDIA by 47.9% during the second 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 during the last quarter. Spurstone Advisory Services LLC acquired a new position in shares of NVIDIA in the 2nd quarter valued at $40,000. Finally, EDENTREE ASSET MANAGEMENT Ltd acquired a new position in shares of NVIDIA in the 2nd quarter valued at $54,000. Institutional investors and hedge funds own 65.27% of the company’s stock.

Trending Headlines about 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

Analyst Ratings Changes

NVDA has been the subject of a number of analyst reports. Morgan Stanley upped their price objective on shares of NVIDIA from $235.00 to $250.00 and gave the company an “overweight” rating in a research note on Monday, December 1st. HSBC set a $320.00 price target on shares of NVIDIA and gave the company a “buy” rating in a report on Wednesday, October 15th. DA Davidson reaffirmed a “buy” rating and issued a $250.00 price objective on shares of NVIDIA in a research note on Thursday, November 20th. Mizuho boosted their target price on shares of NVIDIA from $235.00 to $245.00 and gave the company an “outperform” rating in a research note on Thursday, November 20th. Finally, New Street Research restated a “buy” rating and issued a $307.00 target price on shares of NVIDIA in a report on Thursday, October 30th. Five research analysts have rated the stock with a Strong Buy rating, forty-five have given a Buy rating, two have given a Hold rating and one has given a Sell rating to the company. Based on data from MarketBeat.com, the stock has an average rating of “Buy” and a consensus target price of $262.14.

NVIDIA Trading Up 3.9%

Shares of NASDAQ NVDA opened at $180.99 on Monday. 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 business has a 50 day simple moving average of $185.58 and a 200 day simple moving average of $175.40. The company has a debt-to-equity ratio of 0.06, a quick ratio of 3.71 and a current ratio of 4.47. NVIDIA Corporation has a 52 week low of $86.62 and a 52 week high of $212.19.

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

NVIDIA Dividend Announcement

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

Insider Buying and Selling

In other news, EVP Debora Shoquist sold 80,000 shares of the business’s stock in a transaction on Tuesday, December 9th. The shares were sold at an average price of $184.65, for a total value of $14,772,000.00. Following the completion of the sale, the executive vice president directly owned 1,574,443 shares in the company, valued at approximately $290,720,899.95. The trade was a 4.84% decrease in their ownership of the stock. The sale was disclosed in a filing with the Securities & Exchange Commission, which can be accessed through this hyperlink. Also, Director Mark A. Stevens sold 350,000 shares of NVIDIA stock in a transaction on Friday, December 5th. The stock was sold at an average price of $181.73, for a total transaction of $63,605,500.00. Following the completion of the transaction, the director owned 7,049,803 shares in the company, valued at $1,281,160,699.19. This trade represents a 4.73% decrease in their position. The SEC filing for this sale provides additional information. Insiders have sold 2,088,974 shares of company stock valued at $382,662,167 in the last three months. 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.