Associated Banc Corp Cuts Holdings in NVIDIA Corporation $NVDA

Associated Banc Corp cut its stake in shares of NVIDIA Corporation (NASDAQ:NVDA) by 0.8% in the 3rd quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission. The fund owned 978,486 shares of the computer hardware maker’s stock after selling 8,149 shares during the quarter. NVIDIA makes up 4.8% of Associated Banc Corp’s portfolio, making the stock its 2nd largest holding. Associated Banc Corp’s holdings in NVIDIA were worth $182,566,000 as of its most recent filing with the Securities and Exchange Commission.

Other hedge funds have also made changes to their positions in the company. Norges Bank acquired a new position in shares of NVIDIA during the second quarter valued at $51,386,863,000. Laurel Wealth Advisors LLC increased its holdings in shares of NVIDIA by 15,496.1% in the 2nd quarter. Laurel Wealth Advisors LLC now owns 21,865,525 shares of the computer hardware maker’s stock worth $3,454,534,000 after acquiring an additional 21,725,326 shares during the period. State Street Corp lifted its position in NVIDIA by 1.0% in the 2nd quarter. State Street Corp now owns 978,208,862 shares of the computer hardware maker’s stock valued at $154,556,803,000 after purchasing an additional 9,554,857 shares during the last quarter. Geode Capital Management LLC lifted its position in NVIDIA by 1.5% in the 2nd quarter. Geode Capital Management LLC now owns 579,213,497 shares of the computer hardware maker’s stock valued at $91,150,170,000 after purchasing an additional 8,521,936 shares during the last quarter. Finally, California Public Employees Retirement System boosted its stake in NVIDIA by 10.7% during the 2nd quarter. California Public Employees Retirement System now owns 64,728,856 shares of the computer hardware maker’s stock valued at $10,226,512,000 after purchasing an additional 6,235,074 shares during the period. Institutional investors own 65.27% of the company’s stock.

Wall Street Analysts Forecast Growth

Several equities research analysts have commented on NVDA shares. Sanford C. Bernstein restated a “buy” rating on shares of NVIDIA in a research note on Tuesday, January 6th. KeyCorp raised their target price on NVIDIA from $250.00 to $275.00 and gave the company an “overweight” rating in a research report on Thursday, November 20th. Wall Street Zen upgraded NVIDIA from a “hold” rating to a “buy” rating in a research report on Sunday. President Capital increased their price target on NVIDIA from $240.00 to $245.00 and gave the stock a “buy” rating in a research note on Friday, November 28th. Finally, Hsbc Global Res upgraded shares of NVIDIA from a “hold” rating to a “strong-buy” rating in a research note on Wednesday, October 15th. Four research analysts have rated the stock with a Strong Buy rating, forty-seven have assigned a Buy rating and two have assigned a Hold rating to the company’s stock. According to data from MarketBeat, the stock presently has an average rating of “Buy” and a consensus target price of $263.41.

NVIDIA Price Performance

NASDAQ NVDA opened at $188.52 on Wednesday. The stock has a 50-day simple moving average of $183.52 and a 200 day simple moving average of $182.14. NVIDIA Corporation has a twelve month low of $86.62 and a twelve month high of $212.19. The stock has a market capitalization of $4.58 trillion, a PE ratio of 46.78, a P/E/G ratio of 0.91 and a beta of 2.31. 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 (NASDAQ:NVDA) last issued its quarterly earnings results on Wednesday, November 19th. The computer hardware maker reported $1.30 EPS for the quarter, topping the consensus estimate of $1.23 by $0.07. NVIDIA had a return on equity of 99.24% and a net margin of 53.01%.The company had revenue of $57.01 billion for the quarter, compared to the consensus estimate of $54.66 billion. During the same period in the previous year, the business posted $0.81 EPS. The company’s revenue for the quarter was up 62.5% on a year-over-year basis. Research analysts anticipate that NVIDIA Corporation will post 2.77 EPS for the current year.

NVIDIA Dividend Announcement

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

Insider Transactions at NVIDIA

In other news, Director Harvey C. Jones sold 250,000 shares of the business’s stock in a transaction dated Monday, December 15th. The shares were sold at an average price of $177.33, for a total transaction of $44,332,500.00. Following the transaction, the director owned 6,933,280 shares in the company, valued at approximately $1,229,478,542.40. The trade was a 3.48% decrease in their position. The transaction was disclosed in a document filed with the SEC, which can be accessed through the SEC website. Also, CFO Colette Kress sold 27,640 shares of the stock in a transaction dated Tuesday, January 13th. The shares were sold at an average price of $184.92, for a total transaction of $5,111,188.80. Following the completion of the sale, the chief financial officer owned 874,412 shares of the company’s stock, valued at approximately $161,696,267.04. The trade was a 3.06% decrease in their position. The disclosure for this sale is available in the SEC filing. Over the last quarter, insiders sold 1,611,474 shares of company stock worth $293,285,232. 4.17% of the stock is currently owned by insiders.

Key Headlines Impacting NVIDIA

Here are the key news stories impacting NVIDIA this week:

• Positive Sentiment: Nvidia agreed to a $2 billion strategic investment in CoreWeave to accelerate a multi‑GW AI data‑center build‑out — a direct vote of confidence in demand for Nvidia GPUs and software, and a move that helps secure deployment capacity for future GPU sales. Nvidia invests $2 billion in CoreWeave
• Positive Sentiment: Nvidia released open‑source AI weather models — boosts its software/ecosystem positioning, increases GPU utilization cases, and reinforces the company’s role beyond hardware into model and platform leadership. Nvidia unveils AI models for weather forecasts
• Positive Sentiment: Industry and analyst commentary remain supportive (including views that Nvidia is becoming TSMC’s largest customer), reinforcing the growth narrative tied to AI training demand and helping underpin multiples. Nvidia set to supplant Apple as TSMC’s top customer
• Neutral Sentiment: Microsoft’s Maia 200 launch (a cost‑efficient inference accelerator) could reduce some hyperscaler spend on third‑party inference hardware over time, but it mainly targets inference while Nvidia remains dominant for training — competitive dynamics are evolving but not yet decisive. Microsoft’s Maia 200: The Profit Engine AI Needs
• Neutral Sentiment: Broader tech earnings and macro events (Magnificent 7 reports, Fed meeting) are creating short‑term volatility that could swing NVDA intraday; these are market‑level catalysts rather than company‑specific. Magnificent 7 earnings season kicks off
• Negative Sentiment: Insider selling: an NVDA executive recently sold roughly $36M of stock, which can be read as a near‑term negative signal for sentiment even if not unusual among executives. Insider selling: NVIDIA EVP sells stock
• Negative Sentiment: Competitive pressure is increasing as hyperscalers (Microsoft, Google, AWS) push their own silicon and software stacks — this is a medium‑term risk to Nvidia’s premium pricing on certain inference workloads. Microsoft rolls out next generation of its AI chips

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.