NVIDIA Corporation $NVDA Shares Sold by Covenant Partners LLC

Covenant Partners LLC reduced its stake in NVIDIA Corporation (NASDAQ:NVDA) by 11.5% during the 3rd quarter, according to its most recent Form 13F filing with the Securities & Exchange Commission. The institutional investor owned 26,274 shares of the computer hardware maker’s stock after selling 3,400 shares during the quarter. NVIDIA comprises approximately 1.4% of Covenant Partners LLC’s portfolio, making the stock its 9th biggest holding. Covenant Partners LLC’s holdings in NVIDIA were worth $4,902,000 as of its most recent filing with the Securities & Exchange Commission.

A number of other hedge funds and other institutional investors have also recently added to or reduced their stakes in NVDA. State Street Corp boosted its position in NVIDIA by 1.0% during the second quarter. State Street Corp now owns 978,208,862 shares of the computer hardware maker’s stock worth $154,556,803,000 after acquiring an additional 9,554,857 shares during the last quarter. Geode Capital Management LLC raised its holdings 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 acquiring an additional 8,521,936 shares during the last quarter. Norges Bank purchased a new position in shares of NVIDIA during the 2nd quarter worth $51,386,863,000. Legal & General Group Plc boosted its holdings in shares of NVIDIA by 1.5% during the second quarter. Legal & General Group Plc now owns 178,593,475 shares of the computer hardware maker’s stock worth $28,215,983,000 after purchasing an additional 2,623,678 shares during the last quarter. Finally, Charles Schwab Investment Management Inc. grew its position in shares of NVIDIA by 2.8% in the second quarter. Charles Schwab Investment Management Inc. now owns 155,668,775 shares of the computer hardware maker’s stock valued at $24,594,110,000 after purchasing an additional 4,209,423 shares during the period. Hedge funds and other institutional investors own 65.27% of the company’s stock.

Analyst Ratings Changes

Several equities analysts recently weighed in on the company. Truist Financial reiterated a “buy” rating and set a $275.00 target price on shares of NVIDIA in a research report on Monday, December 29th. Sanford C. Bernstein reissued a “buy” rating on shares of NVIDIA in a research report on Tuesday, January 6th. Wolfe Research boosted their target price on shares of NVIDIA from $230.00 to $250.00 and gave the company an “outperform” rating in a report on Thursday, November 20th. Barclays increased their price target on shares of NVIDIA from $240.00 to $275.00 and gave the stock an “overweight” rating in a research note on Thursday, November 20th. Finally, Needham & Company LLC reissued a “buy” rating and set a $240.00 price objective on shares of NVIDIA in a research note on Thursday, November 20th. Four investment analysts have rated the stock with a Strong Buy rating, forty-seven have issued a Buy rating and two have given a Hold rating to the company. According to MarketBeat, the company has an average rating of “Buy” and an average price target of $263.41.

Insider Activity at NVIDIA

In related news, Director Mark A. Stevens sold 222,500 shares of NVIDIA stock in a transaction on Friday, December 19th. The shares were sold at an average price of $180.17, for a total transaction of $40,087,825.00. Following the sale, the director owned 7,621,453 shares of the company’s stock, valued at $1,373,157,187.01. The trade was a 2.84% decrease in their position. The transaction was disclosed in a filing with the SEC, which is accessible through the SEC website. Also, Director Harvey C. Jones sold 250,000 shares of the business’s stock in a transaction on Monday, December 15th. The stock was sold at an average price of $177.33, for a total transaction of $44,332,500.00. Following the completion of the transaction, the director owned 6,933,280 shares in the company, valued at $1,229,478,542.40. This represents a 3.48% decrease in their position. Additional details regarding this sale are available in the official SEC disclosure. Over the last three months, insiders have sold 1,611,474 shares of company stock valued at $293,285,232. 4.17% of the stock is currently owned by corporate insiders.

NVIDIA Stock Up 1.1%

Shares of NASDAQ NVDA opened at $188.52 on Wednesday. The stock has a fifty day moving average price of $183.52 and a 200 day moving average price of $182.14. The company has a current ratio of 4.47, a quick ratio of 3.71 and a debt-to-equity ratio of 0.06. NVIDIA Corporation has a 12-month low of $86.62 and a 12-month high of $212.19. The company has a market cap of $4.58 trillion, a P/E ratio of 46.78, a P/E/G ratio of 0.91 and a beta of 2.31.

NVIDIA (NASDAQ:NVDA) last issued its earnings results on Wednesday, November 19th. The computer hardware maker reported $1.30 earnings per share 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 during the quarter, compared to the consensus estimate of $54.66 billion. During the same quarter in the prior year, the business earned $0.81 earnings per share. The company’s revenue was up 62.5% compared to the same quarter last year. Research analysts anticipate that NVIDIA Corporation will post 2.77 EPS for the current fiscal year.

NVIDIA Announces Dividend

The company also recently disclosed a quarterly dividend, which was paid on Friday, December 26th. Shareholders of record on Thursday, December 4th were given a $0.01 dividend. The ex-dividend date of this dividend was Thursday, December 4th. This represents a $0.04 annualized dividend and a yield of 0.0%. NVIDIA’s dividend payout ratio (DPR) is 0.99%.

Trending Headlines about 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

About NVIDIA

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.