Smithbridge Asset Management Inc. DE Trims Stock Holdings in NVIDIA Corporation $NVDA

Smithbridge Asset Management Inc. DE lessened its position in NVIDIA Corporation (NASDAQ:NVDA) by 2.1% in the third quarter, according to the company in its most recent 13F filing with the Securities & Exchange Commission. The institutional investor owned 134,068 shares of the computer hardware maker’s stock after selling 2,890 shares during the period. NVIDIA accounts for about 3.6% of Smithbridge Asset Management Inc. DE’s portfolio, making the stock its 3rd biggest holding. Smithbridge Asset Management Inc. DE’s holdings in NVIDIA were worth $25,014,000 at the end of the most recent reporting period.

A number of other hedge funds have also recently made changes to their positions in the company. State Street Corp raised its position in shares of 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 lifted its position in shares of 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 worth $91,150,170,000 after purchasing an additional 8,521,936 shares during the period. Norges Bank bought a new stake in shares of NVIDIA in the 2nd quarter valued at $51,386,863,000. Legal & General Group Plc increased its position 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 buying an additional 2,623,678 shares during the period. Finally, Charles Schwab Investment Management Inc. raised its stake in NVIDIA by 2.8% during the second quarter. Charles Schwab Investment Management Inc. now owns 155,668,775 shares of the computer hardware maker’s stock worth $24,594,110,000 after buying an additional 4,209,423 shares during the last quarter. 65.27% of the stock is owned by institutional investors and hedge funds.

NVIDIA Price Performance

Shares of NVDA opened at $185.24 on Friday. NVIDIA Corporation has a 12-month low of $86.62 and a 12-month high of $212.19. The business’s fifty day moving average is $184.09 and its 200 day moving average is $182.73. The company has a quick ratio of 3.71, a current ratio of 4.47 and a debt-to-equity ratio of 0.06. The stock has a market cap of $4.50 trillion, a P/E ratio of 45.97, a P/E/G ratio of 0.53 and a beta of 2.31.

NVIDIA (NASDAQ:NVDA) last announced its quarterly earnings results on Wednesday, November 19th. The computer hardware maker reported $1.30 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 business had revenue of $57.01 billion during the quarter, compared to analyst estimates of $54.66 billion. During the same quarter in the previous year, the business posted $0.81 EPS. NVIDIA’s quarterly revenue was up 62.5% on a year-over-year basis. Sell-side analysts anticipate that NVIDIA Corporation will post 2.77 earnings per share for the current fiscal year.

NVIDIA Announces Dividend

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

Trending Headlines about NVIDIA

Here are the key news stories impacting NVIDIA this week:

• Positive Sentiment: Nvidia is reported to be committing about $20 billion to OpenAI, a high‑visibility strategic move that reinforces NVDA’s central role in the AI infrastructure ecosystem and likely supports further demand for its data‑center GPUs. Read More.
• Positive Sentiment: CEO Jensen Huang told CNBC that the industry’s ~$660 billion capex buildout for AI infrastructure is sustainable, and other coverage quotes him and customers saying demand is “through the roof” — comments that validate long‑term revenue visibility for NVDA’s chips. Read More.
• Positive Sentiment: Broad market and semiconductor sector rebounds lifted large-cap chips; NVDA, as the AI‑chip leader, led the rally as investors rotated back into tech after a recent sell‑off. Read More.
• Neutral Sentiment: Suppliers and industry players (e.g., Wistron) are signaling continued AI order growth and say AI is not a bubble — supportive industry context but not an immediate company‑specific catalyst. Read More.
• Neutral Sentiment: Wall‑street analysts remain largely positive and some firms are reiterating bullish ratings on NVDA, which underpins investor confidence but also keeps expectations high. Read More.
• Negative Sentiment: Company CFO Colette Kress sold sizeable blocks of NVDA shares (filed Form 4), which some investors interpret as a negative signal even though insider sales can be routine tax/planning moves. Read More.
• Negative Sentiment: Regulatory/export uncertainty around the H200 (China) export discussions remains unresolved in some reports — a potential headwind for growth in China if approvals are delayed or restricted. Read More.

Insider Buying and Selling

In other news, EVP Ajay K. Puri sold 200,000 shares of the stock in a transaction that occurred on Wednesday, January 21st. The stock was sold at an average price of $180.04, for a total value of $36,008,000.00. Following the completion of the sale, the executive vice president directly owned 3,618,547 shares of the company’s stock, valued at $651,483,201.88. This represents a 5.24% decrease in their ownership of the stock. The sale was disclosed in a document filed with the SEC, which is available through this hyperlink. Also, Director Mark A. Stevens sold 222,500 shares of the firm’s stock in a transaction that occurred on Friday, December 19th. The shares were sold at an average price of $180.17, for a total value of $40,087,825.00. Following the completion of the transaction, the director owned 7,621,453 shares in the company, valued at $1,373,157,187.01. This represents a 2.84% decrease in their position. Additional details regarding this sale are available in the official SEC disclosure. Over the last quarter, insiders sold 1,611,474 shares of company stock valued at $291,731,692. Company insiders own 4.17% of the company’s stock.

Wall Street Analyst Weigh In

A number of analysts have commented on NVDA shares. Evercore reaffirmed an “outperform” rating on shares of NVIDIA in a research report on Tuesday, January 6th. Susquehanna upped their target price on NVIDIA from $230.00 to $250.00 and gave the company a “positive” rating in a research report on Thursday, November 20th. DZ Bank reiterated a “buy” rating on shares of NVIDIA in a report on Thursday, November 20th. President Capital boosted their price target on NVIDIA from $240.00 to $245.00 and gave the company a “buy” rating in a research note on Friday, November 28th. Finally, Stifel Nicolaus set a $250.00 price objective on shares of NVIDIA in a research report on Thursday, January 8th. Four investment analysts have rated the stock with a Strong Buy rating, forty-six have assigned a Buy rating and two have issued a Hold rating to the company. According to data from MarketBeat.com, the stock has an average rating of “Buy” and a consensus target price of $263.98.

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.