Harvey Capital Management Inc. Has $79.81 Million Stock Position in NVIDIA Corporation $NVDA

Harvey Capital Management Inc. lowered its holdings in NVIDIA Corporation (NASDAQ:NVDA) by 12.4% in the 3rd quarter, according to the company in its most recent filing with the Securities and Exchange Commission. The firm owned 427,731 shares of the computer hardware maker’s stock after selling 60,315 shares during the quarter. NVIDIA comprises approximately 17.0% of Harvey Capital Management Inc.’s investment portfolio, making the stock its largest holding. Harvey Capital Management Inc.’s holdings in NVIDIA were worth $79,806,000 at the end of the most recent quarter.

Several other hedge funds and other institutional investors also recently made changes to their positions in NVDA. Norges Bank bought a new position in shares of NVIDIA in the second quarter valued at approximately $51,386,863,000. Laurel Wealth Advisors LLC raised its position in 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 valued at $3,454,534,000 after buying an additional 21,725,326 shares during the last quarter. Massachusetts Financial Services Co. MA lifted its stake in NVIDIA by 25.0% during the 3rd quarter. Massachusetts Financial Services Co. MA now owns 71,720,593 shares of the computer hardware maker’s stock valued at $13,381,628,000 after acquiring an additional 14,358,048 shares in the last quarter. State Street Corp boosted its holdings in NVIDIA by 1.0% during the 2nd 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. Finally, Geode Capital Management LLC lifted its position in shares of NVIDIA by 1.5% during the second 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 in the last quarter. 65.27% of the stock is owned by institutional investors.

NVIDIA Trading Down 2.2%

Shares of NVDA opened at $182.85 on Tuesday. NVIDIA Corporation has a fifty-two week low of $86.62 and a fifty-two week high of $212.19. The business has a 50-day moving average of $184.67 and a 200 day moving average of $183.38. The firm has a market cap of $4.44 trillion, a P/E ratio of 45.37, a price-to-earnings-growth ratio of 0.56 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 posted its quarterly earnings results on Wednesday, November 19th. The computer hardware maker reported $1.30 earnings per share (EPS) for the quarter, beating the consensus estimate of $1.23 by $0.07. NVIDIA had a net margin of 53.01% and a return on equity of 99.24%. The company had revenue of $57.01 billion for the quarter, compared to analyst estimates of $54.66 billion. During the same quarter in the previous year, the firm posted $0.81 earnings per share. The company’s quarterly revenue was up 62.5% compared to the same quarter last year. As a group, research analysts forecast that NVIDIA Corporation will post 2.77 EPS for the current year.

NVIDIA Announces Dividend

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

Key Headlines Impacting NVIDIA

Here are the key news stories impacting NVIDIA this week:

• Positive Sentiment: Analysts remain highly bullish ahead of Q4 earnings, arguing catalysts (GTC developer conference, product updates) and institutional accumulation could drive further gains. NVIDIA Analysts Say Buy Ahead of Q4 Earnings, With Conviction
• Positive Sentiment: Third-party partners expanding ties with NVIDIA’s ecosystem (e.g., CoreWeave) signal stronger end-market adoption of NVIDIA GPUs and services. Analysts Reaffirm Buy on CoreWeave (CRWV) Following Expanded NVIDIA Partnership and Growth Plans
• Positive Sentiment: Major funds and hedge managers have been adding to NVDA or increasing exposure (recent filings and buys reported), which supports demand and provides a bid under the stock. Maverick Capital Boosts Nvidia Stake, Buying 843,025 Shares
• Neutral Sentiment: Coverage pieces rank NVDA among top AI investments and compare it favorably to peers (Broadcom, AMD) — useful context but not immediate stock-moving news. NVIDIA vs. Broadcom: Which AI Chip Stock Is the Better Buy Now?
• Neutral Sentiment: General investor guides and “best stocks” lists continue to feature NVDA due to long-term AI secular tailwinds; these boost sentiment but are lower-impact near-term. The Best Stocks to Invest $1,000 in Right Now
• Negative Sentiment: Concerns about big-tech capex slowing or not meeting expectations are resurfacing; analysts warn this could dent demand for AI infrastructure and pressure revenues if spending pulls back. Nvidia May Be At Risk As Big Tech Capex Concerns Mount
• Negative Sentiment: Company-level noise: CEO Jensen Huang has pulled out of the India AI summit, a ticketed event where visibility and customer/partner meetings could have mattered—investors may read this as a short-term negative signal. Nvidia CEO Pulls Out Of AI Event
• Negative Sentiment: Heavy insider selling reported in recent months is weighing on sentiment; visible insider exits can amplify profit-taking after NVDA’s big run. NVIDIA Stock (NVDA) Opinions on AI Chip Demand
• Negative Sentiment: Macro/competitive risk: analysts and commentators flag accelerating Chinese AI capabilities and geopolitical shifts that could pressure long-term pricing power and market share. China’s tech shock threatens the U.S. AI monopoly and is ‘just getting started’

Wall Street Analysts Forecast Growth

A number of equities research analysts have issued reports on the stock. Rosenblatt Securities upped their price objective on shares of NVIDIA from $240.00 to $245.00 and gave the stock a “buy” rating in a research report on Thursday, November 20th. Citigroup reaffirmed a “buy” rating on shares of NVIDIA in a report on Monday, December 29th. William Blair reiterated an “outperform” rating on shares of NVIDIA in a report on Tuesday, January 6th. Wolfe Research upped their price objective on NVIDIA from $250.00 to $275.00 and gave the company an “outperform” rating in a research note on Friday, January 30th. Finally, Tigress Financial reaffirmed a “strong-buy” rating and set a $350.00 target price (up from $280.00) on shares of NVIDIA in a research report on Thursday, December 18th. Four research analysts have rated the stock with a Strong Buy rating, forty-six have given a Buy rating and two have issued a Hold rating to the company’s stock. Based on data from MarketBeat, the stock currently has an average rating of “Buy” and an average price target of $264.20.

Insider Activity at NVIDIA

In related news, EVP Ajay K. Puri sold 200,000 shares of the company’s stock in a transaction that occurred on Wednesday, January 7th. The shares were sold at an average price of $187.82, for a total transaction of $37,564,000.00. Following the sale, the executive vice president owned 3,818,547 shares of the company’s stock, valued at approximately $717,199,497.54. This represents a 4.98% decrease in their position. The transaction was disclosed in a legal filing with the SEC, which is accessible through this hyperlink. Also, EVP Debora Shoquist sold 80,000 shares of the firm’s stock in a transaction on Thursday, December 11th. The shares were sold at an average price of $178.90, for a total transaction of $14,312,000.00. Following the completion of the transaction, the executive vice president directly owned 1,494,443 shares of the company’s stock, valued at approximately $267,355,852.70. The trade was a 5.08% decrease in their ownership of the stock. Additional details regarding this sale are available in the official SEC disclosure. Insiders have sold 1,611,474 shares of company stock valued at $291,731,692 in the last quarter. 4.17% of the stock is currently owned by company insiders.

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.