Convergence Investment Partners LLC Purchases 3,556 Shares of NVIDIA Corporation $NVDA

Convergence Investment Partners LLC raised its position in NVIDIA Corporation (NASDAQ:NVDA) by 4.8% in the third quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission (SEC). The fund owned 78,361 shares of the computer hardware maker’s stock after acquiring an additional 3,556 shares during the quarter. NVIDIA makes up about 3.3% of Convergence Investment Partners LLC’s investment portfolio, making the stock its largest holding. Convergence Investment Partners LLC’s holdings in NVIDIA were worth $14,621,000 at the end of the most recent reporting period.

Several other institutional investors also recently modified their holdings of the company. State Street Corp raised its stake in NVIDIA by 1.0% in the second quarter. State Street Corp now owns 978,208,862 shares of the computer hardware maker’s stock valued at $154,556,803,000 after buying an additional 9,554,857 shares during the period. Geode Capital Management LLC raised its stake 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 period. Norges Bank acquired a new stake in NVIDIA during the 2nd quarter valued at $51,386,863,000. Legal & General Group Plc lifted its holdings in NVIDIA by 1.5% during the 2nd quarter. Legal & General Group Plc now owns 178,593,475 shares of the computer hardware maker’s stock valued at $28,215,983,000 after purchasing an additional 2,623,678 shares during the last quarter. Finally, Charles Schwab Investment Management Inc. boosted its position 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 purchasing an additional 4,209,423 shares during the period. 65.27% of the stock is currently owned by institutional investors and hedge funds.

NVIDIA Trading Up 0.7%

Shares of NVDA stock opened at $192.85 on Wednesday. The stock has a market cap of $4.69 trillion, a P/E ratio of 47.85, a price-to-earnings-growth ratio of 0.58 and a beta of 2.31. NVIDIA Corporation has a 1 year low of $86.62 and a 1 year high of $212.19. The company has a current ratio of 4.47, a quick ratio of 3.71 and a debt-to-equity ratio of 0.06. The stock has a 50 day simple moving average of $185.80 and a 200 day simple moving average of $183.80.

Wall Street Analysts Forecast Growth

Several equities analysts have recently weighed in on NVDA shares. Wedbush reissued an “outperform” rating and issued a $230.00 price objective on shares of NVIDIA in a research report on Monday. Loop Capital increased their price target on shares of NVIDIA from $250.00 to $350.00 and gave the company a “buy” rating in a report on Monday, November 3rd. Citigroup restated a “buy” rating on shares of NVIDIA in a report on Monday, December 29th. Citic Securities upped their target price on NVIDIA from $237.00 to $242.00 and gave the company a “buy” rating in a research report on Thursday, November 20th. Finally, DZ Bank reissued a “buy” rating on shares of NVIDIA in a report on Thursday, November 20th. Three research analysts have rated the stock with a Strong Buy rating, forty-seven have given a Buy rating and two have issued a Hold rating to the company’s stock. According to data from MarketBeat.com, the stock presently has a consensus rating of “Buy” and a consensus target price of $267.50.

Key Stories Impacting NVIDIA

Here are the key news stories impacting NVIDIA this week:

• Positive Sentiment: Wall Street expects massive Q4 revenue (street chatter ~ $65B / ~68% YoY) — that optimism is supporting the rally. Why is Nvidia stock soaring
• Positive Sentiment: Analysts and brokers have reiterated buy/outperform ratings and higher targets ahead of results (Wedbush, Truist, DA Davidson, KeyCorp coverage), supporting demand. Wedbush and Truist reiterate buy
• Positive Sentiment: Sector tailwind — the semiconductor index is near record highs and a broad market rally ahead of NVDA earnings is lifting the stock. Semis Hit Highs Before NVIDIA
• Positive Sentiment: New enterprise wins/partnerships (Akamai integration for critical-infrastructure cybersecurity using NVIDIA BlueField DPUs) expand enterprise TAM beyond GPUs. Akamai and NVIDIA launch solution
• Positive Sentiment: Corporate returns: Nvidia is scheduled to pay a dividend next month — a small but supportive sign for income-focused holders. Dividend announcement
• Neutral Sentiment: Heavy options/derivatives activity: traders are positioning for a big post-earnings move, increasing intraday volatility even if fundamentals meet expectations. Options strategies ahead of earnings
• Neutral Sentiment: AI infrastructure rotation: suppliers and fiber/optical plays (e.g., Corning) are rallying, which underpins long-term datacenter demand for NVIDIA chips but shifts some capital away from pure-chip names. Corning pivot to AI infrastructure
• Negative Sentiment: Export-control / China risk: U.S. officials say H200 chips have not been shipped to China — short-term revenue exposure and regulatory scrutiny remain a risk. China H200 shipment update
• Negative Sentiment: Compliance and reputational risk: reports that a Chinese startup trained a model on NVIDIA’s best chip despite bans raise enforcement and policy uncertainty. DeepSeek trained on Blackwell despite ban
• Negative Sentiment: Competitive pressure and ASIC fears: hyperscalers pursuing custom chips and broader AI-chip competition (Google, in-house ASICs) are a recurring concern that could temper long-term margin/growth expectations. AI competition & risks

Insider Buying and Selling

In related news, Director Mark A. Stevens sold 222,500 shares of the business’s stock in a transaction dated Friday, December 19th. The stock was 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 of the company’s stock, valued at $1,373,157,187.01. The trade was a 2.84% decrease in their ownership of the stock. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is available through this link. Also, Director Harvey C. Jones sold 250,000 shares of the stock in a transaction dated 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 sale, the director owned 6,933,280 shares in the company, valued at $1,229,478,542.40. The trade was a 3.48% decrease in their ownership of the stock. Additional details regarding this sale are available in the official SEC disclosure. In the last quarter, insiders have sold 1,610,848 shares of company stock valued at $291,619,375. 4.17% of the stock is owned by 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.