Conning Inc. Has $23.54 Million Stock Holdings in NVIDIA Corporation $NVDA

Conning Inc. trimmed its stake in shares of NVIDIA Corporation (NASDAQ:NVDA) by 12.9% in the first quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The firm owned 134,952 shares of the computer hardware maker’s stock after selling 20,024 shares during the quarter. Conning Inc.’s holdings in NVIDIA were worth $23,536,000 at the end of the most recent reporting period.

Several other institutional investors and hedge funds have also recently modified their holdings of the stock. Presidio Capital Management LLC boosted its holdings in shares of NVIDIA by 0.4% during the fourth quarter. Presidio Capital Management LLC now owns 15,137 shares of the computer hardware maker’s stock worth $2,823,000 after acquiring an additional 53 shares during the period. LMG Wealth Partners LLC grew its position in shares of NVIDIA by 0.7% in the fourth quarter. LMG Wealth Partners LLC now owns 7,649 shares of the computer hardware maker’s stock valued at $1,427,000 after purchasing an additional 53 shares during the last quarter. Vision Financial Markets LLC increased its stake in shares of NVIDIA by 1.2% during the third quarter. Vision Financial Markets LLC now owns 4,640 shares of the computer hardware maker’s stock worth $866,000 after purchasing an additional 53 shares during the period. JGP Global Gestao de Recursos Ltda. increased its stake in shares of NVIDIA by 2.3% during the fourth quarter. JGP Global Gestao de Recursos Ltda. now owns 2,402 shares of the computer hardware maker’s stock worth $448,000 after purchasing an additional 55 shares during the period. Finally, Penobscot Wealth Management lifted its holdings in NVIDIA by 0.7% during the 1st quarter. Penobscot Wealth Management now owns 7,930 shares of the computer hardware maker’s stock worth $1,383,000 after purchasing an additional 55 shares during the last quarter. 65.27% of the stock is currently owned by institutional investors and hedge funds.

Insider Buying and Selling at NVIDIA

In other NVIDIA news, Director Stephen C. Neal sold 15,500 shares of the firm’s stock in a transaction dated Wednesday, June 3rd. The shares were sold at an average price of $215.73, for a total value of $3,343,815.00. Following the transaction, the director directly owned 116,135 shares of the company’s stock, valued at $25,053,803.55. This trade represents a 11.77% decrease in their position. The transaction was disclosed in a filing with the Securities & Exchange Commission, which can be accessed through the SEC website. Also, Director Mark A. Stevens sold 885,000 shares of the company’s stock in a transaction that occurred on Thursday, June 18th. The stock was sold at an average price of $210.17, for a total transaction of $186,000,450.00. Following the sale, the director directly owned 5,207,271 shares of the company’s stock, valued at approximately $1,094,412,146.07. This trade represents a 14.53% decrease in their position. Additional details regarding this sale are available in the official SEC disclosure. Insiders have sold a total of 1,901,125 shares of company stock valued at $410,583,015 in the last ninety days. 3.94% of the stock is currently owned by company insiders.

Key Headlines Impacting NVIDIA

Here are the key news stories impacting NVIDIA this week:

• Positive Sentiment: NVIDIA disclosed that its next-generation Rubin AI chips are shipping to customers and that production is underway, reinforcing confidence that the company’s roadmap remains on schedule and competitive versus rivals like AMD and Broadcom. Nvidia Says Rubin AI Chips Are Shipping
• Positive Sentiment: The company also unveiled an expansion of its Agent Toolkit with Omniverse libraries, aimed at helping developers build simulation-ready “physical AI” applications for robotics, factories, and autonomous systems. That strengthens NVIDIA’s software ecosystem and could support longer-term demand for its hardware and platforms. NVIDIA Agent Toolkit Expands With New Omniverse Libraries
• Positive Sentiment: Investor sentiment was also helped by NVIDIA’s 9.3% stake in Nebius, which signals deeper involvement in AI cloud infrastructure and sparked a broad AI-infrastructure rally that reflects continued confidence in NVIDIA’s influence across the sector. Nebius stock surges as Nvidia discloses 9.3% stake in neocloud
• Neutral Sentiment: Wall Street commentary remains broadly constructive, with several pieces highlighting NVIDIA as a key AI growth name and a possible leader during earnings season, but these are mostly sentiment drivers rather than new fundamentals. Why Nvidia Stock Can ‘Lead the Charge’ This Earnings Season
• Neutral Sentiment: Some articles noted that other AI memory and infrastructure names have been outperforming NVIDIA lately, which is a reminder that the AI trade is broadening beyond NVDA even as it remains a core beneficiary. NVIDIA Isn’t Leading AI Stocks in 2026 – These 2 Are Up Over 180%

NVIDIA Price Performance

Shares of NASDAQ NVDA opened at $207.29 on Wednesday. The business has a fifty day moving average price of $209.04 and a two-hundred day moving average price of $195.41. The stock has a market capitalization of $5.02 trillion, a PE ratio of 31.74, a P/E/G ratio of 0.45 and a beta of 2.21. The company has a debt-to-equity ratio of 0.04, a current ratio of 3.44 and a quick ratio of 2.85. NVIDIA Corporation has a fifty-two week low of $164.07 and a fifty-two week high of $236.54.

NVIDIA (NASDAQ:NVDA) last released its earnings results on Wednesday, May 20th. The computer hardware maker reported $1.87 earnings per share (EPS) for the quarter, topping the consensus estimate of $1.76 by $0.11. NVIDIA had a return on equity of 96.94% and a net margin of 62.97%.The company had revenue of $81.61 billion for the quarter, compared to analyst estimates of $78.42 billion. During the same period in the prior year, the firm posted $0.81 EPS. NVIDIA’s quarterly revenue was up 85.2% on a year-over-year basis. As a group, equities analysts predict that NVIDIA Corporation will post 8.79 earnings per share for the current fiscal year.

NVIDIA declared that its Board of Directors has initiated a stock buyback plan on Wednesday, May 20th that allows the company to repurchase $80.00 billion in outstanding shares. This repurchase authorization allows the computer hardware maker to buy up to 1.5% of its stock through open market purchases. Stock repurchase plans are often an indication that the company’s board believes its stock is undervalued.

NVIDIA Increases Dividend

The company also recently disclosed a quarterly dividend, which was paid on Friday, June 26th. Shareholders of record on Thursday, June 4th were paid a dividend of $0.25 per share. The ex-dividend date was Thursday, June 4th. This is a positive change from NVIDIA’s previous quarterly dividend of $0.01. This represents a $1.00 dividend on an annualized basis and a yield of 0.5%. NVIDIA’s dividend payout ratio is currently 15.31%.

Analyst Ratings Changes

Several analysts recently issued reports on the company. TD Cowen restated a “buy” rating and issued a $275.00 price target (up from $235.00) on shares of NVIDIA in a research note on Friday, May 15th. Cantor Fitzgerald reissued an “overweight” rating and set a $350.00 target price on shares of NVIDIA in a report on Thursday, May 21st. Truist Financial boosted their target price on shares of NVIDIA from $287.00 to $307.00 and gave the company a “buy” rating in a research report on Thursday, May 21st. Wall Street Zen downgraded shares of NVIDIA from a “strong-buy” rating to a “buy” rating in a research note on Saturday, July 4th. Finally, Argus raised their price target on shares of NVIDIA from $220.00 to $270.00 and gave the stock a “buy” rating in a research report on Thursday, May 21st. Two investment analysts have rated the stock with a Strong Buy rating, forty-eight have issued a Buy rating and three have given a Hold rating to the stock. According to data from MarketBeat.com, NVIDIA currently has an average rating of “Moderate Buy” and a consensus target price of $304.26.

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.