Chokshi & Queen Wealth Advisors Inc Has $9.67 Million Stock Holdings in NVIDIA Corporation $NVDA

Chokshi & Queen Wealth Advisors Inc trimmed its position in shares of NVIDIA Corporation (NASDAQ:NVDA) by 21.3% during the 3rd quarter, according to its most recent 13F filing with the Securities and Exchange Commission. The fund owned 51,848 shares of the computer hardware maker’s stock after selling 14,035 shares during the period. NVIDIA comprises 5.1% of Chokshi & Queen Wealth Advisors Inc’s holdings, making the stock its 5th biggest holding. Chokshi & Queen Wealth Advisors Inc’s holdings in NVIDIA were worth $9,674,000 at the end of the most recent quarter.

Several other institutional investors have also added to or reduced their stakes in the company. 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 valued at $154,556,803,000 after acquiring an additional 9,554,857 shares during the period. 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 worth $91,150,170,000 after purchasing an additional 8,521,936 shares during the last quarter. Kingstone Capital Partners Texas LLC boosted its stake in shares of NVIDIA by 267,959.7% during the second quarter. Kingstone Capital Partners Texas LLC now owns 382,373,765 shares of the computer hardware maker’s stock valued at $64,976,521,000 after purchasing an additional 382,231,120 shares during the period. Norges Bank bought a new position in shares of NVIDIA in the second quarter worth about $51,386,863,000. Finally, Legal & General Group Plc increased its stake in NVIDIA by 1.5% in the 2nd 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. Institutional investors own 65.27% of the company’s stock.

Wall Street Analyst Weigh In

NVDA has been the subject of a number of research analyst reports. DA Davidson reiterated a “buy” rating and set a $250.00 price objective on shares of NVIDIA in a report on Thursday, November 20th. Argus reaffirmed a “buy” rating and set a $220.00 price target on shares of NVIDIA in a research note on Thursday, November 20th. DZ Bank reissued a “buy” rating on shares of NVIDIA in a research note on Thursday, November 20th. The Goldman Sachs Group restated a “buy” rating and set a $240.00 price objective (up from $210.00) on shares of NVIDIA in a report on Friday, October 31st. Finally, Deutsche Bank Aktiengesellschaft upped their target price on NVIDIA from $180.00 to $215.00 and gave the stock a “hold” rating in a report on Thursday, November 20th. Four research 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. Based on data from MarketBeat.com, the company has an average rating of “Buy” and an average price target of $263.41.

Insider Activity at NVIDIA

In other NVIDIA 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 transaction of $40,087,825.00. Following the sale, the director owned 7,621,453 shares in the company, valued at approximately $1,373,157,187.01. The trade was a 2.84% decrease in their position. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which can be accessed through the SEC website. Also, Director Harvey C. Jones sold 250,000 shares of the stock in a transaction dated Monday, December 15th. The shares were sold at an average price of $177.33, for a total value of $44,332,500.00. Following the completion of the transaction, the director directly owned 6,933,280 shares in the company, valued at $1,229,478,542.40. This represents a 3.48% decrease in their ownership of the stock. The disclosure for this sale is available in the SEC filing. Insiders have sold a total of 1,661,474 shares of company stock worth $303,251,232 in the last quarter. 4.17% of the stock is owned by insiders.

Trending Headlines about NVIDIA

Here are the key news stories impacting NVIDIA this week:

• Positive Sentiment: Reports say Chinese regulators have signaled that large companies (including Alibaba) can prepare to order NVIDIA’s H200 GPUs, which would reopen a huge addressable market and explain the stock lift. Nvidia may have picked up a win in China. So why isn’t the stock surging?
• Positive Sentiment: NVIDIA invested $150 million in Baseten, a startup focused on AI inference — a strategic bet to strengthen its software/inference ecosystem and capture more of the AI stack beyond chips. NVIDIA (NVDA) Invests $150 million in Baseten
• Positive Sentiment: Jefferies raised its price target on NVDA (from $250 to $275) and JPMorgan reaffirmed a Buy — analyst backing supports investor confidence and limits downside from short-term noise. Jefferies Raises PT on NVIDIA JPMorgan Reaffirms Buy
• Neutral Sentiment: CEO Jensen Huang plans a China visit and has been publicly framing AI infrastructure as a long-term buildout (jobs/infrastructure narrative) — this can soothe relations but outcome depends on negotiations and approvals. Nvidia’s Huang to visit China as AI chip sales stall
• Negative Sentiment: Counterpoints: analysis flags a potential H200 China roadblock and warns that soaring memory (HBM) costs could squeeze NVIDIA’s margin/production dynamics — these are key risks that could cap upside even if China reopens. Nvidia: H200 China Roadblock And Soaring Memory Costs Threaten The Bull Case
• Negative Sentiment: Macro/structural shift: investors are rotating money into memory/storage names as HBM allocation tightness pushes up memory costs and reshapes supply chains — that rotation can weigh on NVDA multiple if capital flows away. Forget the Chips, Buy Memory: Why AI Money Is Moving to Storage

NVIDIA Stock Up 1.6%

NVDA stock opened at $187.81 on Friday. The firm has a 50 day moving average of $183.38 and a 200 day moving average of $181.53. The stock has a market capitalization of $4.56 trillion, a PE ratio of 46.60, a price-to-earnings-growth ratio of 0.90 and a beta of 2.31. The company has a quick ratio of 3.71, a current ratio of 4.47 and a debt-to-equity ratio of 0.06. NVIDIA Corporation has a 52 week low of $86.62 and a 52 week high of $212.19.

NVIDIA (NASDAQ:NVDA) last issued its quarterly earnings results on Wednesday, November 19th. The computer hardware maker reported $1.30 earnings per share (EPS) for the quarter, beating analysts’ consensus estimates of $1.23 by $0.07. The business had revenue of $57.01 billion for the quarter, compared to analyst estimates of $54.66 billion. NVIDIA had a net margin of 53.01% and a return on equity of 99.24%. NVIDIA’s revenue for the quarter was up 62.5% compared to the same quarter last year. During the same quarter in the prior year, the business posted $0.81 EPS. Sell-side analysts forecast that NVIDIA Corporation will post 2.77 earnings per share for the current year.

NVIDIA Dividend Announcement

The company also recently announced a quarterly dividend, which was paid on Friday, December 26th. Investors of record on Thursday, December 4th were paid a $0.01 dividend. 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 dividend payout ratio (DPR) is 0.99%.

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.