NVIDIA Corporation $NVDA Shares Bought by D.B. Root & Company LLC

D.B. Root & Company LLC raised its stake in NVIDIA Corporation (NASDAQ:NVDAFree Report) by 11.3% during the 3rd quarter, according to its most recent filing with the Securities and Exchange Commission. The fund owned 27,934 shares of the computer hardware maker’s stock after purchasing an additional 2,839 shares during the quarter. NVIDIA accounts for 1.3% of D.B. Root & Company LLC’s investment portfolio, making the stock its 16th biggest holding. D.B. Root & Company LLC’s holdings in NVIDIA were worth $5,212,000 as of its most recent filing with the Securities and Exchange Commission.

Several other large investors have also modified their holdings of the stock. State Street Corp lifted its stake in shares of NVIDIA by 1.0% in 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 period. Geode Capital Management LLC raised its holdings in 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 in the last quarter. Norges Bank acquired a new stake in NVIDIA in the second quarter valued at about $51,386,863,000. Legal & General Group Plc boosted its holdings 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 valued at $28,215,983,000 after purchasing an additional 2,623,678 shares in the last quarter. Finally, Charles Schwab Investment Management Inc. increased its position in NVIDIA by 2.8% during the 2nd 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. Hedge funds and other institutional investors own 65.27% of the company’s stock.

Wall Street Analyst Weigh In

Several analysts have recently commented on NVDA shares. Robert W. Baird raised their price target on NVIDIA from $275.00 to $300.00 and gave the company an “outperform” rating in a report on Thursday, February 26th. Royal Bank Of Canada increased their price objective on NVIDIA from $240.00 to $250.00 and gave the stock an “outperform” rating in a research report on Thursday, February 26th. Wells Fargo & Company restated an “overweight” rating on shares of NVIDIA in a research report on Monday, December 29th. Oppenheimer reaffirmed an “outperform” rating and set a $265.00 price target on shares of NVIDIA in a research note on Thursday, February 26th. Finally, Raymond James Financial reiterated a “strong-buy” rating on shares of NVIDIA in a research note on Tuesday, January 6th. Four analysts have rated the stock with a Strong Buy rating, forty-seven have assigned a Buy rating and two have assigned a Hold rating to the stock. According to data from MarketBeat.com, the company currently has an average rating of “Buy” and an average target price of $273.41.

View Our Latest Analysis on NVIDIA

NVIDIA Price Performance

Shares of NASDAQ NVDA opened at $183.04 on Thursday. The company has a current ratio of 3.91, a quick ratio of 3.24 and a debt-to-equity ratio of 0.05. The company’s 50-day moving average price is $186.12 and its 200 day moving average price is $183.87. NVIDIA Corporation has a 52 week low of $86.62 and a 52 week high of $212.19. The stock has a market cap of $4.45 trillion, a price-to-earnings ratio of 37.36, a PEG ratio of 0.61 and a beta of 2.33.

NVIDIA (NASDAQ:NVDAGet Free Report) last announced its quarterly earnings results on Wednesday, February 25th. The computer hardware maker reported $1.62 earnings per share (EPS) for the quarter, beating the consensus estimate of $1.54 by $0.08. The company had revenue of $68.13 billion for the quarter, compared to the consensus estimate of $65.56 billion. NVIDIA had a net margin of 55.60% and a return on equity of 97.37%. The company’s revenue for the quarter was up 73.2% compared to the same quarter last year. During the same quarter in the prior year, the firm earned $0.89 earnings per share. As a group, research analysts forecast that NVIDIA Corporation will post 2.77 earnings per share for the current fiscal year.

NVIDIA Dividend Announcement

The business also recently disclosed a quarterly dividend, which will be paid on Wednesday, April 1st. Stockholders of record on Wednesday, March 11th will be given a $0.01 dividend. This represents a $0.04 annualized dividend and a dividend yield of 0.0%. The ex-dividend date is Wednesday, March 11th. NVIDIA’s dividend payout ratio is currently 0.82%.

Insider Buying and Selling

In other news, CFO Colette Kress sold 20,000 shares of the business’s stock in a transaction that occurred on Wednesday, February 4th. The shares were sold at an average price of $175.72, for a total value of $3,514,400.00. Following the completion of the transaction, the chief financial officer owned 93,060 shares of the company’s stock, valued at $16,352,503.20. The trade was a 17.69% decrease in their ownership of the stock. The transaction was disclosed in a filing with the SEC, which is available at the SEC website. Also, Director Mark A. Stevens sold 222,500 shares of the company’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 transaction of $40,087,825.00. Following the transaction, the director directly owned 7,621,453 shares in the company, valued at $1,373,157,187.01. The trade was a 2.84% decrease in their position. The SEC filing for this sale provides additional information. In the last 90 days, insiders have sold 1,598,120 shares of company stock worth $289,278,314. 4.17% of the stock is owned by company insiders.

NVIDIA News Summary

Here are the key news stories impacting NVIDIA this week:

  • Positive Sentiment: Large inference demand validated — Akamai announced deployments of thousands of NVIDIA Blackwell GPUs to power distributed AI inference, signaling durable enterprise demand for NVIDIA’s inference stack. Akamai to Deploy Thousands of NVIDIA Blackwell GPUs
  • Positive Sentiment: Inference shift highlighted by ecosystem deals — Partners and cloud specialists (e.g., CoreWeave/Perplexity) are closing large inference-focused contracts, which increases recurring, high‑utilization GPU demand that benefits NVIDIA’s hardware and software ecosystem. CoreWeave Deal Signals Inference Market
  • Positive Sentiment: Wall Street backing and higher price targets — Several broker notes and upgrades (including a notable Wedbush hike) have pushed bullish analyst sentiment and bigger multi‑quarter price targets, supporting upside expectations. Wedbush Raises NVDA Price Target to $300
  • Neutral Sentiment: CEO signals end to large private stakes in OpenAI/Anthropic — Jensen Huang said the recent ~$30B OpenAI investment “might be the last” and that a $100B stake is unlikely as OpenAI prepares to IPO; that changes the path to future strategic ownership but reduces ambiguity around large private commitments. Reuters: Nvidia will not be able to invest $100 billion in OpenAI
  • Negative Sentiment: Market remains wary despite blowout quarter — NVDA reported blockbuster results in late February, but the stock has struggled to clear near‑term resistance and some traders view the post‑earnings pullback and rotation into specialized inference clouds as signs of profit‑taking and higher short‑term volatility. 247WallSt: Blowout earnings weren’t enough to fuel an NVIDIA breakout

NVIDIA Profile

(Free Report)

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.

See Also

Institutional Ownership by Quarter for NVIDIA (NASDAQ:NVDA)

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