Legacy Wealth Asset Management LLC Sells 6,392 Shares of NVIDIA Corporation $NVDA

Legacy Wealth Asset Management LLC lowered its position in shares of NVIDIA Corporation (NASDAQ:NVDA) by 18.3% in the third quarter, according to the company in its most recent disclosure with the SEC. The firm owned 28,490 shares of the computer hardware maker’s stock after selling 6,392 shares during the quarter. NVIDIA accounts for about 1.3% of Legacy Wealth Asset Management LLC’s investment portfolio, making the stock its 9th biggest holding. Legacy Wealth Asset Management LLC’s holdings in NVIDIA were worth $5,316,000 at the end of the most recent reporting period.

Several other large investors have also recently bought and sold shares of NVDA. Websterrogers Financial Advisors LLC increased its position in shares of NVIDIA by 2.6% in the 3rd quarter. Websterrogers Financial Advisors LLC now owns 2,118 shares of the computer hardware maker’s stock valued at $395,000 after buying an additional 54 shares in the last quarter. Helen Stephens Group LLC lifted its holdings in NVIDIA by 3.9% during the third quarter. Helen Stephens Group LLC now owns 1,483 shares of the computer hardware maker’s stock worth $277,000 after acquiring an additional 56 shares in the last quarter. Morton Brown Family Wealth LLC grew its stake in NVIDIA by 1.5% in the second quarter. Morton Brown Family Wealth LLC now owns 3,928 shares of the computer hardware maker’s stock valued at $621,000 after acquiring an additional 58 shares during the period. Roof Eidam Maycock Peralta LLC increased its holdings in shares of NVIDIA by 0.3% in the second quarter. Roof Eidam Maycock Peralta LLC now owns 20,903 shares of the computer hardware maker’s stock worth $3,302,000 after acquiring an additional 58 shares in the last quarter. Finally, Alpha Wealth Funds LLC increased its holdings in shares of NVIDIA by 1.3% in the second quarter. Alpha Wealth Funds LLC now owns 4,634 shares of the computer hardware maker’s stock worth $732,000 after acquiring an additional 59 shares in the last quarter. Institutional investors own 65.27% of the company’s stock.

NVIDIA Trading Up 1.0%

NVIDIA stock opened at $190.53 on Friday. The company has a market cap of $4.63 trillion, a price-to-earnings ratio of 47.28, a P/E/G ratio of 0.93 and a beta of 2.29. The firm has a 50-day moving average of $186.12 and a 200-day moving average of $176.77. The company has a debt-to-equity ratio of 0.06, a current ratio of 4.47 and a quick ratio of 3.71. NVIDIA Corporation has a one year low of $86.62 and a one year high of $212.19.

NVIDIA (NASDAQ:NVDA) last released its earnings results on Wednesday, November 19th. The computer hardware maker reported $1.30 earnings per share (EPS) for the quarter, topping the consensus estimate of $1.23 by $0.07. NVIDIA had a return on equity of 99.24% and a net margin of 53.01%.The business had revenue of $57.01 billion for the quarter, compared to analyst estimates of $54.66 billion. During the same quarter in the prior year, the company posted $0.81 earnings per share. NVIDIA’s revenue was up 62.5% on a year-over-year basis. On average, equities analysts expect 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 was paid on Friday, December 26th. Stockholders of record on Thursday, December 4th were issued a $0.01 dividend. This represents a $0.04 annualized dividend 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%.

Trending Headlines about NVIDIA

Here are the key news stories impacting NVIDIA this week:

• Positive Sentiment: NVIDIA struck a ~ $20B agreement to license Groq’s inference technology and bring key Groq engineers into NVIDIA, which investors view as a fast way to close a latency/speed gap for inference workloads and extend NVIDIA’s moat. NVIDIA’s $20B Groq Deal Is a Warning Shot to AI Rivals
• Positive Sentiment: Multiple outlets and TV segments frame the Groq deal as market‑moving — coverage highlights the strategic urgency (speed for inference) and immediate market reaction, supporting the near‑term bullish case. Nvidia strikes $20 billion deal with Groq: Here’s what you need to know
• Positive Sentiment: Wall Street momentum: major firms reaffirmed/raised bullish ratings and price targets (e.g., $275 PTs reported), supporting further upside expectations as analysts bake the deal into 2026 modeling. Analyst price target reports
• Neutral Sentiment: Deal structure is non‑traditional — a non‑exclusive license plus talent hires (Groq stays independent) — which accelerates integration while aiming to avoid lengthy antitrust review; that reduces near‑term regulatory drag but leaves some legal/competitive ambiguity. Nvidia-Groq deal is structured to keep ‘fiction of competition alive’
• Positive Sentiment: Technical/strategic rationale: analysts and deep‑dive pieces argue Groq’s LPU/compiler tech can materially improve real‑time inference throughput and energy efficiency — a potential product advantage for cloud and robotics customers. Why Nvidia Needs Groq To Win The War Against Google’s TPUs
• Neutral Sentiment: Financing and cash use: while NVDA’s huge free cash flow can fund the deal, $20B is material — some analysts flag near‑term balance‑sheet and capital allocation questions (and one note argued “cash problem” risks). Monitor cash deployment and buyback/dividend policy. Nvidia Has A Cash Problem
• Negative Sentiment: Emerging competitive risk: a MarketBeat piece warns MetaX’s rapid IPO surge and other deep‑tech entrants could pose a meaningful long‑term threat to NVIDIA’s dominance into 2026 — worth tracking as rivals commercialize low‑latency stacks. Is MetaX a NVIDIA Threat—or Just Another DeepSeek Market Scare?

Analyst Ratings Changes

Several equities analysts have recently weighed in on the company. CICC Research lifted their price objective on NVIDIA from $200.00 to $228.00 and gave the company an “outperform” rating in a report on Friday, November 21st. Bank of America restated a “buy” rating and set a $275.00 target price on shares of NVIDIA in a report on Friday. DA Davidson reaffirmed a “buy” rating and issued a $250.00 price target on shares of NVIDIA in a research note on Thursday, November 20th. Arete Research increased their price objective on shares of NVIDIA from $244.00 to $261.00 and gave the stock a “buy” rating in a research report on Tuesday, November 25th. Finally, President Capital raised their price objective on shares of NVIDIA from $240.00 to $245.00 and gave the stock a “buy” rating in a report on Friday, November 28th. Five analysts have rated the stock with a Strong Buy rating, forty-five have given a Buy rating, two have issued a Hold rating and one has assigned a Sell rating to the company’s stock. Based on data from MarketBeat, the stock presently has a consensus rating of “Buy” and an average target price of $262.14.

Insider Activity

In other news, Director Harvey C. Jones sold 250,000 shares of NVIDIA 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 owned 6,933,280 shares of the company’s stock, valued at $1,229,478,542.40. This trade represents a 3.48% decrease in their position. The sale was disclosed in a legal filing with the SEC, which is available at this link. Also, Director Mark A. Stevens sold 350,000 shares of the business’s stock in a transaction dated Friday, December 5th. The stock was sold at an average price of $181.73, for a total transaction of $63,605,500.00. Following the transaction, the director owned 7,049,803 shares in the company, valued at $1,281,160,699.19. This represents a 4.73% decrease in their ownership of the stock. The disclosure for this sale is available in the SEC filing. Insiders sold a total of 2,161,474 shares of company stock valued at $396,157,992 over the last three months. Corporate insiders own 4.17% of the company’s stock.

NVIDIA 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.