Steinberganna Wealth Management purchased a new position in shares of NVIDIA Corporation (NASDAQ:NVDA – Free Report) in the 3rd quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission (SEC). The institutional investor purchased 23,594 shares of the computer hardware maker’s stock, valued at approximately $4,402,000. NVIDIA comprises 2.1% of Steinberganna Wealth Management’s investment portfolio, making the stock its 9th largest holding.
Other hedge funds also recently made changes to their positions in the company. BKM Wealth Management LLC grew its stake in shares of NVIDIA by 2.3% during the 3rd quarter. BKM Wealth Management LLC now owns 5,876 shares of the computer hardware maker’s stock valued at $1,096,000 after buying an additional 131 shares during the period. Trevian Wealth Management LLC boosted its holdings in NVIDIA by 32.2% in the third quarter. Trevian Wealth Management LLC now owns 4,560 shares of the computer hardware maker’s stock valued at $851,000 after acquiring an additional 1,110 shares during the last quarter. Steigerwald Gordon & Koch Inc. grew its position in NVIDIA by 3.2% during the third quarter. Steigerwald Gordon & Koch Inc. now owns 23,878 shares of the computer hardware maker’s stock valued at $4,455,000 after acquiring an additional 742 shares during the period. Granite Group Advisors LLC increased its stake in NVIDIA by 2.0% during the third quarter. Granite Group Advisors LLC now owns 5,239 shares of the computer hardware maker’s stock worth $977,000 after acquiring an additional 103 shares during the last quarter. Finally, tru Independence LLC raised its holdings in shares of NVIDIA by 10.0% in the 3rd quarter. tru Independence LLC now owns 4,617 shares of the computer hardware maker’s stock worth $861,000 after purchasing an additional 421 shares during the period. Institutional investors and hedge funds own 65.27% of the company’s stock.
Key Headlines Impacting 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
Analysts Set New Price Targets
View Our Latest Stock Analysis on NVIDIA
NVIDIA Stock Performance
NVDA stock opened at $187.81 on Friday. The company has a debt-to-equity ratio of 0.06, a quick ratio of 3.71 and a current ratio of 4.47. The stock’s fifty day moving average is $183.38 and its two-hundred day moving average is $181.68. The stock has a market capitalization of $4.56 trillion, a price-to-earnings ratio of 46.60, a PEG ratio of 0.92 and a beta of 2.31. NVIDIA Corporation has a 1 year low of $86.62 and a 1 year high of $212.19.
NVIDIA (NASDAQ:NVDA – Get Free Report) last released its quarterly 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 company had revenue of $57.01 billion during the quarter, compared to analysts’ expectations of $54.66 billion. During the same quarter in the prior year, the business posted $0.81 earnings per share. The company’s revenue for the quarter was up 62.5% compared to the same quarter last year. On average, research analysts predict that NVIDIA Corporation will post 2.77 EPS for the current year.
NVIDIA Dividend Announcement
The company also recently declared a quarterly dividend, which was paid on Friday, December 26th. Investors of record on Thursday, December 4th were given a $0.01 dividend. This represents a $0.04 annualized dividend and a dividend yield of 0.0%. The ex-dividend date was Thursday, December 4th. NVIDIA’s dividend payout ratio is 0.99%.
Insiders Place Their Bets
In other news, Director Harvey C. Jones sold 250,000 shares of the company’s stock in a transaction dated Monday, December 15th. The stock was sold at an average price of $177.33, for a total value of $44,332,500.00. Following the transaction, the director owned 6,933,280 shares in the company, valued at $1,229,478,542.40. This represents a 3.48% decrease in their position. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is available at this link. 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 completion of the transaction, the director owned 7,621,453 shares in the company, valued at approximately $1,373,157,187.01. This represents a 2.84% decrease in their position. The disclosure for this sale is available in the SEC filing. Insiders have sold a total of 1,661,474 shares of company stock valued at $303,251,232 over the last quarter. 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.
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