NVIDIA Corporation $NVDA is Maryland State Retirement & Pension System’s Largest Position

Maryland State Retirement & Pension System lifted its holdings in shares of NVIDIA Corporation (NASDAQ:NVDA) by 2.6% during the third quarter, according to the company in its most recent Form 13F filing with the SEC. The fund owned 1,163,850 shares of the computer hardware maker’s stock after acquiring an additional 29,485 shares during the quarter. NVIDIA accounts for about 4.6% of Maryland State Retirement & Pension System’s investment portfolio, making the stock its biggest position. Maryland State Retirement & Pension System’s holdings in NVIDIA were worth $217,151,000 as of its most recent SEC filing.

Several other institutional investors have also modified their holdings of NVDA. State Street Corp grew 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 worth $154,556,803,000 after acquiring an additional 9,554,857 shares in the last quarter. 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. Norges Bank acquired a new position in NVIDIA in the second quarter worth about $51,386,863,000. Legal & General Group Plc grew its stake in NVIDIA by 1.5% in the second quarter. Legal & General Group Plc now owns 178,593,475 shares of the computer hardware maker’s stock worth $28,215,983,000 after purchasing an additional 2,623,678 shares in the last quarter. Finally, Charles Schwab Investment Management Inc. increased its holdings in NVIDIA by 2.8% in the second quarter. Charles Schwab Investment Management Inc. now owns 155,668,775 shares of the computer hardware maker’s stock valued at $24,594,110,000 after buying an additional 4,209,423 shares during the last quarter. Institutional investors and hedge funds own 65.27% of the company’s stock.

Insider Activity at NVIDIA

In other news, Director Harvey C. Jones sold 250,000 shares of the stock in a transaction on 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 completion of the transaction, the director owned 6,933,280 shares of the company’s stock, valued at approximately $1,229,478,542.40. This represents a 3.48% decrease in their ownership of the stock. The transaction was disclosed in a document filed with the SEC, which can be accessed through this link. Also, Director Mark A. Stevens sold 350,000 shares of NVIDIA stock in a transaction dated Friday, December 5th. The shares were sold at an average price of $181.73, for a total transaction of $63,605,500.00. Following the sale, the director owned 7,049,803 shares in the company, valued at approximately $1,281,160,699.19. This represents a 4.73% decrease in their ownership of the stock. The SEC filing for this sale provides additional information. Insiders have sold a total of 1,563,834 shares of company stock worth $283,360,391 in the last ninety days. 4.17% of the stock is currently owned by corporate insiders.

Analyst Ratings Changes

NVDA has been the subject of several research reports. Stifel Nicolaus set a $250.00 target price on NVIDIA in a research report on Thursday, January 8th. BNP Paribas Exane lifted their price objective on shares of NVIDIA from $240.00 to $250.00 and gave the stock an “outperform” rating in a report on Tuesday, November 18th. Truist Financial reissued a “buy” rating and set a $275.00 target price on shares of NVIDIA in a report on Monday, December 29th. Rothschild & Co Redburn raised their price target on shares of NVIDIA from $245.00 to $268.00 and gave the stock a “buy” rating in a research report on Thursday, January 15th. Finally, Weiss Ratings reaffirmed a “buy (b-)” rating on shares of NVIDIA in a research report on Monday, December 29th. Four research analysts have rated the stock with a Strong Buy rating, forty-seven have assigned a Buy rating and two have issued a Hold rating to the company’s stock. According to data from MarketBeat.com, NVIDIA presently has an average rating of “Buy” and an average target price of $263.98.

Key NVIDIA News

Here are the key news stories impacting NVIDIA this week:

• Positive Sentiment: Strong hyperscaler spending — reports that Alphabet/Google plans large AI data‑center capex are supporting demand for NVIDIA GPUs, helping justify continued data‑center revenue growth. Broadcom and Nvidia Stocks Rise. How Google’s AI Spending Will Boost the Chip Makers.
• Positive Sentiment: New product momentum — coverage notes NVIDIA’s Vera Rubin platform is in production and is expected to drive another upgrade/replacement cycle, supporting medium‑term revenue and share‑gain thesis. Can Chinese Chipmakers Really Catch NVIDIA’s Rubin by 2027?
• Positive Sentiment: Supply‑chain & infra partnerships — NVIDIA is partnering with firms (e.g., Tower Semiconductor on silicon photonics) that can expand addressable markets for AI data‑center interconnects and strengthen ecosystem ties. Tower Semiconductor Partners with NVIDIA on 1.6T Silicon Photonics for AI Data Centers
• Neutral Sentiment: Major strategic investment talks — media reports that NVIDIA is negotiating a very large (~$20B) investment into OpenAI are circulating; the deal would be transformational but remains unconfirmed and subject to negotiation/terms. Nvidia eyes record $20bn investment in OpenAI amid major funding round
• Neutral Sentiment: Analyst backing persists — several firms (e.g., Morgan Stanley) have reiterated overweight/positive ratings, arguing NVIDIA’s AI leadership justifies premium multiples even as the valuation gap widens. Analyst Sticks with Nvidia (NVDA) as AI Valuation Gap Widens
• Neutral Sentiment: Valuation debate — coverage highlights NVDA’s rich multiples; some analysts say growth justifies it, others warn of increased downside if guidance or macro slows. NVIDIA Trades at a Premium Valuation: Should You Still Buy the Stock?
• Negative Sentiment: China export & sales uncertainty — Reuters/FT reporting says H200/H-series exports and sales to China remain under U.S. national‑security review and some shipments (e.g., to ByteDance) hinge on restrictive conditions; that cloud limits near‑term China growth visibility. Nvidia AI chip sales to China stalled by US security review, FT reports
• Negative Sentiment: Short‑term selloff & downside scenarios — several pieces warn momentum and software‑sector weakness can drag NVDA lower (some suggest significant pullbacks are possible if growth expectations reset). Here’s why NVIDIA stock price could be at risk of a crash to $150

NVIDIA Trading Down 1.4%

Shares of NASDAQ:NVDA opened at $171.83 on Friday. The company has a quick ratio of 3.71, a current ratio of 4.47 and a debt-to-equity ratio of 0.06. The company’s 50-day moving average price is $183.92 and its 200 day moving average price is $182.63. The company has a market cap of $4.18 trillion, a PE ratio of 42.64, a P/E/G ratio of 0.54 and a beta of 2.31. NVIDIA Corporation has a fifty-two week low of $86.62 and a fifty-two week high of $212.19.

NVIDIA (NASDAQ:NVDA) last announced its quarterly earnings results on Wednesday, November 19th. The computer hardware maker reported $1.30 EPS for the quarter, beating the consensus estimate of $1.23 by $0.07. The company 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 was up 62.5% compared to the same quarter last year. During the same quarter last year, the business earned $0.81 earnings per share. Sell-side analysts anticipate that NVIDIA Corporation will post 2.77 earnings per share for the current year.

NVIDIA Announces Dividend

The firm also recently announced a quarterly dividend, which was paid on Friday, December 26th. Shareholders of record on Thursday, December 4th were paid a dividend of $0.01 per share. The ex-dividend date of this dividend was Thursday, December 4th. This represents a $0.04 annualized dividend and a yield of 0.0%. NVIDIA’s payout ratio is presently 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.