Florida Trust Wealth Management Co boosted its position in shares of NVIDIA Corporation (NASDAQ:NVDA – Free Report) by 6.0% during the third quarter, Holdings Channel.com reports. The fund owned 271,185 shares of the computer hardware maker’s stock after acquiring an additional 15,347 shares during the quarter. NVIDIA accounts for 1.4% of Florida Trust Wealth Management Co’s investment portfolio, making the stock its 15th largest holding. Florida Trust Wealth Management Co’s holdings in NVIDIA were worth $50,598,000 at the end of the most recent reporting period.
A number of other hedge funds have also modified their holdings of NVDA. Harbor Asset Planning Inc. bought a new stake in NVIDIA during the 2nd quarter valued at approximately $28,000. Winnow Wealth LLC purchased a new stake in NVIDIA during the 2nd quarter valued at approximately $32,000. Longfellow Investment Management Co. LLC raised its position in shares of NVIDIA by 47.9% during the second quarter. Longfellow Investment Management Co. LLC now owns 207 shares of the computer hardware maker’s stock valued at $33,000 after buying an additional 67 shares during the last quarter. Spurstone Advisory Services LLC purchased a new position in shares of NVIDIA in the second quarter worth $40,000. Finally, EDENTREE ASSET MANAGEMENT Ltd bought a new position in shares of NVIDIA during the second quarter worth $54,000. 65.27% of the stock is currently owned by institutional investors.
Wall Street Analyst Weigh In
NVDA has been the subject of several research reports. Royal Bank Of Canada reissued a “buy” rating on shares of NVIDIA in a report on Thursday, January 15th. Morgan Stanley increased their price target on NVIDIA from $235.00 to $250.00 and gave the company an “overweight” rating in a research note on Monday, December 1st. Susquehanna lifted their price objective on NVIDIA from $230.00 to $250.00 and gave the stock a “positive” rating in a research note on Thursday, November 20th. Wells Fargo & Company reissued an “overweight” rating on shares of NVIDIA in a report on Monday, December 29th. Finally, DZ Bank restated a “buy” rating on shares of NVIDIA in a research report on Thursday, November 20th. Four research analysts have rated the stock with a Strong Buy rating, forty-six have issued a Buy rating and two have issued a Hold rating to the company’s stock. Based on data from MarketBeat.com, the stock has a consensus rating of “Buy” and a consensus target price of $263.98.
Insider Buying and Selling at NVIDIA
In other NVIDIA news, EVP Ajay K. Puri sold 200,000 shares of the company’s stock in a transaction on Wednesday, January 7th. The stock was sold at an average price of $187.82, for a total value of $37,564,000.00. Following the transaction, the executive vice president owned 3,818,547 shares of the company’s stock, valued at $717,199,497.54. This represents a 4.98% decrease in their position. The sale was disclosed in a legal filing with the SEC, which is available through this hyperlink. Also, Director Mark A. Stevens sold 350,000 shares of the stock in a transaction on Friday, December 5th. The stock was sold at an average price of $181.73, for a total value of $63,605,500.00. Following the completion of the sale, the director owned 7,049,803 shares in the company, valued at approximately $1,281,160,699.19. The trade was a 4.73% decrease in their position. The disclosure for this sale is available in the SEC filing. Over the last ninety days, insiders have sold 1,611,474 shares of company stock valued at $291,731,692. 4.17% of the stock is owned by company insiders.
More NVIDIA News
Here are the key news stories impacting NVIDIA this week:
- Positive Sentiment: Nvidia is reported to be committing about $20 billion to OpenAI, a high‑visibility strategic move that reinforces NVDA’s central role in the AI infrastructure ecosystem and likely supports further demand for its data‑center GPUs. Read More.
- Positive Sentiment: CEO Jensen Huang told CNBC that the industry’s ~$660 billion capex buildout for AI infrastructure is sustainable, and other coverage quotes him and customers saying demand is “through the roof” — comments that validate long‑term revenue visibility for NVDA’s chips. Read More.
- Positive Sentiment: Broad market and semiconductor sector rebounds lifted large-cap chips; NVDA, as the AI‑chip leader, led the rally as investors rotated back into tech after a recent sell‑off. Read More.
- Neutral Sentiment: Suppliers and industry players (e.g., Wistron) are signaling continued AI order growth and say AI is not a bubble — supportive industry context but not an immediate company‑specific catalyst. Read More.
- Neutral Sentiment: Wall‑street analysts remain largely positive and some firms are reiterating bullish ratings on NVDA, which underpins investor confidence but also keeps expectations high. Read More.
- Negative Sentiment: Company CFO Colette Kress sold sizeable blocks of NVDA shares (filed Form 4), which some investors interpret as a negative signal even though insider sales can be routine tax/planning moves. Read More.
- Negative Sentiment: Regulatory/export uncertainty around the H200 (China) export discussions remains unresolved in some reports — a potential headwind for growth in China if approvals are delayed or restricted. Read More.
NVIDIA Stock Up 7.8%
Shares of NVDA opened at $185.24 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 business has a fifty day moving average of $184.09 and a 200 day moving average of $182.73. The company has a market cap of $4.50 trillion, a PE ratio of 45.97, a P/E/G ratio of 0.53 and a beta of 2.31. NVIDIA Corporation has a 52-week low of $86.62 and a 52-week high of $212.19.
NVIDIA (NASDAQ:NVDA – Get Free Report) last announced its earnings results on Wednesday, November 19th. The computer hardware maker reported $1.30 earnings per share for the quarter, beating the consensus estimate of $1.23 by $0.07. NVIDIA had a net margin of 53.01% and a return on equity of 99.24%. The business had revenue of $57.01 billion for the quarter, compared to the consensus estimate of $54.66 billion. During the same quarter in the prior year, the firm posted $0.81 earnings per share. The business’s revenue for the quarter was up 62.5% on a year-over-year basis. On average, sell-side analysts expect that NVIDIA Corporation will post 2.77 EPS for the current year.
NVIDIA Dividend Announcement
The company also recently disclosed a quarterly dividend, which was paid on Friday, December 26th. Shareholders of record on Thursday, December 4th were paid a $0.01 dividend. 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 dividend payout ratio (DPR) is presently 0.99%.
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.
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