Avidian Wealth Enterprises LLC Sells 74,881 Shares of NVIDIA Corporation $NVDA

Avidian Wealth Enterprises LLC trimmed its position in NVIDIA Corporation (NASDAQ:NVDA) by 10.2% in the third quarter, Holdings Channel.com reports. The institutional investor owned 657,957 shares of the computer hardware maker’s stock after selling 74,881 shares during the period. NVIDIA makes up about 4.6% of Avidian Wealth Enterprises LLC’s holdings, making the stock its 3rd largest holding. Avidian Wealth Enterprises LLC’s holdings in NVIDIA were worth $122,762,000 at the end of the most recent quarter.

Other hedge funds and other institutional investors have also bought and sold shares of the company. Rakuten Investment Management Inc. bought a new position in NVIDIA in the 3rd quarter worth $10,368,000. BankPlus Wealth Management LLC grew its position in shares of NVIDIA by 33.0% in the third quarter. BankPlus Wealth Management LLC now owns 12,178 shares of the computer hardware maker’s stock valued at $2,272,000 after purchasing an additional 3,023 shares during the last quarter. Cornerstone Wealth Group LLC increased its stake in shares of NVIDIA by 209.2% in the third quarter. Cornerstone Wealth Group LLC now owns 632,602 shares of the computer hardware maker’s stock worth $118,031,000 after purchasing an additional 427,976 shares during the period. Brandywine Oak Private Wealth LLC increased its stake in shares of NVIDIA by 2.3% in the third quarter. Brandywine Oak Private Wealth LLC now owns 77,341 shares of the computer hardware maker’s stock worth $14,430,000 after purchasing an additional 1,765 shares during the period. Finally, FSA Investment Group LLC lifted its position in shares of NVIDIA by 156.2% during the 3rd quarter. FSA Investment Group LLC now owns 3,630 shares of the computer hardware maker’s stock worth $680,000 after purchasing an additional 2,213 shares during the last quarter. 65.27% of the stock is currently owned by institutional investors and hedge funds.

Key Headlines Impacting NVIDIA

Here are the key news stories impacting NVIDIA this week:

• Positive Sentiment: Bank of America reiterates confidence in NVDA with a high $275 target, reinforcing buy-side support and helping underpin the stock’s valuation. Bank of America stands by Nvidia (NVDA) with $275 target as AI leadership holds
• Positive Sentiment: Renewed optimism about OpenAI’s finances is lifting stocks tied to the AI ecosystem, which benefits NVDA via stronger expected hyperscaler capex for GPUs. AI Giant OpenAI Is Getting a Lift Lately. So Are Stocks Linked to It.
• Positive Sentiment: High-profile commentary (e.g., Jim Cramer) and multiple Wall Street price targets continue to highlight NVDA’s long-term AI leadership and hyperscaler demand, supporting investor conviction despite short-term volatility. Jim Cramer Says “You Better Believe NVIDIA (NVDA)’s Getting a Big Cut” of the AI CapEx By Mega-Cap Tech
• Neutral Sentiment: Traders are holding back ahead of NVDA’s Q4 results (Feb. 25); several notes highlight that guidance will drive near-term moves, so the stock often trades range-bound until the print. Nvidia Pauses Amid Taiwan Semiconductor, ChatGPT News; Is Nvidia A Buy Now?
• Neutral Sentiment: U.S. officials say they will not block American firms’ access to NVIDIA chips, which limits one potential downside scenario for cloud/data-center customers. That helps constrain downside but doesn’t remove export licensing complexity. U.S. won’t impede American companies’ access to Nvidia chips, Lutnick says
• Negative Sentiment: Commerce officials signaled that NVIDIA must live with licensing guardrails on sales of its second-most-advanced AI chip to China — a regulatory constraint that could limit a major end market and weigh on near-term revenue visibility. This development is a likely driver of today’s weakness. Nvidia must live with guardrails around its AI chip sales to China, Lutnick says
• Negative Sentiment: Cisco launched a new AI networking chip and router targeting data-center traffic — an incremental competitive threat for parts of the AI infrastructure stack that could pressure pricing/margins over time. Cisco unveils new AI networking chip, taking on Broadcom and Nvidia

Analyst Upgrades and Downgrades

NVDA has been the topic of several recent analyst reports. Macquarie Infrastructure raised NVIDIA to an “outperform” rating in a research report on Monday, December 29th. KeyCorp upped their target price on shares of NVIDIA from $250.00 to $275.00 and gave the company an “overweight” rating in a research note on Thursday, November 20th. Royal Bank Of Canada restated a “buy” rating on shares of NVIDIA in a research report on Thursday, January 15th. Piper Sandler reissued an “overweight” rating on shares of NVIDIA in a research report on Thursday, January 8th. Finally, Jefferies Financial Group restated a “buy” rating and set a $275.00 price objective (up from $250.00) on shares of NVIDIA in a research report on Friday, January 16th. Four equities research analysts have rated the stock with a Strong Buy rating, forty-six have assigned a Buy rating and two have issued a Hold rating to the company. Based on data from MarketBeat, the stock has an average rating of “Buy” and a consensus target price of $263.98.

Insiders Place Their Bets

In other news, EVP Ajay K. Puri sold 200,000 shares of the stock in a transaction that occurred on Wednesday, January 7th. The shares were sold at an average price of $187.82, for a total transaction of $37,564,000.00. Following the sale, the executive vice president directly owned 3,818,547 shares of the company’s stock, valued at $717,199,497.54. This represents a 4.98% decrease in their ownership of the stock. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is available through this link. Also, CFO Colette Kress sold 30,500 shares of the business’s stock in a transaction that occurred on Friday, December 12th. The stock was sold at an average price of $178.11, for a total transaction of $5,432,355.00. Following the completion of the transaction, the chief financial officer owned 1,286,826 shares of the company’s stock, valued at $229,196,578.86. This trade represents a 2.32% decrease in their position. The disclosure for this sale is available in the SEC filing. Insiders sold a total of 1,611,474 shares of company stock valued at $291,731,692 over the last three months. Company insiders own 4.17% of the company’s stock.

NVIDIA Trading Down 0.8%

Shares of NVDA stock opened at $188.60 on Wednesday. The company has a market capitalization of $4.58 trillion, a P/E ratio of 46.80, a P/E/G ratio of 0.58 and a beta of 2.31. NVIDIA Corporation has a 12-month low of $86.62 and a 12-month high of $212.19. 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 firm has a 50-day moving average price of $184.43 and a 200 day moving average price of $183.14.

NVIDIA (NASDAQ:NVDA) last posted its quarterly earnings data on Wednesday, November 19th. The computer hardware maker reported $1.30 earnings per share for the quarter, topping the consensus estimate of $1.23 by $0.07. The company had revenue of $57.01 billion during 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%. The company’s revenue was up 62.5% on a year-over-year basis. During the same quarter last year, the business posted $0.81 earnings per share. Research analysts forecast that NVIDIA Corporation will post 2.77 earnings per share for the current fiscal year.

NVIDIA Dividend Announcement

The firm also recently announced a quarterly dividend, which was paid on Friday, December 26th. Stockholders of record on Thursday, December 4th were paid a $0.01 dividend. The ex-dividend date was Thursday, December 4th. This represents a $0.04 dividend on an annualized basis and a dividend yield of 0.0%. NVIDIA’s dividend payout ratio (DPR) is 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.