Conning Inc. Has $23.54 Million Stake in NVIDIA Corporation $NVDA

Conning Inc. lowered its stake in NVIDIA Corporation (NASDAQ:NVDA) by 12.9% in the first quarter, Holdings Channel reports. The fund owned 134,952 shares of the computer hardware maker’s stock after selling 20,024 shares during the quarter. Conning Inc.’s holdings in NVIDIA were worth $23,536,000 at the end of the most recent reporting period.

Several other hedge funds and other institutional investors also recently made changes to their positions in the stock. Diversified Enterprises LLC grew its stake in NVIDIA by 44.2% in the fourth quarter. Diversified Enterprises LLC now owns 127,604 shares of the computer hardware maker’s stock valued at $23,798,000 after acquiring an additional 39,129 shares during the period. ASR Vermogensbeheer N.V. raised its position in shares of NVIDIA by 1.8% during the fourth quarter. ASR Vermogensbeheer N.V. now owns 3,169,377 shares of the computer hardware maker’s stock worth $591,086,000 after purchasing an additional 54,877 shares during the period. Storen Legacy Partners LLC bought a new position in shares of NVIDIA in the 4th quarter worth $1,350,000. Weaver Capital Management LLC lifted its holdings in shares of NVIDIA by 5.5% in the 4th quarter. Weaver Capital Management LLC now owns 85,216 shares of the computer hardware maker’s stock worth $15,893,000 after purchasing an additional 4,439 shares in the last quarter. Finally, Arrowstreet Capital Limited Partnership grew its position in NVIDIA by 3.6% in the 4th quarter. Arrowstreet Capital Limited Partnership now owns 26,652,420 shares of the computer hardware maker’s stock valued at $4,970,704,000 after purchasing an additional 936,506 shares during the period. 65.27% of the stock is owned by institutional investors.

Analyst Ratings Changes

A number of analysts have commented on NVDA shares. Sanford C. Bernstein restated a “buy” rating on shares of NVIDIA in a research note on Monday, June 29th. Susquehanna reiterated a “positive” rating and set a $275.00 price objective (up from $250.00) on shares of NVIDIA in a report on Tuesday, May 12th. Tigress Financial reissued a “strong-buy” rating and set a $425.00 target price (up from $360.00) on shares of NVIDIA in a research report on Wednesday, May 27th. New Street Research lowered their target price on shares of NVIDIA from $343.00 to $340.00 in a report on Thursday, May 21st. Finally, Barclays reaffirmed an “overweight” rating on shares of NVIDIA in a research report on Thursday, May 21st. Two investment analysts have rated the stock with a Strong Buy rating, forty-eight have issued a Buy rating and three have issued a Hold rating to the stock. According to MarketBeat, NVIDIA currently has a consensus rating of “Moderate Buy” and an average target price of $304.26.

NVIDIA News Roundup

Here are the key news stories impacting NVIDIA this week:

• Positive Sentiment: NVIDIA disclosed that its next-generation Rubin AI chips are shipping to customers and that production is underway, reinforcing confidence that the company’s roadmap remains on schedule and competitive versus rivals like AMD and Broadcom. Nvidia Says Rubin AI Chips Are Shipping
• Positive Sentiment: The company also unveiled an expansion of its Agent Toolkit with Omniverse libraries, aimed at helping developers build simulation-ready “physical AI” applications for robotics, factories, and autonomous systems. That strengthens NVIDIA’s software ecosystem and could support longer-term demand for its hardware and platforms. NVIDIA Agent Toolkit Expands With New Omniverse Libraries
• Positive Sentiment: Investor sentiment was also helped by NVIDIA’s 9.3% stake in Nebius, which signals deeper involvement in AI cloud infrastructure and sparked a broad AI-infrastructure rally that reflects continued confidence in NVIDIA’s influence across the sector. Nebius stock surges as Nvidia discloses 9.3% stake in neocloud
• Neutral Sentiment: Wall Street commentary remains broadly constructive, with several pieces highlighting NVIDIA as a key AI growth name and a possible leader during earnings season, but these are mostly sentiment drivers rather than new fundamentals. Why Nvidia Stock Can ‘Lead the Charge’ This Earnings Season
• Neutral Sentiment: Some articles noted that other AI memory and infrastructure names have been outperforming NVIDIA lately, which is a reminder that the AI trade is broadening beyond NVDA even as it remains a core beneficiary. NVIDIA Isn’t Leading AI Stocks in 2026 – These 2 Are Up Over 180%

NVIDIA Stock Performance

Shares of NVDA stock opened at $207.29 on Wednesday. The company has a debt-to-equity ratio of 0.04, a current ratio of 3.44 and a quick ratio of 2.85. The firm has a 50-day moving average of $209.04 and a 200-day moving average of $195.41. NVIDIA Corporation has a one year low of $164.07 and a one year high of $236.54. The company has a market cap of $5.02 trillion, a P/E ratio of 31.74, a P/E/G ratio of 0.45 and a beta of 2.21.

NVIDIA (NASDAQ:NVDA) last released its quarterly earnings results on Wednesday, May 20th. The computer hardware maker reported $1.87 earnings per share for the quarter, topping the consensus estimate of $1.76 by $0.11. NVIDIA had a net margin of 62.97% and a return on equity of 96.94%. The business had revenue of $81.61 billion for the quarter, compared to analysts’ expectations of $78.42 billion. During the same period in the previous year, the company earned $0.81 earnings per share. The firm’s revenue for the quarter was up 85.2% compared to the same quarter last year. Equities research analysts forecast that NVIDIA Corporation will post 8.79 EPS for the current fiscal year.

NVIDIA Increases Dividend

The firm also recently announced a quarterly dividend, which was paid on Friday, June 26th. Stockholders of record on Thursday, June 4th were paid a $0.25 dividend. This represents a $1.00 dividend on an annualized basis and a dividend yield of 0.5%. The ex-dividend date was Thursday, June 4th. This is a boost from NVIDIA’s previous quarterly dividend of $0.01. NVIDIA’s dividend payout ratio (DPR) is presently 15.31%.

NVIDIA declared that its Board of Directors has authorized a share buyback program on Wednesday, May 20th that authorizes the company to repurchase $80.00 billion in outstanding shares. This repurchase authorization authorizes the computer hardware maker to purchase up to 1.5% of its shares through open market purchases. Shares repurchase programs are often a sign that the company’s board believes its shares are undervalued.

Insider Transactions at NVIDIA

In related news, Director John Dabiri sold 625 shares of NVIDIA stock in a transaction on Wednesday, May 27th. The stock was sold at an average price of $214.00, for a total transaction of $133,750.00. Following the sale, the director directly owned 14,163 shares in the company, valued at approximately $3,030,882. This trade represents a 4.23% decrease in their ownership of the stock. The sale was disclosed in a legal filing with the SEC, which can be accessed through this link. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Also, Director Mark A. Stevens sold 885,000 shares of the company’s stock in a transaction on Thursday, June 18th. The shares were sold at an average price of $210.17, for a total value of $186,000,450.00. Following the completion of the transaction, the director owned 5,207,271 shares of the company’s stock, valued at $1,094,412,146.07. This trade represents a 14.53% decrease in their position. The SEC filing for this sale provides additional information. Insiders have sold 1,901,125 shares of company stock worth $410,583,015 in the last 90 days. Insiders own 3.94% 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.