Rede Wealth LLC Sells 21,685 Shares of NVIDIA Corporation $NVDA

Rede Wealth LLC lessened its stake in shares of NVIDIA Corporation (NASDAQ:NVDA) by 69.0% in the 3rd quarter, Holdings Channel.com reports. The institutional investor owned 9,721 shares of the computer hardware maker’s stock after selling 21,685 shares during the period. NVIDIA accounts for 1.4% of Rede Wealth LLC’s holdings, making the stock its 17th largest position. Rede Wealth LLC’s holdings in NVIDIA were worth $1,814,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

Several other institutional investors have also recently added to or reduced their stakes in the company. State Street Corp increased its position in NVIDIA by 1.0% in the 2nd quarter. State Street Corp now owns 978,208,862 shares of the computer hardware maker’s stock valued at $154,556,803,000 after acquiring an additional 9,554,857 shares in the last quarter. Geode Capital Management LLC raised its position in shares of NVIDIA by 1.5% during the 2nd quarter. Geode Capital Management LLC now owns 579,213,497 shares of the computer hardware maker’s stock valued at $91,150,170,000 after acquiring an additional 8,521,936 shares during the last quarter. Norges Bank bought a new stake in NVIDIA in the second quarter valued at about $51,386,863,000. Legal & General Group Plc increased its stake in shares of NVIDIA by 1.5% in the 2nd quarter. Legal & General Group Plc now owns 178,593,475 shares of the computer hardware maker’s stock valued at $28,215,983,000 after acquiring an additional 2,623,678 shares during the last quarter. Finally, Charles Schwab Investment Management Inc. increased its stake 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 purchasing an additional 4,209,423 shares in the last quarter. 65.27% of the stock is owned by institutional investors.

Analysts Set New Price Targets

Several brokerages have issued reports on NVDA. Oppenheimer restated an “outperform” rating and issued a $265.00 price target on shares of NVIDIA in a report on Thursday, November 20th. Bank of America reiterated a “buy” rating and issued a $275.00 price target on shares of NVIDIA in a research note on Friday, December 26th. CICC Research boosted their price target on NVIDIA from $200.00 to $228.00 and gave the stock an “outperform” rating in a research report on Friday, November 21st. Loop Capital boosted their price objective on shares of NVIDIA from $250.00 to $350.00 and gave the stock a “buy” rating in a research note on Monday, November 3rd. Finally, Argus restated a “buy” rating and issued a $220.00 price target on shares of NVIDIA in a research note on Thursday, November 20th. Four research analysts have rated the stock with a Strong Buy rating, forty-six have given a Buy rating and two have given a Hold rating to the company. Based on data from MarketBeat.com, NVIDIA presently has an average rating of “Buy” and a consensus price target of $263.98.

NVIDIA Price Performance

Shares of NVDA stock opened at $189.86 on Tuesday. The company has a market cap of $4.61 trillion, a P/E ratio of 47.11, a P/E/G ratio of 0.57 and a beta of 2.31. The company has a quick ratio of 3.71, a current ratio of 4.47 and a debt-to-equity ratio of 0.06. NVIDIA Corporation has a twelve month low of $86.62 and a twelve month high of $212.19. The business has a fifty day simple moving average of $184.29 and a 200 day simple moving average of $183.04.

NVIDIA (NASDAQ:NVDA) last announced its quarterly earnings results on Wednesday, November 19th. The computer hardware maker reported $1.30 earnings per share (EPS) 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 company had revenue of $57.01 billion for the quarter, compared to analyst estimates of $54.66 billion. During the same period in the previous year, the firm posted $0.81 EPS. The firm’s revenue was up 62.5% on a year-over-year basis. On average, sell-side analysts forecast that NVIDIA Corporation will post 2.77 EPS for the current fiscal year.

NVIDIA Dividend Announcement

The company also recently announced a quarterly dividend, which was paid on Friday, December 26th. Shareholders of record on Thursday, December 4th were given a $0.01 dividend. The ex-dividend date was Thursday, December 4th. This represents a $0.04 annualized dividend and a yield of 0.0%. NVIDIA’s dividend payout ratio (DPR) is currently 0.99%.

More NVIDIA News

Here are the key news stories impacting NVIDIA this week:

• Positive Sentiment: CEO outlook/rebuild of AI infrastructure — Jensen Huang’s comments that the AI buildout is multi‑year and “generational” have renewed conviction that hyperscalers’ multibillion-dollar AI capex will sustain demand for NVIDIA GPUs. NVIDIA Stock (NVDA) Opinions on CEO Jensen Huang’s AI Buildout Forecast
• Positive Sentiment: Analyst/momentum support — NVDA’s momentum ranking and recent analyst upgrades/price targets are drawing buy-side attention, supporting upward moves ahead of upcoming catalysts. Nvidia (NVDA) is a Top-Ranked Momentum Stock: Should You Buy?
• Positive Sentiment: Macro/market lift — a tech-driven rally in US indices ahead of economic data helped push NVDA higher as investors rotated back into large-cap AI names. Nasdaq 100 and S&P500: Oracle Soars, Nvidia Climbs as US Indices Strengthen Into Jobs Data
• Neutral Sentiment: Supply‑chain / ecosystem win for suppliers — reports that suppliers (e.g., Lumentum) could benefit from NVIDIA’s acceleration of co‑packaged optics are constructive for the AI supply chain but represent indirect upside to NVDA. Lumentum should benefit as Nvidia ‘accelerates’ co-packaged optics: GF
• Neutral Sentiment: Needs fresh catalysts — some outlets note last week’s rally may need additional company-specific catalysts (partner wins, guidance or another beat) to sustain momentum. Nvidia Stock Slips. How OpenAI Can Boost the Chip Maker’s Shares.
• Negative Sentiment: Market downside risk — big‑tech volatility and a recent $1‑trillion pullback across megacaps mean NVDA remains sensitive to macro risk and risk‑off flows. Big Tech stocks are treading water after $1 trillion sell-off week
• Negative Sentiment: Competitive pressure from Intel — Intel’s renewed push into discrete AI GPUs and memory (and strategic partnerships) could increase long‑term competition in inference and memory solutions. Intel Stock Is Priced for Ruin, But the AI Offensive Is Here (NVDA)
• Negative Sentiment: Large insider selling highlighted — recent data showing extensive insider sales can unsettle some investors even if driven by diversification. NVIDIA Stock (NVDA) Opinions on CEO Jensen Huang’s AI Buildout Forecast

Insiders Place Their Bets

In other NVIDIA news, EVP Debora Shoquist sold 80,000 shares of NVIDIA stock in a transaction dated Thursday, December 11th. The stock was sold at an average price of $178.90, for a total transaction of $14,312,000.00. Following the transaction, the executive vice president directly owned 1,494,443 shares of the company’s stock, valued at approximately $267,355,852.70. The trade was a 5.08% decrease in their position. The sale was disclosed in a filing with the Securities & Exchange Commission, which can be accessed through this link. Also, EVP Ajay K. Puri sold 200,000 shares of NVIDIA stock in a transaction that occurred 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 completion of the transaction, the executive vice president directly owned 3,818,547 shares in the company, valued at approximately $717,199,497.54. This represents a 4.98% decrease in their ownership of the stock. Additional details regarding this sale are available in the official SEC disclosure. Insiders have sold 1,611,474 shares of company stock worth $291,731,692 over the last quarter. 4.17% of the stock is currently owned by corporate 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.