ICICI Prudential Asset Management Co Ltd Has $28.30 Million Position in NVIDIA Corporation $NVDA

ICICI Prudential Asset Management Co Ltd raised its holdings in NVIDIA Corporation (NASDAQ:NVDAFree Report) by 22.0% during the 3rd quarter, HoldingsChannel.com reports. The fund owned 151,685 shares of the computer hardware maker’s stock after buying an additional 27,389 shares during the period. NVIDIA makes up approximately 3.0% of ICICI Prudential Asset Management Co Ltd’s holdings, making the stock its 6th biggest holding. ICICI Prudential Asset Management Co Ltd’s holdings in NVIDIA were worth $28,301,000 at the end of the most recent quarter.

Other hedge funds and other institutional investors have also bought and sold shares of the company. Joule Financial LLC raised its holdings in NVIDIA by 2.2% in the 3rd quarter. Joule Financial LLC now owns 2,308 shares of the computer hardware maker’s stock valued at $431,000 after buying an additional 50 shares during the period. Vision Financial Markets LLC boosted its stake in NVIDIA by 1.2% during the third quarter. Vision Financial Markets LLC now owns 4,640 shares of the computer hardware maker’s stock worth $866,000 after buying an additional 53 shares during the period. Websterrogers Financial Advisors LLC boosted its stake in NVIDIA by 2.6% during the third quarter. Websterrogers Financial Advisors LLC now owns 2,118 shares of the computer hardware maker’s stock worth $395,000 after buying an additional 54 shares during the period. IMG Wealth Management Inc. increased its position in shares of NVIDIA by 1.4% during the third quarter. IMG Wealth Management Inc. now owns 3,820 shares of the computer hardware maker’s stock valued at $713,000 after acquiring an additional 54 shares during the last quarter. Finally, Cyr Financial Inc. raised its stake in shares of NVIDIA by 0.7% in the 3rd quarter. Cyr Financial Inc. now owns 7,737 shares of the computer hardware maker’s stock valued at $1,444,000 after acquiring an additional 54 shares during the period. Hedge funds and other institutional investors own 65.27% of the company’s stock.

Analysts Set New Price Targets

Several equities analysts have recently commented on NVDA shares. Rothschild & Co Redburn upped their price objective on shares of NVIDIA from $245.00 to $268.00 and gave the stock a “buy” rating in a report on Thursday, January 15th. Fundamental Research set a $218.00 target price on NVIDIA in a research report on Thursday, February 26th. Weiss Ratings restated a “buy (b-)” rating on shares of NVIDIA in a research note on Monday, December 29th. Robert W. Baird raised their price target on NVIDIA from $275.00 to $300.00 and gave the stock an “outperform” rating in a research report on Thursday, February 26th. Finally, Deutsche Bank Aktiengesellschaft lifted their price objective on NVIDIA from $180.00 to $215.00 and gave the company a “hold” rating in a research note on Thursday, November 20th. Four equities research analysts have rated the stock with a Strong Buy rating, forty-seven have given a Buy rating and two have given a Hold rating to the company. According to MarketBeat.com, the company currently has an average rating of “Buy” and an average target price of $273.64.

View Our Latest Analysis on NVDA

NVIDIA Trading Down 3.0%

Shares of NASDAQ:NVDA opened at $177.83 on Friday. NVIDIA Corporation has a 52 week low of $86.62 and a 52 week high of $212.19. The company’s 50 day moving average is $185.77 and its two-hundred day moving average is $183.90. The company has a market cap of $4.32 trillion, a PE ratio of 36.29, a P/E/G ratio of 0.60 and a beta of 2.33. The company has a current ratio of 3.91, a quick ratio of 3.24 and a debt-to-equity ratio of 0.05.

NVIDIA (NASDAQ:NVDAGet Free Report) last released its quarterly earnings data on Wednesday, February 25th. The computer hardware maker reported $1.62 earnings per share (EPS) for the quarter, topping the consensus estimate of $1.54 by $0.08. The business had revenue of $68.13 billion during the quarter, compared to analysts’ expectations of $65.56 billion. NVIDIA had a net margin of 55.60% and a return on equity of 97.37%. The company’s revenue for the quarter was up 73.2% on a year-over-year basis. During the same period in the previous year, the company earned $0.89 EPS. Equities analysts predict that NVIDIA Corporation will post 2.77 earnings per share for the current fiscal year.

NVIDIA Dividend Announcement

The firm also recently declared a quarterly dividend, which will be paid on Wednesday, April 1st. Shareholders of record on Wednesday, March 11th will be issued a dividend of $0.01 per share. This represents a $0.04 dividend on an annualized basis and a yield of 0.0%. The ex-dividend date of this dividend is Wednesday, March 11th. NVIDIA’s payout ratio is 0.82%.

Insider Buying and Selling at NVIDIA

In other news, EVP Debora Shoquist sold 80,000 shares of the stock in a transaction dated Thursday, December 11th. The stock was sold at an average price of $178.90, for a total value of $14,312,000.00. Following the transaction, the executive vice president owned 1,494,443 shares in the company, valued at approximately $267,355,852.70. This represents a 5.08% decrease in their position. The transaction was disclosed in a legal filing with the SEC, which can be accessed through this link. Also, EVP Ajay K. Puri sold 200,000 shares of the firm’s stock in a transaction dated Wednesday, January 21st. The stock was sold at an average price of $180.04, for a total value of $36,008,000.00. Following the sale, the executive vice president directly owned 3,618,547 shares in the company, valued at $651,483,201.88. This trade represents a 5.24% decrease in their position. The disclosure for this sale is available in the SEC filing. In the last quarter, insiders sold 1,248,120 shares of company stock worth $225,672,814. Corporate insiders own 4.17% of the company’s stock.

Trending Headlines about NVIDIA

Here are the key news stories impacting NVIDIA this week:

  • Positive Sentiment: Analysts raise targets and reiterate upside — Several firms lifted NVDA price targets (Deutsche Bank to $220; Baird/Wedbush much higher), pointing to continued revenue and margin upside after the quarterly beat. This supports bullish outlooks and likely underpins buying from momentum and institutional desks. NVIDIA Price Target Increased to $220 at Deutsche Bank
  • Positive Sentiment: Strong quarterly results and demand narrative — NVDA reported record revenue and robust data-center demand; analysts and bull pieces highlight durable platform strength and Ruben/Blackwell product cycle tailwinds that support above-consensus growth. Nvidia’s Earnings Prove Why It’s Earned Its Spot
  • Positive Sentiment: Strategic AI investments and ecosystem deals — Continued strategic investments (OpenAI/Anthropic participation) and new AI partnerships/bets are cited as catalytic for long-term platform control and ecosystem monetization. Nvidia Just Made Another Pair of Brilliant AI Bets
  • Neutral Sentiment: CEO compensation update — SEC filing shows a new FY2027 variable-comp plan with a $4M target cash bonus for Jensen Huang. Governance/compensation items typically have limited directional impact but draw investor attention. Nvidia sets $4 million cash bonus for CEO Huang under 2027 compensation plan
  • Neutral Sentiment: Pause on new startup bets — Company statements that it will pause further startup investments after recent big bets could be read as capital discipline; market reaction depends on how investors value future optionality vs. cash conservation. Nvidia pauses new AI startup bets after backing OpenAI, Anthropic
  • Negative Sentiment: U.S. export-permit rulemaking risk — Reports that U.S. authorities are considering global licensing requirements for AI-chip exports (affecting shipments to all countries) create uncertainty around international sales and could materially limit market access and growth paths. US said to consider requiring permits for global AI chip sales by Nvidia and AMD
  • Negative Sentiment: Pullback from China production — Reuters/FT reporting that NVIDIA stopped production of H200 chips for China and refocused TSMC capacity to next‑gen Vera Rubin confirms the company is scaling back China exposure. That reduces near-term addressable market in China and raises execution/earnings pacing concerns even if domestic hyperscalers capture redirected supply. Nvidia refocuses TSMC capacity as export controls stall China sales, FT reports

NVIDIA Company Profile

(Free Report)

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.

Further Reading

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Institutional Ownership by Quarter for NVIDIA (NASDAQ:NVDA)

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