Sanders Morris Harris LLC Acquires 154,604 Shares of NVIDIA Corporation $NVDA

Sanders Morris Harris LLC lifted its stake in shares of NVIDIA Corporation (NASDAQ:NVDA) by 479.4% during the third quarter, Holdings Channel.com reports. The firm owned 186,855 shares of the computer hardware maker’s stock after acquiring an additional 154,604 shares during the period. NVIDIA accounts for about 4.6% of Sanders Morris Harris LLC’s portfolio, making the stock its 3rd biggest position. Sanders Morris Harris LLC’s holdings in NVIDIA were worth $34,863,000 at the end of the most recent reporting period.

Other institutional investors and hedge funds have also recently bought and sold shares of the company. Kingstone Capital Partners Texas LLC boosted its holdings in shares of NVIDIA by 267,959.7% in the second quarter. Kingstone Capital Partners Texas LLC now owns 382,373,765 shares of the computer hardware maker’s stock valued at $64,976,521,000 after acquiring an additional 382,231,120 shares in the last quarter. Norges Bank acquired a new stake in NVIDIA in the second quarter worth approximately $51,386,863,000. Nuveen LLC bought a new position in NVIDIA during the 1st quarter valued at $15,089,414,000. Goldman Sachs Group Inc. boosted its stake in NVIDIA by 123.5% during the 1st quarter. Goldman Sachs Group Inc. now owns 187,995,213 shares of the computer hardware maker’s stock valued at $20,374,921,000 after purchasing an additional 103,889,872 shares in the last quarter. Finally, Laurel Wealth Advisors LLC increased its position in shares of NVIDIA by 15,496.1% during the 2nd quarter. Laurel Wealth Advisors LLC now owns 21,865,525 shares of the computer hardware maker’s stock valued at $3,454,534,000 after purchasing an additional 21,725,326 shares during the period. Institutional investors own 65.27% of the company’s stock.

Key Stores Impacting NVIDIA

Here are the key news stories impacting NVIDIA this week:

• Positive Sentiment: U.S. review could pave way for H200 shipments to China — reports say the administration launched a review that might allow exports of Nvidia’s H200 AI chips to China, which would materially expand addressable demand and revenue prospects. US launches review of advanced Nvidia AI chip sales to China
• Positive Sentiment: Regulatory overhang removed on Intel tie-up — U.S. antitrust agencies cleared Nvidia’s investment in Intel, reducing a near-term regulatory risk and supporting strategic partnerships that could help scale production and go-to-market efforts. Nvidia-Intel deal cleared by US antitrust agencies
• Positive Sentiment: Analysts getting more bullish — several firms (Sanford C. Bernstein reiterated buy at $275, Truist raised its PT to $275, Zacks boosted EPS estimates) are lifting targets or confirming buys, helping technical momentum and positioning for upside. MarketScreener Latest Ratings
• Neutral Sentiment: Management clarifies OpenAI investment status — Jensen Huang said Nvidia has not yet funded its announced plan around OpenAI, which removes some rumor-driven uncertainty but leaves the timing and size of any investment unclear. Nvidia has not given OpenAI ‘a penny yet,’ CEO Huang tells Fox Business
• Negative Sentiment: Insider selling disclosed — long-time director Harvey Jones sold 250,000 shares (~$44M), a headline that can spook some investors even though large insiders often diversify. Nvidia director sells $44 million in stock

Wall Street Analyst Weigh In

NVDA has been the subject of several research analyst reports. Citigroup upped their price objective on NVIDIA from $220.00 to $270.00 and gave the company a “buy” rating in a report on Thursday, November 20th. Rosenblatt Securities raised their price objective on shares of NVIDIA from $240.00 to $245.00 and gave the company a “buy” rating in a research report on Thursday, November 20th. Rothschild & Co Redburn lifted their price objective on shares of NVIDIA from $211.00 to $245.00 and gave the stock a “buy” rating in a research note on Monday, November 17th. Raymond James Financial set a $272.00 target price on shares of NVIDIA and gave the company a “strong-buy” rating in a research note on Thursday, November 20th. Finally, New Street Research restated a “buy” rating and issued a $307.00 price target on shares of NVIDIA in a research report on Thursday, October 30th. Five research analysts have rated the stock with a Strong Buy rating, forty-five have issued a Buy rating, two have given a Hold rating and one has issued a Sell rating to the company. According to MarketBeat.com, the stock currently has an average rating of “Buy” and a consensus price target of $262.14.

Insider Transactions at NVIDIA

In other NVIDIA news, CFO Colette Kress sold 30,500 shares of the firm’s stock in a transaction dated 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 sale, the chief financial officer directly owned 1,286,826 shares in the company, valued at approximately $229,196,578.86. This trade represents a 2.32% decrease in their position. The sale was disclosed in a legal filing with the SEC, which is available through this hyperlink. Also, Director A Brooke Seawell sold 12,728 shares of NVIDIA stock in a transaction dated Tuesday, December 2nd. The shares were sold at an average price of $183.93, for a total value of $2,341,061.04. Additional details regarding this sale are available in the official SEC disclosure. In the last 90 days, insiders sold 2,163,974 shares of company stock worth $396,087,917. 4.17% of the stock is currently owned by company insiders.

NVIDIA Stock Up 3.9%

Shares of NASDAQ:NVDA opened at $180.99 on Friday. The firm has a 50 day simple moving average of $185.58 and a 200 day simple moving average of $174.93. NVIDIA Corporation has a 52 week low of $86.62 and a 52 week high of $212.19. The company has a debt-to-equity ratio of 0.06, a quick ratio of 3.71 and a current ratio of 4.47. The company has a market cap of $4.40 trillion, a PE ratio of 44.91, a price-to-earnings-growth ratio of 0.85 and a beta of 2.29.

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 firm had revenue of $57.01 billion for the quarter, compared to analysts’ expectations of $54.66 billion. NVIDIA had a net margin of 53.01% and a return on equity of 99.24%. The company’s quarterly revenue was up 62.5% compared to the same quarter last year. During the same period in the previous year, the company posted $0.81 EPS. As a group, research analysts expect that NVIDIA Corporation will post 2.77 earnings per share for the current year.

NVIDIA Dividend Announcement

The firm also recently declared a quarterly dividend, which will be paid on Friday, December 26th. Investors of record on Thursday, December 4th will be given a dividend of $0.01 per share. This represents a $0.04 annualized dividend and a yield of 0.0%. The ex-dividend date of this dividend is Thursday, December 4th. NVIDIA’s payout ratio 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.