ZWJ Investment Counsel Inc. Has $106.14 Million Stock Position in NVIDIA Corporation $NVDA

ZWJ Investment Counsel Inc. reduced its stake in NVIDIA Corporation (NASDAQ:NVDA) by 6.8% during the third quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The institutional investor owned 568,887 shares of the computer hardware maker’s stock after selling 41,724 shares during the period. NVIDIA accounts for 3.7% of ZWJ Investment Counsel Inc.’s holdings, making the stock its 3rd biggest holding. ZWJ Investment Counsel Inc.’s holdings in NVIDIA were worth $106,143,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

Other institutional investors and hedge funds have also recently modified their holdings of the company. Vestia Personal Wealth Advisors raised its position in NVIDIA by 5.1% during the 3rd quarter. Vestia Personal Wealth Advisors now owns 7,897 shares of the computer hardware maker’s stock valued at $1,473,000 after purchasing an additional 382 shares in the last quarter. Home Federal Bank of Tennessee increased its stake in shares of NVIDIA by 14.5% during the third quarter. Home Federal Bank of Tennessee now owns 3,150 shares of the computer hardware maker’s stock valued at $588,000 after buying an additional 400 shares during the period. Higgins & Schmidt Wealth Strategies LLC raised its holdings in shares of NVIDIA by 7.8% in the third quarter. Higgins & Schmidt Wealth Strategies LLC now owns 3,819 shares of the computer hardware maker’s stock valued at $713,000 after acquiring an additional 277 shares in the last quarter. Alpine Woods Capital Investors LLC lifted its stake in NVIDIA by 0.9% in the third quarter. Alpine Woods Capital Investors LLC now owns 52,910 shares of the computer hardware maker’s stock worth $9,872,000 after acquiring an additional 454 shares during the period. Finally, Harbor Capital Advisors Inc. increased its position in NVIDIA by 2.5% during the 3rd quarter. Harbor Capital Advisors Inc. now owns 145,912 shares of the computer hardware maker’s stock valued at $27,224,000 after purchasing an additional 3,503 shares during the period. Institutional investors own 65.27% of the company’s stock.

NVIDIA Trading Down 0.6%

NASDAQ NVDA opened at $186.50 on Friday. NVIDIA Corporation has a 12-month low of $86.62 and a 12-month high of $212.19. The company has a fifty day simple moving average of $186.57 and a two-hundred day simple moving average of $177.76. The company has a current ratio of 4.47, a quick ratio of 3.71 and a debt-to-equity ratio of 0.06. The stock has a market cap of $4.53 trillion, a P/E ratio of 46.28, a P/E/G ratio of 0.91 and a beta of 2.31.

NVIDIA (NASDAQ:NVDA) last released its 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. The firm had revenue of $57.01 billion for the quarter, compared to the consensus estimate of $54.66 billion. NVIDIA had a return on equity of 99.24% and a net margin of 53.01%.The firm’s revenue was up 62.5% on a year-over-year basis. During the same period in the prior year, the firm earned $0.81 EPS. On average, analysts forecast that NVIDIA Corporation will post 2.77 earnings per share for the current year.

NVIDIA Dividend Announcement

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

Analyst Ratings Changes

Several equities research analysts have recently commented on NVDA shares. Truist Financial restated a “buy” rating and issued a $275.00 price target on shares of NVIDIA in a report on Monday. Weiss Ratings reissued a “buy (b-)” rating on shares of NVIDIA in a research note on Monday. Needham & Company LLC restated a “buy” rating and set a $240.00 target price on shares of NVIDIA in a report on Thursday, November 20th. The Goldman Sachs Group reaffirmed a “buy” rating and set a $240.00 target price (up previously from $210.00) on shares of NVIDIA in a research report on Friday, October 31st. Finally, S&P Equity Research reissued a “positive” rating on shares of NVIDIA in a research report on Wednesday, October 22nd. Five investment analysts have rated the stock with a Strong Buy rating, forty-six have given a Buy rating, two have given a Hold rating and one has issued a Sell rating to the company’s stock. According to data from MarketBeat, NVIDIA presently has a consensus rating of “Buy” and an average price target of $262.14.

Trending Headlines about NVIDIA

Here are the key news stories impacting NVIDIA this week:

• Positive Sentiment: NVIDIA reportedly will make its largest-ever purchase from Groq (~$20B), signaling strong demand for alternative AI accelerators and a strategic use of cash to secure capacity and partnerships. NVIDIA Corporation (NVDA) To Make its Largest Purchase From Groq
• Positive Sentiment: Large customer orders continue: reports say ByteDance placed roughly $14B in AI chip orders, directly boosting revenue visibility for NVIDIA’s H200/Hopper-class products. Nvidia stock (NVDA) rises as ByteDance drives $14B AI chip boost
• Positive Sentiment: Supply-side action: NVIDIA is said to be seeking more capacity from TSMC to ramp H200 production to meet surging China demand — a move that should ease shipment constraints and support revenue growth. Nvidia said to approach Taiwan Semi to boost H200 production amid China surge: reports
• Positive Sentiment: Analyst support remains: Stifel Nicolaus reaffirmed a bullish outlook, which helps underpin investor confidence amid strong AI-driven demand. Nvidia Corporation (NVDA) Stifel Nicolaus Maintains Bullish Forecast
• Neutral Sentiment: Acquisition speculation: Reports suggest NVIDIA could pursue AI21, which would expand its software/AI stack — strategic if true but uncertain in timing and scale. Nvidia Could Buy AI21 Next. What Does That Mean for NVDA Stock?
• Neutral Sentiment: Public commentary: Jim Cramer highlighted NVIDIA’s extensive client list, reinforcing the company’s market position but offering limited new information for near-term upside. NVIDIA (NVDA)’s List of Clients Is “Insanely Long,” Says Jim Cramer
• Neutral Sentiment: Industry price dynamics: Analysts note AI demand is pushing GPU prices higher, which can boost revenue and margins but also invites competition and potential demand elasticity. AI Demand Is Pushing GPU Prices Higher With Direct Impact On Nvidia (NVDA) Stock
• Negative Sentiment: Margin sustainability questions: Multiple analyses ask whether NVIDIA can maintain its extraordinary margins long term — large deals (e.g., Groq purchase) and customer discounts or chip-sharing could pressure margins over time. How Can Nvidia Sustain Its Margins?
• Negative Sentiment: Regulatory / legal risk: Coverage surfaced about alleged smuggling of export‑controlled NVIDIA chips into China, a story that could trigger regulatory scrutiny and reputational risk if investigations widen. $160 million worth of export-controlled Nvidia chips were allegedly smuggled into China
• Negative Sentiment: Competitive pressure: Coverage highlighting AMD’s ramp and market-share efforts reminds investors that NVIDIA faces credible competitors in GPUs for AI, which could limit pricing power over time. Advanced Micro Devices Is the Most Compelling AI Trade for 2026

Insider Activity

In related news, CFO Colette Kress sold 30,500 shares of the stock in a transaction that occurred on Friday, December 12th. The shares were sold at an average price of $178.11, for a total value of $5,432,355.00. Following the transaction, the chief financial officer owned 1,286,826 shares in the company, valued at approximately $229,196,578.86. This represents a 2.32% decrease in their position. The sale was disclosed in a filing with the Securities & Exchange Commission, which can be accessed through this link. Also, Director Harvey C. Jones sold 250,000 shares of the company’s stock in a transaction on Monday, December 15th. The shares were sold at an average price of $177.33, for a total transaction of $44,332,500.00. Following the completion of the sale, the director directly owned 6,933,280 shares in the company, valued at $1,229,478,542.40. This trade represents a 3.48% decrease in their ownership of the stock. The SEC filing for this sale provides additional information. Over the last three months, insiders have sold 1,936,474 shares of company stock valued at $354,356,742. 4.17% of the stock is owned by insiders.

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.