NVIDIA Corporation $NVDA is Principal Financial Group Inc.’s 2nd Largest Position

Principal Financial Group Inc. boosted its position in NVIDIA Corporation (NASDAQ:NVDA) by 5.1% during the 3rd quarter, Holdings Channel.com reports. The firm owned 37,299,876 shares of the computer hardware maker’s stock after purchasing an additional 1,811,703 shares during the period. NVIDIA comprises about 3.5% of Principal Financial Group Inc.’s portfolio, making the stock its 2nd biggest holding. Principal Financial Group Inc.’s holdings in NVIDIA were worth $6,959,414,000 at the end of the most recent quarter.

A number of other large investors have also bought and sold shares of the company. Norges Bank bought a new stake in NVIDIA in the 2nd quarter valued at about $51,386,863,000. Laurel Wealth Advisors LLC increased its stake in shares of NVIDIA by 15,496.1% in the second quarter. Laurel Wealth Advisors LLC now owns 21,865,525 shares of the computer hardware maker’s stock worth $3,454,534,000 after purchasing an additional 21,725,326 shares in the last quarter. Massachusetts Financial Services Co. MA raised its position in shares of NVIDIA by 25.0% in the third quarter. Massachusetts Financial Services Co. MA now owns 71,720,593 shares of the computer hardware maker’s stock valued at $13,381,628,000 after purchasing an additional 14,358,048 shares during the period. State Street Corp lifted its stake in shares of NVIDIA by 1.0% during 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 buying an additional 9,554,857 shares in the last quarter. Finally, Geode Capital Management LLC boosted its holdings in NVIDIA by 1.5% in the 2nd quarter. Geode Capital Management LLC now owns 579,213,497 shares of the computer hardware maker’s stock worth $91,150,170,000 after buying an additional 8,521,936 shares during the period. 65.27% of the stock is owned by hedge funds and other institutional investors.

Analysts Set New Price Targets

NVDA has been the topic of a number of analyst reports. Barclays boosted their target price on shares of NVIDIA from $240.00 to $275.00 and gave the company an “overweight” rating in a report on Thursday, November 20th. Wells Fargo & Company reiterated an “overweight” rating on shares of NVIDIA in a research note on Monday, December 29th. Susquehanna increased their price objective on NVIDIA from $230.00 to $250.00 and gave the stock a “positive” rating in a report on Thursday, November 20th. Raymond James Financial reaffirmed a “strong-buy” rating on shares of NVIDIA in a report on Tuesday, January 6th. Finally, President Capital increased their price target on shares of NVIDIA from $240.00 to $245.00 and gave the stock a “buy” rating in a report on Friday, November 28th. Three research analysts have rated the stock with a Strong Buy rating, forty-seven have assigned a Buy rating and two have given a Hold rating to the stock. Based on data from MarketBeat.com, the company presently has an average rating of “Buy” and a consensus target price of $267.50.

NVIDIA Stock Up 0.7%

NVDA stock opened at $192.85 on Wednesday. The company’s 50 day moving average is $185.80 and its 200 day moving average is $183.80. The stock has a market cap of $4.69 trillion, a price-to-earnings ratio of 47.85, a price-to-earnings-growth ratio of 0.58 and a beta of 2.31. The company has a current ratio of 4.47, a quick ratio of 3.71 and a debt-to-equity ratio of 0.06. NVIDIA Corporation has a 1-year low of $86.62 and a 1-year high of $212.19.

Insider Transactions at NVIDIA

In other news, EVP Ajay K. Puri sold 200,000 shares of the firm’s stock in a transaction on Wednesday, January 7th. The shares were sold at an average price of $187.82, for a total transaction of $37,564,000.00. Following the sale, the executive vice president owned 3,818,547 shares in the company, valued at approximately $717,199,497.54. This trade represents a 4.98% decrease in their position. The transaction was disclosed in a filing with the SEC, which can be accessed through this link. Also, EVP Debora Shoquist sold 80,000 shares of NVIDIA stock in a transaction on 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 sale, the executive vice president directly owned 1,494,443 shares of the company’s stock, valued at $267,355,852.70. This represents a 5.08% decrease in their ownership of the stock. Additional details regarding this sale are available in the official SEC disclosure. Over the last ninety days, insiders have sold 1,610,848 shares of company stock worth $291,619,375. Company insiders own 4.17% of the company’s stock.

Key NVIDIA News

Here are the key news stories impacting NVIDIA this week:

• Positive Sentiment: Wall Street expects massive Q4 revenue (street chatter ~ $65B / ~68% YoY) — that optimism is supporting the rally. Why is Nvidia stock soaring
• Positive Sentiment: Analysts and brokers have reiterated buy/outperform ratings and higher targets ahead of results (Wedbush, Truist, DA Davidson, KeyCorp coverage), supporting demand. Wedbush and Truist reiterate buy
• Positive Sentiment: Sector tailwind — the semiconductor index is near record highs and a broad market rally ahead of NVDA earnings is lifting the stock. Semis Hit Highs Before NVIDIA
• Positive Sentiment: New enterprise wins/partnerships (Akamai integration for critical-infrastructure cybersecurity using NVIDIA BlueField DPUs) expand enterprise TAM beyond GPUs. Akamai and NVIDIA launch solution
• Positive Sentiment: Corporate returns: Nvidia is scheduled to pay a dividend next month — a small but supportive sign for income-focused holders. Dividend announcement
• Neutral Sentiment: Heavy options/derivatives activity: traders are positioning for a big post-earnings move, increasing intraday volatility even if fundamentals meet expectations. Options strategies ahead of earnings
• Neutral Sentiment: AI infrastructure rotation: suppliers and fiber/optical plays (e.g., Corning) are rallying, which underpins long-term datacenter demand for NVIDIA chips but shifts some capital away from pure-chip names. Corning pivot to AI infrastructure
• Negative Sentiment: Export-control / China risk: U.S. officials say H200 chips have not been shipped to China — short-term revenue exposure and regulatory scrutiny remain a risk. China H200 shipment update
• Negative Sentiment: Compliance and reputational risk: reports that a Chinese startup trained a model on NVIDIA’s best chip despite bans raise enforcement and policy uncertainty. DeepSeek trained on Blackwell despite ban
• Negative Sentiment: Competitive pressure and ASIC fears: hyperscalers pursuing custom chips and broader AI-chip competition (Google, in-house ASICs) are a recurring concern that could temper long-term margin/growth expectations. AI competition & risks

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.