NVIDIA Corporation $NVDA is State of Michigan Retirement System’s Largest Position

State of Michigan Retirement System lowered its position in NVIDIA Corporation (NASDAQ:NVDA) by 1.0% during the 3rd quarter, according to the company in its most recent Form 13F filing with the SEC. The firm owned 8,358,960 shares of the computer hardware maker’s stock after selling 81,200 shares during the quarter. NVIDIA comprises approximately 7.5% of State of Michigan Retirement System’s portfolio, making the stock its largest holding. State of Michigan Retirement System’s holdings in NVIDIA were worth $1,559,615,000 at the end of the most recent quarter.

A number of other large investors have also recently modified their holdings of NVDA. State Street Corp increased its holdings in shares of NVIDIA by 1.0% in the 2nd quarter. State Street Corp now owns 978,208,862 shares of the computer hardware maker’s stock worth $154,556,803,000 after buying an additional 9,554,857 shares during the last quarter. Geode Capital Management LLC increased 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 purchasing an additional 8,521,936 shares during the last quarter. Norges Bank bought a new position in NVIDIA during the second quarter valued at approximately $51,386,863,000. Legal & General Group Plc raised its position in 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 worth $28,215,983,000 after purchasing an additional 2,623,678 shares during the period. Finally, Charles Schwab Investment Management Inc. increased its holdings in shares of 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 worth $24,594,110,000 after buying an additional 4,209,423 shares during the period. Institutional investors own 65.27% of the company’s stock.

NVIDIA News Roundup

Here are the key news stories impacting NVIDIA this week:

• Positive Sentiment: Blowout Q4 results and upbeat guidance reinforce NVDA’s growth story — analysts and investors are citing the company’s revenue beat, margin strength and strong forward guidance as proof that AI-driven capex remains robust. Bull of the Day: NVIDIA (NVDA)
• Positive Sentiment: Multiple firms are hiking price targets and reiterating buy/outperform views (e.g., Wedbush raised its PT to $300), supporting confidence in NVDA’s medium-term valuation. Upgrades amplify demand from discretionary institutional buyers. Wedbush Raises PT on NVIDIA Corporation (NVDA) Stock
• Positive Sentiment: Strategic partnerships and sovereign-AI deals (including a multiyear Meta alliance and government-backed “sovereign AI” projects) bolster expectations for large, recurring GPU deployments and confidential-computing demand. These deals feed the long-term TAM thesis. NVIDIA’s Sovereign AI Deals And Meta Alliance Shape Valuation Debate
• Positive Sentiment: NVIDIA and major telecom operators committed to building AI-native, open 6G/AI-RAN platforms at Mobile World Congress — a strategic move that positions NVDA as infrastructure provider beyond data centers into telco networks and edge AI. NVIDIA and Global Telecom Leaders Commit to Build 6G on Open and Secure AI-Native Platforms
• Positive Sentiment: Customer/partner technical validation: SynaXG demonstrated carrier-grade AI-RAN performance running concurrent 5G and AI workloads on NVIDIA AI Aerial — positive proof point for product adoption in telco and edge use cases. SynaXG Proves the Art of the Possible with Fully Software-Defined AI-RAN on NVIDIA AI Aerial
• Neutral Sentiment: Market reaction has been choppy: strong earnings were followed by a muted/volatile price response as traders debate sustainability of hyperscaler spending, technical indicators slipped below key moving averages, and some see this as a buying opportunity. NVIDIA Stock (NVDA) Opinions on Q4 Earnings Report
• Negative Sentiment: Large, repeated insider selling and mixed institutional flows are a near-term headwind for sentiment — heavy executive share sales and some fund rebalancing can amplify down-days even after solid fundamentals. NVIDIA Stock (NVDA) Opinions on Q4 Earnings Report

Insider Activity at NVIDIA

In other news, CFO Colette Kress sold 27,640 shares of the firm’s stock in a transaction dated Wednesday, February 4th. The stock was sold at an average price of $175.72, for a total transaction of $4,856,900.80. Following the completion of the transaction, the chief financial officer owned 846,772 shares in the company, valued at $148,794,775.84. This trade represents a 3.16% decrease in their ownership of the stock. The sale was disclosed in a document filed with the SEC, which is available at the SEC website. Also, EVP Ajay K. Puri sold 200,000 shares of the firm’s stock in a transaction that occurred on Wednesday, January 21st. The shares were sold at an average price of $180.04, for a total value of $36,008,000.00. Following the transaction, the executive vice president owned 3,618,547 shares of the company’s stock, valued at $651,483,201.88. This represents a 5.24% decrease in their position. The SEC filing for this sale provides additional information. Insiders have sold 1,610,848 shares of company stock worth $291,619,375 in the last quarter. 4.17% of the stock is owned by company insiders.

NVIDIA Trading Down 4.2%

NVIDIA stock opened at $177.19 on Monday. The firm has a 50 day moving average of $186.43 and a 200 day moving average of $183.88. The company has a current ratio of 3.91, a quick ratio of 3.24 and a debt-to-equity ratio of 0.05. The firm has a market capitalization of $4.31 trillion, a price-to-earnings ratio of 36.16, a P/E/G ratio of 0.62 and a beta of 2.33. NVIDIA Corporation has a 12-month low of $86.62 and a 12-month high of $212.19.

NVIDIA (NASDAQ:NVDA) last released its earnings results on Wednesday, February 25th. The computer hardware maker reported $1.62 earnings per share for the quarter, beating analysts’ consensus estimates of $1.54 by $0.08. NVIDIA had a net margin of 55.60% and a return on equity of 97.37%. The company had revenue of $68.13 billion for the quarter, compared to analysts’ expectations of $65.56 billion. During the same quarter in the previous year, the company earned $0.89 EPS. NVIDIA’s revenue for the quarter was up 73.2% on a year-over-year basis. As a group, research analysts predict that NVIDIA Corporation will post 2.77 earnings per share for the current year.

NVIDIA Dividend Announcement

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

Analyst Upgrades and Downgrades

NVDA has been the subject of a number of recent analyst reports. Susquehanna upped their price target on shares of NVIDIA from $230.00 to $250.00 and gave the company a “positive” rating in a report on Thursday, November 20th. Tigress Financial restated a “strong-buy” rating and set a $350.00 price target (up from $280.00) on shares of NVIDIA in a research report on Thursday, December 18th. Barclays restated a “buy” rating on shares of NVIDIA in a report on Thursday. Weiss Ratings reaffirmed a “buy (b-)” rating on shares of NVIDIA in a research report on Monday, December 29th. Finally, DA Davidson restated a “buy” rating and issued a $250.00 price objective on shares of NVIDIA in a report on Monday, February 23rd. Four analysts have rated the stock with a Strong Buy rating, forty-seven have given a Buy rating and two have issued a Hold rating to the company’s stock. Based on data from MarketBeat, the stock currently has a consensus rating of “Buy” and a consensus target price of $271.86.

About NVIDIA

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.