Joseph P. Lucia & Associates LLC Has $10.21 Million Holdings in NVIDIA Corporation $NVDA

Key Points

• Joseph P. Lucia & Associates LLC increased its NVIDIA stake by 5.8% in the fourth quarter, adding 2,990 shares to reach 54,755 shares valued at about $10.21 million. NVIDIA is now the firm’s third-largest holding, making up roughly 3.7% of its portfolio.
• NVIDIA continues to attract major institutional ownership, with large investors such as State Street, Geode Capital Management, Norges Bank, and others adding to positions. Overall, about 65.27% of the stock is held by institutional investors.
• The article highlights a mostly upbeat outlook for NVIDIA, including U.S. approval for some H200 chip sales to China, analyst price-target increases, and strong earnings results that beat expectations. However, risks remain from China favoring domestic chips and concerns that AI spending may be running ahead of actual utilization.

Joseph P. Lucia & Associates LLC grew its holdings in NVIDIA Corporation (NASDAQ:NVDA - Free Report) by 5.8% in the 4th quarter, according to its most recent disclosure with the Securities & Exchange Commission. The institutional investor owned 54,755 shares of the computer hardware maker's stock after acquiring an additional 2,990 shares during the period. NVIDIA accounts for approximately 3.7% of Joseph P. Lucia & Associates LLC's holdings, making the stock its 3rd largest position. Joseph P. Lucia & Associates LLC's holdings in NVIDIA were worth $10,212,000 at the end of the most recent quarter.

Other large investors also recently added to or reduced their stakes in the company. State Street Corp boosted 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 worth $154,556,803,000 after acquiring an additional 9,554,857 shares in the last quarter. Geode Capital Management LLC boosted its holdings 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 worth $91,150,170,000 after buying an additional 8,521,936 shares during the period. Norges Bank bought a new stake in shares of NVIDIA during the 2nd quarter worth $51,386,863,000. Legal & General Group Plc boosted its holdings in shares of NVIDIA by 1.5% during the 3rd quarter. Legal & General Group Plc now owns 181,203,035 shares of the computer hardware maker's stock worth $33,808,862,000 after buying an additional 2,609,560 shares during the period. Finally, Capital Research Global Investors boosted its holdings in shares of NVIDIA by 16.1% during the 3rd quarter. Capital Research Global Investors now owns 165,377,852 shares of the computer hardware maker's stock worth $30,855,564,000 after buying an additional 22,896,705 shares during the period. 65.27% of the stock is owned by institutional investors.

Key Stories Impacting NVIDIA

Here are the key news stories impacting NVIDIA this week:

• Positive Sentiment: U.S. approval for H200 chip sales to several Chinese tech giants has fueled hopes that Nvidia may finally start monetizing more of the China AI market. Reuters article
• Positive Sentiment: Jensen Huang’s presence on Trump’s China trip is being viewed as a sign that Nvidia’s trade and export issues may improve. Reuters article
• Positive Sentiment: Analysts raised price targets, reinforcing the view that the stock still has room to run before earnings. Benzinga article
• Positive Sentiment: Nvidia’s SAP partnership and broader AI infrastructure expansion support the company’s long-term enterprise AI growth narrative. Insider Monkey article
• Neutral Sentiment: Cerebras’ blockbuster IPO adds a new AI-chip rival, but it is not yet a direct threat to Nvidia’s dominant position. Yahoo Finance article
• Negative Sentiment: Some reports warn that China is still favoring domestic AI chips, which could limit how much of the approved Nvidia business actually converts into revenue. CNBC article
• Negative Sentiment: Bears are also warning that AI spending enthusiasm may be getting ahead of actual utilization, raising valuation risk for the whole sector. Finbold article

NVIDIA Price Performance

NVIDIA stock opened at $235.74 on Friday. The company has a debt-to-equity ratio of 0.05, a current ratio of 3.91 and a quick ratio of 3.24. The company has a market capitalization of $5.71 trillion, a PE ratio of 48.11, a price-to-earnings-growth ratio of 0.74 and a beta of 2.25. NVIDIA Corporation has a one year low of $129.16 and a one year high of $236.54. The business has a 50 day simple moving average of $191.52 and a 200 day simple moving average of $188.12.

NVIDIA (NASDAQ:NVDA - Get Free Report) last posted its earnings results on Wednesday, February 25th. The computer hardware maker reported $1.62 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 the consensus estimate of $65.56 billion. NVIDIA had a return on equity of 97.37% and a net margin of 55.60%.NVIDIA's revenue was up 73.2% on a year-over-year basis. During the same quarter last year, the company earned $0.89 EPS. On average, sell-side analysts forecast that NVIDIA Corporation will post 7.84 EPS for the current fiscal year.

NVIDIA Dividend Announcement

The company also recently declared a quarterly dividend, which was paid on Wednesday, April 1st. Investors of record on Wednesday, March 11th were issued 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 was Wednesday, March 11th. NVIDIA's dividend payout ratio (DPR) is currently 0.82%.

Insider Activity

In related news, EVP Ajay K. Puri sold 300,000 shares of NVIDIA stock in a transaction dated Wednesday, March 18th. The shares were sold at an average price of $182.25, for a total transaction of $54,675,000.00. Following the completion of the transaction, the executive vice president directly owned 3,018,547 shares of the company's stock, valued at $550,130,190.75. This trade represents a 9.04% decrease in their position. The sale was disclosed in a document filed with the SEC, which is available at this hyperlink. Also, CFO Colette Kress sold 42,650 shares of NVIDIA stock in a transaction dated Friday, March 20th. The shares were sold at an average price of $174.89, for a total transaction of $7,459,058.50. Following the transaction, the chief financial officer directly owned 881,387 shares of the company's stock, valued at $154,145,772.43. This represents a 4.62% decrease in their ownership of the stock. Additional details regarding this sale are available in the official SEC disclosure. Insiders sold a total of 906,336 shares of company stock worth $162,802,518 over the last ninety days. Corporate insiders own 4.17% of the company's stock.

Analyst Ratings Changes

Several analysts recently weighed in on the company. Rothschild & Co Redburn increased their target price on NVIDIA from $245.00 to $268.00 and gave the company a "buy" rating in a research note on Thursday, January 15th. Robert W. Baird increased their target price on NVIDIA from $275.00 to $300.00 and gave the company an "outperform" rating in a research note on Thursday, February 26th. Weiss Ratings reissued a "buy (b)" rating on shares of NVIDIA in a report on Friday, April 10th. Bank of America increased their price target on shares of NVIDIA from $300.00 to $320.00 and gave the company a "buy" rating in a report on Wednesday. Finally, BTIG Research started coverage on NVIDIA in a research report on Wednesday, April 15th. They issued a "buy" rating for the company. Four analysts have rated the stock with a Strong Buy rating, forty-eight have given a Buy rating and two have issued a Hold rating to the company. According to MarketBeat.com, the company currently has a consensus rating of "Buy" and a consensus price target of $275.69.

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.

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