New York Life Investment Management LLC Has $620.08 Million Stock Holdings in NVIDIA Corporation $NVDA

Key Points

• New York Life Investment Management raised its stake to 3,323,388 NVIDIA shares (an increase of 3,911 shares), valued at about $620.08 million, making NVDA 5.5% of its portfolio and its largest holding.
• NVIDIA reported a blockbuster quarter—EPS $1.62 vs. $1.54 expected and revenue $68.13 billion (up 73.2% YoY)—but the stock has faced near-term resistance and elevated volatility despite the results.
• Insiders have sold heavily (1.598 million shares worth ~$289 million in the last 90 days) even as analysts remain largely bullish (consensus rating "Buy" with a $273.41 average price target) and enterprise inference demand (Akamai/CoreWeave) is increasing.

New York Life Investment Management LLC increased its position in shares of NVIDIA Corporation (NASDAQ:NVDA - Free Report) by 0.1% during the 3rd quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The firm owned 3,323,388 shares of the computer hardware maker's stock after purchasing an additional 3,911 shares during the period. NVIDIA accounts for 5.5% of New York Life Investment Management LLC's portfolio, making the stock its largest holding. New York Life Investment Management LLC's holdings in NVIDIA were worth $620,078,000 at the end of the most recent quarter.

Other large investors also recently modified their holdings of the company. Waterfront Wealth Inc. boosted its holdings in NVIDIA by 4.5% in the 3rd quarter. Waterfront Wealth Inc. now owns 11,793 shares of the computer hardware maker's stock worth $2,116,000 after buying an additional 506 shares during the period. Two West Capital Advisors LLC lifted its position in shares of NVIDIA by 2.0% in the third quarter. Two West Capital Advisors LLC now owns 2,862 shares of the computer hardware maker's stock valued at $533,000 after acquiring an additional 56 shares in the last quarter. Sunesis Advisors LLC purchased a new position in shares of NVIDIA in the third quarter valued at about $2,583,000. Gateway Wealth Partners LLC boosted its stake in shares of NVIDIA by 26.3% in the third quarter. Gateway Wealth Partners LLC now owns 48,371 shares of the computer hardware maker's stock worth $9,025,000 after acquiring an additional 10,064 shares during the period. Finally, Lantz Financial LLC grew its position in shares of NVIDIA by 4.9% during the third quarter. Lantz Financial LLC now owns 42,602 shares of the computer hardware maker's stock worth $7,949,000 after purchasing an additional 1,997 shares in the last quarter. Hedge funds and other institutional investors own 65.27% of the company's stock.

Analyst Upgrades and Downgrades

NVDA has been the topic of a number of research analyst reports. Citic Securities boosted their price target on NVIDIA from $237.00 to $242.00 and gave the stock a "buy" rating in a report on Thursday, November 20th. UBS Group set a $400.00 target price on shares of NVIDIA in a report on Monday, February 23rd. Wells Fargo & Company reaffirmed an "overweight" rating on shares of NVIDIA in a research note on Monday, December 29th. Needham & Company LLC reiterated a "buy" rating and issued a $240.00 price target on shares of NVIDIA in a report on Thursday, February 26th. Finally, Seaport Research Partners increased their price objective on shares of NVIDIA from $100.00 to $140.00 and gave the company a "sell" rating in a report on Monday, November 17th. Four analysts have rated the stock with a Strong Buy rating, forty-seven have issued a Buy rating and two have assigned a Hold rating to the company. According to MarketBeat, NVIDIA currently has an average rating of "Buy" and a consensus price target of $273.41.

Insider Activity

In other news, EVP Debora Shoquist sold 80,000 shares of the stock in a transaction that occurred on Thursday, December 11th. The stock was sold at an average price of $178.90, for a total value of $14,312,000.00. Following the sale, the executive vice president directly owned 1,494,443 shares in the company, valued at approximately $267,355,852.70. This represents a 5.08% decrease in their ownership of the stock. The sale was disclosed in a filing with the SEC, which can be accessed through the SEC website. Also, EVP Ajay K. Puri sold 200,000 shares of the business's stock in a transaction on Wednesday, January 7th. The shares were sold at an average price of $187.82, for a total value of $37,564,000.00. Following the transaction, the executive vice president owned 3,818,547 shares of the company's stock, valued at approximately $717,199,497.54. The trade was a 4.98% decrease in their position. The SEC filing for this sale provides additional information. In the last 90 days, insiders have sold 1,598,120 shares of company stock valued at $289,278,314. 4.17% of the stock is currently owned by corporate insiders.

More NVIDIA News

Here are the key news stories impacting NVIDIA this week:

• Positive Sentiment: Large inference demand validated — Akamai announced deployments of thousands of NVIDIA Blackwell GPUs to power distributed AI inference, signaling durable enterprise demand for NVIDIA’s inference stack. Akamai to Deploy Thousands of NVIDIA Blackwell GPUs
• Positive Sentiment: Inference shift highlighted by ecosystem deals — Partners and cloud specialists (e.g., CoreWeave/Perplexity) are closing large inference-focused contracts, which increases recurring, high‑utilization GPU demand that benefits NVIDIA’s hardware and software ecosystem. CoreWeave Deal Signals Inference Market
• Positive Sentiment: Wall Street backing and higher price targets — Several broker notes and upgrades (including a notable Wedbush hike) have pushed bullish analyst sentiment and bigger multi‑quarter price targets, supporting upside expectations. Wedbush Raises NVDA Price Target to $300
• Neutral Sentiment: CEO signals end to large private stakes in OpenAI/Anthropic — Jensen Huang said the recent ~$30B OpenAI investment “might be the last” and that a $100B stake is unlikely as OpenAI prepares to IPO; that changes the path to future strategic ownership but reduces ambiguity around large private commitments. Reuters: Nvidia will not be able to invest $100 billion in OpenAI
• Negative Sentiment: Market remains wary despite blowout quarter — NVDA reported blockbuster results in late February, but the stock has struggled to clear near‑term resistance and some traders view the post‑earnings pullback and rotation into specialized inference clouds as signs of profit‑taking and higher short‑term volatility. 247WallSt: Blowout earnings weren’t enough to fuel an NVIDIA breakout

NVIDIA Stock Up 1.7%

NASDAQ NVDA opened at $183.04 on Thursday. The company has a quick ratio of 3.24, a current ratio of 3.91 and a debt-to-equity ratio of 0.05. NVIDIA Corporation has a 52 week low of $86.62 and a 52 week high of $212.19. The firm has a market capitalization of $4.45 trillion, a price-to-earnings ratio of 37.36, a PEG ratio of 0.61 and a beta of 2.33. The company has a fifty day moving average of $186.12 and a two-hundred day moving average of $183.87.

NVIDIA (NASDAQ:NVDA - Get Free Report) last released its earnings results on Wednesday, February 25th. The computer hardware maker reported $1.62 earnings per share (EPS) for the quarter, topping the consensus estimate of $1.54 by $0.08. The firm had revenue of $68.13 billion during the quarter, compared to analyst estimates of $65.56 billion. NVIDIA had a net margin of 55.60% and a return on equity of 97.37%. The business's revenue was up 73.2% on a year-over-year basis. During the same quarter last year, the business earned $0.89 EPS. On average, analysts predict that NVIDIA Corporation will post 2.77 earnings per share for the current year.

NVIDIA Announces Dividend

The firm also recently announced a quarterly dividend, which will be paid on Wednesday, April 1st. Shareholders of record on Wednesday, March 11th will be given a dividend of $0.01 per share. This represents a $0.04 annualized dividend and a dividend yield of 0.0%. The ex-dividend date is Wednesday, March 11th. NVIDIA's payout ratio is 0.82%.

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.

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