NVIDIA Corporation $NVDA is Primecap Management Co. CA's 7th Largest Position

Key Points

• Primecap Management reduced its NVDA stake by 7.7%, selling 1,557,050 shares to hold 18,765,600 shares (about 2.7% of its portfolio), valued at roughly $3.50 billion and representing ~0.08% of NVIDIA.
• Strategic wins and product catalysts: NVIDIA struck a multi‑year partnership and investment with Thinking Machines, is expected to unveil new AI chips, networking tech and an open‑source agent platform at GTC, and continues to show strong customer demand (including praise from OpenAI’s CEO).
• Strong quarterly results: NVIDIA reported $68.13 billion in revenue (up 73.2% year‑over‑year) and $1.62 EPS, both topping estimates, while analysts have raised price targets and maintain a consensus Buy rating.

Primecap Management Co. CA reduced its stake in NVIDIA Corporation (NASDAQ:NVDA - Free Report) by 7.7% during the 3rd quarter, according to its most recent Form 13F filing with the Securities & Exchange Commission. The institutional investor owned 18,765,600 shares of the computer hardware maker's stock after selling 1,557,050 shares during the quarter. NVIDIA comprises approximately 2.7% of Primecap Management Co. CA's portfolio, making the stock its 7th biggest holding. Primecap Management Co. CA owned approximately 0.08% of NVIDIA worth $3,501,286,000 as of its most recent filing with the Securities & Exchange Commission.

A number of other large investors have also made changes to their positions in NVDA. Winnow Wealth LLC acquired a new position in NVIDIA in the 2nd quarter valued at about $32,000. Longfellow Investment Management Co. LLC boosted its stake in shares of NVIDIA by 47.9% during the 2nd quarter. Longfellow Investment Management Co. LLC now owns 207 shares of the computer hardware maker's stock worth $33,000 after purchasing an additional 67 shares during the last quarter. Spurstone Advisory Services LLC purchased a new stake in shares of NVIDIA during the second quarter worth about $40,000. Sellwood Investment Partners LLC purchased a new stake in shares of NVIDIA during the third quarter worth about $50,000. Finally, EDENTREE ASSET MANAGEMENT Ltd acquired a new position in shares of NVIDIA in the second quarter valued at approximately $54,000. Institutional investors and hedge funds own 65.27% of the company's stock.

NVIDIA News Roundup

Here are the key news stories impacting NVIDIA this week:

• Positive Sentiment: Nvidia struck a multi‑year strategic partnership and made a significant investment in Mira Murati’s Thinking Machines Lab, which has agreed to deploy at least one gigawatt of Nvidia’s next‑gen processors — a direct multi‑year demand commitment for Nvidia hardware. AI startup Thinking Machines clinches capital and a major chip supply deal from Nvidia — Reuters
• Positive Sentiment: Analysts expect Nvidia to unveil a broader suite of specialized AI chips and networking tech at its GTC developer conference next week — an event that could drive near‑term buying if new systems and networking solutions meet investor expectations. Nvidia set to spotlight next wave of AI infrastructure at GTC — Proactive Investors
• Positive Sentiment: Reports that Nvidia is developing an open‑source AI agent platform (reported as ‘NemoClaw’/agent tools) signal a strategic push into higher‑level software/platforms that could expand TAM and deepen vendor lock‑in for its chips. Nvidia plans open‑source AI agent platform ‘NemoClaw' for enterprises — CNBC
• Positive Sentiment: Visibility into strong customer demand: OpenAI’s CEO publicly thanked Jensen Huang for accelerating Nvidia capacity at AWS, underscoring Nvidia’s central role supplying compute for leading AI customers. Sam Altman Thanks Jensen Huang As Nvidia Ramps AI Capacity — Yahoo Finance
• Neutral Sentiment: Nvidia adopted a new variable compensation plan for FY2027 setting a $4M target cash bonus for CEO Jensen Huang — a governance/compensation update that may draw attention but is unlikely to move fundamentals. NVIDIA Adopts New Variable Compensation Plan for Fiscal 2027 — InsiderMonkey (Reuters)
• Neutral Sentiment: Wall Street coverage remains active (upgrades and fresh price targets), supporting liquidity and interest; these analyst actions can sustain momentum but also amplify volatility around earnings and GTC. Wall Street sets Nvidia stock price target for next 12 months — Finbold
• Negative Sentiment: Macro and downside risks persist: geopolitical tensions (supply‑chain fears tied to Middle East conflict) and high valuation have prompted some bearish technical/price forecasts — including one analyst projecting a deep pullback if key supports fail. These risks can amplify short‑term volatility around macro headlines. Nvidia to crash to $115 on this date, expert predicts — Finbold

Insiders Place Their Bets

In related news, Director Harvey C. Jones sold 250,000 shares of the firm's stock in a transaction that occurred on Monday, December 15th. The shares were sold at an average price of $177.33, for a total value of $44,332,500.00. Following the transaction, the director owned 6,933,280 shares in the company, valued at approximately $1,229,478,542.40. This trade represents a 3.48% decrease in their ownership of the stock. The transaction was disclosed in a filing with the SEC, which is accessible through the SEC website. Also, CFO Colette Kress sold 30,500 shares of NVIDIA stock in a transaction that occurred on Friday, December 12th. The shares were sold at an average price of $178.11, for a total transaction of $5,432,355.00. Following the transaction, the chief financial officer directly owned 1,286,826 shares in the company, valued at approximately $229,196,578.86. This trade represents a 2.32% decrease in their ownership of the stock. The SEC filing for this sale provides additional information. Over the last ninety days, insiders sold 1,168,120 shares of company stock worth $210,900,814. 4.17% of the stock is owned by insiders.

NVIDIA Stock Up 1.2%

Shares of NASDAQ NVDA opened at $184.77 on Wednesday. NVIDIA Corporation has a 52-week low of $86.62 and a 52-week high of $212.19. The firm has a fifty day moving average of $185.60 and a 200-day moving average of $184.06. The stock has a market capitalization of $4.49 trillion, a PE ratio of 37.71, a P/E/G ratio of 0.62 and a beta of 2.33. 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 (NASDAQ:NVDA - Get Free Report) last issued its earnings results on Wednesday, February 25th. The computer hardware maker reported $1.62 earnings per share for the quarter, topping the consensus estimate of $1.54 by $0.08. NVIDIA had a return on equity of 97.37% and a net margin of 55.60%.The business had revenue of $68.13 billion for the quarter, compared to analyst estimates of $65.56 billion. During the same period last year, the company posted $0.89 EPS. The business's quarterly revenue was up 73.2% on a year-over-year basis. On average, analysts anticipate that NVIDIA Corporation will post 2.77 EPS for the current year.

NVIDIA Announces Dividend

The company also recently disclosed 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 dividend on an annualized basis and a dividend yield of 0.0%. The ex-dividend date is Wednesday, March 11th. NVIDIA's dividend payout ratio (DPR) is 0.82%.

Analysts Set New Price Targets

A number of analysts recently issued reports on the stock. Sanford C. Bernstein raised their target price on shares of NVIDIA from $275.00 to $300.00 and gave the stock an "outperform" rating in a research report on Thursday, February 26th. KeyCorp reiterated an "overweight" rating and issued a $275.00 price target on shares of NVIDIA in a report on Monday, February 23rd. Rothschild & Co Redburn increased their price target on NVIDIA from $245.00 to $268.00 and gave the stock a "buy" rating in a research note on Thursday, January 15th. Seaport Research Partners raised their price objective on NVIDIA from $100.00 to $140.00 and gave the stock a "sell" rating in a report on Monday, November 17th. Finally, Raymond James Financial reaffirmed a "strong-buy" rating on shares of NVIDIA in a research report on Tuesday, January 6th. Four equities research analysts have rated the stock with a Strong Buy rating, forty-seven have assigned a Buy rating and two have issued a Hold rating to the company. Based on data from MarketBeat, the company has an average rating of "Buy" and an average price target of $273.64.

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.

Want to see what other hedge funds are holding NVDA? Visit HoldingsChannel.com to get the latest 13F filings and insider trades for NVIDIA Corporation (NASDAQ:NVDA - Free Report).

This instant news alert was generated by narrative science technology and financial data from MarketBeat in order to provide readers with the fastest reporting and unbiased coverage. Please send any questions or comments about this story to contact@marketbeat.com.