NVIDIA Corporation $NVDA Shares Purchased by GRIMES & Co WEALTH MANAGEMENT LLC

GRIMES & Co WEALTH MANAGEMENT LLC boosted its position in shares of NVIDIA Corporation (NASDAQ:NVDA) by 15.5% in the third quarter, according to the company in its most recent filing with the SEC. The firm owned 258,779 shares of the computer hardware maker’s stock after acquiring an additional 34,715 shares during the quarter. NVIDIA comprises about 1.2% of GRIMES & Co WEALTH MANAGEMENT LLC’s portfolio, making the stock its 16th largest position. GRIMES & Co WEALTH MANAGEMENT LLC’s holdings in NVIDIA were worth $48,283,000 at the end of the most recent reporting period.

A number of other hedge funds have also modified their holdings of the company. Harbor Asset Planning Inc. purchased a new position in shares of NVIDIA during the second quarter worth $28,000. Winnow Wealth LLC acquired a new stake in NVIDIA during the 2nd quarter worth about $32,000. Longfellow Investment Management Co. LLC raised 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 valued at $33,000 after buying an additional 67 shares during the last quarter. Spurstone Advisory Services LLC acquired a new position in shares of NVIDIA in the 2nd quarter valued at about $40,000. Finally, EDENTREE ASSET MANAGEMENT Ltd purchased a new stake in shares of NVIDIA in the second quarter worth about $54,000. 65.27% of the stock is owned by institutional investors and hedge funds.

NVIDIA Stock Up 0.5%

NVDA stock opened at $192.51 on Friday. NVIDIA Corporation has a 52 week low of $86.62 and a 52 week high of $212.19. The company has a quick ratio of 3.71, a current ratio of 4.47 and a debt-to-equity ratio of 0.06. The firm has a 50-day simple moving average of $183.85 and a 200-day simple moving average of $182.27. The stock has a market capitalization of $4.68 trillion, a P/E ratio of 47.77, a P/E/G ratio of 0.93 and a beta of 2.31.

NVIDIA (NASDAQ:NVDA) last issued its quarterly earnings results on Wednesday, November 19th. The computer hardware maker reported $1.30 earnings per share for the quarter, beating analysts’ consensus estimates of $1.23 by $0.07. NVIDIA had a net margin of 53.01% and a return on equity of 99.24%. The firm had revenue of $57.01 billion for the quarter, compared to analyst estimates of $54.66 billion. During the same period last year, the company posted $0.81 EPS. NVIDIA’s quarterly revenue was up 62.5% compared to the same quarter last year. Equities analysts forecast that NVIDIA Corporation will post 2.77 earnings per share for the current fiscal year.

NVIDIA Dividend Announcement

The company also recently disclosed a quarterly dividend, which was paid on Friday, December 26th. Investors of record on Thursday, December 4th were paid a $0.01 dividend. This represents a $0.04 annualized dividend and a yield of 0.0%. The ex-dividend date of this dividend was Thursday, December 4th. NVIDIA’s dividend payout ratio is currently 0.99%.

Key Headlines Impacting NVIDIA

Here are the key news stories impacting NVIDIA this week:

• Positive Sentiment: Nvidia is reportedly in talks with Microsoft and Amazon to co‑invest in a large new funding round for OpenAI, a move that would deepen Nvidia’s commercial ties to the largest AI software consumer and could boost long‑term GPU demand. Reuters: Nvidia, Microsoft, Amazon in talks to invest up to $60 billion in OpenAI
• Positive Sentiment: Progress on China approvals for the H200 chip (reports that licences/imports are being cleared and finalized) reduces a major sales overhang and opens a large market for Nvidia’s high‑end datacenter GPUs. Reuters: Nvidia CEO says H200 licence for China is being finalised
• Positive Sentiment: Nvidia doubled down on CoreWeave with a $2B investment to accelerate AI data‑center buildouts — a strategic move that secures deployment capacity for Nvidia GPUs and signals strong enterprise demand. CoreWeave press release
• Positive Sentiment: High‑profile bullish commentary (Jim Cramer and others) is helping sentiment; Cramer dismissed “circular deals” chatter and urged long‑term ownership, supporting retail and momentum flows. MSN: Jim Cramer on Nvidia
• Neutral Sentiment: Microsoft says it will continue buying AI chips from Nvidia and AMD even as it deploys its own in‑house chips — a demand confirmation but also a reminder hyperscalers are diversifying suppliers. TechCrunch: Microsoft won’t stop buying AI chips from Nvidia
• Neutral Sentiment: Analysts note NVDA’s rich valuation (Zacks: ~41x forward earnings) — bullish on AI tailwinds but flagging execution/valuation risk; price targets still imply upside, so sentiment is mixed. Zacks: NVDA at 41x forward earnings
• Neutral Sentiment: Nvidia scheduled its Q4/FY‑2026 results call for Feb. 25 — an important catalyst where guidance and data‑center/China commentary could move the stock. QuiverQuant: NVDA earnings call Feb. 25
• Negative Sentiment: Reuters reports a U.S. lawmaker said Nvidia helped China’s DeepSeek refine models later used by the Chinese military — a regulatory/political risk that could invite tougher export scrutiny or congressional attention. Reuters: Nvidia helped DeepSeek hone AI models
• Negative Sentiment: Reports that Amazon and Google are making significant moves in AI chips signal intensifying competition — investors should watch margin and share‑of‑wallet dynamics over coming quarters. NYTimes: Amazon and Google eat into Nvidia’s AI chip supremacy

Wall Street Analyst Weigh In

Several research analysts recently weighed in on NVDA shares. The Goldman Sachs Group reiterated a “buy” rating and set a $240.00 price target (up from $210.00) on shares of NVIDIA in a research report on Friday, October 31st. Piper Sandler reiterated an “overweight” rating on shares of NVIDIA in a research note on Thursday, January 8th. Deutsche Bank Aktiengesellschaft raised their price target on shares of NVIDIA from $180.00 to $215.00 and gave the company a “hold” rating in a research report on Thursday, November 20th. Bank of America reiterated a “buy” rating and issued a $275.00 price objective on shares of NVIDIA in a research report on Friday, December 26th. Finally, Citigroup reissued a “buy” rating on shares of NVIDIA in a research note on Monday, December 29th. Four research 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. According to data from MarketBeat, the stock presently has an average rating of “Buy” and an average price target of $263.41.

Insider Buying and Selling

In other NVIDIA news, CFO Colette Kress sold 30,500 shares of NVIDIA stock in a transaction 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 sale, the chief financial officer owned 1,286,826 shares of the company’s stock, valued at $229,196,578.86. The trade was a 2.32% decrease in their position. The sale was disclosed in a document filed with the SEC, which is available through this hyperlink. Also, EVP Debora Shoquist sold 80,000 shares of the stock in a transaction dated Thursday, December 11th. The shares were sold at an average price of $178.90, for a total transaction of $14,312,000.00. Following the completion of the sale, the executive vice president owned 1,494,443 shares of the company’s stock, valued at $267,355,852.70. This trade represents a 5.08% decrease in their ownership of the stock. The disclosure for this sale is available in the SEC filing. Insiders have sold a total of 1,611,474 shares of company stock worth $293,285,232 in the last ninety days. Company insiders own 4.17% of the company’s stock.

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.