Palmer Knight Co Cuts Stock Position in NVIDIA Corporation $NVDA

Palmer Knight Co decreased its stake in shares of NVIDIA Corporation (NASDAQ:NVDA) by 16.6% in the third quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission. The fund owned 22,153 shares of the computer hardware maker’s stock after selling 4,400 shares during the quarter. NVIDIA comprises about 2.0% of Palmer Knight Co’s investment portfolio, making the stock its 27th biggest holding. Palmer Knight Co’s holdings in NVIDIA were worth $4,133,000 as of its most recent filing with the Securities and Exchange Commission.

A number of other institutional investors have also recently modified their holdings of NVDA. Center for Financial Planning Inc. grew its holdings in shares of NVIDIA by 4.6% in the second quarter. Center for Financial Planning Inc. now owns 8,429 shares of the computer hardware maker’s stock worth $1,332,000 after acquiring an additional 367 shares during the period. Atria Investments Inc boosted its position in NVIDIA by 3.2% in the second quarter. Atria Investments Inc now owns 942,208 shares of the computer hardware maker’s stock worth $148,859,000 after purchasing an additional 29,479 shares during the last quarter. Svenska Handelsbanken AB publ bought a new stake in shares of NVIDIA during the 3rd quarter valued at about $37,316,000. Oak Ridge Investments LLC increased its position in shares of NVIDIA by 2.2% during the 3rd quarter. Oak Ridge Investments LLC now owns 970,860 shares of the computer hardware maker’s stock valued at $181,143,000 after purchasing an additional 20,559 shares during the last quarter. Finally, Whalen Wealth Management Inc. increased its position in shares of NVIDIA by 20.3% during the 3rd quarter. Whalen Wealth Management Inc. now owns 36,490 shares of the computer hardware maker’s stock valued at $6,808,000 after purchasing an additional 6,162 shares during the last quarter. 65.27% of the stock is owned by hedge funds and other institutional investors.

Wall Street Analyst Weigh In

Several brokerages recently issued reports on NVDA. The Goldman Sachs Group restated a “buy” rating and set a $240.00 target price (up from $210.00) on shares of NVIDIA in a research report on Friday, October 31st. Mizuho set a $275.00 price objective on shares of NVIDIA and gave the company an “outperform” rating in a research report on Friday, January 9th. KeyCorp restated an “overweight” rating and issued a $275.00 price objective on shares of NVIDIA in a research note on Monday. Robert W. Baird reiterated an “outperform” rating and set a $275.00 target price on shares of NVIDIA in a research report on Friday, December 26th. Finally, Jefferies Financial Group restated a “buy” rating and issued a $275.00 price target (up from $250.00) on shares of NVIDIA in a research report on Friday, January 16th. Three investment analysts have rated the stock with a Strong Buy rating, forty-seven have issued a Buy rating and two have issued a Hold rating to the company. According to data from MarketBeat, the company presently has an average rating of “Buy” and an average price target of $267.50.

NVIDIA News Summary

Here are the key news stories impacting NVIDIA this week:

• Positive Sentiment: Wall Street expects massive Q4 revenue (street chatter ~ $65B / ~68% YoY) — that optimism is supporting the rally. Why is Nvidia stock soaring
• Positive Sentiment: Analysts and brokers have reiterated buy/outperform ratings and higher targets ahead of results (Wedbush, Truist, DA Davidson, KeyCorp coverage), supporting demand. Wedbush and Truist reiterate buy
• Positive Sentiment: Sector tailwind — the semiconductor index is near record highs and a broad market rally ahead of NVDA earnings is lifting the stock. Semis Hit Highs Before NVIDIA
• Positive Sentiment: New enterprise wins/partnerships (Akamai integration for critical-infrastructure cybersecurity using NVIDIA BlueField DPUs) expand enterprise TAM beyond GPUs. Akamai and NVIDIA launch solution
• Positive Sentiment: Corporate returns: Nvidia is scheduled to pay a dividend next month — a small but supportive sign for income-focused holders. Dividend announcement
• Neutral Sentiment: Heavy options/derivatives activity: traders are positioning for a big post-earnings move, increasing intraday volatility even if fundamentals meet expectations. Options strategies ahead of earnings
• Neutral Sentiment: AI infrastructure rotation: suppliers and fiber/optical plays (e.g., Corning) are rallying, which underpins long-term datacenter demand for NVIDIA chips but shifts some capital away from pure-chip names. Corning pivot to AI infrastructure
• Negative Sentiment: Export-control / China risk: U.S. officials say H200 chips have not been shipped to China — short-term revenue exposure and regulatory scrutiny remain a risk. China H200 shipment update
• Negative Sentiment: Compliance and reputational risk: reports that a Chinese startup trained a model on NVIDIA’s best chip despite bans raise enforcement and policy uncertainty. DeepSeek trained on Blackwell despite ban
• Negative Sentiment: Competitive pressure and ASIC fears: hyperscalers pursuing custom chips and broader AI-chip competition (Google, in-house ASICs) are a recurring concern that could temper long-term margin/growth expectations. AI competition & risks

NVIDIA Price Performance

NASDAQ:NVDA opened at $192.85 on Wednesday. The business’s 50-day simple moving average is $185.80 and its two-hundred day simple moving average is $183.80. NVIDIA Corporation has a 52 week low of $86.62 and a 52 week high of $212.19. The stock has a market cap of $4.69 trillion, a PE ratio of 47.85, a P/E/G ratio of 0.58 and a beta of 2.31. The company has a quick ratio of 3.71, a current ratio of 4.47 and a debt-to-equity ratio of 0.06.

Insiders Place Their Bets

In related news, Director Harvey C. Jones sold 250,000 shares of the company’s stock in a transaction on Monday, December 15th. The shares were sold at an average price of $177.33, for a total transaction of $44,332,500.00. Following the completion of the transaction, the director owned 6,933,280 shares in the company, valued at approximately $1,229,478,542.40. This represents a 3.48% decrease in their ownership of the stock. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which can be accessed through this hyperlink. Also, Director Mark A. Stevens sold 222,500 shares of the firm’s stock in a transaction on Friday, December 19th. The shares were sold at an average price of $180.17, for a total transaction of $40,087,825.00. Following the transaction, the director directly owned 7,621,453 shares of the company’s stock, valued at $1,373,157,187.01. The trade was a 2.84% decrease in their ownership of the stock. Additional details regarding this sale are available in the official SEC disclosure. Insiders sold a total of 1,610,848 shares of company stock worth $291,619,375 over the last quarter. Company insiders own 4.17% of the company’s stock.

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.