Teacher Retirement System of Texas Has $1.43 Billion Position in NVIDIA Corporation $NVDA

Teacher Retirement System of Texas lifted its position in shares of NVIDIA Corporation (NASDAQ:NVDA) by 11.4% in the fourth quarter, HoldingsChannel reports. The fund owned 7,657,821 shares of the computer hardware maker’s stock after buying an additional 784,099 shares during the period. NVIDIA accounts for approximately 4.9% of Teacher Retirement System of Texas’ investment portfolio, making the stock its 2nd largest holding. Teacher Retirement System of Texas’ holdings in NVIDIA were worth $1,428,184,000 as of its most recent SEC filing.

Other institutional investors and hedge funds also recently made changes to their positions in the company. Longfellow Investment Management Co. LLC raised its position in shares of NVIDIA by 47.9% during the second quarter. Longfellow Investment Management Co. LLC now owns 207 shares of the computer hardware maker’s stock worth $33,000 after acquiring an additional 67 shares during the last quarter. Spurstone Advisory Services LLC bought a new stake in shares of NVIDIA during the second quarter worth approximately $40,000. Sellwood Investment Partners LLC bought a new stake in shares of NVIDIA during the third quarter worth approximately $50,000. Networth Advisors LLC bought a new stake in shares of NVIDIA during the fourth quarter worth approximately $51,000. Finally, EDENTREE ASSET MANAGEMENT Ltd bought a new stake in shares of NVIDIA during the second quarter worth approximately $54,000. Institutional investors own 65.27% of the company’s stock.

Analysts Set New Price Targets

A number of equities research analysts recently weighed in on NVDA shares. Zacks Research raised shares of NVIDIA from a “hold” rating to a “strong-buy” rating in a research note on Wednesday, February 25th. New Street Research dropped their price target on shares of NVIDIA from $307.00 to $275.00 and set a “buy” rating for the company in a research note on Tuesday, March 31st. Sanford C. Bernstein reissued a “buy” rating on shares of NVIDIA in a research note on Friday, April 17th. Rothschild & Co Redburn upped their price objective on NVIDIA from $245.00 to $268.00 and gave the company a “buy” rating in a report on Thursday, January 15th. Finally, JPMorgan Chase & Co. upped their price objective on NVIDIA from $250.00 to $265.00 and gave the company an “overweight” rating in a report on Thursday, February 26th. Four investment analysts have rated the stock with a Strong Buy rating, forty-eight have issued a Buy rating and two have assigned a Hold rating to the company. According to data from MarketBeat.com, the stock has an average rating of “Buy” and an average target price of $275.69.

Insider Buying and Selling at NVIDIA

In related news, EVP Ajay K. Puri sold 300,000 shares of the firm’s stock in a transaction on Wednesday, March 18th. The shares were sold at an average price of $182.25, for a total value of $54,675,000.00. Following the completion of the transaction, the executive vice president owned 3,018,547 shares of the company’s stock, valued at approximately $550,130,190.75. This trade represents a 9.04% decrease in their ownership of the stock. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is accessible through this hyperlink. Also, Director Mark A. Stevens sold 221,682 shares of the firm’s stock in a transaction on Friday, March 20th. The shares were sold at an average price of $173.68, for a total transaction of $38,501,729.76. Following the completion of the transaction, the director directly owned 7,399,771 shares of the company’s stock, valued at approximately $1,285,192,227.28. This trade represents a 2.91% decrease in their position. Additional details regarding this sale are available in the official SEC disclosure. Insiders sold 906,336 shares of company stock valued at $162,802,518 in the last 90 days. 4.17% of the stock is currently owned by corporate insiders.

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 Stock Up 4.4%

Shares of NVDA stock opened at $235.74 on Friday. The firm has a fifty day moving average of $191.52 and a 200-day moving average of $188.12. 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 12-month low of $129.16 and a 12-month high of $236.54. The company has a market capitalization of $5.71 trillion, a price-to-earnings ratio of 48.11, a P/E/G ratio of 0.74 and a beta of 2.25.

NVIDIA (NASDAQ:NVDA) last issued its quarterly earnings data 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 company had revenue of $68.13 billion during the quarter, compared to the consensus estimate of $65.56 billion. NVIDIA had a net margin of 55.60% and a return on equity of 97.37%. The firm’s revenue was up 73.2% compared to the same quarter last year. During the same quarter in the prior year, the firm earned $0.89 earnings per share. As a group, equities research analysts predict that NVIDIA Corporation will post 7.84 earnings per share for the current fiscal year.

NVIDIA Announces Dividend

The company also recently disclosed 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. The ex-dividend date was Wednesday, March 11th. This represents a $0.04 dividend on an annualized basis and a dividend yield of 0.0%. NVIDIA’s dividend payout ratio (DPR) is presently 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.