GRIMES & Co WEALTH MANAGEMENT LLC Has $57.43 Million Holdings in NVIDIA Corporation $NVDA

Posted by Geri Gentry on Jun 1st, 2026

GRIMES & Co WEALTH MANAGEMENT LLC lifted its holdings in NVIDIA Corporation (NASDAQ:NVDA – Free Report) by 26.4% during the 4th quarter, HoldingsChannel reports. The fund owned 327,203 shares of the computer hardware maker’s stock after acquiring an additional 68,424 shares during the quarter. NVIDIA accounts for approximately 1.4% of GRIMES & Co WEALTH MANAGEMENT LLC’s holdings, making the stock its 15th largest position. GRIMES & Co WEALTH MANAGEMENT LLC’s holdings in NVIDIA were worth $57,430,000 at the end of the most recent reporting period.

Several other institutional investors and hedge funds have also modified their holdings of the business. Virtus Family Office LLC acquired a new position in shares of NVIDIA in the fourth quarter valued at about $205,000. Strengthening Families & Communities LLC lifted its position in NVIDIA by 8.6% during the fourth quarter. Strengthening Families & Communities LLC now owns 89,275 shares of the computer hardware maker’s stock worth $16,650,000 after purchasing an additional 7,057 shares during the period. CGC Financial Services LLC lifted its position in NVIDIA by 18.6% during the fourth quarter. CGC Financial Services LLC now owns 1,483 shares of the computer hardware maker’s stock worth $277,000 after purchasing an additional 233 shares during the period. Horrell Capital Management Inc. lifted its position in NVIDIA by 38.1% during the fourth quarter. Horrell Capital Management Inc. now owns 373 shares of the computer hardware maker’s stock worth $70,000 after purchasing an additional 103 shares during the period. Finally, Koshinski Asset Management Inc. lifted its position in NVIDIA by 0.6% during the fourth quarter. Koshinski Asset Management Inc. now owns 138,530 shares of the computer hardware maker’s stock worth $25,836,000 after purchasing an additional 868 shares during the period. 65.27% of the stock is currently owned by institutional investors and hedge funds.

Trending Headlines about NVIDIA

Here are the key news stories impacting NVIDIA this week:

Positive Sentiment: Investors are looking ahead to next week’s Computex conference, which could provide a fresh catalyst for NVIDIA’s AI-chip leadership and keep sentiment constructive around the stock. Why Nvidia stock is up around 1% today
Positive Sentiment: Analysts and commentators continue to point to NVIDIA as the main winner from the AI server boom, with strong demand for its chips, Blackwell products, and broader data-center ecosystem. Jim Cramer names Nvidia as the winner behind Dell rally
Positive Sentiment: News that NVIDIA is investing heavily in photonics, with billions directed toward next-generation data-center connectivity, suggests the company is trying to extend its AI leadership beyond GPUs into the next bottlenecks in AI infrastructure. Nvidia is investing billions into this emerging technology that could change the AI industry
Positive Sentiment: Truist raised its price target on NVDA to $307 and kept a Buy rating, reinforcing the view that the company’s strong quarterly results and growth outlook remain intact. NVIDIA Corporation (NVDA) Stock Update: Truist Raises Target to $307 Following Strong Quarter
Neutral Sentiment: CEO Jensen Huang’s reported advisory-board role at Tsinghua University keeps NVIDIA visible in China-related tech circles, but it is more of a corporate-profile headline than a direct earnings driver. Nvidia chief Jensen Huang to join board of Beijing’s Tsinghua University, FT reports
Negative Sentiment: Director John Dabiri sold 625 shares under a pre-arranged 10b5-1 trading plan, which is routine but can still add to investor caution when the stock is already expensive and volatile. SEC filing for John Dabiri transaction
Negative Sentiment: Several articles highlight concerns that NVIDIA’s valuation is stretched and that the stock may be struggling to extend gains after a huge AI-driven run, which can weigh on near-term trading. Nvidia And The Reality Of Paying For Perfection

Analysts Set New Price Targets

Several research firms recently weighed in on NVDA. Barclays reaffirmed an “overweight” rating on shares of NVIDIA in a research report on Thursday, May 21st. New Street Research cut their price objective on shares of NVIDIA from $343.00 to $340.00 in a research report on Thursday, May 21st. Seaport Research Partners upped their price objective on shares of NVIDIA from $140.00 to $180.00 and gave the stock a “sell” rating in a research report on Thursday, May 21st. DZ Bank reaffirmed a “buy” rating on shares of NVIDIA in a research report on Thursday, May 21st. Finally, Oppenheimer reaffirmed an “outperform” rating and set a $265.00 price objective on shares of NVIDIA in a research report on Thursday, February 26th. Three research analysts have rated the stock with a Strong Buy rating, forty-seven have assigned a Buy rating and three have given a Hold rating to the company’s stock. Based on data from MarketBeat, NVIDIA presently has an average rating of “Buy” and an average price target of $305.38.

Get Our Latest Report on NVDA

Insider Transactions at NVIDIA

In other news, Director Aarti S. Shah sold 19,000 shares of the stock in a transaction dated Thursday, March 19th. The shares were sold at an average price of $176.71, for a total value of $3,357,490.00. Following the completion of the transaction, the director owned 36,007 shares of the company’s stock, valued at approximately $6,362,796.97. This represents a 34.54% decrease in their ownership of the stock. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which can be accessed through the SEC website. Also, Director Mark A. Stevens sold 221,682 shares of the stock in a transaction dated Friday, March 20th. The stock was 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 $1,285,192,227.28. This trade represents a 2.91% decrease in their position. The SEC filing for this sale provides additional information. In the last three months, insiders have sold 906,961 shares of company stock valued at $162,936,268. 3.94% of the stock is owned by company insiders.

NVIDIA Price Performance

NVDA stock opened at $211.14 on Monday. The stock has a market capitalization of $5.11 trillion, a P/E ratio of 32.33, a price-to-earnings-growth ratio of 0.51 and a beta of 2.22. The company has a current ratio of 3.44, a quick ratio of 2.85 and a debt-to-equity ratio of 0.04. NVIDIA Corporation has a 12 month low of $132.92 and a 12 month high of $236.54. The firm has a 50-day moving average price of $199.28 and a 200-day moving average price of $189.63.

NVIDIA (NASDAQ:NVDA – Get Free Report) last posted its earnings results on Wednesday, May 20th. The computer hardware maker reported $1.87 EPS for the quarter, topping analysts’ consensus estimates of $1.76 by $0.11. The firm had revenue of $81.62 billion during the quarter, compared to analysts’ expectations of $78.42 billion. NVIDIA had a net margin of 62.97% and a return on equity of 96.94%. The business’s revenue for the quarter was up 85.2% compared to the same quarter last year. During the same quarter in the prior year, the business earned $0.81 earnings per share. As a group, equities research analysts anticipate that NVIDIA Corporation will post 8.04 EPS for the current fiscal year.

NVIDIA Increases Dividend

The business also recently announced a quarterly dividend, which will be paid on Friday, June 26th. Stockholders of record on Thursday, June 4th will be issued a $0.25 dividend. This represents a $1.00 dividend on an annualized basis and a dividend yield of 0.5%. This is an increase from NVIDIA’s previous quarterly dividend of $0.01. The ex-dividend date of this dividend is Thursday, June 4th. NVIDIA’s dividend payout ratio (DPR) is currently 0.61%.

NVIDIA declared that its Board of Directors has initiated a share repurchase plan on Wednesday, May 20th that allows the company to repurchase $80.00 billion in shares. This repurchase authorization allows the computer hardware maker to buy up to 1.5% of its stock through open market purchases. Stock repurchase plans are generally an indication that the company’s board of directors believes its shares are undervalued.

NVIDIA Company Profile

(Free Report)

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.