Thrivent Financial for Lutherans Has $2.05 Billion Stake in NVIDIA Corporation $NVDA

Thrivent Financial for Lutherans boosted its position in NVIDIA Corporation (NASDAQ:NVDA) by 2.7% in the third quarter, Holdings Channel.com reports. The firm owned 11,013,221 shares of the computer hardware maker’s stock after buying an additional 285,846 shares during the quarter. NVIDIA comprises approximately 4.0% of Thrivent Financial for Lutherans’ investment portfolio, making the stock its largest position. Thrivent Financial for Lutherans’ holdings in NVIDIA were worth $2,054,999,000 as of its most recent filing with the Securities and Exchange Commission.

Several other hedge funds have also added to or reduced their stakes in NVDA. Harbor Asset Planning Inc. bought a new position in NVIDIA during the second quarter valued at approximately $28,000. Winnow Wealth LLC purchased a new stake in NVIDIA during the 2nd quarter valued at $32,000. Longfellow Investment Management Co. LLC lifted its holdings 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 period. Spurstone Advisory Services LLC purchased a new position in shares of NVIDIA in the 2nd quarter worth $40,000. Finally, Sellwood Investment Partners LLC purchased a new position in NVIDIA in the third quarter worth about $50,000. 65.27% of the stock is owned by institutional investors.

More NVIDIA News

Here are the key news stories impacting NVIDIA this week:

• Positive Sentiment: Wall Street expects an enormous revenue beat (models near ~$65B for the quarter), which is supporting optimism that hyperscaler capex will keep NVDA’s growth story intact. Why is Nvidia stock soaring before Q4 earnings? Here’s $65.9B reason
• Positive Sentiment: Valuation supporters note NVDA trades around ~25x FY’27 estimates — presented as a growth-at-reasonable-price opportunity if AI capex continues to accelerate. How To Trade Nvidia Ahead Of Q4 Earnings?
• Positive Sentiment: NVIDIA’s enterprise reach expands (BlueField DPU use cases); partnerships that broaden product footprint into cybersecurity and OT/ICS protection help diversify revenue beyond GPUs. Akamai and NVIDIA Launch New Agentless Cybersecurity Solution for Critical Infrastructure
• Neutral Sentiment: Analyst firms have reaffirmed bullish ratings and raised targets ahead of results, helping sentiment, but brokers question whether another beat will materially shift a market that’s cautious about where AI demand peaks. Nvidia heads into results week with the numbers almost certain to impress. The question is whether that still moves the stock
• Negative Sentiment: Competition risk: hyperscalers increasingly plan custom cheaper AI ASICs — a direct threat to NVDA’s long-term margin and volume outlook if cloud customers move workloads off Nvidia silicon. Nvidia results are AI market’s biggest test amid competitive worries
• Negative Sentiment: Geopolitical/export-control risk surfaced: a Reuters exclusive says a Chinese startup trained models on NVIDIA’s top Blackwell chip despite U.S. controls — potential regulatory, export-control and supply ramifications. Exclusive: China’s DeepSeek trained AI model on Nvidia’s best chip despite US ban, official says
• Negative Sentiment: Technical/structural risk from options and implied volatility: heavy bullish options positioning means implied volatility could collapse post-earnings, creating downside even if results beat. Traders should watch IV/gamma flows. Nvidia stock may fall sharply after earnings

Wall Street Analyst Weigh In

Several equities analysts have recently weighed in on the stock. UBS Group set a $400.00 price objective on shares of NVIDIA in a research note on Monday. Wolfe Research lifted their target price on NVIDIA from $250.00 to $275.00 and gave the company an “outperform” rating in a research report on Friday, January 30th. Zacks Research downgraded shares of NVIDIA from a “strong-buy” rating to a “hold” rating in a research report on Monday, January 12th. Tigress Financial restated a “strong-buy” rating and issued a $350.00 price target (up from $280.00) on shares of NVIDIA in a research note on Thursday, December 18th. Finally, Cantor Fitzgerald reissued an “overweight” rating on shares of NVIDIA in a research note on Monday. Four analysts have rated the stock with a Strong Buy rating, forty-six have given a Buy rating and two have given a Hold rating to the company’s stock. According to MarketBeat, the stock has an average rating of “Buy” and a consensus target price of $267.73.

NVIDIA Trading Up 0.9%

Shares of NASDAQ NVDA opened at $191.55 on Tuesday. NVIDIA Corporation has a 1-year low of $86.62 and a 1-year high of $212.19. The business has a fifty day moving average price of $185.50 and a 200 day moving average price of $183.73. The stock has a market capitalization of $4.65 trillion, a P/E ratio of 47.53, a price-to-earnings-growth ratio of 0.57 and a beta of 2.31. The company has a debt-to-equity ratio of 0.06, a current ratio of 4.47 and a quick ratio of 3.71.

Insider Activity

In other news, Director Mark A. Stevens sold 350,000 shares of NVIDIA stock in a transaction on Friday, December 5th. The shares were sold at an average price of $181.73, for a total transaction of $63,605,500.00. Following the completion of the sale, the director directly owned 7,049,803 shares in the company, valued at approximately $1,281,160,699.19. The trade was a 4.73% 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, Director Harvey C. Jones sold 250,000 shares of the company’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 completion of the sale, 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 position. The disclosure for this sale is available in the SEC filing. Over the last quarter, insiders have sold 1,610,848 shares of company stock valued at $291,619,375. 4.17% of the stock is owned by company insiders.

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.