Smith Salley Wealth Management increased its position in NVIDIA Corporation by 1.3% during the third quarter, raising its holding to 808,419 shares. Following the additional 10,399 shares acquired during that period, NVIDIA represents approximately 7.8% of Smith Salley’s total portfolio. As of the end of the quarter, the firm’s NVIDIA stake was valued at $150.8 million, making it the largest single position in the fund’s equity lineup.

Corporate insiders sold a total of 1,911,474 NVIDIA shares over the past ninety days, generating proceeds of $349.6 million. Director Mark A. Stevens sold 350,000 shares on December 5, reducing his stake by 4.73%, while Director Harvey C. Jones disposed of 250,000 shares on December 15, a 3.48% reduction. These transactions follow earlier insider sales and bring total insider ownership to 4.17% of outstanding shares.

On Wall Street, NVIDIA has drawn 54 Buy ratings, five Strong Buy ratings, two Hold ratings and one Sell rating. The current consensus recommendation is Buy. Across recent research notes, five analysts have raised their price targets, with the average post-revision target standing at $262.84. Key firms affirming bullish outlooks include UBS, Wells Fargo and KeyCorp, which have all reiterated overweight or buy views in the past quarter.

In the third quarter, NVIDIA reported revenue of $57 billion—a 62.5% year-over-year increase—and non-GAAP earnings per share of $1.30, surpassing consensus estimates by $0.07. Net margin reached 53%, and return on equity exceeded 99%. Management forecasts that sustained data-center demand and AI infrastructure spending, projected to approach $4 trillion annually by 2030, will underpin continued revenue and profit expansion into 2026.