NVIDIA Corporation $NVDA Stock Holdings Lifted by Portside Wealth Group LLC

Portside Wealth Group LLC boosted its position in shares of NVIDIA Corporation (NASDAQ:NVDA) by 5.2% in the second quarter, HoldingsChannel reports. The institutional investor owned 137,669 shares of the computer hardware maker’s stock after acquiring an additional 6,841 shares during the quarter. NVIDIA makes up approximately 3.2% of Portside Wealth Group LLC’s holdings, making the stock its 5th biggest holding. Portside Wealth Group LLC’s holdings in NVIDIA were worth $27,546,000 at the end of the most recent quarter.

Several other institutional investors have also added to or reduced their stakes in NVDA. Lifetime Wealth Management P.C. purchased a new stake in NVIDIA during the 4th quarter valued at $26,000. Longview Financial Advisors Inc. bought a new position in shares of NVIDIA during the first quarter valued at $27,000. Longfellow Investment Management Co. LLC lifted its holdings 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 valued at $33,000 after purchasing an additional 67 shares in the last quarter. Phillip James Consulting Co. purchased a new stake in shares of NVIDIA during the first quarter valued at $40,000. Finally, Inspire Investing LLC bought a new stake in NVIDIA in the 4th quarter worth about $44,000. Hedge funds and other institutional investors own 65.27% of the company’s stock.

Analyst Ratings Changes

A number of research analysts recently weighed in on NVDA shares. Melius Research set a $400.00 target price on shares of NVIDIA in a research note on Thursday, May 21st. Wells Fargo & Company reissued an “overweight” rating and set a $315.00 price target on shares of NVIDIA in a report on Tuesday, August 11th. The Goldman Sachs Group restated a “buy” rating on shares of NVIDIA in a research report on Tuesday, August 11th. Zacks Research lowered NVIDIA from a “strong-buy” rating to a “hold” rating in a research note on Friday, August 21st. Finally, Benchmark reiterated a “buy” rating on shares of NVIDIA in a research report on Friday, August 21st. One research analyst has rated the stock with a Strong Buy rating, fifty have issued a Buy rating and three have given a Hold rating to the company’s stock. According to MarketBeat.com, the company has a consensus rating of “Moderate Buy” and a consensus target price of $308.46.

Insiders Place Their Bets

In other NVIDIA news, Director Stephen C. Neal sold 15,500 shares of the stock in a transaction on Wednesday, June 3rd. The shares were sold at an average price of $215.73, for a total transaction of $3,343,815.00. Following the completion of the transaction, the director owned 116,135 shares in the company, valued at $25,053,803.55. This trade represents a 11.77% decrease in their ownership of the stock. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is available through this link. Also, Director Mark A. Stevens sold 885,000 shares of NVIDIA stock in a transaction on Thursday, June 18th. The stock was sold at an average price of $210.17, for a total transaction of $186,000,450.00. Following the completion of the transaction, the director directly owned 5,207,271 shares of the company’s stock, valued at $1,094,412,146.07. The trade was a 14.53% decrease in their ownership of the stock. Additional details regarding this sale are available in the official SEC disclosure. In the last ninety days, insiders have sold 1,900,500 shares of company stock worth $410,449,265. 3.94% of the stock is owned by insiders.

Key Stories Impacting NVIDIA

Here are the key news stories impacting NVIDIA this week:

• Positive Sentiment: NVIDIA reported record fiscal Q2 revenue of $96.2 billion, up 106% year over year, while adjusted earnings per share of $2.22 exceeded the $2.09 consensus estimate. Data Center revenue rose 117% to $89.0 billion, confirming continued hyperscaler and AI-infrastructure demand. NVIDIA reports earnings beat as revenue more than doubles
• Positive Sentiment: Management forecast fiscal Q3 revenue of approximately $108 billion, above Wall Street expectations, and said fiscal 2028 revenue is expected to grow about 70%. The Vera Rubin platform is ramping into full production, supporting the longer-term growth outlook. Nvidia forecasts quarterly revenue above estimates
• Positive Sentiment: NVIDIA expanded its partnership with Amazon Web Services to deliver up to 2 million additional GPUs and next-generation AI infrastructure. The company also announced financing partnerships with major investment firms intended to mobilize more than $500 billion for AI buildouts, potentially expanding its customer base. AWS and NVIDIA to deliver 2 million additional GPUs
• Neutral Sentiment: Profitability remains exceptionally strong, with a 75% Q2 gross margin, $59.7 billion in GAAP net income and approximately $26 billion returned through buybacks and dividends. However, operating expenses increased 55% year over year, and investors are monitoring whether spending and investments will rise faster than earnings. NVIDIA announces financial results for second quarter fiscal 2027
• Negative Sentiment: Fiscal Q3 gross-margin guidance of approximately 74% is below Q2’s 75%, giving investors a reason to take profits despite the revenue beat. The outlook also assumes no Data Center compute revenue from China, highlighting regulatory and market-access risks. Nvidia forecasts quarterly revenue above estimates
• Negative Sentiment: Investors remain concerned that custom chips from customers such as OpenAI and Microsoft could gradually reduce demand for NVIDIA GPUs in inference workloads. Analysts also questioned whether NVIDIA’s investments and compute-financing initiatives could create circular-financing concerns. OpenAI’s Jalapeño AI chip brings new threat to Nvidia margins

NVIDIA Stock Down 1.6%

Shares of NVDA opened at $209.66 on Thursday. The stock has a market capitalization of $5.07 trillion, a price-to-earnings ratio of 32.11, a price-to-earnings-growth ratio of 0.42 and a beta of 2.23. NVIDIA Corporation has a 1 year low of $164.07 and a 1 year high of $236.54. The business’s 50 day simple moving average is $207.61 and its 200-day simple moving average is $200.35. The company has a debt-to-equity ratio of 0.04, a current ratio of 3.44 and a quick ratio of 2.85.

NVIDIA (NASDAQ:NVDA) last posted its earnings results on Wednesday, August 26th. The computer hardware maker reported $2.22 EPS for the quarter, beating analysts’ consensus estimates of $2.09 by $0.13. NVIDIA had a return on equity of 96.94% and a net margin of 62.97%.The firm had revenue of $96.22 billion during the quarter, compared to the consensus estimate of $92.27 billion. During the same period in the prior year, the company earned $1.05 EPS. The company’s quarterly revenue was up 105.9% compared to the same quarter last year. As a group, equities analysts expect that NVIDIA Corporation will post 8.8 earnings per share for the current fiscal year.

NVIDIA announced that its board has initiated a stock repurchase plan on Wednesday, May 20th that authorizes the company to repurchase $80.00 billion in shares. This repurchase authorization authorizes the computer hardware maker to purchase up to 1.5% of its shares through open market purchases. Shares repurchase plans are often a sign that the company’s board of directors believes its shares are undervalued.

About NVIDIA

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.