Rockport Wealth LLC Has $20.10 Million Stock Position in NVIDIA Corporation $NVDA

Rockport Wealth LLC raised its stake in shares of NVIDIA Corporation (NASDAQ:NVDA) by 17.7% in the first quarter, according to the company in its most recent disclosure with the SEC. The firm owned 115,161 shares of the computer hardware maker’s stock after acquiring an additional 17,358 shares during the quarter. NVIDIA makes up 3.7% of Rockport Wealth LLC’s portfolio, making the stock its 8th largest holding. Rockport Wealth LLC’s holdings in NVIDIA were worth $20,098,000 as of its most recent filing with the SEC.

Several other large investors have also made changes to their positions in the company. Wealthfront Advisers LLC boosted its stake in NVIDIA by 1.8% in the first quarter. Wealthfront Advisers LLC now owns 4,363,766 shares of the computer hardware maker’s stock worth $761,041,000 after purchasing an additional 76,404 shares in the last quarter. RFG Bristol Wealth Advisors LLC grew its holdings in shares of NVIDIA by 6.6% during the first quarter. RFG Bristol Wealth Advisors LLC now owns 14,463 shares of the computer hardware maker’s stock worth $2,522,000 after purchasing an additional 895 shares during the last quarter. Navigation Group LLC acquired a new stake in shares of NVIDIA in the first quarter valued at $4,208,000. Beaumont Financial Advisors LLC increased its stake in shares of NVIDIA by 0.4% in the first quarter. Beaumont Financial Advisors LLC now owns 206,305 shares of the computer hardware maker’s stock valued at $35,980,000 after buying an additional 826 shares in the last quarter. Finally, Blackhawk Capital Partners LLC raised its holdings in shares of NVIDIA by 4.0% in the first quarter. Blackhawk Capital Partners LLC now owns 53,961 shares of the computer hardware maker’s stock valued at $9,411,000 after buying an additional 2,051 shares during the last quarter. Institutional investors own 65.27% of the company’s stock.

Key NVIDIA News

Here are the key news stories impacting NVIDIA this week:

• Positive Sentiment: NVIDIA reportedly plans to invest $5 billion in Safe Superintelligence, the AI startup founded by former OpenAI chief scientist Ilya Sutskever. The partnership would also provide SSI access to NVIDIA’s next-generation Vera Rubin systems, potentially adding a high-profile AI customer and expanding future chip demand. Reuters article
• Positive Sentiment: OpenAI is reportedly considering a data-center financing arrangement backed by NVIDIA, potentially supporting a 10-gigawatt Ohio campus. Although the structure creates risks, it also underscores NVIDIA’s central role in the AI infrastructure buildout and could support demand for its GPUs and systems. CNBC article
• Positive Sentiment: Additional business announcements included a $1 billion investment in South Korea’s NAVER, a five-year, more-than-$1.5 billion AI infrastructure contract using over 9,200 Blackwell B300 GPUs, and expanded partnerships with chip-design and engineering firms. These developments reinforce NVIDIA’s ecosystem reach and customer pipeline. Benzinga article
• Positive Sentiment: NVIDIA expanded its Agent Toolkit with PhysicsNeMo and CUDA-X libraries and helped launch an open-model AI safety alliance with more than 30 companies. The initiatives could broaden software adoption and strengthen NVIDIA’s position in autonomous engineering, chip design and AI security. NVIDIA release
• Neutral Sentiment: Analysts remain broadly constructive, citing strong Blackwell and Rubin demand, while bullish investor Dan Ives said AI demand continues to exceed supply. However, these views have not offset near-term concerns about valuation and capital intensity.
• Negative Sentiment: Investors reacted negatively to reports that NVIDIA could guarantee as much as $250 billion—and potentially participate in a far larger AI investment cycle—for OpenAI infrastructure. The scale raised renewed “circular financing” and technology-bubble concerns, with investors questioning whether AI spending is being supported by end-customer cash flows or vendor financing. MarketWatch article
• Negative Sentiment: Broader semiconductor selling, fresh Chinese chip competition and renewed comparisons with the dot-com bubble added pressure. Apple also briefly reclaimed the world’s largest-company ranking, underscoring concerns about NVIDIA’s valuation and the sustainability of AI-related spending.
• Negative Sentiment: Reported insider-trading data showed extensive NVIDIA insider selling and no open-market purchases over the past six months, a sentiment headwind even though such transactions may reflect diversification or scheduled sales.

Insider Transactions at NVIDIA

In other news, Director Mark A. Stevens sold 885,000 shares of the firm’s stock in a transaction on Thursday, June 18th. The stock was sold at an average price of $210.17, for a total value of $186,000,450.00. Following the transaction, the director directly owned 5,207,271 shares in the company, valued at $1,094,412,146.07. This trade represents a 14.53% decrease in their position. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is available at this link. Also, Director Stephen C. Neal sold 15,500 shares of the company’s stock in a transaction dated Wednesday, June 3rd. The shares were sold at an average price of $215.73, for a total value of $3,343,815.00. Following the completion of the sale, the director owned 116,135 shares of the company’s stock, valued at $25,053,803.55. This represents a 11.77% decrease in their position. The SEC filing for this sale provides additional information. Insiders have sold 1,901,125 shares of company stock worth $410,583,015 in the last three months. Insiders own 3.94% of the company’s stock.

Wall Street Analyst Weigh In

NVDA has been the topic of several research reports. New Street Research reduced their price target on shares of NVIDIA from $343.00 to $340.00 in a research report on Thursday, May 21st. Bank of America restated a “buy” rating and issued a $350.00 price objective (up from $320.00) on shares of NVIDIA in a research report on Thursday, May 21st. Sanford C. Bernstein reiterated a “buy” rating on shares of NVIDIA in a research report on Monday, June 29th. Royal Bank Of Canada set a $280.00 price target on shares of NVIDIA in a report on Thursday, May 21st. Finally, Wall Street Zen downgraded NVIDIA from a “strong-buy” rating to a “buy” rating in a report on Saturday, July 4th. Three investment analysts have rated the stock with a Strong Buy rating, forty-eight have given a Buy rating and two have issued a Hold rating to the company’s stock. According to data from MarketBeat, the company currently has a consensus rating of “Buy” and a consensus target price of $304.26.

NVIDIA Stock Down 5.0%

Shares of NASDAQ:NVDA opened at $196.51 on Tuesday. NVIDIA Corporation has a one year low of $164.07 and a one year high of $236.54. The company has a 50 day moving average of $207.34 and a 200-day moving average of $195.93. The company has a debt-to-equity ratio of 0.04, a current ratio of 3.44 and a quick ratio of 2.85. The stock has a market cap of $4.76 trillion, a price-to-earnings ratio of 30.09, a P/E/G ratio of 0.40 and a beta of 2.21.

NVIDIA (NASDAQ:NVDA) last posted its quarterly earnings results on Wednesday, May 20th. The computer hardware maker reported $1.87 earnings per share for the quarter, topping analysts’ consensus estimates of $1.76 by $0.11. NVIDIA had a net margin of 62.97% and a return on equity of 96.94%. The business had revenue of $81.61 billion during the quarter, compared to the consensus estimate of $78.42 billion. During the same period in the previous year, the firm posted $0.81 earnings per share. NVIDIA’s revenue for the quarter was up 85.2% compared to the same quarter last year. On average, sell-side analysts forecast that NVIDIA Corporation will post 8.79 earnings per share for the current year.

NVIDIA declared that its board has authorized a stock repurchase program on Wednesday, May 20th that permits the company to buyback $80.00 billion in outstanding shares. This buyback authorization permits the computer hardware maker to reacquire up to 1.5% of its shares through open market purchases. Shares buyback programs are often a sign that the company’s board of directors believes its shares are undervalued.

NVIDIA Increases Dividend

The business also recently declared a quarterly dividend, which was paid on Friday, June 26th. Stockholders of record on Thursday, June 4th were paid a $0.25 dividend. This is an increase from NVIDIA’s previous quarterly dividend of $0.01. The ex-dividend date of this dividend was Thursday, June 4th. This represents a $1.00 dividend on an annualized basis and a dividend yield of 0.5%. NVIDIA’s dividend payout ratio (DPR) is currently 15.31%.

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.