Blue Zone Wealth Advisors LLC Boosts Stock Holdings in NVIDIA Corporation $NVDA

Key Points

• Blue Zone Wealth Advisors increased its NVIDIA stake by 21.4% in the second quarter to 129,666 shares valued at approximately $25.9 million. NVIDIA now represents 4.5% of the firm’s portfolio, while institutional investors and hedge funds own 65.27% of the stock.
• NVIDIA exceeded quarterly expectations with $2.22 in EPS and $96.22 billion in revenue, up 105.9% year over year. Analysts maintain a “Moderate Buy” consensus rating with an average price target of $322.61.
• The company declared a $0.25 quarterly dividend and authorized an $80 billion share-repurchase program, but insiders sold approximately $410.4 million of stock over the past 90 days. Investors are also watching margin pressure, supply constraints and the exclusion of China data-center revenue from guidance.

Blue Zone Wealth Advisors LLC lifted its stake in shares of NVIDIA Corporation (NASDAQ:NVDA - Free Report) by 21.4% in the 2nd quarter, according to the company in its most recent 13F filing with the Securities & Exchange Commission. The institutional investor owned 129,666 shares of the computer hardware maker's stock after acquiring an additional 22,893 shares during the quarter. NVIDIA accounts for 4.5% of Blue Zone Wealth Advisors LLC's portfolio, making the stock its 7th largest holding. Blue Zone Wealth Advisors LLC's holdings in NVIDIA were worth $25,945,000 as of its most recent filing with the Securities & Exchange Commission.

Other hedge funds have also modified their holdings of the company. Lifetime Wealth Management P.C. purchased a new stake in shares of NVIDIA in the 4th quarter valued at approximately $26,000. Longview Financial Advisors Inc. purchased a new position in NVIDIA during the 1st quarter worth approximately $27,000. Longfellow Investment Management Co. LLC grew its position in NVIDIA by 47.9% during the 2nd quarter. Longfellow Investment Management Co. LLC now owns 207 shares of the computer hardware maker's stock worth $33,000 after purchasing an additional 67 shares in the last quarter. Spurstone Advisory Services LLC acquired a new stake in NVIDIA during the 2nd quarter valued at $40,000. Finally, Phillip James Consulting Co. purchased a new stake in shares of NVIDIA in the first quarter valued at $40,000. 65.27% of the stock is currently owned by institutional investors and hedge funds.

NVIDIA Price Performance

NVDA opened at $227.98 on Friday. The stock has a fifty day moving average price of $207.95 and a 200 day moving average price of $200.66. 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 1 year low of $164.07 and a 1 year high of $236.54. The stock has a market cap of $5.52 trillion, a price-to-earnings ratio of 28.82, a PEG ratio of 0.41 and a beta of 2.23.

NVIDIA (NASDAQ:NVDA - Get Free Report) last issued its earnings results on Wednesday, August 26th. The computer hardware maker reported $2.22 earnings per share for the quarter, topping the consensus estimate of $2.09 by $0.13. NVIDIA had a return on equity of 107.00% and a net margin of 63.66%.The company had revenue of $96.22 billion for the quarter, compared to analyst estimates of $92.27 billion. During the same period in the prior year, the firm posted $1.05 EPS. The business's revenue was up 105.9% compared to the same quarter last year. Analysts forecast that NVIDIA Corporation will post 8.8 EPS for the current fiscal year.

NVIDIA Announces Dividend

The company also recently disclosed a quarterly dividend, which will be paid on Thursday, October 1st. Investors of record on Thursday, September 10th will be issued a $0.25 dividend. The ex-dividend date is Thursday, September 10th. This represents a $1.00 dividend on an annualized basis and a yield of 0.4%. NVIDIA's dividend payout ratio is currently 15.31%.

NVIDIA announced that its Board of Directors has initiated a share buyback program on Wednesday, May 20th that allows the company to repurchase $80.00 billion in shares. This repurchase authorization allows the computer hardware maker to repurchase up to 1.5% of its stock through open market purchases. Stock repurchase programs are usually a sign that the company's management believes its stock is undervalued.

Analyst Upgrades and Downgrades

NVDA has been the subject of several recent analyst reports. Rosenblatt Securities set a $390.00 target price on NVIDIA in a research report on Thursday. UBS Group set a $300.00 price objective on NVIDIA and gave the stock a "buy" rating in a research note on Thursday. Citic Securities raised their price objective on NVIDIA from $242.00 to $315.00 and gave the stock a "buy" rating in a research report on Friday, May 22nd. Jefferies Financial Group reaffirmed a "buy" rating and set a $300.00 target price (up from $275.00) on shares of NVIDIA in a research note on Thursday, May 21st. Finally, China Renaissance started coverage on NVIDIA in a report on Friday, June 5th. They issued a "buy" rating and a $319.00 target price on the stock. Two research analysts have rated the stock with a Strong Buy rating, forty-eight have issued a Buy rating and four have assigned a Hold rating to the stock. Based on data from MarketBeat, NVIDIA presently has an average rating of "Moderate Buy" and a consensus price target of $322.61.

Insider Buying and Selling

In other NVIDIA news, Director Stephen C. Neal sold 15,500 shares of the business's stock in a transaction that occurred on 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 directly owned 116,135 shares of the company's stock, valued at $25,053,803.55. The trade was a 11.77% decrease in their ownership of the stock. The transaction was disclosed in a legal filing with the SEC, which is available at this hyperlink. Also, Director Mark A. Stevens sold 885,000 shares of the 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 transaction, the director owned 5,207,271 shares in the company, valued at approximately $1,094,412,146.07. This trade represents a 14.53% decrease in their position. The disclosure for this sale is available in the SEC filing. Insiders sold 1,900,500 shares of company stock worth $410,449,265 in the last 90 days. 3.94% of the stock is currently owned by corporate insiders.

Trending Headlines about NVIDIA

Here are the key news stories impacting NVIDIA this week:

• Positive Sentiment: Record results exceeded expectations: Fiscal Q2 revenue reached $96.2 billion, up 106% year over year, while Data Center revenue rose 117% to $89.0 billion. Non-GAAP EPS was $2.22 versus the $2.09 consensus, and gross margin remained 75%. NVIDIA Announces Financial Results for Second Quarter Fiscal 2027
• Positive Sentiment: Guidance reinforced the AI growth story: NVIDIA forecast approximately $108 billion in fiscal Q3 revenue and indicated that fiscal 2028 revenue could grow about 70%, well above prior Wall Street expectations. Management said demand is exceeding available supply across memory, packaging, power and computing capacity. Nvidia rises after signaling longer AI spending runway
• Positive Sentiment: Customer commitments and product expansion support visibility: AWS plans to add two million NVIDIA GPUs, while the Vera Rubin platform is entering full production. The company also announced financing partnerships intended to mobilize more than $500 billion for AI infrastructure. NVIDIA quarterly results
• Positive Sentiment: Analysts raised their targets: JPMorgan lifted its target to $320, RBC to $330, and other firms set targets as high as $345-$352, citing NVIDIA’s growth, margins and CUDA ecosystem. What Wall Street is saying about NVIDIA
• Neutral Sentiment: NVIDIA is reportedly pursuing a roughly $12.9 billion acquisition of open-source AI platform Hugging Face, which could broaden its software ecosystem but remains unconfirmed and may carry integration and valuation risks. Nvidia agrees to buy Hugging Face, report says
• Negative Sentiment: Investors are monitoring profitability and execution risks: Fiscal Q3 gross-margin guidance of 74% is below the latest quarter, reflecting higher memory and infrastructure costs. NVIDIA also excludes China Data Center compute revenue from its outlook. NVIDIA earnings call puts supply limits at center of outlook
• Negative Sentiment: The company paused some revenue-sharing and financing arrangements with AI cloud firms, raising questions about customer funding, circular financing concerns and the sustainability of AI returns. Nvidia pauses revenue-sharing deals

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.

This instant news alert was generated by narrative science technology and financial data from MarketBeat in order to provide readers with the fastest reporting and unbiased coverage. Please send any questions or comments about this story to contact@marketbeat.com.

Continue following MarketBeat

Add MarketBeat as your preferred source on Google to see our latest stories in your feed.

Add As Preferred Source