Cliftonlarsonallen Wealth Advisors LLC Purchases 43,237 Shares of NVIDIA Corporation $NVDA

Key Points

• Cliftonlarsonallen Wealth Advisors increased its NVIDIA stake by 62.6%, purchasing 43,237 shares to hold 112,309 shares valued at approximately $22.5 million. Institutional investors collectively own 65.27% of NVIDIA.
• NVIDIA reported fiscal Q2 revenue of $96.22 billion, up 105.9% year over year, and EPS of $2.22, exceeding analyst expectations. Analysts remain bullish, with a consensus “Moderate Buy” rating and average price target of $322.61.
• Despite strong AI-driven growth, investors face risks from profit-taking, elevated valuation, lower projected gross margins, supply constraints and China-related export restrictions; NVIDIA insiders also sold roughly $410.4 million of stock during the quarter.

Cliftonlarsonallen Wealth Advisors LLC raised its position in shares of NVIDIA Corporation (NASDAQ:NVDA - Free Report) by 62.6% in the second quarter, according to the company in its most recent filing with the SEC. The institutional investor owned 112,309 shares of the computer hardware maker's stock after purchasing an additional 43,237 shares during the quarter. NVIDIA accounts for about 0.3% of Cliftonlarsonallen Wealth Advisors LLC's investment portfolio, making the stock its 22nd biggest holding. Cliftonlarsonallen Wealth Advisors LLC's holdings in NVIDIA were worth $22,472,000 at the end of the most recent reporting period.

Several other institutional investors and hedge funds also recently made changes to their positions in NVDA. Embree Financial Group raised its holdings in NVIDIA by 4.9% in the 2nd quarter. Embree Financial Group now owns 103,235 shares of the computer hardware maker's stock worth $20,656,000 after acquiring an additional 4,780 shares during the last quarter. Harold Davidson & Associates Inc. boosted its stake in NVIDIA by 1.1% during the 2nd quarter. Harold Davidson & Associates Inc. now owns 38,525 shares of the computer hardware maker's stock valued at $7,708,000 after purchasing an additional 418 shares during the last quarter. Churchill Financial Advisors LLC increased its holdings in shares of NVIDIA by 19.5% in the 2nd quarter. Churchill Financial Advisors LLC now owns 19,744 shares of the computer hardware maker's stock worth $3,951,000 after purchasing an additional 3,220 shares in the last quarter. Milestone Asset Management LLC increased its holdings in shares of NVIDIA by 3.2% in the 2nd quarter. Milestone Asset Management LLC now owns 53,310 shares of the computer hardware maker's stock worth $10,667,000 after purchasing an additional 1,665 shares in the last quarter. Finally, Firethorn Wealth Partners LLC raised its stake in shares of NVIDIA by 8.6% in the second quarter. Firethorn Wealth Partners LLC now owns 12,858 shares of the computer hardware maker's stock worth $2,573,000 after purchasing an additional 1,022 shares during the last quarter. Institutional investors own 65.27% of the company's stock.

Wall Street Analyst Weigh In

Several equities research analysts recently commented on the company. Jefferies Financial Group reaffirmed a "buy" rating and set a $300.00 price objective (up from $275.00) on shares of NVIDIA in a research report on Thursday, May 21st. Royal Bank Of Canada upped their target price on shares of NVIDIA from $300.00 to $330.00 and gave the company an "outperform" rating in a research note on Thursday. Wells Fargo & Company reaffirmed an "overweight" rating and set a $315.00 price target on shares of NVIDIA in a report on Tuesday, August 11th. Wall Street Zen upgraded shares of NVIDIA from a "buy" rating to a "strong-buy" rating in a research note on Saturday. Finally, Barclays reissued an "overweight" rating on shares of NVIDIA in a report on Thursday, May 21st. Two investment analysts have rated the stock with a Strong Buy rating, forty-eight have assigned a Buy rating and four have given a Hold rating to the company. According to MarketBeat, the company has a consensus rating of "Moderate Buy" and an average price target of $322.61.

Insider Buying and Selling at NVIDIA

In other NVIDIA news, Director Mark A. Stevens sold 885,000 shares of the company's stock in a transaction dated 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 completion of the sale, the director owned 5,207,271 shares in the company, valued at $1,094,412,146.07. This represents a 14.53% decrease in their ownership of the stock. The sale was disclosed in a filing with the SEC, which is available through this hyperlink. Also, Director Stephen C. Neal sold 15,500 shares of the firm's stock in a transaction dated Wednesday, June 3rd. The stock was sold at an average price of $215.73, for a total value of $3,343,815.00. Following the completion of the transaction, the director directly owned 116,135 shares in the company, valued at $25,053,803.55. This trade represents a 11.77% decrease in their position. Additional details regarding this sale are available in the official SEC disclosure. Insiders have sold 1,900,500 shares of company stock worth $410,449,265 over the last quarter. 3.94% of the stock is owned by company insiders.

More NVIDIA News

Here are the key news stories impacting NVIDIA this week:

• Positive Sentiment: NVIDIA reported fiscal Q2 revenue of approximately $96.2 billion, up 106% year over year and ahead of Wall Street expectations. Data-center revenue rose 117% to $89 billion, while adjusted EPS of $2.22 also exceeded consensus. The results reinforced that hyperscaler AI spending remains robust. Nvidia rises after signaling longer AI spending runway
• Positive Sentiment: Management guided to roughly $108 billion in fiscal Q3 revenue and indicated that fiscal 2028 sales could grow about 70%, well above the roughly 45% growth analysts had modeled. The forecast has shifted the debate from whether AI demand is slowing to whether NVIDIA and its suppliers can build enough capacity. Nvidia's 70% growth forecast
• Positive Sentiment: Several analysts raised their NVIDIA price targets following the results, including Wedbush, Truist, RBC and JPMorgan. The upgrades reflect expectations for sustained Blackwell demand, the Vera Rubin product ramp and strong order visibility through fiscal 2028. Wedbush lifts Nvidia price target
• Neutral Sentiment: NVIDIA is reportedly pursuing a roughly $12.9 billion acquisition of open-source AI platform Hugging Face. The deal could expand NVIDIA’s software ecosystem and improve visibility into future AI workloads, but reports indicate terms may not be finalized and the valuation is high relative to Hugging Face’s revenue. Nvidia agrees to buy Hugging Face report
• Negative Sentiment: Investors are locking in gains after NVIDIA’s strong post-earnings rally. The stock’s elevated valuation and proximity to record levels make it vulnerable to short-term profit-taking even though fundamentals remain strong. Nvidia AMD Intel stocks slide as investors take profits
• Negative Sentiment: Gross-margin expectations are moving lower toward roughly 72%–73% as NVIDIA absorbs higher memory, packaging and infrastructure costs. Management also said supply constraints remain significant, potentially limiting how much demand can immediately translate into revenue and cash flow.
• Negative Sentiment: Broader market pressure is coming from a more hawkish Federal Reserve outlook, while NVIDIA’s decision to exclude China data-center compute revenue from its forecast underscores continuing export-control and geopolitical risks. Reports that the company paused some revenue-sharing arrangements with AI cloud providers also raise questions about financing and customer ROI. Nvidia pauses revenue-sharing deals

NVIDIA Stock Down 4.6%

Shares of NVDA stock opened at $217.55 on Friday. NVIDIA Corporation has a 12 month low of $164.07 and a 12 month high of $236.54. The stock has a market cap of $5.24 trillion, a P/E ratio of 27.50, a P/E/G ratio of 0.42 and a beta of 2.23. The company has a current ratio of 4.59, a quick ratio of 2.85 and a debt-to-equity ratio of 0.14. The company has a 50 day simple moving average of $208.09 and a two-hundred day simple moving average of $200.77.

NVIDIA (NASDAQ:NVDA - Get Free Report) last issued its quarterly 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 net margin of 63.66% and a return on equity of 96.04%. The business had revenue of $96.22 billion for the quarter, compared to analysts' expectations of $92.27 billion. During the same quarter last year, the company posted $1.05 EPS. The company's revenue was up 105.9% compared to the same quarter last year. On average, research analysts expect that NVIDIA Corporation will post 9.1 earnings per share for the current year.

NVIDIA Dividend Announcement

The business also recently announced 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. This represents a $1.00 dividend on an annualized basis and a yield of 0.5%. The ex-dividend date of this dividend is Thursday, September 10th. NVIDIA's dividend payout ratio (DPR) is currently 15.31%.

NVIDIA declared that its Board of Directors has authorized a stock repurchase plan 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 plans are typically a sign that the company's board of directors believes its shares are undervalued.

NVIDIA Company 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.

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