HCR Wealth Advisors Has $61.49 Million Position in NVIDIA Corporation $NVDA

Key Points

• HCR Wealth Advisors increased its NVIDIA position by 0.8% in the second quarter, owning 307,290 shares valued at approximately $61.49 million. NVIDIA represents 5.5% of the firm’s portfolio, while institutional investors and hedge funds collectively own 65.27% of the stock.
• Wall Street remains strongly bullish on NVIDIA, with a consensus “Buy” rating and an average price target of $308.01. Recent analysts raised targets as high as $425, citing continued strength in AI data-center demand.
• NVIDIA’s outlook is supported by new AI products and potential customers, but investors face risks from semiconductor-sector weakness, higher yields, memory and energy constraints, insider selling, and regulatory scrutiny over alleged AI-server exports to China.

HCR Wealth Advisors lifted its holdings in NVIDIA Corporation (NASDAQ:NVDA - Free Report) by 0.8% during the 2nd quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The fund owned 307,290 shares of the computer hardware maker's stock after purchasing an additional 2,579 shares during the period. NVIDIA comprises 5.5% of HCR Wealth Advisors' holdings, making the stock its 4th biggest holding. HCR Wealth Advisors' holdings in NVIDIA were worth $61,486,000 as of its most recent SEC filing.

Several other institutional investors and hedge funds have also added to or reduced their stakes in the business. Diversified Enterprises LLC grew its position in NVIDIA by 44.2% in the fourth quarter. Diversified Enterprises LLC now owns 127,604 shares of the computer hardware maker's stock valued at $23,798,000 after acquiring an additional 39,129 shares during the period. Altshuler Shaham Ltd lifted its holdings in shares of NVIDIA by 6,451.9% during the first quarter. Altshuler Shaham Ltd now owns 637,236 shares of the computer hardware maker's stock valued at $111,134,000 after acquiring an additional 627,510 shares during the period. ASR Vermogensbeheer N.V. boosted its stake in shares of NVIDIA by 1.8% in the 4th quarter. ASR Vermogensbeheer N.V. now owns 3,169,377 shares of the computer hardware maker's stock valued at $591,086,000 after purchasing an additional 54,877 shares in the last quarter. Storen Legacy Partners LLC bought a new stake in shares of NVIDIA in the 4th quarter worth about $1,350,000. Finally, Arrowstreet Capital Limited Partnership increased its position in shares of NVIDIA by 3.6% during the 4th quarter. Arrowstreet Capital Limited Partnership now owns 26,652,420 shares of the computer hardware maker's stock worth $4,970,704,000 after purchasing an additional 936,506 shares in the last quarter. 65.27% of the stock is owned by institutional investors and hedge funds.

Wall Street Analyst Weigh In

NVDA has been the topic of several research analyst reports. William Blair reaffirmed an "outperform" rating on shares of NVIDIA in a research note on Tuesday, June 2nd. CICC Research raised their price target on NVIDIA from $240.60 to $268.30 and gave the company an "outperform" rating in a report on Friday, May 22nd. Tigress Financial reiterated a "strong-buy" rating and issued a $425.00 price objective (up from $360.00) on shares of NVIDIA in a research report on Wednesday, May 27th. Truist Financial increased their target price on NVIDIA from $287.00 to $307.00 and gave the stock a "buy" rating in a report on Thursday, May 21st. Finally, Argus raised their target price on NVIDIA from $220.00 to $270.00 and gave the company a "buy" rating in a research note on Thursday, May 21st. Three analysts have rated the stock with a Strong Buy rating, forty-nine have given a Buy rating and two have given a Hold rating to the company's stock. Based on data from MarketBeat, the stock has a consensus rating of "Buy" and a consensus price target of $308.01.

Key Stories Impacting NVIDIA

Here are the key news stories impacting NVIDIA this week:

• Positive Sentiment: NVIDIA announced that its Groq 3 LPX inference accelerator is now in full production. The product reportedly achieved 3,400 output tokens per second in benchmarking, while Nebius plans to become its first AI-cloud adopter. This supports NVIDIA’s push beyond training into fast-growing agentic AI inference. NVIDIA Groq 3 LPX Now in Full Production
• Positive Sentiment: SpaceXAI said it will use NVIDIA’s Vera CPU for large-scale agentic AI and planned satellite deployments, providing another potential long-term customer and demonstrating demand for the Vera Rubin platform outside traditional data centers. SpaceXAI Adopts NVIDIA Vera CPU
• Positive Sentiment: Analysts including Rosenblatt, KeyBanc and Cantor Fitzgerald reaffirmed bullish ratings, with price targets ranging from $325 to $350. Consensus expectations call for roughly $92.2 billion in quarterly revenue, supported by strong AI data-center demand. NVIDIA Analyst Ratings
• Neutral Sentiment: NVIDIA is reportedly considering an investment in AI search startup Perplexity at a valuation above $30 billion. The deal could strengthen NVIDIA’s ecosystem, but it also adds to concerns about the company investing heavily in customers and AI partners. Nvidia Discusses Perplexity Investment
• Negative Sentiment: The broader market is rotating away from semiconductors amid higher yields, geopolitical concerns and uncertainty surrounding trade policy. NVIDIA’s earnings have beaten estimates for 14 straight quarters, but the stock has frequently declined after reports, raising the risk that strong results are already priced in.
• Negative Sentiment: Memory shortages and energy constraints are reportedly prompting AI-server price increases of more than 15%. While higher prices could lift revenue, investors worry about customer affordability, demand elasticity and margin pressure.
• Negative Sentiment: Taiwanese prosecutors indicted nine people, including individuals linked to NVIDIA and Super Micro, over alleged illegal AI-server exports to China. The investigation adds regulatory and China-exposure risk. Taiwan Indicts Nine Over AI Server Exports

NVIDIA Stock Down 2.9%

NASDAQ:NVDA opened at $208.48 on Tuesday. The stock's fifty day moving average price is $207.39 and its two-hundred day moving average price is $199.81. The company has a market cap of $5.05 trillion, a price-to-earnings ratio of 31.93, a P/E/G ratio of 0.42 and a beta of 2.23. NVIDIA Corporation has a 52-week low of $164.07 and a 52-week high of $236.54. The company has a debt-to-equity ratio of 0.04, a quick ratio of 2.85 and a current ratio of 3.44.

NVIDIA announced that its Board of Directors has authorized a share repurchase plan on Wednesday, May 20th that permits the company to repurchase $80.00 billion in outstanding shares. This repurchase authorization permits the computer hardware maker to purchase up to 1.5% of its stock through open market purchases. Stock repurchase plans are generally a sign that the company's board of directors believes its stock is undervalued.

Insider Activity at NVIDIA

In other news, 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 value of $186,000,450.00. Following the transaction, the director owned 5,207,271 shares of the company's stock, valued at $1,094,412,146.07. This represents a 14.53% decrease in their position. The transaction was disclosed in a document filed with the SEC, which is available through this hyperlink. Also, Director John Dabiri sold 625 shares of the firm's stock in a transaction on Wednesday, May 27th. The stock was sold at an average price of $214.00, for a total value of $133,750.00. Following the completion of the transaction, the director owned 14,163 shares in the company, valued at $3,030,882. This represents a 4.23% decrease in their ownership of the stock. Additional details regarding this sale are available in the official SEC disclosure. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Insiders have sold 1,901,125 shares of company stock worth $410,583,015 over the last ninety days. Company insiders own 3.94% of the company's stock.

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.

Continue following MarketBeat

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

Add As Preferred Source