NVIDIA Corporation $NVDA Stock Position Lifted by Red Door Wealth Management LLC

Key Points

• Red Door Wealth Management increased its NVIDIA position by 1.3% in the second quarter, bringing its holdings to 264,377 shares valued at approximately $52.9 million. NVIDIA now represents 4.8% of the firm’s portfolio, while institutional investors collectively own 65.27% of the stock.
• NVIDIA insiders sold approximately 1.9 million shares worth $410.6 million over the past 90 days, including sales by directors John Dabiri and Stephen C. Neal.
• Analysts remain broadly bullish, with a consensus “Buy” rating and average price target of $308.01. NVIDIA also authorized an $80 billion share-repurchase program, while its stock traded near $208.48 and remained exposed to market-rotation, supply-chain, regulatory and China-related risks.

Red Door Wealth Management LLC raised its holdings in NVIDIA Corporation (NASDAQ:NVDA - Free Report) by 1.3% in the second quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The firm owned 264,377 shares of the computer hardware maker's stock after purchasing an additional 3,390 shares during the quarter. NVIDIA accounts for 4.8% of Red Door Wealth Management LLC's investment portfolio, making the stock its 2nd largest position. Red Door Wealth Management LLC's holdings in NVIDIA were worth $52,899,000 as of its most recent SEC filing.

Several other large investors have also recently made changes to their positions in the business. Lifetime Wealth Management P.C. purchased a new stake in NVIDIA during the fourth quarter worth about $26,000. Longview Financial Advisors Inc. purchased a new position in NVIDIA in the first quarter valued at about $27,000. Longfellow Investment Management Co. LLC boosted its stake in NVIDIA by 47.9% in the second quarter. Longfellow Investment Management Co. LLC now owns 207 shares of the computer hardware maker's stock valued at $33,000 after acquiring an additional 67 shares during the last quarter. Phillip James Consulting Co. bought a new position in shares of NVIDIA during the 1st quarter valued at approximately $40,000. Finally, Inspire Investing LLC bought a new position in shares of NVIDIA during the 4th quarter valued at approximately $44,000. 65.27% of the stock is owned by hedge funds and other institutional investors.

Insider Buying and Selling at NVIDIA

In other NVIDIA news, Director John Dabiri sold 625 shares of the stock in a transaction on Wednesday, May 27th. The stock was sold at an average price of $214.00, for a total transaction of $133,750.00. Following the sale, 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. The transaction was disclosed in a legal filing with the SEC, which is available at this link. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Also, Director Stephen C. Neal sold 15,500 shares of the firm's stock in a transaction on 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 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 disclosure for this sale is available in the SEC filing. Insiders have sold 1,901,125 shares of company stock valued at $410,583,015 in the last 90 days. 3.94% of the stock is currently owned by company insiders.

Analyst Ratings Changes

A number of equities research analysts recently commented on NVDA shares. Stifel Nicolaus set a $282.00 price target on shares of NVIDIA and gave the stock a "buy" rating in a report on Thursday, May 21st. Jefferies Financial Group reissued a "buy" rating and set a $300.00 price objective (up from $275.00) on shares of NVIDIA in a report on Thursday, May 21st. Itau BBA Securities decreased their target price on NVIDIA from $256.00 to $218.00 in a research report on Wednesday, June 24th. Argus boosted 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. Finally, Sanford C. Bernstein reaffirmed a "buy" rating on shares of NVIDIA in a research report on Monday, June 29th. Three equities research analysts have rated the stock with a Strong Buy rating, forty-nine have assigned a Buy rating and two have assigned a Hold rating to the company. Based on data from MarketBeat, the company has a consensus rating of "Buy" and an average target price of $308.01.

NVIDIA Stock Performance

Shares of NVDA stock opened at $208.48 on Tuesday. The firm's 50 day moving average is $207.39 and its 200 day moving average is $199.81. The stock has a market capitalization of $5.05 trillion, a P/E ratio of 31.93, a PEG ratio of 0.42 and a beta of 2.23. NVIDIA Corporation has a 12 month low of $164.07 and a 12 month high of $236.54. 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 announced that its Board of Directors has initiated a share repurchase program 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 shares through open market purchases. Shares repurchase programs are usually an indication that the company's management believes its stock is undervalued.

More NVIDIA News

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 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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