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

Rockport Wealth LLC grew its holdings in NVIDIA Corporation (NASDAQ:NVDA) by 17.7% in the 1st quarter, Holdings Channel reports. The fund owned 115,161 shares of the computer hardware maker’s stock after purchasing an additional 17,358 shares during the quarter. NVIDIA accounts for 3.7% of Rockport Wealth LLC’s portfolio, making the stock its 8th biggest position. Rockport Wealth LLC’s holdings in NVIDIA were worth $20,098,000 at the end of the most recent quarter.

Several other institutional investors have also modified their holdings of NVDA. State Street Corp raised its holdings in shares of NVIDIA by 1.2% during the fourth quarter. State Street Corp now owns 991,480,489 shares of the computer hardware maker’s stock worth $184,911,111,000 after acquiring an additional 11,451,386 shares during the period. Geode Capital Management LLC increased its holdings in NVIDIA by 0.6% during the 4th quarter. Geode Capital Management LLC now owns 588,803,093 shares of the computer hardware maker’s stock worth $109,446,217,000 after purchasing an additional 3,383,441 shares in the last quarter. Norges Bank bought a new position in NVIDIA during the 4th quarter worth about $62,244,133,000. Bank of America Corp DE raised its stake in shares of NVIDIA by 1.5% in the 4th quarter. Bank of America Corp DE now owns 187,181,484 shares of the computer hardware maker’s stock valued at $34,909,347,000 after purchasing an additional 2,849,678 shares during the period. Finally, Legal & General Group Plc lifted its holdings in shares of NVIDIA by 1.5% in the third quarter. Legal & General Group Plc now owns 181,203,035 shares of the computer hardware maker’s stock valued at $33,808,862,000 after purchasing an additional 2,609,560 shares in the last quarter. Institutional investors own 65.27% of the company’s stock.

Key Headlines Impacting NVIDIA

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.

Analyst Ratings Changes

Several research analysts have recently weighed in 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 set a $280.00 target price on NVIDIA in a research note on Thursday, May 21st. The Goldman Sachs Group reaffirmed a “buy” rating and set a $285.00 price target (up from $250.00) on shares of NVIDIA in a research report on Wednesday, May 20th. Craig Hallum lifted their price objective on shares of NVIDIA from $245.00 to $275.00 and gave the company a “buy” rating in a report on Thursday, May 21st. Finally, KeyCorp reissued an “overweight” rating and issued a $330.00 price objective (up from $310.00) on shares of NVIDIA in a research report on Tuesday, July 14th. Three research analysts have rated the stock with a Strong Buy rating, forty-eight have given a Buy rating and two have given a Hold rating to the company’s stock. According to MarketBeat, the company presently has a consensus rating of “Buy” and an average price target of $304.26.

NVIDIA Stock Down 5.0%

NVDA stock opened at $196.51 on Tuesday. The company has a quick ratio of 2.85, a current ratio of 3.44 and a debt-to-equity ratio of 0.04. The business has a 50 day moving average price of $207.34 and a two-hundred day moving average price of $195.93. The company 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 Corporation has a twelve month low of $164.07 and a twelve month high of $236.54.

NVIDIA (NASDAQ:NVDA) last announced its quarterly earnings data on Wednesday, May 20th. The computer hardware maker reported $1.87 earnings per share (EPS) for the quarter, topping analysts’ consensus estimates of $1.76 by $0.11. The company had revenue of $81.61 billion for the quarter, compared to analysts’ expectations of $78.42 billion. NVIDIA had a return on equity of 96.94% and a net margin of 62.97%.The business’s revenue was up 85.2% compared to the same quarter last year. During the same quarter in the prior year, the business posted $0.81 EPS. Analysts anticipate that NVIDIA Corporation will post 8.79 EPS for the current fiscal year.

NVIDIA Increases Dividend

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

NVIDIA declared that its board has approved a share repurchase program on Wednesday, May 20th that allows the company to buyback $80.00 billion in shares. This buyback authorization allows the computer hardware maker to reacquire up to 1.5% of its stock through open market purchases. Stock buyback programs are typically a sign that the company’s board believes its stock is undervalued.

Insiders Place Their Bets

In other news, Director John Dabiri sold 625 shares of the business’s stock in a transaction dated Wednesday, May 27th. The shares were sold at an average price of $214.00, for a total transaction of $133,750.00. Following the transaction, the director directly owned 14,163 shares in the company, valued at $3,030,882. The trade was a 4.23% decrease in their position. The transaction was disclosed in a document filed with the Securities & Exchange Commission, 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 business’s stock in a transaction dated Wednesday, June 3rd. The stock was sold at an average price of $215.73, for a total transaction of $3,343,815.00. Following the transaction, the director owned 116,135 shares in the company, valued at $25,053,803.55. This represents a 11.77% decrease in their ownership of the stock. The disclosure for this sale is available in the SEC filing. Over the last three months, insiders have sold 1,901,125 shares of company stock valued at $410,583,015. 3.94% of the stock is currently owned by corporate insiders.

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.