Alaska Wealth Advisors Boosts NVIDIA Stake by 21.5 Percent
Alaska Wealth Advisors LLC has increased its stake in NVIDIA Corporation (NASDAQ: NVDA) by 21.5% in the second quarter, according to its latest 13F filing with the SEC. The firm now holds 12,603 shares of the computer hardware maker, up from 2,226 additional shares acquired during the quarter. NVIDIA represents approximately 0.3% of Alaska Wealth Advisors' investment portfolio, making it the 20th largest holding in the fund. The value of these holdings was $2,522,000 at the end of the reporting period.
Several other institutional investors have also recently adjusted their positions in NVIDIA. Lifetime Wealth Management P.C. initiated a new position worth $26,000 in the fourth quarter, while Longview Financial Advisors Inc. bought a new position worth $27,000 in the first quarter. Langley Wealth Management LLC, Phillip James Consulting Co., and Frankly Finances LLC all purchased new positions in the second quarter, with values of $34,000, $40,000, and $60,000, respectively. Institutional investors now own 65.27% of NVIDIA's stock.
Positive sentiment surrounding NVIDIA has been reinforced by strong supplier data, large GPU orders, and bullish analyst outlooks. Foxconn reported record monthly revenue driven by AI server demand, while AM Intelligence announced firm orders for 20,000 NVIDIA Rubin GPUs for AI factories in India and Malaysia. Analysts have highlighted NVIDIA's central role in AI, robotics, and physical AI, with some arguing that its valuation remains reasonable relative to projected earnings growth.
Several research firms have updated their ratings and price targets for NVIDIA. Deutsche Bank Aktiengesellschaft reaffirmed a 'buy' rating, while Rothschild & Co Redburn raised their target price to $325.00. Morgan Stanley and Wells Fargo & Company set price targets of $230.00 and $210.00, respectively. Daiwa Securities Group decreased their target to $245.00 but maintained an 'outperform' rating. Based on MarketBeat data, NVIDIA has a consensus 'buy' rating with an average price target of $321.89.