Keating Financial Boosts NVIDIA Stake Amid Strong Institutional and Insider Activity

Keating Financial Advisory Services Inc. increased its stake in NVIDIA Corporation (NASDAQ: NVDA) by 2.1% during the second quarter, acquiring an additional 3,300 shares. The firm now holds 159,579 shares, valued at $31,930,000, making NVIDIA its fifth-largest holding at 4.2% of its portfolio. Other institutional investors also boosted their positions, including Alaska Wealth Advisors LLC, OneAscent Wealth Management LLC, and OneAscent Family Office LLC, all of which significantly increased their holdings in the company.

Meanwhile, insider transactions revealed that Director Mark Stevens sold 622,239 shares on September 4th for $144,122,997.18, reducing his position by 21.03%. EVP Timothy Teter sold 30,460 shares on September 21st for $6,786,488.00, decreasing his ownership by 1.12%. Overall, insiders sold 1,766,118 shares worth $399,450,353 in the last quarter.

NVIDIA stock opened at $238.90 on Tuesday, with a market capitalization of $5.76 trillion and a price-to-earnings ratio of 30.20. The company reported strong earnings for the quarter, beating estimates with $2.22 earnings per share and $96.22 billion in revenue. NVIDIA also announced a $150 billion stock buyback program and declared a quarterly dividend of $0.25 per share.

Analysts remain bullish, with an average rating of “Buy” and an average price target of $321.89. Positive sentiment was reinforced by strong supplier data and large orders for NVIDIA’s Rubin GPUs, indicating continued demand for AI systems.