Arthur M. Cohen & Associates LLC Trims Position in NVIDIA Corporation $NVDA

Arthur M. Cohen & Associates LLC trimmed its stake in shares of NVIDIA Corporation (NASDAQ:NVDA) by 1.4% during the second quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The fund owned 360,442 shares of the computer hardware maker’s stock after selling 5,251 shares during the quarter. NVIDIA makes up 10.1% of Arthur M. Cohen & Associates LLC’s portfolio, making the stock its biggest position. Arthur M. Cohen & Associates LLC’s holdings in NVIDIA were worth $56,946,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

A number of other large investors have also recently added to or reduced their stakes in the stock. Kathleen S. Wright Associates Inc. lifted its position in shares of NVIDIA by 169.3% in the 1st quarter. Kathleen S. Wright Associates Inc. now owns 404 shares of the computer hardware maker’s stock worth $44,000 after buying an additional 254 shares during the last quarter. Copia Wealth Management bought a new position in shares of NVIDIA in the 4th quarter worth about $50,000. Barnes Dennig Private Wealth Management LLC bought a new position in shares of NVIDIA in the 1st quarter worth about $51,000. Bruce G. Allen Investments LLC lifted its position in shares of NVIDIA by 198.2% in the 1st quarter. Bruce G. Allen Investments LLC now owns 492 shares of the computer hardware maker’s stock worth $53,000 after buying an additional 327 shares during the last quarter. Finally, Campbell Capital Management Inc. lifted its position in shares of NVIDIA by 5,900.0% in the 1st quarter. Campbell Capital Management Inc. now owns 600 shares of the computer hardware maker’s stock worth $65,000 after buying an additional 590 shares during the last quarter. 65.27% of the stock is currently owned by institutional investors.

NVIDIA Stock Performance

Shares of NVDA opened at $181.85 on Tuesday. The firm’s 50 day moving average is $176.81 and its 200-day moving average is $146.62. The stock has a market capitalization of $4.42 trillion, a P/E ratio of 51.81, a P/E/G ratio of 1.29 and a beta of 2.10. The company has a debt-to-equity ratio of 0.08, a current ratio of 4.21 and a quick ratio of 3.60. NVIDIA Corporation has a 12-month low of $86.62 and a 12-month high of $184.55.

NVIDIA (NASDAQ:NVDA) last released its earnings results on Wednesday, August 27th. The computer hardware maker reported $1.05 earnings per share for the quarter, topping the consensus estimate of $1.01 by $0.04. The business had revenue of $46.74 billion for the quarter, compared to the consensus estimate of $45.65 billion. NVIDIA had a net margin of 52.41% and a return on equity of 101.74%. The firm’s quarterly revenue was up 55.6% compared to the same quarter last year. During the same period last year, the firm posted $0.68 earnings per share. NVIDIA has set its Q3 2026 guidance at EPS. Equities research analysts anticipate that NVIDIA Corporation will post 2.77 EPS for the current fiscal year.

NVIDIA Dividend Announcement

The business also recently declared a quarterly dividend, which will be paid on Thursday, October 2nd. Investors of record on Thursday, September 11th will be issued a dividend of $0.01 per share. This represents a $0.04 annualized dividend and a dividend yield of 0.0%. The ex-dividend date is Thursday, September 11th. NVIDIA’s dividend payout ratio (DPR) is currently 1.14%.

Analyst Ratings Changes

Several brokerages recently weighed in on NVDA. Cantor Fitzgerald reiterated an “overweight” rating and issued a $240.00 price objective on shares of NVIDIA in a research report on Thursday, August 28th. Stifel Nicolaus lifted their price objective on shares of NVIDIA from $202.00 to $212.00 and gave the company a “buy” rating in a research report on Monday, August 25th. Piper Sandler set a $225.00 price objective on shares of NVIDIA and gave the company an “overweight” rating in a research report on Wednesday, August 13th. Wall Street Zen upgraded shares of NVIDIA from a “hold” rating to a “buy” rating in a research report on Friday, September 5th. Finally, Truist Financial lifted their price objective on shares of NVIDIA from $210.00 to $228.00 and gave the company a “buy” rating in a research report on Thursday, August 28th. Four equities research analysts have rated the stock with a Strong Buy rating, thirty-six have assigned a Buy rating, four have assigned a Hold rating and one has issued a Sell rating to the stock. According to data from MarketBeat, the company presently has a consensus rating of “Moderate Buy” and an average price target of $210.21.

Insider Buying and Selling at NVIDIA

In related news, Director Mark A. Stevens sold 350,000 shares of the firm’s stock in a transaction that occurred on Friday, September 19th. The shares were sold at an average price of $176.39, for a total transaction of $61,736,500.00. Following the completion of the sale, the director directly owned 7,399,803 shares in the company, valued at approximately $1,305,251,251.17. This trade represents a 4.52% decrease in their ownership of the stock. The transaction was disclosed in a document filed with the SEC, which can be accessed through the SEC website. Also, CFO Colette Kress sold 30,500 shares of the firm’s stock in a transaction that occurred on Friday, September 19th. The stock was sold at an average price of $176.40, for a total transaction of $5,380,200.00. Following the sale, the chief financial officer owned 2,883,402 shares of the company’s stock, valued at approximately $508,632,112.80. This represents a 1.05% decrease in their ownership of the stock. The disclosure for this sale can be found here. Insiders sold a total of 4,148,818 shares of company stock valued at $720,112,070 in the last 90 days. Corporate insiders own 4.17% of the company’s stock.

NVIDIA Company Profile

NVIDIA Corporation provides graphics and compute and networking solutions in the United States, Taiwan, China, Hong Kong, and internationally. The Graphics segment offers GeForce GPUs for gaming and PCs, the GeForce NOW game streaming service and related infrastructure, and solutions for gaming platforms; Quadro/NVIDIA RTX GPUs for enterprise workstation graphics; virtual GPU or vGPU software for cloud-based visual and virtual computing; automotive platforms for infotainment systems; and Omniverse software for building and operating metaverse and 3D internet applications.