AAFMAA Wealth Management & Trust LLC lifted its stake in NVIDIA Corporation (NASDAQ:NVDA – Free Report) by 5.5% in the 2nd quarter, according to the company in its most recent Form 13F filing with the SEC. The fund owned 38,257 shares of the computer hardware maker’s stock after purchasing an additional 1,983 shares during the quarter. NVIDIA comprises about 2.5% of AAFMAA Wealth Management & Trust LLC’s holdings, making the stock its 7th largest holding. AAFMAA Wealth Management & Trust LLC’s holdings in NVIDIA were worth $6,044,000 as of its most recent filing with the SEC.
Several other hedge funds and other institutional investors have also recently made changes to their positions in the stock. Register Financial Advisors LLC increased its holdings in shares of NVIDIA by 43.1% in the second quarter. Register Financial Advisors LLC now owns 20,019 shares of the computer hardware maker’s stock valued at $3,163,000 after purchasing an additional 6,032 shares during the last quarter. Wealth Group Ltd. increased its stake in NVIDIA by 6.0% during the second quarter. Wealth Group Ltd. now owns 6,994 shares of the computer hardware maker’s stock worth $1,105,000 after acquiring an additional 396 shares during the last quarter. Dakota Wealth Management increased its stake in NVIDIA by 15.8% during the second quarter. Dakota Wealth Management now owns 420,839 shares of the computer hardware maker’s stock worth $66,489,000 after acquiring an additional 57,294 shares during the last quarter. Pacific Sage Partners LLC increased its stake in NVIDIA by 2.5% during the second quarter. Pacific Sage Partners LLC now owns 24,342 shares of the computer hardware maker’s stock worth $3,846,000 after acquiring an additional 592 shares during the last quarter. Finally, Maridea Wealth Management LLC increased its stake in NVIDIA by 18.7% during the second quarter. Maridea Wealth Management LLC now owns 53,799 shares of the computer hardware maker’s stock worth $8,500,000 after acquiring an additional 8,466 shares during the last quarter. Institutional investors and hedge funds own 65.27% of the company’s stock.
Wall Street Analyst Weigh In
Several equities research analysts have issued reports on the company. UBS Group reissued a “buy” rating on shares of NVIDIA in a research note on Tuesday, September 23rd. BNP Paribas raised NVIDIA to a “hold” rating in a research note on Friday, August 1st. Piper Sandler set a $225.00 target price on NVIDIA and gave the stock an “overweight” rating in a research note on Wednesday, August 13th. Phillip Securities raised NVIDIA from a “moderate buy” rating to a “strong-buy” rating in a research note on Monday, July 14th. Finally, Wedbush reissued an “outperform” rating and set a $210.00 target price on shares of NVIDIA in a research note on Thursday, August 28th. Four research analysts have rated the stock with a Strong Buy rating, thirty-seven have issued a Buy rating, four have issued a Hold rating and one has given a Sell rating to the company’s stock. According to MarketBeat.com, NVIDIA currently has a consensus rating of “Moderate Buy” and a consensus target price of $211.26.
NVIDIA Trading Down 0.3%
NASDAQ:NVDA opened at $185.04 on Wednesday. The firm has a market cap of $4.50 trillion, a PE ratio of 52.72, a price-to-earnings-growth ratio of 1.34 and a beta of 2.12. The stock has a fifty day moving average price of $178.48 and a 200 day moving average price of $149.30. NVIDIA Corporation has a 12-month low of $86.62 and a 12-month high of $191.05. The company has a current ratio of 4.21, a quick ratio of 3.60 and a debt-to-equity ratio of 0.08.
NVIDIA (NASDAQ:NVDA – Get Free Report) last released its earnings results on Wednesday, August 27th. The computer hardware maker reported $1.05 earnings per share (EPS) for the quarter, beating analysts’ consensus estimates of $1.01 by $0.04. The firm had revenue of $46.74 billion during the quarter, compared to analyst estimates of $45.65 billion. NVIDIA had a return on equity of 101.74% and a net margin of 52.41%.NVIDIA’s revenue was up 55.6% compared to the same quarter last year. During the same period last year, the business posted $0.68 earnings per share. NVIDIA has set its Q3 2026 guidance at EPS. Sell-side analysts anticipate that NVIDIA Corporation will post 2.77 earnings per share for the current fiscal year.
NVIDIA Announces Dividend
The business also recently announced a quarterly dividend, which was paid on Thursday, October 2nd. Investors of record on Thursday, September 11th were issued a $0.01 dividend. The ex-dividend date was Thursday, September 11th. This represents a $0.04 dividend on an annualized basis and a yield of 0.0%. NVIDIA’s dividend payout ratio (DPR) is 1.14%.
Insider Activity at NVIDIA
In other NVIDIA news, Director Mark A. Stevens sold 350,000 shares of NVIDIA stock in a transaction dated Friday, September 19th. The stock was 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 of the company’s stock, valued at $1,305,251,251.17. The trade was a 4.52% decrease in their position. The sale was disclosed in a filing with the Securities & Exchange Commission, which is available at this link. Also, CEO Jen Hsun Huang sold 75,000 shares of NVIDIA stock in a transaction dated Wednesday, July 23rd. The stock was sold at an average price of $169.54, for a total value of $12,715,500.00. Following the sale, the chief executive officer directly owned 74,123,225 shares of the company’s stock, valued at $12,566,851,566.50. This trade represents a 0.10% decrease in their ownership of the stock. The disclosure for this sale can be found here. Over the last three months, insiders sold 3,947,622 shares of company stock worth $694,333,235. Company insiders own 4.17% of the company’s stock.
NVIDIA 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.
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