Arista Wealth Management LLC Purchases 61,759 Shares of NVIDIA Corporation $NVDA

Arista Wealth Management LLC raised its position in shares of NVIDIA Corporation (NASDAQ:NVDAFree Report) by 2,506.5% in the second quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The firm owned 64,223 shares of the computer hardware maker’s stock after acquiring an additional 61,759 shares during the period. NVIDIA makes up 1.4% of Arista Wealth Management LLC’s portfolio, making the stock its 16th biggest holding. Arista Wealth Management LLC’s holdings in NVIDIA were worth $10,147,000 at the end of the most recent reporting period.

Other hedge funds have also recently bought and sold shares of the company. Harbor Asset Planning Inc. bought a new position in NVIDIA in the second quarter worth $28,000. Kathleen S. Wright Associates Inc. boosted its position in NVIDIA by 169.3% in the 1st quarter. Kathleen S. Wright Associates Inc. now owns 404 shares of the computer hardware maker’s stock valued at $44,000 after buying an additional 254 shares during the last quarter. Barnes Dennig Private Wealth Management LLC acquired a new stake in NVIDIA in the first quarter worth about $51,000. Legend Financial Advisors Inc. acquired a new position in NVIDIA in the second quarter valued at approximately $55,000. Finally, Campbell Capital Management Inc. boosted 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 purchasing an additional 590 shares during the last quarter. 65.27% of the stock is owned by institutional investors.

NVIDIA Price Performance

Shares of NASDAQ:NVDA opened at $199.05 on Tuesday. 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 one year low of $86.62 and a one year high of $212.19. The company has a market cap of $4.84 trillion, a price-to-earnings ratio of 56.71, a PEG ratio of 1.49 and a beta of 2.11. The firm has a 50 day simple moving average of $183.93 and a 200 day simple moving average of $164.05.

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

NVIDIA Announces Dividend

The business also recently disclosed a quarterly dividend, which was paid on Thursday, October 2nd. Stockholders of record on Thursday, September 11th were given a dividend of $0.01 per share. This represents a $0.04 dividend on an annualized basis and a dividend yield of 0.0%. The ex-dividend date was Thursday, September 11th. NVIDIA’s dividend payout ratio (DPR) is 1.14%.

Insider Buying and Selling at NVIDIA

In other news, CEO Jen Hsun Huang sold 25,000 shares of NVIDIA stock in a transaction on Wednesday, October 29th. The shares were sold at an average price of $207.91, for a total value of $5,197,750.00. Following the completion of the sale, the chief executive officer owned 69,733,203 shares in the company, valued at $14,498,230,235.73. The trade was a 0.04% decrease in their position. The transaction was disclosed in a legal filing with the SEC, which is available through this link. Also, CFO Colette Kress sold 27,640 shares of the stock in a transaction dated Monday, November 3rd. The stock was sold at an average price of $208.33, for a total transaction of $5,758,241.20. Following the transaction, the chief financial officer directly owned 2,828,122 shares in the company, valued at $589,182,656.26. This trade represents a 0.97% decrease in their position. The SEC filing for this sale provides additional information. Over the last quarter, insiders have sold 3,401,577 shares of company stock valued at $610,228,687. 4.17% of the stock is currently owned by corporate insiders.

Analysts Set New Price Targets

A number of equities analysts have recently weighed in on NVDA shares. Oppenheimer reissued an “outperform” rating and set a $225.00 price target (up from $200.00) on shares of NVIDIA in a research report on Thursday, August 28th. Sanford C. Bernstein restated a “buy” rating on shares of NVIDIA in a report on Tuesday, September 23rd. Phillip Securities upgraded shares of NVIDIA from a “moderate buy” rating to a “strong-buy” rating in a research note on Monday, July 14th. BNP Paribas upgraded NVIDIA to a “hold” rating in a research note on Friday, August 1st. Finally, DA Davidson set a $250.00 target price on NVIDIA and gave the stock a “buy” rating in a research note on Wednesday, October 29th. Five research analysts have rated the stock with a Strong Buy rating, forty have given a Buy rating, two have issued a Hold rating and one has issued a Sell rating to the company’s stock. According to MarketBeat.com, the company currently has a consensus rating of “Buy” and a consensus price target of $234.00.

Check Out Our Latest Report on NVIDIA

NVIDIA Profile

(Free Report)

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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Institutional Ownership by Quarter for NVIDIA (NASDAQ:NVDA)

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