AA Financial Advisors LLC Sells 2,828 Shares of NVIDIA Corporation $NVDA

Key Points

• AA Financial Advisors LLC reduced its stake in NVIDIA Corporation by 8.7%, selling 2,828 shares and owning 29,791 shares valued at $4,707,000.
• Several hedge funds, including Kingstone Capital Partners Texas LLC and Goldman Sachs Group Inc., significantly increased their stakes in NVIDIA, showcasing strong institutional interest in the company.
• NVIDIA reported a quarterly earnings per share of $1.05, exceeding analysts' estimates, with a year-over-year revenue increase of 55.6%.

AA Financial Advisors LLC lowered its stake in NVIDIA Corporation (NASDAQ:NVDA - Free Report) by 8.7% in the 2nd quarter, according to its most recent 13F filing with the Securities & Exchange Commission. The institutional investor owned 29,791 shares of the computer hardware maker's stock after selling 2,828 shares during the quarter. AA Financial Advisors LLC's holdings in NVIDIA were worth $4,707,000 at the end of the most recent reporting period.

Several other hedge funds also recently modified their holdings of the stock. Kingstone Capital Partners Texas LLC increased its stake in shares of NVIDIA by 267,959.7% in the 2nd quarter. Kingstone Capital Partners Texas LLC now owns 382,373,765 shares of the computer hardware maker's stock valued at $64,976,521,000 after acquiring an additional 382,231,120 shares in the last quarter. UBS AM A Distinct Business Unit of UBS Asset Management Americas LLC increased its stake in NVIDIA by 2.9% during the 1st quarter. UBS AM A Distinct Business Unit of UBS Asset Management Americas LLC now owns 206,794,926 shares of the computer hardware maker's stock valued at $22,412,434,000 after purchasing an additional 5,896,735 shares in the last quarter. UBS AM a distinct business unit of UBS ASSET MANAGEMENT AMERICAS LLC increased its stake in NVIDIA by 11.4% during the 4th quarter. UBS AM a distinct business unit of UBS ASSET MANAGEMENT AMERICAS LLC now owns 200,898,191 shares of the computer hardware maker's stock valued at $26,978,618,000 after purchasing an additional 20,494,402 shares in the last quarter. Goldman Sachs Group Inc. increased its stake in NVIDIA by 123.5% during the 1st quarter. Goldman Sachs Group Inc. now owns 187,995,213 shares of the computer hardware maker's stock valued at $20,374,921,000 after purchasing an additional 103,889,872 shares in the last quarter. Finally, Nuveen LLC bought a new stake in NVIDIA during the 1st quarter valued at $15,089,414,000. Institutional investors own 65.27% of the company's stock.

Analyst Ratings Changes

A number of brokerages have commented on NVDA. Cantor Fitzgerald restated an "overweight" rating and set a $240.00 price target on shares of NVIDIA in a research note on Thursday, August 28th. Mizuho boosted their price target on shares of NVIDIA from $192.00 to $205.00 and gave the company an "outperform" rating in a research note on Thursday, August 14th. Morgan Stanley boosted their price target on shares of NVIDIA from $206.00 to $210.00 and gave the company an "overweight" rating in a research note on Thursday, August 28th. KeyCorp reiterated an "overweight" rating and issued a $230.00 target price (up previously from $215.00) on shares of NVIDIA in a research note on Thursday, August 28th. Finally, Robert W. Baird upped their target price on shares of NVIDIA from $195.00 to $225.00 and gave the stock an "outperform" rating in a research note on Monday, August 25th. Four equities research analysts have rated the stock with a Strong Buy rating, thirty-six have given a Buy rating, four have issued a Hold rating and one has assigned a Sell rating to the company's stock. According to data from MarketBeat.com, the company presently has a consensus rating of "Moderate Buy" and a consensus price target of $209.82.

Insider Buying and Selling at NVIDIA

In other NVIDIA news, Director Mark A. Stevens sold 350,000 shares of the company's stock in a transaction dated 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 sale, the director directly owned 7,399,803 shares of the company's stock, valued at $1,305,251,251.17. This represents a 4.52% decrease in their ownership of the stock. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is available through this link. Also, CEO Jen Hsun Huang sold 75,000 shares of the company's stock in a transaction dated Wednesday, September 24th. The shares were sold at an average price of $177.60, for a total transaction of $13,320,000.00. Following the sale, the chief executive officer directly owned 71,458,203 shares in the company, valued at approximately $12,690,976,852.80. 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 90 days, insiders sold 4,176,470 shares of company stock valued at $720,979,162. Insiders own 4.17% of the company's stock.

NVIDIA Price Performance

Shares of NASDAQ:NVDA opened at $178.19 on Friday. The company's 50-day moving average is $176.60 and its 200 day moving average is $145.99. The company has a debt-to-equity ratio of 0.08, a quick ratio of 3.60 and a current ratio of 4.21. The company has a market capitalization of $4.33 trillion, a P/E ratio of 50.77, a price-to-earnings-growth ratio of 1.29 and a beta of 2.10. NVIDIA Corporation has a fifty-two week low of $86.62 and a fifty-two week high of $184.55.

NVIDIA (NASDAQ:NVDA - Get Free Report) last issued its quarterly earnings results on Wednesday, August 27th. The computer hardware maker reported $1.05 earnings per share for the quarter, topping analysts' consensus estimates of $1.01 by $0.04. The company 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% on a year-over-year basis. During the same period in the previous year, the firm earned $0.68 EPS. NVIDIA has set its Q3 2026 guidance at EPS. On average, equities research analysts forecast that NVIDIA Corporation will post 2.77 earnings per share for the current year.

NVIDIA Dividend Announcement

The firm also recently disclosed a quarterly dividend, which will be paid on Thursday, October 2nd. Shareholders of record on Thursday, September 11th will be issued a dividend of $0.01 per share. The ex-dividend date of this dividend is Thursday, September 11th. This represents a $0.04 annualized dividend and a yield of 0.0%. NVIDIA's dividend payout ratio is 1.14%.

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.

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