Aaron Wealth Advisors LLC Increases Stock Holdings in NVIDIA Corporation $NVDA

Key Points

• Aaron Wealth Advisors LLC increased its holdings in NVIDIA Corporation by 7.1% during the second quarter, now owning 150,018 shares valued at around $23.7 million, making NVIDIA the firm's 8th largest investment.
• Multiple institutional investors have recently adjusted their positions in NVIDIA, with notable increases in stakes, including a 5,900% rise by Campbell Capital Management in the first quarter.
• NVIDIA reported a net margin of 52.41% and revenue of $46.74 billion in its last earnings, surpassing analyst expectations, alongside a recent dividend declaration of $0.01 per share.

Aaron Wealth Advisors LLC boosted its position in NVIDIA Corporation (NASDAQ:NVDA - Free Report) by 7.1% during the second quarter, according to its most recent 13F filing with the SEC. The firm owned 150,018 shares of the computer hardware maker's stock after acquiring an additional 10,003 shares during the period. NVIDIA accounts for approximately 2.4% of Aaron Wealth Advisors LLC's portfolio, making the stock its 8th largest holding. Aaron Wealth Advisors LLC's holdings in NVIDIA were worth $23,701,000 at the end of the most recent quarter.

Several other hedge funds and other institutional investors also recently modified their holdings of NVDA. Copia Wealth Management bought a new stake in shares of NVIDIA during the 4th quarter valued at $50,000. Kathleen S. Wright Associates Inc. increased its position in shares of NVIDIA by 169.3% during the first 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 period. Barnes Dennig Private Wealth Management LLC bought a new stake in shares of NVIDIA during the first quarter valued at about $51,000. Bruce G. Allen Investments LLC increased its position in shares of NVIDIA by 198.2% during the first quarter. Bruce G. Allen Investments LLC now owns 492 shares of the computer hardware maker's stock valued at $53,000 after buying an additional 327 shares during the period. Finally, Campbell Capital Management Inc. increased its position in shares of NVIDIA by 5,900.0% during the first quarter. Campbell Capital Management Inc. now owns 600 shares of the computer hardware maker's stock valued at $65,000 after buying an additional 590 shares during the period. Institutional investors own 65.27% of the company's stock.

Analyst Ratings Changes

NVDA has been the topic of a number of analyst reports. Cantor Fitzgerald reaffirmed an "overweight" rating and set a $240.00 target price on shares of NVIDIA in a report on Thursday, August 28th. Bank of America upped their price target on shares of NVIDIA from $220.00 to $235.00 and gave the stock a "buy" rating in a report on Thursday, August 28th. Barclays reaffirmed an "overweight" rating on shares of NVIDIA in a report on Monday. Raymond James Financial upped their target price on NVIDIA from $150.00 to $165.00 and gave the stock a "strong-buy" rating in a research note on Thursday, May 29th. Finally, BNP Paribas upgraded NVIDIA to a "hold" rating in a research note on Friday, August 1st. Four analysts have rated the stock with a Strong Buy rating, thirty-six have given a Buy rating, four have assigned a Hold rating and one has issued a Sell rating to the company's stock. According to data from MarketBeat, the stock has an average rating of "Moderate Buy" and an average price target of $208.47.

Insider Buying and Selling

In related news, CEO Jen Hsun Huang sold 75,000 shares of the firm's stock in a transaction dated Friday, September 19th. The stock was sold at an average price of $176.42, for a total value of $13,231,500.00. Following the sale, the chief executive officer directly owned 71,683,203 shares of the company's stock, valued at $12,646,350,673.26. This trade represents a 0.10% 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, CFO Colette Kress sold 30,500 shares of the firm's stock in a transaction dated Friday, September 19th. The stock was sold at an average price of $176.40, for a total value of $5,380,200.00. Following the completion of the sale, the chief financial officer directly owned 2,883,402 shares in the company, valued at $508,632,112.80. The trade was a 1.05% decrease in their ownership of the stock. The disclosure for this sale can be found here. Insiders sold 4,109,874 shares of company stock valued at $698,280,697 over the last ninety days. Corporate insiders own 4.17% of the company's stock.

NVIDIA Price Performance

NVDA opened at $183.61 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 1 year low of $86.62 and a 1 year high of $184.55. The firm has a market cap of $4.46 trillion, a price-to-earnings ratio of 52.31, a PEG ratio of 1.28 and a beta of 2.10. The stock's 50 day simple moving average is $176.12 and its 200 day simple moving average is $144.35.

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

NVIDIA Dividend Announcement

The company also recently declared a quarterly dividend, which will be paid on Thursday, October 2nd. Shareholders of record on Thursday, September 11th will be issued a $0.01 dividend. This represents a $0.04 dividend on an annualized basis and a yield of 0.0%. The ex-dividend date of this dividend is Thursday, September 11th. NVIDIA's dividend payout ratio (DPR) 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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