NVIDIA Corporation $NVDA Stock Position Reduced by Arlington Capital Management Inc.

Key Points

• Arlington Capital Management Inc. reduced its position in NVIDIA stock by 18.1%, now holding 42,431 shares, making NVIDIA 5.8% of their portfolio.
• NVIDIA reported $46.74 billion in revenue for the last quarter, surpassing estimates, with a year-over-year revenue growth of 55.6%.
• Insiders, including Director Persis Drell and CEO Jen Hsun Huang, have sold significant amounts of stock recently, reflecting a total sale of 3.9 million shares valued at approximately $686 million in the last 90 days.

Arlington Capital Management Inc. cut its position in shares of NVIDIA Corporation (NASDAQ:NVDA - Free Report) by 18.1% during the second quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The firm owned 42,431 shares of the computer hardware maker's stock after selling 9,355 shares during the period. NVIDIA makes up 5.8% of Arlington Capital Management Inc.'s holdings, making the stock its 3rd biggest holding. Arlington Capital Management Inc.'s holdings in NVIDIA were worth $6,704,000 at the end of the most recent quarter.

A number of other institutional investors also recently bought and sold shares of the company. Retirement Guys Formula LLC raised its stake in NVIDIA by 2.6% during the second quarter. Retirement Guys Formula LLC now owns 19,522 shares of the computer hardware maker's stock worth $3,084,000 after purchasing an additional 489 shares during the period. Significant Wealth Partners LLC raised its stake in NVIDIA by 30.6% during the second quarter. Significant Wealth Partners LLC now owns 10,167 shares of the computer hardware maker's stock worth $1,606,000 after purchasing an additional 2,384 shares during the period. LeConte Wealth Management LLC raised its stake in NVIDIA by 41.0% during the second quarter. LeConte Wealth Management LLC now owns 20,883 shares of the computer hardware maker's stock worth $3,299,000 after purchasing an additional 6,071 shares during the period. BigSur Wealth Management LLC raised its stake in NVIDIA by 1.0% during the second quarter. BigSur Wealth Management LLC now owns 89,857 shares of the computer hardware maker's stock worth $14,197,000 after purchasing an additional 924 shares during the period. Finally, Floyd Financial Group LLC raised its stake in NVIDIA by 0.8% during the second quarter. Floyd Financial Group LLC now owns 57,656 shares of the computer hardware maker's stock worth $9,187,000 after purchasing an additional 471 shares during the period. 65.27% of the stock is owned by hedge funds and other institutional investors.

NVIDIA Price Performance

Shares of NVDA opened at $185.54 on Tuesday. NVIDIA Corporation has a fifty-two week low of $86.62 and a fifty-two week high of $191.05. The firm's 50 day moving average price is $178.29 and its 200 day moving average price is $149.05. The company has a market cap of $4.51 trillion, a P/E ratio of 52.86, a PEG ratio of 1.36 and a beta of 2.12. The company has a quick ratio of 3.60, a current ratio of 4.21 and a debt-to-equity ratio of 0.08.

NVIDIA (NASDAQ:NVDA - Get Free Report) last announced 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. 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 the consensus estimate of $45.65 billion. During the same period in the prior year, the firm earned $0.68 EPS. The firm's revenue for the quarter was up 55.6% on a year-over-year basis. NVIDIA has set its Q3 2026 guidance at EPS. On average, research analysts forecast that NVIDIA Corporation will post 2.77 earnings per share for the current fiscal year.

NVIDIA Announces Dividend

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

Insider Buying and Selling at NVIDIA

In related news, Director Persis Drell sold 40,000 shares of the company's stock in a transaction that occurred on Friday, September 19th. The shares were sold at an average price of $177.65, for a total transaction of $7,106,000.00. Following the sale, the director directly owned 138,740 shares of the company's stock, valued at $24,647,161. This represents a 22.38% decrease in their position. The sale was disclosed in a filing with the Securities & Exchange Commission, which is accessible through this hyperlink. Also, CEO Jen Hsun Huang sold 75,000 shares of the company's stock in a transaction that occurred on Wednesday, October 1st. The stock was sold at an average price of $186.61, for a total transaction of $13,995,750.00. Following the sale, the chief executive officer directly owned 71,083,203 shares in the company, valued at approximately $13,264,836,511.83. The trade was a 0.11% decrease in their ownership of the stock. The disclosure for this sale can be found here. Insiders sold 3,921,593 shares of company stock valued at $686,502,137 in the last 90 days. Corporate insiders own 4.17% of the company's stock.

Analyst Ratings Changes

NVDA has been the topic of a number of analyst reports. TD Cowen lifted their target price on shares of NVIDIA from $140.00 to $235.00 and gave the stock a "buy" rating in a research note on Tuesday, August 19th. Wells Fargo & Company lifted their target price on shares of NVIDIA from $185.00 to $220.00 and gave the stock an "overweight" rating in a research note on Monday, August 11th. 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. BNP Paribas raised shares of NVIDIA to a "hold" rating in a research note on Friday, August 1st. Finally, Daiwa Capital Markets boosted their price target on shares of NVIDIA from $165.00 to $205.00 and gave the company an "outperform" rating in a research note on Wednesday, September 17th. Four analysts have rated the stock with a Strong Buy rating, thirty-seven have assigned a Buy rating, four have assigned a Hold rating and one has issued a Sell rating to the company. According to MarketBeat.com, NVIDIA presently has an average rating of "Moderate Buy" and a consensus target price of $211.26.

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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