Brucke Financial Inc. Boosts Stock Holdings in NVIDIA Corporation $NVDA

Key Points

• Brucke Financial Inc. has increased its stake in NVIDIA Corporation by 18.8%, now owning 33,446 shares valued at approximately $3.64 million.
• NVIDIA reported earnings per share of $1.05 for the last quarter, exceeding estimates, with revenue of $46.74 billion, a 55.6% increase from the previous year.
• The company also announced a $0.01 quarterly dividend to be paid on October 2nd, reflecting a 0.0% dividend yield.

Brucke Financial Inc. increased its holdings in shares of NVIDIA Corporation (NASDAQ:NVDA - Free Report) by 18.8% during the 1st quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The institutional investor owned 33,446 shares of the computer hardware maker's stock after acquiring an additional 5,291 shares during the period. NVIDIA makes up 3.2% of Brucke Financial Inc.'s investment portfolio, making the stock its 4th largest holding. Brucke Financial Inc.'s holdings in NVIDIA were worth $3,643,000 as of its most recent SEC filing.

Several other hedge funds have also bought and sold shares of the business. FOCUS Wealth Advisors LLC boosted its stake in NVIDIA by 10.5% during the first quarter. FOCUS Wealth Advisors LLC now owns 23,956 shares of the computer hardware maker's stock worth $2,596,000 after acquiring an additional 2,286 shares in the last quarter. Nan Fung Trinity HK Ltd. bought a new stake in NVIDIA during the first quarter worth about $19,292,000. Harvest Fund Management Co. Ltd raised its holdings in NVIDIA by 1.9% in the first quarter. Harvest Fund Management Co. Ltd now owns 1,250,496 shares of the computer hardware maker's stock worth $136,004,000 after buying an additional 22,786 shares during the last quarter. WIM INVESTMENT MANAGEMENT Ltd raised its holdings in NVIDIA by 48.0% in the first quarter. WIM INVESTMENT MANAGEMENT Ltd now owns 111,000 shares of the computer hardware maker's stock worth $12,030,000 after buying an additional 36,000 shares during the last quarter. Finally, S&CO Inc. raised its holdings in NVIDIA by 0.4% in the first quarter. S&CO Inc. now owns 75,132 shares of the computer hardware maker's stock worth $8,142,000 after buying an additional 277 shares during the last quarter. Institutional investors own 65.27% of the company's stock.

NVIDIA Stock Down 3.3%

Shares of NVDA stock opened at $174.18 on Friday. The company has a 50 day simple moving average of $170.83 and a two-hundred day simple moving average of $139.02. The company has a current ratio of 4.21, a quick ratio of 2.96 and a debt-to-equity ratio of 0.08. The stock has a market cap of $4.23 trillion, a P/E ratio of 49.62, a P/E/G ratio of 1.58 and a beta of 2.14. NVIDIA Corporation has a 12 month low of $86.62 and a 12 month high of $184.48.

NVIDIA (NASDAQ:NVDA - Get Free Report) last announced its quarterly earnings data on Wednesday, August 27th. The computer hardware maker reported $1.05 earnings per share (EPS) for the quarter, topping analysts' consensus estimates of $1.01 by $0.04. The firm had revenue of $46.74 billion during the quarter, compared to analysts' expectations of $45.65 billion. NVIDIA had a net margin of 52.41% and a return on equity of 101.74%. The company's revenue for the quarter was up 55.6% compared to the same quarter last year. During the same period in the prior year, the company posted $0.68 earnings per share. NVIDIA has set its Q3 2026 guidance at EPS. On average, research analysts expect that NVIDIA Corporation will post 2.77 earnings per share for the current year.

NVIDIA Announces Dividend

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

Insiders Place Their Bets

In other news, CEO Jen Hsun Huang sold 75,000 shares of the stock in a transaction on Friday, August 15th. The shares were sold at an average price of $179.76, for a total value of $13,482,000.00. Following the completion of the sale, the chief executive officer directly owned 72,848,225 shares of the company's stock, valued at $13,095,196,926. This represents a 0.10% decrease in their ownership of the stock. The sale was disclosed in a document filed with the SEC, which is available at this hyperlink. Also, CFO Colette Kress sold 27,640 shares of the stock in a transaction on Monday, August 4th. The stock was sold at an average price of $178.06, for a total transaction of $4,921,578.40. Following the completion of the sale, the chief financial officer directly owned 2,956,876 shares of the company's stock, valued at approximately $526,501,340.56. This trade represents a 0.93% decrease in their ownership of the stock. The disclosure for this sale can be found here. Over the last three months, insiders sold 5,862,440 shares of company stock valued at $896,145,782. Corporate insiders own 4.17% of the company's stock.

Wall Street Analysts Forecast Growth

Several brokerages have issued reports on NVDA. Barclays lifted their target price on shares of NVIDIA from $170.00 to $200.00 and gave the stock an "overweight" rating in a report on Tuesday, June 17th. Wedbush reaffirmed an "outperform" rating and issued a $210.00 target price on shares of NVIDIA in a report on Thursday. Mizuho lifted their target price on shares of NVIDIA from $192.00 to $205.00 and gave the stock an "outperform" rating in a report on Thursday, August 14th. Raymond James Financial lifted their target price on shares of NVIDIA from $150.00 to $165.00 and gave the stock a "strong-buy" rating in a report on Thursday, May 29th. Finally, UBS Group lifted their target price on shares of NVIDIA from $175.00 to $205.00 and gave the stock a "buy" rating in a report on Thursday, August 21st. Four analysts have rated the stock with a Strong Buy rating, thirty-three have issued a Buy rating, five have issued a Hold rating and one has issued a Sell rating to the company's stock. According to MarketBeat, NVIDIA has a consensus rating of "Moderate Buy" and a consensus price target of $207.69.

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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