SYM FINANCIAL Corp Grows Stake in NVIDIA Corporation $NVDA

Key Points

• SYM FINANCIAL Corp increased its stake in NVIDIA by 12.9% during the first quarter, holding 81,192 shares valued at approximately $8.8 million.
• Multiple hedge funds have also bought NVIDIA shares recently, with notable increases in holdings reported by Astoria Portfolio Advisors and Variant Private Wealth LLC.
• NVIDIA's stock has displayed mixed earnings results, reporting $0.81 EPS for the last quarter, which was below analysts' estimates, while showing substantial 69.2% revenue growth year-over-year.

SYM FINANCIAL Corp grew its stake in shares of NVIDIA Corporation (NASDAQ:NVDA - Free Report) by 12.9% in the 1st quarter, according to its most recent Form 13F filing with the SEC. The institutional investor owned 81,192 shares of the computer hardware maker's stock after buying an additional 9,290 shares during the period. NVIDIA accounts for 1.1% of SYM FINANCIAL Corp's investment portfolio, making the stock its 12th biggest position. SYM FINANCIAL Corp's holdings in NVIDIA were worth $8,800,000 as of its most recent filing with the SEC.

Other hedge funds also recently bought and sold shares of the company. Astoria Portfolio Advisors LLC. boosted its holdings in shares of NVIDIA by 0.9% during the first quarter. Astoria Portfolio Advisors LLC. now owns 93,568 shares of the computer hardware maker's stock worth $9,610,000 after purchasing an additional 864 shares during the last quarter. Centerpoint Advisory Group boosted its holdings in shares of NVIDIA by 2.5% during the first quarter. Centerpoint Advisory Group now owns 39,398 shares of the computer hardware maker's stock worth $4,270,000 after purchasing an additional 943 shares during the last quarter. GSB Wealth Management LLC boosted its holdings in shares of NVIDIA by 3.3% during the first quarter. GSB Wealth Management LLC now owns 32,611 shares of the computer hardware maker's stock worth $3,534,000 after purchasing an additional 1,043 shares during the last quarter. Variant Private Wealth LLC boosted its holdings in shares of NVIDIA by 20.6% during the first quarter. Variant Private Wealth LLC now owns 18,800 shares of the computer hardware maker's stock worth $2,038,000 after purchasing an additional 3,206 shares during the last quarter. Finally, Financial Perspectives Inc boosted its holdings in shares of NVIDIA by 2.8% during the first quarter. Financial Perspectives Inc now owns 45,958 shares of the computer hardware maker's stock worth $4,981,000 after purchasing an additional 1,265 shares during the last quarter. Hedge funds and other institutional investors own 65.27% of the company's stock.

Analyst Upgrades and Downgrades

A number of brokerages recently weighed in on NVDA. Cantor Fitzgerald reiterated an "overweight" rating and issued a $240.00 target price (up previously from $200.00) on shares of NVIDIA in a report on Monday. Barclays lifted their target price on NVIDIA from $170.00 to $200.00 and gave the company an "overweight" rating in a report on Tuesday, June 17th. Oppenheimer lifted their target price on NVIDIA from $175.00 to $200.00 and gave the company an "outperform" rating in a report on Tuesday, July 15th. Benchmark reiterated a "buy" rating and issued a $190.00 target price on shares of NVIDIA in a report on Thursday, May 29th. Finally, Arete Research upgraded NVIDIA to a "strong-buy" rating in a report on Wednesday, May 21st. Four research analysts have rated the stock with a Strong Buy rating, thirty-two have assigned a Buy rating, five have issued a Hold rating and one has issued a Sell rating to the stock. According to MarketBeat, the stock presently has an average rating of "Moderate Buy" and an average target price of $189.97.

NVIDIA Stock Down 0.1%

Shares of NASDAQ NVDA opened at $175.40 on Thursday. NVIDIA Corporation has a 1 year low of $86.62 and a 1 year high of $184.48. The firm has a market cap of $4.28 trillion, a price-to-earnings ratio of 56.58, a PEG ratio of 1.54 and a beta of 2.14. The company has a debt-to-equity ratio of 0.10, a quick ratio of 2.96 and a current ratio of 3.39. The stock's 50-day simple moving average is $166.03 and its 200-day simple moving average is $136.50.

NVIDIA (NASDAQ:NVDA - Get Free Report) last announced its earnings results on Wednesday, May 28th. The computer hardware maker reported $0.81 earnings per share (EPS) for the quarter, missing analysts' consensus estimates of $0.87 by ($0.06). The business had revenue of $44.06 billion for the quarter, compared to analysts' expectations of $43.09 billion. NVIDIA had a return on equity of 105.09% and a net margin of 51.69%.The firm's revenue was up 69.2% compared to the same quarter last year. During the same period in the previous year, the firm posted $0.61 earnings per share. NVIDIA has set its Q2 2026 guidance at EPS. As a group, equities analysts anticipate that NVIDIA Corporation will post 2.77 earnings per share for the current fiscal year.

NVIDIA Announces Dividend

The business also recently announced a quarterly dividend, which was paid on Thursday, July 3rd. Shareholders of record on Wednesday, June 11th were paid a $0.01 dividend. This represents a $0.04 dividend on an annualized basis and a yield of 0.0%. The ex-dividend date was Wednesday, June 11th. NVIDIA's payout ratio is presently 1.29%.

Insider Buying and Selling

In other NVIDIA news, Director Mark A. Stevens sold 935,000 shares of NVIDIA stock in a transaction that occurred on Tuesday, June 3rd. The stock was sold at an average price of $140.92, for a total value of $131,760,200.00. Following the completion of the transaction, the director directly owned 9,214,697 shares in the company, valued at $1,298,535,101.24. The trade was a 9.21% decrease in their ownership of the stock. The sale was disclosed in a legal filing with the SEC, which is available at this link. Also, EVP Ajay K. Puri sold 168,195 shares of NVIDIA stock in a transaction that occurred on Wednesday, June 25th. The shares were sold at an average price of $152.64, for a total value of $25,673,284.80. Following the completion of the transaction, the executive vice president owned 4,018,547 shares of the company's stock, valued at approximately $613,391,014.08. The trade was a 4.02% decrease in their ownership of the stock. The disclosure for this sale can be found here. In the last ninety days, insiders have sold 5,912,440 shares of company stock valued at $902,886,782. 4.17% of the stock is currently owned by insiders.

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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