TigerOak Management L.L.C. Purchases 2,141 Shares of NVIDIA Corporation $NVDA

Key Points

• TigerOak Management L.L.C. increased its holdings in NVIDIA Corporation by 0.9%, acquiring an additional 2,141 shares to total 246,247 shares, which constitutes approximately 13.3% of its portfolio.
• NVIDIA reported a quarterly EPS of $1.05, surpassing analyst estimates of $1.01, with a revenue increase of 55.6% year-over-year.
• The company recently announced a quarterly dividend of $0.01, with the annualized yield being 0.0% and a payout ratio of 1.14%.

TigerOak Management L.L.C. lifted its position in shares of NVIDIA Corporation (NASDAQ:NVDA - Free Report) by 0.9% during the 2nd quarter, according to the company in its most recent 13F filing with the Securities & Exchange Commission. The institutional investor owned 246,247 shares of the computer hardware maker's stock after acquiring an additional 2,141 shares during the quarter. NVIDIA makes up approximately 13.3% of TigerOak Management L.L.C.'s portfolio, making the stock its biggest position. TigerOak Management L.L.C.'s holdings in NVIDIA were worth $38,905,000 at the end of the most recent reporting period.

Other hedge funds also recently modified their holdings of the company. Kathleen S. Wright Associates Inc. boosted its holdings in shares of NVIDIA by 169.3% during the 1st quarter. Kathleen S. Wright Associates Inc. now owns 404 shares of the computer hardware maker's stock valued at $44,000 after acquiring an additional 254 shares in the last quarter. Westend Capital Management LLC lifted its holdings in NVIDIA by 46.8% during the 2nd quarter. Westend Capital Management LLC now owns 455 shares of the computer hardware maker's stock worth $72,000 after buying an additional 145 shares during the period. Barnes Dennig Private Wealth Management LLC acquired a new position in NVIDIA during the 1st quarter worth about $51,000. Bruce G. Allen Investments LLC lifted its holdings in NVIDIA by 198.2% during the 1st quarter. Bruce G. Allen Investments LLC now owns 492 shares of the computer hardware maker's stock worth $53,000 after buying an additional 327 shares during the period. Finally, Campbell Capital Management Inc. lifted its holdings in NVIDIA by 5,900.0% during the 1st quarter. Campbell Capital Management Inc. now owns 600 shares of the computer hardware maker's stock worth $65,000 after buying an additional 590 shares during the period. Institutional investors and hedge funds own 65.27% of the company's stock.

NVIDIA Stock Performance

Shares of NVIDIA stock opened at $185.54 on Tuesday. NVIDIA Corporation has a one year low of $86.62 and a one year high of $191.05. The firm has a market capitalization of $4.51 trillion, a price-to-earnings ratio of 52.86, a PEG ratio of 1.36 and a beta of 2.12. The business has a 50-day simple moving average of $178.29 and a 200 day simple moving average of $149.05. 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 (NASDAQ:NVDA - Get Free Report) last issued its earnings results on Wednesday, August 27th. The computer hardware maker reported $1.05 EPS for the quarter, beating analysts' consensus estimates of $1.01 by $0.04. NVIDIA had a return on equity of 101.74% and a net margin of 52.41%.The business had revenue of $46.74 billion during the quarter, compared to analyst estimates of $45.65 billion. During the same period in the previous year, the company posted $0.68 EPS. The firm's revenue was up 55.6% compared to the same quarter last year. NVIDIA has set its Q3 2026 guidance at EPS. On average, research analysts anticipate that NVIDIA Corporation will post 2.77 earnings per share for the current fiscal year.

NVIDIA Announces Dividend

The company also recently announced a quarterly dividend, which was paid on Thursday, October 2nd. Investors of record on Thursday, September 11th were given 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 was Thursday, September 11th. NVIDIA's payout ratio is presently 1.14%.

Analyst Upgrades and Downgrades

Several research analysts have commented on the company. Rosenblatt Securities reaffirmed a "buy" rating and set a $215.00 target price on shares of NVIDIA in a report on Tuesday, September 23rd. Oppenheimer reaffirmed an "outperform" rating and set a $225.00 target price (up from $200.00) on shares of NVIDIA in a report on Thursday, August 28th. Robert W. Baird lifted their target price on NVIDIA from $195.00 to $225.00 and gave the stock an "outperform" rating in a report on Monday, August 25th. Mizuho lifted their target price on NVIDIA from $192.00 to $205.00 and gave the stock an "outperform" rating in a report on Thursday, August 14th. Finally, New Street Research lifted their target price on NVIDIA from $200.00 to $235.00 and gave the stock a "buy" rating in a report on Friday, September 12th. Four equities research analysts have rated the stock with a Strong Buy rating, thirty-seven have issued a Buy rating, four have issued a Hold rating and one has issued a Sell rating to the stock. Based on data from MarketBeat.com, NVIDIA currently has a consensus rating of "Moderate Buy" and an average price target of $211.26.

Insider Transactions at NVIDIA

In other NVIDIA news, Director Mark A. Stevens sold 350,000 shares of the business's stock in a transaction that occurred on Friday, September 19th. The stock was sold at an average price of $176.39, for a total transaction of $61,736,500.00. Following the completion of the sale, the director directly owned 7,399,803 shares of the company's stock, valued at approximately $1,305,251,251.17. The trade was a 4.52% decrease in their position. The sale was disclosed in a document filed with the SEC, which is accessible through this hyperlink. Also, CEO Jen Hsun Huang sold 75,000 shares of the business'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 value of $13,995,750.00. Following the sale, the chief executive officer directly owned 71,083,203 shares of the company's stock, valued at $13,264,836,511.83. This represents a 0.11% decrease in their ownership of the stock. The disclosure for this sale can be found here. Over the last quarter, insiders sold 3,921,593 shares of company stock valued at $686,502,137. 4.17% of the stock is currently owned by corporate 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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