Toth Financial Advisory Corp Purchases 7,243 Shares of NVIDIA Corporation $NVDA

Key Points

• Toth Financial Advisory Corp increased its stake in NVIDIA Corporation by 22.7% during Q2, acquiring an additional 7,243 shares for a total of $6,190,000 in holdings.
• NVIDIA reported quarterly earnings of $1.05 per share, exceeding analyst expectations, with revenues of $46.74 billion, marking a 55.6% increase year-over-year.
• The company declared a quarterly dividend of $0.01 per share, with an ex-dividend date set for September 11th, reflecting a conservative payout ratio of 1.14%.

Toth Financial Advisory Corp lifted its stake in NVIDIA Corporation (NASDAQ:NVDA - Free Report) by 22.7% during the second quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission. The fund owned 39,179 shares of the computer hardware maker's stock after purchasing an additional 7,243 shares during the period. Toth Financial Advisory Corp's holdings in NVIDIA were worth $6,190,000 at the end of the most recent quarter.

A number of other hedge funds have also recently made changes to their positions in NVDA. Astoria Portfolio Advisors LLC. lifted its stake in NVIDIA by 0.9% in the first quarter. Astoria Portfolio Advisors LLC. now owns 93,568 shares of the computer hardware maker's stock worth $9,610,000 after acquiring an additional 864 shares during the period. Centerpoint Advisory Group increased 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 valued at $4,270,000 after acquiring an additional 943 shares in the last quarter. GSB Wealth Management LLC increased 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 valued at $3,534,000 after acquiring an additional 1,043 shares in the last quarter. Variant Private Wealth LLC increased 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 valued at $2,038,000 after acquiring an additional 3,206 shares in the last quarter. Finally, Financial Perspectives Inc increased 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 valued at $4,981,000 after acquiring an additional 1,265 shares in the last quarter. 65.27% of the stock is currently owned by institutional investors.

NVIDIA Trading Up 2.5%

Shares of NVDA stock opened at $186.44 on Wednesday. NVIDIA Corporation has a fifty-two week low of $86.62 and a fifty-two week high of $187.35. The company has a debt-to-equity ratio of 0.08, a quick ratio of 3.60 and a current ratio of 4.21. The stock's fifty day moving average is $177.20 and its two-hundred day moving average is $146.90. The firm has a market capitalization of $4.53 trillion, a P/E ratio of 53.12, a PEG ratio of 1.32 and a beta of 2.10.

NVIDIA (NASDAQ:NVDA - Get Free Report) last posted its quarterly earnings results on Wednesday, August 27th. The computer hardware maker reported $1.05 EPS for the quarter, topping the consensus estimate 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 for the quarter, compared to analyst estimates of $45.65 billion. During the same quarter in the previous year, the firm earned $0.68 EPS. The company's quarterly revenue was up 55.6% compared to the same quarter last year. NVIDIA has set its Q3 2026 guidance at EPS. Research analysts expect that NVIDIA Corporation will post 2.77 earnings per share for the current fiscal year.

NVIDIA Announces Dividend

The business also recently declared a quarterly dividend, which will be paid on Thursday, October 2nd. Stockholders of record on Thursday, September 11th will be issued a dividend of $0.01 per share. This represents a $0.04 annualized dividend and a dividend yield of 0.0%. The ex-dividend date is Thursday, September 11th. NVIDIA's payout ratio is currently 1.14%.

Wall Street Analyst Weigh In

NVDA has been the topic of several recent analyst reports. UBS Group restated a "buy" rating on shares of NVIDIA in a report on Tuesday, September 23rd. Loop Capital increased their price target on shares of NVIDIA from $175.00 to $250.00 and gave the stock a "buy" rating in a report on Wednesday, June 25th. Phillip Securities upgraded shares of NVIDIA from a "moderate buy" rating to a "strong-buy" rating in a report on Monday, July 14th. Benchmark raised their price objective on shares of NVIDIA from $190.00 to $220.00 and gave the stock a "buy" rating in a research note on Thursday, August 28th. Finally, Wolfe Research raised their price objective on shares of NVIDIA from $220.00 to $230.00 in a research note on Tuesday, September 23rd. Four investment analysts have rated the stock with a Strong Buy rating, thirty-six have given a Buy rating, four have issued a Hold rating and one has issued a Sell rating to the stock. According to data from MarketBeat, the company currently has an average rating of "Moderate Buy" and a consensus target price of $211.00.

Insider Transactions at NVIDIA

In other news, Director Mark A. Stevens sold 350,000 shares of NVIDIA stock in a transaction 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 transaction, the director owned 7,399,803 shares in the company, valued at $1,305,251,251.17. The trade was a 4.52% decrease in their position. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is available at this hyperlink. Also, Director Harvey C. Jones sold 250,000 shares of NVIDIA stock in a transaction on Thursday, September 18th. The stock was sold at an average price of $176.21, for a total value of $44,052,500.00. Following the transaction, the director owned 7,183,280 shares in the company, valued at approximately $1,265,765,768.80. This represents a 3.36% decrease in their position. The disclosure for this sale can be found here. Insiders have sold a total of 4,022,407 shares of company stock worth $700,382,754 in the last quarter. Company insiders own 4.17% of the company's stock.

About NVIDIA

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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