Berger Financial Group Inc Grows Stock Holdings in NVIDIA Corporation $NVDA

Berger Financial Group Inc increased its stake in shares of NVIDIA Corporation (NASDAQ:NVDA) by 1.7% during the first quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission. The institutional investor owned 136,120 shares of the computer hardware maker’s stock after buying an additional 2,327 shares during the period. NVIDIA comprises 1.0% of Berger Financial Group Inc’s portfolio, making the stock its 19th largest holding. Berger Financial Group Inc’s holdings in NVIDIA were worth $14,753,000 as of its most recent filing with the Securities and Exchange Commission.

Several other institutional investors and hedge funds also recently modified their holdings of the business. Pandora Wealth Inc. acquired a new position in shares of NVIDIA in the first quarter valued at approximately $2,649,000. Sierra Summit Advisors LLC grew its stake in NVIDIA by 0.5% during the first quarter. Sierra Summit Advisors LLC now owns 218,730 shares of the computer hardware maker’s stock worth $23,706,000 after buying an additional 1,025 shares during the period. Fiduciary Family Office LLC grew its stake in NVIDIA by 3,035.4% during the first quarter. Fiduciary Family Office LLC now owns 60,765 shares of the computer hardware maker’s stock worth $6,586,000 after buying an additional 58,827 shares during the period. Stonebridge Capital Management Inc. grew its stake in NVIDIA by 5.3% during the first quarter. Stonebridge Capital Management Inc. now owns 39,870 shares of the computer hardware maker’s stock worth $4,321,000 after buying an additional 2,000 shares during the period. Finally, True North Advisors LLC boosted its stake in shares of NVIDIA by 2.2% in the first quarter. True North Advisors LLC now owns 24,483 shares of the computer hardware maker’s stock valued at $2,653,000 after purchasing an additional 519 shares during the period. Hedge funds and other institutional investors own 65.27% of the company’s stock.

NVIDIA Stock Up 0.8%

Shares of NASDAQ:NVDA opened at $168.31 on Tuesday. NVIDIA Corporation has a 52 week low of $86.62 and a 52 week high of $184.48. 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 company’s fifty day moving average is $172.94 and its 200-day moving average is $140.44. The company has a market capitalization of $4.09 trillion, a PE ratio of 47.95, a P/E/G ratio of 1.21 and a beta of 2.10.

NVIDIA (NASDAQ:NVDA) last issued its quarterly earnings results on Wednesday, August 27th. The computer hardware maker reported $1.05 earnings per share (EPS) for the quarter, topping the consensus estimate of $1.01 by $0.04. The business had revenue of $46.74 billion for the quarter, compared to the consensus estimate of $45.65 billion. NVIDIA had a net margin of 52.41% and a return on equity of 101.74%. The firm’s quarterly revenue was up 55.6% on a year-over-year basis. During the same quarter in the prior year, the company earned $0.68 EPS. NVIDIA has set its Q3 2026 guidance at EPS. Equities research analysts predict that NVIDIA Corporation will post 2.77 earnings per share for the current fiscal year.

NVIDIA Dividend Announcement

The firm also recently announced a quarterly dividend, which will be paid on Thursday, October 2nd. Shareholders of record on Thursday, September 11th will be given a dividend of $0.01 per share. The ex-dividend date is Thursday, September 11th. This represents a $0.04 dividend on an annualized basis and a yield of 0.0%. NVIDIA’s dividend payout ratio is presently 1.14%.

Wall Street Analyst Weigh In

NVDA has been the topic of a number of research analyst reports. Craig Hallum increased their price objective on shares of NVIDIA from $195.00 to $245.00 and gave the company a “buy” rating in a research note on Thursday, August 28th. Evercore ISI increased their target price on shares of NVIDIA from $190.00 to $214.00 and gave the company an “outperform” rating in a research report on Friday, August 22nd. Jefferies Financial Group increased their target price on shares of NVIDIA from $200.00 to $205.00 and gave the company a “buy” rating in a research report on Thursday, August 28th. Oppenheimer restated an “outperform” rating and set a $225.00 price objective (up previously from $200.00) on shares of NVIDIA in a research report on Thursday, August 28th. Finally, Wall Street Zen upgraded shares of NVIDIA from a “hold” rating to a “buy” rating in a research report on Friday. Four research 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 assigned a Sell rating to the company’s stock. Based on data from MarketBeat.com, the company currently has a consensus rating of “Moderate Buy” and a consensus target price of $207.42.

Insider Buying and Selling at NVIDIA

In other news, Director Mark A. Stevens sold 608,248 shares of the company’s stock in a transaction dated Wednesday, June 18th. The stock was sold at an average price of $145.26, for a total value of $88,354,104.48. Following the completion of the sale, the director directly owned 8,247,600 shares of the company’s stock, valued at $1,198,046,376. This represents a 6.87% decrease in their position. The sale was disclosed in a legal filing with the SEC, which is available through this hyperlink. Also, EVP Ajay K. Puri sold 168,195 shares of the company’s stock in a transaction dated 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 sale, the executive vice president directly owned 4,018,547 shares of the company’s stock, valued at approximately $613,391,014.08. This trade represents a 4.02% decrease in their ownership of the stock. The disclosure for this sale can be found here. In the last three months, insiders have sold 3,832,755 shares of company stock worth $619,935,680. 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.