Beacon Financial Planning Inc. grew its holdings in shares of NVIDIA Corporation (NASDAQ:NVDA – Free Report) by 0.9% in the second quarter, according to its most recent filing with the SEC. The firm owned 13,190 shares of the computer hardware maker’s stock after acquiring an additional 118 shares during the quarter. NVIDIA comprises approximately 1.2% of Beacon Financial Planning Inc.’s holdings, making the stock its 18th largest position. Beacon Financial Planning Inc.’s holdings in NVIDIA were worth $2,084,000 as of its most recent SEC filing.
Other institutional investors and hedge funds also recently modified their holdings of the company. Spectrum Planning & Advisory Services Inc. raised its stake in shares of NVIDIA by 112.6% during the second quarter. Spectrum Planning & Advisory Services Inc. now owns 4,347 shares of the computer hardware maker’s stock valued at $687,000 after purchasing an additional 2,302 shares in the last quarter. North Star Investment Management Corp. increased its stake in NVIDIA by 1.8% during the 2nd quarter. North Star Investment Management Corp. now owns 32,859 shares of the computer hardware maker’s stock valued at $5,191,000 after buying an additional 593 shares during the period. Aspire Capital Advisors LLC raised its position in shares of NVIDIA by 11.3% during the 2nd quarter. Aspire Capital Advisors LLC now owns 13,816 shares of the computer hardware maker’s stock worth $2,183,000 after buying an additional 1,401 shares in the last quarter. Harrell Investment Partners LLC raised its position in shares of NVIDIA by 65.3% during the 2nd quarter. Harrell Investment Partners LLC now owns 142,992 shares of the computer hardware maker’s stock worth $22,591,000 after buying an additional 56,476 shares in the last quarter. Finally, Cassia Capital Partners LLC lifted its stake in shares of NVIDIA by 5.6% in the 2nd quarter. Cassia Capital Partners LLC now owns 11,054 shares of the computer hardware maker’s stock worth $1,746,000 after acquiring an additional 591 shares during the period. Institutional investors own 65.27% of the company’s stock.
Insider Buying and Selling
In other NVIDIA news, Director Mark A. Stevens sold 350,000 shares of the business’s stock in a transaction on Friday, September 19th. The shares were sold at an average price of $176.39, for a total transaction of $61,736,500.00. Following the completion of the transaction, the director owned 7,399,803 shares of the company’s stock, 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 the SEC website. Also, Director Harvey C. Jones sold 250,000 shares of the firm’s stock in a transaction dated Thursday, September 18th. The shares were sold at an average price of $176.21, for a total value of $44,052,500.00. Following the completion of the sale, the director directly owned 7,183,280 shares in the company, valued at approximately $1,265,765,768.80. This represents a 3.36% decrease in their ownership of the stock. The disclosure for this sale can be found here. Insiders have sold 3,971,893 shares of company stock worth $694,502,352 in the last quarter. 4.17% of the stock is currently owned by company insiders.
Wall Street Analyst Weigh In
Get Our Latest Stock Analysis on NVDA
NVIDIA Stock Performance
Shares of NASDAQ NVDA opened at $187.62 on Monday. The business’s 50-day simple moving average is $178.11 and its 200-day simple moving average is $148.57. The company has a debt-to-equity ratio of 0.08, a quick ratio of 3.60 and a current ratio of 4.21. NVIDIA Corporation has a 52 week low of $86.62 and a 52 week high of $191.05. The firm has a market cap of $4.56 trillion, a price-to-earnings ratio of 53.45, a P/E/G ratio of 1.36 and a beta of 2.12.
NVIDIA (NASDAQ:NVDA – Get Free Report) last announced its earnings results 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. NVIDIA had a return on equity of 101.74% and a net margin of 52.41%.The firm had revenue of $46.74 billion during the quarter, compared to analysts’ expectations of $45.65 billion. During the same quarter in the prior year, the business earned $0.68 earnings per share. The company’s revenue was up 55.6% on a year-over-year basis. NVIDIA has set its Q3 2026 guidance at EPS. As a group, equities research analysts expect that NVIDIA Corporation will post 2.77 earnings per share for the current fiscal year.
NVIDIA Dividend Announcement
The company also recently announced a quarterly dividend, which was paid on Thursday, October 2nd. Investors of record on Thursday, September 11th were paid a $0.01 dividend. The ex-dividend date was Thursday, September 11th. This represents a $0.04 dividend on an annualized basis and a yield of 0.0%. NVIDIA’s dividend payout ratio (DPR) is presently 1.14%.
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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