NVIDIA Corporation (NVDA)
First United Bank & Trust Purchases 117 Shares of NVIDIA Co. (NASDAQ:NVDA)
First United Bank & Trust raised its holdings in NVIDIA Co. (NASDAQ:NVDA – Free Report) by 2.9% during the fourth quarter, according to the company in its most recent 13F filing with the SEC. The institutional investor owned 4,150 shares of the computer hardware maker’s stock after purchasing an additional 117 shares during the quarter. First United Bank & Trust’s holdings in NVIDIA were worth $2,055,000 as of its most recent SEC filing. Several other hedge funds and other institutional investors also recently modified their holdings of NVDA. Sycomore Asset Management boosted its position in NVIDIA by 1.6% in the third quarter. Sycomore Asset Management now owns 69,222 shares of the computer hardware maker’s stock valued at $28,803,000 after buying an additional 1,102 shares in the last quarter. Arbor Capital Management Inc. ADV lifted its stake in shares of NVIDIA by 9.0% in the 3rd quarter. Arbor Capital Management Inc. ADV now owns 570 shares of the computer hardware maker’s stock valued at $238,000 after acquiring an additional 47 shares during the last quarter. Dubuque Bank & Trust Co boosted its holdings in shares of NVIDIA by 80.5% during the 3rd quarter. Dubuque Bank & Trust Co now owns 1,769 shares of the computer hardware maker’s stock valued at $769,000 after acquiring an additional 789 shares in the last quarter. Brady Family Wealth LLC grew its position in NVIDIA by 3.6% during the 3rd quarter. Brady Family Wealth LLC now owns 2,487 shares of the computer hardware maker’s stock worth $1,082,000 after acquiring an additional 86 shares during the last quarter. Finally, ING Groep NV increased its holdings in NVIDIA by 28.8% in the 3rd quarter. ING Groep NV now owns 1,322,475 shares of the computer hardware maker’s stock worth $575,263,000 after purchasing an additional 295,618 shares in the last quarter. Institutional investors own 65.27% of the company’s stock. Insider Buying and Selling at NVIDIA In other news, Director Mark A. Stevens sold 22,700 shares of NVIDIA stock in a transaction dated Friday, April 5th. The shares were sold at an average price of $879.97, for a total value of $19,975,319.00. Following the completion of the transaction, the director now owns 1,052,133 shares in the company, valued at $925,845,476.01. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is available through the SEC website. In related news, Director Mark A. Stevens sold 22,700 shares of the stock in a transaction dated Friday, April 5th. The stock was sold at an average price of $879.97, for a total transaction of $19,975,319.00. Following the sale, the director now owns 1,052,133 shares of the company’s stock, valued at approximately $925,845,476.01. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which is accessible through the SEC website. Also, Director Mark A. Stevens sold 10,000 shares of the business’s stock in a transaction that occurred on Friday, February 23rd. The shares were sold at an average price of $797.57, for a total transaction of $7,975,700.00. Following the transaction, the director now directly owns 1,124,583 shares of the company’s stock, valued at approximately $896,933,663.31. The disclosure for this sale can be found here. Insiders have sold a total of 61,278 shares of company stock valued at $52,689,898 over the last three months. 4.23% of the stock is currently owned by insiders. Wall Street Analyst Weigh In Several analysts have recently weighed in on NVDA shares. Susquehanna restated a “positive” rating and set a $1,050.00 price target on shares of NVIDIA in a report on Thursday, April 4th. Loop Capital started coverage on shares of NVIDIA in a report on Friday, February 16th. They set a “buy” rating and a $1,200.00 target price on the stock. Wolfe Research raised their price target on shares of NVIDIA from $630.00 to $900.00 and gave the company an “outperform” rating in a research note on Thursday, February 22nd. TD Cowen upped their target price on NVIDIA from $900.00 to $1,100.00 and gave the company an “outperform” rating in a report on Thursday, March 21st. Finally, Evercore ISI assumed coverage on NVIDIA in a research report on Tuesday, April 16th. They issued an “outperform” rating and a $1,160.00 price objective for the company. Four analysts have rated the stock with a hold rating, thirty-eight have given a buy rating and one has issued a strong buy rating to the stock. According to data from MarketBeat, NVIDIA currently has an average rating of “Moderate Buy” and an average price target of $966.55. Read Our Latest Stock Analysis on NVIDIA NVIDIA Stock Performance Shares of NVDA stock opened at $924.79 on Monday. The company has a debt-to-equity ratio of 0.20, a quick ratio of 3.67 and a current ratio of 4.17. The firm has a market cap of $2.27 trillion, a price-to-earnings ratio of 77.45, a P/E/G ratio of 1.31 and a beta of 1.75. NVIDIA Co. has a 52 week low of $298.06 and a 52 week high of $974.00. The firm’s 50-day simple moving average is $882.98 and its two-hundred day simple moving average is $687.42. NVIDIA (NASDAQ:NVDA – Get Free Report) last posted its quarterly earnings data on Wednesday, February 21st. The computer hardware maker reported $5.16 EPS for the quarter, beating the consensus estimate of $4.21 by $0.95. NVIDIA had a return on equity of 93.61% and a net margin of 48.85%. The business had revenue of $22.10 billion for the quarter, compared to the consensus estimate of $20.40 billion. During the same quarter in the prior year, the business earned $0.65 earnings per share. NVIDIA’s revenue for the quarter was up 265.3% on a year-over-year basis. As a group, equities analysts forecast that NVIDIA Co. will post 22.9 earnings per share for the current year. NVIDIA Dividend Announcement The company also recently disclosed a quarterly dividend, which was paid on Wednesday, March 27th. Investors of record on Wednesday, March 6th were paid a $0.04 dividend. This represents a $0.16 dividend on an annualized basis and a yield of 0.02%. The ex-dividend date was Tuesday, March 5th. NVIDIA’s dividend payout ratio is currently 1.34%. NVIDIA Profile (Free Report) 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.
Psagot Value Holdings Ltd. Israel Buys 509 Shares of NVIDIA Co. (NASDAQ:NVDA)
Psagot Value Holdings Ltd. Israel lifted its stake in NVIDIA Co. (NASDAQ:NVDA – Free Report) by 5.6% in the fourth quarter, according to its most recent Form 13F filing with the Securities & Exchange Commission. The firm owned 9,602 shares of the computer hardware maker’s stock after acquiring an additional 509 shares during the quarter. NVIDIA accounts for about 2.1% of Psagot Value Holdings Ltd. Israel’s investment portfolio, making the stock its 11th largest holding. Psagot Value Holdings Ltd. Israel’s holdings in NVIDIA were worth $4,755,000 as of its most recent filing with the Securities & Exchange Commission. Several other hedge funds have also recently made changes to their positions in the stock. 1ST Source Bank boosted its position in NVIDIA by 4.1% in the fourth quarter. 1ST Source Bank now owns 10,003 shares of the computer hardware maker’s stock worth $4,954,000 after purchasing an additional 398 shares during the last quarter. Avantax Advisory Services Inc. lifted its stake in shares of NVIDIA by 1.1% in the 4th quarter. Avantax Advisory Services Inc. now owns 120,977 shares of the computer hardware maker’s stock worth $59,910,000 after purchasing an additional 1,279 shares during the period. Wambolt & Associates LLC boosted its holdings in shares of NVIDIA by 32.3% in the fourth quarter. Wambolt & Associates LLC now owns 8,611 shares of the computer hardware maker’s stock worth $4,264,000 after buying an additional 2,102 shares during the last quarter. Checchi Capital Advisers LLC grew its position in NVIDIA by 3.2% during the fourth quarter. Checchi Capital Advisers LLC now owns 22,740 shares of the computer hardware maker’s stock valued at $11,261,000 after buying an additional 698 shares during the period. Finally, McKinley Carter Wealth Services Inc. increased its holdings in NVIDIA by 18.5% during the fourth quarter. McKinley Carter Wealth Services Inc. now owns 1,541 shares of the computer hardware maker’s stock valued at $763,000 after buying an additional 241 shares during the last quarter. 65.27% of the stock is owned by hedge funds and other institutional investors. Insider Buying and Selling at NVIDIA In related news, Director Mark A. Stevens sold 5,000 shares of the company’s stock in a transaction that occurred on Monday, February 26th. The stock was sold at an average price of $800.74, for a total value of $4,003,700.00. Following the sale, the director now owns 1,119,583 shares in the company, valued at $896,494,891.42. The sale was disclosed in a legal filing with the SEC, which is available through this link. In other NVIDIA news, Director Mark A. Stevens sold 5,000 shares of the stock in a transaction dated Monday, February 26th. The stock was sold at an average price of $800.74, for a total transaction of $4,003,700.00. Following the sale, the director now directly owns 1,119,583 shares of the company’s stock, valued at approximately $896,494,891.42. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which is available through the SEC website. Also, Director Mark A. Stevens sold 12,000 shares of the business’s stock in a transaction dated Monday, March 4th. The shares were sold at an average price of $853.54, for a total value of $10,242,480.00. Following the completion of the transaction, the director now directly owns 1,107,583 shares of the company’s stock, valued at approximately $945,366,393.82. The disclosure for this sale can be found here. In the last 90 days, insiders have sold 61,278 shares of company stock worth $52,689,898. 4.23% of the stock is currently owned by insiders. NVIDIA Stock Performance Shares of NVDA opened at $924.79 on Monday. The company has a current ratio of 4.17, a quick ratio of 3.67 and a debt-to-equity ratio of 0.20. The firm has a market cap of $2.27 trillion, a PE ratio of 77.45, a P/E/G ratio of 1.31 and a beta of 1.75. NVIDIA Co. has a 12 month low of $298.06 and a 12 month high of $974.00. The stock has a fifty day moving average price of $882.98 and a 200-day moving average price of $687.42. NVIDIA (NASDAQ:NVDA – Get Free Report) last released its earnings results on Wednesday, February 21st. The computer hardware maker reported $5.16 EPS for the quarter, topping analysts’ consensus estimates of $4.21 by $0.95. The company had revenue of $22.10 billion during the quarter, compared to analysts’ expectations of $20.40 billion. NVIDIA had a net margin of 48.85% and a return on equity of 93.61%. NVIDIA’s revenue for the quarter was up 265.3% on a year-over-year basis. During the same period last year, the business earned $0.65 EPS. Equities research analysts predict that NVIDIA Co. will post 22.9 earnings per share for the current fiscal year. NVIDIA Announces Dividend The company also recently declared a quarterly dividend, which was paid on Wednesday, March 27th. Shareholders of record on Wednesday, March 6th were given a dividend of $0.04 per share. The ex-dividend date was Tuesday, March 5th. This represents a $0.16 dividend on an annualized basis and a yield of 0.02%. NVIDIA’s dividend payout ratio is currently 1.34%. Analyst Upgrades and Downgrades Several research analysts have recently weighed in on the stock. Raymond James lifted their price target on shares of NVIDIA from $850.00 to $1,100.00 and gave the stock a “strong-buy” rating in a research note on Thursday, April 11th. Susquehanna reiterated a “positive” rating and set a $1,050.00 target price on shares of NVIDIA in a research report on Thursday, April 4th. Bank of America boosted their price target on NVIDIA from $925.00 to $1,100.00 and gave the company a “buy” rating in a report on Wednesday, March 13th. Argus raised their price objective on NVIDIA from $850.00 to $950.00 and gave the stock a “buy” rating in a research note on Wednesday, March 20th. Finally, Deutsche Bank Aktiengesellschaft boosted their price objective on NVIDIA from $720.00 to $850.00 and gave the company a “hold” rating in a research note on Wednesday, March 20th. Four analysts have rated the stock with a hold rating, thirty-eight have given a buy rating and one has issued a strong buy rating to the company. Based on data from MarketBeat.com, the company presently has a consensus rating of “Moderate Buy” and an average target price of $966.55. Read Our Latest Research Report on NVDA NVIDIA Company Profile (Free Report) 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.
1ST Source Bank Acquires 398 Shares of NVIDIA Co. (NASDAQ:NVDA)
1ST Source Bank raised its stake in NVIDIA Co. (NASDAQ:NVDA – Free Report) by 4.1% in the fourth quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission. The fund owned 10,003 shares of the computer hardware maker’s stock after acquiring an additional 398 shares during the quarter. 1ST Source Bank’s holdings in NVIDIA were worth $4,954,000 as of its most recent SEC filing. A number of other hedge funds also recently made changes to their positions in the stock. LFA Lugano Financial Advisors SA acquired a new stake in NVIDIA in the fourth quarter valued at approximately $28,000. Criterion Capital Advisors LLC acquired a new stake in shares of NVIDIA during the 4th quarter valued at $28,000. Your Advocates Ltd. LLP bought a new stake in NVIDIA during the 3rd quarter worth $30,000. Trivant Custom Portfolio Group LLC increased its holdings in NVIDIA by 44.1% in the 3rd quarter. Trivant Custom Portfolio Group LLC now owns 98 shares of the computer hardware maker’s stock worth $43,000 after purchasing an additional 30 shares in the last quarter. Finally, O Brien Wealth Partners LLC raised its position in NVIDIA by 139.5% in the fourth quarter. O Brien Wealth Partners LLC now owns 91 shares of the computer hardware maker’s stock valued at $45,000 after purchasing an additional 53 shares during the last quarter. 65.27% of the stock is currently owned by institutional investors and hedge funds. NVIDIA Price Performance NVDA stock opened at $924.79 on Monday. The company has a market capitalization of $2.27 trillion, a P/E ratio of 77.45, a price-to-earnings-growth ratio of 1.31 and a beta of 1.75. NVIDIA Co. has a 52-week low of $298.06 and a 52-week high of $974.00. The business has a 50-day simple moving average of $882.98 and a two-hundred day simple moving average of $687.42. The company has a debt-to-equity ratio of 0.20, a quick ratio of 3.67 and a current ratio of 4.17. NVIDIA (NASDAQ:NVDA – Get Free Report) last announced its earnings results on Wednesday, February 21st. The computer hardware maker reported $5.16 earnings per share (EPS) for the quarter, beating the consensus estimate of $4.21 by $0.95. The company had revenue of $22.10 billion for the quarter, compared to analysts’ expectations of $20.40 billion. NVIDIA had a return on equity of 93.61% and a net margin of 48.85%. NVIDIA’s quarterly revenue was up 265.3% on a year-over-year basis. During the same quarter in the previous year, the firm earned $0.65 earnings per share. Research analysts expect that NVIDIA Co. will post 22.9 EPS for the current fiscal year. NVIDIA Dividend Announcement The company also recently announced a quarterly dividend, which was paid on Wednesday, March 27th. Stockholders of record on Wednesday, March 6th were issued a $0.04 dividend. The ex-dividend date of this dividend was Tuesday, March 5th. This represents a $0.16 annualized dividend and a dividend yield of 0.02%. NVIDIA’s dividend payout ratio is currently 1.34%. Analysts Set New Price Targets Several research firms have recently issued reports on NVDA. Rosenblatt Securities reaffirmed a “buy” rating and issued a $1,100.00 price objective on shares of NVIDIA in a research note on Tuesday, February 20th. Wolfe Research raised their price target on shares of NVIDIA from $630.00 to $900.00 and gave the company an “outperform” rating in a research note on Thursday, February 22nd. JPMorgan Chase & Co. boosted their price objective on shares of NVIDIA from $650.00 to $850.00 and gave the stock an “overweight” rating in a research note on Thursday, February 22nd. Mizuho upped their price target on NVIDIA from $850.00 to $1,000.00 and gave the company a “buy” rating in a research report on Thursday, March 7th. Finally, Morgan Stanley raised their price objective on NVIDIA from $795.00 to $1,000.00 and gave the stock an “overweight” rating in a research report on Wednesday, April 10th. Four equities research analysts have rated the stock with a hold rating, thirty-eight have given a buy rating and one has assigned a strong buy rating to the stock. According to MarketBeat.com, NVIDIA currently has a consensus rating of “Moderate Buy” and an average target price of $966.55. Check Out Our Latest Stock Analysis on NVIDIA Insider Activity at NVIDIA In other NVIDIA news, Director Mark A. Stevens sold 22,700 shares of the company’s stock in a transaction dated Friday, April 5th. The shares were sold at an average price of $879.97, for a total value of $19,975,319.00. Following the completion of the sale, the director now directly owns 1,052,133 shares of the company’s stock, valued at approximately $925,845,476.01. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which is available at the SEC website. In other news, Director Mark A. Stevens sold 12,000 shares of NVIDIA stock in a transaction on Monday, March 4th. The stock was sold at an average price of $853.54, for a total transaction of $10,242,480.00. Following the sale, the director now directly owns 1,107,583 shares in the company, valued at approximately $945,366,393.82. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is available at the SEC website. Also, Director Mark A. Stevens sold 22,700 shares of the stock in a transaction dated Friday, April 5th. The shares were sold at an average price of $879.97, for a total transaction of $19,975,319.00. Following the transaction, the director now owns 1,052,133 shares of the company’s stock, valued at approximately $925,845,476.01. The disclosure for this sale can be found here. Insiders have sold 61,278 shares of company stock valued at $52,689,898 over the last ninety days. Corporate insiders own 4.23% of the company’s stock. NVIDIA Profile (Free Report) 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. See Also Five stocks we like better than NVIDIA 3 REITs to Buy and Hold for the Long Term Magnificent 7 Still Magnificent as the Halfway Mark Approaches? What is MarketRank? 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Pinnacle Wealth Planning Services Inc. Trims Position in NVIDIA Co. (NASDAQ:NVDA)
Pinnacle Wealth Planning Services Inc. decreased its position in shares of NVIDIA Co. (NASDAQ:NVDA – Free Report) by 25.0% during the fourth quarter, according to the company in its most recent filing with the SEC. The institutional investor owned 14,847 shares of the computer hardware maker’s stock after selling 4,959 shares during the quarter. NVIDIA makes up 1.1% of Pinnacle Wealth Planning Services Inc.’s holdings, making the stock its 13th largest holding. Pinnacle Wealth Planning Services Inc.’s holdings in NVIDIA were worth $7,353,000 at the end of the most recent quarter. Other hedge funds also recently bought and sold shares of the company. Sycomore Asset Management raised its position in shares of NVIDIA by 1.6% during the third quarter. Sycomore Asset Management now owns 69,222 shares of the computer hardware maker’s stock valued at $28,803,000 after buying an additional 1,102 shares during the last quarter. Arbor Capital Management Inc. ADV increased its holdings in NVIDIA by 9.0% in the 3rd quarter. Arbor Capital Management Inc. ADV now owns 570 shares of the computer hardware maker’s stock valued at $238,000 after acquiring an additional 47 shares during the last quarter. Dubuque Bank & Trust Co lifted its stake in NVIDIA by 80.5% in the 3rd quarter. Dubuque Bank & Trust Co now owns 1,769 shares of the computer hardware maker’s stock worth $769,000 after purchasing an additional 789 shares in the last quarter. Brady Family Wealth LLC boosted its holdings in shares of NVIDIA by 3.6% during the 3rd quarter. Brady Family Wealth LLC now owns 2,487 shares of the computer hardware maker’s stock valued at $1,082,000 after purchasing an additional 86 shares during the last quarter. Finally, ING Groep NV grew its position in shares of NVIDIA by 28.8% during the third quarter. ING Groep NV now owns 1,322,475 shares of the computer hardware maker’s stock valued at $575,263,000 after purchasing an additional 295,618 shares in the last quarter. Institutional investors own 65.27% of the company’s stock. Insider Buying and Selling at NVIDIA In other news, Director Mark A. Stevens sold 10,000 shares of the stock in a transaction on Friday, February 23rd. The stock was sold at an average price of $797.57, for a total transaction of $7,975,700.00. Following the completion of the sale, the director now owns 1,124,583 shares in the company, valued at approximately $896,933,663.31. The sale was disclosed in a document filed with the SEC, which is accessible through the SEC website. In related news, Director Mark A. Stevens sold 10,000 shares of the company’s stock in a transaction dated Friday, February 23rd. The stock was sold at an average price of $797.57, for a total transaction of $7,975,700.00. Following the transaction, the director now directly owns 1,124,583 shares of the company’s stock, valued at approximately $896,933,663.31. The sale was disclosed in a filing with the Securities & Exchange Commission, which is available at this link. Also, Director Mark A. Stevens sold 12,000 shares of the firm’s stock in a transaction dated Monday, March 4th. The stock was sold at an average price of $853.54, for a total value of $10,242,480.00. Following the completion of the sale, the director now directly owns 1,107,583 shares of the company’s stock, valued at approximately $945,366,393.82. The disclosure for this sale can be found here. Insiders sold a total of 61,278 shares of company stock worth $52,689,898 over the last three months. Corporate insiders own 4.23% of the company’s stock. NVIDIA Stock Performance Shares of NASDAQ:NVDA opened at $924.79 on Monday. The firm has a 50 day moving average of $882.98 and a 200 day moving average of $687.42. The company has a quick ratio of 3.67, a current ratio of 4.17 and a debt-to-equity ratio of 0.20. The company has a market capitalization of $2.27 trillion, a price-to-earnings ratio of 77.45, a price-to-earnings-growth ratio of 1.31 and a beta of 1.75. NVIDIA Co. has a 52 week low of $298.06 and a 52 week high of $974.00. NVIDIA (NASDAQ:NVDA – Get Free Report) last issued its quarterly earnings data on Wednesday, February 21st. The computer hardware maker reported $5.16 earnings per share for the quarter, topping analysts’ consensus estimates of $4.21 by $0.95. NVIDIA had a return on equity of 93.61% and a net margin of 48.85%. The firm had revenue of $22.10 billion during the quarter, compared to analysts’ expectations of $20.40 billion. During the same period in the prior year, the business posted $0.65 EPS. The firm’s quarterly revenue was up 265.3% on a year-over-year basis. On average, sell-side analysts predict that NVIDIA Co. will post 22.9 earnings per share for the current fiscal year. NVIDIA Dividend Announcement The company also recently disclosed a quarterly dividend, which was paid on Wednesday, March 27th. Investors of record on Wednesday, March 6th were paid a dividend of $0.04 per share. The ex-dividend date was Tuesday, March 5th. This represents a $0.16 annualized dividend and a dividend yield of 0.02%. NVIDIA’s dividend payout ratio (DPR) is presently 1.34%. Analyst Upgrades and Downgrades A number of equities research analysts recently commented on NVDA shares. The Goldman Sachs Group increased their price target on NVIDIA from $1,000.00 to $1,100.00 and gave the company a “buy” rating in a research note on Tuesday, May 7th. Loop Capital started coverage on NVIDIA in a research report on Friday, February 16th. They set a “buy” rating and a $1,200.00 target price for the company. Sanford C. Bernstein boosted their price target on shares of NVIDIA from $700.00 to $1,000.00 and gave the stock an “outperform” rating in a research report on Thursday, February 22nd. Susquehanna reiterated a “positive” rating and set a $1,050.00 price objective on shares of NVIDIA in a research report on Thursday, April 4th. Finally, Stifel Nicolaus restated a “buy” rating and issued a $910.00 target price on shares of NVIDIA in a report on Wednesday, March 20th. Four analysts have rated the stock with a hold rating, thirty-eight have assigned a buy rating and one has assigned a strong buy rating to the company. According to data from MarketBeat, the company presently has an average rating of “Moderate Buy” and a consensus target price of $966.55. Check Out Our Latest Analysis on NVIDIA NVIDIA Profile (Free Report) 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. See Also Five stocks we like better than NVIDIA Why Invest in Biotech Stocks Canada Goose Flies Higher Driven By DTC Growth Dividend King Proctor & Gamble Is A Buy On Post-Earnings Weakness CVS Health Stock Has a Silver Lining Called Value What is Put Option Volume? Magnificent 7 Still Magnificent as the Halfway Mark Approaches?
NVIDIA Co. (NASDAQ:NVDA) Stock Position Raised by Massachusetts Financial Services Co. MA
Massachusetts Financial Services Co. MA raised its holdings in shares of NVIDIA Co. (NASDAQ:NVDA – Free Report) by 5.4% in the 4th quarter, according to its most recent 13F filing with the Securities and Exchange Commission. The institutional investor owned 9,275,578 shares of the computer hardware maker’s stock after acquiring an additional 472,805 shares during the quarter. NVIDIA makes up 1.5% of Massachusetts Financial Services Co. MA’s investment portfolio, making the stock its 8th largest position. Massachusetts Financial Services Co. MA owned approximately 0.38% of NVIDIA worth $4,593,452,000 as of its most recent SEC filing. A number of other hedge funds and other institutional investors also recently added to or reduced their stakes in the business. LFA Lugano Financial Advisors SA purchased a new stake in NVIDIA during the 4th quarter worth about $28,000. Criterion Capital Advisors LLC purchased a new stake in shares of NVIDIA during the fourth quarter worth about $28,000. Your Advocates Ltd. LLP acquired a new position in shares of NVIDIA in the third quarter valued at approximately $30,000. Trivant Custom Portfolio Group LLC lifted its stake in shares of NVIDIA by 44.1% during the third quarter. Trivant Custom Portfolio Group LLC now owns 98 shares of the computer hardware maker’s stock valued at $43,000 after buying an additional 30 shares during the period. Finally, O Brien Wealth Partners LLC boosted its position in NVIDIA by 139.5% during the fourth quarter. O Brien Wealth Partners LLC now owns 91 shares of the computer hardware maker’s stock worth $45,000 after acquiring an additional 53 shares during the last quarter. Institutional investors and hedge funds own 65.27% of the company’s stock. Analysts Set New Price Targets Several research analysts have weighed in on NVDA shares. Jefferies Financial Group assumed coverage on NVIDIA in a report on Monday, May 13th. They issued a “buy” rating and a $1,200.00 price target for the company. Bank of America upped their price target on NVIDIA from $925.00 to $1,100.00 and gave the stock a “buy” rating in a research note on Wednesday, March 13th. Rosenblatt Securities restated a “buy” rating and set a $1,100.00 target price on shares of NVIDIA in a report on Tuesday, February 20th. Cantor Fitzgerald restated an “overweight” rating and issued a $900.00 price target on shares of NVIDIA in a report on Monday, March 4th. Finally, Raymond James boosted their price target on NVIDIA from $850.00 to $1,100.00 and gave the stock a “strong-buy” rating in a research note on Thursday, April 11th. Four research analysts have rated the stock with a hold rating, thirty-eight have assigned a buy rating and one has assigned a strong buy rating to the stock. According to MarketBeat.com, the company has an average rating of “Moderate Buy” and a consensus price target of $966.55. Read Our Latest Research Report on NVDA Insiders Place Their Bets In other NVIDIA news, Director Mark A. Stevens sold 22,700 shares of the firm’s stock in a transaction dated Friday, April 5th. The shares were sold at an average price of $879.97, for a total value of $19,975,319.00. Following the completion of the transaction, the director now directly owns 1,052,133 shares in the company, valued at $925,845,476.01. The sale was disclosed in a filing with the SEC, which is accessible through this link. In related news, Director Mark A. Stevens sold 10,000 shares of the company’s stock in a transaction on Friday, February 23rd. The stock was sold at an average price of $797.57, for a total transaction of $7,975,700.00. Following the transaction, the director now directly owns 1,124,583 shares of the company’s stock, valued at $896,933,663.31. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which can be accessed through this link. Also, Director Mark A. Stevens sold 22,700 shares of the stock in a transaction dated Friday, April 5th. The stock was sold at an average price of $879.97, for a total value of $19,975,319.00. Following the completion of the sale, the director now directly owns 1,052,133 shares of the company’s stock, valued at $925,845,476.01. The disclosure for this sale can be found here. In the last quarter, insiders have sold 61,278 shares of company stock worth $52,689,898. Company insiders own 4.23% of the company’s stock. NVIDIA Stock Down 2.0 % NASDAQ NVDA opened at $924.79 on Monday. The company has a market capitalization of $2.27 trillion, a P/E ratio of 77.45, a PEG ratio of 1.31 and a beta of 1.75. NVIDIA Co. has a 12 month low of $298.06 and a 12 month high of $974.00. The company has a debt-to-equity ratio of 0.20, a current ratio of 4.17 and a quick ratio of 3.67. The company’s 50 day simple moving average is $882.98 and its 200 day simple moving average is $687.42. NVIDIA (NASDAQ:NVDA – Get Free Report) last posted its quarterly earnings results on Wednesday, February 21st. The computer hardware maker reported $5.16 earnings per share (EPS) for the quarter, beating the consensus estimate of $4.21 by $0.95. The company had revenue of $22.10 billion for the quarter, compared to analysts’ expectations of $20.40 billion. NVIDIA had a return on equity of 93.61% and a net margin of 48.85%. The firm’s revenue was up 265.3% on a year-over-year basis. During the same quarter in the prior year, the company earned $0.65 earnings per share. Equities research analysts expect that NVIDIA Co. will post 22.9 earnings per share for the current fiscal year. NVIDIA Announces Dividend The business also recently declared a quarterly dividend, which was paid on Wednesday, March 27th. Investors of record on Wednesday, March 6th were paid a $0.04 dividend. The ex-dividend date was Tuesday, March 5th. This represents a $0.16 dividend on an annualized basis and a yield of 0.02%. NVIDIA’s dividend payout ratio is currently 1.34%. NVIDIA Profile (Free Report) 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.
King Wealth Management Group Boosts Stock Position in NVIDIA Co. (NASDAQ:NVDA)
King Wealth Management Group grew its position in shares of NVIDIA Co. (NASDAQ:NVDA – Free Report) by 4.2% during the 4th quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The fund owned 25,942 shares of the computer hardware maker’s stock after purchasing an additional 1,046 shares during the period. NVIDIA accounts for about 2.5% of King Wealth Management Group’s investment portfolio, making the stock its 13th largest position. King Wealth Management Group’s holdings in NVIDIA were worth $12,847,000 at the end of the most recent reporting period. A number of other hedge funds and other institutional investors have also modified their holdings of the company. International Assets Investment Management LLC grew its holdings in shares of NVIDIA by 54,019.5% during the 4th quarter. International Assets Investment Management LLC now owns 16,866,869 shares of the computer hardware maker’s stock worth $8,352,811,000 after purchasing an additional 16,835,703 shares during the period. Vanguard Group Inc. boosted its holdings in NVIDIA by 1.1% in the 3rd quarter. Vanguard Group Inc. now owns 203,680,199 shares of the computer hardware maker’s stock worth $88,598,850,000 after acquiring an additional 2,287,471 shares during the period. Dimensional Fund Advisors LP grew its position in NVIDIA by 44.0% in the fourth quarter. Dimensional Fund Advisors LP now owns 6,349,610 shares of the computer hardware maker’s stock valued at $3,144,490,000 after acquiring an additional 1,941,637 shares in the last quarter. California Public Employees Retirement System raised its stake in shares of NVIDIA by 31.8% during the fourth quarter. California Public Employees Retirement System now owns 7,477,385 shares of the computer hardware maker’s stock valued at $3,702,951,000 after purchasing an additional 1,805,763 shares during the period. Finally, J.P. Morgan Private Wealth Advisors LLC acquired a new position in shares of NVIDIA during the third quarter worth $728,543,000. 65.27% of the stock is currently owned by hedge funds and other institutional investors. Insiders Place Their Bets In other news, insider Donald F. Robertson, Jr. sold 450 shares of NVIDIA stock in a transaction that occurred on Friday, March 22nd. The shares were sold at an average price of $911.62, for a total value of $410,229.00. Following the transaction, the insider now owns 49,815 shares of the company’s stock, valued at approximately $45,412,350.30. The sale was disclosed in a filing with the Securities & Exchange Commission, which is accessible through the SEC website. In related news, Director Mark A. Stevens sold 10,000 shares of the stock in a transaction on Friday, February 23rd. The stock was sold at an average price of $797.57, for a total value of $7,975,700.00. Following the completion of the transaction, the director now owns 1,124,583 shares in the company, valued at approximately $896,933,663.31. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is available at the SEC website. Also, insider Donald F. Robertson, Jr. sold 450 shares of the business’s stock in a transaction dated Friday, March 22nd. The stock was sold at an average price of $911.62, for a total value of $410,229.00. Following the sale, the insider now owns 49,815 shares in the company, valued at approximately $45,412,350.30. The disclosure for this sale can be found here. Over the last three months, insiders have sold 61,278 shares of company stock worth $52,689,898. 4.23% of the stock is owned by corporate insiders. NVIDIA Stock Down 2.0 % NVDA stock opened at $924.79 on Monday. The firm’s 50-day moving average is $882.98 and its two-hundred day moving average is $687.42. The company has a current ratio of 4.17, a quick ratio of 3.67 and a debt-to-equity ratio of 0.20. The company has a market capitalization of $2.27 trillion, a price-to-earnings ratio of 77.45, a price-to-earnings-growth ratio of 1.31 and a beta of 1.75. NVIDIA Co. has a 52 week low of $298.06 and a 52 week high of $974.00. NVIDIA (NASDAQ:NVDA – Get Free Report) last released its earnings results on Wednesday, February 21st. The computer hardware maker reported $5.16 earnings per share for the quarter, topping analysts’ consensus estimates of $4.21 by $0.95. NVIDIA had a return on equity of 93.61% and a net margin of 48.85%. The firm had revenue of $22.10 billion during the quarter, compared to the consensus estimate of $20.40 billion. During the same period in the prior year, the firm posted $0.65 earnings per share. The firm’s revenue for the quarter was up 265.3% compared to the same quarter last year. On average, analysts forecast that NVIDIA Co. will post 22.9 earnings per share for the current fiscal year. NVIDIA Dividend Announcement The company also recently announced a quarterly dividend, which was paid on Wednesday, March 27th. Investors of record on Wednesday, March 6th were issued a dividend of $0.04 per share. This represents a $0.16 dividend on an annualized basis and a yield of 0.02%. The ex-dividend date of this dividend was Tuesday, March 5th. NVIDIA’s payout ratio is currently 1.34%. Analysts Set New Price Targets A number of equities research analysts recently weighed in on the stock. Evercore ISI assumed coverage on shares of NVIDIA in a report on Tuesday, April 16th. They set an “outperform” rating and a $1,160.00 price target for the company. Jefferies Financial Group initiated coverage on NVIDIA in a research report on Monday, May 13th. They set a “buy” rating and a $1,200.00 target price on the stock. Needham & Company LLC increased their price target on NVIDIA from $600.00 to $850.00 and gave the company a “buy” rating in a report on Thursday, February 22nd. Wells Fargo & Company lifted their price objective on NVIDIA from $970.00 to $1,150.00 and gave the stock an “overweight” rating in a report on Tuesday, May 14th. Finally, HSBC increased their target price on NVIDIA from $1,050.00 to $1,350.00 and gave the company a “buy” rating in a research note on Friday, May 10th. Four research analysts have rated the stock with a hold rating, thirty-eight have assigned a buy rating and one has issued a strong buy rating to the company. According to MarketBeat, NVIDIA presently has a consensus rating of “Moderate Buy” and an average target price of $966.55. Read Our Latest Research Report on NVDA NVIDIA Profile (Free Report) 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. See Also Five stocks we like better than NVIDIA The Top 3 Healthcare Dividend Stocks to Buy and Hold Canada Goose Flies Higher Driven By DTC Growth 5 discounted opportunities for dividend growth investors CVS Health Stock Has a Silver Lining Called Value 3 Fintech Stocks With Good 2021 Prospects Magnificent 7 Still Magnificent as the Halfway Mark Approaches? Want to see what other hedge funds are holding NVDA? Visit HoldingsChannel.com to get the latest 13F filings and insider trades for NVIDIA Co. (NASDAQ:NVDA – Free Report).
Trivest Advisors Ltd Reduces Stock Position in NVIDIA Co. (NASDAQ:NVDA)
Trivest Advisors Ltd decreased its stake in shares of NVIDIA Co. (NASDAQ:NVDA – Free Report) by 69.7% during the fourth quarter, according to the company in its most recent disclosure with the SEC. The institutional investor owned 128,000 shares of the computer hardware maker’s stock after selling 293,860 shares during the quarter. NVIDIA comprises 2.9% of Trivest Advisors Ltd’s holdings, making the stock its 11th largest position. Trivest Advisors Ltd’s holdings in NVIDIA were worth $63,388,000 as of its most recent filing with the SEC. A number of other institutional investors and hedge funds also recently added to or reduced their stakes in NVDA. LFA Lugano Financial Advisors SA purchased a new position in NVIDIA in the fourth quarter worth approximately $28,000. Criterion Capital Advisors LLC acquired a new position in shares of NVIDIA in the 4th quarter valued at $28,000. Your Advocates Ltd. LLP purchased a new position in shares of NVIDIA during the 3rd quarter worth $30,000. Trivant Custom Portfolio Group LLC increased its position in shares of NVIDIA by 44.1% during the 3rd quarter. Trivant Custom Portfolio Group LLC now owns 98 shares of the computer hardware maker’s stock worth $43,000 after purchasing an additional 30 shares during the last quarter. Finally, O Brien Wealth Partners LLC raised its holdings in NVIDIA by 139.5% in the 4th quarter. O Brien Wealth Partners LLC now owns 91 shares of the computer hardware maker’s stock valued at $45,000 after buying an additional 53 shares during the period. Institutional investors and hedge funds own 65.27% of the company’s stock. Analyst Ratings Changes Several research analysts have weighed in on the stock. Citigroup increased their target price on shares of NVIDIA from $820.00 to $1,030.00 and gave the stock a “buy” rating in a research note on Wednesday, March 20th. Wells Fargo & Company lifted their target price on shares of NVIDIA from $970.00 to $1,150.00 and gave the company an “overweight” rating in a report on Tuesday, May 14th. TD Cowen boosted their target price on NVIDIA from $900.00 to $1,100.00 and gave the company an “outperform” rating in a research report on Thursday, March 21st. JPMorgan Chase & Co. raised their price target on NVIDIA from $650.00 to $850.00 and gave the stock an “overweight” rating in a research report on Thursday, February 22nd. Finally, Needham & Company LLC boosted their price objective on NVIDIA from $600.00 to $850.00 and gave the company a “buy” rating in a report on Thursday, February 22nd. Four research analysts have rated the stock with a hold rating, thirty-eight have given a buy rating and one has given a strong buy rating to the company’s stock. According to MarketBeat.com, NVIDIA presently has an average rating of “Moderate Buy” and a consensus price target of $966.55. Read Our Latest Report on NVDA Insider Activity In related news, Director Mark A. Stevens sold 10,000 shares of the business’s stock in a transaction dated Friday, February 23rd. The stock was sold at an average price of $797.57, for a total value of $7,975,700.00. Following the transaction, the director now owns 1,124,583 shares in the company, valued at approximately $896,933,663.31. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which is accessible through this hyperlink. In other news, Director Mark A. Stevens sold 22,700 shares of NVIDIA stock in a transaction dated Friday, April 5th. The shares were sold at an average price of $879.97, for a total value of $19,975,319.00. Following the sale, the director now owns 1,052,133 shares of the company’s stock, valued at $925,845,476.01. The sale was disclosed in a legal filing with the SEC, which can be accessed through this hyperlink. Also, Director Mark A. Stevens sold 10,000 shares of the stock in a transaction dated Friday, February 23rd. The stock was sold at an average price of $797.57, for a total transaction of $7,975,700.00. Following the transaction, the director now directly owns 1,124,583 shares of the company’s stock, valued at $896,933,663.31. The disclosure for this sale can be found here. Over the last three months, insiders sold 61,278 shares of company stock valued at $52,689,898. Insiders own 4.23% of the company’s stock. NVIDIA Stock Down 2.0 % NVIDIA stock opened at $924.79 on Monday. The stock has a 50-day simple moving average of $882.98 and a 200-day simple moving average of $687.42. The company has a market capitalization of $2.27 trillion, a P/E ratio of 77.45, a PEG ratio of 1.31 and a beta of 1.75. The company has a debt-to-equity ratio of 0.20, a quick ratio of 3.67 and a current ratio of 4.17. NVIDIA Co. has a fifty-two week low of $298.06 and a fifty-two week high of $974.00. NVIDIA (NASDAQ:NVDA – Get Free Report) last issued its quarterly earnings data on Wednesday, February 21st. The computer hardware maker reported $5.16 earnings per share for the quarter, beating analysts’ consensus estimates of $4.21 by $0.95. The company had revenue of $22.10 billion during the quarter, compared to analysts’ expectations of $20.40 billion. NVIDIA had a return on equity of 93.61% and a net margin of 48.85%. The firm’s revenue for the quarter was up 265.3% on a year-over-year basis. During the same quarter in the previous year, the business earned $0.65 earnings per share. Equities research analysts expect that NVIDIA Co. will post 22.9 earnings per share for the current year. NVIDIA Announces Dividend The firm also recently disclosed a quarterly dividend, which was paid on Wednesday, March 27th. Shareholders of record on Wednesday, March 6th were paid a $0.04 dividend. The ex-dividend date was Tuesday, March 5th. This represents a $0.16 dividend on an annualized basis and a yield of 0.02%. NVIDIA’s dividend payout ratio is presently 1.34%. NVIDIA Company Profile (Free Report) 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.
Nvidia's stock is a bargain — provided this pattern continues
Nvidia exemplifies the ideal “beat and raise” routine for a stock. As the company continues to report quarterly profits that are well above consensus expectations, analysts are raising their 12-month earnings-per-share estimates to support a higher share price.
Nvidia earnings and key economic releases to drive market sentiment this week
Nvidia Corp is set to dominate market discussions this week as it prepares to release its earnings report on Wednesday afternoon. The semiconductor giant, with a market cap of approximately $2.3 billion, holds significant influence in the S&P 500.
Nvidia earnings are on deck, and Wall Street wonders just how big the beat could be
Nvidia Corp.'s revenue totals are getting staggeringly bigger. But the scope of its “beats” might be getting smaller.
NVIDIA Co. (NASDAQ:NVDA) Stock Position Lowered by Gratus Capital LLC
Gratus Capital LLC lowered its stake in NVIDIA Co. (NASDAQ:NVDA – Free Report) by 4.9% during the fourth quarter, according to its most recent disclosure with the Securities and Exchange Commission (SEC). The fund owned 96,698 shares of the computer hardware maker’s stock after selling 4,937 shares during the quarter. NVIDIA comprises about 2.7% of Gratus Capital LLC’s portfolio, making the stock its 6th biggest holding. Gratus Capital LLC’s holdings in NVIDIA were worth $47,887,000 as of its most recent filing with the Securities and Exchange Commission (SEC). A number of other hedge funds have also recently made changes to their positions in the stock. LFA Lugano Financial Advisors SA acquired a new stake in shares of NVIDIA in the 4th quarter valued at $28,000. Criterion Capital Advisors LLC acquired a new stake in shares of NVIDIA in the 4th quarter worth $28,000. Your Advocates Ltd. LLP acquired a new stake in shares of NVIDIA in the 3rd quarter worth $30,000. Trivant Custom Portfolio Group LLC increased its stake in shares of NVIDIA by 44.1% during the third quarter. Trivant Custom Portfolio Group LLC now owns 98 shares of the computer hardware maker’s stock worth $43,000 after acquiring an additional 30 shares during the period. Finally, O Brien Wealth Partners LLC increased its stake in shares of NVIDIA by 139.5% during the fourth quarter. O Brien Wealth Partners LLC now owns 91 shares of the computer hardware maker’s stock worth $45,000 after acquiring an additional 53 shares during the period. Hedge funds and other institutional investors own 65.27% of the company’s stock. NVIDIA Stock Down 2.0 % NVDA opened at $924.79 on Monday. NVIDIA Co. has a 1 year low of $298.06 and a 1 year high of $974.00. The firm has a 50 day moving average price of $882.98 and a 200 day moving average price of $687.42. The company has a debt-to-equity ratio of 0.20, a quick ratio of 3.67 and a current ratio of 4.17. The company has a market cap of $2.27 trillion, a PE ratio of 77.45, a price-to-earnings-growth ratio of 1.31 and a beta of 1.75. NVIDIA (NASDAQ:NVDA – Get Free Report) last released its quarterly earnings data on Wednesday, February 21st. The computer hardware maker reported $5.16 earnings per share (EPS) for the quarter, topping the consensus estimate of $4.21 by $0.95. The company had revenue of $22.10 billion during the quarter, compared to analyst estimates of $20.40 billion. NVIDIA had a net margin of 48.85% and a return on equity of 93.61%. The business’s quarterly revenue was up 265.3% compared to the same quarter last year. During the same quarter in the prior year, the business earned $0.65 earnings per share. Sell-side analysts expect that NVIDIA Co. will post 22.9 earnings per share for the current year. NVIDIA Dividend Announcement The business also recently announced a quarterly dividend, which was paid on Wednesday, March 27th. Stockholders of record on Wednesday, March 6th were given a $0.04 dividend. This represents a $0.16 annualized dividend and a dividend yield of 0.02%. The ex-dividend date was Tuesday, March 5th. NVIDIA’s payout ratio is 1.34%. Insider Activity In related news, Director Mark A. Stevens sold 22,700 shares of the business’s stock in a transaction that occurred on Friday, April 5th. The stock was sold at an average price of $879.97, for a total transaction of $19,975,319.00. Following the transaction, the director now directly owns 1,052,133 shares of the company’s stock, valued at approximately $925,845,476.01. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is accessible through this hyperlink. In other NVIDIA news, Director Mark A. Stevens sold 22,700 shares of the company’s stock in a transaction dated Friday, April 5th. The shares were sold at an average price of $879.97, for a total value of $19,975,319.00. Following the completion of the transaction, the director now directly owns 1,052,133 shares of the company’s stock, valued at approximately $925,845,476.01. The transaction was disclosed in a filing with the SEC, which is accessible through this link. Also, Director Mark A. Stevens sold 5,000 shares of the firm’s stock in a transaction dated Monday, February 26th. The shares were sold at an average price of $800.74, for a total value of $4,003,700.00. Following the sale, the director now owns 1,119,583 shares of the company’s stock, valued at $896,494,891.42. The disclosure for this sale can be found here. Over the last quarter, insiders sold 61,278 shares of company stock worth $52,689,898. 4.23% of the stock is currently owned by corporate insiders. Analysts Set New Price Targets Several research firms have issued reports on NVDA. Loop Capital assumed coverage on NVIDIA in a research report on Friday, February 16th. They set a “buy” rating and a $1,200.00 target price on the stock. Piper Sandler raised their target price on NVIDIA from $850.00 to $1,050.00 and gave the company an “overweight” rating in a report on Wednesday, March 20th. Rosenblatt Securities reaffirmed a “buy” rating and set a $1,100.00 price target on shares of NVIDIA in a research note on Tuesday, February 20th. HSBC raised their price objective on shares of NVIDIA from $1,050.00 to $1,350.00 and gave the company a “buy” rating in a research note on Friday, May 10th. Finally, Piper Sandler Companies upped their target price on shares of NVIDIA to $850.00 and gave the stock an “overweight” rating in a research report on Friday, February 16th. Four equities research analysts have rated the stock with a hold rating, thirty-eight have issued a buy rating and one has given a strong buy rating to the company. According to data from MarketBeat.com, the stock presently has a consensus rating of “Moderate Buy” and a consensus target price of $966.55. Read Our Latest Report on NVIDIA About NVIDIA (Free Report) 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. Read More Five stocks we like better than NVIDIA Find and Profitably Trade Stocks at 52-Week Lows Magnificent 7 Still Magnificent as the Halfway Mark Approaches? The Significance of Brokerage Rankings in Stock Selection 3 Vital Copper Stocks Helping EVs and AI Data Centers Take Off 3 REITs to Buy and Hold for the Long Term Warren Buffett’s Mystery Stock Was Just Revealed Want to see what other hedge funds are holding NVDA? Visit HoldingsChannel.com to get the latest 13F filings and insider trades for NVIDIA Co. (NASDAQ:NVDA – Free Report).
Almanack Investment Partners LLC. Sells 192 Shares of NVIDIA Co. (NASDAQ:NVDA)
Almanack Investment Partners LLC. trimmed its position in NVIDIA Co. (NASDAQ:NVDA – Free Report) by 4.8% in the fourth quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission. The fund owned 3,779 shares of the computer hardware maker’s stock after selling 192 shares during the quarter. Almanack Investment Partners LLC.’s holdings in NVIDIA were worth $1,872,000 as of its most recent filing with the Securities and Exchange Commission. Other hedge funds and other institutional investors have also bought and sold shares of the company. Wealthspire Advisors LLC raised its position in shares of NVIDIA by 16.3% during the fourth quarter. Wealthspire Advisors LLC now owns 12,278 shares of the computer hardware maker’s stock valued at $6,080,000 after buying an additional 1,724 shares during the last quarter. Grand Alliance Asset Management Ltd acquired a new position in shares of NVIDIA in the fourth quarter valued at $29,961,000. TrueMark Investments LLC bought a new stake in NVIDIA in the 4th quarter valued at $2,639,000. McLean Asset Management Corp raised its stake in shares of NVIDIA by 11.7% in the 4th quarter. McLean Asset Management Corp now owns 1,773 shares of the computer hardware maker’s stock valued at $871,000 after buying an additional 186 shares in the last quarter. Finally, Cornercap Investment Counsel Inc. lifted its holdings in shares of NVIDIA by 5.7% during the 4th quarter. Cornercap Investment Counsel Inc. now owns 3,900 shares of the computer hardware maker’s stock worth $1,931,000 after acquiring an additional 209 shares during the period. 65.27% of the stock is currently owned by institutional investors and hedge funds. Analyst Ratings Changes Several research analysts recently issued reports on NVDA shares. Oppenheimer reissued an “outperform” rating and issued a $1,100.00 price target on shares of NVIDIA in a research report on Friday. Loop Capital began coverage on NVIDIA in a research note on Friday, February 16th. They issued a “buy” rating and a $1,200.00 price target on the stock. Deutsche Bank Aktiengesellschaft increased their price objective on NVIDIA from $720.00 to $850.00 and gave the stock a “hold” rating in a research note on Wednesday, March 20th. Tigress Financial upped their target price on shares of NVIDIA from $790.00 to $985.00 and gave the stock a “buy” rating in a report on Thursday, February 29th. Finally, DA Davidson lifted their price target on shares of NVIDIA from $410.00 to $620.00 and gave the company a “neutral” rating in a report on Thursday, February 22nd. Four research analysts have rated the stock with a hold rating, thirty-eight have assigned a buy rating and one has given a strong buy rating to the company. Based on data from MarketBeat.com, the stock has an average rating of “Moderate Buy” and a consensus price target of $966.55. Get Our Latest Research Report on NVIDIA NVIDIA Stock Performance NVDA stock opened at $924.79 on Monday. NVIDIA Co. has a 1-year low of $298.06 and a 1-year high of $974.00. The business’s 50-day moving average price is $882.98 and its two-hundred day moving average price is $687.42. The firm has a market cap of $2.27 trillion, a PE ratio of 77.45, a P/E/G ratio of 1.31 and a beta of 1.75. The company has a current ratio of 4.17, a quick ratio of 3.67 and a debt-to-equity ratio of 0.20. NVIDIA (NASDAQ:NVDA – Get Free Report) last issued its quarterly earnings data on Wednesday, February 21st. The computer hardware maker reported $5.16 earnings per share (EPS) for the quarter, beating the consensus estimate of $4.21 by $0.95. NVIDIA had a return on equity of 93.61% and a net margin of 48.85%. The business had revenue of $22.10 billion during the quarter, compared to analyst estimates of $20.40 billion. During the same period in the previous year, the firm earned $0.65 EPS. NVIDIA’s quarterly revenue was up 265.3% compared to the same quarter last year. As a group, research analysts forecast that NVIDIA Co. will post 22.9 earnings per share for the current year. NVIDIA Dividend Announcement The business also recently announced a quarterly dividend, which was paid on Wednesday, March 27th. Investors of record on Wednesday, March 6th were paid a $0.04 dividend. This represents a $0.16 dividend on an annualized basis and a yield of 0.02%. The ex-dividend date of this dividend was Tuesday, March 5th. NVIDIA’s payout ratio is presently 1.34%. Insiders Place Their Bets In other NVIDIA news, Director John Dabiri sold 128 shares of the business’s stock in a transaction that occurred on Monday, March 25th. The stock was sold at an average price of $940.00, for a total value of $120,320.00. Following the sale, the director now owns 2,055 shares in the company, valued at approximately $1,931,700. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is available at this hyperlink. In related news, Director Mark A. Stevens sold 22,700 shares of NVIDIA stock in a transaction dated Friday, April 5th. The stock was sold at an average price of $879.97, for a total value of $19,975,319.00. Following the sale, the director now owns 1,052,133 shares of the company’s stock, valued at $925,845,476.01. The transaction was disclosed in a document filed with the SEC, which is available through this hyperlink. Also, Director John Dabiri sold 128 shares of the stock in a transaction that occurred on Monday, March 25th. The shares were sold at an average price of $940.00, for a total value of $120,320.00. Following the transaction, the director now directly owns 2,055 shares of the company’s stock, valued at $1,931,700. The disclosure for this sale can be found here. In the last 90 days, insiders sold 61,278 shares of company stock worth $52,689,898. Corporate insiders own 4.23% of the company’s stock. NVIDIA Company Profile (Free Report) 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. Read More Five stocks we like better than NVIDIA P/E Ratio Calculation: How to Assess Stocks Magnificent 7 Still Magnificent as the Halfway Mark Approaches? 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