AXQ Capital LP Sells 1,335 Shares of NVIDIA Co. (NASDAQ:NVDA)

AXQ Capital LP decreased its position in shares of NVIDIA Co. ( NASDAQ:NVDA – Free Report ) by 11.2% during the 4th quarter, according to its most recent filing with the Securities and Exchange Commission (SEC).

The fund owned 10,536 shares of the computer hardware maker’s stock after selling 1,335 shares during the quarter. NVIDIA comprises approximately 0.6% of AXQ Capital LP’s investment portfolio, making the stock its 23rd biggest holding.



AXQ Capital LP’s holdings in NVIDIA were worth $1,415,000 at the end of the most recent reporting period. A number of other institutional investors have also recently bought and sold shares of NVDA. SOA Wealth Advisors LLC.

raised its position in shares of NVIDIA by 0.3% during the third quarter. SOA Wealth Advisors LLC.

now owns 120,634 shares of the computer hardware maker’s stock worth $14,650,000 after purchasing an additional 350 shares during the period. Swedbank AB raised its holdings in NVIDIA by 4.8% during the 3rd quarter.

Swedbank AB now owns 40,888,722 shares of the computer hardware maker’s stock worth $4,965,526,000 after buying an additional 1,868,358 shares during the period. Impax Asset Management Group plc lifted its stake in NVIDIA by 13.2% in the third quarter.

Impax Asset Management Group plc now owns 5,501,589 shares of the computer hardware maker’s stock valued at $667,278,000 after buying an additional 640,840 shares in the last quarter. Principal Financial Group Inc. boosted its holdings in shares of NVIDIA by 3.

7% in the third quarter. Principal Financial Group Inc. now owns 35,627,274 shares of the computer hardware maker’s stock valued at $4,326,576,000 after buying an additional 1,285,897 shares during the period.

Finally, Truxt Investmentos Ltda. bought a new stake in shares of NVIDIA during the third quarter worth $3,259,000. Institutional investors and hedge funds own 65.

27% of the company’s stock. Wall Street Analyst Weigh In A number of equities analysts recently weighed in on the stock. DZ Bank raised shares of NVIDIA from a “hold” rating to a “strong-buy” rating in a research note on Friday, February 28th.

Morgan Stanley reduced their price objective on NVIDIA from $162.00 to $160.00 and set an “overweight” rating for the company in a research report on Friday.

Citigroup restated a “buy” rating on shares of NVIDIA in a research note on Wednesday, April 16th. KeyCorp set a $190.00 price target on shares of NVIDIA in a research note on Wednesday, March 19th.

Finally, TD Cowen lowered their price objective on shares of NVIDIA from $175.00 to $140.00 and set a “buy” rating on the stock in a report on Wednesday, April 9th.

Six equities research analysts have rated the stock with a hold rating, thirty-six have given a buy rating and two have given a strong buy rating to the stock. According to data from MarketBeat, NVIDIA currently has a consensus rating of “Moderate Buy” and an average price target of $164.96.

NVIDIA Stock Up 4.3 % Shares of NVDA opened at $111.01 on Friday.

The company has a current ratio of 4.10, a quick ratio of 3.64 and a debt-to-equity ratio of 0.

13. NVIDIA Co. has a 12 month low of $81.

25 and a 12 month high of $195.95. The firm’s 50 day moving average is $113.

21 and its 200-day moving average is $129.01. The stock has a market capitalization of $2.

71 trillion, a PE ratio of 43.69, a P/E/G ratio of 1.76 and a beta of 1.

96. NVIDIA ( NASDAQ:NVDA – Get Free Report ) last announced its quarterly earnings data on Wednesday, February 26th. The computer hardware maker reported $0.

89 earnings per share for the quarter, beating the consensus estimate of $0.84 by $0.05.

NVIDIA had a return on equity of 114.83% and a net margin of 55.69%.

The firm had revenue of $39.33 billion during the quarter, compared to analysts’ expectations of $38.16 billion.

Equities research analysts forecast that NVIDIA Co. will post 2.77 EPS for the current year.

NVIDIA Announces Dividend The company also recently declared a quarterly dividend, which was paid on Wednesday, April 2nd. Stockholders of record on Wednesday, March 12th were issued a dividend of $0.01 per share.

This represents a $0.04 dividend on an annualized basis and a dividend yield of 0.04%.

The ex-dividend date of this dividend was Wednesday, March 12th. NVIDIA’s dividend payout ratio (DPR) is presently 1.36%.

Insider Buying and Selling In other news, Director Aarti S. Shah sold 20,000 shares of the business’s stock in a transaction on Thursday, March 20th. The stock was sold at an average price of $118.

42, for a total transaction of $2,368,400.00. Following the completion of the transaction, the director now owns 53,208 shares of the company’s stock, valued at approximately $6,300,891.

36. The trade was a 27.32 % decrease in their position.

The transaction was disclosed in a filing with the Securities & Exchange Commission, which is accessible through this hyperlink . Also, Director Robert K. Burgess sold 53,324 shares of NVIDIA stock in a transaction dated Thursday, March 13th.

The shares were sold at an average price of $115.49, for a total value of $6,158,388.76.

Following the completion of the transaction, the director now owns 251,044 shares in the company, valued at approximately $28,993,071.56. This represents a 17.

52 % decrease in their position. The disclosure for this sale can be found here . In the last 90 days, insiders have sold 147,147 shares of company stock worth $17,133,207.

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. Further Reading Five stocks we like better than NVIDIA Business Services Stocks Investing Short Sellers Gave Up on These 3 Names Recently Roth IRA Calculator: Calculate Your Potential Returns 3 Boring Stocks Outperforming the Market This Year ESG Stocks, What Investors Should Know If You Wanted To Buy AbbVie and Didn’t, There’s Still Time To Buy Receive News & Ratings for NVIDIA Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for NVIDIA and related companies with MarketBeat.com's FREE daily email newsletter .

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