1 week Ago By Defense World Staff
Clune & Associates LTD. bought a new position in shares of NVIDIA Co. (NASDAQ:NVDA – Free Report) during the fourth quarter, according to its most recent disclosure with the Securities and Exchange Commission (SEC).
The fund bought 29,452 shares of the computer hardware maker’s stock, valued at approximately $3,955,000. NVIDIA accounts for approximately 1.3% of Clune & Associates LTD.
’s portfolio, making the stock its 20th largest holding. Several other hedge funds and other institutional investors have also recently bought and sold shares of NVDA. SOA Wealth Advisors LLC.
lifted its stake in NVIDIA by 0.3% during the third quarter. SOA Wealth Advisors LLC.
now owns 120,634 shares of the computer hardware maker’s stock valued at $14,650,000 after purchasing an additional 350 shares during the last quarter. Swedbank AB increased its holdings in shares of NVIDIA by 4.8% in the third quarter.
Swedbank AB now owns 40,888,722 shares of the computer hardware maker’s stock valued at $4,965,526,000 after buying an additional 1,868,358 shares in the last quarter. Impax Asset Management Group plc lifted its position in shares of NVIDIA by 13.2% during the 3rd 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 acquiring an additional 640,840 shares during the last quarter. Principal Financial Group Inc. boosted its stake in shares of NVIDIA by 3.
7% during the 3rd quarter. Principal Financial Group Inc. now owns 35,627,274 shares of the computer hardware maker’s stock worth $4,326,576,000 after acquiring an additional 1,285,897 shares in the last quarter.
Finally, Delta Financial Advisors LLC raised its position in shares of NVIDIA by 0.6% during the third quarter. Delta Financial Advisors LLC now owns 82,969 shares of the computer hardware maker’s stock worth $10,076,000 after purchasing an additional 485 shares during the period.
65.27% of the stock is currently owned by institutional investors. Insider Buying and Selling at NVIDIAIn other NVIDIA news, insider Donald F.
Robertson, Jr. sold 4,500 shares of the company’s stock in a transaction that occurred on Friday, March 21st. The stock was sold at an average price of $116.
80, for a total value of $525,600.00. Following the completion of the transaction, the insider now owns 479,428 shares of the company’s stock, valued at $55,997,190.
40. This represents a 0.93 % decrease in their position.
The transaction was disclosed in a legal filing with the SEC, which is available at this link. Also, Director Aarti S. Shah sold 20,000 shares of the business’s stock in a transaction that occurred on Thursday, March 20th.
The shares were sold at an average price of $118.42, for a total value of $2,368,400.00.
Following the sale, the director now owns 53,208 shares in the company, valued at approximately $6,300,891.36. This represents a 27.
32 % decrease in their ownership of the stock. The disclosure for this sale can be found here. Insiders sold a total of 147,147 shares of company stock valued at $17,133,207 in the last ninety days.
Company insiders own 4.23% of the company’s stock. NVIDIA Trading Up 4.
3 %Shares of NASDAQ:NVDA opened at $111.01 on Friday. The company has a debt-to-equity ratio of 0.
13, a quick ratio of 3.64 and a current ratio of 4.10.
The stock’s 50-day moving average is $113.21 and its 200-day moving average is $128.99.
The company has a market cap of $2.71 trillion, a P/E ratio of 43.69, a P/E/G ratio of 1.
76 and a beta of 1.96. NVIDIA Co.
has a 52-week low of $81.25 and a 52-week high of $195.95.
NVIDIA (NASDAQ:NVDA – Get Free Report) last issued its quarterly earnings results on Wednesday, February 26th. The computer hardware maker reported $0.89 EPS for the quarter, topping 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 company had revenue of $39.
33 billion for the quarter, compared to the consensus estimate of $38.16 billion. Equities research analysts predict that NVIDIA Co.
will post 2.77 earnings per share for the current year. NVIDIA Announces DividendThe business also recently announced a quarterly dividend, which was paid on Wednesday, April 2nd.
Investors of record on Wednesday, March 12th were paid a dividend of $0.01 per share. This represents a $0.
04 annualized dividend and a yield of 0.04%. The ex-dividend date was Wednesday, March 12th.
NVIDIA’s payout ratio is currently 1.36%. Analyst Upgrades and DowngradesA number of equities analysts recently weighed in on the company.
Citigroup reiterated a “buy” rating on shares of NVIDIA in a research report on Wednesday, April 16th. Susquehanna reissued a “positive” rating and issued a $180.00 target price on shares of NVIDIA in a research report on Wednesday, March 19th.
Stifel Nicolaus set a $180.00 price target on shares of NVIDIA in a research report on Wednesday, March 19th. DZ Bank upgraded shares of NVIDIA from a “hold” rating to a “strong-buy” rating in a research report on Friday, February 28th.
Finally, Mizuho reduced their target price on NVIDIA from $175.00 to $168.00 and set an “outperform” rating for the company in a report on Friday, March 14th.
Six equities research analysts have rated the stock with a hold rating, thirty-six have given a buy rating and two have assigned a strong buy rating to the stock. Based on data from MarketBeat, the stock has an average rating of “Moderate Buy” and a consensus price target of $164.96.
View Our Latest Research Report on NVDANVIDIA 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.Featured ArticlesFive stocks we like better than NVIDIAHow to Plot Fibonacci Price Inflection Levels Markets Think Robinhood Earnings Could Send the Stock UpElection Stocks: How Elections Affect the Stock MarketChurchill Downs Stock: Could Tariff Fears Dampen Derby Gains?Earnings Per Share Calculator: How to Calculate EPSAT&T: Subscriber Growth & Buybacks Signal Bullish TurnaroundWant to see what other hedge funds are holding NVDA? Visit HoldingsChannel.
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