Compass Ion Advisors LLC Sells 2,912 Shares of NVIDIA Co. (NASDAQ:NVDA)

Compass Ion Advisors LLC lowered its holdings in NVIDIA Co. (NASDAQ:NVDA – Free Report) by 2.9% in the 4th quarter, according to the company in its most recent filing with the Securities and Exchange Commission.

The firm owned 97,425 shares of the computer hardware maker’s stock after selling 2,912 shares during the quarter. NVIDIA comprises approximately 1.6% of Compass Ion Advisors LLC’s investment portfolio, making the stock its 12th largest holding.



Compass Ion Advisors LLC’s holdings in NVIDIA were worth $13,083,000 at the end of the most recent quarter. Other institutional investors have also recently bought and sold shares of the company. SOA Wealth Advisors LLC.

increased its holdings in NVIDIA by 0.3% during the 3rd 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 in the last quarter. Swedbank AB grew its holdings in NVIDIA by 4.8% during the third 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 in the last quarter. Impax Asset Management Group plc raised its position in NVIDIA by 13.2% in 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 buying an additional 640,840 shares during the last quarter. Principal Financial Group Inc. boosted its holdings in 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 during the last quarter.

Finally, Capital Performance Advisors LLP grew its stake in shares of NVIDIA by 50.3% in the 3rd quarter. Capital Performance Advisors LLP now owns 16,756 shares of the computer hardware maker’s stock worth $2,035,000 after acquiring an additional 5,604 shares in the last quarter.

Institutional investors and hedge funds own 65.27% of the company’s stock. Insider Transactions at NVIDIAIn other NVIDIA news, CFO Colette Kress sold 66,660 shares of the business’s stock in a transaction on Friday, March 21st.

The shares were sold at an average price of $116.83, for a total transaction of $7,787,887.80.

Following the transaction, the chief financial officer now directly owns 3,085,765 shares of the company’s stock, valued at approximately $360,509,924.95. The trade was a 2.

11 % decrease in their position. The sale was disclosed in a document filed with the Securities & Exchange Commission, which can be accessed through the SEC website. Also, insider Donald F.

Robertson, Jr. sold 4,500 shares of the firm’s stock in a transaction dated Friday, March 21st. The stock was sold at an average price of $116.

80, for a total transaction of $525,600.00. Following the completion of the sale, the insider now directly owns 479,428 shares of the company’s stock, valued at approximately $55,997,190.

40. This represents a 0.93 % decrease in their ownership of the stock.

The disclosure for this sale can be found here. Over the last ninety days, insiders sold 147,147 shares of company stock worth $17,133,207. Company insiders own 4.

23% of the company’s stock. Analyst Upgrades and DowngradesA number of brokerages have issued reports on NVDA. TD Cowen reduced their price objective on shares of NVIDIA from $175.

00 to $140.00 and set a “buy” rating for the company in a research report on Wednesday, April 9th. Mizuho dropped their price target on NVIDIA from $175.

00 to $168.00 and set an “outperform” rating on the stock in a report on Friday, March 14th. Needham & Company LLC reaffirmed a “buy” rating and set a $160.

00 target price on shares of NVIDIA in a research report on Wednesday, March 19th. DA Davidson cut their price target on shares of NVIDIA from $125.00 to $120.

00 and set a “neutral” rating on the stock in a report on Monday, April 14th. Finally, Tigress Financial reaffirmed a “buy” rating on shares of NVIDIA in a research report on Wednesday, February 26th. Six equities research analysts have rated the stock with a hold rating, thirty-six have issued a buy rating and two have issued a strong buy rating to the company’s stock.

Based on data from MarketBeat, the stock currently has a consensus rating of “Moderate Buy” and a consensus target price of $165.01.Check Out Our Latest Report on NVDANVIDIA Price PerformanceNVDA stock opened at $98.

89 on Wednesday. The firm’s fifty day moving average is $115.15 and its 200 day moving average is $129.

50. The company has a debt-to-equity ratio of 0.13, a quick ratio of 3.

64 and a current ratio of 4.10. NVIDIA Co.

has a 52 week low of $78.22 and a 52 week high of $195.95.

The firm has a market cap of $2.41 trillion, a P/E ratio of 38.92, a P/E/G ratio of 1.

76 and a beta of 1.96. NVIDIA (NASDAQ:NVDA – Get Free Report) last posted its quarterly earnings results on Wednesday, February 26th.

The computer hardware maker reported $0.89 earnings per share (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 business had revenue of $39.33 billion for the quarter, compared to analyst estimates of $38.

16 billion. Research analysts predict that NVIDIA Co. will post 2.

77 earnings per share for the current year. NVIDIA Dividend AnnouncementThe company also recently disclosed a quarterly dividend, which was paid on Wednesday, April 2nd. Shareholders of record on Wednesday, March 12th were given a $0.

01 dividend. 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 payout ratio is 1.

36%. 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.

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