1 week Ago By ABMN Staff
Dillon & Associates Inc. lessened its holdings in NVIDIA Co. ( NASDAQ:NVDA – Free Report ) by 3.
3% during the 4th quarter, according to its most recent filing with the Securities & Exchange Commission. The fund owned 967,064 shares of the computer hardware maker’s stock after selling 33,129 shares during the quarter. NVIDIA makes up 18.
0% of Dillon & Associates Inc.’s holdings, making the stock its largest holding. Dillon & Associates Inc.
’s holdings in NVIDIA were worth $129,587,000 as of its most recent SEC filing. A number of other hedge funds and other institutional investors have also bought and sold shares of NVDA. Clune & Associates LTD.
bought a new position in shares of NVIDIA during the 4th quarter worth $3,955,000. Mountain Hill Investment Partners Corp. purchased a new stake in NVIDIA in the fourth quarter worth about $846,000.
McCollum Christoferson Group LLC grew its holdings in NVIDIA by 2.1% during the 4th quarter. McCollum Christoferson Group LLC now owns 15,218 shares of the computer hardware maker’s stock worth $2,044,000 after acquiring an additional 318 shares in the last quarter.
Crowley Wealth Management Inc. purchased a new position in NVIDIA during the 4th quarter valued at about $581,000. Finally, Cedar Wealth Management LLC raised its holdings in shares of NVIDIA by 112.
9% in the 4th quarter. Cedar Wealth Management LLC now owns 11,050 shares of the computer hardware maker’s stock valued at $1,484,000 after purchasing an additional 5,860 shares in the last quarter. Hedge funds and other institutional investors own 65.
27% of the company’s stock. NVIDIA Price Performance NVDA stock opened at $111.01 on Friday.
NVIDIA Co. has a 1 year low of $81.25 and a 1 year high of $195.
95. The firm has a market capitalization of $2.71 trillion, a PE ratio of 43.
69, a price-to-earnings-growth ratio of 1.76 and a beta of 1.96.
The company has a debt-to-equity ratio of 0.13, a current ratio of 4.10 and a quick ratio of 3.
64. The business has a 50 day simple moving average of $113.21 and a 200-day simple moving average of $128.
99. 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. The ex-dividend date of this dividend was Wednesday, March 12th. This represents a $0.
04 dividend on an annualized basis and a dividend yield of 0.04%. NVIDIA’s dividend payout ratio is currently 1.
36%. Insider Activity In other NVIDIA news, Director John Dabiri sold 2,663 shares of the company’s stock in a transaction dated Monday, March 10th. The shares were sold at an average price of $110.
00, for a total value of $292,930.00. Following the transaction, the director now owns 17,279 shares of the company’s stock, valued at $1,900,690.
This represents a 13.35 % decrease in their ownership of the stock. The transaction was disclosed in a filing with the SEC, which is available through this link .
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 transaction of $6,158,388.76. Following the sale, the director now owns 251,044 shares of the company’s stock, valued at approximately $28,993,071.
56. This represents a 17.52 % decrease in their ownership of the stock.
The disclosure for this sale can be found here . In the last 90 days, insiders have sold 147,147 shares of company stock valued at $17,133,207. 4.
23% of the stock is currently owned by company insiders. Analyst Upgrades and Downgrades NVDA has been the topic of a number of recent research reports. Summit Insights downgraded NVIDIA from a “buy” rating to a “hold” rating in a research report on Thursday, February 27th.
DZ Bank upgraded shares of NVIDIA from a “hold” rating to a “strong-buy” rating in a report on Friday, February 28th. Stifel Nicolaus set a $180.00 price objective on shares of NVIDIA in a research note on Wednesday, March 19th.
Raymond James restated a “strong-buy” rating on shares of NVIDIA in a research note on Wednesday, April 16th. Finally, Needham & Company LLC reaffirmed a “buy” rating and set a $160.00 price target on shares of NVIDIA in a research report on Wednesday, March 19th.
Six investment analysts have rated the stock with a hold rating, thirty-six have issued a buy rating and two have given a strong buy rating to the company’s stock. Based on data from MarketBeat.com, the company has an average rating of “Moderate Buy” and an average target price of $164.
96. View Our Latest Analysis on NVDA 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.
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