2 weeks Ago By Defense World Staff
FreeGulliver LLC lessened its stake in shares of NVIDIA Co. (NASDAQ:NVDA – Free Report) by 56.7% during the fourth quarter, according to its most recent filing with the Securities & Exchange Commission.
The firm owned 2,812 shares of the computer hardware maker’s stock after selling 3,681 shares during the period. FreeGulliver LLC’s holdings in NVIDIA were worth $378,000 at the end of the most recent reporting period. Several other institutional investors and hedge funds have also bought and sold shares of NVDA.
Geode Capital Management LLC raised its holdings in shares of NVIDIA by 2.2% during the third quarter. Geode Capital Management LLC now owns 546,079,492 shares of the computer hardware maker’s stock valued at $66,101,133,000 after purchasing an additional 11,525,969 shares during the period.
UBS AM a distinct business unit of UBS ASSET MANAGEMENT AMERICAS LLC increased its position in NVIDIA by 3.8% in the 3rd quarter. UBS AM a distinct business unit of UBS ASSET MANAGEMENT AMERICAS LLC now owns 180,403,789 shares of the computer hardware maker’s stock valued at $21,908,236,000 after buying an additional 6,526,200 shares in the last quarter.
Charles Schwab Investment Management Inc. raised its stake in NVIDIA by 3.6% during the 4th quarter.
Charles Schwab Investment Management Inc. now owns 151,280,130 shares of the computer hardware maker’s stock worth $20,315,409,000 after buying an additional 5,211,040 shares during the period. Amundi raised its stake in NVIDIA by 12.
9% during the 4th quarter. Amundi now owns 117,036,612 shares of the computer hardware maker’s stock worth $16,394,224,000 after buying an additional 13,406,054 shares during the period. Finally, Fisher Asset Management LLC boosted its holdings in NVIDIA by 1.
7% in the fourth quarter. Fisher Asset Management LLC now owns 98,339,379 shares of the computer hardware maker’s stock worth $13,205,995,000 after acquiring an additional 1,618,672 shares in the last quarter. 65.
27% of the stock is owned by institutional investors. NVIDIA Stock Up 2.0 %Shares of NASDAQ NVDA opened at $98.
89 on Wednesday. The business’s fifty day moving average price is $115.15 and its 200-day moving average price is $129.
50. NVIDIA Co. has a one year low of $78.
22 and a one year high of $195.95. The stock has a market capitalization of $2.
41 trillion, a PE ratio of 38.92, a P/E/G 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. NVIDIA (NASDAQ:NVDA – Get Free Report) last issued its earnings results on Wednesday, February 26th.
The computer hardware maker reported $0.89 earnings per share for the quarter, topping analysts’ consensus estimates of $0.84 by $0.
05. NVIDIA had a net margin of 55.69% and a return on equity of 114.
83%. The firm had revenue of $39.33 billion during the quarter, compared to analyst estimates of $38.
16 billion. On average, equities research analysts anticipate that NVIDIA Co. will post 2.
77 EPS for the current year. NVIDIA Announces DividendThe firm also recently disclosed a quarterly dividend, which was paid on Wednesday, April 2nd. Investors of record on Wednesday, March 12th were paid a $0.
01 dividend. The ex-dividend date of this dividend was Wednesday, March 12th. This represents a $0.
04 dividend on an annualized basis and a yield of 0.04%. NVIDIA’s dividend payout ratio is 1.
36%. Analyst Ratings ChangesA number of brokerages have recently weighed in on NVDA. Barclays lowered their target price on NVIDIA from $175.
00 to $155.00 and set an “overweight” rating on the stock in a research report on Tuesday. William Blair restated an “outperform” rating on shares of NVIDIA in a research note on Thursday, March 20th.
Cantor Fitzgerald reaffirmed an “overweight” rating and issued a $200.00 price objective on shares of NVIDIA in a research note on Wednesday, April 16th. Summit Insights cut shares of NVIDIA from a “buy” rating to a “hold” rating in a report on Thursday, February 27th.
Finally, HSBC lowered shares of NVIDIA from a “buy” rating to a “hold” rating and set a $120.00 target price on the stock. in a report on Thursday, April 3rd.
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 stock. Based on data from MarketBeat.com, the stock currently has an average rating of “Moderate Buy” and an average price target of $165.
01.Get Our Latest Stock Report on NVDAInsider Buying and Selling at NVIDIAIn related news, Director John Dabiri sold 2,663 shares of the business’s stock in a transaction on Monday, March 10th. The stock was sold at an average price of $110.
00, for a total transaction of $292,930.00. Following the sale, the director now directly owns 17,279 shares in the company, valued at approximately $1,900,690.
The trade was a 13.35 % decrease in their position. The transaction was disclosed in a document filed with the SEC, which can be accessed through this hyperlink.
Also, CFO Colette Kress sold 66,660 shares of the firm’s stock in a transaction dated Friday, March 21st. The stock was sold at an average price of $116.83, for a total value of $7,787,887.
80. Following the completion of the transaction, the chief financial officer now owns 3,085,765 shares of the company’s stock, valued at approximately $360,509,924.95.
This represents a 2.11 % decrease in their position. The disclosure for this sale can be found here.
Insiders have sold 147,147 shares of company stock valued at $17,133,207 in the last 90 days. 4.23% of the stock is currently owned by company insiders.
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.Further ReadingFive stocks we like better than NVIDIAWhat Investors Need to Know to Beat the MarketHow to Invest in Micro-Cap Stocks Like a ProStocks with Unusual Volume: How to Find Unusual Volume Stocks in Real TimeInvestors Sell Microsoft Stock on OpenAI News—Time to Buy? Options Trading – Understanding Strike PriceTake-Two Interactive: A Defensive Play Set to Explode.
