Hill Island Financial LLC Reduces Stock Position in NVIDIA Co. (NASDAQ:NVDA)

Hill Island Financial LLC trimmed its holdings in shares of NVIDIA Co. (NASDAQ:NVDA – Free Report) by 1.3% during the 4th quarter, according to its most recent filing with the Securities and Exchange Commission.

The institutional investor owned 10,215 shares of the computer hardware maker’s stock after selling 132 shares during the quarter. Hill Island Financial LLC’s holdings in NVIDIA were worth $1,372,000 at the end of the most recent reporting period. Several other hedge funds have also recently made changes to their positions in NVDA.



Hickory Point Bank & Trust bought a new stake in shares of NVIDIA in the 4th quarter valued at approximately $2,272,000. Capital Performance Advisors LLP raised its holdings in NVIDIA by 59.3% during the 4th quarter.

Capital Performance Advisors LLP now owns 26,700 shares of the computer hardware maker’s stock valued at $3,586,000 after buying an additional 9,944 shares during the period. Ethos Financial Group LLC lifted its position in NVIDIA by 24.1% in the fourth quarter.

Ethos Financial Group LLC now owns 32,092 shares of the computer hardware maker’s stock worth $4,312,000 after buying an additional 6,241 shares during the last quarter. Metis Global Partners LLC boosted its stake in NVIDIA by 3.6% during the fourth quarter.

Metis Global Partners LLC now owns 1,464,826 shares of the computer hardware maker’s stock worth $196,711,000 after buying an additional 50,978 shares during the period. Finally, Candriam S.C.

A. increased its position in NVIDIA by 0.5% during the fourth quarter.

Candriam S.C.A.

now owns 7,061,058 shares of the computer hardware maker’s stock valued at $948,229,000 after acquiring an additional 35,684 shares during the last quarter. 65.27% of the stock is currently owned by hedge funds and other institutional investors.

Insider ActivityIn other NVIDIA news, CFO Colette Kress sold 66,660 shares of the firm’s stock in a transaction that occurred 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 completion of 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.

This trade represents a 2.11 % decrease in their position. The transaction was disclosed in a filing with the SEC, which can be accessed through this link.

Also, Director John Dabiri sold 2,663 shares of the company’s stock in a transaction on Monday, March 10th. The shares were sold at an average price of $110.00, for a total transaction of $292,930.

00. Following the completion of the sale, the director now directly owns 17,279 shares in the company, valued at $1,900,690. This trade represents a 13.

35 % decrease in their ownership of the stock. The disclosure for this sale can be found here. Insiders have sold 147,147 shares of company stock valued at $17,133,207 over the last ninety days.

4.23% of the stock is currently owned by insiders. NVIDIA Trading Up 4.

3 %Shares of NASDAQ:NVDA opened at $111.01 on Friday. The business’s 50-day moving average is $113.

21 and its 200 day moving average is $128.99. 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 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 P/E 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 posted its quarterly earnings data on Wednesday, February 26th. The computer hardware maker reported $0.89 earnings per share (EPS) for the quarter, beating the consensus estimate of $0.

84 by $0.05. The firm had revenue of $39.

33 billion for the quarter, compared to the consensus estimate of $38.16 billion. NVIDIA had a net margin of 55.

69% and a return on equity of 114.83%. On average, research analysts predict that NVIDIA Co.

will post 2.77 earnings per share for the current fiscal year. NVIDIA Announces DividendThe business also recently disclosed a quarterly dividend, which was paid on Wednesday, April 2nd.

Stockholders of record on Wednesday, March 12th were paid a dividend of $0.01 per share. The ex-dividend date was Wednesday, March 12th.

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

NVIDIA’s payout ratio is currently 1.36%. Wall Street Analysts Forecast GrowthA number of research firms recently commented on NVDA.

Barclays dropped their price target on shares of NVIDIA from $175.00 to $155.00 and set an “overweight” rating for the company in a research note on Tuesday, April 22nd.

DZ Bank upgraded NVIDIA from a “hold” rating to a “strong-buy” rating in a research report on Friday, February 28th. Cantor Fitzgerald reaffirmed an “overweight” rating and set a $200.00 target price on shares of NVIDIA in a research note on Wednesday, April 16th.

Benchmark reissued a “buy” rating and set a $190.00 price target on shares of NVIDIA in a research note on Wednesday, March 19th. Finally, Raymond James reaffirmed a “strong-buy” rating on shares of NVIDIA in a research report on Wednesday, April 16th.

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

Get Our Latest Stock Analysis on NVIDIANVIDIA 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.See AlsoFive stocks we like better than NVIDIAThe 3 Best Retail Stocks to Shop for in AugustMarkets Think Robinhood Earnings Could Send the Stock UpWhat is the Dogs of the Dow Strategy? Overview and ExamplesChurchill Downs Stock: Could Tariff Fears Dampen Derby Gains?How to Read Stock Charts for BeginnersAT&T: Subscriber Growth & Buybacks Signal Bullish Turnaround.