1 week Ago By ABMN Staff
Jackson Thornton Wealth Management LLC boosted its stake in shares of NVIDIA Co. ( NASDAQ:NVDA – Free Report ) by 99.3% during the 4th quarter, according to its most recent 13F filing with the SEC.
The firm owned 20,305 shares of the computer hardware maker’s stock after buying an additional 10,117 shares during the period. NVIDIA makes up approximately 0.3% of Jackson Thornton Wealth Management LLC’s holdings, making the stock its 24th largest holding.
Jackson Thornton Wealth Management LLC’s holdings in NVIDIA were worth $2,727,000 at the end of the most recent reporting period. A number of other institutional investors also recently bought and sold shares of NVDA. Tacita Capital Inc purchased a new position in shares of NVIDIA during the 4th quarter worth about $28,000.
Legend Financial Advisors Inc. bought a new stake in NVIDIA in the fourth quarter worth about $34,000. Vision Financial Markets LLC purchased a new position in shares of NVIDIA during the fourth quarter valued at approximately $38,000.
Luken Investment Analytics LLC bought a new position in shares of NVIDIA during the fourth quarter valued at approximately $40,000. Finally, Lowe Wealth Advisors LLC purchased a new stake in shares of NVIDIA in the fourth quarter worth approximately $46,000. 65.
27% of the stock is currently owned by institutional investors. Wall Street Analyst Weigh In Several equities analysts have commented on NVDA shares. Citigroup reaffirmed a “buy” rating on shares of NVIDIA in a research report on Wednesday, April 16th.
Wedbush restated an “outperform” rating and issued a $175.00 price target on shares of NVIDIA in a report on Wednesday, April 16th. Cantor Fitzgerald reiterated an “overweight” rating and set a $200.
00 price objective on shares of NVIDIA in a report on Wednesday, April 16th. DZ Bank upgraded shares of NVIDIA from a “hold” rating to a “strong-buy” rating in a research note on Friday, February 28th. Finally, UBS Group reaffirmed a “buy” rating on shares of NVIDIA in a research note on Friday.
Six investment 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. According to MarketBeat, NVIDIA currently has an average rating of “Moderate Buy” and a consensus price target of $164.96.
NVIDIA Stock Up 4.3 % NVDA stock opened at $111.01 on Friday.
The company has a quick ratio of 3.64, a current ratio of 4.10 and a debt-to-equity ratio of 0.
13. NVIDIA Co. has a 52 week low of $81.
25 and a 52 week high of $195.95. The stock 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 firm has a 50 day moving average of $113.21 and a 200 day moving average of $128.
99. NVIDIA ( NASDAQ:NVDA – Get Free Report ) last announced its quarterly earnings data on Wednesday, February 26th. The computer hardware maker reported $0.
89 earnings per share for the quarter, beating analysts’ consensus estimates of $0.84 by $0.05.
The firm had revenue of $39.33 billion for the quarter, compared to analyst estimates of $38.16 billion.
NVIDIA had a net margin of 55.69% and a return on equity of 114.83%.
Sell-side analysts forecast that NVIDIA Co. will post 2.77 earnings per share for the current year.
NVIDIA Announces Dividend The company also recently disclosed a quarterly dividend, which was paid on Wednesday, April 2nd. Stockholders of record on Wednesday, March 12th were issued 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 dividend payout ratio is presently 1.36%.
Insider Buying and Selling In other NVIDIA news, insider Donald F. Robertson, Jr. sold 4,500 shares of the firm’s stock in a transaction that occurred on Friday, March 21st.
The shares were sold at an average price of $116.80, for a total transaction of $525,600.00.
Following the completion of the transaction, the insider now directly owns 479,428 shares of the company’s stock, valued at approximately $55,997,190.40. This trade represents a 0.
93 % decrease in their position. The transaction was disclosed in a filing with the SEC, which can be accessed through this link . Also, CFO Colette Kress sold 66,660 shares of the company’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 completion of the sale, the chief financial officer now directly owns 3,085,765 shares in the company, valued at $360,509,924.95. This trade represents a 2.
11 % decrease in their ownership of the stock. The disclosure for this sale can be found here . Insiders sold 147,147 shares of company stock valued at $17,133,207 over the last quarter.
4.23% of the stock is currently owned by company insiders. 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. Featured Stories Want to see what other hedge funds are holding NVDA? Visit HoldingsChannel.com to get the latest 13F filings and insider trades for NVIDIA Co.
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