2 weeks Ago By ABMN Staff
Marietta Investment Partners LLC increased its stake in NVIDIA Co. ( NASDAQ:NVDA – Free Report ) by 1.1% during the 4th quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission.
The fund owned 126,643 shares of the computer hardware maker’s stock after purchasing an additional 1,346 shares during the period. NVIDIA accounts for 3.7% of Marietta Investment Partners LLC’s portfolio, making the stock its 3rd largest position.
Marietta Investment Partners LLC’s holdings in NVIDIA were worth $17,007,000 as of its most recent filing with the Securities and Exchange Commission. A number of other hedge funds and other institutional investors have also added to or reduced their stakes in NVDA. DiNuzzo Private Wealth Inc.
grew its stake in NVIDIA by 0.8% during the 4th quarter. DiNuzzo Private Wealth Inc.
now owns 8,612 shares of the computer hardware maker’s stock valued at $1,157,000 after acquiring an additional 71 shares in the last quarter. Palisade Asset Management LLC boosted its holdings in shares of NVIDIA by 0.5% during the third quarter.
Palisade Asset Management LLC now owns 15,363 shares of the computer hardware maker’s stock worth $1,866,000 after purchasing an additional 75 shares during the period. Baker Boyer National Bank grew its position in NVIDIA by 3.3% during the fourth quarter.
Baker Boyer National Bank now owns 2,403 shares of the computer hardware maker’s stock valued at $323,000 after purchasing an additional 76 shares in the last quarter. Kwmg LLC increased its stake in NVIDIA by 0.6% in the 4th quarter.
Kwmg LLC now owns 13,067 shares of the computer hardware maker’s stock valued at $1,755,000 after buying an additional 77 shares during the period. Finally, SC&H Financial Advisors Inc. lifted its position in NVIDIA by 1.
6% in the 4th quarter. SC&H Financial Advisors Inc. now owns 5,074 shares of the computer hardware maker’s stock worth $681,000 after buying an additional 80 shares in the last quarter.
Institutional investors and hedge funds own 65.27% of the company’s stock. Wall Street Analyst Weigh In NVDA has been the topic of a number of research reports.
Cantor Fitzgerald reaffirmed an “overweight” rating and issued a $200.00 price target on shares of NVIDIA in a research note on Wednesday, April 16th. Summit Insights downgraded NVIDIA from a “buy” rating to a “hold” rating in a research note on Thursday, February 27th.
Susquehanna reissued a “positive” rating and issued a $180.00 price target on shares of NVIDIA in a research note on Wednesday, March 19th. Mizuho cut their price objective on shares of NVIDIA from $175.
00 to $168.00 and set an “outperform” rating on the stock in a research report on Friday, March 14th. Finally, Needham & Company LLC reissued a “buy” rating and issued a $160.
00 target price on shares of NVIDIA in a research report on Wednesday, March 19th. Six 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. Based on data from MarketBeat, NVIDIA presently has a consensus rating of “Moderate Buy” and an average target price of $164.
96. NVIDIA Stock Up 4.3 % Shares of NVDA stock opened at $111.
01 on Friday. The stock has a market cap of $2.71 trillion, a P/E 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 stock has a fifty day moving average price of $113.21 and a 200 day moving average price of $129.
01. NVIDIA Co. has a one year low of $81.
25 and a one year high of $195.95. 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, beating the consensus estimate of $0.84 by $0.
05. NVIDIA had a net margin of 55.69% and a return on equity of 114.
83%. The business had revenue of $39.33 billion for the quarter, compared to analyst estimates of $38.
16 billion. Analysts predict that NVIDIA Co. will post 2.
77 earnings per share for the current year. NVIDIA Dividend Announcement The business also recently disclosed a quarterly dividend, which was paid on Wednesday, April 2nd. Stockholders 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 annualized dividend and a dividend yield of 0.04%. NVIDIA’s dividend payout ratio is currently 1.
36%. Insider Buying and Selling In other 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 sale, the director now owns 17,279 shares of the company’s stock, valued at approximately $1,900,690.
This represents a 13.35 % decrease in their position. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is available through the SEC website .
Also, Director Aarti S. Shah sold 20,000 shares of NVIDIA stock in a transaction dated Thursday, March 20th. The shares were sold at an average price of $118.
42, for a total transaction of $2,368,400.00. Following the transaction, the director now directly owns 53,208 shares of the company’s stock, valued at $6,300,891.
36. This represents a 27.32 % decrease in their ownership of the stock.
The disclosure for this sale can be found here . Insiders sold 147,147 shares of company stock worth $17,133,207 in the last 90 days. 4.
23% of the stock is 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 Reading 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. ( NASDAQ:NVDA – Free Report ).
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