1 week Ago By ABMN Staff
McCollum Christoferson Group LLC raised its position in NVIDIA Co. ( NASDAQ:NVDA – Free Report ) by 2.1% during the 4th quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission (SEC).
The firm owned 15,218 shares of the computer hardware maker’s stock after buying an additional 318 shares during the quarter. McCollum Christoferson Group LLC’s holdings in NVIDIA were worth $2,044,000 at the end of the most recent reporting period. Other institutional investors have also recently made changes to their positions in the company.
Tacita Capital Inc purchased a new stake in NVIDIA during the fourth quarter valued at about $28,000. Legend Financial Advisors Inc. bought a new stake in shares of NVIDIA in the fourth quarter valued at approximately $34,000.
Vision Financial Markets LLC purchased a new stake in shares of NVIDIA during the 4th quarter valued at approximately $38,000. Luken Investment Analytics LLC bought a new position in NVIDIA in the 4th quarter worth approximately $40,000. Finally, Lowe Wealth Advisors LLC purchased a new position in NVIDIA in the 4th quarter valued at approximately $46,000.
Hedge funds and other institutional investors own 65.27% of the company’s stock. NVIDIA Stock Up 4.
3 % Shares of NASDAQ NVDA opened at $111.01 on Friday. The firm’s fifty day moving average is $113.
21 and its 200 day moving average is $128.99. NVIDIA Co.
has a 52 week low of $81.25 and a 52 week high of $195.95.
The company has a quick ratio of 3.64, a current ratio of 4.10 and a debt-to-equity ratio of 0.
13. The company has a market cap of $2.71 trillion, a price-to-earnings ratio of 43.
69, a PEG ratio of 1.76 and a beta of 1.96.
NVIDIA Dividend Announcement The firm also recently disclosed a quarterly dividend, which was paid on Wednesday, April 2nd. Shareholders of record on Wednesday, March 12th were issued a $0.01 dividend.
This represents a $0.04 annualized dividend and a yield of 0.04%.
The ex-dividend date of this dividend was Wednesday, March 12th. NVIDIA’s dividend payout ratio (DPR) is currently 1.36%.
Analysts Set New Price Targets A number of research firms have recently commented on NVDA. William Blair reaffirmed an “outperform” rating on shares of NVIDIA in a report on Thursday, March 20th. Hsbc Global Res downgraded NVIDIA from a “strong-buy” rating to a “hold” rating in a research note on Thursday, April 3rd.
Cantor Fitzgerald reiterated an “overweight” rating and set a $200.00 price target on shares of NVIDIA in a research report on Wednesday, April 16th. Wedbush restated an “outperform” rating and issued a $175.
00 price objective on shares of NVIDIA in a research report on Wednesday, April 16th. Finally, Morgan Stanley reduced their price objective on shares of NVIDIA from $162.00 to $160.
00 and set an “overweight” rating for the company in a research note on Friday. 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. According to data from MarketBeat, the stock currently has a consensus rating of “Moderate Buy” and an average price target of $164.
96. Get Our Latest Stock Analysis on NVDA Insider Transactions at NVIDIA In related news, Director John Dabiri sold 2,663 shares of NVIDIA stock in a transaction on 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 in the company, valued at $1,900,690.
The trade was a 13.35 % decrease in their ownership of the stock. The transaction was disclosed in a legal filing with the SEC, which is available at this link .
Also, CFO Colette Kress sold 66,660 shares of the business’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 transaction, the chief financial officer now directly owns 3,085,765 shares in the company, valued at approximately $360,509,924.95.
The trade was a 2.11 % decrease in their ownership of the stock. The disclosure for this sale can be found here .
In the last three months, insiders have sold 147,147 shares of company stock worth $17,133,207. 4.23% of the stock is currently owned by insiders.
NVIDIA 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 Articles 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 ). Receive News & Ratings for NVIDIA Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for NVIDIA and related companies with MarketBeat.
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