1 week Ago By Defense World Staff
McCollum Christoferson Group LLC increased its stake in shares of NVIDIA Co. (NASDAQ:NVDA – Free Report) by 2.1% during the fourth quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission.
The firm owned 15,218 shares of the computer hardware maker’s stock after acquiring an additional 318 shares during the period. McCollum Christoferson Group LLC’s holdings in NVIDIA were worth $2,044,000 as of its most recent SEC filing. Other institutional investors have also added to or reduced their stakes in the company.
DiNuzzo Private Wealth Inc. lifted its position in NVIDIA by 0.8% during the fourth quarter.
DiNuzzo Private Wealth Inc. now owns 8,612 shares of the computer hardware maker’s stock worth $1,157,000 after acquiring an additional 71 shares during the last quarter. Palisade Asset Management LLC increased its stake 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 lifted its holdings in NVIDIA by 3.
3% during the 4th quarter. Baker Boyer National Bank now owns 2,403 shares of the computer hardware maker’s stock worth $323,000 after purchasing an additional 76 shares during the last quarter. Kwmg LLC boosted 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 purchasing an additional 77 shares during the period. Finally, SC&H Financial Advisors Inc.
grew its holdings 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 valued at $681,000 after buying an additional 80 shares in the last quarter. 65.27% of the stock is owned by institutional investors.
Insider Transactions at NVIDIAIn other news, insider Donald F. Robertson, Jr. sold 4,500 shares of the company’s stock in a transaction that occurred on Friday, March 21st.
The stock was sold at an average price of $116.80, for a total value 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 $55,997,190.40. This represents a 0.
93 % decrease in their ownership of the stock. The transaction was disclosed in a legal filing with the SEC, which is available at this hyperlink. Also, Director Aarti S.
Shah sold 20,000 shares of NVIDIA stock in a transaction on Thursday, March 20th. The stock was sold at an average price of $118.42, for a total value of $2,368,400.
00. Following the sale, the director now owns 53,208 shares in the company, valued at $6,300,891.36.
This trade represents a 27.32 % decrease in their ownership of the stock. The disclosure for this sale can be found here.
Insiders sold a total of 147,147 shares of company stock worth $17,133,207 in the last quarter. 4.23% of the stock is currently owned by corporate insiders.
NVIDIA Stock Up 4.3 %NVIDIA stock opened at $111.01 on Friday.
The company has a current ratio of 4.10, a quick ratio of 3.64 and a debt-to-equity ratio of 0.
13. The firm’s fifty day moving average price is $113.21 and its two-hundred day moving average price is $128.
99. The firm has a market capitalization of $2.71 trillion, a price-to-earnings ratio of 43.
69, a price-to-earnings-growth ratio of 1.76 and a beta of 1.96.
NVIDIA Co. has a 1-year low of $81.25 and a 1-year high of $195.
95. NVIDIA (NASDAQ:NVDA – Get Free Report) last issued its quarterly earnings data on Wednesday, February 26th. The computer hardware maker reported $0.
89 EPS for the quarter, topping analysts’ consensus estimates of $0.84 by $0.05.
NVIDIA had a return on equity of 114.83% and a net margin of 55.69%.
The firm had revenue of $39.33 billion during the quarter, compared to analyst estimates of $38.16 billion.
On average, equities research analysts predict that NVIDIA Co. will post 2.77 earnings per share for the current fiscal year.
NVIDIA Announces DividendThe company also recently disclosed a quarterly dividend, which was paid on Wednesday, April 2nd. Shareholders of record on Wednesday, March 12th were issued a dividend of $0.01 per share.
This represents a $0.04 dividend on an annualized basis and a yield of 0.04%.
The ex-dividend date was Wednesday, March 12th. NVIDIA’s dividend payout ratio is 1.36%.
Analyst Ratings ChangesA number of equities research analysts have recently issued reports on NVDA shares. Susquehanna reissued a “positive” rating and issued a $180.00 target price on shares of NVIDIA in a research report on Wednesday, March 19th.
Truist Financial increased their target price on shares of NVIDIA from $204.00 to $205.00 and gave the stock a “buy” rating in a research report on Thursday, February 27th.
Wedbush reaffirmed an “outperform” rating and set a $175.00 target price on shares of NVIDIA in a report on Wednesday, April 16th. Raymond James reiterated a “strong-buy” rating on shares of NVIDIA in a research note on Wednesday, April 16th.
Finally, Tigress Financial restated a “buy” rating on shares of NVIDIA in a research note on Wednesday, February 26th. Six analysts have rated the stock with a hold rating, thirty-six have issued a buy rating and two have assigned a strong buy rating to the company. According to data from MarketBeat, the stock presently has an average rating of “Moderate Buy” and an average target price of $164.
96.Get Our Latest Analysis on NVDAAbout 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.
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