1 week Ago By Defense World Staff
Napatree Capital LLC lifted its position in NVIDIA Co. ( NASDAQ:NVDA – Free Report ) by 16.4% in the fourth quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission.
The fund owned 18,181 shares of the computer hardware maker’s stock after buying an additional 2,560 shares during the quarter. NVIDIA comprises approximately 1.4% of Napatree Capital LLC’s holdings, making the stock its 16th largest position.
Napatree Capital LLC’s holdings in NVIDIA were worth $2,442,000 at the end of the most recent reporting period. A number of other hedge funds also recently bought and sold shares of NVDA. Tacita Capital Inc acquired a new position in NVIDIA in the 4th quarter valued at approximately $28,000.
Legend Financial Advisors Inc. acquired a new stake in shares of NVIDIA during the 4th quarter worth about $34,000. Vision Financial Markets LLC bought a new position in shares of NVIDIA in the fourth quarter valued at approximately $38,000.
Luken Investment Analytics LLC acquired a new position in NVIDIA in the fourth quarter worth $40,000. Finally, Lowe Wealth Advisors LLC bought a new stake in NVIDIA during the 4th quarter worth about $46,000. 65.
27% of the stock is currently owned by institutional investors. Wall Street Analysts Forecast Growth Several equities research analysts have recently commented on the company. DA Davidson lowered their target price on NVIDIA from $125.
00 to $120.00 and set a “neutral” rating for the company in a research note on Monday, April 14th. DZ Bank upgraded shares of NVIDIA from a “hold” rating to a “strong-buy” rating in a research report on Friday, February 28th.
Mizuho dropped their target price on shares of NVIDIA from $175.00 to $168.00 and set an “outperform” rating on the stock in a report on Friday, March 14th.
Barclays reduced their price objective on NVIDIA from $175.00 to $155.00 and set an “overweight” rating for the company in a research report on Tuesday, April 22nd.
Finally, Summit Insights lowered shares of NVIDIA from a “buy” rating to a “hold” rating in a research note on Thursday, February 27th. Six research 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 data from MarketBeat, NVIDIA currently has a consensus rating of “Moderate Buy” and an average target price of $164.
96. Insider Activity In related news, Director John Dabiri sold 2,663 shares of NVIDIA stock in a transaction that occurred 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 sale, the director now directly owns 17,279 shares of the company’s stock, valued at approximately $1,900,690.
The trade was a 13.35 % decrease in their position. The sale was disclosed in a document filed with the SEC, which is available through this hyperlink .
Also, Director Aarti S. Shah sold 20,000 shares of the stock in a transaction that occurred on 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 completion of the transaction, the director now directly owns 53,208 shares of the company’s stock, valued at approximately $6,300,891.
36. The trade was a 27.32 % decrease in their position.
The disclosure for this sale can be found here . In the last quarter, insiders have sold 147,147 shares of company stock worth $17,133,207. Insiders own 4.
23% of the company’s stock. NVIDIA Trading Up 4.3 % Shares of NVDA stock opened at $111.
01 on Friday. The stock has a 50 day simple moving average of $113.21 and a 200 day simple moving average of $128.
99. 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 current ratio of 4.10, a quick ratio of 3.64 and a debt-to-equity ratio of 0.
13. 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 earnings results on Wednesday, February 26th.
The computer hardware maker reported $0.89 EPS for the quarter, beating the consensus estimate of $0.84 by $0.
05. The company had revenue of $39.33 billion during the quarter, compared to analysts’ expectations 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 Dividend Announcement The firm also recently announced 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 dividend on an annualized basis and a dividend yield of 0.
04%. The ex-dividend date was Wednesday, March 12th. NVIDIA’s dividend payout ratio is presently 1.
36%. 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.
Recommended Stories Five stocks we like better than NVIDIA What Investors Must Know About Over-the-Counter (OTC) Stocks Markets Think Robinhood Earnings Could Send the Stock Up Stock Market Holidays 2022-2025 – Here’s When the NYSE and NASDAQ Will be Closed Churchill Downs Stock: Could Tariff Fears Dampen Derby Gains? 3 Fintech Stocks With Good 2021 Prospects AT&T: Subscriber Growth & Buybacks Signal Bullish Turnaround 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.com's FREE daily email newsletter ..
