1 week Ago By Defense World Staff
Sei Investments Co. lifted its stake in shares of NVIDIA Co. ( NASDAQ:NVDA – Free Report ) by 3.
8% during the fourth quarter, according to its most recent filing with the Securities & Exchange Commission. The firm owned 15,212,771 shares of the computer hardware maker’s stock after acquiring an additional 550,621 shares during the period. NVIDIA accounts for about 2.
6% of Sei Investments Co.’s portfolio, making the stock its 2nd largest position. Sei Investments Co.
owned approximately 0.06% of NVIDIA worth $2,042,921,000 as of its most recent filing with the Securities & Exchange Commission. Several other institutional investors and hedge funds have also bought and sold shares of the stock.
Tacita Capital Inc bought a new position in shares of NVIDIA in the 4th quarter worth $28,000. Legend Financial Advisors Inc. bought a new position in shares of NVIDIA in the fourth quarter valued at $34,000.
Vision Financial Markets LLC acquired a new position in shares of NVIDIA during the fourth quarter valued at about $38,000. Luken Investment Analytics LLC bought a new stake in shares of NVIDIA during the fourth quarter worth about $40,000. Finally, Lowe Wealth Advisors LLC acquired a new stake in shares of NVIDIA in the 4th quarter worth about $46,000.
65.27% of the stock is owned by institutional investors. Wall Street Analyst Weigh In NVDA has been the subject of a number of recent research reports.
Barclays decreased their price objective on NVIDIA from $175.00 to $155.00 and set an “overweight” rating for the company in a report on Tuesday.
TD Cowen lowered their price target on shares of NVIDIA from $175.00 to $140.00 and set a “buy” rating on the stock in a report on Wednesday, April 9th.
DZ Bank raised NVIDIA from a “hold” rating to a “strong-buy” rating in a report on Friday, February 28th. Summit Insights cut shares of NVIDIA from a “buy” rating to a “hold” rating in a report on Thursday, February 27th. Finally, Citigroup restated a “buy” rating on shares of NVIDIA in a research report on Wednesday, April 16th.
Six investment analysts have rated the stock with a hold rating, thirty-six have given a buy rating and two have given a strong buy rating to the company’s stock. According to data from MarketBeat, the company presently has a consensus 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.
NVIDIA Co. has a fifty-two week low of $81.25 and a fifty-two week high of $195.
95. The company 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.
The business’s 50 day moving average price is $113.21 and its two-hundred day moving average price is $129.01.
The company has a debt-to-equity ratio of 0.13, a quick ratio of 3.64 and a current ratio of 4.
10. NVIDIA ( NASDAQ:NVDA – Get Free Report ) last issued its quarterly earnings results on Wednesday, February 26th. The computer hardware maker reported $0.
89 earnings per share for the quarter, topping the consensus estimate of $0.84 by $0.05.
NVIDIA had a return on equity of 114.83% and a net margin of 55.69%.
The company had revenue of $39.33 billion for the quarter, compared to analysts’ expectations of $38.16 billion.
As a group, analysts forecast 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 paid a dividend of $0.01 per share.
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 1.36%.
Insider Transactions at NVIDIA In other NVIDIA news, 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 transaction of $2,368,400.00. Following the completion of the transaction, the director now owns 53,208 shares in the company, valued at approximately $6,300,891.
36. The trade was a 27.32 % decrease in their ownership of the stock.
The sale was disclosed in a filing with the Securities & Exchange Commission, which can be accessed through this hyperlink . Also, insider Donald F. Robertson, Jr.
sold 4,500 shares of the stock in a transaction 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 sale, the insider now directly owns 479,428 shares in the company, valued at approximately $55,997,190.40.
This represents a 0.93 % decrease in their ownership of the stock. The disclosure for this sale can be found here .
Insiders have sold a total of 147,147 shares of company stock valued at $17,133,207 in the last ninety days. 4.23% of the stock is currently owned by corporate 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 Five stocks we like better than NVIDIA How to Evaluate a Stock Before Buying Short Sellers Gave Up on These 3 Names Recently Stock Market Upgrades: What Are They? 3 Boring Stocks Outperforming the Market This Year How to Start Investing in Real Estate If You Wanted To Buy AbbVie and Didn’t, There’s Still Time To Buy 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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