2 weeks Ago By Defense World Staff
Vinva Investment Management Ltd grew its stake in shares of NVIDIA Co. ( NASDAQ:NVDA – Free Report ) by 7.9% during the 4th quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission (SEC).
The fund owned 1,250,923 shares of the computer hardware maker’s stock after buying an additional 91,468 shares during the period. NVIDIA accounts for about 6.7% of Vinva Investment Management Ltd’s investment portfolio, making the stock its 2nd largest position.
Vinva Investment Management Ltd’s holdings in NVIDIA were worth $171,989,000 as of its most recent filing with the Securities and Exchange Commission (SEC). Other hedge funds have also recently modified their holdings of the company. DiNuzzo Private Wealth Inc.
raised its holdings in shares of NVIDIA by 0.8% in the fourth quarter. DiNuzzo Private Wealth Inc.
now owns 8,612 shares of the computer hardware maker’s stock worth $1,157,000 after buying an additional 71 shares during the period. Palisade Asset Management LLC grew its position in NVIDIA by 0.5% in the 3rd quarter.
Palisade Asset Management LLC now owns 15,363 shares of the computer hardware maker’s stock valued at $1,866,000 after acquiring an additional 75 shares during the last quarter. Baker Boyer National Bank grew its position in NVIDIA by 3.3% in the 4th quarter.
Baker Boyer National Bank now owns 2,403 shares of the computer hardware maker’s stock valued at $323,000 after acquiring an additional 76 shares during the last quarter. Kwmg LLC increased its stake in NVIDIA by 0.6% in the fourth quarter.
Kwmg LLC now owns 13,067 shares of the computer hardware maker’s stock worth $1,755,000 after purchasing an additional 77 shares during the period. Finally, SC&H Financial Advisors Inc. lifted its position in shares of NVIDIA by 1.
6% during the fourth quarter. SC&H Financial Advisors Inc. now owns 5,074 shares of the computer hardware maker’s stock worth $681,000 after purchasing an additional 80 shares during the last quarter.
Hedge funds and other institutional investors own 65.27% of the company’s stock. Wall Street Analyst Weigh In A number of research analysts have recently commented on the stock.
Barclays cut their price target on shares of NVIDIA from $175.00 to $155.00 and set an “overweight” rating on the stock in a report on Tuesday.
Piper Sandler decreased their price target on shares of NVIDIA from $175.00 to $150.00 and set an “overweight” rating for the company in a research note on Wednesday, April 16th.
Tigress Financial reiterated a “buy” rating on shares of NVIDIA in a report on Wednesday, February 26th. Rosenblatt Securities reduced their price objective on NVIDIA from $220.00 to $200.
00 and set a “buy” rating on the stock in a report on Wednesday, April 16th. Finally, Truist Financial lifted their target price on NVIDIA from $204.00 to $205.
00 and gave the company a “buy” rating in a research report on Thursday, February 27th. 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 MarketBeat.
com, NVIDIA presently has an average rating of “Moderate Buy” and a consensus target price of $165.01. NVIDIA Stock Up 2.
0 % NASDAQ:NVDA opened at $98.89 on Wednesday. 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 twelve month low of $78.22 and a twelve month high of $195.
95. The company has a market cap of $2.41 trillion, a PE ratio of 38.
92, a P/E/G ratio of 1.76 and a beta of 1.96.
The company’s 50 day moving average is $115.15 and its two-hundred day moving average is $129.50.
NVIDIA ( NASDAQ:NVDA – Get Free Report ) last announced its quarterly earnings data on Wednesday, February 26th. The computer hardware maker reported $0.89 earnings per share for the quarter, beating analysts’ consensus estimates of $0.
84 by $0.05. NVIDIA had a net margin of 55.
69% and a return on equity of 114.83%. The firm had revenue of $39.
33 billion for the quarter, compared to analyst estimates of $38.16 billion. Analysts anticipate that NVIDIA Co.
will post 2.77 EPS for the current year. NVIDIA Announces Dividend The company also recently disclosed a quarterly dividend, which was paid on Wednesday, April 2nd.
Stockholders 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%. Insider Transactions at NVIDIA In related news, CFO Colette Kress sold 66,660 shares of the stock in a transaction that occurred on Friday, March 21st.
The shares were sold at an average price of $116.83, for a total value of $7,787,887.80.
Following the transaction, the chief financial officer now owns 3,085,765 shares in the company, valued at approximately $360,509,924.95. This represents a 2.
11 % decrease in their position. The sale was disclosed in a filing with the Securities & Exchange Commission, which can be accessed through this link . Also, Director Aarti S.
Shah sold 20,000 shares of NVIDIA 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 sale, the director now 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 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 over the last three months. 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. Further Reading Five stocks we like better than NVIDIA Russell 2000 Index, How Investors Use it For Profitable Trading How to Invest in Micro-Cap Stocks Like a Pro What is the Nasdaq? Complete Overview with History Investors Sell Microsoft Stock on OpenAI News—Time to Buy? Dividend King Proctor & Gamble Is A Buy On Post-Earnings Weakness Take-Two Interactive: A Defensive Play Set to Explode 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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