2 weeks Ago By ABMN Staff
VSM Wealth Advisory LLC acquired a new stake in shares of NVIDIA Co. ( NASDAQ:NVDA – Free Report ) in the fourth quarter, HoldingsChannel.com reports.
The institutional investor acquired 2,137 shares of the computer hardware maker’s stock, valued at approximately $287,000. Other large investors have also recently bought and sold shares of the company. Geode Capital Management LLC increased its position in shares of NVIDIA by 2.
2% during the third quarter. Geode Capital Management LLC now owns 546,079,492 shares of the computer hardware maker’s stock worth $66,101,133,000 after acquiring an additional 11,525,969 shares in the last quarter. UBS AM a distinct business unit of UBS ASSET MANAGEMENT AMERICAS LLC lifted its position in NVIDIA by 3.
8% in the 3rd quarter. UBS AM a distinct business unit of UBS ASSET MANAGEMENT AMERICAS LLC now owns 180,403,789 shares of the computer hardware maker’s stock valued at $21,908,236,000 after acquiring an additional 6,526,200 shares in the last quarter. Charles Schwab Investment Management Inc.
boosted its stake in NVIDIA by 3.6% in the 4th quarter. Charles Schwab Investment Management Inc.
now owns 151,280,130 shares of the computer hardware maker’s stock worth $20,315,409,000 after purchasing an additional 5,211,040 shares during the period. Amundi increased its holdings in NVIDIA by 12.9% during the 4th quarter.
Amundi now owns 117,036,612 shares of the computer hardware maker’s stock worth $16,394,224,000 after purchasing an additional 13,406,054 shares in the last quarter. Finally, Fisher Asset Management LLC raised its stake in shares of NVIDIA by 1.7% in the 4th quarter.
Fisher Asset Management LLC now owns 98,339,379 shares of the computer hardware maker’s stock valued at $13,205,995,000 after purchasing an additional 1,618,672 shares during the period. Institutional investors own 65.27% of the company’s stock.
NVIDIA Stock Performance Shares of NASDAQ:NVDA opened at $98.89 on Wednesday. The company has a quick ratio of 3.
64, a current ratio of 4.10 and a debt-to-equity ratio of 0.13.
NVIDIA Co. has a 12-month low of $78.22 and a 12-month high of $195.
95. The company’s 50 day moving average price is $115.15 and its two-hundred day moving average price is $129.
50. The firm has a market cap of $2.41 trillion, a PE ratio of 38.
92, a PEG ratio of 1.76 and a beta of 1.96.
NVIDIA Dividend Announcement The business also recently declared a quarterly dividend, which was paid on Wednesday, April 2nd. Investors of record on Wednesday, March 12th were paid a $0.01 dividend.
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 (DPR) is presently 1.36%.
Insider Buying and Selling In other news, CFO Colette Kress sold 66,660 shares of the business’s 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 completion of 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 position. The sale was disclosed in a filing with the Securities & Exchange Commission, which can be accessed through this hyperlink .
Also, Director Robert K. Burgess sold 53,324 shares of the company’s stock in a transaction that occurred on Thursday, March 13th. The stock was sold at an average price of $115.
49, for a total transaction of $6,158,388.76. Following the sale, the director now directly owns 251,044 shares of the company’s stock, valued at approximately $28,993,071.
56. This trade represents a 17.52 % decrease in their position.
The disclosure for this sale can be found here . Insiders sold 147,147 shares of company stock valued at $17,133,207 over the last quarter. 4.
23% of the stock is owned by company insiders. Wall Street Analyst Weigh In A number of research analysts recently issued reports on NVDA shares. Raymond James reiterated a “strong-buy” rating on shares of NVIDIA in a report on Wednesday, April 16th.
DZ Bank upgraded shares of NVIDIA from a “hold” rating to a “strong-buy” rating in a report on Friday, February 28th. Citigroup reiterated a “buy” rating on shares of NVIDIA in a research note on Wednesday, April 16th. Morgan Stanley set a $162.
00 price objective on shares of NVIDIA and gave the stock an “overweight” rating in a research note on Wednesday, March 19th. Finally, KeyCorp set a $190.00 target price on NVIDIA in a research report on Wednesday, March 19th.
Six 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 stock. According to data from MarketBeat.com, NVIDIA currently has an average rating of “Moderate Buy” and an average price target of $165.
01. Get Our Latest Report on NVDA 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.
Further Reading 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 ).
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