
Argonautica Private Wealth Management Inc. raised its stake in NVIDIA Co. (NASDAQ:NVDA – Free Report) by 0.
3% in the 4th quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The institutional investor owned 94,791 shares of the computer hardware maker’s stock after acquiring an additional 292 shares during the period. NVIDIA accounts for approximately 4.
1% of Argonautica Private Wealth Management Inc.’s portfolio, making the stock its 4th largest position. Argonautica Private Wealth Management Inc.
’s holdings in NVIDIA were worth $12,729,000 at the end of the most recent reporting period. Several other hedge funds also recently made changes to their positions in NVDA. Clear Street Derivatives LLC acquired a new position in shares of NVIDIA in the 3rd quarter valued at $4,589,905,000.
Geode Capital Management LLC increased its stake in NVIDIA by 2.2% in the third quarter. Geode Capital Management LLC now owns 546,079,492 shares of the computer hardware maker’s stock valued at $66,101,133,000 after purchasing an additional 11,525,969 shares during the period.
UBS AM a distinct business unit of UBS ASSET MANAGEMENT AMERICAS LLC boosted its stake in shares of NVIDIA by 3.8% during the third 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 worth $21,908,236,000 after buying an additional 6,526,200 shares during the period.
National Pension Service grew its holdings in shares of NVIDIA by 14.9% during the third quarter. National Pension Service now owns 47,220,708 shares of the computer hardware maker’s stock worth $5,734,483,000 after buying an additional 6,118,674 shares during the last quarter.
Finally, Healthcare of Ontario Pension Plan Trust Fund increased its position in NVIDIA by 57.7% in the 3rd quarter. Healthcare of Ontario Pension Plan Trust Fund now owns 13,571,355 shares of the computer hardware maker’s stock valued at $1,648,105,000 after acquiring an additional 4,965,442 shares during the period.
Hedge funds and other institutional investors own 65.27% of the company’s stock. NVIDIA Stock PerformanceNVIDIA stock opened at $110.
15 on Wednesday. The stock’s 50-day moving average is $123.81 and its 200-day moving average is $131.
47. The company has a market cap of $2.69 trillion, a price-to-earnings ratio of 43.
35, a price-to-earnings-growth ratio of 1.76 and a beta of 1.77.
NVIDIA Co. has a 12 month low of $75.61 and a 12 month high of $195.
95. The company has a debt-to-equity ratio of 0.13, a current ratio of 4.
10 and a quick ratio of 3.64. NVIDIA (NASDAQ:NVDA – Get Free Report) last released its quarterly earnings data on Wednesday, February 26th.
The computer hardware maker reported $0.89 earnings per share (EPS) for the quarter, topping the consensus estimate of $0.84 by $0.
05. The company had revenue of $39.33 billion during the quarter, compared to analyst estimates of $38.
16 billion. NVIDIA had a net margin of 55.69% and a return on equity of 114.
83%. Equities analysts anticipate that NVIDIA Co. will post 2.
77 earnings per share for the current year. NVIDIA Dividend AnnouncementThe business also recently announced a quarterly dividend, which will be paid on Wednesday, April 2nd. Stockholders of record on Wednesday, March 12th will be given a $0.
01 dividend. This represents a $0.04 annualized dividend and a dividend yield of 0.
04%. The ex-dividend date of this dividend is Wednesday, March 12th. NVIDIA’s payout ratio is 1.
36%. Insider Buying and SellingIn other NVIDIA news, Director John Dabiri sold 2,663 shares of the business’s stock in a transaction on Monday, March 10th. The shares were sold at an average price of $110.
00, for a total value of $292,930.00. Following the transaction, the director now owns 17,279 shares in the company, valued at $1,900,690.
The trade was a 13.35 % decrease in their position. The sale was disclosed in a filing with the SEC, which is available through the SEC website.
Also, CFO Colette Kress sold 66,660 shares of the firm’s stock in a transaction dated 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 sale, the chief financial officer now owns 3,085,765 shares of the company’s stock, valued at $360,509,924.95.
This represents a 2.11 % decrease in their ownership of the stock. The disclosure for this sale can be found here.
In the last ninety days, insiders have sold 183,609 shares of company stock valued at $22,642,615. Corporate insiders own 4.23% of the company’s stock.
Wall Street Analyst Weigh InSeveral research analysts have weighed in on the company. William Blair reiterated an “outperform” rating on shares of NVIDIA in a research note on Thursday, March 20th. Stifel Nicolaus set a $180.
00 target price on shares of NVIDIA in a research note on Wednesday, March 19th. Bank of America reiterated a “buy” rating and set a $200.00 price target on shares of NVIDIA in a research note on Wednesday, March 19th.
KeyCorp set a $190.00 price objective on NVIDIA in a report on Wednesday, March 19th. Finally, Wedbush reissued an “outperform” rating and set a $175.
00 target price on shares of NVIDIA in a research note on Thursday, February 20th. Four investment analysts have rated the stock with a hold rating, thirty-seven have given a buy rating and two have assigned a strong buy rating to the company’s stock. According to data from MarketBeat.
com, NVIDIA currently has an average rating of “Moderate Buy” and an average price target of $171.51.Check Out Our Latest Analysis on NVDANVIDIA 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 ArticlesFive stocks we like better than NVIDIAHow to Short Nasdaq: An Easy-to-Follow GuideD-Wave: Multiple Use Cases Emerge Following Quantum SupremacyWhat Does a Stock Split Mean? Amazon Falls Back to a Key Support Line: Here’s How to Play ItWhat Are Dividends? Buy the Best Dividend StocksBuffett Trims Equities, But Still Keeps Buying This Stock 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)..