4 days Ago By ABMN Staff
Avantax Planning Partners Inc. raised its position in NVIDIA Co. ( NASDAQ:NVDA – Free Report ) by 2.
5% in the fourth quarter, Holdings Channel.com reports. The institutional investor owned 56,600 shares of the computer hardware maker’s stock after purchasing an additional 1,365 shares during the period.
Avantax Planning Partners Inc.’s holdings in NVIDIA were worth $7,601,000 as of its most recent filing with the Securities and Exchange Commission. Several other large investors have also modified their holdings of the company.
Clear Street Derivatives LLC purchased a new position in shares of NVIDIA during the third quarter worth about $4,589,905,000. Proficio Capital Partners LLC lifted its position in NVIDIA by 14,641.2% during the 4th quarter.
Proficio Capital Partners LLC now owns 34,676,316 shares of the computer hardware maker’s stock worth $4,656,682,000 after acquiring an additional 34,441,082 shares during the period. Amundi lifted its position 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 acquiring an additional 13,406,054 shares during the period. Geode Capital Management LLC grew its stake in shares of NVIDIA by 2.2% in the 3rd 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 last quarter. Finally, UBS AM a distinct business unit of UBS ASSET MANAGEMENT AMERICAS LLC increased its holdings in shares of NVIDIA by 3.8% in 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 valued at $21,908,236,000 after purchasing an additional 6,526,200 shares during the period. 65.27% of the stock is owned by institutional investors and hedge funds.
NVIDIA Price Performance NASDAQ:NVDA opened at $112.20 on Wednesday. The firm has a market cap of $2.
74 trillion, a price-to-earnings ratio of 44.16, a price-to-earnings-growth ratio of 1.76 and a beta of 1.
96. NVIDIA Co. has a 12-month low of $75.
61 and a 12-month high of $195.95. The company has a current ratio of 4.
10, a quick ratio of 3.64 and a debt-to-equity ratio of 0.13.
The company’s 50-day moving average is $118.34 and its two-hundred day moving average is $130.20.
NVIDIA Dividend Announcement The firm also recently announced a quarterly dividend, which was paid on Wednesday, April 2nd. Investors of record on Wednesday, March 12th were paid a $0.01 dividend.
The ex-dividend date was Wednesday, March 12th. This represents a $0.04 annualized dividend and a yield of 0.
04%. NVIDIA’s payout ratio is currently 1.36%.
Insider Buying and Selling In other news, CFO Colette Kress sold 66,660 shares of the firm’s stock in a transaction dated Friday, March 21st. The stock was 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 directly owns 3,085,765 shares in the company, valued at $360,509,924.95.
This trade represents a 2.11 % decrease in their position. The transaction 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 stock was sold at an average price of $118.
42, for a total transaction of $2,368,400.00. Following the sale, the director now directly owns 53,208 shares of the company’s stock, valued at approximately $6,300,891.
36. This trade represents a 27.32 % decrease in their position.
The disclosure for this sale can be found here . Over the last ninety days, insiders have sold 147,147 shares of company stock worth $17,133,207. 4.
23% of the stock is owned by company insiders. Analyst Ratings Changes A number of equities analysts recently weighed in on the stock. Hsbc Global Res lowered shares of NVIDIA from a “strong-buy” rating to a “hold” rating in a research report on Thursday, April 3rd.
Morgan Stanley set a $162.00 target price on shares of NVIDIA and gave the company an “overweight” rating in a report on Wednesday, March 19th. Needham & Company LLC reissued a “buy” rating and set a $160.
00 price target on shares of NVIDIA in a report on Wednesday, March 19th. Wedbush reaffirmed an “outperform” rating and issued a $175.00 price objective on shares of NVIDIA in a report on Thursday, February 20th.
Finally, DA Davidson dropped their target price on NVIDIA from $125.00 to $120.00 and set a “neutral” rating on the stock in a research report on Monday.
Six analysts have rated the stock with a hold rating, thirty-six have issued a buy rating and two have assigned a strong buy rating to the company’s stock. According to data from MarketBeat, the company currently has a consensus rating of “Moderate Buy” and an average price target of $168.26.
Get Our Latest Report on NVIDIA 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 ). 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 ..
