Bay Rivers Group Sells 1,257 Shares of NVIDIA Co. (NASDAQ:NVDA)

Bay Rivers Group reduced its holdings in shares of NVIDIA Co. (NASDAQ:NVDA – Free Report) by 1.2% in the 4th quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission.

The firm owned 103,813 shares of the computer hardware maker’s stock after selling 1,257 shares during the quarter. NVIDIA accounts for 6.8% of Bay Rivers Group’s portfolio, making the stock its 3rd largest position.



Bay Rivers Group’s holdings in NVIDIA were worth $13,941,000 as of its most recent SEC filing. Other large investors have also recently added to or reduced their stakes in the company. Hoertkorn Richard Charles increased its position in NVIDIA by 2.

0% in the third quarter. Hoertkorn Richard Charles now owns 3,490 shares of the computer hardware maker’s stock worth $424,000 after buying an additional 70 shares during the period. Smart Portfolios LLC boosted its stake in NVIDIA by 2.

7% during the 3rd quarter. Smart Portfolios LLC now owns 2,805 shares of the computer hardware maker’s stock valued at $341,000 after purchasing an additional 75 shares in the last quarter. Palisade Asset Management LLC raised its position in shares of NVIDIA by 0.

5% during the third quarter. Palisade Asset Management LLC now owns 15,363 shares of the computer hardware maker’s stock worth $1,866,000 after purchasing an additional 75 shares during the period. Kwmg LLC grew 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 valued at $1,755,000 after purchasing an additional 77 shares in the last quarter. Finally, Total Wealth Planning LLC raised its stake in shares of NVIDIA by 3.

6% during the 3rd quarter. Total Wealth Planning LLC now owns 2,275 shares of the computer hardware maker’s stock worth $276,000 after purchasing an additional 78 shares in the last quarter. 65.

27% of the stock is currently owned by institutional investors and hedge funds. NVIDIA Stock Up 0.6 %NVIDIA stock opened at $140.

11 on Friday. NVIDIA Co. has a twelve month low of $66.

25 and a twelve month high of $153.13. The company has a quick ratio of 3.

64, a current ratio of 4.10 and a debt-to-equity ratio of 0.13.

The company has a 50 day moving average of $134.66 and a 200-day moving average of $130.91.

The stock has a market capitalization of $3.43 trillion, a PE ratio of 55.14, a price-to-earnings-growth ratio of 1.

75 and a beta of 1.62. NVIDIA (NASDAQ:NVDA – Get Free Report) last posted its quarterly earnings data on Wednesday, November 20th.

The computer hardware maker reported $0.81 earnings per share (EPS) for the quarter, topping analysts’ consensus estimates of $0.69 by $0.

12. The business had revenue of $35.08 billion during the quarter, compared to the consensus estimate of $33.

15 billion. NVIDIA had a return on equity of 114.83% and a net margin of 55.

69%. NVIDIA’s quarterly revenue was up 93.6% on a year-over-year basis.

During the same period last year, the company earned $0.38 earnings per share. On average, equities research analysts anticipate that NVIDIA Co.

will post 2.77 EPS for the current fiscal year. Insider Buying and SellingIn other NVIDIA news, Director Tench Coxe sold 1,000,000 shares of the business’s stock in a transaction that occurred on Monday, December 16th.

The stock was sold at an average price of $131.26, for a total transaction of $131,260,000.00.

Following the transaction, the director now owns 28,671,360 shares of the company’s stock, valued at $3,763,402,713.60. The trade was a 3.

37 % decrease in their position. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is available through this link. Also, insider Donald F.

Robertson, Jr. sold 4,500 shares of the company’s stock in a transaction on Friday, December 13th. The stock was sold at an average price of $135.

28, for a total transaction of $608,760.00. Following the sale, the insider now directly owns 480,899 shares in the company, valued at $65,056,016.

72. This trade represents a 0.93 % decrease in their ownership of the stock.

The disclosure for this sale can be found here. Over the last 90 days, insiders sold 1,108,348 shares of company stock worth $146,506,958. 4.

23% of the stock is owned by insiders. Wall Street Analyst Weigh InA number of research firms have recently weighed in on NVDA. TD Cowen raised their price target on shares of NVIDIA from $165.

00 to $175.00 and gave the company a “buy” rating in a report on Thursday, November 21st. Mizuho upped their price target on NVIDIA from $165.

00 to $175.00 and gave the stock an “outperform” rating in a report on Thursday, November 21st. Melius Research increased their target price on shares of NVIDIA from $165.

00 to $185.00 and gave the company a “buy” rating in a research note on Monday, November 11th. Oppenheimer reiterated an “outperform” rating and set a $175.

00 price target on shares of NVIDIA in a research note on Thursday, November 21st. Finally, Stifel Nicolaus lifted their price objective on NVIDIA from $165.00 to $180.

00 and gave the company a “buy” rating in a report on Tuesday, November 19th. Four analysts have rated the stock with a hold rating, thirty-seven have issued a buy rating and two have given a strong buy rating to the stock. According to MarketBeat.

com, the stock currently has a consensus rating of “Moderate Buy” and a consensus target price of $168.21.Get Our Latest Stock Report on NVIDIANVIDIA 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.Recommended StoriesFive stocks we like better than NVIDIAFinancial Services Stocks InvestingRay Dalio’s Bridgewater Loaded Up on These Stocks in Q4 2024Investing In Preferred Stock vs. Common StockWalmart Faces Tariff Headwinds, Consumer Trends Remain PositiveHow to Profit From Value Investing Tesla: 2 Reasons to Buy, 1 Reason to RunWant 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)..