1 week Ago By ABMN Staff
Bravias Capital Group LLC purchased a new position in NVIDIA Co. ( NASDAQ:NVDA – Free Report ) during the 4th quarter, HoldingsChannel.com reports.
The fund purchased 22,395 shares of the computer hardware maker’s stock, valued at approximately $3,007,000. NVIDIA accounts for 2.4% of Bravias Capital Group LLC’s investment portfolio, making the stock its 9th largest holding.
A number of other institutional investors have also added to or reduced their stakes in the company. Legend Financial Advisors Inc. bought a new position in shares of NVIDIA in the 4th quarter worth about $34,000.
Luken Investment Analytics LLC bought a new position in shares of NVIDIA during the fourth quarter valued at approximately $40,000. Lowe Wealth Advisors LLC purchased a new position in shares of NVIDIA during the fourth quarter valued at approximately $46,000. 1620 Investment Advisors Inc.
lifted its holdings in shares of NVIDIA by 145.9% during the third quarter. 1620 Investment Advisors Inc.
now owns 418 shares of the computer hardware maker’s stock valued at $51,000 after purchasing an additional 248 shares during the last quarter. Finally, Gleason Group Inc. grew its stake in shares of NVIDIA by 52.
9% in the 4th quarter. Gleason Group Inc. now owns 428 shares of the computer hardware maker’s stock worth $58,000 after buying an additional 148 shares during the last quarter.
Institutional investors own 65.27% of the company’s stock. NVIDIA Trading Up 3.
5 % Shares of NVIDIA stock opened at $97.64 on Tuesday. NVIDIA Co.
has a fifty-two week low of $75.61 and a fifty-two week high of $195.95.
The company has a debt-to-equity ratio of 0.13, a quick ratio of 3.64 and a current ratio of 4.
10. The company has a market capitalization of $2.38 trillion, a P/E ratio of 38.
43, a P/E/G ratio of 1.76 and a beta of 1.96.
The company has a fifty day moving average of $120.78 and a 200 day moving average of $131.05.
NVIDIA Announces Dividend The business also recently disclosed a quarterly dividend, which was paid on Wednesday, April 2nd. Stockholders of record on Wednesday, March 12th were given a dividend of $0.01 per share.
This represents a $0.04 annualized dividend and a dividend yield of 0.04%.
The ex-dividend date was Wednesday, March 12th. NVIDIA’s payout ratio is currently 1.36%.
Insider Transactions at NVIDIA In other news, Director John Dabiri sold 2,663 shares of the firm’s stock in a transaction dated Monday, March 10th. The stock was sold at an average price of $110.00, for a total transaction of $292,930.
00. Following the completion of the transaction, the director now owns 17,279 shares in the company, valued at $1,900,690. This trade represents a 13.
35 % decrease in their ownership of the stock. The sale was disclosed in a document filed with the SEC, which is available at the SEC website . Also, Director Aarti S.
Shah sold 20,000 shares of the business’s stock in a transaction dated Thursday, March 20th. The stock was sold at an average price of $118.42, for a total value of $2,368,400.
00. Following the completion of the sale, the director now owns 53,208 shares in the company, valued at $6,300,891.36.
This represents a 27.32 % decrease in their ownership of the stock. The disclosure for this sale can be found here .
Over the last quarter, insiders have sold 147,147 shares of company stock valued at $17,133,207. 4.23% of the stock is currently owned by corporate insiders.
Wall Street Analyst Weigh In NVDA has been the subject of a number of recent research reports. Stifel Nicolaus set a $180.00 price objective on NVIDIA in a research note on Wednesday, March 19th.
KeyCorp set a $190.00 price target on NVIDIA in a research report on Wednesday, March 19th. Cantor Fitzgerald reissued an “overweight” rating and set a $200.
00 price objective on shares of NVIDIA in a research report on Wednesday, March 19th. Tigress Financial reaffirmed a “buy” rating on shares of NVIDIA in a report on Wednesday, February 26th. Finally, Needham & Company LLC reiterated a “buy” rating and issued a $160.
00 target price on shares of NVIDIA in a research note on Wednesday, March 19th. Six investment analysts have rated the stock with a hold rating, thirty-six have assigned a buy rating and two have given a strong buy rating to the stock. According to MarketBeat.
com, the stock has an average rating of “Moderate Buy” and an average price target of $169.89. Get Our Latest Stock Analysis 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. Featured Stories 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.
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