Cascade Financial Partners LLC grew its stake in shares of NVIDIA Co. (NASDAQ:NVDA – Free Report) by 1.1% during the fourth quarter, according to the company in its most recent 13F filing with the Securities & Exchange Commission.
The institutional investor owned 87,657 shares of the computer hardware maker’s stock after buying an additional 939 shares during the period. NVIDIA accounts for 1.5% of Cascade Financial Partners LLC’s portfolio, making the stock its 11th biggest holding.
Cascade Financial Partners LLC’s holdings in NVIDIA were worth $11,771,000 as of its most recent filing with the Securities & Exchange Commission. Other hedge funds also recently made changes to their positions in the company. Geode Capital Management LLC increased its stake in 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 worth $66,101,133,000 after buying an additional 11,525,969 shares in the last quarter. UBS AM a distinct business unit of UBS ASSET MANAGEMENT AMERICAS LLC boosted its stake 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 worth $21,908,236,000 after acquiring an additional 6,526,200 shares during the period. Charles Schwab Investment Management Inc.
grew its position in shares of NVIDIA by 3.6% during the fourth 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 in the last quarter. Amundi raised its stake in NVIDIA by 12.9% during the 4th quarter.
Amundi now owns 117,036,612 shares of the computer hardware maker’s stock valued at $16,394,224,000 after purchasing an additional 13,406,054 shares during the period. Finally, Fisher Asset Management LLC lifted its holdings in 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 worth $13,205,995,000 after purchasing an additional 1,618,672 shares in the last quarter. 65.27% of the stock is currently owned by institutional investors.
Insider Transactions at NVIDIAIn related news, CFO Colette Kress sold 66,660 shares of the business’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 completion of the sale, the chief financial officer now directly owns 3,085,765 shares of the company’s stock, valued at $360,509,924.95.
The trade was a 2.11 % decrease in their position. The sale was disclosed in a filing with the SEC, which is available at the SEC website.
Also, Director Robert K. Burgess sold 53,324 shares of the company’s stock in a transaction 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 transaction, the director now owns 251,044 shares in the company, valued at approximately $28,993,071.
56. The trade was a 17.52 % decrease in their position.
The disclosure for this sale can be found here. Insiders sold 147,147 shares of company stock worth $17,133,207 over the last ninety days. 4.
23% of the stock is owned by insiders. Analyst Upgrades and DowngradesNVDA has been the subject of several research analyst reports. Tigress Financial reaffirmed a “buy” rating on shares of NVIDIA in a research note on Wednesday, February 26th.
Morgan Stanley set a $162.00 target price on NVIDIA and gave the stock 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 research note on Wednesday, March 19th. Citigroup reduced their price objective on NVIDIA from $163.00 to $150.
00 and set a “buy” rating on the stock in a research note on Friday, April 11th. Finally, Benchmark reiterated a “buy” rating and set a $190.00 target price on shares of NVIDIA in a research report 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 assigned a strong buy rating to the stock. Based on data from MarketBeat.com, the stock presently has a consensus rating of “Moderate Buy” and a consensus target price of $168.
26.Read Our Latest Analysis on NVDANVIDIA Stock PerformanceNVDA opened at $112.20 on Wednesday.
The firm has a market cap of $2.74 trillion, a P/E ratio of 44.16, a price-to-earnings-growth ratio of 1.
76 and a beta of 1.96. The business’s fifty day moving average is $118.
34 and its 200-day moving average is $130.20. NVIDIA Co.
has a 52-week low of $75.61 and a 52-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. NVIDIA (NASDAQ:NVDA – Get Free Report) last posted its earnings results on Wednesday, February 26th. The computer hardware maker reported $0.
89 EPS for the quarter, topping analysts’ consensus estimates of $0.84 by $0.05.
The firm had revenue of $39.33 billion during the quarter, compared to analysts’ expectations of $38.16 billion.
NVIDIA had a net margin of 55.69% and a return on equity of 114.83%.
Sell-side analysts expect that NVIDIA Co. will post 2.77 EPS for the current fiscal year.
NVIDIA Dividend AnnouncementThe business also recently declared a quarterly dividend, which was paid on Wednesday, April 2nd. Stockholders 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 dividend yield of 0.
04%. NVIDIA’s payout ratio is 1.36%.
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 ArticlesFive stocks we like better than NVIDIAHow to Calculate Return on Investment (ROI)Beware of BigBear.
ai: Insiders Are Selling—Should You?What is a penny stock? A comprehensive guideCrowdStrike Stock is a Buy as Cyberthreat Environment ExpandsUpcoming IPO Stock Lockup Period, ExplainedCongress! Who Traded What During the Tariff-Induced Meltdown.
Business
Cascade Financial Partners LLC Raises Stock Holdings in NVIDIA Co. (NASDAQ:NVDA)

Cascade Financial Partners LLC grew its stake in shares of NVIDIA Co. (NASDAQ:NVDA – Free Report) by 1.1% during the fourth quarter, according to the company in its most recent 13F filing with the Securities & Exchange Commission. The institutional investor owned 87,657 shares of the computer hardware maker’s stock after buying an additional 939 [...]