2 weeks Ago By ABMN Staff
Certuity LLC grew its position in NVIDIA Co. ( NASDAQ:NVDA – Free Report ) by 12.1% in the fourth quarter, HoldingsChannel.
com reports. The fund owned 264,441 shares of the computer hardware maker’s stock after buying an additional 28,539 shares during the period. NVIDIA comprises about 3.
9% of Certuity LLC’s portfolio, making the stock its 5th biggest holding. Certuity LLC’s holdings in NVIDIA were worth $35,594,000 as of its most recent filing with the Securities and Exchange Commission (SEC). A number of other hedge funds and other institutional investors also recently modified their holdings of the company.
Geode Capital Management LLC lifted its stake in shares of NVIDIA by 2.2% during 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 during the last quarter.
UBS AM a distinct business unit of UBS ASSET MANAGEMENT AMERICAS LLC lifted its stake in shares of NVIDIA by 3.8% during the 3rd 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 last quarter.
Charles Schwab Investment Management Inc. lifted its stake in shares of NVIDIA by 1.4% during the 3rd quarter.
Charles Schwab Investment Management Inc. now owns 146,069,090 shares of the computer hardware maker’s stock worth $17,738,630,000 after buying an additional 2,042,348 shares during the last quarter. Fisher Asset Management LLC lifted its stake in shares of NVIDIA by 3.
5% during the 3rd quarter. Fisher Asset Management LLC now owns 96,720,707 shares of the computer hardware maker’s stock worth $11,745,763,000 after buying an additional 3,283,380 shares during the last quarter. Finally, Sumitomo Mitsui Trust Group Inc.
lifted its stake in shares of NVIDIA by 0.3% during the 4th quarter. Sumitomo Mitsui Trust Group Inc.
now owns 63,615,639 shares of the computer hardware maker’s stock worth $8,542,944,000 after buying an additional 186,761 shares during the last quarter. Institutional investors own 65.27% of the company’s stock.
Analyst Upgrades and Downgrades NVDA has been the subject of a number of research reports. Needham & Company LLC restated a “buy” rating and set a $160.00 target price on shares of NVIDIA in a research note on Thursday, February 27th.
Robert W. Baird raised their target price on shares of NVIDIA from $150.00 to $190.
00 and gave the stock an “outperform” rating in a research note on Thursday, November 21st. Tigress Financial restated a “buy” rating on shares of NVIDIA in a research note on Wednesday, February 26th. Summit Insights cut shares of NVIDIA from a “buy” rating to a “hold” rating in a research note on Thursday, February 27th.
Finally, DZ Bank upgraded shares of NVIDIA from a “hold” rating to a “strong-buy” rating in a research note on Friday, February 28th. Four equities research analysts have rated the stock with a hold rating, thirty-seven have assigned a buy rating and two have given a strong buy rating to the company’s stock. Based on data from MarketBeat, the company currently has a consensus rating of “Moderate Buy” and an average target price of $171.
51. Insiders Place Their Bets In other NVIDIA news, Director John Dabiri sold 2,663 shares of the business’s stock in a transaction that occurred on Monday, March 10th. The shares were sold at an average price of $110.
00, for a total transaction of $292,930.00. Following the sale, the director now directly owns 17,279 shares of the company’s stock, valued at $1,900,690.
The trade was a 13.35 % decrease in their position. The transaction was disclosed in a legal filing with the SEC, which can be accessed through this link .
Also, EVP Ajay K. Puri sold 36,462 shares of the business’s stock in a transaction that occurred on Monday, January 6th. The stock was sold at an average price of $151.
10, for a total transaction of $5,509,408.20. Following the sale, the executive vice president now directly owns 3,902,888 shares in the company, valued at $589,726,376.
80. The trade was a 0.93 % decrease in their ownership of the stock.
The disclosure for this sale can be found here . Insiders have sold 1,039,125 shares of company stock valued at $137,062,338 in the last ninety days. 4.
23% of the stock is currently owned by insiders. NVIDIA Trading Up 5.3 % Shares of NVIDIA stock opened at $121.
67 on Friday. The firm has a market capitalization of $2.97 trillion, a PE ratio of 47.
88, a price-to-earnings-growth ratio of 1.76 and a beta of 1.77.
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 firm’s 50 day moving average is $129.26 and its 200 day moving average is $131.
17. NVIDIA Co. has a 1 year low of $75.
61 and a 1 year high of $153.13. NVIDIA ( NASDAQ:NVDA – Get Free Report ) last posted its earnings results on Wednesday, February 26th.
The computer hardware maker reported $0.89 earnings per share for the quarter, topping analysts’ consensus estimates of $0.84 by $0.
05. NVIDIA had a net margin of 55.69% and a return on equity of 114.
83%. The firm had revenue of $39.33 billion for the quarter, compared to analyst estimates of $38.
16 billion. Equities research analysts forecast that NVIDIA Co. will post 2.
77 earnings per share for the current fiscal year. NVIDIA Announces Dividend The firm also recently announced a quarterly dividend, which will be paid on Wednesday, April 2nd. Shareholders of record on Wednesday, March 12th will be issued a dividend of $0.
01 per share. This represents a $0.04 dividend on an annualized basis and a yield of 0.
03%. The ex-dividend date of this dividend is Wednesday, March 12th. NVIDIA’s payout ratio is 1.
36%. About NVIDIA ( 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 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. ( NASDAQ:NVDA – Free Report ).
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