Cutter & CO Brokerage Inc. Sells 159 Shares of NVIDIA Co. (NASDAQ:NVDA)

Cutter & CO Brokerage Inc. reduced its position in shares of NVIDIA Co. ( NASDAQ:NVDA – Free Report ) by 0.

6% in the fourth quarter, according to the company in its most recent filing with the Securities & Exchange Commission. The firm owned 28,409 shares of the computer hardware maker’s stock after selling 159 shares during the quarter. NVIDIA accounts for approximately 0.



9% of Cutter & CO Brokerage Inc.’s holdings, making the stock its 25th biggest position. Cutter & CO Brokerage Inc.

’s holdings in NVIDIA were worth $3,815,000 at the end of the most recent quarter. Other hedge funds and other institutional investors have also recently made changes to their positions in the company. Geode Capital Management LLC raised its position in NVIDIA by 2.

2% in the third quarter. Geode Capital Management LLC now owns 546,079,492 shares of the computer hardware maker’s stock worth $66,101,133,000 after acquiring an additional 11,525,969 shares during the period. UBS AM a distinct business unit of UBS ASSET MANAGEMENT AMERICAS LLC grew its position 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 valued at $21,908,236,000 after acquiring an additional 6,526,200 shares during the period. Charles Schwab Investment Management Inc.

increased its stake in shares of NVIDIA by 1.4% in 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 purchasing an additional 2,042,348 shares in the last quarter. Fisher Asset Management LLC raised its holdings in NVIDIA by 3.5% in 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 purchasing an additional 3,283,380 shares during the period. Finally, Sumitomo Mitsui Trust Group Inc. lifted its position in NVIDIA by 0.

3% during the fourth quarter. Sumitomo Mitsui Trust Group Inc. now owns 63,615,639 shares of the computer hardware maker’s stock valued at $8,542,944,000 after purchasing an additional 186,761 shares in the last quarter.

Hedge funds and other institutional investors own 65.27% of the company’s stock. Wall Street Analyst Weigh In A number of analysts have commented on NVDA shares.

DA Davidson reduced their price target on NVIDIA from $135.00 to $125.00 and set a “neutral” rating for the company in a research report on Thursday, March 20th.

Needham & Company LLC reissued a “buy” rating and issued a $160.00 target price on shares of NVIDIA in a report on Wednesday, March 19th. Bank of America restated a “buy” rating and set a $200.

00 target price on shares of NVIDIA in a research note on Wednesday, March 19th. HSBC dropped their price target on shares of NVIDIA from $195.00 to $185.

00 and set a “buy” rating for the company in a research report on Monday, January 13th. Finally, KeyCorp set a $190.00 price objective on shares of NVIDIA in a research report on Wednesday, March 19th.

Four analysts have rated the stock with a hold rating, thirty-seven have given a buy rating and two have issued a strong buy rating to the company. According to MarketBeat, the company presently has an average rating of “Moderate Buy” and a consensus target price of $171.51.

NVIDIA Stock Up 1.6 % NASDAQ NVDA opened at $110.15 on Wednesday.

NVIDIA Co. has a 52 week low of $75.61 and a 52 week high of $195.

95. The firm has a market capitalization of $2.69 trillion, a price-to-earnings ratio of 43.

35, a PEG ratio of 1.76 and a beta of 1.77.

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 fifty day moving average of $123.81 and a two-hundred day moving average of $131.

47. NVIDIA ( NASDAQ:NVDA – Get Free Report ) last issued its quarterly earnings results on Wednesday, February 26th. The computer hardware maker reported $0.

89 EPS for the quarter, beating the consensus estimate of $0.84 by $0.05.

The company had revenue of $39.33 billion for the quarter, compared to the consensus estimate of $38.16 billion.

NVIDIA had a net margin of 55.69% and a return on equity of 114.83%.

On average, analysts predict that NVIDIA Co. will post 2.77 earnings per share for the current year.

NVIDIA Announces Dividend The firm also recently declared a quarterly dividend, which will be paid on Wednesday, April 2nd. Investors of record on Wednesday, March 12th will be paid a dividend of $0.01 per share.

This represents a $0.04 dividend on an annualized basis and a dividend yield of 0.04%.

The ex-dividend date of this dividend is Wednesday, March 12th. NVIDIA’s dividend payout ratio is currently 1.36%.

Insider Activity at NVIDIA In other NVIDIA news, insider Donald F. Robertson, Jr. sold 4,500 shares of the business’s stock in a transaction dated Friday, March 21st.

The shares were sold at an average price of $116.80, for a total value of $525,600.00.

Following the completion of the sale, the insider now directly owns 479,428 shares of the company’s stock, valued at $55,997,190.40. The trade was a 0.

93 % decrease in their position. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is available at this hyperlink . Also, CFO Colette Kress sold 66,660 shares of the firm’s stock in a transaction that occurred on Friday, March 21st.

The stock was sold at an average price of $116.83, for a total transaction of $7,787,887.80.

Following the transaction, the chief financial officer now directly owns 3,085,765 shares in the company, valued at approximately $360,509,924.95. This trade represents a 2.

11 % decrease in their ownership of the stock. The disclosure for this sale can be found here . Insiders sold a total of 183,609 shares of company stock worth $22,642,615 in the last quarter.

4.23% of the stock is owned by company insiders. 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. See Also Five stocks we like better than NVIDIA Technology Stocks Explained: Here’s What to Know About Tech D-Wave: Multiple Use Cases Emerge Following Quantum Supremacy Stock Sentiment Analysis: How it Works Amazon Falls Back to a Key Support Line: Here’s How to Play It 3 Grocery Stocks That Can Help Take a Bite Out of Inflation Buffett Trims Equities, But Still Keeps Buying This Stock 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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