22 hours Ago By Defense World Staff
Fjell Capital LLC acquired a new stake in NVIDIA Co. ( NASDAQ:NVDA – Free Report ) in the fourth quarter, according to its most recent disclosure with the Securities and Exchange Commission (SEC). The firm acquired 19,540 shares of the computer hardware maker’s stock, valued at approximately $2,624,000.
NVIDIA comprises about 2.7% of Fjell Capital LLC’s holdings, making the stock its 14th largest position. Several other hedge funds and other institutional investors also recently made changes to their positions in NVDA.
Capital Performance Advisors LLP boosted its position in NVIDIA by 59.3% during the fourth quarter. Capital Performance Advisors LLP now owns 26,700 shares of the computer hardware maker’s stock worth $3,586,000 after purchasing an additional 9,944 shares during the period.
Palisade Asset Management LLC lifted its stake in shares of NVIDIA by 0.5% during the 3rd quarter. Palisade Asset Management LLC now owns 15,363 shares of the computer hardware maker’s stock worth $1,866,000 after buying an additional 75 shares during the last quarter.
SMART Wealth LLC boosted its holdings in shares of NVIDIA by 289.5% during the 4th quarter. SMART Wealth LLC now owns 72,311 shares of the computer hardware maker’s stock worth $9,711,000 after buying an additional 53,747 shares during the period.
Blue Square Asset Management LLC grew its stake in NVIDIA by 26.7% in the 3rd quarter. Blue Square Asset Management LLC now owns 48,093 shares of the computer hardware maker’s stock valued at $5,840,000 after buying an additional 10,136 shares during the last quarter.
Finally, Wealthspire Advisors LLC raised its holdings in NVIDIA by 29.6% in the 4th quarter. Wealthspire Advisors LLC now owns 174,896 shares of the computer hardware maker’s stock valued at $23,487,000 after acquiring an additional 39,944 shares during the period.
65.27% of the stock is currently owned by institutional investors. Wall Street Analysts Forecast Growth NVDA has been the subject of a number of research analyst reports.
Stifel Nicolaus set a $180.00 price objective on NVIDIA in a report on Wednesday, March 19th. Cantor Fitzgerald restated an “overweight” rating and issued a $200.
00 price target on shares of NVIDIA in a research note on Wednesday, March 19th. Wedbush reiterated an “outperform” rating and set a $175.00 price objective on shares of NVIDIA in a research report on Thursday, February 20th.
Morgan Stanley set a $162.00 target price on shares of NVIDIA and gave the company an “overweight” rating in a research report on Wednesday, March 19th. Finally, Barclays raised their price target on shares of NVIDIA from $160.
00 to $175.00 and gave the stock an “overweight” rating in a research report on Friday, January 17th. Four investment analysts have rated the stock with a hold rating, thirty-seven have given a buy rating and two have assigned a strong buy rating to the company.
According to MarketBeat, the stock has a consensus rating of “Moderate Buy” and an average target price of $171.51. Insider Activity In related news, Director Aarti S.
Shah sold 20,000 shares of the business’s stock in a transaction on Thursday, March 20th. The shares were sold at an average price of $118.42, for a total value of $2,368,400.
00. Following the transaction, the director now owns 53,208 shares in the company, valued at $6,300,891.36.
The trade was a 27.32 % decrease in their ownership of the stock. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is available at this hyperlink .
Also, Director John Dabiri sold 2,663 shares of the company’s stock in a transaction 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 in the company, valued at $1,900,690. This trade represents a 13.
35 % decrease in their position. The disclosure for this sale can be found here . Over the last quarter, insiders sold 183,609 shares of company stock valued at $22,642,615.
Company insiders own 4.23% of the company’s stock. NVIDIA Stock Performance Shares of NVDA stock opened at $110.
15 on Wednesday. The business’s 50-day moving average price is $123.81 and its 200-day moving average price is $131.
47. The company has a current ratio of 4.10, a quick ratio of 3.
64 and a debt-to-equity ratio of 0.13. NVIDIA Co.
has a 12 month low of $75.61 and a 12 month 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. NVIDIA ( NASDAQ:NVDA – Get Free Report ) last released its quarterly earnings results on Wednesday, February 26th.
The computer hardware maker reported $0.89 earnings per share (EPS) for the quarter, beating the consensus estimate 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 during the quarter, compared to the consensus estimate of $38.
16 billion. Equities research analysts forecast that NVIDIA Co. will post 2.
77 EPS for the current year. NVIDIA Announces Dividend The business also recently declared a quarterly dividend, which will be paid on Wednesday, April 2nd. Shareholders of record on Wednesday, March 12th will be given a $0.
01 dividend. The ex-dividend date is Wednesday, March 12th. This represents a $0.
04 dividend on an annualized basis and a dividend yield of 0.04%. NVIDIA’s dividend payout ratio (DPR) is presently 1.
36%. NVIDIA 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.
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