4 days Ago By ABMN Staff
Global View Capital Management LLC bought a new position in NVIDIA Co. ( NASDAQ:NVDA – Free Report ) in the fourth quarter, Holdings Channel.com reports.
The institutional investor bought 8,377 shares of the computer hardware maker’s stock, valued at approximately $1,159,000. Other hedge funds have also modified their holdings of the company. Tacita Capital Inc purchased a new stake in NVIDIA during the fourth quarter valued at approximately $28,000.
Legend Financial Advisors Inc. purchased a new stake in shares of NVIDIA during the 4th quarter valued at $34,000. Vision Financial Markets LLC acquired a new stake in shares of NVIDIA in the 4th quarter worth $38,000.
Luken Investment Analytics LLC purchased a new position in NVIDIA during the 4th quarter worth $40,000. Finally, Lowe Wealth Advisors LLC acquired a new position in NVIDIA during the 4th quarter valued at about $46,000. 65.
27% of the stock is owned by hedge funds and other institutional investors. Insider Buying and Selling In other news, CFO Colette Kress sold 66,660 shares of NVIDIA stock in a transaction 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 owns 3,085,765 shares in the company, valued at $360,509,924.
95. The trade was a 2.11 % decrease in their position.
The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is available at this hyperlink . Also, Director Aarti S. Shah sold 20,000 shares of the company’s stock in a transaction dated Thursday, March 20th.
The shares were sold at an average price of $118.42, for a total transaction of $2,368,400.00.
Following the completion of the sale, the director now directly owns 53,208 shares of the company’s stock, valued at $6,300,891.36. This represents a 27.
32 % decrease in their position. The disclosure for this sale can be found here . Over the last 90 days, insiders have sold 147,147 shares of company stock worth $17,133,207.
4.23% of the stock is owned by corporate insiders. Wall Street Analysts Forecast Growth Get Our Latest Stock Analysis on NVIDIA NVIDIA Stock Up 1.
3 % NASDAQ NVDA opened at $112.20 on Wednesday. NVIDIA Co.
has a one year low of $75.61 and a one year 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 business has a fifty day moving average price of $118.34 and a 200 day moving average price of $130.
20. The company has a market cap of $2.74 trillion, a P/E ratio of 44.
16, a P/E/G ratio of 1.76 and a beta of 1.96.
NVIDIA ( NASDAQ:NVDA – Get Free Report ) last posted its quarterly 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. The firm had revenue of $39.
33 billion for the quarter, compared to analyst estimates of $38.16 billion. NVIDIA had a net margin of 55.
69% and a return on equity of 114.83%. Research analysts anticipate that NVIDIA Co.
will post 2.77 EPS for the current fiscal year. NVIDIA Dividend Announcement The business also recently declared a quarterly dividend, which was paid on Wednesday, April 2nd.
Investors of record on Wednesday, March 12th were issued 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 dividend payout ratio is presently 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. See Also 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 ). Receive News & Ratings for NVIDIA Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for NVIDIA and related companies with MarketBeat.com's FREE daily email newsletter .
.
