4 days Ago By ABMN Staff
Guild Investment Management Inc. cut its stake in NVIDIA Co. ( NASDAQ:NVDA – Free Report ) by 9.
0% in the fourth quarter, HoldingsChannel reports. The institutional investor owned 61,465 shares of the computer hardware maker’s stock after selling 6,070 shares during the quarter. NVIDIA makes up about 9.
0% of Guild Investment Management Inc.’s holdings, making the stock its biggest holding. Guild Investment Management Inc.
’s holdings in NVIDIA were worth $8,254,000 as of its most recent filing with the Securities and Exchange Commission. Other hedge funds and other institutional investors have also modified their holdings of the company. Wealth Group Ltd.
boosted its stake in shares of NVIDIA by 5.0% in the 3rd quarter. Wealth Group Ltd.
now owns 5,602 shares of the computer hardware maker’s stock valued at $680,000 after purchasing an additional 265 shares in the last quarter. SOA Wealth Advisors LLC. boosted its position in NVIDIA by 0.
3% in the third quarter. SOA Wealth Advisors LLC. now owns 120,634 shares of the computer hardware maker’s stock valued at $14,650,000 after buying an additional 350 shares in the last quarter.
Swedbank AB grew its stake in NVIDIA by 4.8% during the third quarter. Swedbank AB now owns 40,888,722 shares of the computer hardware maker’s stock worth $4,965,526,000 after buying an additional 1,868,358 shares during the last quarter.
Prossimo Advisors LLC increased its holdings in shares of NVIDIA by 14.6% during the third quarter. Prossimo Advisors LLC now owns 38,596 shares of the computer hardware maker’s stock worth $4,687,000 after buying an additional 4,916 shares in the last quarter.
Finally, Indie Asset Partners LLC raised its stake in shares of NVIDIA by 44.1% in the third quarter. Indie Asset Partners LLC now owns 17,332 shares of the computer hardware maker’s stock valued at $2,105,000 after acquiring an additional 5,306 shares during the last quarter.
Institutional investors own 65.27% of the company’s stock. NVIDIA Stock Up 1.
3 % NVIDIA stock opened at $112.20 on Wednesday. NVIDIA Co.
has a twelve month low of $75.61 and a twelve month high of $195.95.
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 50 day moving average of $118.34 and a 200-day moving average of $130.
20. The stock has a market capitalization of $2.74 trillion, a PE ratio of 44.
16, a price-to-earnings-growth ratio of 1.76 and a beta of 1.96.
NVIDIA Announces Dividend The firm also recently announced a quarterly dividend, which was paid on Wednesday, April 2nd. Investors of record on Wednesday, March 12th were issued a dividend of $0.01 per share.
This represents a $0.04 annualized dividend and a yield of 0.04%.
The ex-dividend date was Wednesday, March 12th. NVIDIA’s payout ratio is 1.36%.
Insider Buying and Selling at NVIDIA In related news, Director John Dabiri sold 2,663 shares of the firm’s stock in a transaction dated Monday, March 10th. The shares were sold at an average price of $110.00, for a total value of $292,930.
00. Following the completion of the sale, the director now directly owns 17,279 shares in the company, valued at approximately $1,900,690. This trade represents a 13.
35 % decrease in their position. The sale was disclosed in a document filed with the SEC, which is accessible through the SEC website . Also, Director Aarti S.
Shah sold 20,000 shares of the company’s stock in a transaction that occurred 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 completion of the sale, the director now owns 53,208 shares in the company, valued at $6,300,891.36.
This represents a 27.32 % decrease in their position. The disclosure for this sale can be found here .
In the last three months, insiders have sold 147,147 shares of company stock worth $17,133,207. Insiders own 4.23% of the company’s stock.
Wall Street Analyst Weigh In A number of research firms recently weighed in on NVDA. Needham & Company LLC reaffirmed a “buy” rating and set a $160.00 price target on shares of NVIDIA in a report on Wednesday, March 19th.
Rosenblatt Securities restated a “buy” rating and issued a $220.00 target price on shares of NVIDIA in a research note on Wednesday, March 19th. Morgan Stanley set a $162.
00 price target on NVIDIA and gave the company an “overweight” rating in a report on Wednesday, March 19th. Citigroup reduced their target price on shares of NVIDIA from $163.00 to $150.
00 and set a “buy” rating on the stock in a research report on Friday, April 11th. Finally, Stifel Nicolaus set a $180.00 price target on shares of NVIDIA in a 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 issued a strong buy rating to the company. According to data from MarketBeat, the company has an average rating of “Moderate Buy” and a consensus price target of $168.26.
Get Our Latest Report on NVDA 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. Further Reading 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.
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