22 hours Ago By ABMN Staff
Kellett Wealth Advisors LLC grew its holdings in shares of NVIDIA Co. ( NASDAQ:NVDA – Free Report ) by 28.4% in the fourth quarter, Holdings Channel reports.
The institutional investor owned 8,805 shares of the computer hardware maker’s stock after acquiring an additional 1,950 shares during the period. NVIDIA makes up 0.8% of Kellett Wealth Advisors LLC’s investment portfolio, making the stock its 19th largest holding.
Kellett Wealth Advisors LLC’s holdings in NVIDIA were worth $1,182,000 at the end of the most recent reporting period. A number of other institutional investors and hedge funds also recently made changes to their positions in NVDA. AMF Tjanstepension AB boosted its position in shares of NVIDIA by 2.
2% during the third quarter. AMF Tjanstepension AB now owns 8,039,712 shares of the computer hardware maker’s stock valued at $976,348,000 after buying an additional 169,445 shares during the last quarter. Wealth Group Ltd.
grew 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 worth $680,000 after acquiring an additional 265 shares in the last quarter. SOA Wealth Advisors LLC. raised its holdings in shares of 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 purchasing an additional 350 shares during the last quarter.
Swedbank AB boosted its holdings 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 purchasing an additional 1,868,358 shares during the last quarter.
Finally, YHB Investment Advisors Inc. grew its position in NVIDIA by 0.9% in the 3rd quarter.
YHB Investment Advisors Inc. now owns 229,781 shares of the computer hardware maker’s stock worth $27,905,000 after purchasing an additional 1,944 shares in the last quarter. Institutional investors and hedge funds own 65.
27% of the company’s stock. Insider Transactions at NVIDIA In other news, Director John Dabiri sold 2,663 shares of the company’s stock in a transaction dated Monday, March 10th. The shares were sold at an average price of $110.
00, for a total transaction of $292,930.00. Following the completion of the transaction, the director now directly owns 17,279 shares of the company’s stock, valued at approximately $1,900,690.
This represents a 13.35 % decrease in their ownership of the stock. The sale was disclosed in a legal filing with the SEC, which is accessible through this hyperlink .
Also, Director Aarti S. Shah sold 20,000 shares of the business’s stock in a transaction dated 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 approximately $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 183,609 shares of company stock worth $22,642,615. Insiders own 4.
23% of the company’s stock. NVIDIA Trading Up 1.6 % 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 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 business had revenue of $39.33 billion during the quarter, compared to the consensus estimate of $38.
16 billion. As a group, analysts predict that NVIDIA Co. will post 2.
77 earnings per share for the current fiscal year. NVIDIA Dividend Announcement The company also recently announced a quarterly dividend, which will be paid on Wednesday, April 2nd. Stockholders of record on Wednesday, March 12th will be issued a $0.
01 dividend. This represents a $0.04 annualized dividend and a dividend yield of 0.
04%. The ex-dividend date is Wednesday, March 12th. NVIDIA’s dividend payout ratio is 1.
36%. Analyst Upgrades and Downgrades A number of equities analysts have recently weighed in on NVDA shares. Mizuho cut their target price on NVIDIA from $175.
00 to $168.00 and set an “outperform” rating on the stock in a research note on Friday, March 14th. HSBC reduced their price objective on NVIDIA from $195.
00 to $185.00 and set a “buy” rating for the company in a research note on Monday, January 13th. Susquehanna reiterated a “positive” rating and set a $180.
00 target price on shares of NVIDIA in a research note on Wednesday, March 19th. DZ Bank upgraded shares of NVIDIA from a “hold” rating to a “strong-buy” rating in a report on Friday, February 28th. Finally, Cantor Fitzgerald reiterated an “overweight” rating and issued a $200.
00 target price on shares of NVIDIA in a research note on Wednesday, March 19th. Four equities research analysts have rated the stock with a hold rating, thirty-seven have given a buy rating and two have given a strong buy rating to the company. According to MarketBeat, the stock presently has an average rating of “Moderate Buy” and an average price target of $171.
51. Get Our Latest Analysis on NVDA 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.
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