2 weeks Ago By ABMN Staff
MeadowBrook Investment Advisors LLC lowered its position in NVIDIA Co. ( NASDAQ:NVDA – Free Report ) by 0.3% in the 4th quarter, HoldingsChannel.
com reports. The firm owned 31,060 shares of the computer hardware maker’s stock after selling 90 shares during the period. NVIDIA comprises about 3.
7% of MeadowBrook Investment Advisors LLC’s portfolio, making the stock its 6th largest holding. MeadowBrook Investment Advisors LLC’s holdings in NVIDIA were worth $4,171,000 as of its most recent filing with the Securities and Exchange Commission (SEC). Several other institutional investors and hedge funds also recently made changes to their positions in NVDA.
Hoertkorn Richard Charles boosted its position in shares of NVIDIA by 2.0% in the third quarter. Hoertkorn Richard Charles now owns 3,490 shares of the computer hardware maker’s stock valued at $424,000 after acquiring an additional 70 shares during the period.
DiNuzzo Private Wealth Inc. boosted its position in shares of NVIDIA by 0.8% in the fourth quarter.
DiNuzzo Private Wealth Inc. now owns 8,612 shares of the computer hardware maker’s stock valued at $1,157,000 after acquiring an additional 71 shares during the period. Smart Portfolios LLC boosted its position in shares of NVIDIA by 2.
7% in the third quarter. Smart Portfolios LLC now owns 2,805 shares of the computer hardware maker’s stock valued at $341,000 after acquiring an additional 75 shares during the period. Palisade Asset Management LLC boosted its position in shares of NVIDIA by 0.
5% in the third quarter. Palisade Asset Management LLC now owns 15,363 shares of the computer hardware maker’s stock valued at $1,866,000 after acquiring an additional 75 shares during the period. Finally, Baker Boyer National Bank boosted its position in shares of NVIDIA by 3.
3% in the fourth quarter. Baker Boyer National Bank now owns 2,403 shares of the computer hardware maker’s stock valued at $323,000 after acquiring an additional 76 shares during the period. Hedge funds and other institutional investors own 65.
27% of the company’s stock. Insider Activity at NVIDIA In related news, Director Tench Coxe sold 1,000,000 shares of NVIDIA stock in a transaction on Monday, December 16th. The shares were sold at an average price of $131.
26, for a total value of $131,260,000.00. Following the sale, the director now owns 28,671,360 shares in the company, valued at $3,763,402,713.
60. The trade was a 3.37 % decrease in their ownership of the stock.
The transaction was disclosed in a legal filing with the SEC, which is available at this link . Also, Director John Dabiri sold 2,663 shares of NVIDIA 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 completion of the sale, the director now owns 17,279 shares in the company, valued at approximately $1,900,690.
This trade represents a 13.35 % decrease in their position. The disclosure for this sale can be found here .
Insiders have sold a total of 1,039,125 shares of company stock worth $137,062,338 over the last quarter. Corporate insiders own 4.23% of the company’s stock.
Wall Street Analyst Weigh In Get Our Latest Stock Analysis on NVDA NVIDIA Stock Up 5.3 % Shares of NASDAQ NVDA opened at $121.67 on Friday.
The company has a quick ratio of 3.64, a current ratio of 4.10 and a debt-to-equity ratio of 0.
13. NVIDIA Co. has a 52 week low of $75.
61 and a 52 week high of $153.13. The firm’s fifty day moving average is $129.
26 and its 200 day moving average is $131.17. The company has a market cap of $2.
97 trillion, a price-to-earnings ratio of 47.88, 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 for the quarter, beating the consensus estimate of $0.84 by $0.05.
The business had revenue of $39.33 billion for the quarter, compared to analysts’ expectations of $38.16 billion.
NVIDIA had a net margin of 55.69% and a return on equity of 114.83%.
On average, equities research analysts expect that NVIDIA Co. will post 2.77 earnings per share for the current year.
NVIDIA Announces Dividend The business also recently declared a quarterly dividend, which will be paid on Wednesday, April 2nd. Investors of record on Wednesday, March 12th will be issued a $0.01 dividend.
This represents a $0.04 annualized dividend and a yield of 0.03%.
The ex-dividend date of this dividend is Wednesday, March 12th. NVIDIA’s dividend payout ratio (DPR) is currently 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. Recommended Stories 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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