2 days Ago By ABMN Staff
Nelson Capital Management LLC raised its stake in NVIDIA Co. ( NASDAQ:NVDA – Free Report ) by 0.0% during the fourth quarter, HoldingsChannel reports.
The institutional investor owned 1,008,041 shares of the computer hardware maker’s stock after purchasing an additional 160 shares during the quarter. NVIDIA comprises about 22.4% of Nelson Capital Management LLC’s investment portfolio, making the stock its biggest position.
Nelson Capital Management LLC’s holdings in NVIDIA were worth $135,370,000 as of its most recent SEC filing. Several other hedge funds also recently bought and sold shares of NVDA. Capital Performance Advisors LLP increased its holdings in NVIDIA by 59.
3% in the 4th quarter. Capital Performance Advisors LLP now owns 26,700 shares of the computer hardware maker’s stock valued at $3,586,000 after purchasing an additional 9,944 shares during the last quarter. Palisade Asset Management LLC grew its stake 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 buying an additional 75 shares in the last quarter. SMART Wealth LLC raised its holdings in shares of NVIDIA by 289.
5% in the 4th quarter. SMART Wealth LLC now owns 72,311 shares of the computer hardware maker’s stock valued at $9,711,000 after buying an additional 53,747 shares during the period. Blue Square Asset Management LLC boosted its holdings in NVIDIA by 26.
7% during 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 acquiring an additional 10,136 shares during the period. Finally, Wealthspire Advisors LLC grew its position 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 in the last quarter. Hedge funds and other institutional investors own 65.
27% of the company’s stock. Insider Buying and Selling at NVIDIA In other NVIDIA news, Director Aarti S. Shah sold 20,000 shares of the firm’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 sale, the director now directly owns 53,208 shares of the company’s stock, valued at $6,300,891.36. This trade represents a 27.
32 % decrease in their position. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is accessible through this link . Also, EVP Ajay K.
Puri sold 36,462 shares of the company’s stock in a transaction that occurred on Monday, January 6th. The shares were sold at an average price of $151.10, for a total transaction of $5,509,408.
20. Following the transaction, the executive vice president now directly owns 3,902,888 shares in the company, valued at $589,726,376.80.
The trade was a 0.93 % decrease in their position. The disclosure for this sale can be found here .
In the last 90 days, insiders have sold 183,609 shares of company stock worth $22,642,615. 4.23% of the stock is owned by insiders.
NVIDIA Stock Performance NVIDIA ( NASDAQ:NVDA – Get Free Report ) last released its quarterly earnings data on Wednesday, February 26th. The computer hardware maker reported $0.89 EPS 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 for the quarter, compared to analyst estimates of $38.16 billion. As a group, equities analysts anticipate that NVIDIA Co.
will post 2.77 EPS for the current fiscal year. NVIDIA Dividend Announcement The business also recently disclosed a quarterly dividend, which will be paid on Wednesday, April 2nd.
Investors of record on Wednesday, March 12th will be given a dividend of $0.01 per share. The ex-dividend date is Wednesday, March 12th.
This represents a $0.04 annualized dividend and a dividend yield of 0.04%.
NVIDIA’s dividend payout ratio is currently 1.36%. Analyst Upgrades and Downgrades Several research analysts have recently commented on NVDA shares.
DA Davidson lowered their price objective on shares of NVIDIA from $135.00 to $125.00 and set a “neutral” rating for the company in a research note on Thursday, March 20th.
William Blair restated an “outperform” rating on shares of NVIDIA in a research note on Thursday, March 20th. Rosenblatt Securities reiterated a “buy” rating and issued a $220.00 price objective on shares of NVIDIA in a research note on Wednesday, March 19th.
Tigress Financial reissued a “buy” rating on shares of NVIDIA in a research note on Wednesday, February 26th. Finally, HSBC decreased 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. Four 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 has an average rating of “Moderate Buy” and a consensus target price of $171.
51. View Our Latest Report 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.
Read More 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 ).
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