NVIDIA Co. (NASDAQ:NVDA) Position Increased by Lake Street Advisors Group LLC

Lake Street Advisors Group LLC lifted its position in NVIDIA Co. ( NASDAQ:NVDA – Free Report ) by 4.8% during the 4th quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission (SEC).

The institutional investor owned 336,173 shares of the computer hardware maker’s stock after acquiring an additional 15,548 shares during the period. NVIDIA comprises approximately 2.1% of Lake Street Advisors Group LLC’s holdings, making the stock its 11th largest position.



Lake Street Advisors Group LLC’s holdings in NVIDIA were worth $45,145,000 at the end of the most recent reporting period. A number of other large investors have also made changes to their positions in NVDA. AMF Tjanstepension AB boosted its position in shares of NVIDIA by 2.

2% in the third quarter. AMF Tjanstepension AB now owns 8,039,712 shares of the computer hardware maker’s stock worth $976,348,000 after buying an additional 169,445 shares during the period. Wealth Group Ltd.

raised its position in NVIDIA by 5.0% during the third quarter. Wealth Group Ltd.

now owns 5,602 shares of the computer hardware maker’s stock valued at $680,000 after buying an additional 265 shares during the period. SOA Wealth Advisors LLC. lifted its stake in NVIDIA by 0.

3% in the 3rd quarter. SOA Wealth Advisors LLC. now owns 120,634 shares of the computer hardware maker’s stock worth $14,650,000 after acquiring an additional 350 shares in the last quarter.

Swedbank AB boosted its position in NVIDIA by 4.8% during the 3rd quarter. Swedbank AB now owns 40,888,722 shares of the computer hardware maker’s stock worth $4,965,526,000 after acquiring an additional 1,868,358 shares during the period.

Finally, YHB Investment Advisors Inc. grew its stake in NVIDIA by 0.9% during the 3rd quarter.

YHB Investment Advisors Inc. now owns 229,781 shares of the computer hardware maker’s stock valued at $27,905,000 after acquiring an additional 1,944 shares in the last quarter. Institutional investors and hedge funds own 65.

27% of the company’s stock. Wall Street Analysts Forecast Growth NVDA has been the subject of a number of research analyst reports. Summit Insights lowered shares of NVIDIA from a “buy” rating to a “hold” rating in a research report on Thursday, February 27th.

Susquehanna reiterated a “positive” rating and issued a $180.00 target price on shares of NVIDIA in a research report on Wednesday, March 19th. DA Davidson decreased their target price 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. Bank of America reaffirmed a “buy” rating and issued a $200.

00 price target on shares of NVIDIA in a research note on Wednesday, March 19th. Finally, Morgan Stanley set a $162.00 price objective on NVIDIA and gave the company an “overweight” rating in a research report on Wednesday, March 19th.

Four analysts have rated the stock with a hold rating, thirty-seven have assigned a buy rating and two have issued a strong buy rating to the company’s stock. According to data from MarketBeat.com, the company presently has a consensus rating of “Moderate Buy” and an average price target of $171.

51. Insiders Place Their Bets In other NVIDIA news, Director Aarti S. Shah sold 20,000 shares of NVIDIA stock in a transaction on Thursday, March 20th.

The stock was sold at an average price of $118.42, for a total transaction of $2,368,400.00.

Following the completion of the transaction, the director now directly owns 53,208 shares of the company’s stock, valued at approximately $6,300,891.36. This trade represents a 27.

32 % decrease in their ownership of the stock. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which can be accessed through this link . Also, EVP Ajay K.

Puri sold 36,462 shares of the business’s stock in a transaction 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 completion of the sale, the executive vice president now owns 3,902,888 shares in the company, valued at $589,726,376.80.

This represents a 0.93 % decrease in their position. The disclosure for this sale can be found here .

Insiders sold a total of 183,609 shares of company stock worth $22,642,615 over the last quarter. Company insiders own 4.23% of the company’s stock.

NVIDIA Stock Performance NVDA opened at $110.15 on Wednesday. The stock has a market cap of $2.

69 trillion, a PE ratio of 43.35, a P/E/G ratio of 1.76 and a beta of 1.

77. NVIDIA Co. has a 1 year low of $75.

61 and a 1 year high of $195.95. The stock’s 50 day simple moving average is $123.

81 and its 200-day simple moving average is $131.47. The company has a current ratio of 4.

10, a quick ratio of 3.64 and a debt-to-equity ratio of 0.13.

NVIDIA ( NASDAQ:NVDA – Get Free Report ) last announced its quarterly earnings results on Wednesday, February 26th. The computer hardware maker reported $0.89 earnings per share (EPS) for the quarter, beating the consensus estimate 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%. Sell-side analysts forecast that NVIDIA Co.

will post 2.77 EPS for the current year. NVIDIA Announces Dividend The firm also recently declared a quarterly dividend, which will be paid on Wednesday, April 2nd.

Shareholders of record on Wednesday, March 12th will be paid a dividend of $0.01 per share. This represents a $0.

04 dividend on an annualized basis and a yield of 0.04%. The ex-dividend date of this dividend is Wednesday, March 12th.

NVIDIA’s dividend payout ratio is 1.36%. NVIDIA 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.

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