NVIDIA Co. (NASDAQ:NVDA) Position Raised by Nelson Capital Management LLC

Nelson Capital Management LLC boosted its holdings in NVIDIA Co. (NASDAQ:NVDA – Free Report) by 0.0% in the fourth quarter, according to the company in its most recent 13F filing with the SEC.

The fund owned 1,008,041 shares of the computer hardware maker’s stock after buying an additional 160 shares during the quarter. NVIDIA accounts for approximately 22.4% of Nelson Capital Management LLC’s holdings, 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. Other hedge funds and other institutional investors have also bought and sold shares of the company. Legend Financial Advisors Inc.

bought a new stake in shares of NVIDIA in the fourth quarter worth $34,000. Luken Investment Analytics LLC purchased a new stake in shares of NVIDIA during the 4th quarter valued at about $40,000. Lowe Wealth Advisors LLC bought a new position in shares of NVIDIA in the 4th quarter worth approximately $46,000.

1620 Investment Advisors Inc. boosted its holdings in shares of NVIDIA by 145.9% in the third quarter.

1620 Investment Advisors Inc. now owns 418 shares of the computer hardware maker’s stock worth $51,000 after buying an additional 248 shares during the last quarter. Finally, Gleason Group Inc.

boosted its holdings in shares of NVIDIA by 52.9% in the fourth quarter. Gleason Group Inc.

now owns 428 shares of the computer hardware maker’s stock worth $58,000 after buying an additional 148 shares during the last quarter. Institutional investors own 65.27% of the company’s stock.

NVIDIA Stock PerformanceNVDA opened at $110.15 on Wednesday. The company has a market cap of $2.

69 trillion, a price-to-earnings ratio of 43.35, a PEG ratio of 1.76 and a beta of 1.

77. The firm’s fifty day simple moving average is $123.81 and its two-hundred day simple moving average is $131.

47. 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 $195.95.

NVIDIA (NASDAQ:NVDA – Get Free Report) last posted 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. The company had revenue of $39.

33 billion during the quarter, compared to analyst estimates of $38.16 billion. NVIDIA had a return on equity of 114.

83% and a net margin of 55.69%. Equities analysts anticipate that NVIDIA Co.

will post 2.77 earnings per share for the current fiscal year. NVIDIA Announces DividendThe firm 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 dividend of $0.01 per share. This represents a $0.

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

NVIDIA’s payout ratio is 1.36%. Analyst Ratings ChangesA number of research analysts recently issued reports on the company.

Wedbush reiterated an “outperform” rating and set a $175.00 price objective on shares of NVIDIA in a research note on Thursday, February 20th. Rosenblatt Securities reaffirmed a “buy” rating and issued a $220.

00 target price on shares of NVIDIA in a report on Wednesday, March 19th. William Blair reissued an “outperform” rating on shares of NVIDIA in a report on Thursday, March 20th. Tigress Financial reaffirmed a “buy” rating on shares of NVIDIA in a research note on Wednesday, February 26th.

Finally, Benchmark reissued a “buy” rating and issued a $190.00 price target on shares of NVIDIA in a 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 assigned a strong buy rating to the stock.

According to MarketBeat.com, the company presently has an average rating of “Moderate Buy” and a consensus price target of $171.51.

Check Out Our Latest Research Report on NVIDIAInsider ActivityIn other NVIDIA news, insider Donald F. Robertson, Jr. sold 4,500 shares of the business’s stock in a transaction on Friday, March 21st.

The stock was sold at an average price of $116.80, for a total transaction of $525,600.00.

Following the transaction, the insider now owns 479,428 shares of the company’s stock, valued at approximately $55,997,190.40. The trade was a 0.

93 % decrease in their ownership of the stock. The transaction was disclosed in a filing with the SEC, which is accessible through the SEC website. Also, EVP Ajay K.

Puri sold 36,462 shares of the firm’s stock in a transaction on Monday, January 6th. The stock was sold at an average price of $151.10, for a total value of $5,509,408.

20. Following the completion of the sale, the executive vice president now directly owns 3,902,888 shares of the company’s stock, valued at $589,726,376.80.

This trade represents a 0.93 % decrease in their ownership of the stock. The disclosure for this sale can be found here.

Insiders sold 183,609 shares of company stock worth $22,642,615 over the last three months. Insiders own 4.23% of the company’s stock.

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.Read MoreFive stocks we like better than NVIDIAAsset Allocation: The Key to a Successful Portfolio.

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