4 days Ago By Defense World Staff
AGF Management Ltd. lifted its stake in shares of NVIDIA Co. (NASDAQ:NVDA – Free Report) by 6.
6% during the fourth quarter, according to the company in its most recent filing with the Securities & Exchange Commission. The institutional investor owned 6,770,884 shares of the computer hardware maker’s stock after purchasing an additional 421,147 shares during the period. NVIDIA accounts for 4.
6% of AGF Management Ltd.’s holdings, making the stock its biggest position. AGF Management Ltd.
’s holdings in NVIDIA were worth $909,262,000 as of its most recent filing with the Securities & Exchange Commission. Other large investors also recently made changes to their positions in the company. Tacita Capital Inc bought a new position in shares of NVIDIA during the 4th quarter worth approximately $28,000.
Legend Financial Advisors Inc. bought a new position in shares of NVIDIA in the fourth quarter valued at about $34,000. Vision Financial Markets LLC acquired a new stake in shares of NVIDIA during the 4th quarter worth about $38,000.
Luken Investment Analytics LLC bought a new stake in shares of NVIDIA during the 4th quarter worth about $40,000. Finally, Lowe Wealth Advisors LLC acquired a new position in NVIDIA in the 4th quarter valued at about $46,000. Institutional investors and hedge funds own 65.
27% of the company’s stock. Insiders Place Their BetsIn other news, Director John Dabiri sold 2,663 shares of the firm’s stock in a transaction dated Monday, March 10th. The stock was 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 in the company, valued at $1,900,690.
This trade represents a 13.35 % decrease in their ownership of the stock. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which is available through the SEC website.
Also, Director Robert K. Burgess sold 53,324 shares of the company’s stock in a transaction that occurred on Thursday, March 13th. The shares were sold at an average price of $115.
49, for a total value of $6,158,388.76. Following the completion of the sale, the director now owns 251,044 shares in the company, valued at $28,993,071.
56. The trade was a 17.52 % decrease in their ownership of the stock.
The disclosure for this sale can be found here. In the last three months, insiders have sold 147,147 shares of company stock valued at $17,133,207. 4.
23% of the stock is currently owned by company insiders. NVIDIA Stock PerformanceNVIDIA stock opened at $112.20 on Wednesday.
The business has a 50 day moving average of $118.34 and a 200-day moving average of $130.20.
The company has a market capitalization of $2.74 trillion, a P/E ratio of 44.16, a P/E/G ratio of 1.
76 and a beta of 1.96. NVIDIA Co.
has a 1 year low of $75.61 and a 1 year high of $195.95.
The company has a debt-to-equity ratio of 0.13, a current ratio of 4.10 and a quick ratio of 3.
64. 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 during 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 predict that NVIDIA Co. will post 2.77 earnings per share for the current year.
NVIDIA Announces DividendThe business also recently announced a quarterly dividend, which was paid on Wednesday, April 2nd. Shareholders of record on Wednesday, March 12th were issued a dividend of $0.01 per share.
This represents a $0.04 annualized dividend and a yield of 0.04%.
The ex-dividend date was Wednesday, March 12th. NVIDIA’s payout ratio is presently 1.36%.
Analyst Ratings ChangesA number of equities research analysts have recently issued reports on NVDA shares. Rosenblatt Securities restated a “buy” rating and set a $220.00 price objective on shares of NVIDIA in a report on Wednesday, March 19th.
TD Cowen reduced their price target on NVIDIA from $175.00 to $140.00 and set a “buy” rating for the company in a research note on Wednesday, April 9th.
Needham & Company LLC reaffirmed a “buy” rating and issued a $160.00 price objective on shares of NVIDIA in a report on Wednesday, March 19th. KeyCorp set a $190.
00 target price on NVIDIA in a report on Wednesday, March 19th. Finally, Citigroup decreased their price target on shares of NVIDIA from $163.00 to $150.
00 and set a “buy” rating on the stock in a research note on Friday, April 11th. Six research analysts have rated the stock with a hold rating, thirty-six have assigned a buy rating and two have assigned a strong buy rating to the stock. According to data from MarketBeat.
com, the stock currently has an average rating of “Moderate Buy” and a consensus target price of $168.26.Get Our Latest Report on NVDANVIDIA 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 StoriesFive stocks we like better than NVIDIA2 Rising CRM Platform Stocks That Can Surge Higher in 2025 Beware of BigBear.ai: Insiders Are Selling—Should You?3 Stocks to Consider Buying in OctoberCrowdStrike Stock is a Buy as Cyberthreat Environment ExpandsAbout the Markup CalculatorCongress! Who Traded What During the Tariff-Induced Meltdown.
