NVIDIA Co. (NASDAQ:NVDA) Shares Sold by Cavalier Investments LLC

Cavalier Investments LLC cut its holdings in shares of NVIDIA Co. (NASDAQ:NVDA – Free Report) by 94.5% in the 4th quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission.

The firm owned 3,581 shares of the computer hardware maker’s stock after selling 62,034 shares during the period. Cavalier Investments LLC’s holdings in NVIDIA were worth $481,000 at the end of the most recent reporting period. A number of other institutional investors and hedge funds have also added to or reduced their stakes in the business.



AMF Tjanstepension AB raised its stake in shares of NVIDIA by 2.2% during the third quarter. AMF Tjanstepension AB now owns 8,039,712 shares of the computer hardware maker’s stock valued at $976,348,000 after purchasing an additional 169,445 shares in the last quarter.

Wealth Group Ltd. increased its stake in NVIDIA by 5.0% during the 3rd 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.

raised its position in shares of NVIDIA by 0.3% during the 3rd quarter. SOA Wealth Advisors LLC.

now owns 120,634 shares of the computer hardware maker’s stock worth $14,650,000 after buying an additional 350 shares in the last quarter. Swedbank AB raised its position in shares of 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 buying an additional 1,868,358 shares in the last quarter. Finally, YHB Investment Advisors Inc. lifted its stake in shares of NVIDIA by 0.

9% in the 3rd quarter. YHB Investment Advisors Inc. now owns 229,781 shares of the computer hardware maker’s stock worth $27,905,000 after acquiring an additional 1,944 shares during the period.

65.27% of the stock is owned by institutional investors. NVIDIA Stock PerformanceNASDAQ:NVDA opened at $110.

15 on Wednesday. The firm has a market capitalization of $2.69 trillion, a PE ratio of 43.

35, a PEG ratio of 1.76 and a beta of 1.77.

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 Co. has a 1 year low of $75.

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

81 and its 200 day simple moving average is $131.47. 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 analysts’ consensus estimates of $0.84 by $0.

05. NVIDIA had a return on equity of 114.83% and a net margin of 55.

69%. The business had revenue of $39.33 billion for the quarter, compared to analyst estimates of $38.

16 billion. On average, sell-side analysts anticipate that NVIDIA Co. will post 2.

77 EPS for the current year. NVIDIA Announces DividendThe firm also recently declared 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. The ex-dividend date is Wednesday, March 12th. This represents a $0.

04 dividend on an annualized basis and a dividend yield of 0.04%. NVIDIA’s dividend payout ratio (DPR) is presently 1.

36%. Wall Street Analyst Weigh InA number of equities research analysts have weighed in on NVDA shares. Tigress Financial restated a “buy” rating on shares of NVIDIA in a research report on Wednesday, February 26th.

Barclays boosted their price objective on NVIDIA from $160.00 to $175.00 and gave the stock an “overweight” rating in a research note on Friday, January 17th.

Susquehanna reaffirmed a “positive” rating and set a $180.00 target price on shares of NVIDIA in a research note on Wednesday, March 19th. William Blair reaffirmed an “outperform” rating on shares of NVIDIA in a report on Thursday, March 20th.

Finally, HSBC cut their price target on shares of NVIDIA from $195.00 to $185.00 and set a “buy” rating for the company in a report on Monday, January 13th.

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

51.Get Our Latest Research Report on NVIDIAInsider ActivityIn other news, CFO Colette Kress sold 66,660 shares of the company’s stock in a transaction dated Friday, March 21st. The shares were sold at an average price of $116.

83, for a total transaction of $7,787,887.80. Following the completion of the transaction, the chief financial officer now owns 3,085,765 shares of the company’s stock, valued at approximately $360,509,924.

95. This represents a 2.11 % decrease in their ownership of the stock.

The sale was disclosed in a filing with the Securities & Exchange Commission, which is accessible through the SEC website. Also, Director John Dabiri sold 2,663 shares of NVIDIA stock in a transaction dated Monday, March 10th. The stock was sold at an average price of $110.

00, for a total value of $292,930.00. Following the sale, the director now directly owns 17,279 shares in the company, valued at approximately $1,900,690.

This trade represents a 13.35 % decrease in their ownership of the stock. The disclosure for this sale can be found here.

Over the last three months, insiders sold 183,609 shares of company stock valued at $22,642,615. 4.23% of the stock is owned by company insiders.

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.Further ReadingFive stocks we like better than NVIDIAWhat is the S&P/TSX Index?D-Wave: Multiple Use Cases Emerge Following Quantum SupremacyWhat Does a Stock Split Mean? Amazon Falls Back to a Key Support Line: Here’s How to Play ItAre Penny Stocks a Good Fit for Your Portfolio?Buffett Trims Equities, But Still Keeps Buying This Stock 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)..