4 days Ago By Defense World Staff
O Dell Group LLC cut its stake in shares of NVIDIA Co. (NASDAQ:NVDA – Free Report) by 47.1% in the 4th quarter, according to the company in its most recent 13F filing with the Securities & Exchange Commission.
The institutional investor owned 5,432 shares of the computer hardware maker’s stock after selling 4,833 shares during the quarter. O Dell Group LLC’s holdings in NVIDIA were worth $729,000 at the end of the most recent reporting period. A number of other hedge funds have also modified their holdings of NVDA.
Clear Street Derivatives LLC purchased a new stake in shares of NVIDIA in the 3rd quarter valued at approximately $4,589,905,000. Proficio Capital Partners LLC raised its stake in NVIDIA by 14,641.2% during the 4th quarter.
Proficio Capital Partners LLC now owns 34,676,316 shares of the computer hardware maker’s stock valued at $4,656,682,000 after purchasing an additional 34,441,082 shares during the period. Amundi lifted its holdings in shares of NVIDIA by 12.9% in the fourth quarter.
Amundi now owns 117,036,612 shares of the computer hardware maker’s stock valued at $16,394,224,000 after purchasing an additional 13,406,054 shares in the last quarter. Geode Capital Management LLC boosted its position in shares of NVIDIA by 2.2% in the third quarter.
Geode Capital Management LLC now owns 546,079,492 shares of the computer hardware maker’s stock worth $66,101,133,000 after buying an additional 11,525,969 shares during the period. Finally, UBS AM a distinct business unit of UBS ASSET MANAGEMENT AMERICAS LLC grew its holdings in shares of NVIDIA by 3.8% during the third quarter.
UBS AM a distinct business unit of UBS ASSET MANAGEMENT AMERICAS LLC now owns 180,403,789 shares of the computer hardware maker’s stock valued at $21,908,236,000 after buying an additional 6,526,200 shares in the last quarter. 65.27% of the stock is currently owned by institutional investors and hedge funds.
NVIDIA Price PerformanceShares of NVDA stock opened at $112.20 on Wednesday. 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. 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 12 month low of $75.61 and a 12 month high of $195.95.
The stock has a 50 day moving average of $118.34 and a two-hundred day moving average of $130.20.
NVIDIA (NASDAQ:NVDA – Get Free Report) last posted its quarterly earnings results on Wednesday, February 26th. The computer hardware maker reported $0.89 earnings per share for the quarter, topping analysts’ consensus estimates of $0.
84 by $0.05. NVIDIA had a net margin of 55.
69% and a return on equity of 114.83%. The firm had revenue of $39.
33 billion for the quarter, compared to the consensus estimate of $38.16 billion. As a group, equities analysts expect that NVIDIA Co.
will post 2.77 EPS for the current year. NVIDIA Announces DividendThe firm also recently declared a quarterly dividend, which was paid on Wednesday, April 2nd.
Investors of record on Wednesday, March 12th were given a $0.01 dividend. This represents a $0.
04 annualized dividend and a yield of 0.04%. The ex-dividend date of this dividend was Wednesday, March 12th.
NVIDIA’s dividend payout ratio (DPR) is presently 1.36%. Wall Street Analyst Weigh InA number of equities research analysts have commented on the company.
HSBC lowered NVIDIA from a “buy” rating to a “hold” rating and set a $120.00 price objective for the company. in a research report on Thursday, April 3rd.
Bank of America restated a “buy” rating and set a $200.00 price target on shares of NVIDIA in a report on Wednesday, March 19th. Morgan Stanley set a $162.
00 price objective on shares of NVIDIA and gave the company an “overweight” rating in a research note on Wednesday, March 19th. Truist Financial lifted their target price on shares of NVIDIA from $204.00 to $205.
00 and gave the company a “buy” rating in a research note on Thursday, February 27th. Finally, TD Cowen cut their price objective on NVIDIA from $175.00 to $140.
00 and set a “buy” rating for the company in a report on Wednesday, April 9th. Six equities research analysts have rated the stock with a hold rating, thirty-six have assigned a buy rating and two have issued a strong buy rating to the company’s stock. Based on data from MarketBeat, the stock presently has a consensus rating of “Moderate Buy” and a consensus target price of $168.
26.Read Our Latest Stock Analysis on NVDAInsiders Place Their BetsIn other news, Director John Dabiri sold 2,663 shares of the business’s stock in a transaction on Monday, March 10th. The shares were sold at an average price of $110.
00, for a total value of $292,930.00. Following the sale, the director now owns 17,279 shares in the company, valued at approximately $1,900,690.
The trade was a 13.35 % decrease in their position. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is accessible through this link.
Also, Director Aarti S. Shah sold 20,000 shares of the stock in a transaction dated 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 sale, the director now 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 disclosure for this sale can be found here. Insiders sold a total of 147,147 shares of company stock worth $17,133,207 over the last quarter. Company insiders own 4.
23% of the company’s stock. NVIDIA 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.
See AlsoFive stocks we like better than NVIDIAUnveiling The Power Of VWAP: A Key Indicator For TradersBeware of BigBear.ai: Insiders Are Selling—Should You?Best Stocks Under $5.00CrowdStrike Stock is a Buy as Cyberthreat Environment ExpandsWhat is the S&P/TSX Index?Congress! Who Traded What During the Tariff-Induced Meltdown 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)..
