2 weeks Ago By ABMN Staff
Portfolio Design Labs LLC boosted its stake in NVIDIA Co. ( NASDAQ:NVDA – Free Report ) by 18.4% during the 4th quarter, HoldingsChannel.
com reports. The fund owned 180,049 shares of the computer hardware maker’s stock after acquiring an additional 27,934 shares during the period. NVIDIA accounts for 5.
0% of Portfolio Design Labs LLC’s portfolio, making the stock its 3rd biggest position. Portfolio Design Labs LLC’s holdings in NVIDIA were worth $24,179,000 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 company.
Legend Financial Advisors Inc. acquired a new stake in shares of NVIDIA during the fourth quarter worth $34,000. Luken Investment Analytics LLC bought a new stake in NVIDIA during the fourth quarter valued at $40,000.
DHJJ Financial Advisors Ltd. boosted its position in NVIDIA by 70.0% during the third quarter.
DHJJ Financial Advisors Ltd. now owns 340 shares of the computer hardware maker’s stock valued at $41,000 after acquiring an additional 140 shares during the last quarter. Lowe Wealth Advisors LLC acquired a new stake in NVIDIA during the 4th quarter worth about $46,000.
Finally, 1620 Investment Advisors Inc. raised its position in shares of NVIDIA by 145.9% in the 3rd quarter.
1620 Investment Advisors Inc. now owns 418 shares of the computer hardware maker’s stock worth $51,000 after acquiring an additional 248 shares in the last quarter. Institutional investors and hedge funds own 65.
27% of the company’s stock. Insider Buying and Selling at NVIDIA In related news, EVP Ajay K. Puri sold 36,462 shares of NVIDIA stock in a transaction that occurred on Monday, January 6th.
The shares were sold at an average price of $151.10, for a total value of $5,509,408.20.
Following the sale, the executive vice president now owns 3,902,888 shares of the company’s stock, valued at approximately $589,726,376.80. The trade was a 0.
93 % decrease in their position. The transaction was disclosed in a document filed with the SEC, which can be accessed through this hyperlink . Also, Director John Dabiri sold 2,663 shares of the 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 transaction, the director now directly owns 17,279 shares of the company’s stock, 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 . Insiders have sold a total of 1,039,125 shares of company stock worth $137,062,338 over the last three months. 4.
23% of the stock is currently owned by insiders. Wall Street Analyst Weigh In Check Out Our Latest Stock Report on NVDA NVIDIA Stock Performance NVDA stock opened at $121.67 on Friday.
The business has a 50 day moving average of $129.26 and a 200-day moving average of $131.17.
The firm has a market cap of $2.97 trillion, a PE ratio of 47.88, a P/E/G ratio of 1.
76 and a beta of 1.77. NVIDIA Co.
has a 12-month low of $75.61 and a 12-month high of $153.13.
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 ( NASDAQ:NVDA – Get Free Report ) last announced its 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 analyst estimates of $38.16 billion.
NVIDIA had a return on equity of 114.83% and a net margin of 55.69%.
As a group, sell-side analysts expect that NVIDIA Co. will post 2.77 earnings per share for the current year.
NVIDIA Announces Dividend The business also recently disclosed a quarterly dividend, which will be paid on Wednesday, April 2nd. Shareholders of record on Wednesday, March 12th will be given a $0.01 dividend.
This represents a $0.04 annualized dividend and a yield of 0.03%.
The ex-dividend date 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. Featured Articles 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 ). Receive News & Ratings for NVIDIA Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for NVIDIA and related companies with MarketBeat.
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