2 weeks Ago By ABMN Staff
Schear Investment Advisers LLC boosted its position in shares of NVIDIA Co. ( NASDAQ:NVDA – Free Report ) by 3.3% in the 4th quarter, HoldingsChannel reports.
The firm owned 112,872 shares of the computer hardware maker’s stock after buying an additional 3,630 shares during the period. NVIDIA accounts for about 8.1% of Schear Investment Advisers LLC’s investment portfolio, making the stock its largest holding.
Schear Investment Advisers LLC’s holdings in NVIDIA were worth $15,158,000 as of its most recent SEC filing. Other institutional investors have also recently added to or reduced their stakes in the company. Palisade Asset Management LLC lifted its holdings in NVIDIA by 0.
5% during the 3rd quarter. Palisade Asset Management LLC now owns 15,363 shares of the computer hardware maker’s stock valued at $1,866,000 after purchasing an additional 75 shares during the last quarter. SMART Wealth LLC lifted its holdings in NVIDIA by 289.
5% during the 4th quarter. SMART Wealth LLC now owns 72,311 shares of the computer hardware maker’s stock valued at $9,711,000 after purchasing an additional 53,747 shares during the last quarter. Blue Square Asset Management LLC lifted its holdings in NVIDIA by 26.
7% during the 3rd quarter. Blue Square Asset Management LLC now owns 48,093 shares of the computer hardware maker’s stock valued at $5,840,000 after purchasing an additional 10,136 shares during the last quarter. Narwhal Capital Management lifted its holdings in NVIDIA by 5.
1% during the 3rd quarter. Narwhal Capital Management now owns 545,676 shares of the computer hardware maker’s stock valued at $66,267,000 after purchasing an additional 26,373 shares during the last quarter. Finally, Tybourne Capital Management HK Ltd.
lifted its holdings in NVIDIA by 46.7% during the 3rd quarter. Tybourne Capital Management HK Ltd.
now owns 16,826 shares of the computer hardware maker’s stock valued at $2,043,000 after purchasing an additional 5,360 shares during the last quarter. 65.27% of the stock is owned by institutional investors.
NVIDIA Stock Up 5.3 % NVIDIA stock opened at $121.67 on Friday.
The company has a market cap of $2.97 trillion, a P/E ratio of 47.88, a price-to-earnings-growth ratio of 1.
76 and a beta of 1.77. NVIDIA Co.
has a 1-year low of $75.61 and a 1-year high of $153.13.
The company has a fifty day simple moving average of $129.26 and a 200 day simple moving average of $131.17.
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 Announces Dividend The company also recently declared a quarterly dividend, which will be paid on Wednesday, April 2nd. Shareholders of record on Wednesday, March 12th will be paid a $0.
01 dividend. This represents a $0.04 dividend on an annualized basis and a yield of 0.
03%. The ex-dividend date of this dividend is Wednesday, March 12th. NVIDIA’s dividend payout ratio is currently 1.
36%. Analyst Upgrades and Downgrades A number of equities analysts have weighed in on NVDA shares. Robert W.
Baird boosted their target price on shares of NVIDIA from $150.00 to $190.00 and gave the stock an “outperform” rating in a research note on Thursday, November 21st.
Barclays boosted their target price on shares of NVIDIA from $160.00 to $175.00 and gave the stock an “overweight” rating in a research note on Friday, January 17th.
Oppenheimer reaffirmed an “outperform” rating and issued a $175.00 target price on shares of NVIDIA in a research note on Thursday, November 21st. Rosenblatt Securities reaffirmed a “buy” rating and issued a $220.
00 target price on shares of NVIDIA in a research note on Monday, February 24th. Finally, Summit Insights downgraded shares of NVIDIA from a “buy” rating to a “hold” rating in a research note on Thursday, February 27th. Four analysts have rated the stock with a hold rating, thirty-seven have assigned a buy rating and two have issued a strong buy rating to the company’s stock.
According to MarketBeat, the company has a consensus rating of “Moderate Buy” and an average target price of $171.51. Get Our Latest Stock Analysis on NVIDIA Insider Buying and Selling at NVIDIA In other NVIDIA news, Director Tench Coxe sold 1,000,000 shares of the stock in a transaction on Monday, December 16th.
The shares were sold at an average price of $131.26, for a total value of $131,260,000.00.
Following the completion of the sale, the director now owns 28,671,360 shares in the company, valued at $3,763,402,713.60. This trade represents a 3.
37 % decrease in their ownership of the stock. The sale was disclosed in a legal filing with the SEC, which is available through this link . Also, EVP Ajay K.
Puri sold 36,462 shares of the firm’s stock in a transaction dated Monday, January 6th. The stock was sold at an average price of $151.10, for a total transaction 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.
This represents a 0.93 % decrease in their position. The disclosure for this sale can be found here .
Insiders sold a total of 1,039,125 shares of company stock worth $137,062,338 over the last quarter. 4.23% of the stock is currently owned by insiders.
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. Read More 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.
com's FREE daily email newsletter ..
