Sollinda Capital Management LLC Raises Position in NVIDIA Co. (NASDAQ:NVDA)

Sollinda Capital Management LLC lifted its holdings in shares of NVIDIA Co. (NASDAQ:NVDA – Free Report) by 23.8% during the 4th quarter, according to its most recent disclosure with the Securities & Exchange Commission.

The fund owned 4,396 shares of the computer hardware maker’s stock after purchasing an additional 844 shares during the quarter. Sollinda Capital Management LLC’s holdings in NVIDIA were worth $590,000 as of its most recent SEC filing. Other hedge funds and other institutional investors have also made changes to their positions in the company.



Clear Street Derivatives LLC purchased a new stake in shares of NVIDIA during the third quarter valued at approximately $4,589,905,000. Proficio Capital Partners LLC boosted its stake in shares of NVIDIA by 14,641.2% in the fourth 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 grew its holdings in NVIDIA by 12.9% during the 4th 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 increased its stake in NVIDIA by 2.2% during the 3rd 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 lifted its holdings in NVIDIA by 3.8% in the 3rd 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 worth $21,908,236,000 after buying an additional 6,526,200 shares in the last quarter. Hedge funds and other institutional investors own 65.27% of the company’s stock.

Insider ActivityIn other NVIDIA news, insider Donald F. Robertson, Jr. sold 4,500 shares of the firm’s stock in a transaction on Friday, March 21st.

The stock was sold at an average price of $116.80, for a total transaction of $525,600.00.

Following the transaction, the insider now directly owns 479,428 shares in the company, valued at $55,997,190.40. This trade represents a 0.

93 % decrease in their position. The transaction was disclosed in a document filed with the SEC, which is available through the SEC website. Also, Director John Dabiri sold 2,663 shares of the 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 transaction, 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 ownership of the stock.

The disclosure for this sale can be found here. Over the last quarter, 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. Analysts Set New Price TargetsSeveral brokerages have recently commented on NVDA. Benchmark reaffirmed a “buy” rating and set a $190.

00 price target on shares of NVIDIA in a research report on Wednesday, March 19th. Cantor Fitzgerald reiterated an “overweight” rating and issued a $200.00 target price on shares of NVIDIA in a research report on Wednesday, March 19th.

Citigroup dropped their price target on NVIDIA from $163.00 to $150.00 and set a “buy” rating on the stock in a research report on Friday, April 11th.

Tigress Financial reaffirmed a “buy” rating on shares of NVIDIA in a report on Wednesday, February 26th. Finally, Barclays increased their target price on shares of NVIDIA from $160.00 to $175.

00 and gave the stock an “overweight” rating in a report on Friday, January 17th. Six investment analysts have rated the stock with a hold rating, thirty-six have assigned a buy rating and two have given a strong buy rating to the company. Based on data from MarketBeat.

com, NVIDIA presently has an average rating of “Moderate Buy” and a consensus price target of $168.26.View Our Latest Research Report on NVIDIANVIDIA Trading Up 1.

3 %NVIDIA stock opened at $112.20 on Wednesday. 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 firm has a market capitalization of $2.74 trillion, a price-to-earnings ratio of 44.

16, a P/E/G ratio of 1.76 and a beta of 1.96.

The firm has a 50 day moving average of $118.34 and a 200 day moving average of $130.20.

NVIDIA (NASDAQ:NVDA – Get Free Report) last announced its quarterly earnings data on Wednesday, February 26th. The computer hardware maker reported $0.89 earnings per share (EPS) for the quarter, beating analysts’ consensus estimates of $0.

84 by $0.05. The business had revenue of $39.

33 billion during the quarter, compared to analyst estimates of $38.16 billion. NVIDIA had a net margin of 55.

69% and a return on equity of 114.83%. As a group, research analysts predict that NVIDIA Co.

will post 2.77 earnings per share for the current year. NVIDIA Announces DividendThe company also recently disclosed a quarterly dividend, which was paid on Wednesday, April 2nd.

Shareholders of record on Wednesday, March 12th were given a dividend of $0.01 per share. This represents a $0.

04 dividend on an annualized basis and a yield of 0.04%. The ex-dividend date was Wednesday, March 12th.

NVIDIA’s dividend payout ratio (DPR) is 1.36%. 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.Featured StoriesFive stocks we like better than NVIDIAWhat is the Dow Jones Industrial Average (DJIA)?Beware of BigBear.ai: Insiders Are Selling—Should You?Stock Market Sectors: What Are They and How Many Are There? CrowdStrike Stock is a Buy as Cyberthreat Environment ExpandsWhat Investors Need to Know About Upcoming IPOsCongress! 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)..