4 days Ago By ABMN Staff
Warburton Capital Management LLC bought a new stake in shares of NVIDIA Co. ( NASDAQ:NVDA – Free Report ) in the 4th quarter, Holdings Channel.com reports.
The firm bought 7,627 shares of the computer hardware maker’s stock, valued at approximately $1,024,000. NVIDIA makes up approximately 0.8% of Warburton Capital Management LLC’s holdings, making the stock its 12th largest position.
Other large investors have also bought and sold shares of the company. Tacita Capital Inc acquired a new stake in shares of NVIDIA during the 4th quarter valued at $28,000. Legend Financial Advisors Inc.
acquired a new stake in shares of NVIDIA during the fourth quarter worth $34,000. Vision Financial Markets LLC purchased a new stake in shares of NVIDIA during the fourth quarter valued at $38,000. Luken Investment Analytics LLC acquired a new position in shares of NVIDIA in the 4th quarter valued at $40,000.
Finally, Lowe Wealth Advisors LLC purchased a new position in NVIDIA in the 4th quarter worth about $46,000. Institutional investors own 65.27% of the company’s stock.
Wall Street Analyst Weigh In NVDA has been the topic of several research analyst reports. Tigress Financial reiterated a “buy” rating on shares of NVIDIA in a research report on Wednesday, February 26th. Stifel Nicolaus set a $180.
00 target price on NVIDIA in a research report on Wednesday, March 19th. Benchmark reissued a “buy” rating and set a $190.00 price target on shares of NVIDIA in a research report on Wednesday, March 19th.
Barclays raised their price objective on NVIDIA from $160.00 to $175.00 and gave the stock an “overweight” rating in a research report on Friday, January 17th.
Finally, Wedbush reiterated an “outperform” rating and issued a $175.00 target price on shares of NVIDIA in a report on Thursday, February 20th. Six investment analysts have rated the stock with a hold rating, thirty-six have given a buy rating and two have issued a strong buy rating to the company.
According to data from MarketBeat.com, the company has an average rating of “Moderate Buy” and a consensus price target of $168.26.
NVIDIA Stock 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. The firm’s fifty day moving average price is $118.34 and its two-hundred day moving average price is $130.
20. The firm has a market capitalization of $2.74 trillion, a price-to-earnings ratio of 44.
16, a price-to-earnings-growth ratio of 1.76 and a beta of 1.96.
NVIDIA Co. has a 1-year low of $75.61 and a 1-year high of $195.
95. NVIDIA ( NASDAQ:NVDA – Get Free Report ) last issued 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 firm had revenue of $39.33 billion during the quarter, compared to analyst estimates of $38.16 billion.
On average, equities research analysts predict that NVIDIA Co. will post 2.77 earnings per share for the current fiscal year.
NVIDIA Announces Dividend The business also recently declared a quarterly dividend, which was paid on Wednesday, April 2nd. Investors of record on Wednesday, March 12th were issued a $0.01 dividend.
This represents a $0.04 dividend on an annualized basis and a dividend yield of 0.04%.
The ex-dividend date of this dividend was Wednesday, March 12th. NVIDIA’s dividend payout ratio (DPR) is currently 1.36%.
Insider Activity at NVIDIA In related news, Director Robert K. Burgess sold 53,324 shares of the business’s stock in a transaction on Thursday, March 13th. The stock was sold at an average price of $115.
49, for a total transaction of $6,158,388.76. Following the sale, the director now directly owns 251,044 shares in the company, valued at approximately $28,993,071.
56. The trade was a 17.52 % decrease in their position.
The transaction was disclosed in a document filed with the SEC, which can be accessed through this hyperlink . Also, CFO Colette Kress sold 66,660 shares of the company’s stock in a transaction that occurred on Friday, March 21st. The stock was sold at an average price of $116.
83, for a total transaction of $7,787,887.80. Following the sale, the chief financial officer now directly owns 3,085,765 shares in the company, valued at $360,509,924.
95. This trade represents a 2.11 % decrease in their position.
The disclosure for this sale can be found here . Over the last 90 days, insiders sold 147,147 shares of company stock worth $17,133,207. 4.
23% of the stock is owned by company insiders. 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.
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 ).
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