4 days Ago By Defense World Staff
Warburton Capital Management LLC bought a new stake in NVIDIA Co. (NASDAQ:NVDA – Free Report) during the 4th quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission. The firm bought 7,627 shares of the computer hardware maker’s stock, valued at approximately $1,024,000.
NVIDIA comprises about 0.8% of Warburton Capital Management LLC’s investment portfolio, making the stock its 12th biggest position. Several other institutional investors also recently modified their holdings of NVDA.
Hickory Point Bank & Trust bought a new position in shares of NVIDIA during the 4th quarter worth approximately $2,272,000. Capital Performance Advisors LLP boosted its holdings in NVIDIA by 59.3% during the fourth quarter.
Capital Performance Advisors LLP now owns 26,700 shares of the computer hardware maker’s stock worth $3,586,000 after purchasing an additional 9,944 shares during the last quarter. Ethos Financial Group LLC grew its position in NVIDIA by 24.1% in the fourth quarter.
Ethos Financial Group LLC now owns 32,092 shares of the computer hardware maker’s stock valued at $4,312,000 after purchasing an additional 6,241 shares in the last quarter. Metis Global Partners LLC increased its stake in NVIDIA by 3.6% in the 4th quarter.
Metis Global Partners LLC now owns 1,464,826 shares of the computer hardware maker’s stock valued at $196,711,000 after buying an additional 50,978 shares during the last quarter. Finally, Palisade Asset Management LLC lifted its position 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 worth $1,866,000 after buying an additional 75 shares in the last quarter. Institutional investors and hedge funds own 65.27% of the company’s stock.
NVIDIA Price PerformanceShares of NASDAQ:NVDA opened at $112.20 on Wednesday. The company has a quick ratio of 3.
64, a current ratio of 4.10 and a debt-to-equity ratio of 0.13.
The company has a 50-day moving average price of $118.34 and a 200 day moving average price of $130.20.
NVIDIA Co. has a 52 week low of $75.61 and a 52 week high of $195.
95. The company has a market cap of $2.74 trillion, a P/E ratio of 44.
16, a PEG ratio of 1.76 and a beta of 1.96.
NVIDIA (NASDAQ:NVDA – Get Free Report) last announced its quarterly earnings results on Wednesday, February 26th. The computer hardware maker reported $0.89 earnings per share 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 analysts’ expectations of $38.16 billion. NVIDIA had a return on equity of 114.
83% and a net margin of 55.69%. Research analysts predict that NVIDIA Co.
will post 2.77 earnings per share for the current year. NVIDIA Announces DividendThe firm also recently announced a quarterly dividend, which was paid on Wednesday, April 2nd.
Investors of record on Wednesday, March 12th were given a dividend of $0.01 per share. The ex-dividend date of this dividend was Wednesday, March 12th.
This represents a $0.04 annualized dividend and a yield of 0.04%.
NVIDIA’s dividend payout ratio (DPR) is presently 1.36%. Insiders Place Their BetsIn other NVIDIA news, Director Aarti S.
Shah sold 20,000 shares of the stock in a transaction that occurred on Thursday, March 20th. The shares were sold at an average price of $118.42, for a total transaction of $2,368,400.
00. Following the transaction, 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 ownership of the stock. The transaction was disclosed in a document filed with the SEC, which is accessible through this hyperlink.
Also, CFO Colette Kress sold 66,660 shares of NVIDIA stock in a transaction dated Friday, March 21st. The shares were sold at an average price of $116.83, for a total value of $7,787,887.
80. Following the completion of the transaction, the chief financial officer now directly owns 3,085,765 shares in the company, valued at $360,509,924.95.
This represents a 2.11 % decrease in their ownership of the stock. The disclosure for this sale can be found here.
In the last ninety days, insiders have sold 147,147 shares of company stock valued at $17,133,207. Insiders own 4.23% of the company’s stock.
Wall Street Analysts Forecast GrowthSeveral research analysts have weighed in on the company. DZ Bank raised NVIDIA from a “hold” rating to a “strong-buy” rating in a research report on Friday, February 28th. Tigress Financial reiterated a “buy” rating on shares of NVIDIA in a research note on Wednesday, February 26th.
Summit Insights downgraded shares of NVIDIA from a “buy” rating to a “hold” rating in a research report on Thursday, February 27th. KeyCorp set a $190.00 target price on shares of NVIDIA in a report on Wednesday, March 19th.
Finally, Mizuho reduced their price target on NVIDIA from $175.00 to $168.00 and set an “outperform” rating for the company in a report on Friday, March 14th.
Six research analysts have rated the stock with a hold rating, thirty-six have given a buy rating and two have given a strong buy rating to the company’s stock. According to MarketBeat, the company currently has an average rating of “Moderate Buy” and a consensus price target of $168.26.
View Our Latest Stock Analysis on NVIDIAAbout NVIDIA (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 MoreFive stocks we like better than NVIDIAAre Penny Stocks a Good Fit for Your Portfolio?Beware of BigBear.
ai: Insiders Are Selling—Should You?Profitably Trade Stocks at 52-Week HighsCrowdStrike Stock is a Buy as Cyberthreat Environment ExpandsDividend Capture Strategy: What You Need to KnowCongress! Who Traded What During the Tariff-Induced Meltdown.
