4 days Ago By ABMN Staff
Wealthfront Advisers LLC lessened its position in shares of NVIDIA Co. ( NASDAQ:NVDA – Free Report ) by 98.6% in the 4th quarter, HoldingsChannel reports.
The fund owned 52,988 shares of the computer hardware maker’s stock after selling 3,759,987 shares during the period. Wealthfront Advisers LLC’s holdings in NVIDIA were worth $7,116,000 as of its most recent SEC filing. A number of other large investors also recently modified their holdings of the company.
AGF Management Ltd. grew its stake in shares of NVIDIA by 6.6% during the fourth quarter.
AGF Management Ltd. now owns 6,770,884 shares of the computer hardware maker’s stock worth $909,262,000 after purchasing an additional 421,147 shares in the last quarter. Avantax Planning Partners Inc.
lifted its holdings in NVIDIA by 2.5% during the 4th quarter. Avantax Planning Partners Inc.
now owns 56,600 shares of the computer hardware maker’s stock worth $7,601,000 after buying an additional 1,365 shares during the last quarter. Cushing Capital Partners LLC acquired a new position in shares of NVIDIA during the 4th quarter worth about $428,000. Inspire Advisors LLC increased its holdings in shares of NVIDIA by 11.
1% in the 4th quarter. Inspire Advisors LLC now owns 15,411 shares of the computer hardware maker’s stock valued at $2,070,000 after acquiring an additional 1,545 shares during the last quarter. Finally, Donaldson Capital Management LLC raised its position in shares of NVIDIA by 25.
6% during the 4th quarter. Donaldson Capital Management LLC now owns 68,755 shares of the computer hardware maker’s stock worth $9,233,000 after acquiring an additional 14,026 shares in the last quarter. 65.
27% of the stock is owned by hedge funds and other institutional investors. Insider Buying and Selling In other NVIDIA news, CFO Colette Kress sold 66,660 shares of the business’s stock in a transaction dated 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 transaction, the chief financial officer now owns 3,085,765 shares in the company, valued at $360,509,924.
95. The trade was a 2.11 % decrease in their ownership of the stock.
The sale was disclosed in a document filed with the SEC, which is available through this hyperlink . Also, Director Aarti S. Shah sold 20,000 shares of NVIDIA 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 sale, the director now owns 53,208 shares in the company, valued at $6,300,891.36. This represents a 27.
32 % decrease in their position. The disclosure for this sale can be found here . Over the last ninety days, insiders have sold 147,147 shares of company stock worth $17,133,207.
4.23% of the stock is owned by company insiders. Wall Street Analysts Forecast Growth View Our Latest Stock Report on NVDA NVIDIA Price Performance Shares of NASDAQ:NVDA opened at $112.
20 on Wednesday. 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.
The company has a debt-to-equity ratio of 0.13, a current ratio of 4.10 and a quick ratio of 3.
64. The business’s 50 day simple moving average is $118.34 and its 200-day simple moving average is $130.
20. NVIDIA Co. has a 12 month low of $75.
61 and a 12 month high of $195.95. NVIDIA ( NASDAQ:NVDA – Get Free Report ) last posted its earnings results 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. The company had revenue of $39.33 billion for the quarter, compared to the consensus estimate of $38.
16 billion. NVIDIA had a return on equity of 114.83% and a net margin of 55.
69%. As a group, equities analysts forecast that NVIDIA Co. will post 2.
77 earnings per share for the current fiscal year. NVIDIA Dividend Announcement The firm also recently announced a quarterly dividend, which was paid on Wednesday, April 2nd. Investors of record on Wednesday, March 12th were paid a $0.
01 dividend. 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 payout ratio is currently 1.
36%. About 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.
Recommended Stories 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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