NVIDIA Co. (NASDAQ:NVDA) Holdings Raised by Hoxton Planning & Management LLC

Hoxton Planning & Management LLC boosted its stake in shares of NVIDIA Co. (NASDAQ:NVDA) by 2.5% in the fourth quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The firm owned 6,268 shares of the computer hardware maker’s stock after purchasing an additional 154 shares during the quarter. NVIDIA makes up approximately 1.6% of Hoxton Planning & Management LLC’s holdings, making the stock its 11th largest position. Hoxton Planning & Management LLC’s holdings in NVIDIA were worth $3,104,000 at the end of the most recent reporting period.

A number of other hedge funds and other institutional investors have also added to or reduced their stakes in the stock. Ballast Advisors LLC boosted its position in NVIDIA by 13.5% during the 4th quarter. Ballast Advisors LLC now owns 3,663 shares of the computer hardware maker’s stock valued at $1,814,000 after purchasing an additional 435 shares during the period. Cullen Investment Group LTD. acquired a new position in NVIDIA during the 4th quarter valued at approximately $5,248,000. BOK Financial Private Wealth Inc. boosted its position in NVIDIA by 115.0% during the 4th quarter. BOK Financial Private Wealth Inc. now owns 430 shares of the computer hardware maker’s stock worth $213,000 after acquiring an additional 230 shares during the period. Cornercap Investment Counsel Inc. boosted its position in NVIDIA by 5.7% during the 4th quarter. Cornercap Investment Counsel Inc. now owns 3,900 shares of the computer hardware maker’s stock worth $1,931,000 after acquiring an additional 209 shares during the period. Finally, Waldron Private Wealth LLC boosted its position in NVIDIA by 2.4% during the 4th quarter. Waldron Private Wealth LLC now owns 21,236 shares of the computer hardware maker’s stock worth $10,516,000 after acquiring an additional 502 shares during the period. Institutional investors and hedge funds own 65.27% of the company’s stock.

Insider Buying and Selling at NVIDIA

In other NVIDIA news, Director Mark A. Stevens sold 10,000 shares of the business’s stock in a transaction dated Friday, February 23rd. The stock was sold at an average price of $797.57, for a total value of $7,975,700.00. Following the transaction, the director now owns 1,124,583 shares in the company, valued at $896,933,663.31. The sale was disclosed in a filing with the Securities & Exchange Commission, which is accessible through the SEC website. In other news, Director Mark A. Stevens sold 10,000 shares of the company’s stock in a transaction dated Friday, February 23rd. The stock was sold at an average price of $797.57, for a total transaction of $7,975,700.00. Following the completion of the sale, the director now owns 1,124,583 shares in the company, valued at approximately $896,933,663.31. The transaction was disclosed in a filing with the SEC, which is accessible through this hyperlink. Also, Director John Dabiri sold 128 shares of the company’s stock in a transaction dated Monday, March 25th. The stock was sold at an average price of $940.00, for a total value of $120,320.00. Following the sale, the director now owns 2,055 shares of the company’s stock, valued at approximately $1,931,700. The disclosure for this sale can be found here. Insiders have sold 61,278 shares of company stock worth $52,689,898 over the last 90 days. 3.99% of the stock is currently owned by corporate insiders.

Analyst Upgrades and Downgrades

A number of research analysts have issued reports on NVDA shares. Wells Fargo & Company boosted their price target on NVIDIA from $840.00 to $970.00 and gave the stock an “overweight” rating in a research report on Tuesday, March 19th. DA Davidson upped their price objective on NVIDIA from $410.00 to $620.00 and gave the company a “neutral” rating in a report on Thursday, February 22nd. CICC Research initiated coverage on NVIDIA in a report on Wednesday, March 6th. They issued an “outperform” rating and a $870.00 price objective for the company. UBS Group upped their price objective on NVIDIA from $800.00 to $1,100.00 and gave the company a “buy” rating in a report on Friday, March 22nd. Finally, Rosenblatt Securities restated a “buy” rating and issued a $1,100.00 price objective on shares of NVIDIA in a report on Tuesday, February 20th. Four investment analysts have rated the stock with a hold rating, thirty-eight have given a buy rating and one has assigned a strong buy rating to the stock. Based on data from MarketBeat, the stock presently has an average rating of “Moderate Buy” and an average price target of $940.30.

NVIDIA Stock Performance

Shares of NASDAQ NVDA opened at $824.23 on Wednesday. The business’s 50-day moving average price is $848.22 and its two-hundred day moving average price is $629.87. The company has a debt-to-equity ratio of 0.20, a current ratio of 4.17 and a quick ratio of 3.67. NVIDIA Co. has a one year low of $262.25 and a one year high of $974.00. The company has a market capitalization of $2.06 trillion, a P/E ratio of 69.03, a price-to-earnings-growth ratio of 1.09 and a beta of 1.73.

NVIDIA (NASDAQ:NVDA) last issued its earnings results on Wednesday, February 21st. The computer hardware maker reported $5.16 EPS for the quarter, beating analysts’ consensus estimates of $4.21 by $0.95. NVIDIA had a return on equity of 93.61% and a net margin of 48.85%. The firm had revenue of $22.10 billion for the quarter, compared to the consensus estimate of $20.40 billion. During the same quarter in the previous year, the company posted $0.65 earnings per share. The business’s quarterly revenue was up 265.3% compared to the same quarter last year. Analysts anticipate that NVIDIA Co. will post 22.55 earnings per share for the current fiscal year.

NVIDIA Dividend Announcement

The company also recently announced a quarterly dividend, which was paid on Wednesday, March 27th. Shareholders of record on Wednesday, March 6th were paid a $0.04 dividend. The ex-dividend date was Tuesday, March 5th. This represents a $0.16 dividend on an annualized basis and a yield of 0.02%. NVIDIA’s dividend payout ratio (DPR) is currently 1.34%.

About NVIDIA

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.