NVIDIA Co. (NASDAQ:NVDA) Stock Holdings Raised by Capital Analysts LLC

Capital Analysts LLC raised its stake in NVIDIA Co. (NASDAQ:NVDA) by 6.0% in the 4th quarter, according to its most recent filing with the SEC. The fund owned 6,108 shares of the computer hardware maker’s stock after purchasing an additional 346 shares during the period. Capital Analysts LLC’s holdings in NVIDIA were worth $3,025,000 as of its most recent SEC filing.

Other hedge funds and other institutional investors also recently modified their holdings of the company. LFA Lugano Financial Advisors SA bought a new stake in shares of NVIDIA in the 4th quarter worth about $28,000. Peoples Financial Services CORP. acquired a new position in shares of NVIDIA in the 3rd quarter valued at about $30,000. Your Advocates Ltd. LLP acquired a new position in shares of NVIDIA in the 3rd quarter valued at about $30,000. O Brien Wealth Partners LLC boosted its holdings in shares of NVIDIA by 139.5% in the 4th quarter. O Brien Wealth Partners LLC now owns 91 shares of the computer hardware maker’s stock valued at $45,000 after buying an additional 53 shares during the period. Finally, Trivant Custom Portfolio Group LLC boosted its holdings in shares of NVIDIA by 44.1% in the 3rd quarter. Trivant Custom Portfolio Group LLC now owns 98 shares of the computer hardware maker’s stock valued at $43,000 after buying an additional 30 shares during the period. Institutional investors own 65.27% of the company’s stock.

Analysts Set New Price Targets

Several research firms have recently commented on NVDA. UBS Group lifted their price target on shares of NVIDIA from $800.00 to $1,100.00 and gave the company a “buy” rating in a report on Friday, March 22nd. Benchmark reaffirmed a “buy” rating and issued a $1,000.00 price target on shares of NVIDIA in a report on Wednesday, March 20th. Jefferies Financial Group lifted their price target on shares of NVIDIA from $610.00 to $780.00 and gave the company a “buy” rating in a report on Thursday, February 22nd. JPMorgan Chase & Co. lifted their price target on shares of NVIDIA from $650.00 to $850.00 and gave the company an “overweight” rating in a report on Thursday, February 22nd. Finally, Deutsche Bank Aktiengesellschaft boosted their target price on shares of NVIDIA from $720.00 to $850.00 and gave the company a “hold” rating in a research note on Wednesday, March 20th. Four equities research analysts have rated the stock with a hold rating, thirty-eight have assigned a buy rating and one has assigned a strong buy rating to the company. Based on data from MarketBeat.com, the stock presently has a consensus rating of “Moderate Buy” and a consensus price target of $940.30.

NVIDIA Stock Up 3.7 %

NASDAQ NVDA opened at $824.23 on Wednesday. The company has a debt-to-equity ratio of 0.20, a current ratio of 4.17 and a quick ratio of 3.67. The company’s 50 day simple moving average is $848.22 and its 200 day simple moving average is $629.87. NVIDIA Co. has a 12 month low of $262.25 and a 12 month high of $974.00. The company has a market capitalization of $2.06 trillion, a P/E ratio of 69.03, a PEG ratio of 1.09 and a beta of 1.73.

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

NVIDIA Dividend Announcement

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

Insider Activity

In other news, Director Mark A. Stevens sold 5,000 shares of the business’s stock in a transaction that occurred on Monday, February 26th. The shares were sold at an average price of $800.74, for a total transaction of $4,003,700.00. Following the sale, the director now owns 1,119,583 shares in the company, valued at $896,494,891.42. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which can be accessed through this hyperlink. In other news, Director Mark A. Stevens sold 12,000 shares of the business’s stock in a transaction that occurred on Monday, March 4th. The shares were sold at an average price of $853.54, for a total transaction of $10,242,480.00. Following the sale, the director now owns 1,107,583 shares in the company, valued at $945,366,393.82. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which can be accessed through this hyperlink. Also, Director Mark A. Stevens sold 5,000 shares of the company’s stock in a transaction that occurred on Monday, February 26th. The shares were sold at an average price of $800.74, for a total transaction of $4,003,700.00. Following the completion of the transaction, the director now owns 1,119,583 shares in the company, valued at approximately $896,494,891.42. 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 owned by company insiders.

NVIDIA Company Profile

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.