Capital Square LLC Acquires 3,027 Shares of NVIDIA Co. (NASDAQ:NVDA)

Capital Square LLC increased its holdings in NVIDIA Co. (NASDAQ:NVDA - Free Report) by 40.2% in the fourth quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission. The institutional investor owned 10,550 shares of the computer hardware maker's stock after purchasing an additional 3,027 shares during the period. Capital Square LLC's holdings in NVIDIA were worth $1,505,000 at the end of the most recent reporting period.

A number of other large investors have also recently bought and sold shares of NVDA. Osterweis Capital Management Inc. raised its position in shares of NVIDIA by 2,750.6% during the fourth quarter. Osterweis Capital Management Inc. now owns 281,781 shares of the computer hardware maker's stock valued at $37,841,000 after buying an additional 271,896 shares during the last quarter. Altshuler Shaham Ltd raised its position in NVIDIA by 67.3% in the fourth quarter. Altshuler Shaham Ltd now owns 89,750 shares of the computer hardware maker's stock worth $11,779,000 after purchasing an additional 36,088 shares in the last quarter. Demars Financial Group LLC raised its position in NVIDIA by 13,293.6% in the fourth quarter. Demars Financial Group LLC now owns 5,630,809 shares of the computer hardware maker's stock worth $756,161,000 after purchasing an additional 5,588,768 shares in the last quarter. Greenwood Gearhart Inc. raised its position in NVIDIA by 3.6% in the fourth quarter. Greenwood Gearhart Inc. now owns 277,218 shares of the computer hardware maker's stock worth $37,228,000 after purchasing an additional 9,746 shares in the last quarter. Finally, MSH Capital Advisors LLC acquired a new position in NVIDIA in the fourth quarter worth about $2,087,000. 65.27% of the stock is currently owned by institutional investors.

NVIDIA Stock Performance

Shares of NVIDIA stock traded down $0.51 during trading on Thursday, hitting $134.83. 225,714,934 shares of the stock were exchanged, compared to its average volume of 295,380,357. The stock has a market capitalization of $3.30 trillion, a price-to-earnings ratio of 53.06, a price-to-earnings-growth ratio of 1.76 and a beta of 2.11. The company has a fifty day moving average price of $111.24 and a 200-day moving average price of $127.14. NVIDIA Co. has a 1-year low of $86.62 and a 1-year high of $195.95. The company has a current ratio of 4.10, a quick ratio of 3.64 and a debt-to-equity ratio of 0.13.

NVIDIA (NASDAQ:NVDA - Get Free Report) last released its quarterly earnings data on Wednesday, February 26th. The computer hardware maker reported $0.89 earnings per share for the quarter, topping the consensus estimate of $0.84 by $0.05. The company had revenue of $39.33 billion for the quarter, compared to analyst estimates of $38.16 billion. NVIDIA had a net margin of 55.69% and a return on equity of 114.83%. As a group, equities analysts predict that NVIDIA Co. will post 2.77 EPS for the current fiscal year.

NVIDIA Announces Dividend

The company also recently disclosed a quarterly dividend, which was paid on Wednesday, April 2nd. Stockholders of record on Wednesday, March 12th were paid 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 dividend yield of 0.03%. NVIDIA's dividend payout ratio is presently 1.36%.

Insider Activity at NVIDIA

In other NVIDIA news, Director John Dabiri sold 2,663 shares of the firm's stock in a transaction on Monday, March 10th. The stock was sold at an average price of $110.00, for a total value of $292,930.00. Following the sale, the director now owns 17,279 shares of the company's stock, valued at approximately $1,900,690. This trade represents a 13.35% decrease in their position. The sale was disclosed in a document filed with the SEC, which can be accessed through the SEC website. Also, Director Aarti S. Shah sold 20,000 shares of the business's stock in a transaction dated Thursday, March 20th. The stock was sold at an average price of $118.42, for a total value of $2,368,400.00. Following the transaction, the director now directly owns 53,208 shares of the company's stock, valued at approximately $6,300,891.36. The trade was a 27.32% decrease in their position. The disclosure for this sale can be found here. In the last 90 days, insiders have sold 147,147 shares of company stock worth $17,133,207. Insiders own 4.23% of the company's stock.

Analyst Upgrades and Downgrades

Several research analysts recently issued reports on NVDA shares. TD Cowen dropped their price target on shares of NVIDIA from $175.00 to $140.00 and set a "buy" rating for the company in a research report on Wednesday, April 9th. HSBC lowered shares of NVIDIA from a "buy" rating to a "hold" rating and set a $120.00 price objective for the company. in a report on Thursday, April 3rd. DA Davidson dropped their price objective on shares of NVIDIA from $125.00 to $120.00 and set a "neutral" rating for the company in a report on Monday, April 14th. Tigress Financial reaffirmed a "buy" rating on shares of NVIDIA in a report on Wednesday, February 26th. Finally, Raymond James reaffirmed a "strong-buy" rating on shares of NVIDIA in a report on Wednesday, April 16th. One investment analyst has rated the stock with a sell rating, six have issued a hold rating, thirty-six have issued a buy rating and two have assigned a strong buy rating to the company. Based on data from MarketBeat, the stock has a consensus rating of "Moderate Buy" and an average price target of $164.84.

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.