Rothschild Capital Partners LLC Invests $3.01 Million in NVIDIA Co. (NASDAQ:NVDA)

Rothschild Capital Partners LLC acquired a new position in NVIDIA Co. (NASDAQ:NVDA - Free Report) in the 4th quarter, according to the company in its most recent 13F filing with the SEC. The fund acquired 22,447 shares of the computer hardware maker's stock, valued at approximately $3,014,000. NVIDIA comprises approximately 0.7% of Rothschild Capital Partners LLC's investment portfolio, making the stock its 27th largest position.

Several other institutional investors have also recently bought and sold shares of the stock. Topsail Wealth Management LLC bought a new position in NVIDIA in the 4th quarter worth approximately $1,368,000. Keyvantage Wealth LLC bought a new position in shares of NVIDIA in the 4th quarter worth $3,320,000. Hancock Whitney Corp boosted its position in shares of NVIDIA by 5.7% in the 4th quarter. Hancock Whitney Corp now owns 787,094 shares of the computer hardware maker's stock worth $105,699,000 after purchasing an additional 42,274 shares during the last quarter. Seven Springs Wealth Group LLC boosted its position in shares of NVIDIA by 1.6% in the 4th quarter. Seven Springs Wealth Group LLC now owns 7,550 shares of the computer hardware maker's stock worth $1,014,000 after purchasing an additional 120 shares during the last quarter. Finally, Science & Technology Partners L.P. bought a new position in shares of NVIDIA in the 4th quarter worth $18,920,000. Institutional investors own 65.27% of the company's stock.

Insider Transactions at NVIDIA

In related news, Director John Dabiri sold 2,663 shares of the business's stock in a transaction that occurred 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 completion of the sale, the director now directly owns 17,279 shares in the company, valued at approximately $1,900,690. The trade was a 13.35% decrease in their ownership of the stock. The sale was disclosed in a filing with the SEC, which is accessible through this link. Also, Director Robert K. Burgess sold 53,324 shares of the business's stock in a transaction that occurred on Thursday, March 13th. The shares were sold at an average price of $115.49, for a total value of $6,158,388.76. Following the completion of the sale, the director now owns 251,044 shares of the company's stock, valued at approximately $28,993,071.56. This trade represents a 17.52% decrease in their ownership of the stock. The disclosure for this sale can be found here. Insiders sold a total of 147,147 shares of company stock worth $17,133,207 over the last quarter. Company insiders own 4.23% of the company's stock.

Analysts Set New Price Targets

Several research analysts have recently issued reports on NVDA shares. Wedbush lowered NVIDIA from an "outperform" rating to a "cautious" rating in a research report on Friday. DZ Bank upgraded NVIDIA from a "hold" rating to a "strong-buy" rating in a research report on Friday, February 28th. Tigress Financial restated a "buy" rating on shares of NVIDIA in a research report on Wednesday, February 26th. Piper Sandler restated an "overweight" rating on shares of NVIDIA in a research report on Friday, April 25th. Finally, William Blair restated an "outperform" rating on shares of NVIDIA in a research report on Thursday, March 20th. Two research analysts have rated the stock with a sell rating, seven have assigned a hold rating, thirty-four have given a buy rating and two have issued a strong buy rating to the stock. Based on data from MarketBeat, NVIDIA currently has a consensus rating of "Moderate Buy" and a consensus price target of $164.84.

NVIDIA Stock Down 1.2%

Shares of NASDAQ:NVDA traded down $1.54 during midday trading on Friday, reaching $131.29. The company had a trading volume of 198,282,939 shares, compared to its average volume of 289,485,184. 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 business's 50 day moving average price is $113.89 and its 200 day moving average price is $126.94. The stock has a market cap of $3.21 trillion, a PE ratio of 51.67, a P/E/G ratio of 1.76 and a beta of 2.11. NVIDIA Co. has a 1-year low of $86.62 and a 1-year high of $195.95.

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, topping analysts' consensus estimates of $0.84 by $0.05. The firm 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%. Research analysts forecast 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 issued a dividend of $0.01 per share. This represents a $0.04 dividend on an annualized basis and a dividend yield of 0.03%. The ex-dividend date of this dividend was Wednesday, March 12th. NVIDIA's dividend payout ratio is presently 1.36%.

NVIDIA 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.