Aubrey Capital Management Ltd Has $3.15 Million Stock Holdings in NVIDIA Corporation (NASDAQ:NVDA)

Aubrey Capital Management Ltd decreased its position in shares of NVIDIA Corporation (NASDAQ:NVDA - Free Report) by 7.6% in the first quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission. The fund owned 29,000 shares of the computer hardware maker's stock after selling 2,400 shares during the period. NVIDIA accounts for approximately 1.3% of Aubrey Capital Management Ltd's portfolio, making the stock its 27th biggest position. Aubrey Capital Management Ltd's holdings in NVIDIA were worth $3,149,000 at the end of the most recent reporting period.

A number of other institutional investors have also recently bought and sold shares of NVDA. Tacita Capital Inc acquired a new stake in shares of NVIDIA in the fourth quarter worth about $28,000. Vision Financial Markets LLC acquired a new stake in shares of NVIDIA in the fourth quarter worth about $38,000. Copia Wealth Management acquired a new stake in shares of NVIDIA in the fourth quarter worth about $50,000. LSV Asset Management acquired a new stake in shares of NVIDIA in the fourth quarter worth about $54,000. Finally, Bruce G. Allen Investments LLC lifted its position in shares of NVIDIA by 198.2% in the first quarter. Bruce G. Allen Investments LLC now owns 492 shares of the computer hardware maker's stock worth $53,000 after buying an additional 327 shares during the last quarter. Institutional investors and hedge funds own 65.27% of the company's stock.

Insider Buying and Selling

In related news, Director A Brooke Seawell sold 50,980 shares of the stock in a transaction that occurred on Friday, June 27th. The stock was sold at an average price of $156.92, for a total transaction of $7,999,781.60. Following the sale, the director now directly owns 1,679,361 shares in the company, valued at $263,525,328.12. This represents a 2.95% decrease in their position. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is available at the SEC website. Also, Director Tench Coxe sold 1,000,000 shares of the stock in a transaction that occurred on Monday, June 9th. The stock was sold at an average price of $142.80, for a total value of $142,800,000.00. Following the sale, the director now owns 26,671,360 shares in the company, valued at approximately $3,808,670,208. This trade represents a 3.61% decrease in their ownership of the stock. The disclosure for this sale can be found here. Insiders have sold a total of 3,792,267 shares of company stock worth $544,823,117 in the last three months. Insiders own 4.17% of the company's stock.

NVIDIA Price Performance

NASDAQ NVDA traded up $2.73 during trading on Friday, reaching $157.75. 258,593,751 shares of the company traded hands, compared to its average volume of 269,195,806. The company has a debt-to-equity ratio of 0.10, a quick ratio of 2.96 and a current ratio of 3.39. The stock's 50 day moving average price is $130.96 and its two-hundred day moving average price is $126.97. The company has a market cap of $3.85 trillion, a price-to-earnings ratio of 50.89, a P/E/G ratio of 1.40 and a beta of 2.12. NVIDIA Corporation has a 1-year low of $86.62 and a 1-year high of $158.71.

NVIDIA (NASDAQ:NVDA - Get Free Report) last released its quarterly earnings data on Wednesday, May 28th. The computer hardware maker reported $0.81 earnings per share for the quarter, missing analysts' consensus estimates of $0.87 by ($0.06). The company had revenue of $44.06 billion for the quarter, compared to analyst estimates of $43.09 billion. NVIDIA had a net margin of 51.69% and a return on equity of 105.09%. The firm's revenue for the quarter was up 69.2% compared to the same quarter last year. During the same period in the previous year, the firm posted $0.61 earnings per share. As a group, analysts anticipate that NVIDIA Corporation will post 2.77 EPS for the current year.

NVIDIA Dividend Announcement

The firm also recently declared a quarterly dividend, which will be paid on Thursday, July 3rd. Investors of record on Wednesday, June 11th will be given a dividend of $0.01 per share. The ex-dividend date is Wednesday, June 11th. This represents a $0.04 dividend on an annualized basis and a yield of 0.03%. NVIDIA's dividend payout ratio (DPR) is presently 1.29%.

Analyst Ratings Changes

A number of analysts have weighed in on NVDA shares. Hsbc Global Res cut NVIDIA from a "strong-buy" rating to a "hold" rating in a research report on Thursday, April 3rd. William Blair reiterated an "outperform" rating on shares of NVIDIA in a research note on Thursday, March 20th. Cantor Fitzgerald reiterated an "overweight" rating and issued a $200.00 price objective on shares of NVIDIA in a research note on Wednesday, April 16th. UBS Group reiterated a "buy" rating on shares of NVIDIA in a research note on Friday, May 23rd. Finally, Susquehanna reiterated a "positive" rating and issued a $180.00 price objective on shares of NVIDIA in a research note on Wednesday, March 19th. One investment analyst has rated the stock with a sell rating, four have issued a hold rating, thirty-four have assigned a buy rating and three have issued a strong buy rating to the company. Based on data from MarketBeat, the company presently has a consensus rating of "Moderate Buy" and a consensus price target of $175.78.

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.