Cahill Financial Advisors Inc. Has $1.75 Million Stock Position in NVIDIA Co. (NASDAQ:NVDA)

Cahill Financial Advisors Inc. cut its stake in NVIDIA Co. (NASDAQ:NVDA - Free Report) by 32.4% in the fourth quarter, according to the company in its most recent filing with the Securities and Exchange Commission. The institutional investor owned 13,018 shares of the computer hardware maker's stock after selling 6,242 shares during the period. Cahill Financial Advisors Inc.'s holdings in NVIDIA were worth $1,748,000 at the end of the most recent reporting period.

A number of other hedge funds have also modified their holdings of NVDA. Tacita Capital Inc acquired a new stake in shares of NVIDIA in the 4th quarter valued at $28,000. Legend Financial Advisors Inc. bought a new stake in shares of NVIDIA in the fourth quarter valued at about $34,000. Vision Financial Markets LLC bought a new stake in shares of NVIDIA in the fourth quarter valued at about $38,000. Luken Investment Analytics LLC bought a new stake in NVIDIA during the fourth quarter worth about $40,000. Finally, Lowe Wealth Advisors LLC bought a new stake in NVIDIA during the fourth quarter worth about $46,000. 65.27% of the stock is owned by institutional investors and hedge funds.

Insider Buying and Selling at NVIDIA

In other news, Director John Dabiri sold 2,663 shares of the company's stock in a transaction on Monday, March 10th. The stock was sold at an average price of $110.00, for a total transaction of $292,930.00. Following the transaction, the director now directly owns 17,279 shares of the company's stock, valued at approximately $1,900,690. This represents a 13.35% decrease in their ownership of the stock. The sale was disclosed in a document filed with the SEC, which is accessible through this hyperlink. Also, CFO Colette Kress sold 66,660 shares of the company's stock in a transaction on Friday, March 21st. The shares were sold at an average price of $116.83, for a total value of $7,787,887.80. Following the completion of the transaction, the chief financial officer now directly owns 3,085,765 shares in the company, valued at approximately $360,509,924.95. The trade was a 2.11% 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 valued at $17,133,207 in the last three months. Company insiders own 4.17% of the company's stock.

NVIDIA Stock Performance

Shares of NASDAQ NVDA opened at $131.29 on Friday. The company has a debt-to-equity ratio of 0.13, a quick ratio of 3.64 and a current ratio of 4.10. The company has a market cap of $3.21 trillion, a P/E ratio of 51.67, a P/E/G ratio of 1.76 and a beta of 2.11. The firm's fifty day moving average is $113.89 and its two-hundred day moving average is $126.81. NVIDIA Co. has a 52-week low of $86.62 and a 52-week high of $195.95.

NVIDIA (NASDAQ:NVDA - Get Free Report) last posted its 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 net margin of 55.69% and a return on equity of 114.83%. As a group, analysts anticipate that NVIDIA Co. will post 2.77 EPS for the current fiscal year.

NVIDIA Dividend Announcement

The business also recently disclosed a quarterly dividend, which was paid on Wednesday, April 2nd. Shareholders of record on Wednesday, March 12th were given a $0.01 dividend. The ex-dividend date was Wednesday, March 12th. This represents a $0.04 annualized dividend and a yield of 0.03%. NVIDIA's dividend payout ratio (DPR) is 1.36%.

Wall Street Analyst Weigh In

A number of brokerages have weighed in on NVDA. Arete Research raised NVIDIA to a "strong-buy" rating in a research report on Wednesday. Mizuho cut their target price on NVIDIA from $175.00 to $168.00 and set an "outperform" rating for the company in a research note on Friday, March 14th. Benchmark reiterated a "buy" rating and issued a $190.00 price target on shares of NVIDIA in a research note on Wednesday, March 19th. HSBC downgraded 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. Finally, Citigroup reiterated a "buy" rating on shares of NVIDIA in a report on Wednesday, April 16th. Two research analysts have rated the stock with a sell rating, seven have given a hold rating, thirty-three have issued a buy rating and three have issued a strong buy rating to the company's stock. Based on data from MarketBeat, the company has a consensus rating of "Moderate Buy" and a consensus target price of $167.53.

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.

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