Guardian Wealth Advisors LLC NC Acquires 13,906 Shares of NVIDIA Co. (NASDAQ:NVDA)

Guardian Wealth Advisors LLC NC grew its position in shares of NVIDIA Co. (NASDAQ:NVDA - Free Report) by 8.9% in the 4th quarter, according to the company in its most recent filing with the Securities and Exchange Commission (SEC). The fund owned 170,951 shares of the computer hardware maker's stock after buying an additional 13,906 shares during the quarter. NVIDIA makes up about 1.8% of Guardian Wealth Advisors LLC NC's investment portfolio, making the stock its 11th largest holding. Guardian Wealth Advisors LLC NC's holdings in NVIDIA were worth $22,957,000 at the end of the most recent reporting period.

Several other institutional investors have also made changes to their positions in NVDA. Regent Peak Wealth Advisors LLC lifted its holdings in NVIDIA by 0.4% in the 4th quarter. Regent Peak Wealth Advisors LLC now owns 81,833 shares of the computer hardware maker's stock worth $10,989,000 after purchasing an additional 322 shares during the last quarter. Partnership Wealth Management LLC increased its position in shares of NVIDIA by 4.6% during the fourth quarter. Partnership Wealth Management LLC now owns 9,809 shares of the computer hardware maker's stock valued at $1,317,000 after purchasing an additional 429 shares during the period. Wealth Group Ltd. grew its position in NVIDIA by 1.8% in the fourth quarter. Wealth Group Ltd. now owns 5,702 shares of the computer hardware maker's stock valued at $766,000 after acquiring an additional 100 shares during the period. Baker Tilly Wealth Management LLC grew its position in NVIDIA by 0.8% in the fourth quarter. Baker Tilly Wealth Management LLC now owns 58,975 shares of the computer hardware maker's stock valued at $7,920,000 after acquiring an additional 469 shares during the period. Finally, ORG Partners LLC grew its position in NVIDIA by 23.5% in the fourth quarter. ORG Partners LLC now owns 71,958 shares of the computer hardware maker's stock valued at $9,664,000 after acquiring an additional 13,669 shares during the period. 65.27% of the stock is currently owned by institutional investors and hedge funds.

Analyst Ratings Changes

Several equities analysts have recently issued reports on the company. Arete Research raised NVIDIA to a "strong-buy" rating in a research note on Wednesday, May 21st. William Blair reaffirmed an "outperform" rating on shares of NVIDIA in a research report on Thursday, March 20th. DZ Bank raised NVIDIA from a "hold" rating to a "strong-buy" rating in a research report on Friday, February 28th. Hsbc Global Res lowered NVIDIA from a "strong-buy" rating to a "hold" rating in a research report on Thursday, April 3rd. Finally, Summit Insights lowered NVIDIA from a "buy" rating to a "hold" rating in a research report on Thursday, February 27th. Two 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 given a strong buy rating to the company. According to data from MarketBeat.com, the company has an average rating of "Moderate Buy" and a consensus target price of $167.53.

NVIDIA Trading Down 0.5%

NVDA traded down $0.69 during mid-day trading on Wednesday, hitting $134.81. The stock had a trading volume of 290,644,109 shares, compared to its average volume of 288,583,015. The stock's fifty day simple moving average is $114.51 and its 200-day simple moving average is $126.60. The company has a debt-to-equity ratio of 0.13, a current ratio of 4.10 and a quick ratio of 3.64. NVIDIA Co. has a 1-year low of $86.62 and a 1-year high of $195.95. The firm has a market capitalization of $3.30 trillion, a price-to-earnings ratio of 53.05, a price-to-earnings-growth ratio of 1.76 and a beta of 2.11.

NVIDIA (NASDAQ:NVDA - Get Free Report) last announced its quarterly earnings data on Wednesday, May 28th. The computer hardware maker reported $0.81 EPS for the quarter, missing analysts' consensus estimates of $0.87 by ($0.06). NVIDIA had a net margin of 55.69% and a return on equity of 114.83%. During the same quarter in the prior year, the company posted $0.61 earnings per share. As a group, research analysts forecast that NVIDIA Co. will post 2.77 EPS for the current fiscal year.

Insider Buying and Selling at NVIDIA

In related news, Director Aarti S. Shah sold 20,000 shares of NVIDIA stock in a transaction that occurred on Thursday, March 20th. The shares were sold at an average price of $118.42, for a total transaction of $2,368,400.00. Following the sale, 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 sale was disclosed in a document filed with the SEC, which is available through this hyperlink. Also, 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 transaction of $292,930.00. Following the sale, the director now directly owns 17,279 shares in the company, valued at $1,900,690. The trade was a 13.35% decrease in their ownership of the stock. The disclosure for this sale can be found here. Insiders have sold a total of 147,147 shares of company stock valued at $17,133,207 in the last ninety days. 4.17% of the stock is currently 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.