18,223 Shares in NVIDIA Co. (NASDAQ:NVDA) Purchased by Helium Advisors LLC

Helium Advisors LLC purchased a new position in NVIDIA Co. (NASDAQ:NVDA - Free Report) during the 4th quarter, according to its most recent 13F filing with the SEC. The firm purchased 18,223 shares of the computer hardware maker's stock, valued at approximately $2,447,000. NVIDIA comprises 1.9% of Helium Advisors LLC's investment portfolio, making the stock its 11th largest position.

A number of other large investors have also modified their holdings of NVDA. Regent Peak Wealth Advisors LLC boosted its position in shares of NVIDIA by 0.4% during the 4th quarter. Regent Peak Wealth Advisors LLC now owns 81,833 shares of the computer hardware maker's stock valued at $10,989,000 after acquiring an additional 322 shares in the last quarter. Wealth Group Ltd. lifted its stake in NVIDIA by 1.8% during the fourth quarter. Wealth Group Ltd. now owns 5,702 shares of the computer hardware maker's stock worth $766,000 after purchasing an additional 100 shares during the period. Websterrogers Financial Advisors LLC lifted its stake in NVIDIA by 4.4% during the fourth quarter. Websterrogers Financial Advisors LLC now owns 2,021 shares of the computer hardware maker's stock worth $271,000 after purchasing an additional 85 shares during the period. Redhawk Wealth Advisors Inc. boosted its holdings in NVIDIA by 1.2% during the fourth quarter. Redhawk Wealth Advisors Inc. now owns 126,877 shares of the computer hardware maker's stock valued at $17,038,000 after purchasing an additional 1,444 shares in the last quarter. Finally, Sendero Wealth Management LLC grew its stake in shares of NVIDIA by 3.6% in the 4th quarter. Sendero Wealth Management LLC now owns 141,294 shares of the computer hardware maker's stock valued at $18,974,000 after purchasing an additional 4,969 shares during the period. 65.27% of the stock is currently owned by institutional investors and hedge funds.

NVIDIA Price Performance

NVIDIA stock traded down $1.81 during trading hours on Thursday, reaching $140.11. 177,110,531 shares of the stock were exchanged, compared to its average volume of 281,992,109. The stock has a 50 day moving average of $117.19 and a two-hundred day moving average of $126.42. The company has a market cap of $3.42 trillion, a P/E ratio of 55.15, a price-to-earnings-growth ratio of 1.76 and a beta of 2.12. 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 Co. has a twelve month low of $86.62 and a twelve month high of $195.95.

NVIDIA (NASDAQ:NVDA - Get Free Report) last announced its quarterly earnings results 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). The firm had revenue of $44.06 billion during the quarter, compared to the consensus estimate of $43.09 billion. NVIDIA had a net margin of 55.69% and a return on equity of 114.83%. The firm's revenue was up 69.2% on a year-over-year basis. During the same quarter in the previous year, the company posted $0.61 earnings per share. Equities analysts expect that NVIDIA Co. will post 2.77 EPS for the current fiscal year.

NVIDIA Announces Dividend

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

Analyst Upgrades and Downgrades

Several analysts recently commented on NVDA shares. Needham & Company LLC reaffirmed a "buy" rating and issued a $160.00 price target on shares of NVIDIA in a research note on Thursday, May 29th. Morgan Stanley reaffirmed an "overweight" rating and set a $170.00 price objective (up previously from $160.00) on shares of NVIDIA in a report on Thursday, May 29th. DZ Bank raised NVIDIA from a "hold" rating to a "strong-buy" rating in a report on Friday, February 28th. Citigroup reaffirmed a "buy" rating and set a $180.00 price target (up from $150.00) on shares of NVIDIA in a report on Thursday, May 29th. Finally, Arete Research raised NVIDIA to a "strong-buy" rating in a research note on Wednesday, May 21st. One analyst has rated the stock with a sell rating, five have given a hold rating, thirty-six have issued a buy rating and three have issued a strong buy rating to the company. Based on data from MarketBeat, NVIDIA has a consensus rating of "Moderate Buy" and an average target price of $171.66.

Insider Activity

In related news, Director Mark A. Stevens sold 935,000 shares of the stock in a transaction on Tuesday, June 3rd. The shares were sold at an average price of $140.92, for a total transaction of $131,760,200.00. Following the transaction, the director now directly owns 9,214,697 shares of the company's stock, valued at $1,298,535,101.24. This represents a 9.21% decrease in their ownership of the stock. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which can be accessed through the SEC website. Also, Director Robert K. Burgess sold 50,000 shares of the business's stock in a transaction dated Friday, May 30th. The shares were sold at an average price of $134.82, for a total value of $6,741,000.00. Following the completion of the sale, the director now directly owns 201,044 shares of the company's stock, valued at $27,104,752.08. The trade was a 19.92% decrease in their ownership of the stock. The disclosure for this sale can be found here. In the last three months, insiders have sold 1,257,983 shares of company stock valued at $172,973,349. 4.17% of the stock is currently owned by insiders.

About NVIDIA

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.