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Hill Island Financial LLC Has $5.70 Million Stock Holdings in NVIDIA Corporation $NVDA

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Key Points

  • Hill Island Financial boosted its stake in NVIDIA (NVDA) by 17.4% in Q4 to 30,556 shares worth $5.699 million, representing about 1.4% of the firm's holdings and its 15th-largest position.
  • NVIDIA reported an earnings beat—$1.62 EPS vs. $1.54 expected and $68.13 billion in revenue, up 73.2% year-over-year—and carries a Wall Street consensus "Buy" rating with a $275.25 target.
  • Notable insider selling has occurred recently (about 953,976 shares worth ~$171.2 million in the last three months), while institutional investors own 65.27% of the company and insiders hold 4.17%.
  • Interested in NVIDIA? Here are five stocks we like better.

Hill Island Financial LLC grew its position in NVIDIA Corporation (NASDAQ:NVDA - Free Report) by 17.4% during the 4th quarter, according to its most recent 13F filing with the SEC. The institutional investor owned 30,556 shares of the computer hardware maker's stock after purchasing an additional 4,537 shares during the period. NVIDIA comprises approximately 1.4% of Hill Island Financial LLC's holdings, making the stock its 15th biggest holding. Hill Island Financial LLC's holdings in NVIDIA were worth $5,699,000 as of its most recent filing with the SEC.

Several other institutional investors and hedge funds also recently made changes to their positions in NVDA. Brighton Jones LLC boosted its stake in shares of NVIDIA by 12.4% in the 4th quarter. Brighton Jones LLC now owns 324,901 shares of the computer hardware maker's stock valued at $43,631,000 after purchasing an additional 35,815 shares in the last quarter. Bank Pictet & Cie Europe AG boosted its stake in shares of NVIDIA by 1.0% in the 4th quarter. Bank Pictet & Cie Europe AG now owns 2,346,417 shares of the computer hardware maker's stock valued at $315,100,000 after purchasing an additional 22,929 shares in the last quarter. Highview Capital Management LLC DE boosted its stake in shares of NVIDIA by 6.7% in the 4th quarter. Highview Capital Management LLC DE now owns 58,396 shares of the computer hardware maker's stock valued at $7,842,000 after purchasing an additional 3,653 shares in the last quarter. Hudson Value Partners LLC boosted its stake in shares of NVIDIA by 30.7% in the 4th quarter. Hudson Value Partners LLC now owns 50,658 shares of the computer hardware maker's stock valued at $6,805,000 after purchasing an additional 11,900 shares in the last quarter. Finally, Wealth Group Ltd. boosted its stake in shares of NVIDIA by 15.7% in the 1st quarter. Wealth Group Ltd. now owns 6,598 shares of the computer hardware maker's stock valued at $715,000 after purchasing an additional 896 shares in the last quarter. Institutional investors and hedge funds own 65.27% of the company's stock.

NVIDIA Stock Performance

Shares of NASDAQ:NVDA opened at $199.64 on Friday. The stock has a market capitalization of $4.85 trillion, a P/E ratio of 40.74, a P/E/G ratio of 0.67 and a beta of 2.34. NVIDIA Corporation has a 1-year low of $103.11 and a 1-year high of $212.19. The company has a current ratio of 3.91, a quick ratio of 3.24 and a debt-to-equity ratio of 0.05. The business has a 50-day moving average price of $184.33 and a two-hundred day moving average price of $185.38.

NVIDIA (NASDAQ:NVDA - Get Free Report) last announced its quarterly earnings data on Wednesday, February 25th. The computer hardware maker reported $1.62 earnings per share for the quarter, topping the consensus estimate of $1.54 by $0.08. The firm had revenue of $68.13 billion during the quarter, compared to analysts' expectations of $65.56 billion. NVIDIA had a return on equity of 97.37% and a net margin of 55.60%.The company's quarterly revenue was up 73.2% compared to the same quarter last year. During the same period in the previous year, the business posted $0.89 EPS. Equities analysts predict that NVIDIA Corporation will post 7.77 earnings per share for the current year.

NVIDIA Announces Dividend

The company also recently disclosed a quarterly dividend, which was paid on Wednesday, April 1st. Shareholders of record on Wednesday, March 11th were issued a dividend of $0.01 per share. This represents a $0.04 annualized dividend and a yield of 0.0%. The ex-dividend date of this dividend was Wednesday, March 11th. NVIDIA's payout ratio is currently 0.82%.

Wall Street Analysts Forecast Growth

Several research analysts recently issued reports on NVDA shares. Weiss Ratings reiterated a "buy (b)" rating on shares of NVIDIA in a research report on Friday, April 10th. Stifel Nicolaus set a $250.00 price target on shares of NVIDIA in a research report on Thursday, January 8th. CICC Research upped their price target on shares of NVIDIA from $228.00 to $240.60 and gave the stock an "outperform" rating in a research report on Friday, February 27th. KeyCorp reiterated an "overweight" rating and set a $275.00 price target on shares of NVIDIA in a research report on Tuesday, March 17th. Finally, Royal Bank Of Canada reiterated an "outperform" rating and set a $250.00 price target on shares of NVIDIA in a research report on Tuesday, March 17th. Four equities research analysts have rated the stock with a Strong Buy rating, forty-eight have issued a Buy rating and two have assigned a Hold rating to the company. According to data from MarketBeat.com, the company presently has a consensus rating of "Buy" and a consensus target price of $275.25.

Read Our Latest Report on NVIDIA

Key Stories Impacting NVIDIA

Here are the key news stories impacting NVIDIA this week:

Insider Activity

In other news, Director Mark A. Stevens sold 221,682 shares of the company's stock in a transaction dated Friday, March 20th. The stock was sold at an average price of $173.68, for a total value of $38,501,729.76. Following the completion of the sale, the director directly owned 7,399,771 shares of the company's stock, valued at $1,285,192,227.28. This represents a 2.91% decrease in their position. The sale was disclosed in a legal filing with the SEC, which is available through this hyperlink. Also, Director John Dabiri sold 3,004 shares of the company's stock in a transaction dated Friday, March 13th. The shares were sold at an average price of $184.90, for a total value of $555,439.60. Following the completion of the sale, the director directly owned 14,788 shares of the company's stock, valued at approximately $2,734,301.20. This trade represents a 16.88% decrease in their ownership of the stock. The SEC filing for this sale provides additional information. In the last three months, insiders sold 953,976 shares of company stock worth $171,173,819. Corporate insiders own 4.17% of the company's stock.

NVIDIA Profile

(Free Report)

NVIDIA Corporation, founded in 1993 and headquartered in Santa Clara, California, is a global technology company that designs and develops graphics processing units (GPUs) and system-on-chip (SoC) technologies. Co-founded by Jensen Huang, who serves as president and chief executive officer, along with Chris Malachowsky and Curtis Priem, NVIDIA has grown from a graphics-focused chipmaker into a broad provider of accelerated computing hardware and software for multiple industries.

The company's product portfolio spans discrete GPUs for gaming and professional visualization (marketed under the GeForce and NVIDIA RTX lines), high-performance data center accelerators used for AI training and inference (including widely adopted platforms such as the A100 and H100 series), and Tegra SoCs for automotive and edge applications.

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Institutional Ownership by Quarter for NVIDIA (NASDAQ:NVDA)

This instant news alert was generated by narrative science technology and financial data from MarketBeat in order to provide readers with the fastest reporting and unbiased coverage. Please send any questions or comments about this story to contact@marketbeat.com.

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