NVIDIA Co. (NASDAQ:NVDA) Shares Acquired by Breed s Hill Capital LLC

Breed s Hill Capital LLC increased its holdings in NVIDIA Co. (NASDAQ:NVDA - Free Report) by 918.1% in the fourth quarter, according to its most recent Form 13F filing with the Securities & Exchange Commission. The firm owned 92,087 shares of the computer hardware maker's stock after acquiring an additional 83,042 shares during the quarter. NVIDIA comprises approximately 6.5% of Breed s Hill Capital LLC's portfolio, making the stock its 2nd biggest position. Breed s Hill Capital LLC's holdings in NVIDIA were worth $12,366,000 as of its most recent SEC filing.

Several other large investors have also added to or reduced their stakes in NVDA. Tacita Capital Inc bought a new position in shares of NVIDIA in the 4th quarter worth approximately $28,000. Vision Financial Markets LLC purchased a new stake in NVIDIA in the fourth quarter worth $38,000. Luken Investment Analytics LLC bought a new position in NVIDIA in the fourth quarter worth $40,000. LSV Asset Management purchased a new position in NVIDIA during the fourth quarter valued at $54,000. Finally, Delos Wealth Advisors LLC lifted its position in NVIDIA by 134.8% during the fourth quarter. Delos Wealth Advisors LLC now owns 493 shares of the computer hardware maker's stock valued at $66,000 after buying an additional 283 shares during the period. Institutional investors own 65.27% of the company's stock.

Wall Street Analyst Weigh In

NVDA has been the subject of a number of recent research reports. Needham & Company LLC reiterated a "buy" rating and set a $160.00 price objective on shares of NVIDIA in a research note on Thursday, May 29th. KeyCorp set a $190.00 price target on shares of NVIDIA in a research note on Wednesday, March 19th. Barclays restated an "overweight" rating and set a $170.00 price objective (up from $155.00) on shares of NVIDIA in a research note on Thursday, May 29th. Benchmark reaffirmed a "buy" rating and issued a $190.00 target price on shares of NVIDIA in a report on Thursday, May 29th. Finally, Arete Research upgraded shares of NVIDIA to a "strong-buy" rating in a report on Wednesday, May 21st. One investment analyst has rated the stock with a sell rating, five have issued a hold rating, thirty-six have given a buy rating and three have given a strong buy rating to the stock. According to data from MarketBeat.com, NVIDIA currently has a consensus rating of "Moderate Buy" and a consensus target price of $171.66.

NVIDIA Stock Up 1.3%

NVDA traded up $1.80 during midday trading on Friday, reaching $141.79. The company's stock had a trading volume of 63,730,530 shares, compared to its average volume of 280,332,772. NVIDIA Co. has a 1 year low of $86.62 and a 1 year high of $195.95. The stock's 50-day moving average is $117.82 and its 200-day moving average is $126.42. The firm has a market capitalization of $3.46 trillion, a price-to-earnings ratio of 55.80, a PEG 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 (NASDAQ:NVDA - Get Free Report) last issued its earnings results 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 business had revenue of $44.06 billion during the quarter, compared to analysts' expectations of $43.09 billion. NVIDIA had a return on equity of 114.83% and a net margin of 55.69%. NVIDIA's quarterly revenue was up 69.2% compared to the same quarter last year. During the same period last year, the firm posted $0.61 EPS. As a group, research analysts expect that NVIDIA Co. will post 2.77 EPS for the current year.

NVIDIA Announces Dividend

The firm also recently disclosed a quarterly dividend, which will be paid on Thursday, July 3rd. Stockholders 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 annualized dividend and a dividend yield of 0.03%. NVIDIA's payout ratio is 1.29%.

Insider Transactions at NVIDIA

In other NVIDIA news, Director Mark A. Stevens sold 935,000 shares of the business's stock in a transaction dated Tuesday, June 3rd. The shares were sold at an average price of $140.92, for a total value of $131,760,200.00. Following the completion of the sale, the director now directly owns 9,214,697 shares of the company's stock, valued at $1,298,535,101.24. The trade was a 9.21% decrease in their position. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is available at this hyperlink. Also, insider Donald F. Robertson, Jr. sold 4,500 shares of the stock in a transaction on Friday, March 21st. The stock was sold at an average price of $116.80, for a total value of $525,600.00. Following the transaction, the insider now directly owns 479,428 shares in the company, valued at $55,997,190.40. The trade was a 0.93% decrease in their position. The disclosure for this sale can be found here. Insiders sold a total of 1,257,983 shares of company stock valued at $172,973,349 over the last 90 days. Company insiders own 4.17% of the company's stock.

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.