NVIDIA Co. (NASDAQ:NVDA) Shares Bought by Drucker Wealth 3.0 LLC

Drucker Wealth 3.0 LLC raised its position in NVIDIA Co. (NASDAQ:NVDA - Free Report) by 25.2% during the 4th quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The fund owned 25,567 shares of the computer hardware maker's stock after purchasing an additional 5,143 shares during the quarter. Drucker Wealth 3.0 LLC's holdings in NVIDIA were worth $3,433,000 as of its most recent SEC filing.

Several other institutional investors and hedge funds also recently bought and sold shares of the company. Tacita Capital Inc purchased a new position in NVIDIA during the 4th quarter valued at about $28,000. Vision Financial Markets LLC acquired a new stake in shares of NVIDIA in the fourth quarter worth approximately $38,000. Luken Investment Analytics LLC acquired a new position in NVIDIA during the fourth quarter valued at approximately $40,000. LSV Asset Management acquired a new position in NVIDIA during the fourth quarter valued at approximately $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 in the last quarter. 65.27% of the stock is currently owned by institutional investors and hedge funds.

Analyst Ratings Changes

A number of research analysts have recently commented on the stock. Tigress Financial reissued a "buy" rating on shares of NVIDIA in a research report on Wednesday, February 26th. William Blair reiterated an "outperform" rating on shares of NVIDIA in a research note on Thursday, March 20th. Hsbc Global Res downgraded shares of NVIDIA from a "strong-buy" rating to a "hold" rating in a report on Thursday, April 3rd. Truist Financial upped their price objective on shares of NVIDIA from $205.00 to $210.00 and gave the stock a "buy" rating in a report on Thursday, May 29th. Finally, DZ Bank raised shares of NVIDIA from a "hold" rating to a "strong-buy" rating in a report on Friday, February 28th. One equities research analyst has rated the stock with a sell rating, five have given a hold rating, thirty-six have given a buy rating and three have assigned a strong buy rating to the company's stock. According to MarketBeat.com, NVIDIA presently has a consensus rating of "Moderate Buy" and a consensus price target of $171.66.

NVIDIA Trading Down 1.4%

NVDA traded down $1.93 during mid-day trading on Thursday, reaching $139.99. The stock had a trading volume of 228,903,974 shares, compared to its average volume of 282,161,719. The firm's fifty day simple moving average is $117.19 and its two-hundred day simple moving average is $126.42. 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 stock has a market capitalization of $3.42 trillion, a P/E ratio of 55.09, a P/E/G ratio of 1.76 and a beta of 2.12. 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 issued its quarterly earnings data on Wednesday, May 28th. The computer hardware maker reported $0.81 earnings per share (EPS) for the quarter, missing analysts' consensus estimates of $0.87 by ($0.06). NVIDIA had a return on equity of 114.83% and a net margin of 55.69%. The firm had revenue of $44.06 billion for the quarter, compared to the consensus estimate of $43.09 billion. During the same quarter in the prior year, the firm earned $0.61 EPS. The company's revenue was up 69.2% on a year-over-year basis. On average, equities analysts predict that NVIDIA Co. will post 2.77 EPS for the current year.

NVIDIA Dividend Announcement

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

Insider Activity at NVIDIA

In related news, Director Aarti S. Shah sold 20,000 shares of the firm's stock in a transaction dated Thursday, March 20th. The stock was sold at an average price of $118.42, for a total value of $2,368,400.00. Following the sale, the director now directly owns 53,208 shares of the company's stock, valued at $6,300,891.36. This trade represents a 27.32% decrease in their ownership of the stock. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is available through this link. Also, Director Mark A. Stevens sold 125,836 shares of the business's stock in a transaction that occurred on Monday, June 2nd. The stock was sold at an average price of $137.79, for a total value of $17,338,942.44. Following the completion of the sale, the director now directly owns 10,149,697 shares in the company, valued at approximately $1,398,526,749.63. This represents a 1.22% decrease in their ownership of the stock. The disclosure for this sale can be found here. Over the last three months, insiders sold 1,257,983 shares of company stock valued at $172,973,349. 4.17% of the stock is 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.