NVIDIA Co. (NASDAQ:NVDA) Shares Sold by Security National Bank of Sioux City Iowa IA

Security National Bank of Sioux City Iowa IA cut its stake in NVIDIA Co. (NASDAQ:NVDA - Free Report) by 31.7% in the fourth quarter, according to its most recent Form 13F filing with the Securities & Exchange Commission. The firm owned 9,320 shares of the computer hardware maker's stock after selling 4,320 shares during the quarter. Security National Bank of Sioux City Iowa IA's holdings in NVIDIA were worth $1,252,000 as of its most recent filing with the Securities & Exchange Commission.

A number of other large investors have also recently made changes to their positions in the stock. Security National Bank of SO Dak raised its holdings in NVIDIA by 47.4% in the 4th quarter. Security National Bank of SO Dak now owns 16,552 shares of the computer hardware maker's stock worth $2,223,000 after purchasing an additional 5,320 shares during the period. SGL Investment Advisors Inc. grew its holdings in NVIDIA by 4.9% during the fourth quarter. SGL Investment Advisors Inc. now owns 5,388 shares of the computer hardware maker's stock valued at $707,000 after purchasing an additional 254 shares during the period. Shepherd Kaplan Krochuk LLC purchased a new stake in NVIDIA in the fourth quarter worth about $326,000. Silvercrest Asset Management Group LLC raised its stake in shares of NVIDIA by 17.1% in the fourth quarter. Silvercrest Asset Management Group LLC now owns 323,199 shares of the computer hardware maker's stock worth $43,402,000 after buying an additional 47,251 shares during the period. Finally, Raiffeisen Bank International AG purchased a new position in shares of NVIDIA during the 4th quarter valued at about $426,689,000. 65.27% of the stock is currently owned by institutional investors.

NVIDIA Stock Performance

Shares of NVIDIA stock traded down $4.91 during trading on Friday, hitting $134.28. 332,224,842 shares of the company's stock traded hands, compared to its average volume of 285,804,787. The business has a 50-day simple moving average of $115.20 and a 200-day simple moving average of $126.61. The company has a debt-to-equity ratio of 0.13, a current ratio of 4.10 and a quick ratio of 3.64. The stock has a market capitalization of $3.28 trillion, a P/E ratio of 52.85, a PEG ratio of 1.76 and a beta of 2.11. NVIDIA Co. has a 1 year low of $86.62 and a 1 year high of $195.95.

NVIDIA (NASDAQ:NVDA - Get Free Report) last issued its quarterly earnings results 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 business had revenue of $44.06 billion during the quarter, compared to analysts' expectations of $43.09 billion. During the same quarter in the previous year, the company posted $0.61 EPS. The company's quarterly revenue was up 69.2% on a year-over-year basis. As a group, analysts forecast 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. Investors of record on Wednesday, June 11th will be issued a dividend of $0.01 per share. The ex-dividend date is Wednesday, June 11th. This represents a $0.04 dividend on an annualized basis and a yield of 0.03%. NVIDIA's payout ratio is 1.29%.

Analysts Set New Price Targets

NVDA has been the subject of a number of recent analyst reports. Benchmark reiterated a "buy" rating and issued a $190.00 price target on shares of NVIDIA in a research report on Thursday. DZ Bank upgraded shares of NVIDIA from a "hold" rating to a "strong-buy" rating in a research note on Friday, February 28th. HSBC downgraded shares of NVIDIA from a "buy" rating to a "hold" rating and set a $120.00 target price for the company. in a report on Thursday, April 3rd. Bank of America raised their price target on NVIDIA from $150.00 to $160.00 and gave the company a "buy" rating in a report on Wednesday, May 14th. Finally, Mizuho boosted their price objective on NVIDIA from $168.00 to $170.00 and gave the company an "outperform" rating in a research report on Thursday. One investment analyst has rated the stock with a sell rating, five have assigned a hold rating, thirty-six have issued a buy rating and three have given a strong buy rating to the company. According to MarketBeat, NVIDIA currently has an average rating of "Moderate Buy" and an average price target of $171.66.

Insider Buying and Selling

In related news, CFO Colette Kress sold 66,660 shares of the business's stock in a transaction on Friday, March 21st. The stock was sold at an average price of $116.83, for a total transaction of $7,787,887.80. Following the transaction, the chief financial officer now directly owns 3,085,765 shares in the company, valued at $360,509,924.95. The trade was a 2.11% decrease in their position. The sale was disclosed in a filing with the Securities & Exchange Commission, which is available through this link. Also, Director John Dabiri sold 2,663 shares of the business's stock in a transaction dated Monday, March 10th. The shares were sold at an average price of $110.00, for a total value of $292,930.00. Following the sale, the director now owns 17,279 shares in the company, valued at approximately $1,900,690. The trade was a 13.35% decrease in their position. 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 over the last quarter. 4.17% of the stock is owned by corporate insiders.

NVIDIA 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.