NVIDIA Co. (NASDAQ:NVDA) Shares Sold by Two Sigma Securities LLC

Two Sigma Securities LLC lessened its holdings in shares of NVIDIA Co. (NASDAQ:NVDA - Free Report) by 46.5% during the 4th quarter, according to its most recent filing with the Securities and Exchange Commission. The firm owned 10,527 shares of the computer hardware maker's stock after selling 9,133 shares during the quarter. Two Sigma Securities LLC's holdings in NVIDIA were worth $1,414,000 at the end of the most recent quarter.

Several other institutional investors and hedge funds also recently added to or reduced their stakes in NVDA. Tacita Capital Inc purchased a new stake in NVIDIA during the fourth quarter valued at approximately $28,000. Legend Financial Advisors Inc. purchased a new position in shares of NVIDIA in the 4th quarter worth approximately $34,000. Vision Financial Markets LLC purchased a new position in shares of NVIDIA in the 4th quarter worth approximately $38,000. Luken Investment Analytics LLC purchased a new position in shares of NVIDIA in the 4th quarter worth approximately $40,000. Finally, Lowe Wealth Advisors LLC purchased a new position in shares of NVIDIA in the 4th quarter worth approximately $46,000. Institutional investors own 65.27% of the company's stock.

NVIDIA Stock Down 0.9%

Shares of NVIDIA stock traded down $1.19 during trading on Tuesday, reaching $134.38. The company's stock had a trading volume of 160,519,454 shares, compared to its average volume of 293,703,320. The company has a quick ratio of 3.64, a current ratio of 4.10 and a debt-to-equity ratio of 0.13. The company has a market cap of $3.29 trillion, a price-to-earnings ratio of 52.88, a P/E/G 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. The company has a 50-day simple moving average of $112.73 and a two-hundred day simple moving average of $126.93.

NVIDIA (NASDAQ:NVDA - Get Free Report) last released its quarterly earnings results on Wednesday, February 26th. The computer hardware maker reported $0.89 EPS for the quarter, beating analysts' consensus estimates of $0.84 by $0.05. NVIDIA had a return on equity of 114.83% and a net margin of 55.69%. The company had revenue of $39.33 billion during the quarter, compared to analysts' expectations of $38.16 billion. As a group, equities analysts forecast that NVIDIA Co. will post 2.77 earnings per share for the current year.

NVIDIA Dividend Announcement

The firm also recently declared a quarterly dividend, which was paid on Wednesday, April 2nd. Shareholders of record on Wednesday, March 12th were paid a $0.01 dividend. This represents a $0.04 dividend on an annualized basis and a yield of 0.03%. The ex-dividend date was Wednesday, March 12th. NVIDIA's dividend payout ratio (DPR) is presently 1.36%.

Insider Buying and Selling at NVIDIA

In other NVIDIA news, Director Robert K. Burgess sold 53,324 shares of the stock in a transaction dated Thursday, March 13th. The stock was sold at an average price of $115.49, for a total value of $6,158,388.76. Following the completion of the sale, the director now directly owns 251,044 shares in the company, valued at approximately $28,993,071.56. This trade represents a 17.52% decrease in their ownership of the stock. The transaction was disclosed in a filing with the SEC, which can be accessed through the SEC website. Also, Director Aarti S. Shah sold 20,000 shares of the stock in a transaction dated Thursday, March 20th. The shares were sold at an average price of $118.42, for a total value of $2,368,400.00. Following the completion of the transaction, the director now directly owns 53,208 shares in the company, valued at $6,300,891.36. This represents a 27.32% decrease in their ownership of the stock. The disclosure for this sale can be found here. Over the last ninety days, insiders sold 147,147 shares of company stock worth $17,133,207. 4.23% of the stock is owned by insiders.

Wall Street Analysts Forecast Growth

A number of equities analysts have recently commented on NVDA shares. DA Davidson dropped their target price on NVIDIA from $125.00 to $120.00 and set a "neutral" rating for the company in a report on Monday, April 14th. TD Cowen dropped their price objective on NVIDIA from $175.00 to $140.00 and set a "buy" rating for the company in a report on Wednesday, April 9th. Mizuho dropped their price objective on NVIDIA from $175.00 to $168.00 and set an "outperform" rating for the company in a report on Friday, March 14th. UBS Group dropped their price objective on NVIDIA from $180.00 to $175.00 and set a "buy" rating for the company in a report on Monday, May 12th. Finally, Cantor Fitzgerald restated an "overweight" rating and set a $200.00 price objective on shares of NVIDIA in a report on Wednesday, April 16th. One investment analyst has rated the stock with a sell rating, six have issued a hold rating, thirty-six have issued a buy rating and two have assigned a strong buy rating to the company. According to data from MarketBeat.com, the stock has a consensus rating of "Moderate Buy" and an average target price of $164.84.

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.