Vectors Research Management LLC Sells 4,096 Shares of NVIDIA Co. (NASDAQ:NVDA)

Vectors Research Management LLC decreased its stake in NVIDIA Co. (NASDAQ:NVDA - Free Report) by 11.5% in the fourth quarter, according to its most recent filing with the Securities & Exchange Commission. The firm owned 31,383 shares of the computer hardware maker's stock after selling 4,096 shares during the quarter. NVIDIA accounts for about 1.4% of Vectors Research Management LLC's investment portfolio, making the stock its 17th largest holding. Vectors Research Management LLC's holdings in NVIDIA were worth $4,214,000 as of its most recent filing with the Securities & Exchange Commission.

Other institutional investors have also recently bought and sold shares of the company. WPWealth LLP lifted its holdings in shares of NVIDIA by 9.4% in the fourth quarter. WPWealth LLP now owns 12,013 shares of the computer hardware maker's stock valued at $1,613,000 after purchasing an additional 1,033 shares in the last quarter. Wealth Dimensions Group Ltd. lifted its stake in NVIDIA by 15.7% in the 4th quarter. Wealth Dimensions Group Ltd. now owns 48,004 shares of the computer hardware maker's stock worth $6,446,000 after acquiring an additional 6,497 shares in the last quarter. TD Waterhouse Canada Inc. boosted its position in NVIDIA by 5.6% during the 4th quarter. TD Waterhouse Canada Inc. now owns 1,326,815 shares of the computer hardware maker's stock worth $178,059,000 after acquiring an additional 69,888 shares during the period. Tower Research Capital LLC TRC grew its stake in NVIDIA by 114.5% during the 4th quarter. Tower Research Capital LLC TRC now owns 1,742,933 shares of the computer hardware maker's stock valued at $234,058,000 after acquiring an additional 930,495 shares in the last quarter. Finally, Transatlantique Private Wealth LLC lifted its position in shares of NVIDIA by 18.1% in the fourth quarter. Transatlantique Private Wealth LLC now owns 9,487 shares of the computer hardware maker's stock worth $1,274,000 after purchasing an additional 1,455 shares in the last quarter. Hedge funds and other institutional investors own 65.27% of the company's stock.

Insider Activity at NVIDIA

In other news, Director Aarti S. Shah sold 20,000 shares of the business's stock in a transaction on 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 sale, the director now owns 53,208 shares in the company, valued at approximately $6,300,891.36. The trade was a 27.32% decrease in their position. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is accessible through this link. Also, Director John Dabiri sold 2,663 shares of the company's stock in a transaction dated Monday, March 10th. The stock was sold at an average price of $110.00, for a total transaction of $292,930.00. Following the completion of the sale, the director now directly 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 in the last 90 days. 4.23% of the stock is owned by corporate insiders.

Analyst Ratings Changes

NVDA has been the topic of several research reports. KeyCorp set a $190.00 price objective on shares of NVIDIA in a research note on Wednesday, March 19th. William Blair reiterated an "outperform" rating on shares of NVIDIA in a report on Thursday, March 20th. Hsbc Global Res downgraded NVIDIA from a "strong-buy" rating to a "hold" rating in a research note on Thursday, April 3rd. Piper Sandler reaffirmed an "overweight" rating on shares of NVIDIA in a research note on Friday, April 25th. Finally, Mizuho lowered their price target on NVIDIA from $175.00 to $168.00 and set an "outperform" rating for the company in a research note on Friday, March 14th. One investment analyst has rated the stock with a sell rating, six have issued a hold rating, thirty-six have assigned a buy rating and two have issued a strong buy rating to the stock. Based on data from MarketBeat.com, the stock currently has an average rating of "Moderate Buy" and an average target price of $164.84.

NVIDIA Stock Performance

Shares of NVDA traded up $0.57 on Friday, reaching $135.40. 221,859,039 shares of the stock traded hands, compared to its average volume of 294,737,502. The firm has a market cap of $3.31 trillion, a price-to-earnings ratio of 53.29, a P/E/G ratio of 1.76 and a beta of 2.11. NVIDIA Co. has a 12 month low of $86.62 and a 12 month high of $195.95. The stock's 50-day moving average price is $112.33 and its 200-day moving average price is $126.97. The company has a debt-to-equity ratio of 0.13, a current ratio of 4.10 and a quick ratio of 3.64.

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

NVIDIA Announces Dividend

The business also recently announced a quarterly dividend, which was paid on Wednesday, April 2nd. Investors of record on Wednesday, March 12th were given a dividend of $0.01 per share. The ex-dividend date of this dividend was Wednesday, March 12th. This represents a $0.04 annualized dividend and a dividend yield of 0.03%. NVIDIA's dividend payout ratio (DPR) is presently 1.36%.

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.