NVIDIA Co. (NASDAQ:NVDA) Stock Holdings Lifted by Anderson Hoagland & Co.

Anderson Hoagland & Co. grew its holdings in NVIDIA Co. (NASDAQ:NVDA - Free Report) by 8.1% during the first quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The institutional investor owned 289,587 shares of the computer hardware maker's stock after purchasing an additional 21,748 shares during the quarter. NVIDIA comprises approximately 3.9% of Anderson Hoagland & Co.'s portfolio, making the stock its 5th largest holding. Anderson Hoagland & Co.'s holdings in NVIDIA were worth $31,385,000 as of its most recent SEC filing.

A number of other institutional investors have also bought and sold shares of NVDA. Tacita Capital Inc purchased a new position in NVIDIA in the 4th quarter worth approximately $28,000. Vision Financial Markets LLC purchased a new position in NVIDIA in the 4th quarter worth approximately $38,000. Luken Investment Analytics LLC purchased a new position in NVIDIA in the 4th quarter worth approximately $40,000. Copia Wealth Management acquired a new stake in shares of NVIDIA during the 4th quarter worth approximately $50,000. Finally, LSV Asset Management acquired a new stake in shares of NVIDIA during the 4th quarter worth approximately $54,000. 65.27% of the stock is owned by hedge funds and other institutional investors.

Insider Transactions at NVIDIA

In other news, Director Tench Coxe sold 1,000,000 shares of NVIDIA stock in a transaction on Monday, June 9th. The shares were sold at an average price of $142.80, for a total transaction of $142,800,000.00. Following the completion of the sale, the director now directly owns 26,671,360 shares of the company's stock, valued at approximately $3,808,670,208. The trade was a 3.61% decrease in their position. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is accessible through the SEC website. Also, 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 transaction of $2,368,400.00. Following the completion of the sale, the director now directly owns 53,208 shares of the company's stock, valued at approximately $6,300,891.36. This trade represents a 27.32% decrease in their ownership of the stock. The disclosure for this sale can be found here. In the last three months, insiders sold 2,560,845 shares of company stock valued at $360,351,849. Insiders own 4.17% of the company's stock.

Analyst Ratings Changes

A number of brokerages have recently issued reports on NVDA. Barclays restated an "overweight" rating and set a $170.00 price target (up previously from $155.00) on shares of NVIDIA in a report on Thursday, May 29th. William Blair restated an "outperform" rating on shares of NVIDIA in a report on Thursday, March 20th. Wedbush restated an "outperform" rating on shares of NVIDIA in a report on Thursday, May 29th. Cantor Fitzgerald restated an "overweight" rating and set a $200.00 price target on shares of NVIDIA in a report on Wednesday, April 16th. Finally, Raymond James raised their price target on shares of NVIDIA from $150.00 to $165.00 and gave the stock a "strong-buy" rating in a report on Thursday, May 29th. One equities research analyst has rated the stock with a sell rating, five have given a hold rating, thirty-five have assigned a buy rating and three have assigned a strong buy rating to the company. According to MarketBeat, the company presently has an average rating of "Moderate Buy" and an average price target of $172.24.

NVIDIA Stock Performance

NASDAQ:NVDA opened at $141.97 on Friday. The company has a fifty day simple moving average of $122.77 and a two-hundred day simple moving average of $126.44. The company has a market cap of $3.46 trillion, a price-to-earnings ratio of 55.87, a price-to-earnings-growth ratio of 1.76 and a beta of 2.12. The company has a quick ratio of 3.64, a current ratio of 4.10 and a debt-to-equity ratio of 0.13. NVIDIA Co. has a 52 week low of $86.62 and a 52 week high of $153.13.

NVIDIA (NASDAQ:NVDA - Get Free Report) last posted its quarterly earnings results on Wednesday, May 28th. The computer hardware maker reported $0.81 EPS for the quarter, missing the consensus estimate of $0.87 by ($0.06). The business had revenue of $44.06 billion during the quarter, compared to analyst estimates of $43.09 billion. NVIDIA had a return on equity of 114.83% and a net margin of 55.69%. The business's revenue was up 69.2% on a year-over-year basis. During the same quarter last year, the firm earned $0.61 EPS. As a group, equities analysts anticipate that NVIDIA Co. will post 2.77 earnings per share for the current fiscal year.

NVIDIA Announces Dividend

The company 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 dividend of $0.01 per share. The ex-dividend date of this dividend is Wednesday, June 11th. This represents a $0.04 annualized dividend and a dividend yield of 0.03%. NVIDIA's dividend payout ratio (DPR) is currently 1.29%.

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.

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