NVIDIA Corporation (NASDAQ:NVDA) Stock Position Raised by Compass Capital Corp MA ADV

Compass Capital Corp MA ADV boosted its holdings in shares of NVIDIA Corporation (NASDAQ:NVDA - Free Report) by 11.8% in the 1st quarter, according to the company in its most recent 13F filing with the Securities & Exchange Commission. The firm owned 39,007 shares of the computer hardware maker's stock after purchasing an additional 4,103 shares during the quarter. NVIDIA comprises approximately 2.1% of Compass Capital Corp MA ADV's holdings, making the stock its 9th largest position. Compass Capital Corp MA ADV's holdings in NVIDIA were worth $4,078,000 at the end of the most recent quarter.

Several other large investors have also recently added to or reduced their stakes in the company. GSB Wealth Management LLC raised its holdings in shares of NVIDIA by 3.3% in the 1st quarter. GSB Wealth Management LLC now owns 32,611 shares of the computer hardware maker's stock worth $3,534,000 after buying an additional 1,043 shares in the last quarter. Variant Private Wealth LLC raised its holdings in shares of NVIDIA by 20.6% in the 1st quarter. Variant Private Wealth LLC now owns 18,800 shares of the computer hardware maker's stock worth $2,038,000 after buying an additional 3,206 shares in the last quarter. Financial Perspectives Inc raised its holdings in shares of NVIDIA by 2.8% in the 1st quarter. Financial Perspectives Inc now owns 45,958 shares of the computer hardware maker's stock worth $4,981,000 after buying an additional 1,265 shares in the last quarter. Hickory Point Bank & Trust acquired a new position in shares of NVIDIA in the 4th quarter worth approximately $2,272,000. Finally, Pegasus Asset Management Inc. increased its holdings in NVIDIA by 0.3% during the 1st quarter. Pegasus Asset Management Inc. now owns 76,750 shares of the computer hardware maker's stock valued at $8,318,000 after purchasing an additional 197 shares in the last quarter. Institutional investors and hedge funds own 65.27% of the company's stock.

Insider Buying and Selling at NVIDIA

In other news, CEO Jen Hsun Huang sold 75,000 shares of the business's stock in a transaction dated Monday, July 7th. The stock was sold at an average price of $158.35, for a total value of $11,876,250.00. Following the transaction, the chief executive officer directly owned 75,023,225 shares of the company's stock, valued at $11,879,927,678.75. The trade was a 0.10% decrease in their position. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is available through this link. Also, Director A Brooke Seawell sold 50,514 shares of the business's stock in a transaction that occurred on Monday, July 7th. The stock was sold at an average price of $158.37, for a total value of $7,999,902.18. Following the sale, the director directly owned 1,974,784 shares of the company's stock, valued at $312,746,542.08. This represents a 2.49% decrease in their ownership of the stock. The disclosure for this sale can be found here. In the last three months, insiders have sold 4,296,844 shares of company stock worth $624,019,677. 4.17% of the stock is currently owned by company insiders.

Wall Street Analysts Forecast Growth

NVDA has been the subject of a number of recent analyst reports. Stifel Nicolaus set a $180.00 price target on NVIDIA in a report on Wednesday, March 19th. Bank of America boosted their target price on NVIDIA from $150.00 to $160.00 and gave the stock a "buy" rating in a research report on Wednesday, May 14th. Mizuho boosted their target price on NVIDIA from $170.00 to $185.00 and gave the stock an "outperform" rating in a research report on Thursday, July 3rd. Susquehanna restated a "positive" rating and set a $180.00 target price on shares of NVIDIA in a research report on Wednesday, March 19th. Finally, Oppenheimer restated an "outperform" rating and set a $175.00 target price on shares of NVIDIA in a research report on Monday, June 16th. One analyst has rated the stock with a sell rating, four have assigned a hold rating, thirty-four have issued a buy rating and three have given a strong buy rating to the company's stock. Based on data from MarketBeat, NVIDIA has a consensus rating of "Moderate Buy" and an average target price of $176.47.

NVIDIA Stock Up 0.7%

NASDAQ NVDA traded up $1.15 during trading hours on Tuesday, hitting $159.39. 20,862,588 shares of the company traded hands, compared to its average volume of 266,889,734. The business's 50-day moving average is $137.37 and its 200-day moving average is $127.97. NVIDIA Corporation has a twelve month low of $86.62 and a twelve month high of $160.98. The company has a debt-to-equity ratio of 0.10, a quick ratio of 2.96 and a current ratio of 3.39. The stock has a market capitalization of $3.89 trillion, a price-to-earnings ratio of 51.39, a P/E/G ratio of 1.41 and a beta of 2.13.

NVIDIA (NASDAQ:NVDA - Get Free Report) last released 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). The business had revenue of $44.06 billion during the quarter, compared to analyst estimates of $43.09 billion. NVIDIA had a net margin of 51.69% and a return on equity of 105.09%. The business's quarterly revenue was up 69.2% on a year-over-year basis. During the same period in the previous year, the business earned $0.61 earnings per share. Sell-side analysts anticipate that NVIDIA Corporation will post 2.77 earnings per share for the current year.

NVIDIA Announces Dividend

The firm also recently announced a quarterly dividend, which was paid on Thursday, July 3rd. Shareholders of record on Wednesday, June 11th were given a $0.01 dividend. This represents a $0.04 dividend on an annualized basis and a yield of 0.03%. The ex-dividend date of this dividend was Wednesday, June 11th. NVIDIA's dividend payout ratio is presently 1.29%.

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.