SJS Investment Consulting Inc. Has $5.47 Million Holdings in NVIDIA Corporation (NASDAQ:NVDA)

SJS Investment Consulting Inc. grew its holdings in shares of NVIDIA Corporation (NASDAQ:NVDA - Free Report) by 8.5% during the first quarter, according to its most recent Form 13F filing with the SEC. The firm owned 50,452 shares of the computer hardware maker's stock after purchasing an additional 3,951 shares during the period. NVIDIA accounts for 0.9% of SJS Investment Consulting Inc.'s portfolio, making the stock its 14th biggest position. SJS Investment Consulting Inc.'s holdings in NVIDIA were worth $5,468,000 as of its most recent SEC filing.

A number of other large investors also recently modified their holdings of NVDA. Sonora Investment Management Group LLC grew its position in shares of NVIDIA by 1.8% during the 1st quarter. Sonora Investment Management Group LLC now owns 111,974 shares of the computer hardware maker's stock valued at $12,136,000 after buying an additional 2,021 shares during the last quarter. Paragon Advisors LLC boosted its stake in NVIDIA by 37.8% in the first quarter. Paragon Advisors LLC now owns 91,194 shares of the computer hardware maker's stock valued at $9,884,000 after acquiring an additional 24,993 shares during the period. Crescent Sterling Ltd. grew its holdings in shares of NVIDIA by 14.5% during the first quarter. Crescent Sterling Ltd. now owns 7,874 shares of the computer hardware maker's stock valued at $853,000 after purchasing an additional 996 shares during the last quarter. MADDEN SECURITIES Corp raised its position in shares of NVIDIA by 1.0% during the 1st quarter. MADDEN SECURITIES Corp now owns 78,838 shares of the computer hardware maker's stock worth $8,544,000 after purchasing an additional 766 shares during the period. Finally, Accurate Wealth Management LLC lifted its holdings in shares of NVIDIA by 2.9% in the 1st quarter. Accurate Wealth Management LLC now owns 87,806 shares of the computer hardware maker's stock worth $9,736,000 after purchasing an additional 2,483 shares during the last quarter. 65.27% of the stock is currently owned by institutional investors.

NVIDIA Trading Up 2.6%

Shares of NVIDIA stock traded up $3.73 on Tuesday, reaching $147.90. 187,010,174 shares of the company were exchanged, compared to its average volume of 270,622,127. NVIDIA Corporation has a fifty-two week low of $86.62 and a fifty-two week high of $153.13. The firm has a market capitalization of $3.61 trillion, a price-to-earnings ratio of 47.71, a price-to-earnings-growth ratio of 1.27 and a beta of 2.12. The company has a current ratio of 3.39, a quick ratio of 2.96 and a debt-to-equity ratio of 0.10. The stock has a fifty day moving average price of $127.76 and a 200-day moving average price of $126.59.

NVIDIA (NASDAQ:NVDA - Get Free Report) last posted its quarterly earnings data on Wednesday, May 28th. The computer hardware maker reported $0.81 earnings per share (EPS) for the quarter, missing the consensus estimate of $0.87 by ($0.06). NVIDIA had a return on equity of 105.09% and a net margin of 51.69%. The company had revenue of $44.06 billion for the quarter, compared to analyst estimates of $43.09 billion. During the same quarter in the previous year, the firm posted $0.61 EPS. NVIDIA's quarterly revenue was up 69.2% on a year-over-year basis. On average, analysts expect that NVIDIA Corporation will post 2.77 EPS for the current year.

NVIDIA Announces Dividend

The company also recently disclosed a quarterly dividend, which will be paid on Thursday, July 3rd. Investors of record on Wednesday, June 11th will be 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 of this dividend is Wednesday, June 11th. NVIDIA's dividend payout ratio is 1.29%.

Insiders Place Their Bets

In other NVIDIA news, CEO Jen Hsun Huang sold 50,000 shares of the company's stock in a transaction that occurred on Friday, June 20th. The shares were sold at an average price of $144.26, for a total value of $7,213,000.00. Following the transaction, the chief executive officer now owns 75,723,225 shares in the company, valued at approximately $10,923,832,438.50. This represents a 0.07% decrease in their position. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is available through the SEC website. Also, Director Mark A. Stevens sold 935,000 shares of the company's stock in a transaction that occurred on Tuesday, June 3rd. The shares were sold at an average price of $140.92, for a total transaction of $131,760,200.00. Following the completion of the transaction, the director now owns 9,214,697 shares in the company, valued at approximately $1,298,535,101.24. This represents a 9.21% decrease in their position. The disclosure for this sale can be found here. In the last three months, insiders have sold 3,393,863 shares of company stock worth $483,709,832. Corporate insiders own 4.17% of the company's stock.

Wall Street Analyst Weigh In

A number of brokerages recently commented on NVDA. Summit Insights upgraded NVIDIA from a "hold" rating to a "buy" rating in a research note on Thursday, May 29th. Susquehanna restated a "positive" rating and set a $180.00 price target on shares of NVIDIA in a research report on Wednesday, March 19th. DA Davidson increased their price objective on shares of NVIDIA from $120.00 to $135.00 and gave the stock a "neutral" rating in a report on Thursday, May 29th. Arete Research raised shares of NVIDIA to a "strong-buy" rating in a research note on Wednesday, May 21st. Finally, KeyCorp set a $190.00 target price on shares of NVIDIA in a research report on Wednesday, March 19th. One analyst has rated the stock with a sell rating, four have assigned a hold rating, thirty-five have issued a buy rating and three have issued 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 $173.05.

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.