Tableaux LLC Invests $268,000 in NVIDIA Co. (NASDAQ:NVDA)

Tableaux LLC acquired a new stake in shares of NVIDIA Co. (NASDAQ:NVDA - Free Report) in the fourth quarter, according to the company in its most recent filing with the Securities and Exchange Commission (SEC). The institutional investor acquired 1,994 shares of the computer hardware maker's stock, valued at approximately $268,000.

A number of other institutional investors also recently bought and sold shares of NVDA. Tacita Capital Inc bought a new position in shares of NVIDIA in the fourth quarter worth about $28,000. Vision Financial Markets LLC bought a new stake in NVIDIA during the 4th quarter worth approximately $38,000. Luken Investment Analytics LLC purchased a new position in NVIDIA during the fourth quarter valued at approximately $40,000. Copia Wealth Management bought a new position in shares of NVIDIA in the fourth quarter worth approximately $50,000. Finally, LSV Asset Management purchased a new stake in shares of NVIDIA in the fourth quarter worth $54,000. Institutional investors own 65.27% of the company's stock.

NVIDIA Trading Up 0.6%

NVDA traded up $0.91 during trading hours on Monday, reaching $142.63. 184,474,522 shares of the company's stock traded hands, compared to its average volume of 278,229,971. 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 firm has a 50-day moving average price of $118.45 and a 200 day moving average price of $126.10. NVIDIA Co. has a 52-week low of $86.62 and a 52-week high of $195.95. The firm has a market capitalization of $3.48 trillion, a PE ratio of 56.13, a PEG ratio of 1.76 and a beta of 2.12.

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 analysts' consensus estimates of $0.87 by ($0.06). NVIDIA had a return on equity of 114.83% and a net margin of 55.69%. The company had revenue of $44.06 billion during the quarter, compared to the consensus estimate of $43.09 billion. During the same quarter in the previous year, the company posted $0.61 earnings per share. The company's revenue for the quarter was up 69.2% on a year-over-year basis. As a group, sell-side analysts predict that NVIDIA Co. will post 2.77 EPS for the current fiscal year.

NVIDIA Announces Dividend

The business also recently declared a quarterly dividend, which will be paid on Thursday, July 3rd. Stockholders of record on Wednesday, June 11th will be paid a dividend of $0.01 per share. This represents a $0.04 annualized dividend and a dividend yield of 0.03%. The ex-dividend date is Wednesday, June 11th. NVIDIA's dividend payout ratio is presently 1.29%.

Analyst Upgrades and Downgrades

Several research analysts recently weighed in on NVDA shares. Mizuho upped their target price on shares of NVIDIA from $168.00 to $170.00 and gave the stock an "outperform" rating in a report on Thursday, May 29th. Barclays reaffirmed an "overweight" rating and issued a $170.00 price objective (up previously from $155.00) on shares of NVIDIA in a research note on Thursday, May 29th. DZ Bank raised NVIDIA from a "hold" rating to a "strong-buy" rating in a research note on Friday, February 28th. Stifel Nicolaus set a $180.00 price target on NVIDIA in a research note on Wednesday, March 19th. Finally, Summit Insights upgraded shares of NVIDIA from a "hold" rating to a "buy" rating in a research report on Thursday, May 29th. One analyst has rated the stock with a sell rating, five have issued a hold rating, thirty-six have issued a buy rating and three have assigned a strong buy rating to the company's stock. Based on data from MarketBeat.com, the company presently has a consensus rating of "Moderate Buy" and an average target price of $171.66.

Insider Activity at NVIDIA

In other news, Director Robert K. Burgess sold 53,324 shares of the firm's stock in a transaction on Thursday, March 13th. The stock was sold at an average price of $115.49, for a total transaction of $6,158,388.76. Following the transaction, the director now 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 sale was disclosed in a filing with the SEC, which is accessible through this link. Also, Director Aarti S. Shah sold 20,000 shares of NVIDIA 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 sale, the director now owns 53,208 shares of the company's stock, valued at $6,300,891.36. The trade was a 27.32% decrease in their ownership of the stock. The disclosure for this sale can be found here. Over the last quarter, insiders sold 1,255,320 shares of company stock worth $172,680,419. Company insiders own 4.17% of the company's stock.

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.