NVIDIA Co. (NASDAQ:NVDA) Holdings Lifted by Vise Technologies Inc.

Vise Technologies Inc. boosted its stake in NVIDIA Co. (NASDAQ:NVDA - Free Report) by 73.7% during the 4th quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The fund owned 279,838 shares of the computer hardware maker's stock after acquiring an additional 118,712 shares during the period. NVIDIA accounts for 3.1% of Vise Technologies Inc.'s investment portfolio, making the stock its 2nd largest holding. Vise Technologies Inc.'s holdings in NVIDIA were worth $37,579,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

A number of other institutional investors and hedge funds have also added to or reduced their stakes in NVDA. Tacita Capital Inc acquired a new stake in shares of NVIDIA during the fourth quarter worth $28,000. Vision Financial Markets LLC bought a new stake in NVIDIA during the fourth quarter valued at $38,000. Luken Investment Analytics LLC acquired a new stake in NVIDIA during the 4th quarter worth about $40,000. LSV Asset Management bought a new position in shares of NVIDIA in the 4th quarter worth about $54,000. Finally, Delos Wealth Advisors LLC raised its position in shares of NVIDIA by 134.8% in the 4th quarter. Delos Wealth Advisors LLC now owns 493 shares of the computer hardware maker's stock worth $66,000 after acquiring an additional 283 shares in the last quarter. Institutional investors and hedge funds own 65.27% of the company's stock.

NVIDIA Stock Down 1.3%

NVDA stock traded down $1.81 during trading on Thursday, reaching $140.11. The stock had a trading volume of 177,110,531 shares, compared to its average volume of 281,992,109. 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 company has a market capitalization of $3.42 trillion, a price-to-earnings ratio of 55.15, a P/E/G ratio of 1.76 and a beta of 2.12. NVIDIA Co. has a one year low of $86.62 and a one year high of $195.95. The company's 50 day moving average is $117.19 and its two-hundred day moving average is $126.42.

NVIDIA (NASDAQ:NVDA - Get Free Report) last announced its earnings results on Wednesday, May 28th. The computer hardware maker reported $0.81 earnings per share 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 analysts' expectations of $43.09 billion. NVIDIA had a return on equity of 114.83% and a net margin of 55.69%. NVIDIA's quarterly revenue was up 69.2% on a year-over-year basis. During the same quarter in the previous year, the firm earned $0.61 EPS. Equities research analysts forecast that NVIDIA Co. will post 2.77 EPS for the current year.

NVIDIA Dividend Announcement

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

Insider Buying and Selling at NVIDIA

In other NVIDIA news, Director Mark A. Stevens sold 935,000 shares of NVIDIA stock in a transaction dated Tuesday, June 3rd. The shares were sold at an average price of $140.92, for a total value of $131,760,200.00. Following the sale, the director now owns 9,214,697 shares of the company's stock, valued at approximately $1,298,535,101.24. The trade was a 9.21% decrease in their ownership of the stock. The sale was disclosed in a legal filing with the SEC, which is accessible through this link. Also, CFO Colette Kress sold 66,660 shares of the business's stock in a transaction dated Friday, March 21st. The shares were sold at an average price of $116.83, for a total transaction of $7,787,887.80. Following the completion of the transaction, the chief financial officer now owns 3,085,765 shares in the company, valued at approximately $360,509,924.95. The trade was a 2.11% decrease in their ownership of the stock. The disclosure for this sale can be found here. Insiders sold 1,257,983 shares of company stock worth $172,973,349 in the last quarter. 4.17% of the stock is currently owned by company insiders.

Analyst Upgrades and Downgrades

Several equities research analysts recently commented on NVDA shares. Arete Research upgraded NVIDIA to a "strong-buy" rating in a research report on Wednesday, May 21st. Susquehanna restated a "positive" rating and set a $180.00 price target on shares of NVIDIA in a report on Wednesday, March 19th. HSBC downgraded shares of NVIDIA from a "buy" rating to a "hold" rating and set a $120.00 price objective for the company. in a research report on Thursday, April 3rd. Wedbush reiterated an "outperform" rating on shares of NVIDIA in a research report on Thursday, May 29th. Finally, Citigroup restated a "buy" rating and issued a $180.00 price target (up from $150.00) on shares of NVIDIA in a report on Thursday, May 29th. One research analyst has rated the stock with a sell rating, five have issued a hold rating, thirty-six have assigned a buy rating and three have given a strong buy rating to the company's stock. Based on data from MarketBeat, the stock has a consensus rating of "Moderate Buy" and an average price target of $171.66.

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.